EXHIBIT 10.152
FIRST AMENDMENT TO VOTING AGREEMENT AND IRREVOCABLE PROXY
This is the First Amendment to the Voting Agreement and Irrevocable
Proxy (the "Voting Agreement") made as of November 28, 2005 by and among Delta
Petroleum Corporation, a Delaware corporation ("Holdings"), Delta Petroleum
Corporation, a Colorado corporation ("DP Colorado"), DPCA LLC, a Delaware
limited liability company and wholly-owned subsidiary of DP Colorado
("Acquisition") and the undersigned stockholders of Castle Energy Corporation
(the "Stockholders").
RECITALS
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WHEREAS, in connection with an Agreement and Plan of Merger (the
"Merger Agreement") dated as of November 8, 2005 by and among Holdings, DP
Colorado, Acquisition and Castle Energy Corporation, a Delaware corporation
("Castle"), the Stockholders entered into the Voting Agreement pursuant to which
the Stockholders agreed, among other things, to vote their shares in Castle in
favor of the Merger Agreement and the merger contemplated therein; and
WHEREAS, Holdings, DP Colorado, Acquisition and the Stockholders wish
to modify the Voting Agreement by entering into this First Amendment to the
Voting Agreement to reflect the changes specifically set forth below.
AGREEMENT
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NOW, THEREFORE, in accordance with Section 7 of the Voting Agreement,
Holdings, DP Colorado, Acquisition and the Stockholders agree as follows:
1. Schedule 1 to the Voting Agreement is amended and restated as follows:
"Schedule 1
-----------
Estate of Xxxxxx X. Xxxxxx XX and Xxxxxx X. Xxxxxx may sell up to an
aggregate of 150,000 Shares
Xxxxxxx Xxx Xxxxxxx, Xxxxxx X. Xxxxxx and Xxxxxx X. Xxxxxx III may each
sell up to 33,333 Shares, subject to the right to reapportion such number among
themselves as they shall determine"
2. This First Amendment is effective as of November 28, 2005 (the
"Effective Date").
3. Except as modified by this First Amendment, the Voting Agreement shall
remain in full force and effect.
[Signature pages follow]
IN WITNESS WHEREOF, the parties have executed this First
Amendment as of the Effective Date above written.
/S/ XXXXX X. XXXXXX
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Delta Petroleum Corporation
/S/ XXXXX X. XXXXXX
--------------------------------------------------
Delta Petroleum Corporation
/S/ XXXXX X. XXXXXX
--------------------------------------------------
DPCA LLC, by its Sole Member
/S/ XXXXX X. XXXXXX
--------------------------------------------------
Estate of Xxxxxx X. Xxxxxx XX, by Xxxxx X. Xxxxxx,
Executor
1,434,699 Shares
/S/ XXXXX X. XXXXXX
--------------------------------------------------
Xxxxx X. Xxxxxx
55,925 Shares
/S/ XXXXXXX X. XXXXXXXXX
--------------------------------------------------
Xxxxxxx X. Staedlter
74,600 Shares
/S/ XXXXXX X. XXXXXXXX
--------------------------------------------------
Xxxxxx X. Xxxxxxx
36,000 Shares
/S/ XXXXXXX X. XXXXX
--------------------------------------------------
Xxxxxxx X. Xxxxx
62,000 Shares
/S/ XXXX X. XXXXXX
--------------------------------------------------
Xxxx X. Xxxxxx
111,000 Shares
/S/ XXXXXX X. XXXXX
--------------------------------------------------
Xxxxxx X. Xxxxx
78,000 Shares
/S/ XXXXXX X. XXXXXX III
--------------------------------------------------
Xxxxxx X. Xxxxxx III
218,784 Shares
/S/ XXXXXXX XXX XXXXXXX
--------------------------------------------------
Xxxxxxx Xxx Xxxxxxx
61,385 Shares
/S/ XXXXXX X. XXXXXX
--------------------------------------------------
Xxxxxx X. Xxxxxx
189,885 Shares
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