DEVELOPMENT AGREEMENT BY AND BETWEEN ZAZA ENERGY, LLC and Q-Z (IV) INVESTMENT PARTNERS, LLC DATED SEPTEMBER 18, 2014Development Agreement • September 24th, 2014 • ZaZa Energy Corp • Crude petroleum & natural gas • Texas
THIS DEVELOPMENT AGREEMENT (this “Agreement”) is made this 18th day of September, 2014 (the “Closing Date”) by and among ZaZa Energy, LLC, a Texas limited liability company (“ZaZa”) and Q-Z (IV) Investment Partners, LLC, a Delaware limited liability company (“Quantum”). ZaZa and Quantum shall sometimes be referred to herein together as the “Parties”, and individually as a “Party”.
AMENDMENT NO. 1 TO PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • September 24th, 2014 • ZaZa Energy Corp • Crude petroleum & natural gas
This Amendment No. 1 to Purchase and Sale Agreement (this “Amendment”), dated as of September 16, 2014 hereby amends that certain Purchase and Sale Agreement, dated as of August 21, 2014 (as amended, the “Purchase Agreement”), by and between ZaZa Energy, LLC, a Texas limited liability company (“Seller”), Q-Chalk VEX II (IV) Investment Partners, a Delaware general partnership (“Purchaser”) and Q-Z (IV) Investment Partners, LLC, a Delaware limited liability company (“Purchaser Assignee”). Each of Seller, Purchaser and Purchaser Assignee are sometimes referred to herein separately as a “Party” and collectively as the “Parties.” Capitalized terms used herein and not otherwise defined shall have the respective meanings assigned to such terms in the Purchase Agreement.
