GRAN TIERRA ENERGY INC. OPTION AGREEMENT (NONSTATUARY STOCK OPTION)Option Agreement • December 21st, 2007 • Gran Tierra Energy, Inc. • Crude petroleum & natural gas
Pursuant to your Option Grant Notice (“Grant Notice”) and this Option Agreement, Gran Tierra Energy Inc. (the “Company”) has granted you an Option under its 2007 Equity Incentive Plan (the “Plan”) to purchase the number of shares of the Company’s Common Stock indicated in your Grant Notice at the exercise price indicated in your Grant Notice. Defined terms not explicitly defined in this Option Agreement but defined in the Plan shall have the same definitions as in the Plan.
