SUPPORT AGREEMENT between PARAMOUNT ENERGY TRUST - and - PARAMOUNT ENERGY OPERATING CORP. - and - PROFOUND ENERGY INC. March 30, 2009Support Agreement • April 17th, 2009 • Paramount Energy Trust • Crude petroleum & natural gas • Alberta
PET is prepared to make, or cause a direct or indirect wholly-owned subsidiary ("Offerco") to make, an offer (the "Offer") by way of take-over bid to acquire all of the outstanding Common Shares (as defined herein) in the capital of Profound, including any and all Common Shares issued or issuable upon the exercise of any Options (as defined herein), Performance Warrants (as defined herein) or other securities in the capital of Profound, for the consideration set forth herein;
SPECIAL WARRANT AGREEMENT between PROFOUND ENERGY INC. - and - PARAMOUNT ENERGY TRUST March 30, 2009Special Warrant Agreement • April 17th, 2009 • Paramount Energy Trust • Crude petroleum & natural gas • Alberta
WHEREAS PET has agreed to subscribe for and purchase from the Corporation, and the Corporation has agreed to issue and sell to PET, upon and subject to the terms and conditions of this Agreement, 9,224,310 special warrants of the Corporation created hereunder and having the rights, privileges and other terms provided herein at a price of $0.75 per special warrant;
