Termination of Employment Agreement and General Release Sample Contracts

AGREEMENT CONCERNING TERMINATION OF EMPLOYMENT AGREEMENT AND GENERAL RELEASE
Termination of Employment Agreement and General Release • May 13th, 2014 • GeoMet, Inc. • Crude petroleum & natural gas • Texas

This Agreement Concerning Termination of Employment Agreement and General Release (this “Agreement”) is entered into by and between GeoMet, Inc., a Delaware corporation (the “Company”), and William C. Rankin (“Employee”), contingent upon the closing of the transaction contemplated by the Asset Purchase Agreement among the Company, GeoMet Operating Company, Inc., and GeoMet Gathering Company, LLC, as sellers, and ARP Mountaineer Production, LLC, as buyer, and Atlas Resource Partners, L.P. (the “Asset Purchase Agreement”). The Company and Employee are sometimes referred to collectively in this Agreement as the “Parties” and individually as a “Party.”

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