AGREEMENTAgreement • September 10th, 2018 • Pedevco Corp • Crude petroleum & natural gas • Texas
THIS AGREEMENT is made effective as of September 6, 2018 (the “Effective Date”), by and Global Venture Investments Inc. (“GVEST” or “Consultant”), a Washington corporation, and Pacific Energy Development Corp. (“Company”).
SEPARATION AND GENERAL RELEASE AGREEMENTSeparation and General Release Agreement • September 10th, 2018 • Pedevco Corp • Crude petroleum & natural gas • California
This Release Agreement is given in consideration of the Severance Benefits described below. I understand the Severance Benefits are additional benefits for which I am not eligible unless I elect to sign this Agreement. I agree that this Agreement is not given in return for the payment of any wages undisputedly due or owing. I also understand and agree that I will not be entitled to such consideration if I accept an offer with PEDEVCO or with an affiliated or related Company or a successor to PEDEVCO or any of its affiliated or related Companies prior to the payment of such Severance Benefits.
