Common Contracts
1 similar Management Services Agreement Term contracts
New Management Services Agreement Term SheetManagement Services Agreement Term • February 23rd, 2018
Business Plan: Upon the approval of an Annual Budget by the post-bankruptcy Company’s Board of Directors (the “Board”), the Manager will implement a one-rig drilling plan and then subsequently work according to the annual budget then in effect (the “Annual Budget”), as timely approved by the Board in consultation with the Manager, to provide Services (as defined below) in connection with the management of the Company’s oil and gas properties (the “Properties”) which will be subject to further approval by the Board in the event that:
