OPTION AWARD AGREEMENT Miller Energy Resources, Inc. Huntsville, TN 37756Option Award Agreement • October 5th, 2012 • Miller Energy Resources, Inc. • Crude petroleum & natural gas
We are pleased to advise you that, on [________] the Board of Directors of Miller Petroleum, Inc. authorized the Award to you of an option to purchase [________] shares of our common stock, par value $0.0001 per share (the “Option”), upon the following terms and conditions:
OPTION AWARD AGREEMENT MILLER PETROLEUM, INC. Huntsville, TN 37756Option Award Agreement • October 5th, 2012 • Miller Energy Resources, Inc. • Crude petroleum & natural gas • Tennessee
We are pleased to advise you that, on [____], the Board of Directors of Miller Petroleum, Inc. authorized the Award to you of an option to purchase [____]shares of our common stock, par value $0.0001 per share (the “Option”), pursuant to the Miller Petroleum, Inc. Stock Plan (the “Plan”) and upon the following terms and conditions:
COMMON STOCK PURCHASE WARRANTMiller Energy Resources, Inc. • October 5th, 2012 • Crude petroleum & natural gas
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Bristol Capital, LLC (the “Holder”), is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to the close of business on the five year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Miller Energy Resources, Inc., a Tennessee corporation (the “Company”), up to [_______] shares (the “Warrant Shares”) of Common Stock, par value $0.001 per share, of the Company (the “Common Stock”). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
