Common Contracts

CHAIRMAN AGREEMENT

Chairman Agreement • December 4th, 2010 • Texas

• Contract Type
  Chairman Agreement
• Filed
  December 4th, 2010
• Jurisdiction
  Texas

THIS CHAIRMAN AGREEMENT (“Agreement”) is entered into between Contango ORE, Inc., a Delaware corporation (the “Company”), and Kenneth R. Peak (“Mr. Peak”) as of November 1, 2010, to be effective on the date immediately before the distribution of shares of the Company’s common stock to the stockholders of Contango Oil & Gas Company (the “Effective Date”).