ASSIGNMENT OF HEDGE PROCEEDSAssignment of Hedge • January 25th, 2007 • MV Oil Trust • Crude petroleum & natural gas
This Assignment of Hedge Proceeds (this “Assignment”) dated as of January 24, 2007 is between MV Partners, LLC, a Kansas limited liability company (successor by conversion to MV Partners, LP, a Kansas limited partnership) (“Assignor”) and The Bank of New York Trust Company, N.A., acting not in its individual capacity but solely as trustee of the MV Oil Trust, a Delaware statutory trust (“Assignee”). This Assignment is entered into in connection with the execution and delivery by the Assignor to the Assignee of that certain Conveyance of Net Profits Interest dated of even date herewith (the “Conveyance”). Capitalized terms used but not defined in this Assignment shall have the meaning given to such term in the Conveyance.
