LETTER LOAN AGREEMENTLetter Loan Agreement • August 14th, 2013 • Lucas Energy, Inc. • Crude petroleum & natural gas • Texas
The undersigned, Lucas Energy, Inc., a corporation duly organized and existing under the laws of the State of Nevada (“LEI”), with its principal place of business at 3555 Timmons Lane, Suite 1550, Houston, Texas, 77027, as Borrower, has requested that Louise H. Rogers (“Rogers”), as Lender, lend to LEI the sum of $7,500,000.00. Capitalized terms in this Letter Loan Agreement (as may be amended from time to time, this “Agreement”) that are not defined in the text are defined in Schedule A, entitled “Definitions,” and Schedule A is incorporated by reference into this Agreement. Subject to the terms of this Agreement, LEI and Rogers agree as follows:
ContractCommon Stock Purchase Warrant • August 14th, 2013 • Lucas Energy, Inc. • Crude petroleum & natural gas • Texas
THIS WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE SECURITIES LAW, AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED, PLEDGED, HYPOTHECATED OR OTHERWISE DISPOSED OF OR EXERCISED UNLESS (i) A REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS SHALL HAVE BECOME EFFECTIVE WITH REGARD THERETO, OR (ii) AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS IS AVAILABLE IN CONNECTION WITH SUCH OFFER, SALE OR TRANSFER.
SECURITY AGREEMENTSecurity Agreement • August 14th, 2013 • Lucas Energy, Inc. • Crude petroleum & natural gas • Texas
This Security Agreement (“Security Agreement”) is made as of August 13, 2013 (the “Effective Date”), by and between Lucas Energy, Inc., a Nevada corporation (“LEI”) (as Maker), its principal place of business at 3555 Timmons Lane, Suite 1550, Houston, Texas, 77027; and Louise H. Rogers, an individual who resides in Tyler, Texas, as her separate property (“Rogers”). LEI and Rogers are collectively referred to in this Security Agreement as the “Parties.”
