UNDERWRITING AGREEMENTUnderwriting Agreement • January 18th, 2006 • Canetic Resources Trust • Alberta
Contract Type FiledJanuary 18th, 2006 Company JurisdictionBMO Nesbitt Burns Inc., as Lead Underwriter, Orion Securities Inc., Scotia Capital Inc., FirstEnergy Capital Corp., CIBC World Markets Inc., GMP Securities Ltd., Tristone Capital Inc., National Bank Financial Inc., Canaccord Capital Corp., Haywood Securities Inc. and First Associates Investments Inc. (collectively, the “Underwriters”) understand that StarPoint Energy Trust (the “Trust”) proposes to issue and sell 3,340,000 Trust Units (as hereinafter defined) (the “Base Units”) and, in consideration of the Underwriters agreeing to purchase the Base Units, to grant the Underwriters an option (the “Underwriters’ Option”) to purchase up to an additional 420,000 Trust Units (the Trust Units in respect of which the Underwriters’ Option is exercised, the “Option Units” and, together with the Base Units, the “Offered Units”).
UNDERWRITING AGREEMENTUnderwriting Agreement • January 18th, 2006 • Canetic Resources Trust • Alberta
Contract Type FiledJanuary 18th, 2006 Company JurisdictionBMO Nesbitt Burns Inc., as Lead Underwriter, Scotia Capital Inc., FirstEnergy Capital Corp., CIBC World Markets Inc., TD Securities Inc., Orion Securities Inc., National Bank Financial Inc., GMP Securities Ltd., RBC Dominion Securities Inc., Tristone Capital Inc., Canaccord Capital Corporation, First Associates Investments Inc. and Haywood Securities Inc. (collectively, the “Underwriters”) understand that StarPoint Energy Trust (the “Trust”) proposes to issue and sell 16,400,000 Subscription Receipts (as herein defined) and 60,000 convertible extendible unsecured subordinated debentures of the Trust (generally, the “Debentures”, and, in respect of those 60,000 Debentures, the “Offered Debentures”) with a face value of $1,000 principal amount per Debenture, a coupon of 6.50% per annum, payable semi-annually in arrears on January 31 and July 31 of each year commencing July 31, 2005 and an initial maturity date of July 31, 2005 (the “Maturity Date”) subject to extension as set forth below