Suite 1200, 888 Dunsmuir Street Vancouver, BC V6C 3K4 Tel: (604) 629-2991Agreement to Continue Employment • February 16th, 2016 • Lynden Energy Corp. • Crude petroleum & natural gas
Contract Type FiledFebruary 16th, 2016 Company IndustryAs you know, Lynden Energy Corp. (“Lynden”) may undertake a plan of arrangement which, if completed, will result in a change of control of Lynden (the “Arrangement”). In order to complete the Arrangement if it proceeds, Lynden will need you to continue as its chief financial officer. To entice you to continue in such position until the date on which the Arrangement is effected (the “Effective Date”) and to provide reasonable assistance in the transition to new management of Lynden for a period of 90 days following the Effective Date, Lynden proposes to pay to your company, Timeout Holdings Inc., the sum of CDN$25,000 (the “Final Payment”) plus GST. The Final Payment will be in addition to your current remuneration. Lynden agrees to pay the Final Payment to you by the business day immediately preceding the Effective Date provided that you: