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
West Virginia Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation: Introduction: The West Virginia Investment Representation Agreement is a legal document that establishes a partnership and outlines the terms and conditions between Evergreen Resources, Inc. and Delta Petroleum Corporation. This agreement is specifically tailored for investments related to the state of West Virginia. It governs the rights, responsibilities, and obligations of both parties involved in the investment venture, aiming to provide clarity and protection to all stakeholders involved. Key Components: 1. Parties: The agreement clearly identifies the parties involved, namely Evergreen Resources, Inc. (referred to as "Investor") and Delta Petroleum Corporation (referred to as "Company"). This section details the legal names, addresses, and contact information for each party. 2. Purpose: The agreement highlights the purpose of the investment venture, which is primarily to explore, develop, and exploit natural resources in West Virginia. This may include oil, gas, minerals, or other valuable assets present in the region. 3. Terms and Conditions: This section outlines the specific terms and conditions that both parties must adhere to. It includes provisions related to capital investment, profit sharing, decision-making processes, and operational responsibilities. The agreement may also address the duration of the partnership and the possibility of extension or termination. 4. Investment Structure: The West Virginia Investment Representation Agreement defines the financial structure of the partnership. This includes details on the initial investment amount, subsequent funding requirements, and the ownership stakes of each party. It may also address the allocation of resources, risk-sharing mechanisms, and methods of funding. 5. Management and Control: The agreement determines how management and control of the investment venture will be shared between Evergreen Resources, Inc. and Delta Petroleum Corporation. It may establish a board of directors or a management committee consisting of representatives from both parties to oversee operations, decision-making processes, and strategic planning. 6. Reporting and Communication: This section defines the reporting requirements, periodic financial statements, and communication channels between Evergreen Resources, Inc. and Delta Petroleum Corporation. It ensures transparency and accountability, allowing both parties to stay informed about the progress and performance of the investment venture. Types of West Virginia Investment Representation Agreements between Evergreen Resources, Inc. and Delta Petroleum Corporation: 1. Exploration Agreement: This type of agreement specifically focuses on investments related to exploration activities in West Virginia. It addresses the funding, rights, responsibilities, and profit-sharing arrangements during the exploration phase. 2. Development Agreement: A development agreement aims to outline the terms and conditions for investments in the development of natural resources identified in West Virginia. It covers aspects such as capital investments, timelines, operational responsibilities, and risk-sharing mechanisms during the development phase. 3. Exploitation Agreement: An exploitation agreement is designed to govern investments related to the exploitation or extraction of natural resources in West Virginia. It defines the methods, technologies, profits, and liabilities associated with the exploitation phase, ensuring fair and equitable distribution of returns. Conclusion: The West Virginia Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation provides a comprehensive framework for collaboration in exploring, developing, and exploiting natural resources in West Virginia. By establishing clear terms and conditions, this agreement ensures transparency, accountability, and mutual benefit for both parties involved in the investment venture.West Virginia Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation: Introduction: The West Virginia Investment Representation Agreement is a legal document that establishes a partnership and outlines the terms and conditions between Evergreen Resources, Inc. and Delta Petroleum Corporation. This agreement is specifically tailored for investments related to the state of West Virginia. It governs the rights, responsibilities, and obligations of both parties involved in the investment venture, aiming to provide clarity and protection to all stakeholders involved. Key Components: 1. Parties: The agreement clearly identifies the parties involved, namely Evergreen Resources, Inc. (referred to as "Investor") and Delta Petroleum Corporation (referred to as "Company"). This section details the legal names, addresses, and contact information for each party. 2. Purpose: The agreement highlights the purpose of the investment venture, which is primarily to explore, develop, and exploit natural resources in West Virginia. This may include oil, gas, minerals, or other valuable assets present in the region. 3. Terms and Conditions: This section outlines the specific terms and conditions that both parties must adhere to. It includes provisions related to capital investment, profit sharing, decision-making processes, and operational responsibilities. The agreement may also address the duration of the partnership and the possibility of extension or termination. 4. Investment Structure: The West Virginia Investment Representation Agreement defines the financial structure of the partnership. This includes details on the initial investment amount, subsequent funding requirements, and the ownership stakes of each party. It may also address the allocation of resources, risk-sharing mechanisms, and methods of funding. 5. Management and Control: The agreement determines how management and control of the investment venture will be shared between Evergreen Resources, Inc. and Delta Petroleum Corporation. It may establish a board of directors or a management committee consisting of representatives from both parties to oversee operations, decision-making processes, and strategic planning. 6. Reporting and Communication: This section defines the reporting requirements, periodic financial statements, and communication channels between Evergreen Resources, Inc. and Delta Petroleum Corporation. It ensures transparency and accountability, allowing both parties to stay informed about the progress and performance of the investment venture. Types of West Virginia Investment Representation Agreements between Evergreen Resources, Inc. and Delta Petroleum Corporation: 1. Exploration Agreement: This type of agreement specifically focuses on investments related to exploration activities in West Virginia. It addresses the funding, rights, responsibilities, and profit-sharing arrangements during the exploration phase. 2. Development Agreement: A development agreement aims to outline the terms and conditions for investments in the development of natural resources identified in West Virginia. It covers aspects such as capital investments, timelines, operational responsibilities, and risk-sharing mechanisms during the development phase. 3. Exploitation Agreement: An exploitation agreement is designed to govern investments related to the exploitation or extraction of natural resources in West Virginia. It defines the methods, technologies, profits, and liabilities associated with the exploitation phase, ensuring fair and equitable distribution of returns. Conclusion: The West Virginia Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation provides a comprehensive framework for collaboration in exploring, developing, and exploiting natural resources in West Virginia. By establishing clear terms and conditions, this agreement ensures transparency, accountability, and mutual benefit for both parties involved in the investment venture.