Subscription AgreementSubscription Agreement • March 10th, 2023 • Lafayette Energy Corp. • Crude petroleum & natural gas • New York
THE SECURITIES ARE BEING OFFERED PURSUANT TO SECTION 4(A)(2) OF THE SECURITIES ACT OF 1933 (THE “SECURITIES ACT”) AND RULE 506(b) PROMULGATED THEREUNDER AND HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OR THE SECURITIES LAWS OF ANY STATE OR ANY OTHER JURISDICTION. THERE ARE FURTHER RESTRICTIONS ON THE TRANSFERABILITY OF THE SECURITIES DESCRIBED HEREIN.
EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • March 10th, 2023 • Lafayette Energy Corp. • Crude petroleum & natural gas • Utah
THIS EXECUTIVE EMPLOYMENT AGREEMENT (the “Employment Agreement”) is made by and between Gregory L. Overholtzer (“Executive”) and Lafayette Energy Corp (the “Company”); Executive and the Company are collectively referred to as the “Parties”. This Agreement shall be effective as of February 14, 2023 (the “Effective Date”).
ACQUISITION AND DEVELOPMENT AGREEMENTAcquisition and Development Agreement • March 10th, 2023 • Lafayette Energy Corp. • Crude petroleum & natural gas
This ACQUISITION AND DEVELOPMENT AGREEMENT, dated as of March 8, 2022 (the “Effective Date”), is by and between Saur Minerals, LLC, a Louisiana limited liability company, with offices at 411 S. St. Pierre Street, Broussard, LA 70518 (“Seller”) and Lafayette Energy Corp., a Delaware corporation, with offices at 2140 South DuPont Highway, Camden, DE 19934 (“Buyer”, together with Seller, the “Parties”, and each individually, a “Party”).
SEISMIC LICENSE AGREEMENTSeismic License Agreement • March 10th, 2023 • Lafayette Energy Corp. • Crude petroleum & natural gas
This SEISMIC LICENSE AGREEMENT (this “Agreement”), dated as of March 8, 2022 (the “Effective Date”), is by and between Saur Minerals, LLC, a Louisiana limited liability company, with offices at 411 S. St. Pierre Street, Broussard, LA 70518 (“Licensor”) and Lafayette Energy Corp., a Delaware corporation, with offices at 2140 South DuPont Highway, Camden, DE 19934 (“Licensee”, together with Licensor, the “Parties”, and each individually, a “Party”).
Re: Amendment to Acquisition and Development Agreement, dated March 8, 2022, by and between Saur Minerals, LLC and Lafayette Energy Corp., as amended to date (the “Acquisition Agreement”)Acquisition and Development Agreement • March 10th, 2023 • Lafayette Energy Corp. • Crude petroleum & natural gas
This letter agreement, dated as of the Effective Date stated above (this “Letter Agreement”), upon execution and acceptance, as hereinafter provided, shall evidence the agreement of Saur Minerals, LLC, a Louisiana limited liability company (“Seller”) and Lafayette Energy Corp, a Delaware corporation (“Buyer”, together with Seller, the “Parties”, and each individually, a “Party”) with respect to the issuance of “Equity Consideration” to Seller under the Acquisition Agreement (as defined in the Acquisition Agreement). The Parties hereby agree and acknowledge that the Acquisition Agreement is amended, retroactively to its original Effective Date, to remove the requirement that any “Equity Consideration” be issued as part of the “Purchase Price” under the Acquisition Agreement.
AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • March 10th, 2023 • Lafayette Energy Corp. • Crude petroleum & natural gas • Utah
THIS AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT (the “Employment Agreement”) is made by and between Michael L. Peterson (“Executive”) and Lafayette Energy Corp (the “Company”); Executive and the Company are collectively referred to as the “Parties”. This Amended and Restated Employment Agreement amends and restates in its entirety that certain Executive Employment Agreement entered into by and between the Parties on April 1, 2022 (the “Original Agreement”). This Agreement shall be effective as of April 1, 2022 (the “Effective Date”).
Re: Amendment to Acquisition and Development Agreement, dated March 8, 2022, by and between Saur Minerals, LLC and Lafayette Energy Corp. (the “Acquisition Agreement”)Acquisition and Development Agreement • March 10th, 2023 • Lafayette Energy Corp. • Crude petroleum & natural gas
This letter agreement, dated as of the Effective Date (this “Letter Agreement”), upon execution and acceptance, as hereinafter provided, shall evidence the agreement of Saur Minerals, LLC, a Louisiana limited liability company (“Seller”) and Lafayette Energy Corp., a Delaware corporation (“Buyer”, together with Seller, the “Parties”, and each individually, a “Party”) with respect to the purchase and sale of certain Interests within the Development Area (each as defined in the Acquisition Agreement). To facilitate the prompt and efficient acquisition of Interests by Buyer under the Acquisition Agreement, the Parties hereby agree that instead of Seller first acquiring Interests that Seller then sells, assigns, conveys and transfers to Buyer through a subsequent Reconveyance in accordance with the terms of the Acquisition Agreement, the Parties agree that Buyer instead shall directly acquire such Interests in the first instance, with only subsequent Reconveyances to Seller of its ORRI as
AMENDED AND RESTATED CONSULTING AGREEMENTConsulting Agreement • March 10th, 2023 • Lafayette Energy Corp. • Crude petroleum & natural gas • Delaware
This Amended and Restated Consulting Agreement (this “Agreement”) is made and entered into as of January 20, 2023 and effective April 1, 2022, by and between Lafayette Energy Corp, a Delaware corporation, (the “Company”), and Frank Ingriselli (“Consultant”), and amends and restates in full that certain Consulting Agreement entered into by and between the Company and Consultant on April 1, 2022 (the “Original Agreement”).
Saur Minerals, LLC PO Box 61926 Lafayette, Louisiana 70596 Attn: Louis Bernard and Mike SchillingAsset Purchase Agreement • March 10th, 2023 • Lafayette Energy Corp. • Crude petroleum & natural gas • Texas
This letter agreement, dated as of the Effective Date (this “Agreement”), upon execution and acceptance, as hereinafter provided, shall evidence the agreement of Saur Minerals, LLC, a Louisiana limited liability company (“Seller”) and Lafayette Energy Corp., a Delaware corporation (“Buyer”, together with Seller, the “Parties”, and each individually, a “Party”) with respect to the purchase and sale of certain Assets (as defined below).
