EX-10.05
from 8-K
14 pages
Whereas, on December 4, 2020 the Joint Venturers Entered Into an Loi (“Loi”) for the Formation of a Joint Venture (“Jv”, or “Venture”); and Whereas, the Purpose of the Jv Is to Fund and Develop on a Joint Ownership Basis (Set Forth Herein Below) the Silver Bow and Blue Horse Projects (Collectively, the “Project”) Further Described Herein Below; and Whereas, the Parties Desire to Form the Jv by Execution of This Agreement for the Purposes Provided and Fix and Define Their Respective Responsibilities, Interests, and Liabilities in Connection With the Project; and Now, Therefore, in Consideration of the Mutual Promises and Representations and Subject to the Terms and Conditions Herein Contained, and Other Good and Valuable Consideration, the Receipt and Sufficiency of Which Are Hereby Acknowledged, the Parties Hereto Agree as Follows: 1. Definitions “Administrative Venturer” Shall Mean PLYN
12/34/56