ContractIndonesia Energy Corp LTD • January 25th, 2022 • Crude petroleum & natural gas • New York
THIS NOTE HAS NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS AS EVIDENCED BY A LEGAL OPINION OF COUNSEL TO THE TRANSFEROR TO SUCH EFFECT, THE SUBSTANCE OF WHICH SHALL BE REASONABLY ACCEPTABLE TO THE COMPANY. THIS NOTE AND THE SECURITIES ISSUABLE UPON CONVERSION OF THIS NOTE MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT SECURED BY SUCH SECURITIES.
SECOND AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • January 25th, 2022 • Indonesia Energy Corp LTD • Crude petroleum & natural gas
THIS SECOND AMENDMENT TO EMPLOYMENT AGREEMENT (“Amendment”) is entered into effective as of January 1, 2022 (the “Effective Date”) by and between Indonesia Energy Corporation Limited, a Cayman Islands exempted company (the “Company”) and Gregory Overholtzer, an individual (the “Executive”).
GUARANTEEGuarantee • January 25th, 2022 • Indonesia Energy Corp LTD • Crude petroleum & natural gas
This GUARANTEE (this “Guarantee”) dated as of January 21, 2022, by WJ Energy Group Limited (“Guarantor”), in favor of the investors signatory to the Purchase Agreement (as defined below).
FORM OF ORDINARY SHARE PURCHASE WARRANT INDONESIA ENERGY CORPORATION LIMITEDIndonesia Energy Corp LTD • January 25th, 2022 • Crude petroleum & natural gas
THIS ORDINARY SHARE PURCHASE WARRANT (the “Warrant”) certifies that, for value received, L1 Capital Global Opportunities Master Fund, Ltd., a Cayman Islands limited company, or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after [ , 2022 (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on [ , 2027 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Indonesia Energy Corporation Limited, a Cayman Islands exempted company with limited liability (the “Company”), up to [ ] ([ ) Ordinary Shares (as subject to adjustment hereunder, the “Warrant Shares”). The purchase price of one Ordinary Share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • January 25th, 2022 • Indonesia Energy Corp LTD • Crude petroleum & natural gas • New York
This Securities Purchase Agreement (as amended, supplemented, restated and/or modified from time to time, this “Agreement”) is entered into as of January 21, 2022, by and between Indonesia Energy Corporation Limited, a Cayman Islands exempted company (the “Company”), and each investor identified on the signature pages hereto (each, including its successors and assigns, an “Investor” and collectively, the “Investors”).
SECOND AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • January 25th, 2022 • Indonesia Energy Corp LTD • Crude petroleum & natural gas
THIS SECOND AMENDMENT TO EMPLOYMENT AGREEMENT (“Amendment”) is entered into effective as of January 1, 2022 (the “Effective Date”) by and between Indonesia Energy Corporation Limited, a Cayman Islands exempted company (the “Company”) and Frank Ingriselli, an individual (the “Executive”).
