DIVIDEND DISTRIBUTION AGREEMENTDividend Distribution Agreement • August 31st, 2006 • Venoco, Inc. • Crude petroleum & natural gas
This Dividend Distribution (“Agreement”) is made effective as of August 29, 2006 (“Effective Date”) by and between, VENOCO, INC., a Delaware corporation (“Venoco”), TIMOTHY M. MARQUEZ AND BERNADETTE B. MARQUEZ, AS TRUSTEES OF THE MARQUEZ TRUST, UNDER TRUST AGREEMENT DATED FEBRUARY 26, 2002, AS AMENDED (“Trust”), and CARPINTERIA BLUFFS, LLC, a Colorado limited liability company (“Bluffs”). Venoco, Trust and Bluffs are individually referred to as a “Party” and collectively as “Parties” in this Agreement. Trust and Bluffs are sometimes collectively referred to as “Marquez” in this Agreement.
