Exhibit 10.4
AMENDMENT TO THE
OPERATING AGREEMENT
OF
MAVERICK BASIN EXPLORATION, LLC
DATED JUNE 23, 2004
August 6, 2004
AMENDMENT TO THE
OPERATING AGREEMENT OF
MAVERICK BASIN EXPLORATION, LLC
THIS AMENDMENT to the Operating Agreement of MAVERICK BASIN
EXPLORATION, LLC, a Delaware Limited Liability Company, ("Operating Agreement")
is entered into and shall be effective this 6th day of August, 2004, among
Maverick Oil and Gas, Inc.("Maverick") (the "Class A Member"), Touchstone
Resources USA, Inc. ("Touchstone") (the "Class B Member"), and PHT Gas, LLC
("PHT") (the "Class C Member") (collectively the "Members").
W I T N E S S E T H:
WHEREAS, the Operating Agreement of Maverick Basin Exploration, LLC is
hereby amended to reflect the capital contribution scheduled of the Class A
Member as reflected on the schedule attached hereto.
NOW, THEREFORE, intending to be legally bound, the Members hereby
approve the amendment to the Operating Agreement. The Capital Contribution
Schedule of the Members of Maverick Basin Exploration LLC shall be amended to
reflect those percentages listed on Exhibit A, attached.
CLASS A MEMBER
MAVERICK OIL AND GAS, INC.
By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
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▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, President
[Signatures Continued on Following Page]
CLASS B MEMBER
TOUCHSTONE RESOURCES USA, INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇
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▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇, President
CLASS C MEMBER
PHT GAS, LCC
By: RMS ADVISORS, INC., Manager
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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▇▇▇▇▇▇ ▇. ▇▇▇▇▇, President