ContractAmerican Standard Energy Corp. • March 9th, 2012 • Drilling oil & gas wells • Texas
THE PAYMENT OF THE PRINCIPAL AMOUNT OF THE INDEBTEDNESS EVIDENCED BY THIS INSTRUMENT AND THE INTEREST ACCRUING THEREON IS SUBORDINATED TO OTHER INDEBTEDNESS PURSUANT TO, AND TO THE EXTENT PROVIDED IN, AND IS OTHERWISE SUBJECT TO THE TERMS OF, THE SUBORDINATION AGREEMENT DATED AS OF MARCH 5, 2012 BY AND AMONG GERONIMO HOLDINGS CORPORATION, A DELAWARE CORPORATION, AMERICAN STANDARD ENERGY, CORP., A DELAWARE CORPORATION, AND PENTWATER EQUITY OPPORTUNITIES MASTER FUND LTD., A CAYMAN ISLANDS CORPORATION, AND PWCM MASTER FUND LTD., A CAYMAN ISLANDS CORPORATION.
Re: Letter Agreement regarding SECURED CONVERTIBLE PROMISSORY NOTESincerely • March 9th, 2012 • American Standard Energy Corp. • Drilling oil & gas wells
Reference is made to that certain Secured Convertible Promissory Note dated as of February 9, 2012 (the “Note”), among Asen 2, Corp., a Delaware corporation (“Company”), Pentwater Equity Opportunities Master Fund Ltd., a Cayman Islands corporation (“Opportunities”), and PWCM Master Fund Ltd., a Cayman Islands corporation (“PWCM”, and together with Opportunities, collectively “Investors”). All terms defined in the Note and not otherwise defined herein shall have the meanings given to them in the Note.
