0001047469-14-007128 Sample Contracts

FORM OF] SEPARATION AND DISTRIBUTION AGREEMENT BY AND BETWEEN OCCIDENTAL PETROLEUM CORPORATION AND CALIFORNIA RESOURCES CORPORATION DATED AS OF [·], 2014
Separation and Distribution Agreement • August 20th, 2014 • California Resources Corp • Crude petroleum & natural gas • Texas

This SEPARATION AND DISTRIBUTION AGREEMENT, made and entered into effective as of [·], 2014 (this “Agreement”), is by and between Occidental Petroleum Corporation, a Delaware corporation (“OPC”), and California Resources Corporation, a Delaware corporation and wholly owned subsidiary of OPC (“CRC”). Capitalized terms used herein and not otherwise defined shall have the respective meanings assigned to them in Article I.

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FORM OF] EMPLOYEE MATTERS AGREEMENT BY AND BETWEEN OCCIDENTAL PETROLEUM CORPORATION AND CALIFORNIA RESOURCES CORPORATION DATED AS OF , 2014
Employee Matters Agreement • August 20th, 2014 • California Resources Corp • Crude petroleum & natural gas • Texas

This EMPLOYEE MATTERS AGREEMENT, made and entered into effective as of [·], 2014, is by and between Occidental Petroleum Corporation, a Delaware corporation (“OPC”), and California Resources Corporation, a Delaware corporation and wholly-owned Subsidiary of OPC (“CRC”). OPC and CRC are also referred to in this Agreement individually as a “Party” and collectively as the “Parties.” Capitalized terms used herein not otherwise defined shall have the respective meanings assigned to them in Section 2.1.

CONTRACTORS’ AGREEMENT LONG BEACH UNIT WILMINGTON OIL FIELD, CALIFORNIA
Contractors’ Agreement • August 20th, 2014 • California Resources Corp • Crude petroleum & natural gas
AGREEMENT FOR IMPLEMENTATION OF AN OPTIMIZED WATERFLOOD PROGRAM FOR THE LONG BEACH UNIT
Agreement for Implementation of an Optimized Waterflood Program • August 20th, 2014 • California Resources Corp • Crude petroleum & natural gas • California

THIS AGREEMENT FOR IMPLEMENTATION OF AN OPTIMIZED WATERFLOOD PROGRAM FOR THE LONG BEACH UNIT (this “Agreement”) is made and entered into as of the 5th day of November, 1991, by and among the State of California (the “State”), by and through the State Lands Commission (the “SLC”), the City of Long Beach (the “City”), Atlantic Richfield Company, a Delaware corporation (“ARCO”), and ARCO Long Beach, Inc., a Delaware corporation and a wholly owned subsidiary of ARCO (“ALBI”). ARCO and ALBI are collectively referred to herein as the “ARCO Parties,” and the State, by and through the SLC, the City and the ARCO Parties are collectively referred to herein as the “Parties.”

AMENDMENT TO THE AGREEMENT FOR IMPLEMENTATION OF AN OPTIMIZED WATERFLOOD PROGRAM FOR THE LONG BEACH UNIT
Agreement for Implementation of an Optimized Waterflood Program • August 20th, 2014 • California Resources Corp • Crude petroleum & natural gas

THIS AMENDMENT TO THE AGREEMENT FOR IMPLEMENTATION OF AN OPTIMIZED WATERFLOOD PROGRAM FOR THE LONG BEACH UNIT (this “Amendment”) is made and entered into as of the 16 day of January, 2009, by and among the State of California (the “State”), by and through the State Lands Commission ( the “SLC”), the City of Long Beach (the “City”), and Oxy Long Beach, Inc. (“OLBI”), collectively referred to herein as the “Parties.”

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