0001140361-08-023590 Sample Contracts

NONSTATUTORY STOCK OPTION AGREEMENT
Nonstatutory Stock Option Agreement • October 22nd, 2008 • International Energy, Inc. • Services-business services, nec • Nevada

THIS NONSTATUTORY STOCK OPTION AGREEMENT (“Agreement”) is made and entered into as of the date set forth below, by and between International Energy, Inc., a Nevada corporation (the “Company”), and the following Director of the Company (“Optionee”):

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International Energy, Inc.
International Energy, Inc. • October 22nd, 2008 • Services-business services, nec • New York

You shall be employed by the Company as its President and Chief Executive Officer; in performance of your duties, you shall be subject to the direction of, and be reporting directly to, the Company's Board of Directors (the "Board"); provided that, if requested by the Board, you will immediately resign as an officer of the Company. You shall be available to travel as the needs of the business require. You agree to devote your full business time, energy and skill to the duties assigned to you by the Board.

AGREEMENT
Agreement Agreement • October 22nd, 2008 • International Energy, Inc. • Services-business services, nec

AGREEMENT (this “Agreement”) dated as of October 15, 2008, by and between Gregory O’Reilly, a resident of the State of New Jersey (the “Executive”), and International Energy Inc., a Nevada corporation (the “Company”).

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