STOCK OPTION AGREEMENT UNDER THE MOGUL ENERGY INTERNATIONAL, INC. (Nonqualified Stock Option)Stock Option Agreement • August 10th, 2007 • Mogul Energy International, Inc. • Crude petroleum & natural gas • Washington
Contract Type FiledAugust 10th, 2007 Company Industry JurisdictionYou have been granted a nonqualified stock option (your “Option”) under the Mogul Energy International, Inc. Stock Incentive Plan (the “Plan”), a copy of which Plan is attached. The key terms of your Option are as follows: