Document:

MANAS
      PETROLEUM CORPORATION

    2007
      OMNIBUS PLAN

    

    

    
      	1.	
              Purposes
                of the Plan

            

    

    

    The
      2007
      Omnibus Plan ("Plan") maintained by Manas Petroleum Corporation ("Company")
      is
      intended to promote the growth and general prosperity of the Company by offering
      incentives to its key employees who are primarily responsible for the growth
      of
      the Company and to attract and retain qualified employees and thereby benefit
      its shareholders based on the growth of the Company. Awards granted under the
      Plan may be (a) stock options ("Options") which may be designated as (i)
      Incentive Stock Options ("ISOs") intended to qualify under Section 422 of the
      Internal Revenue Code of 1986, as amended ("Code"), or (ii) Nonqualified Stock
      Options ("NQSOs") not intended to so qualify; (b) stock appreciation rights
      ("SARs"); (c) restricted stock awards ("Restricted Stock"); (d) performance
      awards ("Performance Awards"); or (e) other forms of stock-based incentive
      awards, as hereinafter defined (collectively, "Awards").

    

    
      	2.	
              Shares
                of Stock Subject to the
                Plan

            

    

    

    The
      shares of stock with respect to which the Awards may be granted shall be the
      common stock, par value at $0.001 of the Company (“Common Stock"). Shares
      delivered upon exercise of the Awards, at the election of the Board of Directors
      of the Company, may be stock that is authorized but previously unissued or
      stock
      reacquired by the Company or both. Subject to the provisions of Section 14,
      the
      maximum number of shares with respect to which the Awards may be granted under
      the Plan shall not exceed 2,250,000 shares of Common Stock; provided,
      however,
      that
      such number of shares of Common Stock may also be subject to adjustment, from
      time to time, at the discretion of the Board of Directors of the Company. Any
      shares subject to
      an
      Award under the Plan, which Award for any reason expires or is terminated
      unexercised as to such shares, shall again be available for the grant of other
      Awards under the Plan provided,
      however,
      that
      forfeited Common Stock or other securities shall not be available for further
      Awards if the participant has realized any benefits of ownership from such
      Common Stock.

    

    
      	3.	
              Administration

            

    

    

    The
      Plan
      shall be administered by a designated Omnibus Committee: ("Committee"). Subject
      to the provisions of the Plan the Committee shall have full discretion and
      the
      exclusive power (i) to determine the directors, employees, consultants and
      advisors to whom Options shall be granted, the time when such Options shall
      be
      granted, the number of Shares which shall be subject to each Option, the
      purchase price or exercise price of each Share which shall be subject to each
      Option, the period(s) during which such Options shall be exercisable (whether
      in
      whole or in part), and the other terms and provisions of the respective Options
      (which need not be identical); (ii) to construe the Plan and Options granted
      hereunder; (iii) to prescribe, amend and rescind rules and regulations relating
      to the Plan; and (iv) to make all other determination necessary or advisable
      for
      administering the Plan.

    

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    Without
      limiting the foregoing, the Committee also shall have the authority to require,
      in its discretion, as a condition of the granting of any Option, that the
      Participant agree (i) not to sell or otherwise dispose of Shares acquired
      pursuant to the Option for a period of one (1) year (unless waived by the
      Company) following the date of acquisition of such Shares and (ii) that in
      the
      event of termination of directorship or employment (or in case of a consultant
      or advisor, engagement by Company or any subsidiary corporation or parent
      corporation of the Company) of participant, other than as a result of dismissal
      without cause, such Participant will not, for a period to be fixed at the time
      of the grant of the Option, enter into any employment or participate directly
      or
      indirectly in any business or enterprise which is competitive with the business
      of the Company or any subsidiary corporation or parent corporation of the
      Company, or enter into any employment in which such employee will be called
      to
      utilize special knowledge obtained through directorship or employment (or in
      the
      case of a consultant or advisor, engagement) with or by the Company or any
      subsidiary corporation or parent corporation thereof.

    

    The
      interpretation of and application by the Committee of any provision of the
      Plan
      shall be final and conclusive. The Committee may in its discretion establish
      such rules and guidelines relating to the Plan, as it may deem
      desirable.

    

    The
      Committee may employ such legal counsel, consultants and agents as it may deem
      desirable for the administration of the Plan and may rely upon any opinion
      received from any such counsel or consultant and any computation received from
      any such consultant or agent. The Committee shall keep minutes of its actions
      under the Plan.

    

    No
      member
      of the Board of Directors or the Committee shall be liable for any action or
      determination made in good faith with respect to the Plan or any Awards granted
      hereunder.

    

    
      	4.	
              Eligibility

            

    

    

    The
      individuals who shall be eligible to participate in the Plan shall be directors,
      officers, employees, consultants and advisors of the Company, or any subsidiary
      corporation or parent corporation of the Company now existing or hereafter
      formed or acquired, as the Committee may from time to time determine. An
      employee who has been granted an Award in one year shall not necessarily be
      entitled to be granted Awards in subsequent years.

    

    
      	5.	
              Stock
                Options

            

    

    

    The
      Committee may grant Options, as follows, which may be designated as (i) NQSOs
      or
      (ii) ISOs intended to qualify under Code Section 422:

    

    
      	 	
              (a)

            	
              Nonqualified
                Stock Options.
                An
                NQSO is a right to purchase a specified number of shares of Common
                Stock
                during such specified time as the Committee may determine, not to
                exceed
                ten (10) years, at a price determined by the Committee that, unless
                deemed
                otherwise by the Committee, is not less than the fair market value
                of the
                Common Stock on the date the option is
                granted.

            

    

     

    
      
         

      

      
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              (i)

            	
              The
                purchase price of the Common Stock subject to the NQSO may be paid
                in
                cash. At the discretion of the Committee, the purchase price may
                also be
                paid by the tender of Common Stock or through a combination of Common
                Stock and cash or through such other means as the Committee determines
                are
                consistent with the Plan=s
                purpose and applicable law. No fractional shares of Common Stock
                will be
                issued or accepted.

            

    

    

    
      	 	
              (ii)

            	
              Without
                limiting the foregoing, to the extent permitted by law, (including
                relevant state law), (A) the Committee may agree to accept, as full
                or
                partial payment of the purchase price of Common Stock issued upon
                the
                exercise of the NQSO, a promissory note of the person exercising
                the NQSO
                evidencing the person=s
                obligation to make future cash payments to the Company, which promissory
                note shall be payable as determined by the Company (but in no event
                later
                than five (5) years after the date thereof), shall be secured by
                a pledge
                of the shares of Common Stock purchased and shall bear interest at
                a rate
                established by the Committee and (B) the Committee may also permit
                the
                person exercising the NQSO, either on a selective or aggregate basis,
                to
                simultaneously exercise the NQSO and sell the shares of Common Stock
                acquired, pursuant to a brokerage or similar arrangement approved
                in
                advance by the Committee, and use the proceeds from sale as payment
                of the
                Purchase price of such Common
                Stock.

            

    

    

    
      	 	
              (b)

            	
              Incentive
                Stock Options.
                An
                ISO is an Award in the form of an Option to purchase Common Stock
                that
                complies with the requirements of Code Section 422 or any successor
                section.

            

    

    

    
      	 	
              (i)

            	
              The
                aggregate fair market value (determined at the time of the grant
                of the
                Award) of the shares of Common Stock subject to ISOs which are exercisable
                by one person for the first time during a particular calendar year
                shall
                not exceed $100,000. To the extent that ISOs granted to an employee
                exceed
                the limitation set forth in the preceding sentence, ISOs granted
                last
                shall be treated as NQSOs.

            

    

    

    
      	 	
              (ii)

            	
              No
                ISO may be granted under this Plan on or after the tenth anniversary
                of
                the date this Plan is adopted or the date stockholders approve this
                Plan,
                whichever is earlier.

            

    

     

    
      
         

      

      
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              (iii)

            	
              No
                ISO may be exercisable more than-:

            

    

    

    
      	 	
              (A)

            	
              in
                the case of an employee who is not a Ten Percent Stockholder, within
                the
                meaning of Code Section 422, on the date the ISO is granted; ten
                (10)
                years after the date the ISO is granted;
                and

            

    

    

    
      	 	
              (B)

            	
              in
                the case of an employee who is a Ten Percent Stockholder, within
                the
                meaning of Code Section 422, on the date the ISO is granted, five
                (5)
                years after the date the ISO is
                granted.

            

    

    

    
      	 	
              (iv)

            	
              The
                exercise price of any ISO shall be determined by the Committee and
                shall
                be no less than:

            

    

    

    
      	 	
              (A)

            	
              in
                the case of an employee who is not a Ten Percent Stockholder, on
                the date
                the ISO is granted, the fair market value of the Common Stock subject
                to
                the ISO on such date, and

            

    

    

    
      	 	
              (B)

            	
              in
                the case of an employee who is a Ten Percent Stockholder, on the
                date the
                ISO is granted, not less than 110 percent of the fair market value
                of the
                Common Stock subject to the ISO on such
                date.

            

    

    

    
      	 	
              (v)

            	
              The
                Committee may provide that the option price under an ISO may be paid
                by
                one or more of the methods available for paying the option price
                of an
                NQSO.

            

    

    

    
      	6.	
              Stock
                Appreciation Rights

            

    

    

    An
      SAR is
      a right to receive, upon surrender of the right, but without payment, an amount
      payable in cash.

    

    
      	 	
              (i)

            	
              The
                amount payable with respect to each SAR shall be equal in value to
                the
                applicable percentage of the excess, if any, of the fair market value
                of a
                share of Common Stock on the exercise date over the exercise price
                of the
                SAR. The exercise price of the SAR shall be determined by the Committee
                and shall not be less than the fair market value of a share of Common
                Stock on the date the SAR is
                granted.

            

    

     

    
      
         

      

      
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              (ii)

            	
              In
                the case of an SAR granted in tandem with an ISO to an employee who
                is a
                Ten Percent Shareholder on the date of such grant, the amount payable
                with
                respect to each SAR shall be equal in value to the applicable percentage
                of the excess, if any, of the fair market value of a share of Common
                Stock
                on the exercise date over the exercise price of the SAR, which
                exercise price
                shall not be less than 110% of the fair market value of a share of
                Common
                Stock on the date the SAR is
                granted.

            

    

    

    
      	 	
              (iii)

            	
              The
                Committee shall establish the applicable percentage and exercise
                price at
                the time the SAR is granted.

            

    

    

    
      	7.	
              Restricted
                Stock

            

    

    

    Restricted
      Stock is Common Stock of the Company that is issued to a participant at a price
      determined by the Committee, which price per share may not be less than the
      par
      value of the Common Stock, and is subject to restrictions on transfer and/or
      such other restrictions on incidents of ownership as the Committee may
      determine.

    

    
      	8.	
              Performance
                Awards

            

    

    

    A
      Performance Award granted under the Plan (i) may be denominated or payable
      in
      cash, Common Stock (including without limitation, Restricted Stock), other
      securities or other Awards and (ii) shall confer on the holder thereof the
      right
      to receive payments, in whole or in part, upon the achievement of such
      performance goals during such performance periods as the Committee shall
      establish. Subject to the terms of the Plan and any applicable Award agreement,
      the performance goals to be achieved during any performance period, the length
      of any performance period, the amount of any Performance Award granted and
      the
      amount of any payment or transfer to be made pursuant to any Performance Award
      shall be determined by the Committee.

    

    
      	9.	
              Other
                Stock-Based Incentive
                Awards

            

    

    

    The
      Committee may from time to time grant Awards under this
      Plan
      that provide the participant with the right to purchase Common Stock
      or that
      are
      valued by reference to the fair market value of the Common Stock (including,
      but
      not limited to, phantom securities or dividend equivalents). Such Awards shall
      be in a form determined by the Committee (and may include terms contingent
      upon
      a change of control of the Company), provided
      that
      such Awards shall not be inconsistent with the terms and purposes of the Plan.
      The Committee will determine the price of any Award and may accept any lawful
      consideration.

     

    
      
         

      

      
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      	10.	
              Price
                and Payment

            

    

    

    If
      the
      Shares are listed
      on
      a national securities exchange in the United States on any date on which the
      fair market value per Share is to be determined, the fair market value per
      Share
      shall be deemed to be the average of the high and low quotations at which such
      Shares are sold on such national securities exchange on such date. If the Shares
      are listed on a national securities exchange in the United States on such date
      but the Shares are not traded on such date, the fair market value per Share
      shall be determined as of the closest preceding date on which such exchange
      shall have been
      open
      for business and the Shares were traded. If the Shares are listed on more than
      one national securities exchange in the United States on the date any such
      Option is granted, the Committee shall determine which national securities
      exchange shall be used for the purpose of determining the fair market value
      per
      Share.

    

    If
      a
      public market exists for the
      Shares on any date on which the fair
      market value per Share is to be determined but the Shares are not listed on
      a
      national securities exchange in the United States, the fair market value per
      Share shall be deemed to be the mean between the closing bid and asked
      quotations for the Shares on such date, the fair market value per Share shall
      be
      deemed to be the mean between the closing bid and asked quotations in the
      over-the-counter market for the Shares on the closest date preceding such date
      for which such quotations are available.

    

    If
      no
      public market exists for the Shares on any date on which the fair market value
      per Share is to be determined, the Committee shall, in its sole discretion
      and
      best judgment, determine the fair market value of a Share.

    

    For
      purposes of this Plan, the determination by the Committee of the fair market
      value of a Share shall be conclusive.

    

    Upon
      the
      exercise of an Option, the Company shall cause the purchased Shares to be issued
      only when it shall have received the full purchase price for the Shares in
      cash
      or by certified check-

    

    
      	11.	
              Exercise
                of Options

            

    

    

    Options
      granted under the Plan may be exercised by an optionee only while the employee
      is and, continuously since the date the Option was granted, has been an employee
      of the Company or one of its subsidiaries, except that (i) if the optionee's
      termination of employment is other than for deliberate, willful or gross
      misconduct, any Options held by the optionee may be exercised, to the extent
      then exercisable, for a period of three months after the date of such
      termination of employment; (ii) if such termination of employment is by reason
      of retirement or disability, any Options held by the optionee at the time of
      retirement or disability will be exercisable for a period of 12 months after
      the
      date of such termination of employment; (iii) in the event of death after
      termination of employment pursuant to (i) or
      (ii)
      above, the person or persons to whom the optionee's rights are transferred
      by
      will or the laws of descent and distribution shall have a period of three years
      from the date of termination of the optionee's employment to exercise any
      Options which the optionee could have exercised during such period; and (iv)
      in
      the event of the death of an optionee while employed, any Options then held
      by
      the optionee shall become fully and immediately exercisable and may be exercised
      by the person or persons to whom the optionee's rights are transferred by will
      or the laws of descent and distribution for a period of three years after the
      optionee's death. In no event, however, shall any Option be exercisable after
      the date specified in Section 5, as applicable.

    

    
      
         

      

      
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    An
      Option
      granted hereunder shall be exercisable, in whole or in part, only by written
      notice delivered in person or by mail to the Secretary of the Company at its
      principal office, specifying the number of shares of Common Stock to be
      purchased and accompanied by payment thereof and otherwise in accordance with
      the option agreement pursuant to which the Option was granted.

     

    
      	12.	
              Award
                Agreements

            

    

    

    Each
      Award granted under the Plan shall be evidenced by an Award agreement between
      the employee to whom the Award is granted and the Company, setting forth the
      number of shares of Common Stock, SARs, or units subject to the Award and such
      other terms and conditions applicable to the Award not consistent with the
      Plan
      as the Committee may deem appropriate.

    

    
      	13.	
              Tax
                Withholding

            

    

    

    The
      Committee may establish such rules and procedures as it considers desirable
      in
      order to satisfy any obligation of the Company or any subsidiary to withhold
      federal income taxes or other taxes with respect to any Award made under the
      Plan. Such rules and procedures may provide (i) in the case of Awards paid
      in
      shares of Common Stock, that the person receiving the Award may satisfy the
      withholding obligation by instructing the Company to withhold shares of Common
      Stock otherwise issuable upon exercise of such Award in order to satisfy such
      withholding obligation and (ii) in the case of an Award paid in cash, that
      the
      withholding obligation shall be satisfied by withholding the applicable amount
      and paying the net amount in cash to the participant. The employer corporation
      may, in its discretion, hold the stock certificate to which such employee is
      entitled upon the exercise of an Option as security for the payment of such
      withholding tax liability, until sufficient payment of that liability has been
      accumulated.

    

    
      	14.	
              Change
                of Control and Limited
                Rights

            

    

    

    For
      the
      purpose of the Plan, a "Change
      of Control" affecting the Company shall be
      deemed
      to have taken place upon (i) the acquisition by a third person, including a
      "group" as defined in Section 13(d)(3) and 14(d)(2) of the Securities Exchange
      Act of 1934, as amended, of shares of the Company having 51% or more of the
      total number of votes that may be cast for the election of Directors of the
      Company; (ii) shareholder approval of a transaction for the acquisition of
      the
      Company, or substantially all of its assets by another entity or for a merger,
      reorganization, consolidation or other business combination to which the Company
      is a part; or (iii) the election during any period of 24 months or less of
      50%
      or more of the Directors of the Company where such Directors were not in office
      immediately prior to such period provided,
      however, that
      no
      "Change of Control" shall be deemed to have taken place if the Directors of
      the
      Company in office on the date of adoption of the Plan, or their successors
      in
      office nominated by such Directors, affirmatively approve a resolution to such
      effect.

    

    
      
         

      

      
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    In
      the
      event of a Change of Control affecting the Company, then, notwithstanding any
      provision of the Plan or of any provisions of any Award agreements entered
      into
      between the Company and any participant to the contrary, all Awards that have
      not expired and which are then held by any participant (or the person or persons
      to whom any deceased participant's rights have been transferred) shall, as
      of
      such Change of Control, become fully and immediately vested and exercisable
      and
      may be exercised for the remaining term of such Awards.

    

    A
      limited
      right may be awarded by the Committee in connection with any Option granted
      under the Plan with respect to all or some of the shares of Common Stock covered
      by such related Option. A limited right may be granted either at the time the
      Option is granted or thereafter at any time prior to the cancellation, exercise,
      forfeiture, termination or expiration of the Option. A limited right may be
      exercised only during the 60-day period beginning on a Change of Control of
      the
      Company. Notwithstanding the provisions of the immediately preceding sentences,
      no limited right may be exercised by an employee who is subject to Section
      16(b)
      of the Securities Exchange Act of 1934, as amended, until the expiration of
      six
      months from the date of grant of the limited right.

    

    Upon
      the
      exercise of limited rights, the participant shall receive in cash an amount
      equal to the product computed by multiplying (i) the excess of (a) the highest
      fair market value per share of Common Stock during the 60-day period ending
      on
      the date the limited right is exercised (or, if greater, the price offered
      for a
      share of Common Stock pursuant to a tender offer pending during such period)
      over (b) the Option price per share of Common Stock at which the related Option
      is exercisable by (ii) the number of shares of Common Stock with respect to
      which the limited right is being exercised. Notwithstanding the foregoing,
      in
      case of a limited right granted in respect of an ISO, the holder may not receive
      an amount in excess of such amount as will enable such Option to qualify as
      an
      ISO.

    

    Upon
      exercise of a limited right, such related Option and any related SAR shall
      cease
      to be exercisable to the extent of the shares of Common Stock with respect
      to
      which such limited right is exercised. Upon the exercise or termination of
      a
      related Option, the limited right with respect to such related Option shall
      terminate to the extent of the shares of Common Stock with respect to which
      the
      related Option was exercised or terminated.

    

    
      	15.	
              Dilution
                or Other Adjustment

            

    

    

    If
      the
      Company is a party to any merger or consolidation, or undergoes any separation,
      reorganization or liquidation, the Board of Directors of the Company shall
      have
      the power to make arrangements, which shall be binding upon the holders of
      unexpired Awards, for the substitution of new Awards for, or the assumption
      by
      another corporation of, any unexpired Awards then outstanding hereunder. In
      the
      case of any ISO, such action shall be taken only in the manner and to the extent
      permitted by Sections 422 and 424 of the Code. In addition, in the event of
      a
      reclassification, stock split, combination of shares, separation (including
      a
      spin-off), dividend on shares of the Common Stock payable in stock, or other
      similar change in capitalization or in the corporate structure of shares of
      the
      Common Stock of the Company, the Committee shall conclusively determine the
      appropriate adjustment in the option prices of outstanding Options, in the
      number and kind of shares or other securities as to which outstanding Awards
      shall be exercisable, and in the aggregate number of shares with respect to
      which Awards may be granted. In the case of any ISO, any such adjustment in
      the
      shares or other securities subject to the ISO (including any adjustment in
      the
      Option price) shall be made in such manner as not to constitute a modification
      as defined by Section 424(h)(3) of the Code and only to the extent permitted
      by
      Sections 422 and 424 of the Code.

     

    
      
         

      

      
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      	16.	
              Assignability

            

    

    

    No
      Award
      granted under this Plan shall be sold, pledged, assigned or transferred other
      than by will or the laws of descent and distribution, and Awards shall be
      exercisable during the employee's lifetime only by the employee.

    

    
      	17.	
              Amendment
                or Termination

            

    

    

    The
      Board
      of Directors of the Company may at any time amend, suspend or terminate the
      Plan
provided,
      however,
      that (i)
      no change in any Awards previously granted may be made without the consent
      of
      the holder thereof, (ii) no amendment (other than an amendment authorized by
      Section 15) may be made increasing the aggregate number of shares of the Common
      Stock with respect to which Awards may be granted, reducing the minimum option
      price at which Options may be granted, extending the maximum period during
      which
      Awards may be exercised or changing the class of employees eligible to receive
      Awards hereunder, without the approval of the holders of a majority of the
      outstanding voting shares of the Company.

    

    
      	18.	
              General
                Provisions

            

    

    

    No
      Awards
      may be exercised by the holder thereof if such exercise, and the receipt of
      cash
      or stock thereunder, would be, in the opinion of counsel selected by the
      Company, contrary to law or the regulations of any duly constituted authority
      having jurisdiction over the Plan.

    

    Absence
      on leave approved by a duly constituted officer of the Company or any of its
      subsidiaries shall not be considered interruption or termination of service
      of
      any employee for any purposes of the Plan or Awards granted thereunder, except
      that no Awards may be granted to an employee while he or she is absent on
      leave.

    

    No
      Award
      recipient shall have any rights as a shareholder with respect to any shares
      subject to Awards granted to him or her under the Plan prior to the date as
      of
      which he or she is actually recorded as the holder of such shares upon the
      stock
      records of the Company.

    

    
      
         

      

      
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    Nothing
      contained in the Plan or in Awards granted thereunder shall confer upon any
      employee any right to continue in the employ of the Company or any of its
      subsidiaries or interfere in any way with the right of the Company or any of
      its
      subsidiaries to terminate his or her employment at any time.

    

    Any
      Award
      agreement may provide that stock issued upon exercise of any Awards may be
      subject to such restrictions, including, without limitation, restrictions as
      to
      transferability and restrictions constituting substantial risks or forfeiture
      as
      the Committee may determine at the time such Award is granted.

    

    
      	19.	
              Effective
                Date

            

    

    

    The
      Plan
      shall become effective on the date of its adoption by the Board of Directors
      of
      the Company subject to approval of the Plan by the holders of a majority of
      the
      outstanding voting shares of the Company within 12 months after the date of
      the
      Plan's adoption by said Board of Directors. In the event of the failure to
      obtain such shareholder approval, the Plan shall be null and void and the
      Company shall have no liability thereunder. No Award granted under the Plan
      shall be exercisable until such shareholder approval has been
      obtained.

    

    
      	20.	
              Termination

            

    

    

    No
      Award
      may be granted under the Plan on or after the date which is ten (10) years
      following the effective date specified in Section 19, but Awards previously
      granted may be exercised in accordance with their terms.

    

    
      	21.	
              Governing
                Law

            

    

    

    The
      Plan
      and such Options as may be granted thereunder and all related matters shall
      be
      governed by, and construed and enforced in accordance with, the laws of the
      State of Nevada, from time to time obtaining, without giving effect to conflict
      of law principles thereof.

     

     

    
      
         

      

      
        10MANAS
      PETROLEUM CORPORATION

    2007
      OMNIBUS PLAN

    NON-QUALIFIED
      STOCK OPTION AGREEMENT

    

    THIS
      AGREEMENT is made and entered into as of __________ ___, 200_, between
      grantor Manas Petroleum Corporation, a Nevada corporation (formerly known as
      Express Systems Corporation) (the "Corporation"), DWM Petroleum AG, a Swiss
      corporation and wholly-owned subsidiary of the Corporation ("DWM Petroleum”),
      and grantee, ____________________ (the "Consultant").

    

    WITNESSETH:

    

    WHEREAS,
      Consultant is a valued advisor of the Corporation or a subsidiary of the
      Corporation (the “Subsidiary”);

    

    WHEREAS,
      the Corporation considers it desirable and in its best interest and the best
      interest of the Subsidiary, that the Consultant be provided an inducement to
      acquire an ownership interest in the Corporation and an additional incentive
      to
      advance the interest of the Corporation and Subsidiary through the grant of
      an
      option to purchase shares of the common stock of the Corporation pursuant to
      the
      Corporation’s 2007 Omnibus Plan (the “Plan”); and

     

    WHEREAS,
      the Omnibus Committee of the Board of Directors of the Corporation (the
      "Compensation Committee") on ___________ ___, 200_, (the “Grant Date”) upon the
      request of Manas Petroleum, approved the grant to Consultant of awards under
      the
      Plan and established the terms and conditions of such awards, as contained
      in
      this Agreement.

    

    NOW,
      THEREFORE, the parties hereto agree as follows:

    

    1.
      GRANT
      OF OPTION. Consultant shall have the right and option to purchase on the terms
      and conditions set forth herein and in the Plan, all or any part of an aggregate
      of ___________ shares ("Option Shares") of the $0.001 par value common stock
      of
      the Corporation (the "Common Stock") at the purchase price of $__ per share
      (the
      "Option Price"). The Option Price is 100% of the fair market value of the Common
      Stock on the Grant Date.

    

    2.
      TERMS
      AND CONDITIONS. It is understood and agreed that the option evidenced hereby
      is
      subject to the following terms and conditions:

    

    (a)
      Expiration Date. The option shall expire on the tenth anniversary of the Grant
      Date, unless earlier terminated as provided herein or under the Plan (the
      "Expiration Date"). After the Expiration Date, Consultant shall have no further
      rights to exercise any option granted hereunder. Nothing contained in this
      Agreement, including without limitation no part of this Section 2 or Section
      8,
      shall extend the time period during which the option can be exercised beyond
      the
      Expiration Date.

    

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    (b)
      Exercise of Option. The option covered by this Agreement may
      be
      exercised by Consultant from time to time, in whole or in part, up to the
amount
      set forth in the following schedule during the period beginning on the
date
      indicated below and ending on the Expiration Date:

     

    
      
        	 	
                Cumulative
                  Number of

              
	
                On
                  or after

              	
                Options
                  Exercisable

              
	
                ____________________

              	
                _______________________

              

      

    

    

    Vesting
      strategy: 1/12 per quarter 

     

    Notwithstanding
      the foregoing, upon the occurrence of a Change in Control (as defined in the
      Plan) of the Corporation, all options that have not been previously exercised
      and have not previously expired shall, as of such Change of Control, become
      fully and immediately vested and exercisable and may be exercised for the
      remaining term of such option. 

    

    (c)
      Method of Exercise and Payment of Purchase Price Upon Exercise.
      The method of exercise of the option shall be by giving written notice to the
      Corporation. Payments shall be made at the time of exercise and shall be in
      cash
      or in shares of Common Stock. In the event payment is made in shares of Common
      Stock, such shares shall be valued at their fair market value on the date of
      exercise. Such fair market value shall be determined as provided for in the
      Plan, including the provisions of Section 10 of the Plan. Consultant
      acknowledges that (i) if no public market exists for the Common Stock on any
      date on which the fair market value is to be determined, the Compensation
      Committee shall, in its sole discretion and best judgment, determine the fair
      market value of a share, and (ii) any such determination by the Compensation
      Committee of the fair market value of a share shall be conclusive. The option
      is
      not exercised until both the written notice and the payment for the shares
      exercised are actually received by the Corporation.

    

    (d)
      Exercise Upon Death. In the event that Consultant ceases to be employed by
      Corporation or its subsidiaries by reason of death, the option shall become
      immediately exercisable, notwithstanding the schedule in Section 2(b) hereof,
      and may thereafter be exercised as to all shares subject to the option by the
      legal representative of the estate, by the person or persons entitled to the
      option under the Consultant's will or the laws of descent and distribution,
      as
      appropriate, until the earlier of (i) the third anniversary of the date of
      Consultant’s death and (ii) the Expiration Date.

    

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    (e)
      Exercise Upon Termination of Employment While Disabled. In the event that
      Consultant ceases to be employed by the Corporation or its subsidiaries while
      Disabled, as defined below, except for Cause, as defined in Section 8, the
      option shall become immediately exercisable, notwithstanding the schedule in
      Section 2(b) hereof, and may thereafter be exercised as to all shares subject
      to
      the option until the earlier of (i) the first anniversary of the date of
      Consultant’s termination of employment and (ii) the Expiration Date; provided
      however that if Consultant dies prior to the expiration of his options as
      provided for in the preceding clauses (i) and (ii), his option may thereafter
      be
      exercised as to all shares subject to the option by the legal representative
      of
      the estate, by the person or persons entitled to the option under the
      Consultant's will or the laws of descent and distribution, as appropriate,
      until
      the earlier of (x) the third anniversary of the date of Consultant’s termination
      of employment and (y) the Expiration Date. As an express condition to the
      applicability of this Section 2(e), Consultant agrees to cooperate with the
      Corporation in determining whether Consultant is Disabled, including without
      limitation providing documentation from health care providers and submitting
      to
      medical examinations upon request by the Corporation. For purposes of this
      Agreement, Consultant shall be considered to be Disabled if Consultant is
      totally and permanently disabled according to the standards contained in the
      Corporation's long-term disability plan, as applied by the Corporation, or
      according to such other reasonable standard that the Corporation may apply,
      in
      its sole discretion.

    

    (f)
      Exercise Upon Normal or Early Retirement. In the event that Consultant ceases
      to
      be employed by the Corporation or its subsidiaries by reason of Normal
      Retirement or Early Retirement (as defined below), the option shall become
      immediately exercisable, notwithstanding the schedule in Section 2(b) hereof,
      and may thereafter be exercised as to all shares subject to the option until
      the
      earlier of (i) the first anniversary of the date of Consultant’s termination of
      employment and (ii) the Expiration Date; provided however that if Consultant
      dies prior to the expiration of his options as provided for in the preceding
      clauses (i) and (ii), his option may thereafter be exercised as to all shares
      subject to the option by the legal representative of the estate, by the person
      or persons entitled to the option under the Consultant's will or the laws of
      descent and distribution, as appropriate, until the earlier of (x) the third
      anniversary of the date of Consultant’s termination of employment and (y) the
      Expiration Date. For the purposes of this section 2(f) "Early Retirement" shall
      mean the Consultant's retirement on a date prior to the Consultant's
      65th
      birthday
      and "Normal Retirement" shall mean the Consultant's retirement on or following
      the Consultant's 65th
      birthday.

    

    (g)
      Exercise Upon Termination of Employment by Reason Other than Death, Disability,
      or Retirement. Except as provided in Section 2(d), Section 2(e) and Section
      2(f), in the event that Consultant ceases to be employed by the Corporation
      or
      its subsidiaries for any reason, the option or any unexercised portions thereof
      shall expire upon termination of Consultant's employment with the Corporation
      or
      its subsidiaries; provided that if the Consultant’s termination is other than
      for Cause, Consultant’s option, to the extent then exercisable, may thereafter
      be exercised as to such then exercisable options until the earlier of (i) the
      three month anniversary of the date of Consultant’s termination of employment
      and (ii) the Expiration Date; provided however that if Consultant dies prior
      to
      the expiration of his exercisable options as provided for in the preceding
      clauses (i) and (ii), his option may thereafter be exercised as to all shares
      subject to the option by the legal representative of the estate, by the person
      or persons entitled to the option under the Consultant's will or the laws of
      descent and distribution, as appropriate, until the earlier of (x) the third
      anniversary of the date of Consultant’s termination of employment and (y) the
      Expiration Date. The exercise of the option after termination of employment
      may
      cause the option to become a non-qualified stock option. 

    

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    3.
      NON-QUALIFIED STOCK OPTION. This option is intended to be a non-qualified stock
      option for all of the shares subject to the option hereunder that shall be
      governed by the provisions of the Plan relating to non-qualified stock options.
      It is not intended to be an incentive stock option within the meaning of Section
      422(b) of the Internal Revenue Code of 1986, as amended (the "Code").

    

    4.
      NO
      RIGHTS AS SHAREHOLDER. No option granted hereunder shall entitle the holder
      thereof to any rights as a shareholder in the Corporation with respect to any
      shares to which the option relates until such option has been exercised properly
      and paid for in full and stock certificates for the corresponding shares have
      been so issued and delivered. Except as may be provided for in the Plan, no
      adjustment will be made for dividends or other rights for which the record
      date
      is prior to the date such stock certificates are issued. 

    

    5.
      RESTRICTIONS ON TRANSFER OF SHARES. Consultant hereby agrees for himself or
      herself and his or her legal representative, heirs and distributees, that if
      a
      registration statement covering the shares issuable upon exercise of any option
      hereunder is not effective under the Securities Act of 1933, as amended (the
      "Act"), at the time of such exercise, or if some other exemption from the
      provisions of the Act is not available, then all shares of Common Stock then
      received or purchased upon such exercise shall be acquired for investment,
      and
      that the notice of exercise delivered to the Corporation shall be
      accompanied by a representation in writing acceptable in scope and form to
      counsel to the Corporation and signed by Consultant or Consultant's legal
      representative, heirs or distributees, as the case may be, to the effect that
      the shares are being acquired in good faith for investment and not with a view
      to distribution thereof. Any shares so acquired may be deemed restricted
      securities under Rule 144 as promulgated by the Securities and Exchange
      Commission under the Act, and as the same may be amended or replaced and
subject
      to restrictions upon sale or other disposition and may bear any required legend,
      or other legend deemed appropriate by the Corporation, to that effect.

    

    6.
      REGISTRATION OF SHARES. If at any time the Board of Directors of the Corporation
      or the Compensation Committee shall determine that the listing, registration
      or
      qualification of any shares subject to the option upon any securities exchange,
      or under any state or federal law, or the consent or approval of any
      governmental or regulatory body is necessary or desirable as a condition of
      or
      in connection with the issuance or purchase of shares hereunder, the option
      may
      not be exercised in whole or in part unless such listing, registration,
      qualification, consent, or approval has been effected or obtained free of any
      conditions not acceptable to the Board of Directors or to the Compensation
      Committee.

    

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    7.
      TRANSFER OF RIGHTS. This option is not transferable except by will or by the
      laws of descent and distribution and shall be exercisable during Consultant's
      lifetime only by Consultant. After the death of Consultant, this option may
      be
      exercised only by Consultant's estate or by the person or persons entitled
      to
      the option under Consultant's will or the laws of descent and distribution,
      as
      appropriate. In the event the option is transferred by reason of the
      Consultant's death, the option may be exercised thereafter only to the extent
      that the Consultant would have been entitled to exercise the option had the
      option not been transferred.

    

    8.
      COVENANTS. In consideration of the Corporation, DWM Petroleum, or one or more
      of
      the subsidiaries or affiliates of either (hereinafter collectively referred
      to
      as the “Manas Petroleum Group”) disclosing confidential and proprietary
      information, as more fully described below, after the date hereof, the grant
      by
      the Corporation of the option, and other good and valuable consideration, the
      receipt and sufficiency of which are hereby acknowledged, Consultant, the
      Corporation and DWM Petroleum, intending to be legally bound, hereby agree
      as
      follows:

    

    (a)
      Consultant specifically recognizes and affirms that each of the covenants
      contained in the “Covered Provisions” (as defined below) is a material and
      important term of this Agreement which has induced the Corporation to provide
      for the award of the option granted hereunder, the disclosure of confidential
      information referenced herein, and the other promises made by the Corporation
      herein, and Consultant further agrees that should all or any part or application
      of the Covered Provisions be held or found invalid or unenforceable for any
      reason whatsoever by a court of competent jurisdiction in an action between
      Consultant and the Corporation, or any member of the Manas Petroleum Group,
      the
      Corporation shall be entitled to receive (but not obligated to acquire) from
      Consultant all Common Stock held by Consultant which was obtained by Consultant
      under this Agreement (including all shares obtained by virtue of any stock
      dividend or distribution, recapitalization, merger, consolidation, split-up,
      combination, exchange of shares, or other transaction, hereinafter "stock
      dividends") by returning to Consultant
      for each share received the Option Price paid by Consultant (as adjusted for
      stock dividends). If Consultant has sold, transferred, or otherwise disposed
      of
      Common Stock obtained under this Agreement (including all shares obtained by
      virtue of any stock dividend), the Corporation shall be entitled to receive
      from
      Consultant the difference between the Option Price paid by Consultant and the
      fair market value of the Common Stock (including all shares obtained by virtue
      of any stock dividends) on the date of sale, transfer, or other
      disposition.

    

    (b)
      For
      purposes of this Agreement, the “Covered Provisions” shall mean those covenants
      relating to the Consultant’s agreement to (i) not disclose and/or use
      confidential or proprietary information of any member of the Manas Petroleum
      Group, (ii) not compete against any member of the Manas Petroleum Group, or
      (iii) not solicit customers, vendors or Consultants of any member of the Manas
      Petroleum Group which covenants are contained in any employment agreement,
      confidentiality or non-disclosure agreement or non-competition agreement between
      Consultant, on the one hand, and one or more members of the Manas Petroleum
      Group on the other hand.

    

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    (c)
      For
      purposes of this Agreement, "Cause" shall mean (i) commission of a felony or
      a
      crime involving moral turpitude, that is materially and demonstrably
injurious
      to the Corporation, or (ii) deliberate, willful or gross misconduct and, in
      any
      event, the determination of the Compensation Committee or the Board of Directors
      of the Corporation with respect thereto shall be final and conclusive.
      Notwithstanding the foregoing, in the event the Consultant is a party to an
      employment agreement with the Corporation or any subsidiary of the Corporation
      that contains a definition of “cause,” such definition shall apply to the
      Consultant for purposes of this Agreement.

    

    9.
      PLAN
      TO CONTROL. The Plan is incorporated in this Agreement by this reference. Any
      question of interpretation or application of the Plan or this Agreement shall
      be
      resolved by the Compensation Committee and its determination shall be final
      and
      binding on the Corporation and Consultant. In the event of any conflict between
      the provisions of the Plan and of this Agreement, the Plan shall control.
      Consultant hereby acknowledges that a copy of the Plan has been made available
      to Consultant and Consultant agrees to be bound by all the terms and provisions
      thereof.

    

    10.
      EMPLOYMENT. This Agreement shall not obligate the Corporation or any of its
      subsidiaries to employ Consultant for any period, nor shall it interfere in
      any
      way with the right of the Corporation or one of its subsidiaries to reduce
      Consultant’s compensation.

    

    11.
      WITHHOLDING TAX. Where the Consultant or another person is entitled to receive
      the Option Shares pursuant to the exercise of this option, the Corporation
      shall
      have the right to require the Consultant or such other person to pay to the
      Corporation the amount of any taxes which the Corporation or any of its
      affiliates is required to withhold with respect to the Option Shares, or in
      lieu
      thereof, to retain, or sell without notice, a sufficient number of the Option
      Shares to cover the amount required to be withheld, or, in lieu of any of the
      foregoing, to withhold a sufficient sum from the Consultant’s compensation
      payable by the Corporation to satisfy the Corporation’s tax withholding
      requirements.

    

    12.
      NOTICES. All notices hereunder shall be in writing and, if to the Corporation,
      shall be delivered personally to the Corporate Secretary or mailed to the
      Corporation's principal office at Bahnhofstrasse 9, P.O. Box 155, CH-6341 Baar,
      Switzerland addressed to the attention of the Corporate Secretary; and if to
      Consultant, shall be delivered personally or mailed to him at the address noted
      below. Such addresses may be changed at any time by notice from one party to
      the
      other.

    

    13.
      BINDING EFFECT. This Agreement shall bind and inure to the benefit of the
      parties hereto, the successors and assigns of the Corporation and the person
      to
      whom the rights of Consultant are transferred by will or the laws of descent
      and
      distribution.

    

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

    14.
      HEADINGS. The section headings used herein are solely for reference only and
      shall not affect in any way the meaning and interpretation of the terms and
      conditions set forth herein.

    

    15.
      GOVERNING LAW. This Agreement and all related matters shall be governed by,
      and
      construed and enforced in accordance with, the laws of the State of Nevada,
      United States of America, from time to time obtaining, without giving effect
      to
      conflict of law principles thereof. For purposes of litigating any dispute
      that
      arises under this Agreement, the parties hereby consent to exclusive
      jurisdiction in British Columbia, Canada and agree that such litigation shall
      be
      conducted in the courts of British Columbia, Canada.

    

    16.
      SEVERABILITY. The provisions of this Agreement are severable and if any one
      or
      more provisions may be determined to be illegal or otherwise unenforceable,
      in
      whole or in part, the remaining provisions, and any partially unenforceable
      provision to the extent enforceable in any jurisdiction, shall nevertheless
      be
      binding and enforceable.

    

    17.
      WAIVER. The waiver by the Corporation of a breach of any provision of this
      Agreement by Consultant shall not operate or be construed as a waiver of any
      subsequent breach by Consultant.

    

    

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

     

    IN
      WITNESS WHEREOF, the parties hereto have executed this Agreement as of
      the
      date first above written.

    

    
      	 	
              MANAS
                PETROLEUM CORPORATION

            
	 	 
	 	
              By:_________________________________

            
	 	
              Name:
                

            
	 	
              Title:
                

            
	 	 
	 	
              DWM
                PETROLEUM AG

            
	 	 
	 	
              By:
                ________________________________

            
	 	
              Name:
                

            
	 	
              Title:
                

            
	 	 
	 	
              CONSULTANT:

            
	 	 
	 	
              
                _________________________________

              

            
	 	
              Signature

            
	 	 
	 	
              Date:_____________________________

            
	 	 
	 	 
	 	
              
                _________________________________

              

            
	 	
              Printed
                Name

            
	 	 
	 	
              
                _________________________________

              

            
	 	
              Address

            
	 	 
	 	
              _________________________________

            
	 	
              City
                State Zip

            

    

    

    

    
      
         

      

      
        8

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