THIRD ADDITIONAL CLOSING AGREEMENTThird Additional Closing Agreement • March 17th, 2006 • Infinity Energy Resources, Inc • Oil & gas field services, nec • New York
THIS THIRD ADDITIONAL CLOSING AGREEMENT (this “Agreement”) is made as of March 17, 2006, among (i) Infinity Energy Resources, Inc., a Delaware corporation (“Infinity”), (ii) HFTP Investment L.L.C. (“HFTP”) and AG Offshore Convertibles, Ltd. (“AG Offshore”), (iii) Gaia Offshore Master Fund, Ltd. (“Gaia”) and Leonardo, L.P. (“Leonardo”) and (iv) Consolidated Oil Well Services, Inc., a Kansas corporation (“Consolidated”), CIS-Oklahoma, Inc., a Kansas corporation (“CIS”), Infinity Oil & Gas of Wyoming, Inc., a Wyoming corporation (“Infinity-Wyoming”), Infinity Oil & Gas of Kansas, a Kansas corporation (“Infinity-Kansas”) and Infinity Oil and Gas of Texas, Inc., a Delaware corporation (“Infinity-Texas,” and together with Consolidated, CIS, Infinity-Wyoming, Infinity-Kansas and Infinity-Delaware, the “Subsidiaries”). Unless otherwise defined herein, capitalized terms used herein shall have the meanings ascribed to them in the Securities Purchase Agreement (as defined below).
