UNLIMITED GUARANTYUnlimited Guaranty • July 28th, 2011 • Mesa Energy Holdings, Inc. • Metal mining • Texas
This Unlimited Guaranty (this “Guaranty”) is entered into effective July 22, 2011 by Tchefuncte Natural Resources, LLC, a Louisiana limited liability company (“Guarantor”), for the benefit of The F&M Bank & Trust Company (“Lender”) for itself and as Collateral Agent under the Intercreditor Agreement (as defined below). For valuable consideration, Guarantor absolutely and unconditionally guarantees and promises to pay to Lender or its order, in legal tender of the United States of America, the Obligations (as defined below) of Mesa Energy, Inc. (“Borrower”) to Lender on the terms and conditions set forth in this Guaranty. Under this Guaranty, the liability of Guarantor is unlimited and the obligations of Guarantor are continuing.
SECURITY AGREEMENTSecurity Agreement • July 28th, 2011 • Mesa Energy Holdings, Inc. • Metal mining • Texas
This Security Agreement is entered into effective July 22, 2011, by Tchefuncte Natural Resources, LLC (“Grantor”), a Louisiana limited liability company, for the benefit of The F&M Bank & Trust Company (“Lender”). For valuable consideration, Grantor grants to Lender a security interest in the Collateral to secure the Obligations (as defined below) and agrees that Lender shall have the rights stated in this Agreement with respect to the Collateral, in addition to all other rights which Lender may have by law.
The F&M Bank & Trust Company Dallas, Texas 75219Loan Agreement • July 28th, 2011 • Mesa Energy Holdings, Inc. • Metal mining • Texas
This letter sets forth the Loan Agreement (this “Loan Agreement”) among Mesa Energy, Inc., a Nevada corporation (“Borrower”); Mesa Energy Holdings, Inc., a Delaware corporation, Tchefuncte Natural Resources, LLC (“TNR”), a Louisiana limited liability company, and Mesa Gulf Coast, LLC (“MGC”), a Texas limited liability company (collectively, “Guarantors”); and The F&M Bank & Trust Company (“Lender”), an Oklahoma state bank, with respect to loans from Lender to Borrower and obligations of Borrower to Lender.
PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • July 28th, 2011 • Mesa Energy Holdings, Inc. • Metal mining • Texas
This Pledge and Security Agreement (“Agreement”) is made as of the 22nd day of July, 2011, by Mesa Energy, Inc., a Nevada corporation (“Pledgor”), in favor of The F&M Bank & Trust Company, an Oklahoma state bank (“Lender”), as security for the Indebtedness of Pledgor to Lender. Pledgor hereby agrees with Lender as follows:
Amendment To Membership Interest Purchase AgreementMembership Interest Purchase Agreement • July 28th, 2011 • Mesa Energy Holdings, Inc. • Metal mining
This document shall serve as an Amendment to that certain Membership Interest Purchase Agreement dated June 1, 2011 by and between Mesa Energy Holdings, Inc., a corporation existing under the laws of Delaware (the “Parent”), Mesa Energy, Inc., a corporation existing under the laws of Nevada (the “Purchaser”), Tchefuncte Natural Resources, LLC, a Louisiana limited liability company (the “Company”), and the members of the Company listed on the signature pages hereof (collectively the “Sellers. The following amendment shall be effective upon execution of this document:
