0001144204-14-073502 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • December 12th, 2014 • Emerald Oil, Inc. • Crude petroleum & natural gas • Colorado

This EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into effective as of January 1, 2015 (the “Effective Date”), by and between Emerald Oil, Inc., a Delaware corporation (the “Company”), and Michael Dickinson (“Employee”). Notwithstanding the foregoing, the provisions of Section 8 shall be effective immediately on the signing of this Agreement by the Company and the Employee.

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EXCHANGE AGREEMENT
Exchange Agreement • December 12th, 2014 • Emerald Oil, Inc. • Crude petroleum & natural gas

This Exchange Agreement (this “Agreement”) is made and entered into on December [__], 2014, by and between Emerald Oil, Inc., a Delaware corporation (the “Company”), and the undersigned holder (the “Holder”) of 2.00% Convertible Senior Notes due 2019 (the “Convertible Notes”) issued by the Company.

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