30,357,143 Shares TRANSATLANTIC PETROLEUM LTD. Common Shares PLACEMENT AGENCY AGREEMENTPlacement Agency Agreement • September 28th, 2010 • Transatlantic Petroleum Ltd. • Oil & gas field exploration services • New York
TransAtlantic Petroleum Ltd., a Bermuda exempted company with limited liability (the “Company”), proposes, subject to the terms and conditions stated in this Placement Agency Agreement (this “Agreement”), to issue and sell an aggregate of 30,357,143 shares (the “Shares”) of the Company’s common shares, $0.01 par value (the “Common Shares”). The Company hereby confirms its agreement with Madison Williams and Company LLC (“Madison Williams”) and Wunderlich Securities, Inc. (“Wunderlich”), as set forth below. Madison Williams and Wunderlich are referred to herein collectively as the “Placement Agents” and each individually as a “Placement Agent”.
SUBSCRIPTION ESCROW AGREEMENT among TRANSATLANTIC PETROLEUM LTD., MADISON WILLIAMS AND COMPANY LLC, and CITIBANK, N.A., as Escrow Agent Dated as of September 27, 2010Subscription Escrow Agreement • September 28th, 2010 • Transatlantic Petroleum Ltd. • Oil & gas field exploration services • New York
This Subscription Escrow Agreement (this “Agreement”), dated as of September 27, 2010, is entered into by and among TransAtlantic Petroleum Ltd., a Bermuda corporation (the “Company”), Madison Williams and Company LLC (“Madison Williams”), as the lead placement agent for itself and on behalf of the Company’s other placement agents in the Offering (as defined below) (collectively Madison Williams and the other placement agents are referred to herein as the “Placement Agents”), and CITIBANK, N.A., a national banking association incorporated under the laws of the United States of America (the “Escrow Agent”).
