0001144204-10-028929 Sample Contracts

TERMINATION AGREEMENT
Termination Agreement • May 19th, 2010 • American Eagle Energy Inc. • Miscellaneous metal ores

ETERNAL ENERGY CORP., a body corporate having offices in the City of Littleton, in the State of Colorado (“Eternal”) - and - FAIRWAY EXPLORATION LLC., a body corporate having offices in the City of Littleton, in the State of Colorado (“Fairway”) - and - PROSPECTOR OIL, INC., a body corporate having offices in the City of Billings, in the State of Montana (“Prospector”) - and - PEBBLE PETROLEUM INC., a body corporate having offices in the City of Vancouver, in the Province of British Columbia (“Pebble”)

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TERMINATION AGREEMENT
Termination Agreement • May 19th, 2010 • American Eagle Energy Inc. • Miscellaneous metal ores

ETERNAL ENERGY CORP., a body corporate having offices in the City of Littleton, in the State of Colorado (“Eternal”) - and - FAIRWAY EXPLORATION LLC., a body corporate having offices in the City of Littleton, in the State of Colorado (“Fairway”) - and - PROSPECTOR OIL, INC., a body corporate having offices in the City of Billings, in the State of Montana (“Prospector”) - and - PEBBLE PETROLEUM INC., a body corporate having offices in the City of Vancouver, in the Province of British Columbia (“Pebble”) - and - STEVEN SWANSON, an individual residing in the City of Littleton, in the State of Colorado (“Swanson”) - and - RICHARD L. FINDLEY, an individual residing in the City of Billings, in the State of Montana (“Findley”) - and - THOMAS G. LANTZ, an individual residing in the City of Littleton, in the State of Colorado (“Lantz”) - and - RYLAND OIL CORPORATION, a body corporate having offices in the City of Vancouver, in the Province of British Columbia (“Ryland”)

TERMINATION AGREEMENT
Termination Agreement • May 19th, 2010 • American Eagle Energy Inc. • Miscellaneous metal ores

ETERNAL ENERGY CORP., a body corporate having offices in the City of Littleton, in the State of Colorado (“Eternal”) - and - FAIRWAY EXPLORATION LLC., a body corporate having offices in the City of Littleton, in the State of Colorado (“Fairway”) - and - PROSPECTOR OIL, INC., a body corporate having offices in the City of Billings, in the State of Montana (“Prospector”) - and - PEBBLE PETROLEUM INC., a body corporate having an office in the City of Vancouver, in the Province of British Columbia (“Pebble”) - and - ROVER RESOURCES INC., a body corporate having offices in the City of Vancouver, in the Province of British Columbia (“Rover”) - and - STEVEN SWANSON, an individual residing in the City of Littleton, in the State of Colorado (“Swanson”) - and - RICHARD L. FINDLEY, an individual residing in the City of Billings, in the State of Montana (“Findley”) - and - THOMAS G. LANTZ, an individual residing in the City of Littleton, in the State of Colorado (“Lantz”) - and - RYLAND OIL CORPOR

TERMINATION AGREEMENT
Termination Agreement • May 19th, 2010 • American Eagle Energy Inc. • Miscellaneous metal ores

ETERNAL ENERGY CORP., a body corporate having offices in the City of Littleton, in the State of Colorado (“Eternal”) - and - FAIRWAY EXPLORATION LLC., a body corporate having offices in the City of Littleton, in the State of Colorado (“Fairway”) - and - PROSPECTOR OIL, INC., a body corporate having offices in the City of Billings, in the State of Montana (“Prospector”) - and - PEBBLE PETROLEUM INC., a body corporate having offices in the City of Vancouver, in the Province of British Columbia (“Pebble”) - and - ROVER RESOURCES, INC., a body corporate having offices in the City of Vancouver, in the Province of British Columbia (“Rover”)

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