0001193125-08-123603 Sample Contracts

SETTLEMENT AGREEMENT
Settlement Agreement • May 28th, 2008 • Vaalco Energy Inc /De/ • Crude petroleum & natural gas • Delaware

This Settlement Agreement, dated as of May 23, 2008 (the “Agreement”), is by and among VAALCO Energy, Inc. (the “Company”), and Nanes Delorme Partners I LP (“Nanes Delorme”), Nanes Balkany Partners LLC, Nanes Balkany Management LLC, Julien Balkany and Daryl Nanes (each, a “Nanes Party,” and collectively, the “Nanes Parties”).

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