EMPLOYMENT AGREEMENT BETWEEN TETON ENERGY CORPORATION And Bill I. Pennington (Executive)Employment Agreement • July 21st, 2006 • Teton Energy Corp • Drilling oil & gas wells • Delaware
THIS EMPLOYMENT AGREEMENT (this “Agreement”), dated as of June 1, 2006, (the “Effective Date”) is entered into by and between Teton Energy Corporation, a Delaware corporation (the “Company”), and Bill I. Pennington, an individual with an address at 27 Brookhaven Trail, Columbine Valley, CO 80123, (the “Executive”) (collectively, the “Parties,” individually, a “Party”).
