San Juan Basin Royalty Trust Sample Contracts

RECITALS:
Indemnification Agreement • May 15th, 2003 • San Juan Basin Royalty Trust • Oil royalty traders • Texas
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COMPROMISE SETTLEMENT AGREEMENT
Compromise Settlement Agreement • September 18th, 2017 • San Juan Basin Royalty Trust • Oil royalty traders • New Mexico

This Compromise Settlement Agreement (this “Agreement”) is executed on one hand by Compass Bank (“Trustee”), in its capacity as Trustee of the San Juan Basin Royalty Trust (the “Trust”) and on the other hand by Burlington Resources Oil & Gas Company LP (“Burlington Resources”) and its general partner, BROG GP LLC (“BROG”) (Burlington Resources and BROG are jointly referred to herein as “Burlington”), effective as of January 1, 2017 (the “Effective Date”). The Trust and Burlington are sometimes referred to collectively as the “Parties” and individually as a “Party.”

ASSIGNMENT OF NET OVERRIDING ROYALTY INTEREST (SAN JUAN BASIN ROYALTY TRUST)
San Juan Basin Royalty Trust • February 29th, 2008 • Oil royalty traders

This Assignment of Net Overriding Royalty Interest (this “Assignment”) is made and entered into to be effective as of September 30, 2002, by and between Bank One, N.A., (“Bank One”), a national banking association organized under the laws of the United States, whose address is P.O. Box 2604, Fort Worth, Texas 76113, and TexasBank (“TexasBank”). a state bank organized under the laws of the State of Texas whose address is 2525 Ridgmar Blvd., Ft. Worth, Texas 76116.

COMPROMISE AND SETTLEMENT AGREEMENT
Compromise and Settlement Agreement • September 7th, 2023 • San Juan Basin Royalty Trust • Oil royalty traders • New Mexico

This Compromise Settlement Agreement (this “Agreement”) is executed on one hand by PNC Bank, N.A. (“Trustee”), in its capacity as Trustee of the San Juan Basin Royalty Trust (the “Trust”) and on the other hand by Hilcorp San Juan, L.P. (“Hilcorp”), effective this 30th day of August 2023 (the “Effective Date”). The Trust and Hilcorp are sometimes referred to collectively as the “Parties” and individually as a “Party.”

TRUSTEE SUCCESSION AGREEMENT
Trustee Succession Agreement • February 15th, 2024 • San Juan Basin Royalty Trust • Oil royalty traders

THIS TRUSTEE SUCCESSION AGREEMENT (this “Agreement”) is made effective as of the Effective Date (as the term “Effective Date” is defined below), by and among the following parties (collectively the “Parties,” and each, a “Party”):

SAN JUAN BASIN AMENDED AND RESTATED ROYALTY TRUST INDENTURE
Royalty Trust Indenture • October 1st, 2002 • San Juan Basin Royalty Trust • Oil royalty traders • New Mexico
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