SUBSCRIPTION ESCROW AGREEMENTSubscription Escrow Agreement • October 10th, 2000 • PDC 2003 Drilling Program • New York
Subscription Escrow Agreement (the "Escrow Agreement") dated as of the effective date (the "Effective Date") set forth on schedule 1 attached hereto ("Schedule 1") by and among the limited partnership identified on Schedule 1 (the "Issuer"), the corporation identified on Schedule 1 (the Depositor") and Chase Manhattan Trust Company, National Association, as escrow agent hereunder (the "Escrow Agent").
EXHIBIT (1) (a) Dealer-Manager Agreement PDC 2003 Drilling Program DEALER/MANAGER AGREEMENTPDC 2003 Drilling Program • October 10th, 2000 • West Virginia
The undersigned, Petroleum Development Corporation, a Nevada corporation ("PDC"), the Managing General Partner of PDC 2003 Drilling Program, a series of limited partnerships to be organized under the laws of West Virginia (the "Partnership"), hereby confirms and agrees as follows:
EXHIBIT (10) (a) Form of Drilling and Operating Agreement DRILLING AND OPERATING AGREEMENTAnd Operating Agreement • October 10th, 2000 • PDC 2003 Drilling Program
This Agreement is entered into by and between PDC 2001- Limited Partnership, hereinafter designated and referred to as the "Partnership", and Petroleum Development Corporation, hereinafter referred to and designated as "PDC".
EXHIBIT (1) (b) Selling Dealers Agreement PDC SECURITIES INCORPORATED BRIDGEPORT, WEST VIRGINIA 26330 Selling Dealers AgreementPDC 2003 Drilling Program • October 10th, 2000 • West Virginia
We have entered into a Dealer Manager Agreement (the "Dealer Manager Agreement") with Petroleum Development Corporation, a Nevada corporation ("PDC"), the proposed Managing General Partner of PDC 2001-A, B, C, and D; PDC 2002-A, B, C, and D and 2003-A, B, C, and D, a series of limited partnerships to be formed under the laws of West Virginia (the "Partnership"), under which we have agreed to use our best efforts to place with qualified investors preformation partnership interests in the Partnership ("Units"). PDC and the Partnership are offering up to $150,000,000 of Units consisting of 7,500 Units at a price of $20,000 per Unit with fractional Units available as described in the Partnership's Offering Prospectus, dated 2001 (the "Prospectus"), a copy of which has previously been furnished to you.
