FIRST AMENDMENT TO MAGELLAN PETROLEUM CORPORATION NONQUALIFIED STOCK OPTIONNonqualified Stock Option • December 15th, 2008 • Magellan Petroleum Corp /De/ • Crude petroleum & natural gas
Whereas, Magellan Petroleum Corporation, a Delaware corporation (the “Company”), and the undersigned individual (the “Participant”), have previously entered into an option award agreement dated as of November 28, 2005 (the “Option Agreement”) which evidenced a stock option award (the “Option”) made by the Company to the Optionee under the Company’s 1998 Stock Option Plan (the “Plan”);
