EMPLOYMENT AGREEMENTEmployment Agreement • June 29th, 2011 • Lucas Energy, Inc. • Crude petroleum & natural gas • Texas
This Employment Agreement (this "Agreement") is entered into this 8th day of June, 2011 by and between Lucas Energy, Inc. ("Company"), and K. Andrew Lai ("Executive").
LUCAS ENERGY, INC. Non-Qualified Stock Option AgreementNon-Qualified Stock Option Agreement • June 29th, 2011 • Lucas Energy, Inc. • Crude petroleum & natural gas • Texas
LUCAS ENERGY, INC. (the “Company”), for value received, hereby agrees to issue common stock purchase options entitling ______________ (“Holder” or the “Option Holder”) to purchase an aggregate of 24,000 shares of the Company’s common stock (“Common Stock”). Such option is evidenced by option certificates in the form attached hereto as Schedule 1a, Schedule 1b, Schedule 1c and Schedule 1d (such instrument being hereinafter referred to as an “Option,” and such Option and all instruments hereafter issued in replacement, substitution, combination or subdivision thereof being hereinafter collectively referred to as the “Option”). The Option is issued in consideration for services rendered and to be rendered to the Company as a Director of the Company and memorializes and evidences the grant of the Option to the Holder by the Board of Directors of the Company on October 7, 2010, which was approved by the shareholders of the Company on January 10, 2011 (the “Grant Date”), pursuant to and in c
LUCAS ENERGY, INC. Incentive Stock Option Award AgreementIncentive Stock Option Award Agreement • June 29th, 2011 • Lucas Energy, Inc. • Crude petroleum & natural gas
LUCAS ENERGY, INC. (the “Company”), for value received, hereby agrees to issue common stock purchase options (the "Option" or “Agreement”) entitling __________________ (“Holder” or the “Option Holder”) to purchase an aggregate of _______ shares of the Company’s common stock (“Common Stock”). This Incentive Stock Option, which is granted in compliance with Section 422 of the Internal Revenue Code, reflects and evidences the grant by the Company’s Board of Directors to the Holder of the Option on _________, 2011, to be effective as of _____________ (the "Grant Date") in consideration for services rendered and to be rendered to the Company as ____________ of the Company, pursuant to and in connection with the Company’s 2010 Long Term Incentive Plan (the “Plan”). The number of shares of Common Stock purchasable upon exercise of the Option is subject to adjustment as provided in Section 5 below. The Option will be exercisable by the Option Holder (as defined below) as to all or any lesser n
