Document:

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                                                                     EXHIBIT 4.2

                           RANGE RESOURCES CORPORATION

                        CERTIFICATE OF DESIGNATION OF THE
                 5.90% CUMULATIVE CONVERTIBLE PREFERRED STOCK OF
                           RANGE RESOURCES CORPORATION

         Pursuant to Section 151 of the Delaware General Corporation Law

         The undersigned, John H. Pinkerton, President and Chief Executive
Officer of Range Resources Corporation, a Delaware corporation (the "COMPANY"),
does hereby certify that by unanimous written consent of a duly authorized and
appointed committee of the Board of Directors of the Company effective September
15, 2003, the following resolution was duly adopted:

         RESOLVED, that pursuant to the authority vested in the Board of
Directors of the Company by Article Fourth of the Company's Certificate of
Incorporation and delegated to this Committee of the Board of Directors by
resolutions duly and validly adopted and approved by the Board of Directors at a
special meeting thereof on September 12, 2003, a series of preferred stock of
the Company be, and it hereby is, created out of the authorized but unissued
shares of the preferred stock of the Company, such series to be designated 5.90%
Cumulative Convertible Preferred Stock, to consist of 1,500,000 shares, par
value $1.00 per share, of which the preferences and relative and other rights,
and the qualifications, limitations or restrictions thereof, shall be (in
addition to those set forth in the Company's Certificate of Incorporation) as
follows:

         1.       Designation and Amount; Ranking.

                  (a) There shall be created from the 10,000,000 shares of
         preferred stock, par value $1.00 per share, of the Company authorized
         to be issued pursuant to the Certificate of Incorporation, a series of
         preferred stock, designated as the "5.90% Cumulative Convertible
         Preferred Stock," par value $1.00 per share (the "PREFERRED STOCK"),
         and the number of shares of such series shall be 1,500,000. Such number
         of shares may be decreased by resolution of the Board of Directors;
         provided that no decrease shall reduce the number of shares of
         Preferred Stock to a number less than that of the shares of Preferred
         Stock then outstanding plus the number of shares issuable upon exercise
         of options or rights then outstanding.

                  (b) The Preferred Stock will, with respect to dividend rights
         or rights upon the liquidation, winding-up or dissolution of the
         Company rank (i) senior to all Junior Stock, (ii) on a parity with all
         other Parity Stock and (iii) junior to all Senior Stock.
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         2.       Definitions. As used herein, the following terms shall have
the following meanings:

                  (1)      "ACCRUED DIVIDENDS" shall mean, with respect to any
         share of Preferred Stock, as of any date, the accrued and unpaid
         dividends on such share from and including the most recent Dividend
         Payment Date (or the Issue Date, if such date is prior to the first
         Dividend Payment Date) to but not including such date.

                  (2)      "ACCUMULATED DIVIDENDS" shall mean, with respect to
         any share of Preferred Stock, as of any date, the aggregate accumulated
         and unpaid dividends on such share from the Issue Date until the most
         recent Dividend Payment Date on or prior to such date. There shall be
         no Accumulated Dividends with respect to any share of Preferred Stock
         prior to the first Dividend Payment Date.

                  (3)      "AFFILIATE" shall have the meaning ascribed to it, on
         the date hereof, under Rule 405 of the Securities Act of 1933, as
         amended.

                  (4)      "BOARD OF DIRECTORS" shall mean the Board of
         Directors of the Company or, with respect to any action to be taken by
         the Board of Directors, any committee of the Board of Directors duly
         authorized to take such action.

                  (5)      "BUSINESS DAY" shall mean any day other than a
         Saturday, Sunday or other day on which commercial banks in The City of
         New York are authorized or required by law or executive order to close.

                  (6)      "CHANGE OF CONTROL" shall mean any of the following
         events: (i) the sale, lease or transfer, in one or a series of related
         transactions, of all or substantially all of the Company's assets
         (determined on a consolidated basis) to any Person or group (as such
         term is used in Section 13(d)(3) of the Exchange Act); (ii) the
         adoption of a plan the consummation of which would result in the
         liquidation or dissolution of the Company; or (iii) the acquisition,
         directly or indirectly, by any Person or group (as such term is used in
         Section 13(d)(3) of the Exchange Act), of beneficial ownership (as
         defined in Rule 13d-3 under the Exchange Act) of more than 50% of the
         aggregate voting power of the Voting Stock of the Company.

                  (7)      "CHANGE OF CONTROL DATE" shall mean the date on which
         the Change of Control event occurs.

                  (8)      "CONVERSION PRICE" shall mean $8.50, subject to
         adjustment as set forth in Section 8(d).

                  (9)      "COMMON STOCK" shall mean the common stock, par value
         $0.01 per share, of the Company, or any other class of stock resulting
         from successive changes or reclassifications of such common stock
         consisting solely of changes in par value, or from par value to no par
         value, or as a result of a subdivision, combination, or merger,
         consolidation or similar transaction in which the Company is a
         constituent corporation.

                  (10)     "DTC" or "DEPOSITORY" means The Depository Trust
         Company.

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                  (11)     "DIVIDEND PAYMENT DATE" shall mean March 31, June 30,
         September 30 and December 31 of each year, commencing December 31,
         2003.

                  (12)     "DIVIDEND RECORD DATE" shall mean March 15, June 15,
         September 15 and December 15 of each year.

                  (13)     "EXCHANGE ACT" shall mean the Securities Exchange Act
         of 1934, as amended, and the rules and regulations promulgated
         thereunder.

                  (14)     "HOLDER" or "HOLDER" shall mean a holder of record of
         the Preferred Stock.

                  (15)     "ISSUE DATE" shall mean the original date of issuance
         of a particular share or particular shares of Preferred Stock.

                  (16)     "JUNIOR STOCK" shall mean all classes of common stock
         of the Company and each other class of capital stock or series of
         preferred stock established after the Original Issue Date, by the Board
         of Directors, the terms of which do not expressly provide that such
         class or series ranks senior to or on parity with the Preferred Stock
         as to dividend rights or rights upon the liquidation, winding-up or
         dissolution of the Company.

                  (17)     "LIQUIDATION PREFERENCE" shall mean, with respect to
         each share of Preferred Stock, $50.

                  (18)     "MARKET VALUE" shall mean the average closing price
         of the Common Stock for a five consecutive trading day period on the
         NYSE (or such other national securities exchange or automated quotation
         system on which the Common Stock is then listed or authorized for
         quotation or, if the Common Stock is not so listed or authorized for
         quotation, an amount determined in good faith by the Board of Directors
         to be the fair value of the Common Stock).

                  (19)     "NYSE" shall mean the New York Stock Exchange, Inc.

                  (20)     "OFFICER" means the Chairman of the Board of
         Directors, the President, any Vice President, the Treasurer, the
         Secretary or any Assistant Secretary of the Company.

                  (21)     "OFFICERS' CERTIFICATE" means a certificate signed by
         two Officers.

                  (22)     "OPINION OF COUNSEL" means a written opinion from
         legal counsel who is acceptable to the Transfer Agent. The counsel may
         be an employee of or counsel to the Company or the Transfer Agent.

                  (23)     "ORIGINAL ISSUE DATE" means the original date of the
         first issuance of shares of Preferred Stock.

                  (24)     "PARITY STOCK" shall mean any class of capital stock
         or series of preferred stock established after the Original Issue Date
         by the Board of Directors, the terms of

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         which expressly provide that such class or series will rank on parity
         with the Preferred Stock as to dividend rights or rights upon the
         liquidation, winding-up or dissolution of the Company.

                  (25)     "PERSON" shall mean any individual, corporation,
         general partnership, limited partnership, limited liability
         partnership, joint venture, association, joint-stock company, trust,
         limited liability company, unincorporated organization or government or
         any agency or political subdivision thereof.

                  (26)     "REDEMPTION DATE" shall mean a date that is fixed for
         redemption of the Preferred Stock by the Company in accordance with
         Section 4 hereof.

                  (27)     "SEC" or "COMMISSION" shall mean the Securities and
         Exchange Commission.

                  (28)     "SECURITIES ACT" means the Securities Act of 1933, as
         amended.

                  (29)     "SENIOR STOCK" shall mean each class of capital stock
         or series of preferred stock established after the Original Issue Date
         by the Board of Directors, the terms of which expressly provide that
         such class or series will rank senior to the Preferred Stock as to
         dividend rights or rights upon the liquidation, winding-up or
         dissolution of the Company.

                  (30)     "SHELF REGISTRATION STATEMENT" shall mean a shelf
         registration statement, if any, filed with the SEC to cover resales of
         Transfer Restricted Securities by holders thereof.

                  (31)     "TRANSFER AGENT" shall mean Computershare Investor
         Services LLC, the Company's duly appointed transfer agent, registrar,
         paying and conversion and dividend disbursing agent for the Preferred
         Stock. The Company may, in its sole discretion, remove the Transfer
         Agent with 10 days' prior notice to the Transfer Agent; provided, that
         the Company shall appoint a successor Transfer Agent who shall accept
         such appointment prior to the effectiveness or such removal.

                  (32)     "TRANSFER RESTRICTED SECURITIES" shall mean each
         share of Preferred Stock (or the shares of Common Stock into which such
         share of Preferred Stock is convertible) until (i) the date on which
         such security or its predecessor has been effectively registered under
         the Securities Act and disposed of in accordance with the Shelf
         Registration Statement or (ii) the date on which such security or
         predecessor is distributed to the public pursuant to Rule 144 under the
         Securities Act or is saleable pursuant to Rule 144(k) under the
         Securities Act.

                  (33)     "VOTING RIGHTS TRIGGERING EVENT" shall mean the
         failure of the Company to pay dividends on the Preferred Stock with
         respect to six or more quarterly periods (whether or not consecutive).

                  (34)     "VOTING STOCK" shall mean, with respect to any
         Person, securities of any class or classes of Capital Stock in such
         Person entitling the holders thereof (whether at

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         all times or only so long as no senior class of stock has voting power
         by reason of contingency) to vote in the election of members of the
         Board of Directors or other governing body of such Person. For purposes
         of this definition, "CAPITAL STOCK" shall mean, with respect to any
         Person, any and all shares, interests, participations or other
         equivalents (however designated) of corporate stock or partnership
         interests and any and all warrants, options and rights with respect
         thereto (whether or not currently exercisable), including each class of
         common stock and preferred stock of such Person.

         3.       Dividends.

                  (a)      The holders of shares of the outstanding Preferred
         Stock shall be entitled, when, as and if declared by the Board of
         Directors out of funds of the Company legally available therefor, to
         receive cumulative cash dividends at the rate per annum of 5.90% per
         share on the Liquidation Preference (equivalent to $2.95 per annum per
         share), payable quarterly in arrears (the "DIVIDEND RATE"). Dividends
         payable for each full dividend period will be computed by dividing the
         Dividend Rate by four and shall be payable in arrears on each Dividend
         Payment Date (commencing December 31, 2003) for the quarterly period
         ending immediately prior to such Dividend Payment Date, to the holders
         of record of Preferred Stock at the close of business on the Dividend
         Record Date applicable to such Dividend Payment Date. Such dividends
         shall be cumulative from the most recent date as to which dividends
         shall have been paid or, if no dividends have been paid, from the Issue
         Date (whether or not in any dividend period or periods there shall be
         funds of the Company legally available for the payment of such
         dividends) and shall accrue on a day-to-day basis, whether or not
         earned or declared, from and after the Issue Date. Dividends payable
         for any partial dividend period shall be computed on the basis of days
         elapsed over a 360-day year consisting of twelve 30-day months.
         Accumulations of dividends on shares of Preferred Stock shall not bear
         interest.

                  (b)      No dividend will be declared or paid upon, or any sum
         set apart for the payment of dividends upon, any outstanding share of
         the Preferred Stock with respect to any dividend period unless all
         dividends for all preceding dividend periods have been declared and
         paid or declared and a sufficient sum set apart for the payment of such
         dividend, upon all outstanding shares of Preferred Stock.

                  (c)      No dividends or other distributions (other than a
         dividend or distribution payable solely in shares of Parity Stock or
         Junior Stock (in the case of Parity Stock) or Junior Stock (in the case
         of Junior Stock) and other than cash paid in lieu of fractional shares)
         may be declared, made or paid, or set apart for payment upon, any
         Parity Stock or Junior Stock, nor may any Parity Stock or Junior Stock
         be redeemed, purchased or otherwise acquired for any consideration (or
         any money paid to or made available for a sinking fund for the
         redemption of any Parity Stock or Junior Stock) by or on behalf of the
         Company (except by conversion into or exchange for shares of Parity
         Stock or Junior Stock (in the case of Parity Stock) or Junior Stock (in
         the case of Junior Stock)), unless full Accumulated Dividends shall
         have been or contemporaneously are declared and paid, or are declared
         and a sum sufficient for the payment thereof is set apart for such
         payment, on the Preferred Stock and any Parity Stock for all dividend
         payment periods terminating on or prior to the date of such
         declaration, payment, redemption, purchase or acquisition.

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         Notwithstanding the foregoing, if full dividends have not been paid on
         the Preferred Stock and any Parity Stock, dividends may be declared and
         paid on the Preferred Stock and such Parity Stock so long as the
         dividends are declared and paid pro rata so that the amounts of
         dividends declared per share on the Preferred Stock and such Parity
         Stock will in all cases bear to each other the same ratio that
         accumulated and unpaid dividends per share on the shares of Preferred
         Stock and such other Parity Stock bear to each other.

                  (d)      Holders of shares of Preferred Stock shall not be
         entitled to any dividends on the Preferred Stock, whether payable in
         cash, property or stock, in excess of full cumulative dividends. No
         interest, or sum of money in lieu of interest, shall be payable in
         respect of any dividend payment or payments on the Preferred Stock
         which may be in arrears.

                  (e)      The holders of shares of Preferred Stock at the close
         of business on a Dividend Record Date will be entitled to receive the
         dividend payment on those shares on the corresponding Dividend Payment
         Date notwithstanding the subsequent conversion thereof or the Company's
         default in payment of the dividend due on that Dividend Payment Date.
         However, shares of Preferred Stock surrendered for conversion during
         the period between the close of business on any Dividend Record Date
         and the close of business on the Business Day immediately preceding the
         applicable Dividend Payment Date must be accompanied by payment of an
         amount equal to the dividend payable on the shares on that Dividend
         Payment Date. A holder of shares of Preferred Stock on a Dividend
         Record Date who (or whose transferee) tenders any shares for conversion
         on the corresponding Dividend Payment Date will receive the dividend
         payable by the Company on the Preferred Stock on that date, and the
         converting holder need not include payment in the amount of such
         dividend upon surrender of shares of Preferred Stock for conversion.
         Except as provided above with respect to a voluntary conversion
         pursuant to Section 8, the Company shall make no payment or allowance
         for unpaid dividends, whether or not in arrears, on converted shares or
         for dividends on the shares of Common Stock issued upon conversion.

         4.       Optional Redemption by the Company. Shares of Preferred Stock
shall be redeemable by the Company as provided below.

                  (a)      Except as otherwise provided herein, the Company may
         not redeem any shares of Preferred Stock before September 30, 2007. On
         or after September 30, 2007, the Company may redeem any or all shares
         of the Preferred Stock in accordance with this Section 4. Any
         redemption pursuant to this Section 4 will be made upon not less than
         30 days nor more than 60 days notice to the holders of the Preferred
         Stock, at the following prices per share, together with Accumulated
         Dividends and Accrued Dividends thereon to, but excluding, the
         Redemption Date (collectively, the "REDEMPTION PRICE"), if redeemed
         during the 12-month period beginning September 30:

<TABLE>
<CAPTION>
      Year            Price per Share
      ----            ---------------
<S>                   <C>
      2007               $   51.50
      2008               $   51.20
      2009               $   50.90
      2010               $   50.60
      2011               $   50.30
2012 and thereafter      $   50.00
</TABLE>

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                  (b)      In the event the Company elects to redeem shares of
         Preferred Stock, the Company shall:

                           (i)      send a written notice to the Transfer Agent
                  of the Redemption Date, stating the number of shares to be
                  redeemed and the Redemption Price, at least 35 days before the
                  Redemption Date (unless a shorter period shall be satisfactory
                  to the Transfer Agent).

                           (ii)     send a written notice by first class mail to
                  each holder of record of the Preferred Stock at such holder's
                  registered address, not fewer than 30 nor more than 60 days
                  prior to the Redemption Date stating:

                           (1)      the Redemption Date;

                           (2)      the Redemption Price;

                           (3)      the Conversion Price;

                           (4)      the name and address of the Transfer Agent;

                           (5)      that shares of Preferred Stock called for
                  redemption may be converted at any time before 5:00 p.m., New
                  York City time on the Business Day immediately preceding the
                  Redemption Date;

                           (6)      that holders who want to convert shares of
                  the Preferred Stock must satisfy the requirements set forth in
                  Section 8 of this certificate;

                           (7)      that shares of the Preferred Stock called
                  for redemption must be surrendered to the Transfer Agent to
                  collect the Redemption Price;

                           (8)      if fewer than all the outstanding shares of
                  the Preferred Stock are to be redeemed by the Company, the
                  number of shares to be redeemed;

                           (9)      that, unless the Company defaults in making
                  payment of such Redemption Price, dividends in respect of the
                  shares of Preferred Stock called for redemption will cease to
                  accrue on and after the Redemption Date;

                           (10)     the CUSIP number of the Preferred Stock; and

                           (11)     any other information the Company wishes to
                  present.

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                  (c)      If the Company gives notice of redemption, then, by
         12:00 p.m., New York City time, on the Redemption Date, to the extent
         funds are legally available, the Company shall, with respect to:

                           (i)      shares of the Preferred Stock held by DTC or
                  its nominees, deposit or cause to be deposited, irrevocably
                  with DTC funds sufficient to pay the Redemption Price and
                  shall give DTC irrevocable instructions and authority to pay
                  the Redemption Price to holders of such shares of the
                  Preferred Stock; and

                           (ii)     shares of the Preferred Stock held in
                  certificated form, deposit or cause to be deposited,
                  irrevocably with the Transfer Agent funds sufficient to pay
                  the Redemption Price and shall give the Transfer Agent
                  irrevocable instructions and authority to pay the Redemption
                  Price to holders of such shares of the Preferred Stock upon
                  surrender of their certificates evidencing their shares of the
                  Preferred Stock.

                  (d)      If on the Redemption Date, DTC and/or the Transfer
         Agent holds or hold money sufficient to pay the Redemption Price for
         the shares of Preferred Stock delivered for redemption as set forth
         herein, dividends shall cease to accrue on those shares of the
         Preferred Stock called for redemption and all rights of holders of such
         shares shall terminate except for the right to receive the Redemption
         Price.

                  (e)      Payment of the Redemption Price for shares of the
         Preferred Stock is conditioned upon book-entry transfer or physical
         delivery of certificates representing the Preferred Stock, together
         with necessary endorsements, to the Transfer Agent at any time after
         delivery of the notice of redemption.

                  (f)      Payment of the Redemption Price for the Preferred
         Stock shall be made:

                           (i)      if book-entry transfer or physical delivery
                   of the Preferred Stock has been made by or on the Redemption
                  Date, on the Redemption Date, or

                           (ii)     if book-entry transfer or physical delivery
                  of the Preferred Stock has not been made by or on the
                  Redemption Date, at the time of book-entry transfer or
                  physical delivery of the Preferred Stock.

                  (g)      If the Redemption Date falls after a Dividend Record
         Date and before the related Dividend Payment Date, holders of the
         shares of Preferred Stock at the close of business on that Dividend
         Record Date shall be entitled to receive the dividend payable on those
         shares on the corresponding Dividend Payment Date. However, the
         Redemption Price payable on such Redemption Date shall not include any
         amount in respect of dividends declared and payable on any subsequent
         Dividend Payment Date.

                  (h)      In the case of any partial redemption, the Company
         shall select the shares of Preferred Stock to be redeemed on a pro rata
         basis, by lot or any other method that the Board of Directors, in its
         discretion, deems fair and appropriate. However, the Company may redeem
         all the shares held by holders of fewer than 100 shares or who would
         hold fewer than 100 shares as a result of the redemption.

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                  (i)      Upon surrender of a certificate or certificates
         representing shares of the Preferred Stock that is or are redeemed in
         part, the Company shall execute and the Transfer Agent shall
         authenticate and deliver to the holder, a new certificate of
         certificates representing shares of the Preferred Stock in an amount
         equal to the unredeemed portion of the shares of Preferred Stock
         surrendered for partial redemption.

         5.       Change of Control.

                  (a)      Upon the occurrence of a Change of Control, each
         holder of Preferred Stock shall, in the event that the Market Value for
         the period ending on the Change of Control Date is less than the
         Conversion Price, have a one-time option (the "CHANGE OF CONTROL
         OPTION") to convert all of such holder's outstanding shares of
         Preferred Stock into fully paid and nonassessable shares of Common
         Stock at an adjusted Conversion Price equal to the greater of (i) the
         Market Value for the period ending on the Change of Control Date and
         (ii) $4.43. The Change of Control Option must be exercised, if at all,
         during the period of not less than 30 days nor more than 60 days
         commencing on the third Business Day after notice of a Change in
         Control has been given by the Company in accordance with Section 5(b).
         In lieu of issuing the shares of Common Stock issuable upon conversion
         in the event of a Change of Control, the Company may, at its option,
         make a cash payment equal to the Market Value for each share of such
         Common Stock otherwise issuable determined for the period ending on the
         Change of Control Date. Notwithstanding the foregoing, upon the
         occurrence of a Change of Control in which (i) each holder of Common
         Stock receives consideration consisting solely of common stock of the
         successor, acquiror or other third party (and cash paid in lieu of
         fractional shares) that is listed on a national securities exchange or
         quoted on the NASDAQ National Market and (ii) all the Common Stock has
         been exchanged for, converted into or acquired for common stock of the
         successor, acquiror or other third party (and cash in lieu of factional
         shares), and the Preferred Stock becomes convertible solely into such
         common stock, the Conversion Price will not be adjusted as described in
         this Section 5(a).

                  (b)      In the event of a Change of Control (other than a
         Change of Control described in the last sentence of Section 5(a)),
         notice of such Change of Control shall be given, within five Business
         Days of the Change of Control Date, by the Company by first-class mail
         to each record holder of shares of Preferred Stock, at such holder's
         address as the same appears on the books of the Company. Each such
         notice shall state (i) that a Change of Control has occurred; (ii) the
         last day on which the Change of Control Option may be exercised (the
         "EXPIRATION DATE") pursuant to the terms hereof; (iii) the name and
         address of the Transfer Agent; and (iv) the procedures that holders
         must follow to exercise the Change of Control Option.

                  (c)      On or before the Expiration Date, each holder of
         shares of Preferred Stock wishing to exercise the Change of Control
         Option shall surrender the certificate or certificates representing the
         shares of Preferred Stock to be converted, in the manner and at the
         place designated in the notice described in Section 5(b), and on such
         date the cash or shares of Common Stock due to such holder shall be
         delivered to the Person whose name appears on such certificate or
         certificates as the owner thereof and the shares represented by each
         surrendered certificate shall be returned to authorized but unissued

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         shares. Upon surrender (in accordance with the notice described in
         Section 5(b)) of the certificate or certificates representing any
         shares to be so converted (properly endorsed or assigned for transfer,
         if the Company shall so require and the notice shall so state), such
         shares shall be converted by the Company at the adjusted Conversion
         Price, if applicable, as described in Section 5(a).

                  (d)      The rights of holders of Preferred Stock pursuant to
         this Section 5 are in addition to, and not in lieu of, the rights of
         holders of Preferred Stock provided for in Section 8 hereof.

         6.       Voting.

                  (a)      The shares of Preferred Stock shall have no voting
         rights except as set forth below or as otherwise required by Delaware
         law from time to time:

                           (i)      If and whenever at any time or times a
                  Voting Rights Triggering Event occurs, then the holders of
                  shares of Preferred Stock, voting as a single class with any
                  other preferred stock or preference securities having similar
                  voting rights that are exercisable (the "VOTING RIGHTS
                  CLASS"), will be entitled at the next regular or special
                  meeting of stockholders of the Company to elect two additional
                  directors of the Company, unless the Board of Directors is
                  comprised of fewer than six directors at such time, in which
                  case the Voting Rights Class shall be entitled to elect one
                  additional director. Upon the election of any such additional
                  directors, the number of directors that comprise the Board of
                  Directors shall be increased by such number of additional
                  directors.

                           (ii)     Such voting rights may be exercised at a
                  special meeting of the holders of the shares of the Voting
                  Rights Class, called as hereinafter provided, or at any annual
                  meeting of stockholders held for the purpose of electing
                  directors, and thereafter at each such annual meeting until
                  such time as all dividends in arrears on the shares of
                  Preferred Stock shall have been paid in full, at which time or
                  times such voting rights and the term of the directors elected
                  pursuant to Section 6(a)(i) shall terminate.

                           (iii)    At any time when such voting rights shall
                  have vested in holders of shares of the Voting Rights Class,
                  an Officer of the Company may call, and, upon written request
                  of the record holders of shares representing at least
                  twenty-five percent (25%) of the voting power of the shares
                  then outstanding of the Voting Rights Class, addressed to the
                  Secretary of the Company, shall call a special meeting of the
                  holders of shares of the Voting Rights Class. Such meeting
                  shall be held at the earliest practicable date upon the notice
                  required for annual meetings of stockholders at the place for
                  holding annual meetings of stockholders of the Company, or, if
                  none, at a place designated by the Board of Directors.
                  Notwithstanding the provisions of this Section 6(a)(iii), no
                  such special meeting shall be called during a period within
                  the 60 days immediately preceding the date fixed for the next
                  annual meeting of stockholders in which such case, the
                  election

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                  of directors pursuant to Section 6(a)(ii) shall be held at
                  such annual meeting of stockholders.

                           (iv)     At any meeting held for the purpose of
                  electing directors at which the holders of the Voting Rights
                  Class shall have the right to elect directors as provided
                  herein, the presence in person or by proxy of the holders of
                  shares representing more than fifty percent (50%) in voting
                  power of the then outstanding shares of the Voting Rights
                  Class shall be required and shall be sufficient to constitute
                  a quorum of such class for the election of directors by such
                  class. The affirmative vote of the holders of shares of
                  Preferred Stock constituting a majority of the shares of
                  Preferred Stock present at such meeting, in person or by
                  proxy, shall be sufficient to elect any such director.

                           (v)      Any director elected pursuant to the voting
                  rights created under this Section 6(a) shall hold office until
                  the next annual meeting of stockholders (unless such term has
                  previously terminated pursuant to Section 6(a)(iii)) and any
                  vacancy in respect of any such director shall be filled only
                  by vote of the remaining director so elected by holders of the
                  Voting Rights Class, or if there be no such remaining
                  director, by the holders of shares of the Voting Rights Class
                  at a special meeting called in accordance with the procedures
                  set forth in this Section 6, or, if no such special meeting is
                  called, at the next annual meeting of stockholders. Upon any
                  termination of such voting rights, the term of office of all
                  directors elected pursuant to this Section 6 shall terminate.

                           (vi)     So long as any shares of Preferred Stock
                  remain outstanding, unless a greater percentage shall then be
                  required by law, the Company shall not, without the
                  affirmative vote or consent of the holders of at least 66-2/3%
                  of the outstanding Preferred Stock voting or consenting, as
                  the case may be, separately as one class, amend the
                  Certificate of Incorporation so as to affect adversely the
                  specified rights, preferences, privileges or voting rights of
                  holders of shares of Preferred Stock.

                           (vii)    In exercising the voting rights set forth in
                  this Section 6(a), each share of Preferred Stock shall be
                  entitled to one vote.

                  (b)      The Company may authorize, increase the authorized
         amount of, or issue any class or series of Senior Stock, Parity Stock
         or Junior Stock, without the consent of the holders of Preferred Stock,
         and in taking such actions the Company shall not be deemed to have
         affected adversely the rights, preferences, privileges or voting rights
         of holders of shares of Preferred Stock.

         7.       Liquidation Rights.

                  (a)      In the event of any liquidation, winding-up or
         dissolution of the Company, whether voluntary or involuntary, each
         holder of shares of Preferred Stock shall be entitled to receive and to
         be paid out of the assets of the Company available for distribution to
         its stockholders the Liquidation Preference plus Accumulated Dividends

                                       11

<PAGE>

         and Accrued Dividends thereon in preference to the holders of, and
         before any payment or distribution is made on, any Junior Stock,
         including, without limitation, on any Common Stock.

                  (b)      Neither the sale, conveyance, exchange or transfer
         (for cash, shares of stock, securities or other consideration) of all
         or substantially all the assets or business of the Company (other than
         in connection with the liquidation, winding-up or dissolution of its
         business) nor the merger or consolidation of the Company into or with
         any other Person shall be deemed to be a liquidation, winding-up or
         dissolution, voluntary or involuntary, for the purposes of this Section
         7.

                  (c)      After the payment to the holders of the shares of
          Preferred Stock of full preferential amounts provided for in this
         Section 7, the holders of Preferred Stock as such shall have no right
         or claim to any of the remaining assets of the Company.

                  (d)      In the event the assets of the Company available for
         distribution to the holders of shares of Preferred Stock upon any
         liquidation, winding-up or dissolution of the Company, whether
         voluntary or involuntary, shall be insufficient to pay in full all
         amounts to which such holders are entitled pursuant to Section 7(a), no
         such distribution shall be made on account of any shares of Parity
         Stock upon such liquidation, dissolution or winding-up unless
         proportionate distributable amounts shall be paid on account of the
         shares of Preferred Stock, ratably, in proportion to the full
         distributable amounts for which holders of all Preferred Stock and of
         any Parity Stock are entitled upon such liquidation, winding-up or
         dissolution.

         8.       Conversion.

                  (a)      Each holder of Preferred Stock shall have the right,
         at its option, exercisable at any time and from time to time from the
         Issue Date to convert, subject to the terms and provisions of this
         Section 8, any or all of such holder's shares of Preferred Stock. In
         such case, the shares of Preferred Stock shall be converted into such
         whole number of fully paid and nonassessable shares of Common Stock as
         is equal, subject to Section 8(g), to the product of the number of
         shares of Preferred Stock being so converted multiplied by the quotient
         of (i) the Liquidation Preference divided by (ii) the Conversion Price
         (as defined below) then in effect. The Conversion Price initially shall
         be $8.50, subject to adjustment as set forth in Section 8(c).

                  The conversion right of a holder of Preferred Stock shall be
         exercised by the holder by the surrender to the Company of the
         certificates representing shares to be converted at any time during
         usual business hours at its principal place of business or the offices
         of its duly appointed Transfer Agent to be maintained by it,
         accompanied by written notice to the Company in the form of Exhibit A
         that the holder elects to convert all or a portion of the shares of
         Preferred Stock represented by such certificate and specifying the name
         or names (with address) in which a certificate or certificates for
         shares of Common Stock are to be issued and (if so required by the
         Company or its duly appointed Transfer Agent) by a written instrument
         or instruments of transfer in form reasonably satisfactory to the
         Company or its duly appointed Transfer Agent duly

                                       12

<PAGE>

         executed by the holder or its duly authorized legal representative and
         transfer tax stamps or funds therefor, if required pursuant to Section
         8(i). Immediately prior to the close of business on the date of receipt
         by the Company or its duly appointed Transfer Agent of notice of
         conversion of shares of Preferred Stock, each converting holder of
         Preferred Stock shall be deemed to be the holder of record of Common
         Stock issuable upon conversion of such holder's Preferred Stock
         notwithstanding that the share register of the Company shall then be
         closed or that certificates representing such Common Stock shall not
         then be actually delivered to such holder. On the date of any
         conversion, all rights with respect to the shares of Preferred Stock so
         converted, including the rights, if any, to receive notices, will
         terminate, except only the rights of holders thereof to (i) receive
         certificates for the number of whole shares of Common Stock into which
         such shares of Preferred Stock have been converted and cash, in lieu of
         any fractional shares as provided in Section 8(f); and (ii) exercise
         the rights to which they are entitled as holders of Common Stock.

                  (b)      If the last day for the exercise of the conversion
         right shall not be a Business Day, then such conversion right may be
         exercised on the next preceding Business Day.

                  (c)      The Conversion Price shall be subject to adjustment
         as follows:

                           (i)      In case the Company shall at any time or
                  from time to time (A) pay a dividend (or other distribution)
                  payable in shares of Common Stock on any class of capital
                  stock (which, for purposes of this Section 8(c) shall include,
                  without limitation, any dividends or distributions in the form
                  of options, warrants or other rights to acquire capital stock)
                  of the Company (other than the issuance of shares of Common
                  Stock in connection with the conversion of preferred stock);
                  (B) subdivide the outstanding shares of Common Stock into a
                  larger number of shares; (C) combine the outstanding shares of
                  Common Stock into a smaller number of shares; (D) issue any
                  shares of its capital stock in a reclassification of the
                  Common Stock; or (E) pay a dividend or make a distribution to
                  all holders of shares of Common Stock (other than a dividend
                  or distribution subject to Section 8(c)(ii)) pursuant to a
                  stockholder rights plan, "poison pill" or similar arrangement
                  and excluding dividends payable on the Preferred Stock then,
                  and in each such case, the Conversion Price in effect
                  immediately prior to such event shall be adjusted (and any
                  other appropriate actions shall be taken by the Company) so
                  that the holder of any share of Preferred Stock thereafter
                  surrendered for conversion shall be entitled to receive the
                  number of shares of Common Stock that such holder would have
                  owned or would have been entitled to receive upon or by reason
                  of any of the events described above, had such share of
                  Preferred Stock been converted into shares of Common Stock
                  immediately prior to the occurrence of such event. An
                  adjustment made pursuant to this Section 8(c)(i) shall become
                  effective retroactively (x) in the case of any such dividend
                  or distribution, to the day immediately following the close of
                  business on the record date for the determination of holders
                  of Common Stock entitled to receive such dividend or
                  distribution or (y) in the case of any such subdivision,

                                       13

<PAGE>

                  combination or reclassification, to the close of business on
                  the day upon which such corporate action becomes effective.

                           (ii)     In case the Company shall at any time or
                  from time to time issue to all holders of its Common Stock
                  rights, options or warrants entitling the holders thereof to
                  subscribe for or purchase shares of Common Stock (or
                  securities convertible into or exchangeable for shares of
                  Common Stock) at a price per share less than the Market Value
                  for the period ending on the date of issuance (treating the
                  price per share of any security convertible, or exchangeable
                  or exercisable into Common Stock as equal to (A) the sum of
                  the price paid to acquire such security convertible,
                  exchangeable or exercisable into Common Stock plus any
                  additional consideration payable (without regard to any
                  anti-dilution adjustments) upon the conversion, exchange or
                  exercise of such security into Common Stock divided by (B) the
                  number of shares of Common Stock into which such convertible,
                  exchangeable or exercisable security is initially convertible,
                  exchangeable or exercisable), other than (I) issuances of such
                  rights, options or warrants if the holder of Preferred Stock
                  would be entitled to receive such rights, options or warrants
                  upon conversion at any time of shares of Preferred Stock into
                  Common Stock and (II) issuances that are subject to certain
                  triggering events (until such time as such triggering events
                  occur), then, and in each such case, the Conversion Price then
                  in effect shall be adjusted by dividing the Conversion Price
                  in effect on the day immediately prior to the record date of
                  such issuance by a fraction (y) the numerator of which shall
                  be the sum of the number of shares of Common Stock outstanding
                  on such record date plus the number of additional shares of
                  Common Stock issued or to be issued upon or as a result of the
                  issuance of such rights, options or warrants (or the maximum
                  number into or for which such convertible or exchangeable
                  securities initially may convert or exchange or for which such
                  options, warrants or other rights initially may be exercised)
                  and (z) the denominator of which shall be the sum of the
                  number of shares of Common Stock outstanding on such record
                  date plus the number of shares of Common Stock which the
                  aggregate consideration for the total number of such
                  additional shares of Common Stock so issued (or into or for
                  which such convertible or exchangeable securities may convert
                  or exchange or for which such options, warrants or other
                  rights may be exercised plus the aggregate amount of any
                  additional consideration initially payable upon the
                  conversion, exchange or exercise of such security) would
                  purchase at the Market Value for the period ending on the date
                  of conversion; provided, that if the Company distributes
                  rights or warrants (other than those referred to above in this
                  subparagraph (c)(ii)) pro rata to the holders of Common Stock,
                  so long as such rights or warrants have not expired or been
                  redeemed by the Company, (y) the holder of any Preferred Stock
                  surrendered for conversion shall be entitled to receive upon
                  such conversion, in addition to the shares of Common Stock
                  then issuable upon such conversion (the "CONVERSION SHARES"),
                  a number of rights or warrants to be determined as follows:
                  (i) if such conversion occurs on or prior to the date for the
                  distribution to the holders of rights or warrants of separate
                  certificates evidencing such rights or warrants (the
                  "DISTRIBUTION DATE"), the same number of rights or warrants to
                  which a holder of a number of shares of Common Stock equal to
                  the number of

                                       14

<PAGE>

                  Conversion Shares is entitled at the time of such conversion
                  in accordance with the terms and provisions applicable to the
                  rights or warrants and (ii) if such conversion occurs after
                  the Distribution Date, the same number of rights or warrants
                  to which a holder of the number of shares of Common Stock into
                  which such Preferred Stock was convertible immediately prior
                  to such Distribution Date would have been entitled on such
                  Distribution Date had such Preferred Stock been converted
                  immediately prior to such Distribution Date in accordance with
                  the terms and provisions applicable to the rights and
                  warrants, and (z) the Conversion Price shall not be subject to
                  adjustment on account of any declaration, distribution or
                  exercise of such rights or warrants.

                           (iii)    In case the Company shall at any time or
                  from time to time (A) make a pro rata distribution to all
                  holders of shares of its Common Stock consisting of cash
                  (excluding any cash portion of distributions referred to in
                  clause (E) of paragraph (c)(i) above, or cash distributed upon
                  a merger or consolidation to which paragraph (g) below
                  applies); (B) complete a tender or exchange offer by the
                  Company or any of its subsidiaries for shares of Common Stock
                  that involves an aggregate consideration that, together with
                  (I) any cash and other consideration payable in a tender or
                  exchange offer by the Company or any of its subsidiaries for
                  shares of Common Stock expiring within the then-preceding 12
                  months in respect of which no adjustment pursuant to this
                  Section 8(c) has been made and (II) the aggregate amount of
                  any such all-cash distributions referred to in clause (A)
                  above to all holders of shares of Common Stock within the
                  then-preceding 12 months in respect of which no adjustments
                  have been made, exceeds 15% of the Company's market
                  capitalization on the expiration of such tender offer; or (C)
                  make a distribution to all holders of its Common Stock
                  consisting of evidences of indebtedness, shares of its capital
                  stock other than Common Stock or assets (including securities,
                  but excluding those dividends, rights, options, warrants and
                  distributions referred to in paragraphs (c)(i), (c)(ii) above
                  or this (c)(iii)), then, and in each such case, the Conversion
                  Price then in effect shall be adjusted by dividing the
                  Conversion Price in effect immediately prior to the date of
                  such distribution or completion of such tender or exchange
                  offer, as the case may be, by a fraction (x) the numerator of
                  which shall be the Market Value for the period ending on the
                  record date referred to below, or, if such adjustment is made
                  upon the completion of a tender or exchange offer, on the
                  payment date for such offer, and (y) the denominator of which
                  shall be such Market Value less the then fair market value (as
                  determined by the Board of Directors of the Company) of the
                  portion of the cash, evidences of indebtedness, securities or
                  other assets so distributed or paid in such tender or exchange
                  offer, applicable to one share of Common Stock (but such
                  denominator shall not be less than one); provided, however,
                  that no adjustment shall be made with respect to any
                  distribution of rights to purchase securities of the Company
                  if the holder of shares of Preferred Stock would otherwise be
                  entitled to receive such rights upon conversion at any time of
                  shares of Preferred Stock into shares of Common Stock unless
                  such rights are subsequently redeemed by the Company, in which
                  case such redemption shall be treated for purposes of this
                  Section 8(c)(iii) as a dividend on the Common Stock. Such
                  adjustment shall be made whenever any

                                       15

<PAGE>

                  such distribution is made or tender or exchange offer is
                  completed, as the case may be, and shall become effective
                  retroactively to a date immediately following the close of
                  business on the record date for the determination of
                  stockholders entitled to receive such distribution.

                           (iv)     In the case the Company at any time or from
                  time to time shall take any action affecting its Common Stock
                  (it being understood that the issuance or sale of shares of
                  Common Stock (or securities convertible into or exchangeable
                  for shares of Common Stock, or any options, warrants or other
                  rights to acquire shares of Common Stock) to any Person at a
                  price per share less than the Conversion Price then in effect
                  shall not be deemed such an action), other than an action
                  described in any of Section 8(c)(i) through Section 8(c)(iii),
                  inclusive, or Section 8(g), then the Conversion Price shall be
                  adjusted in such manner and at such time as the Board of
                  Directors of the Company in good faith determines to be
                  equitable in the circumstances (such determination to be
                  evidenced in a resolution, a certified copy of which shall be
                  mailed to the holders of the Preferred Stock).

                           (v)      Notwithstanding anything herein to the
                  contrary, no adjustment under this Section 8(c) need be made
                  to the Conversion Price unless such adjustment would require
                  an increase or decrease of at least 1% of the Conversion Price
                  then in effect. Any lesser adjustment shall be carried forward
                  and shall be made at the time of and together with the next
                  subsequent adjustment, if any, which, together with any
                  adjustment or adjustments so carried forward, shall amount to
                  an increase or decrease of at least 1% of such Conversion
                  Price.

                           (vi)     The Company reserves the right to make such
                   reductions in the Conversion Price in addition to those
                  required in the foregoing provisions as it considers advisable
                  in order that any event treated for Federal income tax
                  purposes as a dividend of stock or stock rights will not be
                  taxable to the recipients. In the event the Company elects to
                  make such a reduction in the Conversion Price, the Company
                  will comply with the requirements of Rule 14e-1 under the
                  Exchange Act, and any other securities laws and regulations
                  thereunder if and to the extent that such laws and regulations
                  are applicable in connection with the reduction of the
                  Conversion Price.

                  (d)      If the Company shall take a record of the holders of
         its Common Stock for the purpose of entitling them to receive a
         dividend or other distribution, and shall thereafter (and before the
         dividend or distribution has been paid or delivered to stockholders)
         legally abandon its plan to pay or deliver such dividend or
         distribution, then thereafter no adjustment in the Conversion Price
         then in effect shall be required by reason of the taking of such
         record.

                  (e)      Upon any increase or decrease in the Conversion
         Price, then, and in each such case, the Company promptly shall deliver
         to each holder of Preferred Stock a certificate signed by an authorized
         officer of the Company, setting forth in reasonable detail the event
         requiring the adjustment and the method by which such adjustment was

                                       16

<PAGE>

         calculated and specifying the increased or decreased Conversion Price
         then in effect following such adjustment.

                  (f)      No fractional shares or securities representing
         fractional shares of Common Stock shall be issued upon the conversion
         of any shares of Preferred Stock, whether voluntary or mandatory. If
         more than one share of Preferred Stock shall be surrendered for
         conversion at one time by the same holder, the number of full shares of
         Common Stock issuable upon conversion thereof shall be computed on the
         basis of the aggregate Liquidation Preference of the shares of
         Preferred Stock so surrendered. If the conversion of any share or
         shares of Preferred Stock results in a fraction, an amount equal to
         such fraction multiplied by the last reported sale price of the Common
         Stock on the NYSE (or on such other national securities exchange or
         automated quotation system on which the Common Stock is then listed for
         trading or authorized for quotation or, if the Common Stock is not then
         so listed or authorized for quotation, an amount determined in good
         faith by the Board of Directors to be the fair value of the Common
         Stock) at the close of business on the trading day next preceding the
         day of conversion shall be paid to such holder in cash by the Company.

                  (g)      In the event of any reclassification of outstanding
         shares of Common Stock (other than a change in par value, or from par
         value to no par value, or from no par value to par value), or in the
         event of any consolidation or merger of the Company with or into
         another Person or any merger of another Person with or into the Company
         (other than a consolidation or merger in which the Company is the
         resulting or surviving Person and which does not result in any
         reclassification or change of outstanding Common Stock), or in the
         event of any sale or other disposition to another Person of all or
         substantially all of the assets of the Company (computed on a
         consolidated basis) (any of the foregoing, a "TRANSACTION"), each share
         of Preferred Stock then outstanding shall, without the consent of any
         holder of Preferred Stock, become convertible at any time, at the
         option of the holder thereof, only into the kind and amount of
         securities (of the Company or another issuer), cash and other property
         receivable upon such Transaction by a holder of the number of shares of
         Common Stock into which such shares of Preferred Stock could have been
         converted immediately prior to such Transaction, after giving effect to
         any adjustment event. The provisions of this Section 8(g) and any
         equivalent thereof in any such securities similarly shall apply to
         successive Transactions. The provisions of this Section 8(g) shall be
         the sole right of holders of Preferred Stock in connection with any
         Transaction and such holders shall have no separate vote thereon.

                  (h)      The Company shall at all times reserve and keep
         available for issuance upon the conversion of the Preferred Stock such
         number of its authorized but unissued shares of Common Stock as will
         from time to time be sufficient to permit the conversion of all
         outstanding shares of Preferred Stock, and shall take all action
         required to increase the authorized number of shares of Common Stock if
         at any time there shall be insufficient unissued shares of Common Stock
         to permit such reservation or to permit the conversion of all
         outstanding shares of Preferred Stock.

                  (i)      The issuance or delivery of certificates for Common
         Stock upon the conversion of shares of Preferred Stock shall be made
         without charge to the converting

                                       17

<PAGE>

         holder of shares of Preferred Stock for such certificates or for any
         tax in respect of the issuance or delivery of such certificates or the
         securities represented thereby, and such certificates shall be issued
         or delivered in the respective names of, or in such names as may be
         directed by, the holders of the shares of Preferred Stock converted;
         provided, however, that the Company shall not be required to pay any
         tax which may be payable in respect of any transfer involved in the
         issuance and delivery of any such certificate in a name other than that
         of the holder of the shares of Preferred Stock converted, and the
         Company shall not be required to issue or deliver such certificate
         unless or until the Person or Persons requesting the issuance or
         delivery thereof shall have paid to the Company the amount of such tax
         or shall have established to the reasonable satisfaction of the Company
         that such tax has been paid.

         9.       Mandatory Conversion.

                  (a)      At any time on or after September 30, 2005, the
         Company shall have the right, at its option, to cause the Preferred
         Stock, in whole but not in part, to be automatically converted into
         that number of whole shares of Common Stock for each share of Preferred
         Stock equal to the quotient of (i) the Liquidation Preference divided
         by (ii) the Conversion Price then in effect, with any resulting
         fractional shares of Common Stock to be settled in accordance with
         Section 8(f). The Company may exercise its right to cause a mandatory
         conversion pursuant to this Section 9(a) only if the closing price of
         the Common Stock equals or exceeds 140% of the Conversion Price then in
         effect for at least 20 trading days in any consecutive 30-day trading
         period on the NYSE (or such other national securities exchange or
         automated quotation system on which the Common Stock is then listed or
         authorized for quotation), including the last trading day of such
         30-day period, ending on the trading day prior to the Company's
         issuance of a press release announcing the mandatory conversion as
         described in Section 9(b).

                  (b)      To exercise the mandatory conversion right described
         in Section 9(a), the Company must issue a press release for publication
         on the Dow Jones News Service prior to the opening of business on the
         first trading day following any date on which the conditions described
         in Section 9(a) are met, announcing such a mandatory conversion. The
         Company shall also give notice by mail or by publication (with
         subsequent prompt notice by mail) to the holders of Preferred Stock
         (not more than four Business Days after the date of the press release)
         of the mandatory conversion announcing the Company's intention to
         convert the Preferred Stock. The conversion date will be a date
         selected by the Company (the "MANDATORY CONVERSION DATE") and will be
         no more than five days after the date on which the Company issues the
         press release described in this Section 9(b).

                  (c)      In addition to any information required by applicable
         law or regulation, the press release and notice of a mandatory
         conversion described in Section 9(b) shall state, as appropriate: (i)
         the Mandatory Conversion Date; (ii) the number of shares of Common
         Stock to be issued upon conversion of each share of Preferred Stock;
         (iii) the number of shares of Preferred Stock to be converted; and (iv)
         that dividends on the Preferred Stock to be converted will cease to
         accrue on the Mandatory Conversion Date.

                                       18

<PAGE>

                  (d)      On and after the Mandatory Conversion Date, dividends
         will cease to accrue on the Preferred Stock called for a mandatory
         conversion pursuant to Section 9(a) and all rights of holders of such
         Preferred Stock will terminate except for the right to receive the
         whole shares of Common Stock issuable upon conversion thereof and cash,
         in lieu of any fractional shares of Common Stock in accordance with
         Section 8(f). The dividend payment with respect to the Preferred Stock
         called for a mandatory conversion pursuant to Section 9(a) on a date
         during the period between the close of business on any Dividend Record
         Date to the close of business on the corresponding Dividend Payment
         Date will be payable on such Dividend Payment Date to the record holder
         of such share on such Dividend Record Date if such share has been
         converted after such Dividend Record Date and prior to such Dividend
         Payment Date. Except as provided in the immediately preceding sentence
         with respect to a mandatory conversion pursuant to Section 9(a), no
         payment or adjustment will be made upon conversion of Preferred Stock
         for Accrued Dividends or for dividends with respect to the Common Stock
         issued upon such conversion.

                  (e)      The Company may not authorize, issue a press release
         or give notice of any mandatory conversion pursuant to Section 9(a)
         unless, prior to giving the conversion notice, all Accumulated
         Dividends on the Preferred Stock for periods ended prior to the date of
         such conversion notice shall have been paid in cash.

                  (f)      In addition to the mandatory conversion right
         described in Section 9(a), if there are less than 250,000 shares of
         Preferred Stock outstanding, the Company shall have the right, at any
         time on or after September 30, 2007, at its option, to cause the
         Preferred Stock to be automatically converted into that number of whole
         shares of Common Stock equal to the quotient of (i) the Liquidation
         Preference divided by (ii) the lesser of (A) the Conversion Price then
         in effect and (B) the Market Value for the period ending on the second
         trading day immediately prior to the Mandatory Conversion Date, with
         any resulting fractional shares of Common Stock to be settled in cash
         in accordance with Section 8(f). The provisions of clauses (b), (c),
         (d) and (e) of this Section 9 shall apply to any mandatory conversion
         pursuant to this clause (f); provided that (i) the Mandatory Conversion
         Date described in Section 9(b) shall not be less than 15 days nor more
         than 30 days after the date on which the Company issues a press release
         pursuant to Section 9(b) announcing such mandatory conversion and (ii)
         the press release and notice of mandatory conversion described in
         Section 9(c) will not state the number of shares of Common Stock to be
         issued upon conversion of each share of Preferred Stock.

         10.      Consolidation, Merger and Sale of Assets.

                  (a)      The Company, without the consent of the holders of
         any of the outstanding Preferred Stock, may consolidate with or merge
         into any other Person or convey, transfer or lease all or substantially
         all its assets to any Person or may permit any Person to consolidate
         with or merge into, or transfer or lease all or substantially all its
         properties to, the Company; provided, however, that (a) the successor,
         transferee or lessee is organized under the laws of the United States
         or any political subdivision thereof; (b) the shares of Preferred Stock
         will become shares of such successor, transferee or lessee, having in
         respect of such successor, transferee or lessee the same powers,
         preferences and

                                       19

<PAGE>

         relative participating, optional or other special rights and the
         qualification, limitations or restrictions thereon, the Preferred Stock
         had immediately prior to such transaction; and (c) the Company delivers
         to the Transfer Agent an Officers' Certificate and an Opinion of
         Counsel stating that such transaction complies with this Certificate of
         Designation.

                  (b)      Upon any consolidation by the Company with, or merger
         by the Company into, any other person or any conveyance, transfer or
         lease of all or substantially all the assets of the Company as
         described in Section 10(a), the successor resulting from such
         consolidation or into which the Company is merged or the transferee or
         lessee to which such conveyance, transfer or lease is made, will
         succeed to, and be substituted for, and may exercise every right and
         power of, the Company under the shares of Preferred Stock, and
         thereafter, except in the case of a lease, the predecessor (if still in
         existence) will be released from its obligations and covenants with
         respect to the Preferred Stock.

         11.      SEC Reports.

         Whether or not the Company is required to file reports with the
Commission, if any shares of Preferred Stock are outstanding, the Company shall
file with the Commission all such reports and other information as it would be
required to file with the Commission by Section 13(a) or 15(d) under the
Exchange Act. The Company shall supply each holder of Preferred Stock, upon
request, without cost to such holder, copies of such reports or other
information.

         12.      Transfer Restrictions. The shares of Preferred Stock have not
been registered under the Securities Act and, accordingly, may not be offered,
sold, pledged or otherwise transferred except (1) to a Person whom the seller
reasonably believes is a qualified institutional buyer within the meaning of
Rule 144A under the Securities Act purchasing for its own account or for the
account of a qualified institutional buyer in a transaction meeting the
requirements of Rule 144A, (2) in a transaction meeting the requirements of Rule
144 under the Securities Act, (3) in accordance with another exemption from the
registration requirements of the Securities Act (and based upon opinion of
counsel acceptable to the Company), (4) to the Company or any of its
subsidiaries, or (5) pursuant to an effective registration statement under the
Securities Act, and in each case, in accordance with all applicable securities
laws of any State of the United States. The Transfer Agent shall refuse to
register the transfer of any shares of Preferred Stock that violates this
Section 12.

         13.      Other Provisions.

                  (a)      With respect to any notice to a holder of shares of
         Preferred Stock required to be provided hereunder, neither failure to
         mail such notice, nor any defect therein or in the mailing thereof, to
         any particular holder shall affect the sufficiency of the notice or the
         validity of the proceedings referred to in such notice with respect to
         the other holders or affect the legality or validity of any
         distribution, rights, warrant, reclassification, consolidation, merger,
         conveyance, transfer, dissolution, liquidation or winding-up, or the
         vote upon any such action. Any notice which was mailed in the manner
         herein provided shall be conclusively presumed to have been duly given
         whether or not the holder receives the notice.

                                       20

<PAGE>

                  (b)      Shares of Preferred Stock issued and reacquired will
         be retired and canceled promptly after reacquisition thereof and, upon
         compliance with the applicable requirements of Delaware law, have the
         status of authorized but unissued shares of preferred stock of the
         Company undesignated as to series and may with any and all other
         authorized but unissued shares of preferred stock of the Company be
         designated or redesignated and issued or reissued, as the case may be,
         as part of any series of preferred stock of the Company, except that
         any issuance or reissuance of shares of Preferred Stock must be in
         compliance with this Certificate of Designation.

                  (c)      The shares of Preferred Stock shall be issuable only
         in whole shares.

                  (d)      All notice periods referred to herein shall commence
         on the date of the mailing of the applicable notice.

                                      * * *

                                       21

<PAGE>

         IN WITNESS WHEREOF, the Company has caused this certificate to be
signed and attested this 17th day of September, 2003.

                                    RANGE RESOURCES CORPORATION

                                    By: /s/ JOHN H. PINKERTON
                                       ----------------------------------------
                                        John H. Pinkerton
                                        President and Chief Executive Officer

<PAGE>

                                                                       EXHIBIT A

                              NOTICE OF CONVERSION

                          (To be Executed by the Holder
                    in order to Convert the Preferred Stock)

The undersigned hereby irrevocably elects to convert (the "CONVERSION") shares
of 5.90% Cumulative Convertible Preferred Stock (the "PREFERRED STOCK"),
represented by stock certificate No(s) ________________. (the "PREFERRED STOCK
CERTIFICATES") into shares of common stock ("COMMON STOCK") of Range Resources
Corporation (the "COMPANY") according to the conditions of the Certificate of
Designation of the Preferred Stock (the "CERTIFICATE OF DESIGNATION"), as of the
date written below. If shares are to be issued in the name of a person other
than the undersigned, the undersigned will pay all transfer taxes payable with
respect thereto and is delivering herewith the Preferred Stock Certificates. No
fee will be charged to the holder for any conversion, except for transfer taxes,
if any. A copy of each Preferred Stock Certificate is attached hereto (or
evidence of loss, theft or destruction thereof).

The undersigned represents and warrants that all offers and sales by the
undersigned of the shares of Common Stock issuable to the undersigned upon
conversion of the Preferred Stock shall be made pursuant to registration of the
Common Stock under the Securities Act of 1933 (the "ACT"), or pursuant to any
exemption from registration under the Act.

Capitalized terms used but not defined herein shall have the meanings ascribed
thereto in or pursuant to the Certificate of Designation.

                   Date of Conversion: _________________________________________

                   Applicable Conversion Price: ________________________________

                   Number of shares of Preferred Stock to be Converted:_________

                   Number of shares of Common Stock to be Issued:(*)____________

                   Signature:___________________________________________________

                   Name: _______________________________________________________

                   Address:(**)_________________________________________________

                   Fax No.:_____________________________________________________
------------
* The Company is not required to issue shares of Common Stock until the original
Preferred Stock Certificate(s) (or evidence of loss, theft or destruction
thereof) to be converted are received by the Company or its Transfer Agent. The
Company shall issue and deliver shares of Common Stock to an overnight courier
not later than three business days following receipt of the original Preferred
Stock Certificate(s) to be converted.

** Address where shares of Common Stock and any other payments or certificates
shall be sent by the Company.

                                      A-1
<PAGE>

                                                                       EXHIBIT B

                    CERTIFICATE TO BE DELIVERED UPON EXCHANGE
                 OR REGISTRATION OF TRANSFER OF PREFERRED STOCK

Re:      5.90% Cumulative Convertible Preferred Stock (the "PREFERRED STOCK") of
         Range Resources Corporation (the "COMPANY")

         This Certificate relates to ____ shares of Preferred Stock held in |-|
*/ book-entry or |-| */ definitive form by _______________ (the "TRANSFEROR").

         The Transferor:

         [-] has requested the Transfer Agent by written order to deliver in
exchange for its beneficial interest in the Preferred Stock held by the
Depository shares of Preferred Stock in definitive, registered form equal to its
beneficial interest in such Preferred Stock (or the portion thereof indicated
above); or

         [-] has requested the Transfer Agent by written order to exchange or
register the transfer of Preferred Stock.

         In connection with such request and in respect of such Preferred Stock,
the Transferor does hereby certify that the Transferor is familiar with the
Certificate of Designation relating to the above-captioned Preferred Stock and
that the transfer of this Preferred Stock does not require registration under
the Securities Act of 1933 (the "SECURITIES ACT") because */:

         [-] Such Preferred Stock is being acquired for the Transferor's own
account without transfer.

         [-] Such Preferred Stock is being transferred to the Company.

         [-] Such Preferred Stock is being transferred to a qualified
institutional buyer (as defined in Rule 144A under the Securities Act), in
reliance on Rule 144A.

------------------------
* /Please check applicable box.

         [-] Such Preferred Stock is being transferred in reliance on and in
compliance with another exemption from the registration requirements of the
Securities Act (and based on an Opinion of Counsel if the Company so requests).

                                     [INSERT NAME OF TRANSFEROR]

                                      by ____________________________________

Date:_________________

                                       B-1<PAGE>

                                                                 EXHIBIT 10.1.2

            FIFTH AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT

         THIS FIFTH AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT
(hereinafter referred to as the "Amendment") executed as of the 4th day of
September, 2003, by and among RANGE RESOURCES CORPORATION, a Delaware
corporation ("Borrower"), BANK ONE, NA, a national banking association ("Bank
One"), each of the financial institutions which is a party hereto (as evidenced
by the signature pages to this Amendment) or which may from time to time become
a party hereto pursuant to the provisions of Section 29 of the Credit Agreement
or any successor or assignee thereof (hereinafter collectively referred to as
"Lenders", and individually, "Lender"), Bank One, as Administrative Agent
("Agent"), Fleet National Bank, as Co-Documentation Agent, Fortis Capital Corp.,
as Co-Documentation Agent, JPMorgan Chase Bank, as Co-Syndication Agent, Credit
Lyonnais New York Branch, as Co-Syndication Agent, Banc One Capital Markets,
Inc., as Joint Lead Arranger and Joint Bookrunner and JPMorgan Securities, Inc.,
as Joint Lead Arranger and Joint Bookrunner. Capitalized terms used but not
defined in this Amendment have the meanings assigned to such terms in that
certain Amended and Restated Credit Agreement dated as of May 2, 2002, by and
among Borrower, Agent and Lenders (as amended, supplemented or otherwise
modified from time to time, the "Credit Agreement").

                                   WITNESSETH:

         WHEREAS, the Borrower has advised Agent and the Lenders that it intends
to consummate an additional offering of convertible debt or equity securities
and that such securities will be exchanged for, or the proceeds of such
securities will be used to redeem the Trust Convertible Preferred Securities and
to provide working capital for Borrower (the "Securities Offering"); and

         WHEREAS, certain provisions of the Credit Agreement prohibit the
Borrower from consummating the Securities Offering without the express written
consent of Agent and the Super Majority Lenders; and

i         WHEREAS, the Borrower has requested the Agent and the Lenders to (i)
consent to the consummation of the Securities Offering and waive any Default or
Event of Default arising as a result thereof; and (ii) amend the Credit
Agreement in certain respects; and Agent and the Lenders have agreed to do so on
the terms and conditions hereinafter set forth.

         NOW, THEREFORE, for and in consideration of the mutual covenants and
agreements herein contained and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged and confessed, the
Borrower, Agent and the Lenders, hereby agree as follows:

SECTION 1. AMENDMENTS TO CREDIT AGREEMENT. Subject to the satisfaction or waiver
in writing of each condition precedent set forth in Section 3 hereof, and in
reliance on the

<PAGE>

representations, warranties, covenants and agreements contained in this
Amendment, the Credit Agreement shall be amended in the manner provided in this
Section 1.

         1.1      ADDITIONAL DEFINITIONS. Section 1 of the Credit Agreement
shall be and it hereby is amended by adding the following definitions in
alphabetical order to such section:

         August Refinancing Securities is used herein as defined in Section
13(h)(viii) hereof.

         Fifth Amendment to Credit Agreement means that certain Fifth Amendment
to Amended and Restated Credit Agreement, dated September 4, 2003, by and among
the Borrower, Agent and the Lenders.

         Permitted Preferred Stock means any and all shares, interests,
participations or other equivalents of capital stock of Borrower that are
designated as preferred stock and issued during the period from September 1,
2003 to September 30, 2003; provided that (i) the issue price of all such
preferred stock together with the principal amount of all Refinancing
Indebtedness issued pursuant to clause (viii) of Section 13(h) hereof during
such period does not exceed $60,000,000 in the aggregate, (ii) such preferred
stock is exchanged for, or the Refinancing Net Proceeds of such preferred stock
are applied to the redemption or refinancing of, other Junior Securities in
accordance with clause (iii) of Section 13(i) and clause (viii) of Section 13(h)
hereof as if such preferred stock were Refinancing Indebtedness, and (iii) such
preferred stock, by its terms (or by the terms of any security into which it is
convertible or for which it is exchangeable), or upon the happening of any
event, (A) does not mature or is not mandatorily redeemable, pursuant to a
sinking fund obligation or otherwise, or is not redeemable at the sole option of
the holder thereof, in whole or in part, on or prior to September 1, 2013, and
(B) does not require the payment of a cash dividend in excess of 6 1/4 % per
annum on the issuance price thereof.

         September Refinancing Securities is used herein as defined in Section
13(h)(viii) hereof.

         1.2      AMENDED DEFINITION. Each of the following definitions in
Section 1 of the Credit Agreement shall be amended as follows:

         Refinancing Net Proceeds means an amount equal to the proceeds of the
issuance of the Refinancing Securities less any and all transaction costs and
expenses incurred by Borrower in connection therewith, regardless of whether all
or any portion of such proceeds are applied to prepay the outstanding principal
balance of the Notes and accrued interest thereon prior to the application of
such proceeds to, or the exchange of Refinancing Securities for, indebtedness or
capital stock evidenced by the Junior Securities pursuant to clause (viii) of
Section 13(h) and clause (iii) of Section 13(i).

         Refinancing Securities means the notes, instruments, and securities
evidencing the Refinancing Indebtedness and the Permitted Preferred Stock.

         1.3      AMENDMENT TO FINANCIAL STATEMENTS AND REPORTS. Clause (ii) of
Section 12(a) of the Credit Agreement shall be and it hereby is amended in its
entirety to read as follows:

<PAGE>

         (ii)     Quarterly Financial Statements. As soon as available, and in
any event within forty-five (45) days after the end of each fiscal quarter of
each year, the quarterly unaudited, (i) consolidated and consolidating Financial
Statements of Borrower and each Guarantor, and (ii) the unconsolidated quarterly
Financial Statements of Borrower, all such Financial Statements to be prepared
in accordance with GAAP, together with a report demonstrating, in reasonable
detail, the use of the Refinancing Net Proceeds and Permitted Preferred Stock
during such fiscal quarter, including, without limitation, (w) the initial
amount of the Refinancing Net Proceeds immediately following the issuance of the
Refinancing Securities and prior to the exchange of such Refinancing Securities
for, or application of any such Refinancing Net Proceeds to, any indebtedness of
the Borrower, (x) the amount of the Refinancing Net Proceeds used to refinance,
repay, defease or redeem Junior Securities pursuant to and as permitted under
clause (viii) of Section 13(h) and clauses (iii) and (iv) of Section 13(i)
during such fiscal quarter and cumulatively since the issuance of the
Refinancing Securities, (y) the amount of Refinancing Securities issued in
exchange for other Junior Securities during such fiscal quarter and cumulatively
since the issuance of the Refinancing Securities and (z) the amount of
Refinancing Net Proceeds and Permitted Preferred Stock remaining as of the end
of such fiscal quarter after giving effect to any Refinancing Securities
exchanged for any other Junior Securities.

         1.4      AMENDMENT TO DEBTS, GUARANTIES AND OTHER OBLIGATIONS. Clause
(viii) of Section 13(h) of the Credit Agreement shall be and it hereby is
amended in its entirety to read as follows:

         (viii)   the incurrence by Borrower, (1) between July 15, 2003 and
August 31, 2003, of unsecured indebtedness in an aggregate principal amount not
to exceed $100,000,000 (the "August Refinancing Securities") and (2) between
September 1, 2003 and September 30, 2003, of unsecured indebtedness that
together with any Permitted Preferred Stock issued during such period does not
exceed $60,000,000 (the "September Refinancing Securities"); provided that with
respect to the foregoing subclauses (1) and (2) (A) no Default or Event of
Default has occurred and is continuing or would result therefrom, (B) such
indebtedness is subordinated in right of payment to the indebtedness,
liabilities and obligations evidenced by the Notes, the Agreement and the other
Loan Documents, (C) the stated maturity date with respect to such indebtedness
is not earlier than (x) January 1, 2010, with respect to the August Refinancing
Securities and (y) September 1, 2013 with respect to the September Refinancing
Securities, (D) the annual interest rate with respect to such indebtedness is
fixed at a rate that is less than or equal to (x) 8.5% per annum with respect to
the August Refinancing Securities and (y) 6 1/4% per annum with respect to the
September Refinancing Securities, and, with respect to the foregoing subclause
(x) and (y) is payable no more frequently than quarterly; (E) the Refinancing
Net Proceeds are used to refinance or defease all of the issued and outstanding
8.75% Senior Subordinated Notes not later than sixty (60) days after the first
incurrence of such indebtedness; and (F) all of the Refinancing Net Proceeds in
excess of the amount necessary to refinance or defease all of the issued and
outstanding 8.75% Senior Subordinated Notes (less the amount, upon issuance, of
any Refinancing Securities issued in exchange for the Convertible Subordinated
Debentures or the Trust Convertible Preferred Securities) are used to either (x)
refinance, repay, defease, or redeem the Trust Convertible Preferred Securities
and so long as

<PAGE>

no Trust Convertible Preferred Securities are then outstanding to refinance,
repay, defease or redeem the Convertible Subordinated Debentures or the August
Refinancing Securities, or (y) prepay, without premium or penalty, the
outstanding principal amount of the Notes and accrued interest thereon to the
date of prepayment; or

         1.5      AMENDMENT TO RESTRICTED PAYMENTS. Clause (iii) of Section
13(i) of the Credit Agreement shall be and it hereby is amended in its entirety
to read as follows:

         (iii)    the redemption or defeasance of the 8.75% Senior Subordinated
Notes, the Convertible Subordinated Debentures and the Trust Convertible
Preferred Securities with Refinancing Net Proceeds in accordance with and to the
extent permitted by clause (viii) of Section 13(h) hereof, the exchange of
Refinancing Securities for the Trust Convertible Preferred Securities and so
long as no Trust Convertible Preferred Securities are outstanding, the exchange
of Refinancing Securities for the Convertible Subordinated Debentures or the
August Refinancing Securities; provided that no Default or Event of Default has
occurred and is continuing or would result therefrom; or

         1.6      AMENDMENT TO ISSUANCE OF PREFERRED STOCK. Section 13(p) of the
Credit Agreement shall be and it hereby is amended in its entirety to read as
follows:

         (p)      Issuance of Preferred Stock. Except for the Permitted
Preferred Stock or as otherwise permitted with the prior written consent of the
Super Majority Lenders, Borrower shall not issue any Disqualified Stock after
the Effective Date.

         1.7      REAFFIRMATION OF BORROWING BASE AND ADJUSTMENT WAIVER. As of
the date hereof, the Borrowing Base is $170,000,000 and the waiver set forth in
Section 1.8 of the Fourth Amendment to Credit Agreement shall apply to any
redemption of any Junior Securities with the proceeds of any Refinancing
Securities issued after the date hereof.

         1.8      WORK FEE. Each Lender executing and delivering this Amendment
to Agent on or before 5:00 p.m. (Chicago time) on Thursday, September 4, 2003,
shall be deemed to have earned a work fee of $5,000 upon the date of the first
issuance of any September Refinancing Securities and such fee shall be due and
payable on such date; provided, that if no September Refinancing Securities are
ever issued, no Lender shall be deemed to have earned a work fee with respect to
the execution and delivery of this Amendment.

SECTION 2. CONSENT AND WAIVER. In reliance on the representations, warranties,
covenants and agreements contained in this Amendment, and subject to the
satisfaction of the conditions precedent set forth in Section 4 hereof, the
Required Lenders hereby (a) consent to (i) the consummation of the Securities
Offering in accordance with the terms and conditions of the Credit Agreement, as
amended hereby, and (ii) the execution and delivery by Borrower of any and all
agreements, documents and instruments necessary to evidence the Securities
Offering (the "Securities Offering Documents"), and the performance of its
obligations and the exercise of its rights under and pursuant thereto, and (b)
waive compliance by Borrower with each provision of the Credit Agreement and the
other Loan Documents to the extent, but only to the extent, that

<PAGE>

the consummation of the Securities Offering and the execution and delivery of
the Securities Offering Documents by Borrower, and the performance of its
obligations and the exercise of its rights under and pursuant thereto, violate
such provisions or result in a Default or Event of Default under the Credit
Agreement or the other Loan Documents. The consent and waiver herein contained
is expressly limited as follows: (x) such consent and waiver is limited solely
to the consummation of the Securities Offering in accordance with the terms of
the Credit Agreement, as amended hereby, and (y) such consent and waiver is a
limited, one-time consent and waiver, and nothing contained herein shall
obligate the Lenders to grant any additional or future consent or waiver with
respect to, or in connection with, any provision of any Loan Document.

SECTION 3. REAFFIRMATION OF REPRESENTATIONS AND WARRANTIES. Except to the extent
its provisions are specifically amended, modified or superseded by this
Amendment, the representations, warranties and affirmative and negative
covenants of the Borrower contained in the Credit Agreement are incorporated
herein by reference for all purposes as if copied herein in full. The Borrower
hereby restates and reaffirms each and every term and provision of the Credit
Agreement, as amended, including, without limitation, all representations,
warranties and affirmative and negative covenants. Except to the extent its
provisions are specifically amended, modified or superseded by this Amendment,
the Credit Agreement, as amended, and all terms and provisions thereof shall
remain in full force and effect, and the same in all respects are confirmed and
approved by the Borrower and the Lenders.

SECTION 4. CONDITIONS. The amendments to the Credit Agreement contained in
Section 1 of this Amendment shall be effective upon the satisfaction of each of
the conditions set forth in this Section 3.

         4.1      EXECUTION AND DELIVERY. The Borrower and each Guarantor shall
have executed and delivered this Amendment, and other required documents, all in
form and substance satisfactory to the Agent;

         4.2      REPRESENTATIONS AND WARRANTIES. The representations and
warranties of the Borrower under this Amendment are true and correct in all
material respects as of such date, as if then made (except to the extent that
such representations and warranties related solely to an earlier date);

         4.3      NO EVENT OF DEFAULT. No Event of Default shall have occurred
and be continuing nor shall any event have occurred or failed to occur which,
with the passage of time or service of notice, or both, would constitute an
Event of Default;

         4.4      OTHER DOCUMENTS. The Agent shall have received such other
instruments and documents incidental and appropriate to the transaction provided
for herein as the Agent or its counsel may reasonably request, and all such
documents shall be in form and substance satisfactory to the Agent;

<PAGE>

         4.5      LEGAL MATTERS SATISFACTORY. All legal matters incident to the
consummation of the transactions contemplated hereby shall be reasonably
satisfactory to special counsel for the Agent retained at the expense of
Borrower.

SECTION 5. MISCELLANEOUS.

         5.1      ADDITIONAL REPRESENTATIONS AND WARRANTIES. Borrower hereby
represents and warrants that all factual information, if any, heretofore and
contemporaneously furnished by or on behalf of Borrower to Agent for purposes of
or in connection with this Amendment does not contain any untrue statement of a
material fact or omit to state any material fact necessary to keep the
statements contained herein or therein from being misleading. Each of the
foregoing representations and warranties shall constitute a representation and
warranty of Borrower made under the Credit Agreement, and it shall be an Event
of Default if any such representation and warranty shall prove to have been
incorrect or false in any material respect at the time given. Each of the
representations and warranties made under the Credit Agreement (including those
made herein) shall survive and not be waived by the execution and delivery of
this Amendment or any investigation by Lenders.

         5.2      INDEMNIFICATION. The Borrower agrees to indemnify and hold
harmless the Lenders and their respective officers, employees, agents, attorneys
and representatives (singularly, an "Indemnified Party", and collectively, the
"Indemnified Parties") from and against any loss, cost, liability, damage or
expense (including the reasonable fees and out-of-pocket expenses of counsel to
the Lender, including all local counsel hired by such counsel) ("Claim")
incurred by the Lenders in investigating or preparing for, defending against, or
providing evidence, producing documents or taking any other action in respect of
any commenced or threatened litigation, administrative proceeding or
investigation under any federal securities law, federal or state environmental
law, or any other statute of any jurisdiction, or any regulation, or at common
law or otherwise, which is alleged to arise out of or is based upon any acts,
practices or omissions or alleged acts, practices or omissions of the Borrower
or its agents or arises in connection with the duties, obligations or
performance of the Indemnified Parties in negotiating, preparing, executing,
accepting, keeping, completing, countersigning, issuing, selling, delivering,
releasing, assigning, handling, certifying, processing or receiving or taking
any other action with respect to the Loan Documents and all documents, items and
materials contemplated thereby even if any of the foregoing arises out of an
Indemnified Party's ordinary negligence. The indemnity set forth herein shall be
in addition to any other obligations or liabilities of the Borrower to the
Lenders hereunder or at common law or otherwise, and shall survive any
termination of this Amendment, the expiration of the Loan and the payment of all
indebtedness of the Borrower to the Lenders hereunder and under the Notes,
provided that the Borrower shall have no obligation under this section to the
Lenders with respect to any of the foregoing arising out of the gross negligence
or willful misconduct of the Lenders. If any Claim is asserted against any
Indemnified Party, the Indemnified Party shall endeavor to notify the Borrower
of such Claim (but failure to do so shall not affect the indemnification herein
made except to the extent of the actual harm caused by such failure). The
Indemnified Party shall have the right to employ, at the Borrower's expense,
counsel of the Indemnified Parties' choosing and to control the defense of the
Claim. The Borrower may at its own expense also participate in the

<PAGE>

defense of any Claim. Each Indemnified Party may employ separate counsel in
connection with any Claim to the extent such Indemnified Party believes it
reasonably prudent to protect such Indemnified Party. THE PARTIES INTEND FOR THE
PROVISIONS OF THIS SECTION TO APPLY TO AND PROTECT EACH INDEMNIFIED PARTY FROM
THE CONSEQUENCES OF STRICT LIABILITY IMPOSED OR THREATENED TO BE IMPOSED ON ANY
INDEMNIFIED PARTY AS WELL AS FROM THE CONSEQUENCES OF ITS OWN NEGLIGENCE,
WHETHER OR NOT THAT NEGLIGENCE IS THE SOLE, CONTRIBUTING, OR CONCURRING CAUSE OF
ANY CLAIM, BUT NOT FROM ANY PORTION OF SUCH CLAIM ARISING FROM THE GROSS
NEGLIGENCE OR WILLFUL MISCONDUCT OF ANY INDEMNIFIED PARTY.

         5.3      COUNTERPARTS. This Amendment may be executed in any number of
counterparts and all of such counterparts taken together shall be deemed to
constitute one and the same instrument. Signature pages delivered by facsimile
shall be effective as originals.

         5.4      WRITTEN CREDIT AGREEMENT. THE CREDIT AGREEMENT, AS AMENDED,
REPRESENTS THE FINAL AGREEMENT BETWEEN AND AMONG THE PARTIES AND MAY NOT BE
CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS
OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN AND AMONG THE
PARTIES.

         5.5      NO IMPAIRMENT. Borrower acknowledges and agrees that the
renewal, extension and amendment of the Credit Agreement shall not be considered
a novation of account or new contract but that all existing rights, titles,
powers, and estates in favor of the Lenders constitute valid and existing
obligations in favor of the Lenders. Borrower confirms and agree that (a)
neither the execution of this Amendment nor any other Loan Document nor the
consummation of the transactions described herein and therein shall in any way
effect, impair or limit the covenants, liabilities, obligations and duties of
the Borrower under the Loan Documents and (b) the obligations evidenced and
secured by the Loan Documents continue in full force and effect.

                            [SIGNATURE PAGES FOLLOW]
<PAGE>

         IN WITNESS WHEREOF, the parties have caused this Fifth Amendment to
Credit Agreement to be duly executed as of the date first above written.

                                     BORROWER:

                                     RANGE RESOURCES CORPORATION
                                     a Delaware corporation

                                     By:________________________________________
                                     Name:______________________________________
                                     Title:_____________________________________

<PAGE>

                                    LENDERS:

                                    BANK ONE, NA, a national
                                    banking association (Main
                                    Office Chicago) as a Lender
                                    and Administrative Agent

                                    By:_________________________________________
                                    Name:    Wm. Mark Cranmer
                                    Title:   Director, Capital Markets

<PAGE>

                                    BANK OF SCOTLAND

                                    By:_________________________________________
                                    Name:______________________________________
                                    Title:______________________________________

<PAGE>

                                    JPMORGAN CHASE BANK

                                    By:_________________________________________
                                    Name:_______________________________________
                                    Title:______________________________________

<PAGE>

                                    COMPASS BANK

                                    By:_________________________________________
                                    Name:_______________________________________
                                    Title:______________________________________

<PAGE>

                                    CREDIT LYONNAIS NEW YORK BRANCH

                                    By: ________________________________________
                                    Name:_______________________________________
                                    Title:______________________________________

<PAGE>

                                    FLEET NATIONAL BANK

                                    By:_________________________________________
                                    Name:_______________________________________
                                    Title______________________________________

<PAGE>

                                    FORTIS CAPITAL CORP.

                                    By:_________________________________________
                                    Name:_______________________________________
                                    Title:______________________________________

                                    By:_________________________________________
                                    Name:_______________________________________
                                    Title:______________________________________

<PAGE>

                                    NATEXIS BANQUES POPULAIRES

                                    By:_________________________________________
                                    Name:_______________________________________
                                    Title:______________________________________

                                    By:_________________________________________
                                    Name:_______________________________________
                                    Title:______________________________________

<PAGE>

                                    COMERICA BANK
                                    (successor by merger with
                                    Comerica Bank-Texas)

                                    By:_________________________________________
                                    Name:_______________________________________
                                    Title:______________________________________

<PAGE>

                            CONSENT AND REAFFIRMATION

         The undersigned (each a "Guarantor") hereby (i) acknowledges receipt of
a copy of the foregoing Fifth Amendment to Amended and Restated Credit Agreement
(the "Fourth Amendment"); (ii) consents to Borrower's execution and delivery
thereof; (iii) agrees to be bound thereby; (iv) affirms that nothing contained
therein shall modify in any respect whatsoever its guaranty of the obligations
of the Borrower to Lenders pursuant to the terms of its Guaranty in favor of
Agent and the Lenders (the "Guaranty") and (v) reaffirms that the Guaranty is
and shall continue to remain in full force and effect. Although Guarantor has
been informed of the matters set forth herein and has acknowledged and agreed to
same, Guarantor understands that the Lenders have no obligation to inform
Guarantor of such matters in the future or to seek Guarantor's acknowledgment or
agreement to future amendments or waivers, and nothing herein shall create such
duty.

         IN WITNESS WHEREOF, the undersigned has executed this Consent and
Reaffirmation on and as of the date of the Fifth Amendment.

                                    GUARANTORS:

                                    RANGE ENERGY I, INC.
                                    a Delaware corporation

                                    By:_________________________________________
                                    Name:_______________________________________
                                    Title:______________________________________

                                    RANGE HOLDCO, INC.
                                    a Delaware corporation

                                    By:_________________________________________
                                    Name:_______________________________________
                                    Title:______________________________________

                                    RANGE PRODUCTION COMPANY
                                    a Delaware corporation

                                    By: ________________________________________
                                    Name:_______________________________________
                                    Title:______________________________________

<PAGE>

                                    RANGE ENERGY VENTURES
                                    CORPORATION, a Delaware corporation

                                    By:_________________________________________
                                    Name:_______________________________________
                                    Title:______________________________________

                                    GULFSTAR ENERGY, INC.
                                    a Delaware corporation

                                    By:_________________________________________
                                    Name:_______________________________________
                                    Title:______________________________________

                                    RANGE ENERGY FINANCE CORPORATION
                                    a Delaware corporation

                                    By:_________________________________________
                                    Name:_______________________________________
                                    Title:______________________________________

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00057-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00057-of-00352.parquet"}]]