0001199835-21-000016 Sample Contracts

CONSOLIDATED, AMENDED AND RESTATED SENIOR PROMISSORY NOTE

Senior Promissory Note • January 19th, 2021 • Laredo Oil, Inc. • Crude petroleum & natural gas • New York

• Contract Type
  Senior Promissory Note
• Filed
  January 19th, 2021
• Company
  Laredo Oil, Inc.
• Industry
  Crude petroleum & natural gas
• Jurisdiction
  New York

THIS CONSOLIDATED, AMENDED AND RESTATED SENIOR PROMISSORY NOTE, is made and entered into as of December 31, 2020, by Laredo Oil, Inc., a Delaware corporation (“Borrower”), for the benefit of Alleghany Corporation, a Delaware corporation (“Lender”).

SECURITY AGREEMENT

Security Agreement • January 19th, 2021 • Laredo Oil, Inc. • Crude petroleum & natural gas • New York

• Contract Type
  Security Agreement
• Filed
  January 19th, 2021
• Company
  Laredo Oil, Inc.
• Industry
  Crude petroleum & natural gas
• Jurisdiction
  New York

This SECURITY AGREEMENT, dated as of December 31, 2020 (together with all amendments, if any, from time to time hereto, this “Agreement”), by and among Stranded Oil Resources Corporation, a Delaware corporation (the “Grantor”), Laredo Oil, Inc., a Delaware corporation (the “Borrower”), and Alleghany Corporation, a Delaware corporation (the “Secured Party”).

CONSULTING AGREEMENT

Consulting Agreement • January 19th, 2021 • Laredo Oil, Inc. • Crude petroleum & natural gas • New York

• Contract Type
  Consulting Agreement
• Filed
  January 19th, 2021
• Company
  Laredo Oil, Inc.
• Industry
  Crude petroleum & natural gas
• Jurisdiction
  New York

This CONSULTING AGREEMENT (the “Agreement”) is entered into as of December 31, 2020, by and between Alleghany Corporation, a Delaware corporation (the “Company”), and Laredo Oil, Inc., a Delaware corporation (“Consultant,” and the Company and Consultant together referred to herein as the “Parties”).

SECURITIES PURCHASE AGREEMENT by and among ALLEGHANY CORPORATION, STRANDED OIL RESOURCES CORPORATION, SORC HOLDINGS LLC, and LAREDO OIL, INC. dated as of December 31, 2020

Securities Purchase Agreement • January 19th, 2021 • Laredo Oil, Inc. • Crude petroleum & natural gas • Delaware

• Contract Type
  Securities Purchase Agreement
• Filed
  January 19th, 2021
• Company
  Laredo Oil, Inc.
• Industry
  Crude petroleum & natural gas
• Jurisdiction
  Delaware

This Securities Purchase Agreement (this “Agreement”), dated as of December 31, 2020, is entered into by and among Alleghany Corporation, a Delaware corporation (“Seller”), Stranded Oil Resources Corporation, a Delaware corporation (“Company”), SORC Holdings LLC, a Delaware limited liability company (“Buyer”), and Laredo Oil, Inc., a Delaware corporation (“Laredo”, and collectively with Seller, Company, and Buyer, the “Parties”, and each individually, a “Party”).