0001493152-18-004053 Sample Contracts

AGREEMENT AND RELEASE
Agreement and Release • March 28th, 2018 • Us Energy Corp • Crude petroleum & natural gas • Wyoming

This Agreement and Release (this “Agreement”) is entered into as of October 18, 2017, by and between U.S. Energy Corp. (the “Company”), a Wyoming corporation and Stephen Conrad, Thomas Bandy, Jerry Danni, James Fraser, and Leo Heath (collectively the “Former Directors”). The Company and the Former Directors are collectively referred to herein as the “Parties”.

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amended and restated 2012 equity and performance incentive plan INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • March 28th, 2018 • Us Energy Corp • Crude petroleum & natural gas • Wyoming

THIS OPTION AGREEMENT (this “Agreement”) is made and entered into as of [___________] by and between U.S. Energy Corp., a Wyoming corporation (the “Company”) and [______] (the “Participant”).

INDEMNIFICATION AGREEMENT
Indemnification Agreement • March 28th, 2018 • Us Energy Corp • Crude petroleum & natural gas • Colorado

THIS INDEMNIFICATION AGREEMENT (this “Agreement”) is made and entered into and is effective as of _______, 2017 (the “Effective Date”), by and between Angelus Capital Group, a ____________ (“Angelus”), and _______________, an individual (“Indemnitee”) (Angelus and Indemnitee are sometimes collectively referred to herein as the “Parties” and individually as a “Party”).

Contract
Plan Option Agreement • March 28th, 2018 • Us Energy Corp • Crude petroleum & natural gas • Wyoming

THIS OPTION AGREEMENT (this “Agreement”) is made and entered into as of _______________, _____ by and between U.S. Energy Corp., a Wyoming corporation (the “Company”) and _____________ (the “Participant”).

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