Executive Claims Settlement Agreement Sample Contracts

EXECUTIVE CLAIMS SETTLEMENT AGREEMENT
Executive Claims Settlement Agreement • December 14th, 2016 • Stone Energy Corp • Crude petroleum & natural gas • Louisiana

This EXECUTIVE CLAIMS SETTLEMENT AGREEMENT (including all exhibits attached hereto, and as may be amended, supplemented or modified in accordance with the terms hereof, this “Agreement”) is entered into as of December 13, 2016 and effective as of the Effective Date (as defined below), by and among, STONE ENERGY CORPORATION, a Delaware corporation, with its principal office located at 625 East Kaliste Saloom Road, Lafayette, Louisiana 70508 (the “Company”) and David Welch, Kenneth Beer, Lisa Jaubert, John Leonard, Eldon J. Louviere, Keith Seilhan, Richard Toothman, Thomas Messonnier, and Florence Ziegler (each, a “Senior Executive” and, collectively, the “Senior Executives” and together with the Company, each a “Party” and, collectively, the “Parties”).

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