TERMINATION AGREEMENTTermination Agreement • March 22nd, 2019 • Denbury Resources Inc • Crude petroleum & natural gas • Virginia
THIS TERMINATION AGREEMENT (this “Agreement”), dated March 21, 2019, is by and among Denbury Resources Inc., a Delaware corporation (“Parent”), Dragon Merger Sub Inc., a Virginia corporation and wholly owned subsidiary of Parent (“Merger Sub”), DR Sub LLC, a Virginia limited liability company and wholly owned subsidiary of Parent (“LLC Sub”) and Penn Virginia Corporation, a Virginia corporation (the “Company” and, together with Parent, Merger Sub and LLC Sub, the “Parties”). Capitalized terms used but not defined herein have the respective meanings given to them in the Merger Agreement (as defined below).
