0001144204-13-027064 Sample Contracts

THIRD AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • May 8th, 2013 • Emerald Oil, Inc. • Crude petroleum & natural gas • Colorado

This THIRD AMENDMENT (this “Third Amendment”) to that certain Amended and Restated Employment Agreement, dated on or about August 28, 2012, as amended effective as of October 15, 2012 and further amended effective as of March 16, 2013 (the “Employment Agreement”) by and between Emerald Oil, Inc., a Montana corporation (the “Company”), and McAndrew Rudisill (“Employee”) is made to be effective as of May 8, 2013. Capitalized words and phrases used in this Amendment but not defined herein shall have the meanings set forth in the Employment Agreement. Employee and the Company are referred to collectively herein as the “Parties.”

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THIRD AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • May 8th, 2013 • Emerald Oil, Inc. • Crude petroleum & natural gas • Colorado

This THIRD AMENDMENT (this “Third Amendment”) to that certain Amended and Restated Employment Agreement, dated on or about August 28, 2012, as amended effective as of October 15, 2012 and further amended effective as of March 16, 2013 (the “Employment Agreement”) by and between Emerald Oil, Inc., a Montana corporation (the “Company”), and Mike Krzus (“Employee”) is made to be effective as of May 8, 2013. Capitalized words and phrases used in this Amendment but not defined herein shall have the meanings set forth in the Employment Agreement. Employee and the Company are referred to collectively herein as the “Parties.”

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