Document:

Commitment Increase Agreement and Amendment No. 2 Dated as of January 23, 2008

 Exhibit 10.16 
 COMMITMENT INCREASE AGREEMENT AND AMENDMENT NO. 2 
 This Commitment Increase Agreement and
Amendment No. 2 (“Agreement”) dated as of January 23, 2008 (“Effective Date”) is by and among Continental Resources, Inc., an Oklahoma corporation (“Borrower”), each of the undersigned
Lenders (collectively, the “Affected Lenders”), and Union Bank of California, N.A., as Administrative Agent and as Issuing Lender (as each such terms are defined below). 
  

	A.	Reference is made to the Sixth Amended and Restated Credit Agreement dated as of April 12, 2006 (as the same has been and may be further amended or modified from time to time,
the “Credit Agreement”), among the Borrower, the lenders party thereto (the “Lenders”), Union Bank of California, N.A., as administrative agent for such Lenders (the “Administrative Agent”) and as
the issuing lender (the “Issuing Lender”). All capitalized terms used herein and not otherwise defined shall have the meanings given such terms in the Credit Agreement. 

  

	B.	Pursuant to Section 2.04(b) of the Credit Agreement, the Borrower has the right, subject to the terms and conditions thereof, to increase the aggregate Commitments by allowing
one or more Lenders to increase their respective Commitment. 

  

	C.	The Borrower has given notice to the Administrative Agent and the Lenders of its intention, pursuant to such Section 2.04(b) of the Credit Agreement and with the agreement of
the Affected Lenders, to increase the aggregate Commitments from $300,000,000 to $400,000,000. 

 Accordingly, the parties
hereto agree as follows: 
 Section 13. Defined Terms. As used in this Agreement, each of the terms defined in the opening
paragraph and the Recitals above shall have the meanings herein assigned. Each term defined in the Credit Agreement and used herein without definition shall have the meaning assigned to such term in the Credit Agreement, unless expressly provided to
the contrary. 
 Section 14. Other Definitional Provisions. Article, Section, Schedule, and Exhibit references are to
Articles and Sections of and Schedules and Exhibits to this Agreement, unless otherwise specified. All references to instruments, documents, contracts, and agreements are references to such instruments, documents, contracts, and agreements as the
same may be amended, supplemented, and otherwise modified from time to time, unless otherwise specified. The words “hereof”, “herein”, and “hereunder” and words of similar import when used in this Agreement shall refer
to this Agreement as a whole and not to any particular provision of this Agreement. The term “including” means “including, without limitation,”. Paragraph headings have been inserted in this Agreement as a matter of convenience
for reference only and it is agreed that such paragraph headings are not a part of this Agreement and shall not be used in the interpretation of any provision of this Agreement. 
 Section 15. Increase of Commitment; Amendment to Credit Agreement. Pursuant to Section 2.04(b) of the Credit Agreement, the
amount of the aggregate Commitments is hereby increased from $300,000,000 to $400,000,000. After giving effect to this Agreement, each of the Affected Lender’s respective Commitments shall increase by the amount set forth next to its name on
Schedule I attached hereto. After giving effect to this Agreement, Schedule II attached to the Credit Agreement is hereby replaced in its entirety with the Schedule II attached to this Agreement which reflects the increased Commitments of the
Affected Lenders. 
 Section 16. Affected Lenders. Each of the Affected Lenders (i) confirms that it has received a
copy of the Credit Agreement, together with copies of the financial statements referred to in Section 5.06 thereof and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into
this Agreement, (ii) agrees that it will, independently and without reliance upon any Administrative Agent or any other Lender and based on such documents and information at it shall deem appropriate at the time, continue to make its own credit
decisions in taking or not taking action under the Loan Documents, (iii) appoints and authorizes the Administrative Agents to take such action as agents on its behalf and to exercise such powers under the Loan Documents as are delegated to the
such Administrative Agents by the terms thereof, together with such powers as are reasonably incidental thereto, (iv) represents that the execution and delivery of this Agreement by such Affected Lender is duly authorized, and (v) agrees
that it will perform in accordance with their terms all of the obligations which by the terms of the Loan Documents are required to be performed by it as a Lender. 
 Section 17. Borrower Representations and Warranties. The Borrower represents and warrants that: (a) the representations and warranties contained in the Credit Agreement and the representations
and warranties contained in the other Loan Documents, are true and correct in all material respects on and as of the Effective Date as if made on as and as of such date except to the extent that any such representation or warranty expressly relates
solely to an earlier date, in which case such representation or warranty is true and correct in all material respects as of such earlier date; (b) no Default has occurred and is continuing; (c) the execution, delivery and performance of
this Agreement are within the corporate power and authority of the Borrower and have been duly authorized by appropriate corporate and governing action and proceedings; (d) this Agreement constitutes the legal, valid, and binding obligation of
the Borrower enforceable in accordance with its terms, except as limited by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting the rights of creditors generally and general principles of equity; (e) there
are no governmental or other third party consents, licenses and approvals required in connection with the execution, delivery, performance, validity and enforceability of this Agreement; and (f) the Liens under the Security Instruments are
valid and subsisting and secure Borrower’s obligations under the Loan Documents. 

 Section 18. Reaffirmation of Guaranty. Each Guarantor hereby ratifies, confirms, and
acknowledges that its obligations under the Guaranty Agreement are in full force and effect and that each Guarantor continues to unconditionally and irrevocably, jointly and severally, guarantee the full and punctual payment, when due, whether at
stated maturity or earlier by acceleration or otherwise, all of the Obligations (subject to the terms of the Guaranty Agreement), as such Obligations may have been amended by this Agreement. Each Guarantor hereby acknowledges that its execution and
delivery of this Agreement does not indicate or establish an approval or consent requirement by the Guarantors under the Guaranty Agreement in connection with the execution and delivery of amendments to the Credit Agreement, the Notes or any of the
other Loan Documents. 
 Section 19. Conditions to Effectiveness. This Agreement and the increase in the Commitments
provided herein shall become effective on the Effective Date and enforceable against the Borrower, the Lenders, the Administrative Agent and the Issuing Lender upon the occurrence of the following conditions precedent: 
 (f) The Administrative Agent shall have received multiple original counterparts, as requested by the Administrative Agent, of this Agreement duly and
validly executed and delivered by duly authorized officers of the Borrower, the Guarantors, the Administrative Agent, the Issuing Lender and the Affected Lenders. 
 (g) The Administrative Agent shall have received executed original Notes from the Borrower made payable to the Affected Lenders in the amount of such Affected Lenders’ new Commitments, after giving effect to the
increases effected hereby. 
 (h) The Administrative Agent shall have received a certificate of the Borrower dated as of the Effective Date
signed by a Responsible Officer of the Borrower (i) certifying and attaching the resolutions adopted by the Borrower approving or consenting to the increase in Commitments effected hereby, and (ii) certifying that, before and after giving
effect to the increase in Commitments effected hereby, (A) the representations and warranties contained in Article IV and the other Loan Documents are true and correct on and as of the Effective Date, except to the extent that such
representations and warranties specifically refer to an earlier date, in which case they are true and correct as of such earlier date, and except that the representations and warranties contained in Section 4.05 of the Credit Agreement shall be
deemed to refer to the most recent statements furnished pursuant to clauses (a) and (b), respectively, of Section 5.06 of the Credit Agreement, and (B) no Default exists. 
 (i) The representations and warranties in this Agreement shall be true and correct in all material respects. 
 (j) The Borrower shall have paid (i) an increase fee to the Administrative Agent for the pro rata account of the Affected Lenders equal to $180,000,
which amount represents .18% of the increase in the aggregate Commitments, and (ii) all costs and expenses which have been invoiced and are payable pursuant to Section 9.03(a) of the Credit Agreement. 
 Section 20. Acknowledgments and Agreements. 
 (k) The Borrower acknowledges that on the date hereof all Obligations are payable without defense, offset, counterclaim or recoupment. 
 (l) The Administrative Agent, the Issuing Lender and the Lenders hereby expressly reserve all of their rights, remedies, and claims under the Loan Documents. Nothing in this Agreement shall constitute a waiver or
relinquishment of (i) any Default or Event of Default under any of the Loan Documents, (ii) any of the agreements, terms or conditions contained in any of the Loan Documents, (iii) any rights or remedies of the Administrative Agent,
the Issuing Lender or any Lender with respect to the Loan Documents, or (iv) the rights of the Administrative Agent, the Issuing Lender or any Lender to collect the full amounts owing to them under the Loan Documents. 
 (m) Each of the Borrower, the Administrative Agent, the Issuing Lender and the Lenders does hereby adopt, ratify, and confirm the Credit Agreement, as
amended hereby, and acknowledges and agrees that the Credit Agreement, as amended hereby, is and remains in full force and effect, and the Borrower acknowledges and agrees that its liabilities and obligations under the Credit Agreement, as amended
hereby, are not impaired in any respect by this Agreement. 
 (n) From and after the Effective Date, all references to the Credit Agreement
and the Loan Documents shall mean such Credit Agreement and such Loan Documents as amended by this Agreement. 
 (o) This Agreement is a Loan
Document for the purposes of the provisions of the other Loan Documents. Without limiting the foregoing, any breach of representations, warranties, and covenants under this Agreement shall be a Default or Event of Default, as applicable, under the
Credit Agreement. 
 Section 21. Counterparts. This Agreement may be signed in any number of counterparts, each of which
shall be an original and all of which, taken together, constitute a single instrument. This Agreement may be executed by facsimile signature and all such signatures shall be effective as originals. 
 Section 22. Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their
respective successors and assigns permitted pursuant to the Credit Agreement. 

 Section 23. Invalidity. In the event that any one or more of the provisions contained
in this Agreement shall for any reason be held invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provision of this Agreement. 
 Section 24. Governing Law. This Agreement shall be deemed to be a contract made under and shall be governed by and construed in
accordance with the laws of the State of Texas. 
 Section 25. Entire Agreement. THIS AGREEMENT, THE CREDIT AGREEMENT AS
AMENDED BY THIS AGREEMENT, THE NOTES, AND THE OTHER LOAN DOCUMENTS CONSTITUTE THE ENTIRE UNDERSTANDING AMONG THE PARTIES HERETO WITH RESPECT TO THE SUBJECT MATTER HEREOF AND SUPERSEDE ANY PRIOR AGREEMENTS, WRITTEN OR ORAL, WITH RESPECT THERETO.

 THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES. 

 EXECUTED effective as of the date first above written. 
  

					
	BORROWER:	 	CONTINENTAL RESOURCES, INC.
			
		 	By:	 	 /s/ JOHN D. HART

		 	Name:	 	 John D. Hart

		 	Title:	 	 CFO

					
	ADMINISTRATIVE AGENT/	 		 	
	ISSUING LENDER/	 		 	
	AFFECTED LENDER:	 	UNION BANK OF CALIFORNIA, N.A.,
		 	as Administrative Agent, Issuing Lender and an Affected Lender
			
		 	By:	 	 /s/ TIMOTHY BRENDEL

		 	Name:	 	 Timothy Brendel

		 	Title:	 	 Asst. Vice President

					
		 	GUARANTY BANK, FSB
			
		 	By:	 	 /s/ CHRISTOPHER S. PARADA

		 	Name:	 	 Christopher S. Parada

		 	Title:	 	 Senior Vice President

					
		 	FORTIS CAPITAL CORP.
			
		 	By:	 	 /s/ SCOTT MYATT

		 	Name:	 	 Scott Myatt

		 	Title:	 	 Vice President

			
		 	By:	 	 /s/ DARRELL HOLLEY

		 	Name:	 	 Darrell Holley

		 	Title:	 	 Managing Director

					
		 	THE ROYAL BANK OF SCOTLAND plc
			
		 	By:	 	 /s/ SCOTT L. JOYCE

		 	Name:	 	 Scott L. Joyce

		 	Title:	 	 Senior Vice President

					
		 	U.S. BANK NATIONAL ASSOCIATION
			
		 	By:	 	 /s/ TYLER FAUERBACH

		 	Name:	 	 Tyler Fauerbach

		 	Title:	 	 Vice President

					
		 	BANK OF SCOTLAND, a Scottish Banking Corporation acting through its New York Branch
			
		 	By:	 	 /s/ KAREN WEICH

		 	Name:	 	 Karen Weich

		 	Title:	 	 Vice President

					
		 	NATIXIS (f/k/a Natexis Banques Populaires)
			
		 	By:	 	 /s/ DONAVAN C. BROUSSARD

		 	Name:	 	 Donavan C. Broussard

		 	Title:	 	 Managing Director

			
		 	By:	 	 /s/ LIANA TCHERNYSHEVA

		 	Name:	 	 Liana Tchernysheva

		 	Title:	 	 Director

					
		 	STERLING BANK
			
		 	By:	 	 /s/ DAVID W. PHILLIPS

		 	Name:	 	 David W. Phillips

		 	Title:	 	 Senior Vice President

					
		 	CAPITAL ONE, N.A.
			
		 	By:	 	 /s/ ERIC BROUSSARD

		 	Name:	 	 Eric Broussard

		 	Title:	 	 Senior Vice President

					
		
		 	For Purposes of Section 6 Only.
		
		 	GUARANTOR:
		
		 	BANNER PIPELINE COMPANY LLC
			
		 	By:	 	 /s/ HAROLD HAMM

		 	Name:	 	 Harold Hamm

		 	Title:	 	  

 SCHEDULE I 
 AFFECTED LENDERS AND INCREASE IN COMMITMENTS 
  

				
	 Affected Lenders:
	  	Increase in Commitments
	 Union Bank of California, N.A.
	  	$	10,000,000.00
		
	 Guaranty Bank, FSB
	  	$	10,000,000.00
		
	 Fortis Capital Corp.
	  	$	12,500,000.00
		
	 The Royal Bank of Scotland plc
	  	$	12,500,000.00
		
	 U.S. Bank National Association
	  	$	10,000,000.00
		
	 Bank of Scotland, plc
	  	$	10,000,000.00
		
	 Natixis
	  	$	10,000,000.00
		
	 Sterling Bank
	  	$	15,000,000.00
		
	 Capital One, N.A.
	  	$	10,000,000.00
		
	 Total Increase:
	  	$	100,000,000.00

 SCHEDULE II 
 NOTICE INFORMATION AND COMMITMENTS 
 Each of the commitments to lend set forth herein is governed by the terms
of the Credit Agreement which provides for, among other things, borrowing base limitations which may restrict the Borrower’s ability to request (and the Lenders’ obligation to provide) Credit Extensions to a maximum amount which is less
than the commitments set forth in this Schedule II. 
 Administrative Agent/Issuing Lender: 
 Union Bank of California, N.A. 
 Lincoln Plaza 
 500 N. Akard Street, Suite 4200 
 Dallas, Texas 75201 
 Attention: Mr. Randall Osterberg 
 Facsimile: 214-922-4209 
 Borrower: 
 Continental Resources, Inc. 
 302 N. Independence 
 Enid, Oklahoma 73701 
 Attention: John Hart 
 Facsimile: 580-548-5253 
  

				
	 Lenders:
	  	Commitments
	 Union Bank of California, N.A.
	  	$	65,000,000.00
		
	 Guaranty Bank, FSB
	  	$	65,000,000.00
		
	 Fortis Capital Corp.
	  	$	62,500,000.00
		
	 The Royal Bank of Scotland plc
	  	$	62,500,000.00
		
	 U.S. Bank National Association
	  	$	30,000,000.00
		
	 Bank of Scotland, plc
	  	$	30,000,000.00
		
	 Natixis
	  	$	30,000,000.00
		
	 Sterling Bank
	  	$	30,000,000.00
		
	 Capital One, N.A.
	  	$	20,000,000.00
		
	 Texas Capital Bank, N.A.
	  	$	5,000,000.00
		
	 Total:
	  	$	400,000,000.00Amendment No. 3 to the Sixth Amended and Restated Credit Agreement

 Exhibit 10.17 
 AMENDMENT NO. 3 
 This AMENDMENT NO. 3 (the “Agreement”) dated as of December 22,
2008 (the “Effective Date”) is among Continental Resources, Inc., an Oklahoma corporation (“Borrower”), the Lenders (as defined below), and Union Bank of California, N.A., as Administrative Agent and as Issuing Lender (as each
such terms are defined below). 
 RECITALS 
 C. The Borrower is party to that certain Sixth Amended and Restated Credit Agreement dated as of April 12, 2006, as amended by the Amendment No. 1 dated as of April 17, 2007 and by the Commitment
Increase Agreement and Amendment No. 2 dated as of January 23, 2008 (as so amended, the “Credit Agreement”) among the Borrower, the lenders party thereto from time to time (the “Lenders”), and Union Bank of California,
N.A., as administrative agent (in such capacity, the “Administrative Agent”) and as issuing lender (in such capacity, the “Issuing Lender”). 
 D. The Borrower, the Lenders, the Issuing Lender and the Administrative Agent wish to, subject to the terms and conditions of this Agreement, make certain amendments to the Credit Agreements as provided herein.

 THEREFORE, the Borrower, the Lenders, the Administrative Agent and the Issuing Lender hereby agree as follows: 
 Section 26. Defined Terms. As used in this Agreement, each of the terms defined in the opening paragraph and the Recitals above shall
have the meanings herein assigned. Each term defined in the Credit Agreement and used herein without definition shall have the meaning assigned to such term in the Credit Agreement, unless expressly provided to the contrary. 
 Section 27. Other Definitional Provisions. Article, Section, Schedule, and Exhibit references are to Articles and Sections of and
Schedules and Exhibits to this Agreement, unless otherwise specified. All references to instruments, documents, contracts, and agreements are references to such instruments, documents, contracts, and agreements as the same may be amended,
supplemented, and otherwise modified from time to time, unless otherwise specified. The words “hereof”, “herein”, and “hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as
a whole and not to any particular provision of this Agreement. The term “including” means “including, without limitation,”. Paragraph headings have been inserted in this Agreement as a matter of convenience for reference only and
it is agreed that such paragraph headings are not a part of this Agreement and shall not be used in the interpretation of any provision of this Agreement. 
 Section 28. Amendments. 
 (p) Section 1.01 of the Credit Agreement is hereby
amended by replacing the defined terms “Obligations” and “Swap Counterparty” found therein in their entirety with the following corresponding terms: 
 “Obligations” means (a) all principal, interest, fees, reimbursements, indemnifications, and other amounts payable by any Obligor to any
Lender Party under the Loan Documents (other than Hedge Contracts with Swap Counterparties), including the Letter of Credit Obligations and (b) all obligations of any Obligor owing to any Swap Counterparty under any Hedge Contract; provided
that, (i) when any Swap Counterparty assigns or otherwise transfers any interest held by it under any Hedge Contract to any other Person pursuant to the terms of such agreement, the obligations thereunder shall constitute Obligations only if
such assignee or transferee is also then a Lender or an Affiliate of a Lender and (ii) if a Swap Counterparty ceases to be a Lender hereunder or an Affiliate of a Lender hereunder, obligations owing to such Swap Counterparty shall be included
as Obligations only to the extent such obligations arise from transactions under such individual Hedge Contracts (and not the Master Agreement between such parties) entered into at the time such Swap Counterparty was a Lender hereunder or an
Affiliate of a Lender hereunder, without giving effect to any extension, increases, or modifications thereof which are made after such Swap Counterparty ceases to be a Lender hereunder or an Affiliate of a Lender hereunder. 
 “Swap Counterparty” means any counterparty to a Hedge Contract with the Borrower or any Subsidiary; provided that such counterparty is a
Lender or an Affiliate of a Lender on the date hereof or was, at the time such Hedge Contract was entered into, a Lender or an Affiliate of a Lender. 
 (q) Section 2.02(a) of the Credit Agreement is hereby amended by (i) replacing each reference to a rating of “BB” or “Ba2” found therein with a reference to a rating of “BB+” or
“Ba1”, respectively, and (ii) adding the following sentence to the end of clause (iii) thereof: 
 NOTWITHSTANDING
ANYTHING HEREIN TO THE CONTRARY, the Borrower may not elect to convert to an Additional Covenant Period from a BB Period without the prior written consent of all the Lenders. 
 (r) Section 2.07(a) of the Credit Agreement is hereby amended by replacing clause (i) therein in its entirety with the following: 

(i) if such issuance, increase, or extension would cause the Letter of Credit Exposure to exceed the lesser of (A) $70,000,000
and (B) the aggregate Availability; 

 (s) Section 8.07 of the Credit Agreement is hereby amended by adding the following two new sentences
to the end thereof: 
 To the extent that the indemnity obligations provided in this Section 8.07 are for the benefit of the
Administrative Agent as the named secured party under the Liens granted under the Security Instruments, each Lender hereby agrees that if such Lender ceases to be a Lender hereunder but Obligations owing to such Lender or an Affiliate of such Lender
continue to be secured by such Liens, then such Lender shall continue to be bound by the provisions of this Section 8.07 until such time as such Obligations have been satisfied or terminated in full and subject to the terms of the last sentence
of Section 9.06. In such event, in determining the pro rata shares under this Section 8.07, the Lenders shall include the aggregate amount (giving effect to any netting agreements) that would be owing to such Swap Counterparty if such
Hedge Contracts were terminated at the time of determination. 
 (t) Section 8.09 of the Credit Agreement is hereby deleted in its
entirety and replaced with the following: 
 Section 8.09 Collateral Matters. 
 (a) Administrative Agent is authorized on behalf of the Lender Parties and the Swap Counterparties (collectively, the “Secured
Parties”), without the necessity of any notice to or further consent from the Secured Parties, from time to time, to take any actions with respect to any Collateral or Security Instruments which may be necessary to perfect and maintain
Acceptable Security Interests in and Liens upon the Collateral granted pursuant to the Security Instruments. Administrative Agent is further authorized on behalf of the Secured Parties, without the necessity of any notice to or further consent from
the Secured Parties, from time to time, to take any action (other than enforcement actions requiring the consent of, or request by, the Required Lenders as set forth in Section 7.02 or Section 7.03 above) in exigent circumstances as may be
reasonably necessary to preserve any rights or privileges of the Secured Parties under the Loan Documents or applicable law. By accepting the benefit of the Liens granted pursuant to the Security Instruments, each Secured Party not party hereto
hereby agrees to the terms of this paragraph (a). 
 (b) Each Secured Party irrevocably authorizes Administrative Agent
to release any Lien granted to or held by the Administrative Agent upon any Collateral: (i) upon termination of the Commitments, termination or expiration of all Letters of Credit, termination of all Hedge Contracts with Swap Counterparties
that are secured by the Liens on the Collateral (other than Hedge Contracts with any Swap Counterparty with respect to which other arrangements satisfactory to the Swap Counterparty and the Borrower have been made; provided that, unless a
Swap Counterparty notifies the Administrative Agent in writing at least 2 Business Days after receiving written notice from the Administrative Agent of the expected termination of the Commitments that such arrangements have not been made, then
solely for purposes of this clause (b), it shall be deemed that such satisfactory arrangements have been made), and payment in full of all Obligations (other than Obligations arising under Hedge Contracts with any Swap Counterparty with respect to
which other arrangements satisfactory to the Swap Counterparty and the Borrower have been made; provided that, unless a Swap Counterparty notifies the Administrative Agent in writing at least 2 Business Days after receiving written notice
from the Administrative Agent of the expected termination of the Commitments that such arrangements have not been made, then solely for purposes of this clause (b), it shall be deemed that such satisfactory arrangements have been made);
(ii) constituting Property sold or to be sold or otherwise disposed of as part of or in connection with any Disposition permitted under this Agreement or the other Loan Documents; (iii) constituting Property in which the Borrower or any
Restricted Subsidiary owned no interest at the time the Lien was granted or at any time thereafter; (iv) constituting Property leased to the Borrower or any Restricted Subsidiary under a lease which has expired or has been terminated in a
transaction permitted under this Agreement or is about to expire and which has not been, and is not intended by the Borrower or such Restricted Subsidiary to be, renewed or extended; (v) as required under Section 2.02(e); or (vi) if
approved, authorized or ratified in writing by the applicable Required Lenders or all the Lenders, as the case may be, as required by Section 9.01. Upon the request of the Administrative Agent at any time, the Secured Parties will confirm in
writing the Administrative Agent’s authority to release particular types or items of Collateral pursuant to this Section 8.08. By accepting the benefit of the Liens granted pursuant to the Security Instruments, each Secured Party not party
hereto hereby agrees to the terms of this paragraph (b). 
 (c) Notwithstanding anything contained in any of the Loan
Documents to the contrary, the Borrower, the Administrative Agent, and each Secured Party hereby agree that no Secured Party shall have any right individually to realize upon any of the Collateral or to enforce any Guaranty, it being understood and
agreed that all powers, rights and remedies hereunder and under the Security Instruments may be exercised solely by Administrative Agent on behalf of the Secured Parties in accordance with the terms hereof. By accepting the benefit of the Liens
granted pursuant to the Security Instruments, each Secured Party not party hereto hereby agrees to the terms of this paragraph (c). 
 (u) Schedule I – Applicable Margins / Pricing Grid attached to the Credit Agreement is hereby replaced in its entirety with Schedule I – Applicable Margins / Pricing Grid attached to this Agreement. 
 Section 29. Borrower Representations and Warranties. The Borrower represents and warrants that: (a) the representations and
warranties contained in the Credit Agreement, as amended hereby, and the representations and warranties contained in the other Loan Documents, are true and correct in all material respects on and as of the Effective Date as if made on and as of such
date except to the extent that any such representation or warranty expressly relates solely to an earlier date, in which case such representation or warranty is true and correct in all material respects as of such earlier date; (b) no Default
has occurred and is continuing; (c) the execution, delivery and performance of this Agreement are within the corporate power and authority of the Borrower and have been duly authorized by appropriate corporate and governing action and 

 
proceedings; (d) this Agreement constitutes the legal, valid, and binding obligation of the Borrower enforceable in accordance with its terms, except as
limited by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws affecting the rights of creditors generally and general principles of equity; (e) there are no governmental or other third party consents, licenses and
approvals required in connection with the execution, delivery, performance, validity and enforceability of this Agreement; and (f) the Liens under the Security Instruments are valid and subsisting and secure Borrower’s obligations under
the Loan Documents. 
 Section 30. Reaffirmation of Guaranty. Each Guarantor hereby ratifies, confirms, and acknowledges
that its obligations under the Guaranty Agreement are in full force and effect and that each Guarantor continues to unconditionally and irrevocably, jointly and severally, guarantee the full and punctual payment, when due, whether at stated maturity
or earlier by acceleration or otherwise, all of the Obligations (subject to the terms of the Guaranty Agreement), as such Obligations may have been amended by this Amendment. Each Guarantor hereby acknowledges that its execution and delivery of this
Amendment does not indicate or establish an approval or consent requirement by the Guarantors under the Guaranty Agreement in connection with the execution and delivery of amendments to the Credit Agreement, the Notes or any of the other Loan
Documents. 
 Section 31. Conditions to Effectiveness. This Agreement and the increase in the Borrowing Base provided
herein shall become effective on the Effective Date and enforceable against the parties hereto upon the occurrence of the following conditions precedent: 
 (a) The Administrative Agent shall have received multiple original counterparts, as requested by the Administrative Agent, of this Agreement duly and validly executed and delivered by duly authorized officers of the
Borrower, the Guarantors, the Administrative Agent, the Issuing Lender and the Required Lenders. 
 (b) The Administrative Agent shall have
received executed original counterparts of a commitment increase agreement from Lenders (such Lenders being the “Affected Lenders”) evidencing an increase in the aggregate Commitments of at least $90,000,000. 
 (c) No Default shall have occurred and be continuing as of the Effective Date. 
 (d) The representations and warranties in this Agreement shall be true and correct in all material respects. 
 (e) The Borrower shall have paid all costs and expenses which have been invoiced and are payable pursuant to Section 9.03(a) of the Credit
Agreement. 
 Section 32. Acknowledgments and Agreements. 
 (v) The Borrower acknowledges that on the date hereof all Obligations are payable without defense, offset, counterclaim or recoupment. 
 (w) The Administrative Agent, the Issuing Lender and the Lenders hereby expressly reserve all of their rights, remedies, and claims under the Loan
Documents. Nothing in this Agreement shall constitute a waiver or relinquishment of (i) any Default or Event of Default under any of the Loan Documents, (ii) any of the agreements, terms or conditions contained in any of the Loan
Documents, (iii) any rights or remedies of the Administrative Agent, the Issuing Lender or any Lender with respect to the Loan Documents, or (iv) the rights of the Administrative Agent, the Issuing Lender or any Lender to collect the full
amounts owing to them under the Loan Documents. 
 (x) Each of the Borrower, the Administrative Agent, the Issuing Lender and the Lenders
does hereby adopt, ratify, and confirm the Credit Agreement, as amended hereby, and acknowledges and agrees that the Credit Agreement, as amended hereby, is and remains in full force and effect, and the Borrower acknowledges and agrees that its
liabilities and obligations under the Credit Agreement, as amended hereby, are not impaired in any respect by this Agreement. 
 (y) From and
after the Effective Date, all references to the Credit Agreement and the Loan Documents shall mean such Credit Agreement and such Loan Documents as amended by this Agreement. 
 (z) This Agreement is a Loan Document for the purposes of the provisions of the other Loan Documents. Without limiting the foregoing, any breach of
representations, warranties, and covenants under this Agreement shall be a Default or Event of Default, as applicable, under the Credit Agreement. 
 Section 33. Counterparts. This Agreement may be signed in any number of counterparts, each of which shall be an original and all of which, taken together, constitute a single instrument. This Agreement may be executed by
facsimile signature and all such signatures shall be effective as originals. 
 Section 34. Successors and Assigns. This
Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns permitted pursuant to the Credit Agreement. 
 Section 35. Invalidity. In the event that any one or more of the provisions contained in this Agreement shall for any reason be held invalid, illegal or unenforceable in any respect, such
invalidity, illegality or unenforceability shall not affect any other provision of this Agreement. 

 Section 36. Governing Law. This Agreement shall be deemed to be a contract made under
and shall be governed by and construed in accordance with the laws of the State of Texas. 
 Section 37. Entire Agreement.
THIS AGREEMENT, THE CREDIT AGREEMENT AS AMENDED BY THIS AGREEMENT, THE NOTES, AND THE OTHER LOAN DOCUMENTS CONSTITUTE THE ENTIRE UNDERSTANDING AMONG THE PARTIES HERETO WITH RESPECT TO THE SUBJECT MATTER HEREOF AND SUPERSEDE ANY PRIOR AGREEMENTS,
WRITTEN OR ORAL, WITH RESPECT THERETO. 
 THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES. 
 [Remainder of this page intentionally left blank. Signature pages follow.] 
 EXECUTED effective as of the date first above written. 
  

							
	BORROWER:	 		 	CONTINENTAL RESOURCES, INC.
				
		 		 	By:	 	 /s/ JOHN HART

		 		 	Name:	 	 John Hart

		 		 	Title:	 	 CFO

  

							
	 ADMINISTRATIVE AGENT/
 ISSUING
LENDER/LENDER:
	 		 	UNION BANK OF CALIFORNIA, N.A.,
		 		 	 as Administrative Agent, Issuing Lender
 and a Lender

				
		 		 	By:	 	 /s/ WHITNEY RANDOLPH

		 		 	Name:	 	 Whitney Randolph

		 		 	Title:	 	 Vice President

			
	GUARANTY BANK, FSB
		
	By:	 	 /s/ JAMES A. MORGAN

	Name:	 	 James A. Morgan

	Title:	 	 Assistant Vice President

			
	FORTIS CAPITAL CORP.
		
	By:	 	 /s/ CASEY LOWARY

	Name:	 	 Casey Lowary

	Title:	 	 Director

		
	By:	 	 /s/ ILENE FOWLER

	Name:	 	 Ilene Fowler

	Title:	 	 Director

			
	THE ROYAL BANK OF SCOTLAND plc
		
	By:	 	  

	Name:	 	  

	Title:	 	  

			
	U.S. BANK NATIONAL ASSOCIATION
		
	By:	 	 /s/ BRUCE E. HERNANDEZ

	Name:	 	 Bruce E. Hernandez

	Title:	 	 Vice President

			
	BANK OF SCOTLAND, a Scottish Banking
Corporation acting through its New York Branch
		
	By:	 	 /s/ JULIA R. FRANKLIN

	Name:	 	 Julia R. Franklin

	Title:	 	 Assistant Vice President

			
	NATIXIS
		
	By:	 	 /s/ LIANA TCHERNYSHEVE

	Name:	 	 Liana Tchernysheva

	Title:	 	 Director

		
	By:	 	 /s/ LOUIS P. LAVILLE, III

	Name:	 	 Louis P. Laville, III

	Title:	 	 Manaaging Director

			
	STERLING BANK
		
	By:	 	  

	Name:	 	  

	Title:	 	  

			
	CAPITAL ONE, N.A.
		
	By:	 	 /s/ ERIC BROUSSARD

	Name:	 	 Eric Broussard

	Title:	 	 Senior Vice President

			
	TEXAS CAPITAL BANK, N.A.
		
	By:	 	 /s/ JOHN E. DAVIS

	Name:	 	 John E. Davis

	Title:	 	 Senior Vice President

			
	For Purposes of Section 5 Only.
	
	GUARANTOR:
	
	BANNER PIPELINE COMPANY LLC
		
	By:	 	 /s/ JOHN HART

	Name:	 	 John Hart

	Title:	 	 CFO

 SCHEDULE I 
 Applicable Margins 
 PRICING GRID 
  

															
	 Utilization Level
	  	Eurodollar
Rate
Advances	 	 	Reference
Rate
Advances	 	 	Letter of
Credit
Fee	 	 	Commitment
Fee	 
	Level I	  	Equal to or greater than 90%	  	2.50	%	 	0.00	%	 	2.50	%	 	0.375	%
						
	Level II	  	Less than 90% but equal to or greater than 75%	  	2.25	%	 	0.00	%	 	2.25	%	 	0.300	%
						
	Level III	  	Less than 75% but equal to or greater than 50%	  	2.00	%	 	0.00	%	 	2.00	%	 	0.250	%
						
	Level IV	  	Less than 50%	  	1.75	%	 	0.00	%	 	1.75	%	 	0.250	%

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00154-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00154-of-00352.parquet"}]]