Investment AgreementInvestment Agreement • September 6th, 2011 • TBX Resources Inc • Oil & gas field exploration services • Texas
This Investment Agreement (the “Agreement”) is entered into on this 2nd day of September 2011 by and between TBX Resources, Inc., a Texas corporation (“TBX”) and LoneStar Income and Growth, LLC, a Texas limited liability company (“LoneStar”).
SUBSCRIPTION AGREEMENTSubscription Agreement • September 6th, 2011 • TBX Resources Inc • Oil & gas field exploration services • Texas
TBX Resources, Inc. agrees to purchase 1160 units representing 51% of the membership units in Frontier Income and Growth LLC (FIG) for $5,046,000. As per the terms of this transaction, TBX will deliver funds to FIG, and by evidence of this receipt of funds, the interest will be transferred to TBX to complete the transaction.
Re: Letter Agreement to Purchase Contract RightsLetterhead • September 6th, 2011 • TBX Resources Inc • Oil & gas field exploration services
This agreement is contingent upon FAM’s representation, and by its signature below FAM does so represent, that it is the sole owner of the assets and above described rights and has the power and authority to make this agreement. By your signature below you hereby represent and warrant that you have the authority to execute this agreement on behalf of FAM and that upon execution this agreement shall be binding on and enforceable against FAM.
