RELINQUISHMENT AGREEMENTRelinquishment Agreement • August 10th, 2011 • Fx Energy Inc • Crude petroleum & natural gas • Utah
THIS RELINQUISHMENT AGREEMENT (“Agreement”) is entered into effective as of this 9th day of August, 2011, between and among FX ENERGY, INC., a Nevada corporation (“Company”), [participant], an executive employee of Company (“Participant”), and FX ROYALTY, LLC, a Utah limited liability company (“Participant Designee”) that has been duly constituted and appointed by Participant and others of substantially like standing (together, the “Participants”) to hold and administer the interests granted to the Participants pursuant to that certain Royalty Agreement effective as of March 16, 2010 (“Royalty Agreement”), on the following:
