0001157523-06-008957 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • September 6th, 2006 • Online Holdings Inc • Blank checks • Texas

This EMPLOYMENT AGREEMENT (the "Agreement"), entered into on July 27, 2006 and made effective as of May 15, 2006 (the "Effective Date") by and among Standard Drilling, Inc. (referred to as "STANDARD" or the "Company") and Robert T. Moffett ("Executive");

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NONSTATUTORY STOCK OPTION AGREEMENT
Nonstatutory Stock Option Agreement • September 6th, 2006 • Online Holdings Inc • Blank checks • Delaware

AGREEMENT made as of the <DATE> between STANDARD DRILLING, INC., a Delaware corporation (the “Company”), and <Executive>. (“Executive”).

INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • September 6th, 2006 • Online Holdings Inc • Blank checks • Delaware

THIS INCENTIVE STOCK OPTION AGREEMENT (the “Agreement”) is made as of the XX day of <DATE>, XXXX, between STANDARD DRILLING, INC., a Delaware corporation (the “Company”), and <NAME>(“Executive”).

AGREEMENT AND PLAN OF MERGER
Merger Agreement • September 6th, 2006 • Online Holdings Inc • Blank checks • Nevada

THIS AGREEMENT AND PLAN OF MERGER (the “Agreement”), dated as of the 27th day of July, 2006, by and between Online Holdings, Inc., a Nevada corporation (“OHI”), Standard Drilling Acquisition Co., a Delaware corporation (“MERGER SUB”) and Standard Drilling, Inc., a Delaware corporation (“STANDARD DRILLING”).

CONSTRUCTION SERVICES AGREEMENT
Construction Services Agreement • September 6th, 2006 • Online Holdings Inc • Blank checks • Texas

This CONSTRUCTION SERVICES AGREEMENT (this “Agreement”), dated as of May 15, 2006, is entered into by and among Standard Drilling, Inc., a Delaware corporation (the “Company”), Romfor West Africa, Ltd, a Limited Liability Bahamian corporation (“Romfor”), and Stuart Breckon, an individual residing at Houston, Texas (“Breckon” and, together with Romfor, the “Service Providers”).

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