AGREEMENT REGARDING INITIAL EXERCISE PRICE Reference is hereby made to that certain Common Stock Purchase Warrant dated June 8, 1999 (the "Warrant"), relating to the right to purchase shares of the common stock, $0.01 par value, of Hallwood Energy...Agreement Regarding Initial Exercise Price • August 11th, 1999 • Hallwood Energy Corp • Crude petroleum & natural gas
Reference is hereby made to that certain Common Stock Purchase Warrant dated June 8, 1999 (the "Warrant"), relating to the right to purchase shares of the common stock, $0.01 par value, of Hallwood Energy Corporation, a Delaware corporation (the "Company"), and issued to The Prudential Insurance Company of America ("Prudential"). Pursuant to the provisions of section 1A of the Warrant, the Company and Prudential agree that the Initial Exercise Price (as defined in the Warrant) has been determined as provided in such section 1A and is $__________.
