0001193125-07-057216 Sample Contracts

370,000 Shares Transmeridian Exploration Incorporated 15% Senior Redeemable Convertible Preferred Stock Purchase Agreement
Purchase Agreement • March 16th, 2007 • Transmeridian Exploration Inc • Crude petroleum & natural gas • New York

Transmeridian Exploration Incorporated, a Delaware corporation (the “Company”), proposes to issue and sell to you, as the initial purchaser (the “Initial Purchaser”) 370,000 shares (the “Securities”) of its 15% senior redeemable convertible preferred stock, par value $0.0006 per share. The Securities will be in certain circumstances convertible into shares (the “Underlying Securities”) of common stock of the Company, par value $0.0006 per share (the “Common Stock”).

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EXECUTIVE EMPLOYMENT AGREEMENT
Waiver and Release • March 16th, 2007 • Transmeridian Exploration Inc • Crude petroleum & natural gas • Texas

This EXECUTIVE EMPLOYMENT AGREEMENT (this “Agreement”), effective as of the date fully executed by both Parties hereto as set forth on the signature page below, is made and entered into by and between Transmeridian Exploration Incorporated (the “Company”), a Delaware corporation with its principal place of business in Harris County, Texas, and (“Executive”), an individual resident of , Texas.

CONTRACT for production of hydrocarbons in South Alibek Oil Field located within the limits of blocks XXII-23 A (partially), D (partially), and E (partially) in the territory of Mugalzhar (Mugodzhar) region, Aktyubinskaya Oblast, Republic of...
Contract • March 16th, 2007 • Transmeridian Exploration Inc • Crude petroleum & natural gas

This Contract for the Production of Hydrocarbons in the South Alibek Oil Field located within the limits of blocks XXII-23 A (partially), D (partially), and E (partially) in the territory of Mugalzhar (Mugodzhar) region, Aktyubinskaya Oblast, Republic of Kazakhstan, is entered into on December 29, 2006 by and between:

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