Call Agreement between EEX Capital, Inc. and Bob West Treasure, LLC wherein after termination of the Natural Gas Inventory Forward Sale Contract, EEX has the option to purchase the Interest at a price equal to the call price dated December 17, 1999. 3
Title: Harris Texas Call Agreement: EX Capital, Inc. and Bob West Treasure, LLC Introduction: The Harris Texas Call Agreement serves as a legally binding contract between EX Capital, Inc. and Bob West Treasure, LLC. This detailed description aims to provide an overview of the agreement, its purpose, key provisions, and potential variations. Keyword Examples: Harris Texas Call Agreement, EX Capital, Inc., Bob West Treasure, LLC. 1. Purpose of the Harris Texas Call Agreement: The purpose of this agreement is to establish the terms and conditions under which EX Capital, Inc. and Bob West Treasure, LLC operate in Harris County, Texas. It outlines their respective rights, responsibilities, and obligations regarding the call agreement. 2. Key Provisions of the Harris Texas Call Agreement: a. Call Option: The agreement defines the call option granted by EX Capital, Inc. to Bob West Treasure, LLC, allowing the latter to purchase a specified quantity of assets, stocks, or any other agreed-upon investment within a predetermined time frame and at a predetermined price. b. Exercise Period: The agreement sets out a specific period during which Bob West Treasure, LLC can exercise their call option. c. Purchase Price: The agreement establishes the predetermined price at which Bob West Treasure, LLC can purchase the assets or stocks, providing transparency and clarity to the transaction. d. Asset Identification: The agreement clearly identifies the assets or stocks subject to the call option, ensuring both parties are aware of the scope of the agreement. e. Termination: The agreement outlines conditions under which the call agreement can be terminated, such as expiration of the exercise period or mutual consent between EX Capital, Inc. and Bob West Treasure, LLC. 3. Types of Harris Texas Call Agreement between EX Capital, Inc. and Bob West Treasure, LLC: a. Standard Call Agreement: This type of agreement typically includes the basic provisions listed above, serving as a foundation for the parties' call option. b. Customized Call Agreement: Depending on the specific needs and preferences of both parties, the agreement can be modified to include additional provisions or alter existing ones. For instance, parties may negotiate provisions regarding potential adjustments to the purchase price, call option extension, or asset-specific terms. c. Conditional Call Agreement: In certain cases, the call option's exercise may depend on certain conditions, such as the occurrence of specific events or meeting predetermined criteria. These conditions are outlined within the agreement, and the call option is exercised only if they are fulfilled. Conclusion: The Harris Texas Call Agreement between EX Capital, Inc. and Bob West Treasure, LLC is a crucial legal document that defines the terms and conditions associated with the call option. The agreement's purpose, key provisions, and possible variations allow both parties to navigate their business relationship effectively and establish a solid foundation for their Harris County operations.
Title: Harris Texas Call Agreement: EX Capital, Inc. and Bob West Treasure, LLC Introduction: The Harris Texas Call Agreement serves as a legally binding contract between EX Capital, Inc. and Bob West Treasure, LLC. This detailed description aims to provide an overview of the agreement, its purpose, key provisions, and potential variations. Keyword Examples: Harris Texas Call Agreement, EX Capital, Inc., Bob West Treasure, LLC. 1. Purpose of the Harris Texas Call Agreement: The purpose of this agreement is to establish the terms and conditions under which EX Capital, Inc. and Bob West Treasure, LLC operate in Harris County, Texas. It outlines their respective rights, responsibilities, and obligations regarding the call agreement. 2. Key Provisions of the Harris Texas Call Agreement: a. Call Option: The agreement defines the call option granted by EX Capital, Inc. to Bob West Treasure, LLC, allowing the latter to purchase a specified quantity of assets, stocks, or any other agreed-upon investment within a predetermined time frame and at a predetermined price. b. Exercise Period: The agreement sets out a specific period during which Bob West Treasure, LLC can exercise their call option. c. Purchase Price: The agreement establishes the predetermined price at which Bob West Treasure, LLC can purchase the assets or stocks, providing transparency and clarity to the transaction. d. Asset Identification: The agreement clearly identifies the assets or stocks subject to the call option, ensuring both parties are aware of the scope of the agreement. e. Termination: The agreement outlines conditions under which the call agreement can be terminated, such as expiration of the exercise period or mutual consent between EX Capital, Inc. and Bob West Treasure, LLC. 3. Types of Harris Texas Call Agreement between EX Capital, Inc. and Bob West Treasure, LLC: a. Standard Call Agreement: This type of agreement typically includes the basic provisions listed above, serving as a foundation for the parties' call option. b. Customized Call Agreement: Depending on the specific needs and preferences of both parties, the agreement can be modified to include additional provisions or alter existing ones. For instance, parties may negotiate provisions regarding potential adjustments to the purchase price, call option extension, or asset-specific terms. c. Conditional Call Agreement: In certain cases, the call option's exercise may depend on certain conditions, such as the occurrence of specific events or meeting predetermined criteria. These conditions are outlined within the agreement, and the call option is exercised only if they are fulfilled. Conclusion: The Harris Texas Call Agreement between EX Capital, Inc. and Bob West Treasure, LLC is a crucial legal document that defines the terms and conditions associated with the call option. The agreement's purpose, key provisions, and possible variations allow both parties to navigate their business relationship effectively and establish a solid foundation for their Harris County operations.