0001193125-10-264270 Sample Contracts

AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • November 19th, 2010 • Pgi Energy Fund I Series-2010,inc • Crude petroleum & natural gas

THIS AMENDMENT TO EMPLOYMENT AGREEMENT is made between PGI ENERGY FUND I SERIES-2010, INC., a Texas corporation (the “Company”) and Arael Doolittle (“Executive”), and collectively known as the “the Parties, to become effective as of November 17, 2010 (the “Effective Date”).

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AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • November 19th, 2010 • Pgi Energy Fund I Series-2010,inc • Crude petroleum & natural gas

THIS AMENDMENT TO EMPLOYMENT AGREEMENT is made between PGI ENERGY FUND I SERIES-2010, INC., a Texas corporation (the “Company”) and Carl A. Robinson (“Executive”), and collectively known as the “the Parties, to become effective as of November 17, 2010 (the “Effective Date”).

AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • November 19th, 2010 • Pgi Energy Fund I Series-2010,inc • Crude petroleum & natural gas

THIS AMENDMENT TO EMPLOYMENT AGREEMENT is made between PGI ENERGY FUND I SERIES-2010, INC., a Texas corporation (the “Company”) and Chad Slater (“Executive”), and collectively known as the “the Parties, to become effective as of November 17, 2010 (the “Effective Date”).

AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • November 19th, 2010 • Pgi Energy Fund I Series-2010,inc • Crude petroleum & natural gas

THIS AMENDMENT TO EMPLOYMENT AGREEMENT is made between PGI ENERGY FUND I SERIES-2010, INC., a Texas corporation (the “Company”) and Marcellous S. McZeal (“Executive”), and collectively known as the “the Parties, to become effective as of November 17, 2010 (the “Effective Date”).

PGI ENERGY FUND I SERIES 2010, INC. SUBSCRIPTION AGREEMENT
Subscription Agreement • November 19th, 2010 • Pgi Energy Fund I Series-2010,inc • Crude petroleum & natural gas

The undersigned subscriber (the “Subscriber”) and co-subscriber, if any (the “Co-Subscriber”), desire(s) to subscribe for and purchase shares of common stock, $.01 par value per share (“Common Stock”), of PGI ENERGY FUND I SERIES 2010, Inc., a Texas corporation (the “Company”), to be issued by the Company upon the terms set forth in this Subscription Agreement and pursuant to the Company’s prospectus, filed in Registration Statement Form S-1 File No. 333-168524 filed on August 04, 2010, and all amendments and supplements thereto, if any (the “Prospectus”), related to the offer, sale and issuance (the “Offering”) of up to a maximum of 55,700,000 shares of the Company’s Common Stock (the “Shares”) through Heffernan Capital Management, Bangkok, Thailand in a fully-underwritten, sale of the Shares pursuant a stock subscription agreement under the Prospectus.

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