PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • August 30th, 2013 • Torch Energy Royalty Trust • Oil royalty traders • Delaware
This PURCHASE AND SALE AGREEMENT (the “Agreement”) is made this 30th day of August, 2013, by and among Torch Energy Royalty Trust, a Delaware statutory trust (“Seller” or “Trust”), Torch Royalty Company, a Delaware company (“TRC”), Torch E&P Company, a Delaware company (“TEP”), N.M.L. Inc., of Texas (formerly Torch Energy Services, Inc.), a Texas corporation (“NML” and collectively with TRC and TEP, the “Buying Parties”), and Torch Energy Advisors Incorporated, a Delaware company (“TEAI”). TEAI is an Affiliate (as defined in Section 31) of the Buying Parties. Seller, TEAI, TRC, TEP and NML may be collectively referred to herein as the “Parties” and each is sometimes referred to individually herein as a “Party.”
