##### 



Exhibit 10.14
 EMPLOYMENT AGREEMENT
 BETWEEN
 TETON ENERGY CORPORATION
 AND
 Richard
F. Bosher
(Employee)
 THIS
EMPLOYMENT AGREEMENT




---



##### 



DEFINITIONS
 Definitions
 of




---



##### 



POSITION & DUTIES
 Employment
 Title
 Term
 Duties and Responsibilities
 Performance of Duties
 Representations and Warranties of the Employee with Respect to Conflicts, Past
Employers and Corporate Opportunities




---



##### 



provided, further,
 Activities and Interests with Companies Doing Business with the Company Schedule A
 Other Business Opportunities
 Reporting Location




---



##### 



COMPENSATION
 Compensation.
 Base Salary
 Cash Bonus
 Equity-Based Compensation
   Participation In Benefit Plans.
 Retirement Plans
 Taxes




---



##### 



Life Insurance
 Employee Benefit Plans and Insurance
 Vacation.
   Paid Holidays
 Business-related Expense
 Severance Benefit
 Payroll Procedures and Policies




---



##### 



TERMINATION OF EMPLOYMENT
 Death
 Disability th provided, that
 Termination by Company.




---



##### 



Termination by Employee




---



##### 



Termination without Prejudice
 Notice of Termination provided,
however,
 Date of Termination provided, however,
 Obligations of the Company upon Termination.
 Good Reason or During the Window Period; Other Than for Cause, Death or
Disability.
 sum
of and




---



##### 



Death
 Disability.
 Cause; Other than for Good Reason or During the Window Period.




---



##### 



Continuation of Payments During Disputes
   The Wall Street Journal on Exhibit A
  INDEMNIFICATION
 Indemnification Exhibit A
  CONFIDENTIALITY
 Confidentially; Non-Competition; and Non-Solicitation.
 Confidentiality




---



##### 



Non-Competition provided, however,
 Non-Solicitation
  CHANGE OF CONTROL
 Certain Definitions
 Change of Control Effective Date




---



##### 



Change of Control Period provided however
 Change of Control
 provided, however
 provided, however




---



##### 



Miscellaneous
 Benefit




---



##### 



Governing Law provided, however,
 Counterparts
 Headings
 Severability
 Construction
 Equitable Remedies
 Attorneys Fees




---



##### 



No Waiver
 Remedies Cumulative
 Amendment
 Entire Contract
 Survival
 Savings Clause Exhibit A
 Modifications and Waivers Exhibit A
 Notices
 (a)
    
    If to Employee:Richard F. Bosher7222 East Buckingham PlaceHighlands Ranch, Colorado 80130(b)
    
    If to the Company:Tenton Energy Corporation410
17th
Street Suite 1850Denver, CO 80202Attn: CEO




---



##### 



No Limitation
 IN WITNESS WHEREOF,
 Teton Energy Corporation
    
    
    
    EMPLOYEEBy:
    
    /s/ Karl F. Arleth
    
    
    
    By:
    
    /s/ Richard F. BosherName:
    
    Karl F. Arleth
    
    
    
    Name:
    
    Richard F. BosherTitle:
    
    President & CEO




---



##### 



Schedule A
 Outside Activities
Richard F. Bosher
 Date Hiredor
    
    
    
    
    
    Annual TimeCompany or
    
    Nature of
    
    Commenced
    
    
    
    
    
    Commitment, (timeProject Name
    
    Business
    
    Involvement
    
    Position
    
    Compensation
    
    away from office)TransZap,
Inc.
    
    Oil & Gas
    
    7/1/1999 to
    
    VP Sales
    
    None. Ownership of
    
    NoneSoftware
    
    8/30/2006
    
    
    
    400,000 shares, plusseveral optionsfor approx. 150,000sharesOwnership of
  KFS KFA




---



##### 



Exhibit A
Indemnification Agreement




---



##### 



Exhibit B
Form of Restricted Stock Agreement