0001193125-14-062288 Sample Contracts

DIRECT STOCK PURCHASE AGREEMENT
Direct Stock Purchase Agreement • February 21st, 2014 • Arete Industries Inc • Crude petroleum & natural gas

THIS DIRECT STOCK PURCHASE AGREEMENT (this “DSPA”) is made as of January 30, 2014, by and between Burlingame Equity Investors Master Fund LP, whose address is One Montgomery Street, 33rd Floor San Francisco, CA 94104 (“Stock Seller”) and Arête Industries Inc., a Colorado corporation, whose address is 7260 Osceola Street Westminster, CO 80030 (“Stock Purchaser”).

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