0001079973-16-000813 Sample Contracts

LEASE PURCHASE AGREEMENT
Lease Purchase Agreement • February 23rd, 2016 • Arete Industries Inc • Crude petroleum & natural gas • Colorado

This LEASE PURCHASE AGREEMENT (this “Agreement”), executed this 24th day of November, 2015, but whose effective date for all purposes is the 1st day of December, 2015, is by and between Wellstar Corporation, herein known as the “Seller”, with an address of 11990 Grant Street #550 Northglenn, CO 80233 and Arete Industries, Inc. “Buyer”, with an address of 7260 Osceola St., Westminster, CO 80030. Seller and Buyer are sometimes each referred to herein as a “Party” and collectively as the “Parties.”

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SETTLEMENT AGREEMENT
Settlement Agreement • February 23rd, 2016 • Arete Industries Inc • Crude petroleum & natural gas • Colorado

This Settlement Agreement (the "Agreement") dated January 19, 2016, but effective December 31, 2015 (the "Effective Date") is by and among Tucker Family Investments, LLLP, a Colorado limited liability limited partnership ("Tucker"); DNR Oil & Gas, Inc., a Colorado corporation ("DNR"); Tindall Operating Company, a Colorado corporation ("Tindall"), and Tucker Energy, LLC, a Colorado limited liability company ("Energy") whose collective address is 12741 East Caley Court, Unit 142, Englewood, Colorado 80111, and Arête Industries, Inc., 7260 Osceola Street, Westminster, Colorado 80030, (the "Company"). Energy and DNR may be referred to collectively as "Sellers." Sellers, the Company, Tindall, and Tucker may be referred to individually as a "Party" or collectively as the "Parties."

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