ContractDebt Exchange Agreement • May 5th, 2020 • Delaware
Contract Type FiledMay 5th, 2020 JurisdictionEX-10.1 3 ex10-1.htm EX-10.1 Exhibit 10.1 DEBT EXCHANGE AGREEMENT BY AND AMONG ROYALE ENERGY HOLDINGS, INC. ROYALE ENERGY, INC. AND THE HOLDERS OF CERTAIN SUBORDINATED PROMISSORY NOTES ISSUED BETWEEN JUNE 6, 2016 AND AUGUST 22, 2016 BY MATRIX OIL MANAGEMENT CORPORATION AND CERTAIN AFFILIATES [ ] TABLE OF CONTENTS
DEBT EXCHANGE AGREEMENTDebt Exchange Agreement • December 2nd, 2016 • Royale Energy Inc • Crude petroleum & natural gas • Delaware
Contract Type FiledDecember 2nd, 2016 Company Industry JurisdictionThis DEBT EXCHANGE AGREEMENT (this “Agreement”) made effective as of [ ], by and among ROYALE ENERGY, INC., a California corporation (“Royale”), ROYALE ENERGY HOLDINGS, INC., a Delaware corporation (the “Parent”), and EACH OF THE UNDERSIGNED PERSONS (the “Holders”), who, collectively, are all of the holders of approximately $20,124,000.00 in aggregate principal amount of certain subordinated promissory notes (the “Notes”) jointly issued between June 6, 2016 and August 22, 2016, by the following entities as borrowers (collectively, the “Borrowers”): Matrix Oil Management Corporation, a California corporation (“Matrix”), Matrix Oil Corporation, a California corporation (“Matrix Operator”), Matrix Investments L.P., a California Limited Partnership (“Matrix Investments”), Matrix Las Cienegas Limited Partnership, a California limited partnership (“Matrix Las Cienegas”), Matrix Pipeline L.P., a California limited partnership, Matrix Royalty, LP, a Texas limited partnership, and Matrix Permia