April 18, 2018 Mark E. EllisSeparation Agreement • August 8th, 2018 • Linn Energy, Inc. • Crude petroleum & natural gas
This letter (this “Separation Agreement”) will confirm our agreement relating to the terms of your remaining employment with Linn Energy, Inc. (“Linn Energy”), Linn Operating LLC (“Linn Operating” and, together with Linn Energy, the “Linn Parties”), and their respective affiliates and successors (collectively, with the Linn Parties, the “Linn Group”). Capitalized terms not defined herein will have the respective meanings ascribed to them in the Second Amended and Restated Employment Agreement by and among you and the Linn Parties, dated as of February 28, 2017 (the “Employment Agreement”).
April 19, 2018 David B. RottinoChange in Control Waiver; Conversion and Related Indemnity; Existing and Go-Forward Equity Arrangements • August 8th, 2018 • Linn Energy, Inc. • Crude petroleum & natural gas
This letter (this “Agreement”) will confirm our agreement relating to the terms of your equity awards issued in connection with your employment with Linn Energy, Inc. (“Linn Energy”) and its affiliates and successors (collectively, with Linn Energy, the “Linn Group”) and certain related issues with respect to the contemplated Spinoff (which, for purposes hereof, means any distribution by Linn Energy (or any successor or entity that, after the date of this Agreement, becomes the owner of 100% of Linn Energy) to its stockholders of the equity securities of an entity that conducts, or holds an interest in the entity that conducts, any of the three businesses described under “Strategic Plan to Separate into Three Companies” in Item 1 of Linn Energy’s Form 10-K filed for the year ended December 31, 2017).
