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Fill and Sign the Assignor Reserves the Right to Pool the Assigned Interest Short Form

Fill and Sign the Assignor Reserves the Right to Pool the Assigned Interest Short Form

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ASSIGNMENT OF OVERRIDING ROYALTY INTEREST (Assignor Reserves the Right to Pool the Assigned Interest, Short Form) State: County: Assignor: (Name and Address) Assignee: (Name and Address) Effective Date: Assignor, named above, owns the working interest in the Oil, Gas, and Mineral Leases (the "Leases") on lands located in the county and state named above (the "Lands"). These L eases and Lands are described on Exhibit "A" to this Assignment. Assignor desires to assign to Assignee, named above, an overriding royalty interest in the Leases. For adequate consideration, Assignor transfers, assigns, and conveys to Assignee an overriding royalty interest in all of the oil, gas, and other minerals produced, saved, and marketed from the Lands pursuant to the terms of the Leases equal to ____% of 8/8 (the "Override"). The Override is assigned to Assignee free and clear of all costs and expenses of exploration, production, and operations. The Override shall bear and pay its proportionate part of all applicable taxes. The Override shall be proportionately reduced in the event it is determined the Leases cover less than 100% of the mineral estate in the Lands or Assignor owns less than 100% of the leasehold estate created by the Leases. Should the Leases be renewed or extended on all or part of the Lands, the Override shall be effective as to the renewed or extended Leases. Assignor reserves the right and authori ty to pool the Leases with other leases without the consent or joinder of Assignee. In that event , the Override shall be proportionately reduced in accordance with such pooling. This Assignment is made without warranty, either express or implied. The terms and provisions of this Assignment shall be binding on and inure to the benefit of Assignor and Assignee and their respective heirs, legal representatives, successors, and assigns. This Assignment is signed by Assignor as of the date of acknowledgment of Assignor's signature below, but is effective for all purposes as of the Effective Date stated above. Assignor

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The best way to complete and sign your assignor reserves the right to pool the assigned interest short form

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