EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • October 7th, 2024 • Vivakor, Inc. • Refuse systems • Texas
This EXECUTIVE EMPLOYMENT AGREEMENT (this “Agreement”) dated effective October 1, 2024 (the “Effective Date”), is by and between Vivakor ADMINISTRATION, LLC, a Texas limited liability company (the “Company”), and RUSS M. SHELTON, an individual domiciled in Collin County, Texas (the “Executive”). The Company and Executive may herein be referred to individually as a “Party” or collectively as the “Parties”.
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 • October 7th, 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.”
LOCK-UP AGREEMENTLock-Up Agreement • October 7th, 2024 • Vivakor, Inc. • Refuse systems
This LOCK-UP AGREEMENT (this “Lock-Up Agreement”) is made and entered into as of October 1, 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.
ContractSide Letter for Additional Compensation • October 7th, 2024 • Vivakor, Inc. • Refuse systems
Ballengee Holdings, LLC James Ballengee Manager 5220 Spring Valley Road, Ste. 520 Dallas, Texas 75254 (p) (318) 469-3084 (e) jballengee@ballengeeholdings.com
HORIZON TRUCK & TRAILER, LLC REPAIR & MAINTENANCE SUBSCRIPTION PLANRepair & Maintenance Subscription Plan • October 7th, 2024 • Vivakor, Inc. • Refuse systems • Texas
This Repair and Maintenance Subscription Plan, including all attached schedules hereto (collectively, this “Agreement”) is entered into as of October 1, 2024 by and between HORIZON TRUCK & TRAILER, LLC, a Texas limited liability company with its principal place of business at 5220 Spring Valley Road, Suite 520, Dallas, Texas 75254, or their designated agents or affiliates (“Provider”), and the Subscriber who signs Schedule A hereto (“Subscriber”), being a natural person or entity having its principal place of business as set forth below the Subscriber’s signature block of this Agreement. Provider and Subscriber may be referred to herein individually as a “Party” or collectively as the “Parties”. Provider and Subscriber agree as follows:
TRANSITION SERVICES AGREEMENTTransition Services Agreement • October 7th, 2024 • Vivakor, Inc. • Refuse systems
This TRANSITION SERVICES AGREEMENT (this “Agreement”) is dated effective October 1, 2024 (the “Effective Date”) is by and between BALLENGEE HOLDINGS, LLC, a Texas limited liability company (“Service Provider”), and VIVAKOR ADMINISTRATION, LLC, a Texas limited liability company whose address (“Service Recipient”). Grantor and Grantee may hereinafter be referred to individually as a “Party” or collectively as the “Parties”.
FIRST AMENDED AND RESTATED MASTER NETTING AGREEMENTMaster Netting Agreement • October 7th, 2024 • Vivakor, Inc. • Refuse systems • Nevada
This FIRST AMENDED AND RESTATED MASTER NETTING AGREEMENT (this “Agreement”) dated effective as of October 1, 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”.
ASSIGNMENT OF MEMBERSHIP INTERESTAssignment of Membership Interest • October 7th, 2024 • Vivakor, Inc. • Refuse systems
This ASSIGNMENT OF MEMBER INTEREST (this “Assignment”) dated effective October 1, 2024 (the “Effective Date”) is by and between JORGAN DEVELOPMENT, LLC, a Louisiana limited liability company, and JBAH HOLDINGS, LLC, a Texas limited liability company (“Assignors”), and VIVAKOR, INC., a Nevada corporation (“Assignee”). Assignors and Assignee may be referred to herein individually as a “Party” and collectively as the “Parties”.
