NAGP Letterhead] PLACEMENT AGENT AGREEMENTPlacement Agent Agreement • May 21st, 2012 • Native American Energy Group, Inc. • Crude petroleum & natural gas • California
Native American Energy Group, Inc., a Delaware corporation (the “Company”) proposes to offer, issue and sell in a private offering up to $5,000,000 of Units comprised of (i) one share of Series B Callable Preferred Stock, par value $0.0001 per share, and (ii) one share of Common Stock, par value $0.001 per share at a price of $1.00 per Unit, and with a minimum investment of 25,000 Units (the “Offering”) to accredited investors only. The Placement Agent hereby confirms its agreement with the Company whereby the Placement Agent will act as a non-exclusive Placement Agent for the Offering on a best efforts basis and in accordance with the basic terms and conditions set forth herein (the “Agreement”). The Company and the Placement Agent may be referred to herein each individually as a “Party” and collectively as the “Parties.”
