0000717423-19-000030 Sample Contracts

FORM OF SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • May 2nd, 2019 • Murphy Oil Corp /De • Crude petroleum & natural gas • Delaware

THIS AGREEMENT (the “Agreement”) made as of the [●] day of [●] 20[●] (the “Effective Date”), by and between Murphy Oil Corporation, a Delaware corporation, and its Successors and Assigns (collectively, the “Company”) and [●] (“Executive”). Unless otherwise indicated, capitalized terms used in this Agreement shall have the meanings as set forth in Section ‎15.

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AMENDMENT TO SEVERANCE PROTECTION AGREEMENT
Severance Protection Agreement • May 2nd, 2019 • Murphy Oil Corp /De • Crude petroleum & natural gas

This Amendment (this “Amendment”) to the Severance Protection Agreement, dated as of August 7, 2013 (the “Severance Protection Agreement”), by and between Murphy Oil Corporation (the “Company”) and Roger W. Jenkins (“Executive”), is entered into as of February 5, 2019. Unless otherwise indicated, capitalized terms used in this Amendment shall have the meanings as set forth in the Severance Protection Agreement.

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