SECURITY AGREEMENTSecurity Agreement • March 29th, 2023 • White River Energy Corp. • Transportation services
SECURITY AGREEMENT, dated as of December 16, 2022 (this “Agreement”), among White River Energy Corp, a Nevada corporation (“White River” or the “Company”), White River Holdings Corp, a Delaware corporation, White River E&P Management 1 LLC, a Delaware limited liability company, White River Energy LLC, a Texas limited liability company, White River E&P LLC, a Texas limited liability company, White River SPV 2 LLC, a Texas limited liability company, White River SPV 3 LLC, a Texas limited liability company, and White River Operating LLC, a Texas limited liability company (collectively with the Company, the “Debtors”) and the holders of the Company’s 10% Senior Secured Notes due September 16, 2023 in the original aggregate principal amount of $1,666,666.67 (the “Notes”), signatory hereto, its endorsees, transferees and assigns (the “Secured Party”).
CORPORATE GUARANTEECorporate Guarantee • March 29th, 2023 • White River Energy Corp. • Transportation services • Nevada
GUARANTEE, dated as of December 16, 2022, made by White River Holdings Corp, a Delaware corporation, White River E&P Management 1 LLC, a Delaware limited liability company, White River Energy LLC, a Texas limited liability company, White River E&P LLC, a Texas limited liability company, White River SPV 2 LLC, a Texas limited liability company, White River SPV 3 LLC, a Texas limited liability company, and White River Operating LLC, a Texas limited liability company( collectively, the “Guarantors”), in favor of Smithline Family Trust I ( the “Purchaser”).
MEMBERSHIP INTEREST PURCHASE AGREEMENTMembership Interest Purchase Agreement • March 29th, 2023 • White River Energy Corp. • Transportation services • Delaware
THIS MEMBERSHIP INTEREST PURCHASE AGREEMENT (the “Agreement”) is made as of January 23, 2023 (the “Effective Date”) by and among Commenda Inc., a Delaware corporation (“Seller”), on the one hand, and White River Holdings Corp., a Delaware corporation (“Purchaser”), on the other. Seller and the Company are sometimes collectively referred to herein as “Sellers”. Seller, the Company, and Purchaser are hereinafter each referred to individually as a “Party” and collectively as the “Parties.”
