This stock investment representation form is an agreement to acquire shares for an aggregate dollar amount in a private negotiated transaction.
Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation dated December 17, 1999. 4 pages
Title: Maryland Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation: Explained Introduction: The Maryland Investment Representation Agreement serves as a vital legal instrument between Evergreen Resources, Inc. (ERA) and Delta Petroleum Corporation (DPC). This agreement outlines the terms and conditions regarding their collaborative investment activities in the state of Maryland. Below, we will provide a comprehensive description of the agreement, including its objectives, clauses, and potential variations. Key Elements of the Maryland Investment Representation Agreement: 1. Parties Involved: The agreement establishes ERA and DPC as the primary participating entities. ERA represents the interests of its investors, whereas DPC represents its shareholders and stakeholders. 2. Objective: The primary objective of the agreement is to establish a framework for investment collaboration between ERA and DPC within Maryland's jurisdiction. The agreement aims to outline their respective rights, obligations, and expectations throughout the investment process. 3. Capital Commitment and Investment Activities: This section details the capital contributions made by each party and how those funds will be strategically deployed for potential investment opportunities within Maryland. It may also include guidelines for evaluating and approving investments, risk-sharing arrangements, and profit distribution mechanisms. 4. Authority and Representation: ERA and DPC appoint designated representatives who possess decision-making authority related to investment opportunities, negotiation terms, and other related matters. This clause defines their roles, responsibilities, and the extent of decision-making power vested in each representative. 5. Reporting and Communication: To maintain transparency and ensure effective communication, the agreement may stipulate periodic reporting requirements, including financial statements, investment performance updates, and other relevant information. These provisions enhance collaboration and facilitate informed decision-making. 6. Confidentiality and Non-Disclosure: To safeguard their mutual interests, the agreement may include clauses regarding the sharing and handling of confidential information. This ensures that both parties maintain strict confidentiality and refrain from disclosing crucial business insights or proprietary data to third parties without proper authorization. Types of Maryland Investment Representation Agreements: 1. Single Project Agreement: This variant focuses on a specific investment project within Maryland. It outlines the terms and conditions related to funding, investment timeline, profit-sharing, and exit strategies solely for that particular venture. 2. General Agreement: A more comprehensive agreement, this variant covers multiple investment opportunities within the state of Maryland. It establishes a long-term relationship between ERA and DPC, delineating their responsibilities throughout various projects, including capital commitments, governance, and decision-making. 3. Joint Venture Agreement: This agreement reflects a deeper level of collaboration between ERA and DPC. It establishes a separate legal entity, typically referred to as a joint venture, to undertake shared investments in Maryland. The agreement outlines the joint venture's operational framework, governance structure, profit-sharing mechanism, and dispute resolution procedures. Conclusion: The Maryland Investment Representation Agreement establishes a foundation for investment collaboration and provides a clear understanding of the rights and obligations of ERA and DPC within the state. By outlining the terms and conditions surrounding their investments, this agreement facilitates effective decision-making, fosters transparency, and safeguards the mutual interests of both parties.Title: Maryland Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation: Explained Introduction: The Maryland Investment Representation Agreement serves as a vital legal instrument between Evergreen Resources, Inc. (ERA) and Delta Petroleum Corporation (DPC). This agreement outlines the terms and conditions regarding their collaborative investment activities in the state of Maryland. Below, we will provide a comprehensive description of the agreement, including its objectives, clauses, and potential variations. Key Elements of the Maryland Investment Representation Agreement: 1. Parties Involved: The agreement establishes ERA and DPC as the primary participating entities. ERA represents the interests of its investors, whereas DPC represents its shareholders and stakeholders. 2. Objective: The primary objective of the agreement is to establish a framework for investment collaboration between ERA and DPC within Maryland's jurisdiction. The agreement aims to outline their respective rights, obligations, and expectations throughout the investment process. 3. Capital Commitment and Investment Activities: This section details the capital contributions made by each party and how those funds will be strategically deployed for potential investment opportunities within Maryland. It may also include guidelines for evaluating and approving investments, risk-sharing arrangements, and profit distribution mechanisms. 4. Authority and Representation: ERA and DPC appoint designated representatives who possess decision-making authority related to investment opportunities, negotiation terms, and other related matters. This clause defines their roles, responsibilities, and the extent of decision-making power vested in each representative. 5. Reporting and Communication: To maintain transparency and ensure effective communication, the agreement may stipulate periodic reporting requirements, including financial statements, investment performance updates, and other relevant information. These provisions enhance collaboration and facilitate informed decision-making. 6. Confidentiality and Non-Disclosure: To safeguard their mutual interests, the agreement may include clauses regarding the sharing and handling of confidential information. This ensures that both parties maintain strict confidentiality and refrain from disclosing crucial business insights or proprietary data to third parties without proper authorization. Types of Maryland Investment Representation Agreements: 1. Single Project Agreement: This variant focuses on a specific investment project within Maryland. It outlines the terms and conditions related to funding, investment timeline, profit-sharing, and exit strategies solely for that particular venture. 2. General Agreement: A more comprehensive agreement, this variant covers multiple investment opportunities within the state of Maryland. It establishes a long-term relationship between ERA and DPC, delineating their responsibilities throughout various projects, including capital commitments, governance, and decision-making. 3. Joint Venture Agreement: This agreement reflects a deeper level of collaboration between ERA and DPC. It establishes a separate legal entity, typically referred to as a joint venture, to undertake shared investments in Maryland. The agreement outlines the joint venture's operational framework, governance structure, profit-sharing mechanism, and dispute resolution procedures. Conclusion: The Maryland Investment Representation Agreement establishes a foundation for investment collaboration and provides a clear understanding of the rights and obligations of ERA and DPC within the state. By outlining the terms and conditions surrounding their investments, this agreement facilitates effective decision-making, fosters transparency, and safeguards the mutual interests of both parties.
