0001193125-06-233096 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • November 13th, 2006 • Tekoil & Gas Corp • Oil & gas field services, nec • Newfoundland and Labrador

THIS EMPLOYMENT AGREEMENT (the “Agreement”), effective as of June 1st, 2006 is entered into by and between DONNA PARSONS, having an address at 1 Edmonton Place, in the City of St. John’s, in the Province of Newfoundland and Labrador, postal code AlA 2N6 (the “Employee”) and TEKOIL RIG DEVELOPMENT CORPORATION, a corporation duly incorporated under the laws of the Province of Newfoundland and Labrador (the “Employer”).

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Mortgage
Mortgage • November 13th, 2006 • Tekoil & Gas Corp • Oil & gas field services, nec

TEKOIL & GAS CORPORATION, a body corporate, duly registered to carry on business in the Province of Newfoundland and Labrador, Canada.

STOCK GRANT AND REPURCHASE AGREEMENT
Stock Grant and Repurchase Agreement • November 13th, 2006 • Tekoil & Gas Corp • Oil & gas field services, nec • Florida

THIS STOCK GRANT AND REPURCHASE AGREEMENT (the “Agreement”), effective as of June 1st, 2006 is entered into by and between DONNA PARSONS, having an address at 1 Edmonton Place, in the City of St. John’s, in the Province of Newfoundland and Labrador, postal code A1A 2N6 (the “Employee”), and TEKOIL & GAS CORPORATION, a Delaware corporation (the “Company”).

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