FORM OF PARTICIPATION AGREEMENTParticipation Agreement • October 26th, 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. Second Amended and Restated 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 RELEASESeparation Agreement • October 26th, 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 Darin G. Holderness (“Holderness”). Holderness and the Company are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”
