This stock investment representation form is an agreement to acquire shares for an
aggregate dollar amount in a private negotiated transaction.
Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation dated December 17, 1999. 4 pages
Title: Understanding the Alaska Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation Introduction: The Alaska Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation is a legally binding contract that outlines the terms and conditions governing their investment activities in Alaska. This agreement helps to establish a mutually beneficial relationship between both parties, ensuring transparency and cooperation throughout the investment process. Let's delve deeper into this agreement whilst highlighting its key components and various types, if applicable. 1. What is an Alaska Investment Representation Agreement? An Alaska Investment Representation Agreement is a document that formalizes the relationship between Evergreen Resources, Inc. and Delta Petroleum Corporation in their joint investment ventures within the state of Alaska. This agreement aims to align the interests and objectives of both companies while ensuring compliance with all applicable laws and regulations. 2. Key Components of the Agreement: a) Purpose and Scope: This section defines the nature and purpose of the investment activities, providing an overview of the agreement's scope. b) Parties Involved: Clearly identifies Evergreen Resources, Inc. and Delta Petroleum Corporation as the principal parties to the agreement. c) Roles and Responsibilities: Outlines the specific roles, duties, and responsibilities of each party in the project. d) Duration: Specifies the duration of the agreement, including any renewal or termination clauses. e) Investment Structures: Specifies the investment structures, funding mechanisms, and any jointly-owned entities established as part of the collaboration. f) Intellectual Property Rights: Addresses ownership and protection of intellectual property developed during the investment activities. g) Confidentiality and Data Security: Ensures the confidentiality and secure handling of sensitive information shared between the two parties. h) Dispute Resolution: Outlines the protocol for resolving any potential disputes that may arise during the course of the agreement. i) Governing Law: Identifies the law under which this agreement is governed, typically the laws of the State of Alaska. j) Representations and Warranties: Provides a list of representations and warranties made by each party, ensuring the accuracy and validity of information shared. 3. Types of Alaska Investment Representation Agreements: It is important to note that the Alaska Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation may come in various forms and variations based on their specific investment goals and strategies. Common types may include: a) Exploration and Drilling Partnership Agreement: Focuses on joint exploration and drilling activities in specific oil and gas fields within Alaska. b) Infrastructure Development Agreement: Covers collaborative efforts in developing necessary infrastructure, such as pipelines or terminals, to support their investment activities. c) Resource Acquisition Agreement: Encompasses agreements related to the acquisition of specific mineral rights or resource deposits in Alaska. d) Research and Development Cooperation Agreement: Outlines cooperation in innovative research and development projects related to resource extraction or environmental sustainability. Conclusion: The Alaska Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation serves as a crucial legal framework that governs their investment activities in Alaska. By establishing clear roles, responsibilities, and objectives, both parties can foster a transparent and collaborative approach towards maximizing their investment potential while adhering to relevant laws and regulations.
