0001193125-16-484243 Sample Contracts

SECOND AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • February 29th, 2016 • Ultra Petroleum Corp • Crude petroleum & natural gas

THIS SECOND AMENDMENT TO EMPLOYMENT AGREEMENT (this “Amendment”) is made and entered into by and between Michael D. Watford (“Watford”). Ultra Petroleum Corp., a Yukon corporation and each of the Company’s subsidiaries, including: UP Energy Corporation and Ultra Resources, Inc. (the “Company”), dated as of February 24, 2016 effective as of February 16, 2016 for purposes of amending that certain employment agreement by and between Watford and the Company, dated February 1, 2007 (the “Employment Agreement”). Terms used in this Amendment with initial capital letters that are not otherwise defined herein shall have the meanings ascribed to such terms in the Employment Agreement.

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