SDG&E NATURAL GAS PURCHASE AGREEMENT

Contract #

1. Nature of Service: Seller, Tiger, Inc., agrees to sell and Buyer, , agrees to purchase and receive natural gas to serve 100% of the gas requirements for location indicated in the form of guaranteed supply on a Firm basis.

2. Term: Term of this Agreement shall commence and become effective the date of this contract or date of first gas deliveries available thereafter for 12 months, with yearly renewals thereafter unless canceled by either party upon 60 days written notice prior to yearly renewal.

3. Quantity:Seller shall deliver or cause to be delivered to Buyer all natural gas requirements each month during the term including applicable LDC shrinkage.

4. Price: The sale price shall be NGI Bidweek Survey index for California SoCal plus $ per MMBtu, based on historical usage with option to trigger fixed price for a fixed volume. Shortage/surplus gas will be bought/sold and priced at Gas Daily SoCal absolute high/low during the delivery month, unless otherwise agreed to by both parties. Oral transactions shall be considered legally binding. A written Transaction Confirmation shall be executed by both parties after the oral transaction to confirm the parties agreed upon terms.

5. Delivery Point:. The point of delivery shall be SDG&E. Tiger shall be responsible to purchase and pay for the firm transportation and all other cost associated with the transportation rates for delivery to SDG&E.   Title to all gas shall pass from Seller to Buyer at the delivery point. SoCal FAR fees to be passed through to Buyer.

6. Quantity and Measurement: All gas shall be measured in accordance with currently acceptable industry standards and shall meet the quality and BTU specification of the transporting pipelines.

7. Warranty of Title: Seller warrants its title and right to sell all natural gas delivered here under and warrants that such gas shall be free and clear from liens and adverse claims and is in conformity with all valid laws, order, rules and regulations of duly constituted authorities having jurisdiction.

8. Billing and Payment: On or before the fifteenth (15th) of the month following each month of deliveries, Seller shall render to Buyer an invoice relating the total amount of gas sold hereunder during the preceding calendar month. Within fifteen days (15) of receipt of said invoice, Buyer shall render payment to Seller for the total amount of gas nominated (purchased) hereunder during the preceding calendar month. Interest shall be charged on the unpaid balance at the rate of 1.5% per month (18% annualized rate) from the due date until past due balance is received. If Buyer fails to pay thirty (30) days after payment is due, Seller, in addition to any other remedy it may have hereunder, may suspend further delivery of gas until such amount is paid in full.

9. Force Majeure: Neither party hereto shall be liable for any failure or performance due to causes beyond its reasonable control, the occurrence of which could not have been prevented by the exercise of due diligence, such as acts of God, acts of the other party, acts of civil or military authority, fires, strikes, floods, epidemics, war or riot.

10. Assignment: This contract may not be assigned without the written consent of both parties. Such consent shall not be unreasonably withheld or delayed.

11. Governing Laws: This contract shall be governed by the laws of the State of Oklahoma.

12.Taxes: The price shall include taxes imposed prior to the delivery point. All other taxes shall be passed through to Buyer unless Seller is supplied an appropriate city, state or federal certificate of tax-exemption.

13. Liability: Seller, TIGER, shall be liable for furnishing all gas requirements for Buyer on a firm basis (as outlined above), along with providing nomination data. During periods of gas system constraints, Buyer may be required to purchase/sell additional gas over their MDQ or baseload amount at then current market price and pass through to Buyer. Early termination damages may apply.

14. Facilities Information:

Address: Service Account Number
(Gas Account):
Service Meter Number
(Gas Account):
Attach a separate list with the complete Service Address and Service Phone Number for each Account. If you have additional accounts list them.

15. Notices: Written notices, confirmations, billing statements or other correspondence relating to this Agreement shall go to below:

Seller:
Tiger Inc.,
1422 E. 71st St. Suite J
Tulsa, OK 74136
BUYER Name:
Facility Address:
City, State, Zip, Country: , , ,
   
SELLER: Wire Transfer or ACH Numbers (if applicable):
BANK: BANK OF OKLAHOMA
ABA: 103900036
ACCT: 208357351
Other Details: For Credit to the Account of Tiger, Inc
BUYER Payments:
Attention:
Billing Address:
City, State, Zip, Country: , , ,
Email Invoices to:
 
 
SELLER: TIGER, INC.
Seller's signature: _________________________________
Printed Name: _________________________________
Official Title: _________________________________
Date: _________________________________
Buyer Name:
Buyer's signature:
Printed Name:
Official Title:
Date: day of , 20