North Dakota Call Agreement between EEX Capital, Inc. and Bob West Treasure, LLC

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US-EG-9212
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Call Agreement between EEX Capital, Inc. and Bob West Treasure, LLC wherein after termination of the Natural Gas Inventory Forward Sale Contract, EEX has the option to purchase the Interest at a price equal to the call price dated December 17, 1999. 3

Title: Understanding the North Dakota Call Agreement between EX Capital, Inc. and Bob West Treasure, LLC Keywords: North Dakota Call Agreement, EX Capital, Inc., Bob West Treasure, LLC, types Introduction: The North Dakota Call Agreement between EX Capital, Inc. and Bob West Treasure, LLC outlines the terms and conditions regarding a specific type of investment arrangement. EX Capital, Inc. and Bob West Treasure, LLC participate in this agreement, establishing a mutually beneficial relationship. This article aims to provide a detailed description of what the North Dakota Call Agreement entails and shed light on potential variations of this agreement. 1. What is a North Dakota Call Agreement? A North Dakota Call Agreement is a legally binding contract between EX Capital, Inc. and Bob West Treasure, LLC that governs a specific investment-related relationship. It outlines the rights, obligations, and responsibilities of both parties in a call option arrangement. This agreement allows Bob West Treasure, LLC to exercise the option to purchase an underlying asset from EX Capital, Inc. at a predetermined price within a specified timeframe. 2. Terms and Conditions: The North Dakota Call Agreement consists of essential terms and conditions that both parties must adhere to. Some common provisions include: a. Contractual Parties: The agreement identifies EX Capital, Inc. as the option issuer and Bob West Treasure, LLC as the option holder. b. Option Expiration Date: This specifies the last day on which Bob West Treasure, LLC can exercise their call option. c. Exercise Price: The predetermined price at which Bob West Treasure, LLC can purchase the specified underlying asset from EX Capital, Inc. d. Underlying Asset: The asset that Bob West Treasure, LLC has the right to purchase from EX Capital, Inc. as per the agreement. e. Premium: The amount paid by Bob West Treasure, LLC to EX Capital, Inc. for the rights granted under the North Dakota Call Agreement. f. Conditions of Exercise: The conditions that must be met for Bob West Treasure, LLC to exercise the call option, such as notifying EX Capital, Inc. within a specific timeframe. 3. Types of North Dakota Call Agreements: There can be variations within the North Dakota Call Agreement, based on the specific needs and circumstances of the involved parties. Some potential types include: a. Single-Option Call Agreement: This agreement involves a single call option giving Bob West Treasure, LLC the right to purchase the underlying asset once within the specified timeframe. b. Multi-Option Call Agreement: In this scenario, Bob West Treasure, LLC can exercise multiple call options on different underlying assets within the designated timeframe. c. Conditional Call Agreement: This type of agreement includes specific terms and conditions that must be met before the call option can be exercised by Bob West Treasure, LLC. Conclusion: The North Dakota Call Agreement creates a legal framework for investment transactions between EX Capital, Inc. and Bob West Treasure, LLC. By understanding the terms and conditions of this agreement, both parties can navigate their investment relationship smoothly. While variations may exist, such as single-option, multi-option, or conditional call agreements, the fundamental principles of a North Dakota Call Agreement hold true.

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North Dakota Call Agreement between EEX Capital, Inc. and Bob West Treasure, LLC