Standard Contracts
EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services • California
I, Clark R. Moore, agree to the terms and conditions of employment with Pacific Energy Development Corp. (“Company”) set forth in this Employment Agreement (“Agreement”). This Agreement supersedes all previous agreements, promises, representations, understandings and negotiations between the parties, whether written or oral, with respect to the subject matter hereof.
OPERATING AGREEMENT by and among MIE JURASSIC ENERGY CORPORATION and PACIFIC ENERGY DEVELOPMENT CORP.Operating Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services • Nevada
This OPERATING AGREEMENT (“Agreement”) is entered into effective as of October 31, 2011 (the “Effective Date”) between and among CONDOR ENERGY TECHNOLOGY LLC, a company organized and existing under the laws of the State of Nevada, United States of America, and having its principal office at 3315 Highway 50, Silver Springs, Nevada 89429, United States of America (“CONDOR” or the “Company”), PACIFIC ENERGY DEVELOPMENT CORP., a company organized and existing under the laws of the State of Nevada, United States of America, and having its principal office at Suite 201A, 4125 Blackhawk Plaza Circle, Danville, California 94506, United States of America (“PEDCO”), and MIE JURASSIC ENERGY CORPORATION, a corporation validly incorporated and existing under the laws of Cayman Islands, and having its principal office at Suite 406, Block C, Grand Palace, 5 Hui Zhong Road, Chaoyang District, Beijing 100101 P.R. China (“MIE”). PEDCO and MIE are referred to collectively as the “Parties” and individuall
ContractWarrant Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services • California
THIS WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY APPLICABLE STATE LAWS, AND NO INTEREST THEREIN MAY BE SOLD, DISTRIBUTED, ASSIGNED, OFFERED, PLEDGED OR OTHERWISE TRANSFERRED UNLESS THERE IS AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT AND APPLICABLE STATE SECURITIES LAWS COVERING ANY SUCH TRANSACTION, OR SUCH TRANSACTION IS EXEMPT FROM THE REGISTRATION REQUIREMENTS OF SUCH ACT AND LAWS, SUCH COMPLIANCE, AT THE OPTION OF THE CORPORATION, TO BE EVIDENCED BY AN OPINION OF THE WARRANT HOLDER’S COUNSEL, ACCEPTABLE TO THE CORPORATION, THAT NO VIOLATION OF SUCH REGISTRATION PROVISIONS WOULD RESULT FROM ANY PROPOSED TRANSFER OR ASSIGNMENT.
February 29, 2012Stock Purchase Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services
PACIFIC ENERGY TECHNOLOGY SERVICES, LLC OPERATING AGREEMENT by and between PACIFIC ENERGY DEVELOPMENT CORP. and SOUTH TEXAS RESERVOIR ALLIANCE LLC Dated as of October 4, 2012Operating Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services • Nevada
This OPERATING AGREEMENT (“Agreement”) is entered into effective as of October 4, 2012 (the “Effective Date”) between and among PACIFIC ENERGY TECHNNOLOGY SERVICES, LLC, a limited liability company organized and existing under the laws of the State of Nevada, United States of America, and having its principal office at 4125 Blackhawk Plaza Circle, Suite 201, Danville, CA 94506, United States of America (“PETS” or the “Company”), PACIFIC ENERGY DEVELOPMENT CORP., a company organized and existing under the laws of the State of Nevada, United States of America, and having its principal office at Suite 201, 4125 Blackhawk Plaza Circle, Suite 201A, Danville, California 94506, United States of America (“PEDCO”), and SOUTH TEXAS RESERVOIR ALLIANCE, LLC, a limited liability company organized and existing under the laws of the State of Delaware, and having its principal office at 1416 Campbell Road, Building B, Suite 204, Houston, Texas 77055 (“STXRA”). PEDCO and STXRA are referred to collectiv
Consulting AgreementConsulting Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services • Texas
This Consulting Agreement (“Agreement”), dated November 26, 2011 (the “Effective Date”), is executed by and between South Texas Reservoir Alliance LLC, a company organized under the laws of the State of Delaware (“STXRA”) and Condor Energy Technology LLC (“CONDOR”). STXRA and CONDOR may each be referred to as a “Party” herein, and together as the “Parties.”
Consulting AgreementConsulting Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services • Texas
This Consulting Agreement (“Agreement”) is entered into September 19, 2011 (the “Effective Date”), by and between Pacific Energy Development Corp. (“PEDCO”), located at 4125 Blackhawk Plaza Circle, Suite 201-A, Danville, CA 94506, and South Texas Reservoir Alliance LLC (“STXRA”), located at 1416 Campbell Rd, Building B, Suite 204, Houston, Texas 77055 (collectively referred to as “Parties” or “the Parties”).
May 15, 2013Equity Compensation Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services
ContractWarrant Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services • California
THIS WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY APPLICABLE STATE LAWS, AND NO INTEREST THEREIN MAY BE SOLD, DISTRIBUTED, ASSIGNED, OFFERED, PLEDGED OR OTHERWISE TRANSFERRED UNLESS THERE IS AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT AND APPLICABLE STATE SECURITIES LAWS COVERING ANY SUCH TRANSACTION, OR SUCH TRANSACTION IS EXEMPT FROM THE REGISTRATION REQUIREMENTS OF SUCH ACT AND LAWS, SUCH COMPLIANCE, AT THE OPTION OF THE CORPORATION, TO BE EVIDENCED BY AN OPINION OF THE WARRANT HOLDER’S COUNSEL, ACCEPTABLE TO THE CORPORATION, THAT NO VIOLATION OF SUCH REGISTRATION PROVISIONS WOULD RESULT FROM ANY PROPOSED TRANSFER OR ASSIGNMENT.
NOTE AND WARRANT PURCHASE AGREEMENTNote and Warrant Purchase Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services • California
AGREEMENT FOR PURCHASE OF TERM ASSIGNMENTAgreement for Purchase of Term Assignment • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services • Kansas
MEMBERSHIP INTEREST PURCHASE AGREEMENT Among MIE JURASSIC ENERGY CORPORATION PACIFIC ENERGY DEVELOPMENT CORP. And WHITE HAWK PETROLEUM, LLC Dated May 23, 2012Membership Interest Purchase Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services • Texas
THIS MEMBERSHIP INTEREST PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of May 23, 2012 (the “Effective Date”), by and among MIE Jurassic Energy Corporation, a Cayman Islands corporation (“Purchaser”), Pacific Energy Development Corp., a Nevada corporation (“Seller”), and White Hawk Petroleum, LLC, a Nevada limited liability company (the “Company”). Seller, Purchaser and the Company are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”
Agreement on Joint CooperationJoint Cooperation Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services • Texas
This Agreement on Joint Cooperation (“Agreement”), dated April 27, 2011 (the “Effective Date”), is executed by and between South Texas Reservoir Alliance LLC, a company organized under the laws of the State of Delaware (“STXRA”), and Pacific Energy Development Company LLC, a company organized under the laws of the State of Nevada (“PEDCO”). STXRA and PEDCO may each be referred to as a “Party” herein, and together as the “Parties.”
ContractEmployment Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services
EXHIBIT A PACIFIC ENERGY DEVELOPMENT CORP. SUBSCRIPTION AGREEMENT Series A Convertible Preferred Stock at $0.75 per ShareSubscription Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services • California
TERM ASSIGNMENT EVALUATION AGREEMENTTerm Assignment Evaluation Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services • California
THIS TERM ASSIGNMENT EVALUATION AGREEMENT (this “Agreement”) is dated as of November 26, 2012, by and between Pacific Energy Development Corp., a Nevada corporation (“PEDCO”), and MIE Jurassic Energy Corporation, a Cayman Islands corporation (“MIEJ”).
March 28, 2012Stock Purchase Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services
Reference is hereby made to that certain Stock Purchase Agreement (the “Purchase Agreement”), dated December 16, 2011, between Pacific Energy Development Corp., a Nevada corporation (“Buyer”), the shareholders (“Sellers”) of Excellong E&P-2, Inc., a Texas corporation (the “Corporation”), and Excellong, Inc., a Texas corporation (“Excellong”). Buyer, Sellers and Excellong are sometimes referred to herein individually, as a “Party” and collectively, as the “Parties.” All capitalized terms used but not otherwise defined herein shall have the meanings set forth in the Purchase Agreement.
GAS PURCHASE CONTRACT Between CONDOR ENERGY TECHNOLOGY, LLC as Seller And DCP MIDSTREAM, LP as BuyerGas Purchase Contract • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services • Colorado
This Contract is entered into and effective as of June 1, 2012, between CONDOR ENERGY TECHNOLOGY, LLC (“Seller”) and DCP MIDSTREAM, LP (“Buyer”).
ContractWarrant Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services • California
NEITHER THIS WARRANT NOR ANY OF THE SECURITIES ISSUABLE UPON ITS EXERCISE HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 AND SUCH SECURITIES MAY NOT BE TRANSFERRED UNLESS COVERED BY AN EFFECTIVE REGISTRATION STATEMENT UNDER SAID ACT, OR AN OPINION OF COUNSEL SATISFACTORY TO THE ISSUER TO THE EFFECT THAT ANY SUCH TRANSFER IS EXEMPT FROM SUCH REGISTRATION.
February 9, 2012Stock Purchase Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services
Reference is hereby made to that certain Stock Purchase Agreement (the “Purchase Agreement”), dated December 16, 2011, between Pacific Energy Development Corp., a Nevada corporation (“PEDCO”), the shareholders (“Sellers”) of Excellong E&P-2, Inc., a Texas corporation (the “Corporation”), and Excellong, Inc., a Texas corporation (“Excellong”). PEDCO, Sellers and Excellong are sometimes referred to herein individually, as a “Party” and collectively, as the “Parties.” All capitalized terms used but not otherwise defined herein shall have the meanings set forth in the Purchase Agreement.
CONSULTING SERVICES AGREEMENTConsulting Services Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services • Texas
This CONSULTING SERVICES AGREEMENT (this “Agreement”) is entered into as of the Effective Date (as hereinafter defined) by Condor Energy Technology LLC, a Nevada limited liability company whose address is 4590 Deodar, PO Box 3540, Silver Springs, Nevada 89429 (“Condor”) and South Texas Reservoir Alliance LLC, a Delaware limited liability company whose address is 1416-B Campbell Rd, Suite 204, Houston, TX 77055 (“STXRA”).
AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENTEmployment Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services
This Amendment No. 1 to Employment Agreement (“Amendment”), effective as of January 11, 2013, is entered into by and between PEDEVCO Corp., as successor-in-interest to Pacific Energy Development Corp. (herein referred to as the “Company”), and Frank C. Ingriselli.
CONTRACT OPERATING SERVICES AGREEMENTContract Operating Services Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services • Texas
THIS CONTRACT OPERATING SERVICES AGREEMENT (this “Agreement”) made and entered into this 15th day of February, 2012, is by and between South Texas Reservoir Alliance LLC, a Delaware limited liability company (hereinafter “Contractor” or “STXRA”), and Condor Energy Technology LLC, a Nevada limited liability company (hereinafter “Owner” or “Condor”). Owner and Contractor may be referred to herein together, as the “Parties” and individually, as a “Party.”
INDEMNIFICATION AGREEMENTIndemnification Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services • California
This Indemnification Agreement ("Agreement") is entered into as of _________, 20__ by and between PEDEVCO Corp., a Texas corporation (the "Company") and [INDEMNITEE] ("Indemnitee").
AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENTEmployment Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services
This Amendment No. 1 to Employment Agreement (“Amendment”), effective as of January 11, 2013, is entered into by and between PEDEVCO Corp., as successor-in-interest to Pacific Energy Development Corp. (herein referred to as the “Company”), and Michael L. Peterson.
September 21, 2012Purchase and Sale Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services
Reference is hereby made to that certain Purchase and Sale Agreement (the “Purchase Agreement”), dated July 26, 2012, by and among Esenjay Oil & Gas, Ltd. (“Esenjay”), Winn Exploration Co., Inc. (“Winn”), Lacy Properties, Ltd. (“Lacy”), Crain Energy, Ltd. (“Crain”), Ravco, Inc. (“Ravco”), Arentee Investments (“Arentee”), and Schibi Oil & Gas, Ltd. (“Schibi”), as Sellers, and Condor Energy Technology LLC (“CONDOR”), as Buyer. Esenjay, Winn, Lacy, Crain, Ravco, Arentee, Schibi and CONDOR are sometimes referred to herein collectively, as the “Parties” or individually, as a “Party.” This Amendatory Letter Agreement No. 1 (this “Amendment”) sets forth the terms and conditions of the agreement among the Parties with regard to the above-referenced matter. All capitalized terms used but not otherwise defined herein shall have the meanings set forth in the Purchase Agreement.
EXHIBIT BWarrant Agreement • March 31st, 2014 • Pedevco Corp • Oil & gas field exploration services • California
NEITHER THIS WARRANT NOR ANY OF THE SECURITIES ISSUABLE UPON ITS EXERCISE HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 AND SUCH SECURITIES MAY NOT BE TRANSFERRED UNLESS COVERED BY AN EFFECTIVE REGISTRATION STATEMENT UNDER SAID ACT, OR AN OPINION OF COUNSEL SATISFACTORY TO THE ISSUER TO THE EFFECT THAT ANY SUCH TRANSFER IS EXEMPT FROM SUCH REGISTRATION.
