Document:

Ex 4.9 - Restricted Stock - Employee 2012 bonus

		

			Employee - 

            Tax withholding/
            net share delivery

		

		

			 

		

		

			 

		

		

			 

		

		
			ZAZA ENERGY CORPORATION
LONG TERM INCENTIVE PLAN

		

		
			RESTRICTED STOCK AGREEMENT
		

			 1.	
			Agreement to Grant Restricted Stock.   Subject to the conditions described in this agreement (the “Restricted Stock Agreement”) and in the ZaZa Energy Corporation Long Term Incentive Plan (the “Plan”), ZaZa Energy Corporation, a Delaware corporation (the “Company”), hereby agrees to grant to _______________________ (“Participant”) all rights, title and interest in the record and beneficial ownership of ______________________(_______) shares (the “Restricted Stock”) of common stock, $0.01 par value per share, of the Company (“Common Stock”).  This award of Restricted Stock shall be effective as of December ___, 2012 (the “Grant Date”).  All capitalized terms not otherwise defined herein shall have the meanings set forth in the Plan, the terms of which are incorporated herein by reference. 

			 2.	
			Vesting.    

			 (a)	
			Vesting Schedule.   Subject to the satisfaction of the terms and conditions set forth in the Plan and this Restricted Stock Agreement, Participant shall vest in his rights under the Restricted Stock and the Company’s right to the return and reacquisition of such shares shall lapse with respect to the Restricted Stock, subject to effective shareholder approval of the Plan, as of 12:01 a.m. on the second business day following the Grant Date, provided that Participant shall forfeit all such shares of Restricted Stock if he is not an employee of the Company on such vesting date.

			 (b)	
			Forfeiture.    For the sake of clarity, the Participant shall not have any rights to the Restricted Stock if effective shareholder approval of the Plan is not obtained on or before December 31, 2012.    

			 (c)	
			Issuance and Transferability.  

			 (d)	
			Registration and Restricting Legend.   Upon grant, the Restricted Stock granted hereunder shall be registered in the name of Participant and, unless and until such Restricted Stock vests, shall be left on deposit with the Company, or in trust or escrow pursuant to an agreement satisfactory to the Company, until such time as the restrictions on transfer have lapsed.  If the Restricted Stock are represented by certificates, such certificates shall be marked with the following legends:

		
			“The shares represented by this certificate have been issued pursuant to the terms of the ZaZa Energy Corporation Long Term Incentive Plan and may not be sold, pledged, transferred, assigned or otherwise encumbered in any manner except as is set forth in the terms of the Restricted Stock Agreement dated December ______, 2012.” 
		

		
			 
		

		

		

		 

		

			 

		

 

		

			

		

		“THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS, AND MAY BE OFFERED OR SOLD ONLY IF REGISTERED UNDER SUCH ACT OR LAWS OR IF AN EXEMPTION FROM REGISTRATION IS AVAILABLE. THIS CERTIFICATE AND THE SHARES REPRESENTED HEREBY MAY NOT BE SOLD, TRANSFERRED, ASSIGNED, PLEDGED, ENCUMBERED, HYPOTHECATED, MORTGAGED, OR OTHERWISE DISPOSED OF, EITHER VOLUNTARILY OR INVOLUNTARILY.”
		

		
			 
		

			 (e)	
			Book Entry Form.   If the shares are held in book entry form, then such entry will reflect, in a manner sufficient to effect in a legally enforceable form, that such shares of Restricted Stock are subject to the restrictions of this Restricted Stock Agreement and the Plan.    

			 (f)	
			Release of Restrictions.   Upon vesting of any portion of the shares of Restricted Stock and satisfaction of any other conditions required by the Plan or pursuant to this Restricted Stock Agreement, the Company shall promptly either issue a stock certificate, without such restricted legend, for any shares of the Restricted Stock that have vested, or, if the shares are held in book entry form, the Company shall remove the notations on the book form for any shares of the Restricted Stock that have vested.

			 (g)	
			Prohibition on Transfer.   Until restrictions lapse, the Restricted Stock shall not be transferable.  No right or benefit hereunder shall in any manner be liable for or subject to any debts, contracts, liabilities, or torts of Participant.  Any purported assignment, alienation, pledge, attachment, sale, transfer or other encumbrance of the Restricted Stock, regardless of by whom initiated or attempted, prior to the lapse of restrictions shall be void and unenforceable against the Company.  If, notwithstanding the foregoing, an assignment, alienation, pledge, attachment, sale, transfer or other encumbrance of the Restricted Stock is effected by operation of law, court order or otherwise, the affected Restricted Stock shall remain subject to the risk of forfeiture, vesting requirement and all other terms and conditions of this Restricted Stock Agreement.  In the case of Participant’s death or disability, Participant’s vested rights under this Restricted Stock Agreement (if any) may be exercised and enforced by Participant’s guardian or legal representative.  

			 (h)	
			Ownership Rights.   Subject to any reservations, conditions or restrictions set forth in this Restricted Stock Agreement and/or the Plan, upon grant to Participant of the Restricted Stock, Participant shall be entitled to all voting rights applicable to the Restricted Stock during the Restricted Period, but will not have the right to receive dividends or other distributions.  In the event of forfeiture of shares of Restricted Stock, the Participant shall have no further rights with respect to such Restricted Stock.

			 (i)	
			 

			 (j)	
			Reorganization of the Company.   The existence of this Restricted Stock Agreement shall not affect in any way the right or power of the Company or its stockholders to make or authorize any or all adjustments, recapitalizations, reorganizations or other changes in the Company’s capital structure or its business; any merger or consolidation of the Company; any issue of bonds, debentures, preferred or prior preference stock ahead of or affecting the Restricted Stock or the rights thereof; the dissolution or liquidation of the Company, or any sale or transfer of all or any part of its assets or business, or any other corporate act or proceeding, whether of a similar character or otherwise.

			 (k)	
			Certain Restrictions.   By executing this Restricted Stock Agreement, Participant acknowledges that he will enter into such written representations, warranties and agreements and execute such documents as may be required in order to comply with applicable securities law or any other applicable laws, rules or regulations, or with this Restricted Stock Agreement or the terms of the Plan.

			 (l)	
			Amendment and Termination.   This Restricted Stock Agreement or the Plan may be amended or terminated in accordance with the terms of the Plan.  

			 (m)	
			Taxes and Withholdings.    

			 (n)	
			Tax Consequences.   The granting, vesting and/or sale of all or any portion of the Restricted Stock will trigger tax liability.  Participant agrees that he shall be solely responsible for any such tax liability.  Participant is encouraged to contact his tax advisor to discuss any tax implications which may arise in connection with the Restricted Stock.

			 (o)	
			Withholding.   Participant acknowledges that the vesting of Restricted Stock granted pursuant to this Restricted Stock Agreement may result in federal, state or local tax withholding obligations.  Participant understands and acknowledges that the Company will not deliver shares of Common Stock until it is satisfied that appropriate arrangements have been made to satisfy any tax obligation under this Restricted Stock Agreement or the Plan and agrees to make appropriate arrangements suitable to the Company for satisfaction of all tax withholding obligations.  Upon the vesting of the Restricted Stock, Participant agrees and grants to the Company the right to withhold from the delivery to Participant such number of shares of Common Stock which have an aggregate Fair Market Value as of the date of such withholding that is not greater than the sum of all tax amounts (as determined by the Company) required to be withheld with respect thereto, together with the payment of any remaining portion of such tax amounts in cash or by certified check payable and acceptable to the Company.   Further, Participant hereby agrees and grants to the Company the right to withhold from any payments or amounts of compensation, payable in cash or otherwise, in order to meet any tax withholding obligations under this Restricted Stock Agreement or the Plan.  As such, if the Company requests that Participant take any action required to effect any action described in this Section 8 and to satisfy the tax withholding obligation pursuant to this Restricted Stock Agreement and the Plan, Participant hereby agrees to promptly take any such action. 

			 (p)	
			No Guarantee of Tax Consequences.   The Company, Board and Committee make no commitment or guarantee to Participant that any federal, state or local tax treatment will apply or be available to any person eligible for benefits under this Restricted Stock Agreement and assumes no liability whatsoever for the tax consequences to Participant.

		 

		

			
2

		

		

			 

		

 

		

			

		

			 (q)	
			Severability.   In the event that any provision of this Restricted Stock Agreement is, becomes or is deemed to be illegal, invalid, or unenforceable for any reason, or would disqualify the Plan or this Restricted Stock Agreement under any law deemed applicable by the Board or the Committee, such provision shall be construed or deemed amended as necessary to conform to the applicable laws, or if it cannot be construed or deemed amended without, in the determination of the Board or the Committee, materially altering the intent of the Plan or this Restricted Stock Agreement, such provision shall be stricken as to such jurisdiction, the Participant or this Restricted Stock Agreement, and the remainder of this Restricted Stock Agreement shall remain in full force and effect.  

			 (r)	
			Terms of the Plan Control.   This Restricted Stock Agreement is made pursuant to the Plan.  Notwithstanding anything in this Restricted Stock Agreement to the contrary, the terms of the Plan, as amended from time to time and interpreted and applied by the Committee, shall govern and take precedence.

			 (s)	
			Governing Law.   This Restricted Stock Agreement shall be construed in accordance with (excluding any conflict or choice of law provisions of) the laws of the State of Delaware to the extent federal law does not supersede and preempt Delaware law.

			 (t)	
			Consent to Electric Delivery; Electronic Signature.   Except as otherwise prohibited by law, in lieu of receiving documents in paper format, Participant agrees, to the fullest extent permitted by law, to accept electronic delivery of any documents that the Company may be required to deliver (including, but not limited to, prospectuses, prospectuses supplements, grant or award notifications and agreements, account statements, annual and quarterly reports, and all other forms of communications) in connection with this and any other Award made or offered by the Company.  Electronic delivery may be via a Company electronic mail system or by reference to a location on a Company intranet to which Participant has access.  Participant hereby consents to any and all procedures the Company has established or may establish for an electronic signature system for delivery and acceptance of any such documents that the Company may be required to deliver, and agrees that his electronic signature is the same as, and shall have the same force and effect as, his manual signature.

		
			[signature blanks follow]
		

		 

		

			
3

		

		

			 

		

 

		

			

		

		
		

		
			 
		

		
			Executed:     December ____, 2012 
		

		
			 
		

		
			ZAZA ENERGY CORPORATION
		

		
			 
		

		
			
		

		
			 
		

		
			 
		

		
			By: 
		

		
			Name (print):  
		

		
			Title: 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			 
		

		
			Accepted:      December ____, 2012
		

		
			 
		

		
			PARTICIPANT:
		

		
			 
		

		
			 
		

		
			
		

		
			
		

		
			Name (print): 
		

		
			 
		

		
			Address:
		

		
			
		

		
			
		

		
			
		

		
			 
		

		 

		

			
4CONTRACT No 12/46/2012  On August, 14th, 2012

Exhibit 10.1

CONTRACT No 12/46/2012  On November, 3rd, 2012

Company TAICANG JINXIN COPPER TUBE CO.,LTD., hereinafter referred to as the "Sellers", on the one part, and Company BASTA HOLDINGS, CORP., hereinafter referred to as the "Buyers" on the other part, have concluded the present Contract for the following:

The Seller: 

TAICANG JINXIN COPPER TUBE CO.,LTD.

ADDRESS: Kang Fuk Road, No. 570, Lu Du Town, Taicang City, Jiangsu, China, 215412

Tel:86-512-53452306 

Fax:86-512-53450773

E-mail:sale@jinxincopper.com

The Buyer:

BASTA HOLDINGS, CORP.

ADDRESS: Room 2105, Sino Life Tower, No. 707 Zhang Yang Rd. Pudong, Shanghai, China, 200120

Tel: 86-18721459159

Email: basta.hold.corp@gmail.com

Both the above-mentioned parties agreed with the following conditions:

1. Subject of the Contract

1.1 The SELLER sells and the BUYER buys copper tubes, fittings, couplings, water valves and other products, named below as Goods, in quantity and assortment according to Commercial Invoice which are made out on each party (set) of the Goods separately, are assured by signatures and seal of the Parties (sides), and are an integral part of the Contract.

1.2 The following terms of delivery are provided:

FOB, Shanghai, China (according to “Incoterms 2000”). Nomenclature and the actual terms of each dispatch is to be formulated in accordance with the corresponding invoice and specification which is the integral part of the Contract.

2. Quality of the Goods

2.1 The quality and condition of the goods should be in full conformity with the technical, sanitary performances, requirements and standards, which are legal in the Sellers' country.

2.2 In the event that the goods are not in accordance with clause 2.1 of this contract the responsibility of the Sellers will be limited to the reimbursement of the all and only direct and unavoidable expenses, related to the reception of defective products, the Buyers had been obligated to bear.

2.3 Alongside the consignments of goods, the following documents should be submitted by the Sellers:

- the invoice original (not less than 3 copies);

- the packing list original (not less than 3 copies);

- a copy of the declaration outwards (export customs entry);

The documents mentioned should be made per each consignment of goods. All the documents accompanying the consignment of goods should contain the number and the date of the Contract as well as terms of delivery.

3. Pricing

3.1 United States Dollar is the Contract currency and the payment currency. The total value of the Contract is $500 000 (Five hundred thousand) USD.

3.2 The Products will be sold according to the Price List existing at the selling. The Sellers should notify to the Buyers such Price List beforehand.

3.3 The prices of Products are stipulated by the Sellers on the following payment terms: "100% payment in advance" and the following delivery terms: FOB, Shanghai, China, (according to the "Incoterms 2000")

1

4. Terms of Payment and Delivery Time

4.1 All the Products delivered under the present Contract shall be divided into consignments depending on the transportation facilities used during the delivery.

4.2 The terms of payment are: 100 % payment of total value in advance (prepayment).

4.3 The payment for the goods delivered under the Contract is made to the Sellers' clearing account by bank transfer.

 5. Packing and Marking

5.1 All the goods delivered under the present Contract should be shipped in packing, which corresponds to the nature of the goods.

5.2 Packing list for each consignment must contain the following sharply written information:

- full description of the goods included in this consignment;

- number and date of the Contract;

- number and date of the invoice related to this consignment

- place of shipment;

- name of the Buyers;

- number of packages including the separate data related to each kind of the package;

- gross weight and net weight in kg (of the whole consignment and each separate package).

6. Disputes

6.1 All disputes and differences which may arise out of the present Contract or in connection with it, will be solved by way of friendly negotiations.

In case the agreement between the parties is not achieved, all differences regarding the disputable questions shall be finally settled by arbitration at the Shanghai branch organization of China International Economy and Trade Arbitration Committee. The applicable law being the law of Republic of China.”

7. Force-Majeurе

7.1 The parties are free from the responsibility for full or partial unfulfilment of their obligations under the present Contract if it was the result of force-majeure circumstances, i.e. fire, earth-quake, other act of God, acts of state bodies, military actions which arose after signing the present Contract. In this case the time of fulfilment of obligations is shifted for the period of existence of such circumstances.

7.2 The party for which it becomes impossible to fulfil its obligations, is to inform the other party in writing about the beginning, expected duration and finishing of the above-indicated circumstances immediately, yet not later than within 5 days from the moment of their beginning and finishing. The facts given in the notice are to be confirmed by the appropriate acts of the Chamber of Commerce and Industry or some competent state body.

7.3 In case either party did not inform the other party within the above-indicated period about the beginning of force-majeur circumstances or failed to confirm the fact of their beginning by the act of a competent state authority, this party loses the right to refer to these circumstances and is not free from the responsibility for unfulfilment of its obligations within the time period indicated in the Contract.

7.4 In case due to the action of force-majeur circumstances the impossibility to fully or partially fulfil the obligations under the Contract lasts for more than three months, either party has the right to cancel the present Contract fully or partially and, in this event, neither party shall have the right of claim for the compensation of losses made on the other party.

8. Other Conditions

8.1 All the preliminary agreements, negotiations and correspondence preceding to and connected with the present Contract are cancelled from the date of its coming into force.

8.2 All notices, letters of advice and claims connected with the fulfilment of the present Contract are done in writing and signed by the authorized representatives of the Sellers and the Buyers.

2

8.3 All the amendments and addenda to the present Contract are valid only subject to the fact that they are signed by authorized representatives of the parties of the Contract.

8.4 Neither of the parties can transfer its rights and obligations under the Contract to any third party without the written agreement of the other party.

8.5 In case of inappropriate fulfilment by the Sellers or the Buyers of their obligations under the present Contract and/or violation of the terms of the Contract, the party at fault should cover all the possible losses of the other party connected with the above violation.

8.6 The present Contract comes into power at the date of signature and expires on the 31 December of the year 2013.

8.7 The present Contract is done in 2 copies, one copy for the Sellers and one for the Buyers, both duly signed copies being of equal value.

8.8 All the documents issued by the Parties within limits of the Contract are valid if they are either underwritten by the authorized representatives of the Sellers and/or the Buyers or signed by their facsimile signatures. All the documents stamped and signed by the authorized representatives of the Sellers and and/or the Byers and sent by fax or email are valid.

9. Termination

           9.1 Either Buyer or Seller can terminate this agreement without cause by providing 60 days written notice. 

           10. ADDRESS AND REQUISITS OF THE SIDES

		
	SELLER:

 

TAICANG JINXIN COPPER TUBE CO.,LTD.

ADDRESS: Kang Fuk Road, No. 570, Lu Du Town, Taicang City, Jiangsu, China , 215412

Tel:86-512-53452306 

Fax:86-512-53450773

E-mail:sale@jinxincopper.com

	BUYER:

BASTA HOLDINGS, CORP.

ADDRESS: Room 2105, Sino Life Tower, No. 707 Zhang Yang Rd. Pudong, Shanghai, China, 200120

Tel: 86-18721459159

Email: basta.hold.corp@gmail.com

11. SIGNATURES of the PARTIES

/S/ Zhou Kuiwu  /S/ Lu Chunfeng

Zhou Kuiwu        Lu Chunfeng

3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00211-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00211-of-00352.parquet"}]]