U.s. Executive Severance Plan Participation Agreement Sample Contracts

NEWPARK RESOURCES, INC. PARTICIPATION AGREEMENT
u.s. Executive Severance Plan Participation Agreement • August 2nd, 2023 • Newpark Resources Inc • Oil & gas field machinery & equipment • Delaware

This Participation Agreement (this “Agreement”) is entered into by and between Newpark Resources, Inc., a Delaware corporation (the “Company”), and the undersigned (the “Participant”), effective as of the date set forth below, pursuant to the Newpark Resources, Inc. U.S. Executive Severance Plan, adopted effective as of August 11, 2020, as it may be amended from time to time (the “Plan”), in accordance with the terms and conditions of the Plan. Capitalized terms not defined in this Agreement shall have the meaning ascribed to them in the Plan.

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NEWPARK RESOURCES, INC. PARTICIPATION AGREEMENT
u.s. Executive Severance Plan Participation Agreement • August 2nd, 2023 • Newpark Resources Inc • Oil & gas field machinery & equipment • Louisiana

This Participation Agreement (this “Agreement”) is entered into by and between Newpark Resources, Inc., a Delaware corporation (the “Company”), and the undersigned (the “Participant”), effective as of the date set forth below, pursuant to the Newpark Resources, Inc. U.S. Executive Severance Plan, adopted effective as of August 11, 2020, as it may be amended from time to time (the “Plan”), in accordance with the terms and conditions of the Plan. Capitalized terms not defined in this Agreement shall have the meaning ascribed to them in the Plan.

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