ContractControl Agreement • November 5th, 2007 • Park Place Energy Corp. • Crude petroleum & natural gas • British Columbia
EXHIBIT 4.7 CHANGE OF CONTROL AGREEMENT THIS AGREEMENT made effective as of the 1st day of January, 2007. BETWEEN: PARK PLACE ENERGY INC. (the "Company") AND: GEORGE TSAFALAS (the "Consultant") WHEREAS: (A) The Consultant is presently engaged by the Company under a Consulting Contract; (B) The Company and the Consultant are desirous of having certain rights and benefits in the event that the Consultant's engagement with the Company is terminated in a manner set forth hereinafter; (C) The Company wishes to retain the benefit of the Consultant's services and to ensure that the Consultant is able to carry out his responsibilities with the Company free from any distractions associated with any potential change in the ownership or control of the Company or its assets; NOW THEREFORE in consideration of the premises and the mutual covenants and agreements hereinafter contained, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by each o
PARK PLACE ENERGY INC. Suite 1220, Park Place 666 Burrard Street Vancouver, B.C. V6C 2X8Park Place Energy Corp. • November 5th, 2007 • Crude petroleum & natural gas
The following are the terms and conditions upon which Park Place Energy Inc. (the "Company") is prepared to contract with you to provide your services to the Company. By signing this letter agreement you accept the following terms and conditions:
ContractPark Place Energy Corp. • November 5th, 2007 • Crude petroleum & natural gas
September 26, 2007 David Stadnyk c/o Suite 1220 - 666 Burrard Street Vancouver, BC V6C 2X8 Dear Mr. Stadnyk: Re: Management Services Agreement This letter will serve to confirm our agreement wherein, for good and valuable consideration, the receipt and sufficiency which is hereby acknowledged, we have agreed to amend that Management Services Agreement between Park Place Energy Inc. ("Park Place Inc.") and David Stadnyk ("Stadnyk") dated January 1, 2007 (the "Management Services Agreement") and that Change of Control Agreement between Park Place Inc. and Stadnyk dated January 1, 2007 (the "Change of Control Agreement") as follows:
PARK PLACE ENERGY CORP. STOCK OPTION AGREEMENT (2007 Stock Option Plan - [Director, Officer or Consultant])Stock Option Agreement • November 5th, 2007 • Park Place Energy Corp. • Crude petroleum & natural gas • British Columbia
This STOCK OPTION AGREEMENT is made effective as of this ____ day of _______________, 20___ between PARK PLACE ENERGY CORP., a Nevada corporation (the "Company") and _____________________________________________ (the "[Director, Officer or Consultant]").
ContractPark Place Energy Corp. • November 5th, 2007 • Crude petroleum & natural gas
September 26, 2007 George Tsafalas c/o Suite 1220 - 666 Burrard Street Vancouver, BC V6C 2X8 Dear Mr. Tsafalas: Re: Management Services Agreement This letter will serve to confirm our agreement wherein, for good and valuable consideration, the receipt and sufficiency which is hereby acknowledged, we have agreed to amend that Management Services Agreement between Park Place Energy Inc. ("Park Place Inc.") and George Tsafalas ("Tsafalas") dated January 1, 2007 (the "Management Services Agreement") and that Change of Control Agreement between Park Place Inc. and Tsafalas dated January 1, 2007 (the "Change of Control Agreement") as follows:
