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HomeMy WebLinkAbout902775 This Assigment~v~e and Bill of Sale: Cfm t'~'i~~) is from Emerald Resources, Inc., Assignor, with an address of 934 South Fillmore Way, Denver, Colorado 80209, to MegaEnergy, Inc., Assignee, with an aa. aress o~908S.E~st Mineral Circle, Suite 270, Englewood, CO 80112. Emerald and Mega'.shall 'be *efe~ed to collectively herein as the "Paaies." For $10.00 and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by Assignor, Assignor hereby transfers, grants, bargains, sells, conveys and assigns to Assignee a portion of Assignor's right, title and interest (the "Interests") to wit: 1.) Portions of leases and lands insofar as they are described in Exhibit "A," attached hereto and made a part hereof, together with all property rights incident thereto, including without limitation, Assignor's rights in, to and under all agreements, contracts, leases, pernfits, rights-of-way, easements, licenses, options, declarations, orders, and instrmnents in any way relating to the leases and lands described in Exhibit "A." This Assigmnent is made subject to that certain "WILLOW BEND PROJECT EMERALD/MEGA JOINT VENTURE AGREEMENT" (the "Agreement"), dated September 15, 2003, by and between the Parties. The Parties acknowledge that, under the terms of the aforementioned Agreement, should Assignor receive additional assignment(s) or conveyances of interests so that Assignor has additional marketable title to any of the leases assigned herein, Assignor will make additional assigmnent(s) of interest to Assignee, so that Assignee will share with Assignor in said leasehold to the extent described in the Agreement. The Parties agree to take any further actions and to execute, acknowledge and deliver all such further documents as are necessary or useful in carrying out the purposes of this Assigmnent and the Agreement. Assignor warrants title to the interests assigned, by through and under Assignor, but not otherwise. This Assignment shall bind and inure to the benefit of Assignor and Assignee and their respective successors and assigns forever. Effective as of July 1, 2004. ASSIGNOR: ASSIGNEE: Emerald Resources. Inc. B)~ Maureen_Skmt~ %ce President MegaEnergy, Inc. STATE OF COLORADO ) COUNTY OF ARAPAHOE ) ' ~ · -. ........ , the~6 aa9 The foregoing ~stmment was ac~owle~ged b~ore me this Scott Homafius, President of MegaEnergy, In My co~ission expiresMy OoMmissiO~ Expires ' STATE OF COLO~O ) co~,y oF ~ ) The foregoing ~stmment was ac~owledged before me this th~ day of Ju~~ Maureen Shultz' Vice President °f Emerald Rxur~es' Inc' My co~ission exp~ Cnmmi~giO~ '0899 <_0900 0902 09,03