CONVERTIBLE DEBENTURE Fellows Energy Ltd., a Nevada corporationConvertible Debenture • June 17th, 2004 • Fellows Energy LTD • Oil & gas field exploration services • Nevada
FOR VALUE RECEIVED, Fellows Energy Ltd., a Nevada corporation (“Borrower”), hereby promises to pay to each party to this Convertible Debenture (each, a “Holder”), the principal amount set forth opposite such Holder’s name on Exhibit 1 attached hereto, on the terms and subject to the conditions specified in this Convertible Debenture dated as of June 4, 2004 (“Debenture”).
ATTACHMENT B SECURITY AGREEMENTSecurity Agreement • June 17th, 2004 • Fellows Energy LTD • Oil & gas field exploration services • Nevada
THIS SECURITY AGREEMENT (this “Agreement”), dated as of June 4, 2004, is between each holder of the Debenture (collectively, the “Secured Party”), John E. Rogers as Representative of the Secured Party (the “Representative”), and Fellows Energy Ltd., a Nevada corporation (the “Debtor”).
