0001199835-20-000170 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • July 16th, 2020 • Torchlight Energy Resources Inc • Crude petroleum & natural gas • Texas

This EMPLOYMENT AGREEMENT (the “Agreement”), dated and effective as of July 15, 2020 (the “Effective Date”), by and between Torchlight Energy Resources, Inc., a Nevada corporation with principal executive offices at 5700 W. Plano Pkwy, Ste. 3600, Plano, TX 75093 (the “Company”), and John A. Brda, of 1425 Frontenay, Warson Woods, Missouri 63122 (the “Employee”) (each of which a “Party” or, collectively, the “Parties”).

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TORCHLIGHT ENERGY RESOURCES, INC. STOCK OPTION AGREEMENT
Stock Option Agreement • July 16th, 2020 • Torchlight Energy Resources Inc • Crude petroleum & natural gas

THIS GRANT, dated as of the date of grant first stated above (the “Date of Grant”), is delivered by Torchlight Energy Resources, Inc. (the “Company”) to Roger Wurtele (the “Grantee”), who is an employee, officer or director of the Company or one of its subsidiaries (the Company is sometimes referred to herein as the “Employer”).

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