0000077877-10-000050 Sample Contracts

Employment Agreement
Employment Agreement • April 23rd, 2010 • Petroleum Development Corp • Crude petroleum & natural gas • Colorado

This Employment Agreement (the “Agreement”) is made and entered into this 19th day of April, 2010, effective as of April 1, 2010, by and between Petroleum Development Corporation, a Nevada Corporation (the “Company”), and Lance Lauck (“Lauck”).

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Employment Agreement
Employment Agreement • April 23rd, 2010 • Petroleum Development Corp • Crude petroleum & natural gas • Colorado

This Employment Agreement (the “Agreement”) is made and entered into this 19th day of April, 2010, effective as of April 1, 2010, by and between Petroleum Development Corporation, a Nevada Corporation (the “Company”), and Richard W. McCullough (the “Employee”).

Employment Agreement
Employment Agreement • April 23rd, 2010 • Petroleum Development Corp • Crude petroleum & natural gas • Colorado

This Employment Agreement (the “Agreement”) is made and entered into this 19th day of April, 2010, effective as of April 1, 2010, by and between Petroleum Development Corporation, a Nevada Corporation (the “Company”), and Barton R. Brookman ( “Brookman”).

Employment Agreement
Employment Agreement • April 23rd, 2010 • Petroleum Development Corp • Crude petroleum & natural gas • Colorado

This Employment Agreement (the “Agreement”) is made and entered into this 19th day of April, 2010, effective as of April 1, 2010, by and between Petroleum Development Corporation, a Nevada Corporation (the “Company”), and Gysle R. Shellum (“Shellum”).

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