RELEASE OF PARTNERSHIP PLEDGE AGREEMENTRelease of Partnership Pledge Agreement • January 7th, 2009 • Gran Tierra Energy, Inc. • Crude petroleum & natural gas • New York
Contract Type FiledJanuary 7th, 2009 Company Industry JurisdictionThis RELEASE OF PARTNERSHIP PLEDGE AGREEMENT, dated as of January 1, 2009 (this “Release”), is by and among GRAN TIERRA ENERGY INC., a Nevada corporation (Registered No. C13734-2003) (the “Borrower”), ARGOSY ENERGY, LLC, a Delaware limited liability company (f/k/a Argosy Energy Corp., a Delaware corporation) (Registered No. 3234977) (the “Guarantor”, together with the Borrower, each a “Pledgor” and, collectively, the “Pledgors”), and STANDARD BANK PLC, as administrative agent under the Credit Agreement (as hereinafter defined) acting for and on behalf of the Secured Parties (as defined in the Credit Agreement) (in such capacity, the “Pledgee”).