REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • November 24th, 2009 • Transatlantic Petroleum Ltd. • Oil & gas field exploration services • New York
Pursuant to an underwriting agreement, dated as of November 5, 2009 (the “Underwriting Agreement”), among the TransAtlantic Petroleum Ltd. (the “Company”), Canaccord Capital Corporation (the “Representative”) and the other underwriters named therein (with the Representative, collectively, the “Underwriters”), the Company is selling 38,298,600 Common Shares (the “Initial Shares”) to the Underwriters and may sell an additional 5,744,790 Common Shares to the Underwriters or their Affiliates, agents or standby purchasers to cover over-allotments (the “Over-Allotment Shares”). In addition, the Company is selling contemporaneously 4,255,400 Common Shares (the “Dalea Shares”) to Dalea Partners, LP (“Dalea”). To induce the Underwriters to purchase the Initial Shares and the Over-Allotment Shares (if any) and to induce Dalea to purchase the Dalea Shares, the Company is entering into this Registration Rights Agreement (the “Agreement”) with the Representative on behalf of the Holders (as defined
