MANAGEMENT SERVICES AGREEMENTManagement Services Agreement • August 14th, 2017 • Carbon Natural Gas Co • Crude petroleum & natural gas • Delaware
This MANAGEMENT SERVICES AGREEMENT, made and entered into this 23rdth day of February, 2017 (the “Effective Date”), by and between Carbon Natural Gas Company, a Delaware limited liability company (the “Manager”), and Carbon Appalachian Company, LLC, a Delaware limited liability company (the “Owner”). Manager and Owner are collectively referred to in this Agreement as the “Parties” and individually each a “Party”.
LIMITED LIABILITY COMPANY AGREEMENT OF CARBON APPALACHIAN COMPANY, LLC (A Delaware limited liability company) Dated as of February 23, 2017Limited Liability Company Agreement • August 14th, 2017 • Carbon Natural Gas Co • Crude petroleum & natural gas • Delaware
This LIMITED LIABILITY COMPANY AGREEMENT (this “Agreement”) of Carbon Appalachian Company, LLC (the “Company”), dated as of February 23, 2017 (the “Effective Date”), is entered into by and among Carbon Natural Gas Company, a Delaware corporation (“Carbon”), Yorktown Energy Partners XI, L.P., a Delaware limited partnership (“Yorktown”), Old Ironsides Fund II-A Portfolio Holding Company, LLC, a Delaware limited liability company (“OIE Fund II-A”) and Old Ironsides Fund II-B Portfolio Holding Company, LLC, a Delaware limited liability company (“OIE Fund II-B” and, together with OIE Fund II-A, “Old Ironsides”). Capitalized terms used herein without definition shall have the respective meanings assigned to such terms in Article XI.
