0001193125-11-310588 Sample Contracts

LEGEND OIL AND GAS, LTD. – STOCK OPTION AGREEMENT –
– Stock Option Agreement • November 14th, 2011 • Legend Oil & Gas, Ltd. • Drilling oil & gas wells • Washington

THIS STOCK OPTION AGREEMENT (“Agreement”) is made and entered into as of the date of grant set forth below (“Date of Grant”) by and between Legend Oil and Gas, Ltd., a Colorado corporation (“Company”), and the participant named below (“Participant”). Capitalized terms not defined herein shall have the respective meanings ascribed to them in the Company’s 2011 Stock Incentive Plan (the “Plan”). A copy of the Plan has been provided to Participant.

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