0000902664-13-001648 Sample Contracts

AGREEMENT AND MUTUAL RELEASE
Mutual Release Agreement • March 20th, 2013 • Equal Energy Ltd. • Crude petroleum & natural gas • New York

This AGREEMENT AND MUTUAL RELEASE (the "Agreement") is made as of March 19, 2013 by and among Equal Energy Ltd. ("Equal Energy" or the "Company"), on the one hand, and Nawar Alsaadi and Adam Arthur Goldstein (each a "Stockholder" and together, the "Stockholders"), on the other. Equal Energy and the Stockholders are collectively the "Parties" and individually a "Party".

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