0001104659-20-033704 Sample Contracts

March 13, 2020 Jeffrey D. Smith
Employment Agreement • March 16th, 2020 • ProPetro Holding Corp. • Oil & gas field services, nec
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Re: Participation Agreement – ProPetro Services, Inc. Executive Severance Plan
ProPetro Holding Corp. • March 16th, 2020 • Oil & gas field services, nec

We are pleased to inform you that you have been designated as eligible to participate in the ProPetro Services, Inc. Executive Severance Plan (as it may be amended from time to time, the “Plan”) [as a Tier [1 // 2 // 3] Executive]. Pursuant to your participation in the Plan, you are eligible to receive certain payments upon a Qualifying Termination, your death, or your Disability.

SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • March 16th, 2020 • ProPetro Holding Corp. • Oil & gas field services, nec • Texas

This SEPARATION AGREEMENT AND RELEASE (this “Agreement”) is entered into by and between ProPetro Holding Corp., a Delaware corporation (the “Company”), and Dale Redman (“Redman”). Redman and the Company are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”

Re: Participation Agreement – ProPetro Services, Inc. Executive Severance Plan
ProPetro Holding Corp. • March 16th, 2020 • Oil & gas field services, nec

We are pleased to inform you that you have been designated as eligible to participate in the ProPetro Services, Inc. Executive Severance Plan (as it may be amended from time to time, the “Plan”) as a Tier 1 Executive. Pursuant to your participation in the Plan, you are eligible to receive certain payments upon a Qualifying Termination, your death, or your Disability.

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