FIRST AMENDMENT AND WAIVER TO THE PARTICIPATION INTEREST PURCHASE AGREEMENT DATED FEBRUARY 14, 2011Participation Interest Purchase Agreement • August 31st, 2011 • BMB Munai Inc • Crude petroleum & natural gas
This First Amendment and Waiver (this “Amendment and Waiver”) to the PARTICIPATION INTEREST PURCHASE AGREEMENT dated February 14, 2011 (the “Agreement”) is made and entered into on August 31, 2011 by and among Palaeontol B.V., a company organized under the Laws of the Netherlands (“Purchaser”), BMB Munai, Inc., a Nevada corporation (“Seller”), and MIE Holdings Corporation, an exempted company with limited liability organized under the Laws of the Cayman Islands (“Listco”). Capitalized terms that are not defined herein shall have the meanings set forth in the Agreement.
