EMPLOYMENT AGREEMENTEmployment Agreement • November 14th, 2014 • Yuma Energy, Inc. • Crude petroleum & natural gas • Texas
This Agreement shall become effective as of October 15, 2014. This Agreement shall continue in full force and effect for a primary period of two (2) years (the “Initial Term”), unless terminated pursuant to Article V of this Agreement. At the end of the Initial Term, the Agreement will be automatically extended for subsequent monthly periods (“Renewal Terms”) unless and until terminated pursuant to Article V. The period during which Employee is employed under this Agreement (including any Renewal Terms) will be referred to as the “Employment Period”.
