South Dakota Investment Representation Agreement between Bank Led Ag and Delta Petroleum Corporation is a legally binding agreement that outlines the terms and conditions of a partnership specifically related to investment representation in South Dakota. This agreement is designed to protect the interests of both parties and ensure a transparent and mutually beneficial relationship. The South Dakota Investment Representation Agreement typically includes the following key elements: 1. Parties: The Agreement clearly identifies the two parties involved, Bank Led Ag (the representative) and Delta Petroleum Corporation (the client or principal). 2. Purpose: The Agreement defines the purpose of the partnership, which is the investment representation in South Dakota. It specifies that Bank Led Ag will act as the investment representative for Delta Petroleum Corporation within the boundaries of South Dakota. 3. Scope of Representation: The Agreement details the specific areas and responsibilities in which the representative will act and make decisions on behalf of the principal. It may include activities like investment analysis, market research, financial advisory, and asset management. 4. Compensation: The Agreement outlines the compensation structure for the investment representation services provided by Bank Led Ag. This typically includes a percentage of the profits earned from the investments made on behalf of Delta Petroleum Corporation. 5. Exclusivity and Confidentiality: The Agreement may include clauses pertaining to exclusivity, ensuring that Bank Led Ag will solely represent Delta Petroleum Corporation's investments in South Dakota. It also emphasizes the importance of maintaining the confidentiality of sensitive information shared during the partnership. 6. Duration and Termination: The Agreement establishes the duration of the partnership between Bank Led Ag and Delta Petroleum Corporation. It may also include provisions for termination, outlining the circumstances under which either party can terminate the agreement. There may be different types of South Dakota Investment Representation Agreements between Bank Led Ag and Delta Petroleum Corporation, tailored to address specific investment needs or preferences. These types could include: 1. Investment Advisory Agreement: This agreement focuses on providing professional investment advice and recommendations to Delta Petroleum Corporation based on the representative's expertise and market analysis. 2. Asset Management Agreement: This agreement highlights the representative's role in managing and overseeing Delta Petroleum Corporation's assets in South Dakota, which may involve portfolio diversification, risk management, and financial reporting. 3. Financial Planning Agreement: This agreement outlines the representative's responsibility to develop a comprehensive financial plan for Delta Petroleum Corporation in the context of its investments in South Dakota. It may include goals, strategies, and budgeting strategies. 4. Investment Due Diligence Agreement: This agreement specifically covers the representative's responsibility to conduct thorough due diligence on potential investment opportunities in South Dakota. It may involve extensive research, analysis, and risk assessment. In summary, the South Dakota Investment Representation Agreement between Bank Led Ag and Delta Petroleum Corporation is a legally binding document that establishes a partnership for investment representation services in South Dakota. Its primary objective is to protect the interests of both parties and ensure a successful and transparent investment process.