SECURITY AGREEMENTSecurity Agreement • March 2nd, 2011 • Blast Energy Services, Inc. • Oil & gas field exploration services • New York
This SECURITY AGREEMENT (this “Agreement”), dated as of February 24, 2011, among the Grantor(s) listed on the signature pages hereof and those additional entities that hereafter become parties hereto by executing the form of Supplement attached hereto as Annex 1 (collectively, jointly and severally, the “Grantors” and each, individually, a “Grantor”), and XXXXXXXXX (together with its successors and assigns, the “Secured Party”).
GUARANTYGuaranty • March 2nd, 2011 • Blast Energy Services, Inc. • Oil & gas field exploration services • New York
This GUARANTY (the “Guaranty”), dated as of February 24, 2011, is executed and delivered by Eagle Domestic Drilling Operations LLC (“Eagle”), and Blast AFJ, Inc. (“Blast AFJ”; Eagle and Blast AFJ, collectively, the “Guarantors” and each, individually, a “Guarantor”) in favor of XXXXXXXXX, in its capacity as the Investor under the Purchase Agreement (as defined below) and as Secured Party under the Security Agreement (as defined below) (in such capacities, and together with its successors, transferees and assigns, the “Secured Party”).
STOCK PURCHASE AGREEMENTStock Purchase Agreement • March 2nd, 2011 • Blast Energy Services, Inc. • Oil & gas field exploration services • New York
THIS STOCK PURCHASE AGREEMENT (this “Agreement”) is made this 24th day of February, 2011, by and among BLAST ENERGY SERVICES, INC., a Texas corporation (the “Company”) and XXXXXXXXX (the “Investor”).
February 24, 2011Blast Energy Services, Inc. • March 2nd, 2011 • Oil & gas field exploration services • New York
Reference is made to that certain Note Purchase Agreement, dated as of February 24, 2011 (as it may be amended, supplemented, restated or otherwise modified from time to time, the “Purchase Agreement”) by and among Blast Energy Services, Inc., a Texas corporation (the “Company”), and XXXXXXXXX, a Delaware limited liability company (the “Investor”). Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Purchase Agreement.
NOTE PURCHASE AGREEMENT Dated as of February 24, 2011Note Purchase Agreement • March 2nd, 2011 • Blast Energy Services, Inc. • Oil & gas field exploration services • New York
This NOTE PURCHASE AGREEMENT, dated as of February 24, 2011 (this “Agreement”), is by and between BLAST ENERGY SERVICES, INC., a Texas corporation (the “Company”), and XXXXXXXXX, a Delaware limited liability company (the “Investor”).
SUBORDINATION AND INTERCREDITOR AGREEMENTSubordination and Intercreditor Agreement • March 2nd, 2011 • Blast Energy Services, Inc. • Oil & gas field exploration services • New York
THIS SUBORDINATION AND INTERCREDITOR AGREEMENT (“Agreement”) (this “Agreement”) is entered into as of February 24, 2011 among Blast Energy Services, Inc., a Texas corporation (“Borrower”); XXXXXXXXX, a Delaware limited liability company (“Senior Creditor”); and Berg McAfee Companies, LLC, a California limited liability company (“Junior Creditor”).
