CHANGE IN TERMS AGREEMENTChange in Terms Agreement • April 1st, 2008 • Beard Co /Ok • Industrial inorganic chemicals
Borrower: The Beard Company 5600 N May Ave Suite 320 Oklahoma City, OK 73112 Lender: First Fidelity Bank N A Northwest Business Office P O Box 32282 Oklahoma City, OK 73123-0482 (405) 416-2222
March 25, 2008 RESTATED AND AMENDED LETTER LOAN AGREEMENTLetter Loan Agreement • April 1st, 2008 • Beard Co /Ok • Industrial inorganic chemicals
This Restated and Amended Letter Loan Agreement (this “Agreement”) amends and restates the previous Restated and Amended Letter Loan Agreement between the parties hereto dated March 26, 2004, as amended by the parties on June 25, 2004, and as further restated and amended by the parties on April 1, 2005, on March 3, 2006, and on June 13, 2007.
REPRESENTATION, LIEN RELEASE AND INDEMNITY AGREEMENTIndemnity Agreement • April 1st, 2008 • Beard Co /Ok • Industrial inorganic chemicals
This REPRESENTATION, LIEN RELEASE AND INDEMNITY AGREEMENT is given this 25th day of March, 2008, by The Beard Company (the “Company”), an Oklahoma corporation, Beard Oil Company (“Beard Oil”), a Delaware corporation, and William M. Beard, individually (“Beard”), for the benefit of Charles R. Wiggins and Ken Kamon (collectively, the “Buyers”).
RELEASE, SUBORDINATION AND AMENDED AND RESTATED NOMINEE AGREEMENTNominee Agreement • April 1st, 2008 • Beard Co /Ok • Industrial inorganic chemicals • Oklahoma
This Release, Subordination and Amended and Restated Nominee Agreement (the “Agreement”) is made as of the 25th day of March, 2008 (“Effective Date”), by and among William M. Beard and Lu Beard, as Trustees of The William M. Beard and Lu Beard 1988 Charitable Unitrust (“Unitrust”), Boatright Family, L.L.C. (“Boatright”), McElmo Dome Nominee, LLC, a limited liability company (“Nominee”) and The Beard Company (the “Company”).
