Second Lien Pledge Agreement and Irrevocable Proxy Sample Contracts

SECOND LIEN PLEDGE AGREEMENT and irrevocable proxy

Second Lien Pledge Agreement and Irrevocable Proxy • March 18th, 2015 • Energy XXI LTD • Oil & gas field exploration services • New York

• Contract Type
  Second Lien Pledge Agreement and Irrevocable Proxy
• Filed
  March 18th, 2015
• Company
  Energy XXI LTD
• Industry
  Oil & gas field exploration services
• Jurisdiction
  New York

This SECOND LIEN PLEDGE AGREEMENT AND IRREVOCABLE PROXY, dated as of March 12, 2015 (as amended, supplemented, amended and restated or otherwise modified from time to time, this “Pledge Agreement”), is made by Energy XXI USA, Inc., a Delaware corporation (the “Pledgor”), in favor of U.S. Bank National Association, in its capacity as Collateral Trustee (as defined in the Indenture hereinafter described) for the benefit of the Secured Parties (as defined below).