0001354488-10-000602 Sample Contracts

PACIFIC ASIA PETROLEUM, INC.
Stock Option Agreement • March 2nd, 2010 • Pacific Asia Petroleum Inc • Drilling oil & gas wells • Delaware

Unless otherwise defined herein, the terms in the Stock Option Agreement (the “Option Agreement”) have the same meanings as defined in the Pacific Asia Petroleum, Inc. 2009 Equity Incentive Plan (the “Plan”).

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Amendment to the Contract of the Chinese-Foreign Equity Joint Venture Inner Mongolia Sunrise Petroleum Co. Ltd., Promissory Note, by and between Beijing Jin Run Hang Da Technology Company Ltd. and Inner Mongolia Production Company (HK) Ltd., dated...
Pacific Asia Petroleum Inc • March 2nd, 2010 • Drilling oil & gas wells • New York

THIS AMENDMENT TO THE CONTRACT OF THE CHINESE-FOREIGN EQUITY JOINT VENTURE INNER MONGOLIA SUNRISE PETROLEUM CO. LTD. AND PROMISSORY NOTE, dated as of December 31, 2009 (this “Amendment”), by and between BEIJING JIN RUN HANG DA TECHNOLOGY COMPANY LTD (“BJHTC”) and INNER MONGOLIA PRODUCTION COMPANY (HK) LTD (“IMPCO HK”), amends (i) that certain Contract of the Chinese-Foreign Equity Joint Venture Inner Mongolia Sunrise Petroleum Co. Ltd., dated October 25, 2006 (the “JV Agreement”), and (ii) that certain Promissory Note, dated November 14, 2006, as amended September 12, 2008, issued by BJHTC to IMPCO HK (as amended, the “Promissory Note”). Capitalized terms used herein that are not otherwise defined herein shall have the meanings ascribed to them in the JV Agreement.

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