0001104659-06-059186 Sample Contracts

INDEMNITY AGREEMENT
Indemnification Agreement • September 1st, 2006 • Teton Energy Corp • Drilling oil & gas wells • Delaware

This INDEMNITY AGREEMENT (the “Agreement”) is dated as of , and is made by and between Teton Energy Corporation a Delaware corporation (the “Company”), and , an officer or director of the Company (the “Indemnitee”).

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EMPLOYMENT AGREEMENT
Employment Agreement • September 1st, 2006 • Teton Energy Corp • Drilling oil & gas wells • Delaware

THIS EMPLOYMENT AGREEMENT (this “Agreement”), dated as of September 1, 2006 (the “Effective Date”) is entered into by and between Teton Energy Corporation, a Delaware corporation (the “Company”), and Karl F. Arleth, an individual with a physical address at 467 Lariat Loop Drive, Silverthorne, CO 80498 and mailing address of P.O. Box 23507, Silverthorne, CO 80498, (the “Executive”) (collectively, the “Parties,” individually, a “Party”).

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