0001035704-06-000728 Sample Contracts

INFINITY ENERGY RESOURCES, INC. FORM OF NONQUALIFIED STOCK OPTION AGREEMENT

Nonqualified Stock Option Agreement • October 16th, 2006 • Infinity Energy Resources, Inc • Oil & gas field services, nec • Delaware

• Contract Type
  Nonqualified Stock Option Agreement
• Filed
  October 16th, 2006
• Company
  Infinity Energy Resources, Inc
• Industry
  Oil & gas field services, nec
• Jurisdiction
  Delaware

This Nonqualified Stock Option Agreement (the “Agreement”), made as of the ___day of ___, 200___, by and between Infinity Energy Resources, Inc., a corporation duly formed and existing under the laws of Delaware (the “Company”), and ___(the “Participant”).

INFINITY ENERGY RESOURCES, INC. FORM OF INCENTIVE STOCK OPTION AGREEMENT

Incentive Stock Option Agreement • October 16th, 2006 • Infinity Energy Resources, Inc • Oil & gas field services, nec • Delaware

• Contract Type
  Incentive Stock Option Agreement
• Filed
  October 16th, 2006
• Company
  Infinity Energy Resources, Inc
• Industry
  Oil & gas field services, nec
• Jurisdiction
  Delaware

This Incentive Stock Option Agreement (the “Agreement”), made as of the ___day of ___, 200___, and between Infinity Energy Resources, Inc., a corporation duly formed and existing under the laws of Delaware (the “Company”), and ___(the “Participant”).