0001402281-09-000012 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • April 28th, 2009 • Pacific Asia Petroleum Inc • Drilling oil & gas wells • New York

This Employment Agreement (this “Agreement”) amends and restates in full that certain Agreement, dated November 8, 2005, entered by and between the Employer and the Employee, the compensation and reimbursement provisions of which were assigned effective September 1, 2006 by the Employee to Golden Ring International Consultants Limited (“Golden Ring”).

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AMENDMENT TO CONSULTING AGREEMENT
Consulting Agreement • April 28th, 2009 • Pacific Asia Petroleum Inc • Drilling oil & gas wells

This Amendment to the Consulting Agreement (“Amendment”), effective as of April 22, 2009 is entered into by and between PACIFIC ASIA PETROLEUM, INC. (successor-in-interest to Advanced Drilling Services, LLC (“ADS”)), a Delaware corporation (herein referred to as the “Company”), Liviakis Financial Communications, Inc., a California corporation (herein referred to as the “Consultant”), and Michael Bayes, an employee of Consultant.

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