0001193125-06-192617 Sample Contracts

EMPLOYMENT AGREEMENT

Employment Agreement • September 18th, 2006 • Universal Energy Corp. • Services-personal services • Delaware

• Contract Type
  Employment Agreement
• Filed
  September 18th, 2006
• Company
  Universal Energy Corp.
• Industry
  Services-personal services
• Jurisdiction
  Delaware

THIS EMPLOYMENT AGREEMENT (“Agreement”) is made and entered into as of the 15th day of September, 2006 by and between Universal Energy Corp., a Delaware corporation (hereinafter called the “Company”), and Billy Raley (hereinafter called the “Executive”).

STOCK OPTION AGREEMENT

Stock Option Agreement • September 18th, 2006 • Universal Energy Corp. • Services-personal services • Delaware

• Contract Type
  Stock Option Agreement
• Filed
  September 18th, 2006
• Company
  Universal Energy Corp.
• Industry
  Services-personal services
• Jurisdiction
  Delaware

This Stock Option Agreement (this “Agreement”) is made as of September 14, 2006 by and between Universal Energy Corp. (the “Corporation”) and Dyron M. Watford (the “Optionee”).