AMENDMENT NO. 3 TO FIRST AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT
Exhibit 10.2
AMENDMENT NO. 3 TO
FIRST AMENDED AND RESTATED
REGISTRATION RIGHTS AGREEMENT
This Amendment No. 3, dated December 20, 2012 (this “Amendment”), to the First Amended and Restated Registration Rights Agreement dated as of August 8, 2011 (as amended from time to time, the “Agreement”), by and among PostRock Energy Corporation, a Delaware corporation (together with any successor entity thereto, the “Corporation”), White Deer Energy L.P., a Cayman Islands exempted limited partnership (“White Deer”), White Deer Energy TE L.P., a Cayman Islands exempted limited partnership (“White Deer TE”) and White Deer Energy FI L.P. a Cayman Islands exempted limited partnership (together with White Deer and White Deer TE, the “White Deer Stockholders”) and Constellation Energy Commodities Group, Inc., a Delaware corporation, is made by and among the Corporation and the White Deer Stockholders in accordance with Section 9(b) of the Agreement.
WHEREAS, pursuant to the Securities Purchase Agreement, dated as of the date hereof, by and among the Corporation and the White Deer Stockholders (the “December 2012 Purchase Agreement”) the Corporation issued and sold to the White Deer Stockholders and the White Deer Stockholders purchased from the Corporation 4,577,464 shares of Common Stock, 650 shares of Series A Shares and White Deer Warrants to purchase 4,577,464 shares of Common Stock; and
WHEREAS, to induce the White Deer Stockholders to enter into the December 2012 Purchase Agreement and to consummate the transactions contemplated therein, the Corporation agreed to provide the registration and other rights set forth in this Amendment for the benefit of the White Deer Stockholders.
NOW, THEREFORE, in consideration of the mutual terms, conditions and agreements contained herein, and of other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound hereby, the parties hereto hereby agree as follows:
| 1. | Defined Terms. Except as otherwise defined herein, capitalized terms used herein will have the definitions ascribed to them in the Agreement. |
| 2. | Definition Section. Section 1 of the Agreement is hereby amended to add the following definition: “December 2012 Purchase Agreement: The Securities Purchase Agreement by and among PostRock Energy Corporation, White Deer Energy L.P., White Deer Energy TE L.P. and White Deer Energy FI L.P., dated December 17, 2012.”. |
| 3. | Registrable Securities Definition. The definition of “Registrable Securities” in Section 1 of the Agreement is hereby amended to add the following after the first word of such definition: “Series A Shares issued to the White Deer Stockholders pursuant to the December 2012 Purchase Agreement, shares of Common Stock issued to the White Deer Stockholders pursuant to the December 2012 Purchase Agreement, shares of Common Stock that may be issued to the White Deer Stockholders upon the exercise of the Warrants issued to such White Deer Stockholders pursuant to the December 2012 Purchase Agreement, the”. |
| 4. | Miscellaneous. Except as expressly amended hereby, the Agreement shall remain unchanged, and the Agreement, as so amended, shall continue in full force and effect in accordance with its terms. For the avoidance of doubt, the provisions of Section 9 of the Agreement shall apply to this Amendment mutatis mutandis. This Amendment may be executed by the parties hereto in separate counterparts, |
each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. Executed signature pages to this Amendment may be delivered by PDF (Portable Document Format) or facsimile and such PDFs or facsimiles will be deemed as sufficient as if actual signature pages had been delivered.
* * * * *
2
IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first above written.
| THE COMPANY: | ||
| POSTROCK ENERGY CORPORATION | ||
| By: | /s/ Terry W. Carter | |
| Name: | Terry W. Carter | |
| Title: | President and Chief Executive Officer | |
| WHITE DEER STOCKHOLDERS: | ||
| WHITE DEER ENERGY L.P. | ||
| By: | Edelman & Guill Energy L.P., its general partner | |
| By: | Edelman & Guill Energy Ltd., its general partner | |
| By: | /s/ Thomas J. Edelman | |
| Name: Thomas J. Edelman | ||
| Title: Director | ||
| Address for Notice: | ||
| White Deer Energy L.P. 667 Madison Ave, 4th Floor New York, New York 10065 Attention: Thomas J. Edelman Facsimile: (212) 888-6877 | ||
| and | ||
| White Deer Energy L.P. 700 Louisiana, Suite 4770 Houston, Texas 77002 Attention: James E. Saxton Facsimile: (713) 581-6901 | ||
| WHITE DEER ENERGY TE L.P. | ||
| By: | Edelman & Guill Energy L.P., its general partner | |
| By: | Edelman & Guill Energy Ltd., its general partner | |
| By: | /s/ Thomas J. Edelman | |
| Name: Thomas J. Edelman | ||
| Title: Director | ||
| Address for Notice: | ||
| c/o White Deer Energy L.P. 667 Madison Ave, 4th Floor New York, New York 10065 Attention: Thomas J. Edelman Facsimile: (212) 888-6877 | ||
| and | ||
| c/o White Deer Energy L.P. 700 Louisiana, Suite 4770 Houston, Texas 77002 Attention: James E. Saxton Facsimile: (713) 581-6901 | ||
| WHITE DEER ENERGY FI L.P. | ||
| By: | Edelman & Guill Energy L.P., its general partner | |
| By: | Edelman & Guill Energy Ltd., its general partner | |
| By: | /s/ Thomas J. Edelman | |
| Name: Thomas J. Edelman | ||
| Title: Director | ||
| Address for Notice: | ||
| c/o White Deer Energy L.P. 667 Madison Ave, 4th Floor New York, New York 10065 Attention: Thomas J. Edelman Facsimile: (212) 888-6877 | ||
| and | ||
| c/o White Deer Energy L.P. 700 Louisiana, Suite 4770 Houston, Texas 77002 Attention: James E. Saxton Facsimile: (713) 581-6901 | ||
