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: Understanding the Oklahoma Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation Introduction: The Oklahoma Investment Representation Agreement establishes a legally binding contract between Evergreen Resources, Inc. (ERA) and Delta Petroleum Corporation (DPC) regarding investment representation in the state of Oklahoma. This agreement outlines the terms, conditions, and responsibilities of both parties involved, aiming to protect their interests and maximize mutual benefits. Key Keywords: Oklahoma Investment Representation Agreement, Evergreen Resources, Inc., Delta Petroleum Corporation, investment representation, contract, terms, conditions, responsibilities, mutual benefits. 1. Types of Oklahoma Investment Representation Agreements: A. General Investment Representation Agreement: The General Investment Representation Agreement establishes a broad scope of representation between ERA and DPC, allowing both parties to engage in various investment activities in Oklahoma, including exploration, drilling, production, and distribution of oil and natural gas. B. Exclusive Investment Representation Agreement: An Exclusive Investment Representation Agreement grants ERA the exclusive rights to represent DPC in all investment activities within Oklahoma. This agreement ensures that only ERA will be authorized to negotiate investment deals on behalf of DPC, providing exclusivity and focused representation in the region. C. Specific Investment Representation Agreement: A Specific Investment Representation Agreement involves a targeted representation of DPC's interests in a particular area or project within Oklahoma. This agreement narrows down the scope of representation to a specific geographical location or investment opportunity, allowing for a more concentrated effort and expertise. 2. Purpose of the Agreement: The purpose of the Oklahoma Investment Representation Agreement is to define the relationship between ERA and DPC, establish the parameters and authority of investment representation, and outline the responsibilities and obligations of both parties. This agreement aims to provide clarity, protect both parties from potential risks associated with investment activities, and enhance the overall efficiency of their operations in Oklahoma. 3. Scope of Representation: The Oklahoma Investment Representation Agreement enables ERA to act as DPC's representative in investment-related matters, including lease negotiations, the acquisition of mineral rights, joint venture agreements, production management, compliance with regulations, and any other legal and operational requirements related to the investment activities in Oklahoma. 4. Key Provisions: A. Term and Termination: The agreement specifies the duration of representation and the conditions under which either party can terminate the agreement, ensuring flexibility and allowing for negotiated exits. B. Compensation and Fee Arrangement: The agreement addresses financial arrangements, including the commission, royalty, or fee structure, to be paid to ERA for its representation services. This provision clarifies how ERA will be compensated for its efforts in securing profitable investment opportunities for DPC. C. Confidentiality and Non-Disclosure: The agreement establishes confidentiality obligations, ensuring that sensitive information shared between ERA and DPC during the representation process remains confidential, protecting trade secrets, proprietary data, and investment strategies. D. Dispute Resolution: This provision outlines the process for resolving disputes between ERA and DPC, prescribing negotiation, mediation, or arbitration methods to resolve conflicts in a fair and efficient manner. Conclusion: The Oklahoma Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation is a vital contract that solidifies their working relationship in Oklahoma. By carefully considering the agreement's terms, provisions, and different types available, both parties can engage in successful investment activities while minimizing risks and maximizing returns.Title: Understanding the Oklahoma Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation Introduction: The Oklahoma Investment Representation Agreement establishes a legally binding contract between Evergreen Resources, Inc. (ERA) and Delta Petroleum Corporation (DPC) regarding investment representation in the state of Oklahoma. This agreement outlines the terms, conditions, and responsibilities of both parties involved, aiming to protect their interests and maximize mutual benefits. Key Keywords: Oklahoma Investment Representation Agreement, Evergreen Resources, Inc., Delta Petroleum Corporation, investment representation, contract, terms, conditions, responsibilities, mutual benefits. 1. Types of Oklahoma Investment Representation Agreements: A. General Investment Representation Agreement: The General Investment Representation Agreement establishes a broad scope of representation between ERA and DPC, allowing both parties to engage in various investment activities in Oklahoma, including exploration, drilling, production, and distribution of oil and natural gas. B. Exclusive Investment Representation Agreement: An Exclusive Investment Representation Agreement grants ERA the exclusive rights to represent DPC in all investment activities within Oklahoma. This agreement ensures that only ERA will be authorized to negotiate investment deals on behalf of DPC, providing exclusivity and focused representation in the region. C. Specific Investment Representation Agreement: A Specific Investment Representation Agreement involves a targeted representation of DPC's interests in a particular area or project within Oklahoma. This agreement narrows down the scope of representation to a specific geographical location or investment opportunity, allowing for a more concentrated effort and expertise. 2. Purpose of the Agreement: The purpose of the Oklahoma Investment Representation Agreement is to define the relationship between ERA and DPC, establish the parameters and authority of investment representation, and outline the responsibilities and obligations of both parties. This agreement aims to provide clarity, protect both parties from potential risks associated with investment activities, and enhance the overall efficiency of their operations in Oklahoma. 3. Scope of Representation: The Oklahoma Investment Representation Agreement enables ERA to act as DPC's representative in investment-related matters, including lease negotiations, the acquisition of mineral rights, joint venture agreements, production management, compliance with regulations, and any other legal and operational requirements related to the investment activities in Oklahoma. 4. Key Provisions: A. Term and Termination: The agreement specifies the duration of representation and the conditions under which either party can terminate the agreement, ensuring flexibility and allowing for negotiated exits. B. Compensation and Fee Arrangement: The agreement addresses financial arrangements, including the commission, royalty, or fee structure, to be paid to ERA for its representation services. This provision clarifies how ERA will be compensated for its efforts in securing profitable investment opportunities for DPC. C. Confidentiality and Non-Disclosure: The agreement establishes confidentiality obligations, ensuring that sensitive information shared between ERA and DPC during the representation process remains confidential, protecting trade secrets, proprietary data, and investment strategies. D. Dispute Resolution: This provision outlines the process for resolving disputes between ERA and DPC, prescribing negotiation, mediation, or arbitration methods to resolve conflicts in a fair and efficient manner. Conclusion: The Oklahoma Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation is a vital contract that solidifies their working relationship in Oklahoma. By carefully considering the agreement's terms, provisions, and different types available, both parties can engage in successful investment activities while minimizing risks and maximizing returns.
