SEPARATION AND RELEASE AGREEMENTSeparation and Release Agreement • May 11th, 2020 • Kosmos Energy Ltd. • Crude petroleum & natural gas • Texas
Contract Type FiledMay 11th, 2020 Company Industry Jurisdiction• Separation and Release Agreement and Severance Benefit: By this Separation and Release Agreement (the “Agreement”), Kosmos Energy, LLC (“Kosmos”) offers you (i) severance pay equal to $802,912.90, subject to applicable taxes and withholdings; and (ii) 18 months of paid outplacement services provided by a third-party provider selected by Kosmos in its sole discretion (collectively, the “Severance Benefit”). If you (i) timely sign without modification and do not revoke the Agreement, and (ii) return all Kosmos property in your possession, Kosmos will pay the Severance Benefit in a lump-sum within ten business days after the Effective Date (as defined below).