AMENDMENT, FORBEARANCE AND WAIVER AGREEMENTForbearance and Waiver Agreement • July 14th, 2014 • Cubic Energy Inc • Drilling oil & gas wells • New York
This AMENDMENT, FORBEARANCE AND WAIVER AGREEMENT (this “Agreement”) is entered into on this 14th day of July 2014, by and among Cubic Energy, Inc. (the “Company”), Cubic Asset, LLC (“Asset”), Cubic Asset Holding, LLC (“Asset Holding”), Cubic Louisiana, LLC (“Louisiana”), Cubic Louisiana Holding, LLC (“Louisiana Holding”, together with Asset, Asset Holding and Louisiana, the “Guarantors”, and each a “Guarantor”) and the undersigned Series A Purchasers and Series B Purchasers (collectively, the “Noteholders”) and, solely for purposes of Sections 1, 5, 7 and 10.1-10.11 of this Agreement, the undersigned registration rights holders (the “Registration Rights Holders”). All terms capitalized and not defined herein shall take the meanings assigned in the NPA (as defined below).
