SEC Contract Filing

Filing Date: 2017-05-18

Document Content:
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<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>d382930dex102.htm
<DESCRIPTION>EX-10.2
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<TITLE>EX-10.2</TITLE>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.2 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">THIRD SUPPLEMENTAL INDENTURE </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">Third Supplemental Indenture (this &#147;<U>Third Supplemental Indenture</U>&#148;), dated as of May&nbsp;18, 2017, among Cobalt International
Energy, Inc., a Delaware corporation (the &#147;<U>Company</U>&#148;), the Guarantors (as defined in the Indenture referred to below) party hereto and Wilmington Trust, National Association, as trustee and collateral agent (the
&#147;<U>Trustee</U>&#148;). </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">W I T N E S S E T H </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">WHEREAS, Cobalt International Energy, Inc. has heretofore executed and delivered to the Trustee an Indenture, dated as of December&nbsp;6,
2016 (as amended, modified or supplemented from time to time, including by this Third Supplemental Indenture, the &#147;<U>Indenture</U>&#148;), among the Company, the Guarantors and the Trustee, providing for the issuance of the Company&#146;s
7.750% second-lien senior secured notes due 2023 (the &#147;<U>Notes</U>&#148;) and pursuant to which the Company has previously duly issued $902,590,000 aggregate principal amount of the Notes (the &#147;<U>Existing Notes</U>&#148;); </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">WHEREAS, Section 2.01(b) of the Indenture provides that Additional Notes ranking <I>pari passu</I> with the Existing Notes may be created and
issued from time to time by the Company under the Indenture without notice to or consent of the Holders and that such Additional Notes shall be consolidated with and form a single class with the Existing Notes and shall have the same terms as to
status, redemption or otherwise (other than issue date and issue price) as the Existing Notes, subject to the Company&#146;s compliance with Section&nbsp;4.09 and 4.10 of the Indenture; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">WHEREAS, pursuant to Section 9.01(a)(8) of the Indenture, the Trustee, the Company and the Guarantors are authorized to execute and deliver
this Third Supplemental Indenture without the consent of the Holders of the Notes; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">WHEREAS, the Company and the Guarantors have
authorized the execution and delivery of this Third Supplemental Indenture for the purpose of issuing $32,142,000 in aggregate principal amount of Additional Notes (the &#147;<U>New Notes</U>&#148;); and </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">WHEREAS, the execution and delivery of this Third Supplemental Indenture has been duly authorized by the parties hereto, and all conditions
and requirements necessary to make this Third Supplemental Indenture a valid and binding agreement of the Company and the Guarantors enforceable in accordance with its terms have been duly performed and complied with. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged,
the parties mutually covenant and agree for the equal and ratable benefit of the Holders as follows: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"><U>Capitalized Terms</U>. Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"><U>Execution and Delivery</U>. The Company and each Guarantor hereby represent and warrant to and agree that each of them has all the requisite corporate power and authority to execute, deliver and perform its
obligations under this Third Supplemental Indenture and this Third Supplemental Indenture has been duly and validly executed and delivered and constitutes their legal, valid and binding obligation, enforceable against them in accordance with its
terms and the terms of the Indenture. </TD></TR></TABLE>

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<TD WIDTH="4%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"><U>Additional Notes</U>. As of the date hereof, the Company will issue, and the Trustee is directed to authenticate and deliver, the New Notes under the Indenture, substantially in the form of Exhibit A to the
Indentur