0001555699-12-000011 Sample Contracts

COIL TUBING TECHNOLOGY, INC. Stock Option Agreement
Stock Option Agreement • October 16th, 2012 • Coil Tubing Technology, Inc. • Oil & gas field machinery & equipment • Texas

COIL TUBING TECHNOLOGY, INC. (the “Company”), for value received, hereby agrees to issue common stock purchase options entitling Herbert C. Pohlmann (“Holder” or the “Option Holder”) to purchase an aggregate of 400,000 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 the Company’s Director and the Holder providing various funding to the Company for the past six years, and evidences the grant of the Option to the Holder by the Board of Directors of the Company on August 28, 2012 (the “Grant Date”). The number of share

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COIL TUBING TECHNOLOGY, INC. Stock Option Agreement
Stock Option Agreement • October 16th, 2012 • Coil Tubing Technology, Inc. • Oil & gas field machinery & equipment • Texas

COIL TUBING TECHNOLOGY, INC. (the “Company”), for value received, hereby agrees to issue common stock purchase options entitling Jerry Swinford (“Holder” or the “Option Holder”) to purchase an aggregate of 401,667 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, Schedule 1d and Schedule 1e (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 the Company’s Executive Vice President and evidences the grant of the Option to the Holder by the Board of Directors of the Company in connection with the Company's entry into an Executive Employment Agreement with the Holder on or around Novembe

THIRD AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • October 16th, 2012 • Coil Tubing Technology, Inc. • Oil & gas field machinery & equipment

This Third Amendment to Executive Employment Agreement (this “Agreement”) dated October 10, 2012 to be effective as of August 28, 2012 (the “Effective Date”), is by and between Coil Tubing Technology, Inc., a Nevada corporation (“Coil Tubing”) and Jerry Swinford, an individual (“Swinford”), each referred to herein as a “Party” and collectively the “Parties”.

SECOND AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • October 16th, 2012 • Coil Tubing Technology, Inc. • Oil & gas field machinery & equipment

This Second Amendment to Executive Employment Agreement (this “Agreement”) dated August 28, 2012 to be effective as of the same date (the “Effective Date”), is by and between Coil Tubing Technology, Inc., a Nevada corporation (“Coil Tubing”) and Jason Swinford, an individual (“Swinford”), each referred to herein as a “Party” and collectively the “Parties”.

SECOND AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • October 16th, 2012 • Coil Tubing Technology, Inc. • Oil & gas field machinery & equipment

This Second Amendment to Executive Employment Agreement (this “Agreement”) dated August 28, 2012 to be effective as of the same date (the “Effective Date”), is by and between Coil Tubing Technology, Inc., a Nevada corporation (“Coil Tubing”) and Jerry Swinford, an individual (“Swinford”), each referred to herein as a “Party” and collectively the “Parties”.

DISTRIBUTOR AGREEMENT
Distributor Agreement • October 16th, 2012 • Coil Tubing Technology, Inc. • Oil & gas field machinery & equipment

This DISTRIBUTOR AGREEMENT (the "Agreement") is entered into and effective this 5th day of May, 2010, by and between COIL TUBING TECHNOLOGY, INC., a Texas Corporation ("CTT") and SUPREME OIL FIELD SERVICES ("DISTRIBUTOR"). CTT and DISTRIBUTOR are sometimes referred to individually as a "Party" and collectively as the "Parties" which terms expressly include CTT’s and DISTRIBUTOR’s respective current and future Affiliates providing the services and goods listed on Exhibit A hereto. The term “Affiliate”, with respect to any Party, means any entity directly or indirectly controlled by, under common control with, or controlling such Party, whether through ownership of equity interests or otherwise.

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