NET PROFITS INTEREST AGREEMENTNet Profits Interest Agreement • January 19th, 2022 • Laredo Oil, Inc. • Crude petroleum & natural gas • Colorado
This Net Profits Interest Agreement (this “Agreement”) dated October [●], 2021 (the “Effective Date”), is by and among Lustre Oil Company LLC, a Montana limited liability company (“Lustre”), Erehwon Oil & Gas, LLC, a Colorado limited liability company (“Erehwon” and together with Lustre, “Owners”), Olfert No. 11-4 Holdings, LLC, a Montana limited liability company (“Holdings”), and Laredo Oil, Inc., a Delaware corporation (for the limited purpose of the Payment Credit as set forth in Section 2) (“Laredo”). Lustre, Erehwon and Holdings may collectively be referred to herein as the “Parties” and each as a “Party.”
NET PROFITS INTEREST AGREEMENT NEW CENTURY ENERGY CORP. and CENTURY RESOURCES, INC. and VALENS U.S. SPV I, LLC and VALENS OFFSHORE SPV II, CORP. Dated as of November 30, 2007Net Profits Interest Agreement • December 4th, 2007 • New Century Energy Corp. • Crude petroleum & natural gas • Texas
THIS NET PROFITS INTEREST AGREEMENT (“Agreement”) is made and entered into as of this 30th day of November, 2007, and is between NEW CENTURY ENERGY CORP. (“NCEC”), a Colorado corporation, and CENTURY RESOURCES, INC. (“CRI”), a Delaware corporation (each a “WI Owner” and, collectively, “WI Owners”), and VALENS U.S. SPV I, LLC, a Delaware limited liability company, and VALENS OFFSHORE SPV II, CORP., a Delaware corporation (collectively, “Assignees”).
