MASTER SERVICE AGREEMENT TERMS AND CONDITIONSMaster Service Agreement • April 18th, 2008 • Tekoil & Gas Corp • Oil & gas field services, nec • Texas
THIS MASTER SERVICE AGREEMENT, this “Agreement,” is made and entered into this 4th day of February, 2008 between TEKOIL & GAS CORPORATION, (“CLIENT”) and the Corporate Accounting Group, which is a Division of Temporary Professionals, Inc., a Texas Corporation (“CAG” or “TPI” respectively). This Agreement sets forth the general terms and conditions pursuant to which CAG/TPI will provide services to CLIENT. The specific engagement scope and pricing will be separately documented in the Engagement Letter(s)/Proposal(s) dated at such time agreement upon services is reached, and any such additional Engagement Letter(s)/Proposal(s) as may be accepted by CLIENT from time to time hereafter.
Re: Credit and Guaranty Agreement dated as of May 11, 2007 (as amended, supplemented, or restated to the date hereof, the "Credit Agreement") among Tekoil and Gas Gulf Coast, LLC, a Delaware limited liability company ("Borrower"), Tekoil & Gas...Credit and Guaranty Agreement • April 18th, 2008 • Tekoil & Gas Corp • Oil & gas field services, nec
We refer to the Credit Agreement referenced above and note that all defined terms used in the Credit Agreement are used in this letter unless expressly provided for otherwise. Reference is further made to that certain ISDA Master Agreement dated as of May 11, 2007 (as amended, supplemented, or restated to the date hereof, and together with all confirmations issued thereunder, the "ISDA Agreement") between J. Aron & Company (in such capacity, "Lender Counterparty") and the Borrower.
