ORDER FOR PAYMENT FOR OIL AND GAS LEASE Lease # ‘Lessee shall subject to its approval of title, make payment as indicated herein by check within 45 days of Lessee’ receipt of this Order For Payment and the executed Oil and Gas Lease associated herewith, No default shall be declared for failure to miake payment until 10 days after written notice fiom payee of intention to declare such defanlt. The right to receive this payment shall not be assigned, whether a collateral or otherwise, {if the oll and gas lease referenced herein covers less than the entire undivided interest in the oil and gas or other rights in such land, thea the dollar amount listed herein shall be paid to the payce only in the proportion which the interest in said lands covered by the Oil and ‘Gas Lease bears to the entire undivided interest therein. Further, should Lessor own more ot less than the net interest defined herein, Lessee shall increase of reduce the dollar amount payable hereunder proportionately For collection, the original copy herein must be submitted along with the original executed Oil and Gas Lease, A copy is to be retained by payee. This Order For Payment is hereby recognized by Lessor as consideration paid by Lessee for the Oil and Gas Lease associated herewith PAYEE (Lessor): City of Galesburg, a Michigan Municipal Corporation ‘Address: 200 East Michigan Ave., Galesburg, MI 49053 Phone: (269) 665-7000 ‘This payment is for a Three (3) years, Paid Up, Oil and Gas Lease dated which covers property located in the County of Kalamazoo, State of Michigan described as follows: ‘TOWNSHIP 2 SOUTH, RANGE 9 WEST (Charleston Township) Section 19: ASSESSORS PLAT OF CITY OF GALESBURG PART OF WI/2 LOT 10 DESC AS BEG INN LI SEC 19, 725, ROW 140 FTE OF NW COR TH E ALG N LI 378PT TH § O3MIN39SC E 233FT TH W378.25FT THN 233FTTO BEG Parcel # 08-19-101-016 2.02 Acres M/L. Section 19: ASSESSORS PLAT OF CITY OF GALESBURG W1/2 LOT 10 EXC E 100 PT OF W 120 FT OF N 100 FT ALSO EXC BEG IN N LI SEC 19, T2S, ROW, 140" E OF THE NW COR, THENCE ALG THE N LN 378, TH SODEG. 03MIN. 39 SEC E 233), TH W 378.25, THN 18 SEC. W 233' TO THE POB, IN THE ASSESSOR'S PLAT OF THE CITY OF GALESBURG Parcel #: 08-19-101-012 14.71 Acres M/LBotimated Gross Ac: 22.53 Estimated Net Ac: 2253 8 For lease per acre: $200.00, ‘THE TOTAL PAYMENT SHALL BE BASED UPON THE NET ACRES OWNED AND NOT SUBJECT TO AN EXISTING LEASE AS DETERMINED BY A SEARCH OF RECORDS AT REGISTER OF DEEDS IN Kalamazoo COUNTY MULTIPLIED BY THE BONUS $ PER ACRE STATED ABOVE, Completed by: Accepted the of 2018 by City of Galesburg | Michigan Municipal Corporation Stephen C. Dipuie Lessor, Be 586-484-9492 By: is: SS#(TaxID: Lessor: By. is Lessee: Savoy Energy, LP. Post Office Box 1560 Traverse City, MI 49688-1560 Ph: 231-941-9552 NOTE: Under the (1987) U.S. Tax Code, we are required by Law to issue LR.S. Form #1099 (Miscellaneous income) to you forthe consideration above, by January 31st of nxt year. In order to comply with the law we need to obtain the Federal Tax Identification or Social Security Number of the Lessor that the income is to be credited. Please fill in the information requasted. "Paymonte you roceive will be subject to backup withholding if you do net furnish your TIN to the requester." This amount is 26% of such payments, “This Onder for Payment expires one year from date of isuance unless paid sooner, terminated, oF replaced by Lessee. FOR OFFICE USE ONLY Project: Deck #_~___ Date Receive | Date Duc | Approved by- SEITE Aa DEERE Date Paid: __ Check #,OIL AND GAS LEASE (NON-ENTRY — PAID UP) THIS AGREEMENT is made as of the day of . 2018 by and between Gity of Galesburg, a Michigan Municipal Corporation of 200 East Michigan Ave., Galesburg, Ml 49053 hereinafter called Lessor (whether one or more), and Savoy Eneray, LP, P.O. Box 1660, Traverse Cily, Ml 49685-1560 ‘and 920 Hastings Street, Suite A, Traverse City, Ml 49686, hereinafter called Lessee 1. Lessor, for and in consideration of Ten Dollars ($10.00) and other valuable consideration, the receipt of which is hereby acknowledged, does hereby grant, lease and let unto Lessee, the cil and gas mineral rights beneath the land described below, including all interest in such rights the Lessor may acquire by reversion or otherwise, (herein called "said land"), exclusively, for the purposes of exploration for and producing oil andlor gas. No surface operations of any nature ‘shall be conducted on the leased land, except possible soismic surveys that may be conducted by Lessse, its successors or assigns. Said land is in the County of Kalamazoo, State of Michigan, and is described as follows, ‘TOWNSHIP 2 SOUTH, 9 WEST (Charleston Townshi Section 19: ASSESSORS PLAT OF CITY OF GALESBURG PART OF Wi1/2 LOT 10 DESC AS BEG IN NLISEC 19, ‘T2S, ROW 140 FT E OF NW COR TH E ALG N LI 378FT TH S O3MIN39SC E 233FT TH W 378.25FT THN 233FT TO BEG Parcel # 08-19-101-018 2.02 Acres MiL ‘Section 19: ASSESSORS PLAT OF CITY OF GALESBURG W1/2 LOT 10 EXC E 100 FT OF W 120 FT OF N 100 FT ALSO EXC BEG INN LI SEC 19, 2S, ROW, 140” E OF THE NW COR, THENCE E ALG THE N LN 378", TH SODEG. O3MIN, 39 SEC E 233), TH WW 378.28, TH N 18 SEC. W233 TO THE POB, IN THE ASSESSOR'S PLAT OF THE CITY OF GALESBURG — Parcel # 08-19-101-012 14.71 Acres MIL TOWNSHIP 2 SOUTH, RANGE 10 WEST (Comstock Township] Section 24: ASSESSORS PLAT OF CITY OF GALESBURG LOT 12 EXC N2 AGRES ALSO EXC THAT PART LYING. BELOW ELV 783 FEET 5,80 ACRES M/L Parcel #. 07-24-226-290