0001137171-06-001418 Sample Contracts

DISTRIBUTION REINVESTMENT PLAN SERVICES AGREEMENT
Distribution Reinvestment Plan Services Agreement • June 14th, 2006 • Paramount Energy Trust • Crude petroleum & natural gas • Alberta

PARAMOUNT ENERGY OPERATING CORP. (the “Company”), as administrator and on behalf of PARAMOUNT ENERGY TRUST, a trust formed under the laws of the Province of Alberta (the "Trust")

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COMPUTERSHARE TRUST COMPANY OF CANADA SUBSCRIPTION RECEIPT AGREEMENT
Paramount Energy Trust • June 14th, 2006 • Crude petroleum & natural gas • Alberta

This is Schedule "C" to a Subscription Receipt Agreement made as of April 26, 2005 among Paramount Energy Trust, BMO Nesbitt Burns Inc., CIBC World Markets Inc., Scotia Capital Inc., TD Securities Inc., National Bank Financial Inc., FirstEnergy Capital Corp., First Associates Investments Inc., GMP Securities Ltd., Raymond James Ltd. and Peters & Co. Limited and Computershare Trust Company of Canada, as Escrow Agent

FIRST SUPPLEMENTAL TRUST INDENTURE
First Supplemental Trust Indenture • June 14th, 2006 • Paramount Energy Trust • Crude petroleum & natural gas • Alberta

PARAMOUNT ENERGY TRUST, an open ended trust governed under the laws of the Province of Alberta and having its head office in the City of Calgary, in the Province of Alberta (hereinafter called the "Trust")

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