February 8, 2008 Mr. Martin R. Ferron 95 Trinity Oaks Circle The Woodlands, TX 77381 Dear Martin:Separation Agreement • February 8th, 2008 • Helix Energy Solutions Group Inc • Oil & gas field services, nec • Texas
You have tendered your resignation as an officer and director of Helix Energy Solutions Group, Inc. (hereinafter referred to as the “Company”), and have elected to terminate your employment with the Company on February 18, 2008. The purpose of this letter (the “Agreement”) is to set forth certain agreements and understandings regarding, among other things:
