WARRANT TO PURCHASE SHARES OF COMMON STOCK FOOTHILLS EXPLORATION, INC. A Delaware CorporationWarrant Agreement • October 5th, 2017 • Foothills Exploration, Inc. • Crude petroleum & natural gas • California
THIS CERTIFIES THAT, effective as of September 29, 2017, for value received, Elliot G. Freier, trustee of the Elliot G. Freier Revocable Trust U/A 9/6/06 (the “Holder”) is entitled to subscribe for and purchase from Foothills Exploration, Inc., a Delaware corporation (the “Company”), 375,000 shares of the Company’s Common Stock (as adjusted pursuant to Section 3 hereof) (the “Warrant Shares”) at the purchase price of $0.665 per share (as adjusted pursuant to Section 3 hereof) (the “Exercise Price”), upon the terms and subject to the conditions hereinafter set forth.
STOCKHOLDER GUARANTYStockholder Guaranty • October 5th, 2017 • Foothills Exploration, Inc. • Crude petroleum & natural gas • Colorado
This Stockholder Guaranty is made as of this 29th day of September, 2017 (this “Guaranty”), by Kevin J. Sylla (“Guarantor”) in favor of Elliot G. Freier, as trustee of the Elliot G. Freier Revocable Trust U/A 9/6/06 (“Beneficiary”).
