0001131312-07-000036 Sample Contracts

RESIGNATION AND SETTLEMENT AGREEMENT
Resignation and Settlement Agreement • March 30th, 2007 • Zion Oil & Gas Inc • Oil & gas field exploration services • Texas

This RESIGNATION AND SETTLEMENT AGREEMENT is made as of the 28th day of March, 2007 (the "Effective Date"), by and between Zion Oil and Gas, Inc., a Delaware corporation, with offices at 6510 Abrams Rd., Suite 300, Dallas, Texas 75231, ("Zion" or the "Company") and Eugene A. Soltero residing at 7127 Hillgreen Drive, Dallas, Texas 75214 ("Soltero").

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