0001193125-10-176010 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • August 4th, 2010 • Magellan Petroleum Corp /De/ • Crude petroleum & natural gas • Delaware

THIS AGREEMENT is made and entered into as of the 2nd day of August 2010 (the “Effective Date”), between and among MAGELLAN PETROLEUM CORPORATION, a Delaware corporation (“Magellan” or “the Company”) and Antoine J. Lafargue an individual residing at 14222 Jade Cove Drive, Houston, TX 77077 (the “Executive”).

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INDEMNIFICATION AGREEMENT
Indemnification Agreement • August 4th, 2010 • Magellan Petroleum Corp /De/ • Crude petroleum & natural gas • Delaware

This Indemnification Agreement (this “Agreement”) is made as of the 2nd day of August, 2010 (the “Effective Date”), by and between Magellan Petroleum Corporation, a Delaware corporation (the “Company”), and Antoine J. Lafargue, an individual residing at 14222 Jade Cove Drive, Houston, TX 77077 (the “Indemnitee”).

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MAGELLAN PETROLEUM CORPORATION NONQUALIFIED STOCK OPTION PERFORMANCE AWARD AGREEMENT
Nonqualified Stock Option Performance Award Agreement • August 4th, 2010 • Magellan Petroleum Corp /De/ • Crude petroleum & natural gas

THIS AGREEMENT is made as of the grant date indicated in Section 3 below (the “Grant Date”), between Magellan Petroleum Corporation, a Delaware corporation (the “Company”), and the undersigned individual (the “Optionee”), pursuant to the Magellan Petroleum Corporation 1998 Stock Incentive Plan, as amended to date (the “Plan”). Terms used but not defined herein shall have the same meaning as in the Plan).

Sample 1
MAGELLAN PETROLEUM CORPORATION NONQUALIFIED STOCK OPTION AWARD AGREEMENT
Nonqualified Stock Option Award Agreement • August 4th, 2010 • Magellan Petroleum Corp /De/ • Crude petroleum & natural gas

THIS AGREEMENT is made as of the grant date indicated in Section 3 below (the “Grant Date”) between Magellan Petroleum Corporation, a Delaware corporation (the “Company”), and the undersigned individual (the “Optionee”), pursuant to the Magellan Petroleum Corporation 1998 Stock Incentive Plan, as amended to date (the “Plan”). Terms used but not defined herein shall have the same meaning as in the Plan.

Sample 1
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