Document:

ASSET TRANSFER AND LIABILITY ASSUMPTION AGREEMENT

This Asset Transfer and Liability Assumption Agreement made and entered into effective the 12th of June, 2013, between RANGO ENERGY INC. a Nevada Corporation (the "Vendor") and VIVIAN OIL & GAS INC. a Nevada Corporation (the "Purchaser").

WHEREAS:

A.        The Vendor is the beneficial owner of a working interest in various oil and gas leases in the State of Arkansas, including all equipment and improvements (hereinafter the "Leases").  The Leases of the Vendor are more particularly known as the Eylau Leases and are described in Schedule "A" attached hereto and forming part of this Agreement;

B.        The Vendor has agreed to transfer and the Purchaser has agreed to purchase all of the Leases of the Vendor in accordance with the terms of this Agreement.

NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the terms and covenants herein and other good and valuable consideration, the receipt and sufficiency of which each party acknowledges, the parties hereto agree as follows:

1.        TRANSFER AND SALE OF ASSETS

1.1      Sale of Assets.  Subject to the terms and conditions of this Agreement, the Vendor hereby sells, assigns and transfers to the Purchaser, and the Purchaser hereby purchases the Vendor's Leases.  In consideration for the transfer of the Leases, the Purchaser agrees to pay $10.00 plus other good and valuable consideration including the assumption of all working interest liability in the Leases, all working interest remediation expenses, and plugging and abandon costs required by the State of Arkansas incurred by the Vendor during its term of ownership. 

1.2      Delivery of Leases.  The Vendor delivers to the Purchaser, on execution hereof, all of the Leases unconditionally and free and clear of all liens, charges, or encumbrances, except where disclosed.

2.        COVENANTS OF THE PARTIES

2.1      Covenants.  The parties undertake to keep the information with respect to this Agreement, the terms herein, and any related, underlying or subsequent agreements (the "Information") confidential and not to directly or indirectly disclose the Information at any time to any person or persons or use the Information for any purpose whatsoever.

 

3.        REPRESENTATIONS OF THE VENDOR

3.1      Representations.  The Vendor represents and warrants to the Purchaser as follows, with the intent that the Purchaser will rely on the representations in entering into this Agreement, and in concluding the purchase and sale contemplated by this Agreement:

(a)        Capacity to Sell.  The Vendor has the power and capacity to own and dispose of the Leases, and to enter into this Agreement and carry out its terms to the full extent;

(b)        Authority to Sell.  The execution and delivery of this Agreement, and the completion of the transaction contemplated by this Agreement has been duly and validly authorized by all necessary corporate action on the part of the Vendor, and this Agreement constitutes a legal, valid and binding obligation of the Vendor enforceable against the Vendor in accordance with its terms except as may be limited by laws of general application affecting the rights of creditors;

(c)        Sale Will Not Cause Default.  Neither the execution and delivery of this Agreement, nor the completion of the purchase and sale contemplated by this Agreement will:

(i)        violate any of the terms and provisions of the constating documents or bylaws or articles of the Vendor, or any order, decree, statute, bylaw, regulation, covenant, restriction applicable to the Vendor or the Leases;

(ii)       give any person the right to terminate, cancel or otherwise deal with the Leases; or

(iii)      result in any fees, duties, taxes, assessments or other amounts relating to the Leases becoming due or payable other than tax payable by the Purchaser in connection with the purchase and sale;

(d)        Encumbrances.  The Vendor owns and possesses and has a good marketable title to the Leases free and clear of all legal leases, mortgages, liens, charges, pledges, security interest, encumbrances or other leases, except where as disclosed;

(e)        No Defaults.  Except as otherwise expressly disclosed in this Agreement there has not been any default in any obligation to be performed under any of the Leases, which are in good standing and in full force and appropriate effect; and

(f)        Good Standing.  Prior to closing this Agreement, the Vendor will maintain, as required, the Leases in good standing.

4.        COVENANTS OF THE VENDOR

4.1      Procure Consents.  The Vendor will diligently and expeditiously take all reasonable steps requested by the Purchaser to obtain all necessary consents to effect the transfer of the Leases.

4.2      Execution of all necessary documents.  The Vendor will execute all necessary documents including such assignments as the Purchaser may require to effect the transfer of all of the Leases, including but not limited to, internet contracts and internet names.

5.        REPRESENTATIONS OF THE PURCHASER

5.1      Representations.  The Purchaser represents and warrants to the Vendor as follows, with the intent that the Vendor will rely on these representations and warranties in entering into this Agreement, and in concluding the purchase and sale contemplated by this Agreement:

(a)        Status of Purchaser.  The Purchaser is a corporation duly incorporated, validly existing and in good standing and has the power and capacity to enter into this Agreement and carry out its terms; and

(b)        Authority to Purchase.  The execution and delivery of this Agreement and the completion of the transaction contemplated by this Agreement has been duly and validly authorized by all necessary corporate action on the part of the Purchaser, and this Agreement constitutes a legal, valid and binding obligation of the Purchaser enforceable against the Purchaser in accordance with its terms except as limited by laws of general application affecting the rights of creditors.

6.        COVENANTS OF THE PURCHASER

6.1      Consents.  The Purchaser will at the request of the Vendor execute and deliver such applications for consent and such assumption agreements, and provide such information as may be necessary to obtain the consents referred to in paragraph 4.1 and will assist and cooperate with the Vendor in obtaining the consents.

6.2      Execution of all necessary documents.  The Purchaser will execute all necessary documents as the Vendor may require to effect the transfer of all of the Leases.

6.3      Covenant of Indemnity.  The Purchaser will indemnify and hold harmless the Purchaser from and against:

(a)        any and all liabilities, whether accrued, absolute, contingent or otherwise, existing at closing;

(b)        any and all losses, leases, damages and costs incurred by the Vendor; and

(c)        any and all actions, suits, proceedings, demands, assessments, judgments, costs and legal and other expenses incident to any of the foregoing.

 

7.        SURVIVAL OF REPRESENTATIONS AND COVENANTS

7.1      Vendor's Representations and Covenants. All representations, covenants and agreements made by the Vendor in this Agreement or under this Agreement will, unless otherwise expressly stated, survive closing and any investigation at any time made by or on behalf of the Purchaser will continue in full force and effect for the benefit of the Purchaser.

7.2      Purchaser's Representations and Covenants.  All representations, covenants and agreements made by the Purchaser in this Agreement or under this Agreement will, unless otherwise expressly stated, survive closing and any investigation at any time made by or on behalf of the Vendor and will continue in full force and effect for the benefit of the Vendor.

8.        LIABILITIES ASSUMED

8.1      Liabilities Not Assumed.  The Purchaser will assume all liabilities of the Vendor.  The Purchaser will be responsible for any liability of the Vendor, past, present or future, relating to the Leases, and the Purchaser will indemnify and save harmless the Vendor from and against any such lease.

9.        CONDITIONS PRECEDENT TO THE OBLIGATIONS OF THE PURCHASER

9.1      Conditions.  All obligations of the Purchaser under this Agreement are subject to the fulfillment of the following conditions:

(a)        Vendor's Representations.  The Vendor's representations contained in this Agreement will be true.

(b)        Vendor's Covenants.  The Vendor will have performed and complied with all agreements, covenants and conditions as required by this Agreement.

(c)        Consents.  The Purchaser will have received duly executed copies of the consents or approvals referred to in paragraph 4.1.

9.2      Exclusive Benefit.  The foregoing conditions are for the exclusive benefit of the Purchaser and any such condition may be waived in whole or in part by the Purchaser delivering to the Vendor a written waiver to that effect signed by the Purchaser.

10.        CONDITIONS PRECEDENT TO THE OBLIGATIONS OF THE VENDOR

10.1    Conditions.  All obligations of the Vendor under this Agreement are subject to the fulfillment of the following conditions:

(a)        Purchaser's Representations.  The Purchaser's representations contained in this Agreement will be true.

(b)        Purchaser's Covenants.  The Purchaser will have performed and complied with all covenants, agreements and conditions as required by this Agreement.

(c)        Consents of Third Parties.  All consents or approvals required to be obtained by the Vendor for the purpose of selling, assigning or transferring the Leases have been obtained, provided that this condition may only be relied upon by the Vendor if the Vendor has diligently exercised its best efforts to procure all such consents or approvals and the Purchaser has not waived the need for all such consents or approvals.

10.2    Exclusive Benefit.  The foregoing conditions are for the exclusive benefit of the Vendor and any such condition may be waived in whole or in part by the Vendor delivering to the Purchaser a written waiver to that effect signed by the Vendor.

11.        GENERAL

11.1    Governing Law.  This Agreement and each of the documents contemplated by or delivered under or in connection with this Agreement are governed exclusively by, and are to be enforced, construed and interpreted exclusively in accordance with the laws of Nevada which will be deemed to be the proper law of the Agreement.

11.2    Professional Fees.  Each of the parties will bear the fees and disbursements of their respective lawyers, advisers and consultants engaged by them respectively in connection with the transactions contemplated by this Agreement prior to the closing.

11.3    Assignment.  No party will assign this Agreement, or any part of this Agreement, without the prior written consent of the other party.  Any purported assignment without the required consent is not binding or enforceable against any party.

11.4    Enurement.  This Agreement enures to the benefit of and binds the parties and their respective successors and permitted assigns.

11.5    Notice.  All notices required or permitted to be given under this Agreement will be in writing and personally delivered to the address of the intended recipient set out on the first page of this Agreement or at such other address as may from time to time be notified by any of the parties in the manner provided in this Agreement.

11.6    Further Assurances.  The parties will execute and deliver all further documents and take all further action reasonably necessary or appropriate to give effect to the provisions and intent of this Agreement and to complete the transactions contemplated by this Agreement.

11.7    Remedies Cumulative.  The rights and remedies under this Agreement are cumulative and are in addition to and not in substitution for any other rights and remedies available at law or in equity or otherwise.  Any party to this Agreement may terminate this Agreement if any other party is in breach of or defaults under any material term or condition of this Agreement or has made a material misrepresentation in this Agreement.  No single or partial exercise by a party of any right or remedy precludes or otherwise affects the exercise of any other right or remedy to which that party may be entitled.

11.8    Entire Agreement.  This Agreement constitutes the entire agreement between the parties and there are no representations, express or implied, statutory or otherwise and no collateral agreements other than as expressly set out or referred to in this Agreement.

11.9        Headings.  The division of this Agreement into sections and the insertion of headings are for convenience only and do not form part of this Agreement and will not be used to interpret, define or limit the scope, extent or intent of this Agreement.

11.10  Severability.  Each provision of this Agreement is severable. If any provision of this Agreement is or becomes illegal, invalid or unenforceable, the illegality, invalidity or unenforceability of that provision will not affect the legality, validity or enforceability of the remaining provisions of this Agreement.

11.11  Schedules.  The Schedules attached hereto form an integral part of this Agreement.

11.12  Time of the Essence.  Time will be of the essence of this Agreement.

11.13  Counterparts.  This Agreement and all documents contemplated by or delivered in connection with this Agreement may be executed and delivered by facsimile or original and in any number of counterparts, and each executed counterpart will be considered to be an original.  All executed counterparts taken together will constitute one agreement.

IN WITNESS WHEREOF the parties have duly executed this Agreement by their duly authorized officers effective the first day and year written above.

 

VENDOR: RANGO ENERGY INC.

per:    /s/ Harpreet Sangha

         Authorized Signatory

PURCHASER: VIVIAN OIL & GAS INC.

per:    /s/ William Lynch

         Authorized Signatory

 

SCHEDULE "A"

 

THIS IS SCHEDULE "A" to the Asset Transfer and Liability Assumption Agreement.

THE EYLAU LEASES

1. Dildy Weigle Willis

2. Dixon- Nancarrow 1

3. Betts G.C. 1-A

4. Betts 1

5. Dildy 1

6. Dildy 2

7. Johnson - Beck 1

8. Dickson 1

9. Collins 1

10. Collins R M 1

11. Weigle- Willis 1

12. Lowe "C" 1EX-10.1

 Exhibit 10.1 
 Privileged & Confidential 
 STOCK
OPTION AGREEMENT 
 PURSUANT TO THE 
 EVERYWARE GLOBAL, INC. 2013 OMNIBUS INCENTIVE COMPENSATION PLAN 
 * * * *
* 
 [GRANT #            ] 

Participant:                     

Grant Date:                     

Per Share Exercise Price: $         
 Number of Shares subject to this Option:                     

* * * * * 
 THIS
STOCK OPTION AWARD AGREEMENT (this “Agreement”), dated as of the Grant Date specified above, is entered into by and between EveryWare Global, Inc., a corporation organized in the State of Delaware (the “Company”),
and the Participant specified above, pursuant to the EveryWare Global, Inc. 2013 Omnibus Incentive Compensation Plan, as in effect and as amended from time to time (the “Plan”), which is administered by the Committee; and

 WHEREAS, it has been determined under the Plan that it would be in the best interests of the Company to grant the Stock
Option provided for herein to the Participant. 
 NOW, THEREFORE, in consideration of the mutual covenants and promises
hereinafter set forth and for other good and valuable consideration, the parties hereto hereby mutually covenant and agree as follows: 
 1. Incorporation By Reference; Plan Document Receipt. This Agreement is subject in all respects to the terms and provisions of the Plan (including, without limitation, any amendments thereto
adopted at any time and from time to time unless such amendments are expressly intended not to apply to the Award provided hereunder), all of which terms and provisions are made a part of and incorporated in this Agreement as if they were each
expressly set forth herein. Any capitalized term not defined in this Agreement shall have the same meaning as is ascribed thereto in the Plan. The Participant hereby acknowledges receipt of a copy of the Plan and that the Participant has read the
Plan carefully and fully understands its content. In the event of any conflict between the terms of this Agreement and the terms of the Plan, the terms of the Plan shall control. No part of the Option granted hereby is intended to qualify as an
“incentive stock option” under Section 422 of the Code. 

 2. Grant of Option. The Company hereby grants to the Participant, as of the
Grant Date specified above, a Non-Qualified Stock Option (this “Option”) to acquire from the Company at the Per Share Exercise Price specified above, the aggregate number of shares of Common Stock specified above (the
“Option Shares”). Except as otherwise provided by the Plan, the Participant agrees and understands that nothing contained in this Agreement provides, or is intended to provide, the Participant with any protection against potential
future dilution of the Participant’s interest in the Company for any reason. The Participant shall have no rights as a stockholder with respect to any shares of Common Stock covered by the Option unless and until the Participant has become the
holder of record of such shares, and no adjustments shall be made for dividends in cash or other property, distributions or other rights in respect of any such shares, except as otherwise specifically provided for in the Plan or this Agreement.

 3. Vesting and Exercise. 
 (a) Vesting. Subject to the provisions of Sections 3(b) and 3(c) hereof, the Option shall vest and become exercisable as follows, provided that the Participant has not incurred a
Termination prior to each such vesting date: 
  

			
	 Vesting Date
	  	Number of Shares
	 First Anniversary of Grant Date
	  	20% of total
	 Second Anniversary of Grant Date
	  	20% of total
	 Third Anniversary of Grant Date
	  	20% of total
	 Fourth Anniversary of Grant Date
	  	20% of total
	 Fifth Anniversary of Grant Date
	  	20% of total

 There shall be no proportionate or partial vesting in the periods prior to each vesting date and all vesting shall occur
only on the appropriate vesting date, subject to the Participant’s continued service with the Company or any of its Subsidiaries on each applicable vesting date. Upon expiration of the Option, the Option shall be cancelled and no longer
exercisable. 
 (b) Committee Discretion to Accelerate Vesting. Notwithstanding the foregoing, the Committee may, in its
sole discretion, provide for accelerated vesting of the Option at any time and for any reason. 
 (c) Expiration. Unless
earlier terminated in accordance with the terms and provisions of the Plan and/or this Agreement, all portions of the Option (whether vested or not vested) shall expire and shall no longer be exercisable after the expiration of ten (10) years
from the Grant Date. 
 4. Method of Exercise and Payment. Subject to Section 7 hereof, to the extent
that the Option has become vested and exercisable with respect to a number of shares of Common Stock as provided herein, the Option may thereafter be exercised by the Participant, in whole or in part, at any time or from time to time prior to the
expiration of the Option as provided herein and in accordance with Sections 6.4(c) and 6.4(d) of the Plan, including, without limitation, by the filing of any written form of exercise notice as may be required by the Committee and
payment in full of the Per Share Exercise Price specified above multiplied by the number of shares of Common Stock underlying the portion of the Option exercised. 

  
 2 

 5. Non-Transferability. The Option, and any rights and interests with respect
thereto, issued under this Agreement and the Plan shall not be sold, exchanged, transferred, assigned or otherwise disposed of in any way by the Participant (or any beneficiary of the Participant), other than by testamentary disposition by the
Participant or the laws of descent and distribution. Notwithstanding the foregoing, the Committee may, in its sole discretion, permit the Option to be Transferred to a Family Member for no value, provided that such Transfer shall only be valid upon
execution of a written instrument in form and substance acceptable to the Committee in its sole discretion evidencing such Transfer and the transferee’s acceptance thereof signed by the Participant and the transferee, and provided, further,
that the Option may not be subsequently Transferred other than by will or by the laws of descent and distribution or to another Family Member (as permitted by the Committee in its sole discretion) in accordance with the terms of the Plan and this
Agreement, and shall remain subject to the terms of the Plan and this Agreement. Any attempt to sell, exchange, transfer, assign, pledge, encumber or otherwise dispose of or hypothecate in any way the Option, or the levy of any execution, attachment
or similar legal process upon the Option, contrary to the terms and provisions of this Agreement and/or the Plan shall be null and void and without legal force or effect. 
 6. Governing Law. All questions concerning the construction, validity and interpretation of this Agreement shall be governed by, and construed in accordance with, the laws of the State of
Delaware, without regard to the choice of law principles thereof. 
 7. Withholding of Tax. The Company shall have
the power and the right to deduct or withhold, or require the Participant to remit to the Company, an amount sufficient to satisfy any federal, state, local and foreign taxes of any kind (including, but not limited to, the Participant’s FICA
and SDI obligations) which the Company, in its sole discretion, deems necessary to be withheld or remitted to comply with the Code and/or any other applicable law, rule or regulation with respect to the Option and, if the Participant fails to do so,
the Company may otherwise refuse to issue or transfer any shares of Common Stock otherwise required to be issued pursuant to this Agreement. Any minimum statutorily required withholding obligation with regard to the Participant shall be satisfied by
reducing the amount of cash or shares of Common Stock otherwise deliverable upon exercise of the Option. 
 8. Entire
Agreement; Amendment. This Agreement, together with the Plan, contains the entire agreement between the parties hereto with respect to the subject matter contained herein, and supersedes all prior agreements or prior understandings, whether
written or oral, between the parties relating to such subject matter. The Committee shall have the right, in its sole discretion, to modify or amend this Agreement from time to time in accordance with and as provided in the Plan. This Agreement may
also be modified or amended by a writing signed by both the Company and the Participant. The Company shall give written notice to the Participant of any such modification or amendment of this Agreement as soon as practicable after the adoption
thereof. 
 9. Notices. Any notice hereunder by the Participant shall be given to the Company in writing and such
notice shall be deemed duly given only upon receipt thereof by the General Counsel of the Company. Any notice hereunder by the Company shall be given to the Participant in writing and such notice shall be deemed duly given only upon receipt thereof
at such address as the Participant may have on file with the Company. 

  
 3 

 10. No Right to Employment. Any questions as to whether and when there has
been a Termination and the cause of such Termination shall be determined in the sole discretion of the Committee. Nothing in this Agreement shall interfere with or limit in any way the right of the Company, its Subsidiaries or its Affiliates to
terminate the Participant’s employment or service at any time, for any reason and with or without Cause. 
 11.
Transfer of Personal Data. The Participant authorizes, agrees and unambiguously consents to the transmission by the Company (or any Subsidiary) of any personal data or information related to the Option awarded under this
Agreement for legitimate business purposes (including, without limitation, the administration of the Plan). This authorization and consent is freely given by the Participant. 
 12. Compliance with Laws. The issuance of the Option (and the Option Shares upon exercise of the Option) pursuant to this Agreement shall be subject to, and shall comply with, any applicable
requirements of any foreign and U.S. federal and state securities laws, rules and regulations (including, without limitation, the provisions of the Securities Act, the Exchange Act and in each case any respective rules and regulations promulgated
thereunder) and any other law or regulation applicable thereto. The Company shall not be obligated to issue the Option or any of the Option Shares pursuant to this Agreement if any such issuance would violate any such requirements. 

13. Section 409A. Notwithstanding anything herein or in the Plan to the contrary, the Option is intended to be exempt
from the applicable requirements of Section 409A of the Code and shall be limited, construed and interpreted in accordance with such intent. 
 14. Binding Agreement; Assignment. This Agreement shall inure to the benefit of, be binding upon, and be enforceable by the Company and its successors and assigns. The Participant shall not
assign (except in accordance with Section 5 hereof) any part of this Agreement without the prior express written consent of the Company. 
 15. Headings. The titles and headings of the various sections of this Agreement have been inserted for convenience of reference only and shall not be deemed to be a part of this Agreement.

 16. Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed to
be an original, but all of which shall constitute one and the same instrument. 
 17. Further Assurances. Each
party hereto shall do and perform (or shall cause to be done and performed) all such further acts and shall execute and deliver all such other agreements, certificates, instruments and documents as either party hereto reasonably may request in order
to carry out the intent and accomplish the purposes of this Agreement and the Plan and the consummation of the transactions contemplated thereunder. 

  
 4 

 18. Severability. The invalidity or unenforceability of any provisions of this
Agreement in any jurisdiction shall not affect the validity, legality or enforceability of the remainder of this Agreement in such jurisdiction or the validity, legality or enforceability of any provision of this Agreement in any other jurisdiction,
it being intended that all rights and obligations of the parties hereunder shall be enforceable to the fullest extent permitted by law. 
 19. Acquired Rights. The Participant acknowledges and agrees that: (a) the Company may terminate or amend the Plan at any time; (b) the award of the Option made under this
Agreement is completely independent of any other award or grant and is made at the sole discretion of the Company; (c) no past grants or awards (including, without limitation, the Option awarded hereunder) give the Participant any right to any
grants or awards in the future whatsoever; and (d) any benefits granted under this Agreement are not part of the Participant’s ordinary salary, and shall not be considered as part of such salary in the event of severance, redundancy or
resignation. 
 20. Clawback. The rights contained in this Agreement shall be subject to (i) any right that
the Company may have under any Company recoupment policy or other agreement or arrangement with the Participant, or (ii) any right or obligation that the Company may have regarding the clawback of incentive-based compensation under
Section 10D of the Exchange Act, as amended (as determined by the applicable rules and regulations promulgated thereunder from time to time by the U.S. Securities and Exchange Commission) or other applicable law. 

[Remainder of Page Intentionally Left Blank] 

  
 5 

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

			
	EVERYWARE GLOBAL, INC.
		
	 By:
	 	  

		
	 Name:
	 	  

		
	 Title:
	 	  

	
	PARTICIPANT
	
	  

		
	 Name:
	 	  

 Signature Page to Stock Option Agreement

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