Potash Royalty Purchase and Sale Agreement and Option Sample Contracts

POTASH ROYALTY PURCHASE AND SALE AGREEMENT AND OPTION

Potash Royalty Purchase and Sale Agreement and Option • November 29th, 2011 • Prospect Global Resources Inc. • General bldg contractors - residential bldgs • Colorado

• Contract Type
  Potash Royalty Purchase and Sale Agreement and Option
• Filed
  November 29th, 2011
• Company
  Prospect Global Resources Inc.
• Industry
  General bldg contractors - residential bldgs
• Jurisdiction
  Colorado

THIS POTASH ROYALTY PURCHASE AND SALE AGREEMENT AND OPTION (this “Agreement”), dated effective as of November 22, 2011 (the “Effective Date”), is between PROSPECT GLOBAL RESOURCES INC., a Nevada corporation (“Seller”), 600 17th Street, Suite 2800 South, Denver, Colorado 80202, and GRANDHAVEN ENERGY, LLC, a Wisconsin limited liability company, with an address of 730 17th Street, Suite 800, Denver, Colorado 80202 (“Buyer”). Seller and Buyer are sometimes referred to in this Agreement, collectively, as the “Parties,” and individually, as a “Party.”