EMPLOYEE CONFIDENTIALITY AND PROPERTY AGREEMENTEmployee Confidentiality and Property Agreement • August 1st, 2007 • ReoStar Energy CORP • Oil & gas field exploration services
As part of the consideration to be paid to Scott Allen, hereinafter ("Allen") by ReoStar Energy Corporation, hereinafter ("the Company") and as a consideration of his employment by the Company, Allen agrees to the provisions set forth below. "The Company", as used in this agreement, includes not only the Company itself but also any subsidiaries.
EMPLOYEE CONFIDENTIALITY AND PROPERTY AGREEMENTEmployee Confidentiality and Property Agreement • August 1st, 2007 • ReoStar Energy CORP • Oil & gas field exploration services
As part of the consideration to be paid to Mark S. Zouvas, hereinafter ("Zouvas") by ReoStar Energy Corporation, hereinafter ("the Company") and as a consideration of his employment by the Company, Zouvas agrees to the provisions set forth below. "The Company", as used in this agreement, includes not only the Company itself but also any subsidiaries.
EMPLOYEE CONFIDENTIALITY AND PROPERTY AGREEMENTEmployee Confidentiality and Property Agreement • August 1st, 2007 • ReoStar Energy CORP • Oil & gas field exploration services
As part of the consideration to be paid to Brett Bennett, hereinafter ("Bennett") by ReoStar Energy Corporation, hereinafter ("the Company") and as a consideration of his employment by the Company, Bennett agrees to the provisions set forth below. "The Company", as used in this agreement, includes not only the Company itself but also any subsidiaries.
OPERATING AGREEMENTOperating Agreement • August 1st, 2007 • ReoStar Energy CORP • Oil & gas field exploration services • Texas
THIS AGREEMENT, entered into by and between TEXAS MOR, INC., hereinafter designated and referred to as "Operator", and the signatory party or parties other than Operator, sometimes hereinafter referred to individually herein as "Non-Operator", and collectively as "Non-Operators". WITNESSETH: WHEREAS, the parties to this agreement are owners of oil and gas leases and/or oil and gas interests in the land identified in Annex "I", and the parties hereto have reached an agreement to explore and develop the lands covered by such leases and/or oil and gas interests for the production of oil and gas in accordance with this agreement and as hereinafter provided; and WHEREAS, the parties hereto desire to enter into this Operating Agreement with respect to such interests; NOW, THEREFORE, it is agreed as follows: ARTICLE I. DEFINITIONS As used in this agreement, the following words and terms shall have the meanings here ascribed to them: A. The term "oil and gas"
REOSTAR ENERGY CORPORATION WARRANT TO PURCHASE COMMON STOCKWarrant Agreement • August 1st, 2007 • ReoStar Energy CORP • Oil & gas field exploration services • California
THIS CERTIFIES THAT, for value received ______________ residing at _______________ or his assigns (the "Holder"), is entitled to subscribe for and purchase at the Exercise Price (defined below) from REOSTAR ENERGY CORPORATION, a Nevada corporation, or its successor entity (the "Corporation") an amount of common stock equal to __________ shares. 1. Definitions. AS USED HEREIN, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING RESPECTIVE MEANINGS: (a) "Exercise Period" shall mean the period commencing with the date hereof and ending two years from the date hereof, unless sooner terminated as provided below. (b) "Exercise Price" shall mean $1.50 per share, subject to adjustment pursuant to Section 5 below. (c) "Exercise Shares" shall mean the shares of Common Stock issuable upon exercise of this Warrant. 2. Exercise of Warrant. The rights represented by this Warrant may be exercised in whole or in part at any time during the Exercise Period, by delivery of the followi
JOINT OPERATING AGREEMENTJoint Operating Agreement • August 1st, 2007 • ReoStar Energy CORP • Oil & gas field exploration services • Texas
THIS AGREEMENT, entered into by and between TEXAS MOR, INC., hereinafter designated and referred to as "Operator", and the signatory party or parties other than Operator, sometimes hereinafter referred to individually herein as "Non-Operator", and collectively as "Non-Operators". WITNESSETH: WHEREAS, the parties to this agreement are owners of oil and gas leases and/or oil and gas interests in the land identified in Annex "I", and the parties hereto have reached an agreement to explore and develop the lands covered by such leases and/or oil and gas interests for the production of oil and gas in accordance with this agreement and as hereinafter provided; and WHEREAS, the parties hereto desire to enter into this Operating Agreement with respect to such interests; NOW, THEREFORE, it is agreed as follows: ARTICLE I. DEFINITIONS As used in this agreement, the following words and terms shall have the meanings here ascribed to them: A. The term "oil and gas"
ContractSubscription Agreement • August 1st, 2007 • ReoStar Energy CORP • Oil & gas field exploration services • California
EXHIBIT 10.2 NONE OF THE SECURITIES TO WHICH THIS SUBSCRIPTION AGREEMENT RELATES HAVE BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR ANY U.S. STATE SECURITIES LAWS, AND, UNLESS SO REGISTERED, NONE MAY BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OR TO U.S. PERSONS (AS DEFINED HEREIN) EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S UNDER THE SECURITIES ACT, PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT, OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN EACH CASE ONLY IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS. IN ADDITION, HEDGING TRANSACTIONS INVOLVING THE SECURITIES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE SECURITIES ACT.
