Termination Agreement for Advisory and Administration Agreements between Energy Resources 12 Entities and Regional Energy Investors, LP
This agreement, dated December 28, 2018, is between Energy Resources 12, L.P., Energy Resources 12 Operating Company, LLC, and Regional Energy Investors, LP. It confirms the mutual termination of two prior Advisory and Administration Agreements. Regional Energy Investors, LP affirms it has not assigned its interests in the agreements to any other party. The termination is effective immediately and is made in exchange for valuable consideration. The agreement allows for execution in counterparts and accepts electronic signatures as originals.
Exhibit 10.1
ENERGY RESOURCES 12 OPERATING COMPANY, LLC
ENERGY RESOURCES 12, L.P.
December 28, 2018
Regional Energy Investors, LP
3715 Camp Bowie Blvd.
Fort Worth, Texas 76107
| Re: | Termination of Advisory and Administration Agreement dated effective November 21, 2017 and Termination of Advisory and Administration Agreement dated effective June 29, 2018 (collectively, the “Agreements”) |
Gentlemen:
This letter shall serve to memorialize our agreement that the Agreements (above referenced) are terminated effective as of the date hereof. Regional Energy Investors, LP represents and warrants that it has not previously assigned any part of its interest in the Agreements to any party. Each of the undersigned acknowledges and agrees that such termination is in exchange for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged.
This letter may be executed in counterparts which, when taken together, shall constitute one agreement. A signature sent hereon by facsimile or via electronic means (including, without limitation, e-mail/PDF) shall constitute an original signature for all purposes.
Very truly yours,
| Energy Resources 12, L.P., By: Energy Resources 12 GP, LLC, Its: General Partner
/s/ Glade M. Knight ___________________________________________________ Glade M. Knight, CEO
/s/ David McKenney ___________________________________________________ David McKenney, CFO | Energy Resources 12 Operating Company, LLC, By: Energy Resources 12, L.P., Its: Sole Member By: Energy Resources 12 GP, LLC, Its: General Partner
/s/ Glade M. Knight _____________________________________________________ Glade M. Knight, CEO
/s/ David McKenney _____________________________________________________ David McKenney, CFO |
<Counterpart Signature Page Follows>
<Counterpart Signature Page>
Regional Energy Investors, LP,
a Texas limited partnership
By: Regional Energy GP, Inc.,
a Texas corporation
Its: General Partner
/s/ Anthony F. Keating, III
___________________________________________________
Anthony F. Keating, III, President
/s/ Michael J. Mallick
___________________________________________________
Michael J. Mallick, Vice President
