Schedule 2B. In accordance with Clause 4.15 of this Agreement, the parties to the Agreement intend for the Supplemental Production Payment to be treated as a "contingent payment debt instrument" within the meaning of United States Treasury Regulations Section 1.1275-4 for U.S. federal income tax purposes. The debt instrument reflected by the Supplemental Production Payment will be issued with "original issue discount." The issue price is $17,325,000, total amount of original issue discount is $2,896,898, the issue date is May 22, 2013, and the comparable yield on the issue date is 11.31693%, compounded quarterly. Projected Payment Schedule Date of Projected Payment Noncontingent Payment Contingent Payment 05/22/13 $ (17,325,000.00) 06/30/13 $0.00 772,916.67 09/30/13 $0.00 1,015,648.15 12/31/13 $0.00 1,000,740.74 03/31/14 $0.00 977,083.33 06/30/14 $0.00 966,712.96 09/30/14 $0.00 956,018.52 12/31/14 $0.00 7,357,777.78 03/31/15 $0.00 7,175,000.00 Schedule C Form of Amended and Restated Completion Security Agreement EXECUTION VERSION Dated 30 April 2013 as amended and restated on 21 May 2013 ENDEAVOUR ENERGY UK LIMITED as the Company and CIDOVAL S.À X.X. as the Secured Party ___________________________________________________________________ AMENDED AND RESTATED SECURITY AGREEMENT in respect of a Grant of Production Payment ___________________________________________________________________
Schedule 2B. If any Product subject to a Purchase Order is a “pesticide” or other product regulated under the U.S. Federal Insecticide, Fungicide, and Rodenticide Act (“FIFRA”) or its implementing regulations, then you provide to us the following continuing guaranty that (a) you are a resident of the United States and your current U.S. mailing address is as indicated in your vendor account information; and (b) the pesticides and other FIFRA regulated products comprising each sale, shipment or other delivery made previously or hereafter are: (i) lawfully registered with the U.S. Environmental Protection Agency at the time of sale, shipment or delivery, or fully qualified for a specific exemption from the FIFRA registration requirements at the time of sale, shipment or delivery, (ii) compliant with all requirements of FIFRA and its implementing regulations at the time of sale, shipment or delivery, and (iii) provided by you in the original, unbroken packaging.
Schedule 2B. Subject to the execution and delivery of a Subscription Agreement reasonably acceptable to UAGH, Inc. and its counsel by each of the following entities, UAGH, Inc. will issue and delivery the following: · Nine million two hundred fifty thousand (9,250,000) shares of the Company’s restricted common stock to PB Ventures, Inc., a Nevada corporation · One million seven hundred fifty thousand (1,750,000) shares of the Company’s restricted common stock to PB Partners, Inc., a Nevada corporation
Schedule 2B. In accordance with Clause 4.15 of this Agreement, the parties to the Agreement intend for the Supplemental Production Payment to be treated as a "contingent payment debt instrument" within the meaning of United States Treasury Regulations Section 1.1275-4 for U.S. federal income tax purposes. The debt instrument reflected by the Supplemental Production Payment will be issued with "original issue discount." The issue price is $17,325,000, total amount of original issue discount is $2,896,898, the issue date is May 22, 2013, and the comparable yield on the issue date is 11.31693%, compounded quarterly. Projected Payment Schedule Date of Projected Payment Noncontingent Payment Contingent Payment 05/22/13 $ (17,325,000.00) 06/30/13 $0.00 772,916.67 09/30/13 $0.00 1,015,648.15 12/31/13 $0.00 1,000,740.74 03/31/14 $0.00 977,083.33 06/30/14 $0.00 966,712.96 09/30/14 $0.00 956,018.52 12/31/14 $0.00 7,357,777.78 03/31/15 $0.00 7,175,000.00
Schedule 2B. Project Scope of Work Note: For information on how to use this sample Scope of Work and the remaining Schedules, please see the section “How to use this Framework Agreement” on page 4. Schedule 2A is an example template Annual Scope of Work for the retained services Schedule 2B is an example template Project Scope of Work for additional projects outside of the retainer. This Project Scope of Work is issued pursuant to and is in accordance with the agreement entered into between the parties dated [insert date of signature of Framework Agreement]. (“Framework Agreement”) Project: Set out a short description of the Project.
