LEGEND OIL AND GAS, LTD. — FORM OF STOCK OPTION AGREEMENT —Stock Option Agreement • February 13th, 2012 • Legend Oil & Gas, Ltd. • Drilling oil & gas wells • Washington
THIS STOCK OPTION AGREEMENT (“Agreement”) is made and entered into as of the date of grant set forth below (“Date of Grant”) by and between Legend Oil and Gas, Ltd., a Colorado corporation (“Company”), and the participant named below (“Participant”). Capitalized terms not defined herein shall have the respective meanings ascribed to them in the Company’s 2011 Stock Incentive Plan (the “Plan”). A copy of the Plan has been provided to Participant.
FORM OF DIRECTOR INDEMNIFICATION AGREEMENTDirector Indemnification Agreement • February 13th, 2012 • Legend Oil & Gas, Ltd. • Drilling oil & gas wells • Colorado
This Indemnification Agreement (the “Agreement”) is made as of , 20 , by and between LEGEND OIL AND GAS, LTD., a Colorado corporation (the “Company”), and [ ] (“Indemnitee”).
