ENDEAVOUR INTERNATIONAL CORPORATION WARRANT AGREEMENT FOR THE PURCHASE OF SHARES OF COMMON STOCKWarrant Agreement • January 15th, 2013 • Endeavour International Corp • Crude petroleum & natural gas • Nevada
BY THIS WARRANT AGREEMENT (this “Warrant Agreement”), ENDEAVOUR INTERNATIONAL CORPORATION, a Nevada corporation (the “Company”), certifies that, for good and valuable consideration in connection with the letters of credit issued on the date hereof to Hess Limited for the benefit of the Company’s subsidiary, Endeavour Energy UK Limited, the receipt and sufficiency of which are hereby acknowledged, HBK Master Fund L.P. (along with its registered permitted assigns, each a “Holder”), is entitled to subscribe for and purchase from the Company, subject to the terms and conditions set forth herein, 1,000,000 (subject to adjustment as set forth herein) fully paid and non-assessable shares (the “Shares”) of the Company’s Common Stock (as defined herein), at a price per share equal to US$7.31 per Share (the “Exercise Price”), subject to adjustment as set forth herein.
ENDEAVOUR ENERGY UK LIMITED (the “Payer”) MAX PARTICIPATIONS II S.À R.L. (the “Payee”) ENDEAVOUR INTERNATIONAL CORPORATION (the “Guarantor”) LOC PROCUREMENT AGREEMENT ____________________________________________________________ CONTENTSLoc Procurement Agreement • January 15th, 2013 • Endeavour International Corp • Crude petroleum & natural gas
