0000949353-07-000459 Sample Contracts

AMENDED FORBEARANCE AGREEMENT BETWEEN GALAXY ENERGY CORPORATION AND BRUNER FAMILY TRUST UTD MARCH 28, 2005 DATED EFFECTIVE JUNE 30, 2007

Amended Forbearance Agreement • July 16th, 2007 • Galaxy Energy Corp • Crude petroleum & natural gas

• Contract Type
  Amended Forbearance Agreement
• Filed
  July 16th, 2007
• Company
  Galaxy Energy Corp
• Industry
  Crude petroleum & natural gas

This Amended Forbearance Agreement (this “Agreement”) is dated to be effective as of June 30, 2007, and is entered into by and between Galaxy Energy Corporation, a Colorado corporation (“Borrower”) and Bruner Family Trust UTD March 28, 2005 (“Note Holder”).