Post-Closing Matters from Agreement
THIS AGREEMENT (the "Agreement") is entered into this 1st day of May, 2014 ("Effective Date"), by and among ENERJEX KANSAS, INC., a Nevada corporation ("EnerJex"), WORKING INTEREST, LLC, a Kansas limited liability company ("WILLC"), VIKING ENERGY PARTNERS, LLC, a Texas limited liability company ("Viking"), and COAL CREEK ENERGY, LLC, a Kansas limited liability company ("Coal Creek", and together with EnerJex, WILLC, and Viking, individually a "Party" and collectively the "Parties").
Post-Closing Matters. After closing of this Agreement, EnerJex shall continue to maintain accounts for each of the Parties to account for any additional expenses and any additional credits due from or to such Parties arising from operations and production related to the interests being assigned pursuant to paragraphs 1 through 3, above, through April 30, 2014. On January 31, 2015, or such earlier or later date mutually agreed to by EnerJex and the other Parties, the accounts will be settled and closed. At such time, any Party owing a net balance to another Party shall pay such amount by certified or other immediately available funds.