SEPARATION AGREEMENT, GENERAL RELEASE OF CLAIMS AND WAIVERSeparation Agreement • December 21st, 2015 • Yuma Energy, Inc. • Crude petroleum & natural gas • Texas
The following shall evidence the agreement between Yuma Energy, Inc., its subsidiaries and affiliates (“Yuma” or “Company”) and Kirk F. Sprunger (“Employee”) (Yuma and Employee are sometimes collectively referred to herein as the “Parties”) for the termination of that certain Employment Agreement entered into between the Parties on June 1, 2012 (the “Employment Agreement”). This Agreement will become effective when signed by the Parties (“Effective Date”).
