TERRA ENERGY & RESOURCE TECHNOLOGIES, INC. STOCK OPTION CERTIFICATEStock Option Certificate • August 20th, 2007 • Terra Energy & Resource Technologies, Inc. • Oil & gas field exploration services • New York
THIS CERTIFIES THAT, for value received, [______________________________] (the “Holder”) is entitled, upon the terms and subject to the conditions hereinafter set forth, at any time on or after August 13, 2007 and at or prior to the close of business on August 12, 2012 (the “Expiration Date”), but not thereafter, to subscribe for and purchase from Terra Energy & Resource Technologies, Inc., a Delaware corporation (the “Company”), up to [________] fully paid and nonassessable shares of the Company’s Common Stock, par value $0.0001 per share (the “Common Stock”) at the Exercise Price (as defined herein).
