0001173473-06-000047 Sample Contracts

Contract
Warrant Agreement • May 4th, 2006 • Quest Oil Corp • Crude petroleum & natural gas • Nevada

THIS WARRANT AND THE SHARES OF COMMON STOCK ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”) OR ANY STATE SECURITIES LAWS AND MAY NOT BE SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF UNLESS REGISTERED UNDER THE SECURITIES ACT AND UNDER APPLICABLE STATE SECURITIES LAWS OR THE ISSUER SHALL HAVE RECEIVED AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE ISSUER THAT REGISTRATION OF SUCH SECURITIES UNDER THE SECURITIES ACT AND UNDER THE PROVISIONS OF APPLICABLE STATE SECURITIES LAWS IS NOT REQUIRED.

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EMPLOYMENT AGREEMENT
Employment Agreement • May 4th, 2006 • Quest Oil Corp • Crude petroleum & natural gas • Nevada

This Employment Agreement, is made as of April 24, 2006 and effective as of May 1, 2006 (the “Effective Date”), by and between Joseph Wallen (“Employee”) and Quest Oil Corporation, a Nevada corporation (the “Company”). In consideration of the premises and for other good and valuable consideration, and with the intent to be legally bound, the parties hereto agree as follows:

CONSULTING AGREEMENT
Consulting Agreement • May 4th, 2006 • Quest Oil Corp • Crude petroleum & natural gas • Nevada

This Consulting Agreement (the “Agreement”), is made on April 24, 2006 and is effective as of May 1, 2006 (the “Effective Date”) between Quest Oil Corporation, a Nevada corporation, (hereinafter referred to as the “Company”) and Jerry Pence (the “Consultant”).

SETTLEMENT AGREEMENT AND RELEASE
Settlement Agreement • May 4th, 2006 • Quest Oil Corp • Crude petroleum & natural gas • Nevada
OFFICE SPACE SUBLEASE
Office Space Sublease • May 4th, 2006 • Quest Oil Corp • Crude petroleum & natural gas • California

This office space sublease (the “Sublease”) is made between Quest Oil Corporation, a Nevada corporation (“Tenant”) and Business Consulting Group Unlimited, Inc. (“Sublessor”). This Sublease supercedes any and all previous sublease agreements between Sublessor and Tenant which are hereby surrendered and terminated.

CONSULTING AGREEMENT
Consulting Agreement • May 4th, 2006 • Quest Oil Corp • Crude petroleum & natural gas • Nevada

This Consulting Agreement (the “Agreement”), is made on April 24, 2006 and is effective as of May 1, 2006 (the “Effective Date”) between Quest Oil Corporation, a Nevada corporation, (hereinafter referred to as the “Company”) and Luis Leung (the “Consultant”).

CONSULTING AGREEMENT
Consulting Agreement • May 4th, 2006 • Quest Oil Corp • Crude petroleum & natural gas • Nevada

This Consulting Agreement (the “Agreement”), is made on April 24, 2006 and is effective as of May 1, 2006 (the “Effective Date”) between Quest Oil Corporation, a Nevada corporation, (hereinafter referred to as the “Company”) and Cameron King (the “Consultant”).

OPERATING AGREEMENT
Operating Agreement • May 4th, 2006 • Quest Oil Corp • Crude petroleum & natural gas • California

This Operating Agreement (the “Agreement”), is made on April 24, 2006 and is effective as of May 1, 2006 (the “Effective Date”) between Quest Oil Corporation, a Nevada corporation, (hereinafter referred to as the “Company”) and Business Consulting Group Unlimited, Inc., a Nevada corporation (the “Consultant”).

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