See attached:
ACHIEVEMENT CERTIFICATE
September 13, 2017
Dr. Michael Hession
8 Tomlinson Rd.
#23-01 Hana
247857 Singapore
E-mail: hess88888@gmail.com
Mr. Chris Finlayson
Verdley Edge, Henley Hill, Fenhurst,
Haslemere, Surrey GU27 3HG
United Kingdom
E-mail: chrisgfinlayson@yahoo.co.uk
Computershare Trust Company, N.A.
8742 Lucent Boulevard, Suite 225
Highlands Ranch, CO 80129
Facsimile: (303) 262-0608
Email: corporate.trust@computershare.com
Attention: Jay Ramos; Rose Stroud
Ladies and Gentlemen:
Reference is made to that certain Contingent Resource Payment Agreement, dated February
22, 2017, among ExxonMobil Canada Holdings ULC, an unlimited liability corporation
and indirect wholly-owned subsidiary of Parent organized under the laws of British
Columbia (AcquisitionCo), Exxon Mobil Corporation, a New Jersey corporation
(;Parent), Computershare Trust Company, N.A., a U.S. national banking association, and
Computershare Inc., a Delaware corporation (the CRP Agreement). Capitalized terms
used, but not otherwise defined herein, shall have the meaning ascribed to such terms in the
CRP Agreement.
The Payment Condition has been satisfied and occurred on September 6, 2017. Pursuant to
Section 3.05 of the CRP Agreement, AcquisitionCo hereby provides notice that (i) the
amount of the Aggregate CRP Payment is $254,248,023.74, (ii) the amount of the
Distributable CRP Payment in respect of each EVR is $4.98 and (iii) the Loan Proceeds
Payment in respect of each EVR is $0.04. This letter shall constitute the “Achievement
Certificate” for purposes of Section 3.05 of the CRP Agreement.
This provides for a payment of $5.02 per CRP [which was issued for each share of IOC held by shareholders on the date of the sale].
Better than nothing. And the final [short of lawsuits] chapter in the sad IOC saga.
Best to all, 2126