July 20, 2018Membership Interest Purchase Agreement • August 14th, 2018 • Carbon Energy Corp • Crude petroleum & natural gas
Re: Membership Interest Purchase Agreement (“Purchase Agreement”) dated as of May 4, 2018 by and among Old Ironsides Fund II-A Portfolio Holding Company, LLC, a Delaware limited liability company, and Old Ironsides Fund II-B Portfolio Holding Company, LLC, a Delaware limited liability company (together, the “Sellers”); and Carbon Natural Gas Company (n/k/a Carbon Energy Corporation), a Delaware corporation (the “Purchaser”)
MEMBERSHIP INTEREST PURCHASE AGREEMENTMembership Interest Purchase Agreement • August 14th, 2018 • Carbon Energy Corp • Crude petroleum & natural gas • Delaware
This Membership Interest Purchase Agreement (this “Agreement”), dated as of May 4, 2018 (the “Execution Date”), is made and entered into by and among 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 each of OIE Fund II-A and OIE Fund II-B, a “Seller,” and together, the “Sellers”), and Carbon Natural Gas Company, a Delaware corporation (the “Purchaser”) and concerns the Class A Units of Carbon Appalachian Company, LLC, a Delaware limited liability company (the “Company”) held by the Sellers. Capitalized terms used but not defined herein shall have the respective meanings given to such terms in the LLC Agreement (as defined herein).
