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CONTRACT FOR SUPPLY OF CEMENTING EQUIPMENT AND SERVICESAMONG[ABC COMPANY limited]As ContractorandLION PETROLEUM CORPAs CompanyThis CONTRACT FOR PROVISION OF CEMENTING EQUIPMENT AND SERVICES (hereinafter the “Agreement”) is made on this ___________ day of [ ], 2014 by and between:1.LION PETROLEUM CORP?(incorporation number BC0945707), a corporation registered in Kenya through Certificate of Compliance with Section 366 of the Companies Act, Cap 486 Number CF/2011/ 53508 having its address at c/o?Axis Kenya, 2nd?Floor, Apollo Centre, Ring Road, Westlands, Nairobi, P.O Box 41968-00100 and incorporated under the laws of British Columbia Canada, whose registered office is Suite 2600, 1066 West Hasting Street, Vancouver, BC, V6E 3X1, Canada (the?“Company”,?which expression shall, unless repugnant to or inconsistent with the context, mean and include any successors or permitted assigns?)?of the?FIRST PART; and2.[ABC Co.] a company registered and existing under the laws of [______] with its address at [_______](hereinafter referred to as the “Contractor”, which expression shall, unless repugnant to or inconsistent with the context, mean and include any successors or permitted assigns) of the SECOND PART. Company and Contractor are hereinafter collectively referred to as the “Parties” and individually to as a “Party”.WHEREAS:Company has the right to conduct petroleum operations in Block 2B (the “Contract Area”) in Kenya (the “Country”).Company desires to carry out drilling operations in the Contract Area.As part of its drilling programme, Company requires cementing equipment and services and related equipment and personnel.Contractor represents that it has appropriate equipment in good working order and fully trained personnel capable of carrying out the required services in a good and workmanlike manner at the time, in the manner and in the location specified in this Agreement.NOW THEREFORE, in consideration of the foregoing and the respective covenants and agreements set
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