EXCHANGE AGREEMENT dated as of September 27, 2022 by and among ABRAXAS PETROLEUM CORPORATION and BIGLARI HOLDINGS, INC.Exchange Agreement • October 3rd, 2022 • Abraxas Petroleum Corp • Crude petroleum & natural gas • Nevada
THIS EXCHANGE AGREEMENT, dated as of September 27, 2022 (this “Agreement”), is made by and between Abraxas Petroleum Corporation, a Nevada corporation (the “Company”), and Biglari Holdings, Inc., an Indiana corporation (“Holdings” and each of the Company and Holdings referred to herein as a “Party” and together, the “Parties”).
