AWARD AGREEMENT UNDER THE VAALCO ENERGY, INC.Award Agreement • December 15th, 2006 • Vaalco Energy Inc /De/ • Crude petroleum & natural gas
THIS AWARD AGREEMENT (the “Agreement”) is entered into this 12th day of December, 2006 (the “Grant Date”), between VAALCO Energy, Inc., a Delaware corporation (the “Company”) and (“Grantee”), pursuant to the provisions of the VAALCO Energy, Inc. 2001 Stock Incentive Plan (the “Plan”). The Plan Administrator of the Company has determined that Grantee is eligible to participate as a Grantee under the Plan, and, to carry out its purposes, has this day authorized the grant, pursuant to the Plan, of the option set forth below to Grantee.
