EXHIBIT 10.1 NOVEMBER 2006 WAIVER AND AMENDMENT AGREEMENT THIS NOVEMBER 2006 WAIVER AND AMENDMENT AGREEMENT (this "AGREEMENT") is made as of November 29, 2006, among Galaxy Energy Corporation, a Colorado corporation ("GALAXY" or the "COMPANY"), the...November 2006 Waiver and Amendment Agreement • November 30th, 2006 • Galaxy Energy Corp • Crude petroleum & natural gas • New York
