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: Michigan Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation: Detailed Description and Types Introduction: The Michigan Investment Representation Agreement serves as a legally binding contract between Evergreen Resources, Inc. and Delta Petroleum Corporation, establishing a framework for their investment partnership. This agreement outlines the rights, responsibilities, and obligations of both parties and aims to align their interests in mutual growth and success. Detailed Description: The Michigan Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation encompasses various key aspects, including but not limited to: 1. Purpose and Scope: This section defines the purpose of the agreement, clearly outlining the objectives and long-term goals of the partnership between the two companies. It establishes the scope of the collaboration and the areas it will cover. 2. Representation Terms: The agreement elaborates on the specific terms governing the investment representation. It highlights the role and responsibilities of each party, including any limitations or expectations that need to be fulfilled. It ensures that all representations made by either party accurately reflect their intentions and commitment. 3. Investments and Contributions: This section outlines the nature and extent of the investments each party agrees to make in relation to the partnership. It may include financial investments, assets, intellectual property, or other resources. The agreement specifies the amount, mode, and timing of the contributions, as well as any conditions for additional investments. 4. Decision-making and Control: The agreement addresses the decision-making process, governance structure, and control mechanisms within the partnership. It lays out voting rights, board representation, and any specific procedures or thresholds required for major decisions. 5. Confidentiality and Non-Disclosure: To safeguard sensitive information, the agreement incorporates provisions for maintaining confidentiality and non-disclosure of proprietary knowledge, trade secrets, financial data, and other valuable information shared between the two parties. This ensures the protection of intellectual property and maintains competitive advantage. 6. Termination and Dispute Resolution: This section defines the conditions under which the agreement may be terminated, including breach of terms, insolvency, or mutual consent. It also outlines the process for resolving disputes, including mediation, arbitration, or legal action if required. Types of Michigan Investment Representation Agreements between Evergreen Resources, Inc. and Delta Petroleum Corporation: 1. Joint Venture Investment Representation Agreement: This agreement establishes a joint venture between Evergreen Resources, Inc. and Delta Petroleum Corporation, forming a separate legal entity for collaborative investment in a specific venture or project. 2. Strategic Investment Representation Agreement: Focused on strategic investments, this agreement outlines the terms for a specific investment between Evergreen Resources, Inc. and Delta Petroleum Corporation. It may involve equity participation, acquisition of assets, or other strategic business arrangements. 3. Equity Investment Representation Agreement: This type of agreement focuses on investment in equity, allowing Evergreen Resources, Inc. to acquire a stake in Delta Petroleum Corporation or vice versa. It outlines the terms, conditions, and rights associated with the equity investment. Conclusion: The Michigan Investment Representation Agreement establishes a solid foundation for the collaboration between Evergreen Resources, Inc. and Delta Petroleum Corporation. By addressing various crucial aspects, it ensures the smooth functioning of the partnership while protecting the interests of both entities. The agreement can take various forms, such as joint ventures, strategic investments, or equity investments, depending on the nature and scope of the business collaboration.Title: Michigan Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation: Detailed Description and Types Introduction: The Michigan Investment Representation Agreement serves as a legally binding contract between Evergreen Resources, Inc. and Delta Petroleum Corporation, establishing a framework for their investment partnership. This agreement outlines the rights, responsibilities, and obligations of both parties and aims to align their interests in mutual growth and success. Detailed Description: The Michigan Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation encompasses various key aspects, including but not limited to: 1. Purpose and Scope: This section defines the purpose of the agreement, clearly outlining the objectives and long-term goals of the partnership between the two companies. It establishes the scope of the collaboration and the areas it will cover. 2. Representation Terms: The agreement elaborates on the specific terms governing the investment representation. It highlights the role and responsibilities of each party, including any limitations or expectations that need to be fulfilled. It ensures that all representations made by either party accurately reflect their intentions and commitment. 3. Investments and Contributions: This section outlines the nature and extent of the investments each party agrees to make in relation to the partnership. It may include financial investments, assets, intellectual property, or other resources. The agreement specifies the amount, mode, and timing of the contributions, as well as any conditions for additional investments. 4. Decision-making and Control: The agreement addresses the decision-making process, governance structure, and control mechanisms within the partnership. It lays out voting rights, board representation, and any specific procedures or thresholds required for major decisions. 5. Confidentiality and Non-Disclosure: To safeguard sensitive information, the agreement incorporates provisions for maintaining confidentiality and non-disclosure of proprietary knowledge, trade secrets, financial data, and other valuable information shared between the two parties. This ensures the protection of intellectual property and maintains competitive advantage. 6. Termination and Dispute Resolution: This section defines the conditions under which the agreement may be terminated, including breach of terms, insolvency, or mutual consent. It also outlines the process for resolving disputes, including mediation, arbitration, or legal action if required. Types of Michigan Investment Representation Agreements between Evergreen Resources, Inc. and Delta Petroleum Corporation: 1. Joint Venture Investment Representation Agreement: This agreement establishes a joint venture between Evergreen Resources, Inc. and Delta Petroleum Corporation, forming a separate legal entity for collaborative investment in a specific venture or project. 2. Strategic Investment Representation Agreement: Focused on strategic investments, this agreement outlines the terms for a specific investment between Evergreen Resources, Inc. and Delta Petroleum Corporation. It may involve equity participation, acquisition of assets, or other strategic business arrangements. 3. Equity Investment Representation Agreement: This type of agreement focuses on investment in equity, allowing Evergreen Resources, Inc. to acquire a stake in Delta Petroleum Corporation or vice versa. It outlines the terms, conditions, and rights associated with the equity investment. Conclusion: The Michigan Investment Representation Agreement establishes a solid foundation for the collaboration between Evergreen Resources, Inc. and Delta Petroleum Corporation. By addressing various crucial aspects, it ensures the smooth functioning of the partnership while protecting the interests of both entities. The agreement can take various forms, such as joint ventures, strategic investments, or equity investments, depending on the nature and scope of the business collaboration.
