0001156973-07-000984 Sample Contracts

AMENDMENT, CONSENT AND WAIVER
Amendment, Consent and Waiver • June 18th, 2007 • Canargo Energy Corp • Crude petroleum & natural gas • New York

This AMENDMENT, CONSENT AND WAIVER (this “Agreement”) is made and entered into as of the 13th day of June, 2007 by and among Tethys Petroleum Limited, a company incorporated and existing in the Island of Guernsey (“TPL”) (formerly known as Tethys Petroleum Investments Limited), and the individuals and entities who or which are signatories hereto.

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AMENDMENT, CONSENT AND WAIVER
Note Purchase Agreement • June 18th, 2007 • Canargo Energy Corp • Crude petroleum & natural gas • New York

This AMENDMENT, CONSENT AND WAIVER (this “Agreement”) is made and entered into as of the 13th day of June, 2007 by and among CanArgo Energy Corporation, a Delaware Corporation (“CanArgo”), and the individuals and entities who or which are signatories hereto.

AMENDMENT, CONSENT AND WAIVER
Note Purchase Agreement • June 18th, 2007 • Canargo Energy Corp • Crude petroleum & natural gas • New York

This AMENDMENT, CONSENT AND WAIVER (this “Agreement”) is made and entered into as of the 13th day of June, 2007 by and among CanArgo Energy Corporation, a Delaware Corporation (“CanArgo”) and Persistency, a company incorporated in the Cayman Islands (“Purchaser”).

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