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
Montana Investment Representation Agreement: A Comprehensive Overview of the Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation Introduction: The Montana Investment Representation Agreement is a crucial legal document that outlines the terms and conditions of the agreement between Evergreen Resources, Inc. (ERA) and Delta Petroleum Corporation (DPC). This agreement establishes the framework within which ERA will represent DPC's investment interests in the state of Montana. It serves as a blueprint for the parties involved, providing a clear understanding of their roles and responsibilities throughout the investment process. Let's explore the key aspects and types of Montana Investment Representation Agreements between ERA and DPC. Types of Montana Investment Representation Agreements: 1. Exclusive Representation Agreement: This type of agreement grants ERA the exclusive rights to represent DPC's investment interests in Montana. Under this arrangement, DPC is prohibited from engaging with any other investment representation firm or utilizing internal resources for investment purposes. The exclusive agreement ensures undivided attention and commitment from ERA, fostering a closer and more efficient working relationship. 2. Non-Exclusive Representation Agreement: In this agreement, ERA holds the non-exclusive rights to represent DPC's investment interests in Montana. DPC retains the freedom to engage with other investment representation firms or pursue investment activities independently, without any limitations. This type of agreement often proves beneficial when multiple parties are involved in investment representation and DPC seeks diverse perspectives and opportunities. Key Elements of the Montana Investment Representation Agreement: 1. Scope of Representation: The agreement defines the specific investment areas, sectors, and opportunities that ERA will focus on behalf of DPC in Montana. This section ensures mutual understanding and alignment regarding the investment landscape and strategic objectives. 2. Duration: The agreement outlines the duration for which ERA will represent DPC's investment interests in Montana. It may be a fixed-term agreement or continue indefinitely until terminated by either party in accordance with the termination clause. 3. Compensation: This section outlines the compensation structure and payment terms agreed upon by both parties. It includes details such as retainer fees, commissions, or performance-based incentives based on successful investment outcomes. 4. Duties and Responsibilities: The agreement defines the duties and responsibilities of each party. ERA is entrusted with the responsibility of conducting market research, identifying potential investment opportunities, conducting due diligence, and providing relevant reports and recommendations. DPC, on the other hand, agrees to provide necessary information, resources, and timely approvals to facilitate a smooth investment process. 5. Confidentiality and Non-Disclosure: To protect the sensitive information shared between ERA and DPC, this section sets out stringent confidentiality and non-disclosure obligations. It ensures that all parties involved maintain strict confidentiality regarding investment details, strategies, and any proprietary information. 6. Termination: The agreement includes provisions for termination, allowing either party to terminate the representation arrangement under specified circumstances. Common grounds for termination include breach of contract, lack of performance, or mutual agreement. Conclusion: The Montana Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation serves as a vital legal document that solidifies their partnership in pursuing investment opportunities in Montana. By choosing between exclusive and non-exclusive agreements, the parties can adapt their arrangement to best suit their needs. The agreement’s key elements, such as scope of representation, compensation, duties and responsibilities, confidentiality, and termination provisions, ensure a clear understanding of expectations and lay the groundwork for a successful investment journey.Montana Investment Representation Agreement: A Comprehensive Overview of the Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation Introduction: The Montana Investment Representation Agreement is a crucial legal document that outlines the terms and conditions of the agreement between Evergreen Resources, Inc. (ERA) and Delta Petroleum Corporation (DPC). This agreement establishes the framework within which ERA will represent DPC's investment interests in the state of Montana. It serves as a blueprint for the parties involved, providing a clear understanding of their roles and responsibilities throughout the investment process. Let's explore the key aspects and types of Montana Investment Representation Agreements between ERA and DPC. Types of Montana Investment Representation Agreements: 1. Exclusive Representation Agreement: This type of agreement grants ERA the exclusive rights to represent DPC's investment interests in Montana. Under this arrangement, DPC is prohibited from engaging with any other investment representation firm or utilizing internal resources for investment purposes. The exclusive agreement ensures undivided attention and commitment from ERA, fostering a closer and more efficient working relationship. 2. Non-Exclusive Representation Agreement: In this agreement, ERA holds the non-exclusive rights to represent DPC's investment interests in Montana. DPC retains the freedom to engage with other investment representation firms or pursue investment activities independently, without any limitations. This type of agreement often proves beneficial when multiple parties are involved in investment representation and DPC seeks diverse perspectives and opportunities. Key Elements of the Montana Investment Representation Agreement: 1. Scope of Representation: The agreement defines the specific investment areas, sectors, and opportunities that ERA will focus on behalf of DPC in Montana. This section ensures mutual understanding and alignment regarding the investment landscape and strategic objectives. 2. Duration: The agreement outlines the duration for which ERA will represent DPC's investment interests in Montana. It may be a fixed-term agreement or continue indefinitely until terminated by either party in accordance with the termination clause. 3. Compensation: This section outlines the compensation structure and payment terms agreed upon by both parties. It includes details such as retainer fees, commissions, or performance-based incentives based on successful investment outcomes. 4. Duties and Responsibilities: The agreement defines the duties and responsibilities of each party. ERA is entrusted with the responsibility of conducting market research, identifying potential investment opportunities, conducting due diligence, and providing relevant reports and recommendations. DPC, on the other hand, agrees to provide necessary information, resources, and timely approvals to facilitate a smooth investment process. 5. Confidentiality and Non-Disclosure: To protect the sensitive information shared between ERA and DPC, this section sets out stringent confidentiality and non-disclosure obligations. It ensures that all parties involved maintain strict confidentiality regarding investment details, strategies, and any proprietary information. 6. Termination: The agreement includes provisions for termination, allowing either party to terminate the representation arrangement under specified circumstances. Common grounds for termination include breach of contract, lack of performance, or mutual agreement. Conclusion: The Montana Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation serves as a vital legal document that solidifies their partnership in pursuing investment opportunities in Montana. By choosing between exclusive and non-exclusive agreements, the parties can adapt their arrangement to best suit their needs. The agreement’s key elements, such as scope of representation, compensation, duties and responsibilities, confidentiality, and termination provisions, ensure a clear understanding of expectations and lay the groundwork for a successful investment journey.
