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Fill and Sign the Storing Co2 Underground Could Help the Fight Against Climate Form

Fill and Sign the Storing Co2 Underground Could Help the Fight Against Climate Form

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MEMORANDUM OF SUBSURFACE UNDERGROUND CARBON DIOXIDE STORAGE LEASE AND AGREEMENT STATE: COUNTY: For valuable consideration, the receipt and adequacy of which is acknowledged, the undersigned, as “Lessor,” and _____, the “Lessee,” have entered into a Subsurface Underground Carbon Dioxide Storage Lease and Agreement (the “Agreement”), in which Lessor granted and grants to Lessee the right to inject and store non-hydrocarbon substances, including, but not limited to carbon dioxide, both in liquid and gaseous forms, in, and withdraw and remove non- hydrocarbon substances, including, but not limited to carbon dioxide, both in liquid and gaseous forms, from the _____ Zones, and/or any and all stratum or strata underlying the surface of the lands described in Exhibit “A” to this Memorandum. All of the terms, covenants, and condi tions contained in the Agreement are incorporated into this Memorandum by this reference, and for all purposes. The Agreement is effective and is dated as of the date stated below. The Agreement is dated _____, and is for an initial term of _____ years. Lessor Lessee (Acknowledgments) (Exhibit “A”: Description of lands subject to the Subsurface Underground Carbon Dioxide Storage Lease and Agreement.)

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