13D Filing: Strategic Value Partners, LLC and Penn Virginia Corp (PVAC)

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if to the Company:

 

Penn Virginia Corporation
14701 St. Marys Lane, Suite 275
Houston, TX 77079

Attention:            Chief Legal Officer

Email:                  katie.ryan@pennvirginia.com

 

With a copy (which shall not constitute notice) to:

 

Gibson, Dunn & Crutcher LLP
1221 McKinney Street

Houston, TX 77010-2046

Attention:            Hillary H. Holmes

Email:                  hholmes@gibsondunn.com

 

if to Shareholder:

 

Strategic Value Partners, LLC
100 West Putnam Ave.
Greenwich, CT 06830

Attention:            David B. Charnin

Email:                  dcharnin@svpglobal.com

 

With a copy (which shall not constitute notice) to:

 

Proskauer Rose LLP
Eleven Times Square
New York, NY 10036-8299

Attention:            Arnold S. Jacobs

Email:                  ajacobs@proskauer.com

 

13.                               Severability.  If at any time subsequent to the date hereof, any provision of this Agreement shall be held by any court of competent jurisdiction to be illegal, void or unenforceable, such provision shall be of no force and effect, but the illegality or unenforceability of such provision shall have no effect upon the legality or enforceability of any other provision of this Agreement.

 

14.                               Counterparts.  This Agreement may be executed in two or more counterparts which together shall constitute a single agreement.

 

15.                               Successors and Assigns.  This Agreement shall not be assignable by any of the parties to this Agreement.  This Agreement, however, shall be binding on successors of the parties hereto.

 

16.                               No Third Party Beneficiaries.  This Agreement is solely for the benefit of the parties hereto and is not enforceable by any other persons, except with respect to Shareholder Designee (including any Replacement).

 

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