Document:

Filed by sedaredgar.com - USR Technology, Inc. - Exhibit 10.2

	20333 S 249, Suite 200 	Ph: 281-378-8029 
	Houston, Texas, USA 77070 	Fax: 866-857-9025 

STRICTLY PRIVATE AND CONFIDENTIAL

22nd August, 2008 

	Name: 	John David LaPrade 
	  	1302 Kingfisher Court South

	 	Pearland, Texas
      77584 

Dear Mr. LaPrade 

Further to our recent discussions, we are pleased to confirm
the following employment arrangements in connection with the terms of employment
with USR Technology, Inc. management team effective June 20, 2008.

	 Position: 
	 President of The Company, USR
        Technology, Inc., (referred to as The Company). You will be working out
        of our Bahrain office as well as yet to be defined regional offices and
        spending your time in the Middle East, United States of America and The
        Far East. 

	  	  	  

	Responsibilities: 	 You will be generally responsible
        for all matters typical of those for a President. 

	  	  	  

		•	 Establish strategic goals and
        objectives, growth and sales targets, budgets and equipment and personnel
        requirements. Work closely with Senior Level Management to monitor the
        above. 

		•	 Manage the day to day operations
        of The Company which shall include developing business opportunities,
        negotiating and managing contracts, overseeing the hiring of personnel
        and the ordering of equipment, directing future expansion into new regions
        and the establishment of regional offices. 

		•	 Recruit and Train a Business
        Development Team to pursue drilling and or related contracts with Oil
        and Gas Operators throughout the United States, Middle East, India, Southeast
        Asia and Far East Asia. Maintain a strong relationship with client companies
        and potential customers. 

		•	 Supervise Senior level Management
        by conducting weekly meetings to monitor key activities relating to The
        Company’s growth and profit. Maintain strong relationships with key
        employees. 

		•	 Supervise the creation of all
        marketing and image building materials. Work with the Board of Directors
        to create and maintain a prestigious image for The Company. 

		•	 Direct the development of new
        technologies and establish a company wide focus on identifying ideas and
        concepts that could lead to proprietary and patentable technology. 

	  	•	 Assist in identifying and evaluating
        acquisition targets, ground floor 

 

		Page 2 of 8 

			
      exploration projects, and joint venture opportunities
      that further The Company’s goal of long term growth and maximization of
      shareholder value. 

		•	
      Assist company personnel in meeting all federal, local,
      US, Middle Eastern (including the Republic of Yemen) and Far Eastern
      regulatory filing requirements (including Business Corporations
      Acts, Income Tax Acts, Securities Commissions
      requirements, Stock Exchange requirements, and other specific reporting
      requirements assigned to you); 

		
      You will direct the overall management of The Company as
      requested by the Board of Directors. In such capacity, it is anticipated
      that you will assist in all aspects of management for The Company in
      pursuing its strategic objectives. 

	  	
       

		
      You will devote all your time and attention to The
      Company affairs. As President of The Company, you shall not, without the
      prior consent of the Board of Directors, undertake any other employment
      related activities, including serving as an officer or director of any
      other private or public corporation or business enterprise. 

	  	
       

		
      You will serve at all times with loyalty and honesty in
      the best interest of The Company and ensure that the fullest of
      professional standards and ethics are maintained, and comply with all
      applicable laws and corporate policies. 

	  	
       

	Base Salary: 	
      $236,000.00 per annum (less statutorily required
      deductions), paid monthly. You shall receive an annual base salary review.
      

	  	
       

	Stock Ownership: 	
      You will be awarded 250,000 shares of restricted stock in
      USR Technology, Inc. These shares are subject to a 5 year vesting schedule
      and shall vest 20% at the end of the first year of employment, then 20% at
      the end of each year over the next 5 years of employment. You will be 100%
      vested at the end of you 5th year. 

	  	
       

	Options: 	
      You will be awarded 250,000 shares of USR Technology,
      Inc. stock options exercisable at a price of $1.00 per share. These
      options are exercisable at any time during your first 36 months of
      employment. Future options may be allocated entirely at the discretion of
      the Board of Directors and/or Compensation Committee. Future options shall
      vest in accordance to The Company’s Option Plan 

	  	
       

	Other Benefits: 	
      At the sole discretion of the Board you might be granted
      special cash bonuses for securing lucrative projects for The Company and /
      or exceeding your job responsibilities and contributing to increased
    

		Page 3 of 8 

	  	
      profitability of The Company. 

	  	
       

	Inconsistency 
Between Other
      
Agreements and 
this Agreement: 	
      In the event of any inconsistency between other
      agreements and this agreement the terms of this Agreement shall prevail.
      

	  	
       

	Accommodation: 	
      A housing allowance of $6,500 per month will be payable,
      inclusive of 

	  	
      all utilities, security fees, maintenance fees and taxes.
      

	  	
       

	Vehicle Allowance: 	
      A vehicle allowance of $1,500 per month will be payable
      inclusive of all insurance, taxes, duties, road permits and fees. The
      Company, at its expense, shall provide you with a personal driver in the
      event you are stationed in a city or region where a personal driver is
      required. 

	  	
       

	Benefits: 	
      1. Travel and Entertainment Budget 

		
      When traveling on behalf of The Company you will be
      allowed a per diem of $100 per day to cover out of pocket expenses such as
      airport transfers, taxis, exit fees, visas upon arrival, purchase of local
      calling cards, meals and all other incidentals. This will be paid in lieu
      of reimbursable expense statements. This amount is subject to review
      depending on an escalation in the cost of travel. 

	  	
       

		
      You will be reimbursed for all reasonable documented
      business expenses incurred on behalf of The Company pertaining to the
      entertainment of clients or company personnel in carrying out your duties.
      

	  	
       

		
      You will be reimbursed for any documented expenses for
      the hiring of drivers, car rental, office supplies and misc. expenses
      associated with any of The Company’s offices. 

	  	
       

		
      The Company will pay for Business Class tickets for all
      business related travel. 

	  	
       

	  	
      2. Vacation 

		
      You will be entitled to four working weeks vacation per
      annum, The Company will pay for round trip Business Class tickets from the
      United States to South East Asia or the Middle East for your family
      dependents based in the United States. You will be allowed two round trip
      Business Class tickets per year for travel to the United States if for
      personal reasons. 

		Page 4 of 8 

	  	
      3. Statutory Holidays 

	  	
      Normal complement. 

	  	
       

	  	
      4. Insurance 

		
      You will be provided with family health insurance through
      IHI or a comparable carrier. All effort will be made to transfer your
      current group coverage through IHI to The Company. You shall also be
      provided with a Health Savings Account or Health Flex Account funded by
      The Company in the amount of $2,500.00. Any other insurance provided shall
      be comparable with the level of insurance provided by The Company to other
      senior executives in accordance with the terms of future plans and any
      revisions thereto. The beneficiary of any life insurance provided shall be
      to your wife or another person so designated by you. 

	  	
       

	  	
      5. Office 

		
      You will be provided with an office in any region in
      which the company has an established office facility and such
      administrative support as is appropriate to address the needs of The
      Company (including an appropriate company car). 

	  	
       

	Term of this 
Agreement: 	
      Subject to earlier termination as provided below the term
      of this agreement shall commence upon the effective date of this contract
      being June 20, 2008 and shall expire on the date which is five (5) years
      from the date hereof (“Initial term”). This agreement shall be
      automatically renewed for one (1) five year period (“Renewal Term”)
      pursuant to terms as mutually agreed upon by the parties unless your
      employment is terminated by The Company in accordance with the terms of
      this agreement. In the event the parties are unable to agree on mutually
      acceptable terms, the renewal Term shall be governed by the same terms and
      conditions applicable immediately prior to the expiry of the Initial Term.
      

	  	
       

	Termination: 	
      Your employment with The Company may be terminated by The
      Company for just cause. If your employment is terminated by The Company
      for a reason other than just cause, defined as unethical or criminal
      behavior (or your death or resignation), or if there is a change in
      control at The Company resulting in the acquisition by any person,
      directly or indirectly, of 50% or more of The Company’s outstanding common
      shares, or any merger, arrangement or similar event where control is
      transferred, or any event whereby any party or group, acting together,
      elects or causes to be elected to the board of directors of The
  

 

		Page 5 of 8 

Company’s persons who are or may be
considered nominees thereof, and such persons constitute 50% or more of the
directors of The Company then in office, you shall be entitled to the following:

		•	
      A severance payment in an amount equal to 6 months of
      your contract salary amount. The Severance Payment is payable in a lump
      sum within 14 days of the termination date. 

	 	  	
       

		•	
      Despite the terms of any option plan, you shall have 3
      months to exercise any options then held and vested; and 

	 	  	
       

		•	
      In the event of a takeover of buyout of The Company, any
      outstanding stock subject to issuance under the terms of this agreement
      shall be deemed to be fully vested and issuable.

		
      If your employment is terminated by death or permanent
      disability, provided that in the latter case The Company has made legally
      recognized efforts to accommodate your disability and such efforts to
      accommodate have been unsuccessful you (or your successors) shall not be
      entitled to the Severance Payment described herein, but the other
      severance entitlement terms hereof shall continue to apply. 

	  	
       

	Confidentiality: 	
      The terms of this agreement shall be kept confidential,
      to the extent permitted by applicable law. 

	  	
       

	Resignation: 	
      You may, by providing 30 days prior notice, in writing,
      terminate this Agreement and your employment with The Company. If you
      provide such notice, The Company may request that you cease duties prior
      to the expiry of this notice period, and The Company shall, in such event,
      pay you an amount equal to the difference between the amount you would
      have received had your employment been continued throughout the notice
      period and the amount actually paid by The Company to you during the
      notice period. 

	  	
       

	Intellectual Property, 	
      You hereby acknowledge as reasonable and agree that you
      shall abide by the following terms and conditions: 

	Confidentiality: 	
       

		
      (i) Technology, Know-How, Inventions, Patents: That all
      designs, devices, improvements, intentions and ideas made or conceived by
      you resulting from your access to the business of The Company shall be
      exclusive property of The Company and you and your estate agree to take
      all necessary steps to ensure that such property rights are protected; and
      

		Page 6 of 8 

		
      (ii) Confidentiality, You shall keep confidential, at any
      time during your employment, and for 1 year after cessation of employment,
      any proprietary or confidential information about the business and affairs
      of, or belonging to, The Company or any affiliate or associate thereof,
      including information which, though technically not trade secrets, the
      dissemination of knowledge whereof might prove prejudicial to any of them.
      

	  	
       

	Legal Advice: 	
      You acknowledge and agree you have had the opportunity to
      seek independent legal advice prior to the execution and delivery of this
      Agreement. 

	  	
       

	General: 	
      Any notice or other communication required or permitted
      to be given hereunder shall be in writing and shall be delivered in
      person, transmitted by telecopy or similar means of recorded electronic
      communication or sent by registered mail, charges prepaid, addressed as
      follows or to such other address as the relevant party may specify from
      time to time: 

	 	(a) 	
      USR Technology, Inc. 
20333 S 249, Suite 200
      
Houston, Texas 77070 
United State of America

	 	 	 
	 		
      Attention: John Ogden

	 	 	 
	 	(b) 	
      J. David LaPrade

	 		
      1302 Kingfisher Court South 
Pearland, Texas 77584
      
United States of America

Any such notice or other communication
shall be deemed to have been given and received on the day on which it was
delivered or transmitted (or, if such day is not a business day, on the next
following business day) or, if mailed, on the third business day following the
date of mailing; provided, however, that if at the time of mailing or within
three (3) business days thereafter there is or occurs a labor dispute or other
event which might reasonably be expected to disrupt the delivery of documents by
mail, any notice or other communication hereunder shall be delivered or
transmitted by means of recorded electronic communications as aforesaid 

		Page 7 of 8 

		
      This Agreement shall inure to the benefit of and shall be
      binding upon and enforceable by the parties hereto, and your heirs,
      executors, administrators and legal personal representatives and the
      successors and assigns of The Company. This Agreement is personal to you
      and may not be assigned by you. 

	  	
       

	Entire Agreement: 	
      This Agreement constitutes the entire agreement between
      you and The Company with respect to the subject matter hereof and
      supersedes all prior agreements, understandings, negotiations and
      discussions, whether written or oral. There are no covenants, conditions,
      agreements, representations, warranties or any other terms or provisions,
      express or implied, collateral, statutory or otherwise, relating to the
      subject matter hereof, except as herein provided. 

	  	
       

	Governing Law: 	
      This Agreement shall be construed, interpreted and
      enforced in accordance with, and the respective rights and obligations of
      you and The Company and shall be governed by and construed and enforced in
      accordance with the laws of the state of Texas, United States of America,
      excluding the laws of the state of Texas regarding choice of law. The
      parties hereby irrevocably and unconditionally consent to submit to the
      exclusive jurisdiction of the state or federal courts located in the
      Southern District of Texas for any lawsuits, actions or other proceedings
      arising out of or relating to this Agreement and agree to waive any claim
      or defense based on jurisdiction or inconvenient or improper forum or
      venue. 

	  	
       

	Waiver: 	
      No amendment or waiver of any provision of this Agreement
      shall be binding on you and The Company unless consented to in writing by
      such party. No waiver of any provision of this Agreement shall constitute
      a waiver of any other provision nor shall any waiver constitute a
      continuing waiver unless otherwise provided. No failure or delay of any
      party in exercising any right, power, or privilege hereunder shall operate
      as a waiver thereof, nor shall any single or partial exercise thereof
      preclude any other or further exercise thereof or the exercise of any
      right, power, or privilege hereunder. 

	  	
       

	Severability: 	
      If any term or provision of this Agreement is found to be
      invalid, illegal or unenforceable, the remaining terms and provisions of
      this Agreement shall remain in full force and effect notwithstanding such
      invalidity, illegality or unenforceability. 

 

		Page 8 of 8 

This agreement is subject to the approval of The Company’s
Compensation Committee and Board of Directors and if so obtained the effective
date as agreed would be June 20th, 2008.

If you are in agreement with the terms of employment as
contained in this letter, please confirm your acceptance of same by signing
below and returning this letter in confidence to The Company at the notice
office stated above.

Yours very truly,

 

 

/s/ John Ogden 

  John Ogden 

  Chairman 

 

 

 

I hereby accept the terms of this
offer.

 

 

	 	 	/s/ J. David LaPrade 
	Witness: 	 	J. David LaPrade 
	 	 	 
	  	 	Date: August 22, 2008Filed by sedaredgar.com - USR Technology, Inc. - Exhibit 10.3

	20333 S 249, Suite 200 	Ph: 281-378-8029 
	Houston, Texas, USA 77070 	Fax: 866-857-9025 

STRICTLY PRIVATE AND CONFIDENTIAL

August 22nd, 2008 

Name:   Kamonchai Kesonpat

             
Villa No. 11 Palm Grove Avenue
35 
             
Gate No. 252 Block
551 
             
Sar Area, Kingdom of Bahrain 

Dear Mr. Kesonpat, 

Further to our recent discussions, we are pleased to confirm
the following employment arrangements in connection with the terms of employment
with USR Technology, Inc. management team effective July 1, 2008.

	Position: 	
      Chief Operating Officer, USR Technology, Inc. (referred
      to as “The Company”). You will be based in Kingdom of Bahrain and will be
      working out of our Bahrain branch office and will be spending your time in
      the Middle East, United States of America, The Far East and other
      locations that The Company would be expanding into. 

	  	
       

	Responsibilities: 	
      You will be generally responsible for matters typical of
      those for a Chief Operating Officer: 

		•	
      Plan, implement and manage all operational aspects of The
      Company's policies, objectives, strategies, development & initiatives
      to ensure future growth. 

		•	
      Ensure activities meet with and integrate with The
      Company’s standard for workflow, process, quality management, health,
      safety and environmental policies and legal or contractual stipulations.
      

		•	
      Responsible for the attainment of short-term and
      long-term agreed performance plans of The Company within agreed budgets
      and timescales. 

		•	
      Use experience, judgment and a wide degree of creativity
      and latitude to plan, monitor and report in order to accomplish goals.
    

		•	
      Lead and direct the work and recruitment of Directional
      Drilling Coordinators, Project Engineers / Managers, Drill Site Managers;
      Manage and develop direct reporting staff; Report to the President and/or
      Directors; in accordance with The Company’s organization structure.
  

	 	•	
      Liaise with other functional/departmental managers so as
      to 

		Page 2 of 8 

			
      understand all necessary aspects and needs of operational
      development, and to ensure they are in line with operational objectives,
      purposes and achievements. 

		•	
      Contribute to the evaluation and development of The
      Company’s strategy and performance in cooperation with the executive team.
      

		•	
      You shall perform duties according to The Company’s Job
      Description for Chief Operating Officer. 

		
      In addition, you will assist in the overall management of
      The Company as requested by the President from time to time. In such
      capacity, it is anticipated that you will assist in all aspects of
      management for The Company in pursuing its strategic objectives.

	 	
       

		
      You will devote all your time and attention to The
      Company affairs. As Chief Operating Officer, you shall not, without the
      prior consent of the President, undertake any other employment related
      activities, including serving as an officer or director of any other
      private or public corporation or business enterprise. You will serve at
      all times with loyalty and honesty in the best interest of The Company and
      ensure that the fullest of professional standards and ethics are
      maintained, and comply with all applicable laws and corporate policies.
      

	Base Salary: 	
      $216,000.00 per annum (less statutorily required
      deductions), paid monthly. You shall receive an annual base salary review.
      

	  	
       

	Rig/Field Bonus: 	
      A field bonus of $250.00 will be granted during days you
      are required to be at rig site or in the field. 

	  	
       

	Stock Ownership 	
      You will be awarded 250,000 shares of restricted stock in
      USR Technology, Inc. These shares subject to 5 yr vesting schedule and
      shall vest 20% at the end of the first year of employment, then 20% at the
      end of each year over the next 5 years of employment. You will be 100%
      vested at the end of your 5th year. 

	  	
       

	Options: 	
      You will be awarded 250,000 shares of USR Technology,
      Inc. stock options exercisable at a price of $1.00 per share. These
      options are exercisable at any time during your first 36 months of
      employment. Future options may be allocated entirely at the discretion of
      the Board of Directors and/or Compensation Committee. Future options shall
      vest in accordance to The Company’s Option Plan 

	  	
       

	Other Benefits 	
      At the sole discretion of the Board you might be granted
      special cash bonuses for securing lucrative projects for The Company and /
      or exceeding your job responsibilities and contributing to increased
    

		Page 3 of 8 

	  	profitability of The Company.
  
	  	  
	Inconsistency 
Between Other
      
Agreements and 
this Agreement: 	
      In the event of any inconsistency between other
      agreements and this agreement the terms of this Agreement shall prevail.
      

	  	
       

	Accommodation: 	
      A housing allowance of $6,500.00 per month will be
      payable, inclusive of all utilities, security fees, maintenance fees and
      taxes. 

	  	
       

	Vehicle Allowance: 	
      A vehicle allowance of $1,500 per month will be payable
      inclusive of all insurance, taxes, duties, road permits and fees. The
      Company, at its expense, shall provide you with a personal driver in the
      event you are stationed in a city or region where a personal driver is
      required. 

	  	
       

	 Benefits: 	
      1. Travel and Entertainment Budget 

		
      When traveling on behalf of The Company you will be
      allowed a per diem of $100 per day to cover out of pocket expenses such as
      airport transfers, taxis, exit fees, visas upon arrival, purchase of local
      calling cards, meals and all other incidentals. This will be paid in lieu
      of reimbursable expense statements. This amount is subject to review
      depending on an escalation in the cost of travel. 

	  	
       

		
      You will be reimbursed for all reasonable documented
      business expenses incurred on behalf of The Company pertaining to the
      entertainment of clients or company personnel in carrying out your duties.
      

	  	
       

		
      You will be reimbursed for any documented expenses for
      the hiring of drivers, car rental, office supplies and misc. expenses
      associated with any of The Company’s offices. 

	  	
       

		
      The Company will pay for Business Class tickets for all
      business related travel. 

	  	
       

	  	
      2. Vacation 

		
      You will be entitled to four working weeks vacation per
      annum. The Company will pay for Business Class tickets from the Kingdom of
      Bahrain to Bangkok Thailand for yourself and family dependents based in
      the Kingdom of Bahrain. 

	  	
       

	  	
      3. Statutory Holidays 

	  	
      Normal complement. 

		Page 4 of 8 

	  	4. Insurance 
		
      You will be provided with family health insurance
      provided by IHI or a comparable carrier. You shall also be provided with a
      Health Savings Account or Health Flex Account funded by The Company in the
      amount of $2,500.00. Any other insurance provided shall be comparable with
      the level of insurance provided by The Company to other senior executives
      in accordance with the terms of future plans and any revisions thereto.
      The beneficiary of any life insurance provided shall be Supatra Kesonpat.
      

	  	
       

	  	
      5. Office 

		
      You will be provided with an office in the Kingdom of
      Bahrain and such administrative support as is appropriate to address the
      needs of The Company. 

	  	
       

	Term of this 
Agreement: 	
      Subject to earlier termination as provided below the term
      of this agreement shall commence upon the effective date of this contract
      being July 1st, 2008 and shall expire on the date which is five (5) years
      from the date hereof (“Initial term”). This agreement shall be
      automatically renewed for one (1) five year period (“Renewal Term”)
      pursuant to terms as mutually agreed upon by the parties unless your
      employment is terminated by The Company in accordance with the terms of
      this agreement. In the event the parties are unable to agree on mutually
      acceptable terms, the renewal Term shall be governed by the same terms and
      conditions applicable immediately prior to the expiry of the Initial Term.
      

	  	
       

	Termination: 	
      Your employment with The Company may be terminated by The
      Company for just cause. If your employment is terminated by The Company
      for a reason other than just cause, defined as unethical or criminal
      behavior (or your death or resignation), or if there is a change in
      control at The Company resulting in the acquisition by any person,
      directly or indirectly, of 50% or more of The Company’s outstanding common
      shares, or any merger, arrangement or similar event where control is
      transferred, or any event whereby any party or group, acting together,
      elects or causes to be elected to the board of directors of The Company’s
      persons who are or may be considered nominees thereof, and such persons
      constitute 50% or more of the directors of The Company then in office, you
      shall be entitled to the following: 

		 •
	
      A severance payment in an amount equal to 6 months of
      your contract salary amount. The Severance Payment is payable in a
  

		Page 5of 8 

	 	  	
      lump sum within 14 days of the termination date.
  

	 	  	
       

		•	
      Despite the terms of any option plan, you shall have 3
      months to exercise any options then held; and 

	 	  	
       

		•	
      In the event of a takeover of buyout of The Company, any
      outstanding stock subject to issuance under the terms of this agreement
      shall be deemed to be fully vested and issuable.

		
      If your employment is terminated by death or permanent
      disability, provided that in the latter case The Company has made legally
      recognized efforts to accommodate your disability and such efforts to
      accommodate have been unsuccessful you (or your successors) shall not be
      entitled to the Severance Payment described herein, but the other
      severance entitlement terms hereof shall continue to apply. 

	  	
       

	Confidentiality: 	
      The terms of this agreement shall be kept confidential,
      to the extent permitted by applicable law. 

	  	
       

	Resignation: 	
      You may, by providing 30 days prior notice, in writing,
      terminate this Agreement and your employment with The Company. If you
      provide such notice, The Company may request that you cease duties prior
      to the expiry of this notice period, and The Company shall, in such event,
      pay you an amount equal to the difference between the amount you would
      have received had your employment been continued throughout the notice
      period and the amount actually paid by The Company to you during the
      notice period. 

	  	
       

	Intellectual Property, 	
      You hereby acknowledge as reasonable, and agree that you
      shall abide by, the following terms and conditions: 

	Confidentiality: 	
       

		
      (i) Technology, Know-How, Inventions, Patents: That all
      designs, devices, improvements, intentions and ideas made or conceived by
      you resulting from your access to the business of The Company shall be
      exclusive property of The Company and you and your estate agree to take
      all necessary steps to ensure that such property rights are protected; and
      

	  	
       

		
      (ii) Confidentiality: You shall keep confidential, at all
      times during your employment, and for 1 year after cessation of
      employment, any proprietary or confidential information about the business
      and affairs of, or belonging to, The Company or any affiliate or associate
      thereof, including information which, though technically not trade
      secrets, the 

		Page 6of 8 

		
      dissemination of knowledge whereof might prove
      prejudicial to any of them. 

	  	
       

	Legal Advice 	
      You acknowledge and agree you have had the opportunity to
      seek independent legal advice prior to the execution and delivery of this
      Agreement. 

	  	
       

	General 	
      Any notice or other communication required or permitted
      to be given hereunder shall be in writing and shall be delivered in
      person, transmitted by telecopy, email or similar means of recorded
      electronic communication or sent by registered mail, charges prepaid,
      addressed as follows or to such other address as the relevant party may
      specify from time to time: 

	 	(a) 	
      USR Technology, Inc. 
20333 S 249, Suite 200
      
Houston, Texas 77070 
United States of America 
Attention: John
      Ogden

	 	 	 
	 	(b) 	
      Kamonchai Kesonpat

	 		
      Villa No. 11 Palm Grove Avenue 35 
Gate No. 252 Block
      551 
Sar Area, Kingdom of Bahrain

Any such notice or other communication
shall be deemed to have been given and received on the day on which it was
delivered or transmitted (or, if such day is not a business day, on the next
following business day) or, if mailed, on the third business day following the
date of mailing; provided, however, that if at the time of mailing or within
three (3) business days thereafter there is or occurs a labor dispute or other
event which might reasonably be expected to disrupt the delivery of documents by
mail, any notice or other communication hereunder shall be delivered or
transmitted by means of recorded electronic communications as aforesaid 

This Agreement shall inure to the
benefit of and shall be binding upon and enforceable by the parties hereto, and
your heirs, executors, administrators and legal personal representatives and the
successors and assigns of The Company. This Agreement is personal to you and may
not be assigned by you. 

		Page 7 of 8 

	Entire Agreement: 	
      This Agreement constitutes the entire agreement between
      you and The Company with respect to the subject matter hereof and
      supersedes all prior agreements, understandings, negotiations and
      discussions, whether written or oral. There are no covenants, conditions,
      agreements, representations, warranties or any other terms or provisions,
      express or implied, collateral, statutory or otherwise, relating to the
      subject matter hereof, except as herein provided. 

	  	
       

	Governing Law: 	
      This Agreement shall be construed, interpreted and
      enforced in accordance with, and the respective rights and obligations of
      you and The Company and shall be governed by and construed and enforced in
      accordance with the laws of the state of Texas, United States of America,
      excluding the laws of the state of Texas regarding choice of law. The
      parties hereby irrevocably and unconditionally consent to submit to the
      exclusive jurisdiction of the state or federal courts located in the
      Southern District of Texas for any lawsuits, actions or other proceedings
      arising out of or relating to this Agreement and agree to waive any claim
      or defense based on jurisdiction or inconvenient or improper forum or
      venue. 

	  	
       

	Waiver: 	
      No amendment or waiver of any provision of this Agreement
      shall be binding on you and The Company unless consented to in writing by
      such party. No waiver of any provision of this Agreement shall constitute
      a waiver of any other provision nor shall any waiver constitute a
      continuing waiver unless otherwise provided. No failure or delay of any
      party in exercising any right, power, or privilege hereunder shall operate
      as a waiver thereof, nor shall any single or partial exercise thereof
      preclude any other or further exercise thereof or the exercise of any
      right, power, or privilege hereunder. 

	  	
       

	Severability: 	
      If any term or provision of this Agreement is found to be
      invalid, illegal or unenforceable, the remaining terms and provisions of
      this Agreement shall remain in full force and effect notwithstanding such
      invalidity, illegality or unenforceability. 

This agreement is subject to the approval of The Company’s
Compensation Committee and Board of Directors and if so obtained the effective
date as agreed would be July 1st, 2008.

 

		Page 8 of 8 

If you are in agreement with the terms of employment as
contained in this letter, please confirm your acceptance of same by signing
below and returning this letter in confidence to The Company at the notice
office stated above.

Yours very truly,

 

 

/s/ J. David LaPrade 

  J. David LaPrade 

  President 

 

 

 

 

	  	 	I hereby accept the terms of this offer.
    
	 	 	 
	 	 	/s/ Kamonchai Kesonpat 
	Witness: 	 	Kamonchai Kesonpat 
	 	 	 
	  	 	Date: August 22, 2008

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