0001144204-11-027370 Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • May 10th, 2011 • Gran Tierra Energy, Inc. • Crude petroleum & natural gas • Alberta

David Hardy, an individual ordinarily resident in the City of Calgary in the Province of Alberta (the "Executive") (collectively referred to as the "Parties")

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SUPPLEMENTAL WARRANT INDENTURE
Supplemental Warrant Indenture • May 10th, 2011 • Gran Tierra Energy, Inc. • Crude petroleum & natural gas • Alberta

WHEREAS PPL and Valiant Trust Company (the "Original Warrant Agent") entered into a warrant indenture (the "Original Indenture") dated August 28, 2009 to provide for the creation and issuance of 32,671,500 warrants in the capital of PPL (the "Original Warrants"), with each Original Warrant entitling the holder thereof to acquire one common share in the capital of PPL upon the payment of $1.20 in lawful money of Canada (the "Original Exercise Price");

CONSULTING SERVICES AGREEMENT
Consulting Services Agreement • May 10th, 2011 • Gran Tierra Energy, Inc. • Crude petroleum & natural gas • Alberta

David Hardy, an individual ordinarily resident in the City of Calgary in the Province of Alberta (referred to herein as "Contractor")

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