COMMON STOCK PURCHASE WARRANT To Purchase 6,375,000 Shares of Common Stock of TRANSMERIDIAN EXPLORATION INCORPORATEDWarrant Agreement • May 10th, 2007 • Transmeridian Exploration Inc • Crude petroleum & natural gas • New York
THIS IS TO CERTIFY THAT North Sound Legacy International Ltd., or registered assigns (the “Holder”), is entitled, during the Exercise Period (as hereinafter defined), to purchase from Transmeridian Exploration Incorporated, a Delaware corporation (the “Company”), the Warrant Stock (as hereinafter defined and subject to adjustment as provided herein), in whole or in part, at a purchase price of $2.00 per share, all on and subject to the terms and conditions hereinafter set forth.
INVESTOR RIGHTS AGREEMENTInvestor Rights Agreement • May 10th, 2007 • Transmeridian Exploration Inc • Crude petroleum & natural gas • New York
This Agreement is being entered into pursuant to the Warrant Purchase Agreement, dated as of the date hereof, by and among the Company and the Purchasers (the “Purchase Agreement”).
Form of Non-Qualified Stock Option AgreementNon-Qualified Stock Option Agreement • May 10th, 2007 • Transmeridian Exploration Inc • Crude petroleum & natural gas • Texas
This Non-Qualified Stock Option Agreement (the “Agreement”) is entered into and made as of , 20 (the “Date of Grant”), between Transmeridian Exploration Incorporated, a Delaware corporation (together with its affiliated entities, the “Company”), and (the “Optionee”). The Optionee serves as of the Company, and the Company desires, pursuant to its 2006 Incentive Plan (the “Plan”), to afford an incentive to the Optionee by granting an option to purchase shares of the common stock, par value $0.0006 per share, of the Company (the “Common Stock”).
Form of Restricted Stock Award AgreementRestricted Stock Award Agreement • May 10th, 2007 • Transmeridian Exploration Inc • Crude petroleum & natural gas • Texas
This Restricted Stock Award Agreement (the “Agreement”) is entered into and made as of , 20 (the “Date of Grant”), between Transmeridian Exploration, Inc., a Delaware corporation (together with its affiliated entities, the “Company”), and (the “Grantee”). The Grantee serves as of the Company, and the Company desires, pursuant to its 2003 Stock Compensation Plan (the “Plan”), to pay a portion of the 2006 incentive bonus awarded the Grantee in shares of common stock, par value $0.0006 per share, of the Company (the “Common Stock”), with certain restrictions as described herein.
WARRANT PURCHASE AGREEMENT by and among Transmeridian Exploration Incorporated, as Issuer and Seller and the parties named herein, as Purchasers with respect to Seller’s Warrants to Purchase Common Stock March 15, 2007Warrant Purchase Agreement • May 10th, 2007 • Transmeridian Exploration Inc • Crude petroleum & natural gas • New York
This Warrant Purchase Agreement (the “Agreement”) is made and entered into as of March 15, 2007, by and among Transmeridian Exploration Incorporated, a Delaware corporation (the “Seller”), and each of the persons listed on Schedule 1 hereto (each is individually referred to as a “Purchaser” and collectively, as the “Purchasers”).
