0000788965-07-000020 Sample Contracts

HALLADOR PETROLEUM COMPANY RESTRICTED STOCK UNIT ISSUANCE AGREEMENT
Restricted Stock Unit Issuance Agreement • July 2nd, 2007 • Hallador Petroleum Co • Crude petroleum & natural gas • Colorado

This RESTRICTED STOCK UNIT ISSUANCE AGREEMENT (this “Agreement”) is made and entered into as of June 28, 2007 by and between Hallador Petroleum Company, a Colorado corporation (the “Corporation”), and Victor P. Stabio, an individual (“Participant”).

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AMENDED AND RESTATED CONTINUING GUARANTY
Continuing Guaranty • July 2nd, 2007 • Hallador Petroleum Co • Crude petroleum & natural gas • Indiana

FOR VALUE RECEIVED and in consideration of credit given or to be given, and of other financial accommodations afforded or to be afforded to SUNRISE COAL, LLC, an Indiana limited liability company (hereinafter referred to as “Borrower”), pursuant to that certain Credit Agreement, dated April 19, 2006 (the “Credit Agreement”), as amended by that certain First Amendment to Credit Agreement and Ratification of Loan Documents, by and among the Bank (as defined herein), the Borrower and the Guarantor (as defined herein), dated as of June 28, 2007 (the “Amendment”), and the Loan Documents (as defined in the Amendment) executed or to be executed by and between the Borrower and OLD NATIONAL BANK, (hereinafter referred to as “Bank”), the receipt and sufficiency of which consideration is hereby acknowledged, and as an inducement to the Bank to extend such financial accommodations to the Borrower, the undersigned, HALLADOR PETROLEUM COMPANY, a Colorado corporation (hereinafter referred to as “Guar

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