0000950123-06-010341 Sample Contracts

INDEMNITY AND WAIVER AGREEMENT
Indemnity and Waiver Agreement • August 10th, 2006 • Canada Southern Petroleum LTD • Crude petroleum & natural gas

WHEREAS COSL and CSP are parties to a Pre-Acquisition Agreement made the 18th day of June, 2006, as amended by agreements dated June 29 and July 12, 2006 (that agreement, as amended, the “Pre-Acquisition Agreement”) pursuant to which COSL has made a bid to acquire all of the outstanding shares of the capital stock of CSL (the “Bid”);

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