AGREEMENT OF EQUIPMENT SUBSTITUTION
Exhibit 10.23.4
AGREEMENT OF
EQUIPMENT SUBSTITUTION
AFFECTING LOAN NO 1000137842 dated July 31, 2013, be it understood and agreed by and between JPMORGAN CHASE BANK, N.A. (Lender) and Borrower identified below:
SUBSTITUTE EQUIPMENT. The following equipment is substituted for equipment covered under the above Loan:
Make | Model | Year | Serial No./VIN | |||
Big Tex | Gooseneck Trailer | 2007 | 16VGX242272665499 | |||
Freightliner | Service Trk w/ eqpt | 2005 | 1FVACWDC35HU55411 | |||
Freightliner | Roustabout Bed | 2004 | 1FVACWAK34HM75474 | |||
Big Tex | Pipe Trailer | 2011 | 16VFX3221B2398546 | |||
Big Tex | Pipe Trailer | 2013 | 16VFX3229D2349386 | |||
Big Tex | Pipe Trailer | 2013 | 16VFX3229D2349387 | |||
Peterbilt | Hot Oil Truck | 2014 | 1NPXL40X4ED224827 | |||
Rig Works | Mustang 550 | 2013 | 1R9T5DN87DT571248 | |||
Kenworth | Pump Truck 70 Bbl | 1988 | 1XKDD29X0JS505810 | |||
Case | Backhoe 580 | 2001 | JJG0307618 | |||
Trailer | Vac 130 Bbl | 2001 | 5M328 | |||
Mack | RD890S | 2001 | 1M2P264Y31M032961 | |||
Halliburton | Bulk Trailer | 1979 | 5573 | |||
Halliburton | Pump Trailer | 1981 | 1H91H3420AD007060 | |||
5M | Vac 130 Bbl | 2003 | 5M348 | |||
Mack | RD600S | 2001 | 1M2P267Y21M058298 | |||
Mack | CV713 | 2005 | 1M2AG11Y45M024842 | |||
Vacu | Vac Trailer | 2005 | 130ND10031120 | |||
Mack | CV713 | 2006 | 1M2AG11Y16M041888 | |||
Dragon | Vac Trailer | 2006 | 1UNST42206L042017 | |||
Big Tex | Trailer | 2007 | 16VNX082471C82257 | |||
Mack | CV713 | 2006 | 1M2AG11Y16M041891 | |||
Troxell | Vac Trailer | 2006 | 1T9TA432261867649 | |||
Mack | CV713 | 2007 | 1M2AG11Y37M060024 | |||
Galyean | Trailer | 2006 | 169VT40246H016465 | |||
Mack | CV713 | 2006 | 1M2AG11Y06M041882 | |||
Peterbilt | 388 | 2008 | 1XPWDB9X28D765191 | |||
Troxell | Vac Trailer | 2010 | 1T9TS40210R719361 | |||
Peterbilt | 2008 | 1XPWDB9X78D761427 | ||||
Troxell | Vac Trailer | 2010 | 1T9TS4027AR719365 | |||
Peterbilt | Vac Truck | 1997 | 1XPFDB9X6VN429002 | |||
Peterbilt | Vac Truck - 385 | 1998 | 1XPGDT9X2WN466625 | |||
Gardner | Triplex Pump PES | n/a | Diesel/V6 Detroit | |||
Gardner | Triplex Pump TEE | n/a | Diesel/Cat C7 | |||
JWS | Triplex Pump 165 | n/a | Diesel/V6 Detroit | |||
JWS | Triplex Pump 165 | n/a | Diesel/V6 Detroit |
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Make | Model | Year | Serial No./VIN | |||
Mack | GU713 Trailer | 2013 | 1M1AX04Y4DM016202 | |||
Mack | GU713 Truck | 2013 | 1M1AX04Y1DM016206 | |||
Case | W20C Forklift | 1984 | 9155731 | |||
Mack | Water Truck | 1994 | 1M2AA14Y6RW033047 | |||
Cat | D6 Dozer | 1984 | 4X9251 | |||
Hercules | 3 Axle Dropneck Trailer | 1981 | 1HZL52301B1002674 | |||
Hercules | Trailer | 1979 | A791479 | |||
Mack | CH613 | 1999 | 1M1AA13Y6XW113340 | |||
Mack | CH613 | 1999 | 1M1AA13Y8XW113288 | |||
John Deere | 5103 Tractor | 2006 | PY5103U010255 | |||
Tow Master | Gooseneck Trailer | 2007 | 5HNGN322871000304 | |||
Tex-Mex | Trailer | 2012 | 41MCB2026CW041585 | |||
Mack | CH613, Dump Truck | 2003 | 1M2AA18Y53W153987 | |||
Case/Grader | 865B | 2013 | NCAF01612 | |||
Service King | Work Rig | 2013 | 1S951DB8XDL976506 | |||
John Deere | 310E Backhoe | 1998 | T0310EX844331 | |||
International | Dump Truck | 1999 | 1HSHBAHNXXH232661 | |||
John Deere | 650J Dozer | 2007 | T0650JX129772 | |||
Talbert | Trailer | 2004 | 40FR0302X42022900 | |||
Peterbilt | 1990 | 1XPBDE9X5LN291580 | ||||
Rogers | Lowboy Trailer | 1977 | D4361 | |||
Mack | R600 | 2000 | 1M2P268Y2YM054292 | |||
Kubota | Excavator 80-3 | 2011 | 24387 | |||
Quality | Ranger Trailer | 2012 | 550FB1217CS001154 | |||
Dickerson | Trailer | 1976 | 1195S |
RELEASED EQUIPMENT. The following equipment is released from the above Loan:
Make | Model | Year | Serial No./VIN | |||
Wilson | Mogul 42B | 1980 | 10677 | |||
Rig Works | Mustang 550 | 2006 | 1R9T5DM806T571107 | |||
Rig Works | Mustang 550 | 2006 | 1R9T5DN846T571109 | |||
Chevy | Silverado | 2009 | 1GCHC43669F130683 | |||
Ford | F-150 | 2010 | 1FTFX1EV7AFA02908 | |||
Chevy | Silverado | 2009 | 1GCHC43K69F190394 | |||
Chevy | Silverado Crew Cab | 2009 | 1GCHC43K19F190349 | |||
Chevy | Silverado Crew Cab | 2009 | 1GCHC43K09F190195 | |||
Chevy | Silverado 2500 CC | 2011 | 1GC1KXCG6BF104881 | |||
Chevy | 1500 | 2011 | 3GCPKSE31BF227977 | |||
Toyota | Tundra | 2011 | 5TFHW5F19BX197257 | |||
Chevy | Silverado | 2011 | 1GC1CVCG9BF229830 | |||
Chevy | Silverado Ext Cab | 2011 | 1GC2KXC87BZ459747 | |||
Chevy | 250 Crew Cab | 2012 | 1GC1KXCG1CF150460 | |||
Chevy | Crew Cab 4x4 | 2012 | 3GCPKSE75CG102971 | |||
Chevy | 2500 4x4 Crew Truck | 2012 | 1GC1KXCG7CF199971 | |||
Chevy | 2500 Crew Truck | 2012 | 1GC1CVCG1CF229001 |
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Make | Model | Year | Serial No./VIN | |||
Chevy | 2500 Crew Truck | 2012 | 1GC1CVCG2CF226687 | |||
Chevy | 2500 Crew Truck | 2012 | 1GC1CVCG2CF227404 | |||
Chevy | 2500 Crew Truck | 2012 | 3GCPKSE70CG247092 | |||
Peterbilt | Vac Truck | 2013 | 1XPSD79XXDD186682 | |||
Southern | Vac Trailer | 2012 | 4S9V6TA29CG270531 | |||
Ford | F-250 | 2009 | 1FTRF12W39KA40345 | |||
Ford | F-250 | 2009 | 1FTNF20599EA26513 | |||
Ford | F-250 | 2010 | 1FTSX2B53AEB40203 | |||
Ford | F-250 | 2011 | 1FT7X2AT3BEB76612 | |||
Ford | F-350 | 2011 | 1FT8W3AT3BEB76610 | |||
Ford | F-450 | 2011 | 1FDUF4GT6BEB76608 | |||
Ford | F-250 | 2011 | 1FT7W2BT1BEB76609 | |||
Ford | F-250 | 2011 | 1FT7X2AT5BEB76613 | |||
Ford | F-250 | 2011 | 1FT7X2AT1BEB76611 | |||
Ford | F-250 | 2011 | 1FT7X2AT7BEB76614 | |||
Ford | F-250 | 2011 | 1FT7X2ATXBEC92681 | |||
Ford | F-150 | 2011 | 1FTNF1CF6BKE15759 | |||
Ford | F-150 | 2012 | 1FTMF1CM5CKD53539 | |||
Ford | F-550 | 2012 | 1FDUF5GTXCEA72257 | |||
Ideco | BIR 3087 | 1979 | ALRR758 | |||
Chevy | Silverado | 2011 | 1GB4CZCG4BF242798 | |||
GMC | Silverado 1500 | 2011 | 1GTR2VE37BZ218937 | |||
Chevy | Silverado 1500 | 2011 | 1GCRKSE34BZ187113 | |||
Dodge | Ram 3500 4x4 | 2012 | 3C7WDTCL3CG198145 | |||
Chevy | Sivlerado | 2009 | 3GCEK23319G212612 | |||
Chevy | Pick-up | 2010 | 1GCPKPE09AZ174995 | |||
GMC | Sierra | 2011 | 1GTN2TE04BZ155529 | |||
Chevy | Pick-up | 2011 | 1GB4KZCG6BF166746 | |||
Dodge | Ram 1500 4x4 | 2011 | 1D7RV1CTXBS593352 | |||
GMC | Pick-up | 2011 | 1GTN2TE02BZ428211 | |||
Chevy | Silverado 1500 | 2012 | 3GCPKSE74CG199533 | |||
Chevy | Silverado 1500 | 2012 | 1GCNKPE09CZ271835 | |||
Dodge | Ram 3500 4x4 | 2011 | 3D6WZ4ET5BG533688 | |||
Ford | F-250 | 2011 | 1FTBF2B68BEC70619 | |||
Chevy | Pick-up | 2011 | 1GCOKVCG6BF231372 | |||
Chevy | Silverado | 2013 | 1GC0KVCG0DF110050 | |||
Ranger | Polaris | 2012 | 4XATH76A7C2257350 |
The undersigned Borrower represents and warrants that it has acquired the Substitute Equipment at its sole expense, that the purchase price of the Substitute Equipment has been paid in full by Borrower, and that the Substitute Equipment is free and clear of any liens, security interest and other encumbrances except for the rights of Lender under the above Loan and the documents related to it.
Except as expressly amended hereby, the above Loan and all documents related to it remain in full force and effect.
NOW, THEREFORE, the above Acknowledgement has been read and is hereby agreed to by the undersigned parties on this 15th day of January, 2014.
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EASTERN OIL WELL SERVICE COMPANY | JPMORGAN CHASE BANK, N.A. | |||||||
(Borrower) | (Lender) | |||||||
By: | /s/ Beverly A. Cummings | By: | /s/ Teri Fancelli | |||||
Beverly A. Cummings | Terri Fancelli | |||||||
Title: | Executive Vice President | Title: | Authorized Signer | |||||
EOWS MIDLAND COMPANY | ||||||||
(Borrower) | ||||||||
By: | /s/ Beverly A. Cummings | |||||||
Beverly A. Cummings | ||||||||
Title: | Executive Vice President | |||||||
SOUTHWEST OILFIELD CONSTRUCTION COMPANY | ||||||||
(Borrower) | ||||||||
By: | /s/ Beverly A. Cummings | |||||||
Beverly A. Cummings | ||||||||
Title: | Executive Vice President |
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