0001140361-07-002575 Sample Contracts

Contract
Director Appointment Agreement • February 6th, 2007 • Mogul Energy International, Inc. • Crude petroleum & natural gas

Further to our recent meeting in Calgary and telephone discussions I am writing to confirm your appointment as a Director of Mogul Energy International, Inc. (the “Company”) effective as of today’s date.

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SUBSCRIPTION AGREEMENT
Subscription Agreement • February 6th, 2007 • Mogul Energy International, Inc. • Crude petroleum & natural gas • New York

This Subscription Agreement (this “Agreement”) by and between _______________ (the “Subscriber”), and Mogul Energy International, Inc., a Delaware Corporation (the “Company”).

SUBSCRIPTION AGREEMENT
Subscription Agreement • February 6th, 2007 • Mogul Energy International, Inc. • Crude petroleum & natural gas • New York

Subscription Agreement (“Agreement”) by and between _________ [ an individual] [a _________ corporation] (the “Subscriber”) and Mogul Energy International, Inc., a Delaware Corporation (the “Company”).

SUBSCRIPTION AGREEMENT
Subscription Agreement • February 6th, 2007 • Mogul Energy International, Inc. • Crude petroleum & natural gas • New York

Subscription Agreement (“Agreement”) by and between _____________________ [an individual] [a ________________ corporation] (the “Subscriber”) and Mogul Energy International, Inc., a Delaware Corporation (the “Company”).

Contract
Office Lease Agreement • February 6th, 2007 • Mogul Energy International, Inc. • Crude petroleum & natural gas

This Office Space Lease is made and entered into as of the 23rd day of September 2005 by and between The Law Office of Mussehl & Khan (Landlord) and Mogul Energy International, Inc. (Tenant).

SETTLEMENT AGREEMENT
Settlement Agreement • February 6th, 2007 • Mogul Energy International, Inc. • Crude petroleum & natural gas

WHEREAS; Awad and TransPacific entered into agreements with MEII, and other parties, with regards to farming-out of the East Wadi Araba Concession-Gulf of Suez, Egypt (“EWA”), such agreements were dated, August 6 & 7, 2005, December 9, 2005, March 30, 2006 and April 13, 2006 (the “Agreements”).

SUBSCRIPTION AGREEMENT
Subscription Agreement • February 6th, 2007 • Mogul Energy International, Inc. • Crude petroleum & natural gas • New York

Subscription Agreement (“Agreement”) by and between _____________________ [an individual] [a ________________ corporation] (the “Subscriber”) and Mogul Energy International, Inc., a Delaware Corporation (the “Company”).

MOGUL ENERGY LTD. of Vancouver, in the Province of British Columbia (hereinafter called “MEL or Assignor”) and MOGUL ENERGY INTERNATIONAL, INC. of Seattle, in the State of Washington, U.S.A. (hereinafter called “MEII or Assignee”)
Assignment Agreement • February 6th, 2007 • Mogul Energy International, Inc. • Crude petroleum & natural gas

WHEREAS MEL does hold 25% of the mineral interests in lands as listed on the attached Schedule ‘A’, and MEL has agreed to assign unto MEII all of the interests in its right, title, estate and interest in, to and under the said leases.

SUBSCRIPTION AGREEMENT
Subscription Agreement • February 6th, 2007 • Mogul Energy International, Inc. • Crude petroleum & natural gas • New York

Subscription Agreement (“Agreement”) by and between [an individual] [a ________________ corporation] (the “Subscriber”) and Mogul Energy International, Inc., a Delaware Corporation (the “Company”).

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