EXHIBIT 10.30
$150,000,000
364-DAY CREDIT AGREEMENT
DATED AS OF MARCH 6, 2002
AMONG
COOPER CAMERON CORPORATION,
AND THE OTHER BORROWERS NAMED HEREIN
AS BORROWERS,
THE LENDERS NAMED HEREIN,
BANK ONE, NA
AS AGENT,
BANC ONE CAPITAL MARKETS, INC.
AS LEAD ARRANGER AND SOLE BOOK RUNNER,
CREDIT LYONNAIS NEW YORK BRANCH
AS SYNDICATION AGENT,
AND
ABN AMRO BANK, N.V.
THE BANK OF NOVA SCOTIA
THE ROYAL BANK OF SCOTLAND PLC
AS DOCUMENTATION AGENTS
DATED AS OF
MARCH 6, 2002
TABLE OF CONTENTS
Page
ARTICLE I DEFINITIONS
1
ARTICLE II THE CREDITS
15
2.1 Commitment
15
2.2 Determination of Dollar Amounts; Required Payments; Termination
15
2.3 Ratable Loans
15
2.4 Types of Advances
15
2.5 Swing Line Loans
16
2.6 Facility Fee; Usage Fee; Reductions in Aggregate Commitment
19
2.7 Minimum Amount of Each Advance
20
2.8 Optional Principal Payments
20
2.9 Method of Selecting Types and Interest Periods for New Advances
20
2.10 Conversion and Continuation of Outstanding Advances
21
2.11 Method of Borrowing
22
2.12 Changes in Interest Rate, etc
22
TABLE OF CONTENTS
-i-
TABLE OF CONTENTS
Page
ARTICLE I DEFINITIONS
1
ARTICLE II THE CREDITS
15
2.1 Commitment
15
2.2 Determination of Dollar Amounts; Required Payments; Termination
15
2.3 Ratable Loans
15
2.4 Types of Advances
15
2.5 Swing Line Loans
16
2.6 Facility Fee; Usage Fee; Reductions in Aggregate C