MEMBERSHIP INTEREST PURCHASE AGREEMENT by and among JORGAN DEVELOPMENT, LLC and JBAH HOLDINGS, LLC, as Sellers and VIVAKOR, INC. as Purchaser March 21, 2024Membership Interest Purchase Agreement • March 25th, 2024 • Vivakor, Inc. • Refuse systems • Nevada
This MEMBERSHIP INTEREST PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of March 21, 2024 (the “Execution Date”) by and among JORGAN DEVELOPMENT, LLC, a Louisiana limited liability company (“Jorgan”) and JBAH HOLDINGS, LLC, a Texas limited liability company (“JBAH” and, together with Jorgan, the “Sellers”, and individually, each a “Seller”), as the equity holders of ENDEAVOR CRUDE, LLC f/k/a Meridian Transport, LLC, a Texas limited liability company (“Endeavor”), EQUIPMENT TRANSPORT, LLC, a Pennsylvania limited liability company (“ET”), MERIDIAN EQUIPMENT LEASING, LLC, a Texas limited liability company (“MEL”), and SILVER FUELS PROCESSING, LLC, a Texas limited liability company (“SFP” and, together with Endeavor, ET, and MEL, the “Companies”, and individually, each a “Company”), and VIVAKOR, INC., a Nevada corporation (“Purchaser”). Sellers and Purchaser may each be referred to herein as a “Party”, or collectively, as the “Parties.”
FORM OF LOCK-UP AGREEMENTLock-Up Agreement • March 25th, 2024 • Vivakor, Inc. • Refuse systems
This LOCK-UP AGREEMENT (this “Lock-Up Agreement”) is made and entered into as of [●], 2024, by and between Vivakor, Inc. (the “Company”) and the undersigned holder of shares of the Company’s common stock (the “Holder” and, together with the Company, the “Parties”). For all purposes of this Agreement, “Holder” includes any affiliate or controlling person of Holder, and any other agent, representative or other person with whom Holder is acting in concert.
FIRST AMENDED AND RESTATED MASTER NETTING AGREEMENTMaster Netting Agreement • March 25th, 2024 • Vivakor, Inc. • Refuse systems • Nevada
This FIRST AMENDED AND RESTATED MASTER NETTING AGREEMENT (this “Agreement”) dated effective as of [●], 2024 (the “Effective Date”), is by and between JORGAN DEVELOPMENT, LLC, a Louisiana limited liability company (“Jorgan”), JBAH Holdings, LLC, a Texas limited liability company (“JBAH”), SILVER FUELS DELHI, LLC, a Louisiana limited liability company (“SFD”), WHITE CLAW COLORADO CITY, LLC, a Texas limited liability company (“WCCC”), ENDEAVOR CRUDE, LLC, a Texas limited liability company (“Endeavor”), MERIDIAN EQUIPMENT LEASING, LLC, a Texas limited liability company (“MEL”), SILVER FUELS PROCESSING, LLC, a Texas limited liability company (“SFP”), WHITE CLAW CRUDE, LLC, a Texas limited liability company (“WCC”), CPE GATHERING MIDCON, LLC, a Delaware limited liability company (“Omega”), and VIVAKOR, INC., a Nevada corporation (“Vivakor”). Each and every of the foregoing parties are hereby referred to individually as a “Party” or collectively as the “Parties”.
