Net Profits Interest Agreement Sample Contracts

NET PROFITS INTEREST AGREEMENT
Net Profits Interest Agreement • January 19th, 2022 • Laredo Oil, Inc. • Crude petroleum & natural gas • Colorado

This Net Profits Interest Agreement (this “Agreement”) dated October [●], 2021 (the “Effective Date”), is by and among Lustre Oil Company LLC, a Montana limited liability company (“Lustre”), Erehwon Oil & Gas, LLC, a Colorado limited liability company (“Erehwon” and together with Lustre, “Owners”), Olfert No. 11-4 Holdings, LLC, a Montana limited liability company (“Holdings”), and Laredo Oil, Inc., a Delaware corporation (for the limited purpose of the Payment Credit as set forth in Section 2) (“Laredo”). Lustre, Erehwon and Holdings may collectively be referred to herein as the “Parties” and each as a “Party.”

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AGREEMENT AND CONVEYANCE OP NET PROFITS INTEREST
Net Profits Interest Agreement • March 31st, 2008 • Tengasco Inc • Crude petroleum & natural gas • Tennessee

THIS AGREEMENT AND CONVEYANCE is by and between MANUFACTURED METHANE CORPORATION, a Tennessee Corporation, as GRANTOR and HOACTZIN PARTNERS, LP as GRANTEE. Capitalized terms used but not defined herein shall have the meaning ascribed to them under that certain Kansas Ten Well Drilling Program of even date herewith.

NET PROFITS INTEREST AGREEMENT NEW CENTURY ENERGY CORP. and CENTURY RESOURCES, INC. and VALENS U.S. SPV I, LLC and VALENS OFFSHORE SPV II, CORP. Dated as of November 30, 2007
Net Profits Interest Agreement • December 4th, 2007 • New Century Energy Corp. • Crude petroleum & natural gas • Texas

THIS NET PROFITS INTEREST AGREEMENT (“Agreement”) is made and entered into as of this 30th day of November, 2007, and is between NEW CENTURY ENERGY CORP. (“NCEC”), a Colorado corporation, and CENTURY RESOURCES, INC. (“CRI”), a Delaware corporation (each a “WI Owner” and, collectively, “WI Owners”), and VALENS U.S. SPV I, LLC, a Delaware limited liability company, and VALENS OFFSHORE SPV II, CORP., a Delaware corporation (collectively, “Assignees”).

Michael W. Reschke Chairman of the Board Chief Executive Officer June 11, 2003 Gary J. Skoien
Net Profits Interest Agreement • August 14th, 2003 • Horizon Group Properties Inc • Real estate investment trusts

Reference is hereby made to that certain letter agreement, dated October 29, 2001 (the “10/29/01 Letter”), as subsequently amended, between you and The Prime Group, Inc. Capitalized terms used in this letter that are no specifically defined in this letter, but that are defined in the 10/29/01 Letter, shall have the meanings given such term in the 10/29/01 Letter.

WITNESSETH:
Net Profits Interest Agreement • June 28th, 2004 • Clifton Mining Co
NET PROFITS INTEREST AGREEMENT GULF COAST OIL CORPORATION and VALENS U.S. SPV I, LLC and VALENS OFFSHORE SPV II, CORP. Dated as of November 20, 2007
Net Profits Interest Agreement • November 27th, 2007 • New Century Energy Corp. • Crude petroleum & natural gas • Texas

THIS NET PROFITS INTEREST AGREEMENT (“Agreement”) is made and entered into as of this 20th day of November, 2007, and is between GULF COAST OIL CORPORATION, a Delaware corporation (“WI Owner”), and VALENS U.S. SPV I, LLC, a Delaware limited liability company, and VALENS OFFSHORE SPV II, CORP., a Delaware corporation (collectively, “Assignees”).

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