Rancher Energy Corp. 999-18th Street, Suite 1740 Denver, Colorado 80202 Telephone: (303) 629-1122 Fax: (720) 904-5698Letter Agreement • December 18th, 2006 • Rancher Energy Corp. • Gold and silver ores • Colorado
This letter agreement (the “Agreement”) sets forth the terms and conditions under which certain of the Option Holders who have acquired one or more Options to purchase Common Stock agree to amend their option agreement to temporarily delay their ability to exercise any Option held by such Option Holder. Capitalized terms used herein and not defined herein shall have the meanings set forth in the Plan (as defined below).
UNIT PURCHASE AGREEMENTUnit Purchase Agreement • December 18th, 2006 • Rancher Energy Corp. • Gold and silver ores • Nevada
The undersigned Subscriber hereby declares and affirms that he/she/they have read the within and foregoing Stock Purchase Agreement, is familiar with the contents thereof and agrees to abide by the terms and conditions set forth therein, and knows the statements therein to be true and correct.
To: The holders of units (individually a “Unit Holder” and collectively the “Unit Holders”) consisting of shares (the “Shares”) of common stock, $.0001 par value (the “Common Stock”), and warrants (the “Warrants”) to purchase shares of Common Stock...Letter Agreement • December 18th, 2006 • Rancher Energy Corp. • Gold and silver ores • Colorado
This letter agreement (the “Agreement”) sets forth the terms and conditions under which certain of the Unit Holders who participated in the Company’s Regulation S offering from approximately 10 July 2006 through 02 November 2006 (the “Unit Offering”) agree to (i) waive temporarily the ability to exercise Warrants received as part of the Unit Offering, and (ii) to modify the registration rights concerning the Warrants and Shares received in the Unit Offering. Capitalized terms used herein and not defined herein shall have the meanings set forth in the Warrant Certificate (as defined below) or the Unit Purchase Agreement (as defined below).
