Common Contracts

2 similar Non-Qualified Stock Option Agreement contracts by BPZ Energy Inc, Transmeridian Exploration Inc

Form of Non-Qualified Stock Option Agreement
Non-Qualified Stock Option Agreement • May 10th, 2007 • Transmeridian Exploration Inc • Crude petroleum & natural gas • Texas

This Non-Qualified Stock Option Agreement (the “Agreement”) is entered into and made as of , 20 (the “Date of Grant”), between Transmeridian Exploration Incorporated, a Delaware corporation (together with its affiliated entities, the “Company”), and (the “Optionee”). The Optionee serves as of the Company, and the Company desires, pursuant to its 2006 Incentive Plan (the “Plan”), to afford an incentive to the Optionee by granting an option to purchase shares of the common stock, par value $0.0006 per share, of the Company (the “Common Stock”).

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BPZ Energy, Inc. Non-Qualified Stock Option Agreement
Non-Qualified Stock Option Agreement • July 6th, 2006 • BPZ Energy Inc • Crude petroleum & natural gas • Texas

This Non-Qualified Stock Option Agreement (the “Agreement”) is entered into and made as of (the “Date of Grant”), between BPZ Energy, Inc., a Colorado corporation, including, without limitation, any of its affiliated entities (the “Company”), and (the “Optionee”). The Optionee currently serves as the of the Company and the Company desires, pursuant to its 2005 Long-Term Incentive Compensation Plan (the “Plan”), to afford an incentive to the Optionee by granting an option to purchase shares of Company’s common stock, no par value (the “Common Stock”).

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