Director Nomination and Board Observer Agreement Sample Contracts

DIRECTOR NOMINATION AND BOARD OBSERVER AGREEMENT
Director Nomination and Board Observer Agreement • November 21st, 2023 • HNR Acquisition Corp. • Crude petroleum & natural gas • Delaware

THIS DIRECTOR NOMINATION AND BOARD OBSERVER AGREEMENT (this “Agreement”) is made and entered into as of November 15, 2023, by and between HNR Acquisition Corp, a Delaware corporation (the “Company”), and CIC Pogo LP, a Delaware limited partnership (“CIC” or “Seller”). Capitalized terms used but not otherwise defined in this Agreement have the respective meanings given to them in the MIPA (as defined below).