0000750561-05-000089 Sample Contracts

NONSTATUTORY STOCK OPTION AGREEMENT

Nonstatutory Stock Option Agreement • August 29th, 2005 • Parallel Petroleum Corp • Crude petroleum & natural gas • Texas

• Contract Type
  Nonstatutory Stock Option Agreement
• Filed
  August 29th, 2005
• Company
  Parallel Petroleum Corp
• Industry
  Crude petroleum & natural gas
• Jurisdiction
  Texas

NONSTATUTORY STOCK OPTION AGREEMENT, dated and made effective as of the ______ day of __________ _____ , between PARALLEL PETROLEUM CORPORATION, a Delaware corporation (the “Company”), and ___________ (“Director”), a non-employee director of the Company.