Common Contracts

SENIOR SECURED NOTE AND WARRANT PURCHASE AGREEMENT dated as of May 4, 2012 by and between TRI-VALLEY CORPORATION, and GEORGE T. GAMBLE 1991 TRUST

Senior Secured Note and Warrant Purchase Agreement • May 7th, 2012 • Tri Valley Corp • Crude petroleum & natural gas • New York

• Contract Type
  Senior Secured Note and Warrant Purchase Agreement
• Filed
  May 7th, 2012
• Company
  Tri Valley Corp
• Industry
  Crude petroleum & natural gas
• Jurisdiction
  New York

This SENIOR SECURED NOTE AND WARRANT PURCHASE AGREEMENT dated as of May 4, 2012 (this “Agreement”), is made by and between Tri-Valley Corporation, a Delaware corporation (“Company” or “Debtor”), and George T. Gamble 1991 Trust (“Purchaser”), in respect of a 14% Senior Secured Note due April 30, 2013 in the aggregate principal amount of One Million Five Hundred Thousand Dollars and NO/100 (US$1,500,000.00) (including all supplements thereto and amendments or modifications thereof, and all agreements given in substitution therefor or in restatement, renewal or extension thereof, in whole or in part, the “Note”) and a warrant (including all supplements thereto and amendments or modifications thereof, and all agreements given in substitution therefor or in restatement, renewal or extension thereof, in whole or in part, the “Warrant”) to purchase an aggregate of 1,365,000 shares of common stock, par value $0.001 per share (the “Common Stock”), at the exercise price of US$0.10 per share (the

SENIOR SECURED NOTE AND WARRANT PURCHASE AGREEMENT dated as of March 30, 2012 by and between TRI-VALLEY CORPORATION, and GEORGE T. GAMBLE 1991 TRUST

Senior Secured Note and Warrant Purchase Agreement • April 5th, 2012 • Tri Valley Corp • Crude petroleum & natural gas • New York

• Contract Type
  Senior Secured Note and Warrant Purchase Agreement
• Filed
  April 5th, 2012
• Company
  Tri Valley Corp
• Industry
  Crude petroleum & natural gas
• Jurisdiction
  New York

This SENIOR SECURED NOTE AND WARRANT PURCHASE AGREEMENT dated as of March 30, 2012 (this “Agreement”), is made by and between Tri-Valley Corporation, a Delaware corporation (the “Company” or “Debtor”), and George T. Gamble 1991 Trust (“Purchaser”), in respect of a 14% Senior Secured Note due April 30, 2013 in the aggregate principal amount of Three Million Two Hundred Ninety-Eight Thousand Three Hundred Nine Dollars and 84/100 (US$3,298,309.84) (the “Note”) and a warrant (the “Warrant”) to purchase an aggregate of 3,000,000 shares of common stock, par value $0.001 per share (the “Common Stock”), at the exercise price of US$0.19 per share (the “Exercise Price”) for a period of five (5) years from the Closing Date. The Note, Warrant and Common Stock acquirable upon exercise of the Warrant (“Warrant Shares”) are collectively referred to as the “Securities.”