Freeport-McMoRan Oil & Gas Inc. Sample Contracts

SECOND AMENDMENT TO STOCKHOLDERS AGREEMENT
Stockholders Agreement • August 10th, 2015 • Freeport-McMoRan Oil & Gas Inc. • Crude petroleum & natural gas

This SECOND AMENDMENT (this “Second Amendment”) TO THE STOCKHOLDERS AGREEMENT dated as of November 17, 2011, as amended by Amendment No. 1 thereto dated as of December 22, 2011 (the “Agreement”) by and among Plains Offshore Operations Inc., a Delaware corporation (the “Company”), Plains Exploration & Production Company, a Delaware corporation (“PXP”), and PXP Resources LLC, a Delaware limited liability company (“PXP Resources”), and each investor named in Schedule A thereto (collectively, the “Investors”) is made and entered into as of January 31, 2012 by and between the Company, PXP, PXP Resources and the undersigned Investors in accordance with Section 3.06 of the Agreement.

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STOCKHOLDERS AGREEMENT Dated November 17, 2011 By and Among Plains Offshore Operations Inc., Plains Exploration & Production Company, PXP Resources LLC and the Investors set forth on Schedule A hereto
Stockholders Agreement • August 10th, 2015 • Freeport-McMoRan Oil & Gas Inc. • Crude petroleum & natural gas • Delaware

THIS STOCKHOLDERS AGREEMENT (the “Agreement”) is made as of the 17th day of November 2011, by and among Plains Offshore Operations Inc., a Delaware corporation “Company”), PXP Resources LLC, a Delaware limited liability company (“PXP LLC”), Plains Exploration & Production Company, a Delaware corporation (together with PXP LLC, “PXP”), and each investor named in Schedule A hereto (collectively, the “Investors”). The Company, PXP and the Investors are sometimes referred to collectively as the “Parties” and individually as a “Party.”

WAIVER AGREEMENT
Waiver Agreement • August 10th, 2015 • Freeport-McMoRan Oil & Gas Inc. • Crude petroleum & natural gas • Delaware

This WAIVER AGREEMENT is dated as of August 16, 2012 (this “Agreement”) by and among Plains Offshore Operations Inc., a Delaware corporation (“Company”), PXP Resources LLC, a Delaware limited liability company (“PXP LLC”), Plains Exploration & Production Company, a Delaware corporation (together with any Affiliate of Plains Exploration & Production Company, “PXP”), and each Investor named on the signature pages hereto. The parties to this Agreement are collectively referred to herein as the “Parties” Capitalized terms not defined herein have the meaning ascribed to them in the Stockholders Agreement (as defined below).

SECOND WAIVER AGREEMENT
Second Waiver Agreement • August 10th, 2015 • Freeport-McMoRan Oil & Gas Inc. • Crude petroleum & natural gas • Delaware

This SECOND WAIVER AGREEMENT is dated as of October 15, 2012 (this “Agreement”) by and among Plains Offshore Operations Inc., a Delaware corporation (“Company”), PXP Resources LLC, a Delaware limited liability company (“PXP LLC”), Plains Exploration & Production Company, a Delaware corporation (together with any Affiliate of Plains Exploration & Production Company, “PXP”), and each Investor named on the signature pages hereto. The parties to this Agreement are collectively referred to herein as the “Parties.” Capitalized terms not defined herein have the meaning ascribed to them in the Stockholders Agreement (as defined below).

FIRST AMENDMENT TO STOCKHOLDERS AGREEMENT
Stockholders Agreement • August 10th, 2015 • Freeport-McMoRan Oil & Gas Inc. • Crude petroleum & natural gas

This FIRST AMENDMENT (this “First Amendment”) TO THE STOCKHOLDERS AGREEMENT dated as of November 17, 2011 (the “Agreement”) by and among Plains Offshore Operations Inc., a Delaware corporation (the “Company”), PXP Resources LLC, a Delaware limited liability company, Plains Exploration & Production Company, a Delaware corporation (“PXP”), PXP Resources LLC, a Delaware limited liability company (“PXP Resources”) and each investor named in Schedule A thereto (collectively, the “Investors”) is made and entered into as of December 22, 2011 by and between the Company, PXP, PXP Resources and the Investors.

CONSENT AND FOURTH AMENDMENT TO THE STOCKHOLDERS AGREEMENT
Consent And • August 10th, 2015 • Freeport-McMoRan Oil & Gas Inc. • Crude petroleum & natural gas

This CONSENT AND FOURTH AMENDMENT (this “Consent and Amendment”) TO THE STOCKHOLDERS AGREEMENT dated as of November 17, 2011, as amended by Amendment No. 1 thereto dated as of December 22, 2011, as amended by Amendment No. 2 thereto dated as of January 31, 2012, as amended by Section 2 of the Waiver Agreement dated August 16, 2012 (as so amended, the “Stockholders Agreement”), by and among Plains Offshore Operations Inc., a Delaware corporation (the “Company”), Freeport-McMoRan Oil & Gas LLC (formerly Plains Exploration & Production Company), a Delaware limited liability company (“FM O&G”), and PXP Resources LLC, a Delaware limited liability company (“PXP Resources”), and each investor named in Schedule A thereto (collectively, the “Investors”) is made and entered into as of January 15, 2014 by and among the Company, FM O&G, PXP Resources and the undersigned Investors in accordance with Section 3.06 of the Stockholders Agreement. All capitalized terms used but not otherwise defined her

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