GLORI ENERGY INC. 2014 LONG TERM INCENTIVE PLAN EMPLOYEE INCENTIVE STOCK OPTION AWARD AGREEMENTGlori Energy Inc. • December 29th, 2014 • Crude petroleum & natural gas • Texas
Company FiledDecember 29th, 2014 Industry JurisdictionGlori Energy Inc. (the “Company”), pursuant to the Glori Energy Inc. 2014 Long Term Incentive Plan (the “Plan”), hereby awards to you, the above-named Grantee, effective as of the Grant Date set forth above, an incentive stock option (the “Option”) to purchase ____ shares (the “Shares”) of the Company’s Common Stock, $0.0001 par value per share (the “Common Stock”) for the exercise price set forth above for each Share subject to the Option, subject to adjustment as provided in the Plan. The Option is exercisable in installments in accordance with the Vesting Schedule set forth above (provided that you do not incur a Termination of Employment prior to ________ of the Grant Date) with the exercise price payable at the time of exercise. To the extent not exercised, installments shall be cumulative and may be exercised in whole or in part until the Option terminates. The Option may not be exercised after the Expiration Date. The Option is intended to satisfy the requirements of section 422
GLORI ENERGY INC. 2014 LONG TERM INCENTIVE PLAN EMPLOYEE NONQUALIFIED STOCK OPTION AWARD AGREEMENTGlori Energy Inc. • December 29th, 2014 • Crude petroleum & natural gas • Texas
Company FiledDecember 29th, 2014 Industry JurisdictionGlori Energy Inc. (the “Company”), pursuant to the Glori Energy Inc. 2014 Long Term Incentive Plan (the “Plan”), hereby awards to you, the above-named Grantee, effective as of the Grant Date set forth above, a nonqualified stock option (the “Option”) to purchase ____ shares (the “Shares”) of the Company’s Common Stock, $0.0001 par value per share (the “Common Stock”) for the exercise price set forth above for each Share subject to the Option, subject to adjustment as provided in the Plan. The Option is exercisable in installments in accordance with the Vesting Schedule set forth above (provided that you do not incur a Termination of Employment prior to ________ of the Grant Date) with the exercise price payable at the time of exercise. To the extent not exercised, installments shall be cumulative and may be exercised in whole or in part until the Option terminates. The Option may not be exercised after the Expiration Date.
GLORI ENERGY INC. 2014 LONG TERM INCENTIVE PLAN CONSULTANT NONQUALIFIED STOCK OPTION AWARD AGREEMENTGlori Energy Inc. • December 29th, 2014 • Crude petroleum & natural gas • Texas
Company FiledDecember 29th, 2014 Industry JurisdictionGlori Energy Inc. (the “Company”), pursuant to the Glori Energy Inc. 2014 Long Term Incentive Plan (the “Plan”), hereby awards to you, the above-named Grantee, effective as of the Grant Date set forth above, a nonqualified stock option (the “Option”) to purchase ____ shares (the “Shares”) of the Company’s Common Stock, $0.0001 par value per share (the “Common Stock”) for the exercise price set forth above for each Share subject to the Option, subject to adjustment as provided in the Plan. The Option is exercisable in installments in accordance with the Vesting Schedule set forth above provided that you do not incur a termination of service with the Company and all of its Affiliates (a “Termination of Service”) prior to ________ of the Grant Date) with the exercise price payable at the time of exercise. To the extent not exercised, installments shall be cumulative and may be exercised in whole or in part until the Option terminates. The Option may not be exercised after the Expiration D