0001144204-08-045272 Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • August 11th, 2008 • Gran Tierra Energy, Inc. • Crude petroleum & natural gas • Alberta
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EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • August 11th, 2008 • Gran Tierra Energy, Inc. • Crude petroleum & natural gas • Alberta

Executive Employment Agreement between Gran Tierra Energy Colombia Ltd., a Utah partnership (the “Partnership”), which is a wholly-owned subsidiary of Gran Tierra Energy Inc., a Nevada corporation (“Gran Tierra”) and Edgar Louis Dyes (the “Executive”, collectively with the Partnership and Gran Tierra, the “Parties”).

AMENDMENT NO. 1 TO COLOMBIAN PARTICIPATION AGREEMENT
Colombian Participation Agreement • August 11th, 2008 • Gran Tierra Energy, Inc. • Crude petroleum & natural gas

THIS AMENDMENT NO. 1 TO COLOMBIAN PARTICIPATION AGREEMENT (this “Amendment”) is entered into as of the 1st day of November, 2006, by and among Argosy Energy International, a Utah limited partnership (“Argosy”), Gran Tierra Energy Inc., a Nevada corporation (“Gran Tierra”), and Crosby Capital, LLC, a Texas limited liability company (“Crosby”). The entities named above may also be referred to herein individually as a “Party” or collectively as the “Parties.” All capitalized terms not otherwise defined herein shall be given the meanings assigned to such terms in that certain Colombian Participation Agreement, dated as of June 22, 2006, by and among Argosy, Gran Tierra, and Crosby (the “Original Participation Agreement”)

COLOMBIAN PARTICIPATION AGREEMENT BY AND AMONG ARGOSY ENERGY INTERNATIONAL, GRAN TIERRA ENERGY INC. AND CROSBY CAPITAL, LLC DATED AS OF JUNE 22, 2006
Colombian Participation Agreement • August 11th, 2008 • Gran Tierra Energy, Inc. • Crude petroleum & natural gas • Texas

This Colombian Participation Agreement (this “Agreement”) is effective as of the Effective Date (as defined below) by and among Argosy Energy International, a Utah limited partnership (“Argosy”), Gran Tierra Energy Inc., a Nevada corporation whose federal tax id number is 98-0479924 (“Gran Tierra”), and Crosby Capital, LLC, a Texas limited liability company (“Crosby”). Argosy and Gran Tierra are referred to herein collectively as the “Co-Obligors.” Argosy, Gran Tierra and Crosby are each individually referred to herein as a “Party,” and collectively as the “Parties.”

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • August 11th, 2008 • Gran Tierra Energy, Inc. • Crude petroleum & natural gas • Alberta

Executive Employment Agreement among Gran Tierra Argentina S.A. (“GTASA”), an Argentine company, a wholly-owned subsidiary of Gran Tierra (defined below), Gran Tierra Energy Inc., a Nevada corporation (“Gran Tierra”) and Rafael Orunesu (hereinafter called the “Executive”, collectively with GTASA and Gran Tierra, the “Parties”). GTSASA and Gran Tierra are sometimes referred to herein as the “Company.”

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