0000950116-97-000995 Sample Contracts

LEASE AGREEMENT
Lease Agreement • May 15th, 1997 • Tellurian Inc /Nj/ • Computer & office equipment • New Jersey
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Purchase Agreement Option
Purchase Agreement • May 15th, 1997 • Tellurian Inc /Nj/ • Computer & office equipment

The LESSEE, has the sole option, at any time during the term of this lease to purchase the property located at 5781 Ellen Avenue, Niagara Falls, Ontario, from 117457 Ontario Inc. to be assigned to Niacan Ltd. as LESSOR, for Three Million Dollars Canadian ($3,000,000.00 - Canadian) Dollars and the purchase may be completed at any time between January 1st, 1998 and July 31st, 1998, failing which this option is null and void and the LESSEE'S tenancy continues to term.

EMPLOYMENT CONTRACT
Employment Agreement • May 15th, 1997 • Tellurian Inc /Nj/ • Computer & office equipment
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