Exhibit 10.2 FIRST AMENDMENT TO SALES AND PURCHASE AGREEMENT This FIRST AMENDMENT dated as of April 20, 2006 (this "First Amendment") to that certain Sales and Purchase Agreement ("Agreement"), dated as of March 15, 2006, is by and between Structured...Sales and Purchase Agreement • April 26th, 2006 • Texhoma Energy Inc • Crude petroleum & natural gas
MADE BYMortgage, Security Agreement, Financing Statement and Assignment of Production • April 26th, 2006 • Texhoma Energy Inc • Crude petroleum & natural gas
COLLATERAL ASSIGNMENT made as of this day of April, 2006 by Texaurus ----- Energy, Inc. ("Assignor") to Laurus Master Fund, Ltd. ("Assignee"). FOR VALUE RECEIVED, and as collateral security for all debts, liabilities and obligations of Assignor to...Collateral Assignment • April 26th, 2006 • Texhoma Energy Inc • Crude petroleum & natural gas
FOR VALUE RECEIVED, and as collateral security for all debts, liabilities and obligations of Assignor to Assignee, now existing or hereafter arising under that certain Securities Purchase Agreement dated as of March 28, 2006 between Assignor and Assignee (the "SPA") and the Related Agreements (as defined in the SPA) (each as amended, modified, restated or supplemented from time to time), Assignor hereby assigns, transfers and sets over unto Assignee, its successors and assigns, all of its rights, but not its obligations, under that certain Sale and Purchase Agreement dated as of March 15, 2006, as amended as of April 20, 2006 between Structured Capital Corp. ("Seller") and Assignor and all of the agreements and documents by which assets or rights of Seller are transferred to Assignor (as each may be amended, modified, restated or supplemented from time to time, collectively, the "Agreements"), including, without limitation, all indemnity rights and all moneys and claims for moneys due
