THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

Quicksilver Resources, Inc. (KWK)

4/7/2006 Proxy Information

Thomas F. Darden, Glenn Darden and Anne Darden Self are siblings.

Quicksilver paid $1,032,000 in 2005 and expects to pay $1,235,000 in 2006, for rent on buildings owned by Pennsylvania Avenue, L.P., a limited partnership owned by members of the Darden family and Mercury. Rental rates are determined based on comparable rates charged by third parties. In February 2006, Quicksilver entered into an amendment to its lease with Pennsylvania Avenue to increase the amount of office space covered thereby. In conjunction with this lease amendment, Quicksilver also agreed to sublease a portion of the property it leases to Mercury. At December 31, 2005, Quicksilver had future lease obligations to Pennsylvania Avenue of $3.8 million through 2009. The lease amendment increases the obligation by $0.6 million. Quicksilver received from Mercury $102,000 in 2005 and expects to receive from Mercury $120,000 in 2006 as reimbursements for property and casualty insurance, rent, workers compensation insurance and health insurance premiums paid or to be paid for the benefit of Mercury. Quicksilver paid $11,400 in 2005 for the use of an airplane owned by Panther City Aviation LLC, a limited liability company owned in part by Thomas F. Darden. During 2006, Quicksilver has paid Regal Aviation LLC, an unrelated airplane management company, $44,000 for use of an airplane owned by Sevens Aviation, LLC, a limited liability company owned indirectly by members of the Darden family. Usage rates are determined based on comparable rates charged by third parties. Quicksilver expects to continue to use the plane in 2006, but is unable to predict the aggregate usage fees that it will pay Regal Aviation LLC.

Prior to joining Quicksilver, Mr. Darden was employed by Mercury Exploration or its parent corporation, Mercury Production Company, for 22 years. He became President of MSR Exploration Ltd. on March 7, 1997. On January 1, 1998, Mr. Darden was named Chairman and Chief Executive Officer of MSR Exploration. He was elected Quicksilver’s President when Quicksilver was formed and then Chairman and Chief Executive Officer on March 4, 1999, the date Quicksilver acquired MSR Exploration. He served as Quicksilver’s Chief Executive Officer until November 1999.

11/28/2005 8K Information

Mr. Boix-Vives, 79, served as the Chairman of the board of directors and Chief Executive Officer of Skis Rossignol S.A. (“Rossignol”), a winter sports and golf equipment manufacturer, from 1955 until the Company’s acquisition of Rossignol in July 2005. In connection with the Company’s acquisition of Rossignol, the Company’s board of directors agreed to propose to the Company’s stockholders Mr. Boix-Vives’ appointment to the board of directors of the Company.

On April 12, 2005, the Company entered into an acquisition agreement with Mr. Boix-Vives, his wife Ms. Jeannine Boix-Vives, his daughters Ms. Christine Simon and Ms. Sylvie Bernard, and SDI Société de Services et Développement, a Swiss corporation owned by the Boix-Vives family (collectively, the “Boix-Vives Family”), to directly and indirectly acquire their Rossignol stock, minority shareholdings held by the Boix-Vives Family in certain subsidiaries of Rossignol, and a controlling interest in a holding company (the “Holding Company”) which also holds Rossignol shares. The Company also made an advance cash payment to the Boix-Vives Family in an amount of approximately $8.4 million, and deposited approximately $50.7 million into escrow. At the July 26, 2005 closing, the Company, among other things: (i) released the $50.7 million held in escrow to the Boix-Vives Family, (ii) paid an additional approximately $13.5 million to the Boix-Vives Family, and (iii) issued to the Boix-Vives Family 2,150,038 shares of the Company’s common stock. The Boix-Vives Family is prohibited from selling the shares of common stock of the Company that they received in the transaction until July 26, 2008. As required by the acquisition agreement, the Company also initiated a cash tender offer for, and ultimately purchased, all of the remaining shares of Rossignol not controlled by the Boix-Vives Family.

The Company now owns all of the common shares in the Holding Company, which owns 44.46% of Rossignol’s economic interest and 56.90% of Rossignol’s voting rights. The remaining 55.54% of Rossignol’s economic interest and 43.10% voting rights in Rossignol are held by the Company or its other subsidiaries. The Boix-Vives Family continues to own restricted shares in the Holding Company. Beginning in April of 2010, the Company has a call option to purchase, and the Boix-Vives Family has a put option to require the Company to purchase, the restricted shares for an aggregate purchase price of approximately $32.5 million plus interest. The Company has accounted for the option price as deferred purchase price. The restricted shares, which secure the Company’s call option, have limited voting and other rights and the Boix-Vives Family is prohibited from transferring these shares to a third party until April 12, 2015, subject to limited exceptions.

In addition, pursuant to a consulting agreement dated April 12, 2005 between the Company and the Boix-Vives Family, the Boix-Vives Family will provide advisory and consulting services to the Company for a period of five years following July 26, 2005, including with respect to the branding and marketing strategy of Rossignol and its subsidiaries, their relations with the press, distributors, customers and local representatives, as well as the organization of the 2006 Winter Olympic Games in Italy and the 100 th anniversary of the Rossignol brand in 2007. The aggregate consideration payable to the Boix-Vives Family for such services over the five year period is approximately Ř 3,900,000, none of which has been paid as of the date hereof.

As part of the acquisition of Rossignol, the Company also acquired approximately 64% of Roger Cleveland Golf Company, Inc. (“Cleveland Golf”) while the Boix-Vives Family retained approximately 36% of Cleveland Golf. The Company and the Boix-Vives Family have entered into a shareholders’ agreement with respect to their respective holdings in Cleveland Golf. The shareholders’ agreement provides that Mr. Boix-Vives shall be appointed the Chairman of the Board of Directors of Cleveland Golf and further provides that the Boix-Vives Family will not interfere in the management of Cleveland Golf, other than to exercise their rights as shareholders of Cleveland Golf and for Mr. Boix-Vives to perform his duties as Chairman. The Company is obligated to ensure that Cleveland Golf distributes to its shareholders each year at least 20% of its distributable income earned in the prior fiscal year.

The Boix-Vives Family and the Company are prohibited from transferring their shares in Cleveland Golf to a third party until October 12, 2009. Between October 12, 2009 and April 12, 2012, the Company has a preemptive right to purchase any shares proposed to be transferred by the Boix-Vives Family and the Boix-Vives Family has a preemptive right to purchase any shares proposed to be transferred by the Company. In the event the Company proposes to transfer control of Cleveland Golf to a third party between October 12, 2009 and April 12, 2012, the Boix-Vives Family has the right to have their shares in Cleveland Golf included in such transfer upon the same terms. Beginning in April of 2012, the Company has a call option to purchase, and, beginning in October 2009, the Boix-Vives Family has a put option to require the Company to purchase, the Boix-Vives Family interest in Cleveland Golf. The put and call option price will be paid exclusively in cash, will be determined by reference to a multiple of (i) the weighted average of Cleveland Golf’s profits before non-recurring items in the three years preceding the exercise of the put or call option, as the case may be, applying a multiple of one for the most remote year, two for the second year and three for the most recent year before such exercise, and (ii) the Company’s price earnings ratio based on (a) the daily weighted average price of its common stock during a 60-day trading period on the New York Stock Exchange and (b) the Company’s net earnings per share before non-recurring items, on a non-diluted basis, for the fiscal year preceding the exercise of the put or call option, as the case may be, provided that such price earnings ratio may not be lower than 15 to one or higher than 17 to one.

Following the Company’s acquisition of Rossignol, the Company repaid the majority of Cleveland Golf’s outstanding indebtedness under its third party lines of credit, totaling approximately $5.0 million, and its outstanding intercompany indebtedness with a U.S. subsidiary of Rossignol, totaling approximately $30.0 million. The aggregate amount of the indebtedness repaid by the Company for the benefit of Cleveland Golf is subject to a revolving line of credit with the Company that bears interest at a rate of 5.9% per year. The Company also intends to include Cleveland Golf as a guarantor under its Credit Agreement dated April 12, 2005 by and between the Company, Quiksilver Americas, Inc., JP Morgan Chase Bank, N.A., JP Morgan Chase Bank, N.A., London Branch and the other banks and financial institutions that are parties to such agreement from time to time (the “Credit Agreement”). In connection with Cleveland Golf’s guaranty under the Credit Agreement, it will pledge certain of its assets to secure the Company’s indebtedness thereunder.

Under the terms of the Company’s Indenture Agreement by and between the Company, certain of the Company’s subsidiaries and the Wilmington Trust Company dated July 22, 2005 (the “Indenture”), the Company also intends to include Cleveland Golf as a guarantor of the $400,000,000 of 6 7/8% Senior Notes issued by the Company pursuant to such Indenture.

Cleveland Golf also sells certain of its products to the Company’s subsidiaries in Europe and Japan pursuant to distribution arrangements. The pricing and other material terms related to such distribution agreements are no more favorable to Cleveland Golf than its distribution arrangements with its unrelated third party distributors. Since July 2005, the Company’s other subsidiaries have purchased approximately $3.2 million of products from Cleveland Golf.

4/18/2005 Proxy Information

Thomas F. Darden, Glenn Darden and Anne Darden Self are siblings.

Mercury, a corporation of which members of the Darden family are stockholders and directors, paid Quicksilver $103,000 in 2004 to reimburse Quicksilver for property and casualty insurance, workers compensation insurance and health insurance it paid for the benefit of Mercury. Quicksilver paid $860,000 in 2004 for rent on buildings owned by Pennsylvania Avenue Limited Partnership, a limited partnership owned by members of the Darden family and Mercury. Rental rates were determined based on comparable rates charged by third parties. Quicksilver paid $5,600 in 2004 for the use of an airplane owned by Panther City Aviation LLC, a limited liability company owned in part by Thomas F. Darden.