0001144204-16-107519 Sample Contracts

AMENDMENT TO INCENTIVE STOCK OPTION AGREEMENTS
Incentive Stock Option Agreements • June 8th, 2016 • Glori Energy Inc. • Crude petroleum & natural gas

WHEREAS, the Company and the Optionee entered into Incentive Stock Option Agreements under the Glori Energy Inc. 2006 Stock Option and Grant Plan (formerly known as the Glori Oil Limited 2006 Stock Option and Grant Plan (the “Plan”) on March 27, 2007, October 15, 2009, October 15, 2010, December 26, 2011, June 4, 2013, June 4, 2013 and December 16, 2013 (collectively, the “Agreements”);

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SEPARATION AGREEMENT
Separation Agreement • June 8th, 2016 • Glori Energy Inc. • Crude petroleum & natural gas

THIS SEPARATION AGREEMENT (this “Agreement”) is entered into on June 8, 2016 by and between STUART M. PAGE (“Executive”) and GLORI ENERGY INC., Delaware corporation, and its affiliated companies, corporations, business associations, parents and subsidiaries (collectively, “Company”). Executive and Company are sometimes referred to herein as a “Party” and collectively as the “Parties.”

ADVISOR AGREEMENT (BUSINESS ADVISOR)
Advisor Agreement • June 8th, 2016 • Glori Energy Inc. • Crude petroleum & natural gas • Texas

THIS ADVISOR AGREEMENT (this “Agreement”), dated June 8, 2016 (the “Effective Date”), is by and between Glori Energy, Inc., a Delaware corporation (the “Company”), and Stuart Page (“Advisor”).

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