Re: Participation Agreement – ProPetro Services, Inc. Executive Severance PlanParticipation Agreement • March 16th, 2020 • ProPetro Holding Corp. • 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.
March 13, 2020 Jeffrey D. SmithTransition Agreement • March 16th, 2020 • ProPetro Holding Corp. • Oil & gas field services, nec
SEPARATION AGREEMENT AND RELEASESeparation Agreement • 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 PlanParticipation Agreement • March 16th, 2020 • ProPetro Holding Corp. • 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.
