0000887396-14-000002 Sample Contracts

CALL OPTION AGREEMENT
Call Option Agreement • March 6th, 2014 • Empire Petroleum Corp • Crude petroleum & natural gas • Delaware

This Call Option Agreement (this “Agreement”), is made and entered as of March 4, 2014 (the “Effective Date”), by and among Empire Petroleum Corporation, a Delaware corporation (the “Company”), Albert E. Whitehead, an individual (“AEW”), and Sierra Nevada Oil LLC, a Nevada domestic limited-liability company (“Sierra Nevada”). The Company, AEW and Sierra Nevada are sometimes collectively referred to herein as the “Parties” and singly as a “Party.”

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