INVESTOR’S AGREEMENTInvestor's Agreement • August 11th, 2010 • Magellan Petroleum Corp /De/ • Crude petroleum & natural gas • Delaware
As a mutual inducement to enter into the Purchase Agreement (as defined below), this Investor’s Agreement (this “Agreement”) is made and entered into as of this 5th day of August, 2010, by and between Magellan Petroleum Corporation, a Delaware corporation (the “Company”), and Young Energy Prize S.A., a Luxembourg corporation (the “Investor”, which term shall mean and include any Affiliate of such corporation designated to purchase Shares (as defined below) as contemplated by the Purchase Agreement).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • August 11th, 2010 • Magellan Petroleum Corp /De/ • Crude petroleum & natural gas • Delaware
This Securities Purchase Agreement (this “Agreement”) is dated as of August 5, 2010, between Magellan Petroleum Corporation, a Delaware corporation (the “Company”), and Young Energy Prize S.A., a Luxembourg corporation (the “Investor”, which term shall mean and include any Affiliate (as defined below) of such Luxembourg corporation designated by it to purchase any Shares (as defined below) at any Closing (as defined below)).
MEMORANDUM OF AGREEMENTMemorandum of Agreement • August 11th, 2010 • Magellan Petroleum Corp /De/ • Crude petroleum & natural gas
This Memorandum of Agreement is made this 5th day of August, 2010 by Magellan Petroleum Corporation (“Magellan”) and Young Energy Prize S.A. (“YEP”) with respect to the Securities Purchase Agreement between Magellan and YEP dated August 5, 2010 (the “Agreement”). All capitalized terms used but not defined herein shall have the meanings ascribed thereto in the Agreement. Notwithstanding any provision of the Agreement to the contrary, in consideration of the mutual promises set forth below and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Magellan and YEP acknowledge and agree as follows.
