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
Utah Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation: A Comprehensive Overview Keywords: Utah Investment Representation Agreement, Evergreen Resources, Inc., Delta Petroleum Corporation Introduction: The Utah Investment Representation Agreement is a legally binding contract between Evergreen Resources, Inc. and Delta Petroleum Corporation, with the purpose of facilitating investment decisions and representation within the state of Utah. This agreement outlines the terms and conditions governing the relationship between the two parties, protecting their interests and ensuring compliance with relevant laws and regulations. Types of Utah Investment Representation Agreement: 1. General Utah Investment Representation Agreement: This type of agreement serves as the foundation for the overall collaboration between Evergreen Resources, Inc. and Delta Petroleum Corporation in Utah. It establishes the framework for conducting investment activities, including the representation of both parties in dealings with stakeholders, regulatory bodies, and other relevant entities. The agreement outlines the responsibilities, rights, and obligations of each party, ensuring a clear understanding of the roles they will play in the investment process. 2. Joint Venture Utah Investment Representation Agreement: In cases where Evergreen Resources, Inc. and Delta Petroleum Corporation decide to enter into a joint venture arrangement specific to Utah, a Joint Venture Utah Investment Representation Agreement may be employed. This agreement further elaborates on the terms and conditions for the joint venture, addressing aspects such as profit sharing, decision-making authority, and project management within the context of Utah-based investment activities. Key Clauses and Provisions: 1. Purpose and Scope: The agreement clearly articulates the purpose of the partnership between Evergreen Resources, Inc. and Delta Petroleum Corporation, highlighting their intentions to engage in investment activities within Utah. It delineates the scope of the agreement, specifying the types of investments, financial instruments, and industries targeted for investment. 2. Representation and Decision-Making Authority: The agreement defines the role of Evergreen Resources, Inc. as the investment representative for Delta Petroleum Corporation in Utah. It outlines the authority provided to Evergreen Resources, Inc. to handle investment-related matters, including but not limited to contracting, negotiations, and decision-making processes. This clause underscores the fiduciary duty of Evergreen Resources, Inc. to act in the best interests of Delta Petroleum Corporation. 3. Investment Parameters and Restrictions: To maintain transparency and clarity, the agreement establishes specific investment parameters and restrictions within Utah. It addresses risk tolerance levels, investment strategies, and sets forth guidelines for evaluating potential investment opportunities. Additionally, any limitations or exclusions on certain types of investments or industries may be specified in this section. 4. Reporting and Accountability: Both parties are accountable for their actions and must maintain open communication regarding investment activities in Utah. The agreement mandates regular reporting requirements, including financial statements, market analysis, and investment performance updates. This ensures that Delta Petroleum Corporation remains informed about the progress and status of their investments within Utah. Conclusion: The Utah Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation serves as a crucial document governing their investment activities in the state of Utah. It outlines the roles and responsibilities of each party, establishes the boundaries and parameters for investment decisions, and ensures accountability and transparency throughout the partnership. By utilizing such an agreement, both Evergreen Resources, Inc. and Delta Petroleum Corporation can navigate the investment landscape in Utah with confidence and clarity.Utah Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation: A Comprehensive Overview Keywords: Utah Investment Representation Agreement, Evergreen Resources, Inc., Delta Petroleum Corporation Introduction: The Utah Investment Representation Agreement is a legally binding contract between Evergreen Resources, Inc. and Delta Petroleum Corporation, with the purpose of facilitating investment decisions and representation within the state of Utah. This agreement outlines the terms and conditions governing the relationship between the two parties, protecting their interests and ensuring compliance with relevant laws and regulations. Types of Utah Investment Representation Agreement: 1. General Utah Investment Representation Agreement: This type of agreement serves as the foundation for the overall collaboration between Evergreen Resources, Inc. and Delta Petroleum Corporation in Utah. It establishes the framework for conducting investment activities, including the representation of both parties in dealings with stakeholders, regulatory bodies, and other relevant entities. The agreement outlines the responsibilities, rights, and obligations of each party, ensuring a clear understanding of the roles they will play in the investment process. 2. Joint Venture Utah Investment Representation Agreement: In cases where Evergreen Resources, Inc. and Delta Petroleum Corporation decide to enter into a joint venture arrangement specific to Utah, a Joint Venture Utah Investment Representation Agreement may be employed. This agreement further elaborates on the terms and conditions for the joint venture, addressing aspects such as profit sharing, decision-making authority, and project management within the context of Utah-based investment activities. Key Clauses and Provisions: 1. Purpose and Scope: The agreement clearly articulates the purpose of the partnership between Evergreen Resources, Inc. and Delta Petroleum Corporation, highlighting their intentions to engage in investment activities within Utah. It delineates the scope of the agreement, specifying the types of investments, financial instruments, and industries targeted for investment. 2. Representation and Decision-Making Authority: The agreement defines the role of Evergreen Resources, Inc. as the investment representative for Delta Petroleum Corporation in Utah. It outlines the authority provided to Evergreen Resources, Inc. to handle investment-related matters, including but not limited to contracting, negotiations, and decision-making processes. This clause underscores the fiduciary duty of Evergreen Resources, Inc. to act in the best interests of Delta Petroleum Corporation. 3. Investment Parameters and Restrictions: To maintain transparency and clarity, the agreement establishes specific investment parameters and restrictions within Utah. It addresses risk tolerance levels, investment strategies, and sets forth guidelines for evaluating potential investment opportunities. Additionally, any limitations or exclusions on certain types of investments or industries may be specified in this section. 4. Reporting and Accountability: Both parties are accountable for their actions and must maintain open communication regarding investment activities in Utah. The agreement mandates regular reporting requirements, including financial statements, market analysis, and investment performance updates. This ensures that Delta Petroleum Corporation remains informed about the progress and status of their investments within Utah. Conclusion: The Utah Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation serves as a crucial document governing their investment activities in the state of Utah. It outlines the roles and responsibilities of each party, establishes the boundaries and parameters for investment decisions, and ensures accountability and transparency throughout the partnership. By utilizing such an agreement, both Evergreen Resources, Inc. and Delta Petroleum Corporation can navigate the investment landscape in Utah with confidence and clarity.