EXECUTIVE EMPLOYMENT AGREEMENT THIS AGREEMENT is made as of the 1st day of October, 2006 BETWEEN:Executive Employment Agreement • October 23rd, 2007 • Ausam Energy Corp • Texas
NORAM RESOURCES, INC. (hereinafter called “Noram” or “Company”), a Texas corporation and subsidiary of Ausam Energy Corporation (hereinafter called “Ausam”).
THE HUFF ENERGY FUND L.P. — SUBSCRIPTION AGREEMENTSubscription Agreement • October 23rd, 2007 • Ausam Energy Corp • New York
The undersigned (hereinafter referred to as the “Subscriber”) hereby irrevocably subscribes for and agrees to purchase one or more Debentures (as hereinafter defined) having an aggregate principal amount equal to the total commitment set forth below (the “Total Commitment”). In addition, upon the initial subscription by the Subscriber pursuant hereto, the Parent shall issue to the Subscriber 22,305,496 Warrants (as hereinafter defined) upon and subject to the terms and conditions set forth in the “Terms and Conditions of Subscription for Debentures and Warrants” attached hereto (together with this face page and all applicable Exhibits, the “Subscription Agreement”).
EXECUTIVE EMPLOYMENT AGREEMENT THIS AGREEMENT made as of the 1st day of April, 2007Executive Employment Agreement • October 23rd, 2007 • Ausam Energy Corp • Alberta
NOW THEREFORE THIS AGREEMENT WITNESSES THAT IN CONSIDERATION of the mutual covenants and agreements herein contained and for other good and valuable consideration, it is agreed by the parties hereto as follows:
EXECUTIVE EMPLOYMENT AGREEMENT THIS AGREEMENT is made as of the 1st day of October, 2006 BETWEEN:Executive Employment Agreement • October 23rd, 2007 • Ausam Energy Corp • Texas
NORAM RESOURCES, INC. (hereinafter called “Noram” or “Company”), a Texas corporation and subsidiary of Ausam Energy Corporation (hereinafter called “Ausam”).
ASSET PURCHASE AGREEMENTAsset Purchase Agreement • October 23rd, 2007 • Ausam Energy Corp • Texas
SKH Management L.P., a Delaware limited partnership having an office at 7700 San Felipe — 5th Floor Houston, Texas 77063 (hereinafter collectively referred to as the “Vendor A”)
EXECUTIVE EMPLOYMENT AGREEMENT THIS AGREEMENT made as of the 1st day of April, 2007Executive Employment Agreement • October 23rd, 2007 • Ausam Energy Corp • Alberta
NOW THEREFORE THIS AGREEMENT WITNESSES THAT IN CONSIDERATION of the mutual covenants and agreements herein contained and for other good and valuable consideration, it is agreed by the parties hereto as follows:
EXECUTIVE EMPLOYMENT AGREEMENT THIS AGREEMENT is made as of the 1st day of April, 2007 BETWEEN:Executive Employment Agreement • October 23rd, 2007 • Ausam Energy Corp • Texas
AUSAM ENERGY CORPORATION (hereinafter called “Ausam”), an Alberta, Canada Corporation, and its wholly owned subsidiary, NORAM RESOURCES, INC. (hereinafter called “Noram”), a Texas corporation, both together hereinafter called the “Company”.
AUSAM ENERGY CORPORATION REGISTRATION RIGHTS AGREEMENT dated as of July 3, 2007Registration Rights Agreement • October 23rd, 2007 • Ausam Energy Corp • New York
This Registration Rights Agreement (this “Agreement”), is made and entered into as of July 3, 2007, by and among Ausam Energy Corporation, a body corporate incorporated pursuant to the laws of the Province of Alberta, Canada (the “Company”) and each of the Holders.
