0001144204-08-032386 Sample Contracts

Zulu Energy Corp. Sheridan, Wyoming 82801 Telephone: (307) 751-5517
Option Amendment Agreement • May 28th, 2008 • Zulu Energy Corp. • Crude petroleum & natural gas • Colorado

This letter agreement (the “Agreement”) reflects the terms and conditions under which the holders (individually an “Option Holder” and collectively the “Option Holders”) of options (the “Options”) to purchase shares (the “Shares”) of common stock (the “Common Stock”) of Zulu Energy Corp. (the “Company”) agree to amend their options to temporarily delay their ability to exercise any Option held by such Option Holder.

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