EMPLOYMENT AGREEMENTEmployment Agreement • December 14th, 2007 • Tekoil & Gas Corp • Oil & gas field services, nec • Florida
THIS EMPLOYMENT AGREEMENT (the “Agreement”), executed on May 11, 2007 (the “Execution Date”), but effective as of May 1, 2007 (the “Effective Date”), is entered into by and between MICHAEL VOSBEIN, having an address at 2715 Tannehill Dr., Houston, Texas 77008 (“Employee”), and TEKOIL & GAS CORPORATION, a Delaware Corporation (“Company”).
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • December 14th, 2007 • Tekoil & Gas Corp • Oil & gas field services, nec • Delaware
REGISTRATION RIGHTS AGREEMENT (this “Agreement”), dated as of December 10, 2007, by and between TEKOIL & GAS CORPORATION, a Delaware corporation, with offices located at 5036 Dr. Phillips Blvd., Suite 232, Orlando, Florida 32819 (the “Company”), and the “Buyer” so described on the signature page hereto (referred to as “Buyer”).
ContractTekoil & Gas Corp • December 14th, 2007 • Oil & gas field services, nec • Delaware
THIS WARRANT AND THE SECURITIES ISSUABLE UPON THE EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR ANY APPLICABLE STATE SECURITIES LAWS AND MAY NOT BE SOLD, OFFERED FOR SALE, MORTGAGED, PLEDGED, HYPOTHECATED OR OTHERWISE TRANSFERRED EXCEPT PURSUANT TO (A) AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND ANY APPLICABLE STATE SECURITIES LAWS, OR (B) AN EXEMPTION THEREFROM AND, IF REQUESTED BY THE COMPANY, THE COMPANY HAS RECEIVED AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY TO THE EFFECT THAT THE TRANSFER IS EXEMPT FROM THE REGISTRATION PROVISIONS OF THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS.
PURCHASE AGREEMENTPurchase Agreement • December 14th, 2007 • Tekoil & Gas Corp • Oil & gas field services, nec • Delaware
THIS PURCHASE AGREEMENT (this “Purchase Agreement”) has been executed by the undersigned in connection with an offering (the “Offering”) by Tekoil & Gas Corporation, a Delaware corporation (the “Issuer”), of 3,571,429 units of the Issuer (the “Units”) at $0.28 per Unit, with each Unit consisting of one share of common stock, par value $0.000001 per share (the “Common Stock”), of the Issuer and a warrant (the “Warrant”, and together with the Common Stock, the “Securities”) to purchase one share of Common Stock of the Issuer on appropriate exercise thereunder and subject to the terms thereof. The Securities being subscribed for pursuant to this Purchase Agreement have not been registered under the Securities Act of 1933, as amended (the “1933 Act”). The offer and sale of the Securities is being made in reliance upon Rule 903 of Regulation S promulgated under the 1933 Act. (All dollar amounts in this Purchase Agreement are expressed in U.S. Dollars).
