0001193125-04-086165 Sample Contracts

WARRANT AGREEMENT
Warrant Agreement • May 12th, 2004 • Syntroleum Corp • Crude petroleum & natural gas • Delaware

THIS WARRANT AGREEMENT (the “Agreement”), dated as of April 26, 2004, is made and entered into by and between Syntroleum Corporation, a Delaware corporation (the “Company”), and Sovereign Oil & Gas Company II, LLC, a Texas limited liability company (the “Warrantholder”). This Agreement is being executed in connection with the Joint Development Agreement dated as of March 1, 2004 by and between the Company and the Warrantholder (the “JD Agreement”).

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REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • May 12th, 2004 • Syntroleum Corp • Crude petroleum & natural gas • Delaware

THIS REGISTRATION RIGHTS AGREEMENT is entered into effective as of April 26, 2004 by and between Syntroleum Corporation, a Delaware corporation (the “Company”), and Sovereign Oil & Gas Company II, LLC, a Texas limited liability company (“Sovereign”).

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