0001035704-07-000491 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • June 19th, 2007 • American Oil & Gas Inc • Crude petroleum & natural gas • Colorado

This Employment Agreement (the “Agreement”) is entered into as of this 15th day of June, 2007, by and between American Oil & Gas, Inc., a Nevada corporation (the “Company”), and Peter Loeffler (“Employee”) to be effective commencing June 15, 2007 (the “Effective Date”). Employee and Company are sometimes referred to individually as a “Party” and collectively as the “Parties.”

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AMERICAN OIL & GAS, INC.
Stock Option Agreement • June 19th, 2007 • American Oil & Gas Inc • Crude petroleum & natural gas • Nevada

American Oil & Gas, Inc. (the “Company”), pursuant to its 2006 Stock Incentive Plan (the “Plan”), hereby grants to Optionee listed below (“Optionee”), an option to purchase the number of shares of the Company’s Common Stock set forth below, subject to the terms and conditions of the Plan and this Stock Option Agreement. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Stock Option Agreement.

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