-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HCahOUvsEf4+qTm91FSvGmrZF+ce3sVtwtCa7xbhmjkI0UcTa6c0winjngZPJgXH HMtLctKprpETCS9HmIHnEQ== 0000950134-08-009611.txt : 20080515 0000950134-08-009611.hdr.sgml : 20080515 20080515120817 ACCESSION NUMBER: 0000950134-08-009611 CONFORMED SUBMISSION TYPE: S-8 PUBLIC DOCUMENT COUNT: 5 FILED AS OF DATE: 20080515 DATE AS OF CHANGE: 20080515 EFFECTIVENESS DATE: 20080515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TOREADOR RESOURCES CORP CENTRAL INDEX KEY: 0000098720 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 750991164 STATE OF INCORPORATION: TX FISCAL YEAR END: 1207 FILING VALUES: FORM TYPE: S-8 SEC ACT: 1933 Act SEC FILE NUMBER: 333-150930 FILM NUMBER: 08835265 BUSINESS ADDRESS: STREET 1: 13760 NOEL ROAD, SUITE 1100 CITY: DALLAS STATE: TX ZIP: 75240 BUSINESS PHONE: 2145593933 MAIL ADDRESS: STREET 1: 13760 NOEL ROAD, SUITE 1100 CITY: DALLAS STATE: TX ZIP: 75240 FORMER COMPANY: FORMER CONFORMED NAME: TOREADOR ROYALTY CORP DATE OF NAME CHANGE: 19920703 S-8 1 d56895sv8.htm FORM S-8 sv8
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As filed with the Securities and Exchange Commission on May 15, 2008
Registration No. 333-               
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
 
TOREADOR RESOURCES CORPORATION
(Exact name of registrant as specified in its charter)
     
Delaware
(State or other jurisdiction of
incorporation or organization)
  75-0991164
(I.R.S. Employer Identification No.) 
     
13760 Noel Road, Suite 1100
Dallas, Texas

(Address of Principal Executive Offices)
   75240
(Zip Code)
 
Toreador Resources Corporation 2005 Long-Term Incentive Plan
(Full title of the plan)
 
Nigel J. Lovett
President and Chief Executive Officer
Toreador Resources Corporation
13760 Noel Road, Suite 1100
Dallas, Texas 75240

(Name and address of agent for service)
(214) 559-3933
(Telephone number, including area code, of agent for service)
with copies of communications to:
Janice V. Sharry, Esq.
Haynes and Boone, LLP
901 Main Street, Suite 3100
Dallas, Texas 75202
(214) 651-5000
     Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):
Large accelerated filer oAccelerated filer þ Non-accelerated filer o
(Do not check if a smaller reporting company)
Smaller reporting company o
 
CALCULATION OF REGISTRATION FEE
                                             
 
                  Proposed maximum     Proposed maximum     Amount of  
  Title of securities     Amount to be     offering price     aggregate offering     registration fee  
  to be registered     registered (1)     per share (2)     price (2)     (2)  
 
Common Stock, $0.15625 par value
      1,000,000       $ 8.21       $ 8,210,000       $ 323    
 
(1)   Representing additional shares authorized under the Toreador Resources Corporation 2005 Long-Term Incentive Plan, plus such indeterminate number of shares of Common Stock as may be issued to prevent dilution resulting from stock splits, stock dividends or similar transactions in accordance with Rule 416 under the Securities Act of 1933, as amended (the “Securities Act”).
 
(2)   The proposed maximum offering price per share and the proposed maximum aggregate offering price have been estimated solely for the purpose of calculating the registration fee pursuant to paragraphs (c) and (h)(1) of Rule 457 promulgated under the Securities Act, based upon the average of the high and low sales prices of the Common Stock as reported on the Nasdaq Global Market on May 12, 2008.
 
 

 


TABLE OF CONTENTS

PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 6. Indemnification of Directors and Officers.
Item 8. Exhibits.
Item 9. Undertakings
SIGNATURES
EXHIBIT INDEX
Amendment No. 3 to the Long-Term Incentive Plan
Opinion of Haynes and Boone, LLP
Consent of Grant Thornton LLP
Consent of LaRoche Petroleum Consultants, Ltd.


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EXPLANATORY STATEMENT IN CONNECTION WITH THE FILING
OF A REGISTRATION STATEMENT ON FORM S-8
FILED PURSUANT TO INSTRUCTION E OF FORM S-8
     Pursuant to General Instruction E to Form S-8 under the Securities Act, this Registration Statement is filed by Toreador Resources Corporation (the “Registrant”) for the purpose of registering an additional 1,000,000 shares of common stock, par value $0.15625 per share (the “Common Stock”), of the Registrant issuable pursuant to the Toreador Resources Corporation 2005 Long-Term Incentive Plan, as amended (the “Plan”). The following previously filed registration statements heretofore filed with the Securities and Exchange Commission (the “Commission”) by the Registrant relating to the Plan are incorporated herein by reference to the extent not otherwise amended or superceded by the contents hereof:
     (a) the Registrant’s previously filed Form S-8 Registration Statement (File No. 333-125050), as filed with the Commission on May 19, 2005; and
     (b) the Registrant’s previously filed Form S-8 Registration Statement (File No. 333-134144), as filed with the Commission on May 15, 2006.

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PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 6. Indemnification of Directors and Officers.
     (i) The Registrant’s Restated Certificate of Incorporation (the “Certificate of Incorporation”), in accordance with Section 102(b)(7) of the General Corporation Law of the State of Delaware (“Delaware Code”), provides that no director of the Registrant will be personally liable to the Registrant or any of its stockholders for monetary damages arising from the director’s breach of fiduciary duty as a director. However, this does not apply with respect to any action in which the director would be liable under Section 174 of the Delaware Code nor does it apply with respect to any liability in which the director (i) breached his duty of loyalty to the Registrant or its stockholders; (ii) did not act in good faith or, in failing to act, did not act in good faith; (iii) acted in a manner involving intentional misconduct or a knowing violation of law or, in failing to act, acted in a manner involving intentional misconduct or a knowing violation of law; or (iv) derived an improper personal benefit.
     The Fourth Amended and Restated Bylaws of the Registrant (“Bylaws”) provide that the Registrant shall indemnify its directors and officers and former directors and officers to the fullest extent permitted by the Delaware Code. Pursuant to the provisions of Section 145 of the Delaware Code, the Registrant has the power to indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending, or completed action, suit, or proceeding, whether civil, criminal, administrative or investigative (other than an action by or in the right of the Registrant) by reason of the fact that he is or was a director, officer, employee, or agent of the Registrant, or is or was serving at the request of the Registrant as a director, officer, employee or agent of another corporation or enterprise, against expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement actually and reasonably incurred in connection with such action, suit, or proceeding, provided, however, that the Registrant shall indemnify any such person in connection with an action, suit or proceeding stated above and initiated by such person only if such action, suit or proceeding was authorized by the Registrant’s board of directors. The power to indemnify applies only if such person acted in good faith and in a manner he reasonably believed to be in the best interest, or not opposed to the best interest, of the Registrant and with respect to any criminal action or proceeding, had no reasonable cause to believe his conduct was unlawful.
     The power to indemnify applies to actions brought by or in the right of the Registrant to procure a judgment in its favor by reason of the fact that such person acted in any of the capacities set forth above, against such expenses actually and reasonably incurred by such person in connection with the defense or settlement of such action or suit if he acted under similar standards, except that in such actions no indemnification shall be made in the event of any adjudication of liability unless and only to the extent that the Court of Chancery or court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such person is fairly and reasonably entitled to indemnification.
     To the extent a present or former director or officer of the Registrant has been successful on the merits or otherwise in defense of any action, suit or proceeding referred to above, or in defense of any claim, issue or matter therein, such person shall be indemnified against expenses (including attorneys’ fees) actually and reasonably incurred by such person in connection therewith.
     The statute further specifically provides that the indemnification authorized thereby shall not be deemed exclusive of any other rights to which any such officer or director may be entitled under any bylaws, agreements, vote of stockholders or disinterested directors, or otherwise.
     The Registrant’s Bylaws provide that a person acting in any of the capacities set forth above shall also have the right to be paid by the Registrant the expenses (including attorneys’ fees) incurred in defending any such proceeding in advance of its final disposition; provided, however, that, if the Delaware Code requires, an advancement of expenses incurred by such person shall be made only upon delivery to the Registrant of an undertaking, by or on behalf of such person, to repay all amounts so advanced if it shall ultimately be determined by final judicial decision from which there is no further right to appeal that such person is not entitled to indemnification for such expenses.
     Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers or persons controlling the Registrant pursuant to the foregoing provisions, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is therefore unenforceable.
     (ii) Certain of the Registrant’s directors have indemnification agreements with the Registrant in which the Registrant agrees to indemnify such directors under certain circumstances. The Registrant has purchased indemnification insurance on behalf of its directors.

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Item 8. Exhibits.
     
Exhibit    
No.   Description
4.1
  Restated Certificate of Incorporation, of Toreador Resources Corporation (previously filed as Exhibit 3.1 to Toreador Resources Corporation Current Report on Form 8-K filed with the Securities and Exchange Commission on March 29, 2005, File No. 000-02517, and incorporated herein by reference).
 
   
4.2
  Fourth Amended and Restated Bylaws of Toreador Resources Corporation (previously filed as Exhibit 3.1 to Toreador Resources Corporation Current Report on Form 8-K filed with the Securities and Exchange Commission on November 13, 2007, File No. 000-02517, and incorporated herein by reference).
 
   
4.3
  Toreador Resources Corporation 2005 Long-Term Incentive Plan (previously filed as Exhibit 10.1 to Toreador Resources Corporation Current Report on Form 8-K filed with the Securities and Exchange Commission on May 23, 2005, File No. 000-02517, and incorporated herein by reference).
 
   
4.4
  Form of Specimen Stock Certificate representing shares of Toreador Resources Corporation Common Stock (previously filed as Exhibit 4.20 to Toreador Resources Corporation Registration Statement on Form S-3 (Registration No. 333-129628) filed with the Securities and Exchange Commission on November 10, 2005, File No. 000-02517, and incorporated herein by reference).
 
   
4.5
  Amendment No. 1 to the Toreador Resources Corporation 2005 Long-Term Incentive Plan (previously filed as Exhibit 10.1 to Toreador Resources Corporation Current Report on Form 8-K filed with the Securities and Exchange Commission on May 12, 2006, File No. 000-02517, and incorporated herein by reference).
 
   
4.6
  Amendment No. 2 to the Toreador Resources Corporation 2005 Long-Term Incentive Plan (previously filed as Exhibit 10.3 to Toreador Resources Corporation Quarterly Report on Form 10-Q for the quarter ended March 31, 2008, File No. 000-02517, and incorporated herein by reference).
 
   
4.7*
  Amendment No. 3 to the Toreador Resources Corporation 2005 Long-Term Incentive Plan.
 
   
4.8
  Settlement Agreement, dated June 25, 1998, among the Gralee Persons, the Dane Falb Persons and Toreador Royalty Corporation (previously filed as Exhibit 4.1 to Toreador Resources Corporation Annual Report on Form 10-K for the year ended December 31, 2004, File No. 000-02517, and incorporated herein by reference).
 
   
4.9
  Warrant No. 39, issued by Toreador Resources Corporation to Rich Brand amending and replacing Warrant No. 30 (previously filed as Exhibit 4.1 to Toreador Resources Corporation Quarterly Report on Form 10-Q for the quarter ended March 31, 2008, File No. 000-02517, and incorporated herein by reference).
 
   
4.10
  Warrant No. 40, issued by Toreador Resources Corporation to Dianne Brand (previously filed as Exhibit 4.2 to Toreador Resources Corporation Quarterly Report on Form 10-Q for the quarter ended March 31, 2008, File No. 000-02517, and incorporated herein by reference).
 
   
4.11
  Warrant, dated July 22, 2004, issued by Toreador Resources Corporation to Nigel Lovett (previously filed as Exhibit 4.14 to Toreador Resources Corporation Annual Report on Form 10-K for the year ended December 31, 2004, File No. 000-0257, and incorporated herein by reference).
 
   
4.12
  Registration Rights Agreement, effective November 1, 2002, among Toreador Resources Corporation and persons party thereto (previously filed as Exhibit 4.4 to Toreador Resources Corporation Annual Report on Form 10-K for the year ended December 31, 2007, File No. 000-02517, and incorporated herein by reference).
 
   
4.13
  Registration Rights Agreement, dated October 20, 2003, between Toreador Resources Corporation and William I. Lee and Wilco Properties, Inc. (previously filed as Exhibit 4.9 to Toreador Resources Corporation Quarterly Report on Form 10-Q for the quarter ended September 30, 2003, File No. 000-02517, and incorporated herein by reference).
 
   
4.14
  Registration Rights Agreement, dated December 22, 2003, between Toreador Resources Corporation and Wilco Properties Inc (previously filed as Exhibit 4.11 to Toreador Resources Corporation Annual Report on Form 10-K for the year ended December 31, 2003, File No. 000-02517, and incorporated herein by reference).
 
   
4.15
  Registration Rights Agreement dated September 27, 2005 by and between Toreador Resources Corporation and UBS Securities LLC and the other initial purchasers named in the purchase agreement (previously filed as Exhibit 4.18 to the Registration Statement on Form S-3 (333-129628) filed with the Securities and Exchange

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Exhibit    
No.   Description
 
  Commission on November 10, 2005, File No. 000-02517, and incorporated herein by reference).
 
   
4.16
  Indenture dated as of September 27, 2005 by and between Toreador Resources Corporation and The Bank of New York Trust Company, N.A. (previously filed as Exhibit 4.19 to the Registration Statement on Form S-3 (333-129628) filed with the Securities and Exchange Commission on November 10, 2005, File No. 000-02517, and incorporated herein by reference).
 
   
4.17
  Registration Rights Agreement dated March 21, 2007 by and among Toreador Resources Corporation and the Buyers listed therein (previously filed as Exhibit 4.1 to Toreador Resources Corporation Current Report on Form 8-K filed on March 22, 2007, File No. 000-02571, and incorporated herein by reference).
 
   
4.18
  Warrant to Purchase Common Stock of Toreador Resources Corporation dated July 11, 2005, by and between Toreador Resources Corporation and Natexis Banques Popularis (previously filed as Exhibit 10.1 to Toreador Resources Corporation Current Report on Form 8-K filed with the Securities and Exchange Commission on July 13, 2005, File No. 000-02517, and incorporated herein by reference).
 
   
4.19
  First Amendment to Registrant Rights dated as of February 15, 2008 by and among Toreador Resources Corporation, Capital Ventures International and Goldman, Sachs & Co. (previously filed as Exhibit 4.11 to Toreador Resources Corporation Annual Report on Form 10-K for the year ended December 31, 2007, File No. 000-02517, and incorporated herein by reference).
 
   
5.1*
  Opinion of Haynes and Boone, LLP.
 
   
23.1*
  Consent of Haynes and Boone, LLP (included in the opinion of Haynes and Boone, LLP, filed herewith as Exhibit 5.1).
 
   
23.2*
  Consent of Grant Thornton LLP.
 
   
23.3*
  Consent of LaRoche Petroleum Consultants, Ltd.
 
   
24.1*
  Power of attorney (included on signature page to this registration statement).
 
*   Each document marked with an asterisk is filed herewith.
Item 9. Undertakings
(a)   The undersigned Registrant hereby undertakes:
 
(1)   To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:
(i) To include any prospectus required by Section 10(a)(3) of the Securities Act;
(ii) To reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a twenty percent change in the maximum aggregate offering price set forth in the “Calculation of Registration Fee” table in this Registration Statement.
(iii) To include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement; provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the Registration Statement is on Form S-8 and the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the Registration Statement.
(2)   That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(3)   To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

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(b)   The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant’s annual report pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan’s annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(c)   Insofar as indemnification for liabilities arising under the Securities Act may be permitted to the directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit, or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by final adjudication of such issue.

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SIGNATURES
     Pursuant to the requirements of the Securities Act, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Dallas, State of Texas, on the 15th day of May, 2008.
         
  TOREADOR RESOURCES CORPORATION
 
 
  By:   /s/ Nigel J. Lovett    
    Nigel J. Lovett   
    President and Chief Executive Officer   
 
     KNOW ALL MEN BY THESE PRESENT, that the undersigned officers and directors of Toreador Resources Corporation, a Delaware corporation, do hereby constitute and appoint Nigel J. Lovett and Charles J. Campise, and each of them, their true and lawful attorneys-in-fact and agents or attorney-in-fact and agent, with power and authority to do any and all acts and things and to execute any and all instruments which said attorneys and agents, and any one of them, determine may be necessary or advisable or required to enable said corporation to comply with the Securities Act, and any rules and regulations or requirements of the Securities and Exchange Commission in connection with this registration statement. Without limiting the generality of the foregoing power and authority, the powers granted include the full power of substitution and resubstitution, for them and in their name, place and stead, in any and all capacities, the power and authority to sign the names of the undersigned officers and directors in the capacities indicated below to this Registration Statement, to any and all amendments (including any post-effective amendments) and supplements thereto, and to any and all instruments or documents filed as part or in connection with this Registration Statement, and each of the undersigned hereby ratifies and confirms all that said attorneys and agents, or any of them, shall do or cause to be done by virtue hereof. The Power of Attorney may be signed in several counterparts.
     Pursuant to the requirements of the Securities Act, this Registration Statement has been signed below by the following persons and in the following capacities on the 15th day of May, 2008.
     
Signature   Title
 
   
/s/ Nigel J. Lovett
 
Nigel J. Lovett
  President, Chief Executive Officer and Director 
 
   
/s/ Charles J. Campise
 
Charles J. Campise
  Senior Vice President — Finance (Principal Financial Officer and Principal Accounting Officer)
 
   
/s/ John Mark McLaughlin
 
John Mark McLaughlin
  Director, Chairman of the Board of Directors 
 
   
/s/ Alan D. Bell
 
Alan D. Bell
  Director 
 
   
/s/ David M. Brewer
 
David M. Brewer
  Director 
 
   
/s/ Peter L. Falb
 
Peter L. Falb
  Director 
 
   
/s/ Nicholas Rostow
 
Nicholas Rostow
  Director 
 
   
 
Herbert C. Williamson III
  Director 

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EXHIBIT INDEX
     
Exhibit    
No.   Description
4.1
  Restated Certificate of Incorporation, of Toreador Resources Corporation (previously filed as Exhibit 3.1 to Toreador Resources Corporation Current Report on Form 8-K filed with the Securities and Exchange Commission on March 29, 2005, File No. 000-02517, and incorporated herein by reference).
 
   
4.2
  Fourth Amended and Restated Bylaws of Toreador Resources Corporation (previously filed as Exhibit 3.1 to Toreador Resources Corporation Current Report on Form 8-K filed with the Securities and Exchange Commission on November 13, 2007, File No. 000-02517, and incorporated herein by reference).
 
   
4.3
  Toreador Resources Corporation 2005 Long-Term Incentive Plan (previously filed as Exhibit 10.1 to Toreador Resources Corporation Current Report on Form 8-K filed with the Securities and Exchange Commission on May 23, 2005, File No. 000-02517, and incorporated herein by reference).
 
   
4.4
  Form of Specimen Stock Certificate representing shares of Toreador Resources Corporation Common Stock (previously filed as Exhibit 4.20 to Toreador Resources Corporation Registration Statement on Form S-3 (Registration No. 333-129628) filed with the Securities and Exchange Commission on November 10, 2005, File No. 000-02517, and incorporated herein by reference).
 
   
4.5
  Amendment No. 1 to the Toreador Resources Corporation 2005 Long-Term Incentive Plan (previously filed as Exhibit 10.1 to Toreador Resources Corporation Current Report on Form 8-K filed with the Securities and Exchange Commission on May 12, 2006, File No. 000-02517, and incorporated herein by reference).
 
   
4.6
  Amendment No. 2 to the Toreador Resources Corporation 2005 Long-Term Incentive Plan (previously filed as Exhibit 10.3 to Toreador Resources Corporation Quarterly Report on Form 10-Q for the quarter ended March 31, 2008, File No. 000-02517, and incorporated herein by reference).
 
   
4.7*
  Amendment No. 3 to the Toreador Resources Corporation 2005 Long-Term Incentive Plan.
 
   
4.8
  Settlement Agreement, dated June 25, 1998, among the Gralee Persons, the Dane Falb Persons and Toreador Royalty Corporation (previously filed as Exhibit 4.1 to Toreador Resources Corporation Annual Report on Form 10-K for the year ended December 31, 2004, File No. 000-02517, and incorporated herein by reference).
 
   
4.9
  Warrant No. 39, issued by Toreador Resources Corporation to Rich Brand amending and replacing Warrant No. 30 (previously filed as Exhibit 4.1 to Toreador Resources Corporation Quarterly Report on Form 10-Q for the quarter ended March 31, 2008, File No. 000-02517, and incorporated herein by reference).
 
   
4.10
  Warrant No. 40, issued by Toreador Resources Corporation to Dianne Brand (previously filed as Exhibit 4.2 to Toreador Resources Corporation Quarterly Report on Form 10-Q for the quarter ended March 31, 2008, File No. 000-02517, and incorporated herein by reference).
 
   
4.11
  Warrant, dated July 22, 2004, issued by Toreador Resources Corporation to Nigel Lovett (previously filed as Exhibit 4.14 to Toreador Resources Corporation Annual Report on Form 10-K for the year ended December 31, 2004, File No. 000-0257, and incorporated herein by reference).
 
   
4.12
  Registration Rights Agreement, effective November 1, 2002, among Toreador Resources Corporation and persons party thereto (previously filed as Exhibit 4.4 to Toreador Resources Corporation Annual Report on Form 10-K for the year ended December 31, 2007, File No. 000-02517, and incorporated herein by reference).
 
   
4.13
  Registration Rights Agreement, dated October 20, 2003, between Toreador Resources Corporation and William I. Lee and Wilco Properties, Inc. (previously filed as Exhibit 4.9 to Toreador Resources Corporation Quarterly Report on Form 10-Q for the quarter ended September 30, 2003, File No. 000-02517, and incorporated herein by reference).
 
   
4.14
  Registration Rights Agreement, dated December 22, 2003, between Toreador Resources Corporation and Wilco Properties Inc (previously filed as Exhibit 4.11 to Toreador Resources Corporation Annual Report on Form 10-K for the year ended December 31, 2003, File No. 000-02517, and incorporated herein by reference).
 
   
4.15
  Registration Rights Agreement dated September 27, 2005 by and between Toreador Resources Corporation and UBS Securities LLC and the other initial purchasers named in the purchase agreement (previously filed as Exhibit 4.18 to the Registration Statement on Form S-3 (333-129628) filed with the Securities and Exchange Commission on November 10, 2005, File No. 000-02517, and incorporated herein by reference).

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Exhibit    
No.   Description
4.16
  Indenture dated as of September 27, 2005 by and between Toreador Resources Corporation and The Bank of New York Trust Company, N.A. (previously filed as Exhibit 4.19 to the Registration Statement on Form S-3 (333-129628) filed with the Securities and Exchange Commission on November 10, 2005, File No. 000-02517, and incorporated herein by reference).
 
   
4.17
  Registration Rights Agreement dated March 21, 2007 by and among Toreador Resources Corporation and the Buyers listed therein (previously filed as Exhibit 4.1 to Toreador Resources Corporation Current Report on Form 8-K filed on March 22, 2007, File No. 000-02571, and incorporated herein by reference).
 
   
4.18
  Warrant to Purchase Common Stock of Toreador Resources Corporation dated July 11, 2005, by and between Toreador Resources Corporation and Natexis Banques Popularis (previously filed as Exhibit 10.1 to Toreador Resources Corporation Current Report on Form 8-K filed with the Securities and Exchange Commission on July 13, 2005, File No. 000-02517, and incorporated herein by reference).
 
   
4.19
  First Amendment to Registrant Rights dated as of February 15, 2008 by and among Toreador Resources Corporation, Capital Ventures International and Goldman, Sachs & Co. (previously filed as Exhibit 4.11 to Toreador Resources Corporation Annual Report on Form 10-K for the year ended December 31, 2007, File No. 000-02517, and incorporated herein by reference).
 
   
5.1*
  Opinion of Haynes and Boone, LLP.
 
   
23.1*
  Consent of Haynes and Boone, LLP (included in the opinion of Haynes and Boone, LLP, filed herewith as Exhibit 5.1).
 
   
23.2*
  Consent of Grant Thornton LLP.
 
   
23.3*
  Consent of LaRoche Petroleum Consultants, Ltd.
 
   
24.1*
  Power of attorney (included on signature page to this registration statement).
 
*   Each document marked with an asterisk is filed herewith.

9

EX-4.7 2 d56895exv4w7.htm AMENDMENT NO. 3 TO THE LONG-TERM INCENTIVE PLAN exv4w7
EXHIBIT 4.7
AMENDMENT NO. 3
TO THE
TOREADOR RESOURCES CORPORATION
2005 LONG-TERM INCENTIVE PLAN
     TOREADOR RESOURCES CORPORATION, a Delaware corporation (the “Company”), pursuant to the authority granted in Article 9 of the Toreador Resources Corporation 2005 Long-Term Incentive Plan (the “Plan”), hereby amends the Plan, effective as of May 15, 2008 and subject to the approval of the requisite vote of the stockholders of the Company, to (i) increase the number of shares of Common Stock that are subject to the Plan, (ii) increase the number of shares that may be issued as “Incentive Stock Options” (as defined in the Plan) and (iii) increase the number of shares of Common Stock relating to “Awards” (as defined in the Plan) that may be granted to an “Executive Officer” (as defined in the Plan) during any calendar year.
     1. Effective as of May 15, 2008, the first two sentences of Section 5.1 are hereby amended by deleting said sentences in their entirety and substituting in lieu thereof the following:
Subject to adjustment as provided in Articles 11 and 12 of the Plan, the maximum number of shares of Common Stock that may be delivered pursuant to Awards under the Plan is 1,750,000 shares, 100% of which may be delivered pursuant to Incentive Stock Options. Subject to adjustment pursuant to Articles 11 and 12, no Executive Officer may receive in any calendar year (i) Stock Options or SARs relating to more than 150,000 shares of Common Stock, or (ii) Restricted Stock, Restricted Stock Units, Performance Awards or Other Awards that are subject to the attainment of Performance Goals relating to more than 150,000 shares of Common Stock; provided, however, that all such Awards to any Executive Officer during any calendar year shall not exceed an aggregate of more than 300,000 shares of Common Stock.
     2. Except as amended hereby, the Plan, as previously amended, shall remain in full effect.
     IN WITNESS WHEREOF, the Plan is amended effective as of the dates set forth above.
         
  TOREADOR RESOURCES CORPORATION
 
 
  By:   /s/ Nigel J. Lovett    
    Name:   Nigel J. Lovett   
    Title:   President and Chief Executive Officer   

 

EX-5.1 3 d56895exv5w1.htm OPINION OF HAYNES AND BOONE, LLP exv5w1
EXHIBIT 5.1
[HAYNES AND BOONE, LLP LETTERHEAD]
May 15, 2008
Toreador Resources Corporation
13760 Noel Road, Suite 1100
Dallas, Texas 75240
Re: Registration Statement on Form S-8
Gentlemen:
We have acted as counsel to Toreador Resources Corporation, a Delaware corporation (the “Company”), in connection with the preparation of the Company’s registration statement on Form S-8 (the “Registration Statement”) under the Securities Act of 1933, as amended (the “Securities Act”), filed by the Company with the Securities and Exchange Commission (the “Commission”) on the date hereof. The Registration Statement relates to the registration of up to an additional 1,000,000 shares (the “Shares”) of the Company’s common stock, par value $0.15625 per share, issuable pursuant to the Company’s 2005 Long-Term Incentive Plan (the “Plan”).
In rendering the opinion set forth herein, we have reviewed the Registration Statement, the Certificate of Incorporation of the Company, as amended to date, the Bylaws of the Company, as amended to date, a specimen of the Company’s stock certificate and resolutions of the Board of Directors of the Company. In addition, we have examined originals or photostatic or certified copies of certain of the records and documents of the Company, copies of public documents, certificates of officers of the Company, and such other agreements, instruments and documents as we have deemed necessary in connection with the opinion hereinafter expressed. As to the various questions of fact material to the opinion expressed below, we have relied solely upon certificates or comparable documents of officers and representatives of the Company without independent check or verification of their accuracy.
In making such examination, we have assumed the genuineness of all signatures, the legal capacity of all natural persons, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as certified, conformed or photostatic copies and the authenticity of the originals of such latter documents.
We have also assumed that a payment equal to at least the par value of the Shares will be made upon issuance.
Based on our examination described above, subject to the assumptions and limitations stated herein, and relying on the statements of fact contained in the documents that we have examined, we are of the opinion that upon issuance in accordance with the terms of the Plan, the Shares will be validly issued, fully paid and non-assessable.
The opinion expressed herein is limited to the General Corporation Law of the State of Delaware (the “DGCL”) as in effect on the date hereof and applicable provisions of the Delaware Constitution, in each case as currently in effect, and judicial decisions reported as of the date hereof and interpreting the DGCL and such provisions of the Delaware Constitution.
We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to all references to us in the Registration Statement. In giving this consent, we do not thereby admit that we come within the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission thereunder.
         
  Respectfully submitted
 
 
  /s/ HAYNES AND BOONE, LLP    
  HAYNES AND BOONE, LLP   
     

EX-23.2 4 d56895exv23w2.htm CONSENT OF GRANT THORNTON LLP exv23w2
EXHIBIT 23.2
CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
     We have issued our reports dated March 17, 2008, with respect to the consolidated financial statements and internal control over financial reporting included in the Annual Report of Toreador Resources Corporation on Form 10-K for the year ended December 31, 2007. We hereby consent to the incorporation by reference of said reports in this Registration Statement of Toreador Resources Corporation on Form S-8.
         
     
/s/ Grant Thornton LLP      
GRANT THORNTON LLP     
Houston, Texas
May 15, 2008

EX-23.3 5 d56895exv23w3.htm CONSENT OF LAROCHE PETROLEUM CONSULTANTS, LTD. exv23w3
EXHIBIT 23.3
CONSENT OF LAROCHE PETROLEUM CONSULTANTS, LTD.,
INDEPENDENT PETROLEUM ENGINEERS
     We consent to the incorporation by reference in this Registration Statement on Form S-8 of our estimates of reserves included in Toreador Resources Corporation’s Annual Report (Form 10-K) for the year ended December 31, 2007, filed with the Securities and Exchange Commission.
         
     
/s/ William M. Kazman    
LAROCHE PETROLEUM CONSULTANTS, LTD.     
Dallas, Texas
May 14, 2008

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