MAGELLAN PETROLEUM CORPORATION NONQUALIFIED STOCK OPTIONNonqualified Stock Option Agreement • November 30th, 2005 • Magellan Petroleum Corp /De/ • Crude petroleum & natural gas
Contract Type FiledNovember 30th, 2005 Company IndustryTHIS AGREEMENT, made as of the grant date indicated in Section 3 below, and between Magellan Petroleum Corporation, a Delaware corporation (the “Company”), and the undersigned individual (the “Optionee”), pursuant to the Magellan Petroleum Corporation 1998 Stock Option Plan (the “Plan”). (Terms not defined herein shall have the same meaning as in the Plan.)