COG » Topics » PURCHASE PRICE

This excerpt taken from the COG 10-Q filed Jul 30, 2008.

PURCHASE PRICE

3.1. Purchase Price. The total purchase price for all of the Properties is $602,788,000 (the “Purchase Price”), subject to adjustment hereinafter provided.

3.2. Earnest Money. On or before 12:00 P.M. Central Daylight Time on June 4, 2008, Buyer will tender to Seller by wire transfer $60,278,800 as a performance deposit (which amount plus an amount equal to interest or other earnings actually earned thereon from the date of this Agreement to the Closing Date or date of termination of this Agreement being referred to as the “Deposit”). Seller will promptly invest such $60,278,800 in Permitted Investments. The Deposit will be retained by Seller and credited against the Purchase Price if Closing occurs or will otherwise be distributed in accordance with the terms of this Agreement.

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