0001060830-05-000078 Sample Contracts

GULFPORT ENERGY CORPORATION STOCK OPTION EXERCISE AGREEMENT
Stock Option Exercise Agreement • February 18th, 2005 • Gulfport Energy Corp • Crude petroleum & natural gas • Delaware

This Stock Option Exercise Agreement (the “Exercise Agreement”) is made and entered into as of _________________ (the “Effective Date”), by and between Gulfport Energy Corporation, a Delaware corporation (the “Company”), and the purchaser named below (the “Purchaser”). Capitalized terms not defined herein shall have the meanings ascribed to them in the Company’s 2005 Stock Incentive Plan (the “Plan”) or the Stock Option Agreement.

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GULFPORT ENERGY CORPORATION STOCK OPTION AGREEMENT
Stock Option Agreement • February 18th, 2005 • Gulfport Energy Corp • Crude petroleum & natural gas • Delaware

This Stock Option Agreement (the “Agreement”) is made and entered into as of the date of grant set forth below (the “Date of Grant”) by and between Gulfport Energy Corporation, a Delaware corporation (the “Company”), and the participant named below (the “Participant”). Capitalized terms not defined herein shall have the meaning ascribed to them in the Company’s 2005 Stock Incentive Plan (the “Plan”).

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