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<br />Jean Alberico, Garfield County, Colorado
<br />Rec Fee: $228.00 Doc Fee: $0.00 eRecorded
<br />(a) any Contracts that can reasonably be expected to involve obligations of, or
<br />payments from, Assignor after the Execution Date in a calendar year in
<br />excess of one hundred thousand Dollars ($100,000.00) net to Assignor's
<br />Working Interest;
<br />(b) other than Second Closing Leases or Contracts for the sale of
<br />Hydrocarbons produced from the Second Closing Assets or Contracts for
<br />the processing of Hydrocarbons produced from the Second Closing
<br />Assets, any Contracts related to the Second Closing Assets under which
<br />Assignor can reasonably be expected to receive in a calendar year in
<br />excess of one hundred thousand Dollars ($100,000.00);
<br />(c) participation agreements, joint development agreements, non -competition
<br />agreements, area of mutual interest agreements, exploration agreements,
<br />purchase and sale agreements (including asset purchase agreements),
<br />farmin and farmout agreements, partnership agreements, joint venture
<br />agreements, development agreements, operating agreements, unit
<br />agreements, joint operating agreements, unit operating agreements, data
<br />license agreements, seismic license agreements or acreage dedication
<br />agreements; and
<br />(d) any Contracts for the sale (including any calls upon production, option to
<br />purchase or similar right), purchase, balancing, gathering, processing,
<br />storage or transportation of Hydrocarbons produced from the Assets or
<br />otherwise relating to the marketing of Hydrocarbons produced from the
<br />Second Closing Assets, other than Contracts which will terminate in six
<br />(6) months or less after the Closing Datc or that are subject to cancellation
<br />on not more than thirty (30) days' notice, in each case without penalty or
<br />other detriment to Assignor;
<br />(e) any Contracts relating to the supply or disposal of water;
<br />(f) any Contracts for the disposal of Hazardous Materials from the Second
<br />Closing Assets.
<br />"Permits" means any authorizations, licenses, permits, consents, orders, franchises,
<br />certificates and related instruments or rights issued by any Governmental Authority.
<br />"Properties" means the Second Closing Leases and Second Closing Wells collectively,
<br />and "Property" means a Second Closing Lease or Second Closing Well individually.
<br />"Purchase Agreement" has the meaning set forth in Section 1.1.
<br />"Records" means all of the books, records, correspondence, files, data and information,
<br />in each case whether written or electronically stored, relating to the Second Closing
<br />Assets, including all title records, prospect information, title opinions, title commitments,
<br />abstracts, property ownership reports, well files, logs, pressure data, injection profiles,
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