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Exhibit G
Berry Backstop AgreementExecution VersionBACKSTOP COMMITMENT AGREEMENT
AMONG
BERRY PETROLEUM COMPANY, LLC,
LINE ACQUISITION COMPANY, LLC,
AND
THE COMMITMENT PARTIES PARTY HERETO
Dated as
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01
To fill out the Berry Backstop Agreement, follow these steps:
02
Start by entering the date of the agreement at the top of the document.
03
Fill in the details of the parties involved, including their names, addresses, and contact information.
04
Specify the purpose and scope of the agreement.
05
Describe the terms and conditions of the agreement in detail.
06
Clearly outline the responsibilities and obligations of each party.
07
Include any specific deadlines or milestones that need to be met.
08
List any additional provisions or clauses that are relevant to the agreement.
09
Review the agreement for accuracy and completeness.
10
Sign and date the agreement, ensuring all parties involved also sign.
11
Keep a copy of the filled-out agreement for future reference.
Who needs berry backstop agreement?
01
The Berry Backstop Agreement is typically used by businesses or individuals who wish to establish a legally binding arrangement for financial protection in case of unforeseen events or risks. It is commonly used in various industries such as insurance, finance, and real estate. Both parties involved in a transaction or agreement can benefit from having a Berry Backstop Agreement in place to mitigate potential risks and ensure a fair and secure arrangement.
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What is berry backstop agreement?
The berry backstop agreement is a contract between a berry producer and a buyer that ensures a minimum price for the berries produced.
Who is required to file berry backstop agreement?
Both the berry producer and the buyer are required to file the berry backstop agreement.
How to fill out berry backstop agreement?
The berry backstop agreement can be filled out by including details such as the quantity of berries, the price per unit, the delivery schedule, and any penalties for non-compliance.
What is the purpose of berry backstop agreement?
The purpose of the berry backstop agreement is to provide price stability and risk management for both the producer and the buyer.
What information must be reported on berry backstop agreement?
The berry backstop agreement must include details such as the parties involved, the terms of the agreement, the price per unit, the quantity of berries, and the delivery schedule.
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