0001019687-10-002897 Sample Contracts

NON-STATUTORY STOCK OPTION AGREEMENT
Non-Statutory Stock Option Agreement • August 6th, 2010 • Magnum Hunter Resources Corp • Crude petroleum & natural gas • Texas

THIS NON-STATUTORY STOCK OPTION AGREEMENT (“Agreement”) executed March __, 2010 but effective as of February 11, 2010, by and between MAGNUM HUNTER RESOURCES CORPORATION, a Delaware corporation (“Corporation”), and Ronald D. Ormand (“Optionee”).

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NON-STATUTORY STOCK OPTION AGREEMENT
Non-Statutory Stock Option Agreement • August 6th, 2010 • Magnum Hunter Resources Corp • Crude petroleum & natural gas • Texas

THIS NON-STATUTORY STOCK OPTION AGREEMENT (“Agreement”) executed March __, 2010 but effective as of February 11, 2010, by and between MAGNUM HUNTER RESOURCES CORPORATION, a Delaware corporation (“Corporation”), and Donald L. Kirkendall (“Optionee”).

AMENDMENT TO
Non-Statutory Stock Option Agreement • August 6th, 2010 • Magnum Hunter Resources Corp • Crude petroleum & natural gas

This Amendment to Non-Statutory Stock Option Agreement (this “Amendment”) is entered into effective as of July 15, 2010 (the “Effective Date”), by and between Magnum Hunter Resources Corporation, a Delaware corporation (the “Company”), and Herschal C. Ferguson, III (“Optionee”).

AMENDMENT TO
Non-Statutory Stock Option Agreement • August 6th, 2010 • Magnum Hunter Resources Corp • Crude petroleum & natural gas

This Amendment to Non-Statutory Stock Option Agreement (this “Amendment”) is entered into effective as of July 15, 2010 (the “Effective Date”), by and between Magnum Hunter Resources Corporation, a Delaware corporation (the “Company”), and Donald L. Kirkendall (“Optionee”).

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