0000950134-08-008326 Sample Contracts

PIONEER SOUTHWEST ENERGY PARTNERS L.P. INDEMNIFICATION AGREEMENT
Indemnification Agreement • May 2nd, 2008 • Pioneer Southwest Energy Partners L.P. • Crude petroleum & natural gas • Delaware

This Agreement (“Agreement”) is made and entered into as of the 28th day of April, 2008, by and between Pioneer Southwest Energy Partners L.P., a Delaware limited partnership (the “Partnership”), and Alan L. Gosule (“Indemnitee”).

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FORM] PIONEER SOUTHWEST ENERGY PARTNERS L.P. 2008 LONG TERM INCENTIVE PLAN RESTRICTED UNIT AGREEMENT FOR NONEMPLOYEE DIRECTORS (ANNUAL AWARD)
Restricted Unit Agreement • May 2nd, 2008 • Pioneer Southwest Energy Partners L.P. • Crude petroleum & natural gas • Delaware

This Restricted Unit Agreement (this “Agreement”) is made and entered into by and between PIONEER NATURAL RESOURCES GP LLC, a Delaware limited liability company (the “Company”), and __________________ (the “Director”). This Agreement is entered into as of the ___ day of , 200___ (the “Date of Grant”). Capitalized terms used in this Agreement but not otherwise defined herein shall have the meanings ascribed to such terms in the Plan (as defined below), unless the context requires otherwise.

AGREEMENT AND PLAN OF MERGER of PIONEER NATURAL RESOURCES USA, INC. PIONEER SOUTHWEST ENERGY PARTNERS USA LLC PIONEER RETAINED PROPERTIES COMPANY LLC and PIONEER LIMITED NATURAL RESOURCES PROPERTIES LLC
Merger Agreement • May 2nd, 2008 • Pioneer Southwest Energy Partners L.P. • Crude petroleum & natural gas

This Agreement and Plan of Merger (this “Plan of Merger”) is made as of May 1, 2008, pursuant to Title 1, Section 10.003 and 10.004 of the TBOC, by and among Pioneer Natural Resources USA, Inc., a Texas corporation (“Pioneer USA”), Pioneer Southwest Energy Partners USA LLC, a Texas limited liability company (the “Operating Company”), Pioneer Retained Properties Company LLC, a Texas limited liability company (“Retained Company”), and Pioneer Limited Natural Resources Properties LLC, a Texas limited liability company (“Properties LLC”, and together with Pioneer USA, the Operating Company and Retained Company being sometimes collectively referred to as the “Parties” and individually as a “Party”).

PIONEER SOUTHWEST ENERGY PARTNERS L.P. 8,250,000 Common Units Representing Limited Partner Interests UNDERWRITING AGREEMENT
Underwriting Agreement • May 2nd, 2008 • Pioneer Southwest Energy Partners L.P. • Crude petroleum & natural gas • New York

Deutsche Bank Securities Inc. Citigroup Global Markets Inc. UBS Securities LLC As Representatives of the Several Underwriters,

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