INDEMNITY AGREEMENTCopy Indemnity Agreement • May 23rd, 2007 • Tekoil & Gas Corp • Oil & gas field services, nec • Texas
This INDEMNITY AGREEMENT (herein so called) dated as of May 11, 2007 (the “Effective Date”) is made by MASTERS RESOURCES, L.L.C., MASTERS OIL & GAS, L.L.C., and MASTERS PIPELINE, L.L.C., all Texas limited liability companies (collectively, “Masters”), and TEKOIL & GAS GULF COAST, LLC, a Delaware limited liability company (“Tekoil”). In this Indemnity Agreement, Masters, collectively or individually, and Tekoil, individually, are sometimes called the “Party”, and Masters and Tekoil are collectively sometimes called the “Parties”).
