0001095435-10-000046 Sample Contracts

Partnership Subscription and Contribution Agreement
Overriding Royalty Agreement • November 26th, 2010 • Bontan Corp Inc • Crude petroleum & natural gas

This Partnership Subscription and Contribution Agreement is made and entered into this 13 day of October, 2010, among IPC Oil and Gas (Israel) Limited Partnership, an Israeli limited partnership ("IPC Israel" or "IPC"), Ofer Energy Enterprises LP (in formation), an Israeli limited partnership ("Investor"), Ofer Investments Ltd., an Israeli company ("Ofer Investments"), Israel Petroleum Company, Limited, a Cayman Islands company ("IPC Cayman"), in its capacity as sole limited partner of IPC Israel and International Three Crown Petroleum LLC (a Colorado LLC) ("ITCP"), in its capacity as sole general partner of IPC Israel and as sole director of IPC Cayman. ITCP, IPC Israel, and IPC Cayman shall be referred to hereinafter as the "Developers". The Developers are entering into this Agreement severally and not jointly.

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JOINT OPERATING AGREEMENT Dated October 6, 2010 between IPC OIL AND GAS (ISRAEL) LIMITED PARTNERSHIP EMANUELLE ENERGY LIMITED EMANUELLE ENERGY OIL AND GAS LIMITED PARTNERSHIP THE ISRAEL LAND AND DEVELOPMENT COMPANY LIMITED IDB DEVELOPMENT CORPORATION...
Overriding Royalty Agreement • November 26th, 2010 • Bontan Corp Inc • Crude petroleum & natural gas

The entities named above, and their respective successors and assignees (if any), may sometimes individually be referred to as “Party” and collectively as the “Parties”.

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