0001104659-06-003639 Sample Contracts

RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • January 25th, 2006 • Particle Drilling Technologies Inc/Nv • Oil & gas field services, nec • Nevada

THIS RESTRICTED STOCK AGREEMENT (this “Agreement”) is made as of the day of , , between PARTICLE DRILLING TECHNOLOGIES, INC., a Nevada corporation (the “Company”), and (“Employee”).

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EMPLOYMENT AGREEMENT
Employment Agreement • January 25th, 2006 • Particle Drilling Technologies Inc/Nv • Oil & gas field services, nec • Texas

THIS EMPLOYMENT AGREEMENT (“Agreement”) is made by and between Particle Drilling Technologies, Inc., a Nevada corporation (“Company”), and Thomas E. Hardisty (“Executive”).

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EMPLOYMENT AGREEMENT
Employment Agreement • January 25th, 2006 • Particle Drilling Technologies Inc/Nv • Oil & gas field services, nec • Texas

THIS EMPLOYMENT AGREEMENT (“Agreement”) is made by and between Particle Drilling Technologies, Inc., a Nevada corporation (“Company”), and Jim B. Terry (“Executive”).

Sample 1
NONSTATUTORY STOCK OPTION AGREEMENT
Nonstatutory Stock Option Agreement • January 25th, 2006 • Particle Drilling Technologies Inc/Nv • Oil & gas field services, nec • Nevada

AGREEMENT made as of the day of , , between PARTICLE DRILLING TECHNOLOGIES, INC., a Nevada corporation (the “Company”), and (“Employee”).

Sample 1
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