Revocable Warrant Agreement Sample Contracts

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Evolution Petroleum Corporation, Inc. – Contract (June 29th, 2005)

REVOCABLE WARRANT AGREEMENT NATURAL GAS SYSTEMS, INC. THIS REVOCABLE WARRANT AGREEMENT (this "Agreement") is made and entered into as of June __, 2005, between Natural Gas Systems, Inc., a Nevada corporation (the "Company"), and Daryl V. Mazzanti ("Holder"). R E C I T A L S WHEREAS, the Company proposes to issue to Holder a maximum of TWO HUNDRED THOUSAND (200,000) revocable warrants (the "Revocable Warrants"), each such Revocable Warrant entitling the holder thereof to purchase, under certain conditions, one share of common stock, .001 par value, of the Company (the "Shares" or the "Common Stock"); WHEREAS, the Revocable Warrants which are the subject of this Agreement will be issued by the Company to Holder in connection with Holder's employment with the Company pursuant to the Employment Agreement ("Employment Agreement") and the Stock Option Agreement ("Stock Option Agreement"

Evolution Petroleum Corporation, Inc. – Contract (April 8th, 2005)

REVOCABLE WARRANT AGREEMENT NATURAL GAS SYSTEMS, INC. THIS REVOCABLE WARRANT AGREEMENT (this "Agreement") is made and entered into as of April 4, 2005, between Natural Gas Systems, Inc., a Nevada corporation (the "Company"), and Robert S. Herlin ("Holder"). Terms not defined herein shall have the meaning defined in the Stock Option Agreement (defined below). R E C I T A L S WHEREAS, the Company proposes to issue to Holder a maximum of TWO HUNDRED EIGHTY SEVEN THOUSAND FIVE HUNDRED (287,500) revocable warrants (the "Revocable Warrants"), each such Revocable Warrant entitling the holder thereof to purchase, under certain conditions, one share of common stock, .001 par value, of the Company (the "Shares" or the "Common Stock"); WHEREAS, the Revocable Warrants which are the subject of this Agreement will be issued by the Company to Holder in connection with Holder's empl

Evolution Petroleum Corporation, Inc. – Revocable Warrant Agreement Natural Gas Systems, Inc. (February 8th, 2005)

then the number and classes of Exercise Shares purchasable upon exercise of each Revocable Warrant in effect immediately prior to such action shall be adjusted so that the holder of any Revocable Warrant thereafter exercised may receive the number and classes of shares of capital stock of the Company which such holder would have owned immediately following such action if such holder had exercised the Revocable Warrant immediately prior to such action.