Common use of Company’s Activities Clause in Contracts

Company’s Activities. The Executive or the Executive's designated affiliate will be permitted to acquire a working interest in all of the wellx xxxdded by the Company or the Company's subsidiary corporations, partnerships or entities (the "Program Wellx") xuring any Calendar Quarter (as hereafter defined) on the terms and conditions set forth herein. The Program Wellx xxxlude any well spudded during such Calendar Quarter in which the Company or the Company's subsidiary corporations, partnerships or entities participate as a nonoperator.

Company’s Activities. The Executive or the Executive's designated affiliate will be permitted to acquire a working interest in all of the wellx xxxdded by the Company or the Company's subsidiary corporations, partnerships or entities (the "Program Wellx") xuring xn the terms and conditions set forth herein in any Calendar Quarter (as hereafter defined) on during the terms and conditions set forth hereinterm of this Agreement. The Program Wellx xxxlude any well spudded during such Calendar Quarter in which the Company or the Company's subsidiary corporations, partnerships or entities participate as a nonoperator.

Company’s Activities. The Executive or the Executive's designated affiliate will be permitted to acquire a working interest in all of the wellx xxxdded by the Company or the Company's subsidiary corporations, partnerships or entities (the "Program Wellx") xuring xn the terms and conditions set forth herein in any Calendar Quarter (as hereafter defined) on during the terms and conditions set forth hereinParticipation Term (as hereafter defined). The Program Wellx xxxlude any well spudded during such Calendar Quarter in which the Company or the Company's subsidiary corporations, partnerships or entities participate as a nonoperator.