As previously reported, on June 22, 2020, Hi-Crush Inc. (the "company") and certain of its subsidiaries entered into a forbearance agreement and amendment to the company's senior secured revolving credit facility (the "ABL Credit Facility") with the lenders under the ABL Credit Facility (the "ABL Lenders" and, such agreement, the "Forbearance Agreement"). Pursuant to the Forbearance Agreement, the ABL Lenders agreed to forbear from exercising default-related rights and remedies with respect to the company's failure to be in compliance with the springing fixed charge coverage ratio financial covenant under the ABL Credit Facility (the "Specified Default") until the earlier of (a) 11:59 p.m., Houston time on July 5, 2020 or (b) the date the Forbearance Agreement otherwise terminates in accordance with its terms. On July 3, 2020, the company and certain of its subsidiaries entered into an Amendment (the "Amendment") with respect to the Forbearance Agreement with the ABL Lenders, pursuant to which the ABL Lenders agreed to extend the term of the Forbearance Agreement until the earlier of (a) 11:59 p.m., Houston time on July 12, 2020 or (b) the date the Forbearance Agreement otherwise terminates in accordance with its terms. The occurrence or continuation of another event of default under the ABL Credit Facility, a breach of any representation or warranty in the Forbearance Agreement or the failure to comply with any term or agreement in the Forbearance Agreement, will result in the early termination of the forbearance period.