Compensatory Royalty Agreement Sample Contracts

Contract
Compensatory Royalty Agreement • January 22nd, 2015
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COMPENSATORY ROYALTY AGREEMENT Lease Dated (the "Lease") [Insert additional description if applicable] (the "Said Lands" or “Leased Lands”) Our File No: [Identify additional file no.’s as applicable]
Compensatory Royalty Agreement • September 13th, 2016

As a result of negotiations regarding PrairieSky’s Notice of Default/Offset Notice dated Insert date (the “Default Notice/Offset Notice”), PrairieSky Royalty Ltd. (“Lessor”) is prepared to accept a compensatory royalty to remedy the offset obligations that are currently outstanding pursuant to the Lease a copy of which is attached hereto as Schedule “B”. Lessee Company Name (“Lessee”) and Lessor hereby agree that the offset obligation will be remedied by the payment of a compensatory royalty under the following terms and conditions set forth and agreed to herein (the “Agreement”):

Contract
Compensatory Royalty Agreement • December 30th, 2014
APPROVE THE AMENDMENT OF
Compensatory Royalty Agreement • December 12th, 2006

Compensatory Royalty Agreement PRC 4660, consisting of approximately 40.05 acres, is located within the Mokelumne River bed in San Joaquin County.

COMPENSATORY ROYALTY AGREEMENT
Compensatory Royalty Agreement • February 24th, 2022

Lease Dated (the "Lease") [Insert additional description if applicable] (the "Said Lands" or “Leased Lands”) Compensatory Royalty Start Date: [Insert Date]

CONSIDER AMENDMENT TO COMPENSATORY ROYALTY
Compensatory Royalty Agreement • December 21st, 2006
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