Re: Retention Bonus AgreementRetention Bonus Agreement • November 7th, 2017 • Exco Resources Inc • Crude petroleum & natural gas • Texas
On behalf of EXCO Resources, Inc. (the “Company”), I am pleased to offer you the opportunity to receive a retention bonus, if you agree to the terms and conditions contained in this Retention Bonus Agreement (this “Agreement”), which shall be effective as of the date set forth below in Section 6 (the “Effective Date”).
Via Email & Fax EXCO Operating Company, LP 12377 Merit Drive Dallas, Texas 75251 Attention: General Counsel Fax: 214-706-3409 August 14, 2017 Email: hlamparter@EXCOResources.com Re: Agreement to Terminate Purchase and Sale Agreement Ms. Lamparter:Agreement to Terminate Purchase and Sale Agreement • November 7th, 2017 • Exco Resources Inc • Crude petroleum & natural gas
Reference is made to that certain Purchase and Sale Agreement by and among EXCO Operating Company, LP (“EOC”) and EXCO Land Company, LLC (“EXCO Land”, and together with EOC, “EXCO”), as Seller, and VOG Palo Verde LP (“Venado”), as Buyer, dated April 7, 2017 (as amended, the “PSA”). EXCO and Venado are each referred to herein as a “Party” and collectively referred to as the ‘‘Parties”. Capitalized terms used in this letter agreement but not defined in this letter agreement shall have the meanings given to such terms in the PSA.
