Document:

Form of Section 16 Officer Amended and Restated Change of Control Severance Agmt

 Exhibit 10.2 

INFINERA CORPORATION 

AMENDED AND RESTATED CHANGE OF CONTROL SEVERANCE AGREEMENT 

This Amended and Restated Change of Control Severance Agreement (the “Agreement”) is made and entered into by and between
[NAME] (“Executive”) and Infinera Corporation (the “Company”), effective as of [DATE] (the “Effective Date”). 

RECITALS 

1. It is expected that the Company from time to time will consider the possibility of an acquisition by another company or other change
of control. The Board of Directors of the Company (the “Board”) recognizes that such consideration can be a distraction to Executive and can cause Executive to consider alternative employment opportunities. The Board has determined that it
is in the best interests of the Company and its stockholders to assure that the Company will have the continued dedication and objectivity of Executive, notwithstanding the possibility, threat or occurrence of a Change of Control (as defined herein)
of the Company. 
 2. The Board believes that it is in the best interests of the Company and its stockholders to provide
Executive with an incentive to continue his or her employment and to motivate Executive to maximize the value of the Company upon a Change of Control for the benefit of its stockholders. 

3. The Board believes that it is imperative to provide Executive with certain benefits upon Executive’s termination of employment
following a Change of Control. These benefits will provide Executive with enhanced financial security and incentive and encouragement to remain with the Company notwithstanding the possibility of a Change of Control. 

4. This Agreement amends and restates the Change of Control Severance Agreement dated [DATE(S)] between the Company and Executive.

 5. Certain capitalized terms used in the Agreement are defined in Section 6 below. 

AGREEMENT 

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

1. Term of Agreement. This Agreement will terminate upon the date that all of the obligations of the parties hereto with respect
to this Agreement have been satisfied. 
 2. At-Will Employment. The Company and Executive acknowledge that
Executive’s employment is and will continue to be at-will, as defined under applicable law, except as may otherwise be specifically provided under the terms of any written formal employment agreement between the Company and Executive (an
“Employment Agreement”). If Executive’s employment terminates for any reason, including (without limitation) any termination prior to a 

 
Change of Control, Executive will not be entitled to any payments, benefits, damages, awards or compensation other than as provided by this Agreement or under his or her Employment Agreement.

 3. Severance Benefits. 

(a) Involuntary Termination Following a Change of Control. If (i) within twelve (12) months following a Change of
Control, (A) the Company (or any parent or subsidiary of the Company) terminates Executive’s employment without Cause, or (B) Executive resigns his or her employment as a result of a Constructive Termination, and (ii) Executive
signs and does not revoke a standard release of claims with the Company in a form acceptable to the Company, then Executive will receive the following severance from the Company: 

(i) Severance Payment. Executive will receive a lump sum severance payment (less applicable withholding taxes) equal to one and
one-half (1.5) times the Executive’s base salary (as in effect immediately prior to (A) the Change of Control, or (B) Executive’s termination, whichever is greater). 

(ii) Equity Awards. One hundred percent (100%) all equity awards granted to Executive that are outstanding as of the date of
Executive’s termination (the “Equity Awards”) will immediately vest and, if applicable, become exercisable. The Equity Awards will, to the extent applicable, remain exercisable following Executive’s termination for the period
prescribed in the related award agreements. 
 (iii) Continued Employee Benefits. If Executive elects continuation
coverage pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”) for Executive and Executive’s eligible dependents, within the time period prescribed pursuant to COBRA, the Company will reimburse
Executive for the COBRA premiums for such coverage (at the coverage levels in effect immediately prior to Executive’s termination) until the earlier of (A) a period of eighteen (18) months from the last date of employment of Executive
with the Company, or (B) the date upon which Executive and/or Executive’s eligible dependents becomes covered under similar plans. COBRA reimbursements will be made by the Company to Executive consistent with the Company’s normal
expense reimbursement policy. 
 (b) Timing of Severance Payments. Subject to Section 3(f), the Company will pay the
severance payment to which Executive is entitled pursuant to Section 3(a)(i) as a lump sum no later than March 15 of the calendar year following the year in which Executive’s employment terminates. If Executive should die before the
severance amount has been paid, such unpaid amount will be paid to Executive’s designated beneficiary, if living, or otherwise to the personal representative of Executive’s estate. 

(c) Voluntary Resignation; Termination For Cause. If Executive’s employment with the Company terminates (i) voluntarily
by Executive (other than as a result of a Constructive Termination) or (ii) for Cause by the Company (or any parent or subsidiary of the Company), then Executive will not be entitled to receive severance or other benefits except for those (if
any) as may then be established under the Company’s then existing severance and 
  

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Infinera – Section 16 Change of Control Agreement 

 
benefits plans and practices or pursuant to other written agreements with the Company, including, without limitation, any Employment Agreement. 

(d) Disability; Death. If the Company terminates Executive’s employment as a result of Executive’s Disability, or
Executive’s employment terminates due to his or her death, then Executive will not be entitled to receive severance or other benefits except for those (if any) as may then be established under the Company’s then existing written severance
and benefits plans and practices or pursuant to other written agreements with the Company, including, without limitation, any Employment Agreement. 

(e) Exclusive Remedy. In the event of a termination of Executive’s employment with the Company (or any parent or subsidiary
of the Company), the provisions of this Section 3 are intended to be and are exclusive and in lieu of any other rights or remedies to which Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or
under this Agreement. Executive will be entitled to no benefits, compensation or other payments or rights upon termination of employment other than those benefits expressly set forth in this Section 3. 

(f) Section 409A. 

(i) Notwithstanding anything to the contrary in this Agreement, if Executive is a “specified employee” within the meaning of
Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) and the final regulations and any guidance promulgated thereunder (“Section 409A”) at the time of Executive’s termination (other than due to
death), then the severance payable to Executive, if any, pursuant to this Agreement, when considered together with any other severance payments or separation benefits that are considered deferred compensation under Section 409A (together, the
“Deferred Compensation Separation Benefits”) that are payable within the first six (6) months following Executive’s termination of employment, will become payable on the first payroll date that occurs on or after the date six
(6) months and one (1) day following the date of Executive’s termination of employment. All subsequent Deferred Compensation Separation Benefits, if any, will be payable in accordance with the payment schedule applicable to each
payment or benefit. Notwithstanding anything herein to the contrary, if Executive dies following his or her termination but prior to the six (6) month anniversary of his or her termination, then any payments delayed in accordance with this
paragraph will be payable in a lump sum as soon as administratively practicable after the date of Executive’s death and all other Deferred Compensation Separation Benefits will be payable in accordance with the payment schedule applicable to
each payment or benefit. Each payment and benefit payable under this Agreement is intended to constitute separate payments for purposes of Section 1.409A-2(b)(2) of the Treasury Regulations. 

(ii) Any amount paid under this Agreement that satisfies the requirements of the “short-term deferral” rule set forth in
Section 1.409A-1(b)(4) of the Treasury Regulations shall not constitute Deferred Compensation Separation Benefits for purposes of clause (i) above. 

(iii) Amount paid under this Agreement that qualifies as a payment made as a result of an involuntary separation from service pursuant
to Section 1.409A-1(b)(9)(iii) 
  

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Infinera – Section 16 Change of Control Agreement 

 
of the Treasury Regulations that do not exceed the Section 409A Limit shall not constitute Deferred Compensation Separation Benefits for purposes of clause (i) above. 

(iv) The foregoing provisions are intended to comply with the requirements of Section 409A so that none of the severance payments
and benefits to be provided hereunder will be subject to the additional tax imposed under Section 409A, and any ambiguities herein will be interpreted to so comply. The Company and Executive agree to work together in good faith to consider
amendments to this Agreement and to take such reasonable actions which are necessary, appropriate or desirable to avoid imposition of any additional tax or income recognition prior to actual payment to Executive under Section 409A. 

4. Limitation on Payments. In the event that the severance and other benefits provided for in this Agreement or otherwise payable
to Executive (i) constitute “parachute payments” within the meaning of Section 280G of the Code and (ii) but for this Section 4, would be subject to the excise tax imposed by Section 4999 of the Code, then
Executive’s severance benefits under Section 3(a) will be either: 
 (a) delivered in full, or 

(b) delivered as to such lesser extent which would result in no portion of such severance benefits being subject to excise tax under
Section 4999 of the Code, whichever of the foregoing amounts, taking into account the applicable federal, state and local income taxes and the excise tax imposed by Section 4999, results in the receipt by Executive on an after-tax basis,
of the greatest amount of severance benefits, notwithstanding that all or some portion of such severance benefits may be taxable under Section 4999 of the Code. Unless the Company and Executive otherwise agree in writing, any determination
required under this Section 4 will be made in writing by the Company’s independent public accountants immediately prior to Change of Control (the “Accountants”), whose determination will be conclusive and binding upon Executive
and the Company for all purposes. For purposes of making the calculations required by this Section 4, the Accountants may make reasonable assumptions and approximations concerning applicable taxes and may rely on reasonable, good faith
interpretations concerning the application of Sections 280G and 4999 of the Code. The Company and Executive will furnish to the Accountants such information and documents as the Accountants may reasonably request in order to make a determination
under this Section 4. The Company will bear all costs the Accountants may reasonably incur in connection with any calculations contemplated by this Section 4. 

5. Definition of Terms. The following terms referred to in this Agreement will have the following meanings: 

(a) Cause. “Cause” is defined as: (i) Executive’s willful failure to substantially perform his or her duties
and responsibilities to the Company or deliberate violation of a Company policy; (ii) Executive’s commission of any act of fraud, embezzlement, dishonesty or any other willful misconduct that has caused or is reasonably expected to result
in material injury to the Company; (iii) unauthorized use or disclosure by Executive of any proprietary information or trade secrets of the Company or any other party to whom Executive owes an obligation of nondisclosure as a result of his or
her relationship with the Company; or (iv)
  

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Infinera – Section 16 Change of Control Agreement 

 
Executive’s willful breach of any of his or her obligations under any written agreement or covenant with the Company. The determination as to whether Executive is being terminated for Cause
will be made in good faith by the Company and will be final and binding on Executive. 
 (b) Change of Control.
“Change of Control” of the Company is defined as: 
 (i) any “person” (as such term is used in Sections
13(d) and 14(d) of the Securities Exchange Act of 1934, as amended) becomes the “beneficial owner” (as defined in Rule 13d-3 under said Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or
more of the total voting power represented by the Company’s then outstanding voting securities; 
 (ii) the consummation
of the sale or disposition by the Company of all or substantially all of the Company’s assets; 
 (iii) the consummation
of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by
remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its
parent outstanding immediately after such merger or consolidation; or 
 (iv) a change in the composition of the Board
occurring within a two (2) year period, as a result of which less than a majority of the directors are Incumbent Directors. “Incumbent Directors” means directors who either (A) are directors of the Company as of the date hereof,
or (B) are elected, or nominated for election, to the Board with the affirmative votes of at least a majority of the directors of the Company at the time of such election or nomination (but will not include an individual whose election or
nomination is in connection with an actual or threatened proxy contest relating to the election of directors to the Company). 

(c) Constructive Termination. “Constructive Termination” will mean Executive’s resignation as a result of, and
within three (3) months following the expiration of any Company cure period (discussed below) following the occurrence of one or more of the following: (i) a material reduction in Executive’s job, duties or responsibilities in a
manner that is substantially inconsistent with the position, duties or responsibilities held by Executive immediately before such reduction, (ii) a material reduction in Executive’s base salary (in other words, a reduction of more than
five percent of Executive’s base salary within the twelve-month period following a Change of Control), or (iii) a material change in the work location at which Executive is required to perform services for the Company (in other words, a
requirement that Executive relocate to a work location that is more than 50 miles from Executive’s work location in effect as of the date immediately prior to a Change in Control). Executive will not resign as the result of a Constructive
Termination without first providing the Company with written notice of the acts or omissions constituting the grounds for “Constructive Termination” within ninety (90) days of the initial existence of the grounds for
“Constructive Termination” and a cure period of thirty (30) days following the date of such notice. 
  

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Infinera – Section 16 Change of Control Agreement 

 (d) Disability. “Disability” will mean that Executive has been unable to
perform his or her Company duties as the result of his or her incapacity due to physical or mental illness, and such inability, at least twenty-six (26) weeks after its commencement, is determined to be total and permanent by a physician
selected by the Company or its insurers and acceptable to Executive or Executive’s legal representative (such Agreement as to acceptability not to be unreasonably withheld). Termination resulting from Disability may only be effected after at
least thirty (30) days’ written notice by the Company of its intention to terminate Executive’s employment. In the event that Executive resumes the performance of substantially all of his or her duties hereunder before the termination
of his or her employment becomes effective, the notice of intent to terminate will automatically be deemed to have been revoked. 

(e) Section 409A Limit. “Section 409A Limit” will mean the lesser of two (2) times: (i) Executive’s
annualized compensation based upon the annual rate of pay paid to Executive during the Company’s taxable year preceding the Company’s taxable year of Executive’s termination of employment as determined under Treasury Regulation
1.409A-1(b)(9)(iii)(A)(1) and any Internal Revenue Service guidance issued with respect thereto; or (ii) the maximum amount that may be taken into account under a qualified plan pursuant to Section 401(a)(17) of the Code for the year in
which Executive’s employment is terminated. 
 6. Successors. 

(a) The Company’s Successors. Any successor to the Company (whether direct or indirect and whether by purchase, merger,
consolidation, liquidation or otherwise) to all or substantially all of the Company’s business and/or assets will assume the obligations under this Agreement and will agree expressly to perform the obligations under this Agreement in the same
manner and to the same extent as the Company would be required to perform such obligations in the absence of a succession. For all purposes under this Agreement, the term “Company” will include any successor to the Company’s business
and/or assets which executes and delivers the assumption agreement described in this Section 6(a) or which becomes bound by the terms of this Agreement by operation of law. 

(b) Executive’s Successors. The terms of this Agreement and all rights of Executive hereunder will inure to the benefit of,
and be enforceable by, Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. 

7. Notice. 

(a) General. Notices and all other communications contemplated by this Agreement will be in writing and will be deemed to have been
duly given when personally delivered or when mailed by U.S. registered or certified mail, return receipt requested and postage prepaid. In the case of Executive, mailed notices will be addressed to him or her at the home address which he or she most
recently communicated to the Company in writing. In the case of the Company, mailed notices will be addressed to its corporate headquarters, and all notices will be directed to the attention of its President. 

 

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Infinera – Section 16 Change of Control Agreement 

 (b) Notice of Termination. Any termination by the Company for Cause or as a result of
a voluntary resignation will be communicated by a notice of termination to the other party hereto given in accordance with Section 7(a) of this Agreement. Such notice will indicate the specific termination provision in this Agreement relied
upon, will set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination under the provision so indicated, and will specify the termination date (which will be not more than thirty (30) days after the
giving of such notice). Without limiting the foregoing, Executive shall be required to provide thirty (30) days’ notice prior to the termination of his employment for any reason. 

8. Arbitration. 

(a) Any dispute or controversy arising out of, relating to, or in connection with this Agreement, or the interpretation, validity,
construction, performance, breach, or termination thereof, will be settled by binding arbitration to be conducted by the Judicial Arbitration and Mediation Services (“JAMS”) in Santa Clara, California, in accordance with the Employment
Arbitration Rules and Procedures of JAMS (the “Rules”). The arbitrator may grant injunctions or other relief in such dispute or controversy. The decision of the arbitrator will be final, conclusive and binding on the parties to the
arbitration. Judgment may be entered on the arbitrator’s decision in any court having jurisdiction. 
 (b) The
arbitrator(s) will apply California law to the merits of any dispute or claim, without reference to conflicts of law rules. The arbitration proceedings will be governed by federal arbitration law and by the Rules, without reference to state
arbitration law. Executive hereby consents to the personal jurisdiction of the state and federal courts located in California for any action or proceeding arising from or relating to this Agreement or relating to any arbitration in which the parties
are participants. 
 (c) Executive understands that nothing in this Section 8 modifies Executive’s at-will employment
status. Either Executive or the Company can terminate the employment relationship at any time, with or without Cause. 
 (d)
EXECUTIVE HAS READ AND UNDERSTANDS THIS SECTION 8, WHICH DISCUSSES ARBITRATION. EXECUTIVE UNDERSTANDS THAT SUBMITTING ANY CLAIMS ARISING OUT OF, RELATING TO, OR IN CONNECTION WITH THIS AGREEMENT, OR THE INTERPRETATION, VALIDITY, CONSTRUCTION,
PERFORMANCE, BREACH OR TERMINATION THEREOF TO BINDING ARBITRATION, CONSTITUTES A WAIVER OF EXECUTIVE’S RIGHT TO A JURY TRIAL AND RELATES TO THE RESOLUTION OF ALL DISPUTES RELATING TO ALL ASPECTS OF THE EMPLOYER/EXECUTIVE RELATIONSHIP, INCLUDING
BUT NOT LIMITED TO, THE FOLLOWING CLAIMS: 
 (i) ANY AND ALL CLAIMS FOR WRONGFUL DISCHARGE OF EMPLOYMENT; BREACH OF CONTRACT,
BOTH EXPRESS AND IMPLIED; BREACH OF THE COVENANT OF GOOD FAITH AND FAIR DEALING, BOTH EXPRESS AND IMPLIED; NEGLIGENT OR INTENTIONAL INFLICTION OF EMOTIONAL DISTRESS; NEGLIGENT OR INTENTIONAL MISREPRESENTATION; NEGLIGENT OR

  

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Infinera – Section 16 Change of Control Agreement 

 
INTENTIONAL INTERFERENCE WITH CONTRACT OR PROSPECTIVE ECONOMIC ADVANTAGE; AND DEFAMATION. 

(ii) ANY AND ALL CLAIMS FOR VIOLATION OF ANY FEDERAL STATE OR MUNICIPAL STATUTE, INCLUDING, BUT NOT LIMITED TO, TITLE VII OF THE CIVIL
RIGHTS ACT OF 1964, THE CIVIL RIGHTS ACT OF 1991, THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, THE AMERICANS WITH DISABILITIES ACT OF 1990, THE FAIR LABOR STANDARDS ACT, THE CALIFORNIA FAIR EMPLOYMENT AND HOUSING ACT, AND LABOR CODE SECTION
201, et seq; 
 (iii) ANY AND ALL CLAIMS ARISING OUT OF ANY OTHER LAWS AND REGULATIONS RELATING TO EMPLOYMENT OR EMPLOYMENT
DISCRIMINATION. 
 9. Miscellaneous Provisions. 

(a) No Duty to Mitigate. Executive will not be required to mitigate the amount of any payment contemplated by this Agreement, nor
will any such payment be reduced by any earnings that Executive may receive from any other source. 
 (b) Waiver. No
provision of this Agreement will be modified, waived or discharged unless the modification, waiver or discharge is agreed to in writing and signed by Executive and by an authorized officer of the Company (other than Executive). No waiver by either
party of any breach of, or of compliance with, any condition or provision of this Agreement by the other party will be considered a waiver of any other condition or provision or of the same condition or provision at another time. 

(c) Headings. All captions and section headings used in this Agreement are for convenient reference only and do not form a part of
this Agreement. 
 (d) Entire Agreement. This Agreement, together with any Employment Agreement, constitutes the entire
agreement of the parties hereto and supersedes in their entirety all prior representations, understandings, undertakings or agreements (whether oral or written and whether expressed or implied) of the parties with respect to the subject matter
hereof. 
 (e) Amendment. This Agreement may not be altered, modified or amended except by a written instrument signed by
each of the parties hereto. 
 (f) Choice of Law. The validity, interpretation, construction and performance of this
Agreement will be governed by the laws of the State of California (with the exception of its conflict of laws provisions). 

(g) Severability. The invalidity or unenforceability of any provision or provisions of this Agreement will not affect the validity
or enforceability of any other provision hereof, which will remain in full force and effect. 
 (h) Withholding. All
payments made pursuant to this Agreement will be subject to withholding of applicable income and employment taxes. 
  

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Infinera – Section 16 Change of Control Agreement 

 (i) Counterparts. This Agreement may be executed in counterparts, each of which will
be deemed an original, but all of which together will constitute one and the same instrument. 
 IN WITNESS WHEREOF, each of the
parties has executed this Agreement, in the case of the Company by its duly authorized officer, as of the day and year set forth below. 
  

					
	COMPANY	 	INFINERA CORPORATION
			
		 	By:	  	  

			
		 	Name:	  	  

			
		 	Title:	  	  

			
	EXECUTIVE	 	By:	  	  

			
		 	Name:	  	  

			
		 	Title:	  	  

  

 9 

Infinera – Section 16 Change of Control AgreementLexaria Corp.: Exhibit 10.1 - Filed by newsfilecorp.com

Exhibit 10.1

ASSIGNMENT AGREEMENT 

THIS ASSIGNMENT is made effective as of this
13th day of September, 2010 

BETWEEN: 

LEXARIA CORP., a company
incorporated under the laws of the State of Nevada, having a business office at
#950 - 1130 West Pender, Vancouver, British Columbia, Canada V6E 4A4 

(the “Assignor,” or,
“Lexaria”) 

AND: 

0743608 BC Ltd, a business in
the Province of British Columbia having an address at Suite 1004, 1708 Dolphin
Ave, Kelowna BC V1Y 9S4 

(the “Assignee”) 

WHEREAS: 

	A. 	
      The Assignor and the Assignee are in the business of
      natural resources exploration and development;

	 	 	 
	B. 	
      On or about July 29, 2010, the Assignor and the Asignee
      entered into an assignment agreement which, through the execution of this
      new Assignment Agreement dated September 13, 2010, is agreed by the
      Assignor and the Assignee to be null and void and with no further value or
      force;

	 	 	 
	C. 	
      Lexaria has entered into a farmout, option and
      participation letter agreement dated December 21, 2005 (the “Head
      Agreement”), a copy of which is attached as Exhibit I hereto, with Griffin
      & Griffin Exploration L.L.C. (“Griffin”) with respect to the following
      property:

	 	 	 
		(1) 	
      Belmont Lake Field, Wilkinson County, Mississippi,
      Section 41-T2N-R4W

	 	 	 
	D. 	
      Lexaria currently has the right to earn:

	 	 	 
		(1) 	
      A PERPETUAL 32% (gross) and 20.802815% (net) working
      interest in the Belmont Lake wells to be drilled and known as PP F-12-2;
      PP F-12-4; PP F-12- 5, and;

	 	 	 
		(2) 	
      An additional NON PERPETUAL 32% (gross) and 20.802815%
      (net) working interest in the Belmont Lake wells to be drilled and known
      as PP F-12-2; PP F- 12-4; PP F-12-5, until such time as the wells achieve
      500% revenue payout (as
more particularly described below), at which time this interest ceases as per the joint operating agreement (the “Non Perpetual Interest”). 

	
 	
 
	
E. 		
On or about June 25, 2010, the Assignor entered into an Authorization For Expenditure agreement (the “AFE”) with Griffin, a copy of which is attached as Exhibit II hereto, to participate in the drilling and completion of
the PP F-12-2; PP F-12-4; PP F-12-5 wells by paying a 32% share of the costs of drilling and completing of the PP F-12-2; PP F-12- 4; PP F-12-5 wells as per the AFE; and

	
	 	 	 
	
F. 		
The Assignee wishes to purchase from the Assignor and the Assignor wishes to sell to the Assignee a revenue interest of 48.73755% of a 32% share of the Assignor’s net revenue after field operating expenses in the Non
Perpetual Interest from the PP F-12-2; PP F-12- 4; PP F-12-5 well (the “Assigned Interest”);

	
	 	 	 
	
G. 		
In consideration for the Assigned Non Perpetual Interest the Assignee has agreed to pay to the Assignor:

	
	 	 	 
		
(a) 		
64.98341% of the Assignor’s Non Perpetual Interest costs currently budgeted at $408,116.48 but subject to revision by Griffin, being an amount of US$265,208.00 (the “Initial Consideration”) of which
US$210,986.26 has already been paid; and

	
	 	 	 
		
(b) 		
64.98341% of the Assignor’s 32% share of the PP F-12-2; PP F-12-4; PP F-12-5 Non Perpetual Interest well costs from time to time for infrastructure, pipes, tanks, compressors, trucking, etc, as recommended for expenditure by
Griffin (the “Subsequent Consideration”); and,

	
	 	 	 
	
H. 		
Upon the terms and subject to the conditions set forth in this Assignment, the consent of Griffin with respect to the Assignment herein having been obtained, the Assignor wishes to assign and the Assignee wishes to accept the
assignment of the Assigned Non Perpetual Interest as shown above in and to the Participation Agreement.

	

NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of covenants and agreements set forth herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree each
with the other as follows: 

	
1. 		
The Assignor hereby assigns, transfers and sets over to the Assignee, effective as of the date hereof, all proportionate rights, interest and benefits in the Assigned Non Perpetual Interest held by or granted to the Assignor in
and to the Participation Agreement between the Assignor and Griffin but limited to a gross 500% revenue payout based on the total amount paid under the Initial Consideration and the Subsequent Consideration after which all rights, interests and
benefits cease; and details of which are referenced in the attached Exhibit II. The Assignee hereby acknowledges and agrees that the Assignor is making no representation or covenant as to whether any oil revenue will be recovered from the Assigned
Non Perpetual Interest.

	

	2. 	
      The Assignee hereby agrees to pay to the Assignor the
      Initial Consideration, within 5 days of the signing of this
    Assignment.

	 	 
	3. 	
      The Assignee hereby agrees to pay to the Assignor the
      Subsequent Consideration as required and or demanded by the Assignor. In
      the event the Assignee does not provide the Subsequent Consideration
      within five (5) business days, Griffin shall withhold such amount of
      revenue from the Assigned Interest in order to satisfy the then amount
      outstanding of the Subsequent Consideration.

	 	 
	4. 	
      The Assignor warrants and represents to the Assignee that
      as of the date of this Assignment, the Participation Agreement is in full
      force and effect, without modification or amendment, that the Assignor has
      the full right and authority to assign the Assigned Interest and all of
      the Assigned Interest’s rights, interest and benefits held by or granted
      to the Assignor in and to the Participation Agreement and that such
      rights, interest and benefits assigned to the Assignee herein are free of
      lien, encumbrance or adverse claim.

	 	 
	5. 	
      The Assignee hereby assumes and agrees to perform all
      obligations of the Assignor with respect to the Assigned Non Perpetual
      Interest under the Participation Agreement and guarantees to hold the
      Assignor harmless from any claim or demand of any kind made
    hereunder.

	 	 
	6. 	
      This Assignment shall be binding upon and inure to the
      benefit of the parties, their successors and assigns.

	 	 
	7. 	
      Each of the parties hereto will co-operate with the
      others and execute and deliver to the other parties hereto such other
      instruments and documents and take such other actions as may be reasonably
      requested from time to time by any other party hereto as necessary to
      carry out, evidence, and confirm the intended purpose of this
      Assignment.

	 	 
	8. 	
      This Assignment may not be amended except by an
      instrument in writing signed by each of the parties.

	 	 
	9. 	
      This Assignment and the Exhibit hereto contain the entire
      agreement between the parties with respect to the subject matter hereof
      and supercede all prior arrangements and understandings, both written and
      oral, express or implied, with respect thereto. Any preceding
      correspondence or offers are expressly superceded and terminated by this
      Assignment.

	 	 
	10. 	
      All notices and other communications required or
      permitted under this Assignment must be in writing and will be deemed
      given if sent by personal delivery, faxed with electronic confirmation of
      delivery, internationally recognized courier or registered or certified
      mail (return receipt requested), postage prepaid, to the parties at the
      following addresses (or at such other address for a party as will be
      specified by like notice):

	 	 	 	 
	 	If to the Assignor: 	If to the Assignee: 	If to Griffin: 

	 	950 - 1130 West Pender St. 	#1004 – 1708 Dolphin Ave
	LeFleur’s Gallery 
	 	Vancouver BC 	Kelowna BC 	P.O. Box 12274 
	 	V6E 4A4 	V1Y 9S4 	Jackson, MS, 39236 
	 	604.602.1633 ph 	250 717 0377 ph 	601.713.1146 ph 
	 	604.602.1625 fax 	250 717 0677 fax 	601.713.1175 fax
  

	11. 	
      This Assignment will be governed by and construed in
      accordance with the laws of the Province of British Columbia, Canada as
      applicable to contracts made and performed therein.

	 	 
	12. 	
      This Assignment may be executed in one or more
      counterparts, all of which will be considered one and the same Assignment
      and will become effective when one or mare counterparts have been signed
      by each of the parties and delivered to the other parties, it being
      understood that all parties need not sign the same counterpart.

	 	 
	13. 	
      This Agreement may be executed by delivery of executed
      signature pages by fax and such fax execution will be effective for all
      purposes.

	 	 
	14. 	
      Time is of essence in this
Assignment.

IN WITNESS WHEREOF the parties have executed this
Assignment as of the day and year first above written. 

	ASSIGNOR 	ASSIGNEE 
	 	 
	LEXARIA CORP. 	0743608 BC Ltd 
	 	 
	Per:                                                                                        
      	Per:                                                                                                   
	               
         Authorized Signatory 	           
             Authorized Signatory 
	 	 
	Name:  Bal Bhullar 	Name:  Chris Bunka 
	Title:    CFO, Director 	Title:    President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00178-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00178-of-00352.parquet"}]]