MANAGEMENT AGREEMENTManagement Agreement • March 31st, 2008 • Tengasco Inc • Crude petroleum & natural gas • New York
THIS MANAGEMENT AGREEMENT (“Agreement”) is made and entered into as of December 18, 2007, (“Effective Time”) by and between Hoactzin Partners, LP and/or Assigns (“Owner”) and Tengasco, Inc. (“Manager”).
AGREEMENT AND CONVEYANCE OP NET PROFITS INTERESTNet Profits Interest Agreement • March 31st, 2008 • Tengasco Inc • Crude petroleum & natural gas • Tennessee
THIS AGREEMENT AND CONVEYANCE is by and between MANUFACTURED METHANE CORPORATION, a Tennessee Corporation, as GRANTOR and HOACTZIN PARTNERS, LP as GRANTEE. Capitalized terms used but not defined herein shall have the meaning ascribed to them under that certain Kansas Ten Well Drilling Program of even date herewith.
ASSIGNMENT OF NOTE AND LIENSAssignment of Note and Liens • March 31st, 2008 • Tengasco Inc • Crude petroleum & natural gas • Texas
17, 2007 (the "Effective Date" ), is made by and among Citibank, N.A., a national banking association formerly known as Citibank Texas, N.A., as Agent and as a Bank ("Assignor"), Sovereign Bank ( "Assignee " ), and TENGASCO, INC., a Tennessee corporation ("Borrower"), together with TENNESSEE LAND & MINERAL CORPORATION, a Tennessee corporation ("TLMC"), whose address is 10215 Technology Drive, Suite 301, Knoxville, Tennessee 37932, TENGASCO PIPELINE CORPORATION, a Tennessee corporation ("TPC") (collectively Borrower, TLMC, and TPC shall be referred to herein as "Debtor.")
AGREEMENT FOR CONDITIONAL OPTION FOR EXCHANGE OF NET PROFITS INTEREST FOR CONVERTIBLE PREFERRED STOCKConditional Option Agreement for Exchange of Net Profits Interest for Convertible Preferred Stock • March 31st, 2008 • Tengasco Inc • Crude petroleum & natural gas • Tennessee
Grantee's agreement to receive a net profits interest in a methane extraction project of Manufactured Methane Corporation as set out in conveyance dated September 17, 2007 from Manufactured Methane Corporation to Grantee (the "Net Profits Interest") which interest is to be reduced if certain sums are received by Grantee as set out in the Net Profits Interest; and
