Document:

EX-10.4

 

Exhibit 10.4

CONSULTING AGREEMENT

This Consulting Agreement (the “Agreement”) is made and entered into by and between Bayou City
Exploration, Inc., a Nevada Corporation (hereinafter “COMPANY”) with offices located at 10777
Westheimer, Suite 170, Houston, Texas 77142 and Bart Birdsall (hereinafter “CONSULTANT”) whose
address is P.O. Box 90733, Houston, Texas 77290. COMPANY and CONSULTANT are sometimes hereinafter
referred to, individually, as “Party” and, collectively, as the “Parties”.

WHEREAS, COMPANY has requested CONSULTANT to perform certain services as herein set forth and
CONSULTANT has agreed to perform such services subject to the terms of this Agreement; and

NOW, THEREFORE, in consideration of the mutual agreements and covenants herein contained and other
good and valuable consideration, the sufficiency of which is hereby acknowledged, CONSULTANT and
COMPANY hereby agree as follows:

1. DESCRIPTION OF SERVICES

COMPANY hereby retains CONSULTANT to provide consulting services to evaluate subsurface geological
and 3-D geophysical data and other data in areas which are interest to the COMPANY to identify
drilling opportunities prospective of hydrocarbon reserves (the “Prospect/s”) for the COMPANY and
shall perform such other related services included but not limited to the marketing of Prospects
identified, to third parties (the “Services”). In addition CONSULTANT agrees to function as
Exploration Project Manager of Projects designated by COMPANY and will direct the activities of
other Exploration consultants engaged in the generation of Prospects for the COMPANY. In this
capacity CONSULTANT will report directly to the President of COMPANY.

2. STANDARD OF SERVICES

The CONSULTANT shall have complete control over the details in which the Services are performed
subject to the satisfactory completion of the Services. CONSULTANT shall be free to determine the
hours in the day during which it will perform the Services, provided to the extent possible
CONSULTANT will be available to COMPANY as scheduled business hours of COMPANY. CONSULTANT agrees
that he will not, during the term of this Agreement, do any work, perform any services, or serve as
a consultant for a third party where those activities would, in the reasonable judgment of COMPANY
create a conflict of interest with his activities, duties, obligations, and responsibilities as set
forth in this Agreement.

3. COMPENSATION

CONSULTANT will be paid cash compensation in the amount of Seven Hundred Dollars ($700) per day.
CONSULTANT agrees to submit an invoice for cash compensation plus all approved expenses in two week
increments beginning at the completion of the initial two week period in this Agreement. For each
Prospect accepted by COMPANY, COMPANY will define an Area of Mutual Interest (the “AMI”).
CONSULTANT shall

1

 

be assigned a one per cent (1%) overriding royalty interest proportionately reduced to the net
mineral interest acquired in each Oil and Gas Lease within the AMI. The provisions of this Article
3 will survive the expiration of this Agreement.

4. INDEPENDENT CONTRACTORS

It is understood and agreed that for the purposes of this Agreement that for all services which
have been or will be provided hereunder, CONSULTANT shall be, and shall be deemed to be, an
independent contractor. CONSULTANT shall have no authority to made any statements, representations
or commitments of any kind, or to take any action that shall be binding on COMPANY except as
provided for herein or authorized in writing by COMPANY. CONSULTANT shall be fully responsible for
all costs and liability associated with CONSULTANT including but not limited to compensation,
benefits, insurance, taxes and other costs of employment. The CONSULTANT agrees to release and
indemnify COMPANY from any liabilities and claims which result from the CONSULTANTS failure to
comply with this Article 4. The provisions of this Article 4 will survive the expiration of this
Agreement.

5. CONFIDENTIAL INFORMATION

Confidential information shall mean all information disclosed to CONSULTANT by COMPANY that related
to past, present, and future exploration development and business activities, except such
information as is previously known to CONSULTANT, or is publicly available. CONSULTANT shall not
use or disclose to any third party any such confidential information, unless required to do so by a
court of law. CONSULTANT shall comply with all known terms and conditions of the COMPANY’S third
party license agreements or joint venture agreements that may apply to such confidential
information. Upon COMPANY’S request or expiration of this Agreement, CONSULTANT shall return to
COMPANY all written or descriptive matter, including but not limited to the geophysical data,
drawings, maps, plots, computer tapes or other papers or documents which contain any such
confidential information. The provisions of this Article 5 will survive the expiration of this
Agreement.

6. TERM

The term of this Agreement shall commence on the effective date of this Agreement and will continue
until December 31, 2009. This contract will be automatically extended for additional one (1) year
terms unless at least thirty (30) days prior to the then-scheduled expiration date either Party
gives written notice to the other Party that such Party elects to not extend the term of this
Agreement.

7. ENTIRE AGREEMENT

This Agreement contains the entire agreement between the parties and it supersedes all prior
agreements and understandings between the parties respecting the subject matter hereof. This
Agreement may not be amended, changed or terminated orally by, on, or on behalf of either party.

2

 

8. GOVERNING LAW

This Agreement and the rights and obligations of the parties hereunder shall be governed by and
interpreted, construed and enforced in accordance with the laws of the State of Texas without
giving effect to conflicts of laws principles. This Agreement shall be performable in Houston,
Harris County, Texas and venue for any litigation to enforce a provision hereto or to construe this
Agreement shall be in Houston, Harris, County, Texas.

9. NOTICES

Any notice or request herein required or committed to be given hereunder shall be given in writing
at the addresses set forth below.

10. SURVIVORSHIP

The terms and provisions articles 3, 4 and 5 shall survive the termination of this Agreement, and
shall remain in full force and effect thereafter, and shall be binding upon the parties hereto, and
their respective representatives, successors, and authorized assigns.

11. ASSIGNMENT

This Agreement may not be assigned or delegated, in whole or in part, without the prior written
consent of the other party.

12. COUNTERPARTS

This Agreement may be executed in one or more counterparts, each of which shall be deemed an
original and all of which shall constitute one and the same Agreement.

EXECUTED EFFECTIVE THE 18th day of September, 2006.

	 	 	 	 	 
	 

	 	BAYOU CITY EXPLORATION, INC.	 	 
	 
	 	 	 	 
	 

	 	/s/ Morris Hewitt	 	 
	 

	 	 

Morris Hewitt
	 	 
	 

	 	President and CEO	 	 
	 

	 	10777 Westheimer, Suite 170	 	 
	 

	 	Houston, Texas 77042	 	 
	 

	 	Phone No.: 832-358-3900	 	 
	 

	 	Fax No.: 832-358-3903	 	 
	 

	 	Email: mhewitt@bcexploration.com	 	 

3

 

	 	 	 	 	 
	 

	 	Bart Birdsall	 	 
	 
	 	 	 	 
	 

	 	/s/ Bart Birdsall	 	 
	 

	 	 

P.O Box 90733
	 	 
	 

	 	Houston, Texas 77290	 	 
	 

	 	Phone No.: 281-793-1266	 	 
	 

	 	Email: bartbirdsall@hotmail.com	 	 

4ex4-1.htm

     

    Exhibit
      4.1

     

    CSX
      CORPORATION

     

    Action
      of Authorized Pricing Officers

     

    April
      20,
      2007

     

    1.    Pursuant
      to (i) Section 301 of the Indenture, dated as of August 1, 1990, between
      CSX Corporation (the “Corporation”) and The Bank of New York, successor to
      JPMorgan Chase Bank, N.A., formerly The Chase Manhattan Bank, as trustee (the
      “Trustee”), as heretofore supplemented and amended (the “Indenture”), and
      (ii) resolutions duly adopted by the Board of Directors of the Corporation
      at meetings duly called and held on December 13, 2006 and February 14, 2007,
      the
      undersigned officers hereby establish two series (as that term is used in
      Section 301 of the Indenture) of Securities to be issued under the Indenture,
      which series of Securities shall have the terms set forth in the Prospectus
      and
      the Prospectus Supplement attached as Exhibit
      A
      (collectively, the “Prospectus”) and such other or different terms as may be set
      forth herein. The titles of the Securities shall be, respectively, the 5.60%
      Notes due 2017 (the “Notes due 2017”) and the 6.15% Notes due 2037 (the “Notes
      due 2037” and, together with the Notes due 2017, the “Notes”), and the Notes
      will be issued in fully registered form only, in denominations of $2,000 and
      integral multiples of $1,000. Terms used herein and not defined shall have
      the
      meaning assigned to them in the Indenture or the Prospectus.

     

    2.    The
      forms
      and terms of the Notes substantially in the forms of Exhibits
      B-1 and B-2 attached
      hereto are hereby approved under the Indenture; and the Chairman, President
      and
      Chief Executive Officer, any Executive Vice President, any Senior Vice
      President, any Vice President, the Treasurer, the Corporate Secretary, any
      Assistant Corporate Secretary or the Controller of the Corporation are, and
      each
      of them with full power to act without the others hereby is, authorized, in
      the
      name and on behalf of the Corporation, to execute, manually or by facsimile
      signature, and in the manner provided in the Indenture, the Notes (and, in
      addition, to replace lost, stolen, mutilated or destroyed Notes, all as provided
      in the Indenture) substantially in the form approved hereby, in both temporary
      and definitive form, with such changes, modifications and insertions therein
      as
      the officer executing the Notes shall determine, such determination to be
      conclusively evidenced by the execution thereof by such officer, all in the
      manner and form required in, or contemplated by, the Indenture.

     

    3.    The
      signatures of the officers of the Corporation so authorized to execute the
      Notes
      may, but need not be, the facsimile signatures of the current or any future
      such
      authorized officers imprinted or otherwise reproduced thereon, the Corporation
      for such purpose hereby adopting such facsimile signatures as binding upon
      it,
      notwithstanding that at the time any Notes shall be authenticated and delivered
      or disposed of any officer so signing shall have ceased to be such authorized
      officer.

     

    4.    The
      form,
      terms and provisions of the Indenture are hereby ratified and
      approved.

     

    5.    The
      form,
      terms and provisions of the Underwriting Agreement, dated April 20, 2007 (the
      “Underwriting Agreement”), between the Corporation and the Underwriters named on
      Schedule II thereto, providing for the issuance and sale of the Notes are hereby
      approved; and the Chairman, President and Chief Executive Officer, any Executive
      Vice President, any Senior Vice President, any Vice President, the Treasurer,
      any General Counsel or Assistant General Counsel, the Corporate Secretary,
      any
      Assistant Corporate Secretary or the Assistant Vice President-Capital Markets
      of
      the Corporation (each
      an
“Authorized Officer” and collectively, the “Authorized Officers”) are,
      and
      each of them with full power to act without the others hereby is, authorized
      and
      directed to execute and deliver, in the name and on behalf of the Corporation,
      the Underwriting Agreement with such changes therein as the officer of the
      Corporation executing the Underwriting Agreement shall approve, the execution
      thereof by such officer to be conclusive evidence of such approval.

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    6.    The
      form
      and terms of the Prospectus are hereby approved.

     

    7.    The
      Authorized Officers are, and each of them with full power to act without the
      others hereby is, authorized and empowered to take all actions, and to execute
      and deliver any and all documents, in the name and on behalf of this Corporation
      as such officer or officers shall deem necessary or appropriate to effect or
      otherwise carry out the foregoing.

     

    8.    Any
      and
      all actions heretofore or hereafter taken by any officer or officers of the
      Corporation within the terms of the foregoing, including without limitation,
      the
      filing of a registration statement and amendments, supplements and addenda
      thereto with the Securities and Exchange Commission with respect to the Notes
      and other securities which may be issued pursuant to the Indenture, are hereby
      ratified and confirmed as the act of the Corporation.

     

    9.    The
      Notes
      may be authenticated by the Trustee and issued in accordance with the
      Indenture.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    Dated
      as
      of the date first set forth above.

     

    
      	 	 	 
	 	 
	 
 	 
 	 
 
	 	By:  	/s/ Oscar
              Munoz
	 	
              

            
	 	Name: 
Oscar
              Munoz 
	 	Title: 
              Executive
              Vice President and Chief Financial
              Officer

    

     

    
      
        	 	 	 
	 	 
	 
 	 
 	 
 
	 	By:  	/s/ David
                A.
                Boor
	 	
                

              
	 	Name: 
David
                A. Boor
	 	Title: 
                Vice
                President-Tax and Treasurer

      

       

    

     

    
    

    

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    Exhibit
      A

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Exhibit
      B-1

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    Exhibit
      B-2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00122-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00122-of-00352.parquet"}]]