0001019687-09-001976 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • May 28th, 2009 • Petro Resources Corp • Crude petroleum & natural gas • Texas

THIS EMPLOYMENT AGREEMENT (“Agreement”) is entered into on May 22, 2009 (“Effective Date”) by and between Petro Resources Corporation, a Delaware corporation (“Company”), and Ronald D. Ormand (“Executive”).

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NON-STATUTORY STOCK OPTION AGREEMENT
Non-Statutory Stock Option Agreement • May 28th, 2009 • Petro Resources Corp • Crude petroleum & natural gas • Texas

THIS NON-STATUTORY STOCK OPTION AGREEMENT (“Agreement”) is entered into effective as of May 22, 2009 (“Effective Date”) by and between Petro Resources Corporation, a Delaware corporation (“Company”), and Gary C. Evans (“Optionee”).

RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • May 28th, 2009 • Petro Resources Corp • Crude petroleum & natural gas • Texas

THIS RESTRICTED STOCK AGREEMENT (“Agreement”) is entered into on May 22, 2009 by and between Petro Resources Corporation, a Delaware corporation (the “Company”), and Gary C. Evans (the “Recipient”).

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