Document:

Exhibit
10.2

COMMON
STOCK DELIVERY AGREEMENT

This agreement (“Agreement”) is being made this 22nd day of November, 2006 by and between Duke
Realty Limited Partnership, an Indiana limited partnership (the “Issuer”), and Duke Realty Corporation, an
Indiana corporation (the “Parent”).

Recitals

WHEREAS,
the Parent is the sole general partner of the Issuer;

                WHEREAS,
the Issuer and the Parent have entered into a purchase agreement dated as of November 16,
2006 (the “Purchase Agreement”) with Morgan
Stanley & Co. Incorporated, UBS Securities LLC and Citigroup Global Markets
Inc. as representatives of the initial purchasers (the “Initial Purchasers”), providing for the
issuance and sale by the Issuer in an offering under Rule 144A promulgated
under the Securities Act of 1933, as amended (the “Act”), of $575,000,000 principal amount of its 3.75% Senior
Exchangeable Senior Notes due 2011 (the “Securities”),
which Securities may be exchangeable under certain circumstances into cash,
shares of common stock, par value $0.01 per share, of the Parent (the “Common Stock”), or a combination thereof;
and

WHEREAS,
concurrently with the execution of the Purchase Agreement, the Parent and the
Issuer entered into a confirmation for a capped call (the “Confirmations”)
with each of Morgan Stanley & Co. Incorporated, UBS Securities LLC, as
agent for UBS AG, London Branch, Citigroup Global Markets Inc. and J.P. Morgan
Securities Inc., as agent for JPMorgan Chase Bank, National Association, London
Branch (collectively, the “Counterparties”),
pursuant to which the Counterparties are required to deliver shares of Common
Stock to the Issuer under certain circumstances specified in the Confirmations.

NOW,
THEREFORE, in consideration of the foregoing and in
consideration of the mutual covenants contained herein, the parties agree as
follows:

Agreement

                1.             If
the Issuer is required or chooses to deliver Common Stock to the holders of the
Securities upon exchange, redemption or maturity in accordance with the terms
of the Securities and the Indenture, dated as of November 22, 2006, by and
between the Issuer and The Bank of New York Trust Company, N.A., as trustee
(the “Indenture”), related to the
Securities, then, to the extent necessary to enable the Issuer to satisfy such
obligation, the Parent agrees to issue the number of shares of Common Stock that
the Issuer is obligated to deliver (less the number of shares of Common Stock actually
delivered to the Issuer by the Counterparties under the Confirmations), and the
Issuer hereby directs the Parent to deliver, or cause to be delivered, such shares
of Common Stock to the holders of the Securities on behalf of the Issuer in
accordance with the Indenture.

 

2.             Upon any such issuance of Common
Stock, the Issuer shall, in accordance with its Second Amended and Restated
Agreement of Limited Partnership of the Operating Partnership (as amended, the “Partnership Agreement”) issue to the Parent
on a concurrent basis a certain number of “Partnership
Units” (as defined in the Partnership Agreement) equal to the number
of Partnership Units the Issuer would issue to the Parent if the Parent instead
issued the Common Stock to the Issuer.

3.             The Issuer hereby agrees to
indemnify the Parent and each of its directors and officers (each, an “Indemnified Party”) against, and agrees to
hold, save and defend each Indemnified Party, harmless from, any loss, expense
or damage (including without limitation, reasonable attorneys’ fees and
expenses and court costs actually incurred) suffered or incurred by an
Indemnified Party by reason of anything such Indemnified Party may in good
faith do or refrain from doing for or on behalf of the Issuer pursuant to this
Agreement; provided, however, that the Issuer shall not be
required to indemnify an Indemnified Party for any loss, expense or damage that
such Indemnified Party may suffer or incur as a result of its willful
misconduct or gross negligence.

4.             Miscellaneous.

                (a)           THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO
CONFLICT LAWS, RULES OR PRINCIPLES.

(b)           No provision of this agreement may be
amended, modified, or waived, except in writing signed by both parties and with
the consent of a majority in principal amount of Securities then outstanding;
provided, however, that the unanimous consent of the holders of all outstanding
Securities will be required in order to amend, modify, or waive the provisions
of paragraph 2 hereof or to otherwise adversely affect the right of holders of
Securities to exchange the Securities for Common Stock as provided in the
Indenture. Any consent of the holders of the Securities shall be obtained in
accordance with the applicable provisions of the Indenture.

(c)           In the event that any claim of
inconsistency between this Agreement and the terms of the Indenture arise, as
they may from time to time be amended, the terms of the Indenture shall
control.

(d)           If any provision of this Agreement
shall be held illegal, invalid, or unenforceable by any court, this Agreement
shall be construed and enforced as if such provision had not been contained
herein and shall be deemed an Agreement among us to the full extent permitted
by applicable law.

(e)           The terms and provisions of this
Agreement are intended solely for the benefit of each party hereto and their
respective successors or permitted assigns, and it is not the intention of the
parties to confer third-party beneficiary rights to any other person, except
that the holders of the Securities shall be deemed third-party beneficiaries of
this 

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Agreement and shall be
entitled to enforce the provisions of this Agreement as if they were parties
hereto.

(f)            This Agreement may not be assigned
by either party without prior written consent of both parties.

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remainder of the page has been left blank intentionally.]

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IN
WITNESS WHEREOF, the parties hereto have executed this
Agreement by their duly authorized officers as of the day and year above
written. 

	
  

  	
   

  	
  DUKE REALTY LIMITED PARTNERSHIP

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  Duke Realty Corporation, its general partner

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Howard L. Feinsand 

  
	
   

  	
   

  	
   

  	
  Name: 

  	
  Howard L. Feinsand 

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President, General Counsel and
  Secretary

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  DUKE REALTY CORPORATION

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Howard L. Feinsand

  
	
   

  	
   

  	
   

  	
  Name:

  	
  Howard L. Feinsand

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Executive Vice President, General Counsel and
  Secretary

  

 

 4Exhibit 10.1

SHARE EXCHANGE AGREEMENT

This Share
Exchange Agreement (this “Agreement”) is entered into effective as of
this 17th day of November, 2006, by and between Earth
Biofuels, Inc., a Delaware corporation (“Earth Biofuels”) and Apollo
Resources International, Inc., a Utah corporation (“Apollo”).

RECITALS

WHEREAS, Apollo
owns 25,000,000 shares of the common stock of Apollo LNG, Inc., a Texas
corporation (“ALNG”), constituting approximately 51% of the issued and
outstanding shares of ALNG common stock as of the date of this Agreement; and

WHEREAS, Earth
Biofuels and Apollo desire to effect an exchange of the ALNG common stock held
by Apollo for shares of Earth Biofuels common stock, as provided for herein.

AGREEMENT

NOW, THEREFORE, in
consideration of the premises and the mutual agreements herein set forth, the
parties hereto agree as follows:

1.             Exchange of ALNG Shares for
Earth Biofuels Shares.

a.             On the terms and subject to the
conditions set forth in this Agreement, at the Closing (defined below), Earth
Biofuels shall issue to Apollo
nine-million-four-hundred-twenty-two-thousand-one-hundred-eleven (9,422,111)
shares of Earth Biofuels common stock, par value $0.001 per share (the “EBI
Shares”), in exchange for 25,000,000 shares of ALNG common stock, par value
$0.01 per share (the “ALNG Shares”).

b.             At
the Closing, Apollo shall deliver to Earth Biofuels the certificate(s)
representing the ALNG Shares held by Apollo, accompanied by an executed stock
power in a form reasonably satisfactory to Earth Biofuels.

c.             At
the Closing, Earth Biofuels shall deliver to Apollo a certificate representing
the EBI Shares, registered in the name of Apollo.

d.             The
exchange contemplated herein shall take place on the date of this Agreement
(the “Closing”).

2.             Representations and Warranties
of Earth Biofuels.  Earth Biofuels
hereby represents and warrants as follows:

a.             Earth
Biofuels is a corporation duly organized, validly existing and in good standing
under the laws of the State of Delaware. 
Earth Biofuels has the corporate power and authority to own, use,
license, lease and operate its properties and to carry on its business as it is
now being conducted and as currently proposed to be conducted and is duly
qualified, licensed or admitted to do business and is in good standing in each
jurisdiction in which the ownership, use, licensing, leasing or operation of
its properties, or the conduct or nature of its business, makes such
qualification, licensing or admission necessary.

b.             Earth
Biofuels has all requisite corporate power and authority to enter into, execute
and deliver this Agreement, to consummate the transaction contemplated hereby,
and to perform its obligations hereunder. 
The execution and delivery of this Agreement and the consummation of the
transactions contemplated hereby have been duly and validly authorized by all
necessary corporate action on the part of Earth Biofuels.  This Agreement has been duly executed and
delivered by Earth Biofuels.  This
Agreement constitutes a legal, valid and binding obligation of Earth Biofuels,
enforceable against Earth Biofuels in accordance with its terms, except as such
enforceability may be limited by applicable bankruptcy and insolvency laws, the
rights of creditors generally, and general principles of equity.

c.             The
authorized equity securities of the Earth Biofuels consists of 415,000,000
shares, consisting of 400,000,000 shares common stock, par value of $0.001, and
15,000,000 shares of preferred stock, par value 

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of $0.001.  No
third party has any right of first refusal, preemptive right, right of
participation, or any similar right to participate in the transactions
contemplated by this Agreement, which right has not been complied with prior to
the Closing.  The issuance and sale of
the EBI Shares pursuant to the terms of this Agreement will not (i) obligate
Earth Biofuels to issue shares of its common stock or other securities to any
third party or (ii) result in a right of any holder of Earth Biofuels common stock or any other Earth Biofuels
securities to adjust the exercise, conversion, exchange or reset price under
such securities.

d.             Earth
Biofuels has filed all reports required to be filed by it with the SEC under
Section 13(a) of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”) since October 7, 2005 (collectively, the “SEC Reports”).  Each SEC Report (i) complied as to form in
all material respects with the requirements of the Exchange Act as of its
filing date, and (ii) did not at the time it was filed (or, if amended,
supplemented or superseded, then as of the date of the last such amendment,
supplement or superseding filing) contain any untrue statement of a material
fact or omit to state a material fact required to be stated therein or
necessary in order to make the statements made therein, in the light of the
circumstances under which they were made, not misleading.

e.             Except as is provided in the SEC
Reports, each of the financial statements (including, in each case, any notes
thereto) contained in the SEC Reports complied as to form in all material
respects with applicable accounting requirements, was prepared in accordance
with GAAP applied on a consistent basis throughout the periods indicated
(except as may be indicated in the notes thereto) and each presented fairly the
financial position of Earth Biofuels as of the respective dates thereof and the
results of operations and cash flows of Earth Biofuels for the respective
periods indicated therein, except as otherwise noted therein (subject, in the
case of unaudited statements, to normal year-end adjustments).

f.              When
issued in accordance with this Agreement, the EBI Shares will be duly
authorized, validly issued, fully paid and non-assessable and not subject to
preemptive rights or similar contractual rights granted by Earth Biofuels.  Upon receipt of the EBI Shares, Apollo will
acquire good and valid title to the EBI Shares, free and clear of any and all
liens, claims and encumbrances.

3.             Representations and Warranties
of Apollo.  Apollo hereby represents
and warrants as follows:

a.             Apollo
has the requisite capacity to enter into, execute and deliver this Agreement,
to consummate the transaction contemplated hereby, and to perform its
obligations hereunder.  The execution and
delivery of this Agreement and the consummation of the transactions
contemplated hereby have been duly authorized by all necessary corporate action
on the part of Apollo.  This Agreement
has been duly executed and delivered by Apollo. 
This Agreement constitutes a legal, valid and binding obligation of
Apollo, enforceable against Apollo in accordance with its terms, except as such
enforceability may be limited by applicable bankruptcy and insolvency laws, the
rights of creditors generally, and general principles of equity.

b.             Apollo
owns the ALNG Shares free and clear of all liens, restrictions and claims of
any kind.  The ALNG Shares are not
subject to any voting trust agreement or other contract, agreement,
arrangement, commitment or understanding, including any such agreement, arrangement,
commitment or understanding restricting or otherwise relating to the voting,
dividend rights or disposition of such shares.

c.             Apollo is acquiring the EBI Shares
for its own account for investment purposes and not with a view to, or for sale
in connection with, any distribution thereof and has no present agreement or
commitment providing for the disposition thereof.  Apollo understands that (i) none of the EBI
Shares has been registered under the Securities Act or any applicable state
securities laws, by reason of their issuance in a transaction exempt from the
registration requirements of the Securities Act and such state securities laws,
(ii) the EBI Shares must be held indefinitely unless a subsequent disposition
thereof is registered under the Securities Act or is exempt from such registration,
(iii) the EBI Shares will bear a legend to such effect, and (iv) Earth Biofuels
will make a notation on its transfer books to such effect.

d.             Apollo acknowledges that it has
received all the information requested from Earth Biofuels that Apollo considers
necessary or appropriate for deciding whether to consummate the transactions
contemplated by this Agreement.  Apollo
acknowledges that its representatives have had an opportunity to ask questions
and receive answers concerning the EBI Shares and have had access to such other
information concerning Earth Biofuels as Apollo has 

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requested. 
Apollo further represents that its representatives have knowledge and
experience in financial and business matters and that its representatives are
capable of evaluating the merits and risk of this transaction.

4.             Miscellaneous.

a.             The provisions of this Agreement
shall be binding upon and inure to the benefit of the parties hereto and their
respective successors and assigns.

b.             No failure or delay on the part of
any party in exercising any right, power or privilege hereunder or under any of
the other agreements, instruments or documents delivered in connection with
this Agreement shall operate as a waiver of such right, power or privilege; nor
shall any single or partial exercise of any such right, power or privilege
preclude any other or future exercise thereof or the exercise of any other
right, power or privilege.

c.             Each of the parties agrees and
covenants that it will promptly execute and deliver to the other party such
further instruments and documents and take such further action as the other
party may reasonably require in order to carry out the full intent and purpose
of this Agreement.

d.             All notices and other
communications hereunder shall be in writing and shall be deemed to have been
duly given if delivered personally, mailed by certified mail (return receipt
requested) or sent by overnight delivery service to the parties at the
following addresses or at such other addresses as shall be specified by the
parties by like notice:

(i)                                     if
to Earth Biofuels:

Earth Biofuels, Inc.

Attn:  General Counsel
3001 Knox Street, Suite 403

Dallas, Texas 75205

(ii)                                  if
to Apollo:

Apollo Resources International, Inc.

Attn:  General Counsel
3001 Knox Street, Suite 403

Dallas, Texas 75205

Notice so given
shall, in the case of notice so given by mail, be deemed to be given and
received on the third calendar day after posting, in the case of notice so
given by overnight delivery service, on the date of actual delivery.

e.             Regardless of any investigation at
any time made by or on behalf of any party hereto or of any information any
party may have in respect thereof, all representations and warranties made
hereunder shall survive forever, subject, however, to any applicable statute of
limitations.

f.              This Agreement shall be governed
by and construed in accordance with the laws of the State of Texas exclusive of
conflicts of law principles.

g.             This Agreement may be executed in
any number of counterparts.  All such
counterparts shall be deemed an original, shall be construed together and shall
constitute one and the same instrument.

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IN
WITNESS WHEREOF, the parties hereto have duly executed this
Agreement as of the date first above written.

	
   

  	
  Earth Biofuels, Inc.,

  
	
   

  	
  a Delaware
  corporation

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Darren Miles

  
	
   

  	
   

  	
  Name:

  	
  Darren Miles

  
	
   

  	
   

  	
  Title:

  	
  CFO

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Apollo
  Resources International, Inc.,

  
	
   

  	
  a Utah
  corporation

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Dennis G.
  McLaughlin

  
	
   

  	
   

  	
  Name:

  	
  Dennis G.
  McLaughlin

  
	
   

  	
   

  	
  Title:

  	
  CEO

  

 

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