AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • February 24th, 2023 • California Resources Corp • Crude petroleum & natural gas
This Amended and Restated Employment Agreement (“Agreement”) is made and entered into by and between California Resources Corporation, a Delaware corporation (the “Company”), and Francisco J. Leon (“Employee”) effective as of February 23, 2023 (the “Effective Date”).
CALIFORNIA RESOURCES CORPORATION Retention Bonus AgreementRetention Bonus Agreement • February 24th, 2023 • California Resources Corp • Crude petroleum & natural gas • California
In light of your importance to the continued success of California Resources Corporation (the “Company”) and to provide you with an incentive to remain with the Company, the Company will provide you with the grant of a cash retention bonus in the aggregate amount of $xxx,xxx (your “Retention Bonus”), subject to the terms and conditions of this Retention Bonus Agreement (this “Agreement”). This Agreement shall be effective as of [●], 2023 (the “Grant Date”).
