PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • April 16th, 2007 • EnerJex Resources, Inc. • Crude petroleum & natural gas • New York
This PLEDGE AND SECURITY AGREEMENT, (the “Agreement”), dated as of April 11, 2007, by and among Midwest Energy, Inc., a Nevada corporation, with headquarters located at 7300 West 110th Street, Seventh Floor, Overland Park, Kansas 66210 (the “Company”), EnerJex Resources, Inc., a Nevada corporation, with headquarters located at 7300 West 110th Street, Seventh Floor, Overland Park, Kansas 66210 (the “Guarantor” and the Guarantor together with the Company, the “Debtors” and each a “Debtor”) and such Holders of those certain Senior Secured Debentures due as of the date hereof (or other date as set forth therein) (each a “Secured Party” and together, the “Secured Parties”) in the aggregate principal amount of $9,000,000, as the same may be amended from time to time, (the “Debentures”), issued by the Company to the Secured Parties in connection with that certain Securities Purchase Agreement entered into by and among the Company and the Secured Parties, and guaranteed by the Guarantor, on th
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • April 16th, 2007 • EnerJex Resources, Inc. • Crude petroleum & natural gas • New York
REGISTRATION RIGHTS AGREEMENT (this “Agreement”), dated as of April 11, 2007, by and between EnerJex Resources, Inc., a Nevada corporation, with headquarters located at 7300 West 110th, Seventh Floor, Overland Park, Kansas 66210 (“Parent”), and the undersigned buyers (each individually, a “Buyer,” and collectively, the “Buyers”).
SECURED GUARANTYSecured Guaranty • April 16th, 2007 • EnerJex Resources, Inc. • Crude petroleum & natural gas • New York
THIS SECURED GUARANTY (this “Guaranty”), dated as of April 11, 2007, is made by EnerJex Resources, Inc., a Nevada corporation, with headquarters located at 7300 West 110th Street, Seventh Floor, Overland Park, Kansas 66210 (the “Guarantor”)
JOINT EXPLORATION AGREEMENTLetter Agreement • April 16th, 2007 • EnerJex Resources, Inc. • Crude petroleum & natural gas • Nevada
This Agreement dated March 30, 2007, and having an effective date of March 30, 2007, is made by and between MorMeg, LLC, a Kansas limited liability company, referred to herein as “MorMeg,” and EnerJex Resources, Inc., a Nevada corporation, referred to herein as ”EnerJex.” MorMeg and EnerJex are jointly referred to herein as “the parties”. It is the desire of the parties to enter into this Joint Exploration Agreement (JEA) to define the terms of a joint exploration effort in Woodson and Greenwood Counties, Kansas, and this (JEA) shall govern the joint exploration project. To this end, the parties agree to the following recitals:
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • April 16th, 2007 • EnerJex Resources, Inc. • Crude petroleum & natural gas • New York
SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of April 11, 2007, by and among Midwest Energy, Inc., a Nevada corporation, with headquarters located at 7300 West 110th Street, Seventh Floor, Overland Park, Kansas 66210 (the “Company”), EnerJex Resources, Inc., a Nevada corporation, with headquarters located at 7300 West 110th Street, Seventh Floor, Overland Park, Kansas 66210 (“Parent”) and the investors listed on the Schedule of Buyers attached hereto (each individually, a “Buyer,” and collectively the “Buyers”).
