Common use of Expense of Conducting Inventories Clause in Contracts

Expense of Conducting Inventories. A. The expense of conducting periodic inventories shall not be charged to the Joint Account unless agreed to by the Parties. B. The expense of conducting special inventories shall be charged to the Parties requesting such inventories, except inventories required due to change of Operator shall be charged to the Joint Accounting. Attached to and made a part of Joint Operating Agreement dated , 2007 by and between New Dominion, L.L.C. as “Operator”, and Scintilla, L.L.C., North Paradigm Partners, L.P., North Paradigm Partners II, L.P., North Paradigm Partners III-A, L.P., North Paradigm Partners III-B, L.P., the ▇▇▇▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇▇▇ ▇▇▇▇▇ Family Trust dated January 10, 2007, Waveland Drilling Partners ▇▇▇▇▇, ▇.▇., ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Partners 2006B, L.P., Waveland Drilling Partners 2007A, L.P., and CEU Paradigm, L.L.C. as “Non-Operators” Coverage Limits Commercial General Liability $ 500,000 Combined Single Limit Bodily Injury and Property Damage (Per Occurrence) $ 1,000,000 Policy Aggregate Pollution Liability $ 1,000,000 Per Occurrence $ 100,000 Per Well Aggregate Automobile Liability $ 500,000 Per Occurrence Employer’s Liability $ 100,000 Each Accident $ 100,000 Each Employee (Disease) and $ 100,000 Policy Limit (Disease) Excess Liability $ 1,000,000 Per Occurrence (Automobile Liability) per occurrence and Aggregate (Commercial General Liability) does not extend well Control or pollution liability. Well Control Liability $ 1,000,000 Per Occurrence and Aggregate Policy Terms, coverage forms, and internal limits of liability subject to change. Coverages described herein are subject to limitations and conditions present in forms provided by insurance carriers. Policies are on file for inspection at operator’s office by appointment. PARTIES SHALL HAVE THE RIGHT TO CARRY COMPARABLE INSURANCE AS OPERATOR AND NOT INCUR CHARGES TO THE JOINT ACCOUNT. Attached to and made a part of that certain Joint Operating Agreement dated January 1, 2004 by and between New Dominion, L.L.C. as “Operator” and Scintilla, L.L.C., North Paradigm Partners, L.P., North Paradigm Partners II, L.P., North Paradigm Partners III-A, L.P., North Paradigm Partners III-B, L.P., the ▇▇▇▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇▇▇ ▇▇▇▇▇ Family Trust dated January 10, 2007, Waveland Drilling Partners ▇▇▇▇▇, ▇.▇., ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Partners 2006B, L.P., Waveland Drilling Partners 2007A, L.P., and CEU Paradigm, L.L.C. as “Non-Operators”. There is no Exhibit “E” to this agreement. A. Equal Opportunity Clause (41 CFR 60-1.4). (Applicable only to contracts or purchase orders for more than $10,000.00) During the performance of this contract, the Operator agrees as follows: The Operator will not discriminate against any employee or applicant for employment because of race, color, religion, sex, or national origin. The Operator will take affirmative action to ensure that applicants are employed, and that employees are treated during employment, without regard to their race, color, religion, sex, or national origin. Such action shall include, but not be limited to the following: Employment, upgrading, demotion, or transfer, recruitment or recruitment advertising, layoff or terminations, including apprenticeship. The Operator agrees to post in conspicuous places, available to employees and applicants for employment, notices to be provided by the contracting officer setting forth the provisions of this nondiscrimination clause.