0001299933-05-002665 Sample Contracts

FAR EAST ENERGY CORPORATION FORM OF NON-QUALIFIED STOCK OPTION AGREEMENT
Qualified Stock Option Agreement • June 2nd, 2005 • Far East Energy Corp • Crude petroleum & natural gas • Texas

FOR GOOD AND VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, Far East Energy Corporation (the “Company”), a Nevada corporation, hereby grants to (the "Option Holder”), the option to purchase shares of the common stock, $0.001 par value per share, of the Company (“Shares”), upon the terms set forth in this stock option agreement (this “Agreement”):

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FAR EAST ENERGY CORPORATION FORM OF INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • June 2nd, 2005 • Far East Energy Corp • Crude petroleum & natural gas • Texas

FOR GOOD AND VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, Far East Energy Corporation (the “Company”), a Nevada corporation, hereby grants to (the "Option Holder”), the option to purchase shares of the common stock, $0.001 par value per share, of the Company (“Shares”), upon the terms set forth in this incentive stock option agreement (this “Agreement”):

AGREEMENT AND PLAN OF RESTRUCTURING
Agreement and Plan of Restructuring • June 2nd, 2005 • Far East Energy Corp • Crude petroleum & natural gas

This Agreement and Plan of Restructuring (this “Agreement”) is entered into this 11th day of May 2005 by and between Far East Energy Corporation, a Nevada corporation (the "Company”), and Far East Energy (Bermuda), Ltd., a Bermuda company (“FEEB”).

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