SECURITY AGREEMENTSecurity Agreement • February 8th, 2008 • Hyperdynamics Corp • Crude petroleum & natural gas • New Jersey
THIS SECURITY AGREEMENT (the “Agreement”), is entered into and made effective as of February 6, 2008, by and between HYPERDYNAMICS CORPORATION, a Delaware corporation with its principal place of business located in Sugar Land Texas (the “Company”) and the undersigned subsidiaries of the Company (each a “Guarantor,” and collectively together with the Company, the “Grantors”), in favor YA GLOBAL INVESTMENTS, L.P. (the “Secured Party”).
GUARANTYGuaranty Agreement • February 8th, 2008 • Hyperdynamics Corp • Crude petroleum & natural gas • New Jersey
This GUARANTY AGREEMENT (“Agreement”), dated as of February 6, 2008 is made by HYD RESOURCES CORPORATION (the “Guarantor”), in favor of YA GLOBAL INVESTMENTS, L.P. (the “Secured Party”).
CONTROL ACCOUNT AGREEMENT (Deposit Account)Control Account Agreement • February 8th, 2008 • Hyperdynamics Corp • Crude petroleum & natural gas • Texas
This Control Account Agreement (“Agreement”) is entered into effective the ______ day of February 2008, by, between, and among The Frost National Bank, a national banking association (“Bank”), Trendsetter Productions, a Mississippi Corporation (“Debtor”) and YA Global Investments, L.P., a Cayman Islands exempt partnership (“Secured Party”).
ESCROW AGREEMENTEscrow Agreement • February 8th, 2008 • Hyperdynamics Corp • Crude petroleum & natural gas • New Jersey
This ESCROW AGREEMENT (the “Agreement”) is made and entered into on February 6, 2008, by and among HYPERDYNAMICS CORPORATION (the “Company”), YA GLOBAL INVESTMENTS, L.P., (the “Buyer”), YORKVILLE ADVISORS, LLC (“Investment Manager”), and DAVID GONZALEZ, ESQ., as escrow agent (the “Escrow Agent”). The Company, the Buyer, and Yorkville may be referred to individually as a “Party” or collectively as the “Parties.” All capitalized terms used herein but not defined herein shall have the meanings ascribed to them in that certain Securities Purchase Agreement dated February 6, 2008 entered into by and between the Company and the Buyer (the “Securities Purchase Agreement”).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • February 8th, 2008 • Hyperdynamics Corp • Crude petroleum & natural gas • New Jersey
THIS SECURITIES PURCHASE AGREEMENT (this “Agreement”), dated as of February 6, 2008, by and among Hyperdynamics Corporation, a Delaware corporation (the “Company”), and the Buyers listed on Schedule I attached hereto (individually, a “Buyer” or collectively “Buyers”).
IRREVOCABLE TRANSFER AGENT INSTRUCTIONSHyperdynamics Corp • February 8th, 2008 • Crude petroleum & natural gas
This letter shall serve as our irrevocable authorization and direction to Fidelity Transfer Company (the “Transfer Agent”) to do the following:
