TERRA ENERGY & RESOURCE TECHNOLOGIES, INC. STOCK OPTION CERTIFICATE Right to Purchase [_________] Shares of Common Stock Exercise Price: $[___] per Share Issue Date: [___________] Vesting Date: [___________] Expiration Date: [___________]Stock Option Agreement • April 14th, 2010 • Terra Energy & Resource Technologies, Inc. • Oil & gas field exploration services • New York
Contract Type FiledApril 14th, 2010 Company Industry JurisdictionTHIS CERTIFIES THAT, for value received, [______________] (the “Holder”) is entitled, upon the terms and subject to the conditions hereinafter set forth, at any time on or after the Vesting Date (as defined below) and at or prior to the close of business on [____________] [(the “Expiration Date”)], but not thereafter, to subscribe for and purchase from Terra Energy & Resource Technologies, Inc., a Delaware corporation (the “Company”), up to [___________] fully paid and nonassessable shares of the Company’s Common Stock, par value $0.0001 per share (the “Common Stock”) at the Exercise Price (as defined herein).
TERRA ENERGY & RESOURCE TECHNOLOGIES, INC. STOCK OPTION CERTIFICATE Right to Purchase [__________] Shares of Common StockStock Option Agreement • October 5th, 2007 • Terra Energy & Resource Technologies, Inc. • Oil & gas field exploration services • New York
Contract Type FiledOctober 5th, 2007 Company Industry JurisdictionTHIS CERTIFIES THAT, for value received, [______________] (the “Holder”) is entitled, upon the terms and subject to the conditions hereinafter set forth, at any time on or after [__________] and at or prior to the close of business on [___________________] (the “Expiration Date”), but not thereafter, to subscribe for and purchase from Terra Energy & Resource Technologies, Inc., a Delaware corporation (the “Company”), up to [__________] fully paid and nonassessable shares of the Company’s Common Stock, par value $0.0001 per share (the “Common Stock”) at the Exercise Price (as defined herein).