Net Profits Interest Agreement Sample Contracts

New Century Energy – Net Profits Interest Agreement (December 4th, 2007)

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").

New Century Energy – Net Profits Interest Agreement (November 27th, 2007)

THIS NET PROFITS INTEREST AGREEMENT ("Agreement") is made and entered into as of this 20th day of November, 2007, and is between GULF COAST OIL CORPORATION, a Delaware corporation ("WI Owner"), and VALENS U.S. SPV I, LLC, a Delaware limited liability company, and VALENS OFFSHORE SPV II, CORP., a Delaware corporation (collectively, "Assignees").