PARTIAL CANCELLATION AGREEMENTPartial Cancellation Agreement • August 16th, 2016 • Dala Petroleum Corp. • Crude petroleum & natural gas • Delaware
Contract Type FiledAugust 16th, 2016 Company Industry JurisdictionTHIS PARTIAL CANCELLATION AGREEMENT (“Agreement”), dated May 10, 2016, and is to be considered effective as of even date herewith (the “Effective Date”), by and among Dala Petroleum Corp., a Delaware corporation (“Dala DE”), Dala Petroleum Corp., a Nevada corporation (“Dala NV”), Chisholm Partners II, LLC (“Chisholm II”), a Louisiana limited liability company, and certain members of Chisholm Partners II, LLC set forth on the signature pages hereto (each individually a “Chisholm Member” and collectively the “Chisholm II Members”).