Termination of Advisory Agreement between Contango Oil & Gas Company and Juneau Exploration, L.P.

Contract Categories: Business Operations › Termination Agreements
Summary

Contango Oil & Gas Company and Juneau Exploration, L.P. have agreed to end their Advisory Agreement, originally dated April 1, 2012, effective January 1, 2013. Both parties agree that any outstanding compensation or reimbursable expenses owed under the agreement will be paid promptly upon request. This document formalizes the termination and ensures all financial obligations are settled.

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EX-10.5 2 exh105terminationofadvisor.htm TERMINATION OF ADVISORY AGREEMENT Exh 10.5 Termination of Advisory Agreement

Exhibit 10.5

TERMINATION OF ADVISORY AGREEMENT

The undersigned hereby agree to terminate the Advisory Agreement dated April 1, 2012 effective as of January 1, 2013 except that any Compensation due and owing and any Reimbursable Expenses due but not heretofore paid shall be promptly made upon presentation.



CONTANGO OIL & GAS COMPANY

By: /s/ SERGIO CASTRO
Name:     Sergio Castro     
Title: Vice President



JUNEAU EXPLORATION, L.P.
By: Juneau GP, LLC
its General Partner

By: /s/ JOHN B. JUNEAU
Name:     John B. Juneau
Title: Sole Manager