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
The Alabama Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation is a legally binding document that outlines the terms and conditions governing the investment representation relationship between the two entities. This agreement aims to ensure transparency, trust, and effective communication in all investment-related matters. Keywords: Alabama, investment, representation agreement, Evergreen Resources, Inc., Delta Petroleum Corporation. 1. Overview: The Alabama Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation establishes the framework for their collaboration in investment endeavors within the state of Alabama. This agreement aims to protect the interests of both parties and foster a cooperative and mutually beneficial relationship. 2. Purpose: The primary purpose of this agreement is to define the roles and responsibilities of Evergreen Resources, Inc. as the investment representative and Delta Petroleum Corporation as the represented party. It outlines the expectations, obligations, and limitations concerning investment decision-making, reporting, and disclosure of material information. 3. Types of Agreement: Although the specific types of Alabama Investment Representation Agreements between Evergreen Resources, Inc. and Delta Petroleum Corporation may vary depending on the nature of the investment, some common types include: a. General Investment Representation Agreement: This type of agreement covers the representation of Delta Petroleum Corporation in various investment opportunities and transactions, including but not limited to securities, real estate, and other ventures. b. Specific Project Investment Representation Agreement: This agreement is tailored to a particular investment project or initiative agreed upon by both parties. It outlines the specific terms, timeline, and conditions under which Evergreen Resources, Inc. will act as the investment representative for Delta Petroleum Corporation. 4. Scope of Representation: The agreement clarifies the extent to which Evergreen Resources, Inc. is authorized to act on behalf of Delta Petroleum Corporation. It may include activities such as conducting market research, identifying potential investment opportunities, negotiating terms, managing investments, and providing periodic reports and updates to Delta Petroleum Corporation. 5. Confidentiality and Non-Disclosure: The Alabama Investment Representation Agreement highlights the importance of maintaining strict confidentiality regarding sensitive information shared between the parties. Both Evergreen Resources, Inc. and Delta Petroleum Corporation must agree to keep all proprietary or trade-secret information confidential and refrain from disclosing it to any third parties without prior consent. 6. Termination and Duration: This section of the agreement outlines the circumstances under which the agreement may be terminated, such as breach of contract, completion of the agreed-upon investment projects, or mutual agreement. The duration of the agreement can be specified, or it can be open-ended, subject to termination by either party with prior notice. 7. Dispute Resolution: In the event of any disputes or disagreements arising from the agreement, the parties may agree to resolve them through arbitration, mediation, or other alternative dispute resolution methods. This section outlines the preferred method of conflict resolution and ensures that the relationship between Evergreen Resources, Inc. and Delta Petroleum Corporation remains intact. In conclusion, the Alabama Investment Representation Agreement between Evergreen Resources, Inc. and Delta Petroleum Corporation establishes a solid foundation for their investment representation relationship. It provides a clear framework for collaboration, defines the roles and responsibilities of each party, and sets guidelines for confidentiality and dispute resolution. The agreement helps ensure the efficient and transparent management of investments, protecting the interests of both parties involved.
