Centennial Resource Development, LLC Sample Contracts

JOINT FILING AGREEMENT

Joint Filing Agreement • October 21st, 2016 • Centennial Resource Development, LLC • Crude petroleum & natural gas

• Contract Type
  Joint Filing Agreement
• Filed
  October 21st, 2016
• Company
  Centennial Resource Development, LLC
• Industry
  Crude petroleum & natural gas

This will confirm the agreement by and among all the undersigned that the Schedule 13D filed on or about this date and any amendments thereto with respect to beneficial ownership by the undersigned of shares of Common Stock of Centennial Resource Development, Inc. is being filed on behalf of each of the undersigned in accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934. This agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

REDEMPTION AGREEMENT

Redemption Agreement • October 21st, 2016 • Centennial Resource Development, LLC • Crude petroleum & natural gas • Delaware

• Contract Type
  Redemption Agreement
• Filed
  October 21st, 2016
• Company
  Centennial Resource Development, LLC
• Industry
  Crude petroleum & natural gas
• Jurisdiction
  Delaware

This Redemption Agreement (this “Agreement”) is made and entered into effective as of immediately following the Recapitalization (as defined below), by and between NGP Centennial Follow-On LLC, a Delaware limited liability company (“Follow-On”), and Carlyle Partners VI Centennial Holdings, L.P., a Delaware limited partnership (“Carlyle”). Follow-On and Carlyle are sometimes hereinafter referred to individually as a “Party” and collectively as the “Parties.”

COORDINATION AGREEMENT

Coordination Agreement • October 21st, 2016 • Centennial Resource Development, LLC • Crude petroleum & natural gas • Delaware

• Contract Type
  Coordination Agreement
• Filed
  October 21st, 2016
• Company
  Centennial Resource Development, LLC
• Industry
  Crude petroleum & natural gas
• Jurisdiction
  Delaware

This Coordination Agreement (this “Agreement”) is made and entered into effective as of October 11, 2016 (the “Effective Date”), by and among (i) NGP Centennial Follow-On LLC, a Delaware limited liability company (“Follow-On”), (ii) NGP X US Holdings, L.P., a Delaware limited partnership (“Holdings” and together with Follow-On and Holdings, each an “NGP Party” and collectively the “NGP Parties”), and (iii) CP VI-A Centennial, L.P., a Delaware limited partnership (the “Carlyle Party”). Each NGP Party and the Carlyle Party are sometimes hereinafter referred to individually as a “Party” and collectively as the “Parties.”