Common use of Assignment Price Clause in Contracts

Assignment Price. 4.1 Vanguard shall pay for the assignment of the Option by issuing to COASTAL a total of 2,000,000 common shares (the “Vanguard Shares”) of Vanguard and by assuming all of the obligations of COASTAL under the Maxore Agreement, including the obligation to make payments to Maxore as operator of the Property.

Assignment Price. 4.1 Vanguard shall pay for the assignment of the Option by issuing to COASTAL a total of 2,000,000 of4,000,000 common shares (the “Vanguard Shares”) and cash in amount of CAD $250,000.00payable to COASTAL or to the third party by COASTAL request in further consideration of Vanguard and by assuming all of the obligations of COASTAL under the Maxore Agreement, including the obligation to make payments to Maxore as operator of the Property.