Daybreak Oil & Gas, Inc. Watch

from 10-Q 2 pages February 10, 2017 via Electronic Mail Only Maximilian Resources, LLC 250 West 55th Street, 14th Floor New York, Ny 10019 Attention: Zach Weiner Re: Loan From Maximilian Resources LLC, to Daybreak Oil and Gas, Inc. Amount: Bank: Routing Number (Aba): Account No.: Account Name: To Induce Lender to Make the Advance Requested Above, the Undersigned Hereby Certifies to Lender as Follows: 1. All Information, Including Without Limitation, All Representations, Exhibits, Financial Statements and Other Materials, Submitted to Lender by Borrower or Any Affiliate in Connection With or in Support of the Loan Continues to Be Correct and Accurate as of the Date Hereof; and 2

from 10-Q 6 pages Fourth Amendment to Amended and Restated Loan and Security Agreement and Consent Agreement

from 10-Q 14 pages Third Amendment to Loan and Security Agreement

from 10-Q 32 pages Third Amendment to Amended and Restated Loan and Security Agreement and Second Warrant Amendment

from 10-K 3 pages Second Amendment to Loan and Security Agreement

from 10-K 7 pages Second Amendment to Amended and Restated Loan and Security Agreement and Warrant Amendment

from 10-Q 3 pages First Amendment to Loan and Security Agreement

from 10-Q 5 pages First Amendment to Amended and Restated Loan and Security Agreement and Share Repurchase Agreement

from 8-K 30 pages Loan and Security Agreement

from 8-K 33 pages Amended and Restated Loan and Security Agreement

from 8-K 30 pages Loan and Security Agreement

from 8-K 5 pages Loan Agreement

from 10-Q 2 pages Loan Extension Agreement

from 10-Q 12 pages B the Borrower Understands and Agrees That Ubs Bank USA May Demand Full or Partial Payment of the Credit Line Obligations, at Its Sole Option and Without Cause, at Any Time, and That Neither Fixed Rate Advances Nor Variable Rate Advances Are Extended for Any Specific Term or Duration, Notwithstanding the Duration of Any Interest Period Selected. the Borrower Understands and Agrees That All Advances Are Subject to Collateral Maintenance Requirements. the Borrower Understands That Ubs Bank USA May, at Any Time, in Its Sole and Absolute Discretion, Terminate and Cancel the Credit Line Regardless of Whether or Not an Event Has Occurred

from 10KSB 3 pages Warehousing Line of Credit Promissory Note