AGREEMENT REGARDING NEW EQUITY RAISE UNDER THE MODIFIED SECOND AMENDED JOINT PLAN OF REORGANIZATIONAgreement Regarding New Equity Raise • May 1st, 2009 • Black Raven Energy, Inc. • Natural gas transmission
THIS AGREEMENT REGARDING NEW EQUITY RAISE UNDER THE MODIFIED SECOND AMENDED JOINT PLAN OF REORGANIZATION (the “Agreement”) is made and entered into, effective as of April 13, 2009 (the “Effective Date”), by and among BLACK RAVEN ENERGY, INC., a Nevada corporation (the “Company”); WEST COAST OPPORTUNITY FUND, LLC, a Delaware limited liability company (“WCOF”); and the OFFICIAL COMMITTEE OF UNSECURED CREDITORS APPOINTED BY THE BANKRUPTCY COURT IN THE COMPANY’S BANKRUPTCY CASE (the “Committee”), with reference to the following facts:
