0000941302-01-500132 Sample Contracts

EMPLOYMENT AGREEMENT

Employment Agreement • May 18th, 2001 • Sable Management Lp • Wholesale-petroleum & petroleum products (no bulk stations)

• Contract Type
  Employment Agreement
• Filed
  May 18th, 2001
• Company
  Sable Management Lp
• Industry
  Wholesale-petroleum & petroleum products (no bulk stations)

This Employment Agreement ("Agreement") is entered into effective as of May 8, 2001 (the "Effective Date") by and between Plains Resources Inc., a Delaware corporation ("Company"), and James C. Flores ("Employee").

PERFORMANCE STOCK OPTION AGREEMENT

Performance Stock Option Agreement • May 18th, 2001 • Sable Management Lp • Wholesale-petroleum & petroleum products (no bulk stations) • Delaware

• Contract Type
  Performance Stock Option Agreement
• Filed
  May 18th, 2001
• Company
  Sable Management Lp
• Industry
  Wholesale-petroleum & petroleum products (no bulk stations)
• Jurisdiction
  Delaware

THIS AGREEMENT, made as of the 8th day of May, 2001 (the "Grant Date"), between Plains Resources Inc., a Delaware corporation (the "Company"), and James C. Flores (the "Optionee").

STOCK PURCHASE AGREEMENT

Stock Purchase Agreement • May 18th, 2001 • Sable Management Lp • Wholesale-petroleum & petroleum products (no bulk stations) • Texas

• Contract Type
  Stock Purchase Agreement
• Filed
  May 18th, 2001
• Company
  Sable Management Lp
• Industry
  Wholesale-petroleum & petroleum products (no bulk stations)
• Jurisdiction
  Texas

STOCK PURCHASE AGREEMENT (this "Agreement"), dated as of May 8, 2001, by and between Sable Management, L.P., a Delaware limited partnership ("Sable "), and Kayne Anderson Capital Advisors, L.P., a California limited partnership ("KA").