Document:

exv10w10

 

Exhibit 10.10

CONSULTING AGREEMENT 

     THIS CONSULTING AGREEMENT is made and effective as of February___, 2007, by and between Inner
Mongolia Production Company, LLC, a New York limited liability company (the “Company”), and Dr. Y.
M. Shum (“Consultant”).

RECITALS 

	 	A.	 	The Company is a development stage company engaged in developing new energy
ventures in the Far East (including East Asia, South Asia, Southeast Asia and Russia).
	 
	 	B.	 	The Company has a need for general business consulting services, including
consulting services in the areas of, without limitation, (i) sourcing and developing
energy ventures, (ii) conducting energy business operations in the Far East, including
energy ventures and (iii) public company business operations in the United States
(collectively and individually, the “Specialty Areas”).
	 
	 	C.	 	Consultant has expertise and knowledge in one or more of the Specialty Areas and
provides consulting in one or more of the Specialty Areas.
	 
	 	D.	 	Consultant desires to provide consulting services to the Company in one or more of
the Specialty Areas on the terms and conditions contained herein.

     NOW, THEREFORE, in consideration of the foregoing and the terms and conditions hereinafter set
forth, the parties mutually agree as follows.

     1. Engagement as Consultant; Services.

          1.1 The Company agrees to engage Consultant to provide, and Consultant agrees to provide,
consulting services in one or more of the Specialty Areas (the “Services”) on the terms and
conditions set forth herein. Consultant’s primary contact at the Company will be Frank Ingriselli,
or such other person the Manager of the Company may designate in writing.

          1.2 In agreeing to perform work hereunder, Consultant represents, warrants and covenants that
(a) Consultant has the capability, experience, and means necessary to perform the Services; (b)
Consultant will perform the Services at such times and in accordance with the priorities and
instructions mutually agreed by the Company and Consultant; (c) Consultant will perform the
Services in a workmanlike manner with reasonable skill and care ordinarily exercised by members of
the profession practicing under similar conditions and in accordance with accepted industry
practices and professional guidelines; (d) Consultant will perform the Services in accordance with
all applicable U.S. federal, state and local laws, rules, regulations, code, ordinances, and orders
and all relevant and applicable foreign legislation (including but not limited to directives,
statutes, laws, regulations and codes of practice); (e) Consultant will not, in performing the
Services, disclose, violate, infringe or misappropriate any trade secrets, proprietary information,
trademark, copyright, or patent rights of third-parties; (f) while on the Company’s premises,
Consultant will abide by all safety and other instructions generally

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applicable to the Company employees and representatives; and (g) neither this Agreement nor
Consultant’s Services hereunder will violate any policy, rule or regulation of, or any written
agreement, Consultant or any employee of Consultant has with any other employer, former employer or
any other third party.

          1.3 Consultant recognizes that the Company may utilize the consulting services of third
parties. Nothing contained in this Agreement requires the Company to solely utilize Consultant to
provide consulting services in any of the Specialty Areas.

          1.4 Neither Consultant, nor any of its directors, managers, officers, agents or employees, or
any Affiliate of any of the foregoing, has or will during the course of or in connection with the
provision of Services to the Company under this Agreement: (a) made any unlawful contributions,
gifts, entertainment or other unlawful expenses relating to political activity for or on behalf of
the Company; (b) made any payment in violation of applicable Law to foreign or domestic government
officials or employees or to foreign or domestic political parties or campaigns or violated any
provision of the Foreign Corrupt Practices Act of 1977, as amended, for or on behalf of the
Company; or (c) made any other payment in violation of applicable law for or on behalf of the
Company.

     2. Term; Termination 

          2.1 The term of this Agreement will commence as of the date set forth on page 1 and terminate,
subject to earlier termination in accordance with this Agreement, on the first anniversary of the
date hereof (the “Initial Term”). This Agreement will automatically renew after the Initial Term
for consecutive twelve (12) month periods (the “Renewal Period”) unless terminated in writing by
either party within 60 days of expiration of either the Initial Term or any Renewal Period.

          2.2 This Agreement is subject to the following rights of early termination:

               a. Either party may immediately terminate this Agreement by giving written notice to the other
party, in the event of (i) the other party’s bankruptcy, insolvency, or the filing of a petition
therefore or (ii) the other party materially defaults in the performance of its obligations
hereunder.

               b. Either party may terminate this Agreement by giving the other party thirty (30) days prior
written notice of its intent to terminate this Agreement, except that each party will be obligated
to perform its outstanding obligations hereunder.

     3. Compensation 

          3.1 In consideration for the Services, the Company agrees to compensate Consultant at the rate
of $1,000 a day for work done on behalf of and as requested by the Company. Company guarantees
Consultant at least 5 days of work per month, notwithstanding actual work done. Additional days
will be compensated at the rate of $1,000 a day.

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          3.2 In addition to the foregoing, the Company agrees to reimburse Consultant for reasonable
travel expenses incurred at the Company’s request in connection with the Services and in accordance
with the Company’s travel and reimbursement policy.

          3.3 Consultant will submit to the Company an invoice for reimbursable expenses owed by the
Company, accompanied by original receipts supporting the request for reimbursement. The Company
will pay Consultant’s reimbursable expenses within thirty (30) days of receipt of invoice and
supporting documentation.

          3.4 It is understood and agreed that Consultant (and Consultant’s employees) will not be
eligible for, and will not receive, on account of this Agreement, any employee benefits or special
compensation under any plans promulgated by the Company.

          3.5 In consideration for the Services, the Company agrees to issue to Consultant the One
Thousand Four Hundred Seventy One (1,471) of the Company’s Class A Membership Interests (as such
term is defined in the Company’s Amended and Restated Operating Agreement (the “Operating
Agreement”)) (the “Interests”). Such interests shall be fully vested as of the date hereof. In
consideration of the Company’s issuance of the Interests hereby, Consultant makes the following
representations and warranties to the Company and to its principals, jointly and severally:

          a. Consultant has received a copy of the Operating Agreement. Consultant has reviewed the
Operating Agreement. Consultant agrees to the terms and conditions of the Operating Agreement to
the same extent as though it were a signatory thereof. If requested by the Manager, Consultant will
promptly execute and deliver a copy of the Operating Agreement.

          b. Consultant acknowledges that Consultant has not seen, received, been presented with, or
been solicited by any leaflet, public promotional meeting, newspaper or magazine article or
advertisement, radio or television advertisement, or any other form of advertising or general
solicitation with respect to the Interests.

          c. The Interests are being purchased for Consultant’s own account for long-term investment and
not with a view to immediately re-sell the Interests. No other person or entity will have any
direct or indirect beneficial interest in, or right to, the Interests.

          d. Consultant acknowledges that the Interests have not been registered under the Securities
Act of 1933, as amended (the “Securities Act”), or qualified under the California Securities Law,
or any other applicable blue sky laws, in reliance, in part, on Consultant’s representations,
warranties and agreements made herein.

          e. No person has made to Consultant any written or oral representations:

               (i) that any person will resell or repurchase any of the Interests;

               (ii) that any person will refund the purchase price of any of the Interests;

               (iii) as to the future price or value of any of the Interests; or

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               (iv) that any of the Interests will be listed and posted for trading on any stock
exchange or automated dealer quotation system or that application has been made to list and post
any of the Interests of the Company on any stock exchange or automated dealer quotation system.

          f. Other than the rights specifically set forth in the Amended Operating Agreement, Consultant
represents, warrants and agrees that the Company and the officers of the Company (the “Company’s
Officers”) are under no obligation to register or qualify the Interests under the Securities Act or
under any state securities law, or to assist the undersigned in complying with any exemption from
registration and qualification.

          g. Consultant represents that Consultant meets the criteria for participation because: (i)
Consultant has a preexisting personal or business relationship with the Company or one or more of
its partners, officers, managers or controlling persons; or (ii) by reason of Consultant’s business
or financial experience, or by reason of the business or financial experience of its financial
advisors who are unaffiliated with, and are not compensated, directly or indirectly, by the Company
or any affiliate or selling agent of the Company, Consultant is capable of evaluating the risk and
merits of an investment in the Interests and of protecting its own interests.

          h. Consultant represents that Consultant is an “accredited investor” within the meaning of
Rule 501 of Regulation D under the Securities Act and Consultant has executed the Certificate of
Accredited Investor Status, attached hereto as Annex A.

          i. Consultant understands that the Interests are illiquid, and until registered with the
Securities Exchange Commission, or an exemption from registration becomes available, cannot be
readily sold as there will not be a public market for them, and that Consultant may not be able to
sell or dispose of the Interests, or to utilize the Interests as collateral for a loan. Consultant
must not purchase the Interests unless Consultant has liquid assets sufficient to assure Consultant
that such purchase will cause it no undue financial difficulties, and that Consultant can still
provide for current and possible personal contingencies, and that the commitment herein for the
Interests, combined with other investments of Consultant, is reasonable in relation to its net
worth.

          j. Consultant understands that the right to transfer the Interests will be restricted unless
the transfer is not in violation of the Securities Act, the California Securities Law, and any
other applicable state securities laws (including investment suitability standards), that the
Company will not consent to a transfer of the Interests unless the transferee represents that such
transferee meets the financial suitability standards required of an initial participant, and that
the Company has the right, in its absolute discretion, to refuse to consent to such transfer.

          k. Consultant has been advised to consult Consultant’s own legal, tax and other advisors with
respect to the merits and risks of an investment in the Interests and with respect to applicable
resale restrictions, and it is solely responsible (and the Company is not in any way responsible)
for compliance with:

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               (i) any applicable laws of the jurisdiction in which Consultant is resident in connection with
the distribution of the Interests hereunder, and

               (ii) applicable resale restrictions; and

               (iii) this Agreement is not enforceable by Consultant unless it has been accepted by the
Company, and Consultant acknowledges and agrees that the Company reserves the right to reject any
subscription for any reason.

          l. Consultant acknowledges that the tax consequences of investing in the Company will depend
on particular circumstances, and neither the Company, the Company’s officers, any other investors,
nor the partners, members, managers, agents, officers, managers, employees, affiliates or
consultants of any of them, will be responsible or liable for the tax consequences to Consultant of
an investment in the Company. Consultant will look solely to and rely upon its own advisers with
respect to the tax consequences of this investment.

          m. All information which Consultant has provided to the Company concerning Consultant, its
financial position and its knowledge of financial and business matters, and any information found
in the Certificate of Accredited Investor Status, is truthful, accurate, correct, and complete as
of the date set forth herein.

          n. Each certificate or instrument representing securities issuable pursuant to this Agreement
will be endorsed with the following legend:

     “THE SECURITIES EVIDENCED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED OR HYPOTHECATED UNLESS THERE IS
AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT COVERING SUCH SECURITIES, THE TRANSFER IS MADE
IN COMPLIANCE WITH RULE 144 PROMULGATED UNDER SUCH ACT OR THE COMPANY RECEIVES AN OPINION OF
COUNSEL FOR THE HOLDER OF THESE SECURITIES WHICH IS REASONABLY SATISFACTORY TO THE COMPANY, STATING
THAT SUCH SALE, TRANSFER, ASSIGNMENT OR HYPOTHECATION IS EXEMPT FROM THE REGISTRATION AND
PROSPECTUS DELIVERY REQUIREMENTS OF SUCH ACT.

     THE SALE OR TRANSFER OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE IS SUBJECT TO THE TERMS
AND CONDITONS OF THE COMPANY’S AMENDED AND RESTATED OPERATING AGREEMENT. COPIES OF SUCH AGREEMENT
MAY BE OBTAINED UPON WRITTEN REQUEST TO THE SECRETARY OF THE COMPANY.”

     4. Confidentiality

          4.1 Consultant understands and agrees that in the course of providing the Services hereunder,
Consultant may receive or otherwise learn certain items of business, technical, financial or other
information owned by or otherwise in the possession of the Company (“Confidential Information”).
Confidential Information may include, by way of example but without limitation, products,
specifications, formulae, equipment, business

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strategies, customer lists, know-how, drawings, pricing information, inventions, ideas, and their
potential uses. Consultant agrees to take and maintain proper and appropriate steps to protect
Confidential Information. Consultant agrees to disclose the Confidential Information only to
employees or agents of Consultant who are directly involved with the Services contemplated by this
Agreement, and even then only to such extent as is reasonably necessary to perform the Services.
Consultant agrees to inform such employees and agents of the confidential nature of the information
disclosed hereunder and to cause all such employees and agents to abide by the terms of this
Agreement. Consultant agrees not to disclose Confidential Information to any unauthorized party
without prior express written consent of the Company or unless required by law or court order. If
Consultant is required by law or court order to disclose Confidential Information, to the extent
permitted by law, Consultant agrees to provide the Company prompt written notice of such
requirement so that an appropriate protective order or other relief may be sought.

          4.2 Consultant agrees to use Confidential Information only in connection with the Services
contemplated by this Agreement. Consultant agrees to make no other use of Confidential Information,
it being recognized that the Company has reserved all rights to Confidential Information not
expressly granted herein. All documents containing Confidential Information shall remain the
property of the Company. Upon the request of the Company, Consultant agrees to destroy any
documents prepared by Consultant using Confidential Information or derived there from and
Consultant agrees to provide confirmation of such destruction in writing. Consultant may, however,
keep one archival copy of any such document in its files for record purposes only.

          4.3 The obligations of confidentiality and non-use set forth in this section will not apply to
any information which:

          a. is in the public domain prior to disclosure by the Company to Consultant;

          b. becomes part of the public domain, by publication or otherwise, through no unauthorized act
or omission on the part of Consultant; or

          c. is lawfully in Consultant’s possession prior to disclosure by the Company.

          4.4 The obligations imposed by this section, including but not limited to nondisclosure and
non-use, however, shall endure so long as the Confidential Information does not become part of the
public domain.

     5. Independent Contractor 

          Nothing in this Agreement is to be construed to deem the relationship between the parties to
be one of master/servant, principal/agent, or employer/employee. To the contrary, the relationship
of Consultant to the Company is that of independent contractor, and Consultant will have no
authority to (i) make any binding decision for, or on behalf of, the Company or (ii) commit the
Company to any contract, obligation, debt, or other liability. None of Consultant’s employees will
be deemed to be employees of the Company.

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     6. Liability for Breach; Indemnification; Remedies

          6.1 Consultant agrees to indemnify and hold harmless the Company, its directors, officers,
employees, agents and representatives from and against any and all claims, damages, liabilities,
fines, penalties, costs and expenses (including reasonable attorneys’ fees) to which the Company
may be subjected as a result of Consultant’s, its employee’s or agent’s performance hereunder in a
manner that is negligent, grossly negligent, reckless, or willfully improper.

          6.2 The Company agrees to indemnify and hold harmless Consultant, its directors, officers,
employees, agents and representatives from and against any and all claims, damages, liabilities,
fines, penalties, costs and expenses (including reasonable attorneys’ fees) to which Consultant may
be subjected to the extent caused by the Company’s, its employee’s or agent’s (i) business
operations, including, without limitation, the Company employee claims, (ii) performance hereunder
in a manner that is negligent, grossly negligent, reckless, or willfully improper or (iii) breach
of this Agreement.

          6.3 Not withstanding anything herein to the contrary, UNDER NO CIRCUMSTANCES SHALL EITHER
PARTY BE ENTITLED TO INCIDENTAL, INDIRECT, CONSEQUENTIAL, SPECIAL OR PUNITIVE DAMAGES ARISING IN
CONNECTION WITH THE DEFAULT OR BREACH OF ANY OBLIGATION OF THE OTHER PARTY UNDER THIS AGREEMENT,
ANY ORDER OR ANY DOCUMENTS OR APPENDICES RELATED THERETO.

          6.4 Consultant recognizes that the Company will be irreparably harmed by a violation of
Consultant’s confidentiality, non-use or other obligations hereunder. Therefore, in addition to any
other available remedies, the Company is entitled to an injunction or other decree of specific
performance with respect to any violation thereof by Consultant.

     7. Assignment

          This Agreement may not be assigned by either party without the express written consent of the
other party.

     8. Non-Transferability

          Consultant will not have any right to anticipate, encumber, or dispose of any payment or other
rights hereunder, which payments and rights are non-assignable and nontransferable.

     9. Governing Law and Language and Jurisdiction

          9.1 This Agreement is to be construed, performed, and enforced in accordance with the laws of
the State of New York, United States of America, disregarding its conflicts of law rules.

          9.2 With respect to any claim, suit, action, or proceeding with respect to which the Company
is entitled to access the courts under Section 11.5, Consultant expressly

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agrees and irrevocably submits to the non-exclusive jurisdiction of the state and federal courts of
New York over any such claim, suit, action, or proceeding.

     10. Dispute Resolution

          10.1 The parties agree that, except as provided below, all disputes arising out of or relating
to this Agreement or the breach thereof will be promptly submitted to and settled by arbitration in
accordance with the Commercial Arbitration Rules, then in effect, of the American Arbitration
Association (“AAA”), except to the extent modified herein. Judgment on the award rendered may be
entered in any court having jurisdiction thereof.

          10.2 Each party will within thirty (30) days of receipt of notice that the matter has been
referred to arbitration, appoint one arbitrator and, within thirty (30) days of the appointment of
the last of such two arbitrators the two arbitrators will appoint a third arbitrator. If either
party or the two arbitrators fail to timely appoint an arbitrator, AAA will appoint the last
arbitrator. The arbitrators will not be empowered to award punitive or exemplary damages.

          10.3 Unless otherwise determined by the arbitration panel, the parties will bear their
respective costs incurred in connection with the procedures described in this Section 11, except
that the parties will share equally the fees and expenses of any arbitration.

          10.4 During the pendency of any dispute resolution procedure pursuant to this Section 11, the
effectiveness of any notice of termination given pursuant to Section 3(a) will be suspended.

          10.5 Notwithstanding any other provision of this Agreement, each party will still be entitled
to access the courts to (a) toll any statute of limitation or (b) seek appropriate injunctive
relief or other equitable remedy if, in such party’s sole discretion, such action is deemed
necessary to avoid irreparable damage or preserve the status quo.

     11. Notice

          All notices to be provided hereunder must be in writing and delivered by courier, overnight
deliver, confirmed facsimile or mailed by registered or certified mail, return-receipt requested,
to the parties at the following addresses:

          If to the Company:

Inner Mongolia Production Company, LLC

250 East Hartsdale Ave

Suite: 47

Hartsdale, New York 10530

Facsimile: 914-574-8283

          If to Consultant, to the address set forth on the signature page hereof.

or such other address as either party may hereafter designate in writing by notice to the other

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party. Notice served by mail will be deemed received three (3) days after the date in which notice
is deposited in the United States mail.

     12. Severability

          All provisions contained herein are severable, and in the event any of them is held to be
invalid by any competent court or arbitrator, this Agreement is to be interpreted as if such
invalid provision were not contained herein.

     13. Waiver

          The failure of either party to insist in any one or more instances upon performance of any
terms or conditions of this Agreement, is not to be construed as a waiver of future performance of
any such term, covenant, or condition, but the obligations of either party with respect thereto
will continue in full force and effect. No waiver will be effective unless in writing and signed by
the waiving party.

     14. Survivability

          The covenants and promises herein contained in Sections 4, 6, 7, 10, 11, and 15 will survive
the expiration or earlier termination of this Agreement.

     15. Entire Agreement

          This Agreement and Exhibit(s) supersede all previous understandings between Consultant and the
Company, and contain the entire agreement between the parties with respect to the subject matter
hereof, and may not be amended, modified, or supplemented except in writing signed by both parties,
which specifically refers to this Agreement.

[Remainder of Page Intentionally Blank]

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

	 	 	 
	CONSULTANT:
	 	 
	 
	 	 
	/s/ Y. M. Shum
	 	 
	 

Dr. Y. M. Shum

	 	 

Social Security or Taxpayer I. D. Number: ###-##-####

	 	 	 
	Address:
	 	 
	 

	 	7703 De Moss Dr., Houston, TX 77036
	 

	 	(when I am away from Houston, my
mailing address is 8502 Greenbush St., Houston, TX 77025)
	 
	 	 
	Phone:

	 	713-774-6505
	 
	 	 
	E-mail:

	 	ymshum@ust.hk

	 	 	 	 	 	 	 

	 
	THE COMPANY:	 	 
	 
	 	 	 	 	 	 
	INNER MONGOLIA PRODUCTION COMPANY, LLC	 	 
	 
	 	 	 	 	 	 
	By:
	 	 	 	 	 	 
	 	 	 	 	 
	 

	 	Name:
	 	Frank C. Ingriselli	 	 
	 

	 	Title:
	 	Manager	 	 

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Annex A

CERTIFICATE OF ACCREDITED INVESTOR STATUS

     Except as may be indicated by the undersigned below, the undersigned is an “accredited
investor,” as that term is defined in Regulation D under the Securities Act of 1933, as amended
(the “Securities Act”). The undersigned has initialed the space below indicating the basis on which
he is representing his status as an “accredited investor”:

	 	 	 
	______

	 	     a bank as defined in Section 3(a)(2) of the Securities Act, or
any savings and loan association or other institution as defined in
Section 3(a)(5)(A) of the Securities Act whether acting in its
individual or fiduciary capacity; a broker or dealer registered
pursuant to Section 15 of the Securities Exchange Act of 1934, as
amended (the “Securities Exchange Act”); an insurance company as
defined in Section 2(13) of the Securities Act; an investment company
registered under the Investment Company Act of 1940 or a business
development company as defined in Section 2(a)(48) of that Act; a
small business investment company licensed by the U.S. Small Business
Administration under Section 301(c) or (d) of the Small Business
Investment Act of 1958; a plan established and maintained by a state,
its political subdivisions, or any agency or instrumentality of a
state or its political subdivisions, for the benefit of its employees,
and such plan has total assets in excess of $5,000,000; an employee
benefit plan within the meaning of the Employee Retirement Income
Security Act of 1974, if the investment decision is made by a plan
fiduciary, as defined in Section 3(21) of such Act, which is either a
bank, savings and loan association, insurance company, or registered
investment adviser, or if the employee benefit plan has total assets
in excess of $5,000,000 or, if a self-directed plan, with investment
decisions made solely by persons that are “accredited investors”;
	 
	 	 
	_____

	 	a private business development company as defined in Section
202(a)(22) of the Investment Advisers Act of 1940;
	 
	 	 
	_____

	 	an organization described in Section 501(c)(3) of the Internal Revenue
Code, corporation, Massachusetts or similar business trust, or
partnership, not formed for the specific purpose of acquiring the
securities offered, with total assets in excess of $5,000,000;
	 
	 	 
	_____

	 	a natural person whose individual net worth, or joint net worth with
the undersigned’s spouse, at the time of this purchase exceeds
$1,000,000;
	 
	 	 
	_____

	 	a natural person who had an individual income in excess of $200,000 in
each of the two most recent years or joint income with the
undersigned’s spouse in excess of $300,000 in each of those years and
has a reasonable expectation of reaching the same income level in the
current year;
	 
	 	 
	_____

	 	a trust with total assets in excess of $5,000,000, not formed for the
specific purpose of acquiring the securities offered, whose purchase
is directed by a person who has such knowledge and experience in
financial and business matters that he is capable of

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	 	evaluating the merits and risks of the prospective investment;
	 
	 	 
	_____

	 	an entity in which all of the equity holders are “accredited investors” by virtue of their meeting one or more of the above standards; or
	 
	 	 
	_____

	 	an individual who is a director or executive officer of Inner Mongolia Production Company, LLC.

     IN WITNESS WHEREOF, the undersigned has executed this Certificate of Accredited Consultant
Status effective as of February      , 2007.

	 	 	 
	CONSULTANT:
	 	 
	 
	 	 
	/s/ Dr. Y. M. Shum
	 	 
	 

Dr. Y. M. Shum

	 	 

2exv10w11

 

Exhibit 10.11

EXECUTIVE EMPLOYMENT AGREEMENT

          I, Frank C. Ingriselli, agree to the terms and conditions of employment with Inner Mongolia
Production Company LLC (“Company”) set forth in this Employment Agreement (“Agreement”). This
Agreement supercedes all previous agreements, promises, representations, understandings and
negotiations between the parties, whether written or oral, with respect to the subject matter
hereof.

     1. Nature of Employment Relationship. My employment under this Agreement commenced on
September 29, 2006, and shall continue for an indefinite period until terminated by either the
Company or me as provided in Section 5 of this Agreement, in which case I will be entitled to the
compensation specified in that Section.

     2. Nature of Duties. I shall be the Company’s Manager, President and Chief Executive Officer.
As such, I shall work exclusively for the Company and shall have all of the customary powers and
duties associated with this position, including day-to-day operational control of the Company. I
shall devote my full business time and effort to the performance of my duties for the Company,
which I shall perform faithfully and to the best of my ability. I shall be subject to the
Company’s policies, procedures and approval practices, as generally in effect from time-to-time.
Notwithstanding the foregoing, it shall not be a violation of this Agreement for me (A) at any time
to (i) serve as an officer or director of the entities set forth on Schedule A hereto, (ii)
serve on corporate, civic or charitable boards or committees, (iii) deliver lectures, fulfill
speaking engagements or teach at educational institutions and (iv) manage personal investments, so
long as such activities do not significantly interfere with the performance of my responsibilities
as an officer of the Company in accordance with this Agreement and (B) until a Change of Control,
to provide services to other entities, including the entities set forth on Schedule A, with respect
to energy related ventures and, in particular, the Company acknowledges that I may participate in
the energy related businesses currently conducted or to be conducted by GVEST Inc. and Sunrise
Energy Asia Inc., including, without limitation, presenting or introducing opportunities and
transactions to such entities, as well as working on, managing or consummating such opportunities
and transactions, that may be appropriate business opportunities for the Company or may be
competitive in nature with the Company or its operations. Promptly following execution hereof, the
Board shall ratify and approve the Company’s waiver of any current or future obligations I may have
to the Company to present corporate opportunities to solely the Company rather than to GVEST Inc.
or Sunrise Energy Asia Inc.

     3. Place of Performance. I shall be based in either California or New York, at my option,
except for required travel on the Company’s business.

     4. Compensation and Related Matters.

          (a) Base Salary. The Company shall pay me a base salary at an annual rate of three hundred
fifty thousand dollars ($350,000). My base salary shall be paid in conformity with the Company’s
salary payment practices generally applicable to Company executives. I will be eligible for pay
increases as determined by the Company’s Board of Managers (the “Board”). Any increase to the
abovementioned base salary will be considered the new base salary. The salary as specified above
shall

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commence on the first day of the month following the date the minimum subscription condition
as outlined and defined in the private placement memorandum being considered by the Company and
Advanced Drilling Services LLC is satisfied. Until the commencement of such new salary, my base
salary shall be as specified in the consulting Agreement dated November 8, 2005 (as amended) and
signed between myself and the Company.

          (b) Bonuses and Long Term Incentive Compensation. I will be eligible for bonus compensation
in an amount to be determined by the Board based on the Company’s achievement of financial
performance and other objectives established by the Board each year. In addition, I will be
eligible for long-term incentive compensation, such as additional options to purchase shares of the
Company’s membership Units (as defined in the Company’s Operating Agreement), on such terms as
established by the Board. Notwithstanding the foregoing, the Company will pay me an annual bonus
of between twenty percent (20%) and forty percent (40%) of my base salary (the “Annual Target
Bonus”) based upon my performance as determined by the Board, which bonus shall be payable within
30 days of the end of each fiscal year, commencing for the 2007 fiscal year. Any bonus payable for
2006, shall be at the discretion of the Board. Notwithstanding the foregoing, the Annual Target
Bonus paid may be less, as approved by the Board, based on my performance and the performance of
the Company.

          (c) Equity Options. Upon the commencement of my employment under this Agreement, I will be
granted an option (“Option”) to purchase 20,000 Class A Units, as such term is defined in the
Company’s Operating Agreement, at $9.50 per Class A Unit; I shall become vested in the right to
exercise this Option with respect to 40% of the Class A Units on the first anniversary of the
Option grant and an additional 20% of the Class A Units on each subsequent anniversary of the
Option grant for the next three years of employment; provided, that additional vesting shall
terminate upon the date of any termination of my employment under this Agreement for Cause or with
Good Reason and all vesting shall be accelerated upon any termination of my employment under this
Agreement without Cause, without Good Reason or upon my Death or Disability (each as defined
below). The Option shall expire on the tenth anniversary of the Option grant date. The Option
shall be subject to all additional terms of the option agreement between me and the Company
evidencing the Option, if any. I shall also be eligible to receive such additional option or Unit
awards as may be approved by the Board from time to time.

          (d) Standard Benefits. During my employment, I (and my family) shall be entitled to
participate in all employee benefit plans and programs, including, without limitation, savings and
retirement plans, medical, prescription, dental, disability, salary continuance, employee life
insurance, group life insurance, accidental death and travel accident insurance, to the same extent
generally available to Company executives and their families, in accordance with the terms of those
plans and programs. The Company shall have the right to terminate or change any such plan or
program at any time.

          (e) Vacation. I shall be entitled to paid vacation to the same extent generally available to
Company executives in accordance with Company policy, but not less than four weeks vacation per
annum.

-2-

 

          (f) Fringe Benefits. I shall be entitled to participate in all fringe benefits and
perquisites available to Company executives in accordance with Company policy.

          (g) Expense Reimbursement. I shall be entitled to receive prompt reimbursement for all
reasonable and customary travel and business expenses I incur in connection with my employment, but
I must incur and account for those expenses in accordance with the policies and procedures
established by the Company. Notwithstanding the foregoing, I shall be entitled to travel in
business class, or first class if business class is not available, on all flights taken within a 48
hour period with a scheduled aggregate duration of over 5 hours.

          (h) Sarbanes-Oxley Act Loan Prohibition. To the extent that any Company benefit, program,
practice, arrangement or this Agreement would or might otherwise result in my receipt of an illegal
loan (“Loan”), the Company shall use reasonable efforts to provide me with a substitute for the
Loan that is lawful and of at least equal value to me. If this cannot be done, or if doing so
would be significantly more expensive to the Company than making the Loan, the Company need not
make the Loan to me or provide me a substitute for it.

     5. Termination.

          (a) Rights and Duties. If my employment is terminated, I shall be entitled to the amounts or
benefits shown in the applicable row in the following table, subject to the balance of this Section
5. The Company and I shall have no further obligations to each other, except the Company’s ongoing
indemnification obligation under Section 14, my confidentiality and other obligations to the
Company, and our mutual arbitration obligations under Section 8, or as set forth in any agreement I
subsequently enter into with the Company.

	 	 	 
	DISCHARGE FOR CAUSE
	 	Payment or provision when due of (1) any unpaid base
salary, expense reimbursements, and vacation days accrued
but not used prior to termination of employment, and (2)
other unpaid vested amounts or benefits under Company
compensation, incentive and benefit plans.

	 	 	 

	DISABILITY
	 	Same as for “Discharge for Cause,” EXCEPT that I also
shall be potentially eligible for disability benefits
under any Company-provided disability plan in which I then
participate, and if no such plan is then provided, in
exchange for my execution of a general release document in
a form provided by and reasonably acceptable to the
Company, my base salary payments at my annual salary rate
at the time, but not my employment, shall continue for 12
months. In addition, I shall be entitled to accelerated
vesting of all equity options I have been granted that, as
of the date of such disability, remain unexercised and
unvested, to the extent permissible by law.

-3-

 

	 	 	 
	DISCHARGE OTHER

THAN FOR CAUSE OR

DISABILITY
	 	Same as for “Discharge for Cause,” EXCEPT that, in
exchange for my execution of a general release document in
a form provided by and reasonably acceptable to the
Company;

	 	 	 

	 	 	     (1) the Company shall pay me, within 30 days after the
date of discharge, an amount equal to the product of (A)
my Annual Target Bonus established by the Board for the
year of such discharge, or if no such target annual bonus
has been established, the Annual Target Bonus for the
preceding year or thirty percent (30%) of my base salary,
whichever is greater, and (B) a fraction, the numerator of
which is the number of days in the current calendar year
through the date of discharge and the denominator of which
is 365;

	 	 	 

	 	 	     (2) (A) my base salary payments at my annual salary rate
at the time, but not my employment, shall, where there has
been no Change In Control (as defined below), continue for
36 months, or (B) where there has been a Change in Control
in the preceding one (1) year, the Company shall pay me,
within 30 days after the date of discharge, an amount
equal to the sum of my base salary for 48 months;

	 	 	 

	 	 	     (3) I will be entitled to accelerated vesting of all
equity options I have been granted that, as of the date of
such discharge Other Than for Cause, remain unexercised
and unvested, to the extent permissible by law; and

	 	 	 

	 	 	     (4) for 36 months, or where there has been a Change in
Control in the preceding one (1) year, for 48 months,
following such discharge the Company shall continue to me
and/or my family all benefits described in Section 4(d)
above at least equal to those then provided to peer
executives or, if more favorable, as in effect at any time
thereafter with respect to peer executives; provided that
if I become reemployed with another employer and am
eligible for any of such benefits under such new
employer’s plan or plans, the benefits described herein
shall be secondary to those provided to my new employer.

	 	 	 

	RESIGNATION WITHOUT

GOOD REASON
	 	Same as for “Discharge for Cause.”

	 	 	 

	RESIGNATION WITH

GOOD REASON
	 	Same as for “Discharge Other Than for Cause or Disability.”

-4-

 

	 	 	 
	DEATH
	 	Same as for “Disability,” EXCEPT that payments shall be
made to the person or entity prescribed by me or Company
policies.

          (b) Change in Control. “Change in Control” means (i) the acquisition of more than 50% of the
outstanding voting securities of the Company by an individual person or an entity or a group of
individuals or entities acting in concert, directly or indirectly, through one transaction or a
series of related transactions; (ii) a merger or consolidation of the Company with or into another
entity after which the Members of the Company immediately prior to such transaction hold less than
50% of the voting securities of the surviving entities; or (iii) a sale of all or substantially all
of the assets of the Company.

          (c) Discharge for Cause. The Company may terminate my employment at any time if it believes
in good faith that it has Cause to terminate me. “Cause” shall include, but not be limited to:

               (i) my refusal to follow lawful directions or my material failure to perform my duties (other
than by reason of physical or mental illness, injury, or condition), in either case, after I have
been given notice of my default and a reasonable opportunity to cure it;

               (ii) my willful and continued failure to substantially comply with any material Company
policy;

               (iii) conviction of a felony or the entering of a plea of nolo contender to a felony, in
either case having significant adverse effect on the business and affairs of the Company; or

               (iv) my accepting a position with another business enterprise or venture without the Company’s
written consent at any time before I have resigned from the Company or been discharged.

No act or failure to act on my part will be considered “willful” unless it is done, or omitted to
be done, by me in bad faith or without reasonable belief that such action or omission was in the
best interests of the Company. Any act or failure to act that is based on authority given pursuant
to a resolution duly passed by the Board, or the advice of counsel to the Company, shall be
conclusively presumed to be done, or omitted to be done, in good faith and in the best interests of
the Company. If I am discharged for Cause, I will only receive the benefits to which I am entitled
under Section 5(a).

          (d) Termination for Disability. The Company may terminate my employment on account of
Disability, or may transfer me to inactive employment status, which shall have the same effect
under this Agreement as a termination for Disability. “Disability” means a physical or mental
illness, injury, or condition that prevents me from performing substantially all of my duties under
this Agreement for at least 90 consecutive calendar days or for at least 120 calendar days, whether
or not consecutive,

-5-

 

in any 365 calendar day period, or is likely to do so, as certified by a physician selected by
the Company or the Board.

          (e) Discharge Other Than for Cause or Disability. The Company may terminate my employment at
any time for any reason, and without advance written notice, and I will receive the same benefits
as specified for “Discharge for Cause” in Section 5(a), above. If I am terminated by the Company
other than for Cause or for Disability, I will receive the payments described for a no Cause
discharge in the chart in Section 5(a) only if I sign a general release form furnished to me by the
Company within 60 days after my employment ends, and I do not thereafter properly revoke the
release, if it provides for revocation.

          (f) Resignation. I may resign my employment with or without “Good Reason” at any time. If I
provide notice, the Company may advance the effective date of my resignation if it does not need
the amount of notice I provide. If I resign without Good Reason, I will receive the same payments
as a “Discharge for Cause,” as described in the chart in Section 5(a). If I resign with Good
Reason, I will receive the same payments as a “Discharge Other Than for Cause or Disability,”
described in the chart in Section 5(a), if I sign a general release form furnished to me by the
Company and I do not thereafter properly revoke the release, if it provides for revocation.
Following a Change of Control, my determination that an act or failure to act constitutes Good
Reason shall be conclusively presumed to be valid unless such determination is decided to be
unreasonable by an arbitrator pursuant to Section 5 hereof. “Good Reason” means that, without my
express written consent, one or more of the following events occurred after I sign this Agreement:

               (i) Demotion. My duties or responsibilities are substantially and adversely diminished from
those in effect immediately before the change in my position, other than merely as a result of the
Company ceasing to be a public company, a change in my title, or my transfer to an affiliated
company that assumes this Agreement.

               (ii) Salary Reduction. My annual base salary is reduced, other than as part of
across-the-board salary reductions affecting all executives of similar status employed by the
Company or any entity in control of the Company.

               (iii) Discontinuance of Compensation Plan Participation. The Company fails to continue, or
continue my participation in, any compensation plan in which I participated immediately before the
event causing my resignation, which discontinuance is material to my total compensation, unless an
equitable substitute arrangement has been adopted or made available on a basis not materially less
favorable to me than the plan in effect immediately before the event causing my resignation, both
as to the benefits I receive and my level of participation relative to other participants.

               (iv) Successors to the Company. Any failure of the Company to comply with Section 12 of this
Agreement.

               (v) Breach of this Agreement. Any other material breach of this Agreement by the Company that
is either not taken in good faith or, even if taken in

-6-

 

good faith, is not remedied by the Company promptly after receipt of notice thereof from me.

However, an event that is or would constitute Good Reason shall cease to be Good Reason if: (i) I
do not terminate employment within 45 days after the event occurs; (ii) before I terminate
employment, the Company reverses the action or cures the default that constitutes Good Reason
within 10 days after I notify it in writing that Good Reason exists; or (iii) I was a primary
instigator of the Good Reason event and the circumstances make it inappropriate for me to receive
Good Reason resignation benefits under this Agreement (e.g., I agree temporarily to relinquish my
position on the occurrence of a merger transaction I negotiate).

          (g) Death. If I die while employed under this Agreement, the payments required by Section
5(a) in the event of my death shall be made.

          (h) Transfers to Affiliates or Successors. My transfer to an affiliate or successor of the
Company shall not be deemed a termination of my employment under this Agreement, unless the
affiliate or successor refuses to assume this Agreement, in which case I will receive the continued
salary payments described in Section 5(a) for “Discharge Other Than for Cause or Disability,” if I
sign a general release form provided to me by the Company and I do not thereafter properly revoke
the release, if it provides for revocation.

          (i) Offset. Any amounts payable to me under this Section 5 shall first be offset against any
amounts I owe the Company at the time of termination.

     6. Confidentiality. I acknowledge that I currently possess or will acquire secret,
confidential, or proprietary information or trade secrets concerning the operations, future plans
and business methods of the Company (“Confidential Information”).

          (a) Promise Not to Disclose. I promise never to use or disclose any Confidential Information
before it has become generally known within the industry through no fault of my own. I agree that
this promise shall never expire.

          (b) Promise Not to Solicit. To prevent me from inevitably breaking this promise, I further
agree that, while this Agreement is in effect and for 24 months after its termination: (i) as to
any customer or supplier of the Company with whom I had dealings or about whom I acquired
Confidential Information during my employment, I will not solicit or attempt to solicit (or assist
others to solicit) the customer or supplier to do business with any person or entity other than the
Company; and (ii) I will not solicit or attempt to solicit (or assist others to solicit) for
employment any person who is, or within the preceding 6 months was, an officer, manager, employee
or consultant of the Company.

          (c) Promise Not to Engage in Certain Employment. I agree that, while this Agreement is in
effect and for 24 months after its termination, I will not accept any employment or engage in any
activity, without the written consent of the Board, if the loyal and complete fulfillment of my
duties in such employment would inevitably

-7-

 

require me to reveal or utilize Confidential Information, as reasonably determined by the
Board.

          (d) Return of Information. When my employment with the Company ends, I will promptly deliver
to the Company, or, at its written instruction, will destroy, all documents, data, drawings,
manuals, letters, notes, reports, electronic mail, recordings, and copies of such materials, of or
pertaining to the Company or any of its affiliated entities which are in my possession or control.
In addition, during my employment with the Company, and thereafter, I agree to meet with Company
personnel as reasonably requested by the Board, and, based on knowledge or insights I gained during
my employment with the Company, answer any question they may have related to the Company’s business
and operations.

          (e) Intellectual Property. Intellectual property (including such things as all ideas,
concepts, inventions, plans, developments, software, data, configurations, materials (whether
written or machine-readable), designs, drawings, illustrations and photographs that may be
protectable, in whole or in part, under any patent, copyright, trademark, trade secret, or other
intellectual property law), developed, created, conceived, made or reduced to writing or practice
during my employment with the Company, except intellectual property that has no relation to the
Company or any of its customers that I developed purely on my own time and at my own expense, shall
be the sole and exclusive property of the Company, and I hereby assign all my rights, title and
interest in any such intellectual property to the Company.

          (f) Enforcement of this Section. This Section shall survive the termination of this Agreement
for any reason. I acknowledge that (i) my services are of a special, unique and extraordinary
character and it would be very difficult and impossible to replace them, (ii) this Section’s terms
are reasonable and necessary to protect the Company’s legitimate interest, (iii) this Section’s
restrictions will not prevent me from earning or seeking a livelihood, (iv) this Section’s
restrictions shall apply wherever permitted by law, and (v) my violation of any of this Section’s
terms would irreparably harm the Company. Accordingly, I agree that, if I violate any of the
provisions of this Section the Company or any of its affiliated entities shall be entitled to, in
addition to other remedies available to it, an injunction to be issued by any court of competent
jurisdiction restraining me from committing or continuing any such violation, without the need to
prove the inadequacy of money damages or post any bond or for any other undertaking.

     7. Notice.

          (a) To the Company. I will send all communications to the Company in writing, addressed as
follows (or in any other manner the Company notifies me to use):

			
	          If Mailed:	 	Inner Mongolia Production Company LLC

Attn: President

75 South Broadway

White Plains, New York 10601

-8-

 

			
	          If Faxed:	 	Inner Mongolia Production Company LLC

Attn: President

Fax: 914-304-4077

Tel.: 914-304-4076

          (b) To Me. All communications from the Company to me relating to this Agreement must be sent
to me in writing at my Company office or in any other manner I notify the Company to use.

          (c) Time Notice Deemed Given. Notice shall be deemed to have been given when delivered or, if
earlier (1) when mailed by United States certified or registered mail, return receipt requested,
postage prepaid, or (2) faxed with confirmation of delivery, in either case, addressed as required
in this Section.

     8. Arbitration of Disputes. If any legally actionable dispute arises which cannot be resolved
by mutual discussion between the Company and me, we each agree to resolve that dispute by binding
arbitration before an arbitrator experienced in employment law. Said arbitration will be conducted
in accordance with the rules applicable to employment disputes of Judicial Arbitration and
Mediation Services or such other arbitration service as we agree upon, and the law of the State of
California. The Company will be responsible for paying any filing fee and the fees and costs of
the arbitrator, unless I initiate the claim, in which case I will contribute an amount equal to the
filing fee for a claim initiated in a court of general jurisdiction in the State of California.
The Company and I agree that this promise to arbitrate covers any disputes that the Company may
have against me, or that I may have against the Company and/or its related entities and/or their
owners, directors, officers and employees, arising out of or relating to this Agreement, the
employment relationship or termination of employment, including any claims concerning the validity,
interpretation, effect or violation of this Agreement; discrimination, harassment or retaliation in
violation of any federal, state or local law; and any other aspect of my compensation, training, or
employment. The Company and I further agree that arbitration as provided in this Section shall be
the exclusive and binding remedy for any such dispute and will be used instead of any court action,
which is hereby expressly waived, except for any request by either of us for temporary or
preliminary injunctive relief pending arbitration in accordance with applicable law, or an
administrative claim with an administrative agency. The Company and I also agree that any such
arbitration shall be conducted in San Francisco, California, unless otherwise mutually agreed.

     9. Amendment. No provisions of this Agreement may be modified, waived, or discharged except
by a written document signed by me and a duly authorized Company officer. Thus, for example,
promotions, commendations, and/or bonuses shall not, by themselves, modify, amend, or extend this
Agreement. A waiver of any conditions or provisions of this Agreement in a given instance shall
not be deemed a waiver of such conditions or provisions at any other time.

     10. Interpretation and Exclusive Forum. The validity, interpretation, construction, and
performance of this Agreement shall be governed by the laws of the State of California (excluding
any that mandate the use of another jurisdiction’s laws). Any arbitration (unless otherwise
mutually agreed), litigation or similar proceeding with

-9-

 

respect to such matters only may be brought within California, and all parties to this
Agreement consent to California’s jurisdiction.

     11. Department of Homeland Security Verification Requirement. I agree to timely file all
documents required by the Department of Homeland Security to verify my identity and lawful
employment in the United States. Notwithstanding any other provision of this Agreement, if I fail
to meet any such requirements promptly after receiving a written request from the Company to do so,
I agree that my employment shall terminate immediately and that I shall not be entitled to any
compensation from the Company of any type.

     12. Successors. This Agreement shall be binding upon, and shall inure to the benefit of, me
and my estate, but I may not assign or pledge this Agreement or any rights arising under it, except
to the extent permitted under the terms of the benefit plans in which I participate. This
Agreement shall be binding upon, and shall inure to the benefit of, the Company and its successors
and assigns. The Company will require any successor (whether direct or indirect, by purchase,
merger, consolidation or otherwise) to all or substantially all of the business and/or assets of
the Company (a “Successor”) to assume expressly and agree to perform this Agreement and the
Indemnification Agreement (defined below) in the same manner and to the same extent that the
Company would be required to perform if no such succession had taken place, after which any
reference to the “Company” in this Agreement shall be deemed to be a reference to the successor and
any reference to the “Board” in this Agreement shall be deemed to be a reference to the board of
directors or managers of the successor. The Company will also require any Successor to either (i)
assume each outstanding equity option granted to me pursuant to Section 4(c) or the Company’s
equity incentive plan, with appropriate adjustment of (a) the amount of equity securities of the
Successor available for purchase under the Option as assumed and (b) the exercise price thereof, in
each case to reflect the price per Class A Unit or rate of conversion of the Successor’s equity for
Class A Units in any such succession, as the case may be, or (ii) grant to me substantially similar
awards/options to purchase equity securities of the Successor.

     13. Validity. The invalidity or unenforceability of any provision of this Agreement shall not
affect the validity or enforceability of any other provision of this Agreement, which shall remain
in full force and effect.

     14. Indemnification/Insurance. The Company shall obtain and maintain Directors and Officers
Insurance in order to hold me harmless from any criminal or civil litigation arising from the
performance of my duties and responsibilities on behalf of the Company; provided, that if I am
terminated for Cause, such insurance coverage shall not apply to the action or actions that
materially supported the termination for Cause. The duration of such insurance shall include my
term of employment and a period consistent with standard industry practice for similarly-situated
development stage companies following the termination of my employment pursuant to Section 5 above.
In addition, the Company shall provide corporate indemnification to me pursuant to the terms of
the Indemnification Agreement by and between me and the Company, dated September 29, 2006, as
amended (the “Indemnification Agreement”).

-10-

 

     15. Counterparts. This Agreement may be executed in one or more counterparts, each of which
shall be deemed to be an original but all of which together shall constitute the same instrument.

     16. Entire Agreement. All oral or written agreements or representations, express or implied,
with respect to the subject matter of this Agreement are set forth in this Agreement.

I ACKNOWLEDGE THAT ALL UNDERSTANDINGS AND AGREEMENTS BETWEEN THE COMPANY AND ME
RELATING TO THE SUBJECTS COVERED IN THIS AGREEMENT ARE CONTAINED IN IT AND THAT
I HAVE ENTERED INTO THIS AGREEMENT VOLUNTARILY AND NOT IN RELIANCE ON ANY
PROMISES OR REPRESENTATIONS BY THE COMPANY OTHER THAN THOSE CONTAINED IN THIS
AGREEMENT ITSELF.

I FURTHER ACKNOWLEDGE THAT I HAVE CAREFULLY READ THIS AGREEMENT, THAT I
UNDERSTAND ALL OF IT, AND THAT I HAVE BEEN GIVEN THE OPPORTUNITY TO DISCUSS
THIS AGREEMENT WITH MY PRIVATE LEGAL COUNSEL AND HAVE AVAILED MYSELF OF THAT
OPPORTUNITY TO THE EXTENT I WISHED TO DO SO. I UNDERSTAND THAT BY SIGNING THIS
AGREEMENT I AM GIVING UP MY RIGHT TO A JURY TRIAL.

	 	 	 	 	 
	 	 	 
	Date:  September 29, 2006 	/s/ Frank C. Ingriselli
 	 
	 	Frank C. Ingriselli 	 
	 	 	 
	 
	 	INNER MONGOLIA PRODUCTION COMPANY LLC

 	 
	Date:  September 29, 2006 	By:  	/s/ Stephen F. Groth
 	 
	 	 	Its:                      VP and CFO 	 
	 	 	 	 

-11-

 

	 	 	 	 	 

Schedule A

Eurasia Foundation

Electric Drive Transportation Association

General Energy Technologies Inc.

Electra Industrial Ltda.

The Angelino Group

GVEST Inc.

Sunrise Energy Asia Inc.

-1-

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