0001140361-07-015909 Sample Contracts

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

You 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:

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