SECURITIES EXCHANGE AGREEMENT dated effective as of June 10, 2015 by and among ROYAL ENERGY RESOURCES, INC. and BLUE GROVE COAL, LLC and IAN GANZER and GARY GANZER SECURITIES EXCHANGE AGREEMENTSecurities Exchange Agreement • June 17th, 2015 • Royal Energy Resources, Inc. • Crude petroleum & natural gas • West Virginia
THIS SECURITIES EXCHANGE AGREEMENT (the “Agreement”), dated effective as of June 10, 2015 (the “Effective Date”), is entered into by and among Blue Grove Coal, LLC, a West Virginia limited liability company (“Blue Grove” or the “Company”) and Ian Ganzer and Gary Ganzer, the members of Blue Grove (the “Members”), at 304 Waitman Street, Morgantown, West Virginia 26501, and Royal Energy Resources, Inc., a Delaware corporation (“Royal”), at 56 Broad Street, Suite 2, Charleston, South Carolina 29401. Certain capitalized terms used in this Agreement are defined in Section 8.3 hereof.
EMPLOYMENT AGREEMENTEmployment Agreement • June 17th, 2015 • Royal Energy Resources, Inc. • Crude petroleum & natural gas • West Virginia
THIS AGREEMENT is made and entered into this 10 day of June 2015, (the “Effective Date”) between Royal Energy Resources, Inc., a Delaware corporation (the “Company”), and Ian Ganzer (“Employee”).
MANAGEMENT AGREEMENTManagement Agreement • June 17th, 2015 • Royal Energy Resources, Inc. • Crude petroleum & natural gas • West Virginia
This MANAGEMENT AGREEMENT (“Agreement”), is entered into as of the 10th day of June, 2015 (the “Agreement Date”), by and between BLUE GROVE COAL, LLC, a West Virginia limited liability company (“Operator”) and BLACK OAK RESOURCES, LLC, a West Virginia limited liability company (“Manager”).
