Common Contracts

LITIGATION TRUST AGREEMENT

Litigation Trust Agreement • June 10th, 2020 • New York

• Contract Type
  Litigation Trust Agreement
• Filed
  June 10th, 2020
• Jurisdiction
  New York

This LITIGATION TRUST AGREEMENT is made this [●] day of June, 2020 (this “Agreement”), by and among Cornucopia Oil & Gas Company, LLC (the “Company”), Corsair Oil & Gas LLC (“Corsair”) and Furie Operating Alaska, LLC (“Furie” and, together with the Company and Corsair, the “Company Parties”), as settlors, and [●]1, as trustee of the Litigation Trust referred to herein (in such capacity, the “Litigation Trustee”), and creates and establishes the Litigation Trust (the “Litigation Trust”) referenced herein in order to facilitate the implementation of The Second Amended Joint Plan of Reorganization for the Debtors Under Chapter 11 of the Bankruptcy Code, dated May 6, 2020 (as the same may be amended, supplemented, or otherwise modified from time to time in accordance with the terms and provisions thereof and including the Plan Supplement, the “Plan”). Each Company Party and the Litigation Trustee are sometimes referred to herein individually as a “Party” and, collectively, as the “Parties.