SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • April 7th, 2015 • Legend Oil & Gas, Ltd. • Drilling oil & gas wells • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of April 2, 2015, between Legend Oil and Gas, Ltd., a Colorado corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively, the “Purchasers”).
MEMBERSHIP INTEREST PURCHASE AGREEMENTMembership Interest Purchase Agreement • April 7th, 2015 • Legend Oil & Gas, Ltd. • Drilling oil & gas wells • Delaware
This Membership Interest Purchase Agreement (this “Agreement”), dated as of April 3, 2015, is entered into between BLACK DIAMOND ENERGY HOLDINGS LLC, a Delaware limited liability company (the “Company”), SHER TRUCKING L.L.C., a Nevada limited liability company (“Sher”), ALBERT VALENTIN, a resident of the State of North Dakota (“Valentin”), STEVEN WALLACE, a resident of the State of Utah (“Wallace”) (Sher, Valentin and Wallace being referred to herein collectively as “Sellers”) and LEGEND OIL AND GAS, LTD., a Colorado corporation (“Buyer”).
Sher Trucking L.L.C. Las Vegas, NV 89109Legend Oil & Gas, Ltd. • April 7th, 2015 • Drilling oil & gas wells
Reference is made to the Membership Interest Purchase Agreement (the “Purchase Agreement”) of even date herewith by and among Sher Trucking L.L.C. (“Sher”), Albert Valentin, Steven Wallace, Black Diamond Energy Holdings LLC and Legend Oil and Gas, Ltd. (“Buyer”). Capitalized terms used but not defined herein shall have the meaning ascribed to them in the Purchase Agreement.
SECURITY AGREEMENTSecurity Agreement • April 7th, 2015 • Legend Oil & Gas, Ltd. • Drilling oil & gas wells • Utah
THIS SECURITY AGREEMENT (this “Agreement”) is made and entered into as of April 3, 2015, by and among Sher Trucking L.L.C., a Nevada limited liability company (“Secured Party”), and Black Diamond Energy Holdings LLC, a Delaware limited liability company (“Black Diamond”), and its wholly-owned subsidiaries: Black Diamond Energy LLC, a Delaware limited liability company, Treeline Diesel Center LLC, a North Dakota limited liability company, BDE Tractor Leasing I LLC, a Delaware limited liability company, BDE Tractor Leasing II LLC, a Delaware limited liability company, BDE Trailer Leasing I LLC, a Delaware limited liability company, BDE Trailer Leasing II LLC, a Delaware limited liability company, BDE Trailer Leasing III LLC, a Delaware limited liability company, and BDE Trailer Leasing IV LLC, a Delaware limited liability company (collectively with Black Diamond, “Debtor”).
