MAGELLAN PETROLEUM CORPORATION NON-QUALIFIED STOCK OPTION PERFORMANCE AWARD AGREEMENTNon-Qualified Stock Option Performance Award Agreement • February 9th, 2009 • Magellan Petroleum Corp /De/ • Crude petroleum & natural gas
This Agreement, made as of the grant date indicated in Section 3 below (the “Grant Date”), and between Magellan Petroleum Corporation, a Delaware corporation (the “Company”), and the undersigned individual (the “Optionee”), pursuant to the Magellan Petroleum Corporation 1998 Stock Option Plan, as amended on October 24, 2007, as further amended and renamed the “1998 Stock Incentive Plan” on December 11, 2008 (the “Plan”). Terms used but not defined herein shall have the same meaning as in the Plan).
