0001279569-08-000119 Sample Contracts

TRUST INDENTURE DATED AS OF THE 17TH DAY OF DECEMBER, 2002 AMONG ACCLAIM ENERGY TRUST AND ACCLAIM ENERGY INC. AND COMPUTERSHARE TRUST COMPANY OF CANADA PROVIDING FOR THE ISSUE OF DEBENTURES
Trust Indenture • January 23rd, 2008 • Penn West Energy Trust • Crude petroleum & natural gas • Alberta

ACCLAIM ENERGY TRUST, an open ended trust governed under the laws of the Province of Alberta and having its head office in the City of Calgary, in the Province of Alberta (hereinafter called the "Trust")

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SECOND SUPPLEMENTAL TRUST INDENTURE
Second Supplemental Trust Indenture • January 23rd, 2008 • Penn West Energy Trust • Crude petroleum & natural gas • Alberta

ACCLAIM ENERGY TRUST, an open ended trust governed under the laws of the Province of Alberta and having its head office in the City of Calgary, in the Province of Alberta (hereinafter called "Acclaim")

FOURTH SUPPLEMENTAL TRUST INDENTURE
Fourth Supplemental Trust Indenture • January 23rd, 2008 • Penn West Energy Trust • Crude petroleum & natural gas • Alberta

CANETIC RESOURCES TRUST, an open ended trust governed under the laws of the Province of Alberta and having its head office in the City of Calgary, in the Province of Alberta (hereinafter called "CaneticTrust")

FIRST SUPPLEMENTAL TRUST INDENTURE
First Supplemental Trust Indenture • January 23rd, 2008 • Penn West Energy Trust • Crude petroleum & natural gas • Alberta

The undersigned registered holder of 8% Convertible Extendible Unsecured Subordinated Debentures bearing Certificate No. • irrevocably elects to convert such Debentures (or $• principal amount thereof*) in accordance with the terms of the Supplemental Indenture referred to in such Debentures and tenders herewith the Debentures, and, if applicable, directs that the Trust Units of Acclaim Energy Trust issuable upon a conversion be issued and delivered to the person indicated below. (If Trust Units are to be issued in the name of a person other than the holder, all requisite transfer taxes must be tendered by the undersigned).

THIRD SUPPLEMENTAL TRUST INDENTURE
Third Supplemental Trust Indenture • January 23rd, 2008 • Penn West Energy Trust • Crude petroleum & natural gas • Alberta

The undersigned registered holder of 6.5% Convertible Extendible Unsecured Subordinated Debentures bearing Certificate No. • irrevocably elects to convert such Debentures (or $• principal amount thereof*) in accordance with the terms of the Supplemental Indenture referred to in such Debentures and tenders herewith the Debentures, and, if applicable, directs that the Trust Units of Canetic Resources Trust issuable upon a conversion be issued and delivered to the person indicated below. (If Trust Units are to be issued in the name of a person other than the holder, all requisite transfer taxes must be tendered by the undersigned).

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