Document:

Exhibit 10.6

 

Weston Capital Quest Corporation

P. O.
Box 267175, Weston, FL 33326 Phone: 954
384-4092 Fax: 954 384-4567

 

AGREEMENT
FOR CONSULTING SERVICES

 

This
agreement is entered into this of November, 2007 by and between Rock Energy
Partners L.P. (hereinafter referred to as CLIENT) and Weston
Capital Quest Corporation (hereinafter referred to WCQ).  To simplify the language in this Agreement,
CLIENT also means any division, affiliate or principal of Rock Energy
Partners L.P. and/or Rocky Emery.

 

1.              CLIENT hereby
retains WCQ as their Consultant to:

 

a.              Assist CLIENT in identifying
a suitable OTC.BB corporation (hereinafter referred to as OTC.BB) for use as a
vehicle for going public. This can be in the form of merger, share exchange or
purchase.

 

b.              Review and assist CLIENT in
revising its business plan.

 

c.               Assist in locating potential
underwriters, market makers, and IR firms once the company has gone public.

 

2.              The term of
this agreement is for a period of twenty (24) months. WCQ shall be entitled to
the fees described in Section 4 below in the event CLIENT,  within 24
months from the expiration of this Agreement, consummates a  transaction
with any person or entity introduced to CLIENT by WCQ during  the term of
this Agreement.

 

3.              CLIENT agrees
to submit promptly all documentation reasonably requested  by WCQ, subject
to any limitation under securities or other applicable law,  such as
financial statements, documents of incorporation, IRS reports and  filings,
company history, legal issues, or any information pertaining to the  CLIENT.

 

4.              CLIENT agrees
to pay for WCQ services as follows:

 

a.              For finding an
OTC.BB acceptable to CLIENT, with Cash on hand of a  minimum of  $500,000. in the OTC.BB, the fee payable to
WCQ will be  $625,000.  A fee of $50,000. is
due and payable to WCQ upon signing this  agreement. This fee is not
refundable but will be credited towards the  $625,000. fee for the OTC.BB
or any other OTC.BB acceptable to the CLIENT.  The remainder of the fee due
WCQ totaling $575,000., is to be placed in  escrow, with WCQ’s attorney,
at the time of signing a Letter of Intent to merge,  acquire or exchange shares
with the OTC.BB, as applicable, and will be  disbursed to WCQ upon
signing a Merger, Purchase or Share Exchange  Agreement, as applicable,
between CLIENT and the OTC.BB. All fees are to  be paid by wire or Certified
Funds. In addition, Three Percent (3%) of the post  merger, fully diluted, and
outstanding stock will be issued to WCQ upon closing  the Merger, Acquisition or
Share Exchange agreement and such stock will have  anti-dilution rights for a
period of two (2) years.. In the event CLIENT, or its  successors,
elects to file a registration with the SEC 
following the closing of the  Merger, Acquisition or Share
Exchange agreement CLIENT hereby grants to  WCQ “piggyback “
registration rights on the shares of Common Stock to be  issued to WCQ
herein.

 

1

 

Shares
of stock in the new merged entity will not be issued until all fees are paid to
WCQ.

 

5.              Subsequent to the
Merger, the current Shareholders of the OTC.BB will retain  approximately
7%  of the fully diluted post merger
stock (to be negotiated between  CLIENT and Stockholders of
the public corporation), WCQ will be issued Three  Percent (3%) of the fully
diluted post merger shares outstanding under the terms  outlined in
item 4. a. above. CLIENT will be responsible for all fees relating to  the merger, any
subsequent public offering, including, but not limited to,  accounting,
legal, Underwriting, Blue Sky, stock exchange listings, investor  relations and
other required expenditures.

 

6.              CLIENT
understands that any offering will result in further dilution (issuance of
stock).

 

7.              The CLIENT
fully understands that WCQ are not Lenders, Brokers, Dealers,  Investment
Bankers, Underwriters, Securities Sales Agents in any form.  WCQ may not by
law, solicit the sale of any securities for any compensation  whatsoever.  WCQ is a financial consulting firm and not a
Broker/Dealer or  Underwriter.

 

8.              CLIENT
understands that WCQ makes no claims as to its ability to raise  money for
CLIENT and that all efforts to raise capital are on a reasonable  best efforts
basis.  Furthermore, CLIENT acknowledges
that WCQ has  advised CLIENT to make its own investigation
of any party introduced to  CLIENT by WCQ.  WCQ shall not be liable for any act or
omission of any  third party introduced to CLIENT by WCQ.

 

9.              CLIENT
understands that WCQ must rely upon the information supplied to  WCQ by its
members, managers, officers, directors, agents and employees.  Therefore, the
CLIENT agrees to defend, indemnify, hold harmless WCQ, its officers, directors,
agents and employees from and against any and all claims, losses, damages,
costs and expenses (including attorneys fees incurred in defending or
contesting any such claim) arising out of: (i) a breach of any of the
covenants, representations of CLIENT hereunder; and (ii) any inaccuracy or
incompleteness of any information supplied to WCQ by CLIENT; and (iii) any
breach by CLIENT of any state or federal securities, franchise or business
opportunity law; and (iv) any act or omission of CLIENT.

 

10.       CLIENT agrees to sign a NONDISCLOSURE AND
NONCIRCUMVENTION AGREEMENT with WCQ, a copy of which is attached hereto as Exhibit “A”.   CLIENT agrees to deal solely with and through
WCQ in dealing with any  potential merger partner, investor, lender,
investment banker, or other third  party introduced to CLIENT
by WCQ.

 

11.       CLIENT hereby represents and warrants as follows:

 

i.                  CLIENT is a Limited
Partnership, validly existing and in good standing in all states in which it
does business;

 

2

 

ii.               All facts, figures and other
information provided to WCQ by CLIENT are true and correct.

 

iii.            CLIENT will keep WCQ advised
of all dealings with third parties regarding any potential mergers, stock
issuance, or loans secured by CLIENT.

 

12.       This agreement shall be construed in accordance with
the laws of the State  of Florida.

 

13.       Any claim, controversy, dispute, or claim between
the parties arising out of  this Agreement shall be
resolved by binding arbitration in Broward County,  Florida in accordance with
the commercial rules of the American Arbitration  Association.  The prevailing party in any such arbitration
proceeding shall  be entitled to their costs, expenses and
attorneys fees incurred in  connection with such
arbitration proceeding.  Judgment on the
award of the  arbitrator shall be final and binding and may
be entered in any court having jurisdiction over the award.

 

It
is hereby agreed that the terms and conditions are satisfactory to all parties
and they set their hands and seal to this Agreement this 14th day of November, 2007.

 

 

	
  FOR:
  Rock Energy Partners L.P.

  	
  FOR:
  Weston Capital Quest Corporation

  
	
   

  	
   

  
	
   

  	
   

  
	
  /s/
  Rocky Emery

  	
   

  	
  /s/
  Joe Rotmil

  	
   

  
	
  Mr. Rocky
  Emery

  	
  Mr. Joe Rotmil

  
	
  CEO & Individually

  	
  President

  
				

 

3

 

Weston Capital Quest Corporation

P. O. Box 267175, Weston, FL 33326  
Phone: 954 384-4092  Fax: 954 384-4567

 

NON-DISCLOSURE AND
NON-CIRCUMVENTION AGREEMENT

 

It
is understood that a business relationship may be established between, Weston
Capital Quest Corporation, a Florida corporation, (hereinafter referred to as “WCQ”)
and Rock Energy Partners L.P. (hereinafter referred to as “Recipient”) and it
will be necessary for WCQ to furnish to Recipient certain confidential,
proprietary information which WCQ regards as valuable and confidential
(hereinafter the “Information”).

 

In
consideration of the foregoing, and in order to induce WCQ to furnish certain
Information to Recipient, Recipient agrees that it will use the Information
solely in connection with the contemplated business relationship and that it
will not disclose it to others, except employees and agents of Recipient who
are required by their duties to have knowledge thereof.  All employees and agents of Recipient who
have received any Information shall be instructed as to its confidential nature
and shall agree not to disclose the Information for any purpose not related to
the contemplated business relationship. The undersigned agrees to use at least
the same degree of care to avoid disclosure or use of such Information as they
employ with respect to their own proprietary, confidential information of like
importance.

 

Neither
Recipient nor any of its employees or agents will disclose any of the
Information to any person or entity without the prior written consent of WCQ,
except as required by applicable law or legal process, as to which Recipient
will give WCQ prompt notice and consult with WCQ on the advisability of seeking
a protective order or other means to preserve the confidential treatment of such
non-public Information required to be disclosed.

 

Recipient
agrees not to make any copies or reproduce in any manner whatsoever any or all
of the Information.

 

Recipient
agrees to indemnify and hold WCQ harmless from and against any and all losses,
damages, costs and expenses including, without limitation, any and all
reasonable fees and disbursements to legal counsel (whether incurred in
connection with suit, appeal or otherwise) paid, incurred or suffered by WCQ as
the result of, arising from or in connection with the breach or violation of
any of the covenants and agreements set forth herein.

 

Nothing
herein shall obligate either party to disclose to the other any Information,
and except as otherwise provided herein, nothing herein shall obligate either party
to enter into any other agreement or arrangement with the other.

 

At
the conclusion of the relationship, or earlier upon request of WCQ, Recipient
shall return to WCQ all documents, memoranda, notes and other writings
constituting the Information supplied and will not retain any copies, extracts
or other reproductions of such documents, in whole or in part.

 

Recipient
agrees that for a period of two (2) years from the date of this Agreement,
it will not, directly or indirectly, utilize the Information to the detriment
of WCQ.  In particular, but not in
limitation of the foregoing, Recipient shall not enter into any agreements or 

 

1

 

transactions
with any person or entity introduced to Recipient by WCQ, directly or
indirectly, without the prior written consent of WCQ.

 

Recipient
agrees not to circumvent, avoid or bypass WCQ, either directly or indirectly,
for the payment of fees, commissions or other benefit, either financially or
otherwise, from Information supplied to Recipient or individuals or business
entities introduced to Recipient by WCQ.

 

As
used in this Agreement, the term “Information” shall include but not be limited
to names, addresses, telephone numbers and contact information of potential lenders,
investors, investment bankers, and similar financial professionals, all
information processes, methods practices, fabrications, techniques, technical
plans, computer programs and related documentation, marketing plans, financial
information, copyright material and other written materials, and any other
compilations of information, in whatever form contained, which relate to the
proposed business relationship between WCQ and Recipient, which have not
otherwise been disclosed by WCQ to the general public, and which have been
delivered or otherwise disclosed to Recipient.

 

The
term “Information” shall not include information that:

 

(a) is part of the public domain prior to the
date of disclosure by WCQ to Recipient;

(b) becomes part of the public domain not due
to any unauthorized act by or omission of Recipient after the date of
disclosure by WCQ; or

(c) Recipient can demonstrate it had
independently developed or had knowledge prior to disclosure to it by WCQ.

 

Recipient
acknowledges and agrees that WCQ’s remedy at law for any breach under this
Agreement would be inadequate and therefore agrees and consents that temporary
and permanent injunctive relief may be granted in any proceeding which may be
brought to enforce any provision of this Agreement or any threatened breach
thereof, without the necessity of proof of inadequate remedy at law or actual
damage, and without being required to post a bond.  If the scope of any restriction contained in
this Agreement is too broad to permit enforcement of such restriction to its
full extent, then such restriction shall be enforced to the maximum extent
permitted by law, and the undersigned agrees that such scope may be judicially
modified accordingly in any proceeding brought to enforce such restriction.

 

Recipient’s
obligations under this Agreement shall survive the termination of the business
relationship, if any, between WCQ and Recipient, regardless of the manner of
such termination and shall be binding upon the Recipient and shall inure to the
benefit of WCQ, their heirs, personal representatives, successors and assigns.

 

No
failure or delay by WCQ in exercising any right, power, or privilege hereunder
shall operate as a waiver thereof, nor shall any single or partial exercise
thereof preclude any other or further exercise of any right, power or privilege
granted hereunder.

 

This
Agreement contains the complete and entire understanding of the parties with
regard to the subject matter hereof and supersedes all prior discussions,
proposals, agreements or understandings, either written or oral, between the
parties relating to the subject matter hereof.

 

2

 

This
Agreement shall be governed by the laws of the State of Florida.  Venue for any litigation between the parties
hereto with respect to the subject matter hereof shall be proper only in
Broward County, Florida.  The prevailing
party in any such litigation shall be entitled to reimbursement of its costs
and reasonable attorney’s fees incurred in connection with such litigation in
addition to any other relief to which it may be granted.

 

This
Agreement may not be amended except in writing signed by an authorized
representative of the respective parties.

 

This
Agreement may be executed in any number of counterparts, each of which shall be
an original, but all of which, taken together, shall constitute one and the
same agreement. Signed copies of this Agreement may be transmitted by facsimile
machine, and such signed copies transmitted via facsimile machine shall be
deemed as originals.

 

In
witness whereof, the parties have executed this Agreement as of the date
indicated below their respective signatures.

 

	
  Weston Capital Quest Corporation

  	
  Rock Energy Partners L.P.

  
	
  Joe Rotmil, President

  	
  Rocky Emery, CEO & Individually

  
	
   

  	
   

  
	
  By:

  	
  /s/ Joe Rotmil

  	
   

  	
  By:

  	
  /s/ Rocky Emery

  	
   

  
	
   

  	
   

  
	
  Date:

  	
  November 14, 2007

  	
   

  	
  Date:

  	
  November 14, 2007

  	
   

  
								

 

3

 

WESTON
CAPITAL QUEST CORPORATION

 

December 17, 2007

 

Rocky Emery

CEO

Rock Energy Partners, LP

 

Dear Rocky:

 

Weston Capital Quest
Corporation (WCQ) has agreed to remove the 2 year anti-dilution provision from
our Consulting agreement with Rock Energy Partners, LP dated November 14,
2007.

 

The remainder of our
agreement remains in full force as agreed.

 

 

	
  Very truly yours,

  	
   

  
	
   

  
	
   

  
	
  /s/ Joe Rotmil

  	
   

  
	
  Joe Rotmil

  	
   

  
	
   

  
	
  President

  
			

 

P.O. Box 267175, Weston, FL 33326 Tel: 954
384-4092  Fax:  954 384-4567 E-mail:  wcq@bellsouth.netExhibit 10.7

 

Capital Group, Inc.

Members NASD, SIPC                                        Investment
Bankers / Brokers                                            tcoffin@sourcegrp.com

 

 

W. Todd Coffin - Managing
Director

 

December 11, 2007

 

Mr. Rocky V. Emery — Chairman and
CEO

10375 Richmond

Suite 2100

Houston, TX 77042

 

Dear Mr. Emery:

 

The
purpose of this letter is to confirm the understanding and agreement (the “Agreement”)
between Source Capital Group, Inc., (“SCG”) and Rock Energy Partners and
the new company Rock Energy Resources and its affiliates (or the “Company”),
regarding the retention of SCG by the Company as its exclusive financial
advisor for the purposes set forth herein.

 

This
agreement supersedes all other agreements.

 

Under
this Agreement, SCG will provide financial advisory services to the Company as
follows:

 

A)          Raising of Capital. SCG shall use
its best efforts to provide up to but not limited to $175,000,000.00 financing
for the Company or acquisition of company stock.

 

B)            Fees, Commissions & Expenses. 
The Company agrees to pay the following fees to SCG for its services.

 

1.               SCG shall be compensated 8%
cash and 8% cashless warrants on any Equity monies raised (this includes
convertible preferred or convertible debt). 
SCG shall receive 4% cash fee and 2% cashless warrant coverage on any Debt
financing. The exercise price of the warrants shall be equal to the price of
the stock at the time of the sale and will be subject to adjustment in
accordance with the terms of any adjustment provided for in the Financing
document.  Said warrants shall be
exercisable for five (5) years from date of issuance. The terms of said
warrants shall include such piggyback registration rights, anti-dilution
rights, and “cashless” exercise provisions in the event of exercise by
SCG.  Such fees shall be paid at the
closing from an escrow account at the same time any new investment is dispersed
to the company.  The parties have agreed
to three carve out investors listed below whereby if those investors should
make a direct investment in Rock Energy Partners or the new company Rock Energy
Resources the compensation would be 4% cash and 4% cashless warrants on any
Equity monies raised (this includes convertible preferred or convertible
debt).  SCG shall receive

 

276 Post West ·  Westport, CT
06880    ·  203 341-3500 ·  800 882-2889 ·  Fax 203 341-3515

 

 

2% cash and 1% cashless warrants on any Debt
financing.  The warrants shall carry the
same terms as above.

 

Carve Out Investors:

 

a)              Ying Wang

 

b)             Macquarie Bank

 

c)              Trust Company of the West
(TCW)

 

2.               SCG will receive a $0
non-refundable, non-accountable retainer upon signing of this agreement.

 

3.               Expenses.  In addition to any fees that may be payable
to SCG under this Agreement, the Company agrees to reimburse SCG for its
reasonable out-of-pocket expenses incurred in connection with the services
rendered by SCG hereunder (including, without limitation, travel and lodging,
data and word processing, graphics and communication charges, research costs,
and courier services and fees). SCG will, on a monthly basis, provide the
Company with reasonable report regarding the expenses incurred.  Compensation for any additional professional
services (e.g. legal or consulting) contracted for by SCG, to be performed for
the benefit of the Company by outside parties, is the responsibility of the
Company and will be paid directly by the Company to such party.  SCG will not contract for such services
without the prior written approval of the Company with regard to both the
nature of the service and a reasonable estimate of the cost of such service.

 

4.               All cash payments under this
Agreement shall be made in U.S. dollars and without withholding or deduction of
any tax, assessment or other governmental charges unless required by law.  At closing any and all fees associated with
this transaction are to be settled. Fees and retainers should be made payable
and wired to:

 

Source
Capital Group, Inc.

Bank of
America

Westport, CT

ABA# 026009593

Acct# 93618 82644

 

C) Mergers, Acquisitions & Joint
Ventures (“MA&JV”).  The Company may
at its discretion and on a case-by-case basis engage SCG to assist it in its
discussions with potential MA&JV candidates, which may include directly
negotiating on the Company’s behalf and the rendering independent opinions as
to valuation and formulae, among other things. 
Upon SCG’s acceptance of any such assignment, the Company will pay SCG a
closing fee equal to 3.00% of the amount paid or received in kind (PIK) in any
transaction by and or between the Company, the MA&JV candidate and or the
surviving company (the “M&A Fee”). 
Any potential MA&JV candidate introduced by SCG with which the
Company enters into a letter of intent, will fall under the M&A
engagement.  This fee shall apply to any
strategic partnerships as well.

 

2

 

D)
Information.  The Company will
furnish or cause to be furnished to SCG, such information, as SCG believes
appropriate to its assignment (all such information so furnished being the “Information”).  The Company recognizes and confirms that SCG (a) will
use and rely primarily on the Information and on information available from
generally recognized public sources in performing the services contemplated by
this Agreement without having independently verified the same, (b) does
not assume responsibility for the accuracy or completeness of the Information
and such other information, (c) is entitled to rely upon the Information
without independent verification and (d) will not make an appraisal of any
assets in connection with its assignment

 

E)
Exclusivity.  The Company’s relationship
with SCG will be exclusive for 60 days upon signing of this agreement.  However, upon successful completion of $20
million aggregate gross financing within 100 days, SCG shall retain the “right
of first refusal” on any additional equity financing or debt financing within
18 months from the termination of the Agreement (“the Refusal Right Period”).  However, if the Company enters into a Firm
Commitment Engagement with an underwriter, then the Refusal Right Period will
automatically terminate.

 

F)
Confidentiality.  Except as
contemplated by the terms hereof or as required by applicable law or legal
process, SCG shall keep confidential all non-public information provided to it
by or at the request of the Company, and shall not disclose such information to
any third party or to any of its employees or advisors except to those persons
who have a need to know such information in connection with SCG’s performance
of its responsibilities hereunder.  The
Company understands that any documents, presentations or analyses prepared by
SCG are proprietary and SCG is under no obligation to provide (by e-mail,
floppy disk or otherwise) either the Company or its assigns with the computer
files of such work product.  Except as required
by applicable law, any advice to be provided by SCG under this Agreement shall
not be disclosed publicly or made available to third parties without the prior
written consent of SCG.  In addition, SCG
may not be otherwise publicly referred to without its prior written
consent.  All services, advice and
information and reports provided by SCG to the Company in connection with this
assignment shall be for the sole benefit of the Company and shall not be relied
upon by any other person.

 

G)
Indemnity.  The Company
acknowledges and agrees that SCG has been retained to act solely as financial
advisor to the Company.  In such
capacity, SCG shall act as an independent contractor, and any duties of SCG
arising out of its engagement pursuant to this Agreement shall be owed solely
to the Company.  The Company agrees to
indemnify SCG in accordance with the indemnification agreement attached as Exhibit A.

 

H)
Arbitration. Any and all disputes, demands, claims or controversies hereto
arising out of or relating to this agreement or the breach thereof, shall be
settled by binding arbitration in accordance with the rules of the
American Arbitration Association (“AAA”). The arbitration shall be conducted in
New York City under the rules of the AAA. 
Any judgment upon the award rendered by the arbitrator may be entered
into any court or administrative tribunal having jurisdiction thereof. Costs
associated with the arbitration, including reasonable attorney’s fees, shall be
borne by whichever parties the arbitrators shall deem just and fair.”

 

I)
Term & Termination.  The
term of SCG’s engagement hereunder shall extend from the date hereof through February 15,
2008 (the “Expiration Date”) and will be automatically renewed on a monthly
basis until canceled in writing by either party.  SCG’s engagement hereunder may be terminated
upon 10 days written notice without cause by either the Company or SCG at any
time before the Expiration Date. 
Notwithstanding the foregoing, the provisions relating to the payment of
fees and

 

3

 

expenses
accrued through the date of termination, the status of SCG as an independent
contractor and the limitation on to whom SCG shall owe any duties will survive
any such termination, and any such termination shall not affect the Company’s
obligations under the indemnification agreement.

 

SCG
will be entitled to the fees set forth above in the event that at any time
prior to the earlier of the termination of this letter and the expiration of
SCG’s engagement hereunder a Financing is consummated and the investor is on a
list of potential investors provided to the Company by SCG at the time of
termination or expiration and SCG had made efforts that led to an investment on
behalf of the Company with respect to such investor(s) prior to
termination or expiration, as appropriate. 
Further, in the event that a Financing or M&A transaction is
completed with an investor, on the list described above, with respect to which
SCG had made efforts that led directly to an investment or other substantive
effort before such termination or expiration, whichever is earlier, SCG will be
entitled to fees on those investors (but only for the amount purchased by such
investors) for a period of 18 months after the termination or expiration date,
as applicable, calculated in accordance with Section B of this Agreement.
On the termination or expiration date, as applicable, SCG will provide the
Company an updated Exhibit B for purposes of this paragraph. If a
term sheet is produced during the engagement period and SCG is terminated prior
to the Expiration Date than SCG shall be entitled to a 1% break-up fee of the
total amount of any financing.

 

J)
Rights of  First Refusal.  Upon successful completion of $20 million
financing, SCG shall retain the right of first refusal for any additional
financing.  If an investor introduced by
SCG participates in an equity financing, that investor will have the right of
first refusal on any future financings be it Equity or Debt.

 

K)
Advertisements.  The Company
acknowledges that SCG may, at its option and expense, place an announcement in
such newspapers and periodicals as it may choose, stating that SCG has acted as
the financial advisor to the Company. 
SCG agrees that the Company will have the right to approve the form of
such announcement.

 

This
Agreement (including the attached indemnification) embodies the entire
agreement and understanding between the parties hereto and supersedes all prior
agreements and understandings relating to the subject matter hereof.  If any provision of this Agreement is
determined to be invalid or unenforceable in any respect, such determination
will not affect such provision in any other respect, which will remain in full
force and effect.  No waiver, amendment
or other modification of this Agreement shall be effective unless in writing
and signed by each party to be bound thereby. 
This Agreement shall be governed by, and construed in accordance with,
the laws of the State of New York applicable to contracts executed in and to be
performed in that state.

 

This
Agreement sets forth the entire agreement with respect to the engagement of SCG
by the Company, including the fees and warrants payable as a result of such
engagement.

 

Please
confirm that the foregoing correctly sets forth our agreement by signing and
returning to SCG the duplicate copy of this Agreement, the indemnification
agreement attached hereto as Exhibit A.

 

4

 

	
  By:

  	
  /s/ Rocky V. Emery

  	
   

  	
  By:

  	
  /s/ Russ Newton

  	
   

  
	
  Mr. Rocky V. Emery

  	
  Russ Newton

  
	
  Rock Energy Partners

  	
  CFO

  
	
   

  	
  Source Capital Group

  

 

 

	
  By:

  	
  /s/ W. Todd
  Coffin

  	
   

  	
  By:

  	
  /s/
  William F. Butler

  	
   

  
	
  W.
  Todd Coffin

  	
  William
  F. Butler

  
	
  Managing
  Director

  	
  Managing
  Director

  
	
  Source
  Capital Group

  	
  Source
  Capital Group

  

 

 

This
Exhibit A is a part of and is
incorporated into that certain letter agreement, December 10, 2007 (the “Agreement”),
by and between Rock Energy Partners LLC a
                                  
LLC (State of Incorporation) and Source Capital Group, Inc. (the “Placement
Agent”). Capitalized terms used herein and not otherwise defined shall have the
respective meanings provided in the Agreement.

 

The
Company agrees to indemnify and hold harmless the Placement Agent, its
affiliates and each person controlling the Placement Agent and the Placement
Agent agrees to indemnify and hold harmless The Company (within the
meaning of Section 15 of the Securities Act), and the directors, officers,
agents and employees of the Placement Agent, its affiliates and each such
controlling person (the Placement Agent, and each such entity or person. an “Indemnified
Person”) from and against any losses, claims, damages, judgments, assessments,
costs and other liabilities (collectively, the “Liabilities”), and shall
reimburse each Indemnified Person for all fees and expenses (including the
reasonable fees and expenses of one counsel for all Indemnified Persons, except
as otherwise expressly provided herein) (collectively, the “Expenses”) as they
are incurred by an Indemnified Person in investigating, preparing, pursuing or
defending any claim, action, proceeding or investigation, whether or not any
Indemnified Person is a party thereto (collectively, the “Actions”), (i) caused
by, or arising out of or in connection with, any untrue statement or alleged
untrue statement of a material fact contained in any offering documents
prepared by the Company (including any amendments thereof and supplements
thereto) (the “Offer Documents”) or by any omission or alleged omission to
state therein a material fact necessary to make the statements therein, in
light of the circumstances under which they were made, not misleading (other
than untrue statements or alleged untrue statements in, or omissions or alleged
omissions from, information relating to an Indemnified Person furnished in
writing by or on behalf of such Indemnified Person expressly for use in the
Offer Documents) or (ii) otherwise arising out of or in connection with
advice or services rendered or to be rendered by any Indemnified Person
pursuant to the Agreement, the transactions contemplated thereby or any
Indemnified Person’s actions or inactions in connection with any such advice,
services or transactions; provided, however, that, in the case of clause
(ii) only, the Company shall not be responsible for any Liabilities or
Expenses of any Indemnified Person that have resulted primarily from such
Indemnified Person’s (x) gross negligence, bad faith or willful misconduct
in connection with any of the advice, actions, inactions or services referred
to above or (y) use of any offering materials or information concerning
the Company in connection with the offer or sale of the Securities in the
Transaction which were not authorized for such use by the Company and which use
constitutes negligence, bad faith or willful misconduct. The Company also
agrees to reimburse each Indemnified Person for all Expenses as they are
incurred in connection with enforcing such Indemnified Person’s rights under
the Agreement, which includes this Exhibit A.

 

Upon
receipt by an Indemnified Person of actual notice of an Action against such
Indemnified Person with respect to which indemnity may be sought under the
Agreement, such Indemnified Person shall promptly notify the Company in
writing; provided that failure by any Indemnified Person so to notify the
Company shall not relieve the Company from any liability which the Company may
have on account of this indemnity or otherwise to such Indemnified Person,
except to the extent the Company shall have been prejudiced by such failure.
The Company shall, if requested by the Placement Agent, assume the defense of
any such Action including the employment of counsel reasonably satisfactory to
the Placement Agent, which counsel may also be counsel to the Company. Any
Indemnified Person shall have the right to employ separate counsel in any such
action and participate in the defense thereof, but the fees and expenses of
such counsel shall be at the expense of such

 

5

 

Indemnified
Person unless: (i) the Company has failed promptly to assume the defense
and employ counsel or (ii) the named parties to any such Action (including
any impeded parties) include such Indemnified Person and the Company, and such
Indemnified Person shall have been advised in the reasonable opinion of counsel
that there is an actual conflict of interest that prevents the counsel selected
by the Company from representing both the Company (or another client of such
counsel) and any Indemnified Person; provided that the Company shall not in
such event be responsible hereunder for the fees and expenses of more than one
firm of separate counsel for all Indemnified Persons in connection with any
Action or related Actions, in addition to any local counsel. The Company shall
not be liable for any settlement of any Action effected without its written
consent (which shall not be unreasonably withheld). In addition, the Company
shall not, without the prior written consent of the Placement Agent (which
shall not be unreasonably withheld), settle, compromise or consent to the entry
of any judgment in or otherwise seek to terminate any pending or threatened
Action in respect of which indemnification or contribution may be sought
hereunder (whether or not such Indemnified Person is a party thereto) unless
such settlement, compromise, consent or termination includes an unconditional
release of each Indemnified Person from all Liabilities arising out of such
Action for which indemnification or contribution may be sought hereunder. The
indemnification required hereby shall be made by periodic payments of the
amount thereof during the course of the investigation or defense, as such
expense, loss, damage or liability is incurred and is due and payable.

 

In the event that the foregoing indemnity is unavailable to an
Indemnified Person other than in accordance with the Agreement, the Company
shall contribute to the Liabilities and Expenses paid or payable by such
Indemnified Person in such proportion as is appropriate to reflect (i) the
relative benefits to the Company, on the one hand, and to the Placement Agent
and any other Indemnified Person, on the other hand, of the matters
contemplated by the Agreement or (ii) if the allocation provided by the
immediately preceding clause is not permitted by applicable law, not only such
relative benefits but also the relative fault of the Company, on the one hand,
and the Placement Agent and any other Indemnified Person, on the other hand, in
connection with the matters as to which such Liabilities or Expenses relate, as
well as any other relevant equitable considerations; provided that in no event
shall the Company contribute less than the amount necessary to ensure that all
Indemnified Persons, in the aggregate, are not liable for any Liabilities and
Expenses in excess of the amount of fees actually received by the Placement
Agent pursuant to the Agreement. For purposes of this paragraph, the relative
benefits to the Company, on the one hand, and to the Placement Agent on the
other hand, of the matters contemplated by the Agreement shall be deemed to be
in the same proportion as (a) the total value paid or contemplated to be
paid to or received or contemplated to be received by the Company in the
transaction or transactions that are within the scope of the Agreement, whether
or not any such transaction is consummated, bears to (b) the fees paid to
the Placement Agent under the Agreement. Notwithstanding the above, no person
guilty of fraudulent misrepresentation within the meaning of Section 11(f) of
the Securities Act of 1933, as amended, shall be entitled to contribution from
a party who was not guilty of fraudulent misrepresentation.

 

The
Company also agrees that no Indemnified Person shall have any liability
(whether direct or indirect, in contract or tort or otherwise) to the Company
for or in connection with advice or services rendered or to be rendered by any
Indemnified Person pursuant to the Agreement, the transactions contemplated
thereby or any Indemnified Person’s actions or inactions in connection with any
such advice, services or transactions except for Liabilities (and related
Expenses) of the Company that have resulted primarily from such Indemnified
Person’s gross negligence, bad faith or willful misconduct in connection with
any such advice, actions, inactions or services.

 

The reimbursement, indemnity and contribution obligations of the
Company set forth herein shall apply to any modification of the Agreement and
shall remain in full force and effect regardless of any termination of, or the
completion of any Indemnified Person’s services under or in connection with,
the Agreement.

 

6

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