EMPLOYMENTAGREEMENT

EMPLOYMENT.  EnerJex hereby agrees to employ Cochennet and Cochennet hereby accepts such employment, upon the terms and conditions hereinafter set forth.

TERM.  For purposes of this Agreement, “Term” shall mean the original term (as defined in Section 2.1 below), if Renewal Term is initiated, then “Term” shall mean the renewal term period.

Original Term: The Term of this Agreement shall commence on August 1, 2008 and expire on July 31, 2011, unless sooner terminated pursuant to the terms and provisions herein stated.

Renewal Term(s):  This Agreement shall automatically be extended for additional one (1) year renewal terms unless earlier terminated in accordance with the provisions of Section 6 below. Within 180 days from the end of the original contract either party can notify the other side if they desire to terminate the contract, otherwise the contract automatically renews as stated above.

Salary:   EnerJex shall pay Cochennet a base annual salary of Two Hundred Thousand Dollars ($200,000) per annum, payable in accordance with EnerJex’s normal policies but in no event less often than semi-monthly (the “Base Salary”).  Effective April 1, 2009 and each April 1st thereafter,

Incentive Compensation for Fiscal Year 2009 and Future Years: Cochennet shall also be eligible for incentive compensation in accordance with Addendum A, President and Chief Executive Officer Incentive Compensation Plan, attached hereto and made a part hereof by this reference.

Fiscal Year 2008 Incentive Compensation: EnerJex did not have a formal annual incentive plan in place covering the President and Chief Executive Officer for the fiscal year ended March 31, 2008.  In recognition of the accomplishments of this past fiscal year, EnerJex shall pay Cochennet a lump sum cash bonus equal to $50,000.00, less applicable taxes, within five (5) business days of the execution of this Agreement. In addition to the cash bonus, EnerJex will grant Cochennet 30,000 options of EnerJex common stock priced at $6.25 per share upon execution of this agreement. The options will vest immediately and will have a three year term.

Signing Bonus: As a signing bonus, Cochennet shall be paid a one-time bonus equal to 45,000 options of EnerJex common stock priced at $6.25 per share.  The options shall vest based on the following schedule: 10,000 options shall vest on July 1, 2009; 15,000 options shall vest on July 1, 2010; and 20,000 options shall vest on July 1, 2011. The options will be exercisable for a three year term following the vesting date. Cochennet must be employed by EnerJex on the above vesting dates for these options to be vested.

Equity Incentive Plans:  Cochennet shall be eligible to participate in EnerJex’s equity incentive plans during the term of employment as determined by the Governance, Compensation and Nominating Committee of the Board of Directors.  EnerJex anticipates approaching the shareholders to amend or adopt a plan which will authorize issuance of restricted shares of common stock of EnerJex to be used in incentive compensation programs.

General Benefits:  Cochennet shall be entitled to receive or participate in all benefit plans and programs of EnerJex made available from time to time to executives or senior management of EnerJex, including but not limited to, dental and medical insurance, pension and profit sharing plans, 401(k) plans, incentive savings plans, stock option plans, group life

Long-term Disability Insurance: If EnerJex does not maintain a long term disability plan for its executives and senior management, Cochennet may seek out and obtain individual long-term disability insurance (covering a disability lasting for over 180 days) and EnerJex shall pay for and maintain such insurance for the Term of this Agreement, including any Renewal Term(s), sufficient to pay Cochennet an amount up to 50% of his base salary for the period of incapacity.  Notwithstanding the foregoing, in no event shall EnerJex’s annual payment for such coverage exceed $2,000.00 per year, unless otherwise approved by the Governance, Compensation and Nominating Committee of the Board of Directors.

Director and Officer Insurance: EnerJex shall use commercially reasonable efforts to purchase and maintain a Directors and Officers liability insurance policy on terms and conditions deemed acceptable by the Board of Directors, acting in good faith, which policy shall cover Cochennet at all times during his employment Term, including any Renewal Term(s). Such liability insurance shall be at a value of a minimum of One Million dollars ($1,000,000).

Business Expense:  Cochennet shall be entitled to receive proper reimbursement for all reasonable out-of-pocket expenses incurred for purposes of paying business expenses, including without limitation, business travel, entertainment, lodging and similar activities directly by Cochennet in performing Cochennet’s duties and obligations under this Agreement, including those expenses incurred for the use of a company cell phone and home office.  EnerJex shall pay or reimburse such expenses on at least a monthly basis, upon submission by Cochennet of appropriate receipts, vouchers or other documents in accordance with EnerJex’s policy.

Automobile Expenses: EnerJex shall provide Cochennet with either (i) a corporate vehicle owned or leased by EnerJex, or (ii) an allowance of up to $1,000.00 per month for the lease or purchase payments. In addition, EnerJex shall pay for all expenses relating to Cochennet’s operation and use of an automobile in the course of performing duties and obligations under this Agreement.  EnerJex shall pay or reimburse such expenses on at least a monthly basis, upon submission by Cochennet of appropriate receipts, vouchers or other documents in accordance with EnerJex’s policy.

Vacation:  Cochennet shall be entitled during the Term of this Agreement to four (4) weeks vacation per year during which time Cochennet’s compensation will be paid in full.  In an effort to keep Cochennet fresh

Position: Cochennet is employed as President and Chief Executive Officer and a nominated Member of the Board of Directors and shall perform such services and duties as are defined in Addendum B, Job Description, attached hereto, and as are normally associated with such position, subject to the direction, supervision and rules and regulations of EnerJex.

Place of Employment: The place of Cochennet’s employment and the performance of Cochennet’s duties will be at EnerJex’s corporate headquarters and at Cochennet’s home office or at such location as agreed upon by EnerJex and Cochennet.

Extent of Services: Cochennet shall at all times and to the best of his ability perform his duties and obligations under this Agreement in a reasonable manner consistent with the interests of EnerJex.  The precise services of Cochennet may be extended or curtailed, from time to time at the discretion of EnerJex, and Cochennet agrees to render such different and/or additional services of a similar nature as may be assigned from time to time by EnerJex.  However, EnerJex shall not materially alter Cochennet’s title, duties, obligations or responsibilities or transfer Cochennet outside of the Kansas City, Missouri area without Cochennet’s prior written consent.

TERMINATION.  The Term of this Agreement shall end upon its expiration pursuant to Section 2 hereof, provided that this Agreement shall terminate prior to such date: (a) upon Cochennet’s resignation, death or permanent disability or incapacity; or (b) by EnerJex at any time for “Cause” (as defined in Section 6.4 below) or without Cause.

By Resignation.  If Cochennet resigns with “Good Reason” (as defined below) this Agreement shall terminate but Cochennet shall be entitled to receive:

(i)  

a material diminution in Cochennet’s Base Salary;

(ii)  

a material diminution in Cochennet's authority, duties, or responsibilities, including a requirement that Cochennet report to a

(iii)  

a material change in the geographic location at which Cochennet must perform the services for which he is employed;

(iv)  

any other action or inaction that constitutes a material breach by EnerJex under this Agreement; or

(v)  

Cochennet resigns within twelve (12) months of a Change of Control (as defined in Section 7).

By Reason of Incapacity or Disability: If Cochennet becomes so incapacitated by reason of accident, illness, or other disability that Cochennet is unable to carry on substantially all of the normal duties and obligations of Cochennet under this Agreement for a continuous period of one-hundred-eighty (180) days (the “Incapacity Period”), this Agreement shall terminate but Cochennet shall be entitled to receive:

By Reason of Death:  If Cochennet dies during the Term of this Agreement, EnerJex shall pay to Cochennet’s estate:

For Cause.  If the Term of this Agreement is terminated by EnerJex for Cause, Cochennet shall be entitled to receive all earned but unpaid Base Salary through the date of termination of employment.  However, if a dispute arises between EnerJex and Cochennet that is not resolved within sixty (60) days and neither party initiates arbitration proceedings pursuant to Section 13.8, EnerJex shall have the option to pay Cochennet a lump sum payment equal to six (6) months Base Salary (the “Severance Payment”) in lieu of any and all other amounts or payments to which Cochennet may be entitled relating to his employment with EnerJex.  Such determination to pay the Severance Payment shall be made in the reasonable judgment of the Board of Directors.  If EnerJex elects to make a payment to Cochennet of the Severance Payment, the parties hereto agree that such Severance Payment and the payment provided by Section 6.6 shall be Cochennet’s complete and exclusive remedy for such a termination for Cause.

(i)  

an adjudication of Cochennet’s fraud, theft or dishonesty with respect to EnerJex;

(ii)  

Cochennet’s conviction of a felony, a crime involving moral turpitude or other act causing material harm to EnerJex’s standing and reputation;

(iii)  

Cochennet’s continued material failure to perform Cochennet’s duties to EnerJex after thirty (30) days’ written notice thereof to Cochennet; or

(iv)  

gross negligence or willful misconduct by Cochennet with respect to EnerJex.

Without Cause. If EnerJex terminates Cochennet’s employment without Cause, Cochennet shall be entitled to receive:

Effect of Termination on Unused Vacation Time:  Upon the termination of this Agreement, unless termination is for Cause, Cochennet shall also have the right to receive any accrued but unused vacation time for that current fiscal year, and any benefits vested under the terms of any applicable benefit plans.

Time of Payment:  Any amounts payable under this Section 6 shall be paid in a single lump sum within 30 days following Cochennet’s termination of employment.

Release and Waiver.  Notwithstanding the preceding provisions of this Section 6 or any other provision in this Agreement to the contrary, Cochennet’s entitlement to any post-termination payment under this Agreement shall be subject to and conditioned upon Cochennet’s execution of a release and waiver of claims on the form reasonably acceptable to EnerJex.

 

(i)

The consummation of a merger or consolidation of EnerJex with or into another entity or any other corporate reorganization, if more than 50% of the combined voting power of the continuing or surviving entity’s securities outstanding immediately after such merger, consolidation or other reorganization is owned by persons who were not stockholders of EnerJex immediately prior to such merger, consolidation or other reorganization;

 

(ii)

the sale, transfer or other disposition of all or substantially all of EnerJex’s assets; or

 

(iii)

The date that 40% or more of the current members of the Board of Directors as of the date of this Agreement are replaced by directors who are not currently members of the Board of Directors.

If Termination is for Cause. If Cochennet is terminated for Cause, Cochennet shall not, directly or indirectly, either during the Term or for a period of twenty-four (24) months thereafter, engage in any Competitive Business (as defined below), or any energy-related business, in the mid-continent region (Kansas, Missouri, North Texas, Oklahoma, Wyoming, Montana, Nebraska and Arkansas) of the United States; provided, however, that the ownership of less than five percent (5%) of the outstanding capital stock of a corporation whose shares are traded on a national securities exchange or on the over-the-counter market or the ownership shall not be deemed engaging any Competitive Business. “Competitive Business” shall mean the oil and natural gas industry, including oil and gas leasing, drilling, and other operations, syndication and marketing of partnership or other investments related to oil and natural gas operations, or any other business activities that are the same as

If Cochennet Resigns for “Good Reason” or is Terminated Without Cause. If Cochennet resigns for “Good Reason” or Cochennet is terminated without Cause, Cochennet shall not be restricted under any non-compete provision of this Agreement other than Section 8.3, which will remain in force for eighteen (18) months.

Non-Solicitation; Agreement not to Hire/be Hired. Cochennet understands and appreciates that EnerJex invests a tremendous amount of time, energy, resources and expertise in the training and education of its employees to be able to operate its operations. Further, Cochennet understands that in the event an employee of EnerJex, or any of its operating subsidiaries, is enticed to leave, then EnerJex shall be damaged in an amount the Parties are not capable of calculating at the present time. Therefore, Cochennet agrees, that during any non-compete period set forth under Section 8.1 above, that he will not offer employment or contractor status to any employee or contractor or affiliated person of EnerJex, or accept employment or contractor status from any employee or contractor or affiliated person of EnerJex; or its operating subsidiaries, nor to allow any person or entity affiliated with Cochennet to offer such employment status with Cochennet or any other concern, venture or entity with whom Cochennet may be employed by, associated or hold a more than five percent (5%) ownership position in.

TRADE SECRETS AND CONFIDENTIALITY:

Nondisclosure. Without the prior written consent of EnerJex, Cochennet shall not, at any time, either during or after the term of this Agreement, directly or indirectly, divulge or disclose to any person, firm, association, or corporation, or use for Cochennet’s own benefit, gain, or otherwise, any customer lists, plans, products, data, results of tests and data, or any other trade secrets or confidential materials or like information (collectively referred to as the “Confidential Information”) of EnerJex and/or its Affiliates, as hereinafter defined, it being the intent of EnerJex, with which intent Cochennet hereby agrees, to restrict Cochennet from disseminating or using any like information that is unpublished or not readily available to the general public.

Notice of Compelled Disclosure. If, at any time, Cochennet becomes legally compelled (by deposition, interrogatory, request for documents, subpoena, civil investigative demand, or similar process or otherwise) to disclose any of the Confidential Information, Cochennet shall provide EnerJex with prompt, prior written notice of such requirement so that EnerJex may seek a protective order or other appropriate remedy and/or waive compliance with the terms of this Agreement. In the event that such protective order or other remedy is not obtained, that EnerJex waives compliance with the provisions hereof, Cochennet agrees to furnish only that portion of the Confidential Information which Cochennet is advised by written opinion of counsel is legally required and exercise Cochennet’s best efforts to obtain assurance that confidential treatment will be accorded such Confidential Information. In any event, Cochennet shall not oppose action by EnerJex to obtain an appropriate protective order or other reliable assurance that confidential treatment will be accorded the Confidential Information.

Assurance of Compliance. Cochennet agrees to represent to EnerJex, in writing, at any time that EnerJex so request, that Cochennet has complied with the provisions of this section, or any other section of this Agreement.

INDEMNIFICATION OF COCHENNET: EnerJex shall, to the maximum extent permitted by law, indemnify and hold Cochennet harmless against expenses, including reasonable attorney’s fees, judgments, fines, settlement, and other amounts actually and reasonably incurred in connection with any proceeding arising by reason of Cochennet’s employment by EnerJex. Further, EnerJex shall advance to Cochennet any expense incurred in defending such proceeding to the maximum extent permitted by law.

RETURN OF ENERJEX PROPERTY: Cochennet agrees that upon any termination of his employment, Cochennet shall return to EnerJex within a reasonable time not to exceed forty-eight (48) hours, any of EnerJex’s property in his possession or under his control, including but not limited to, all lists, books, records, data, and other information (including all copies thereof in whatever form or media) of every kind relating to or connected with EnerJex or its Affiliates and their activities, business and customers, computer/office automation equipment, records and names, addresses, and other information with regard to customers or potential customers of EnerJex with whom Cochennet has had contact or done business.

RELATIONSHIP OF PARTIES: The parties intend that this Agreement create an Employee-Employer relationship between the parties.

NOTICES:  All notices, required and demands and other communications hereunder must be in writing and shall be deemed to have been duly given when

Entire Agreement.  This Agreement and the Addendums hereto contain the entire agreement of the parties.  This Agreement may not be altered, amended or modified except in writing duly executed by the parties.

Assignment.  Neither party, without the written consent of the other party, can assign this Agreement.

Binding.  This Agreement shall be binding upon and inure to the benefit of the parties, their personal representative, successors and assigns.

No Waiver.  The waiver of the breach of any covenant or condition herein shall in no way operate as a continuing or permanent waiver of the same or similar covenant or condition.  Any waiver must be in writing and signed by the party granting the waiver.

Severability.  If any provision of this Agreement is held to be invalid or unenforceable for any reason, the remaining provisions will continue in full force without being impaired or invalidated in any way.  The parties hereto agree to replace any invalid provision with a valid provision which most closely approximates the intent of the invalid provision.

Interpretation.  This Agreement shall not be construed more strongly against any party hereto regardless of which party may have been more responsible for the preparation of Agreement.

Governing Law.  This Agreement shall be governed by and construed under the laws of the State of Kansas, without reference to the choice of law principles thereof.

Arbitration.

Any controversy, dispute or claim of whatever nature in any way arising out of or relating to Cochennet’s employment with EnerJex, including, without limitation (except as expressly excluded below in Section 14.8.2) any claims or disputes by Cochennet against EnerJex, or by EnerJex against Cochennet, concerning, arising out of or relating to the separation of that employment; any other adverse personnel action by EnerJex; any federal, state or local law, statute or regulation prohibiting employment discrimination or harassment; any public policy; any EnerJex disciplinary action; any EnerJex decision regarding a EnerJex policy or practice, including but not limited to Cochennet’s compensation or other benefits; and any other claim for personal, emotional, physical or economic injury (individually or collectively, “Covered Claims”) shall be resolved, at the request of any party to this Agreement, by final and binding arbitration in Kansas City, Missouri before Judicial Arbitration Mediation Services (“JAMS”) in accordance with JAMS’ then-current policies and procedures for arbitration of employment disputes.

The only claims or disputes excluded from binding arbitration under this Agreement are the following: any claim by Cochennet for workers’ compensation benefits or for benefits under a EnerJex plan that provides its own arbitration procedure; and any claim by either party for equitable relief, including but not limited to, a temporary restraining order, preliminary injunction or permanent injunction against the other party.

This agreement to submit all Covered Claims to binding arbitration in no way alters the exclusivity of Cochennet’s remedy under Section 6.5 in the event of any termination without Cause or the exclusivity of Cochennet’s remedy under Section 6.4 in the event of any termination with Cause, and does not require EnerJex to provide Cochennet with any type of progressive discipline.

Taxes.  EnerJex is authorized to withhold from any payment or benefit provided hereunder, the amount of withholding taxes due any federal, state or local authority in respect of such benefit or payment and to take such other action as may be necessary in the opinion of EnerJex to satisfy all obligations for the payment of such withholding taxes.  In the event EnerJex does not make such deductions or withholdings, Cochennet shall indemnify EnerJex for any amounts paid with respect to any such taxes, together with any interest, penalties and related expenses thereto.  Cochennet acknowledges that no oral or written representation of fact or opinion has been made to him by EnerJex or its attorneys regarding the tax treatment or consequences of any payment made under this Agreement.  Cochennet acknowledges and agrees that to the extent any liability or responsibility exists for Cochennet’s federal, state and local income or other taxes, such liability or responsibility rests solely with him. Cochennet further agrees to indemnify and hold harmless EnerJex in connection with any liability incurred by EnerJex in connection with any tax or taxes for which Cochennet is responsible.

Section 409A of the Internal Revenue Code.  To the extent applicable, this Agreement shall be interpreted, construed and operated in accordance with the Section 409A of the Internal Revenue Code, and the Treasury regulations and other guidance issued thereunder.  Any reference to termination of employment, severance from employment or similar terms shall mean and be interpreted as a “separation from service” as defined (as defined in Treasury Regulation §1.409A-1(h)).  If on the date of Cochennet’s separation from service with EnerJex Cochennet is a specified employee (as defined in Code Section 409A and Treasury Regulation §1.409A-1(i)), no payment constituting the  “deferral of compensation” within the meaning of Treasury Regulation §1.409A-1(b) and after application of the exemptions provided in Treasury Regulation §§1.409A-1(b)(4) and 1.409A-1(b)(9)(iii) shall be made to Cochennet at any time during the six (6) month period following Cochennet’s separation from service, and any such amounts shall instead be paid in a lump sum on the first payroll payment date following expiration of such six (6) month period.  Any obligation of EnerJex to reimburse Cochennet for expenses incurred during any taxable year of Cochennet shall not affect the expenses eligible for reimbursements in any other taxable year.  Further, such reimbursement of expenses shall be made on or before the last day of Cochennet’s taxable year following the taxable year in which the expense was incurred.

Titles.  Titles to the sections of this Agreement are solely for the convenience of the parties and shall not be used to explain, modify, simplify, or aid in the interpretation of the provisions of this Agreement.

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

35%

PDP Net Reserve Growth (BOE) greater than 25% as determined by third party engineering firm from previous FY end levels

35%

Year over Year net production increase (BOPDE sold) greater than 25% - FYE 3/31/09 will use FYE 3/31/08 Q4 annualized as basis

15%

Year over Year LOE Cost must show decrease on BOPDE sold basis - FYE 3/31/09 will use FYE 3/31/08 Q4 annualized as basis

15%

EJXR share price must increase by more than 100% from previous FYE level

50%

of Cochennet’s total annual incentive bonus will be paid on 6/30 following the end of the fiscal year to which such bonus relate.  For example, 50% of the 2009 fiscal year annual incentive bonus will be paid on 6/30/09.

25%

of Cochennet’s total annual incentive bonus will be paid on the first anniversary of the initial payment date.   For example, 25% of the 2009 fiscal year annual incentive bonus will be paid on 6/30/10.

25%

of Cochennet’s total annual incentive bonus will be paid on the second anniversary of the initial payment date.   For example, 25% of the 2009 fiscal year annual incentive bonus will be paid on 6/30/11.

·  

Net Cash Flow from operations must be sufficient to pay the full incentive amount owed under the Plan (not just the current year’s portion);

·  

If Cochennet terminates employment prior to the full payment date of any annual incentive bonus, then any unpaid bonus compensation shall be forfeited except as provided under Cochennet’s Employment Agreement in the event of death, disability, voluntary termination for good reason, or involuntary termination without cause.

Long-Term Incentives.

Stock Option Grants. Subject to Section 3.2, Cochennet shall be eligible to receive up to one hundred thirty five thousand (135,000) options to purchase EnerJex’s common stock pursuant to the EnerJex Resources, Inc. Stock Option Plan, as amended from time to time, or any successor plan, in accordance with the following:

Option Expiration Date*

2009

7/01/09

30,000

FMV on Grant Date

6/30/12

2010

7/01/10

45,000

FMV on Grant Date

6/30/13

2011

7/01/11

60,000

FMV on Grant Date

6/30/14

 

*The options shall be immediately vested and exercisable from the grant date through the option expiration date.

Fiscal 2009

Target

40%

PDP Net Reserve Growth (BOE) at 3/31/09 greater than 35% over 3/31/08 levels, as determined by third party engineering firm

30%

Year over Year net production increase (BOPDE sold) by 35% - FYE 3/31/09 will use FYE 3/31/08 Q4 annualized as its starting basis

30%

EJXR share price must increase over the share price level at date of execution of this agreement.  The share price must be $11.00 on 3/31/09 to meet this goal.

Fiscal 2010

Target

40%

PDP Net Reserve Growth (BOE) at 3/31/10 greater than 35% over 3/31/09 levels, as determined by third party engineering firm

30%

Year over Year net production increase (BOPDE sold) by 35% - FYE 3/31/10 will use FYE 3/31/09 Q4 annualized as its starting basis

30%

EJXR share price must increase over the targeted 3/31/09 share price level.  The share price must be $16.85 on 3/31/10 to meet this goal.

Fiscal 2011

Target

40%

PDP Net Reserve Growth (BOE) at 3/31/11 greater than 35% over 3/31/10 levels, as determined by third party engineering firm

30%

Year over Year net production increase (BOPDE sold) by 35% - FYE 3/31/11 will use FYE 3/31/10 Q4 annualized as its starting basis

30%

EJXR share price must increase over the targeted 3/31/10 share price level.  The share price must be $22.55 on 3/31/11 to meet this goal.

·  

Plans the overall business strategy and goals of EnerJex designed to provide a return on stockholder investment and establishes objectives for each function to meet those goals, with the cooperation of the Board of Directors.

·  

Use all reasonable efforts and business judgment to prevent defaults from occurring under any financing or other agreements.

·  

Oversees the operation of EnerJex through EnerJex’s officers and managers.

·  

Oversees that EnerJex is operated in accordance with EnerJex’s Code of Ethics and within its Corporate Governance Guidelines.

·  

Assists in developing and presenting an annual business plan and budget, for EnerJex’s operations, to the Board of Directors.

·  

Establishes current and long range goals, objectives, plans and policies, subject to approval by the Board of Directors.

·  

Determines the appropriate organization structure and staffing responsibilities required to meet EnerJex’s objectives.  Dispenses advice, guidance, direction, and authorization to carry out major plans, standards and procedures, consistent with established policies and Board approval.

·  

Meets with EnerJex’s executives to ensure that operations are being executed in accordance with the EnerJex’s policies.

·  

Oversees the adequacy and soundness of the EnerJex’s financial structure with EnerJex principal financial officer and audit committee.

·  

Reviews operating results of EnerJex, compares them to established objectives, and takes steps to use his best efforts to ensure appropriate measures are taken to correct unsatisfactory results.

·  

Oversees the preparation and filing of all SEC reports and filings, using his best efforts to ensure timely and accurate filing of all SEC reports and filings..

·  

Plans and directs all investigations and negotiations pertaining to mergers, joint ventures, the acquisition of businesses, or the sale of major assets with approval of the Board of Directors.

·  

Establishes and maintains an effective system of communications throughout EnerJex.

·  

Fulfills responsibility to the Board of Directors to inform or seek approval for significant matters such as financing, capital expenditures, and appointment of officers. In accordance to Board guidelines.

·  

Utilizes legal counsel and other professionals in a manner designed to ensure that EnerJex business transactions are conducted in accordance with prevailing legal and regulatory requirements.

·  

Reviews and determines approval of all recommendations for compensation of employees, managers and employees.

·  

Presides over stockholders meetings.

·  

Represents EnerJex with major customers, stockholders, the financial community, the SEC, the Kansas Corporations Commission and the public.

·  

Plans and develops public relations policies designed to improve EnerJex's image and relations with customers, employees, stockholders, and public.

·  

Evaluates performance of executives for compliance with established policies and objectives of EnerJex and contributions in attaining objectives.

1.  

Executive Officer, Director and 100% stockholder of CSC Group, a private consulting firm which includes referral agreements with Strategic Partner’s Group, Utilx, TBG Financial and DST.