0000950123-10-060750 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • June 24th, 2010 • American Oil & Gas Inc • Crude petroleum & natural gas • Colorado

This Employment Agreement (the “Agreement”) is entered into by and between American Oil & Gas Inc., a Nevada corporation (the “Company”), and Andrew P. Calerich (“Employee”) on June 17, 2010. Employee and Company are sometimes referred to individually as a “Party” and collectively as the “Parties.”

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AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • June 24th, 2010 • American Oil & Gas Inc • Crude petroleum & natural gas

This Amendment to Employment Agreement (this “Amendment”) is made and entered into as of June 17, 2010, by and among American Oil & Gas Inc. a Nevada corporation (the “Company”) and Peter Loeffler (the “Employee”).

EMPLOYMENT AGREEMENT
Employment Agreement • June 24th, 2010 • American Oil & Gas Inc • Crude petroleum & natural gas • Colorado

This Employment Agreement (the “Agreement”) is entered into as of this 21st day of June, 2010, by and between American Oil & Gas Inc., a Nevada corporation (the “Company”), and Don E. Schroeder (“Employee”) to be effective commencing June 21, 2010 (the “Effective Date”). Employee and Company are sometimes referred to individually as a “Party” and collectively as the “Parties.”

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