September 18, 2013Compensation Agreement • November 14th, 2013 • Tengasco Inc • Crude petroleum & natural gas
This letter is a compensation offer and is not an employment contract, and your employment as Chief Financial Officer and interim CEO continues as “at will” employment meaning either you or the Company may terminate your employment at any time for any lawful reason. If you accept this compensation offer, it will become effective as of September 9, 2013. You and the Company agree that your compensation will be as follows:
FOURTEENTH AMENDMENT TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • November 14th, 2013 • Tengasco Inc • Crude petroleum & natural gas • Texas
This Fourteenth Amendment to Loan and Security Agreement (this “Amendment”) is made and entered into as of October 24, 2013 (“Effective Date”),by and between THE F&M BANK & TRUST COMPANY (“Lender”), acting as a lender on its own behalf, as Agent under the Loan Agreement (as defined below), and as collateral agent on behalf of CARGILL, INCORPORATED, a Delaware corporation (“Cargill”) as a Hedge Provider, and TENGASCO, INC., a Delaware corporation (“Borrower”), TENNESSEE LAND & MINERAL CORPORATION (“TLMC”), TENGASCO PIPELINE CORPORATION
