CONVERSION AGREEMENTConversion Agreement • March 16th, 2020 • Torchlight Energy Resources Inc • Crude petroleum & natural gas • Texas
Contract Type FiledMarch 16th, 2020 Company Industry JurisdictionThis Conversion Agreement (the “Agreement”) executed and effective on March __, 2020 and effective as of the date set forth below, by and between Torchlight Energy Resources, Inc., a Nevada corporation (the “Company”), Hudspeth Oil Corporation, a Texas corporation and wholly-owned subsidiary of the Company (“Hudspeth”), and _____________________________ (“Holder”). The Company, Hudspeth and Holder will each be referred to herein as a “Party” and collectively referred to herein as “Parties.”