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Exhibit 10.1
ASSIGNMENT OF MEMBERSHIP
INTEREST
This Assignment of Interest (this
“ Assignment ”) is made as of the 18thday of March 2011 from Harold Hamm (the “
Assignor ”) to Continental Resources, Inc. (the
“ Assignee ”).
Recitals:
A.
Assignor owns
all of the limited liability company interests and membership
rights (collectively the “ Membership Interest
”) in 20 Broadway Associates LLC, an Oklahoma limited
liability company (the “ Company ”);
and
B.
Assignor
desires to convey to Assignee all of the Membership Interest and
any and all of Assignor’s right, title, and interest of any
nature whatsoever in the Company (such interests and the Membership
Interest being referred to in this Assignment as the “
Assigned Interests ”) and Assignee desires to acquire
the Assigned Interests;
In consideration of the foregoing,
twenty-two million nine hundred sixty-one thousand six hundred
twenty-eight and No/100 Dollars ($22,961,628), consisting of the
purchase price of 20 North Broadway, commissions and related
closing costs, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, Assignor
and Assignee agree as follows:
1.
Assignor hereby
grants, bargains, sells, transfers, assigns, and conveys to
Assignee, its legal re