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<SEC-DOCUMENT>0001104659-07-004619.txt : 20070125
<SEC-HEADER>0001104659-07-004619.hdr.sgml : 20070125
<ACCEPTANCE-DATETIME>20070125173003
ACCESSION NUMBER:		0001104659-07-004619
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		10
CONFORMED PERIOD OF REPORT:	20070118
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20070125
DATE AS OF CHANGE:		20070125

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MV Oil Trust
		CENTRAL INDEX KEY:			0001371782
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				066554331
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33219
		FILM NUMBER:		07553974

	BUSINESS ADDRESS:	
		STREET 1:		700 LAVACA, 5TH FLOOR
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78701-3102
		BUSINESS PHONE:		(512) 479-2136

	MAIL ADDRESS:	
		STREET 1:		700 LAVACA, 5TH FLOOR
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78701-3102
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a07-2690_18k.htm
<DESCRIPTION>8-K
<TEXT>
<html>

<head>






</head>

<body lang="EN-US">

<div style="font-family:Times New Roman;">
 <div style="border:none;border-top:double windowtext 6.0pt;padding:0pt 0pt 0pt 0pt;"> <p style="border:none;margin:0pt 0pt .0001pt;padding:0pt;"><a name="scotch"></a><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p> </div>

<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">SECURITIES
AND EXCHANGE COMMISSION</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Washington, D.C. 20549</font></b></p>

<div style="line-height:9.0pt;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><hr size="1" width="160" noshade color="black" align="center" style="width:120.0pt;"></div>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">FORM 8-K</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">CURRENT
REPORT</font></b></p>

<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">Pursuant to Section 13 or 15(d) of the</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">Securities
Exchange Act of 1934</font></b></p>

<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">January
25, 2007 (January 18, 2007)</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Date of Report (Date of earliest
event reported)</font></b></p>

<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">MV OIL TRUST</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Exact name of Registrant as
specified in its charter)</font></p>

<div align="center">

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="31%" valign="top" style="padding:0pt .7pt 0pt .7pt;width:31.74%;">
  <p align="center" style="font-size:10.0pt;margin:0pt 0pt .0001pt;text-align:center;"><!-- SET mrlNoTableShading --><b>Delaware</b></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0pt .7pt 0pt .7pt;width:2.38%;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31%" valign="top" style="padding:0pt .7pt 0pt .7pt;width:31.74%;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">001-33219</font></b></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0pt .7pt 0pt .7pt;width:2.38%;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31%" valign="top" style="padding:0pt .7pt 0pt .7pt;width:31.74%;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">06-6554331</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="31%" valign="top" style="padding:0pt .7pt 0pt .7pt;width:31.74%;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(State or other
  jurisdiction</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0pt .7pt 0pt .7pt;width:2.38%;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31%" valign="top" style="padding:0pt .7pt 0pt .7pt;width:31.74%;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Commission</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0pt .7pt 0pt .7pt;width:2.38%;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31%" valign="top" style="padding:0pt .7pt 0pt .7pt;width:31.74%;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(IRS Employer</font></p>
  </td>
 </tr>
 <tr>
  <td width="31%" valign="top" style="padding:0pt .7pt 0pt .7pt;width:31.74%;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">of
  incorporation)</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0pt .7pt 0pt .7pt;width:2.38%;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31%" valign="top" style="padding:0pt .7pt 0pt .7pt;width:31.74%;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">File Number)</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0pt .7pt 0pt .7pt;width:2.38%;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31%" valign="top" style="padding:0pt .7pt 0pt .7pt;width:31.74%;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Identification
  Number)</font></p>
  </td>
 </tr>
</table>

</div>

<p style="line-height:1.0pt;margin:0pt 0pt 12.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">221
West Sixth Street, 1st Floor</font></b></p>

<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Austin,
Texas 78701</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Address
of principal executive offices)</font></p>

<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(800)
852-1422</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Registrant&#146;s
telephone number, including area code)</font></p>

<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:</font></p>

<p style="font-size:10.0pt;margin:0pt 0pt 12.0pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font>&nbsp;&nbsp;&nbsp;Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </p>

<p style="font-size:10.0pt;margin:0pt 0pt 12.0pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font>&nbsp;&nbsp;&nbsp;Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </p>

<p style="font-size:10.0pt;margin:0pt 0pt 12.0pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font>&nbsp;&nbsp;&nbsp;Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </p>

<p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font>&nbsp;&nbsp;&nbsp;Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) </p>


 <div style="border:none;border-bottom:double windowtext 6.0pt;padding:0pt 0pt 0pt 0pt;"> <p style="border:none;margin:0pt 0pt .0001pt;padding:0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p> </div>
</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item&nbsp;1.01</font></b><b><font style="font-weight:bold;">&#160;&#160; </font>Entry into a Material Definitive Agreement.</b></p>

<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;font-weight:bold;">General</font></i></b>.&#160; On January 18, 2007, MV Partners, LLC (&#147;MV
Partners&#148;) entered into an underwriting agreement (the &#147;Underwriting Agreement&#148;)
with MV Oil Trust (the &#147;Trust&#148;), MV Energy, LLC (&#147;MV Energy&#148;), VAP-I, LLC (&#147;VAP-I&#148;,
and together with MV Energy, the &#147;Selling Unitholders&#148;), and the underwriters
named therein (the &#147;Underwriters&#148;) providing for the offer and sale in a firm
commitment underwritten offering by MV Partners of 7,500,000 units of
beneficial interest in the Trust (&#147;Trust Units&#148;).&#160; Pursuant to the Underwriting Agreement, the
Selling Unitholders granted the Underwriters a 30-day option to purchase an
additional 1,125,000 Trust Units (the &#147;Option&#148;) to cover over-allotments, if
any, on the same terms as those Trust Units sold by MV Partners, which Option
was exercised in half by the Underwriters on January 22, 2007.</p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The transactions
contemplated by the Underwriting Agreement were consummated on January 24,
2007.&#160; The proceeds (net of underwriting
discounts) received by MV Partners (before expenses) from the sale of 7,500,000
Trust Units were approximately $139.5 million.&#160;
The Selling Unitholders received proceeds (net of underwriting discounts
and before expenses) of approximately $5.2 million each.&#160; The Trust received no proceeds from the sale
of the Trust Units.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">A copy of the
Underwriting Agreement is filed as Exhibit 1.1 to this Form 8-K and is
incorporated herein by reference.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;font-weight:bold;">Conveyance
of Net Profits Interest</font></i></b>.&#160;
On January 24, 2007, MV Partners and The Bank of New York Trust Company,
N.A., as trustee (the &#147;Trustee&#148;) of the Trust, not in its individual capacity
but solely as trustee of the Trust, entered into a Conveyance of Net Profits
Interest (the &#147;Conveyance&#148;) whereby, for good and valuable consideration,
including the issuance by the Trust to MV Partners of 11,500,000 Trust Units,
MV Partners transferred to the Trust a term net profits interest that
represents the right to receive 80% of the net proceeds from all of MV Partners&#146;
interests in oil and natural gas properties as of January 24, 2007, such
properties being located in the Mid-Continent region in the States of Kansas
and Colorado.&#160; The net profits interest
will terminate on the later to occur of (i) June 30, 2026, or (ii) the time
when 14.4 million barrels of oil equivalent have been produced from the
underlying properties and sold.</p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">A copy of the
Conveyance is filed as Exhibit 10.1 to this Form 8-K and is incorporated herein
by reference.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;font-weight:bold;">Administrative
Services Agreement</font></i></b>.&#160;
On January 24, 2007, MV Partners and the Trustee of the Trust, in its
capacity as trustee of the Trust, entered into an Administrative Services
Agreement (the &#147;Administrative Services Agreement&#148;) whereby, in connection with
the conveyance of the net profits interest by MV Partners to the Trust, MV
Partners agreed to provide the Trust with such accounting, bookkeeping and
informational services as are necessary to, among other things, establish a net
profits account under the Conveyance in exchange for an administrative services
fee to be paid to MV Partners on a quarterly basis.</p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">A copy of the
Administrative Services Agreement is filed as Exhibit 10.2 to this Form 8-K and
is incorporated herein by reference.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;font-weight:bold;">Assignment
of Hedge Proceeds</font></i></b>.&#160;
On January 24, 2007, MV Partners and the Trustee of the Trust, in its
capacity as trustee of the Trust, entered into an Assignment of Hedge Proceeds
(the &#147;Assignment of Hedge Proceeds&#148;) whereby MV Partners assigned to the Trust
all of its right and title to 80% of any and all proceeds arising as a result
of the settlement of the hedge and/or swap agreements to which MV Partners was
a party as of January 24, 2007.</p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">A copy of the
Assignment of Hedge Proceeds is filed as Exhibit 10.3 to this Form 8-K and is
incorporated herein by reference.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;font-weight:bold;">Registration
Rights Agreement</font></i></b>.&#160;
On January 24, 2007, MV Partners and the Trustee, in its capacity as
trustee of the Trust, entered into a Registration Rights Agreement (the &#147;Registration
Rights Agreement&#148;) whereby MV Partners, its affiliates and certain permitted
transferees holding registrable securities would be entitled, 180 days after
the effectiveness of the Registration Rights Agreement and upon receipt by the
Trustee of written notice from </p>


 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">holders of a majority of
the registrable securities, to demand that the Trust effect the registration of
the registrable securities under the Securities Act of 1933, as amended (the &#147;Securities
Act&#148;).&#160; The holders of the registrable
securities would be entitled to demand a maximum of three such registrations.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">A copy of the
Registration Rights Agreement is filed as Exhibit 4.1 to this Form 8-K and is
incorporated herein by reference.</font></p>

<p style="margin:0pt 0pt 12.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item
5.03&#160;&#160; Amendments to Articles of
Incorporation or Bylaws; Change in Fiscal Year.</font></b></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">On January 24,
2007, MV Partners, Wilmington Trust Company, as Delaware trustee of the Trust,
and the Trustee entered into an Amended and Restated Trust Agreement (the &#147;Amended
and Restated Trust Agreement&#148;) in connection with the closing of the initial
public offering of the Trust Units.&#160; A
description of the Amended and Restated Trust Agreement is contained in the
section entitled &#147;Description of the Trust Agreement&#148; of the Trust&#146;s final
prospectus dated January 19, 2007 (File No. 333-136609) and filed on January
19, 2007 with the Commission pursuant to Rule 424(b)(4) under the Securities
Act and is incorporated herein by reference.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">A copy of the
Amended and Restated Trust Agreement as adopted is filed as Exhibit 3.1 to this
Form 8-K and is incorporated herein by reference.</font></p>

<p style="margin:0pt 0pt 12.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 8.01&#160; &#160;Other Events.</font></b></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">An opinion by
Dorsey &amp; Whitney (Delaware) LLP related to our registration statement on
Form S-1 (Registration No. <br>
333-136609) and the offering is also attached hereto as Exhibit 5.1.</font></p>

<p style="margin:0pt 0pt 12.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 9.01.&#160; &#160;Financial Statements and Other Exhibits</font></b></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:25.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c) Exhibits</font></p>

<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;font-family:Times New Roman;margin-left:25.0pt;">
 <tr style="page-break-inside:avoid;">
  <td width="59" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:44.0pt;">
  <p align="left" style="font-size:8.0pt;font-weight:bold;line-height:8.0pt;margin:0pt 0pt .0001pt;text-align:left;"><!-- SET mrlHTMLTableLeft --><!-- SET mrlNoTableShading -->Exhibit&nbsp;No.</p>
  </td>
  <td width="11" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:8.4pt;">
  <p style="font-weight:bold;line-height:8.0pt;margin:0pt 0pt .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="568" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:426.3pt;">
  <p style="font-weight:bold;line-height:8.0pt;margin:0pt 0pt .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">Description</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="59" valign="top" style="border:none;padding:0pt .7pt 0pt 0pt;width:44.0pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="11" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="568" valign="top" style="border:none;padding:0pt .7pt 0pt 0pt;width:426.3pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="59" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.0pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1.1</font></p>
  </td>
  <td width="11" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="568" valign="top" style="padding:0pt .7pt 0pt 0pt;width:426.3pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Underwriting Agreement dated as of January 18, 2007,
  by and between MV Oil Trust, MV Partners, LLC, MV Energy, LLC, VAP-I, LLC and
  the underwriters named therein.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="59" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.0pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="11" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="568" valign="top" style="padding:0pt .7pt 0pt 0pt;width:426.3pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="59" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.0pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.1</font></p>
  </td>
  <td width="11" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="568" valign="top" style="padding:0pt .7pt 0pt 0pt;width:426.3pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Amended and Restated Trust Agreement of MV Oil
  Trust, dated January 24, 2007, among MV Partners, LLC, The Bank of New York
  Trust Company, N.A. and Wilmington Trust Company.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="59" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.0pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="11" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="568" valign="top" style="padding:0pt .7pt 0pt 0pt;width:426.3pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="59" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.0pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4.1</font></p>
  </td>
  <td width="11" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="568" valign="top" style="padding:0pt .7pt 0pt 0pt;width:426.3pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Registration Rights Agreement, dated January 24,
  2007, by and between MV Partners, LLC and The Bank of New York Trust Company,
  N.A. as Trustee of MV Oil Trust.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="59" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.0pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="11" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="568" valign="top" style="padding:0pt .7pt 0pt 0pt;width:426.3pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="59" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.0pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.1</font></p>
  </td>
  <td width="11" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="568" valign="top" style="padding:0pt .7pt 0pt 0pt;width:426.3pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Opinion Letter of Dorsey &amp; Whitney (Delaware)
  LLP.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="59" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.0pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="11" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="568" valign="top" style="padding:0pt .7pt 0pt 0pt;width:426.3pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="59" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.0pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.1</font></p>
  </td>
  <td width="11" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="568" valign="top" style="padding:0pt .7pt 0pt 0pt;width:426.3pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Conveyance of Net Profits Interest, dated January
  24, 2007, from MV Partners, LLC to The Bank of New York Trust Company, N.A.,
  as Trustee of MV Oil Trust.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="59" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.0pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="11" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="568" valign="top" style="padding:0pt .7pt 0pt 0pt;width:426.3pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="59" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.0pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.2</font></p>
  </td>
  <td width="11" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="568" valign="top" style="padding:0pt .7pt 0pt 0pt;width:426.3pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Administrative Services Agreement, dated January 24,
  2007, by and between MV Partners, LLC and The Bank of New York Trust Company,
  N.A. as Trustee of MV Oil Trust.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="59" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.0pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="11" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="568" valign="top" style="padding:0pt .7pt 0pt 0pt;width:426.3pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="59" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.0pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.3</font></p>
  </td>
  <td width="11" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="568" valign="top" style="padding:0pt .7pt 0pt 0pt;width:426.3pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Assignment of Hedge Proceeds, dated January 24,
  2007, between MV Partners, LLC and The Bank of New York Trust Company, N.A.
  as Trustee of MV Oil Trust.</font></p>
  </td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0pt 0pt 12.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>


 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SIGNATURES</font></u></b></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Pursuant to the
requirements of the Securities Exchange Act of 1934, as amended, the Registrant
has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;font-family:Times New Roman;width:100.0%;">
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.98%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="53%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:53.02%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><!-- SET mrlNoTableShading --><b>MV OIL TRUST</b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.98%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="53%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:53.02%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Registrant)</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.98%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="53%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:53.02%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.98%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.9%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By: </font></p>
  </td>
  <td width="46%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.12%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Bank of New York Trust Company, N.A.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.98%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.9%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="46%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.12%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">as Trustee</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.98%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.9%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="46%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.12%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.98%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.9%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="28%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:28.9%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Mike J. Ulrich</font></p>
  </td>
  <td width="17%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:17.22%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.98%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.9%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="46%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.12%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Mike J. Ulrich</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.98%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.9%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="46%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.12%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Vice President</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.98%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.9%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="46%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.12%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.98%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Dated: January
  25, 2007</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.9%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="46%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.12%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table>


 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">EXHIBIT
INDEX</font></b></p>

<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;font-family:Times New Roman;margin-left:25.0pt;">
 <tr style="page-break-inside:avoid;">
  <td width="62" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:46.4pt;">
  <p align="left" style="font-size:8.0pt;font-weight:bold;line-height:8.0pt;margin:0pt 0pt .0001pt;text-align:left;"><!-- SET mrlHTMLTableLeft --><!-- SET mrlNoTableShading -->Exhibit&nbsp;No.</p>
  </td>
  <td width="10" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:7.2pt;">
  <p style="font-weight:bold;line-height:8.0pt;margin:0pt 0pt .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="567" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:425.1pt;">
  <p style="font-weight:bold;line-height:8.0pt;margin:0pt 0pt .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">Description</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="62" valign="top" style="border:none;padding:0pt .7pt 0pt 0pt;width:46.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="10" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.2pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="567" valign="top" style="border:none;padding:0pt .7pt 0pt 0pt;width:425.1pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="62" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1.1</font></p>
  </td>
  <td width="10" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.2pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="567" valign="top" style="padding:0pt .7pt 0pt 0pt;width:425.1pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Underwriting Agreement dated as of January 18, 2007,
  by and between MV Oil Trust, MV Partners, LLC, MV Energy, LLC, VAP-I, LLC and
  the underwriters named therein.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="62" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="10" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.2pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="567" valign="top" style="padding:0pt .7pt 0pt 0pt;width:425.1pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="62" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.1</font></p>
  </td>
  <td width="10" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.2pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="567" valign="top" style="padding:0pt .7pt 0pt 0pt;width:425.1pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Amended and Restated Trust Agreement of MV Oil
  Trust, dated January 24, 2007, among MV Partners, LLC, The Bank of New York
  Trust Company, N.A. and Wilmington Trust Company.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="62" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="10" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.2pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="567" valign="top" style="padding:0pt .7pt 0pt 0pt;width:425.1pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="62" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4.1</font></p>
  </td>
  <td width="10" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.2pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="567" valign="top" style="padding:0pt .7pt 0pt 0pt;width:425.1pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Registration Rights Agreement, dated January 24,
  2007, by and between MV Partners, LLC and The Bank of New York Trust Company,
  N.A. as Trustee of MV Oil Trust.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="62" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="10" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.2pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="567" valign="top" style="padding:0pt .7pt 0pt 0pt;width:425.1pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="62" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.1</font></p>
  </td>
  <td width="10" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.2pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="567" valign="top" style="padding:0pt .7pt 0pt 0pt;width:425.1pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Opinion Letter of Dorsey &amp; Whitney (Delaware)
  LLP.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="62" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="10" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.2pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="567" valign="top" style="padding:0pt .7pt 0pt 0pt;width:425.1pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="62" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.1</font></p>
  </td>
  <td width="10" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.2pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="567" valign="top" style="padding:0pt .7pt 0pt 0pt;width:425.1pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Conveyance of Net Profits Interest, dated January
  24, 2007, from MV Partners, LLC to The Bank of New York Trust Company, N.A.,
  as Trustee of MV Oil Trust.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="62" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="10" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.2pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="567" valign="top" style="padding:0pt .7pt 0pt 0pt;width:425.1pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="62" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.2</font></p>
  </td>
  <td width="10" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.2pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="567" valign="top" style="padding:0pt .7pt 0pt 0pt;width:425.1pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Administrative Services Agreement, dated January 24,
  2007, by and between MV Partners, LLC and The Bank of New York Trust Company,
  N.A. as Trustee of MV Oil Trust.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="62" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="10" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.2pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="567" valign="top" style="padding:0pt .7pt 0pt 0pt;width:425.1pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="62" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.4pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.3</font></p>
  </td>
  <td width="10" valign="top" style="padding:0pt .7pt 0pt 0pt;width:7.2pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="567" valign="top" style="padding:0pt .7pt 0pt 0pt;width:425.1pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Assignment of Hedge Proceeds, dated January 24,
  2007, between MV Partners, LLC and The Bank of New York Trust Company, N.A.
  as Trustee of MV Oil Trust.</font></p>
  </td>
 </tr>
</table>

<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>


 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5</font></p>
</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p align="right" style="margin:0pt 0pt 12.0pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Exhibit 1.1</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">7,500,000
Trust Units</font></b></p>

<p align="center" style="margin:0pt 0pt 24.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">MV OIL
TRUST</font></b></p>

<p align="center" style="margin:0pt 0pt 24.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">UNDERWRITING
AGREEMENT</font></b></p>

<p align="right" style="margin:0pt 0pt 12.0pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">St. Petersburg, Florida<br>
January 18, 2007</font></p>

<p align="left" style="margin:0pt 0pt .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Raymond James &amp; Associates, Inc.</font></p>

<p align="left" style="margin:0pt 0pt .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">As Representative of the Several Underwriters</font></p>

<p align="left" style="margin:0pt 0pt .0001pt;text-align:left;text-indent:15.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">listed on Schedule I hereto</font></p>

<p align="left" style="margin:0pt 0pt .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">880 Carillon Parkway</font></p>

<p align="left" style="margin:0pt 0pt 12.0pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">St. Petersburg, Florida
33716</font></p>

<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Ladies and Gentlemen:</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV Partners, LLC, a Kansas limited liability company
(the &#147;Company&#148;), proposes, subject to the terms and conditions stated herein,
to sell to the several Underwriters named in Schedule I hereto (the &#147;Underwriters&#148;),
an aggregate of 7,500,000 units of beneficial interest (the &#147;Trust Units&#148;) in
MV Oil Trust, a statutory trust formed under the laws of the State of Delaware
(the &#147;Trust&#148;).&#160; The aggregate of
7,500,000 Trust Units to be purchased from the Company are called the &#147;Firm
Units.&#148;&#160; In addition, certain unitholders
named in Schedule II hereto (the &#147;Selling Unitholders&#148;), severally and not
jointly, have agreed to sell to the Underwriters, upon the terms and conditions
stated herein, up to an additional 1,125,000 Trust Units (the &#147;Additional Units&#148;)
to cover over-allotments by the Underwriters, if any.&#160; The Firm Units and the Additional Units are
collectively referred to in this Agreement as the &#147;Units.&#148;&#160; Raymond James &amp; Associates, Inc. is
acting as the representative of the several Underwriters and in such capacity
is referred to in this Agreement as the &#147;Representative.&#148;</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Company wishes to confirm as follows its agreement
with you and the other several Underwriters, on whose behalf you are acting, in
connection with the several purchases of the Units from the Company.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Registration
Statement and Prospectus</u>.&#160; The Trust
and the Company have prepared and filed with the Securities and Exchange
Commission (the &#147;Commission&#148;) in accordance with the provisions of the Securities
Act of 1933, as amended, and the rules and regulations of the Commission
thereunder (collectively, the &#147;Act&#148;), a registration statement on Form S-1
(File No. 333-136609), including a prospectus subject to completion, relating
to the Units.&#160; Such registration
statement, as amended, including the financial statements, exhibits, annexes
and schedules thereto, at the time when it becomes effective and as thereafter
amended by any post-effective amendment, is referred to in this Agreement as
the &#147;Registration Statement.&#148;&#160; The
prospectus in the form included in the Registration Statement or, if the
prospectus included in the Registration Statement omits certain information in
reliance upon Rule 430A under the Act and such information is thereafter
included in a prospectus filed with the Commission pursuant to Rule 424(b)
under the Act or as part of a post-effective amendment</p>


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<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to the Registration Statement after the Registration
Statement becomes effective, the prospectus as so filed, is referred to in this
Agreement as the &#147;Prospectus.&#148;&#160; If the
Company files another registration statement with the Commission to register a
portion of the Units pursuant to Rule 462(b) under the Act (the &#147;Rule 462
Registration Statement&#148;), then any reference to &#147;Registration Statement&#148; herein
shall be deemed to include the registration statement on Form S-1 (File No.
333-136609) and the Rule 462 Registration Statement, as each such registration
statement may be amended pursuant to the Act.&#160;
The prospectus subject to completion dated January 2, 2006 in the form
included in the Registration Statement is referred to in this Agreement as the &#147;Preliminary
Prospectus.&#148;&#160; For purposes of this
Agreement, &#147;free writing prospectus&#148; has the meaning ascribed to it in Rule 405
under the Act, and &#147;Issuer Free Writing Prospectus&#148; shall mean each free
writing prospectus prepared by or on behalf of the Company or the Trust or used
or referred to by the Company or the Trust in connection with the offering of
the Units.&#160; &#147;Time of Sale Information&#148;
shall mean the Preliminary Prospectus together with the free writing
prospectuses, if any, each identified in Schedule III hereto as being included
in the Time of Sale Information, and the information set out in Schedule IV
hereto.&#160; All references in this Agreement
to the Registration Statement, the Rule 462 Registration Statement, the
Preliminary Prospectus, the Prospectus or the Time of Sale Information, or any
amendments or supplements to any of the foregoing, shall be deemed to refer to
and include any documents incorporated by reference therein, and shall include
any copy thereof filed with the Commission pursuant to its Electronic Data
Gathering, Analysis and Retrieval System (&#147;EDGAR&#148;).&#160; &#147;Effective Date&#148; means each date and time as
of which any Registration Statement was or is declared effective by the
Commission.&#160; &#147;Time of Sale&#148; means 9:30
a.m., St. Petersburg, Florida time, on January 19, 2007.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Agreements to Sell
and Purchase</u>.&#160; The Company hereby
agrees to sell the Firm Units to the Underwriters and, upon the basis of the
representations, warranties and agreements of the Company herein contained and
subject to all the terms and conditions set forth herein, each Underwriter
agrees, severally and not jointly, to purchase from the Company at a purchase
price of $18.70 per Unit (the &#147;purchase price per Unit&#148;), the number of Firm
Units set forth opposite the name of such Underwriter in Schedule I hereto.</p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Each Selling Unitholder hereby agrees, severally and
not jointly, to sell to the Underwriters, and, upon the basis of the
representations, warranties and agreements of each such Selling Unitholder
herein contained and subject to all the terms and conditions set forth herein,
the Underwriters shall have the right for 30 days from the date of the
Prospectus to purchase from each Selling Unitholder at the purchase price per
Unit up to that number of Additional Units set forth opposite the name of such
Selling Unitholder in Schedule II hereto.&#160;
The purchase and sale of the Additional Units shall be made pro rata
among the Selling Unitholders.&#160; The
Additional Units may be purchased solely for the purpose of covering
over-allotments, if any, made in connection with the offering of the Firm
Units.&#160; If any Additional Units are to be
purchased, each Underwriter, severally and not jointly, agrees to purchase the
number of Additional Units (subject to such adjustments as you may determine to
avoid fractional units) that bears the same proportion to the total number of
Additional Units to be purchased by the Underwriters as the number of Firm
Units set forth opposite the name of such Underwriter in Schedule I hereto
bears to the total number of Firm Units.&#160;
The option to purchase Additional Units may be exercised at any time
within 30 days after the date of the Prospectus, but no more than once.</font></p>


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<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Terms of Public
Offering</u>.&#160; The Company has been
advised by you that the Underwriters propose to make a public offering of their
respective portions of the Units as soon after the Registration Statement and
this Agreement have become effective as in your judgment is advisable and
initially to offer the Units upon the terms set forth in the Prospectus.</p>

<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Not later than 12:00 p.m. on the second business day
following the date the Units are released by the Underwriters for sale to the
public, the Company shall deliver or cause to be delivered copies of the
Prospectus in such quantities and at such places as the Representative shall
reasonably request.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Delivery of the
Units and Payment Therefor</u>.&#160; Delivery
to the Underwriters of the Firm Units and payment therefor shall be made at the
offices of Baker Botts L.L.P., 910 Louisiana, Houston, Texas at 10:00 a.m., St.
Petersburg, Florida time, on January 24, 2006 or such other place, time and
date not later than 1:30 p.m., St. Petersburg, Florida time, on February 7,
2006 as the Representative shall designate by notice to the Company (the time
and date of such closing are called the &#147;Closing Date&#148;).&#160; The place of closing for the Firm Units and
the Closing Date may be varied by agreement between the Representative and the
Company.&#160; The Company hereby acknowledges
that circumstances under which the Representative may provide notice to
postpone the Closing Date as originally scheduled include any determination by
the Company or the Representative to recirculate to the public copies of an
amended or supplemented Prospectus or a delay as contemplated by the provisions
of Section 11 hereof.</p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Delivery to the Underwriters of and payment for any
Additional Units to be purchased by the Underwriters shall be made at the
offices of Baker Botts, L.L.P., 910 Louisiana, Houston, Texas at 10:00 a.m.,
St. Petersburg, Florida time, on such date or dates (the &#147;Additional Closing
Date&#148;) (which may be the same as the Closing Date, but shall in no event be
earlier than the Closing Date nor earlier than three nor later than ten
business days after the giving of the notice hereinafter referred to) as shall
be specified in a written notice, from the Representative on behalf of the
Underwriters to the Selling Unitholders, of the Underwriters&#146; determination to
purchase a number, specified in such notice, of Additional Units.&#160; Such notice may be given at any time within
30 days after the date of the Prospectus and must set forth (i) the aggregate
number of Additional Units as to which the Underwriters are exercising the
option and (ii) the names and denominations in which the certificates for which
the Additional Units are to be registered.&#160;
The place of closing for the Additional Units and the Additional Closing
Date may be varied by agreement between the Representative and the Selling
Unitholders.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Delivery of the Firm Units and of any Additional Units
to be purchased hereunder shall be made through the facilities of The
Depository Trust Company (&#147;DTC&#148;) against payment of the purchase price
therefore by wire transfer of immediately available funds to an account or
accounts specified in writing, not later than the close of business on the
business day next preceding the Closing Date or the Additional Closing Date, as
the case may be, by the Company or the Selling Unitholders, as the case may
be.&#160; Payment for the Firm Units sold by
the Company hereunder shall be delivered by the Representative to the
Company.&#160; Payment for the Additional
Units sold by the Selling Unitholders hereunder, if any, shall be delivered by
the Representative to the Selling Unitholders.</font></p>


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<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">It is understood that the Representative has been
authorized, for its own account and the accounts of the several Underwriters,
to accept delivery of and receipt for, and make payment of the purchase price
per Unit for the Firm Units and the Additional Units, if any, that the
Underwriters have agreed to purchase.&#160;
Raymond James and Associates, Inc., individually and not as
Representative of the Underwriters, may, but shall not be obligated to, make
payment for any Units to be purchased by any Underwriter whose funds shall not
have been received by the Representative by the Closing Date or the Additional
Closing Date, as the case may be, for the account of such Underwriter, but any
such payment shall not relieve such Underwriter from any of its obligations
under this Agreement.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Each of the Company and the Selling Unitholders hereby
agrees that it will pay all stock transfer taxes, stamp duties and other
similar taxes, if any, payable upon the sale or delivery of the Units to be
sold by the Company or the Selling Unitholders, respectively, to the several
Underwriters, or otherwise in connection with the performance of the Company&#146;s
or such Selling Unitholder&#146;s respective obligations hereunder.</font></p>

<h1 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Covenants
and Agreements</u>.</h1>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Of the Company</u>.&#160; The Company covenants and agrees with the
several Underwriters as follows:</p>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company will use
its best efforts to cause the Registration Statement and any amendments thereto
to become effective, if it has not already become effective, and will advise
you promptly and, if requested by you, will confirm such advice in writing (i)
when the Registration Statement has become effective and the time and date of
any filing of any post-effective Registration Statement or any amendment or
supplement to any Preliminary Prospectus or the Prospectus and the time and
date that any post-effective amendment to the Registration Statement becomes
effective, (ii) if Rule 430A under the Act is employed, when the Prospectus has
been timely filed pursuant to Rule 424(b) under the Act, (iii) of the receipt
of any comments of the Commission, or any request by the Commission for
amendments or supplements to the Registration Statement, any Preliminary
Prospectus or the Prospectus or for additional information, (iv) of the
issuance by the Commission of any stop order suspending the effectiveness of
the Registration Statement or of the suspension of qualification of the Units
for offering or sale in any jurisdiction or the initiation of any proceeding
for such purposes and (v) within the period of time referred to in Section
5.1(h) below, of any change in the Company&#146;s condition (financial or other),
business, prospects, properties, net worth or results of operations, or of any
event that comes to the attention of the Company that makes any statement made
in the Registration Statement or the Prospectus (as then amended or
supplemented) untrue in any material respect or that requires the making of any
additions thereto or changes therein in order to make the statements therein
(in the case of the Prospectus, in the light of the circumstances under which
they were made) not misleading in any material respect, or of the necessity to
amend or supplement the Prospectus (as then amended or supplemented) to comply
with the Act or any other applicable law.&#160;
If at any time the Commission shall issue any stop order suspending the
effectiveness of the Registration Statement, the Company will make every
reasonable effort to obtain the withdrawal or lifting of such order at the
earliest possible time.&#160; The Company will
provide the Underwriters with copies of the form of Prospectus, in such number
as the Underwriters may reasonably request, and file with the Commission such
Prospectus in</h2>


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<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">accordance with Rule 424(b) of the Act before
the close of business on the first business day immediately following the date
hereof.</font></h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company will
furnish to you, without charge, two signed duplicate originals of the
Registration Statement as originally filed with the Commission and of each
amendment thereto, including financial statements and all exhibits thereto, and
will also furnish to you, without charge, such number of conformed copies of
the Registration Statement as originally filed and of each amendment thereto as
you may reasonably request.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company will
promptly file with the Commission any amendment or supplement to the
Registration Statement or the Prospectus that may, in the judgment of the
Company or the Representatives be required by the Act or requested by the
Commission.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company will
furnish a copy of any amendment or supplement to the Registration Statement or
to the Prospectus or any Issuer Free Writing Prospectus to the Representative
and counsel for the Underwriters and obtain your consent prior to filing any of
those with the Commission, which consent shall not be unreasonably withheld or
delayed.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company will not
make any offer relating to the Units that would constitute an Issuer Free
Writing Prospectus without your prior consent, which consent shall not be
unreasonably withheld or delayed.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(f)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company will
retain in accordance with the Act all Issuer Free Writing Prospectuses not
required to be filed pursuant to the Act; and if at any time after the date hereof
any events shall have occurred as a result of which any Issuer Free Writing
Prospectus, as then amended or supplemented, would conflict with the
information in the Registration Statement, the Preliminary Prospectus or the
Prospectus or would include an untrue statement of a material fact or omit to
state any material fact necessary in order to make the statements therein, in
the light of the circumstances under which they were made, not misleading, or,
if for any other reason it shall be necessary to amend or supplement any Issuer
Free Writing Prospectus, to notify you and, upon your request, to file such
document (if required to be filed pursuant to the Act) and to prepare and
furnish without charge to each Underwriter as many copies as they may from time
to time reasonably request of an amended or supplemented Issuer Free Writing
Prospectus that will correct such conflict, statement or omission or effect
such compliance.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(g)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Prior to the execution
and delivery of this Agreement, the Company has delivered or will deliver to
you, without charge, in such quantities as you have requested or may hereafter
reasonably request, copies of each form of the Preliminary Prospectus.&#160; Consistent with the provisions of Section 5.1(h)
hereof, the Company consents to the use, in accordance with the provisions of
the Act and with the securities or Blue Sky laws of the jurisdictions in which
the Units are offered by the several Underwriters and by dealers, prior to the
date of the Prospectus, of each Preliminary Prospectus so furnished by the
Company.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(h)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>As soon after the
execution and delivery of this Agreement as is practicable and thereafter from
time to time for such period as in the reasonable opinion of counsel for the
Underwriters a prospectus is required by the Act to be delivered in connection</h2>


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<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">with sales by any Underwriter or a dealer
(the &#147;Prospectus Delivery Period&#148;), and for so long a period as you may request
for the distribution of the Units, the Company will deliver to each Underwriter
and each dealer, without charge, as many copies of the Prospectus and the Time
of Sale Information (and of any amendment or supplement thereto) as they may
reasonably request.&#160; The Company consents
to the use of the Prospectus and the Time of Sale Information (and of any amendment
or supplement thereto) in accordance with the provisions of the Act and with
the securities or Blue Sky laws of the jurisdictions in which the Units are
offered by the several Underwriters and by all dealers to whom Units may be
sold, both in connection with the offering and sale of the Units and for such
period of time thereafter as the Prospectus is required by the Act to be
delivered in connection with sales by any Underwriter or dealer.&#160; If at any time prior to the later of (i) the
completion of the distribution of the Units pursuant to the offering
contemplated by the Registration Statement or (ii) the expiration of prospectus
delivery requirements with respect to the Units under Section 4(3) of the Act
and Rule 174 thereunder, any event shall occur that in the judgment of the
Company or in the opinion of counsel for the Underwriters is required to be set
forth in the Prospectus (as then amended or supplemented) or should be set
forth therein in order to make the statements therein, in the light of the
circumstances under which they were made, not misleading, or if it is necessary
to supplement or amend the Prospectus to comply with the Act or any other law,
the Company will forthwith prepare and, subject to Section 5.1(a) hereof, file
with the Commission and use its best efforts to cause to become effective as
promptly as possible an appropriate supplement or amendment thereto, and will
furnish to each Underwriter who has previously requested Prospectuses, without
charge, a reasonable number of copies thereof.</font></h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>If this Agreement
shall terminate or shall be terminated after execution pursuant to any
provision hereof (except pursuant to a termination under Section 12 hereof) or
if this Agreement shall be terminated by the Underwriters because of any inability,
failure or refusal on the part of the Company to perform in all material
respects any agreement herein or to comply in all material respects with any of
the terms or provisions hereof or to fulfill in all material respects any of
the conditions of this Agreement, the Company agrees to reimburse the
Representative and the other Underwriters, other than defaulting Underwriters,
for all out-of-pocket expenses (including travel expenses and reasonable fees
and expenses of counsel for the Underwriters, but excluding wages and salaries
paid by the Representative or the other Underwriters) reasonably incurred by
the Representative or the other Underwriters in connection herewith.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(j)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company will apply
the net proceeds from the sale of the Units to be sold by it hereunder in
accordance in all material respects with the statements under the caption &#147;Use
of Proceeds&#148; in the Prospectus.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(k)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>For a period commencing
on the date hereof and ending on the 180th day after the date of the Prospectus
(the &#147;Lock-Up Period&#148;), not to, directly or indirectly, (i) offer for sale,
sell, pledge or otherwise dispose of (or enter into any transaction or device
that is designed to, or could be expected to, result in the disposition by any
person at any time in the future of) (collectively, a &#147;Disposition&#148;) any Trust
Units, or other securities of the Trust, or other securities that are derived
from the Subject Interests (as defined in the Conveyance, which is defined in
Section 6.1(m) of this Agreement) that are substantially similar to the Trust
Units, or securities convertible into or exchangeable for Trust Units, or sell
or grant options, rights or warrants with</h2>


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<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">respect to any Trust Units or securities
convertible into or exchangeable for Trust Units (collectively, &#147;Trust
Securities&#148;), (ii) enter into any swap or other derivatives transaction that
transfers to another, in whole or in part, any of the economic benefits or
risks of ownership of such Trust Units, whether any such transaction is to be
settled by delivery of Trust Units or other securities, in cash or otherwise,
(iii) file or cause to be filed a registration
statement, including any amendments, with respect to the registration of any Trust
Securities or (iv) publicly disclose the intention to do any of the foregoing,
in each case without the prior written consent of the Representative on behalf
of the Underwriters; notwithstanding the foregoing if (x) during the last 17
days of the Lock-Up Period, the Trust issues a release concerning distributable
cash or announces material news or a material event relating to the Trust
occurs or (y) prior to the expiration of the Lock-Up Period, the Trust
announces that it will release distributable cash results during the 16-day
period beginning on the last day of the Lock-Up Period, then the restrictions
imposed in this Section&nbsp;5.1(k) shall continue to apply until the
expiration of the 18-day period beginning on the date of issuance of the
earnings release or the announcement of the material news or the occurrence of
the material event, unless the Representative, on behalf of the Underwriters,
waives such extension in writing.</font></h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(l)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company will
comply with all provisions of any undertakings contained in the Registration
Statement.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(m)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company will not at
any time, directly or indirectly, take any action designed, or which might
reasonably be expected to cause or result in, or which will constitute,
stabilization or manipulation of the price of the Trust Units to facilitate the
sale or resale of any of the Units in violation of the Securities Exchange Act
of 1934, as amended, and the rules and regulations of the Commission thereunder
(collectively, the &#147;Exchange Act&#148;), the Act or other applicable law.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(n)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>On the Closing Date,
all stock transfer and other taxes (other than income taxes) that are required
to be paid in connection with the sale and transfer of the Firm Units to be
sold by the Company to the Underwriters hereunder will have been fully paid for
by the Company and all laws imposing such taxes will have been fully complied
with.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(o)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>In order to document
the Underwriters&#146; compliance with the reporting and withholding provisions of
the Internal Revenue Code of 1986, as amended (the &#147;Code&#148;), and the regulations
promulgated thereunder, with respect to the transactions herein contemplated,
the Company shall deliver to you at least two days prior to the Closing Date a
properly completed and executed United States Treasury Department Substitute
Form W-9.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(p)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Not more than five days
following the Closing Date, the Company will file the Conveyance and that
certain Second Amendment to the Mortgage, Assignment, Security Agreement,
Fixture Filing and Financing Statement to be granted by the Company, as
mortgagor, in favor of Bank of America, N.A., as agent, in the counties in Kansas
and Colorado covering the leases covered by the Conveyance.&#160; The Company will provide to the Underwriters
evidence of such filings reasonably satisfactory to counsel for the
Underwriters as promptly as practicable following the time of such filings, and
in any event not more than fifteen business days following the Closing Date.</h2>


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<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(q)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Not more than five days
following the Closing Date, the Company will file (i) a UCC-1 financing
statement in Topeka, Kansas giving notice of the security interest created by
the Conveyance, that certain Assignment of Hedge Proceeds to be entered into
between the Company and the Trustee and that certain Pledge and Security
Agreement to be entered into among the Company, the Selling Unitholders and
Bank of America, N.A., as administrative agent, and (ii)&nbsp;a UCC-1 financing
statement in Denver, Colorado giving notice of the security interest created by
the Conveyance.&#160; The Company will provide
to the Underwriters evidence of such filings reasonably satisfactory to counsel
for the Underwriters as promptly as practicable following the time of such
filings, and in any event not more than five business days following the
Closing Date.</h2>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.2</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Of the Trust</u>.&#160; The Bank of New York Trust Company, N.A. (as
successor to JP Morgan Chase Bank, N.A.), as trustee of the Trust (the &#147;Trustee&#148;),
on behalf of the Trust, covenants and agrees with the several Underwriters as
follows:</p>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Trustee will cause
the Trust to cooperate with you and counsel for the Underwriters in connection
with the registration or qualification of the Units for offering and sale by
the several Underwriters and by dealers under the securities or Blue Sky laws
of such jurisdictions as you may reasonably designate and will file such
consents to service of process or other documents as may be reasonably
necessary in order to effect and maintain such registration or qualification
for so long as required to complete the distribution of the Units; provided
that in no event shall the Trust be obligated to qualify to do business in any
jurisdiction where it is not now so qualified or to take any action that would
subject it to general service of process in suits, other than those arising out
of the offering or sale of the Units, as contemplated by this Agreement and the
Prospectus, in any jurisdiction where it is not now so subject.&#160; In the event that the qualification of the
Units in any jurisdiction is suspended, the Trustee shall so advise you
promptly in writing.&#160; The Trustee will
use its reasonable best efforts to qualify or register the Trust Units for sale
in non-issuer transactions under (or obtain exemptions from the application of)
the Blue Sky laws of each state where necessary to permit market making
transactions and secondary trading and will use its reasonable best efforts to
cause the Trust to comply with such Blue Sky laws and to continue such
qualifications, registrations and exemptions in effect for a period of five
years after the date hereof.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Trustee will cause
the Trust to timely file with the New York Stock Exchange (the &#147;NYSE&#148;) all
documents and notices required by the NYSE of trusts that have or will issue
securities that are traded on the NYSE.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Trustee will cause
the Trust to engage and maintain, at its expense, a transfer agent and, if
necessary under the jurisdiction of its organization or the rules of any
national securities exchange on which the Trust Units will be listed, a
registrar (which, if permitted by applicable laws and rules may be the same
entity as the transfer agent) for the Trust Units.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Trustee will cause
the Trust to make generally available to holders of the Trust Units a
consolidated earnings statement (in form complying with the provisions of Rule
158), which need not be audited, covering a 12-month period commencing after the
effective date of the Registration Statement and the Rule 462 Registration
Statement, if any, and ending</h2>


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<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">not later than 15 months thereafter, as soon
as practicable after the end of such period, which consolidated earnings
statement shall satisfy the provisions of Section 11(a) of the Act.</font></h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Trustee will cause
the Trust to furnish to holders of the Trust Units as soon as practicable after
the end of each fiscal year an annual report (including financial statements of
the Trust certified by independent public accountants) and, as soon as
practicable after the end of each of the first three quarters of each fiscal
year (beginning with the fiscal quarter ending after the effective date of the
Registration Statement), to make available to holders of the Trust Units
summary financial information of the Trust for such quarter in reasonable
detail.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(f)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>During the period
ending three years from the date hereof, the Trustee will cause the Trust to
furnish to you and, upon your request, to each of the other Underwriters, (i)
as soon as available, a copy of each proxy statement, quarterly or annual
report or other report of the Trust mailed to unitholders or filed with the
Commission, the National Association of Securities Dealers, Inc. (the &#147;NASD&#148;)
or the NYSE or any national securities exchange and (ii) from time to time such
other information concerning the Trust as you may reasonably request.&#160; For purposes of this Section 5.2(f), the
Trust shall be deemed to have furnished the required information if such document
has been filed on EDGAR.</h2>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.3</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Of Each Selling
Unitholder</u>. Each Selling Unitholder covenants and agrees, severally and not
jointly, with the several Underwriters as follows:</p>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>During the Lock-Up
Period, not to, directly or indirectly, (i)&nbsp;make any Disposition of any
Trust Securities, (ii) enter into any swap or other derivatives transaction
that transfers to another, in whole or in part, any of the economic benefits or
risks of ownership of any Trust Units, whether any such transaction is to be settled
by delivery of Trust Units or other securities, in cash or otherwise, (iii)
exercise or seek to exercise or effectuate in any manner any rights of any
nature that such Selling Unitholder has or may have hereafter to require the
Trust to register under the Act such Selling Unitholder&#146;s sale, transfer or
other disposition of any of the Trust Units or other Trust Securities held by
such Selling Unitholder, or to otherwise participate as a selling
securityholder in any manner in any registration effected by the Trust under
the Act, including under the Registration Statement, during the Lock-Up Period
or (iv)&nbsp;publicly disclose the intention to do any of the foregoing, in
each case without the prior written consent of the Representative on behalf of
the Underwriters; notwithstanding the foregoing, if (x) during the last 17 days
of the Lock-Up Period, the Trust issues a release concerning distributable cash
or announces material news or a material event relating to the Trust occurs or
(y) prior to the expiration of the Lock-Up Period, the Trust announces that it
will release distributable cash results during the 16-day period beginning on
the last day of the Lock-Up Period, then the restrictions imposed in this
Section&nbsp;5.3(a) shall continue to apply until the expiration of the 18-day
period beginning on the issuance of the earnings release or the announcement of
the material news or the occurrence of the material event, unless the
Representative, on behalf of the Underwriters, waives such extension in
writing.&#160; Notwithstanding the foregoing,
the restrictions contained in this Section 5.3(a) shall not apply to the
Additional Units being offered in the Prospectus.&#160; In addition, this Section 5.3(a) shall not
restrict or prohibit the undersigned from pledging or otherwise granting a
security interest with respect to any Trust Securities held by the</h2>


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<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">undersigned pursuant to that certain Credit
Agreement, dated of even date herewith, among the Company, MV Energy, LLC,
VAP-I, LLC and Bank of America, N.A.</font></h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Such Selling Unitholder
will review the Prospectus and will comply with all agreements and satisfy all
conditions on its part to be complied with or satisfied pursuant to this
Agreement on or prior to the Closing Date or the Additional Closing Date, as
the case may be, and will advise the Underwriters prior to the Additional
Closing Date if any statements to be made on behalf of such Selling Unitholder
in the certificate contemplated by Section 9 hereof would be inaccurate if made
as of the Additional Closing Date.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>On the Additional
Closing Date, all stock transfer and other taxes (other than income taxes) that
are required to be paid in connection with the sale and transfer of the
Additional Units to be sold by such Selling Unitholder to the Underwriters
hereunder, if any, will have been fully paid for by such Selling Unitholder and
all laws imposing such taxes will have been fully complied with.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>In order to document
the Underwriters&#146; compliance with the reporting and withholding provisions of
the Code, and the regulations promulgated thereunder, with respect to the
transactions herein contemplated, such Selling Unitholder shall deliver to you
at least two days prior to the Additional Closing Date, if any, a properly
completed and executed United States Treasury Department Substitute Form W-9.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>At any time prior to
the Closing Date or the Additional Closing Date, as the case may be, if there
is any change in the information referred to in Section 6.2(e) hereof, such
Selling Unitholder will immediately notify the Representative of such change.</h2>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Representations
and Warranties</u>.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Of the Company</u>.&#160; The Company hereby represents and warrants to
each Underwriter on the date hereof, and shall be deemed to represent and
warrant to each Underwriter on the Closing Date and the Additional Closing
Date, as the case may be, that:</p>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Neither the Company nor
the Trust was at the time of initial filing of the Registration Statement and
at the earliest time thereafter that the Company, the Trust or any other
offering participant made a bona fide offer (within the meaning of Rule
164(h)(2) of the Act) of the Trust Units, is not on the date hereof and will
not be on the Closing Date and the Additional Closing Date, as the case may be,
an &#147;ineligible issuer&#148; (as defined in Rule 405).</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Registration
Statement conformed on the Effective Date and will conform on each of the
Closing Date and the Additional Closing Date, as the case may be, and any
amendment to the Registration Statement filed after the date hereof will
conform in all material respects, when filed, to the requirements of the
Act.&#160; The Preliminary Prospectus
conformed, when filed, and the Prospectus will conform, when filed, with the
Commission pursuant to Rule 424(b) and on the Closing Date and the Additional
Closing Date, as the case may be, to the requirements of the Act.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Registration
Statement did not, as of the Effective Date, contain an untrue statement of a
material fact or omit to state a material fact required to be stated therein or</h2>


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<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">necessary to make the statements therein not
misleading; provided that no representation or warranty is made as to
information contained in or omitted from the Registration Statement in reliance
upon and in conformity with written information furnished to the Company through
the Representative by or on behalf of any Underwriter specifically for
inclusion therein.</font></h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Prospectus will
not, as of its date and on the Closing Date or the Additional Closing Date, as
the case may be, contain an untrue statement of a material fact or omit to
state a material fact required to be stated therein or necessary to make the
statements therein, in the light of the circumstances under which they were
made, not misleading; provided that no representation or warranty is made as to
information contained in or omitted from the Prospectus in reliance upon and in
conformity with written information furnished to the Company through the
Representative by or on behalf of any Underwriter specifically for inclusion
therein.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Time of Sale Information,
all considered together, did not, as of the Time of Sale, contain an untrue
statement of a material fact or omit to state a material fact required to be
stated therein or necessary to make the statements therein, in the light of the
circumstances under which they were made, not misleading; provided that no
representation or warranty is made as to information contained in or omitted
from the Time of Sale Information in reliance upon and in conformity with
written information furnished to the Company through the Representative by or
on behalf of any Underwriter specifically for inclusion therein.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(f)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Each Issuer Free
Writing Prospectus (including, without limitation, any road show that is a free
writing prospectus under Rule 433), when considered together with the Time of
Sale Information at the Time of Sale, did not contain an untrue statement of a
material fact or omit to state a material fact required to be stated therein or
necessary to make the statements therein, in the light of the circumstances
under which they were made, not misleading provided that no representation or
warranty is made as to information contained in or omitted from an Issuer Free
Writing Prospectus in reliance upon and in conformity with written information
furnished to the Company through the Representative by or on behalf of any
Underwriter specifically for inclusion therein.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(g)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Each Issuer Free
Writing Prospectus conformed or will conform in all material respects to the
requirements of the Act on the date of first use, and the Company has complied
with all prospectus delivery and any filing requirements applicable to such
Issuer Free Writing Prospectus pursuant to the Act.&#160; The Company has not made any offer relating
to the Trust Units that would constitute an Issuer Free Writing Prospectus
without the prior written consent of the Representatives.&#160; The Company has retained in accordance with
the Act all Issuer Free Writing Prospectuses that were not required to be filed
pursuant to the Act.&#160; The Company has
taken all actions necessary so that any &#147;road show&#148; (as defined in Rule 433) in
connection with the offering of the Trust Units will not be required to be
filed pursuant to the Act.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(h)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company is a
limited liability company duly organized and validly existing as a limited
liability company in good standing under the laws of the State of Kansas with
full power and authority to own, lease and operate its properties and to
conduct its business as presently conducted and as described in the
Registration Statement, the Time of Sale Information and the Prospectus (and
any amendment or supplement thereto) and is duly</h2>


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<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">registered and qualified to conduct its
business and is in good standing in each jurisdiction or place where the nature
of its properties or the conduct of its business requires such registration or
qualification, except where the failure to so register or qualify has not had
or will not have a material adverse effect on the condition (financial or
other), business, properties, net worth, results of operations or prospects of
the Company (a &#147;Material Adverse Effect&#148;).&#160;
As of the date hereof, the Company does not, and as of the Closing Date
and the Additional Closing Date, if any, the Company will not, have any
subsidiaries (it being acknowledged and agreed that for purposes of this
Agreement, the Trust shall not be considered to be a subsidiary of the
Company).</font></h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Trust is duly
organized and validly existing as a statutory trust in good standing under the
laws of the State of Delaware with full power and authority to own its
properties as described in the Registration Statement, the Time of Sale
Information and the Prospectus (and any amendment or supplement thereto).</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(j)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>There are no legal or
governmental proceedings pending or, to the knowledge of the Company,
threatened, against the Company or to which the Company or any of its
properties, including the Subject Interests, are subject, that are required to
be described in the Registration Statement or the Prospectus (or any amendment
or supplement thereto) but are not described as required.&#160; Except as described in the Registration
Statement, the Time of Sale Information and the Prospectus, there is no action,
suit, inquiry, proceeding or investigation by or before any court or
governmental or other regulatory or administrative agency or commission pending
or, to the knowledge of the Company, threatened against or involving the
Company, which might individually or in the aggregate prevent or materially
adversely affect the transactions contemplated by this Agreement or would have
a material adverse effect on the Net Profits Interest (as defined in the
Conveyance) or result in a Material Adverse Effect, nor to the Company&#146;s
knowledge, is there any reasonable basis for any such action, suit, inquiry,
proceeding or investigation.&#160; There are
no agreements, contracts, indentures, leases or other instruments that are
required to be described in the Registration Statement, the Time of Sale
Information or the Prospectus (or any amendment or supplement thereto) or to be
filed as an exhibit to the Registration Statement that are not described, filed
or incorporated by reference in the Registration Statement, the Time of Sale
Information and the Prospectus as required by the Act.&#160; All such contracts to which the Company is a
party have been duly authorized, executed and delivered by the Company,
constitute valid and binding agreements of the Company and are enforceable
against the Company in accordance with the terms thereof, except as
enforceability thereof may be limited by (i) the application of bankruptcy,
reorganization, insolvency and other laws affecting creditors&#146; rights generally
and (ii) equitable principles being applied at the discretion of a court before
which any proceeding may be brought.&#160; The
Company has not received notice or been made aware that any other party is in
breach of or default to the Company under any of such contracts.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(k)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company is not (i)
in violation of (A) its organizational documents or agreements, (B) any law,
ordinance, administrative or governmental rule or regulation applicable to the
Company, the violation of which would have a Material Adverse Effect or (C) any
decree of any court or governmental agency or body having jurisdiction over the
Company; or (ii) in default in any material respect in the performance of any
obligation, agreement or condition contained in (A) any bond, debenture, note
or any other evidence of indebtedness or (B) any</h2>


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<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">agreement, indenture, lease or other
instrument (each of (A) and (B), an &#147;Existing Instrument&#148;) to which the Company
is a party or by which any of its properties may be bound, which default would
have a Material Adverse Effect; and there does not exist any state of facts
that constitutes an event of default on the part of the Company as defined in such
documents or that, with notice or lapse of time or both, would constitute such
an event of default.</font></h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(l)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Each of this Agreement
and the trust agreement (the &#147;Organizational Trust Agreement&#148;) by and among the
Company, the Trustee, and Wilmington Trust Company, as Delaware trustee of the
Trust (the &#147;Delaware Trustee&#148;), has been duly authorized, executed and
delivered by the Company; each of the amended and restated trust agreement (the
&#147;Trust Agreement&#148;) by and among the Company, the Trustee and the Delaware
Trustee; and the administrative services agreement (the &#147;Administrative
Services Agreement&#148;) between the Company and the Trust, each in the form to be
in effect as of the Closing Date, has been duly authorized and will be duly
executed and delivered by the Company as of the Closing Date; and the
Organizational Trust Agreement constitutes, and each of the Trust Agreement and
the Administrative Services Agreement when duly executed and delivered by the
Company and the other parties thereto will constitute, a valid and legally
binding agreement of the Company, enforceable against the Company in accordance
with its terms, except to the extent enforceability may be limited by
(i)&nbsp;the application of bankruptcy, reorganization, insolvency and other
laws affecting creditors&#146; rights generally and (ii) equitable principles being
applied at the discretion of a court before which any proceeding may be
brought.&#160; The holders of the Trust Units
are entitled to the benefits of the Trust Agreement.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(m)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Conveyance of Net
Profits Interest (the &#147;Conveyance&#148;) by and between the Company and the Trust
has been duly authorized and, when duly executed by the proper officers of the
Company (assuming due execution and delivery by the Trustee) and delivered by
the Company to the Trust will constitute valid and binding agreements of the
Company enforceable against the Company in accordance with its terms, except as
the enforceability of each may be limited by (i) the application of bankruptcy,
reorganization, insolvency and other laws affecting creditors&#146; rights generally
and (ii) equitable principles being applied at the discretion of a court before
which any proceeding may be brought; the form of the Conveyance complies with
the laws of each of the states in which such Conveyance is to be recorded or
filed, including all applicable recording, filing and registration laws and
regulations, and is adequate and sufficient to transfer title to the Net
Profits Interest to the Trust; the recording of the Conveyance in the real
property records in each county where the Subject Interests are located is
sufficient to impart notice of the contents thereof, and all subsequent
purchasers or creditors of the Company will be deemed to purchase with notice
of and subject to such Net Profits Interest; prior to the Closing Date, the
Company will have made or transmitted for filing all necessary recordings and
filings of the Conveyance; the Conveyance and the Net Profits Interest conform
in all material respects to the descriptions thereof in the Prospectus; the Net
Profits Interest described in the Prospectus is described in the Conveyance in
a manner sufficient to identify the interests conveyed under the laws of the
State of Kansas; and on the Closing Date 11,500,000 Trust Units shall have been
issued by the Trust to the Company in consideration for the conveyance by the
Company to the Trust of the Net Profits Interest pursuant to the Conveyance; on
the Closing Date and the Additional Closing Date, as the case may be,
11,500,000 Trust Units will be issued and outstanding.</h2>


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<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(n)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Trust Units have
been duly authorized for issuance by the Trust, and, when duly issued and
delivered to the Company in accordance with the Trust Agreement, the Trust
Units will be duly and validly issued and outstanding, fully paid and
nonassessable and are free of any preemptive or similar rights, and will
constitute valid and binding obligations of the Trust entitled to the benefits
of the Trust Agreement and enforceable in accordance with their terms, except
as the enforceability of each may be limited by (i) the application of
bankruptcy, reorganization, insolvency and other laws affecting creditors&#146;
rights generally and (ii) equitable principles being applied at the discretion
of a court before which any proceeding may be brought.&#160; The Trust Units, when issued and delivered,
will conform in all material respects to the description thereof contained in
the Prospectus.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(o)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>On the Closing Date,
the Company will have good and valid title to the Trust Units to be sold by the
Company hereunder, free and clear of all liens, encumbrances, equities or
claims whatsoever, and the Company has full power and authority to sell,
assign, transfer and deliver such Trust Units hereunder; and, upon the delivery
of such Trust Units and payment therefor pursuant hereto, good and valid title
to such Trust Units, free and clear of all liens, encumbrances, equities or
claims, will pass to the several Underwriters.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(p)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>All consents,
approvals, authorizations and orders necessary for the transfer of the Net
Profits Interest to the Trust as described in the Prospectus have been obtained
and such transfer has not had the effect of creating, and there does not exist,
any lien, claim, encumbrance or equity of any kind in favor of any person with
respect to any of the Net Profits Interest except (i) to the extent such rights
have been validly waived in writing or (ii) to the extent such liens, claims,
encumbrances or equities, which, if asserted or exercised, would not have a
material adverse effect on the value of the Trust Units.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(q)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>None of (i) the
formation of the Trust by the execution and delivery of the Organizational
Trust Agreement, (ii) the transfer of the Net Profits Interest by the Company
to the Trust by the execution and delivery of the Conveyance, (iii) the sale of
the Firm Units by the Company or (iv) the execution, delivery or performance of
this Agreement, the Organizational Trust Agreement, the Trust Agreement, the
Administrative Services Agreement and the Conveyance by the Company and the Trust
nor the consummation by the Company and the Trust of the transactions
contemplated hereby (A) requires any consent, approval, authorization or other
order of or registration or filing with, any court, regulatory body,
administrative agency or other governmental body, agency or official (except
such as may be required for the registration of the Units under the Act, the
listing of the Units for trading on the NYSE, the registration of the Trust
Units under the Exchange Act and compliance with the securities or Blue Sky
laws of various jurisdictions, all of which will be, or have been, effected in
accordance with this Agreement and except for the NASD&#146;s clearance of the
underwriting terms of the offering contemplated hereby as required under the
NASD&#146;s Rules of Fair Practice), (B) conflicts with or will conflict with or
constitutes or will constitute a breach of, or a default under, the Company&#146;s
articles of organization or operating agreement or any agreement, indenture,
lease or other instrument to which the Company is a party or by which any of
its properties may be bound, (C)&nbsp;violates any statute, law, regulation,
ruling, filing, judgment, injunction, order or decree applicable to the Company
or any of its properties or (D) results in a breach of, or default or Debt
Repayment Triggering Event (as defined below) under, or results in the creation
or imposition of any lien, charge or encumbrance upon any property or assets of
the Company pursuant to, or</h2>


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<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">requires the consent of any other party to,
any Existing Instrument, except as disclosed in the Prospectus and except for
such consents, approvals, authorizations, orders, registrations, filings,
conflicts, breaches, defaults, liens, charges or encumbrances that will not,
individually or in the aggregate, result in a Material Adverse Effect.&#160; As used herein, a &#147;Debt Repayment Triggering
Event&#148; means any event or condition that gives, or with the giving of notice or
lapse of time would give, the holder of any note, debenture or other evidence
of indebtedness (or any person acting on such holder&#146;s behalf) the right to
require the repurchase, redemption or repayment of all or a portion of such
indebtedness by the Company.</font></h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(r)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Except as described in
the Time of Sale Information and the Prospectus, the Company has outstanding
and at the Closing Date and the Additional Closing Date, as the case may be,
will have outstanding no options to purchase, or warrants to subscribe for, or
securities or obligations convertible into, or contracts or commitments to
issue or sell, any Trust Units or any such warrants, convertible securities or
obligations.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(s)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Grant Thornton LLP, the
certified public accountants who have certified the financial statements of the
Company, the Trust and the Underlying Properties (as defined in the Conveyance)
(including the related notes thereto and supporting schedules) filed as part of
the Registration Statement and the Prospectus (or any amendment or supplement
thereto), are independent public accountants as required by the Act.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(t)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The financial statements,
together with related schedules and notes, included in the Registration
Statement, the Time of Sale Information and the Prospectus (and any amendment
or supplement thereto), present fairly in all material respects the financial
condition, results of operations, cash flows and changes in financial position
of the Company, the Trust and the Underlying Properties on the basis stated in
the Registration Statement at the respective dates or for the respective
periods to which they apply; such statements and related schedules and notes
have been prepared in accordance with generally accepted accounting principles
consistently applied throughout the periods involved, except as disclosed
therein; and the other financial and statistical information and data set forth
in the Registration Statement and Prospectus (and any amendment or supplement
thereto) is accurately presented in all material respects and prepared on a
basis consistent with such financial statements and the books and records of
the Company.&#160; The pro forma financial
statements together with related notes thereto included in the Registration
Statement and the Prospectus (and any amendment or supplement thereto) present
fairly in all material respects the information contained therein, have been prepared
in accordance with the Commission&#146;s rules and regulations with respect to pro
forma financial statements and have been properly presented on the bases
described therein.&#160; Additionally, the
assumptions used in the preparation thereof are reasonable and the adjustments
used therein are appropriate to give effect to the transactions and
circumstances referred to therein.&#160; No
other financial statements or schedules are required to be included in the
Registration Statement.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(u)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The information
supplied by the Company to Cawley, Gillespie &amp; Associates, Inc. (&#147;Cawley
Gillespie&#148;), independent petroleum engineers, for purposes of preparing the
reserve reports and estimates of Cawley Gillespie included in the Registration
Statement, including, without limitation, production, costs of operation and
development, current prices for production, agreements relating to current and
future operations and sales of</h2>


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<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">production, was true and correct in all
material respects on the date supplied and was prepared in accordance with
customary industry practices; Cawley Gillespie, whose report on reserves is
attached as Appendix A to the Prospectus were, as of the date of such report,
and are, as of the date hereof, independent petroleum engineers with respect to
the Company.</font></h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(v)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Except as disclosed in
the Registration Statement, the Time of Sale Information and the Prospectus (or
any amendment or supplement thereto), since the respective dates as of which
information is given in the Registration Statement, the Time of Sale Information
and the Prospectus, (i) the Company has not incurred any material liabilities
or obligations, indirect, direct or contingent, or entered into any transaction
that is not in the ordinary course of business, (ii) the Company has not
sustained any material loss or interference with its business or properties
from fire, flood, windstorm, accident or other calamity, whether or not covered
by insurance, (iii) the Company is not in default under the terms of any class
of membership interest of the Company or any outstanding debt obligations, (iv)
there has not been any material change in the indebtedness of the Company
(other than in the ordinary course of business) and (v) there has not been any
material adverse change, or any development involving or that may reasonably be
expected to result in a Material Adverse Effect, in the condition (financial or
otherwise), business, properties, net worth or result of operations of the
Company.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(w)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Except as disclosed in
the Registration Statement, the Time of Sale Information and the Prospectus (or
any amendment or supplement thereto), the Trust has not sustained since the
date of its formation any material loss or interference with respect to the
Subject Interests from fire, explosion, flood or other calamity, whether or not
covered by insurance, or from any labor dispute or court or governmental
action, order or decree; and, since the respective dates as of which
information is given in the Registration Statement and the Prospectus (or any
amendment or supplement thereto), there has not been (i) any change in the
number of outstanding Trust Units or (ii) any material adverse change, or any
development involving a prospective material adverse change, in or affecting
the general affairs, financial position, or results of operations of the Trust,
or management of the Subject Interests, otherwise than as set forth or
contemplated in the Prospectus.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(x)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Units have been
approved for listing on the NYSE under the symbol &#147;MVO,&#148; subject to official
notice of issuance of the Units being sold by the Company and the Selling
Unitholders, and upon consummation of the offering contemplated hereby the
Trust will be in compliance with the designation and maintenance criteria
applicable to NYSE issuers.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(y)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company has not taken
and will not take, directly or indirectly, any action that constituted, or any
action designed to, or that might reasonably be expected to cause or result in
or constitute, under the Exchange Act, the Act or otherwise, stabilization or
manipulation of the price of any security of the Company to facilitate the sale
or resale of the Units or for any other purpose in violation of the Exchange
Act, the Act or other applicable law.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(z)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company has filed
all tax returns required to be filed (other than certain state or local tax
returns, as to which the failure to file, individually or in the aggregate,
would not have a Material Adverse Effect), which returns are complete and
correct in all material respects, and the Company is not in default in the
payment of any taxes that were payable pursuant to said returns or any
assessments with respect thereto other than taxes being challenged</h2>


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<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">in good faith by the Company.&#160; Except as disclosed in the Time of Sale
Information and the Prospectus, all deficiencies asserted as a result of any
federal, state, local or foreign tax audits have been paid or finally settled
and no issue has been raised in any such audit that, by application of the same
or similar principles, reasonably could be expected to result in a proposed
deficiency for any other period not so audited, in each case other than
deficiencies as would not have a Material Adverse Effect.&#160; There are no outstanding agreements or
waivers extending the statutory period of limitation applicable to any federal,
state, local or foreign tax return for any period.&#160; On the Closing Date, all stock transfer and
other taxes that are required to be paid in connection with the sale of the
Firm Units to be sold by the Company to the Underwriters will have been fully
paid by the Company and all laws imposing such taxes will have been complied
with.</font></h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(aa)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Except as set forth in
the Time of Sale Information and the Prospectus, there are no transactions with
&#147;affiliates&#148; (as defined in Rule 405 promulgated under the Act) or any officer,
director or security holder of the Company (whether or not an affiliate) that
are required by the Act to be disclosed in the Registration Statement.&#160; Additionally, no relationship, direct or
indirect, exists between the Company, on the one hand, and the directors,
officers, stockholders, customers or suppliers of the Company, on the other
hand, that is required by the Act to be disclosed in the Registration
Statement, the Time of Sale Information and the Prospectus that is not so
disclosed.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(bb)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company is not an &#147;investment
company&#148; or an &#147;affiliated person&#148; of, or &#147;promoter&#148; or &#147;principal underwriter&#148;
for, an investment company within the meaning of the Investment Company Act of
1940, as amended.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(cc)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company has and, as
of Closing Date and the Additional Closing Date, as the case may be, will have
good and defensible title to the Subject Interests, free and clear of all
liens, encumbrances and defects except (i) those described in the Prospectus or
the Time of Sale Information; (ii) royalties and other burdens and obligations,
expressed and implied, under oil and gas leases; (iii) overriding royalties,
production payments and similar interests and other burdens created by the
Company or its predecessors in title; (iv) contractual obligations arising
under operating agreements, farm-out agreements and other agreements that may
affect the properties or their titles of a type and nature customary in the oil
and gas industry; (v) liens that arise in the normal course of operations, such
as those for unpaid taxes, statutory liens securing unpaid suppliers and
contractors and contractual liens under operating agreements to secure payments
of all amounts that are not yet delinquent or, if delinquent are being
contested in good faith by appropriate proceedings; (vi) pooling, unitization
and communalization agreements, declarations and orders; (vii) easements,
restrictions, rights-of-way and other matters that commonly affect property;
(viii) conventional rights of reassignment that obligate the Company to
reassign all or part of any Subject Interest to a third party if the Company
intends to release or abandon each interest before the termination of such
interest; and (ix) rights reserved to or vested in appropriate governmental
agencies or authorities to control or regulate the Subject Interests and the
Net Profits Interest therein; none of which in the aggregate materially
adversely affect the value of the Subject Interests and do not materially
interfere with the Net Profits Interest or the use made and proposed to be made
of such property by the Company.&#160; All
contracts, agreements or underlying leases, which comprise a portion of the
Subject Interests and which individually or in the aggregate are material to
the Subject Interests</h2>


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<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">taken as a whole, are in full force and
effect, the Company has paid all rents and other charges to the extent due and
payable thereunder, is not in default under any of such underlying contracts,
agreements or leases, has received no notice of default from any other party thereto
and knows of no material default by any other party thereto.&#160; The working interests in oil, gas and mineral
leases or mineral interests that constitute a portion of the Subject Interests
held by the Company reflect in all material respects the right of the Company
to explore or receive production from such Subject Interests and the care taken
by the Company with respect to acquiring or otherwise procuring such leases or
mineral interests was generally consistent with standard industry practices for
acquiring or procuring leases and interests therein to explore such for
hydrocarbons.&#160; Upon recordation and
filing of the Conveyance, the Trust will have good and defensible title to the
Net Profits Interest, free and clear of all liens, encumbrances and defects,
except Permitted Encumbrances (as defined in the Conveyance).</font></h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(dd)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>As of the Closing Date
and the Additional Closing Date, as the case may be, except for liens and
encumbrances described in the first sentence of paragraph (cc) above, any and
all liens or encumbrances on the Subject Interests will be subordinated to the
Net Profits Interest and all future liens or encumbrances on the Subject
Interests shall be subordinate and inferior to the Net Profits Interest.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ee)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Since the date the Trust
was formed through the date hereof, and except as may otherwise be disclosed in
the Prospectus or Time of Sale Information, the Trust has not (i) issued or
granted any Trust Units, (ii) incurred any liability or obligation, direct or
contingent, (iii) entered into any transaction not in the ordinary course of
business or (iv) made any distribution.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ff)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company has all
permits, licenses, franchises, approvals, consents and authorizations of
governmental or regulatory authorities (hereinafter, &#147;permit&#148; or &#147;permits&#148;) as
are necessary to own its properties and to conduct its business in the manner
described in the Time of Sale Information and the Prospectus, subject to such
qualifications as may be set forth in the Time of Sale Information and the
Prospectus, except where the failure to have obtained any such permit has not
had and will not have a Material Adverse Effect; the Company has operated and
is operating its business in material compliance with and not in material
violation of all of its obligations with respect to each such permit and no
event has occurred that allows, or after notice or lapse of time would allow,
revocation or termination of any such permit or result in any other material
impairment of the rights of any such permit, subject in each case to such
qualification as may be set forth in the Time of Sale Information and the
Prospectus; and, except as described in the Time of Sale Information and the
Prospectus, such permits contain no restrictions that are materially burdensome
to the Company.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(gg)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company maintains a
system of internal accounting controls sufficient to provide reasonable
assurances that (i) transactions are executed in accordance with management&#146;s
general or specific authorizations, (ii) transactions are recorded as necessary
to permit preparation of financial statements in conformity with generally
accepted accounting principles and to maintain accountability for assets, (iii)
access to assets is permitted only in accordance with management&#146;s general or
specific authorizations and (iv) the recorded accountability for assets is
compared with existing assets at reasonable intervals and appropriate action is
taken with respect to any differences.</h2>


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<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(hh)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Neither the Company nor,
to the Company&#146;s knowledge, any employee or agent of the Company, acting in
such capacity, has, directly or indirectly, (i) made any unlawful contribution
to any candidate for political office, or failed to disclose fully any
contribution in violation of applicable law or (ii) made any payment to any
federal, state, local or foreign governmental official, or other person charged
with similar public or quasi-public duties, other than payments required or
permitted by the laws of the United States or any jurisdiction thereof or
applicable foreign jurisdictions.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company (i) is in
compliance with any and all applicable federal, state, local and foreign laws
and regulations relating to the protection of human health and safety, the
environment or hazardous or toxic substances or wastes, pollutants or contaminants
(&#147;Environmental Laws&#148;), (ii) has received all permits, licenses or other
approvals required of it under applicable Environmental Laws to conduct its
business and (iii) is in compliance with all terms and conditions of any such
permit, license or approval, except where such noncompliance with Environmental
Laws, failure to receive required permits, licenses or other approvals or
failure to comply with the terms and conditions of such permits, licenses or
other approvals would not, individually or in the aggregate, have a Material
Adverse Effect or a material adverse effect on the Subject Interests.&#160; The Company has not been named as a &#147;potentially
responsible party&#148; under the Comprehensive Environmental Response Compensation
and Liability Act of 1980, as amended.&#160;
The Company does not own, lease or occupy any property that appears on
any publicly available list of hazardous sites compiled by any state or local
governmental agency.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(jj)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company owns and
has full right, title and interest in and to, or has valid licenses to use,
each material trade name, trademark, service mark, patent, copyright, approval,
trade secret and other similar rights (collectively &#147;Intellectual Property&#148;)
under which the Company conducts all or any material part of its business, and
the Company has not created any lien or encumbrance on, or granted any right or
license with respect to, any such Intellectual Property except where the
failure to own or obtain a license or right to use any such Intellectual
Property has not and will not have a Material Adverse Effect; there is no claim
pending against the Company with respect to any Intellectual Property and the
Company has not received notice or otherwise become aware that any Intellectual
Property that it uses or has used in the conduct of its business infringes upon
or conflicts with the rights of any third party.&#160; The Company has not become aware that any
material Intellectual Property that it uses or has used in the conduct of its
business infringes upon or conflicts with the rights of any third party.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(kk)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>No officer or member of
the Company has a direct or indirect affiliation or association with any member
of the NASD.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ll)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company is insured
by insurers of recognized financial responsibility against such losses and
risks and in such amounts as are prudent and customary in the businesses in
which it is engaged; and the Company has no reason to believe that it will not
be able to renew its existing insurance coverage as and when such coverage
expires or to obtain similar coverage from similar insurers as may be necessary
to continue its business at a comparable cost.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(mm)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font>In the ordinary course of
its business, the Company conducts a periodic review of the effect of
Environmental Laws on the business, operations and properties of the</h2>


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<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Company, in the course of which it identifies
and evaluates associated costs and liabilities (including any capital or
operating expenditures required for clean-up, closure of properties or
compliance with Environmental Laws or any permit, license or approval, any
related constraints on operating activities and any potential liabilities to
third parties).&#160; On the basis of such
review and amount of its established reserves, the Company has reasonably
concluded that such associated costs and liabilities would not, individually or
in the aggregate, result in a Material Adverse Effect or a material adverse
effect on the Subject Interests.</font></h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(nn)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The statements (including
the assumptions described therein) included in the Registration Statement, the
Time of Sale Information and the Prospectus under the headings &#147;Prospectus
Summary,&#148; &#147;Risk Factors,&#148; &#147;Projected Cash Distributions&#148; and &#147;The Underlying
Properties&#148; (i) are within the coverage of Rule 175(b) under the Act to the
extent such data constitutes forward looking statements as defined in Rule
175(c) and (ii) were made by the Company with a reasonable basis and reflect
the Company&#146;s good faith estimate of the matters described therein.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(oo)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The statements set forth
in the Prospectus under the caption &#147;Description of the Trust Units,&#148; insofar
as they purport to constitute a summary of the terms of the Trust Units, and
the statements under the captions &#147;The Trust,&#148; &#147;Computation of Net Proceeds,&#148; &#147;Description
of the Trust Agreement,&#148; &#147;Description of the Trust Units,&#148; &#147;Federal Income Tax
Consequences,&#148; &#147;State Tax Considerations,&#148; &#147;ERISA Considerations&#148; and &#147;Underwriting,&#148;
fairly and accurately describe the provisions of the laws and documents
referred to therein in all material respects.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(pp)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Trustee is a national
banking association duly authorized and empowered to act as trustee of the
Trust pursuant to the Organizational Trust Agreement and the Trust Agreement.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(qq)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Delaware Trustee is a
Delaware banking corporation duly authorized and empowered to act as Delaware
trustee of the Trust pursuant to the Organizational Trust Agreement and the
Trust Agreement.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(rr)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>No consent, approval,
authorization or filing is required under any law, rule or regulation of the
States of Kansas or Colorado, or of the United States of America in order to
permit the Trustee to act as Trustee of the Trust.</h2>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6.2</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Of the Selling
Unitholders</u>. Each Selling Unitholder hereby represents and warrants,
severally as to itself and not jointly, to each Underwriter on the date hereof,
and shall be deemed to represent and warrant to each Underwriter on the
Additional Closing Date that:</p>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>On the Additional
Closing Date, such Selling Unitholder will be the lawful owner of the
Additional Units to be sold by such Selling Unitholder pursuant to this
Agreement and will have good and valid title to such Additional Units, free of
all restrictions on transfer, liens, encumbrances, security interests, equities
and claims whatsoever, and such Selling Unitholder has full power and authority
to sell, assign, transfer and deliver such Additional Units hereunder; and,
upon the delivery of such Additional Units and payment therefor pursuant</h2>


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<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">hereto, good and valid title to such
Additional Units, free and clear of all liens, encumbrances, equities or
claims, will pass to the several Underwriters.</font></h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Such Selling Unitholder
has, and on the Additional Closing Date, will have, full legal right, power and
authority, and all authorization and approval required by law, to enter into
this Agreement.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>This Agreement has been
duly authorized, executed and delivered by such Selling Unitholder and is a
valid and binding agreement of such Selling Unitholder, enforceable as to such
Selling Unitholder in accordance with its terms, except to the extent
enforceability may be limited by (i) the application of bankruptcy,
reorganization, insolvency and other laws affecting creditors&#146; rights generally
and (ii) equitable principles being applied at the discretion of a court before
which a proceeding may be brought, except as rights to indemnity and
contribution hereunder may be limited by federal or state securities laws.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>None of the sale of the
Additional Units by such Selling Unitholder, the execution, delivery or
performance by such Selling Unitholder of this Agreement, the compliance by
such Selling Unitholder with all the provisions hereof nor the consummation by
such Selling Unitholder of the transactions contemplated hereby (i) requires
any consent, approval, authorization or other order of, or registration or
filing with, any court, regulatory body or administrative agency or other
governmental body, agency or official (except such as may be required under the
securities or Blue Sky laws of the various states), (ii) conflicts with or will
conflict with or constitutes or will constitute a breach of or a default under,
the organizational documents of such Selling Unitholder, or any agreement,
indenture, lease or other instrument to which such Selling Unitholder is a
party or by which such Selling Unitholder or any property of such Selling
Unitholder is bound or (iii) violates any statute, law, regulation, ruling,
filing, judgment, injunction, order or decree applicable to such Selling
Unitholder or any property of such Selling Unitholder, except where such
failure to obtain consents, approvals, authorizations or orders, or to make
such registrations or filings, or such conflicts, breaches, defaults or
violations, individually or in the aggregate, would not have a material adverse
effect on the ability of such Selling Unitholder to consummate the transactions
contemplated by this Agreement or convey good title to the Additional Units to
be sold by it.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The information in the
Prospectus under the caption &#147;Selling Trust Unitholders&#148; that specifically
relates to such Selling Unitholder does not, and will not on the Closing Date
or the Additional Closing Date, as the case may be, contain any untrue
statement of a material fact or omit to state any material fact required to be
stated therein or necessary to make the statements therein, in the light of the
circumstances under which they were made, not misleading.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(f)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Such Selling
Unitholder has not taken and will not take, directly or indirectly, any action
that constituted, or any action designed to, or that might reasonably be expected
to cause or result in or constitute, under the Act or otherwise, stabilization
or manipulation of the price of the Trust Units to facilitate the sale or
resale of the Additional Units in violation of the Exchange Act, the Act or
other applicable law.</h2>


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<div>


<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(g)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Upon delivery of and
payment for the Additional Units to be sold by such Selling Unitholder pursuant
to this Agreement, good and valid title to such Additional Units will pass to
the Underwriters, free of all restrictions on transfer, liens, encumbrances,
security interests, equities and claims whatsoever.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(h)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Except as described in
the Time of Sale Information and the Prospectus, such Selling Unitholder does
not have any registration or other similar rights to have any Trust Units
registered for sale by the Company under the Registration Statement or included
in the offering contemplated by this Agreement.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Such Selling
Unitholder is not prompted to sell any Additional Units by any information
concerning the Company that is not set forth in the Registration Statement.</h2>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Expenses</u>.&#160; Whether or not the transactions contemplated
hereby are consummated or this Agreement becomes effective or is terminated,
the Company agrees to pay or cause to be paid the following: (i) the fees,
disbursements and expenses of the Company&#146;s counsel and accountants in
connection with the registration of the Units under the Act and all other
expenses in connection with the preparation, printing and filing of the
Registration Statement and the Prospectus and amendments and supplements
thereto and the mailing and delivering of copies thereof and of any Preliminary
Prospectus to the Underwriters and dealers; (ii) the printing and delivery
(including postage, air freight charges and charges for counting and packaging)
of such copies of the Registration Statement, the Prospectus, each Preliminary
Prospectus, the Time of Sale Information, the Blue Sky memoranda, the Master
Agreement Among Underwriters, this Agreement, the Selected Dealers Agreement
and all amendments or supplements to any of them, as may be reasonably
requested for use in connection with the offering and sale of the Units;
(iii)&nbsp;consistent with the provisions of Section 5.2(a), all expenses in
connection with the qualification of the Units for offering and sale under state
securities laws or Blue Sky laws, including reasonable attorneys&#146; fees and
out-of-pocket expenses of the counsel for the Underwriters in connection
therewith; (iv) the filing fees incident to securing any required review by the
NASD of the fairness of the terms of the sale of the Units and the reasonable
fees and disbursements of the Underwriters&#146; counsel relating thereto; (v) the
fees and expenses associated with listing the Units on the NYSE; (vi) the cost
of preparing unit certificates; (vii) the costs and charges of any transfer
agent or registrar; (viii) the cost of the tax stamps, if any, in connection
with the issuance and delivery of the Units to the respective Underwriters;
(ix) all other fees, costs and expenses referred to in Item 13 of the Registration
Statement; (x) the transportation, lodging, graphics and other expenses
incidental to the Company&#146;s preparation for and participation in the &#147;roadshow&#148;
for the offering contemplated hereby; and (xi) a structuring fee equal to
$750,000 to Raymond James &amp; Associates, Inc. for advisory services in
connection with the evaluation, analysis and structuring of the Trust (plus an
additional .5% of the aggregate public offering price of any Additional
Units).&#160; Except as provided in this
Section 7 and in Section 8 hereof, the Underwriters shall pay their own
expenses, including the fees and disbursements of their counsel.&#160; In addition, in the event that the proposed
offering is terminated for the reasons set forth in Section 5.1(i) hereof, the
Company agrees to reimburse the Underwriters as provided in Section 5.1(i).</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Indemnification
and Contribution</u>.&#160; Subject to the
limitations in this paragraph, the Company agrees to indemnify and hold
harmless you and each other Underwriter, the directors,</p>


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<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">officers, employees and
agents of each Underwriter, and each person, if any, who controls any
Underwriter within the meaning of Section 15 of the Act or Section 20 of the
Exchange Act from and against any and all losses, claims, damages, liabilities
and expenses, including reasonable costs of investigation and attorneys&#146; fees
and expenses (collectively, &#147;Damages&#148;) arising out of or based upon (i) any
untrue statement or alleged untrue statement of a material fact contained in
any Preliminary Prospectus, in the Registration Statement, the Time of Sale
Information, any Issuer Free Writing Prospectus or the Prospectus or in any
amendment or supplement thereto, or any omission or alleged omission to state
therein a material fact required to be stated therein or necessary to make the
statements therein (in the case of the Preliminary Prospectus, the Time of Sale
Information, any Issuer Free Writing Prospectus or the Prospectus, in the light
of the circumstances under which they were made) not misleading, except to the
extent that any such Damages arise out of or are based upon an untrue statement
or omission or alleged untrue statement or omission that has been made therein
or omitted therefrom in reliance upon and in conformity with the information
furnished in writing to the Company by or on behalf of any Underwriter through
you, or by or on behalf of the Selling Unitholders, as the case may be,
expressly for use in connection therewith or (ii) any inaccuracy in or breach
of the representations and warranties of the Company contained herein or any
failure of the Company to perform its obligations hereunder or under applicable
law; provided, however, that with respect to any untrue statement or omission
made in any Preliminary Prospectus, the indemnity agreement contained in this
paragraph shall not inure to the benefit of any Underwriter (or to the benefit
of any person controlling such Underwriter or to any officer, director,
employee or agent of any Underwriter) from whom the person asserting any such
Damages purchased the Units concerned if both (A) a copy of the Time of Sale
Information was not sent or given to such person at or prior to the written
confirmation of the sale of such Units to such person as required by the Act
and (B) the untrue statement or omission in the Preliminary Prospectus was
corrected in the Time of Sale Information.&#160;
This indemnification shall be in addition to any liability that the
Company may otherwise have.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Subject to the
limitations in this paragraph, each Selling Unitholder, severally and not jointly,
agrees to indemnify and hold harmless you and each other Underwriter, the
directors, officers, employees and agents of each Underwriter, and each person,
if any, who controls any Underwriter within the meaning of Section 15 of the
Act or Section 20 of the Exchange Act from and against any and all Damages
arising out of or based upon (i) any untrue statement or alleged untrue
statement of a material fact contained in any Preliminary Prospectus or in the
Registration Statement, the Time of Sale Information, any Issuer Free Writing
Prospectus or the Prospectus or in any amendment or supplement thereto, or any
omission or alleged omission to state therein a material fact required to be
stated therein or necessary to make the statements therein (in the case of the
Preliminary Prospectus, the Time of Sale Information, any Issuer Free Writing
Prospectus or the Prospectus, in the light of the circumstances under which
they were made) not misleading, except to the extent that any such Damages
arise out of or are based upon an untrue statement or omission or alleged
untrue statement or omission that has been made therein or omitted therefrom in
reliance upon and in conformity with the information not expressly relating to
the Selling Unitholder or the offering by them of their Additional Units or
furnished in writing to the Company by or on behalf of any Underwriter through
you expressly for use in connection therewith or (ii) any inaccuracy in or
breach of the representations and warranties of such Selling Stockholder
contained herein or any failure of such Selling Stockholder to perform its
obligations hereunder or under applicable law; provided, however, that with
respect to any</font></p>


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<p style="margin:0pt 0pt 12.0pt;text-indent:0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">untrue statement
or omission made in any Preliminary Prospectus, the indemnity agreement
contained in this paragraph shall not inure to the benefit of any Underwriter
(or to the benefit of any person controlling such Underwriter or to any
officer, director, employee or agent of any Underwriter) from whom the person
asserting any such Damages purchased the Additional Units concerned if both (A)
a copy of the Time of Sale Information was not sent or given to such person at
or prior to the written confirmation of the sale of such Additional Units to
such person as required by the Act and (B) the untrue statement or omission in
the Preliminary Prospectus was corrected in the Time of Sale Information.&#160; This indemnification shall be in addition to
any liability that any Selling Unitholder may otherwise have.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">If any action or claim
shall be brought against any Underwriter or any person controlling any
Underwriter in respect of which indemnity may be sought against the Company or
the Selling Unitholders, such Underwriter or such controlling person shall
promptly notify in writing the party(s) against whom indemnification is being
sought (the &#147;indemnifying party&#148; or &#147;indemnifying parties&#148;), and such
indemnifying party(s) shall assume the defense thereof, including the
employment of counsel reasonably acceptable to such Underwriter or such
controlling person and the payment of all reasonable fees of and expenses
incurred by such counsel.&#160; Such
Underwriter or any such controlling person shall have the right to employ
separate counsel in any such action and participate in the defense thereof, but
the fees and expenses of such counsel shall be at the expense of such
Underwriter or such controlling person, unless (i) the indemnifying party(s)
has (have) agreed in writing to pay such fees and expenses, (ii) the
indemnifying party(s) has (have) failed to assume the defense and employ
counsel reasonably acceptable to the Underwriter or such controlling person or
(iii) the named parties to any such action (including any impleaded parties)
include both such Underwriter or such controlling person and the indemnifying
party(s), and such Underwriter or such controlling person shall have been
advised by its counsel that one or more legal defenses may be available to the
Underwriter that may not be available to the Company or the Selling
Unitholders, or that representation of such indemnified party and any
indemnifying party(s) by the same counsel would be inappropriate under
applicable standards of professional conduct (whether or not such
representation by the same counsel has been proposed) due to actual or potential
differing interests between them (in which case the indemnifying party(s) shall
not have the right to assume the defense of such action on behalf of such
Underwriter or such controlling person (but the Company and the Selling
Unitholders, as applicable, shall not be liable for the fees and expenses of
more than one counsel for the Underwriters and such controlling persons)).&#160; It is understood that the indemnifying party
shall not, in respect of the legal expenses of the Underwriters and controlling
persons in connection with any proceeding or related proceedings in the same
jurisdiction, be liable for fees and expenses of more than one separate firm
(in addition to any local counsel) for all Underwriters and all controlling
persons.&#160; In the case of any such
separate firm for the Underwriters and such controlling persons, such firm
shall be designated in writing by the Representative.&#160; The indemnifying party(s) shall not be liable
for any settlement of any such action effected without its (their several) written
consent, but if settled with such written consent, or if there be a final
judgment for the plaintiff in any such action, the indemnifying party(s)
agree(s) to indemnify and hold harmless any Underwriter and any such
controlling person from and against any loss, claim, damage, liability or
expense by reason of such settlement or judgment, but in the case of a judgment
only to the extent stated in the first and second paragraph of this Section 8.</font></p>


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<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Each Underwriter agrees,
severally and not jointly, to indemnify and hold harmless the Company and the
Selling Unitholders, their respective directors, officers, managers or members
who sign the Registration Statement and any person who controls the Company or
the Selling Unitholders within the meaning of Section 15 of the Act or Section
20 of the Exchange Act, to the same extent as the foregoing several indemnity
from the Company and the Selling Unitholders to each Underwriter, but only with
respect to information furnished in writing by or on behalf of such Underwriter
through you expressly for use in the Registration Statement, the Prospectus,
the Time of Sale Information, any Issuer Free Writing Prospectus or any
Preliminary Prospectus, or any amendment or supplement thereto.&#160; If any action or claim shall be brought or
asserted against the Company or the Selling Unitholders, any of their
respective directors, officers, managers or members or any such controlling
person based on the Registration Statement, the Prospectus, the Time of Sale
Information or any Preliminary Prospectus, or any amendment or supplement
thereto, and in respect of which indemnity may be sought against any
Underwriter pursuant to this paragraph, such Underwriter shall have the rights
and duties given to the Company and the Selling Unitholders by the immediately
preceding paragraph (except that if the Company and the Selling Unitholders
shall have assumed the defense thereof such Underwriter shall not be required
to do so, but may employ separate counsel therein and participate in the defense
thereof, but the fees and expenses of such counsel shall be at such Underwriter&#146;s
expense), and the Company and the Selling Unitholders, their respective
directors, officers, managers or members and any such controlling persons,
shall have the rights and duties given to the Underwriters by the immediately
preceding and following paragraph.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">In any event, the Company
or the Selling Unitholders will not, without the prior written consent of the
Representative, settle, compromise or consent to the entry of any judgment in
any proceeding or threatened claim, action, suit or proceeding in respect of
which the indemnification may be sought hereunder (whether or not the
Representative or any person who controls the Representative within the meaning
of Section 15 of the Act or Section 20 of the Exchange Act is a party to such
claim, action, suit or proceeding) unless such settlement, compromise or
consent includes an unconditional release of all Underwriters and such
controlling persons from all liability arising out of such claim, action, suit
or proceeding.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">If the indemnification
provided for in this Section 8 is unavailable or insufficient for any reason
whatsoever to an indemnified party in respect of any Damages referred to
herein, then an indemnifying party, in lieu of indemnifying such indemnified
party, shall contribute to the amount paid or payable by such indemnified party
as a result of such Damages (i) in such proportion as is appropriate to reflect
the relative benefits received by the Company and the Selling Unitholders,
respectively, on the one hand, and the Underwriters, on the other hand, from
the offering and sale of the Units or (ii) if the allocation provided by clause
(i) above is not permitted by applicable law, in such proportion as is appropriate
to reflect not only the relative benefits referred to in clause (i) above but
also the relative and several fault of the Company and the Selling Unitholders,
respectively, on the one hand, and the Underwriters, on the other hand, in
connection with the statements or omissions that resulted in such Damages as
well as any other relevant equitable considerations.&#160; The relative and several benefits received by
the Company and the Selling Unitholders, respectively, on the one hand, and the
Underwriters, on the other hand, shall be deemed to be in the same proportion
as the total net proceeds from the offering (before deducting expenses)
received by the Company and the Selling Unitholders, as the case may be, bear
to the total underwriting discounts and commissions received by the</font></p>


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<p style="margin:0pt 0pt 12.0pt;text-indent:0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Underwriters, in
each case as set forth in the table on the cover page of the Prospectus (and
the relative and several benefits received by the Selling Unitholders shall be
deemed to be $0); provided that, in the event that the Underwriters shall have
purchased any Additional Units hereunder, any determination of the relative
benefits received by the Company and the Selling Unitholders or the
Underwriters from the offering of the Units shall include the net proceeds
(before deducting expenses) received by the Company and the Selling
Unitholders, and the underwriting discounts and commissions received by the
Underwriters, from the sale of such Additional Units, in each case computed on
the basis of the respective amounts set forth in the second table in the
section of the Prospectus entitled &#147;Underwriting.&#148;&#160; The relative fault of the Company and the
Selling Unitholders, respectively, on the one hand, and the Underwriters on the
other hand, shall be determined by reference to, among other things, whether
the untrue or alleged untrue statement of a material fact or the omission or
alleged omission to state a material fact relates to information supplied by
the Company or the Selling Unitholders, on the one hand, or by the
Underwriters, on the other hand and the parties&#146; relative intent, knowledge,
access to information and opportunity to correct or prevent such statement or
omission.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Company, the Selling
Unitholders and the Underwriters agree that it would not be just and equitable
if contribution pursuant to this Section 8 was determined by a pro rata
allocation (even if the Underwriters were treated as one entity for such
purpose) or by any other method of allocation that does not take into account
the equitable considerations referred to in the immediately preceding
paragraph.&#160; The amount paid or payable by
an indemnified party as a result of the Damages referred to in the immediately
preceding paragraph shall be deemed to include, subject to the limitations set
forth above, any legal or other expenses reasonably incurred by such
indemnified party in connection with investigating or defending any such action
or claim.&#160; Notwithstanding the provisions
of this Section 8, no Underwriter shall be required to contribute any amount in
excess of the amount of the underwriting commissions received by such
underwriter in connection with the Units underwritten by it and distributed to
the public.&#160; No person guilty of
fraudulent misrepresentation (within the meaning of Section 11(f) of the Act)
shall be entitled to contribution from any person who was not guilty of such
fraudulent misrepresentation.&#160; The
Underwriters&#146; obligations to contribute pursuant to this Section 8 are several
in proportion to the respective numbers of Firm Units set forth opposite their
names in Schedule I hereto (or such numbers of Firm Units increased as set
forth in Section 12 hereof) and not joint.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Notwithstanding the third
paragraph of this Section 8, any Damages for which an indemnified party is
entitled to indemnification or contribution under this Section 8 shall be paid
by the indemnifying party to the indemnified party as Damages are incurred
after receipt of reasonably itemized invoices therefor.&#160; The indemnity, contribution and reimbursement
agreements contained in this Section 8 and the several, and not joint,
representations and warranties of the Company and the Selling Unitholders set
forth in this Agreement shall remain operative and in full force and effect,
regardless of (i) any investigation made by or on behalf of any Underwriter or
any person controlling any Underwriter, the Company, the Selling Unitholders,
their respective directors, officers, managers or members or any person
controlling the Company or the Selling Unitholders, (ii) acceptance of any
Units and payment therefor hereunder and (iii) any termination of this
Agreement.&#160; A successor to any
Underwriter or any person controlling any Underwriter, or to the Company or the
Selling Unitholders, their respective directors, officers, managers or members
or any person controlling the Company or</font></p>


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<p style="margin:0pt 0pt 12.0pt;text-indent:0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">the Selling
Unitholders, shall be entitled to the benefits of the indemnity, contribution
and reimbursement agreements contained in this Section 8.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">It is agreed that any
controversy arising out of the operation of the interim reimbursement
arrangements set forth in the third paragraph of this Section 8, including the
amounts of any requested reimbursement payments and the method of determining
such amounts, shall be settled by arbitration conducted pursuant to the Code of
Arbitration Procedure of the NASD.&#160; Any
such arbitration must be commenced by service of a written demand for
arbitration or written notice of intention to arbitrate, therein electing the
arbitration tribunal.&#160; In the event the
party demanding arbitration does not make such designation of an arbitration
tribunal in such demand or notice, then the party responding to said demand or
notice is authorized to do so.&#160; Such
arbitration would be limited to the operation of the interim reimbursement
provisions contained in the third and fifth paragraphs of this Section 8, and
would not resolve the ultimate propriety or enforceability of the obligation to
reimburse expenses that is created by the provisions of the third paragraph of
this Section 8.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">9.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Conditions of Underwriters&#146;
Obligations</u>. The several obligations of the Underwriters to purchase the
Firm Units hereunder are subject to the following conditions:</p>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Registration
Statement shall have become effective not later than 4:00&nbsp;p.m., New York
City time, on the date hereof, or at such later date and time as shall be
consented to in writing by the Representative, and all filings required by
Rules 424(b), 430A and 462 under the Act shall have been timely made.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>All corporate
proceedings and other legal matters incident to the authorization, form and
validity of this Agreement, the Organizational Trust Agreement, the Trust
Agreement, the Administrative Services Agreement, the Conveyance, the
Registration Statement and the Prospectus, and all other legal matters relating
to this Agreement and the transactions contemplated hereby shall be reasonably
satisfactory in all material respects to counsel for the Underwriters, and the
Company shall have furnished to such counsel all documents and information that
they may reasonably request to enable them to pass upon such matters.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>You shall be reasonably
satisfied that since the respective dates as of which information is given in
the Registration Statement, the Time of Sale Information and Prospectus, (i)
except as set forth or contemplated by the Time of Sale Information and the
Prospectus, there shall not have been any change in the Trust Units or any
material change in the indebtedness (other than in the ordinary course of
business) of the Company, (ii) except as set forth or contemplated by the Time
of Sale Information and the Prospectus, no material oral or written agreement
or other transaction shall have been entered into by the Company or the Trust
that is not in the ordinary course of business or that could reasonably be
expected to result in a material reduction in the future earnings of the Trust,
(iii) no loss or damage (whether or not insured) to the property of the Company
shall have been sustained that had or could reasonably be expected to have a
Material Adverse Effect or have a material adverse effect on the Subject
Interests, (iv) no legal or governmental action, suit or proceeding affecting
the Company or any of its properties that is material to the Company or that
affects or could reasonably be expected to affect the transactions contemplated
by this Agreement shall have been instituted or threatened</h2>


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<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">and (v) there shall not have
been any material change in the condition (financial or otherwise), business,
management, results of operations or prospects of the Company that makes it
impractical or inadvisable in your judgment to proceed with the public offering
or purchase of the Units as contemplated hereby.</font></h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>You shall have received
on the Closing Date (and the Additional Closing Date, if any) an opinion of
Dorsey &amp; Whitney (Delaware) LLP, special Delaware counsel to the Trust,
substantially to the effect that:</h2>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Trust has been duly created and is
validly existing in good standing as a statutory trust under the Delaware
Statutory Trust Act, 12 <i>Del. C</i>. &#167; 3801 <i>et seq</i>. (the &#147;DST Act&#148;).&#160;
The Trust has the statutory trust power and authority under the DST Act
and the Trust Agreement to own property and conduct its business as described
in the Registration Statement and the Prospectus (and any amendment or
supplement thereto), and to execute and deliver the Trust Units and perform its
obligations thereunder.&#160; The Trust Units
have been duly authorized for issuance by the Trust Agreement and, upon (a)
receipt of the consideration for the Trust Units by the Trust and (b) the entry
of a notation in an ownership ledger maintained by the Trustee for the purpose
of evidencing the ownership of the Trust Units pursuant to Section 4.01 of the
Trust Agreement, all as described in the Registration Statement, the Trust
Units issued to the Company will constitute valid, fully paid and
non-assessable beneficial interests in the assets of the Trust, entitled to the
benefits of the Trust Agreement.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>No consent, approval, authorization or other
order of, or registration or filing with (each, a &#147;Consent&#148;), any Delaware
court or Delaware governmental authority or agency is required on the part of
the Trust under Delaware law for the valid issuance of the Units to the Company
or the execution, delivery and performance of this Agreement.</h3>

<p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">In rendering such
opinion, counsel may rely, to the extent they deem such reliance proper, as to
matters of fact upon certificates of officers of the Company and of government
officials, provided that counsel shall state their belief that they and you are
justified in relying thereon.&#160; Copies of
all such certificates shall be furnished to you and your counsel on the Closing
Date and the Additional Closing Date, as the case may be.</font></p>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>You shall have received
on the Closing Date (and the Additional Closing Date, if any) an opinion of
Foulston Siefkin LLP, Kansas counsel to the Company, substantially to the
effect that:</h2>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company has all requisite limited
liability company power and authority to enter into this Agreement, the
Organizational Trust Agreement, the Trust Agreement and the Administrative
Services Agreement and to sell and deliver the Firm Units to be sold by it to
the Underwriters as provided herein.&#160;
Each of this Agreement, the Organizational Trust Agreement, the Trust
Agreement and the Administrative Services Agreement has been duly authorized,
executed and delivered by the Company.&#160;
Each of the Organizational Trust Agreement, the Trust Agreement and the
Administrative Services Agreement is a valid and binding agreement of the
Company, enforceable</h3>


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<h3 style="font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">against the Company in accordance with its
terms, except as to the extent enforceability may be limited by (A) the
application of bankruptcy, reorganization, insolvency or other laws affecting
creditors&#146; rights generally and (B) equitable principles being applied at the
discretion of a court before which any proceeding may be brought, and except as
rights to indemnity and contribution hereunder may be limited by federal or
state securities laws.</font></h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Selling Unitholders have all requisite
limited liability company power and authority to enter into this Agreement and
to sell and deliver the Additional Units to be sold by them to the Underwriters
as provided herein.&#160; This Agreement has
been duly authorized, executed and delivered by, and is a valid and binding
agreement of, the Selling Unitholders enforceable against the Selling
Unitholders in accordance with its terms, except to the extent enforceability
may be limited by (A)&nbsp;bankruptcy, reorganization, insolvency or other laws
affecting enforcement of creditors&#146; rights generally and (B) equitable
principles being applied at the discretion of a court before which any
proceeding may be brought, and except as to indemnity and contribution
hereunder may be limited by federal or state securities laws.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company is a limited liability company
validly existing in good standing under the laws of the State of Kansas, with
full limited liability company power and authority to conduct its business as
described in the Registration Statement and the Prospectus (and any amendment
or supplement thereto).&#160; The Trust is
duly qualified to conduct its business as a foreign statutory trust and is in
good standing in the State of Kansas.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iv)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>To the knowledge of such counsel after
reasonable inquiry, the Company is not in violation of its certificate or
articles of organization or other organizational documents or agreements, and
is not in default in the performance of any obligation, agreement or condition
contained in any bond, indenture, note or other evidence of indebtedness or any
other agreement or obligation of the Company (as identified by the Company to
such counsel and listed in an exhibit to such opinion) where the default would
have, individually or in the aggregate, a Material Adverse Effect.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(v)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>None of (i) the offer, sale or delivery of
the Firm Units by the Company, (ii) the execution, delivery or performance by
the Company of this Agreement, the Organizational Trust Agreement, the Trust
Agreement or the Administrative Services Agreement or (iii) the consummation by
the Company of the transactions contemplated hereby (A) conflicts or will
conflict with the articles of organization or operating agreement the Company,
(B) constitutes or will constitute a breach of, or a default under, or any
material agreement, indenture, lease or other instrument to which the Company
is a party or by which any of its properties is bound (as identified by the
Company to such counsel and listed in an exhibit to such opinion) or (C)
violates or will result in any violation of the laws of the State of Kansas,
except in the case of clauses (B) and (C) for any breach, default or violation
that would not reasonably be expected to have a Material Adverse Effect;
provided, however, that for purposes of this Section 9(e)(v), such counsel need
not express any opinion with respect to federal or state securities laws or
other antifraud laws.</h3>


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<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(vi)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>None of (i) the offer, sale or delivery of
the Additional Units by the Selling Unitholders, (ii) the execution, delivery
or performance by the Selling Unitholders of this Agreement or (iii) the
consummation by the Selling Unitholders of the transactions contemplated hereby
(A) conflicts or will conflict with the articles of organization or operating
agreement of the Selling Unitholders, (B) constitutes or will constitute a
breach of or a default under any material agreement, indenture, lease or other
instrument to which such Selling Unitholders are parties or by which any of
their properties is bound (as identified by the Selling Unitholders to such
counsel and listed in an exhibit to such opinion) or (C) violates or will
result in any violation of the laws of the State of Kansas, except in the case
of clauses (B) and (C) for any breach, default or violation that would not reasonably
be expected to have a material adverse effect on the Selling Unitholders;
provided, however, that for purposes of this Section 9(e)(vi), such counsel
need not express any opinion with respect to federal or state securities laws
or other antifraud laws.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(vii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Conveyance has been duly authorized and
when duly executed by the proper officers, managers or members of the Company
and delivered by the Company to the Trust, will constitute valid and binding
agreements of the Company enforceable against the Company in accordance with
its terms, except as such enforceability may be limited by (A) the application
of bankruptcy, reorganization, insolvency or other laws affecting creditors&#146;
rights generally and (B) equitable principles being applied at the discretion
of a court before which any proceeding may be brought; the form of the
Conveyance to be filed is adequate and sufficient under the laws of the State
of Kansas to transfer title to the Net Profits Interest to the Trust and
complies with the laws of the State of Kansas relating to recording, filing and
registration laws and regulations; the recording of the Conveyance in the
appropriate real property records in each county in the State of Kansas where
the Subject Interests are located is sufficient to provide the Trust the
protections afforded under the recordation laws of the State of Kansas against
purchasers or creditors of the Company subsequently acquiring interests in the
Subject Interests, and such purchasers and creditors of the Company will be deemed
to purchase with notice of, and subject to, such Net Profits Interest and the
Conveyance and the related Net Profits Interest should not constitute executory
contracts as such term is used in the federal bankruptcy code.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(viii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Trustee is not required to qualify to
transact business or appoint an agent for service of process in the State of
Kansas solely as a result of the activities of the Trustee with respect to the
Trust, and the activities of the Trustee pursuant to the Trust Agreement will not
require the appointment of an ancillary trustee in the State of Kansas.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ix)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>A beneficial owner of a Trust Unit will not
be subject to personal liability under state and local laws in the State of
Kansas by virtue of said ownership, including liability regulating the
discharge of materials into the environment or otherwise relating to the
protection of the environment.</h3>


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<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(x)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The execution, delivery and performance by
the Trustee of the Trust Agreement will not violate or conflict with any law,
administrative ruling or regulation of the State of Kansas.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(xi)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>No consent, approval, authorization or
filing is required under any law, rule or regulation of the State of Kansas (A)
to permit the Trustee to act as trustee with respect to the Net Profits
Interest or (B) in connection with the execution and delivery of the
Conveyance, or is necessary to ensure the validity, legality or enforceability
of the Conveyance.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(xii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The statements (A) in the Time of Sale
Information and the Prospectus under the subcaptions &#147;Net Profits Interest&#148; and
&#147;Additional Provisions,&#148; each of which are located under the caption &#147;Computation
of Net Proceeds&#148; and (B) in Item 14 of the Registration Statement, in each case
insofar as such statements constitute a description of Company contracts, the
Company&#146;s articles of organization and operating agreement or legal proceedings
or refer to statements of Kansas law or legal conclusions, have been reviewed
by such counsel and are accurate descriptions in all material respects of the
legal matters described therein.</h3>

<p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">In rendering such
opinion, counsel may rely, to the extent they deem such reliance proper, as to
matters of fact upon certificates of officers of the Company and of government
officials, provided that counsel shall state their belief that they and you are
justified in relying thereon.&#160; Copies of
all such certificates shall be furnished to you and your counsel on the Closing
Date and the Additional Closing Date, as the case may be.</font></p>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(f)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>You shall have
received on the Closing Date (and the Additional Closing Date, if any) an
opinion of Davis, Graham &amp; Stubbs LLP, Colorado counsel to the Company,
substantially to the effect that:</h2>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The form of the Conveyance to be filed is
adequate and sufficient under the laws of the State of Colorado to transfer
title to the Net Profits Interest to the Trust and complies with the laws of
the State of Colorado relating to recording, filing and registration laws and
regulations; if the Net Profits Interest is treated as a real property interest
under the laws of the State of Colorado, then the recording of the Conveyance
in the appropriate real property records in each county in the State of
Colorado where the Subject Interests are located is sufficient to provide the
Trust the protections afforded under the recordation laws of the State of
Colorado against purchasers or creditors of the Company subsequently acquiring
interests in the Subject Interests, and such purchasers and creditors of the
Company will be deemed to purchase with notice of, and subject to, such Net
Profits Interest and the Conveyance and the related Net Profits Interest should
not constitute executory contracts as such term is used in the federal
bankruptcy code; the Company is not required to make any recordings or filings
of the Conveyance under the laws of the State of Colorado other than those
recordings or filings described in the immediately preceding clause.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Neither the Trust nor the Trustee is
required to qualify to transact business or appoint an agent for service of
process in the State of Colorado as a result of</h3>


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<h3 style="font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">the ownership, operation or activities of the
Trust or the Trustee with respect to the Trust, and the activities of the
Trustee pursuant to the Trust Agreement will not require the appointment of an
ancillary trustee in the State of Colorado.</font></h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>A beneficial owner of a Trust Unit will not
be subject to personal liability under state and local laws in the State of
Colorado by virtue of said ownership, including liability regulating the
discharge of materials into the environment or otherwise relating to the
protection of the environment.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iv)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The execution, delivery and performance by
the Trustee of the Trust Agreement will not violate or conflict with any law,
administrative ruling or regulation of the State of Colorado.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(v)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>No consent, approval, authorization or
filing is required under any law, rule or regulation of the State of Colorado
(A) to permit the Trustee to act as trustee with respect to the Net Profits
Interest or (B) in connection with the execution and delivery of the
Conveyance, or is necessary to ensure the validity, legality or enforceability
of the Conveyance.</h3>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">In rendering such
opinion, counsel may rely, to the extent they deem such reliance proper, as to
matters of fact upon certificates of officers of the Company and of government
officials, provided that counsel shall state their belief that they and you are
justified in relying thereon.&#160; Copies of
all such certificates shall be furnished to you and your counsel on the Closing
Date and the Additional Closing Date, as the case may be.</font></p>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(g)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>You shall have received
on the Closing Date (and the Additional Closing Date, if any) an opinion of
Vinson &amp; Elkins L.L.P., counsel to the Company, substantially to the effect
that:</h2>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>No Consent of any Texas or federal court,
regulatory body, administrative agency or other governmental body, agency or
official having jurisdiction over the Company or any of its properties is
required on the part of the Company for the valid sale of the Firm Units to the
Underwriters under this Agreement, the execution, delivery and performance of
this Agreement, the Organizational Trust Agreement, the Trust Agreement or the
Administrative Services Agreement or the consummation of the transactions
contemplated hereby and thereby, except for such Consents (i) as required under
the Act or the Exchange Act and the rules and regulations thereunder and state
securities or &#147;Blue Sky&#148; laws or under the rules and regulations of the NASD,
as to which such counsel need not express an opinion, (ii) which have been, or
prior to the Closing Date will be, obtained, and (iii) which, if not obtained,
would not, individually or in the aggregate, have a Material Adverse Effect.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>No Consent of any Texas or federal court,
regulatory body, administrative agency or other governmental body, agency or
official having jurisdiction over the Selling Unitholders or any of their
respective properties is required on the part of the Selling Unitholders for
the valid sale of the Additional Units to the Underwriters under this
Agreement, the execution, delivery and performance of this Agreement, or the</h3>


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<h3 style="font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">consummation of the transactions contemplated
hereby, except for such Consents (i) as required under the Act or the Exchange
Act and the rules and regulations thereunder and state securities or &#147;Blue Sky&#148;
laws or under the rules and regulations of the NASD, as to which such counsel
need not express an opinion, (ii) which have been, or prior to the Closing Date
will be, obtained, and (iii) which, if not obtained, would not, individually or
in the aggregate, have a material adverse effect on the Selling Unitholders.</font></h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>None of (i) the offer, sale or delivery of
the Firm Units by the Company, (ii) the execution, delivery or performance by
the Company of this Agreement, the Organizational Trust Agreement, the Trust
Agreement or the Administrative Services Agreement, or (iii) the consummation
by the Company of the transactions contemplated hereby, (A) constitutes or will
constitute a breach of, or a default under, any material agreement, indenture,
lease or other instrument to which the Company is a party or by which any of
its properties is bound (as identified by the Company to such counsel and
listed in an exhibit to such opinion), or (B) violates or will result in any violation
of the laws of the State of Texas or federal law, except in all cases for any
breach, default or violation that would not reasonably be expected to have a
Material Adverse Effect; provided, however, that for purposes of this Section
9(g)(iii), such counsel need not express any opinion with respect to federal or
state securities laws or other antifraud laws.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iv)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>None of (i) the offer, sale or delivery of
the Additional Units by the Selling Unitholders, (ii) the execution, delivery
or performance by the Selling Unitholders of this Agreement, or (iii) the
consummation by the Selling Unitholders of the transactions contemplated
hereby, (A) constitutes or will constitute a breach of, or a default under, any
material agreement, indenture, lease or other instrument to which the Selling
Unitholders are a party or by which any of their respective properties is bound
(as identified by the Selling Unitholders to such counsel and listed in an
exhibit to such opinion), or (B) violates or will result in any violation of
the laws of the State of Texas or federal law, except in all cases for any
breach, default or violation that would not reasonably be expected to have a
material adverse effect on the Selling Unitholders; provided, however, that for
purposes of this Section 9(g)(iv), such counsel need not express any opinion
with respect to federal or state securities laws or other antifraud laws.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(v)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>To such counsel&#146;s knowledge, there is no
agreement, contract, indenture, lease or other instrument to which the Company
or the Trust is a party that is required to be described in the Registration
Statement or the Prospectus or to be filed as an exhibit to the Registration
Statement that is not described or filed as required by the Securities Act.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(vi)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Registration Statement has been declared
effective by the Commission under the Act.&#160;
To the knowledge of such counsel, no stop order suspending the
effectiveness of the Registration Statement has been issued under the Act and
no proceedings for such purpose have been instituted or are pending or
threatened by the Commission.&#160; Any
required filing of the Prospectus and any supplement thereto pursuant</h3>


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<h3 style="font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to Rule 424(b) under the Act has been made in
the manner and within the time period required by such Rule 424(b).</font></h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(vii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Registration Statement, including any Rule
462 Registration Statement, the Prospectus and each amendment or supplement to
the Registration Statement and the Prospectus, as of their respective effective
or issue dates (except for the financial statements and notes and the schedules
thereto and the auditor&#146;s report thereon, the oil and gas reserve data and the
other financial, statistical and accounting data included therein or in
exhibits to or excluded from the Registration Statement, as to which such counsel
need not express any opinion) each appear on its face to comply as to form in
all material respects with the requirements of the Act.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(viii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company is not an &#147;investment company&#148; as
such term is defined in the Investment Company Act of 1940, as amended.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ix)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Units have been approved for listing on
the New York Stock Exchange.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(x)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The statements (A) in the Time of Sale
Information and the Prospectus under the captions &#147;The Trust,&#148; &#147;Computation of
Net Proceeds,&#148; &#147;Description of the Trust Agreement,&#148; &#147;Description of the Trust
Units,&#148; &#147;Federal Income Tax Considerations,&#148; &#147;State Tax Considerations&#148; and &#147;ERISA
Considerations&#148; and (B) in Item 15 of the Registration Statement, insofar as
such statements constitute a description of contracts or legal proceedings or
refer to statements of law or legal conclusions, have been reviewed by such
counsel and are accurate descriptions in all material respects of the legal
matters described therein.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(xi)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Assuming the purchase of the Additional
Units by the Selling Unitholders as described in the Prospectus, the Additional
Units are fungible, for federal income tax purposes, with the Firm Units.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(xii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Upon the registration by American Stock
Transfer &amp; Trust Company (acting as transfer agent for the Trust) (the &#147;Transfer
Agent&#148;) of the Firm Units in the name of Cede &amp; Co. (as nominee for DTC) as
the owner of such Firm Units, the crediting by DTC (acting in its capacity as a
&#147;securities intermediary&#148; within the meaning of Section 8-102(a)(14) of the
Uniform Commercial Code of the State of New York (the &#147;NYUCC&#148;)) by means of
book entry of the Firm Units to the securities accounts (within the meaning of
Section 8-501(a) of the NYUCC) of the Underwriters maintained with DTC (the &#147;Securities
Accounts&#148;), and the payment of the purchase price for the Firm Units pursuant
to this Agreement, and assuming that neither DTC nor any Underwriter has notice
of any &#147;adverse claim&#148; (within the meaning of Section 8-105 of the NYUCC), each
of the Underwriters will acquire a valid &#147;security entitlement&#148; (within the
meaning of Section 8-102(a)(17) of the NYUCC) to the Firm Units so credited to
such Underwriter&#146;s Securities Account, free of any &#147;adverse claim&#148; (within the
meaning of Section 8-105 of the NYUCC) to the securities underlying such
security entitlement, whether framed in conversion, replevin, constructive
trust, equitable lien, or other theory.</h3>


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<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(xiii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Upon the registration by the Transfer Agent of
the Additional Units in the name of Cede &amp; Co. (as nominee for DTC) as the
owner of such Additional Units, the crediting by DTC (acting in its capacity as
a &#147;securities intermediary&#148; within the meaning of Section 8-102(a)(14) of the
NYUCC) by means of book entry of the Additional Units to the Securities
Accounts, and the payment of the purchase price for the Additional Units
pursuant to this Agreement, and assuming that neither DTC nor any Underwriter
has notice of any &#147;adverse claim&#148; (within the meaning of Section 8-105 of the
NYUCC), each of the Underwriters will acquire a valid &#147;security entitlement&#148;
(within the meaning of Section 8-102(a)(17) of the NYUCC) to the Additional
Units so credited to such Underwriter&#146;s Securities Account, free of any &#147;adverse
claim&#148; (within the meaning of Section 8-105 of the NYUCC) to the securities
underlying such security entitlement, whether framed in conversion, replevin,
constructive trust, equitable lien, or other theory.</h3>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">In rendering such
opinion, counsel may rely, to the extent they deem such reliance proper, as to
matters of fact upon certificates of officers of the Company and of government
officials, provided that counsel shall state their belief that they and you are
justified in relying thereon.&#160; Copies of
all such certificates shall be furnished to you and your counsel on the Closing
Date and the Additional Closing Date, as the case may be.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">In addition to the
opinion set forth above, such counsel shall state that such counsel has
participated in conferences with officers and other representatives of the
Company and the Selling Unitholders, with representatives of the independent
accountants of the Company, and with representatives of and counsel for the
Underwriters, at which the contents of the Registration Statement and the
Prospectus were discussed, and although such counsel did not independently
verify such information, and is not passing upon and does not assume any
responsibility for, the accuracy, completeness or fairness of the statements
contained in the Registration Statement or Prospectus (except to the extent set
forth in paragraph (x) above), on the basis of the foregoing, no facts have
come to such counsel&#146;s attention that lead such counsel to believe that (i) the
Registration Statement (except for the financial statements and schedules, the
notes thereto and the auditors&#146; reports thereon, the oil and gas reserve data,
the other financial, statistical and accounting data included therein or
omitted therefrom and the exhibits thereto, as to which such counsel has not
been asked to comment), as of the Effective Date, contained an untrue statement
of a material fact or omitted to state a material fact required to be stated
therein or necessary to make the statements therein not misleading, (ii) the
Time of Sale Information (except for the financial statements and schedules,
the notes thereto and the auditors&#146; reports thereon, the oil and gas reserve
data, the other financial, statistical and accounting data included therein or
omitted therefrom and the exhibits thereto, as to which such counsel has not
been asked to comment), as of the Time of Sale, contained an untrue statement
of a material fact or omitted to state a material fact required to be stated
therein or necessary to make the statements therein, in the light of the
circumstances under which they were made, not misleading and (iii) the
Prospectus (except for the financial statements and schedules, the notes
thereto and the auditors&#146; reports thereon, the oil and gas reserve data, the
other financial, statistical and accounting data included therein or omitted
therefrom and the exhibits thereto, as to which such counsel has not been asked
to comment), as of its issue date and as of the Closing Date or the Additional
Closing Date, as the case may be, contained or contains an untrue statement of
a material fact or omitted or omits to state a material fact required to be
stated therein or necessary</font></p>


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<p style="margin:0pt 0pt 12.0pt;text-indent:0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to make the
statements therein, in the light of the circumstances under which they were
made, not misleading.</font></p>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(h)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>You shall have received
on the Closing Date or Additional Closing Date, as the case may be, an opinion
of Baker Botts L.L.P., as counsel for the Underwriters, dated the Closing Date
or Additional Closing Date, as the case may be, with respect to the sale of the
Units, the Registration Statement and other related matters as you may reasonably
request, and the Company and its counsel shall have furnished to your counsel
such documents as they may reasonably request for the purpose of enabling them
to pass upon such matters.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>You shall have
received on the Closing Date or Additional Closing Date, as the case may be, a
certificate of the Trustee, dated the Closing Date or Additional Closing Date,
as the case may be, executed by a duly authorized officer of the Trustee,
representing and warranting to each of the Underwriters that:</h2>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Trustee is a national banking
association authorized and empowered to act as trustee of the Trust pursuant to
the Trust Agreement, and no consent, approval, authorization or filing is
required under any law, rule or regulation of the State of Delaware or of the
United States of America in order to permit the Trustee to act as trustee of
the Trust;</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Trust Agreement has been executed and
delivered by the Trustee and, assuming the due authorization, execution and
delivery thereof by the Company and the Delaware Trustee, is a valid and
binding obligation of the Trustee, enforceable against the Trustee in
accordance with its terms, except as the enforceability thereof may be limited
by (A) the application of bankruptcy, reorganization, insolvency or other laws
affecting creditors&#146; rights generally and (B) equitable principles being
applied at the discretion of a court before which any proceeding may be
brought; and the Conveyance has been duly and validly executed by the Trustee;
and</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>There are 11,500,000 Trust Units authorized
and outstanding under the Trust Agreement, all of which have been duly and
validly issued in accordance with the Trust Agreement; and holders of the Trust
Units are entitled to the benefits of the Trust Agreement.</h3>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(j)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>You shall have
received letters addressed to you and dated the date hereof and the Closing
Date or the Additional Closing Date, as the case may be, from the firm of Grant
Thornton LLP, independent certified public accountants, substantially in the
forms heretofore approved by you.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(k)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>No stop order
suspending the effectiveness of the Registration Statement shall have been
issued by the Commission and no proceedings for that purpose shall be pending
or, to the knowledge of the Company, shall be threatened or contemplated by the
Commission at or prior to the Closing Date or Additional Closing Date, as the
case may be; (ii) no order suspending the effectiveness of the Registration
Statement or the qualification or registration of the Units under the
securities or Blue Sky laws of any jurisdiction shall be in effect and no
proceeding for such purpose shall be pending or, to the knowledge of the
Company, threatened</h2>


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<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">or contemplated by the
authorities of any jurisdiction; (iii) any request for additional information
on the part of the staff of the Commission or any such authorities shall have
been complied with to the satisfaction of the staff of the Commission or such
authorities; (iv) after the date hereof, no amendment or supplement to the
Registration Statement or the Prospectus shall have been filed unless a copy
thereof was first submitted to you and you did not object thereto in good
faith; and (v) all of the representations and warranties of the Company
contained in this Agreement shall be true and correct in all material respects
(except for such representations and warranties qualified by materiality, which
representations and warranties shall be true and correct in all respects) on
and as of the date hereof and on and as of the Closing Date or Additional
Closing Date, as the case may be, as if made on and as of the Closing Date or
Additional Closing Date, as the case may be, and you shall have received a
certificate, dated the Closing Date or the Additional Closing Date, as the case
may be, and signed by the managing member of the Company to the effect set
forth in this Section 9(k) and in Sections 9(c) and 9(l) hereof (to the extent
that Section&nbsp;9(l) relates to the Company).</font></h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(l)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Neither the Company
nor the Trust shall have failed in any material respect at or prior to the
Closing Date or the Additional Closing Date, as the case may be, to have
performed or complied with any of its agreements herein contained and required
to be performed or complied with by it hereunder at or prior to the Closing
Date or Additional Closing Date, as the case may be.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(m)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Company shall have
furnished or caused to have been furnished to you such further certificates and
documents as you shall have reasonably requested.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(n)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>At or prior to the
effective date of the Registration Statement, you shall have received a letter
from the Corporate Financing Department of the NASD confirming that such
Department has determined to raise no objections with respect to the fairness
or reasonableness of the underwriting terms and arrangements of the offering
contemplated hereby.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(o)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>You shall have received
letters addressed to you and dated the Closing Date or the Additional Closing
Date, as the case may be, from Cawley Gillespie stating the conclusions and
findings of such firm with respect to oil and gas reserves of the Company,
substantially in the form approved by you.</h2>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">All such opinions,
certificates, letters and other documents will be in compliance with the
provisions hereof only if they are reasonably satisfactory in form and
substance to you and your counsel.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The several obligations
of the Underwriters to purchase Additional Units hereunder are subject to the
satisfaction on and as of the Additional Closing Date of the conditions set
forth in this Section 9, except that, if the Additional Closing Date is other
than the Closing Date, the certificates, opinions and letters referred to in
this Section 9 shall be dated as of the Additional Closing Date and the
opinions called for by paragraphs (c), (d), (e) and (f) shall be revised to
reflect the sale of Additional Units.&#160;
The Underwriters acknowledge and agree that the opinions set forth in
Sections 9(d)(i), 9(d)(v), 9(e)(i) and 9(e)(iii) shall be required to be
delivered only on the Closing Date and, unless the Additional Closing Date is
the same as the Closing Date, not on the Additional Closing Date and that the
opinions set forth in Sections 9(d)(ii), 9(d)(vi), 9(e)(ii)</font></p>


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<p style="margin:0pt 0pt 12.0pt;text-indent:0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">and 9(e)(iv) shall
be required to be delivered only on the Additional Closing Date and, unless the
Closing Date is the same as the Additional Closing Date, not on the Closing
Date.&#160; In addition, the several
obligations of the Underwriters to purchase Additional Units hereunder are
subject to the receipt of a certificate dated the Additional Closing Date from
each Selling Unitholder to the effect that, as of the Additional Closing Date:
(i) the representations and warranties made by such Selling Unitholders herein
are true and correct in all material respect and (ii) such Selling Unitholder
has complied with all obligations and satisfied all conditions that are
required to be performed or satisfied on its part at or prior to the Additional
Closing Date.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">If any of the conditions
hereinabove provided for in this Section 9 shall not have been satisfied when
and as required by this Agreement, this Agreement may be terminated by you by
notifying the Company of such termination in writing at or prior to such
Closing Date, but you shall be entitled to waive any of such conditions.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Effective Date of
Agreement</u>.&#160; This Agreement shall
become effective upon the later of (a) the execution and delivery hereof by the
parties hereto and (b) release of notification of the effectiveness of the
Registration Statement by the Commission; provided, however, that the
provisions of Sections 7 and 8 shall at all times be effective.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Use of Free Writing
Prospectus</u>.&#160; Each Underwriter
severally covenants with the Company that it has not made and will not make any
offer relating to the Units that would constitute a &#147;free writing prospectus,&#148;
as defined in Rule 405 under the Act, required to be filed with the Commission
without the consent of the Company, not to be unreasonably withheld, other than
any such offer included in an Issuer Free Writing Prospectus.&#160; The Company covenants with the Underwriters
that it has not made and will not make any offer relating to the Units that
would constitute a &#147;free writing prospectus,&#148; as defined in Rule 405 under the
Act, required to be filed with the Commission without the consent of the
Representative, not to be unreasonably withheld, other than any such offer
included in an Issuer Free Writing Prospectus included in the Time of Sale
Information.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">12.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Defaulting
Underwriters</u>.&#160; If any one or more of
the Underwriters shall fail or refuse to purchase Firm Units that it or they
have agreed to purchase hereunder, and the aggregate number of Firm Units that
such defaulting Underwriter or Underwriters agreed but failed or refused to
purchase is not more than one-tenth of the aggregate number of the Firm Units,
each non-defaulting Underwriter shall be obligated, severally, in the
proportion in which the number of Firm Units set forth opposite its name in
Schedule I hereto bears to the aggregate number of Firm Units set forth
opposite the names of all non-defaulting Underwriters or in such other
proportion as you may specify in the Agreement Among Underwriters, to purchase
the Firm Units that such defaulting Underwriter or Underwriters agreed, but
failed or refused to purchase.&#160; If any
Underwriter or Underwriters shall fail or refuse to purchase Firm Units and the
aggregate number of Firm Units with respect to which such default occurs is
more than one-tenth of the aggregate number of Firm Units and arrangements
satisfactory to you and the Company for the purchase of such Firm Units are not
made within 48 hours after such default, this Agreement will terminate without
liability on the part of any non-defaulting Underwriter, the Company or any
Selling Unitholder.&#160; In any such case
that does not result in termination of this Agreement, either you or the
Company shall have the right to postpone the Closing Date, but in no event for
longer than seven (7) days, in order that the required changes, if any, in the</p>


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<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Registration Statement
and the Prospectus or any other documents or arrangements may be effected.&#160; Any action taken under this paragraph shall
not relieve any defaulting Underwriter from liability in respect of any such
default of any such Underwriter under this Agreement.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">13.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Termination of
Agreement</u>.&#160; This Agreement shall be
subject to termination in your absolute discretion, without liability on the
part of any Underwriter to the Company by notice to the Company, if prior to
the Closing Date or the Additional Closing Date (if different from the Closing
Date and then only as to the Additional Units), as the case may be, in your
sole judgment, (i) trading in the Trust Units shall have been suspended by the
Commission or the NYSE, (ii) trading in securities generally on the NYSE or
NASDAQ shall have been suspended or materially limited, or minimum or maximum
prices shall have been generally established on such exchange, or additional
material governmental restrictions, not in force on the date of this Agreement,
shall have been imposed upon trading in securities generally by any such
exchange or by order of the Commission or any court or other governmental
authority, (iii) a general moratorium on commercial banking activities shall
have been declared by either federal or New York State authorities or (iv)
there shall have occurred any outbreak or escalation of hostilities or other
international or domestic calamity, crisis or change in political, financial or
economic conditions or other material event the effect of which on the
financial markets of the United States is such as to make it, in your judgment,
impracticable or inadvisable to market the Units or to enforce contracts for
the sale of the Units.&#160; Notice of such
cancellation shall be promptly given to the Company and its counsel by
telegraph, telecopy or telephone and shall be subsequently confirmed by letter.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Information
Furnished by the Underwriters</u>.&#160; The
Company acknowledges that (i) the list of Underwriters and their respective
participation in the sale of Units, (ii) the first and second sentences of the
third paragraph (iii)&nbsp;the eleventh through sixteenth paragraphs, the
eighteenth paragraph and the twenty-first paragraph, each under the caption &#147;Underwriting&#148;
in any Preliminary Prospectus, constitute the only information furnished by or
on behalf of the Underwriters through you or on your behalf as such information
is referred to in Sections 6.1(c), 6.1(d), 6.1(e) and 6.1(f) and 8 hereof.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">15.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Miscellaneous</u>.&#160; Except as otherwise provided in Sections 5
and 12 hereof, notice given pursuant to any of the provisions of this Agreement
shall be in writing and shall be delivered:</p>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to the Company</h3>

<p align="left" style="margin:0pt 0pt 12.0pt 144.0pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV Partners, LLC<br>
250 N. Water, Suite 300<br>
Wichita, Kansas 67202<br>
Attention:&#160; David L. Murfin</font></p>

<p style="margin:0pt 0pt 12.0pt 144.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">with a copy to</font></p>

<p align="left" style="margin:0pt 0pt 12.0pt 144.0pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Vinson &amp; Elkins L.L.P.<br>
1001 Fannin Street, Suite 2300</font></p>


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<p align="left" style="margin:0pt 0pt 12.0pt 144.0pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Houston, Texas 77002<br>
Attention:&#160; Thomas P. Mason</font></p>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to the Trust</h3>

<p align="left" style="margin:0pt 0pt 12.0pt 144.0pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Bank of New York Trust Company, N.A.<br>
Global Corporate Trust<br>
221 West Sixth Street, 1st Floor<br>
Austin, Texas 78701<br>
Attention:&#160; Mike J. Ulrich</font></p>

<p style="margin:0pt 0pt 12.0pt 144.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">with a copy to</font></p>

<p align="left" style="margin:0pt 0pt 12.0pt 144.0pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Andrews Kurth LLP<br>
600 Travis<br>
Suite 4200<br>
Houston, Texas 77002<br>
Attention:&#160; David C. Buck</font></p>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to the Selling Unitholders</h3>

<p align="left" style="margin:0pt 0pt 12.0pt 144.0pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV Energy, LLC<br>
250 N. Water, Suite 300<br>
Wichita, Kansas 67202<br>
Attention:&#160; David L. Murfin</font></p>

<p style="margin:0pt 0pt 12.0pt 144.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">with a copy to</font></p>

<p align="left" style="margin:0pt 0pt 12.0pt 144.0pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Vinson &amp; Elkins L.L.P.<br>
1001 Fannin Street, Suite 2300<br>
Houston, Texas 77002<br>
Attention:&#160; Thomas P. Mason</font></p>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 36.0pt;page-break-after:auto;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iv)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>to the Underwriters</h3>

<p align="left" style="margin:0pt 0pt 12.0pt 144.0pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Raymond James &amp; Associates, Inc.<br>
880 Carillon Parkway<br>
St. Petersburg, Florida 33716<br>
Attention:&#160; John Critchlow</font></p>

<p style="margin:0pt 0pt 12.0pt 144.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">with a copy to</font></p>

<p align="left" style="margin:0pt 0pt 12.0pt 144.0pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Baker Botts L.L.P.<br>
One Shell Plaza<br>
910 Louisiana Street, Suite 3200<br>
Houston, Texas 77002<br>
Attention:&#160; R. Joel Swanson, Jr.</font></p>


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<div>


<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">This Agreement has been and is made solely for the
benefit of the several Underwriters, the Company, its directors, officers,
managers and members, the Trust and the Selling Unitholders.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">16.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>No Fiduciary Duty</u>.&#160; Notwithstanding any preexisting relationship,
advisory or otherwise, between the parties or any oral representations or
assurances previously or subsequently made by any of the Underwriters, each of
the Company and the Selling Unitholders acknowledges and agrees that (i)
nothing herein shall create a fiduciary or agency relationship between the
Company or the Selling Unitholders, on the one hand, and the Underwriters, on
the other hand; (ii) the Underwriters have been retained solely to act as
underwriters and, except to the extent set out in clause (xi) of Section 7
hereof, are not acting as advisors, expert or otherwise, to either the Company
or the Selling Unitholders in connection with this offering, the sale of the
Units or any other services the Underwriters may be deemed to be providing
hereunder, including, without limitation, with respect to the public offering
price of the Units; (iii) the relationship between the Company and the Selling
Unitholders, on the one hand, and the Underwriters, on the other hand, is
entirely and solely commercial, and the price of the Units was established by
the Company, the Selling Unitholders and the Underwriters based on discussions
and arms&#146; length negotiations and each of the Company and the Selling
Unitholders understands and accepts the terms, risks and conditions of the
transactions contemplated by this Agreement; (iv) any duties and obligations
that the Underwriters may have to the Company or the Selling Unitholders shall
be limited to those duties and obligations specifically stated herein; and (v)
notwithstanding anything in this Agreement to the contrary, each of the Company
and the Selling Unitholders acknowledges that the Underwriters may have
financial interests in the success of the Offering that are not limited to the
difference between the price to the public and the purchase price paid to the
Company and the Selling Unitholders by the Underwriters for the Units and that
such interests may differ from the interests of the Company and the Selling
Unitholders, and the Underwriters have no obligation to disclose, or account to
the Company or the Selling Unitholders for any benefit that they may derive
from, such additional financial interests.&#160;
Each of the Company and the Selling Unitholders hereby waives and releases,
to the fullest extent permitted by applicable law, any claims that the Company
or the Selling Unitholders may have against the Underwriters with respect to
any breach or alleged breach of fiduciary duty and agree that the Underwriters
shall have no liability (whether direct or indirect) to the Company in respect
of such a fiduciary duty claim or to any person asserting a fiduciary duty
claim on behalf of or in right of the Company or any of their respective
members, managers, employees or creditors.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">17.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Applicable Law;
Counterparts</u>. This Agreement shall be governed by and construed in
accordance with the laws of the State of Florida without reference to choice of
law principles thereunder.</p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">This Agreement may be signed in various counterparts,
which together shall constitute one and the same instrument.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">This Agreement shall be effective when, but only when,
at least one counterpart hereof shall have been executed on behalf of each
party hereto.</font></p>


 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">41</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Company, the Selling Unitholders and the
Underwriters each hereby irrevocably waive any right they may have to a trial
by jury in respect to any claim based upon or arising out of this Agreement or
the transactions contemplated hereby.</font></p>


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<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Please confirm that the foregoing correctly sets forth
the agreement among the Company, the Trust, the Selling Unitholders and the
several Underwriters.</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;font-family:Times New Roman;width:100.0%;">
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><!-- SET mrlNoTableShading --></p>
  </td>
  <td width="44%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.42%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><!-- SET mrlNoTableShading -->Very truly yours,</p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="44%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV PARTNERS, LLC</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV Energy, LLC,</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">its Manager</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Murfin, Inc.,</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Member</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="28%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:28.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ David L. Murfin</font></p>
  </td>
  <td width="9%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:9.7%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:</font></p>
  </td>
  <td width="31%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">David L. Murfin</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>
  </td>
  <td width="31%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chairman and Chief Executive</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Officer</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="44%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV OIL TRUST</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Bank of New York Trust Company,<br>
  N.A.,</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Trustee</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="28%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:28.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Mike J. Ulrich</font></p>
  </td>
  <td width="9%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:9.7%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:</font></p>
  </td>
  <td width="31%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Mike J. Ulrich</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>
  </td>
  <td width="31%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Vice President</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="44%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV ENERGY, LLC</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Murfin, Inc.,</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Member</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="28%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:28.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ David L. Murfin</font></p>
  </td>
  <td width="9%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:9.7%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:</font></p>
  </td>
  <td width="31%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">David L. Murfin</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>
  </td>
  <td width="31%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chairman and Chief Executive</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="31%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Officer</font></p>
  </td>
 </tr>
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  <td width="416" style="border:none;"></td>
  <td width="46" style="border:none;"></td>
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  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><!-- SET mrlNoTableShading --></p>
  </td>
  <td width="44%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">VAP-I, LLC</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV Energy, LLC,</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">its Manager</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Murfin, Inc.,</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Member</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="38%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:38.26%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="28%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:28.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ David L. Murfin</font></p>
  </td>
  <td width="9%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:9.7%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:</font></p>
  </td>
  <td width="31%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">David L. Murfin</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>
  </td>
  <td width="31%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chairman and Chief Executive</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.58%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Officer</font></p>
  </td>
  <td width="31%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.52%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr height="0">
  <td width="416" style="border:none;"></td>
  <td width="46" style="border:none;"></td>
  <td width="50" style="border:none;"></td>
  <td width="163" style="border:none;"></td>
  <td width="72" style="border:none;"></td>
 </tr>
</table>

<p style="margin:0pt 243.0pt 12.0pt 0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>


 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">44</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">



<p align="left" style="margin:0pt 0pt 12.0pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">CONFIRMED as of the date
first above <br>
mentioned, on behalf of the Representative<br>
and the other several Underwriters named in <br>
Schedule I hereto.</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;font-family:Times New Roman;width:100.0%;">
 <tr style="page-break-inside:avoid;">
  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><!-- SET mrlNoTableShading -->RAYMOND JAMES &amp;
  ASSOCIATES, INC.</p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:5.94%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="29%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:29.74%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Jarod W.
  Jones</font></p>
  </td>
  <td width="64%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:64.32%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="5%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:5.94%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="94%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:94.06%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Authorized
  Representative</font></p>
  </td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0pt 0pt 12.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>


 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">45</font></p>
</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">

<div>


<p align="center" style="margin:0pt 0pt 24.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SCHEDULE
I</font></b></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr style="page-break-inside:avoid;">
  <td width="89%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:89.06%;">
  <p align="left" style="font-weight:bold;line-height:8.0pt;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:left;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">Name</font></b></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:2.38%;">
  <p style="font-weight:bold;line-height:8.0pt;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:8.22%;">
  <p style="font-weight:bold;line-height:8.0pt;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">Number<br>
  Firm&nbsp;Units</font></b></p>
  </td>
  <td width="0%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:.34%;">
  <p style="font-weight:bold;line-height:8.0pt;margin:0pt 0pt .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="89%" valign="top" style="border:none;padding:0pt .7pt 0pt 0pt;width:89.06%;">
  <p style="margin:0pt 0pt .0001pt 10.0pt;page-break-after:avoid;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:2.38%;">
  <p style="margin:0pt 0pt .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:8.22%;">
  <p style="margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="0%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr bgcolor="#CCEEFF" style="page-break-inside:avoid;">
  <td width="89%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:89.06%;">
  <p style="margin:0pt 0pt .0001pt 10.0pt;page-break-after:avoid;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Raymond James &amp;
  Associates, Inc.</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:2.38%;">
  <p style="margin:0pt 0pt .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:8.22%;">
  <p style="margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4,125,000</font></p>
  </td>
  <td width="0%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="89%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:89.06%;">
  <p style="margin:0pt 0pt .0001pt 10.0pt;page-break-after:avoid;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">A.G. Edwards &amp;
  Sons, Inc.</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:2.38%;">
  <p style="margin:0pt 0pt .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:8.22%;">
  <p style="margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1,500,000</font></p>
  </td>
  <td width="0%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr bgcolor="#CCEEFF" style="page-break-inside:avoid;">
  <td width="89%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:89.06%;">
  <p style="margin:0pt 0pt .0001pt 10.0pt;page-break-after:avoid;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">RBC Capital Markets
  Corporation</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:2.38%;">
  <p style="margin:0pt 0pt .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:8.22%;">
  <p style="margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1,125,000</font></p>
  </td>
  <td width="0%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="89%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:89.06%;">
  <p style="margin:0pt 0pt .0001pt 10.0pt;page-break-after:avoid;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Oppenheimer &amp; Co.
  Inc.</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:2.38%;">
  <p style="margin:0pt 0pt .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:8.22%;">
  <p style="margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">750,000</font></p>
  </td>
  <td width="0%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr bgcolor="#CCEEFF" style="page-break-inside:avoid;">
  <td width="89%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:89.06%;">
  <p style="margin:0pt 0pt .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Total:</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:2.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:8.22%;">
  <p style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7,500,000</font></p>
  </td>
  <td width="0%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0pt 0pt 12.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>


 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">I-</font><font face="Times New Roman">1</font></p>
</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SCHEDULE
II</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Schedule
of Selling Unitholders</font></u></b></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr style="page-break-inside:avoid;">
  <td width="85%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:85.9%;">
  <p align="left" style="font-weight:bold;line-height:8.0pt;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:left;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">Unitholder</font></b></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:2.38%;">
  <p style="font-weight:bold;line-height:8.0pt;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="11%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:11.38%;">
  <p style="font-weight:bold;line-height:8.0pt;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">Number&nbsp;of<br>
  Additional&nbsp;Units<br>
  to&nbsp;be&nbsp;Sold</font></b></p>
  </td>
  <td width="0%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:.34%;">
  <p style="font-weight:bold;line-height:8.0pt;margin:0pt 0pt .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="85%" valign="top" style="border:none;padding:0pt .7pt 0pt 0pt;width:85.9%;">
  <p style="margin:0pt 0pt .0001pt 10.0pt;page-break-after:avoid;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:2.38%;">
  <p style="margin:0pt 0pt .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="11%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:11.38%;">
  <p style="margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="0%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr bgcolor="#CCEEFF" style="page-break-inside:avoid;">
  <td width="85%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.9%;">
  <p style="margin:0pt 0pt .0001pt 10.0pt;page-break-after:avoid;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV Energy, LLC</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:2.38%;">
  <p style="margin:0pt 0pt .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="11%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:11.38%;">
  <p style="margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">562,500</font></p>
  </td>
  <td width="0%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="85%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:85.9%;">
  <p style="margin:0pt 0pt .0001pt 10.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">VAP-I, LLC</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:2.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="11%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:11.38%;">
  <p style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">562,500</font></p>
  </td>
  <td width="0%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0pt 0pt 12.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>


 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">II-</font><font face="Times New Roman">1</font></p>
</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SCHEDULE
III</font></b></p>

<p align="center" style="margin:0pt 0pt 24.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Free
Writing Prospectuses</font></b></p>

<p align="left" style="margin:0pt 0pt 12.0pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">None.</font></p>


 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">III-</font><font face="Times New Roman">1</font></p>
</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SCHEDULE
IV</font></b></p>

<p align="center" style="margin:0pt 0pt 24.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Information
Included in &#147;Time of Sale Information&#148;</font></b></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr bgcolor="#CCEEFF" style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.66%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title of securities:</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:51.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Trust Units</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.66%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:51.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr bgcolor="#CCEEFF" style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.66%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Symbol:</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:51.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MVO</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.66%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:51.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr bgcolor="#CCEEFF" style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.66%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Total number of units offered:</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:51.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7,500,000 Trust Units (excluding option to purchase
  an additional 1,125,000 Trust Units)</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.66%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:51.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr bgcolor="#CCEEFF" style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.66%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Public offering price:</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:51.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">$20.00 per Trust Unit</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.66%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:51.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr bgcolor="#CCEEFF" style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.66%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Underwriting discounts and commissions (excluding a
  structuring fee of $750,000 payable to Raymond James &amp; Associates, Inc.):</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:51.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">$1.30 per Trust Unit</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.66%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:51.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr bgcolor="#CCEEFF" style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.66%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Total proceeds to MV Partners, LLC, after discounts
  but before expenses (excluding a structuring fee of $750,000 payable to
  Raymond James &amp; Associates, Inc.):</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:51.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">$140,250,000</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.66%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:51.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr bgcolor="#CCEEFF" style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.66%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Settlement and delivery date:</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:51.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">January 24, 2007</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.66%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:51.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr bgcolor="#CCEEFF" style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.66%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Annual rate of the comparable yield of a debt
  instrument held by the Trust, compounded semi-annually:</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="51%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:51.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">9%</font></p>
  </td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0pt 0pt 12.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>


 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">IV-</font><font face="Times New Roman">1</font></p>
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<p align="right" style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibit 3.1</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">AMENDED AND RESTATED</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">TRUST AGREEMENT</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">OF</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt 24.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV
OIL TRUST</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Among</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV PARTNERS, LLC</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">and</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">THE BANK OF NEW YORK
TRUST COMPANY, NATIONAL ASSOCIATION</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">and</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt 24.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">WILMINGTON
TRUST COMPANY</font></b></p>

<p style="margin:0pt 0pt 12.0pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Dated:&#160; As
of January 24, 2007</font></b></p>



</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
  <p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">TABLE OF CONTENTS</font></b></p>  <table border="0" cellspacing="0" cellpadding="0" width="100%" bgcolor="white" style="background:white;border-collapse:collapse;font-family:Times New Roman;width:100.0%;">  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="font-size:10.0pt;margin:0pt 0pt .0001pt;text-align:center;"><!-- SET mrlNoTableShading --><b>ARTICLE I</b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">DEFINITIONS</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="
95%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:95.42%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="display:none;font-size:10.0pt;">&nbsp;</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE
  II</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">NAME
  AND PURPOSE OF THE TRUST; DECLARATION OF TRUST</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 2.01</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Name; Certificate of Trust</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;"
>Section 2.02</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Purpose</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 2.03</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Transfer of Trust Property to the Trust</font></i></p>  </td>  <td width="4%" valig
n="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 2.04</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Creation of the Trust</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0p
t .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 2.05</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Principal Offices and Delaware Trustee</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size
="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">&nbsp;</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="display:none;font-size:10.0pt;">&nbsp;</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE
  III</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ADMINISTRATION
  OF THE TRUST AND POWERS OF THE TRUSTEE AND THE DELAWARE TRUSTEE</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 3.01</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">General Authority</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:
10.0pt;">Section 3.02</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Limited Power of Disposition</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 3.03</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">No Power to Engage in Business or Make
  Investments</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 3.04</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Interest on Cash Reserves</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10</font></p>  </td>  </tr>  <tr style="page-break-
inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 3.05</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Power to Settle Claims</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 3.06</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6
%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Power to Contract for Services</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 3.07</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Payment of Liabilities of Trust</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0
pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 3.08</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Income and Principal</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">12</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face=
"Times New Roman" style="font-size:10.0pt;">Section 3.09</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Term of Contracts</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">12</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 3.10</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Transactions With Entity Serv
ing as the Trustee
  or the Delaware Trustee</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">12</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 3.11</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">No Security Required</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">13</font></p>  </td>  </tr>  <tr style="page
- -break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 3.12</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Filing of Securities Act Registration Statement,
  Exchange Act Registration Statement and Other Reports, Listing of Trust
  Units, etc.; Certain Fees and Expenses</font></i></p>  </td>  <td width="4%" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">13</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 3.13</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Reserve Report</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14</font></p>  </td>  </tr>  <tr
 style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 3.14</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">No Liability for Recordation</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt
 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">&nbsp;</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="display:none;font-size:10.0pt;">&nbsp;</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE
  IV</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">TRUST
  UNITS AND UNCERTIFICATED BENEFICIAL INTEREST</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 4.01</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Creation and Distribution</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">S
ection 4.02</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Rights of Trust Unitholders; Limitation on
  Personal Liability of Trust Unitholders</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">15</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 4.03</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Effect of Transfer</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">15</font></p>  </td>  </tr>  <
tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 4.04</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Determination of Ownership</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">16</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt
 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">&nbsp;</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="display:none;font-size:10.0pt;">&nbsp;</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE
  V</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ACCOUNTING
  AND DISTRIBUTIONS; REPORTS</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 5.01</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Fiscal Year and Accounting Method</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">16</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 5.0
2</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Quarterly Distributions</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">16</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.82%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 5.03</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Reports to Trust Unitholders and Others</font></i></p>  </td>  <td width="4%" 
valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.58%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">16</font></p>  </td>  </tr>  </table>  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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    <p style="margin:0pt 0pt .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>  <table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;font-family:Times New Roman;width:100.0%;">  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><!-- SET mrlNoTableShading -->Section 5.04</p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Federal Income Tax Provisions</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">17</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" 
valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">&nbsp;</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="display:none;font-size:10.0pt;">&nbsp;</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE
  VI</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">LIABILITY
  OF DELAWARE TRUSTEE AND TRUSTEE AND METHOD OF SUCCESSION</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 6.01</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Liability of Delaware Trustee, Trustee and
  Agents.</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">17</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 6.02</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Indemnification of Trustee or Delaware Trustee.</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">18</font></p>  </td>  </tr>  <tr sty
le="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 6.03</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Resignation of Delaware Trustee and Trustee</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">20</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 6.04</font></p>  </td>  <td width="80%" valign="top" style="pa
dding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Removal of Delaware Trustee and Trustee</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">20</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 6.05</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Appointment of Successor Delaware Trustee or
  Trustee</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">21</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 6.06</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Laws of Other Jurisdictions</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">22</font></p>  </td>  </tr>  <tr style="page-break-insid
e:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 6.07</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Reliance on Experts</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">22</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 6.08</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p st
yle="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Force Majeure</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">23</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 6.09</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Failure of Action by MV Partners</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:righ
t;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">23</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 6.10</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Action Upon Instructions</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">23</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font
- -size:10.0pt;">Section 6.11</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Management of Trust Estate</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">23</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 6.12</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Validity</font></i></p>  </td>  <td width="4%" vali
gn="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">23</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 6.13</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Rights and Powers; Litigation</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">24</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="pa
dding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 6.14</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">No Duty to Act Under Certain Circumstances</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">24</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i>
<font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">&nbsp;</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="display:none;font-size:10.0pt;">&nbsp;</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE
  VII</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">COMPENSATION
  OF THE TRUSTEE AND THE DELAWARE TRUSTEE</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 7.01</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Compensation of Trustee and Delaware Trustee</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">24</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size
:10.0pt;">Section 7.02</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Reimbursement of MV Partners</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">25</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 7.03</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Source of Funds</font></i></p>  </td>  <td width="4%" 
valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">25</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 7.04</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Ownership of Units by MV Partners, the Delaware
  Trustee and the Trustee</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">25</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">&nbsp;</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="display:none;font-size:10.0pt;">&nbsp;</font></p>  </td>  </tr>  <tr style="page-break
- -inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE
  VIII</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">MEETINGS
  OF TRUST UNITHOLDERS</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 8.01</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Purpose of Meetings</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">25</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 8.02</font></p>  </td>  <t
d width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Call and Notice of Meetings</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">25</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 8.03</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Method of Voting and Vote Required</font></i></p>  </td>  <td width="4%" valign="top" style="paddin
g:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">26</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 8.04</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Conduct of Meetings</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">26</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.
8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">&nbsp;</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="display:none;font-size:10.0pt;">&nbsp;</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE
  IX</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">DURATION,
  REVOCATION AND TERMINATION OF TRUST</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 9.01</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Revocation</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">26</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 9.02</font></p>  </t
d>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Termination</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">26</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 9.03</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Disposition and Distribution of Assets and
  Properties</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">27</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 9.04</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Reorganization or Business Combination</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">27</font></p>  </td>  </tr>  <tr style="pa
ge-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">&nbsp;</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="display:none;font-size:10.0pt;">&nbsp;</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE
  X</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">AMENDMENTS</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 10.01</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Prohibited Amendments</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roma
n" style="font-size:10.0pt;">28</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 10.02</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Permitted Amendments</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">28</font></p>  </td>  </tr>  </table>  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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    <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>  <table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;font-family:Times New Roman;width:100.0%;">  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="font-size:10.0pt;margin:0pt 0pt .0001pt;text-align:center;"><!-- SET mrlNoTableShading --><b>ARTICLE XI</b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARBITRATION</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="95%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:95.4%
;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE
  XII</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="100%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:100.0%;">  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">MISCELLANEOUS</font></b></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 12.01</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Inspection of Books</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New R
oman" style="font-size:10.0pt;">32</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 12.02</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Disability of a Trust Unitholder</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">32</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 12.0
3</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Merger or Consolidation of Delaware Trustee or
  Trustee</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">32</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 12.04</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Change in Trust Name</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">32</font></p>  </td>  </tr>  <tr style="page-break-inside:avoi
d;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 12.05</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Filing of this Agreement</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">32</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 12.06</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p s
tyle="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Choice of Law</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">33</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 12.07</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Separability</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2"
 face="Times New Roman" style="font-size:10.0pt;">33</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 12.08</font></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Notices</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">33</font></p>  </td>  </tr>  <tr style="page-break-inside:avoid;">  <td width="14%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.8%;">  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 12.09</font
></p>  </td>  <td width="80%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:80.6%;">  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Counterparts</font></i></p>  </td>  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.6%;">  <p align="right" style="margin:0pt 0pt .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">35</font></p>  </td>  </tr>  </table>  <p style="line-height:1.0pt;margin:0pt 0pt 12.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>  <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Schedule A &#151;Fee Schedule
of Delaware Trustee</font></p>

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  <p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">AMENDED AND RESTATED</font></b></p>  <p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">TRUST AGREEMENT</font></b></p>  <p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">OF</font></b></p>  <p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV OIL TRUST</font></b></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">This Amended and Restated Trust Agreement of MV Oil
Trust, a Delaware statutory trust created pursuant to the Organizational Trust
Agreement (hereinafter defined) and continued and administered under the terms
of this Agreement (hereinafter defined) (the &#147;Trust&#148;), is entered into
effective as of the 24</font><font size="1" style="font-size:6.5pt;position:relative;top:-3.0pt;">th</font>&#160;day of January, 2007, by and among MV
PARTNERS, LLC, a Kansas limited liability company with its principal office in
Wichita, Kansas (together with its wholly owned subsidiaries and its successors
and assigns, &#147;MV Partners&#148;), as trustor, and WILMINGTON TRUST COMPANY, a
banking corporation organized under the laws of the State of Delaware with its
principal office in Wilmington, Delaware and its successors and assigns (&#147;Wilmington
Trust&#148;), as Delaware Trustee (as hereinafter defined), and THE BANK OF NEW YORK
TRUST COMPANY, NATIONAL ASSOCIATION, a national association organized under the
laws of the State of New York with its principal place of business in New York,
New York and its successors and assigns (as successor to JPMorgan Chase Bank,
N.A.) (the &#147;Bank&#148;), as Trustee (as hereinafter defined).</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-align:center;"><font style="text-decoration:underline;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">W</font></u></font>  <font style="text-decoration:underline;"><u>I</u></font>  <font style="text-decoration:underline;"><u>T</u></font>  <font style="text-decoration:underline;"><u>N</u></font>  <font style="text-decoration:underline;"><u>E</u></font>  <font style="text-decoration:underline;"><u>S</u></font>  <font style="text-decoration:underline;"><u>S</u></font>  <font style="text-decoration:underline;"><u>E</u></font>  <font style="text-decoration:underline;"><u>T</u></font>  <font style="text-decoration:underline;"><u>H</u></font>:</p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">WHEREAS, MV Partners is a privately held limited
liability company engaged in the exploration, development, production,
gathering, aggregation and sale of oil and natural gas from properties located
in Kansas and eastern Colorado;</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">WHEREAS, MV Partners has determined to convey to the
Trust the Net Profits Interest (hereinafter defined) pursuant to the Conveyance
(hereinafter defined) and the Hedge Agreements Assignment (hereinafter defined)
in exchange for 11,500,000 Trust
Units (hereinafter defined); and</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">WHEREAS, MV Partners, Wilmington Trust and the Bank
have previously formed the Trust pursuant to the Organizational Trust Agreement
in accordance with the provisions of the Trust Act (hereinafter defined) and,
in connection therewith, MV Partners has previously delivered to the Bank, on
behalf of the Trust, good and valuable consideration, which the Bank has
accepted, to have and to hold, in trust, such property and all other properties
that may hereafter be received hereunder, for the purposes and subject to the
terms and conditions hereinafter provided; and</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">NOW, THEREFORE, MV Partners, Wilmington Trust and the
Bank hereby amend and restate the Organizational Trust Agreement in its
entirety.</font></p>  <p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE I<br>
DEFINITIONS</font></b></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">As used herein, the following terms have the meanings
indicated:</font></p>
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    <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Administrative Services Agreement&#148; means the
Administrative Services Agreement dated<b>&nbsp;</b>January 24, 2007 entered into between
MV Partners and the Trustee, on behalf of the Trust.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Affiliate&#148; means, for any specified Person, another
Person that controls, is controlled by, or is under common control with, the
specified Person.&#160; &#147;Control,&#148; in the
preceding sentence, refers to the possession by one Person, directly or
indirectly, of the right or power to direct or cause the direction of the
management and policies of another Person, whether through the ownership of
voting securities, by contract, or otherwise.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Agreement&#148; means this Amended and Restated Trust
Agreement of MV Oil Trust, as it may be further amended, supplemented or
restated from time to time.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Beneficial Interest&#148; means the aggregate beneficial
interest of all Trust Unitholders in the Trust Estate, including without
limitation the proceeds from the conversion of the Net Profits Interest to
cash, and in the right to cash resulting from such conversion of the Net
Profits Interest, which beneficial interest is expressed in Trust Units.&#160; A Trust Unitholder&#146;s beneficial interest in
the Trust is personal property notwithstanding the nature of the property of
the Trust.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Business Day&#148; means any day that is not a Saturday,
Sunday, a holiday determined by the New York Stock Exchange, Inc. as &#147;affecting
&#145;ex&#146; dates&#148; or any other day on which national banking institutions in New
York, New York or Wilmington, Delaware are closed as authorized or required by
law.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Closing&#148; means the closing of the initial public
offering of Trust Units contemplated by the Securities Act Registration
Statement.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Commission&#148; means the Securities and Exchange
Commission.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Conveyance&#148; means the Conveyance of Net Profits
Interest, dated as of January 24, 2007, from MV Partners, as grantor, to the
Trust, as grantee, pursuant to which the Net Profits Interest is conveyed.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Delaware Trustee&#148; means the Entity serving as a
trustee (other than as the Trustee) hereunder having its principal place of
business in Delaware, not in its individual capacity but solely in its
fiduciary capacity. Further, any benefit, indemnity, release or protection
granted to the Delaware Trustee herein shall extend to and shall be fully
applicable and effective with regard to any Entity serving as the Delaware
Trustee, including, without limitation, Wilmington Trust.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Entity&#148; means a corporation, partnership, trust,
estate or other entity, organization or association.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Exchange Act&#148; means the Securities Exchange Act of
1934, as amended.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Exchange Act Registration Statement&#148; means the registration
statement on Form&nbsp;8-A pursuant to which the Trust Units may be
registered under Section&nbsp;12 of the Exchange Act.</font></p>
 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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    <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Fair Value&#148; means, with respect to any portion of the
Net Profits Interest to be released pursuant to Section&nbsp;3.02(b) in
connection with a sale of Underlying Properties, an amount of net proceeds
which could reasonably be expected to be obtained from the sale of such portion
of the Net Profits Interest to a party which is not an Affiliate of either MV
Partners or the Trust on an arms&#146;-length negotiated basis, taking into account
relevant market conditions and factors existing at the time of any such
proposed sale or release, such net proceeds to be determined by deducting the
Trust&#146;s proportionate share of sales costs, commissions and brokerage fees, if
any (based on the relative fair market value of the Underlying Properties being
transferred without giving effect to either the portion of the Net Profits
Interest being released or the fair market value of the portion of the Net
Profits Interest being released).</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Hedge Agreements Assignment&#148; means the assignment by
MV Partners to the Trust of MV Partner&#146;s right to receive payments pursuant to
the Assignment of Hedge Proceeds dated January 24, 2007 between MV Partners and
the Trust that assigns to the Trust certain rights to receive payments under
the hedge agreements identified therein.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Independent Reserve Engineers&#148; means Cawley,
Gillespie &amp; Associates, Inc., independent petroleum engineers, or any
successor petroleum engineering consultants employed by the Trust to provide
information and reports with respect to the Net Profits Interest.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Liquidation Date&#148; means the later to occur of (1)
June 30, 2026, or (2) the time when 14,393,950 barrels of oil equivalent have
been produced from the Underlying Properties and sold.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#160;&#147;Net Profits
Interest&#148; means the net profits interest to be conveyed to the Trust pursuant
to the Conveyance.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Organizational Trust Agreement&#148; means the Trust
Agreement of MV Oil Trust, entered into and effective as of August 3, 2006 by
and among MV Partners, the Bank and Wilmington Trust.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Person&#148; means a natural person or an Entity.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Quarterly Cash Distribution&#148; means, for each
Quarterly Period, an amount determined by the Trustee pursuant to Section 5.02
hereof to be equal to the excess, if any, of (a) the cash received by the
Trust, attributable to the Net Profits Interest and the Hedge Agreements
Assignment prior to such Quarterly Cash Distribution, plus any decrease prior
to such Quarterly Cash Distribution in any cash reserve theretofore established
by the Trustee for the payment of liabilities of the Trust, plus any other cash
receipts of the Trust prior to such Quarterly Cash Distribution (including
Sales Proceeds Amounts and any cash received from interest earned pursuant to
Section 3.04), over (b) the liabilities of the Trust paid prior to such
Quarterly Cash Distribution, plus the amount of any cash used prior to such
Quarterly Cash Distribution by the Trustee to establish or increase a cash
reserve established for the payment of any liabilities of the Trust.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Quarterly Payment Date&#148; means the date of a
distribution, which shall be on or before the twenty-fifth day following the
end of each Quarterly Period.</font></p>
 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Quarterly Period&#148; means, for the initial period, the
period which commences on July 1, 2006 and continues through and includes
December 31, 2006, and for succeeding periods the periods which commence on the
first day of each calendar quarter and continues through and includes the last
day of such calendar quarter.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Quarterly Record Date&#148; means, for each Quarterly
Period, the close of business on the fifteenth day following the end of such
Quarterly Period (or the Business Day next following such day if such day is
not a Business Day) or such other date established by the Trustee in order to
comply with applicable law or the rules of any securities exchange or quotation
system on which the Trust Units may be listed or admitted to trading, in which
event &#147;Quarterly Record Date&#148; means such other date.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Record Date Trust Unitholders&#148; has the meaning
assigned to that term in Section&nbsp;8.02 hereof.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Registration Rights Agreement&#148; means the Registration
Rights Agreement dated January 24, 2007 entered into between MV Partners and
the Trustee, on behalf of the Trust.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Responsible Officer&#148; means (a)&nbsp;with respect to
the Delaware Trustee, any officer in the Corporate Trust Administration office
of the Delaware Trustee having direct responsibility for the administration of
this Agreement, and with respect to a particular corporate trust matter, any
officer of the Delaware Trustee to whom such matter is referred because of his
or her knowledge of and familiarity with the particular subject, and
(b)&nbsp;with respect to the Trustee, any officer in the Institutional Trust
Services department of the Trustee having direct responsibility for the
administration of this Agreement.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Sales Proceeds Amount&#148; means any cash paid to the
Trust in consideration for any of the Net Profits Interest pursuant to
Sections&nbsp;3.02 and 9.03 hereof.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Sarbanes-Oxley Act&#148; means the Sarbanes-Oxley Act of
2002, as amended.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Securities Act&#148; means the Securities Act of 1933, as
amended.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Securities Act Registration Statement&#148; means the
Registration Statement on Form S-l (Registration No. 333-136609) as it has been
or as it may be amended or supplemented from time to time, filed by the Trust
and MV Partners with the Commission under the Securities Act to register the
offering and sale of up to 8,625,000 Trust Units by MV Partners.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Transaction Documents&#148; means this Agreement, the
Conveyance, the Registration Rights Agreement, the Administrative Services
Agreement and the Hedge Agreements Assignment.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Transferee&#148; means, as to any Trust Unitholder or
former Trust Unitholder, any Person succeeding to the interest of such Trust Unitholder
or former Trust Unitholder in one or more Trust Units, whether as purchaser,
donee, legatee or otherwise.</font></p>
 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Trust Act&#148; means the Delaware Statutory Trust Act,
Title 12, Chapter 38 of the Delaware Code, Sections 3801 et seq., as amended
from time to time during the term of this Agreement.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Trust Estate&#148; means the assets held by the Trust
under this Agreement, including both income and principal.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Trust Unit&#148; means an uncertificated, undivided pro
rata fractional interest in the Beneficial Interest, determined as hereinafter
provided.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Trust Unitholder&#148; means the owner of one or more
Trust Units as reflected on the books of the Trustee pursuant to Section 4.01
or in the records of The Depository Trust Company.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Trustee&#148; means the Entity serving as a trustee (other
than the Delaware Trustee) under this Agreement, in its fiduciary capacity.
Further, any benefit, indemnity, release or protection granted to the Trustee
herein shall extend to and shall be fully applicable and effective with regard
to any Entity serving as Trustee, including, without limitation, the Bank. The
term &#147;principal office&#148; of the Trustee shall mean the principal office of the
Trustee at which at any particular time its institutional or corporate trust
business may be administered.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Trustee Conveyance&#148; means a conveyance executed by
the Trustee pursuant to Section&nbsp;3.02 of this Agreement covering that
portion of the Net Profits Interest to be conveyed pursuant to said Section and
in such form as the Trustee is advised by counsel is sufficient to release or
transfer the right, title and interest of the Trust therein and to provide for
payment to the Trustee of all the net proceeds attributable thereto through the
effective date of such Trustee Conveyance.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;Underlying Properties&#148; means the Subject Interests
subject to the Net Profits Interest, as &#147;Subject Interests&#148; is defined in the
Conveyance.</font></p>  <p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE II<br>
NAME AND PURPOSE OF THE TRUST; DECLARATION OF TRUST</font></b></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section
2.01</font></i>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Name;
Certificate of Trust</font>.&#160; The Trust
continued by this Agreement shall remain a Delaware statutory trust under the
Trust Act. The Trust shall continue to be known as the MV Oil Trust, and the
Trustee may transact the Trust&#146;s affairs in that name. The continuation and
operation of the Trust shall be in accordance with this Agreement, which shall
constitute the &#147;governing instrument&#148; of the Trust within the meaning of
Section&nbsp;3801(f) of the Trust Act. In the event that a Responsible Officer
of either the Delaware Trustee or the Trustee becomes aware that any statement
contained or matter described in the Trust&#146;s Certificate of Trust has changed,
making it false in any material respect, it will notify the other trustee and
the Delaware Trustee shall promptly file or cause to be filed in the office of
the Secretary of State of Delaware an amendment of same at the written
direction of the Trustee, duly executed in accordance with Section&nbsp;3811 of
the Trust Act, in order to effect such change thereto, such filing to be in
accordance with Section&nbsp;3810(b) of the Trust Act. Upon the completion of
the dissolution and winding up of the Trust in accordance with
Section&nbsp;3808 of the Trust Act and Sections&nbsp;9.02 and 9.03 hereof, the
Delaware Trustee shall, at the written direction of the Trustee,</p>
 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">file or cause to be filed a certificate of cancellation
of the Trust&#146;s Certificate of Trust, duly executed in accordance with
Section&nbsp;3811 of the Trust Act.</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt 108.0pt;page-break-after:avoid;text-indent:-72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section
2.02</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-style:italic;"><i>Purpose</i></font>. The
purposes of the Trust are:</p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; to protect and conserve, for the
benefit of the Trust Unitholders, the Trust Estate;</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; to receive and hold the Net Profits
Interest, the Hedge Agreements Assignment, the Administrative Services
Agreement and the other assets of the Trust Estate;</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; to convert the Net Profits Interest
into cash either by (1)&nbsp;retaining the Net Profits Interest and collecting
the proceeds of production payable with respect to the Net Profits Interest
until production has ceased or the Net Profits Interest has been sold or
transferred or the Net Profits Interest has otherwise terminated or
(2)&nbsp;selling or otherwise disposing of all or any portion of the Net
Profits Interest in accordance with the terms of this Agreement;</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; to convert the Hedge Agreements
Assignment into cash by collecting the proceeds of any payments that the Trust
is entitled to receive under the terms of the Hedge Agreements Assignment until
the Hedge Agreements Assignment has terminated;</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; to pay, or provide for the payment
of, any liabilities incurred in carrying out the purposes of the Trust, and
thereafter to distribute the remaining amounts of cash received by the Trust to
the Trust Unitholders on a pro rata basis determined by the number of Trust
Units held by each Trust Unitholder in accordance with Section 5.02;</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; to incur indebtedness and grant
security interests in or otherwise encumber the Trust Estate in order to pay
the liabilities of the Trust as they become due, if necessary;</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(g)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; to enter into, execute, deliver and
perform its obligations under the Transaction Documents to which it is a party;</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(h)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; to cause to be prepared and file (i)
reports required to be filed under the Exchange Act, (ii) any reports required
by the rules of any securities exchange or quotation system on which the Trust
Units are listed or admitted to trading, and (iii)&nbsp;any reports or forms
required to be filed pursuant to tax laws and other applicable laws and
regulations, and to establish, evaluate and maintain a system of internal
control over financial reporting in compliance with the requirements of Section
404 of the Sarbanes-Oxley Act; and</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; to engage in such other activities
as are necessary or convenient for the attainment of any of the foregoing or
are incident thereto and which may be engaged in or carried on by a statutory
trust under the Trust Act.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 2.03&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-style:italic;"><i>Transfer of Trust Property to the Trust</i></font>.
Upon the formation of the Trust, MV Partners paid good and valuable
consideration to the Trust, in trust, for the uses and purposes provided in the
Organizational Trust Agreement and in this Agreement.&#160; At (and subject to the occurrence of) the Closing,
MV Partners shall, or shall cause its Affiliates to, grant, bargain, sell,
convey and assign to the Trust for the uses and purposes provided herein
(i)&nbsp;the Net</font></p>
 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Profits Interest pursuant to the Conveyance and
(ii)&nbsp;the Hedge Agreements Assignment in consideration for 11,500,000 Trust
Units to be issued by the Trust to MV Partners, which Trust Units shall
collectively represent the entire Beneficial Interest in accordance with
Section&nbsp;4.01 of this Agreement.&#160; The
issuance of the 11,500,000 Trust Units is hereby duly authorized and, upon
issuance at the Closing, such Trust Units shall be duly and validly issued and
outstanding and, upon receipt by the Trust at the Closing of the consideration
described in the preceding sentence, the Trust Units will be fully paid and
non-assessable without the requirement of any further consideration.</font></p>  <p style="margin:0pt 0pt 12.0pt;page-break-after:avoid;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 2.04&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-style:italic;"><i>Creation of the Trust</i></font>.&#160; The Trustee declares that it shall hold the
Trust Estate in trust for the benefit of the Trust Unitholders, upon the terms
and conditions set forth in this Agreement.&#160;
As set forth above and amplified herein, the Trust is intended to be a
passive entity limited to the receipt of revenues attributable to the Net
Profits Interest and the Hedge Agreements Assignment and the distribution of
such revenues, after payment of or provision for Trust expenses and
liabilities, to the Trust Unitholders. It is not the intention of the parties
hereto to create, and nothing in this Agreement shall be construed as creating,
for any purpose, a partnership, joint venture, joint stock company or similar
business association, between or among Trust Unitholders, present or future, or
between or among Trust Unitholders, or any of them, the Delaware Trustee, the
Trustee and/or MV Partners. Neither the Trustee nor the Delaware Trustee, in
its individual capacity, makes any representation as to the validity or
sufficiency of this Trust Agreement.</font></p>  <p style="margin:0pt 0pt 12.0pt;page-break-after:avoid;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 2.05&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="font-style:italic;"><i>Principal Offices and Delaware Trustee</i></font>.
Unless and until changed by the Trustee, the address of the principal office of
the Trustee is 221 West Sixth Street, 1st Floor, Austin, Texas 78701,
Attention: Institutional Trust Services.&#160;
Unless and until changed by the Delaware Trustee, the principal place of
business of the Delaware Trustee is 1100
North Market Street, Wilmington, Delaware 19890-1615, Attention: Corporate
Trust Administration. The Trust may maintain offices at such other place
or places within or without the State of Delaware as the Trustee deems
advisable.</font></p>  <p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE III<br>
ADMINISTRATION OF THE TRUST AND POWERS OF THE TRUSTEE AND THE DELAWARE TRUSTEE</font></b></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt 72.0pt;text-indent:-36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section
3.01</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>General
Authority</i></font>.</p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Trustee accepts the trust hereby
continued and agrees to perform its duties hereunder with respect to the same,
but only upon the express terms of this Agreement. Subject to the limitations
set forth in this Agreement, the Trustee, acting alone, without the approval or
consent of, or notice to, the Delaware Trustee or any Trust Unitholder, is
authorized to take such action as in its judgment is necessary, desirable or
advisable to best achieve the purposes of the Trust, including the authority to
enter into, deliver and perform on behalf of the Trust the Hedge Agreements
Assignment, the Registration Rights Agreement and the Administrative Services
Agreement (which the Trustee is hereby directed to do), to re-convey on behalf
of the Trust the Net Profits Interest to MV Partners and to agree on behalf of
the Trust to modifications of the terms of the Conveyance to correct errors or
ambiguities or to settle disputes with respect thereto, so long as such
modifications or settlements do not alter the nature of the</font></p>
 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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    <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Net Profits Interest as the right to receive a share
of the net proceeds from production from the Underlying Properties in
accordance with the Conveyance. The Trustee shall not (i)&nbsp;dispose of any
part of the Trust Estate except as provided in Sections 3.02 and 3.07 hereof or
(ii)&nbsp;agree to amend or waive any provision of, give any consent or release
with respect to, or terminate the Conveyance or the Hedge Agreements Assignment
without the approval of the Trust Unitholders as provided in
Article&nbsp;VIII.&#160; Without in any way
limiting the power and authority of the Trustee, the Trustee is expressly
authorized and empowered to enter into such amendments or modifications to, or
waive any rights with respect to, the Administrative Services Agreement or the
Registration Rights Agreement without obtaining the approval of the Trust
Unitholders as provided in Article&nbsp;VIII.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Delaware Trustee accepts the
Trust hereby continued and agrees to perform its duties hereunder with respect
to the same, but only upon the express terms of this Agreement. The Delaware
Trustee is authorized to take only such actions, and shall be required to
perform only such duties and obligations, with respect to the Trust as are
specifically set forth in this Agreement, and no implied duties, obligations or
powers shall be read into this Agreement in respect to the Delaware Trustee.
The Delaware Trustee shall not otherwise manage or take part in the business or
affairs of the Trust in any manner.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Notwithstanding any other provision
of this Agreement, unless specifically authorized in writing by the Trustee and
consented to by the Delaware Trustee, the Delaware Trustee shall not
participate in any decisions or possess any authority with respect to the
administration of the Trust, the investment of the Trust&#146;s property or the
payment of dividends or other distributions of income or principal to the Trust
Unitholders. The Delaware Trustee shall have the power and authority to
execute, deliver, acknowledge and file all necessary documents and to maintain
all necessary records of the Trust as required by the Trust Act.&#160; The Delaware Trustee shall provide prompt
written notice to the Trustee of its performance of any of the foregoing
acts.&#160; The Trustee shall reasonably keep
the Delaware Trustee informed of any material action taken by the Trustee with
respect to the Trust.</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section
3.02</font></i>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Limited
Power of Disposition</font>.</p>  <p style="margin:0pt 0pt 12.0pt;page-break-after:avoid;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; In the event that MV Partners
notifies the Trustee that it desires the Trustee to sell or dispose of all or
any part of the Trust Estate, including, without limitation, all or any portion
of the Net Profits Interest or the Hedge Agreements Assignment, or any interest
therein, and the Trustee determines it to be in the best interest of the Trust
Unitholders, the Trustee may sell, at any time and from time to time, all or
any part of any of the Trust Estate for cash in such a manner as it deems in
the best interest of the Trust Unitholders if approved by the Trust Unitholders
present or represented at a meeting held in accordance with the requirements of
Article VIII.&#160; This Section 3.02(a) shall
not be construed to require approval of the Trust Unitholders for any sale or
other disposition of all or any part of the Trust Estate pursuant to Sections
3.02(b), 3.07 or 9.03.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Trustee shall not sell or
otherwise dispose of all or any part of the Trust Estate, including, without
limitation, all or any portion of the Net Profits Interest or the Hedge Agreements
Assignment, or any interest therein, except that the Trustee is directed to
sell and convey all or any portion of the Net Profits Interest as provided in
this Section&nbsp;3.02 and in</font></p>
 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Sections 3.07 and 9.03 of this Agreement and no Trust
Unitholder approval shall be required for any sale or conveyance in accordance
with any of such provisions.&#160; Any sale or
conveyance by the Trustee of any part of the Trust Estate other than pursuant
to this Section&nbsp;3.02(b) or Sections&nbsp;3.07 or 9.03 shall be subject to
Section&nbsp;3.02(a).</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:108.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; MV Partners and its Affiliates may
at any time and from time to time sell, but only in accordance with the
provisions set forth below and in accordance with the terms of the Conveyance,
a divided or undivided portion of their interests in the Underlying Properties,
free from and unburdened by the Net Profits Interest without the consent of the
Trustee or the Trust Unitholders.&#160; Upon
receipt of written notice of such a sale given by MV Partners or its Affiliates,
the Trustee shall execute and deliver at the closing of such sale a partial
release and consent, and such other instruments, agreements and documents as MV
Partners or its Affiliates may reasonably request, to evidence or effect the
transfer of such portion of MV Partners&#146; or its Affiliates&#146; interests in the
Underlying Properties, free from and unburdened by the Net Profits Interest,
provided that:</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:144.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(A)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; no sale of a portion of MV Partners&#146;
or its Affiliates&#146; interests in the Underlying Properties free from and
unburdened by the Net Profits Interest that would otherwise burden such portion
of MV Partners&#146; or its Affiliates&#146; interests shall be permitted under this
paragraph (i)&nbsp;if (1)&nbsp;the sale is to a Person who is an Affiliate of
MV Partners, (2)&nbsp;the sale relates to an interest in the Underlying
Properties that accounted for in excess of 0.25% of the total production from
all Underlying Properties during the most recently completed 12 calendar
months, or (3)&nbsp;the aggregate sales proceeds to be received by the Trust
pursuant to clause (B) of this paragraph (i) with respect to the portion of the
Net Profits Interest to be released by the Trustee, plus the aggregate sales
proceeds received by the Trust pursuant to clause (B) of this paragraph (i)
with respect to all other portions of the Net Profits Interest previously
released by the Trustee pursuant to this paragraph (i) during the most recently
completed 12 calendar months, would exceed $500,000;</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:144.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(B)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; in connection with any sale pursuant
to this paragraph (i), the Trust shall receive from MV Partners an amount equal
to the Fair Value to the Trust for the portion of the Net Profits Interest to
be released by the Trustee in connection with the sale of the Underlying
Properties; and</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:144.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(C)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Trustee shall have received a
certificate from MV Partners executed by or on behalf of the manager thereof
certifying to the Trustee and the Trust that the cash to be received by the
Trust pursuant to clause (B) above represents the Fair Value to the Trust for
the portion of the Net Profits Interest to be released by the Trustee in
connection therewith.</font></p>  <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Any other sale of all or any portion of the Underlying Properties will
not relieve MV Partners of its obligations with respect to the Net Profits
Interest.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:108.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; In the event that a portion of the
Net Profits Interest is to be released pursuant to Section&nbsp;3.02(b)(i) of
this Agreement, upon receipt of (A)&nbsp;funds equal to the required payment,
(B)&nbsp;an accurate description of said portion of the Net Profits Interest
and (C)&nbsp;sufficient information to evidence conclusively that the
conditions to purchase referred to in</font></p>
 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">9</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">the applicable section of the Conveyance have been
satisfied, then within a reasonable time thereafter, and upon advice of such
experts as may be retained by the Trustee with the written consent of MV Partners,
which consent shall not be unreasonably withheld or delayed, the Trustee shall
execute and deliver a Trustee Conveyance covering said portion of the Net
Profits Interest to MV Partners or its assignee.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:108.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; In addition to the transfers permitted
by paragraph (i) of this Section&nbsp;3.02(b) and subject to the terms of the
Conveyance, MV Partners or any of its Affiliates may at any time or from time
to time sell a divided or undivided portion of its interest in the Underlying
Properties, provided that such sale is subject to and burdened by the Net
Profits Interest that burdens such portion of MV Partners&#146; or its Affiliates&#146;
interest, without the consent of the Trust Unitholders. Promptly after
completion of any such sale, MV Partners shall so notify the Trustee in
writing. Any purchaser of such Underlying Properties shall be the assignee of
MV Partners to the extent of the interest sold and shall be bound by the
obligations of MV Partners under this Agreement and the Conveyance to such
extent.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:108.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iv)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Anything herein to the contrary
notwithstanding, the Trustee shall not agree to any distribution of the Net
Profits Interest or any other asset of the Trust that would cause the interest
of a Trust Unitholder to be treated (except for tax purposes) as other than an
intangible personal property interest. Unless required to sell pursuant to this
Section&nbsp;3.02, or pursuant to Section 3.07 or Section 9.03 hereof, or to
distribute the Quarterly Cash Distribution pursuant to Section&nbsp;5.02
hereof, the Trustee is authorized to retain any part of the Trust Estate in the
form in which such property was transferred to the Trustee, without regard to
any requirement to diversify investments or other requirements.</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section
3.03</font></i>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; No Power
to Engage in Business or Make Investments</font>.&#160; Neither the Trustee nor the Delaware Trustee
shall cause or permit the Trust to acquire any asset other than the Net Profits
Interest and the Hedge Agreements Assignment and proceeds therefrom, the rights
of the Trust to enforce the terms and provisions of the Administrative Services
Agreement and the Registration Rights Agreement, and other amounts paid to the
Trust as set forth herein, or engage in any business or investment activity of
any kind whatsoever, except for the activities permitted herein. Neither the
Trustee nor the Delaware Trustee shall have any responsibility or authority
relating to the operations of the Underlying Properties or the marketing of any
production therefrom.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section
3.04&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Interest
on Cash Reserves</font>.&#160; Cash being held
by the Trustee as a reserve for, or in anticipation of, the distribution of a
Quarterly Cash Distribution or for the payment of any liabilities, other than
current routine administrative costs, shall be placed by the Trustee with one
or more banks or financial institutions (which, to the extent to which
authorized pursuant to the Trust Act and other applicable laws, may be, or may
include, any bank serving as the Trustee or the Delaware Trustee) and invested
in (i)&nbsp;accounts payable on demand without penalty, (ii)&nbsp;interest bearing
obligations issued by (or unconditionally guaranteed by) the United States of
America or any agency or instrumentality thereof (provided such agency or
instrumentality obligations are guaranteed by the full faith and credit of the
United States of America), (iii)&nbsp;repurchase agreements secured by
obligations qualifying under (ii)&nbsp;above or (iv)&nbsp;certificates of
deposit of any bank or banks having combined capital, surplus and undivided
profits in excess of $100,000,000 which, in the case of (ii), (iii) and (iv)
above, mature prior to the date on which</p>
 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">such Quarterly Cash Distribution is to be distributed
or any such liability is to be paid. Any government obligation, repurchase
agreement or certificate of deposit held by the Trustee shall be held until
maturity. The interest rate on reserves placed with any bank or financial
institution serving as the Trustee or the Delaware Trustee shall be the
interest rate that such bank pays in the normal course of business on amounts
placed with it, taking into account the amount involved, the period held and
other relevant factors. Subject to Section&nbsp;6.01, the Trustee shall not be
liable for its selection of permitted investments or for any investment losses
resulting from such investments. Notwithstanding anything herein to the
contrary, the Delaware Trustee shall not be obligated to accept any such cash
or other assets for investment or otherwise.&#160;
To the extent that the Delaware Trustee decides in its sole absolute
discretion to accept cash for investment pursuant to this Section 3.04, the
Delaware Trustee shall invest such cash pursuant to the written instructions of
the Trustee, and the Delaware Trustee shall not be liable to the Trust for any
losses resulting from such investments absent its own fraud or acts or
omissions in bad faith or which constitute gross negligence.</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section
3.05&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Power to
Settle Claims</font>. The Trustee is authorized to prosecute or defend, and to
settle by arbitration or otherwise, any claim of or against the Trustee, the
Trust or the Trust Estate, to waive or release rights of any kind and to pay or
satisfy any debt, tax or claim upon any evidence by it deemed sufficient,
without the joinder or consent of any Trust Unitholder, including enforcing the
rights of the Trust under the Administrative Services Agreement, the Hedge
Agreements Assignment and the Conveyance.&#160;
The Trust Unitholders shall have no power to prosecute any claim of the
Trust or the Trust Estate against any Person other than to prosecute a claim to
compel performance by the Trustee on behalf of the Trust or the Trust Estate.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section
3.06&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Power to
Contract for Services</font>. In the administration of the Trust, the Trustee
is empowered to employ oil and natural gas consultants (which may include the
Independent Reserve Engineers), accountants (with the consent of MV Partners,
which consent shall not be unreasonably withheld or delayed), attorneys (who
may, but need not be, counsel to MV Partners or any of its Affiliates) and
other professional and expert Persons, to employ or contract for clerical and
other administrative assistance (including assistance from MV Partners or any
of its Affiliates), to delegate to agents, employees, officers, directors,
custodians or nominees (individually, an &#147;Agent&#148; and collectively, &#147;Agents&#148;)
any matter, whether ministerial or discretionary, and to act through such
Agents and to make payments of all fees for services or expenses in any manner
thus incurred out of the Trust Estate.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section
3.07&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Payment
of Liabilities of Trust</font>.&#160; Except
as otherwise provided herein, the Trustee may and shall use all money received
by it for the payment or reimbursement of all liabilities of the Trust,
including, but without limiting the generality of the foregoing, all expenses,
taxes, liabilities incurred of all kinds, compensation to it for its services
hereunder, as provided for in Article&nbsp;VII, and compensation to such
parties as may be employed as provided for in Section&nbsp;3.06 hereof. With
respect to any liability that is contingent or uncertain in amount or that
otherwise is not currently due and payable, the Trustee may, but is not
obligated to, establish a cash reserve for the payment of such liability.
Except to the extent permitted under applicable law, the Trustee shall not pay
any liability of the Trust with funds set aside pursuant to Section&nbsp;5.02
hereof for the payment of a Quarterly Cash Distribution. If at any time the
cash on hand and to be received by the Trustee and available to pay liabilities
is not, or will not be, in the</p>
 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">judgment of the Trustee, sufficient to pay liabilities
of the Trust as they become due, the Trustee is authorized to cause the Trust
to borrow the funds required to pay such liabilities. In such event, no further
distributions will be made to Trust Unitholders (except in respect of previously
determined Quarterly Cash Distribution) until the indebtedness created by such
borrowings has been paid in full. Such funds may be borrowed from any Person,
including, without limitation, the Bank while serving as Trustee or any other
Entity serving as a fiduciary hereunder, on a secured or unsecured basis; <i>provided</i> that neither the Bank nor any
other Entity shall be required to make any such loan. Under no circumstances
shall the Trustee or the Delaware Trustee be personally liable for any
indebtedness of the Trust. To secure payment of such indebtedness (including
any indebtedness to the Bank or any other Entity serving as a fiduciary
hereunder), the Trustee is authorized to (i)&nbsp;mortgage, pledge, grant
security interests in or otherwise encumber the Trust Estate, or any portion
thereof, including the Net Profits Interest, (ii)&nbsp;include any and all
terms, powers, remedies, covenants and provisions deemed necessary or advisable
in the Trustee&#146;s discretion, including, without limitation, confession of
judgment and the power of sale with or without judicial proceedings and
(iii)&nbsp;provide for the exercise of those and other remedies available to a
secured lender in the event of a default on such loan. If such funds are loaned
to the Trust by the Trustee or any other such Entity while the Trustee or such
other Entity is serving as a fiduciary hereunder, the terms of such
indebtedness and security interest shall be similar to the terms which the
Trustee or such other Entity would grant to a similarly situated commercial
customer with whom it did not have, directly or indirectly, a fiduciary
relationship, and the Trustee or such other Entity shall be entitled to enforce
its rights with respect to any such indebtedness and security interest as if it
were not, directly or indirectly, and had never been, directly or indirectly,
the Trustee or a fiduciary hereunder. No provision of this Trust Agreement
shall require either the Delaware Trustee, the Trustee or any other Entity
serving as a fiduciary hereunder, to expend or risk its own funds or otherwise
incur personal financial liability in the performance of any of its duties
hereunder or in the exercise of any of its rights or powers, if there is
reasonable ground for believing that the repayment of such funds or adequate
indemnity against such risk or liability is not reasonably assured to it.</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section
3.08</font></i>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Income
and Principal</font>.&#160; The Trustee shall
not be required to keep separate accounts or records for income and principal.
However, if the Trustee does keep such separate accounts or records, then the
Trustee is authorized to treat all or any part of the receipts from the Net
Profits Interest or the Hedge Agreements Assignment as income or principal,
without having to maintain any reserve therefor, and in general to determine
all questions as between income and principal and to credit or charge to income
or principal or to apportion between them any receipt or gain and any charge,
disbursement or loss as is deemed advisable under the circumstances of each
case.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section
3.09&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Term of
Contracts</font>.&#160; In exercising the
rights and powers granted hereunder, the Trustee is authorized to make the term
of any transaction or contract or other instrument extend beyond the term of
the Trust.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section
3.10&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Transactions
With Entity Serving as the Trustee or the Delaware Trustee</font>. To the
extent such conduct is not prohibited by applicable law and except as otherwise
provided herein, both the Trustee and the Delaware Trustee are each authorized
in exercising its <font style="font-style:italic;"><i style="font-style:normal;">powers</i></font>
under this Agreement to make contracts and have dealings with itself or its
Affiliates, directly and indirectly, in any other fiduciary or individual
capacity.</p>
 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">12</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section
3.11&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>No
Security Required</font>.&#160; No Entity
serving as a trustee hereunder shall be required to furnish any bond or security
of any kind.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section
3.12&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Filing of
Securities Act Registration Statement, Exchange Act Registration Statement and
Other Reports, Listing of Trust Units, etc.; Certain Fees and Expenses</font>.</p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; In connection with the initial public
offering of Trust Units, the Trustee shall, on behalf of the Trust, use
commercially reasonable efforts without the incurrence of unreasonable expense
to cause:</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:108.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Securities Act Registration
Statement to be prepared, signed, filed with the Commission, and declared
effective by the Commission;</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:108.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Exchange Act Registration
Statement to be prepared, signed, filed with the Commission, and declared
effective by the Commission; and</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:108.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; the Trust Units to be listed for
trading on the New York Stock Exchange, Inc. (the &#147;NYSE&#148;), the NASDAQ Stock
Market LLC (the &#147;NASDAQ&#148;) or another national securities exchange, as MV
Partners shall select.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; After the registration of the Trust
Units pursuant to the Exchange Act and/or the listing of the Trust Units for
trading on the New York Stock Exchange, Inc., NASDAQ or another national
securities exchange, the Trustee, on behalf of the Trust and acting upon the
advice of counsel, shall cause the Trust to comply with all of the rules,
orders and regulations of the Commission, such exchange or the National
Association of Securities Dealers, Inc. related to such registration or
listing, as the case may be, and take all such other reasonable actions
necessary for the Trust Units to remain so registered or listed until the Trust
is terminated.&#160; In addition, the Trustee
is authorized to make, and the Trustee shall take, all reasonable actions to
prepare and, to the extent required by this Agreement or by law, mail to Trust
Unitholders any reports, press releases or statements, financial or otherwise,
that the Trustee determines are required to be provided to Trust Unitholders by
applicable law or governmental regulation or the requirements of any securities
exchange or quotation system on which the Trust Units are listed or admitted to
trading.&#160; In addition, the Trustee, on
behalf of the Trust and acting upon the advice of counsel, shall cause the
Trust to comply with all of the provisions of the Sarbanes-Oxley Act and the
rules and regulations of the Commission related thereto, including but not limited
to, establishing, evaluating and maintaining a system of internal control over
financial reporting in compliance with the requirements of Section 404 thereof
and making all required certifications pursuant to the Sarbanes-Oxley Act and
the rules and regulations adopted by the Commission related thereto.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Trustee shall execute, by and on
behalf of the Trust, any documents incidental or related to the objectives
specified in paragraphs (a) and (b) of this Section 3.12.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Trust is hereby authorized and
empowered to take all steps, make all filings and applications and pay all fees
necessary, customary or appropriate to the accomplishment of the objectives set
forth in paragraphs (a) and (b) of this Section 3.12</font></p>
 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">13</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">including, without limitation, the entering into the
Administrative Services Agreement with MV Partners.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Except as otherwise provided in
Article&nbsp;VI of this Agreement, the fees, charges, expenses, disbursements
and other costs incurred by the Trustee or the Delaware Trustee in connection
with the discharge of its duties pursuant to this Agreement, including, without
limitation, trustee fees, engineering, audit, accounting and legal fees,
printing and mailing costs, amounts reimbursed or paid to MV Partners pursuant
to Section&nbsp;3.06 or Section&nbsp;7.02 hereof, and the fees and expenses of
legal counsel for the Trustee, the Delaware Trustee, and the Trust (including
legal fees and expenses incurred by the Trustee or the Delaware Trustee in
connection with the formation of the Trust and issuance of Trust Units), shall
be paid out of the Trust Estate as an administrative expense of the Trust,
provided that the Trustee&#146;s and the Delaware Trustee&#146;s acceptance fees paid by
MV Partners upon execution hereof shall be reimbursed to MV Partners. All other
organizational expenses of the Trust will be paid by MV Partners, and MV
Partners shall not be entitled to reimbursement thereof.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Trustee is hereby authorized and
empowered to take all steps, make all filings and applications and pay all fees
necessary, customary or appropriate in order to perform the obligations of the
Trust under the Registration Rights Agreement.</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section
3.13&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Reserve
Report</font>.&#160; The Trustee shall cause a
reserve report to be prepared by or for the Trust by the Independent Reserve
Engineers as of December 31 of each year in accordance with criteria
established by the Commission showing estimated proved oil, natural gas and
natural gas liquids reserves attributable to the Net Profits Interest as of
December 31 of such year and other reserve information required to comply with
Section 5.03 of this Agreement.&#160; MV
Partners, to the extent it is the operator of the Underlying Properties, shall,
and to the extent any of its Affiliates is the operator of the Underlying
Properties, shall cause such Affiliate or Affiliates to, use commercially
reasonable efforts to cooperate with the Trust and the Independent Reserve
Engineers in connection with the preparation of any such reserve report.&#160; The Trustee shall cause each reserve report
prepared pursuant to this Section&nbsp;3.13 to be completed and delivered to it
within 75 days of the last day of the prior calendar year or such shorter
period of time as may be required to enable the Trustee to comply with the
provisions of Section&nbsp;5.03 of this Agreement.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section
3.14&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>No
Liability for Recordation</font>.&#160; MV
Partners shall be solely responsible, and the Trustee and the Delaware Trustee
shall have no responsibility, for the filing of the Conveyance in the real
property records of any jurisdiction in which the Underlying Properties are
located. Neither the Trustee, the Delaware Trustee, the Bank nor any of their
respective Agents shall be liable to the Trust Estate or any Trust Unitholder
for any loss, claim or damage resulting from, or arising out of, the failure to
file, or failure to properly file, the Conveyance in any real property records
of any jurisdiction.</p>  <p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE IV<br>
TRUST UNITS AND UNCERTIFICATED BENEFICIAL INTEREST</font></b></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section
4.01&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Creation
and Distribution</font>.&#160; Ownership of
the entire Beneficial Interest shall be divided into 11,500,000 Trust Units.
The Trust Units shall be uncertificated and</p>
 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;page-break-after:avoid;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">ownership thereof shall
be evidenced by entry of a notation in an ownership ledger maintained for such
purpose by the Trustee or a transfer agent designated by the Trustee.&#160; The holders of the Trust Units from time to
time shall be the sole beneficiaries of principal and interest of the Trust.</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section
4.02&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Rights of
Trust Unitholders; Limitation on Personal Liability of Trust Unitholders</font>.
Each Trust Unit shall represent pro rata undivided ownership of the Beneficial
Interest and shall entitle its holder to participate pro rata in the rights and
benefits of holders of Trust Units under this Agreement.&#160; A Trust Unitholder (whether by assignment or
otherwise) shall take and hold each Trust Unit subject to all the terms and
provisions of this Agreement, which shall be binding upon and inure to the
benefit of the successors, assigns, legatees, heirs and personal
representatives of such Trust Unitholder. By an assignment or a transfer of one
or more Trust Units, the assignor thereby shall, with respect to such assigned
or transferred Trust Unit or Trust Units, part with, except as provided in
Section&nbsp;4.03 hereof in the case of a transfer after a Quarterly Record
Date and prior to the corresponding Quarterly Payment Date, (i)&nbsp;all of its
Beneficial Interest attributable to such Trust Unit or Trust Units and
(ii)&nbsp;all interests, rights and benefits of a Trust Unitholder under the
Trust and this Agreement that are attributable to such Trust Unit or Trust
Units as against all other Trust Unitholders, the Trust and the Trustee,
including, without limiting the generality of the foregoing, any and all rights
to any Quarterly Cash Distribution, or any portion thereof, attributable to any
Trust Units so assigned or transferred, for any Quarterly Period or Quarterly
Periods subsequent to the Quarterly Period which relates to the last Quarterly
Record Date on which the assignor owned such Trust Units. The Trust Units and
the rights, benefits and interests evidenced thereby (including, without
limiting the foregoing, the entire Beneficial Interest) are and, for all
purposes, shall be construed (except for tax purposes), to be in all respects
intangible personal property, and the Trust Units shall be bequeathed,
assigned, disposed of and distributed as intangible personal property. No Trust
Unitholder as such shall have any title, legal or equitable, in or to any real
property interest or tangible personal property interest that may be considered
a part of the Trust Estate, including, without limiting the foregoing, the Net
Profits Interest or any part thereof, or in or to any asset of the Trust Estate
to the extent that an interest in such asset would cause the interest of a
Trust Unitholder to be treated as other than an intangible personal property
interest, but the sole interest of each Trust Unitholder shall be his ownership
in the Beneficial Interest. No Trust Unitholder shall have the right to call
for or demand or secure any partition or distribution of the Net Profits
Interest or any other asset of the Trust Estate or any accounting during the
continuance of the Trust or during the period of liquidation and winding up
under Section&nbsp;9.03 of this Agreement.&#160;
Pursuant to Section&nbsp;3803(a) of the Trust Act, the Trust Unitholders
shall be entitled, to the fullest extent permitted by law, to the same
limitation of personal liability extended to stockholders of private
corporations for profit organized under the General Corporation Law of the
State of Delaware.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section
4.03&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Effect of
Transfer</font>.&#160; As to matters affecting
the title, ownership, warranty or transfer of Trust Units, Article&nbsp;8 of
the Uniform Commercial Code, the Uniform Act for Simplification of Fiduciary
Security Transfers, and other statutes and rules with respect to the transfer
of securities, each as is adopted and then in force in the State of Delaware,
shall govern and apply. The death of any Trust Unitholder shall not entitle the
Transferee of such Trust Unitholder to an accounting or valuation for any
purpose pursuant to the terms hereof.</p>
 <p style="margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">15</font></p>
</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 4.04</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Determination
of Ownership</font>. &#160;In the event of any
disagreement between Persons claiming to be Transferees of any Trust Unit, or
in the event of any question on the part of the Trustee when presented with a
request for transfer of a Trust Unit, which the Trustee believes is not fully
resolved by opinions of counsel or other documents obtained in connection
therewith, then, in addition to other rights which it may have under applicable
law, the Trustee shall be entitled at its option to refuse to recognize any
such claim so long as such disagreement or question shall continue. In so
refusing, the Trustee, and any Entity serving in such capacity, may elect to
make no disposition of the interest represented by the Trust Unit involved, or
any part thereof, or of any sum or sums of money accrued or accruing
thereunder, and, in so doing, the Trustee shall not be or become liable to any
Person for the failure or refusal of the Trustee to comply with such
conflicting claims or requests for transfer, and shall be entitled to continue
so to refrain and refuse so to act, until:</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the rights of the
adverse claimants or the questions of the Trustee have been adjudicated by a
final nonappealable judgment of a court assuming and having jurisdiction of the
parties and the interest and money involved, or</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>all differences have
been adjusted by valid agreement between said parties and the Trustee shall
have been notified thereof in writing signed by all of the interested parties.</p>  <p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:auto;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE V<br>
ACCOUNTING AND DISTRIBUTIONS; REPORTS</font></b></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 5.01</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Fiscal Year
and Accounting Method</font>.&#160; The Trust
shall adopt the calendar year as its fiscal year and shall maintain its books
on an appropriate basis to comply with Sections 5.03 and 5.04, except to the
extent such books must be maintained on any other basis pursuant to applicable
law.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 5.02</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Quarterly
Distributions</font>.&#160; On (or, to the
extent possible, prior to) the Quarterly Record Date, the Trustee shall, in the
manner required by the rules of any securities exchange or quotation system on
which the Trust Units are listed or admitted to trading, communicate to the
Trust Unitholders its determination of the amount of the Quarterly Cash
Distribution for the relevant Quarterly Period based on (i)&nbsp;information
provided to the Trustee by MV Partners pursuant to the terms of the Conveyance
with respect to the cash proceeds to be received by the Trust in respect of the
Net Profits Interest for the relevant Quarterly Period and (ii)&nbsp;the amount
of interest earned during the relevant Quarterly Period on such cash proceeds
held by the Trust.&#160; On each Quarterly
Payment Date, the Trustee shall distribute pro rata the Quarterly Cash
Distribution with respect to the immediately preceding Quarterly Period to
Trust Unitholders of record on the Quarterly Record Date for such Quarterly
Period.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 5.03</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Reports to
Trust Unitholders and Others</font>.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Within 75 days
following the end of each of the calendar quarters, except the fourth calendar
quarter of each calendar year, or such shorter period of time as may be
required by the rules and regulations of the Commission adopted with respect to
the Exchange Act or by the rules of any securities exchange or quotation system
on which the Trust Units are listed or admitted to trading, the Trustee shall
mail to each Person who was a Trust Unitholder of</p>
 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">16</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">record on the Quarterly
Record Date for such Quarterly Period a report, which may be a copy of the
Trust&#146;s quarterly report on Form 10-Q under the Exchange Act, which shall show
in reasonable detail the assets and liabilities and receipts and disbursements
of the Trust for such calendar quarter.&#160;
The obligation to mail a report to each Trust Unitholder of record on a
Quarterly Record Date shall be deemed to be satisfied if the Trustee files a
copy of the Trust&#146;s quarterly report on Form 10-Q on the Electronic Data
Gathering, Analysis, and Retrieval system (EDGAR) maintained by the Commission
or otherwise makes such report publicly available on an internet website that
is generally accessible to the public. </font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Within 120 days
following the end of each fiscal year or such shorter period of time as may be
required by the rules and regulations of the Commission adopted with respect to
the Exchange Act or by the rules of any securities exchange or quotation system
on which the Trust Units are listed or admitted to trading, the Trustee shall
mail to each Person who was a Trust Unitholder of record on a date to be
selected by the Trustee an annual report, containing financial statements
audited by a nationally recognized independent registered public accounting
firm selected by the Trustee, plus such annual reserve information regarding
the Net Profits Interest as may be required by any regulatory authority having
jurisdiction. </p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Notwithstanding any
time limit imposed by paragraph (a) or (b) of this Section&nbsp;5.03, if, due
to a delay in receipt by the Trustee of information necessary for preparation
of a report or reports required by such paragraphs, the Trustee shall be unable
to prepare and mail such report or reports within such time limit, the Trustee
shall prepare and mail such report or reports as soon thereafter as
practicable.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 5.04</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Federal
Income Tax Provisions</font>.&#160; For
federal or state income tax purposes, the Trustee shall file for the Trust such
returns and statements as in its <font style="font-style:italic;"><i style="font-style:normal;">judgment</i></font>
are required to comply with applicable provisions of the Internal Revenue Code
of 1986, as amended, and regulations and any applicable state laws and
regulations, in either case to permit each Trust Unitholder to report such
Trust Unitholder&#146;s share of the income and deductions of the Trust. The Trustee
will treat all income and deductions of the Trust for each month as having been
realized on the Quarterly Record Date for such quarter unless otherwise advised
by its counsel.&#160; The Trustee will treat
the Trust and report with respect to the Trust as a grantor trust until and
unless it receives an opinion of tax counsel that such reporting is no longer
proper.&#160; Within 75 days following the end
of each fiscal year, the Trustee shall mail to each Person who was a Trust
Unitholder of record on a Quarterly Record Date during such fiscal year, a
report which shall show in reasonable detail such information as is necessary
to permit all holders of record of Trust Units on a Quarterly Record Date
during such fiscal year to make calculations necessary for tax purposes.</p>  <p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:auto;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE VI<br>
LIABILITY OF DELAWARE TRUSTEE AND TRUSTEE AND METHOD OF SUCCESSION</font></b></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section
6.01</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-style:italic;"><i>Liability of Delaware
Trustee, Trustee and Agents</i></font>.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Notwithstanding any
other provision of this Agreement, each of the Delaware Trustee and the
Trustee, in carrying out its powers and performing its duties, may act</p>
 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">17</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">directly or in its
discretion, at the expense of the Trust, through Agents (including attorneys)
pursuant to agreements entered into with any of them, and each Entity serving
as Delaware Trustee or Trustee shall be personally or individually liable only
for (a)&nbsp;its own fraud or acts or omissions in bad faith or which
constitute gross negligence and (b)&nbsp;taxes, fees or other charges on, based
on or measured by any fees, commissions or compensation received by it in
connection with any of the transactions contemplated by this Agreement, and
shall not otherwise be individually or personally liable under any
circumstances whatsoever, including but not limited to any act or omission of
any Agent unless such Entity has acted in bad faith or with gross negligence in
the selection or retention of such Agent.&#160;
Notwithstanding any other provision of this Agreement, each Agent of the
Delaware Trustee and the Trustee (including MV Partners and any of the
Affiliates when acting as Agents), in carrying out its powers and performing
its duties, may act directly or in its discretion, at the expense of the Trust,
through agents or attorneys engaged by such Agent, and shall not otherwise be
individually or personally liable for any act or omission unless such Agent has
acted in bad faith or with gross negligence.&#160;
Neither the Trustee nor the Delaware Trustee shall have any liability to
any Persons other than the Trust Unitholders in accordance with
Section&nbsp;3803 of the Trust Act and, for the avoidance of any doubt, shall
not have any liability hereunder to the Trust Unitholders absent its own fraud
or acts or omissions in bad faith or which constitute gross negligence. No
Entity serving as Trustee or Delaware Trustee shall be individually liable by
reason of any act or omission of any other Entity serving as Trustee or
Delaware Trustee. </font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Each of the Delaware
Trustee and the Trustee, and each Entity serving in any such fiduciary capacity
or as an Agent of the Delaware Trustee or the Trustee (including MV Partners
and any of its Affiliates when acting as Agents), shall be protected in relying
or reasonably acting upon any notice, certificate, assignment, opinion or
advice of counsel or tax advisors, report of certified accountant, petroleum
engineer, geologists, auditor or other expert, credential, or any other
document or instrument.&#160; Each of the
Delaware Trustee and the Trustee, and each Entity serving in any such fiduciary
capacity or as an Agent of the Delaware Trustee or the Trustee (including MV
Partners and any of its Affiliates when acting as Agents), is specifically
authorized to rely upon the application of Article&nbsp;8 of the Uniform Commercial
Code, the application of the Uniform Act for Simplification of Fiduciary
Security Transfers and the application of other statutes and rules with respect
to the transfer of securities, each as is adopted and then in force in the
State of Delaware, as to all matters affecting title, ownership, warranty or
transfer of the Trust Units, without any personal liability for such reliance,
and the indemnity granted under Section&nbsp;6.02 of this Agreement shall
specifically extend to any matters arising as a result thereof.&#160; Further, and without limiting the foregoing,
each of the Delaware Trustee, the Trustee and each Entity serving in either
such capacity is specifically authorized and directed to rely upon the validity
of the Conveyance and the title held by the Trust in the Net Profits Interest
pursuant thereto and the validity of the Hedge Agreements Assignment, and is
further specifically authorized and directed to rely upon opinions of counsel
in each of the states in which Underlying Properties are located, without any
liability in any capacity for such reliance.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section
6.02</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-style:italic;"><i>Indemnification of Trustee
or Delaware Trustee</i></font>.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Each Entity serving as
the Trustee or the Delaware Trustee, as well as each of their respective Agents
(including MV Partners and any of its Affiliates when acting as</p>
 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">18</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Agents) and
equityholders, shall be indemnified and held harmless by, and receive
reimbursement from, the Trust Estate against and from any and all liabilities,
obligations, actions, suits, costs, expenses, claims, damages, losses,
penalties, taxes, fees and other charges (collectively, &#147;Expenses,&#148; excluding,
however, any taxes and fees payable by the Trustee and the Delaware Trustee on,
based on or measured by any fees, commissions or compensation received by the
Trustee and the Delaware Trustee for their services hereunder) incurred by it
individually in the administration of the Trust and the Trust Estate or any
part or parts thereof, or in the doing of any act done or performed or omission
occurring on account of its being Trustee or Delaware Trustee, except such
Expenses as to which it is liable under Section&nbsp;6.01 of this Agreement (it
being understood that each Entity serving as the Trustee or the Delaware
Trustee (and their respective Agents (including MV Partners and any of its
Affiliates when acting as Agents) and equityholders) shall be indemnified by,
and receive reimbursement from, the Trust Estate against such Entity&#146;s own
negligence which does not constitute gross negligence). Each Entity serving as
the Trustee or the Delaware Trustee shall have a lien upon the Trust Estate for
payment of such indemnification and reimbursement (including, without
limitation, repayment of any funds borrowed from any Entity serving as a
fiduciary hereunder), as well as for compensation to be paid to such Entity, in
each case entitling such Entity to priority as to payment thereof over payment
to any other Person under this Agreement. Neither the Trustee, the Delaware
Trustee nor any Entity serving in either of such capacities, nor any Agent
thereof shall be entitled to any reimbursement or indemnification from any
Trust Unitholder for any Expense incurred by the Delaware Trustee or the
Trustee or any such Entity or Agent thereof, their right of reimbursement and
indemnification, if any, except as provided in Section&nbsp;6.02(b) below,
being limited solely to the Trust Estate, whether or not the Trust Estate is
exhausted without full reimbursement or indemnification of the Trustee, the
Delaware Trustee or any such Entity or Agent thereof. All legal or other
expenses reasonably incurred by the Trustee or the Delaware Trustee in
connection with the investigation or defense of any Expenses as to which such
Entity is entitled to indemnity under this Section&nbsp;6.02(a) shall be paid
out of the Trust Estate.</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>If the Trust Estate is
exhausted without the Trustee, the Delaware Trustee or any Agent or
equityholder thereof being fully reimbursed as provided in Section 6.02(a)
above, MV Partners shall fulfill the remaining indemnity obligation to the Trustee
and the Delaware Trustee.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>If any action or
proceeding shall be brought or asserted against the Trustee or the Delaware
Trustee or any Agent or equityholder thereof (each referred to as an &#147;Indemnified
Party&#148; and, collectively, the &#147;Indemnified Parties&#148;) in respect of which
indemnity may be sought from MV Partners (the &#147;Indemnifying Party&#148;) pursuant to
Section&nbsp;6.02(b) hereof, of which the Indemnified Party shall have received
notice, the Indemnified Party shall promptly notify the Indemnifying Party in
writing, and the Indemnifying Party shall assume the defense thereof, including
the employment of counsel reasonably satisfactory to the Indemnified Party and
the payment of all expenses. The Indemnified Party shall have the right to
employ separate counsel in any such action and to participate in the defense
thereof, but the fees and expenses of such counsel shall be at the expense of
the Indemnified Party unless (i)&nbsp;the Indemnifying Party has agreed to pay
such fees and expenses, (ii)&nbsp;the Indemnifying Party shall have failed to
assume the defense of such action or proceeding and employ counsel reasonably
satisfactory (including the qualifications of such counsel) to the Indemnified
Party on any such action or proceeding or (iii)&nbsp;the named parties to any
such action or proceeding include both the Indemnified Party and</p>
 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">19</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">the Indemnifying Party,
and the Indemnified Party shall have been advised by counsel that there may be
one or more legal defenses available to such Indemnified Party that are
different from or additional to those available to the Indemnifying Party (in
which case, if the Indemnified Party notifies the Indemnifying Party in writing
that it elects to employ separate counsel at the expense of the Indemnifying
Party, the Indemnifying Party shall not have the right to assume the defense of
such action or proceeding on behalf of the Indemnified Party and the
Indemnified Party may employ such counsel for the defense of such action or
proceeding as is reasonably satisfactory to the Indemnifying Party; it being
understood, however, that the Indemnifying Party shall not, in connection with
any one such action or proceeding or separate but substantially similar or
related actions or proceedings in the same jurisdiction arising out of the same
general allegations or circumstances, be liable for the fees and expenses of
more than one separate firm of attorneys for the Indemnified Parties at any
time). The Indemnifying Party shall not be liable for any settlement of any
such action or proceeding effected without the written consent of the
Indemnifying Party (which consent shall not be unreasonably withheld or
delayed), but, if settled with such written consent, or if there be a final
judgment for the plaintiff in any such action or proceeding, the Indemnifying
Party agrees (to the extent stated above) to indemnify and hold harmless the
Indemnified Party from and against any loss or liability by reason of such
settlement or judgment.</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Any claim for
indemnification pursuant to this Section&nbsp;6.02 shall survive the
termination of this Agreement and the resignation or removal of any Indemnified
Party.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Except as expressly set
forth in this Agreement, none of the Trustee, the Delaware Trustee or any other
Indemnified Party shall have any duties or liabilities, including fiduciary
duties, to the Trust or any Trust Unitholder, and the provisions of this
Agreement, to the extent they restrict, eliminate or otherwise modify the
duties and liabilities, including fiduciary duties, of any Indemnified Party
otherwise existing at law or in equity, are agreed by the Trust Unitholders to
replace such other duties and liabilities of such Indemnified Party. To the
extent that, at law or in equity, an Indemnified Party has duties, including
fiduciary duties, and liabilities relating thereto to the Trust or any Trust
Unitholder, any Indemnified Party acting in connection with the Trust&#146;s
business or affairs shall not be liable to the Trust or to any Trust Unitholder
for its good faith reliance on the provisions of this Agreement.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 6.03</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Resignation
of Delaware Trustee and Trustee</font>. Any Entity serving as the Delaware
Trustee or the Trustee may resign, as such, with or without cause, at any time
by written notice to MV Partners, to any other Entity serving as the Delaware
Trustee or the Trustee, and to each of the then Trust Unitholders of record in
accordance with Section&nbsp;12.08 of this Agreement.&#160; Such notice shall specify a date when such
resignation shall take effect, which shall be a Business Day not less than 60
days after the date such notice is mailed; <font style="font-style:italic;"><i>provided, however</i></font>, that in no
event shall any resignation of the Trustee be effective until a successor
Trustee has accepted its appointment as Trustee pursuant to the terms hereof;
and <font style="font-style:italic;"><i>provided further</i></font>
that in no event shall any resignation of the Delaware Trustee be effective
until a successor Delaware Trustee has accepted its appointment as Delaware
Trustee pursuant to the terms hereof.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 6.04</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Removal of
Delaware Trustee and Trustee</font>. &#160;Each
Entity serving as the Delaware Trustee or the Trustee may be removed as trustee
hereunder, with or without cause, by</p>
 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">20</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">the vote of not
less than a majority of the then outstanding Trust Units at a meeting held in
accordance with the requirements of Article&nbsp;VIII, provided that any removal
of the Delaware Trustee shall be effective only at such time as a successor
Delaware Trustee, fulfilling the requirements of Section&nbsp;3807(a) of the
Trust Act, has been appointed and has accepted such appointment, and provided
further that any removal of the Trustee shall be effective only at such time as
a successor Trustee has been appointed and has accepted such appointment.&#160; The Trust Unitholders present or represented
at any such meeting where a trustee is removed may elect, in accordance with
the requirements of Article&nbsp;VIII of this Agreement, a successor trustee at
such meeting, who may accept such appointment effective as of the close of such
meeting.</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 6.05</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Appointment
of Successor Delaware Trustee or Trustee</font>. &#160;In the event of the resignation or removal of
the Entity serving as the Delaware Trustee or the Trustee or if any such Entity
has given notice of its intention to resign as the Delaware Trustee or the
Trustee, (i)&nbsp;with respect to the Delaware Trustee, the Trustee may appoint
a successor Delaware Trustee, or (ii) with respect to either the Delaware
Trustee or the Trustee, the Trust Unitholders represented at a meeting held in
accordance with the requirements of Article&nbsp;VIII may appoint a successor
trustee.&#160; Nominees for appointment may be
made by (i)&nbsp;MV Partners, (ii)&nbsp;the resigned, resigning or removed
trustee or (iii)&nbsp;any Trust Unitholder or Trust Unitholders owning of
record at least 10% of the then outstanding Trust Units.&#160; Any successor to the Trustee shall be a bank
or trust company having combined capital, surplus and undivided profits of at
least $100,000,000. Any successor to the Delaware Trustee shall be a bank or
trust company having its principal place of business in the State of Delaware
and having combined capital, surplus and undivided profits of at least
$20,000,000. Notwithstanding any provision herein to the contrary, in the event
that a new trustee has not been approved within 60 days after a notice of
resignation, a vote of Trust Unitholders removing a Trustee or other occurrence
of a vacancy, a successor trustee may be appointed by any State or Federal
District Court having jurisdiction in New Castle County, Delaware, upon the
application of any Trust Unitholder, MV Partners or the Entity tendering its
resignation or being removed as trustee filed with such court, and in the event
any such application is filed, such court may appoint a temporary trustee at
any time after such application is filed, which shall, pending the final
appointment of a trustee, have such powers and duties as the court appointing
such temporary trustee shall provide in its order of appointment, consistent
with the provisions of this Agreement. Any such temporary trustee need not meet
the minimum standards of capital, surplus and undivided profits otherwise
required of a successor trustee under this Section&nbsp;6.05. Nothing herein
shall prevent the same Entity from serving as both the Delaware Trustee and the
Trustee if it meets the qualifications thereof.</p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Immediately upon the
appointment of any successor trustee, all rights, titles, duties, powers and
authority of the succeeded trustee hereunder (except to the succeeded trustee&#146;s
rights to amounts payable under Article&nbsp;VII or Section&nbsp;6.02 hereof
accruing through the appointment of such successor trustee) shall be vested in
and undertaken by the successor trustee, which shall be entitled to receive
from the predecessor trustee all of the Trust Estate held by it hereunder and
all records and files of the predecessor trustee in connection therewith. Any resigning
or removed trustee shall account to its successor for its administration of the
Trust. All successor trustees shall be fully protected in relying upon such
accounting and no successor trustee shall be obligated to examine or seek
alteration of any account of any preceding trustee, nor shall any successor
trustee be personally liable for failing to do so or for any act or omission of
any</font></p>
 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">21</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;text-indent:0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">preceding trustee.
The preceding sentence shall not prevent any successor trustee or anyone else
from taking any action otherwise permissible in connection with any such
account.</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 6.06</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Laws of
Other Jurisdictions</font>. &#160;If
notwithstanding the other provisions of this Agreement (including, without
limitation, Section&nbsp;12.06 hereof) the laws of jurisdictions other than the
State of Delaware (each being referred to below as &#147;such jurisdiction&#148;) apply
to the administration of the Trust or the Trust Estate under this Agreement,
the following provisions shall apply. If it is necessary or advisable for a
trustee to serve in such jurisdiction and if the Trustee is disqualified from
serving in such jurisdiction or for any other reason fails or ceases to serve
there, the ancillary trustee in such jurisdiction shall be such Entity, which
need not meet the requirements set forth in the third sentence of
Section&nbsp;6.05 of this Agreement, as shall be designated in writing by MV
Partners and the Trustee.&#160; To the extent
permitted under the laws of such jurisdiction, MV Partners and the Trustee may
remove the trustee in such jurisdiction, without cause and without necessity of
court proceeding, and may or may not appoint a successor trustee in such
jurisdiction from time to time.&#160; The
trustee serving in such jurisdiction shall, to the extent not prohibited under
the laws of such jurisdiction, appoint the Trustee to handle the details of
administration in such jurisdiction.&#160; The
trustee in such jurisdiction shall have all rights, powers, discretions,
responsibilities and duties as are delegated in writing by the Trustee, subject
to such limitations and directions as shall be specified by the Trustee in the
instrument evidencing such appointment.&#160;
Any trustee in such jurisdiction shall be responsible to the Trustee for
all assets with respect to which such trustee is empowered to act.&#160; To the extent the provisions of this
Agreement and Delaware law cannot be made applicable to the administration in
such jurisdiction, the rights, powers, duties and liabilities of the trustee in
such jurisdiction shall be the same (or as near the same as permitted under the
laws of such jurisdiction if applicable) as if governed by Delaware law. In all
events, the administration in such jurisdiction shall be as free and
independent of court control and supervision as permitted under the laws of
such jurisdiction.&#160; The fees and expenses
of any ancillary trustee shall constitute an administrative expense of the
Trust payable from the Trust Estate.&#160;
Whenever the term &#147;Trustee&#148; is applied in this Agreement to the
administration in such jurisdiction, it shall refer only to the trustee then
serving in such jurisdiction.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 6.07</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Reliance on
Experts</font>.&#160; The Trustee and the
Delaware Trustee may, but shall not be required to, consult with counsel (which
may but need not be counsel to MV Partners), accountants, tax advisors,
geologists, engineers and other parties deemed by the Trustee or the Delaware
Trustee to be qualified as experts on the matters submitted to them, and,
subject to Section&nbsp;6.01 but notwithstanding any other provision of this
Agreement the opinion or advice of any such party on any matter submitted to it
by the Trustee or the Delaware Trustee shall be full and complete authorization
and protection in respect of any action taken, omitted or suffered by the
Trustee or the Delaware Trustee hereunder in good faith in reliance upon and in
accordance with the opinion or advice of any such party. Each of the Trustee
and the Delaware Trustee is authorized to make payments of all reasonable fees
for services and expenses thus incurred out of the Trust Estate. Neither the
Delaware Trustee nor the Trustee shall incur any liability to anyone in acting
upon any signature, instrument, notice, resolution, request, consent, order,
certificate, report, opinion, bond or other document or paper reasonably
believed by it to be genuine and reasonably believed by it to be signed by the
proper party or parties. The Delaware Trustee and the Trustee may accept a
certified copy of a resolution of the board of directors or other governing
body of any corporate party as conclusive evidence that such</p>
 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">22</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">resolution has
been duly adopted by such body and that the same is in full force and effect.
As to any fact or matter the manner or ascertainment of which is not
specifically prescribed herein, the Delaware Trustee and the Trustee may for all
purposes hereof rely on a certificate, signed by the president or any vice
president or by the treasurer or any assistant treasurer and by the secretary
or any assistant secretary of the relevant party, as to such fact or matter,
and such certificate shall constitute full protection and authorization to the
Delaware Trustee and the Trustee for any action taken or omitted to be taken by
it in good faith in reliance thereon.</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 6.08</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Force
Majeure</font>.&#160; The Trustee and the
Delaware Trustee shall not incur any liability to any Trust Unitholder if, by
reason of any current or future law or regulation thereunder of the federal
government or any other governmental authority, or by reason of any act of God,
war or other circumstance beyond its control, the Trustee or the Delaware
Trustee is prevented or forbidden from doing or performing any act or thing
required by the terms hereof to be done or performed; nor shall the Trustee or
the Delaware Trustee incur any liability to any Trust Unitholder by reason of
any nonperformance or delay caused as aforesaid in the performance of any act
or thing required by the terms hereof to be done or performed, or by reason of
any exercise of, or failure to exercise, any discretion provided for herein
caused as aforesaid.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 6.09</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Failure of
Action by MV Partners</font>. &#160;In the
event that MV Partners shall fail or is unable to take any action as required
under any provision of this Agreement, the Trustee is empowered to take such
action.&#160; </p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 6.10</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Action Upon Instructions</i>.&#160; Whenever the Delaware Trustee is unable to
decide between alternative courses of action permitted or required by the terms
of this Agreement, or is unsure as to the application, intent, interpretation
or meaning of any provision of this Agreement, the Delaware Trustee shall
promptly give notice (in such form as shall be appropriate under the
circumstances) to the Trustee requesting instruction as to the course of action
to be adopted, and, to the extent the Delaware Trustee acts in good faith in
accordance with any such instruction received, the Delaware Trustee shall not
be liable on account of such action to any Person.&#160; If the Delaware Trustee shall not have
received appropriate instructions within ten calendar days of sending such
notice to the Trustee (or within such shorter period of time as reasonably may
be specified in such notice or may be necessary under the circumstances) it
may, but shall be under no duty to, take or refrain from taking such action
which is consistent, in its view, with this Agreement, and the Delaware Trustee
shall have no liability to any Person for any such action or inaction.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 6.11</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Management of Trust Estate</i>.&#160; The Delaware Trustee shall have no duty or
obligation to manage, control, prepare, file or maintain any report, license or
registration, use, sell, dispose of or otherwise deal with the Trust Estate, or
otherwise to take or refrain from taking any action under or in connection with
this Agreement, or any other document or instrument, except as expressly
required hereby.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 6.12</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Validity</i>.&#160;
The Delaware Trustee shall not be responsible for or in respect of and
makes no representations as to the validity or sufficiency of any provision of
this Agreement or for the due execution hereof by the other parties hereto or for
the form, character, genuineness, sufficiency, value or validity of any of the
Trust Estate, and the Delaware Trustee</p>
 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">23</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">shall in no event
assume or incur any liability, duty or obligation to MV Partners, the Trustee
or any Trust Unitholder, other than as expressly provided for herein.&#160; The Delaware Trustee shall at no time have
any responsibility or liability for or with respect to the legality, validity
and enforceability of any of the Trust Units.</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 6.13</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Rights and Powers; Litigation</i>.&#160; The Delaware Trustee shall be under no
obligation to exercise any of the rights or powers vested in it by this
Agreement, or to institute, conduct or defend any litigation or arbitration
under this Agreement or otherwise or in relation to this Agreement, at the request,
order or direction of the Trustee, any Trust Unitholder or MV Partners unless
the Trustee, Trust Unitholder or MV Partners, as the case may be, has or have
offered to the Delaware Trustee security or indemnity reasonably satisfactory
to it against the costs, expenses and liabilities that may be incurred by the
Delaware Trustee therein or thereby.&#160; The
Delaware Trustee shall be under no obligation to appear in, prosecute or defend
any action, or to take any other action other than the giving of notices, which
in its opinion may require it to incur any out-of-pocket expense or any
liability unless it shall be furnished with such security and indemnity against
such expense or liability as it may reasonably require.&#160; The right of the Delaware Trustee to perform
any discretionary act enumerated in this Agreement shall not be construed as a
duty, and the Delaware Trustee shall not be personally liable or accountable
for the performance of any such act except as specifically provided in Section
6.01.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section 6.14</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>No Duty to Act Under Certain Circumstances</i>.&#160; Notwithstanding anything contained herein to
the contrary, the Delaware Trustee will not be required to take any action in
any jurisdiction other than in the State of Delaware if the taking of such
action would (i)&nbsp;require the consent of approval or authorization or order
of or the giving of notice to, or the registration with or taking of any action
in respect of, any state or other governmental authority or agency of any
jurisdiction other than in the State of Delaware, (ii)&nbsp;result in any fee,
tax or governmental charge under the laws of any jurisdiction or any political
subdivisions thereof other than the State of Delaware becoming payable by the
Delaware Trustee or (iii)&nbsp;subject the Delaware Trustee to personal
jurisdiction in any jurisdiction other than the State of Delaware for causes of
action arising from acts unrelated to the consummation of the transactions by
the Delaware Trustee contemplated hereby.</p>  <p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:auto;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE VII<br>
COMPENSATION OF THE TRUSTEE AND THE DELAWARE TRUSTEE</font></b></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 7.01</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Compensation
of Trustee and Delaware Trustee</font>. &#160;The
Entity serving as the Trustee hereunder shall receive an annual fee of $150,000
as compensation for its services as the Trustee hereunder.&#160; The Entity serving as the Delaware Trustee
hereunder shall receive compensation for its services as the Delaware Trustee
hereunder as set forth in the Fee Agreement attached hereto as Schedule A.&#160; Entities serving as the Trustee or the
Delaware Trustee hereunder shall be reimbursed for all actual expenditures made
in connection with administration of the Trust, including those made on account
of any unusual duties in connection with matters pertaining to the Trust and
the reasonable compensation and expenses of their counsel, accountants or other
skilled persons and of all other persons not regularly in their employ.&#160; Any unusual or extraordinary services
rendered by the Entity serving as Trustee or by the Entity serving as Delaware
Trustee in connection with the administration of the Trust shall be</p>
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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">treated as trustee
administrative services for purpose of computing the respective administrative
fee to be paid to each Entity serving as trustee hereunder.</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 7.02</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Reimbursement
of MV Partners</font>.&#160; MV Partners shall
be entitled to reimbursement from the Trust for all out-of-pocket costs and
expenses paid by MV Partners, acting in its capacity as Agent of the Trust
(including without limitation legal, accounting, engineering and printing
costs), but excluding those costs and expenses specified in Section&nbsp;3.12(a)
and in Section 6.02(b) of this Agreement as costs and expenses to be paid by MV
Partners, promptly upon submission of written evidence thereof to the
Trustee.&#160; </p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 7.03</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Source of
Funds</font>.&#160; Except as provided in
Section 6.02(b) of this Agreement, all compensation, reimbursements, and other
charges owing to any Entity as a result of its services as a trustee hereunder
shall constitute indebtedness hereunder, shall be payable by the Trust out of
the Trust Estate and such Entity shall have a lien on the Trust Estate for
payment of such compensation, reimbursements and other charges, entitling such
Entities to priority as to payment thereof over payment to any other Person
under this Agreement.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 7.04</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Ownership
of Units by MV Partners, the Delaware Trustee and the Trustee</font>.&#160; Each of the Delaware Trustee and the Trustee,
in its individual or other capacity, may become the owner or pledgee of Trust
Units with the same rights it would have if it were not a trustee hereunder. MV
Partners and each of its Affiliates may become the owner of Trust Units with
the same rights and entitled to the same benefits as any other Trust
Unitholder.</p>  <p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:auto;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE VIII<br>
MEETINGS OF TRUST UNITHOLDERS</font></b></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 8.01</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Purpose of
Meetings</font>.&#160; A meeting of the Trust
Unitholders may be called at any time and from time to time pursuant to the
provisions of this Article&nbsp;VIII to transact any matter that the Trust
Unitholders may be authorized to transact.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 8.02</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Call and
Notice of Meetings</font>.&#160; Any such
meeting of the Trust Unitholders may be called by the Trustee or by Trust
Unitholders owning of record not less than 10% in number of the then
outstanding Trust Units. The Trustee may, but shall not be obligated to, call
meetings of Trust Unitholders to consider amendments, waivers, consents and
other changes relating to the Conveyance or the Hedge Agreements Assignment. In
addition, at the written request of the Delaware Trustee, unless the Trustee
appoints a successor Delaware Trustee in accordance with Section&nbsp;6.05, the
Trustee shall call such a meeting but only for the purpose of appointing a
successor to the Delaware Trustee upon its resignation. All such meetings shall
be held at such time and at such place as the notice of any such meeting may
designate. Except as may otherwise be required by any applicable law or by any
securities exchange on which the Trust Units may be listed or admitted to
trading, written notice of every meeting of the Trust Unitholders signed by the
Trustee or the Trust Unitholders calling the meeting, setting forth the time
and place of the meeting and in general terms the matters proposed to be acted
upon at such meeting, shall be given in person or by mail not more than 60 nor
less than 20 days before such meeting is to be held to all of the Trust Unitholders
of record at the close of business on a record date selected by the Trustee
(the &#147;Record Date Trust Unitholders&#148;), which shall be not more than 60 days
before the date of such mailing. If such</p>
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    <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">notice is given to
any Trust Unitholder by mail, it shall be directed to such Trust Unitholder at
its last address as shown by the ownership ledger of the Trustee and shall be
deemed duly given when so addressed and deposited in the United States mail,
postage paid. No matter other than that stated in the notice shall be acted
upon at any meeting unless such action is approved by the Trust Unitholders.
Only Record Date Trust Unitholders shall be entitled to notice of and to
exercise rights at or in connection with the meeting.&#160; All costs associated with calling any meeting
of the Trust Unitholders shall be borne by the Trust other than a meeting of
the Trust Unitholders called by Trust Unitholders owning of record not less
than 10% in number of the then outstanding Trust Units, which costs shall be
borne by the Trust Unitholders that called such meeting of Trust Unitholders.</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 8.03</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Method of
Voting and Vote Required</font>.&#160; Each
Record Date Trust Unitholder shall be entitled to one vote for each Trust Unit
owned by such Record Date Trust Unitholder, and any Record Date Trust
Unitholder may vote in person or by duly executed written proxy. At any such
meeting, the presence in person or by proxy of Record Date Trust Unitholders
holding a majority of the Trust Units held by all Record Date Trust Unitholders
shall constitute a quorum, and, except as otherwise provided herein, any matter
shall be deemed to have been approved by the Trust Unitholders (including, but
not limited to, appointment of a successor trustee and approval of amendments,
waivers, consents and other changes relating to the Conveyance or the Hedge
Agreements Assignment) if it is approved by the vote of Record Date Trust
Unitholders holding more than 50% of the Trust Units represented at the
meeting.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 8.04</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Conduct of
Meetings</font>.&#160; The Trustee may make
such reasonable regulations consistent with the provisions hereof as it may
deem advisable for any meeting of the Trust Unitholders, for the appointment of
proxies, and in regard to the appointment and duties of inspectors of votes,
the submission and examination of proxies, certificates and other evidence of
the right to vote, the preparation and use at the meeting of a list
authenticated by or on behalf of the Trustee of the Trust Unitholders entitled
to vote at the meeting and such other matters concerning the conduct of the
meeting as it shall deem advisable.</p>  <p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:auto;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE IX<br>
DURATION, REVOCATION AND TERMINATION OF TRUST</font></b></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 9.01</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Revocation</font>.
&#160;Subject to the third sentence of this
Section&nbsp;9.01, the Trust is and shall be irrevocable and MV Partners, as
trustor, after the Closing, retains no power to alter, amend (except as
provided otherwise in this Article&nbsp;IX and in Section&nbsp;10.02 hereof),
revoke or terminate the Trust. The Trust shall be terminable only as provided
in Section&nbsp;9.02 of this Agreement, and shall continue until so terminated.
Prior to the Closing, MV Partners may revoke the Trust by written notice to the
Trustee, in which event the Trustee shall reconvey the Trust Estate, less any
expenses or liabilities of the Trust, to MV Partners.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 9.02</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Termination</font>.&#160; The Trust shall dissolve and commence
winding-up its business and affairs upon the first to occur of the following
events or times:</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the disposition of all
of the Net Profits Interest and any assets (other than cash), tangible or
intangible, including accounts receivable and claims or rights to payment,
constituting the Trust Estate;</p>
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    <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the action by Trust
Unitholders of record holding a majority of the then outstanding Trust Units in
accordance with Article&nbsp;VIII of this Agreement to terminate the Trust; </p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>annual cash proceeds
received by the Trust attributable to the Net Profits Interest and the Hedge
Agreements Assignment are less than $1 million for each of two consecutive
years; and</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the Liquidation Date.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 9.03</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Disposition
and Distribution of Assets and Properties</font>.&#160; Notwithstanding the dissolution of the Trust
pursuant to Section&nbsp;9.02, the Trustee and the Delaware Trustee shall
continue to act as trustees of the Trust Estate and as such shall exercise the
powers granted under this Agreement until their duties have been fully
performed and the Trust Estate finally distributed so that the affairs of the
Trust may be liquidated and wound up. Upon the dissolution of the Trust, the
Trustee shall sell for cash in one or more sales all the properties other than
cash then constituting the Trust Estate.&#160;
The net proceeds from any sale of the Net Profits Interest made as
provided in Section&nbsp;3.02 or the properties other than cash then constituting
the Trust Estate shall be Sales Proceeds Amounts, which are treated as cash
receipts of the Trust during the Quarterly Period in which the net proceeds are
received; <i>provided</i> that the
Trustee shall first pay, satisfy and discharge all liabilities of the Trust, or
if necessary, set up cash reserves in such amounts as the Trustee in its
discretion deems appropriate for contingent liabilities in accordance with
Section&nbsp;3808 of the Trust Act. The Trustee shall not be required to obtain
approval of the Trust Unitholders prior to performing any of its duties
pursuant to this Section&nbsp;9.03. Notwithstanding anything herein to the
contrary, in no event may the Trustee distribute the Net Profits Interest to
the Trust Unitholders.&#160; Upon making final
distribution to the Trust Unitholders, the Trustee shall direct the Delaware
Trustee to file, and Delaware Trustee shall file or cause to be filed, a
certificate of cancellation of the Trust&#146;s Certificate of Trust in accordance
with Section 2.01 hereof and Section 3811 of the Trust Act. Upon the filing of
such certificate of cancellation, neither the Trustee nor the Entity serving in
such capacity shall have any further duty or obligation hereunder, and neither
the Trustee nor the Entity serving in such capacity shall be under further
liability except as provided in Section&nbsp;6.01.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 9.04</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Reorganization
or Business Combination</font>.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Trust may merge or
consolidate with or into one or more limited partnerships, general
partnerships, corporations, statutory trusts, common law trusts, limited
liability companies, or associations, or unincorporated businesses in
accordance with Section&nbsp;3815 of the Trust Act if such transaction
(i)&nbsp;is agreed to by the Trustee and by the affirmative vote of Trust
Unitholders owning more than 50% of the then outstanding Trust Units at a
meeting duly called and held in accordance with Article&nbsp;VIII, and
(ii)&nbsp;is permitted under the Trust Act and any other applicable law. The
Trustee shall give prompt notice of such reorganization or business combination
to the Delaware Trustee. Pursuant to and in accordance with the provisions of
Section&nbsp;3815(f) of the Trust Act, and notwithstanding anything else
herein, an agreement of merger or consolidation approved in accordance with
this Section and Section&nbsp;3815(a) of the Trust Act may effect any amendment
to this Agreement or effect the adoption of a new trust agreement if it is the
surviving or resulting trust in the merger or consolidation.</p>
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<br clear="all" style="page-break-before:always;">
    <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Upon the effective date
of a certificate of merger duly filed in accordance with the Trust Act, the following
shall be deemed to occur, in addition to such effects as may be specified under
the Trust Act as then in effect:</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:108.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>all of the rights,
privileges and powers of each of the business entities that have merged or
consolidated, and all property, real, personal and mixed, and all debts due to
any of those business entities and all other things and causes of action
belonging to each of those business entities shall be vested in the surviving
business entity and, after the merger or consolidation, shall be the property
of the surviving business entity to the extent they were part of each
constituent business entity;</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:108.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the title to any real
property vested by deed or otherwise in any of those constituent business
entities shall not revert and shall not be in any way impaired because of the
merger or consolidation;</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:108.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>all rights of creditors
and all liens on or security interest in property of any of those constituent
business entities shall be preserved unimpaired;</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:108.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iv)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>all debts, liabilities
and duties of those constituent business entities shall attach to the surviving
or resulting business entity, and may be enforced against it to the same extent
as if the debts, liabilities and duties had been incurred or contacted by it;
and</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:108.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(v)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>if the Trust is the
surviving or resulting entity, the governing instrument of the Trust shall be
amended or a new governing instrument adopted as set forth in the certificate
of merger.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>A merger or
consolidation effected pursuant to this Section&nbsp;9.04 shall not be deemed
to result in a transfer or assignment of assets or liabilities from one entity
to another having occurred.</p>  <p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:auto;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE X<br>
AMENDMENTS</font></b></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 10.01</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Prohibited
Amendments</font>. After the Closing, no amendment may be made to any provision
of this Agreement that would:</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>increase the power of
the Delaware Trustee or the Trustee to engage in business or investment
activities;</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>alter the right of the
Trust Unitholders <font style="font-style:italic;"><i>vis-a-vis</i></font>
each other; or</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>unless consented to in
writing by MV Partners, have the effect of amending Sections 3.02, 6.02, 7.02,
9.02, 9.03, 10.01 or 10.02 hereof.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 10.02</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Permitted
Amendments</font>. &#160;Prior to the Closing,
amendments to the provisions of this Agreement may be made by mutual agreement
of the Delaware Trustee, the Trustee and MV Partners, jointly, and no party
shall have liability to any Trust Unitholder for any amendment, including any
amendment that increases or decreases any right, benefit or</p>
 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">28</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">liability of any
present or future Trust Unitholder.&#160;
After the Closing, the Delaware Trustee and the Trustee may, jointly,
from time to time supplement or amend this Agreement, the Conveyance or the
Hedge Agreements Assignment without the approval of Trust Unitholders in order
to cure any ambiguity, to correct or supplement any provision contained herein
or therein which may be defective or inconsistent with any other provisions
herein or therein, to grant any benefit to all of the Trust Unitholders, or to
change the name of the Trust, provided that such supplement or amendment does
not adversely affect the interests of the Trust Unitholders, and provided
further that any amendment to this Agreement made to change the name of the
Trust in accordance with Section&nbsp;12.04 hereof or otherwise shall be
conclusively deemed not to affect adversely the interests of the Trust
Unitholders. The Trustee and the Delaware Trustee, subject to the provisions of
Sections 6.01 and 6.07 are entitled to, and may rely upon, a written opinion of
counsel as conclusive evidence that any amendment or supplement pursuant to the
immediately preceding sentence complies with the provisions of this
Section&nbsp;10.02. All other permitted amendments to the provisions of this
Agreement may be made only by a vote of the Trust Unitholders of record holding
a majority of the then outstanding Trust Units at a meeting held in accordance
with the requirements of Article&nbsp;VIII. No amendment that increases the
obligations, duties or liabilities or affects the rights of the Delaware
Trustee, the Trustee or any Entity serving in any such capacity shall be
effective without the express written approval of such trustee or Entity.</font></p>  <p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:auto;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE XI<br>
ARBITRATION</font></b></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">THE TRUST UNITHOLDERS,
TRUSTEE AND MV PARTNERS AGREE THAT, EXCEPT AS PROVIDED IN PARAGRAPH (I)&nbsp;OF
THIS ARTICLE XI, ANY DISPUTE, CONTROVERSY OR CLAIM THAT MAY ARISE BETWEEN OR
AMONG MV PARTNERS (ON THE ONE HAND) AND THE TRUST OR THE TRUSTEE (ON THE OTHER
HAND) IN CONNECTION WITH OR OTHERWISE RELATING TO THIS AGREEMENT, THE
CONVEYANCE OR THE HEDGE AGREEMENTS ASSIGNMENT OR THE APPLICATION,
IMPLEMENTATION, VALIDITY OR BREACH OF THIS AGREEMENT, THE CONVEYANCE OR THE
HEDGE AGREEMENTS ASSIGNMENT OR ANY PROVISION OF THIS AGREEMENT, THE CONVEYANCE
OR THE HEDGE AGREEMENTS ASSIGNMENT (INCLUDING, WITHOUT LIMITATION, CLAIMS BASED
ON CONTRACT, TORT OR STATUTE), SHALL BE FINALLY, CONCLUSIVELY AND EXCLUSIVELY
SETTLED BY BINDING ARBITRATION IN WICHITA, KANSAS IN ACCORDANCE WITH THE
COMMERCIAL ARBITRATION RULES (THE &#147;RULES&#148;) OF THE AMERICAN ARBITRATION
ASSOCIATION OR ANY SUCCESSOR THERETO (&#147;AAA&#148;) THEN IN EFFECT.&#160; THE TRUST UNITHOLDERS, TRUSTEE AND MV
PARTNERS (AND ON BEHALF OF THE TRUST) HEREBY EXPRESSLY WAIVE THEIR RIGHT TO
SEEK REMEDIES IN COURT, INCLUDING, WITHOUT LIMITATION, THE RIGHT TO TRIAL BY
JURY, WITH RESPECT TO ANY MATTER SUBJECT TO ARBITRATION PURSUANT TO THIS ARTICLE
XI.&#160; THE TRUST UNITHOLDERS, TRUSTEE OR MV
PARTNERS MAY BRING AN ACTION, INCLUDING, WITHOUT LIMITATION, A SUMMARY OR
EXPEDITED PROCEEDING, IN ANY COURT HAVING JURISDICTION, TO COMPEL ARBITRATION
OF ANY DISPUTE, CONTROVERSY OR CLAIM TO WHICH THIS ARTICLE XI APPLIES. EXCEPT
WITH RESPECT TO THE FOLLOWING PROVISIONS (THE &#147;SPECIAL PROVISIONS&#148;) WHICH SHALL
APPLY</font></p>
 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">29</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;text-indent:0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">WITH RESPECT TO
ANY ARBITRATION PURSUANT TO THIS ARTICLE XI, THE INITIATION AND CONDUCT OF
ARBITRATION SHALL BE AS SET FORTH IN THE RULES, WHICH RULES ARE INCORPORATED IN
THIS AGREEMENT BY REFERENCE WITH THE SAME EFFECT AS IF THEY WERE SET FORTH IN
THIS AGREEMENT.</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>In the event of any
inconsistency between the Rules and the Special Provisions, the Special
Provisions shall control.&#160; References in
the Rules to a sole arbitrator shall be deemed to refer to the tribunal of
arbitrators provided for under subparagraph (c) below in this Article&nbsp;XI.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The arbitration shall
be administered by AAA.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The arbitration shall
be conducted by a tribunal of three arbitrators.&#160; Within ten days after arbitration is
initiated pursuant to the Rules, the initiating party or parties (the &#147;Claimant&#148;)
shall send written notice to the other party or parties (the &#147;Respondent&#148;),
with a copy to the Dallas, Texas office of AAA, designating the first
arbitrator (who shall not be a representative or agent of any party but may or
may not be an AAA panel member and, in any case, shall be reasonably believed
by the Claimant to possess the requisite experience, education and expertise in
respect of the matters to which the claim relates to enable such person to
completely perform arbitral duties).&#160;
Within ten days after receipt of such notice, the Respondent shall send
written notice to the Claimant, with a copy to the Dallas, Texas office of AAA
and to the first arbitrator, designating the second arbitrator (who shall not
be a representative or agent of any party, but may or may not be an AAA panel
member and, in any case, shall be reasonably believed by the Respondent to
possess the requisite experience, education and expertise in respect of the
matters to which the claim relates to enable such person to competently perform
arbitral duties).&#160; Within ten days after
such notice from the Respondent is received by the Claimant, the Respondent and
the Claimant shall cause their respective designated arbitrators to select any
mutually agreeable AAA panel member as the third arbitrator.&#160; If the respective designated arbitrators of
the Respondent and the Claimant cannot so agree within said ten day period,
then the third arbitrator will be determined pursuant to the Rules.&#160; For purposes of this Article&nbsp;XI, MV
Partners (on the one hand) and the Trust and the Trustee (on the other hand)
shall each be entitled to the selection of one arbitrator.&#160; Prior to commencement of the arbitration
proceeding, each arbitrator shall have provided the parties with a resume
outlining such arbitrator&#146;s background and qualifications and shall certify
that such arbitrator is not a representative or agent of any of the
parties.&#160; If any arbitrator shall die,
fail to act, resign, become disqualified or otherwise cease to act, then the
arbitration proceeding shall be delayed for 15&nbsp;days and the party by or on
behalf of whom such arbitrator was appointed shall be entitled to appoint a
substitute arbitrator (meeting the qualifications set forth in this
Article&nbsp;XI) within such 15-day period; <i>provided</i>, <i>however</i>,
that if the party by or on behalf of whom such arbitrator was appointed shall
fail to appoint a substitute arbitrator within such fifteen day period, the
substitute arbitrator shall be a neutral arbitrator appointed by the AAA
arbitrator within 15&nbsp;days thereafter.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>All arbitration
hearings shall be commenced within 120 days after arbitration is initiated
pursuant to the Rules, unless, upon a showing of good cause by a party to the
arbitration, the tribunal of arbitrators permits the extension of the
commencement of such hearing; <i>provided</i>,
<i>however</i>, that any such extension
shall not be longer than 60 days.</p>
 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">30</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>All claims presented
for arbitration shall be particularly identified and the parties to the
arbitration shall each prepare a statement of their position with recommended
courses of action.&#160; These statements of
position and recommended courses of action shall be submitted to the tribunal
of arbitrators chosen as provided hereinabove for binding decision.&#160; The tribunal of arbitrators shall not be
empowered to make decisions beyond the scope of the position papers.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(f)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The arbitration
proceeding will be governed by the substantive laws of the State of Delaware
and will be conducted in accordance with such procedures as shall be fixed for
such purpose by the tribunal of arbitrators, except that (i)&nbsp;discovery in
connection with any arbitration proceeding shall be conducted in accordance
with the Federal Rules of Civil Procedure and applicable case law,
(ii)&nbsp;the tribunal of arbitrators shall have the power to compel discovery
and (iii)&nbsp;unless the parties otherwise agree and except as may be provided
in this Article&nbsp;XI, the arbitration shall be governed by the United States
Arbitration Act, 9 U.S.C. &#167;&#167; 1-16, to the exclusion of any provision of state
law or other applicable law or procedure inconsistent therewith or which would
produce a different result.&#160; The parties
shall preserve their right to assert and to avail themselves of the
attorney-client and attorney-work-product privileges, and any other privileges
to which they may be entitled pursuant to applicable law.&#160; No party to the arbitration or any arbitrator
may compel or require mediation and/or settlement conferences without the prior
written consent of all such parties and the tribunal of arbitrators.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(g)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The tribunal of
arbitrators shall make an arbitration award as soon as possible after the later
of the close of evidence or the submission of final briefs, and in all cases
the award shall be made not later than thirty days following submission of the
matter.&#160; The finding and decision of a
majority of the arbitrators shall be final and shall be binding upon the parties.&#160; Judgment upon the arbitration award or
decision may be entered in any court having jurisdiction thereof or application
may be made to any such court for a judicial acceptance of the award and an
order of enforcement, as the case may be.&#160;
The tribunal of arbitrators shall have the authority to assess liability
for pre-award and post-award interest on the claims, attorneys&#146; fees, expert
witness fees and all other expenses of arbitration as such arbitrators shall
deem appropriate based on the outcome of the claims arbitrated.&#160; Unless otherwise agreed by the parties to the
arbitration in writing, the arbitration award shall include findings of fact
and conclusions of law.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(h)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Nothing in this
Article&nbsp;XI shall be deemed to (i)&nbsp;limit the applicability of any
otherwise applicable statute of limitations or repose or any waivers contained
in this Agreement, (ii)&nbsp;constitute a waiver by any party hereto of the
protections afforded by 12 U.S.C. &#167; 91 or any successor statute thereto or any
substantially equivalent state law, (iii)&nbsp;restrict the right of the
Trustee to make application to any state or federal district court having
jurisdiction in Wichita, Kansas, to appoint a successor Trustee or to request
instructions with regard to any provision in this Agreement when the Trustee is
unsure of its obligations thereunder, or (iv)&nbsp;apply to the Delaware
Trustee.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>This Article&nbsp;XI
shall preclude participation by the Trust in any class action brought against
MV Partners by any Person who is not a Trust Unitholder and the Trustee shall
opt out of any such class action in which the Trust is a purported class
member, but shall not preclude participation by the Trust in any such action
brought by a Trust Unitholders or in which</p>
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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Trust Unitholders holding
more than 50% of the Trust Units represented at a duly called and held meeting
of the Trust Unitholders in accordance with Section 8.02 request the Trustee to
participate.</font></p>  <p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:auto;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE XII<br>
MISCELLANEOUS</font></b></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 12.01</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Inspection of
Books</font>.&#160; Each Trust Unitholder and
its duly authorized agents and attorneys shall have the right, at its own
expense and during reasonable business hours upon reasonable prior notice, to
examine and inspect the records (including, without limitation, the ownership
ledger) of the Trust and the Trustee in reference thereto for any purpose
reasonably related to the Trust Unitholder&#146;s interest as a Trust Unitholder.
The Trustee and its duly authorized Agents (including attorneys) shall have the
right, at the expense of the Trust and during reasonable business hours upon
reasonable prior written notice, to examine and inspect the records of MV
Partners relating to the Net Profits Interest and the Underlying Properties.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 12.02</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Disability of
a Trust Unitholder</font>.&#160; Any payment
or distribution to a Trust Unitholder may be made by check of the Trustee drawn
to the order of the Trust Unitholder, regardless of whether or not the Trust
Unitholder is a minor or under other legal disability, without the Trustee
having further responsibility with respect to such payment or distribution.
This Section&nbsp;12.02 shall not be deemed to prevent the Trustee from making
any payment or distribution by any other method that is appropriate under law.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 12.03</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Merger or
Consolidation of Delaware Trustee or Trustee</font>.&#160; Neither a change of name of either the
Delaware Trustee or the Trustee, nor any merger or consolidation of its
corporate powers with another bank or with a trust company, nor the sale or
transfer of all or substantially all of its institutional and corporate trust
operations to a separate bank, trust company, corporation or other business
entity or such resulting or successor party&#146;s right or capacity to act
hereunder; <font style="font-style:italic;"><i>provided,
however</i></font>, that the Delaware Trustee or any successor thereto shall
maintain its principal place of business in the State of Delaware; and <font style="font-style:italic;"><i>provided further</i></font>
that, in the case of any successor Trustee or Delaware Trustee, it shall
continue to meet the requirements of Section&nbsp;6.05 of this Agreement.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 12.04</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Change in
Trust Name</font>.&#160; Upon the written
request by MV Partners submitted to the Trustee and the Delaware Trustee, the
Trustee shall, without the vote or consent of any Trust Unitholders, take all
action necessary to change the name of the Trust to a name mutually agreeable
to the Trustee and MV Partners and, upon effecting such name change, the
Delaware Trustee, acting pursuant to the written instructions of the Trustee,
shall amend the Certificate of Trust on file in the office of the Secretary of
State of Delaware to reflect such name change.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 12.05</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Filing of
this Agreement</font>. There is no obligation on the part of the Trustee that
this Agreement or any executed copy hereof be filed in any county in which any
of the Trust Estate is located, but the same may be filed for record in any
county by the Trustee. In order to avoid the necessity of filing this Agreement
for record, each of the Delaware Trustee and the Trustee agrees that for the
purpose of vesting the record title to the Trust Estate in any</p>
 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">32</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">successor trustee,
the succeeded trustee shall, upon appointment of any successor trustee, execute
and deliver to such successor trustee appropriate assignments or conveyances.</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 12.06</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Choice of Law</font>.
&#160;This Agreement and the Trust shall be
governed by the laws of the State of Delaware (without regard to the conflict
of laws principles thereof) in effect at any applicable time in all matters,
including the validity, construction and administration of this Agreement and
the Trust, the enforceability of the provisions of this Agreement, all rights
and remedies hereunder, and the services of the Delaware Trustee and Trustee
hereunder.&#160; Furthermore, except as
otherwise provided in this Agreement, the rights, powers, duties and
liabilities of the Delaware Trustee, the Trustee and the Trust Unitholders
shall be as provided under the Trust Act and other applicable laws of the State
of Delaware and the United States of America in effect at any applicable time; <font style="font-style:italic;"><i>provided, however</i></font>,
that there shall not be applicable to the Trustee, the Delaware Trustee, the
Trust Unitholders, the Trust or this Agreement any provision of the laws
(common or statutory) of the State of Delaware pertaining to trusts that relate
to or regulate, in a manner inconsistent with the terms hereof, (i)&nbsp;the
filing with any court or governmental body or agency of trustee accounts or
schedules of trustee fees and charges, (ii)&nbsp;affirmative requirements to
post bonds for trustees, officers, agents or employees of a trust,
(iii)&nbsp;the necessity for obtaining court or other governmental approval
concerning the acquisition, holding or disposition of real or personal
property, (iv)&nbsp;fees or other sums payable to trustees, officers, agents or
employees of a trust, (v)&nbsp;the allocation of receipts and expenditures to
income or principal, (vi)&nbsp;restrictions or limitations on the permissible
nature, amount or concentration of trust investments or requirements relating
to the titling, storage or other manner of holding or investing trust assets or
(vii)&nbsp;the establishment of fiduciary or other standards of responsibility
or limitations on the acts or powers of trustees that are inconsistent with the
limitations or authorities and powers of the trustees hereunder as set forth or
referenced in this Agreement.&#160; Section
3540 of Title 12 of the Delaware Code shall not apply to the Trust.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 12.07</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Separability</font>.
&#160;If any provision of this Agreement or
the application thereof to any Person or circumstances shall be finally
determined by a court of proper jurisdiction to be illegal, invalid or
unenforceable to any extent, the remainder of this Agreement or the application
of such provision to Persons or circumstances other than those as to which it
is held illegal, invalid or unenforceable shall not be affected thereby, and
every remaining provision of this Agreement shall be valid and enforced to the
fullest extent permitted by law.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 12.08</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Notices</font>.&#160; Any and all notices or demands permitted or
required to be given under this Agreement shall be in writing and shall be
validly given or made if (a)&nbsp;personally delivered, (b)&nbsp;delivered and
confirmed by facsimile or like instantaneous transmission service, or by
Federal Express or other overnight courier delivery service, which shall be
effective as of confirmation of receipt by the courier at the address for notice
hereinafter stated, (c)&nbsp;solely in the case of notice to any Trust
Unitholder, by press release in a nationally recognized and distributed media
or (d)&nbsp;deposited in the United States mail, first class, postage prepaid,
certified or registered, return receipt requested, addressed as follows:</p>
 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">33</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">If to the Trustee, to:</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Bank of New
York Trust Company, N.A.</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Global Corporate
Trust</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">221 West Sixth
Street, 1st Floor</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Austin, Texas
78701</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Attention:&#160; Mike J. Ulrich</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Facsimile No.:&#160;
(512) 479-2253</font></p>  <p style="margin:0pt 0pt 12.0pt 36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">With a copy to:</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Andrews Kurth LLP</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">600 Travis, Suite
4200</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Houston, Texas
77002</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Attention:&#160; David C. Buck</font></p>  <p style="margin:0pt 0pt 12.0pt 36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Facsimile No.: (713)
238-7126</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">If to the Delaware
Trustee, to:</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Wilmington Trust
Company</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1100 North Market
Street</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Wilmington,
Delaware 19890-1615</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Attention:&#160; Corporate Trust Administration</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Facsimile No.:&#160;
(302) 636-4140</font></p>  <p style="margin:0pt 0pt 12.0pt 36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">With a copy to:</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Dorsey &amp;
Whitney (Delaware) LLP</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1105 North Market
Street, Suite 1600</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Wilmington,
Delaware 19801</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Attention:&#160; Ross E. Antonacci</font></p>  <p style="margin:0pt 0pt 12.0pt 36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Facsimile No.:&#160; (302) 351-8610</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">If to MV Partners, to:</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">250 N. Water, Suite
300</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Wichita, Kansas
67202</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Attention:&#160; David L. Murfin</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Facsimile No.: (316) 267-6004</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">With a copy to:</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Vinson &amp;
Elkins L.L.P.</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1001 Fannin
Street, Suite 2300</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Attention:&#160; Thomas P. Mason</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Facsimile No.: (713) 615-5320</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">If to a Trust Unitholder, to:</font></p>  <p style="margin:0pt 0pt 12.0pt 36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Trust Unitholder at
its last address as shown on the ownership records maintained by the Trustee</font></p>
 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">34</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Notice that is mailed in
the manner specified shall be conclusively deemed given three days after the
date postmarked or upon receipt, whichever is sooner.&#160; Any party to this Agreement may change its
address for the purpose of receiving notices or demands by notice given as
provided in this Section 12.08.</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font style="font-style:italic;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:normal;">Section 12.09</font></i></font><font style="font-style:italic;"><i><font size="1" style="font-size:8.5pt;font-style:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></i>Counterparts</font>.
&#160;This Agreement may be executed in a
number of counterparts, each of which shall <font style="font-style:italic;"><i style="font-style:normal;">constitute</i></font> an original, but such
counterparts shall together constitute but one and the same instrument.</p>
 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">35</font></p>
</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">

<div style="font-family:Times New Roman;">


<p style="margin:0pt 0pt 24.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">IN WITNESS WHEREOF, MV
Partners, the Trustee and the Delaware Trustee have caused this Agreement to be
duly executed the day and year first above written.</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><!-- SET mrlNoTableShading --></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="48%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.94%;">
  <p style="font-weight:bold;margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV
  PARTNERS, LLC</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="font-weight:bold;margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></b></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="font-weight:bold;margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV
  Energy, LLC,</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="font-weight:bold;margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">its
  Manager</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="font-weight:bold;margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="font-weight:bold;margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></b></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="font-weight:bold;margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Murfin,
  Inc.,</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><!-- SET mrlNoTableShading -->ATTEST:</p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="font-weight:bold;margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Member</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="font-weight:bold;margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Robert D. Young</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:3.68%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="41%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:41.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ David L. Murfin</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:3.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="border:none;padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:
  </font>Robert D. Young</p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:</font></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;David
  L. Murfin</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:
  President</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">President</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">ATTEST:</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="48%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.94%;">
  <p style="font-weight:bold;margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">THE
  BANK OF NEW YORK TRUST<br>
  COMPANY, NATIONAL ASSOCIATION</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Sarah Newell</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:3.68%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="41%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:41.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Mike J. Ulrich</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:3.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="border:none;padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:
  </font>Sarah Newell</p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:</font></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Mike
  J. Ulrich</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:
  Trust Associate</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Vice
  President and Trust Officer</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">ATTEST:</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="48%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:48.94%;">
  <p style="font-weight:bold;margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">WILMINGTON
  TRUST COMPANY</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Robert J. Perkins</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:3.68%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="41%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:41.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Michele C. Harra</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:3.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="border:none;padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:
  </font>Robert J. Perkins</p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:</font></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Michele C. Harra</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="46%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:46.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:
  Senior Financial Service Officer</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>
  </td>
  <td width="42%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:42.4%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Financial
  Services Officer</font></p>
  </td>
 </tr>
 <tr height="0">
  <td width="347" style="border:none;"></td>
  <td width="35" style="border:none;"></td>
  <td width="28" style="border:none;"></td>
  <td width="21" style="border:none;"></td>
  <td width="288" style="border:none;"></td>
  <td width="29" style="border:none;"></td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0pt 0pt 12.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="line-height:normal;margin:0pt 0pt 12.0pt;text-align:center;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Signature Page to Amended and Restated Trust
Agreement</font></i></p>



</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

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<TYPE>EX-4.1
<SEQUENCE>4
<FILENAME>a07-2690_1ex4d1.htm
<DESCRIPTION>EX-4.1
<TEXT>
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<div>

<p align="right" style="margin:0pt 0pt 12.0pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Exhibit 4.1</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">REGISTRATION
RIGHTS AGREEMENT</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">BY
AND BETWEEN</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV
PARTNERS, LLC</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">AND</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">THE
BANK OF NEW YORK TRUST COMPANY, N.A.,</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">AS
TRUSTEE OF MV OIL TRUST</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">DATED
AS OF JANUARY 24, 2007</font></b></p>

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<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">REGISTRATION RIGHTS AGREEMENT (the &#147;<b>Agreement</b>&#148;) dated as of January&nbsp;24, 2007 by and between
MV Partners, LLC, a limited liability company formed under the laws of the
State of Kansas (the &#147;<b>Company</b>&#148;), and
The Bank of New York Trust Company, N.A., in its capacity as trustee of MV Oil
Trust (the &#147;<b>Trustee</b>&#148;), a statutory trust
formed under the laws of the State of Delaware (the &#147;<b>Trust</b>&#148;).&#160; Unless expressly stated otherwise in this
Agreement, as used in this Agreement, references to the &#147;Trustee&#148; mean the
Trustee as trustee of the Trust and not in its individual capacity.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">RECITALS:</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">WHEREAS</font></b>, the Trustee and the
Company have entered into a Conveyance of Net Profits Interest dated of even
date herewith (the &#147;<b>Conveyance Agreement</b>&#148;);</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">WHEREAS</font></b>, in connection with the
execution and delivery of the Conveyance Agreement, the Trust has issued to the
Company 11,500,000 units of beneficial interest of the Trust (&#147;<b>Trust Units</b>&#148;);</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">WHEREAS</font></b>,
in connection with the Initial Public Offering, the Company is selling
7,500,000 Trust Units and Affiliates of the Company may sell up to 1,125,000
Trust Units if the underwriters of the Initial Public Offering exercise their
over-allotment option; and</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">WHEREAS</font></b>, the Trustee has agreed
to file a registration statement or registration statements relating to the
sale by the Company and its Transferees (as defined below) of certain of the
Trust Units.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">NOW</font></b>, <b>THEREFORE</b>,
in consideration of the premises and the covenants hereinafter contained and
for other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, and intending to be legally bound hereby, it is agreed
as follows:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SECTION 1.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Definitions</u>.&#160; As used in this Agreement, the following
terms shall have the following meanings:</p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Affiliate</b>&#148;
means with respect to a specified person, any person that directly or
indirectly controls, is controlled by, or is under common control with, the
specified person.&#160; As used in this
definition, the term &#147;control&#148; (and the correlative terms &#147;controlling,&#148; &#147;controlled
by,&#148; and &#147;under common control&#148;) shall mean the possession, directly or
indirectly, of the power to direct or cause the direction of the management and
policies of a person, whether through ownership of voting securities, by
contract or otherwise.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Agreement</b>&#148; has
the meaning set forth in the preamble hereof.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Business Day</b>&#148;
means each Monday, Tuesday, Wednesday, Thursday and Friday that is not a day on
which banking institutions in The City of New York are authorized or obligated
by law or executive order to close.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Company</b>&#148; has
the meaning set forth in the preamble hereof.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&#147;Conveyance
Agreement&#148; </font></b>has the meaning set forth in the recitals hereof.</p>


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<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Deferral Notice</b>&#148;
has the meaning set forth in Section 3(j) hereof.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Deferral Period</b>&#148;
has the meaning set forth in Section 3(j) hereof.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Demand Notice</b>&#148;
has the meaning set forth in Section 2(a) hereof.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Demand Registration</b>&#148;
has the meaning set forth in Section 2(a) hereof.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Effective Period</b>&#148;
means the period commencing on the 180</font><font size="1" style="font-size:6.5pt;position:relative;top:-3.0pt;">th </font>day after the date hereof and ending on
the date that all Registrable Securities have ceased to be Registrable
Securities.</p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Exchange Act</b>&#148;
means the Securities Exchange Act of 1934, as amended, and the rules and
regulations promulgated by the SEC thereunder.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Expenses</b>&#148; has
the meaning set forth in Section 6(a) hereof.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Holder</b>&#148; shall
mean the Company, its Affiliates that from time to time hold Registrable
Securities and any Transferee of the Company to whom Registrable Securities are
permitted to be transferred in accordance with the terms of this Agreement, and,
in each case, who continues to be entitled to the rights of a Holder hereunder.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Indemnified Party</b>&#148;
has the meaning set forth in Section 6(d) hereof.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Indemnifying Party</b>&#148;
has the meaning set forth in Section 6(d) hereof.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Initial Public Offering</b>&#148;
means the initial public offering of Trust Units registered with the SEC by a
registration statement on Form S-1 (Registration No. 333-136609).</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Material Event</b>&#148;
has the meaning set forth in Section 3(j) hereof.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>person</b>&#148; shall
mean any individual, partnership, limited liability company, corporation,
trust, unincorporated association, governmental agency, subdivision, or
instrumentality, or other entity or association.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Piggyback Registration</b>&#148;
has the meaning set forth in Section 2(b) hereof.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Prospectus</b>&#148;
means the prospectus included in any Registration Statement (including, without
limitation, a prospectus that discloses information previously omitted from a
prospectus filed as part of an effective registration statement in reliance
upon Rule 430A, Rule 430B or Rule&nbsp;430C promulgated under the Securities
Act), as amended or supplemented by any amendment, prospectus supplement or
free writing prospectus (as defined in Rule 405 promulgated under the
Securities Act), including post-effective amendments, and all materials
incorporated by reference or explicitly deemed to be incorporated by reference
in such Prospectus.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Registrable Securities</b>&#148;
means the Trust Units (not to exceed 4,000,000 Trust Units, subject to
adjustment as provided herein) held by the Company and its Affiliates following
the sale of all Trust Units sold by the Company and any of its Affiliates in
connection with the Initial</font></p>


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<p style="margin:0pt 0pt 12.0pt;text-indent:0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Public Offering and any
securities into or for which such Trust Units have been converted or exchanged,
and any security issued with respect thereto upon any dividend, split or
similar event until, in the case of any such security, the earliest of
(i)&nbsp;its effective registration under the Securities Act and resale in
accordance with the Registration Statement covering it, (ii)&nbsp;its sale to
the public pursuant to Rule 144 (or any similar provision then in force, but
not Rule 144A) under the Securities Act if the transferee thereof does not
receive &#147;restricted securities&#148; as defined in Rule 144, (iii) its sale in a
private transaction in which the transferor&#146;s rights under this Agreement are
not assigned to the transferee of the Securities and (iv)&nbsp;it becomes
eligible for resale pursuant to Rule 144(k) (or any similar rule then in effect
under the Securities Act).</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Registration Statement</b>&#148;
means any registration statement of the Trust, including any Shelf Registration
Statement, that covers any of the Registrable Securities pursuant to the
provisions of this Agreement, including the Prospectus, amendments and
supplements to such registration statement, including post-effective
amendments, all exhibits and all materials incorporated by reference or
explicitly deemed to be incorporated by reference in such registration
statement.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Required Information</b>&#148;
has the meaning set forth in Section 4(a) hereof.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Rule 144</b>&#148; means
Rule 144 under the Securities Act, as such Rule may be amended from time to
time, or any similar rule or regulation hereafter adopted by the SEC.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Rule 144A</b>&#148;
means Rule 144A under the Securities Act, as such Rule may be amended from time
to time, or any similar rule or regulation hereafter adopted by the SEC.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>SEC</b>&#148; means the
Securities and Exchange Commission.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Securities Act</b>&#148;
means the Securities Act of 1933, as amended, and the rules and regulations
promulgated by the SEC thereunder.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Shelf Registration
Statement</b>&#148; means a Registration Statement for an offering to be made
on a delayed or continuous basis pursuant to Rule 415 under the Securities Act
registering the resale of Registrable Securities from time to time by Holders
thereof.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Special Counsel</b>&#148;
means Vinson &amp; Elkins L.L.P. or such other successor counsel as shall be
specified in writing by the Holders of a majority of all Registrable
Securities.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Transferee</b>&#148; has
the meaning set forth in Section 9(d) hereof.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Trust</b>&#148; has the
meaning set forth in the preamble hereof.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Trust Units</b>&#148;
has the meaning set forth in the recitals hereof.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Trustee</b>&#148; has
the meaning set forth in the preamble hereof.</font></p>


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<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SECTION 2.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Demand Registration
Rights</u>.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>During
the Effective Period, the Holders representing a majority of the then
outstanding Registrable Securities may request, by written notice to the
Trustee (the &#147;<b>Demand Notice</b>&#148;), that the Trust
effect the registration under the Securities Act of the number of Registrable
Securities requested to be so registered pursuant to the terms and conditions
set forth in this Agreement (each a &#147;<b>Demand Registration</b>&#148;).&#160; Following receipt of a Demand Notice for a
Demand Registration, the Trustee shall use its reasonable best efforts to file
a Registration Statement as promptly as practicable and shall use its
reasonable best efforts to cause such Registration Statement to be declared
effective under the Securities Act as promptly as practicable after the filing
thereof.&#160; All Demand Notices made
pursuant to this Section 2 will specify the number of Registrable Securities to
be registered, whether or not such Registration Statement should be a Shelf
Registration Statement and the intended methods of disposition thereof.</p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Holders shall be entitled to a maximum of three
(3) Demand Registrations, which shall include (i)&nbsp;any Demand Registrations
for registration pursuant to a Shelf Registration Statement and (ii)&nbsp;any
Demand Registrations that are transferred to a Transferee in accordance with
Section 9(d) hereof.&#160; No Demand
Registration shall be deemed to have occurred for purposes of this Section 2(a)
if the Registration Statement relating thereto does not become effective or is
not maintained effective for the period required pursuant to Section 2(d).</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>In
the event that any Demand Registration is transferred to a Transferee in
accordance with Section 9(d) hereof, and such Transferee sends a Demand Notice
to the Trustee, such Trustee will give notice to the other Holders of such
Demand Registration.&#160; Such notice shall
describe such securities and specify the form, manner and other relevant
aspects of such proposed registration.&#160;
Each Holder may, by written response delivered to the Trustee within
twenty (20) days after the receipt by such Holder of any such notice, request
that all or a specified part of the Registrable Securities held by such Holder
be included in such Demand Registration (a &#147;<b>Piggyback
Registration</b>&#148;).&#160; Such response
shall also specify the intended method of disposition of such Registrable
Securities. &#160;The Trustee thereupon will
use commercially reasonable efforts to effect the registration under the
Securities Act of all Registrable Securities which the Trustee has been so
requested to register by the Holders to the extent required to permit the
disposition (in accordance with the intended methods thereof as aforesaid) of
the Registrable Securities to be so registered.&#160;
No registration of Registrable Securities of the Holders effected by
Piggyback Registration under this Section 2(b) shall relieve the Trustee of any
of its obligations to effect registrations of Registrable Securities of the
Holders pursuant to, or reduce the total number of Demand Registrations to
which the Holders continue to remain entitled under, Section 2(a) hereof.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>If
any of the Registrable Securities registered pursuant to a Demand Registration
are to be sold in a firm commitment underwritten offering, and the managing
underwriter or underwriters advise the Holders of such securities in writing
that in its view the total number or dollar amount of Registrable Securities
proposed to be sold in such offering is such as to adversely affect the success
of such offering (including, without limitation, securities proposed to be
included by other Holders of Registrable Securities entitled to include
securities in such Registration Statement pursuant to incidental or piggyback
registration rights), then there shall</p>


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<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">be included in such firm commitment underwritten offering the number or
dollar amount of Registrable Securities that in the opinion of such managing
underwriter can be sold without adversely affecting such offering, and such
number of Registrable Securities shall be allocated as follows:</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt 36.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>first, the securities
for which inclusion in such Demand Registration for which the Demand Notice was
submitted; and</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt 36.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>second, the securities
for which inclusion in any Piggyback Registration for which a notice was
submitted in accordance with this Agreement pro rata among the Registrable
Securities requested to be included in such Piggyback Registration.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The
Trustee shall use commercially reasonable efforts to maintain the effectiveness
of the Registration Statement with respect to any Demand Registration for a
period of at least ninety (90) days (or three years if a Shelf Registration
Statement is requested) after the effective date thereof or such shorter period
in which all Registrable Securities included in such Registration Statement
have actually been sold or all Registrable Securities have ceased to be
Registrable Securities; <i>provided, however</i>,
that such period shall be extended for a period of time equal to the period the
holder of Registrable Securities refrains from selling any securities included
in such registration at the request of the Trust pursuant to this Agreement,
except that with respect to a Shelf Registration Statement on Form S-3 that
becomes effective automatically pursuant to Rule 462(e) under the Securities
Act, such period may not be extended beyond three years after the effective
date thereof or such shorter or longer period as may be subsequently permitted
by the SEC.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Notwithstanding
the foregoing, if the Trustee shall furnish to the Holders requesting a
registration pursuant to this Section 2 within 30 days of receiving such
request a certificate signed by the Trustee stating that in the good faith
judgment of the Trustee it would be detrimental to the Trust and its
unitholders for such Registration Statement to be filed and it is therefore
beneficial to defer the filing of such Registration Statement, the Trustee
shall have the right to defer such filing for up to 2 periods of not more than
30 days each after receipt of each request of the Holders; <i>provided,
however</i>, that the Trustee may not use this right more than once (for
a total of up to 60 days) in any 12-month period.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SECTION 3.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Registration
Procedures</u>.&#160; In connection with the
registration obligations of the Trust under Section 2 hereof, during the
Effective Period, the Trustee shall:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Prepare
and file with the SEC a Registration Statement or Registration Statements,
including if so requested by the Holders a Shelf Registration Statement, on any
appropriate form under the Securities Act available for the sale of the
Registrable Securities by the Holders thereof in accordance with the intended
method or methods of distribution thereof, and use commercially reasonable
efforts to cause each such Registration Statement to become effective and
remain effective as provided herein; <i>provided</i> that
before filing any Registration Statement or Prospectus or any amendments or
supplements thereto with the SEC (but excluding reports filed with the SEC
under the Exchange Act), furnish to the Holders, the Special Counsel and the
managing underwriter or underwriters, if any, copies of all such documents
proposed to</p>


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<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">be filed at least three (3) Business Days prior to the filing of such
Registration Statement or amendment thereto or Prospectus or supplement
thereto.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Subject
to Section 3(j), prepare and file with the SEC such amendments and
post-effective amendments to each Registration Statement as may be necessary to
keep such Registration Statement continuously effective during the period
provided herein with respect to the disposition of all securities covered by
such Registration Statement; cause the related Prospectus to be supplemented by
any required prospectus supplement or free writing prospectus, and as so
supplemented to be filed pursuant to Rule 424 (or any similar provisions then
in force) under the Securities Act; and use commercially reasonable efforts to
comply with the provisions of the Securities Act applicable to the Trust with
respect to the disposition of all securities covered by such Registration
Statement during the period provided herein with respect to the disposition of
all securities covered by such Registration Statement in accordance with the
intended methods of disposition by the sellers thereof set forth in such
Registration Statement as so amended or such Prospectus as so supplemented.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Subject
to Section 3(j), from and after the date a Registration Statement is declared
effective, the Trustee shall, as promptly as practicable after the date the
Required Information is delivered pursuant to Section 4 hereof and in
accordance with this Section 3(c):</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt 36.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>if required by
applicable law, file with the SEC a post-effective amendment to the
Registration Statement or prepare and, if required by applicable law, file a
supplement to the related Prospectus or a supplement or amendment to any
document incorporated therein by reference or file any other required document
so that the Holder delivering such Required Information is named as a selling
securityholder in the Registration Statement and the related Prospectus in such
a manner as to permit such Holder to deliver such Prospectus to purchasers of
the Registrable Securities in accordance with applicable law and, if the
Trustee shall file a post-effective amendment to the Registration Statement,
use commercially reasonable efforts to cause such post-effective amendment to
be declared effective under the Securities Act as promptly as is practicable;
and</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt 36.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>provide such Holder
copies of any documents filed pursuant to Section&nbsp;3(c)(i);</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">provided</font></i>, that, if the Required
Information is delivered during a Deferral Period, the Trustee shall so inform
the Holder delivering such Required Information.&#160; The Trustee shall notify such Holder as
promptly as practicable after the effectiveness under the Securities Act of any
post-effective amendment filed pursuant to Section 3(c)(i).&#160; Notwithstanding anything contained herein to
the contrary, the Trustee shall be under no obligation to name any Holder that
has failed to deliver the Required Information in the manner set forth in
Section 4 hereof as a selling securityholder in any Registration Statement or
related Prospectus.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>As
promptly as practicable give notice to the Holders, the Special Counsel and the
managing underwriter or underwriters, if any, (i) when any Prospectus,
Registration Statement or post-effective amendment to a Registration Statement
has been filed with the SEC and, with respect to a Registration Statement or
any post-effective amendment thereto, when the same has</p>


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<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">been declared effective, (ii) of any request, following the
effectiveness of any Registration Statement under the Securities Act, by the
SEC or any other federal or state governmental authority for amendments or
supplements to any Registration Statement or related Prospectus, (iii)&nbsp;of
the issuance by the SEC or any other federal or state governmental authority of
any stop order suspending the effectiveness of any Registration Statement or
the initiation or threatening of any proceedings for that purpose, (iv)&nbsp;of
the receipt by the Trustee of any notification with respect to the suspension
of the qualification or exemption from qualification of any of the Registrable
Securities for sale in any jurisdiction or the initiation or threatening of any
proceeding for such purpose, (v)&nbsp;of the occurrence of, but not the nature
of or details concerning, a Material Event and (vi)&nbsp;of the determination
by the Trustee that a post-effective amendment to a Registration Statement will
be filed with the SEC, which notice may, at the discretion of the Trustee (or
as required pursuant to Section 3(j)), state that it constitutes a Deferral
Notice, in which event the provisions of Section 3(j) shall apply.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Use
commercially reasonable efforts to obtain the withdrawal of any order
suspending the effectiveness of a Registration Statement or the lifting of any
suspension of the qualification (or exemption from qualification) of any of the
Registrable Securities for sale in any jurisdiction in which they have been
qualified for sale, in either case as promptly as practicable, and provide
prompt notice to each Holder of the withdrawal of any such order.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(f)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>If
requested by the managing underwriters, if any, or the Holders of the
Registrable Securities being sold in connection with an underwritten offering,
promptly include in a prospectus supplement or post-effective amendment such
information as the managing underwriters, if any, and such Holders may
reasonably request in order to permit the intended method of distribution of
such securities and make all required filings of such prospectus supplement or
such post-effective amendment as soon as practicable after the Trustee has
received such request; <i>provided, however</i>,
that the Trustee shall not be required to take any actions under this Section
3(f) that are not, in the opinion of counsel for the Trustee, in compliance
with applicable law.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(g)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>As
promptly as practicable furnish to each Holder, the Special Counsel and each
managing underwriter, if any, upon request, at least one (1) conformed copy of
the Registration Statement and any amendment thereto, including exhibits and,
if requested, all documents incorporated or deemed to be incorporated therein
by reference.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(h)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Deliver
to each Holder, the Special Counsel and each managing underwriter, if any, in
connection with any sale of Registrable Securities pursuant to a Registration
Statement as many copies of the Prospectus relating to such Registrable
Securities (including each preliminary Prospectus) and any amendment or
supplement thereto as such persons may reasonably request; and the Trustee
hereby consents (except during such periods that a Deferral Notice is outstanding
and has not been revoked and subject to Section 3(j)(ii) hereof) to the use of
such Prospectus or each amendment or supplement thereto by each Holder and the
underwriters, if any, in connection with any offering and sale of the
Registrable Securities covered by such Prospectus or any amendment or
supplement thereto in the manner set forth therein.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Prior
to any public offering of the Registrable Securities pursuant to a Registration
Statement, use commercially reasonable efforts to register or qualify or
cooperate</p>


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<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">with the Holders, the Special Counsel and the underwriters, if any, in
connection with the registration or qualification (or exemption from such
registration or qualification) of such Registrable Securities for offer and
sale under the securities or Blue Sky laws of such jurisdictions within the
United States as any Holder or underwriter reasonably requests in writing
(which request may be included with the Required Information); prior to any
public offering of the Registrable Securities pursuant to the Registration
Statement, use commercially reasonable efforts to keep each such registration
or qualification (or exemption therefrom) effective during the period provided
herein with respect to the disposition of all securities covered by such
Registration Statement in connection with such Holder&#146;s offer and sale of
Registrable Securities pursuant to such registration or qualification (or
exemption therefrom) and do any and all other acts or things reasonably
necessary or advisable to enable the disposition in such jurisdictions of such
Registrable Securities in the manner set forth in the relevant Registration
Statement and the related Prospectus; <i>provided</i> that
neither the Trust nor the Trustee will be required to (i)&nbsp;qualify as a
foreign entity or as a dealer in securities in any jurisdiction where it would
not otherwise be required to qualify but for this Agreement or (ii)&nbsp;take
any action that would subject it to general service of process or to taxation
in any such jurisdiction where it is not then so subject.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(j)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Upon
(A)&nbsp;the issuance by the SEC of a stop order suspending the effectiveness
of any Registration Statement or the initiation of proceedings with respect to
any Registration Statement under Section 8(d) or 8(e) of the Securities Act,
(B)&nbsp;the occurrence of any event or the existence of any fact as a result
of which (x) any Registration Statement shall contain any untrue statement of a
material fact or omit to state any material fact required to be stated therein
or necessary to make the statements therein not misleading, or (y) any
Prospectus shall contain any untrue statement of a material fact or omit to
state any material fact required to be stated therein or necessary in order to
make the statements therein, in the light of the circumstances under which they
were made, not misleading (a &#147;<b>Material Event</b>&#148;),
or (C)&nbsp;the occurrence or existence of any pending corporate development of
the Trust that, in the reasonable discretion of the Trustee, makes it
appropriate to suspend the availability of any Registration Statement and the
related Prospectus, the Trustee shall:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt 36.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>in the case of clause
(B) above, subject to clause (ii) below, as promptly as practicable prepare and
file, if necessary pursuant to applicable law, a post-effective amendment to
such Registration Statement or a supplement to the related Prospectus or any
document incorporated therein by reference or file any other required document
that would be incorporated by reference into such Registration Statement and
Prospectus so that such Registration Statement does not contain any untrue
statement of a material fact or omit to state any material fact required to be
stated therein or necessary to make the statements therein not misleading, and
such Prospectus does not contain any untrue statement of a material fact or
omit to state any material fact required to be stated therein or necessary in
order to make the statements therein, in the light of the circumstances under
which they were made, not misleading, as thereafter delivered to the purchasers
of the Registrable Securities being sold thereunder, and, in the case of a
post-effective amendment to a Registration Statement, subject to clause (ii)
below, use commercially reasonable efforts to cause it to be declared effective
as promptly as practicable; and</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt 36.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>give notice to the
Holders and the Special Counsel, if any, that the availability of any
Registration Statement is suspended (a &#147;<b>Deferral Notice</b>&#148;)
and, upon</p>


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<p style="margin:0pt 0pt 12.0pt 36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">receipt of any Deferral Notice, each Holder agrees not
to sell any Registrable Securities pursuant to the Registration Statement until
such Holder&#146;s receipt of copies of the supplemented or amended Prospectus
provided for in clause (i) above, or until it is advised in writing by the
Trustee that the Prospectus may be used, and has received copies of any
additional or supplemental filings that are incorporated or deemed incorporated
by reference in such Prospectus, in which case such Holder will use the
Prospectus as so supplemented or amended in connection with any offering and
sale of Registrable Securities covered thereby.</font></p>

<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Trustee shall use commercially reasonable efforts
to ensure that the use of the Prospectus may be resumed (x)&nbsp;in the case of
clause (A) above, as promptly as is practicable, (y)&nbsp;in the case of clause
(B) above, as soon as, in the sole judgment of the Trustee, public disclosure
of such Material Event would not be prejudicial to or contrary to the interests
of the Trust or, if necessary to avoid unreasonable burden or expense, as soon
as practicable thereafter, and (z)&nbsp;in the case of clause (C) above, as
soon as, in the reasonable discretion of the Trustee, such suspension is no
longer appropriate.&#160; The Trustee shall be
entitled to exercise its right under this Section 3(j) to suspend the
availability of any Registration Statement or any Prospectus (the &#147;<b>Deferral Period</b>&#148;) for use by any Holder.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(k)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>If
reasonably requested by a Holder or any underwriter participating in any
disposition of Registrable Securities, if any, in writing in connection with a disposition
by such Holder of Registrable Securities pursuant to a Registration Statement,
make reasonably available for inspection during normal business hours by a
representative for such Holder(s) of such Registrable Securities, any
broker-dealers, underwriters, attorneys and accountants retained by such
Holder(s), and any attorneys or other agents retained by a broker-dealer or
underwriter engaged by such Holder(s), all relevant financial and other records
and pertinent corporate documents and properties of the Trust, and cause the
appropriate officers, directors and employees of the Trustee to make reasonably
available for inspection during normal business hours on reasonable notice all
relevant information reasonably requested by such representative for the
Holder(s), or any such broker-dealers, underwriters, attorneys or accountants
in connection with such disposition, in each case as is customary for similar &#147;due
diligence&#148; examinations; <i>provided</i> that
(i)&nbsp;the Trustee shall not be obligated to make available for inspection
any information that, based on the reasonable advice of counsel to the Trustee,
could subject the Trustee to the loss of privilege with respect thereto and
(ii)&nbsp;such persons shall first agree in writing with the Trustee that any
information that is reasonably designated by the Trustee as confidential at the
time of delivery of such information shall be kept confidential by such persons
and shall be used solely for the purposes of exercising rights under this
Agreement, unless (a)&nbsp;disclosure of such information is required by court
or administrative order or is necessary to respond to inquiries of regulatory
authorities, (b)&nbsp;disclosure of such information is required by law
(including any disclosure requirements pursuant to federal securities laws in
connection with the filing of any Registration Statement or the use of any
Prospectus referred to in this Agreement) or (c)&nbsp;such information becomes
generally available to the public other than as a result of a disclosure or
failure to safeguard by any such person; and <i>provided
further</i> that the foregoing inspection and information gathering
shall, to the greatest extent possible, be coordinated on behalf of all the
Holders and the other parties entitled thereto by Special Counsel, if any, or another
representative selected by the Holders of a majority of Registrable Securities
being registered pursuant to such Registration Statement.&#160; Any person legally compelled or</p>


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<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">required by administrative or court order or by a regulatory authority
to disclose any such confidential information made available for inspection
shall provide the Trustee with prompt prior written notice of such requirement
so that the Trustee may seek a protective order or other appropriate remedy.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(l)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Use
its best efforts to comply with all applicable rules and regulations of the SEC
and make generally available to the Trust&#146;s securityholders earnings statements
(which need not be audited) satisfying the provisions of Section 11(a) of the
Securities Act and Rule 158 thereunder (or any similar rule promulgated under
the Securities Act) for a 12-month period commencing on the first day of the
first fiscal quarter of the Trust commencing after the effective date of a
Registration Statement, which statements shall be made available no later than
the next succeeding Business Day after such statements are required to be filed
with the SEC.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(m)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Cooperate
with each Holder and the managing underwriters, if any, to facilitate the
timely preparation and delivery of certificates representing Registrable
Securities sold or to be sold pursuant to a Registration Statement, which
certificates shall not bear any restrictive legends stating that the
Registrable Securities evidenced by the certificates are &#147;restricted securities&#148;
(as defined by Rule 144), and cause such Registrable Securities to be
registered in such names as such Holder or the managing underwriters, if any,
may request in writing at least two (2) Business Days prior to any sale of such
Registrable Securities.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(n)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Provide
a CUSIP number for all Registrable Securities covered by each Registration
Statement not later than the effective date of such Registration Statement.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(o)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Cooperate
with and assist each Holder, the Special Counsel and any underwriters
participating in any disposition of Registrable Securities in any filings
required to be made with the National Association of Securities Dealers, Inc.
in connection with the filing or effectiveness of any Registration Statement,
any post-effective amendment thereto or any offer or sale of Trust Units
thereunder.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(p)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>In
the case of a proposed sale pursuant to a Registration Statement involving an
underwritten offering, the Trustee shall enter into such customary agreements
on behalf of he Trust (including, if requested, an underwriting agreement in
reasonably customary form) and take all such other action, if any, as Holders
of a majority of the Registrable Securities being sold or any managing
underwriters reasonably shall request in order to facilitate any disposition of
the Registrable Securities pursuant to such Registration Statement, including,
without limitation, (i)&nbsp;using commercially reasonable efforts to cause its
counsel to deliver an opinion or opinions in reasonably customary form,
(ii)&nbsp;using its reasonable best efforts to cause its officers to execute
and deliver all customary documents and certificates on behalf of the Trust and
(iii)&nbsp;using its reasonable best efforts to cause the Trust&#146;s independent
public accountants to provide a comfort letter or letters in reasonably customary
form.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(q)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Use
its reasonable best efforts to support the marketing of the Registrable
Securities covered by the Registration Statement taking into account the Trust&#146;s
business needs.</p>


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<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(r)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Upon
(i)&nbsp;the filing of any Registration Statement and (ii)&nbsp;the effectiveness
of any Registration Statement, announce the same, in each case by press release
to Reuters Economic Services and Bloomberg Business News.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(s)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Use
commercially reasonable efforts to cause all such Registrable Securities to be
listed on each securities exchange or quotation system on which similar
securities issued by the Trust are listed or traded.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SECTION 4.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Holder&#146;s Obligations</u>.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Each
Holder agrees that if such Holder wishes to sell Registrable Securities
pursuant to a Registration Statement and related Prospectus, it will do so only
in accordance with this Section 4 and Section 3(j) hereof.&#160; The Trustee may require each seller of
Registrable Securities as to which any registration is being effected to furnish
to the Trustee in writing such information required in connection with such
registration regarding such seller and the distribution of such Registrable
Securities as the Trustee may, from time to time, reasonably request in writing
(the &#147;<b>Required Information</b>&#148;) and the Trustee
may exclude from such registration the Registrable Securities of any seller who
unreasonably fails to furnish such information within a reasonable time after
receiving such request.&#160; In addition,
following the date that a Registration Statement is declared effective, each
Holder wishing to sell Registrable Securities pursuant to a Registration
Statement and related Prospectus agrees to deliver, at least seven (7) Business
Days prior to any intended distribution of Registrable Securities under the
Registration Statement, to the Trustee any additional Required Information as
the Trustee may reasonably request so that the Trustee may complete or amend
the information required by any Registration Statement.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Each
Holder agrees, by acquisition of the Registrable Securities, that no Holder
shall be entitled to sell any of such Registrable Securities pursuant to a
Registration Statement or to receive a Prospectus relating thereto unless such
Holder has furnished the Trustee with the Required Information as required
pursuant to this Section 4 and the information set forth in the next
sentence.&#160; Each Holder agrees promptly to
furnish to the Trustee all information required to be disclosed in order to
make the information previously furnished to the Trustee by such Holder not misleading
and any other information regarding such Holder and the distribution of such
Registrable Securities as the Trustee may from time to time reasonably
request.&#160; Any sale of any Registrable
Securities by any Holder shall constitute a representation and warranty by such
Holder that the information relating to such Holder and its plan of
distribution is as set forth in the Prospectus delivered by such Holder in
connection with such disposition, that such Prospectus does not as of the time
of such sale contain any untrue statement of a material fact relating to or
provided by such Holder or its plan of distribution and that such Prospectus
does not as of the time of such sale omit to state any material fact relating
to or provided by such Holder or its plan of distribution necessary in order to
make the statements in such Prospectus, in the light of the circumstances under
which they were made, not misleading.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SECTION 5.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Registration
Expenses</u>.&#160; The Company shall bear all
out-of-pocket fees and expenses incurred in connection with the performance by
the Trustee of its obligations under Sections 2 and 3 of this Agreement whether
or not any Registration Statement is declared effective.&#160; Such fees and expenses shall include, without
limitation, (i)&nbsp;all registration and filing</p>


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<p style="margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">fees (including, without
limitation, fees and expenses (x)&nbsp;with respect to filings required to be
made with the National Association of Securities Dealers, Inc. and (y)&nbsp;of
compliance with federal and state securities or Blue Sky laws (including,
without limitation, reasonable fees and disbursements of the Special Counsel,
if any, in connection with Blue Sky qualifications of the Registrable
Securities under the laws of such jurisdictions as Holders of a majority of the
Registrable Securities being sold pursuant to a Registration Statement may
designate)), (ii)&nbsp;printing expenses (including, without limitation,
expenses of printing certificates for Registrable Securities in a form eligible
for deposit with The Depository Trust Company), (iii)&nbsp;duplication expenses
relating to copies of any Registration Statement or Prospectus delivered to any
Holders hereunder, (iv)&nbsp;fees and disbursements of counsel for the Trustee
and the Special Counsel, if any, in connection with any Registration Statement,
(v)&nbsp;fees of accountants for consents and cold comfort and (vi)&nbsp;the
fees and expenses incurred in connection with the listing by the Trustee of the
Registrable Securities on any securities exchange on which similar securities
of the Trust are then listed.&#160; However,
the Trust shall pay the internal expenses of the Trustee (including, without
limitation, all salaries and expenses of officers and employees performing
legal or accounting duties), the expense of any annual audit and the other fees
and expenses of the accountants for the Trust not covered by clause (v) of the
preceding sentence, other than any expense that would not have otherwise been
incurred but for the fact of the filing of the Registration Statement or the
timing thereof, the fees and expenses of any person, including special experts,
retained by the Trustee and the fees and expenses of any transfer agent for the
Registrable Securities.&#160; Notwithstanding
the provisions of this Section 5, each seller of Registrable Securities shall
pay its own selling expenses, including any underwriting discount and
commissions, all registration expenses to the extent required by applicable law
and, except as otherwise provided herein, fees and expenses of counsel.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SECTION 6.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Indemnification and
Contribution</u>.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Indemnification by the Trust</i>.&#160; The Trust shall indemnify and hold harmless
the Company, each Holder and each person, if any, who controls the Company or
any Holder within the meaning of either Section 15 of the Securities Act or
Section 20 of the Exchange Act, from and against any and all losses, claims,
damages and liabilities (including, without limitation, any reasonable legal or
other expenses reasonably incurred in connection with defending or
investigating any such action or claim) (&#147;<b>Expenses</b>&#148;) to
which the Company, any Holder or any controlling person of the Company or any
Holder may become subject, under or with respect to the Securities Act, the
Exchange Act, any other federal or state securities law or otherwise, insofar
as such Expenses are caused by any untrue statement or alleged untrue statement
of a material fact contained in any Registration Statement at the date and time
as of which such Registration Statement was declared effective by the SEC, any
preliminary Prospectus or the Prospectus, or caused by any omission or alleged
omission to state therein a material fact required to be stated therein or
necessary in order to make the statements therein (in the case of a preliminary
Prospectus or Prospectus, in light of the circumstances under which they were
made), not misleading, but in each case only with respect to written
information relating to the Trust furnished by or on behalf of the Trustee
specifically for inclusion in the documents referred to in the foregoing
indemnity.&#160; Subject to Section 6(e) of
this Agreement, the Trust shall reimburse the Company, the Holders and any
controlling persons thereof for any legal or other expenses reasonably incurred
by the Company, the Holders or any controlling persons thereof in connection
with the investigation or defense of any Expenses with respect to which the
Company</p>


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<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">and the Holders or any controlling persons thereof is entitled to
indemnity by the Trust under this Agreement.&#160;
In connection with any underwritten offering pursuant to Section 8, the
Trust will also agree to indemnify the underwriters, if any, their officers and
directors and each person who controls such underwriters (within the meaning of
the Securities Act and the Exchange Act) on terms and conditions similar to
those set forth herein with respect to the indemnification of the Company and
the Holders, if requested in connection with any Registration Statement, such
indemnification to be set forth in any underwriting agreement to be entered
into by the Trustee with such underwriter(s).</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Indemnification by the Company</i>.&#160; The Company shall indemnify and hold harmless
each Holder (other than the Company), the Trust and the Trustee and any agents
thereof, individually and as trustee, as the case may be, and each person, if
any, who controls such Holder, the Trust or the Trustee within the meaning of
either Section 15 of the Securities Act or Section 20 of the Exchange Act, from
and against any Expenses (excluding, however, any taxes, fees and other charges
payable by the Trustee on, based on or measured by any fees, commissions or
compensation received by the Trustee for its services under this Agreement) to
which such Holder, the Trust, the Trustee or any agent thereof or any
controlling person of such Holder, the Trust or the Trustee may become subject,
under or with respect to the Securities Act, the Exchange Act, any other
federal or state securities law or otherwise, insofar as such Expenses are
caused by (i) an untrue statement or alleged untrue statement of a material
fact contained in any Registration Statement or an omission or alleged omission
to state a material fact required to be stated in or necessary to make the
statements therein not misleading at the date and time as of which such
Registration Statement was declared effective by the SEC, (ii) an untrue
statement or alleged untrue statement of a material fact contained in any
preliminary Prospectus or any Prospectus or an omission or alleged omission to
state a material fact necessary in order to make the statements therein, in the
light of the circumstances under which they were made, not misleading as of the
date of such preliminary Prospectus or Prospectus and as of the closing of the
sale of Trust Units sold thereunder or (iii) any untrue statement or alleged
untrue statement of a material fact contained in any other filing, report or
other action taken with respect to the Securities Act, the Exchange Act or any
other Federal or state securities law, the listing of the Trust Units on the
New York Stock Exchange or another national securities exchange or the
quotation of the Trust Units on NASDAQ or any omission or alleged omission to
state a material fact required to be stated therein or necessary to make the
statements therein not misleading; <i>provided, however</i>,
that the Company shall not be liable to and shall not indemnify the Holders
(other than the Company), the Trustee or any agents or controlling persons
thereof, individually or as trustee, as the case may be, in any such case under
the preceding clauses (i) and (ii) of this Section 6(b) to the extent that any
such Expense arises out of, is based upon or is connected with information
relating to (a) the Trustee in its individual capacity or (b) such Holder, in
either case prepared or furnished by the Trustee or such Holder, as the case
may be, expressly for use in any Registration Statement, any preliminary
Prospectus or any Prospectus; and <i>provided, further</i>,
that the Company shall not be liable to the Holders (other than the Company),
the Trustee or any agents or controlling persons thereof, individually or as
trustee, as the case may be, in any such case under the preceding clause (iii)
of this Section 6(b) to the extent that any such Expense arises out of, is
based upon or is connected with information relating to (a) the Trustee in its
individual capacity prepared or furnished by the Trustee and the Trustee is
found liable or (b) such Holder prepared or furnished by such Holder and such
Holder is found liable.&#160; Subject to
Section 6(e) of this Agreement, the Company shall reimburse the Holders (other
than the</p>


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<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Company), the Trust and the Trustee and any agents or controlling
persons thereof for any legal or other expenses reasonably incurred by the
Holders (other than the Company), the Trust and the Trustee or any agent or
controlling persons thereof in connection with the investigation or defense of
any Expenses with respect to which the Holders (other than the Company), the
Trust and the Trustee or any agent or controlling persons thereof is entitled
to indemnity by the Company under this Agreement.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Indemnification by Certain of the Holders</i>.&#160; Each Holder (other than the Company),
severally and not jointly, shall indemnify and hold harmless the Company, the
Trust, the Trustee and any agents thereof, individually and as trustee, and any
other Holder and each person, if any, who controls the Company, the Trust, the
Trustee and any agents thereof, individually and as trustee, or any other
Holder within the meaning of either Section 15 of the Securities Act or Section
20 of the Exchange Act, from and against any and all Expenses to which the
Company, the Trust, the Trustee and any agents thereof, individually and as
trustee, any other Holder or any controlling person of the Company, the Trust,
the Trustee and any agents thereof, individually and as trustee, or any other
Holder may become subject, under or with respect to the Securities Act, the
Exchange Act, any other federal or state securities law or otherwise, insofar
as such Expenses are caused by any untrue statement or alleged untrue statement
of a material fact contained in any Registration Statement at the date and time
as of which such Registration Statement was declared effective by the SEC, any
preliminary Prospectus or the Prospectus, or caused by any omission or alleged
omission to state therein a material fact required to be stated therein or
necessary in order to make the statements therein (in the case of a preliminary
Prospectus or Prospectus, in light of the circumstances under which they were
made), not misleading, but in each case only with respect to written
information relating to such Holder (other than the Company) furnished by or on
behalf of such Holder specifically for inclusion in the documents referred to
in the foregoing indemnity.&#160; Subject to
Section 6(e) of this Agreement, such Holder shall reimburse the Company, the
Trust, the Trustee and any agents thereof, individually and as trustee, the
other Holders and any agents or controlling persons thereof for any legal or
other expenses reasonably incurred by the Company, the Trust, the Trustee and
any agents thereof, individually and as trustee, the other Holders or any agent
or controlling persons thereof in connection with the investigation or defense
of any Expenses with respect to which the Company, the Trust, the Trustee and
any agents thereof, individually and as trustee, and the other Holders or any
agent or controlling persons thereof is entitled to indemnity by such Holder
under this Agreement.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Conduct of Indemnification Proceedings</i>.&#160; In case any proceeding (including any
governmental investigation) shall be instituted involving any person in respect
of which indemnity may be sought pursuant to Section 6(a), 6(b) or 6(c) hereof,
such person (the &#147;<b>Indemnified Party</b>&#148;)
shall promptly notify the person against whom such indemnity may be sought (the
&#147;<b>Indemnifying Party</b>&#148;) in writing and the
Indemnifying Party, upon request of the Indemnified Party, shall retain counsel
reasonably satisfactory to the Indemnified Party to represent the Indemnified
Party and any others the Indemnifying Party may designate in such proceeding
and shall pay the reasonable fees and disbursements of such counsel related to
such proceeding.&#160; In any such proceeding,
any Indemnified Party shall have the right to retain its own counsel, but the
fees and expenses of such counsel shall be at the expense of such Indemnified
Party unless (i)&nbsp;the Indemnifying Party and the Indemnified Party shall
have mutually agreed to the retention of such counsel or (ii)&nbsp;the named
parties to any such proceeding (including any</p>


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<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">impleaded parties) include both the Indemnifying Party and the
Indemnified Party and representation of both parties by the same counsel would
be inappropriate due to actual or potential differing interests between them,
other than solely by virtue of the rights and obligations of the Indemnifying
Party and the Indemnified Party under this Section 6.&#160; It is understood that the Indemnifying Party
shall not, in respect of the legal expenses of any Indemnified Party in
connection with any proceeding or related proceedings in the same jurisdiction,
be liable for the fees and expenses of more than one separate firm (in addition
to any local counsel) for all such indemnified parties and that all such fees
and expenses shall be reimbursed as they are incurred.&#160; Such firm shall be designated in writing by,
in the case of parties indemnified pursuant to Section 6(a), the Holders of a
majority of the Registrable Securities covered by the Registration Statement
held by Holders that are indemnified parties pursuant to Section 6(a) and, in
the case of parties indemnified pursuant to Section 6(b) or Section 6(c), the
Trustee.&#160; The Indemnifying Party shall
not be liable for any settlement of any proceeding effected without its written
consent, but if settled with such consent or if there be a final,
non-appealable judgment for the plaintiff, the Indemnifying Party agrees to
indemnify the Indemnified Party from and against any Expenses by reason of such
settlement or judgment.&#160; No Indemnifying
Party shall, without the prior written consent of the Indemnified Party, effect
any settlement of any pending or threatened proceeding in respect of which any
Indemnified Party is or could have been a party and indemnity could have been
sought hereunder by such Indemnified Party, unless such settlement includes an
unconditional release of such Indemnified Party from all liability on claims
that are the subject matter of such proceeding.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Contribution</i>.&#160; To the
extent that the indemnification provided for in Section 6(a),&#160;&#160; 6(b) or 6(c) is unavailable to an
Indemnified Party or insufficient in respect of any Expenses referred to
therein, then each Indemnifying Party under such paragraph, in lieu of
indemnifying such Indemnified Party thereunder, shall contribute to the amount
paid or payable by such Indemnified Party as a result of such Expenses
(i)&nbsp;in such proportion as is appropriate to reflect the relative benefits
received by the Indemnifying Party or Indemnifying Parties on the one hand and
the Indemnified Party or Indemnified Parties on the other hand or (ii)&nbsp;if
the allocation provided by clause (i) above is not permitted by applicable law,
in such proportion as is appropriate to reflect not only the relative benefits
referred to in clause (i) above but also the relative fault of the Indemnifying
Party or Indemnifying Parties on the one hand and of the Indemnified Party or
Indemnified Parties on the other hand in connection with the statements or
omissions that resulted in such Expenses, as well as any other relevant
equitable considerations.&#160; The relative
fault of the Company and the other Holders on the one hand and the Trust on the
other hand shall be determined by reference to, among other things, whether the
untrue or alleged untrue statement of a material fact or the omission or
alleged omission to state a material fact required to be stated or necessary in
order to make the statements (in the case of a preliminary Prospectus or
Prospectus, in light of the circumstances under which they were made) not misleading,
relates to information supplied by the Company, the other Holders or by the
Trust, and the parties&#146; relative intent, knowledge, access to information and
opportunity to correct or prevent such statement or omission.&#160; The Holders&#146; respective obligations to
contribute pursuant to this Section 6 are several in proportion to the
respective number of Registrable Securities they have sold pursuant to a
Registration Statement, and not joint.</p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The parties hereto agree that it would not be just and
equitable if contribution pursuant to this Section 6(e) were determined by pro
rata allocation or by any other method of allocation that</font></p>


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<p style="margin:0pt 0pt 12.0pt;text-indent:0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">does not take into
account the equitable considerations referred to in the immediately preceding
paragraph.&#160; The amount paid or payable by
an Indemnified Party as a result of the Expenses referred to in the immediately
preceding paragraph shall be deemed to include, subject to the limitations set
forth above, any legal or other expenses reasonably incurred by such
Indemnified Party in connection with investigating or defending any such action
or claim.&#160; No person guilty of fraudulent
misrepresentation (within the meaning of Section 11(f) of the Securities Act)
shall be entitled to contribution from any person who was not guilty of such
fraudulent misrepresentation.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(f)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The
remedies provided for in this Section 6 are not exclusive and shall not limit
any rights or remedies which may otherwise be available to an Indemnified Party
at law or in equity, hereunder or otherwise.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(g)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The
indemnity and contribution provisions contained in this Section 6 shall remain
operative and in full force and effect regardless of (i)&nbsp;any termination
of this Agreement, (ii)&nbsp;any investigation made by or on behalf of any
Holder, any person controlling the Company or any other Holder or any Affiliate
of the Company or any other Holder or by or on behalf of the Trustee, its
officers or directors or any person controlling the Trustee and (iii) the sale
of any Registrable Securities by any Holder.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SECTION 7.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Information
Requirements</u>.&#160; The Trustee covenants
that, if at any time before the end of the Effective Period the Trust is not
subject to the reporting requirements of the Exchange Act, it will cooperate
with any Holder and take such further reasonable action as any Holder may
reasonably request in writing (including, without limitation, making such
reasonable representations as any such Holder may reasonably request), all to
the extent required from time to time to enable such Holder to sell Registrable
Securities without registration under the Securities Act within the limitation
of the exemptions provided by Rule 144 or Rule 144A under the Securities Act
and customarily taken in connection with sales pursuant to such exemptions.&#160; Upon the written request of any Holder, the
Trustee shall deliver to such Holder a written statement as to whether the
Trust has complied with such filing requirements.&#160; Notwithstanding the foregoing, nothing in
this Section 7 shall be deemed to require the Trustee to register any of the
Trust&#146;s securities under any section of the Exchange Act.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SECTION 8.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Underwritten
Registrations</u>.&#160; The Holders of
Registrable Securities covered by any Registration Statement who desire to do
so may sell such Registrable Securities to an underwriter in an underwritten
offering for reoffering to the public.&#160;
If any of the Registrable Securities covered by any Registration
Statement are to be sold in an underwritten offering, the investment banker or
investment bankers and manager or managers that will administer the offering
will be selected by the Holders of a majority of such Registrable Securities
included in such offering, subject to the consent of the Trustee (which shall
not be unreasonably withheld or delayed), and such Holders shall be responsible
for all underwriting commissions and discounts and any transfer taxes in
connection therewith.&#160; No person may
participate in any underwritten registration hereunder unless such person
(i)&nbsp;agrees to sell such person&#146;s Registrable Securities on the basis reasonably
provided in any underwriting arrangements approved by the persons entitled
hereunder to approve such arrangements and (ii)&nbsp;completes and executes all
questionnaires, powers of attorney, indemnities, underwriting</p>


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<p style="margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">agreements and other
documents reasonably required under the terms of such underwriting
arrangements.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SECTION 9.</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Miscellaneous</u>.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Amendments and Waivers</i>.&#160;
The provisions of this Agreement, including the provisions of this
sentence, may not be amended, modified or supplemented, and waivers or consents
to departures from the provisions hereof may not be given, without the written
consent of the Trustee, the Company and the Holders of a majority of
Registrable Securities.&#160; Notwithstanding
the foregoing, a waiver or consent to depart from the provisions hereof with
respect to a matter that relates exclusively to the rights of Holders whose
securities are being sold pursuant to a Registration Statement and that does
not directly or indirectly affect the rights of other Holders may be given by Holders
of at least a majority of the Registrable Securities being sold by such Holders
pursuant to such Registration Statement; <i>provided</i> that
the provisions of this sentence may not be amended, modified or supplemented
except in accordance with the provisions of the immediately preceding
sentence.&#160; Notwithstanding the foregoing,
this Agreement may be amended by written agreement signed by the Trustee,
without the consent of the Holders of Registrable Securities, to cure any
ambiguity or to correct or supplement any provision contained herein that may
be defective or inconsistent with any other provision contained herein, or to
make such other provisions in regard to matters or questions arising under this
Agreement that shall not adversely affect the interests of the Holders of
Registrable Securities.&#160; Each Holder of
Registrable Securities outstanding at the time of any such amendment,
modification, supplement, waiver or consent or thereafter shall be bound by any
such amendment, modification, supplement, waiver or consent effected pursuant
to this Section 9(a), whether or not any notice, writing or marking indicating
such amendment, modification, supplement, waiver or consent appears on the
Registrable Securities or is delivered to such Holder.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Notices</i>.&#160; All notices
and other communications provided for or permitted hereunder shall be made in
writing by hand delivery, by facsimile, by courier guaranteeing overnight
delivery or by first-class mail, return receipt requested, and shall be deemed
given (i)&nbsp;when made, if made by hand delivery, (ii)&nbsp;upon
confirmation, if made by facsimile, (iii)&nbsp;one (1) Business Day after being
deposited with such courier, if made by overnight courier or (iv)&nbsp;on the
date indicated on the notice of receipt, if made by first-class mail, to the
parties as follows:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt 36.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>if to a Holder, at the
most current address given by such Holder to the Trustee;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>if
to the Trust or the Trustee, to:</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt .0001pt 108.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV Oil Trust<br>
c/o The Bank of New York Trust Company, N.A.<br>
Global Corporate Trust<br>
221 West Sixth Street, 1</font><font size="1" style="font-size:6.5pt;position:relative;top:-3.0pt;">st</font>&#160;Floor<br>
Austin, Texas 78701<br>
Attention:&#160; Mike J. Ulrich<br>
Fax: (512) 479-2553</p>


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<p style="margin:0pt 0pt 12.0pt 108.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">with a copy to:</font></p>

<p style="margin:0pt 0pt 12.0pt 108.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Andrews Kurth LLP<br>
600 Travis, Suite 4200<br>
Houston, Texas 77002<br>
Attention:&#160; David C. Buck<br>
Fax: (713)&nbsp;238-7126</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>if to the Company, to:</p>

<p style="margin:0pt 0pt 12.0pt 108.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV Partners, LLC<br>
250 N. Water, Suite 300<br>
Wichita, Kansas 67202<br>
Attention: David L. Murfin<br>
Fax: (316) 267-6004</font></p>

<p style="margin:0pt 0pt 12.0pt 108.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">with a copy to:</font></p>

<p style="margin:0pt 0pt 12.0pt 108.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Vinson &amp; Elkins L.L.P.<br>
1001 Fannin, Suite 2500<br>
Houston, Texas&#160; 77002<br>
Attention: Thomas P. Mason<br>
Fax: (713)&nbsp;615-5320</font></p>

<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">or to such other address as such person may have
furnished to the other persons identified in this Section 9(b) in writing in
accordance herewith.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Approval of Holders</i>.&#160;
Whenever the consent or approval of Holders of a specified percentage of
Registrable Securities is required hereunder, Registrable Securities held by
the Trust or its Affiliates (as such term is defined in Rule 405 under the
Securities Act) (other than the Company or subsequent Holders if such Holders
are deemed to be such Affiliates solely by reason of their holdings of such
Registrable Securities) shall not be counted in determining whether such
consent or approval was given by the Holders of such required percentage.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Successors and Transferees</i>.&#160;
Any person or group of persons who purchases any Registrable Securities
from the Company or otherwise holds any Registrable Securities as a result of
any sale, liquidation, dividend or distribution by the Company or any of its
Affiliates shall be deemed, for purposes of this Agreement, to be a transferee
of the Company, but if and only if such person or group (i)&nbsp;agrees to be
designated as a transferee, (ii)&nbsp;is specifically designated as a
transferee in writing by the Company to the Trustee and (iii)&nbsp;in the case
of a group such group shall collectively constitute a Transferee for purposes
of this Agreement (including without limitation, for purposes of exercising any
Demand Registration right transferred by the Company to such group) (a &#147;<b>Transferee</b>&#148;).&#160; This
Agreement shall inure to the benefit of and be binding upon such Transferees
and shall inure to the benefit of and be binding upon each such Transferees, <i>provided</i> that nothing herein shall be deemed to permit any
assignment, transfer or other disposition of Registrable Securities in
violation of the terms thereof.&#160; If the Company
designates any person as a Transferee in accordance with this Section 9(d),
then the Registrable Securities acquired by such Transferee shall be held
subject to all of</p>


 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">18</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">the terms of this Agreement, and by taking and holding such Registrable
Securities, such person shall be conclusively deemed to have agreed to be bound
by and to perform all of the terms and provisions of this Agreement and such
person shall be entitled to receive the benefits hereof.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Counterparts</i>.&#160; This
Agreement may be executed in any number of counterparts and by the parties
hereto in separate counterparts, each of which when so executed shall be deemed
to be an original and all of which taken together shall constitute one and the
same agreement.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(f)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Headings</i>.&#160; The
headings in this Agreement are for convenience of reference only and shall not
limit or otherwise affect the meaning hereof.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(g)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Governing Law</i>.&#160; THIS
AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE
STATE OF DELAWARE.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(h)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Severability</i>.&#160; If any
term, provision, covenant or restriction of this Agreement is held to be
invalid, illegal, void or unenforceable, the remainder of the terms,
provisions, covenants and restrictions set forth herein shall remain in full
force and effect and shall in no way be affected, impaired or invalidated
thereby, and the parties hereto shall use their reasonable best efforts to find
and employ an alternative means to achieve the same or substantially the same
result as that contemplated by such term, provision, covenant or restriction,
it being intended that all of the rights and privileges of the parties shall be
enforceable to the fullest extent permitted by law.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Entire Agreement</i>.&#160;
This Agreement is intended by the parties as a final expression of their
agreement and is intended to be a complete and exclusive statement of the
agreement and understanding of the parties hereto in respect of the subject
matter contained herein and the registration rights granted by the Trust with
respect to the Registrable Securities.&#160;
There are no restrictions, promises, warranties or undertakings, other
than those set forth or referred to herein, with respect to the registration
rights granted by the Trust with respect to the Registrable Securities.&#160; This Agreement supersedes all prior
agreements and undertakings among the parties with respect to such registration
rights.&#160; No party hereto shall have any
rights, duties or obligations other than those specifically set forth in this
Agreement.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(j)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Termination</i>.&#160; This
Agreement and the obligations of the parties hereunder shall terminate upon the
end of the Effective Period, except for any liabilities or obligations under
Section 4, 5 or 6 hereof, each of which shall remain in effect in accordance
with its terms.</p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(k)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Specific Enforcement; Venue</i>.&#160;
The parties hereto acknowledge and agree that each would be irreparably
damaged if any of the provisions of this Agreement are not performed by the
other in accordance with their specific terms or are otherwise breached.&#160; It is accordingly agreed that each party
shall be entitled to seek an injunction or injunctions to prevent breaches of
this Agreement by the other and to enforce this Agreement and the terms and
provisions hereof specifically against the other, in addition to any other
remedy to which such aggrieved party may be entitled at law or in equity.&#160; Any action or proceeding seeking to enforce
any provision of, or based on any rights arising out of, this Agreement may be
brought against any of the parties in the FEDERAL AND KANSAS STATE COURTS
SITTING IN WICHITA, SEDGWICK</p>


 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">19</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">COUNTY, KANSAS and the FEDERAL AND TEXAS STATE COURTS SITTING IN
AUSTIN, TRAVIS COUNTY, TEXAS and each of the parties consents to the
jurisdiction of such courts (and of the appropriate appellate courts) in any
such action or proceeding and waives any objection to venue laid therein.&#160; Process in any action or proceeding referred
to in the preceding sentence may be served on any party anywhere in the world.</font></p>


 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">20</font></p>
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<div style="font-family:Times New Roman;">

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">IN WITNESS WHEREOF, the parties have executed this
Agreement as of the date first written above.</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.28%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><!-- SET mrlNoTableShading --></p>
  </td>
  <td width="43%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:43.72%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV PARTNERS, LLC</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="43%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:43.72%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:37.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV Energy, LLC,</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:37.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">its Manager</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:37.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:37.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Murfin, Inc.,</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:37.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Member</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:37.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:37.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="37%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:37.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ David L. Murfin</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:37.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">David L. Murfin</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:37.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">President</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:37.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:37.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="43%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:43.72%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">THE BANK OF NEW YORK TRUST</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:37.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">COMPANY, N.A., as trustee of MV Oil<br>
  Trust</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:37.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:37.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="37%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:37.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Mike J. Ulrich</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:</font></p>
  </td>
  <td width="37%" valign="top" style="border:none;padding:0pt .7pt 0pt 0pt;width:37.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Mike J. Ulrich</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>
  </td>
  <td width="37%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:37.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Vice President</font></p>
  </td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0pt 0pt 24.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Signature Page to Registration
Rights Agreement</font></i></p>

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<FILENAME>a07-2690_1ex5d1.htm
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<p align="right" style="margin:0pt 0pt 12.0pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Exhibit
5.1</font></b></p>

<p align="right" style="margin:0pt 0pt 24.0pt;text-align:right;"><font size="2" face="Times New Roman"><img width="274" height="33" src="g26901khi001.gif"></font></p>

<p style="margin:0pt 0pt 24.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">January 25, 2007</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.0%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">TO THE PARTIES LISTED ON</font></p>
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">SCHEDULE A HERETO</font></p>
  </td>
  <td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.0%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table>

<p style="margin:12.0pt 0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Re:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; MV Oil Trust</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">We have acted as
special Delaware counsel for MV Oil Trust, a Delaware statutory trust (the &#147;<u>Trust</u>&#148;),
solely in connection with the matters set forth herein.&#160; This opinion letter is being delivered to you
at your request.&#160; Capitalized terms used
herein but not defined herein shall have the meanings assigned to such terms in
the Trust Agreement (as hereinafter defined) </font>except that reference herein to any document
means such document as in effect on the date hereof.</p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">In rendering the
opinions set forth below, we have examined the originals, or copies certified
to our satisfaction, of the following documents:</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">a.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Trust Agreement of the Trust,
dated as of August 3, 2006 (the &#147;<u>Original Trust Agreement</u>&#148;), by and
among MV Partners, LLC (&#147;<u>MV Partners</u>&#148;), Wilmington Trust Company (&#147;<u>WTC</u>&#148;),
and The Bank of New York Trust Company, National Association (&#147;<u>BNY</u>&#148;);</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">b.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Amended and Restated Trust
Agreement of the Trust (the &#147;<u>Trust Agreement</u>&#148;), attached as an exhibit
to the Current Report (as hereinafter defined), amending and restating in its
entirety the Original Trust Agreement, among MV Partners, WTC and BNY;</font></p>

<p style="margin:0pt 0pt 12.0pt;text-autospace:none;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The
Current Report on Form 8-K, as filed with the Securities and Exchange
Commission on January 25, 2007 (including the exhibits attached thereto, the &#147;<u>Current
Report</u>&#148;), relating to the Trust and the sale by MV Partners of the Trust
Units; and</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">d.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Such other agreements, documents,
certificates and other statements of government officials and the Trustee and
Delaware Trustee of the Trust and other papers as we deemed relevant and
necessary as a basis for such opinions and have relied as to factual matters on
representations, warranties and other statements therein.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">In such
examination, we have assumed the genuineness of all signatures and the
authenticity of all documents submitted to us as originals and the conformity
with the originals of all documents submitted to us as copies.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Based upon and
subject to the foregoing, and subject to the assumptions, qualifications,
limitations and exceptions set forth herein, we are of the opinion that as of
this date:</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman"><img width="624" height="46" src="g26901khi002.jpg"></font></p>


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<h1 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Trust has been
duly created and is validly existing in good standing as a statutory trust
under the Delaware Statutory Trust Act, 12 </font><i>Del. C.</i> &#167; 3801 <i>et seq. </i>(the &#147;<u>DST Act</u>&#148;).</h1>

<h1 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Trust has the
statutory trust power and authority under the DST Act and the Trust Agreement
to own property and conduct its business, all as described in the Trust
Agreement, and to perform its obligations thereunder.</font></h1>

<h1 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Trust Agreement
constitutes a legal, valid and binding obligation of the parties thereto,
enforceable against each of them in accordance with its terms.</font></h1>

<h1 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The Trust Units have
been duly authorized for issuance by the Trust Agreement and, upon (a) receipt
of the consideration for the Trust Units by the Trust and (b) the entry of a
notation in an ownership ledger maintained by the Trustee for the purpose of
evidencing the ownership of the Trust Units pursuant to Section 4.01 of the
Trust Agreement, all as described in the Trust Agreement, the Trust Units
issued to MV Partners will constitute valid, fully paid and non-assessable
beneficial interests in the assets of the Trust, entitled to the benefits of
the Trust Agreement.</font></h1>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">5.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; P</font>ursuant to
Section 3803 of the DST Act, upon the valid issuance of the Trust Units to the
Trust Unitholders in accordance with Section 4.01 of the Trust Agreement, the
Trust Unitholders will be entitled to the same limitation of personal liability
under Delaware Law as is extended to stockholders of private corporations for
profit organized under the General Corporation law of the State of Delaware.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The
foregoing opinions are subject to the following assumptions, exceptions,
qualifications and limitations, in addition to those above:</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">A.&#160; The foregoing opinions are limited to the
laws of the State of Delaware as enacted and currently in effect, excluding the
securities and anti-trust laws thereof and laws, rules and regulations relating
to the particular nature of the assets of the Trust.&#160; We have not considered and express no opinion
on the laws of any other jurisdiction, including, without limitation, federal
laws and rules and regulations relating thereto.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">B.&#160; </font>The foregoing opinions relating to enforceability are subject to (i)
bankruptcy, insolvency, moratorium, reorganization, receivership, fraudulent
conveyance, preferential transfer, liquidation and similar laws relating to or
affecting rights and remedies of creditors generally, (ii) principles of
equity, including, without limitation, applicable law relating to fiduciary
duties (regardless of whether considered and applied in a proceeding in equity
or at law),&#160; (iii) standards of good
faith, fair dealing, course of dealing, course of performance, materiality and
reasonableness that may be applied by a court, considerations of public policy
and the exercise of judicial discretion, (iv) federal or state securities law
and public policy considerations relating to exculpation, indemnification or
contribution, (v) the qualification that enforceability may be limited by a
refusal to recognize a purported waiver of a statutory right, and (vi) general
rules of law that may render an entire agreement unenforceable if any
unenforceable provision thereof is essential to the agreed upon exchange.</p>


 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">2</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">C.&#160; We have assumed that each of the parties
(exclusive of the Trust) to each of the documents examined by us is an entity
that has been duly formed, is validly existing, and, if applicable, in good
standing under the laws of its respective jurisdiction of organization.&#160; We have also assumed the due authorization,
execution and delivery of each of the documents examined by us by each of the
parties (exclusive of the Trust) thereto, and the power and authority of such
parties.&#160; We have also assumed that the
documents examined by us do not result in the breach of the terms of, and do
not contravene, each party&#146;s (exclusive of the Trust to the extent set forth in
paragraph 4 above) constituent documents, any law, rule or regulation
applicable to it or any contractual restriction binding upon it.&#160; We have also assumed that each of the
documents examined by us does not require under any law, statute, rule or
regulation any filing with, or any approval or consent of, any governmental
authority.&#160; We have also assumed the
legal capacity of any natural persons who are signatories to the documents
examined by us.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">D.&#160; We have assumed that each document examined
by us constitutes the entire agreement among the parties thereto with respect
to the subject matter thereof.&#160; We have
also assumed that, except as expressly stated in paragraph 3 above, each
document examined by us constitutes a legal, valid and binding obligation of
each of the parties thereto, enforceable against each of such parties in
accordance with its terms.&#160; We have also
assumed that all conditions precedent set forth in the documents examined by us
have been satisfied.&#160; Without limiting
the generality of the foregoing, we have assumed that the Original Trust
Agreement as amended and restated by the Trust Agreement constitutes the entire
agreement among the parties thereto with respect to the subject matter thereof,
including, without limitation, with respect to the creation, operation and
termination of the Trust and that the Trust Agreement and the Trust&#146;s
certificate of trust are in full force and effect and have not been amended or
terminated.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">E.&#160; We express no opinion on or under the Uniform
Commercial Code (including as in effect in the State of Delaware) and the
extent to which any filings thereunder may be required in connection with the
transactions contemplated by the Trust Agreement.&#160; We express no opinion as to the creation,
attachment, perfection or priority of any security interest or other rights in
or title to any properties or other assets described in the Trust Agreement or
the documents contemplated thereby.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">F.&#160; The opinions rendered herein speak only as of
the date of this letter and we undertake no duty to advise you as to any change
in law or change in fact occurring after the delivery of this letter that could
affect any of the opinions rendered herein.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">G.&#160; We have not participated in the preparation
of the Current Report and assume no responsibility for its contents.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">No partner of
Dorsey &amp; Whitney (Delaware) LLP is a director, officer or Trustee of the
Trust.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-autospace:none;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">We
hereby consent to the use of this opinion in the Current Report.&#160; In giving such consent, we do not admit that
we come within the category of persons whose consent is</font></p>


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<p style="margin:0pt 0pt 12.0pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">required under Section 7 of
the Securities Act of 1933, as amended, or the rules and regulations of the
Securities and Exchange Commission promulgated thereunder.</font></p>

<p style="margin:24.0pt 0pt .0001pt 252.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Very truly yours,</font></p>

<p style="margin:24.0pt 0pt .0001pt 252.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Dorsey &amp; Whitney
(Delaware) LLP </font></p>


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<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Schedule A</font></u></p>

<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV Partners, LLC</font></p>

<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Wilmington Trust Company</font></p>

<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Bank of New York Trust Company, National
Association</font></p>

<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV Oil Trust</font></p>

<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">New York Stock Exchange,
Inc.</font></p>



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<p align="right" style="font-weight:bold;margin:0pt 0pt 12.0pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibit 10.1</font></b></p>

<p align="center" style="font-weight:bold;margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">CONVEYANCE OF NET PROFITS INTEREST</font></b></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">This
Conveyance of Net Profits Interest (this &#147;</font></b><i>Conveyance</i><font style="font-weight:normal;">&#148;) is made, as of
the date set forth on the signature page hereof, from MV Partners, LLC, a
Kansas limited liability company (successor by conversion to MV Partners, LP, a
Kansas limited partnership) to The Bank of New York Trust Company, N.A., with
offices at</font> <font style="font-weight:normal;">221 West Sixth Street, 1</font><font size="1" style="font-size:6.5pt;font-weight:normal;position:relative;top:-3.0pt;">st</font><font style="font-weight:normal;">&#160;Floor,
Austin, Texas 78701, Attention: Mike J. Ulrich, as trustee (the &#147;</font><font style="text-decoration:underline;"><i style="text-decoration:none;">Trustee</i></font><font style="font-weight:normal;">&#148;), acting not in its individual capacity but solely
as trustee of the MV Oil Trust (the &#147;</font><font style="text-decoration:underline;"><i style="text-decoration:none;">Trust</i></font><font style="font-weight:normal;">&#148;), pursuant to the Amended and Restated Trust
Agreement of the Trust, among MV Partners, LLC, as Trustor, The Bank of New
York Trust Company, N.A., as Trustee and Wilmington Trust Company, as Delaware
Trustee, a statutory trust created under the Delaware Statutory Trust Act as of
August 3, 2006 (such Trustee acting as trustee of the Trust, &#147;</font><i>Grantee</i><font style="font-weight:normal;">&#148;).&#160; Capitalized terms shall have the meaning set
forth in Article II below.</font></p>

<h1 align="center" style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE I<br>
GRANT OF NET PROFITS INTEREST</font></b></h1>

<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">For and in consideration of Ten and NO/100
Dollars ($10.00) and other good and valuable consideration (including the
issuance by Grantee to Grantor of 11,500,000 Trust Units) to Grantor paid by
Grantee, the receipt and sufficiency of which are hereby acknowledged by
Grantor, Grantor has bargained, sold, granted, conveyed, transferred, assigned,
set over, and delivered, and by these presents does hereby bargain, sell,
grant, convey, transfer, assign, set over, and deliver unto Grantee, its successors
and assigns, effective as of the Effective Time, (i)&nbsp;a net profits
interest (the &#147;<b><i style="font-weight:bold;">Net
Profits Interest</i></b>&#148;) in and to the Minerals in and under and
produced and saved from the Subject Interests during the Net Profits Period,
calculated in accordance with the provision of Article III below and payable
solely out of gross proceeds from the sale of the Subject Minerals produced and
saved through the Subject Wells, in an amount equal to the product of the
Proceeds Percentage times the Net Profits attributable to the Subject
Interests, all as more fully provided hereinbelow and (ii)&nbsp;without
duplication of the foregoing, an amount, payable by wire transfer of
immediately available funds on or before the fifth Business Day following the
first Quarterly Record Date, equal to the product of the Proceeds Percentage
times the Net Profits that would have been payable by Grantor to Grantee
pursuant to the terms of this Conveyance had Grantee been in existence and this
Conveyance been dated and in effect as of July 1, 2006 through, but excluding,
the Effective Time, <u>provided</u> that, in the event the amount payable by
Grantor pursuant to this clause (ii) cannot be definitively determined as of
the fifth Business Day following the first Quarterly Record Date, Grantor shall
pay Grantee, by wire transfer of immediately available funds on the such date,
an amount equal to Grantor&#146;s good faith estimate of the amount payable by
Grantor pursuant to this clause (ii), and Grantor and Grantee shall cooperate
to subsequently determine the final amount payable by Grantor to Grantee
pursuant to this clause (ii) and (a)&nbsp;if such final amount is more than the
amount estimated and paid by Grantor to Grantee on the fifth Business Day
following the first Quarterly Record Date, then Grantor shall pay the
difference between these two amounts to Grantee by wire transfer in immediately
available funds within 10 Business Days following the determination of such
amount or (b) if such final amount is less than the amount estimated and paid
by Grantor to Grantee on such date, then such overpayment shall be addressed in
the manner specified in Section&nbsp;3.4 hereof.</font></h2>


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<p style="font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">TO
HAVE AND TO HOLD the Net Profits Interest, together with all and singular the
rights and appurtenances thereto in anywise belonging, unto Grantee, its
successors and assigns, subject, however, to the following terms and
provisions, to-wit:</font></b></p>

<h1 align="center" style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE
II<br>
DEFINITIONS</font></b></h1>

<p style="font-weight:bold;margin:0pt 0pt 12.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">As used herein, the following terms
shall have the meaning ascribed to them below:</font></b></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Administrative Hedge Costs</i><font style="font-weight:normal;">&#148;
shall mean those costs paid by Grantor to counter-parties under the Existing
Hedges or to Persons that provide credit to maintain any Existing Hedge, (in
each case) after the Effective Time but excluding any Hedge Settlement Costs.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Affiliate</i><font style="font-weight:normal;">&#148; shall mean with
respect to a specified Person, any Person that directly or indirectly controls,
is controlled by, or is under common control with, the specified Person.&#160; As used in this definition, the term &#147;control&#148;
(and the correlative terms &#147;controlling,&#148; &#147;controlled by,&#148; and &#147;under common
control&#148;) shall mean the possession, directly or indirectly, of the power to
direct or cause the direction of the management and policies of a Person,
whether through ownership of voting securities, by contract or otherwise.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Assignment of Hedge Proceeds</i><font style="font-weight:normal;">&#148;
shall mean that certain Assignment of Hedge Proceeds of even date herewith
between Grantor and Grantee.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Average Annual Capital Expenditure Amount</i><font style="font-weight:normal;">&#148; shall mean the quotient of (a) the sum of (i) the
capital expenditures to be debited to the Net Profits Account and (ii) the
amounts debited to the Net Profits Account pursuant to Section 3.1(b)(xiii) for
approved capital expenditure projects, in each case attributable to the three
twelve-month periods ending on the Capital Expenditure Limitation Date, divided
by (b) three.&#160; Commencing on the Capital
Expenditure Limitation Date, and each anniversary of the Capital Expenditure
Limitation Date thereafter, the Average Annual Capital Expenditure Amount will
be increased by 2.5%.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>BOE</i><font style="font-weight:normal;">&#148; shall mean (a) for Oil
included in the Subject Minerals, one barrel, (b) for Gas Liquids included in
the Subject Minerals, 1.54 barrels, and (c) for Gas included in the Subject
Minerals, the amount of such hydrocarbons equal to one barrel, determined using
the ratio of six Mcf of Gas to one barrel of Oil.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Business Day</i><font style="font-weight:normal;">&#148; shall mean a
day on which any bank to or from which a payment authorized hereunder may be
made are not closed as authorized or required by law under the laws of the
State of Kansas.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">&#147;Capital Expenditure Limitation Date&#148; </font></i></b><font style="font-weight:normal;">shall mean the later to occur of (a) June 30, 2023
and (b) the last day of the Payment Period during which the total volumes of
the Subject Minerals produced, saved and sold from and after July 1, 2006
equals the volume of 13.239134 MMBOE.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">&#147;Contingent Debt Regulations&#148;</font></i></b><font style="font-weight:normal;"> shall have the meaning given such term in Section
8.9(b).</font></p>


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<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Code</i><font style="font-weight:normal;">&#148; shall mean the
Internal Revenue Code of 1986, as amended.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Conveyance</i><font style="font-weight:normal;">&#148; shall mean this
Conveyance of Net Profits Interest, as the same may be amended or modified from
time to time by one or more instruments executed by both Grantor and Grantee.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Debit Balance</i><font style="font-weight:normal;">&#148; shall have
the meaning given such term in Section 3.2(c).</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Effective Time</i><font style="font-weight:normal;">&#148; shall mean
7:00 a.m., local time, in effect where the Subject Interests are located, on
January 24, 2007.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Eligible Materials</i><font style="font-weight:normal;">&#148; shall
mean Materials for which amounts in respect of the cost of such Materials were
properly debited to the Net Profits Account.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Existing Hedges</i><font style="font-weight:normal;">&#148; shall mean
the Hedges entered into by Grantor with respect to the Subject Minerals<i></i>prior to the date hereof as more particularly described in
the Assignment of Hedge Proceeds.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Fair Value</i><font style="font-weight:normal;">&#148; shall mean,
with respect to any portion of the Net Profits Interest to be released pursuant
to Section 5.2 in connection with a sale or release of any Subject Interest, an
amount equal to the excess of (i) the proceeds which could reasonably be
expected to be obtained from the sale of such portion of the Net Profits
Interest to a party which is not an Affiliate of either Grantor or the Trust on
an arms&#146;-length negotiated basis, taking into account relevant market
conditions and factors existing at the time of any such proposed sale or
release, over (ii) Grantee&#146;s proportionate share of any sales costs,
commissions and brokerage fees.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Farmout Agreement</i><font style="font-weight:normal;">&#148; shall
mean any farmout agreement, participation agreement, exploration agreement,
development agreement or any similar agreement.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Gas</i><font style="font-weight:normal;">&#148; shall mean natural gas
and other gaseous hydrocarbons or minerals, including helium, but excluding any
Gas Liquids.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Gas Liquids</i><font style="font-weight:normal;">&#148; shall mean
those natural gas liquids and other liquid hydrocarbons, including ethane,
propane, butane and natural gasoline, and mixtures thereof, that are removed
from a Gas stream by the liquids extraction process of any field facility or
gas processing plant and delivered by the facility or plant as natural gas
liquids.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Grantee</i><font style="font-weight:normal;">&#148; shall mean Grantee
as defined in the first paragraph of this Conveyance, and its successors and
assigns; and, unless the context in which used shall otherwise require, such
term shall include any successor owner at the time in question of any or all of
the Net Profits Interest.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Grantor</i><font style="font-weight:normal;">&#148; shall mean MV
Partners, LLC and its successors and assigns; and, unless the context in which
used shall otherwise require, such term shall include any successor owner at
the time in question of any or all of the Subject Interests.</font></p>


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<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Hedge</i><font style="font-weight:normal;">&#148; shall mean any
commodity hedging transaction pertaining to Minerals, whether in the form of
(i) forward sales and options to acquire or dispose of a futures contract
solely on an organized commodities exchange, (ii) derivative agreements for a
swap, cap, collar or floor of the commodity price, or (iii) similar types of
financial transactions classified as &#147;notional principal contracts&#148; pursuant to
Treasury Regulation &#167; 1.989-1T(a)(2).</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Hedge Settlement Costs</i><font style="font-weight:normal;">&#148;
shall mean any and all payments required to be made by Grantor to the
counterparties in connection with the settlement or mark-to-market of trades
made under any Existing Hedge and all payments made by Grantor for any early
termination of any Existing Hedge.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Lease</i><font style="font-weight:normal;">&#148; shall mean (i) a
lease of one or more Minerals described in Exhibit A attached hereto as to all
lands and depths described in such lease (or the applicable part or portion
thereof if limited in depth and/or areal extent in Exhibit A) and any interest
therein and any leasehold interest in any other lease of Minerals derived from
the pooling or unitization of such lease (or portion thereof if limited on
Exhibit A) with other leases, together with any interest acquired or maintained
by Grantor in any and all extensions of such lease, (ii)&#160; any replacement lease taken upon or in
anticipation of termination of such lease (if executed and delivered during the
term of or within one year after the expiration of the predecessor lease), as
to all lands and depths described in the predecessor lease (unless the extended
or predecessor lease is specifically limited in depth or areal extent in
Exhibit A, in which event only the corresponding portion of such lease shall be
considered a renewal or extension or a replacement lease subject to this
Conveyance), and (iii) any other Mineral leasehold, royalty, overriding royalty
or Mineral fee interest described in Exhibit A attached hereto; and &#147;Leases&#148; shall
mean all such leases and all such renewal and extensions and replacement
leases.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>LLC Agreement</i><font style="font-weight:normal;">&#148; shall have
the meaning given such term in Section 3.1(b)(i).</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Manufacturing Costs</i><font style="font-weight:normal;">&#148; shall
mean the costs of Processing that generate Manufacturing Proceeds received by
Grantor.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Manufacturing Proceeds</i><font style="font-weight:normal;">&#148;
shall mean the excess, if any, of (i) proceeds received by Grantor from the
sale of Subject Minerals that are the result of any Processing over (ii) the
part of such proceeds that represents the Market Value of such Subject Minerals
before any Processing.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Market Value</i><font style="font-weight:normal;">&#148; of any
Subject Minerals shall mean:</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>With respect to Oil and
Gas Liquids, (i) the highest price available to Grantor for such Oil and Gas
Liquids at the Lease on the date of delivery pursuant to a bona fide offer,
posted price or other generally available marketing arrangement from or with a
non-Affiliate purchaser, or (ii) if no such offer, posted price or arrangement
is available, the fair market value of such Oil and/or Gas Liquids, on the date
of delivery at the Lease, determined in accordance with generally accepted and
usual industry practices;</p>


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<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">(b)</font></b><font size="1" style="font-size:8.5pt;font-weight:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-weight:normal;">With respect to Gas, (i) the price specified in any Production Sales
Contract for the sale of such Gas or (ii) if such Gas cannot be sold pursuant
to a Production Sales Contract, (A) the average of the three highest prices
(adjusted for all material differences in quality) being paid at the time of
production for Gas produced from the same field in sales between non-affiliated
Persons (or, if there are not three such prices within such field, within a
50-mile radius of such field) but, for any Gas subject to price restrictions
established, prescribed or otherwise imposed by any governmental authority
having jurisdiction over the sale of such gas, no more than the highest price
permitted for such category or type of gas after all applicable adjustments
(including without limitation tax reimbursement, dehydration, compression and
gathering allowances, inflation and other permitted escalations), or (B) if
subsection (b)(ii)(A) above is not applicable, the fair market value of such
Gas, on the date of delivery, at the Lease, determined in accordance with
generally accepted and usual industry practices.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Materials</i><font style="font-weight:normal;">&#148; shall mean
materials, supplies, equipment and other personal property or fixtures located
on or used in connection with the Subject Interests.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Mcf</i><font style="font-weight:normal;">&#148; shall mean one
thousand cubic feet.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Minerals</i><font style="font-weight:normal;">&#148; shall mean Oil,
Gas and Gas Liquids.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>MMBOE</i><font style="font-weight:normal;">&#148; shall mean one
million BOE.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Net Profits</i><font style="font-weight:normal;">&#148; shall have the
meaning given such term in Section 3.2(b).</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Net Profits Account</i><font style="font-weight:normal;">&#148; shall
mean the account maintained in accordance with the provisions of Section 3.1.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Net Profits Interest</i><font style="font-weight:normal;">&#148; shall
have the meaning given such term in Article I.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Net Profits Period</i><font style="font-weight:normal;">&#148; shall mean
the period from and after the Effective Time until and including the
Termination Date.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Oil</i><font style="font-weight:normal;">&#148; shall mean crude oil,
condensate and other liquid hydrocarbons recovered by field equipment or
facilities, excluding Gas Liquids.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Payment Period</i><font style="font-weight:normal;">&#148; shall mean a
calendar quarter, <u>provided</u> that the first Payment Period shall mean the
period from and after the Effective Time until December 31, 2006, and the last
Payment Period shall mean any portion of the calendar quarter during which the
Termination Date occurs from the beginning of such calendar quarter until and
including the Termination Date.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Permitted Encumbrances</i><font style="font-weight:normal;">&#148;
shall mean the following whether now existing or hereinafter created but only
insofar as they cover, describe or relate to the Subject Interests or the lands
described in any Lease:</font></p>


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<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">(a)</font></b><font size="1" style="font-size:8.5pt;font-weight:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-weight:normal;">the terms, conditions, restrictions, exceptions, reservations,
limitations and other matters contained in the agreements, instruments and
documents that create or reserve to Grantor its interests in any of the Leases,
including any Prior Reversionary Interest;</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">(b)</font></b><font size="1" style="font-size:8.5pt;font-weight:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-weight:normal;">any (i) undetermined or inchoate liens or charges constituting or
securing the payment of expenses that were incurred incidental to maintenance,
development, production or operation of the Leases or for the purpose of
developing, producing or processing Minerals therefrom or therein, and (ii)
materialman&#146;s, mechanics&#146;, repairman&#146;s, employees&#146;, contractors&#146;, operators&#146; or
other similar liens or charges for liquidated amounts arising in the ordinary
course of business that Grantor has agreed to pay or is contesting in good
faith in the ordinary course of business;</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">(c)</font></b><font size="1" style="font-size:8.5pt;font-weight:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-weight:normal;">any liens for taxes and assessments not yet delinquent or, if
delinquent, that are being contested in good faith in the ordinary course of
business;</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">(d)</font></b><font size="1" style="font-size:8.5pt;font-weight:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-weight:normal;">any liens or security interests created by law or reserved in any Lease
for the payment of royalty, bonus or rental, or created to secure compliance
with the terms of the agreements, instruments and documents that create or
reserve to Grantor its interests in the Leases;</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">(e)</font></b><font size="1" style="font-size:8.5pt;font-weight:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-weight:normal;">any obligations or duties affecting the Leases to any municipality or
public authority with respect to any franchise, grant, license or permit, and
all applicable laws, rules, regulations and orders of any governmental authority;</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(f)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>any (i) easements,
rights-of-way, servitudes, permits, surface leases and other rights in respect
of surface operations, pipelines, grazing, hunting, lodging, canals, ditches,
reservoirs or the like, and (ii) easements for streets, alleys, highways,
pipelines, telephone lines, power lines, railways and other similar
rights-of-way, on, over or in respect of the lands described in the Leases, <u>provided</u>
that, in the case of clauses (i) and (ii), such easements, rights-of-way,
servitudes, permits, surface leases and other rights do not materially impair
the value of the Net Profits Interest;</p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">(g)</font></b><font size="1" style="font-size:8.5pt;font-weight:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-weight:normal;">all lessors&#146; royalties, overriding royalties, net profits interests,
carried interests, production payments, reversionary interests and other
burdens on or deductions from the proceeds of production created or in
existence as of the Effective Time;</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">(h)</font></b><font size="1" style="font-size:8.5pt;font-weight:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-weight:normal;">preferential rights to purchase or similar agreements and required
third party consents to assignments or similar agreements;</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">(i)</font></b><font size="1" style="font-size:8.5pt;font-weight:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-weight:normal;">all rights to consent by, required notices to,
filings with, or other actions by any governmental authority in connection with
the sale or conveyance of the Leases or interests therein;</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">(j)</font></b><font size="1" style="font-size:8.5pt;font-weight:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-weight:normal;">production sales contracts; division orders;
contracts for sale, purchase, exchange, refining or processing of Minerals;
unitization and pooling designations, declarations, orders and agreements;
operating agreements; agreements for development; area of mutual interest
agreements; gas balancing or deferred production agreements; processing
agreements;</font></p>


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<p style="font-weight:bold;margin:0pt 0pt 12.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">plant agreements; pipeline,
gathering and transportation agreements; injection, repressuring and recycling
agreements; salt water or other disposal agreements; seismic or geophysical
permits or agreements; and any and all other agreements entered into by Grantor
or its Affiliates in connection with the exploration or development of the
Leases or the extraction, processing or marketing of production therefrom or to
which any of the Leases were subject when acquired by Grantor or its
Affiliates;&#160; and</font></b></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">(k)</font></b><font size="1" style="font-size:8.5pt;font-weight:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-weight:normal;">conventional rights of reassignment upon release or abandonment of
property.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Person</i><font style="font-weight:normal;">&#148; shall mean any
individual, partnership, limited liability company, corporation, trust,
unincorporated association, governmental agency, subdivision, or
instrumentality, or other entity or association.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Possible Refundable Amounts</i><font style="font-weight:normal;">&#148;
shall have the meaning set forth in Section 3.1(a)(v).</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Prime Interest Rate</i><font style="font-weight:normal;">&#148; shall
mean the lesser of (a) the rate of interest per annum publicly announced from
time to time by JPMorgan Chase Bank, N.A. as its &#147;prime rate&#148; in effect at its
principal office in New York City (each change in the prime rate to be
effective on the date such change is publicly announced), with the
understanding that such bank&#146;s &#147;prime rate&#148; may be one of several base rates,
may serve as a basis upon which effective rates are from time to time
calculated for loans making reference thereto, and may not be the lowest of
such bank&#146;s base rates or (b) the maximum rate of interest permitted under
applicable law.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Prior Reversionary Interest</i><font style="font-weight:normal;">&#148;
shall mean any contract, agreement, Farmout Agreement, lease, deed, conveyance
or operating agreement that exists as of the Effective Time or that burdened
the Subject Interests at the time such Subject Interests were acquired by
Grantor, that by the terms thereof requires a Person to convey a part of the
Subject Interests to another Person or to permanently cease production of any
Subject Well, including obligations arising pursuant to any operating
agreements, Leases, coal leases, and other similar agreements or instruments
affecting the Subject Interests.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Proceeds Percentage</i><font style="font-weight:normal;">&#148; shall
mean eighty percent (80%).</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b><i style="font-weight:bold;">Processing</i></b>&#148; or &#147;<b><i style="font-weight:bold;">Processed</i></b>&#148;
shall mean to manufacture, fractionate or refine Subject Minerals, but such
terms do not mean or include activities involving the use of normal lease or
well equipment (such as dehydrators, gas treating facilities, mechanical
separators, heater-treaters, lease compression facilities, injection or
recycling equipment, tank batteries, field gathering systems, pipelines and
equipment and so forth) to treat or condition Minerals or other normal
operations on any of the Subject Interests.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Production Sales Contracts</i><font style="font-weight:normal;">&#148;
shall mean all contracts, agreements and arrangements for the sale or
disposition of Minerals.</font></p>


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<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Quarterly Record Date</i><font style="font-weight:normal;">&#148;
shall mean the 15</font><font size="1" style="font-size:6.5pt;font-weight:normal;position:relative;top:-3.0pt;">th</font><font style="font-weight:normal;">&#160;day (or the
next Business Day, if the 15</font><font size="1" style="font-size:6.5pt;font-weight:normal;position:relative;top:-3.0pt;">th</font><font style="font-weight:normal;">&#160;day is not a Business Day) of the first month
following the close of each Payment Period.&#160;
The first Quarterly Record Date shall be February 15, 2007.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<i>Related Party</i>&#148; </font></b><font style="font-weight:normal;">shall mean either Vess Oil Corporation or Murfin
Drilling Company, Inc., as the case may be.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">&#147;Reserve Account&#148;</font></i></b><font style="font-weight:normal;"> shall mean an account to be maintained by Grantor
pursuant to Section 3.1; <u>provided</u> that the balance in such account at
any time shall not exceed $1,000,000, and <u>provided</u> further that amounts
held in such account shall be expended by Grantor only with respect to the
exploration, development, maintenance or operation of the Subject Interests and
related activities.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Subject Interests</i><font style="font-weight:normal;">&#148; shall
mean each kind and character of right, title, claim, or interest (collectively
the &#147;rights&#148;), that Grantor has or owns in the Leases whether such right be
under or by virtue of a lease, a unitization or pooling order, an operating
agreement, a division order, or a transfer order or be under or by virtue of
any other type of claim or title, legal or equitable, recorded or unrecorded,
all as such rights shall be (a) enlarged or diminished by virtue of the
provisions of Section 4.2, and (b) enlarged by the discharge of any payments
out of production or by the removal of any charges or encumbrances to which any
of such rights are subject on the Effective Time (<u>provided</u> that such
removal is pursuant to the express terms of the instrument that created such
charge or encumbrance) and any and all renewals and extensions of the right
occurring within one year after the expiration of such rights.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Subject Minerals</i><font style="font-weight:normal;">&#148; shall
mean all Minerals in and under and that may be produced, saved, and sold from,
and are attributable to, the Subject Interests from and after the Effective
Time, after deducting the appropriate share of all royalties and any overriding
royalties, production payments and other similar charges (except the Net
Profits Interest) burdening the Subject Interests at the Effective Time, <u>provided</u>
that, (a) there shall not be included in the Subject Minerals (i) any Minerals
attributable to non-consent operations conducted with respect to the Subject
Interests (or any portion thereof) as to which Grantor shall be a
non-consenting party as of the Effective Time that are dedicated to the
recoupment or reimbursement of costs and expenses of the consenting party or
parties by the terms of the relevant operating agreement, unit agreement,
contract for development, or other instrument providing for such non-consent
operations (including any interest, penalty or other amounts related thereto),
or (ii)&nbsp;any Minerals unavoidably lost in production or used by Grantor for
production operations (including without limitation, fuel, secondary or tertiary
recovery) conducted solely for the purpose of producing Subject Minerals from
the Subject Interests and (b) there shall be included in the Subject Minerals
any Minerals attributable to non-consent operations conducted with respect to
the Subject Interests (or any portion thereof) as to which Grantor shall be a
non-consenting party as of the Effective Time that are produced, saved, and
sold from, and are attributable to the Subject Interests after the Effective
Time from and after the recoupment or reimbursement of costs and expenses
(including any interest, penalty or other amounts related thereto) of the
consenting party or parties by the terms of the relevant operating agreement,
unit agreement, contract agreement, contract development, or other instruments
providing for such non-consent operations.</font></p>


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<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Subject Well</i><font style="font-weight:normal;">&#148; shall mean
each well on the Subject Interests in respect of which Grantor owns any
interest or is entitled to any of the Minerals production or the proceeds
therefrom (whether directly or indirectly by virtue of the effect of any
farmout or farmin provisions or other provisions).</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Termination Date</i><font style="font-weight:normal;">&#148; shall
mean the later of (a) June 30, 2026 and (b) the day on which the total volume
of the Subject Minerals (including any Subject Minerals produced from the
Subject Interests Transferred by Grantor pursuant to Section 5.1 hereof)
produced, saved and sold from and after July 1, 2006 equals a volume of (i)
14.393950 MMBOE less (ii) the aggregate volume of proved reserves attributable
to the Subject Interests that are Transferred by Grantor pursuant to Section
5.2 hereof (with the volume of proved reserves attributable to any individual
Subject Interest so Transferred determined solely by reference to the quantity
of reserves attributable to such Subject Interest that are expected to be
produced during the term of the Net Profits Interest in the most recent reserve
report prepared by an independent reserve engineer in accordance with the
methodology specified in the rules and regulations of the Securities and
Exchange Commission, <u>provided</u> that, in the event an independent reserve
engineer has not prepared a reserve report satisfying the foregoing
requirements within 12 months prior to the date of the Transfer of such Subject
Interest, no volume of proved reserves for much Subject Interest shall be
included in such aggregate volume pursuant to this clause (ii)).</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Third Party</i><font style="font-weight:normal;">&#148; shall mean any
Person other than Grantor, Grantee or the Trust.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Transfer</i><font style="font-weight:normal;">&#148; including its
syntactical variants, shall mean any assignment, sale, transfer, conveyance, or
disposition of any property; <u>provided</u>, Transfer as used herein does not
include the granting of a security interest in Grantor&#146;s interest in any
property, including the Subject Interests or the Subject Minerals.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">&#147;</font></b><i>Trust Units</i><font style="font-weight:normal;">&#148; shall have the
meaning ascribed to such term in the Amended and Restated Trust Agreement of MV
Oil Trust, dated of even date herewith, by and among Grantor, Grantee and
Wilmington Trust Company.</font></p>

<h1 align="center" style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE
III<br>
ESTABLISHMENT OF NET PROFITS ACCOUNT</font></b></h1>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Net
Profits Account and Reserve Account</u></b>.&#160; Grantor shall establish and maintain true and
correct books and records in order to determine the credits and debits to a Net
Profits Account and a Reserve Account to be maintained by Grantor at all times
during the Net Profits Period, in accordance with the terms of this Conveyance
and prudent and accepted accounting practices. For purposes of this Section
3.1:</h2>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Net Profits Account shall be credited
with an amount equal to the sum, from and after the Effective Time with respect
to each Payment Period, of the gross proceeds (determined before calculating
the Net Profits) received by Grantor from the sale of all Subject Minerals; <u>provided</u>,
however, that:</h3>


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<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>gross
proceeds shall include all consideration received, directly or indirectly, for
Transfers of Subject Minerals as, if and when produced, including without
limitation (but subject to Section 3.1(a)(v)) advance payments and payments
under take-or-pay and similar provisions of Production Sales Contracts;</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ii)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>if
any proceeds are withheld from Grantor for any reason (other than at the
request of Grantor), such proceeds shall not be considered to be gross proceeds
until such proceeds are actually received by Grantor;</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iii)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>if
Grantor becomes an underproduced party under any Gas balancing or similar
arrangement affecting the Subject Interests, then the Net Profits Account shall
not be credited with any amounts for any Gas attributable to the Subject
Interests that is deemed to be stored for Grantor&#146;s account under the terms of
such Gas balancing arrangement, and if Grantor becomes an overproduced party
under any Gas balancing or similar arrangement affecting the Subject Interests,
then the Net Profits Account shall not be credited with any amount for any Gas
taken by an underproduced party as &#147;make-up&#148; Gas that would otherwise be
attributable to the Subject Interests.&#160;
The Net Profits Account shall be credited with amounts received by
Grantor (1) for any &#147;make up&#148; Gas taken by Grantor as a result of its position
as an underproduced party under any Gas balancing or similar arrangement
affecting the Subject Interests, (2) as a balancing of accounts under a Gas
balancing or other similar arrangement affecting the Subject Interests either
as an interim balancing or at the depletion of the reservoir, and (3) for any
Gas taken by Grantor attributable to the Subject Interests in excess of its
entitlement share of such Gas;</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iv)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>if
Grantor shall be a party as to any non-consent operations conducted with
respect to all or any of the Subject Interests from and after the Effective
Time, all gross proceeds to be credited to the Net Profits Account with respect
thereto shall be governed by Section 4.3;</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(v)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>if
a controversy or possible controversy exists (whether by reason of any statute,
order, decree, rule, regulation, contract, or otherwise) as to the correct or
lawful sales price of any Subject Minerals, or if any amounts received or to be
received by Grantor as &#147;take-or-pay&#148; or &#147;ratable take&#148; payments are subject to
refund to any purchasers of Subject Minerals (in each case, such amounts
together with any other gross proceeds withheld from, or repayable by, Grantor,
&#147;<b><i style="font-weight:bold;">Possible Refundable Amounts</i></b>&#148;),
then:</h4>

<h5 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 108.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(A)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>amounts
withheld by such purchaser or deposited by it with an escrow agent shall not be
considered to have been received by Grantor and shall not be credited to the
Net Profits Account until actually collected by Grantor; <u>provided</u>,
however, that the Net Profits Account shall not be credited with any interest,
penalty, or other amount that is not derived from the sale of Subject Minerals;
and</h5>


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<h5 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 108.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(B)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>amounts
received or to be received by Grantor and promptly deposited or to be deposited
by it with a non-Affiliate escrow agent, to be placed in interest bearing
accounts under usual and customary terms, shall not be considered to have been
received by Grantor and shall not be credited to the Net Profits Account until
actually disbursed to Grantor by such escrow agent; <u>provided</u>, however,
that the Net Profits Account shall not be credited with any interest, penalty,
or other amount that is not derived from the sale of Subject Minerals;</h5>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(vi)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>gross
proceeds shall not include any amount received by Grantor in respect of any
production of Subject Minerals prior to the Effective Time;</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(vii)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the
Net Profits Account shall not be credited with any amount that Grantor shall
receive for any sale or other disposition of any of the Subject Interests or in
connection with any adjustment of any well and leasehold equipment upon
unitization of any of the Subject Interests;</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(viii)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>gross
proceeds shall not include any Manufacturing Proceeds or other amounts that are
reductions of debits to the Net Profits Account under the proviso of Section
3.1(b);</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ix)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>in
the event that Subject Minerals are Processed prior to sale, gross proceeds
shall include only the Market Value of such Subject Minerals before any such
Processing;</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(x)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the
amount of gross proceeds credited to the Net Profits Account during any Payment
Period shall be reduced by (1) the aggregate Hedge Settlement Costs paid by
Grantor with respect to such Payment Period and (2) overpayments pursuant to
Section 3.4;</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(xi)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>gross
proceeds shall not include any amount to which Grantor is entitled by virtue of
a judgment of a court of competent jurisdiction resolving a dispute hereunder
between Grantee and Grantor in favor of Grantor, or any amount paid to Grantor
in settlement of such dispute; and</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(xii)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>gross
proceeds shall not include any additional proceeds from the sale of Minerals
related to any Subject Well with respect to which Grantor elects to be a
participating party (whether pursuant to an operating agreement or other
agreement or arrangement, including without limitation, non-consent rights and
obligations imposed by statute or regulatory agency) with respect to any
operation with respect to such Subject Well where another party or parties have
elected not to participate in such operation (or have elected to abandon such
Subject Well) and Grantor elects to pay the costs of such nonparticipating or
abandoning party and as a result of which Grantor becomes entitled to receive,
either temporarily (i.e., through a period of recoupment) or permanently any
additional proceeds from the sale of Minerals related to such Subject Well.</h4>


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<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>The Net Profits Account shall be debited
with an amount equal to the sum of the following (excluding in all events
Manufacturing Costs and Hedge Settlement Costs), to the extent that the same
are properly allocable to the Subject Interests (and any related equipment or
property used in connection therewith) and the production and (subject to
Section 4.5) marketing of Subject Minerals therefrom and have been incurred or
accrued (as described below) by Grantor from and after the Effective Time and
attributable to periods ending on or before the Termination Date:</h3>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>all
direct costs (including capital costs) paid by Grantor (A) for all direct labor
(including fringe benefits) and other services necessary for exploring,
developing, operating, producing, reworking and maintaining the Subject
Interests, (B) for dehydration, compression, separation and transportation of
the Subject Minerals, and (C) for all Materials purchased for use on, or in
connection with, any of the Subject Interests (including without limitation (1)
all amounts charged Grantor for conformance of investment if the Subject
Interests or any part or parts thereof are hereafter from time to time unitized
or if any participating area in a federal divided-type unit is changed, (2) the
costs of any seismic (including 3-D seismic surveys), geological or geophysical
operations relating to the search for Subject Minerals, (3) the costs of
drilling, completing, testing, equipping, plugging back, reworking,
recompleting and plugging and abandoning any well on the Subject Interests,
whether or not such well is a producer or is abandoned as a dry hole or junked,
(4) the cost of constructing gathering facilities, tanks and other production
and delivery facilities on the Subject Interests, and (5) the cost of secondary
recovery, pressure maintenance, repressuring, recycling and other operations
conducted for the purpose of enhancing production); <u>provided</u>, however,
that the debits made to the Net Profits Account pursuant to this subsection
(and, to the extent applicable, pursuant to the other applicable provisions of
this Conveyance) with respect to any Subject Interest shall be made on the same
basis as such costs are charged under the operating agreement (if any)
applicable to such Subject Interest at the time the transaction giving rise to
such debit occurred, except that (I) in the case where Grantor, a Related Party
or one of Grantor&#146;s Affiliates acts as operator of any Subject Interest, the
costs (including overhead charges) debited to the Net Profits Account with
respect to such Subject Interest shall not exceed the charges determined in
accordance with the applicable provisions of the First Amended and Restated
Operating Agreement of MV Partners LLC dated September 1, 2006 between MV
Energy, LLC and VAP-1, LLC, as currently in effect (the &#147;<b><i style="font-weight:bold;">LLC Agreement</i></b>&#148;); and (II) in
the event a Subject Interest is operated at such time by a non-Affiliate of
Grantor but is not subject to an operating agreement, such debit shall be made
on the same basis as Grantor is charged by such non-Affiliate of Grantor; <u>provided</u>,
<u>further</u>, if Grantor elects to pay the costs of a nonconsenting party or
nonparticipating party with respect to which the Net Profits Account is not
credited pursuant to Section 3.1(a), Grantor shall be solely responsible for
such costs;</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ii)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>all
costs (including without limitation outside legal, accounting and engineering
services) attributable to the Subject Interests of (A) handling, investigating
and/or settling litigation, administrative proceedings and claims (including
without</h4>


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<h4 style="font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">limitation
lien claims other than liens for borrowed funds) and (B) payment of judgments,
penalties and other liabilities (including interest thereon), paid by Grantor
(and not reimbursed under insurance maintained by Grantor or others) and
involving any of the Subject Interests, or incident to the development,
operation or maintenance of the Subject Interests, or requiring the payment or
restitution of any proceeds of Subject Minerals, or arising from tax or royalty
audits, except that there shall not be debited to the Net Profits Account any
expenses incurred by Grantor in litigation of any claim or dispute arising
hereunder between Grantor and Grantee or amounts paid by Grantor to Grantee
pursuant to a final order entered by a court of competent jurisdiction
resolving any such claim or dispute or amounts paid by Grantor to Grantee in
connection with the settlement of any such claim or dispute;</font></h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iii)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>all
taxes (except federal and state income, transfer, mortgage, inheritance,
estate, franchise and like taxes) incurred, accrued or paid by Grantor with
respect to the ownership of the Subject Interests or the extraction of the
Subject Minerals, including without limitation production, severance, and/or
excise and other similar taxes assessed against, and/or measured by, the
production of (or the proceeds or value of production of) Subject Minerals,
occupation taxes, sales and use taxes, and ad valorem taxes assessed against or
attributable to the Subject Interests or any equipment used in connection with
production from any of the Subject Interests and any extraordinary or windfall
profits taxes that may be assessed in the future based upon profits realized or
prices received from the sale of Subject Minerals; <u>provided</u>, however,
that if Grantee is assessed any of such taxes individually and Grantee pays
such taxes, then the taxes which Grantee is assessed individually and has paid
shall not be debited to the Net Profits Account;</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iv)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>insurance
premiums attributable to the ownership or operation of the Subject Interests
paid by Grantor for insurance actually carried for periods after the Effective
Time with respect to the Subject Interests, or any equipment located on any of
the Subject Interests, or incident to the development, operation or maintenance
of the Subject Interests, it being recognized that where the coverage is
general in nature, or relates to a group of properties (or more than one
interest in the same property), only that portion which is reasonably allocated
to the Subject Interests shall be debited hereunder;</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(v)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>all
amounts paid by Grantor attributable to the Subject Interests and consisting of
(A) rent and other consideration paid for the use or damage to the surface, (B)
delay rentals, shut-in well payments, minimum royalties and similar payments paid
pursuant to the provisions of agreements in force and effect before the
Effective Time and (C) fees for renewals or extensions of the Leases included
in the Subject Interests;</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(vi)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>amounts
attributable to the Subject Interests and charged by the relevant operator
(including those amounts charged to Grantor by any Related Party) as overhead
charges specified in applicable operating agreements or other arrangements now</h4>


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<h4 style="font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">or hereafter
covering the Subject Interests or Grantor&#146;s operations with respect thereto
(subject to the first proviso in Section 3.1(b)(i));</font></h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(vii)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>if
as a result of the occurrence of the bankruptcy or insolvency or similar
occurrence of the purchaser of Subject Minerals any amounts previously credited
to the Net Profits Account are reclaimed from Grantor or its representative,
then the amounts reclaimed as promptly as practicable following Grantor&#146;s
payment thereof;</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(viii)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>if
Grantor shall be a party as to any non-consent operations conducted with
respect to all or any of the Subject Interests, all costs related to such
non-consent operations to be debited to the Net Profits Account with respect
thereto shall be governed by Section 4.3;</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ix)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the
costs paid by Grantor in connection with the exercise of its rights pursuant to
Section 4.6;</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(x)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>all
costs paid by Grantor for recording this Conveyance;</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(xi)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>all
Administrative Hedge Costs paid by Grantor;</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(xii)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>without
duplication of the costs described in (ix) above, all other direct costs paid
by Grantor for the necessary or proper drilling, completion, hook up,
production, operation, reworking, recompleting and maintenance of the Subject
Wells and Subject Interests, and the plugging and abandoning of any unplugged
Subject Wells located on the Subject Interests, abandoning of any facilities
used in connection with the Subject Interests and, where applicable, restoring
of the surface of the Subject Interests;</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(xiii)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>any
Debit Balance carried forward pursuant to Section 3.2(c); and</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(xiv)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the
amount of any increase in the Reserve Account related to projected costs of
scheduled future capital expenditure projects, including well drilling,
recompletion and workover costs that have been approved by Grantor in writing;</h4>

<p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">provided</font></u> that the costs referred to
in this Section 3.1(b) shall be reduced by the following amounts received by
Grantor from and after the Effective Time: (A) any amounts received by Grantor
as delay rentals, bonus, royalty or other similar payments in connection with
any Farmout Agreement or for dry hole, bottom hole or other similar contributions
related to the Subject Interests or otherwise, (B) upon salvage or other
disposition, the applicable actual salvage value (as determined in accordance
with the applicable operating agreement then in effect and binding upon
Grantor) of any Eligible Materials, less, in each instance the actual costs of
salvage or other disposition, (C) any cash payments received by Grantor as a
result of any pooling or unitization of the Subject Interests if the costs
giving rise to such payments were charged to the Net Profits Account, directly
or indirectly, (D) any insurance proceeds received by Grantor in respect of the
Subject Interests, Subject Minerals or Eligible Materials if the cost of such
insurance was charged to the Net Profits Account, directly or indirectly, (E)
any amounts received by Grantor from third parties as rental or use fees for
Eligible Materials, (F) the gross</p>


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<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">proceeds of any judgments or claims received by
Grantor for damages occurring on or after the Effective Time to the Subject
Interests (or any part thereof or interest therein) or any Materials (or any
part thereof or interest therein) used in connection with the operation of the
Subject Interests or any Subject Minerals, (G) any proceeds from the sale of
Eligible Materials, (H) any payments made to Grantor in connection with the
drilling or deferring of drilling of any Subject Well, (I) if, from and after
the Effective Time, any Subject Minerals shall be Processed before sale, the
excess, if any, of the Manufacturing Proceeds arising therefrom over the
Manufacturing Costs of such Processing, (J) any interest, penalty or other
amount not derived from the sale of the Subject Minerals that is paid to
Grantor by the purchaser of production or escrow agent in connection with
Possible Refundable Amounts withheld or deposited with an escrow agent, and (K)
any amounts in the Reserve Account that are used to pay for any costs specified
in clauses (i) through (xii) of this Section 3.1(b) (which amounts so used
shall reduce the amount of the Reserve Account); and <u>provided</u> further
that (1) during each 12-month period beginning on the Capital Expenditure
Limitation Date, the sum of (x) the capital expenditures to be debited to the
Net Profits Account and (y) the amounts debited to the Net Profits Accounts pursuant
to Section 3.1(b)(xiii) may not exceed the Average Annual Capital Expenditure
Amount, and (2) any amounts in the Reserve Account referred to in Section
3.1(b)(xiii) immediately preceding the Termination Date shall be credited to
Net Profits Account as of the Termination Date.</font></p>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Notwithstanding anything herein to the
contrary, the amounts debited to the Net Profits Account shall not include any
of the following: (A) any amount that has also been used to reduce or offset
the amount of the Subject Minerals (or proceeds of production thereof) or has
otherwise not been included therein (including, by way of example and without
limitation, proceeds attributable to royalties, overriding royalties,
production payments and other charges burdening the Subject Interests at the
Effective Time); (B) any overriding royalty, production payment or other charge
burdening the Subject Interests which was created by Grantor after the
Effective Date; (C) any general, administrative or overhead costs paid or
incurred by Grantor or its Affiliates, except for those permitted under <u>Section
3.1(b)(vi)</u>; (D) any amounts paid by Grantor (initial or a successor) to
such Grantor&#146;s predecessor in interest with respect to part or all of the
Subject Interests (including without limitation any purchase price or other
consideration paid by Grantor to such predecessor in interest to acquire all or
part of the Subject Interests); and (E) any interest, premiums, fees or similar
charges arising out of borrowings or purchases of any goods, equipment or other
items on credit, whether or not used on or otherwise related to the Subject
Interests.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Nothing set forth in this Section 3.1 shall
be interpreted or applied in any manner that shall ever require or permit any
duplication of all or any part of any credit or debit (or reduction thereto) to
the Net Profits Account with respect to the same transaction, item of expense
or charge, under this Conveyance, or that shall ever require or permit any
inclusion of any charge to the Net Profits Account that is reimbursed to
Grantor by any Person.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b>GRANTEE,
BY ITS ACCEPTANCE OF THE NET PROFITS INTEREST, CLEARLY AND UNEQUIVOCALLY
EXPRESSES ITS INTENT THAT THE DEBITS TO THE NET PROFITS ACCOUNT CONTAINED IN
SECTION 3.2(b) SHALL BE APPLICABLE REGARDLESS OF WHETHER OR NOT THE LOSSES,
COSTS, EXPENSES AND DAMAGES THAT MAY BE DEBITED IN ACCORDANCE WITH SUCH SECTION
AROSE SOLELY OR IN PART FROM THE ACTIVE, PASSIVE OR</b></h3>


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<h3 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CONCURRENT NEGLIGENCE, STRICT LIABILITY OR
OTHER FAULT OF GRANTOR OR ANY OF ITS AFFILIATES, OTHER THAN THE GROSS
NEGLIGENCE OR WILLFUL MISCONDUCT OF GRANTOR OR ANY OF ITS AFFILIATES, EXCEPT TO
THE EXTENT THAT ANY SUCH LOSSES, COSTS, EXPENSES OR DAMAGES RESULT, DIRECTLY OR
INDIRECTLY, FROM ANY BREACH OR NONCOMPLIANCE WITH THE OPERATIONS STANDARD SET
FORTH IN SECTION 4.1 HEREOF, AND NOTHING CONTAINED HEREIN OR ELSEWHERE IN THIS
CONVEYANCE SHALL BE CONSTRUED AS A WAIVER OR RELEASE OF GRANTOR FROM ANY CLAIM,
ACTION OR LIABILITY ARISING UNDER SECTION 4.1 HEREOF.</font></b></h3>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.2</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Accounting</u></b>.</h2>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>At the end of each Payment Period, a
calculation of net profits shall then be made by Grantor by deducting (i) the
total debits (and reductions thereof) properly made to the Net Profits Account
during such Payment Period pursuant to Section 3.1(b) from (ii) the total credits
properly made to such Net Profits Account during such Payment Period pursuant
to Section&nbsp;3.1(a).</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>If the computation made in accordance with
Section 3.1(a) results in a positive amount with respect to a Payment Period
(the &#147;<b><i style="font-weight:bold;">Net Profits</i></b>&#148;),
then (i) that positive amount shall be subtracted from the balance of the Net
Profits Account to cause the Net Profits Account to have a zero balance
immediately following the end of such Payment Period, (ii) that positive amount
shall be multiplied by the Proceeds Percentage to determine the Net Profits
Interest and (iii) the resulting product from the calculations in (ii) above
shall be payable to Grantee as specified in Section 3.3.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>If the computation made in accordance with
Section 3.2(a) results in a negative amount with respect to a Payment Period,
the negative sum shall be deemed the &#147;<b><i style="font-weight:bold;">Debit
Balance</i></b>.&#148;&#160; Any Debit
Balance shall be carried forward as a debit to the Net Profits Account for the
following Payment Period.&#160; If there is a
Debit Balance at the end of any Payment Period, no payments shall be made to
Grantee in respect of the Net Profits Interest nor shall Grantee ever be liable
to make any payment to Grantor in respect of the Debit Balance.&#160; In the event that any Debit Balance exists,
then an amount shall be computed equal to interest on such Debit Balance at the
Prime Interest Rate for the period between the last day of the Payment Period
that resulted in such Debit Balance and the last day of the next Payment
Period, which amount shall, on the last day of such next Payment Period, be
debited to the Net Profits Account in the same manner as other debits to the
Net Profits Account for such Payment Period.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>All amounts received by Grantor from the
sale of the Subject Minerals for any Payment Period shall be held by Grantor in
one of its general bank accounts and Grantor shall not be required to maintain
a segregated account for such funds.</h3>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.3</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Payment
of Proceeds Percentage of Net Profits</u></b>.&#160; On or before the fifth Business Day following
the Quarterly Record Date for each Payment Period, Grantor shall transfer or
cause to be transferred to Grantee an amount in respect of the Subject
Interests equal to the product of the Proceeds Percentage times the Net Profits
with respect to the immediately</h2>


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<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">preceding Payment Period in accordance with Section 3.2(b).&#160; All funds delivered to Grantee on account of
the Net Profits Interest shall be calculated and paid entirely and exclusively
out of the gross proceeds attributable to the Subject Minerals attributable to
the Subject Interests.</font></h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.4</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Overpayment;
Past Due Payments</u></b>.&#160; If
Grantor ever pays Grantee more than the amount of money then due and payable to
Grantee under this Conveyance, Grantee shall not be obligated to return the
overpayment, but Grantor may at any time thereafter reduce the gross proceeds
used to calculate the Net Profits and retain for its own account an amount
equal to the overpayment, plus interest at the Prime Interest Rate on such
amount, commencing on the sixth (6th) day from the date of the overpayment to
the date such amount is recovered by Grantor from such proceeds.&#160; Any amount not paid by Grantor to Grantee
with respect to the Net Profits Interest when due shall bear, and Grantor
hereby agrees to pay, interest at the Prime Interest Rate from the due date
until such amount has been paid.&#160; Grantor
shall give Grantee written notice with respect to any underpayment or
overpayment described in this Section 3.4, together with supporting worksheets
and data.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.5</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Statements</u></b>.</h2>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>On each Quarterly Record Date, Grantor shall
deliver to Grantee a statement showing the computation of the Net Profits and
the Proceeds Percentage of the Net Profits, including gross proceeds and debits
therefrom (including any reductions to such gross proceeds and/or debits), with
respect to the preceding Payment Period.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>On the first Quarterly Record Date after the
end of each calendar year and on the Quarterly Record Date after the
Termination Date, such statement shall also show the computation of the Net
Profits and the Proceeds Percentage of the Net Profits, including gross
proceeds and debits therefrom (including any reductions to such gross proceeds
and/or debits), for the preceding calendar year (or portion thereof when the
Net Profits Interest was in effect).</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>If Grantee takes exception to any item or
items included in any quarterly statement required by Section 3.5(a), Grantee
must notify Grantor in writing within one hundred and twenty (120) days after
the end of the fiscal year with respect to which such statements relate.&#160; Such notice must set forth in reasonable
detail the specific debits complained of and to which exception is taken or the
specific credits which should have been made and allowed.&#160; Adjustments shall be made for all complaints
and exceptions that are agreed to by the parties; <u>provided</u> that if the
parties do not agree, such disputed matters shall be subject to the arbitration
provisions set forth in Article XI of the Amended and Restated Trust Agreement
of MV Oil Trust dated of even date herewith by and among Grantor,&#160; Wilmington Trust Company, a banking
corporation organized under the laws of the State of Delaware, and Grantee.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Notwithstanding anything to the contrary
herein, all matters reflected in Grantor&#146;s statements for the preceding
calendar year (or portion thereof) that are not objected to by Grantee in the
manner provided by this Section 3.5(c) shall be deemed correct as rendered by
Grantor to Grantee.</h3>


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<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.6</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Information/Access</u></b>.</h2>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Grantor shall maintain true and correct
books, records, and accounts of (i) all transactions required or permitted by
this Conveyance and (ii) the financial information necessary to effect such
transactions, including the financial information needed to calculate the Net
Profits with respect to any Payment Period.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Grantee or its representative, at the Trust&#146;s
expense, may inspect and copy such books, records, and accounts in the offices
of Grantor during normal business hours and upon reasonable notice.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>At Grantee&#146;s request, subject to applicable
restrictions on disclosure and transfer of information, Grantor shall give
Grantee and its designated representatives (on behalf of the Trust) reasonable
access in Grantor&#146;s office during normal business hours to (i) all geological,
Subject Well and production data in Grantor&#146;s possession or Grantor&#146;s
Affiliates&#146; possession, relating to operations on the Subject Interests and
(ii) all reserve reports and reserve studies in the possession of Grantor or of
Grantor&#146;s Affiliates, relating to the Subject Interests, whether prepared by
Grantor, by Grantor&#146;s Affiliates, or by consulting engineers.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Grantor makes no representations or
warranties about the accuracy or completeness of any such data, reports, or
studies referred to in Section 3.6(c) and shall have no liability to Grantee,
the Trust or any other Person resulting from such data, studies, or reports.</h3>

<h1 align="center" style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE
IV<br>
OPERATION OF THE SUBJECT INTERESTS</font></b></h1>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Operations
Standard</u></b>.&#160; To the extent
that Grantor controls such matters and notwithstanding anything to the contrary
herein, Grantor agrees that it will conduct and carry on, or cause to be
conducted and carried on, the exploration, development, maintenance and
operation of the Subject Interests in the same manner as a reasonably prudent
operator in the State of Kansas would do under the same or similar
circumstances acting with respect to its own properties (without regard to the
existence of the Net Profits Interest); <u>provided</u> that in no event shall
Grantor be deemed in breach of the foregoing standard in connection with costs
or charges paid by Grantor to any Related Party for operations with respect to
the Subject Interests in accordance with Sections 5.5 and 5.6 of the LLC
Agreement.&#160; Grantee acknowledges that
Grantor is and shall be an undivided interest owner with respect to the Subject
Interests.&#160; Grantee agrees that the acts
or omissions of Grantor&#146;s co-owners shall not be deemed to constitute a
violation of the provisions of this Section 4.1, nor shall any action required
by a vote of co-owners be deemed to constitute such a violation so long as
Grantor has voted its interest in a manner designed to comply with this Section
4.1.&#160; Nothing contained in this Section
4.1 shall be deemed to prevent or restrict Grantor from electing not to
participate in any operations that are to be conducted under the terms of any
operating agreement, unit operating agreement, contract for development, or
similar instrument affecting or pertaining to the Subject Interests (or any
portion thereof) and permitting consenting parties to conduct non-consent
operations thereon if a reasonably prudent operator in the State of Kansas
acting with respect to its own properties (without regard to the existence of
the Net Profits Interest) would make such elections.</h2>


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<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4.2</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Pooling
and Unitization</u></b>.&#160; Grantor
shall have the right to pool or unitize all or any of the Leases as to any one
or more of the formations or horizons thereunder, and as to any of the Subject
Minerals, when, in the reasonable judgment of Grantor, it is necessary or
advisable to do so in order to form a drilling or proration unit to facilitate
the orderly development of the Subject Interests or to comply with the
requirements of any law or governmental order or regulation relating to the
spacing of wells or proration of the production therefrom.&#160; For purposes of computing the Net Profits,
there shall be allocated to the Subject Interests included in such unit a pro
rata portion of the Minerals produced from the pooled unit on the same basis
that production from the pool or unit is allocated to other working interests
in such pool or unit.&#160; The interest in
any such unit attributable to the Subject Interests (or any part thereof)
included therein shall become a part of the Subject Interests and shall be
subject to the Net Profits Interest in the same manner and with the same effect
as if such unit and the interest of Grantor therein were specifically described
in Exhibit A to this Conveyance.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4.3</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Non-Consent</u></b>.&#160; If Grantor elects to be a non-participating
party (whether pursuant to an operating agreement or other agreement or
arrangement, including without limitation, non-consent rights and obligations
imposed by statute or regulatory agency) with respect to any operation on any
Subject Interest or elects to be an abandoning party with respect to a Subject
Well located on any Subject Interest, the consequence of which election is that
Grantor&#146;s interest in such Subject Interest or part thereof is temporarily
(i.e., during a recoupment period) or permanently forfeited to the parties
participating in such operations, or electing not to abandon such Subject Well,
then the costs and proceeds attributable to such forfeited interest shall not,
for the period of such forfeiture (which may be a continuous and permanent
period), be debited or credited to the Net Profits Account and such forfeited
interest shall not, for the period of such forfeiture, be subject to the Net
Profits Interest.&#160; Notwithstanding
anything to the contrary contained herein, Grantor shall not elect, as to any
Subject Interest, to be a non-participating party with respect to any operation
contemplated in this Section 4.3 in the event any Affiliate of Grantor will
also be a participating party in such operation.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4.4</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Marketing/Hedges</u></b>.&#160; As between Grantor and Grantee, Grantor shall
have exclusive charge and control of the marketing of all Subject Minerals
allocable to the Net Profits Interest.&#160;
Grantor shall market the Subject Minerals allocable to the Net Profits
Interest in the same manner that it markets its Subject Minerals and Grantor
shall not be entitled to deduct from the calculation of the Net Profits any fee
for marketing the Subject Minerals allocable to the Net Profits Interest.&#160; Grantor shall not enter into any Hedges
(other than the Existing Hedges) with respect to the Subject Minerals from and
after the Effective Time.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4.5</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Amendment
of Leases</u></b>.&#160; Grantor shall
have the unrestricted right to renew, extend, modify, amend, or supplement the
Leases with respect to any of the lands covered thereby in any particular
without the consent of Grantee; <u>provided</u>, that the Net Profits Interest
shall apply to all renewals, extensions, modifications, amendment, supplements
and other similar arrangements (and/or interests therein) of the Leases,
whether or not such renewals, extensions modifications, amendment, supplements
or arrangements have heretofore been obtained, or are hereafter obtained, by
Grantor and no renewal, extension, modification, amendment, or supplementation
shall adversely affect any of Grantee&#146;s rights hereunder, including, without
limitation, the amount, computation, or method of payment of the Net Profits
Interest; <u>provided</u> further that any fees payable with respect to such
renewal, extension, modification, amendment</h2>


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<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">or supplementation may be debited to the Net Profits Account pursuant
to Section 3.1(b).&#160; Grantor shall furnish
Grantee with written notice of any renewal, extension, modification, amendment,
or supplementation, which materially affects the Net Profits Interest within 30
days after Grantor has entered into the same, which notice shall specify the
date thereof and the location and the acreage covered thereby.</font></h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4.6</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Abandonment</u></b>.&#160; Grantor shall have the right without the
joinder of Grantee to release, surrender and/or abandon its interest in the
Subject Interests, or any part thereof, or interest therein even though the
effect of such release, surrender or abandonment will be to release, surrender
or abandon the Net Profits Interest the same as though Grantee had joined
therein insofar as the Net Profits Interest covers the Subject Interests, or
any part thereof or interest therein, so released, surrendered or abandoned by
Grantor; <u>provided</u>, however, that Grantor shall not release, surrender or
abandon any Subject Interest unless and until Grantor has determined (acting
like a reasonably prudent operator in the Mid-Continent region with respect to
its own properties, without regard to the existence of the Net Profits
Interest) that such Subject Interest will no longer produce Subject Minerals in
paying quantities; and <u>provided</u> further that Grantor will, at least
thirty (30) days prior to the release, surrender or abandonment of any Subject
Interest, or any part thereof or interest therein, notify Grantee in writing,
giving a description of each Subject Interest, or part thereof or interest
therein, proposed to be released, surrendered or abandoned, and the date upon
which such release, surrender or abandonment is projected to occur.&#160; Grantor shall have an unequivocal right to
abandon the Subject Interests, or any part thereof if such abandonment is
necessary for health, safety or environmental reasons, or the Subject Minerals
that would have been produced from the abandoned Subject Interests would
otherwise be produced from Subject Wells located on the remaining Subject Interests.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4.7</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Contracts
with Affiliates</u>.</b>&#160; Grantor
or its Affiliates may perform services and furnish supplies and/or equipment
with respect to the Subject Interests that are required to operate the Subject
Interests in accordance with the operations standard set forth in Section 4.1
hereof and debit the Net Profits Account for the costs of such services and/or
furnishing of such supplies and/or equipment, <u>provided</u> that the terms of
the provision of such services or furnishing of supplies and/or equipment shall
not be less favorable than those terms available from non-Affiliates in the
area engaged in the business of rendering comparable services or furnishing
comparable equipment and supplies, taking into consideration all such terms,
including the price, term, condition of supplies or equipment, availability of
supplies and/or equipment, and all other terms, and <u>provided</u> further
that nothing in this Section 4.7 shall operate to prevent or limit any charges
debited to the Net Profits Accounts for costs or charges paid to any Related
Party in accordance with Sections 5.5 and 5.6 of the LLC Agreement.</h2>

<h1 align="center" style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE V<br>
RELEASES AND TRANSFERS OF SUBJECT INTERESTS/SUBJECT WELLS</font></b></h1>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Assignment
by Grantor Subject to Net Profits Interest</u></b>.</h2>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Grantor may from time to time Transfer,
mortgage, or pledge the Subject Interests, or any part thereof or undivided
interest therein, subject to the Net Profits Interest and this Conveyance.</h3>


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<div>


<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Upon any Transfer of the Subject Interests,
or any part thereof or undivided interest therein, by Grantor pursuant to this
Section 5.1, Grantor may delegate to its transferee all obligations,
requirements, and responsibilities of Grantor arising under this Conveyance
with respect to the property Transferred, but, as between Grantor and Grantee,
Grantor shall remain responsible therefor as if the Transfer had not taken
place.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Grantee is not entitled to receive any share
of the sales proceeds received by Grantor in any transaction permitted by this
Section 5.1.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>For purposes of computing Net Profits from
and after the effective date of any Transfer pursuant to this Section 5.1, the
Transfer shall be disregarded; <u>provided</u> <u>however</u>, that the debits
and credits to the Net Profits Account during each Payment Period in respect of
the Subject Interests Transferred shall reflect items received or incurred by
the transferee, such items to be computed in accordance with the provisions of
Article III hereof.</h3>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.2</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Sale
and Release of Properties</u></b>.</h2>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Grantor may from time to time Transfer the
Subject Interests, or any part thereof or undivided interest therein, free of
the Net Profits Interest and the Conveyance <u>provided</u> that:</h3>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>no
Subject Interest or portion thereof may be transferred pursuant to this
Section&nbsp;5.2 where the production of Subject Minerals from such Subject
Interest or part thereof for the twelve (12) months immediately preceding the
proposed sale date for such Subject Interest or part thereof exceeds one
quarter of one percent (0.25%) of the total production of total Subject
Minerals produced from all of the Subject Interests for the twelve (12) months
immediately preceding the proposed sale date for such Subject Interest or part
thereof;</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ii)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>in
connection with any such Transfer, Grantee shall receive as compensation for
the release of its Net Profits Interest in the Subject Interest (or portion
thereof) so Transferred the Fair Value of the portion of the Net Profits
Interest so released; and</h4>

<h4 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt 72.0pt;page-break-after:auto;text-indent:-39.6pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iii)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>the
aggregate fair market value of all portions of the Net Profits Interest
released pursuant to Section 5.2(a) during any consecutive twelve (12) month
period shall not exceed $500,000.</h4>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>In connection with any Transfer pursuant to
this Section 5.2, Grantor shall remit to Grantee an amount equal to the Fair
Value of the portion of the Net Profits Interest being released.&#160; Grantor shall make such payment to Grantee on
the Quarterly Record Date for the Payment Period in which Grantor receives the
payment with respect to any such Transfer of the Subject Interest.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>In connection with any Transfer provided for
in this Section 5.2, Grantee shall, on request, execute, acknowledge, and
deliver to Grantor a recordable instrument (reasonably acceptable to Grantor)
that releases the Net Profits Interest with respect to the Subject Interests
being Transferred.</h3>


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<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>From and after the actual date of any such
Transfer by Grantor, Grantor and any assignee, purchaser, transferee or grantee
of such Subject Interest shall be relieved of all obligations, requirements,
and responsibilities arising under the Net Profits Interest or this Conveyance
with respect to the Subject Interests Transferred, except for those that
accrued prior to such date.</h3>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.3</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Release
of Other Properties</u></b>.</h2>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>In the event that any Person notifies
Grantor that, pursuant to a Prior Reversionary Interest, Grantor is required to
convey any of the Subject Interests to such Person or cease production from any
Subject Well, Grantor may provide such conveyance with respect to such Subject
Interest or permanently cease production from any such Subject Well.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>In the event that Grantor receives
compensation pursuant to any Prior Reversionary Interest Grantee shall not be
entitled to any share of such compensation.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>In connection with any conveyance or
permanent cessation of production provided for in Section 5.3(a) above, Grantee
shall, on request, execute, acknowledge, and deliver to Grantor a recordable
instrument (reasonably acceptable to Grantor) that releases the Net Profits
Interest and this Conveyance with respect to any such Subject Well or Subject
Interests.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>From and after the actual date of any
conveyance or permanent cessation of production provided for in Section 5.3(a),
Grantor and any assignee, purchaser, transferee or grantee of such Subject
Interest shall be relieved of all obligations, requirements, and
responsibilities arising under the Net Profits Interest or this Conveyance with
respect to the Subject Interests Transferred, except for those that accrued
prior to such date.</h3>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.4</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Farmouts</u></b>.</h2>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Grantor may from time to time enter into
Farmout Agreements with Third Persons with respect to a Subject Interest.&#160; In the event that Grantor enters into any
Farmout Agreement with a Third Person, the Net Profits Interest and this
Conveyance shall burden only Grantor&#146;s retained interest in the Subject
Interest after giving effect to any interest in the Subject Interest that a
counterparty to the Farmout Agreement may earn under such Farmout Agreement.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>In connection with Grantor entering into any
Farmout Agreement, Grantee shall, upon request, execute, acknowledge, and
deliver to Grantor a recordable instrument (reasonably acceptable to Grantor)
that releases the Net Profits Interest and this Conveyance with respect to the
Subject Interests being Transferred pursuant to such Farmout Agreement; <u>provided</u>,
the Net Profits Interest shall continue to burden the Subject Interest retained
by Grantor.</h3>

<h1 align="center" style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE
VI<br>
OWNERSHIP OF PROPERTY; LIABLITY OF GRANTEE; NO RIGHT OF OPERATIONS BY GRANTEE</font></b></h1>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Ownership
of Certain Property</u></b>.&#160; The
Net Profits Interest does not include any right, title, or interest in and to
any personal property, fixtures, or equipment and is exclusively</h2>


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<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">an interest in and to the Minerals in and under and produced and saved
from the Subject Interests, and Grantee shall look solely to the Subject
Minerals and payments in respect thereof (as provided herein) for the
satisfaction and realization of the Net Profits Interest.</font></h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6.2</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">No
Personal Liability</u></b>.&#160;
NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED IN THIS CONVEYANCE,
GRANTEE SHALL NEVER PERSONALLY BE RESPONSIBLE FOR PAYMENT OF ANY PART OF THE
COSTS, EXPENSES OR LIABILITIES INCURRED IN CONNECTION WITH THE EXPLORING,
DEVELOPING, OPERATING AND MAINTAINING OF THE SUBJECT INTERESTS; <u>PROVIDED</u>,
HOWEVER, ALL SUCH COSTS AND EXPENSES SHALL, TO THE EXTENT THE SAME RELATE TO
ACTS, OMISSIONS, EVENTS, CONDITIONS OR CIRCUMSTANCES OCCURRING FROM AND AFTER
THE EFFECTIVE DATE, NEVERTHELESS BE CHARGED AGAINST THE NET PROFITS ACCOUNT AS
AND TO THE EXTENT HEREIN PERMITTED.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6.3</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">No
In-Kind Rights</u></b>.&#160; Grantee
shall have no right to take in kind any Subject Minerals allocable to the Net
Profits Interest.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6.4</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">No
Operating Rights</u></b>.&#160; IT IS
THE EXPRESS INTENT OF GRANTOR AND GRANTEE THAT THE NET PROFITS INTEREST SHALL
CONSTITUTE (AND THIS CONVEYANCE SHALL CONCLUSIVELY BE CONSTRUED FOR ALL
PURPOSES AS CREATING) A SINGLE, SEPARATE NON-OPERATING MINERAL RIGHT WITH
RESPECT TO THE SUBJECT INTERESTS FOR ALL PURPOSES AND A FULLY VESTED AND FULLY
CONVEYED INTEREST IN PROPERTY (REAL OR PERSONAL, AS APPLICABLE).&#160; WITHOUT LIMITATION OF THE GENERALITY OF THE
IMMEDIATELY PRECEDING SENTENCE, GRANTOR AND GRANTEE ACKNOWLEDGE THAT GRANTEE
HAS NO RIGHT OR POWER TO PARTICIPATE IN THE SELECTION OF A DRILLING CONTRACTOR,
TO PROPOSE THE DRILLING OF A WELL, TO DETERMINE THE TIMING OR SEQUENCE OF
DRILLING OPERATIONS, TO COMMENCE OR SHUT DOWN PRODUCTION, TO TAKE OVER
OPERATIONS, OR TO SHARE IN ANY OPERATING DECISION WHATSOEVER.&#160; GRANTOR AND GRANTEE HEREBY EXPRESSLY NEGATE
ANY INTENT TO CREATE (AND THIS CONVEYANCE SHALL NEVER BE CONSTRUED AS CREATING)
A MINING OR OTHER PARTNERSHIP OR JOINT VENTURE OR OTHER RELATIONSHIP SUBJECTING
GRANTOR AND GRANTEE TO JOINT LIABILITY.</h2>

<h1 align="center" style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE
VII<br>
WARRANTY AND NEGATIVE COVENANT</font></b></h1>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Warranty</u></b>.&#160; Grantor agrees to warrant and forever defend,
all and singular, the Net Profits Interest unto Grantee, its successors and
assigns, against all persons whomsoever claiming or to claim the same, or any
part thereof, by, through or under Grantor, but not otherwise, subject to the
Permitted Encumbrances.&#160; Subject to the
Net Profits Interest and the Permitted Encumbrances, Grantor further warrants
to Grantee<font style="letter-spacing:-.15pt;"> that
with respect to claims made by, through or under Grantor, immediately following
the transfer made pursuant to his Conveyance,&#160;
Grantor is (i)&nbsp;entitled to receive not less than the percentage set
forth in Exhibit A hereto as the &#147;Net Revenue Interest&#148; of all Minerals
produced, saved and marketed from the Lease described on</font></h2>


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<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;letter-spacing:-.15pt;">Exhibit A to which such Net Revenue Interest corresponds
without reduction of such interest throughout the duration of the life of such
Lease, except as specifically set forth in Exhibit A, and (ii) obligated to
bear the percentage of the costs and expenses relating to the maintenance,
development and operation of such Lease not greater than the &#147;Working Interest&#148;
shown in Exhibit A with respect to such Lease, without increase throughout the
duration of the life of such Lease, except as specifically set forth in Exhibit
A.&#160; G</font>rantor also hereby transfers
to Grantee by way of substitution and subrogation (to the fullest extent that
same may be transferred), all rights or actions over and against all
predecessor (other than Affiliates of Grantor) covenantors or warrantors of title.</font></h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7.2</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Senior
Obligation</u></b>.&#160; Grantor
agrees that it shall cause each agreement, indenture, bond, deed of trust,
filing, application or other instrument that creates or purports to create a
lien, mortgage, security interest or other charge secured by the Subject
Interests, Subject Minerals or the proceeds from the sale of the Subject
Minerals or the Existing Hedges that is entered into on or after the date
hereof to include an express agreement and acknowledgement by the parties
thereto that the Net Profits Interest is senior in right of payment and
collection to any and all obligations created thereby in respect of the Subject
Interests, Subject Minerals or the proceeds from the sale of the Subject
Minerals or the Existing Hedges; provided, however, that this Section 7.2 shall
not apply to (a) any agreement, indenture, bond, deed of trust, filing,
application or other instrument that creates a lien, mortgage, security
interest or other charge secured by (i) not more than Grantor&#146;s residual
interest in the Subject Interests, Subject Minerals or the proceeds from the
sale of the Subject Minerals, (in each case) subject and subordinate to the Net
Profits Interest (and the Net Profits Interest shall not be burdened or
encumbered by any such lien, mortgage, security interest or other charge) or
(ii) not more than Grantor&#146;s residual interest in the Existing Hedges, (in each
case) subject and subordinate to Grantor&#146;s obligations under that the
Assignment of Hedge Proceeds, and (b) the lien and security interest created by
the Assignment of Hedge Proceeds as in effect on the date hereof.</h2>

<h1 align="center" style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE
VIII<br>
MISCELLANIOUS</font></b></h1>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Notices</u></b>.&#160; All notices and other communications required
or permitted under this Conveyance shall be in writing and, unless otherwise
specifically provided, shall be delivered personally, by electronic
transmission, by registered or certified mail, postage prepaid, or by delivery
service for which a receipt is obtained (except for quarterly statements
provided for under Section 3.5 above which may be sent by regular mail), at the
respective addresses of Grantor and Grantee shown below, and shall be deemed
delivered on the date of receipt.&#160; Either
party may specify his proper address or any other post office address within
the continental limits of the United States by giving notice to the other
party, in the manner provided in this Section, at least fifteen (15) days prior
to the effective date of such change of address.&#160; For purposes of notice, the addresses of
Grantor and Grantee shall be as follows:</h2>


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<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt .0001pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">If to Grantor:</font></b><font size="1" style="font-size:8.5pt;font-weight:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-weight:normal;">MV Partners, LLC</font></p>

<p style="font-weight:bold;margin:0pt 0pt .0001pt 72.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">c/o
Murfin Drilling Company, Inc.</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt .0001pt;text-indent:108.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">250 N. Water, Suite 300</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt .0001pt 72.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">Wichita,
Kansas 67202</font></b></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">Attention:</font></b><font size="1" style="font-size:8.5pt;font-weight:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-weight:normal;">David L. Murfin</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt .0001pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">If to Grantee:</font></b><font size="1" style="font-size:8.5pt;font-weight:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-weight:normal;">The Bank of New York Trust Company, N.A.</font></p>

<p style="font-weight:bold;margin:0pt 0pt .0001pt;text-indent:108.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">Global Corporate Trust</font></b></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt .0001pt;text-indent:108.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">221 West Sixth Street, 1</font></b><font size="1" style="font-size:6.5pt;font-weight:normal;position:relative;top:-3.0pt;">st</font><font style="font-weight:normal;">&#160;Floor</font></p>

<p style="font-weight:bold;margin:0pt 0pt .0001pt 72.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">Austin,
Texas 78701</font></b></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">Attention:</font></b><font size="1" style="font-size:8.5pt;font-weight:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-weight:normal;">Mike J. Ulrich</font></p>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8.2</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Payments</u></b>.&#160; Grantor shall transfer or cause to be
transferred all monies to which Grantee is entitled hereunder by Federal funds
wire transfer not later than the date when due, to Grantee at the bank account
specified by Grantee in writing to Grantor.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8.3</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Amendments</u></b>.&#160; This Conveyance may not be amended, altered,
or modified except pursuant to a written instrument executed by Grantor and
Grantee.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8.4</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Further
Assurances</u></b>.&#160; Grantor and
Grantee shall from time to time do and perform such further acts and execute
and deliver such further instruments, conveyances, and documents as may be
required or reasonably requested by the other party to establish, maintain, or
protect the respective rights and remedies of Grantor and Grantee and to carry
out and effectuate the intentions and purposes of this Conveyance, <u>provided</u>
in each case the same does not conflict with any provision of this Conveyance.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8.5</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Waivers</u></b>.&#160; The failure of Grantor or Grantee to insist
upon strict performance of any provision hereof shall not constitute a waiver
of or estoppel against asserting the right to require such performance in the
future, nor shall a waiver or estoppel in any one instance constitute a waiver
or estoppel with respect to a later breach of a similar nature or otherwise.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8.6</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">No
Partition</u></b>.&#160; Grantor and
Grantee acknowledge that Grantee has no right or interest that would permit
Grantee to partition any portion of the Subject Interests, and Grantee hereby
waives any such right.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8.7</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Governing
Law</u></b>.&#160; THIS CONVEYANCE
SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
KANSAS UNLESS THE REAL PROPERTY LAWS OF THE STATE IN WHICH THE SUBJECT
INTERESTS ARE LOCATED ARE MANDATORILY APPLICABLE, AND THEN ONLY TO THE EXTENT
OF SUCH MANDATORY APPLICATION.</h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8.8</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Rule
Against Perpetuities</u></b>.&#160; It
is not the intent of Grantor or Grantee that any provision herein violate any
applicable law regarding the rule against perpetuities, the suspension of the
absolute power of alienation, or other rules regarding the vesting or duration
of estates, and this Conveyance shall be construed as not violating any such
applicable law to the extent the same can be so construed consistent with the
intent of the parties.&#160; In the event,
however, that any provision hereof is determined to violate any such applicable
law, then such provision shall</h2>


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<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">nevertheless be effective for the maximum period (but not longer than
the maximum period) permitted by any such applicable law that will result in no
violation.&#160; To the extent such maximum
period is permitted to be determined by reference to &#147;lives in being&#148;, Grantor
and Grantee agree that &#147;lives in being&#148; shall refer to the lifetime of the last
to die of the now living lineal descendants of the late Joseph P. Kennedy (father
of the late President of the United States of America).</font></h2>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8.9</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Tax
Matters</u></b>.</h2>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Nothing herein contained shall be construed
to constitute a partnership or to cause either party hereto (under state law or
for tax purposes) to be treated as being the agent of, or in partnership with,
the other party.&#160; In addition, the
parties hereto intend that the Net Profits Interest conveyed hereby to Grantee
shall at all times be treated as an incorporeal (i.e., a non-possessory) interest
in real property or land under the laws of the state in which the Subject
Interests are located, a production payment under Section 636 of the Code, and
therefore, for tax purposes, debt, payable out of net profits (rather than as a
working or any other interest).</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Grantor and Grantee agree, and by
acquisition of an interest in Grantee each holder of an interest in Grantee
shall be deemed to have agreed, for United States federal income tax purposes,
(1) to treat the Net Profits Interest as indebtedness that is subject to
Treasury Regulations Section 1.1275-4 (the &#147;<b><i style="font-weight:bold;">Contingent Debt Regulations</i></b>&#148;) and, for purposes of the
Contingent Debt Regulations, to treat payments received with respect to the Net
Profits Interest as contingent payments, and (2) to accrue interest with
respect to the Net Profits Interest according to the &#147;noncontingent bond method&#148;
set forth in Treasury Regulations Section 1.1275-4(b), using the comparable
yield of 9.0% per annum compounded semi-annually.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Grantor and Grantee acknowledge and agree,
and by acquisition of an interest in Grantee each holder of an interest in
Grantee shall be deemed to have agreed, that (i) the comparable yield and the
schedule of projected payments are not determined for any purpose other than
for the determination of interest accruals and adjustments thereof in respect
of the Net Profits Interest for United States federal income tax purposes and
(ii) the comparable yield and the schedule of projected payments do not
constitute a projection or representation regarding the amounts payable on the
Net Profits Interest.</h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Grantor may cause to be withheld from any
payment hereunder any tax withholding required by law or regulations,
including, in the case of any withholding obligation arising from income that
does not give rise to any cash or property from which any applicable
withholding tax could be satisfied, by way of set off against any subsequent
payment of cash or property hereunder.</h3>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8.10</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Counterparts</u>.</b></h2>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Multiple counterparts of the Conveyance have
been recorded in the counties of the States of Kansas and Colorado where the
Subject Interests are located.&#160; The
counterparts are identical except that, to facilitate recordation, the
counterpart recorded in each county may contain property descriptions relating
only to the Subject Interests located in that county.</h3>


 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">26</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<h3 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">A counterpart of the Conveyance containing all property descriptions of
Subject Interests will be filed for record in Butler County, Kansas.</font></h3>

<h3 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>If any Subject Interests are located in more
than one county, the description of such Subject Interests may be included in
any one or more counterparts prepared for recordation in separate counties, but
the inclusion of the same property description in more than one counterpart of
this Conveyance shall not be construed as having effected any cumulative,
multiple, or overlapping interest in the Subject Interests in question.</h3>

<h2 style="font-family:Times New Roman;font-size:10.0pt;font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8.11</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b><u style="font-weight:bold;">Binding
Effect</u></b>.&#160; All the covenants
and agreements of Grantor herein contained shall be deemed to be covenants
running with Grantor&#146;s interest in the Subject Interests and the lands affected
thereby.&#160; All of the provisions hereof
shall inure to the benefit of Grantee and its successors and assigns and shall
be binding upon Grantor and its successors and assigns and all other owners of
the Subject Interests or any part thereof or any interest therein.</h2>


 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">27</font></p>
</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

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<div style="font-family:Times New Roman;">


<p style="font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">EXECUTED
effective for all purposes as of the Effective Time.</font></b></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><!-- SET mrlNoTableShading --></p>
  </td>
  <td width="43%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:43.16%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">GRANTOR</font></u>:</p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="43%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:43.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="43%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:43.16%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">MV PARTNERS, LLC</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="43%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:43.16%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="36%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.62%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV Energy, LLC,</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="36%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.62%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">its Manager</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="36%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.62%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="36%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.62%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Murfin, Inc.,</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="36%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.62%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Member</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="36%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.62%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="36%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.62%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.04%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="39%" colspan="3" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:39.12%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/&nbsp;David L. Murfin</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:</font></p>
  </td>
  <td width="36%" valign="top" style="border:none;border-top:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:36.62%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">David L. Murfin</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>
  </td>
  <td width="36%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.62%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">President</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="36%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.62%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="36%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.62%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="43%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:43.16%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">GRANTEE</font></u>:</p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="43%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:43.16%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="43%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:43.16%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">MV OIL TRUST</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="43%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:43.16%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="43%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:43.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By its Trustee, The Bank of New York</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="43%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:43.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Trust Company, N.A.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="36%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.62%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="36%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.62%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.16%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By: </font></p>
  </td>
  <td width="39%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:39.0%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/&nbsp;Mike J. Ulrich</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:</font></p>
  </td>
  <td width="36%" valign="top" style="border:none;border-top:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:36.62%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Mike&nbsp;J. Ulrich</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="56%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:56.84%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="3" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>
  </td>
  <td width="36%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.62%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Vice President</font></p>
  </td>
 </tr>
 <tr height="0">
  <td width="425" style="border:none;"></td>
  <td width="30" style="border:none;"></td>
  <td width="1" style="border:none;"></td>
  <td width="18" style="border:none;"></td>
  <td width="274" style="border:none;"></td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0pt 0pt 24.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="font-weight:bold;margin:0pt 0pt 12.0pt;text-align:center;"><b><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;font-weight:normal;">Signature Page to Conveyance of Net Profits Interest</font></i></b></p>



</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

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  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><!-- SET mrlNoTableShading -->STATE OF </p>
  </td>
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.66%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.66%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">COUNTY OF </font></p>
  </td>
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.34%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167;</font></p>
  </td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0pt 0pt 12.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>

<p style="font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">BE IT
REMEMBERED, THAT I, the undersigned authority, a notary public duly qualified,
commissioned, sworn and acting in and for the county and state aforesaid, and
being authorized in such county and state to take acknowledgments, hereby
certify that, on this &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
day of &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;,
2007, there personally appeared before me &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;,
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
of MV Partners, LLC, a Kansas limited liability company, known to me to be such
officer, such limited liability company being a party to the foregoing
instrument and duly acknowledged the execution of same.</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt 24.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">IN
WITNESS WHEREOF, I have hereunto set my hand and official seal in the City of &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;,
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
County, &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;,
on the day and year first above written.</font></b></p>

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  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
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  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><!-- SET mrlNoTableShading --></p>
  </td>
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  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Notary Public in and for</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.62%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">the State of </font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.62%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Printed Name of Notary:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.62%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Commission Expires:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.62%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.62%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">STATE OF </font></p>
  </td>
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.62%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.62%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">COUNTY OF </font></p>
  </td>
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.38%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#167;</font></p>
  </td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0pt 0pt 12.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>

<p style="font-weight:bold;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">BE IT
REMEMBERED, THAT I, the undersigned authority, a notary public duly qualified,
commissioned, sworn and acting in and for the county and state aforesaid, and
being authorized in such county and state to take acknowledgments, hereby certify
that, on this &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; day
of &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;,
2007, there personally appeared before me &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;,
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
of The Bank of New York Trust Company, N.A., as trustee of MV Oil Trust, known
to me to be such officer of such trustee being a party to the foregoing
instrument and duly acknowledged the execution of same.</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt 24.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:normal;">IN
WITNESS WHEREOF, I have hereunto set my hand and official seal in the City of &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;,
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
County, &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;,
on the day and year first above written.</font></b></p>

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  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><!-- SET mrlNoTableShading --></p>
  </td>
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.32%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.68%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.32%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Notary Public in and for</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.68%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.32%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">the State of</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.68%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.32%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Printed Name of Notary:</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="44%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:44.68%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="55%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:55.32%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Commission Expires: </font></p>
  </td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0pt 0pt 12.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>



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<p align="center" style="font-weight:bold;margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">EXHIBIT A</font></b></p>

<p align="center" style="font-weight:bold;margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">SUBJECT INTERESTS</font></b></p>


 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">A-</font><font face="Times New Roman">1</font></p>
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<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>7
<FILENAME>a07-2690_1ex10d2.htm
<DESCRIPTION>EX-10.2
<TEXT>
<html>  <head>





</head>  <body lang="EN-US">  <div>
  <p align="right" style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:auto;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Exhibit 10.2</font></b></p>  <p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:auto;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Administrative Services Agreement</font></b></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">This ADMINISTRATIVE SERVICES AGREEMENT (this &#147;<u>Agreement</u>&#148;)
is dated as of January&nbsp;24, 2007 by and between MV Partners, LLC, a limited
liability company formed under the laws of the State of Kansas (the &#147;<u>Company</u>&#148;),
and The Bank of New York Trust Company, N.A., in its capacity as trustee of MV
Oil Trust (the &#147;<u>Trustee</u>&#148;), a statutory trust formed under the laws of
the State of Delaware (the &#147;<u>Trust</u>&#148;).</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">WHEREAS</font></b>, pursuant to a
Conveyance of Net Profits Interest of even date herewith (the &#147;<u>Conveyance</u>&#148;),
the Company has conveyed to the Trust a net profits interest in certain oil and
gas properties located in the States of Kansas and Colorado (the &#147;<u>Net
Profits Interest</u>&#148;);</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">WHEREAS</font></b>, in connection with the
conveyance of the Net Profits Interest, the Company has agreed to provide
certain administrative services for the Trust in exchange for an administrative
services fee as described herein.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">NOW, THEREFORE</font></b>, in consideration
of the premises and the covenants hereinafter contained and for other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, and intended to be legally bound hereby, it is agreed as follows:</p>  <p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE I<br>  <u>DEFINITIONS</u></font></b></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Section 1.01</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Definitions</u></b>.&#160; As used in this Agreement, the following
terms have the respective meanings set forth below or set forth in the Sections
referred to below:</p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Administrative Services
Fee</b>&#148; has the meaning set forth in Section 3.01.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Affiliate</b>&#148;
means with respect to a specified person, any person that directly or
indirectly controls, is controlled by, or is under common control with, the
specified person.&#160; As used in this
definition, the term &#147;control&#148; (and the correlative terms &#147;controlling,&#148; &#147;controlled
by,&#148; and &#147;under common control&#148;) shall mean the possession, directly or
indirectly, of the power to direct or cause the direction of the management and
policies of a person, whether through ownership of voting securities, by
contract or otherwise.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Agreement</b>&#148; has
the meaning set forth in the introductory paragraph.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Business Day</b>&#148;
means each Monday, Tuesday, Wednesday, Thursday and Friday that is not a day on
which banking institutions in Wichita, Kansas are authorized or obligated by
law or executive order to close.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Company</b>&#148; has
the meaning set forth in the introductory paragraph.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Conveyance</b>&#148; has
the meaning set forth in the recitals.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>External Expenses</b>&#148;
means the actual out-of-pocket fees, costs and expenses incurred by the Company
in connection with the provision of the Services.</font></p>
<br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Force Majeure</b>&#148;
shall mean any cause beyond the reasonable control of the Company, including
the following causes: acts of God, strikes, lockouts, acts of the public enemy,
wars or warlike action (whether actual or impending), arrests and other
restraints of government (civil or military), blockades, embargoes,
insurrections, riots, epidemics, landslides, lightning, earthquakes, fires,
sabotage, tornadoes, named tropical storms and hurricanes, and floods, civil
disturbances, terrorism, mechanical breakdown of machinery or equipment,
explosions, confiscation or seizure by any government or other public
authority, any order of any court of competent jurisdiction, regulatory agency
or governmental body having jurisdiction.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Net Profits Interest</b>&#148;
has the meaning set forth in the recitals.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>person</b>&#148; shall
mean any individual, partnership, limited liability company, corporation,
trust, unincorporated association, governmental agency, subdivision, or
instrumentality, or other entity or association.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Services</b>&#148; has
the meaning set forth in Section 2.01.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Termination Date</b>&#148;
has the meaning assigned to such term in the Conveyance.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Trust</b>&#148; has the
meaning set forth in the introductory paragraph.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Trust Agreement</b>&#148;
means that certain Amended and Restated Trust Agreement of even date herewith
among the Company, the Trustee and Wilmington Trust Company, as the same may be
amended from time to time.</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<b>Trustee</b>&#148; has
the meaning set forth in the introductory paragraph.</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Section 1.02</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Construction</u></b>.&#160; Unless the context requires otherwise: (a)
any pronoun used in this Agreement shall include the corresponding masculine,
feminine or neuter forms, and the singular form of nouns, pronouns and verbs
shall include the plural and vice versa; (b) references to Articles and
Sections refer to Articles and Sections of this Agreement; (c) the terms &#147;include,&#148;
&#147;includes,&#148; &#147;including&#148; or words of like import shall be deemed to be followed
by the words &#147;without limitation;&#148; and (d) the terms &#147;hereof,&#148; &#147;herein&#148; or &#147;hereunder&#148;
refer to this Agreement as a whole and not to any particular provision of this
Agreement.&#160; The headings contained in
this Agreement are for reference purposes only, and shall not affect in any way
the meaning or interpretation of this Agreement.</p>  <p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE
II<br>  <u>SERVICES</u></font></b></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Section 2.01</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Services</u></b>.&#160; Subject to the terms of this Agreement and in
exchange for the payment described in Section 3.01, the Company hereby agrees
to provide the Trust with such accounting, bookkeeping and informational
services as are necessary to comply with Article III of the Conveyance and such
other administrative services of similar character and scope to the foregoing
that the Trustee may reasonably request the Company to provide during the term
of this Agreement (the &#147;<u>Services</u>&#148;).</p>
 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">2</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">
    <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Section 2.02</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Performance of
Services by Others</u></b>.&#160; The parties
hereby agree that in discharging the Company&#146;s obligations under this
Agreement, the Company may, in its sole discretion, engage any other person,
including its Affiliates, to perform the Services (or any part of the Services)
on its behalf and that the performance of the Services (or any part of the
Services) by any such person shall be treated as if the Company performed such
Services itself.&#160; Notwithstanding the
foregoing, nothing contained herein shall relieve the Company of its
obligations hereunder.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Section 2.03</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Intellectual Property</u></b>.&#160; Any (i) inventions, whether patentable or
not, developed or invented, or (ii) copyrightable material (and the intangible
rights of copyright therein) developed, in each case by the Company, its
Affiliates or its or their employees in connection with the performance of the
Services shall be the property of the Company; <i>provided,
however</i>, that the Trust shall be granted an irrevocable,
royalty-free, non-exclusive and non-transferable right and license to use such
inventions or material; and <i>provided</i>  <i>further, however</i>, that the Trust shall only be granted such
a right and license to the extent such grant does not conflict with, or result
in a breach, default, or violation of a right or license to use such inventions
or material granted to the Company by any person other than an Affiliate of the
Company.&#160; Notwithstanding the foregoing,
the Company will use all commercially reasonable efforts to grant such right
and license to the Trust.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Section 2.04</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Independent Status</u></b>.&#160; It is expressly acknowledged by the parties
hereto that each party is an &#147;independent contractor&#148; and nothing in this
Agreement is intended nor shall be construed to create an employer/employee
relationship, or a joint venture or partnership relationship, or to allow any
party to exercise control or direction over the other party.&#160; Except as required in connection with the
performance of the Services, neither the Company nor any agent, employee,
servant, contractor or subcontractor of the Company or any of its Affiliates
shall have the authority to bind the Trust to any contract or arrangement.&#160; Neither the Trust nor the Trustee shall be
liable for the salary, wages or benefits, including workers&#146; compensation
insurance and unemployment insurance, of any employee, agent, servant,
contractor or subcontractor of the Company or its Affiliates by virtue of this
Agreement.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Section 2.05</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Warranties; Limitation
of Liability</u></b>.&#160; The Company will
use commercially reasonable efforts to provide the Services in a good and
workmanlike manner in accordance with the sound and prudent practices of
providers of similar services.&#160; EXCEPT AS
SET FORTH IN THE PRECEDING SENTENCE, THE COMPANY MAKES NO (AND HEREBY DISCLAIMS
AND NEGATES ANY AND ALL) WARRANTIES OR REPRESENTATIONS WHATSOEVER, EXPRESS OR
IMPLIED, WITH RESPECT TO THE SERVICES.&#160;
IN NO EVENT WILL THE COMPANY OR ANY OF ITS AFFILIATES BE LIABLE TO ANY
OF THE PERSONS RECEIVING ANY SERVICES OR TO ANY OTHER PERSON FOR ANY EXEMPLARY,
PUNITIVE, DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL OR SPECIAL DAMAGES
RESULTING FROM ANY ERROR IN THE PERFORMANCE OF SUCH SERVICE, REGARDLESS OF
WHETHER THE PERSON PROVIDING SUCH SERVICE, ITS AFFILIATES OR OTHERS MAY BE
WHOLLY, CONCURRENTLY, PARTIALLY OR SOLELY NEGLIGENT OR OTHERWISE AT FAULT,
EXCEPT TO THE EXTENT SUCH EXEMPLARY, PUNITIVE, DIRECT, INDIRECT, INCIDENTAL,
CONSEQUENTIAL OR SPECIAL DAMAGES ARE PAID BY THE PARTY INCURRING SUCH DAMAGES
TO A PERSON THAT IS NOT A PARTY TO THIS</p>
 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">3</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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    <p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">AGREEMENT.&#160; THE PROVISIONS OF
THIS SECTION 2.05 WILL SURVIVE TERMINATION OF THIS AGREEMENT.</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Section 2.06</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Disputes</u></b>.&#160; Should there be a dispute over the nature or
quality of the Services or the calculation or allocation of the Administrative
Services Fee, the Company and the Trustee, on behalf of the Trust, shall first
attempt to resolve such dispute, acting diligently and in good faith, using the
past practices of the Company and the Trustee as guidelines for such
resolution.&#160; If the Company and the
Trustee are unable to resolve any such dispute within thirty days, or such
additional time as may be reasonable under the circumstances, the dispute shall
be resolved by arbitration in accordance with the provisions of Article XI of
the Trust Agreement.&#160; The provisions of
this Section 2.06 will survive termination of this Agreement.</p>  <p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE
III<br>  <u>ADMINISTRATIVE SERVICES FEE</u></font></b></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Section 3.01</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Administrative
Services Fee</u></b>.&#160; The Trust shall
pay to the Company in immediately available funds, on or before the 25<font size="1" style="font-size:6.5pt;position:relative;top:-3.0pt;">th</font>&#160;day following each calendar quarter, an
administrative services fee of $15,000 (the &#147;<u>Administrative Services Fee</u>&#148;).&#160; Effective January 1 of each calendar year,
the amount of the Administrative Services Fee payable in each of the calendar
quarters in that calendar year shall increase by 4.0% of the amount of the
Administrative Services Fee that was payable during each of the calendar
quarters of the previous calendar year.&#160;
In the event that this Agreement is terminated during a calendar quarter
pursuant to Section 5.01, the amount of the Administrative Services Fee for
such calendar quarter shall be based upon the pro rata portion of the
Administrative Services Fee that shall have accrued during such quarter up to
and including the date of termination of this Agreement.&#160; In addition to the Administrative Services
Fee, the Trust shall reimburse the Company on or before the 25<font size="1" style="font-size:6.5pt;position:relative;top:-3.0pt;">th</font>&#160;day following each calendar quarter for all
reasonable and necessary External Expenses associated with the provision of
Services in the preceding quarter as set forth in a reasonably detailed invoice
provided by the Company to the Trust on or before the 15<font size="1" style="font-size:6.5pt;position:relative;top:-3.0pt;">th</font>&#160;day following each calendar quarter.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Section 3.02</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Set-Off</u></b>.&#160; In the event that the Company owes the Trust
a sum certain in an uncontested amount under any other agreement, then any such
amounts may, in the sole discretion of the Company, be aggregated and the Trust
and the Company shall discharge their obligations by netting those amounts
against any amounts owed by the Trust to the Company under this Agreement.</p>  <p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE
IV<br>  <u>FORCE MAJEURE</u></font></b></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Section 4.01</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Force Majeure</u></b>.&#160; The Company&#146;s obligation under this Agreement
shall be excused when and to the extent its performance of that obligation is
prevented due to Force Majeure.&#160; The
Company shall promptly notify the Trustee that it is prevented from performing
its obligations by reason of Force Majeure and shall exercise due diligence to
end its inability to perform as promptly as practicable.&#160; Notwithstanding the foregoing, the Company
shall not be required to settle any strike, lockout or other labor dispute in
which it or any of its Affiliates may be involved.</p>
 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">4</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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    <p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ARTICLE V<br>  <u>MISCELLANEOUS</u></font></b></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Section 5.01</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Term and Termination</u></b>.&#160; This Agreement shall become effective on the
date of this Agreement and shall continue until the Termination Date unless
earlier terminated by mutual agreement of the parties to this Agreement.&#160; Upon termination of this Agreement in
accordance with this Section 5.01, all rights and obligations under this
Agreement shall cease except for (i) obligations that expressly survive termination
of this Agreement, (ii) liabilities and obligations that have accrued prior to
such termination, including the obligation to pay any amounts that have become
due and payable prior to such termination, and (iii) the obligation to pay any
portion of the Administrative Services Fee that has accrued prior to such
termination, even if such portion has not become due and payable at the time of
termination.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Section 5.02</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Notice</u></b>.&#160; All notices and other communications provided
for or permitted hereunder shall be made in writing by hand delivery, by
facsimile, by courier guaranteeing overnight delivery or by first-class mail,
return receipt requested, and shall be deemed given (i) when made, if made by
hand delivery, (ii) upon confirmation, if made by facsimile, (iii) one (1)
Business Day after being deposited with such courier, if made by overnight
courier or (iv) on the date indicated on the notice of receipt, if made by
first-class mail, to the parties as follows:</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>if
to the Trust or the Trustee, to:</p>  <p style="margin:0pt 0pt .0001pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV Oil Trust</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">c/o The Bank of New York Trust Company, N.A.</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Global Corporate Trust</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">221 West Sixth Street, 1st Floor</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Austin, Texas 78701</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Attention:&#160; Mike J. Ulrich</font></p>  <p style="margin:0pt 0pt 12.0pt;text-in
dent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Fax: (512) 479-2553</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">with a copy to:</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Andrews Kurth LLP</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">600 Travis, Suite 4200</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Houston, Texas 77002</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Attention:&#160; David C. Buck</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Fax: (713) 238-7126</font></p>  <p sty
le="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>if
to the Company, to:</p>  <p style="margin:0pt 0pt .0001pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV Partners, LLC</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">250 N. Water, Suite 300</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Wichita, Kansas 67202</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Attention: David L. Murfin</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Fax: (316) 267-6004</font></p>
 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">5</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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    <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">with a copy to:</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Vinson &amp; Elkins L.L.P.</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1001 Fannin, Suite 2500</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Houston, Texas&#160; 77002</font></p>  <p style="margin:0pt 0pt .0001pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Attention: Thomas P. Mason</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:72.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Fax: (713) 615-5320</font></p>  <p style="margin:0pt 0pt 12.0pt;text-indent:0pt;"><font size="2" face="Times New Roman" style="font-
size:10.0pt;">or to such other address
as such person may have furnished to the other persons identified in this
Section 5.02 in writing in accordance herewith.</font></p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Section 5.03</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Entire Agreement;
Supersedure</u></b>.&#160; This Agreement
constitutes the entire agreement of the parties relating to the matters
contained herein, superseding all prior contracts or agreements, whether
written or oral, relating to the matters contained herein.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Section 5.04</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Effect of Waiver or
Consent</u></b>.&#160; Except as otherwise
provided in this Agreement, a waiver or consent, express or implied, to or of
any breach or default by any party in the performance by that party of its
obligations under this Agreement is not a consent or waiver to or of any other
breach or default in the performance by that party of the same or any other
obligations of that party under this Agreement.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Section 5.05</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Amendment or
Modification</u></b>.&#160; This Agreement may
be amended or modified from time to time only by a written instrument executed
by each of the parties to this Agreement.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Section 5.06</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Assignment</u></b>.&#160; Except as provided in Section 2.02, no party
to this Agreement shall have the right to assign its rights or obligations
under this Agreement without the consent of the other party to this Agreement.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Section 5.07</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Counterparts</u></b>.&#160; This Agreement may be executed in any number
of counterparts with the same effect as if all parties to this Agreement had
signed the same document.&#160; All
counterparts shall be construed together and shall constitute one and the same
instrument.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Section 5.08</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Severability</u></b>.&#160; If any provision of this Agreement or the
application thereof to any party to this Agreement or circumstance shall be
held invalid or unenforceable to any extent, the remainder of this Agreement
and the application of such provision to other party to this Agreement or
circumstances shall not be affected thereby and shall be enforced to the
greatest extent permitted by law.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Section 5.09</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Further Assurances</u></b>.&#160; In connection with this Agreement and all
transactions contemplated by this Agreement, each party hereto agrees to
execute and deliver such additional documents and instruments and to perform
such additional acts as may be necessary or appropriate to effectuate, carry
out and perform all of the terms, provisions and conditions of this Agreement
and all such transactions.</p>  <p style="font-family:Times New Roman;font-size:10.0pt;margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Section 5.10</font></b><b><font size="1" style="font-size:8.5pt;font-weight:bold;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Governing Law</u></b>.&#160; THIS AGREEMENT SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF KANSAS.</p>
 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">6</font></p>
</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

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<div style="font-family:Times New Roman;">


<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">IN WITNESS WHEREOF, the parties have executed this
Agreement as of the date first written above.</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr style="page-break-inside:avoid;">
  <td width="54%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:54.64%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><!-- SET mrlNoTableShading --></p>
  </td>
  <td width="45%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:45.36%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV PARTNERS, LLC</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="54%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:54.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="45%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:45.36%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="54%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:54.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.92%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="36%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV Energy, LLC,</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="54%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:54.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.92%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="36%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">its Manager</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="54%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:54.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.92%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="36%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="54%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:54.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.92%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="36%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Murfin, Inc.,</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="54%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:54.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.92%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="36%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Member</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="54%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:54.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.92%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="36%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="54%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:54.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.92%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="36%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="54%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:54.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:3.8%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="27%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:27.86%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/&nbsp;David L. Murfin</font></p>
  </td>
  <td width="13%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:13.7%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="54%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:54.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.92%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:</font></p>
  </td>
  <td width="36%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">David L. Murfin</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="54%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:54.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.92%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>
  </td>
  <td width="36%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chairman and Chief Executive</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="54%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:54.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.92%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="36%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Officer</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="54%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:54.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.92%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="36%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="54%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:54.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.92%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="36%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="54%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:54.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="45%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:45.36%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">THE BANK OF NEW YORK TRUST<br>
  COMPANY, N.A., as trustee of MV Oil<br>
  Trust</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="54%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:54.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.92%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="36%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="54%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:54.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.92%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="36%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="54%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:54.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="3%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:3.8%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="27%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:27.86%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/&nbsp;Mike J. Ulrich</font></p>
  </td>
  <td width="13%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:13.7%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="54%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:54.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.92%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:</font></p>
  </td>
  <td width="36%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Mike J. Ulrich</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="54%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:54.64%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="8%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:8.92%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>
  </td>
  <td width="36%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:36.42%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Vice President</font></p>
  </td>
 </tr>
 <tr height="0">
  <td width="409" style="border:none;"></td>
  <td width="28" style="border:none;"></td>
  <td width="38" style="border:none;"></td>
  <td width="170" style="border:none;"></td>
  <td width="102" style="border:none;"></td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0pt 0pt 24.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;text-indent:0pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Signature Page to Administrative Services Agreement</font></i></p>



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<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>8
<FILENAME>a07-2690_1ex10d3.htm
<DESCRIPTION>EX-10.3
<TEXT>
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<p align="right" style="margin:0pt 0pt 12.0pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Exhibit
10.3</font></b></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ASSIGNMENT
OF<br>
HEDGE PROCEEDS</font></b></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">This
Assignment of Hedge Proceeds (this &#147;<u>Assignment</u>&#148;) dated as of
January&nbsp;24, 2007 is between MV Partners, LLC, a Kansas limited liability
company (successor by conversion to MV Partners, LP, a Kansas limited partnership)
(&#147;<u>Assignor</u>&#148;) and The Bank of New York Trust Company, N.A., acting not in
its individual capacity but solely as trustee of the MV Oil Trust, a Delaware
statutory trust (&#147;<u>Assignee</u>&#148;).&#160;
This Assignment is entered into in connection with the execution and
delivery by the Assignor to the Assignee of that certain Conveyance of Net
Profits Interest dated of even date herewith (the &#147;<u>Conveyance</u>&#148;).&#160; Capitalized terms used but not defined in
this Assignment shall have the meaning given to such term in the Conveyance.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">For
and in consideration of $10 and other good and valuable consideration, the
receipt and sufficiency of which is hereby acknowledged, Assignor does hereby
ASSIGN, SET OVER and TRANSFER unto Assignee all of Assignor&#146;s right, title, and
interest, indirectly and directly, in and to 80% of any and all revenues,
monies, proceeds and payments payable to Assignor and to which Assignor is or
might be entitled (such percentage of such revenues, monies, proceeds and
payments is referred to herein as the &#147;<u>Hedge Proceeds</u>&#148;) under, by virtue
of, or arising as a result of the settlement of those certain hedge and/or swap
agreements (the &#147;<u>Hedge Agreements</u>&#148;) described on <b><i style="font-weight:bold;">Exhibit
A</i></b> attached hereto.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">This
Assignment is not, and shall not be construed as, an assignment of the Hedge
Agreements in violation of any of the terms thereof and Assignee is assuming no
duties and obligations under the Hedge Agreements.&#160; This Assignment is solely an assignment by
Assignor of its right, title, and interest in and to the Hedge Proceeds.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Assignee
shall have the right to the receipt of all sums and amounts so paid to it in
accordance with the terms and provisions of this Assignment.&#160; Assignor shall pay all Hedge Proceeds
received during each Payment Period to Assignee on the fifth Business Day
following the Quarterly Record Date for such Payment Period.</font></p>

<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">As collateral security for the prompt and
complete payment and performance when due (whether at the stated maturity, by
acceleration or otherwise) of the obligations of the Assignor under this
Assignment, the Assignor hereby pledges, assigns and transfers to the Assignee,
and hereby grants to the Assignee, a first priority continuing security
interest in, lien on and right of setoff against, all Hedge Proceeds, whether
now owned or at any time hereafter acquired by the Assignor or in which the
Assignor now has or at any time in the future may acquire any right, title or
interest and whether now existing or hereafter coming into existence.</font></h2>

<h2 style="font-weight:normal;margin:0pt 0pt 12.0pt;page-break-after:auto;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">This Assignment (a) may not be amended,
altered, or modified except pursuant to a written instrument executed by
Assignor and Assignee, (b) shall be governed by and construed in accordance
with the laws of the State of Kansas, (c) shall inure to the benefit of
Assignee and its successors and assigns and shall be binding upon Assignor and
its successors and assigns, and (d) may be executed in multiple originals which
constitute but one and the same instrument.</font></h2>

<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Assignor
and Assignee shall from time to time do and perform such further acts and
execute and deliver such further instruments, assignments, and documents as may
be required or</font></p>


<br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt 12.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">reasonably
requested by the other party to establish, maintain, or protect the respective
rights and remedies of Assignor and Assignee and to carry out and effectuate
the intentions and purposes of this Assignment, provided in each case the same
does not conflict with any provision of this Assignment.</font></p>


 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">2</font></p>
</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

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<div style="font-family:Times New Roman;">


<p style="margin:0pt 0pt 12.0pt;text-indent:36.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">EXECUTED
TO BE EFFECTIVE as of the 24th day of January, 2007.</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="47%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:47.82%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><!-- SET mrlNoTableShading --><b><u style="font-weight:bold;">ASSIGNOR</u>:</b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="47%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:47.82%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="47%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:47.82%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">MV PARTNERS, LLC</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="47%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:47.82%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="41%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:41.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">MV Energy, LLC,</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="41%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:41.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">its Manager</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="41%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:41.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="41%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:41.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Murfin, Inc.,</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="41%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:41.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Member</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="41%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:41.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="41%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:41.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.4%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By: </font></p>
  </td>
  <td width="29%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:29.6%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/&nbsp;David L. Murfin</font></p>
  </td>
  <td width="13%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:13.82%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:</font></p>
  </td>
  <td width="41%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:41.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">David L. Murfin</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>
  </td>
  <td width="41%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:41.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chairman and Chief Executive Officer</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="41%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:41.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="47%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:47.82%;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"><b><u><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ASSIGNEE</font></u>:</b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="41%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:41.28%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="47%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:47.82%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">MV OIL TRUST</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="41%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:41.28%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="47%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:47.82%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By its Trustee, The Bank of New York</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="47%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:47.82%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Trust Company, N.A.</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="47%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:47.82%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="47%" colspan="4" valign="top" style="padding:0pt .7pt 0pt 0pt;width:47.82%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="4%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:4.4%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By: </font></p>
  </td>
  <td width="29%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:29.6%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/&nbsp;Mike J. Ulrich</font></p>
  </td>
  <td width="13%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:13.82%;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:</font></p>
  </td>
  <td width="41%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:41.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Mike J. Ulrich</font></p>
  </td>
 </tr>
 <tr style="page-break-inside:avoid;">
  <td width="52%" valign="top" style="padding:0pt .7pt 0pt 0pt;width:52.18%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="6%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:6.54%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>
  </td>
  <td width="41%" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:41.28%;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Vice President</font></p>
  </td>
 </tr>
 <tr height="0">
  <td width="390" style="border:none;"></td>
  <td width="33" style="border:none;"></td>
  <td width="16" style="border:none;"></td>
  <td width="205" style="border:none;"></td>
  <td width="103" style="border:none;"></td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0pt 0pt 24.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0pt 0pt 12.0pt;text-align:center;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Signature
Page to Assignment of Hedge Proceeds</font></i></p>



</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

<!-- SEQ.=1,FOLIO='',FILE='C:\fc\2516153756_D10112_1640536\2690-1-ko-03.htm',USER='jmsproofassembler',CD='Jan 25 16:15 2007' -->



<br clear="all" style="page-break-before:always;">

<div>


<p style="font-weight:bold;margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">EXHIBIT
A</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt 12.0pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">HEDGE
AGREEMENTS</font></b></p>


 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">A-</font><font face="Times New Roman">1</font></p>
</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

<!-- SEQ.=1,FOLIO='A-1',FILE='C:\Fc\2611445189_P66499CHE_1639607\2690-1-ko-05.htm',USER='jmsproofassembler',CD='Jan 26 01:14 2007' -->


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`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
