FORM OF RETENTION BONUS AGREEMENT FOR SENIOR OFFICERS AND KEY EMPLOYEES OF CANADA SOUTHERNRetention Bonus Agreement • May 25th, 2006 • Canada Southern Petroleum LTD • Crude petroleum & natural gas
Contract Type FiledMay 25th, 2006 Company IndustryAs you are aware, Canada Southern Petroleum Ltd. (“Canada Southern”) has received an expression of interest for the potential sale of the company. Of course, should Canada Southern be sold, the employment relationships between Canada Southern and its employees will be affected by the potential sale of the business.