RESOLUTE ENERGY CORPORATION FORM OF STOCK OPTION AGREEMENT (Incentive Stock Option)Stock Option Agreement • May 11th, 2015 • Resolute Energy Corp • Crude petroleum & natural gas • Delaware
This Stock Option Agreement (Incentive (this “Agreement”) between RESOLUTE ENERGY CORPORATION (the “Corporation”) and (“Participant”) is dated as of (the “Date of Grant”).
RESOLUTE ENERGY CORPORATION FORM OF PERFORMANCE CASH INCENTIVE AWARD AGREEMENT (Officers and Senior Employees)Incentive Award Agreement • May 11th, 2015 • Resolute Energy Corp • Crude petroleum & natural gas • Delaware
Calculation of the Performance Cash Amount accrued pursuant to the table above shall be based on a ratchet, so that once a particular level of Closing Price Average has been attained, (i) in no event shall the Performance Cash Amount accrued as a result of attaining such level be decreased, irrespective of any future decreases in Closing Price Average, and (ii) any higher level of Closing Price Average subsequently attained shall result in an incremental amount of accrued Performance Cash Amount, such incremental Performance Cash Amount being equal to the difference between (A) the Performance Cash Amount accrued as a result of the attainment of such higher level of Closing Price Average, less (B) the Performance Cash Amount that was accrued (whether or not actually paid) immediately prior to attaining such higher level of Closing Price Average.
