SECURITIES PURCHASE AND EXCHANGE AGREEMENTSecurities Purchase and Exchange Agreement • June 7th, 2013 • Starboard Resources, Inc. • Crude petroleum & natural gas • New York
SECURITIES PURCHASE AND EXCHANGE AGREEMENT (as may be amended, restated, supplemented or otherwise modified in accordance herewith and in effect from time to time, this “Agreement”) dated as of June 10, 2011, by and among Starboard Resources LLC, a Delaware limited liability company, with principal offices located at One Stamford Plaza, 15th Floor, Stamford, Connecticut 06901 (the “Company”), Longview Marquis Master Fund, L.P., a British Virgin Islands limited partnership (“LMMF”), Summerview Marquis Fund, L.P., a Delaware limited partnership (“SMF”), Longview Marquis Fund, L.P., a Delaware limited partnership (“Longview”), LMIF Investments, LLC, a Delaware limited liability company (“LMIFI”), SMF Investments, LLC, a Delaware limited liability company (“SMFI”), Summerline Capital Partners, LLC, a Delaware limited liability company (“Summerline” and, together with LMMF, SMF, Longview, LMIFI and SMFI, each a “Summerline Seller” and, collectively, the “Summerline Sellers”), Giddings Oil &
