<SEC-DOCUMENT>0000894627-16-000109.txt : 20160811
<SEC-HEADER>0000894627-16-000109.hdr.sgml : 20160811
<ACCEPTANCE-DATETIME>20160811172528
ACCESSION NUMBER:		0000894627-16-000109
CONFORMED SUBMISSION TYPE:	8-K/A
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20160811
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20160811
DATE AS OF CHANGE:		20160811

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VAALCO ENERGY INC /DE/
		CENTRAL INDEX KEY:			0000894627
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				760274813
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32167
		FILM NUMBER:		161825545

	BUSINESS ADDRESS:	
		STREET 1:		9800 RICHMOND AVE.
		STREET 2:		SUITE 700
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77042
		BUSINESS PHONE:		713-499-1465

	MAIL ADDRESS:	
		STREET 1:		9800 RICHMOND AVE.
		STREET 2:		SUITE 700
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77042
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K/A
<SEQUENCE>1
<FILENAME>egy-20160811x8ka.htm
<DESCRIPTION>8-K/A
<TEXT>
<!--HTML document created with Certent Disclosure Management 6.1.2.6-->
<!--Created on: 8/11/2016 4:23:44 PM-->
<html>
	<head>
		<title>
			Form 8-K-A
		</title>
	</head>
	<body><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:0pt;border-bottom:1pt solid #000000 ;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<a name="_GoBack"></a><font style="display: inline;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:4pt 0pt 0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 18pt">
			<font style="display: inline;font-weight:bold;color:#000000;font-size:18pt;">UNITED STATES </font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 18pt">
			<font style="display: inline;font-weight:bold;color:#000000;font-size:18pt;">SECURITIES AND EXCHANGE COMMISSION </font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;font-weight:bold;color:#000000;">Washington, D.C. 20549 </font><font style="display: inline;color:#000000;">&nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 2pt;border-bottom:1pt solid #000000 ;text-align:center;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;color:#000000;">&nbsp; &nbsp;</font>
		</p>
		<p style="margin:12pt 0pt 0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 18pt">
			<font style="display: inline;font-weight:bold;color:#000000;font-size:18pt;">FORM 8-K</font><font style="display: inline;font-weight:bold;color:#000000;font-size:18pt;">/A</font>
		</p>
		<p style="margin:12pt 0pt 0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;font-weight:bold;color:#000000;">(Amendment No. 1)</font>
		</p>
		<p style="margin:0pt 0pt 2pt;border-bottom:1pt solid #000000 ;text-align:center;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;color:#000000;">&nbsp; &nbsp;</font>
		</p>
		<p style="margin:12pt 0pt 0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;font-weight:bold;color:#000000;">CURRENT REPORT </font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;font-weight:bold;color:#000000;">Pursuant to Section&nbsp;13 or 15(d) </font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;font-weight:bold;color:#000000;">of the Securities Exchange Act of 1934 </font>
		</p>
		<p style="margin:12pt 0pt 0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;font-weight:bold;color:#000000;">Date of Report (Date of earliest event reported): </font><font style="display: inline;font-weight:bold;color:#000000;">July 28</font><font style="display: inline;font-weight:bold;color:#000000;">, 2016</font><font style="display: inline;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;color:#000000;">&nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 2pt;border-bottom:1pt solid #000000 ;text-align:center;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;color:#000000;">&nbsp; &nbsp;</font>
		</p>
		<p style="margin:12pt 0pt 0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 24pt">
			<font style="display: inline;font-weight:bold;color:#000000;font-size:24pt;">VAALCO Energy, Inc. </font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;font-weight:bold;color:#000000;font-size:10pt;">(Exact name of registrant as specified in its charter) </font><font style="display: inline;color:#000000;">&nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 2pt;border-bottom:1pt solid #000000 ;text-align:center;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;color:#000000;">&nbsp; &nbsp;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="middle" style="width:34.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:04.70pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:32.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:32.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="width:34.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 1pt">
						<font style="display: inline;color:#000000;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:04.70pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:32.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:32.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="width:34.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 12pt">
						<font style="display: inline;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td valign="bottom" style="width:04.70pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 12pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:32.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 12pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:01.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 12pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="middle" style="width:32.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 12pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:159.10pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 8pt">
						<font style="display: inline;font-weight:bold;color:#000000;font-size:8pt;">Delaware</font></p>
				</td>
				<td valign="bottom" style="width:04.70pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 8pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:149.75pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 8pt">
						<font style="display: inline;font-weight:bold;color:#000000;font-size:8pt;">001-32167</font></p>
				</td>
				<td valign="bottom" style="width:04.70pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 8pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:149.75pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 8pt">
						<font style="display: inline;font-weight:bold;color:#000000;font-size:8pt;">76-0274813</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:159.10pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 8pt">
						<font style="display: inline;font-weight:bold;color:#000000;font-size:8pt;">(State or other jurisdiction</font></p>
					<p style="margin:0pt 0pt 1pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 8pt">
						<font style="display: inline;font-weight:bold;color:#000000;font-size:8pt;">of incorporation)</font></p>
				</td>
				<td valign="bottom" style="width:04.70pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 8pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:149.75pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 8pt">
						<font style="display: inline;font-weight:bold;color:#000000;font-size:8pt;">(Commission</font></p>
					<p style="margin:0pt 0pt 1pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 8pt">
						<font style="display: inline;font-weight:bold;color:#000000;font-size:8pt;">File Number)</font></p>
				</td>
				<td valign="bottom" style="width:04.70pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 8pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:149.75pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 8pt">
						<font style="display: inline;font-weight:bold;color:#000000;font-size:8pt;">(IRS Employer</font></p>
					<p style="margin:0pt 0pt 1pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 8pt">
						<font style="display: inline;font-weight:bold;color:#000000;font-size:8pt;">Identification No.)</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="3" valign="middle" style="width:313.55pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:12.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 8pt">
						<font style="display: inline;color:#000000;font-size:8pt;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="middle" style="width:154.45pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:12.00pt;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="3" valign="top" style="width:313.55pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt 0pt 1pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 8pt">
						<font style="display: inline;font-weight:bold;color:#000000;font-size:8pt;">9800 Richmond Avenue, Suite 700</font></p>
					<p style="margin:0pt 0pt 1pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 8pt">
						<font style="display: inline;font-weight:bold;color:#000000;font-size:8pt;">Houston, Texas</font></p>
				</td>
				<td valign="bottom" style="width:04.70pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 8pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="bottom" style="width:149.75pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 8pt">
						<font style="display: inline;font-weight:bold;color:#000000;font-size:8pt;">77042</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="3" valign="top" style="width:313.55pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 8pt">
						<font style="display: inline;font-weight:bold;color:#000000;font-size:8pt;">(Address of principal executive offices)</font></p>
				</td>
				<td valign="bottom" style="width:04.70pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 8pt">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:149.75pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 8pt">
						<font style="display: inline;font-weight:bold;color:#000000;font-size:8pt;">(Zip Code)</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 8pt">
			<font style="display: inline;color:#000000;font-size:8pt;">&#xFEFF; &nbsp;</font>
		</p>
		<p style="margin:12pt 0pt 0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 8pt">
			<font style="display: inline;font-weight:bold;color:#000000;font-size:8pt;">Registrant&#x2019;s telephone number, including area code: (713)&nbsp;623-0801 </font>
		</p>
		<p style="margin:6pt 0pt 0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 8pt">
			<font style="display: inline;font-weight:bold;color:#000000;font-size:8pt;">Not Applicable </font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 8pt">
			<font style="display: inline;font-weight:bold;color:#000000;font-size:8pt;">(Former Name or former address if changed since last report.) </font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;color:#000000;">&nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 2pt;border-bottom:1pt solid #000000 ;text-align:center;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;color:#000000;">&nbsp; &nbsp;</font>
		</p>
		<p style="margin:12pt 0pt 0pt;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 6pt">
			<font style="display: inline;color:#000000;font-size:6pt;">&nbsp; &nbsp;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:04.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 10pt">
						<font style="display: inline;font-family:MS Mincho;color:#000000;font-size:10pt;">&#x2610;</font></p>
				</td>
				<td valign="top" style="width:00.30pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 10pt">
						<font style="display: inline;color:#000000;font-size:10pt;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 6pt">
			<font style="display: inline;color:#000000;font-size:6pt;">&nbsp; &nbsp;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:04.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 10pt">
						<font style="display: inline;font-family:MS Mincho;color:#000000;font-size:10pt;">&#x2610;</font></p>
				</td>
				<td valign="top" style="width:00.30pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 10pt">
						<font style="display: inline;color:#000000;font-size:10pt;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 6pt">
			<font style="display: inline;color:#000000;font-size:6pt;">&nbsp; &nbsp;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:04.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 10pt">
						<font style="display: inline;font-family:MS Mincho;color:#000000;font-size:10pt;">&#x2610;</font></p>
				</td>
				<td valign="top" style="width:00.30pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 10pt">
						<font style="display: inline;color:#000000;font-size:10pt;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 6pt">
			<font style="display: inline;color:#000000;font-size:6pt;">&nbsp; &nbsp;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:04.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 10pt">
						<font style="display: inline;font-family:MS Mincho;color:#000000;font-size:10pt;">&#x2610;</font></p>
				</td>
				<td valign="top" style="width:96.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 10pt">
						<font style="display: inline;color:#000000;font-size:10pt;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 12pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;text-align:center;font-family:Times New Roman;color:#000000;;font-size: 10pt"><font style="display: inline;font-weight:bold;font-size:10pt;">Explanatory Note</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">This Amendment No. 1 on Form 8-K/A (the &#x201C;Amended 8-K&#x201D;) amends and supplements the Current Report on Form 8-K filed by VAALCO Energy, Inc. (the &#x201C;Company&#x201D;) on August 1, 2016 (the &#x201C;Original 8-K&#x201D;) to provide additional disclosure below required by Item 5.02 and to disclose that the Company entered into a Change in Control Agreement with Ms. Elizabeth Prochnow on August 10, 2016.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">Item 1.01 </font><font style="display: inline;font-weight:bold;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;">Entry into a Material Definitive Agreement.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">The information regarding the Change in Control Agreement entered into with Ms. Prochnow set forth in Item 5.02 of this Amended 8-K is incorporated into this Item 1.01 by reference.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">Item 5.02 </font><font style="display: inline;font-weight:bold;font-size:10pt;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;">Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">On July 28, 2016, Steven P. Guidry notified</font><font style="display: inline;color:#000000;font-size:10pt;background-color: #FFFFFF;"> the Company&nbsp;of his resignation as Chief Executive Officer and as a director of the Company,&nbsp;effective September 1, 2016.&nbsp; Mr. Guidry&#x2019;s resignation was not related to any </font><font style="display: inline;color:#000000;font-size:10pt;">disagreement with the Company on any matter relating to the Company&#x2019;s operations, policies or practices</font><font style="display: inline;color:#000000;font-size:10pt;background-color: #FFFFFF;">.&nbsp;</font><font style="display: inline;color:#000000;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;background-color: #FFFFFF;">&#xFEFF;</font><font style="display: inline;color:#000000;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;background-color: #FFFFFF;">On August 1, 2016, the Company&#x2019;s Board of Directors (the &#x201C;Board&#x201D;) appointed Cary Bounds, the Company&#x2019;s Chief Operating Officer, as Interim Chief Executive Officer effective September 1, 2106, to serve until a permanent Chief Executive Officer can be identified. Mr. Bounds will not receive any additional compensation in connection with his additional role as Interim Chief Executive Officer and will continue to also serve as Chief Operating Officer during his interim appointment. &nbsp;</font><font style="display: inline;color:#000000;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;background-color: #FFFFFF;">Mr. Bounds, age 48, has served as the Company&#x2019;s Chief Operating Officer since June 2015. Prior to joining the Company, Mr. Bounds most recently served as Noble Energy, Inc.&#x2019;s (NYSE: NBL) Business Unit Manager and Vice President Noble Energy EG with responsibility for Noble&#x2019;s operations in Equatorial Guinea from May 2013 to June 2015. Prior to that, he served as Noble&#x2019;s Country Manager, North Sea from April 2010 to May 2013. Prior to Noble, Mr. Bounds was the Engineering and Planning Manager, Worldwide for Terralliance Technologies, Inc. from 2007 to 2010 and served as their Country Manager in Mozambique from 2007 to 2010.&nbsp;&nbsp;From 2004 to 2007, Mr. Bounds held positions with SM Energy Co. (NYSE: SM) as Engineering Manager for their Gulf Coast and Permian assets and he worked in corporate development, planning and reservoir engineering positions for Dominion E&amp;P. Mr. Bounds began his career at ConocoPhillips (NYSE: COP) in 1991 in reservoir and production engineering. Mr. Bounds holds a Bachelor of Science in Petroleum Engineering from Texas A&amp;M University.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;background-color: #FFFFFF;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;background-color: #FFFFFF;">There are no understandings or arrangements between Mr. Bounds and any other person pursuant to which he was selected to serve as the Interim Chief Executive Officer of the Company. There are no relationships between Mr. Bounds and the Company or any of its subsidiaries that would require disclosure pursuant to Item 404(a) of Regulation S-K of the Securities Exchange Act of 1934, as amended.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;background-color: #FFFFFF;">&#xFEFF;On August 1, 2016, the Board also designated Elizabeth Prochnow, the Company&#x2019;s Controller and Chief Accounting Officer, as the Company&#x2019;s Principal Financial Officer. Ms. Prochnow will not receive any additional compensation in connection with her additional role as Principal Financial Officer.&nbsp;&nbsp; </font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;background-color: #FFFFFF;">&#xFEFF;</font><font style="display: inline;color:#000000;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Ms. Prochnow, age 57, has served as the Company&#x2019;s Controller and Chief Accounting Officer since April 2016. Prior to joining the Company, Ms. Prochnow most recently served as Controller and Chief Accounting Officer for Total Safety, U.S., Inc. from August 2014 to March 2015. Prior to that, she served as a director of Carrtegra, LLC, a financial advisory consulting firm, from June 2013 to August 2014 and as Executive Vice President, Chief Financial Officer of Sterling Construction Company, Inc. (Nasdaq: STRL) from November 2011 to May 2013. Before beginning with Sterling in February 2011, Ms. Prochnow was Vice President, Finance and Chief Financial Officer of Bristow Group Inc. (NYSE: BRS) from May 2009 to June 2010 and Vice President, Chief Accounting Officer and Controller from 2005 to 2009. From 1997 to 2005, Ms. Prochnow served in positions of increasing responsibility at MAXXAM Inc., ultimately as the company&#x2019;s Vice President and Controller. Before MAXXAM, Ms. Prochnow served as the Controller and Chief Accounting Officer of GulfMark Offshore, Inc. (formerly GulfMark International, Inc. (NYSE:GLF)) from 1990 to 1996. Ms. Prochnow began her career as a public </font>
		</p>
		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;;font-size: 10pt"><font style="display: inline;font-size:10pt;">accountant at Arthur Anderson LLP in 1981. Ms. Prochnow holds a Bachelor of Arts and a Masters of Accounting from Rice University and is a certified public accountant in the State of Texas.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">There are no understandings or arrangements between Ms. Prochnow and any other person pursuant to which Ms. Prochnow was selected to serve as the Principal Financial Officer of the Company. There are no relationships between Ms. Prochnow and the Company or any of its subsidiaries that would require disclosure pursuant to Item 404(a) of Regulation S-K of the Securities Exchange Act of 1934, as amended.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">On August 10, 2016, </font><font style="display: inline;color:#000000;font-size:10pt;background-color: #FFFFFF;">the Company entered into a change in control agreement with Ms. Prochnow (the &#x201C;Change in Control Agreement&#x201D;). The term of the Change in Control Agreement ends on March 31, 2017, subject to earlier termination upon notice or certain other conditions.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;background-color: #FFFFFF;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;background-color: #FFFFFF;">The Change in Control Agreement provides Ms. Prochnow with certain severance benefits if her employment is terminated in connection with a Change in Control (as defined in the Change in Control Agreement). Specifically, if Ms. Prochnow&#x2019;s employment is terminated by the Company without Cause, by Ms. Prochnow for Good Reason, or due to Ms. Prochnow&#x2019;s death or disability, in each case within six months following a Change in Control, then the Company shall provide Ms. Prochnow with a cash severance payment at least equal to seventy-five percent (75%) of her annual base salary then in effect as well as continued group health plan coverage for a period of three months following such termination, as applicable.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;background-color: #FFFFFF;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;background-color: #FFFFFF;">The summary herein is qualified in its entirety by reference to Ms. Prochnow&#x2019;s Change in Control Agreement, a copy of which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;color:#000000;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;font-size:10pt;">Item 7.01 Regulation FD.&nbsp;</font><font style="display: inline;color:#000000;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">On August&nbsp;3, 2016, the Company issued a press release announcing the resignation of Steven P. Guidry as Chief Executive Officer and the appointment of Cary Bounds, the Company&#x2019;s Chief Operating Officer, as Interim Chief Executive Officer. A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference. </font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">The information set forth in the attached Exhibit 99.1 shall not be deemed &#x201C;filed&#x201D; for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the &#x201C;Exchange Act&#x201D;), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. </font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;font-size:10pt;">Item 9.01 </font><font style="display: inline;font-weight:bold;color:#000000;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;color:#000000;font-size:10pt;">Financial Statements and Exhibits.</font><font style="display: inline;color:#000000;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">(d) Exhibits. </font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:1.3pt;">
			<tr>
				<td colspan="2" valign="top" style="width:81.90pt;padding:0pt 7.8pt 0pt 7.8pt;height:1.00pt">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;height:1.00pt;overflow:hidden;font-size: 12pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="top" style="width:396.90pt;padding:0pt 7.8pt 0pt 7.8pt;height:1.00pt">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="width:81.90pt;padding:0pt 7.8pt 0pt 7.8pt;height:1.00pt">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 1pt">
						<font style="display: inline;color:#000000;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="top" style="width:396.90pt;padding:0pt 7.8pt 0pt 7.8pt;height:1.00pt">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="width:81.90pt;padding:0pt 7.8pt 0pt 7.8pt;">
					<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;font-size:10pt;">Exhibit Number</font></p>
				</td>
				<td colspan="2" valign="top" style="width:396.90pt;padding:0pt 7.8pt 0pt 7.8pt;">
					<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;font-size:10pt;">Description</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="width:81.90pt;padding:0pt 7.8pt 0pt 7.8pt;">
					<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
						<font style="display: inline;color:#000000;font-size:10pt;">10.1*</font></p>
				</td>
				<td colspan="2" valign="top" style="width:396.90pt;padding:0pt 7.8pt 0pt 7.8pt;">
					<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
						<font style="display: inline;color:#000000;font-size:10pt;">Change in Control Agreement between VAALCO Energy, Inc. and Elizabeth Prochnow, dated August 10, 2016</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="width:81.90pt;padding:0pt 9.4pt 0pt 9.4pt;">
					<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
						<font style="display: inline;color:#000000;font-size:10pt;">99.1</font></p>
				</td>
				<td colspan="2" valign="top" style="width:396.90pt;padding:0pt 9.4pt 0pt 9.4pt;">
					<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
						<font style="display: inline;color:#000000;font-size:10pt;">Press Release, dated August 3, 2016 (incorporated by reference from Exhibit 99.1 to the Company&#x2019;s Current Report on Form 8-K filed with the Securities and Exchange Commission on August 3, 2016)</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF; &nbsp;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 8pt">
			<font style="display: inline;color:#000000;font-size:8.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 8pt">
			<font style="display: inline;color:#000000;font-size:8.5pt;">*Indicates management contract or compensatory plan or arrangement.</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 8pt">
			<font style="display: inline;color:#000000;font-size:8.5pt;">&nbsp;</font>
		</p>
		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;;font-size: 8pt"><font style="display: inline;color:#000000;font-size:8.5pt;"></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;font-size:10pt;">SIGNATURE</font><font style="display: inline;color:#000000;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;font-size:10pt;">&#xFEFF;</font><font style="display: inline;color:#000000;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">&#xFEFF; &nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">&#xFEFF; &nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 180pt;text-indent:36pt;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;font-size:10pt;">VAALCO Energy, Inc.</font><font style="display: inline;color:#000000;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 180pt;text-indent:36pt;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">(Registrant) </font>
		</p>
		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">&#xFEFF; &nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">&#xFEFF; &nbsp;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">Date:&nbsp;&nbsp;August 11, 2016 </font><font style="display: inline;color:#000000;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;color:#000000;font-size:10pt;"></font><font style="display: inline;color:#000000;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;color:#000000;font-size:10pt;"></font><font style="display: inline;color:#000000;font-size:10pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;color:#000000;font-size:10pt;"></font><font style="display: inline;color:#000000;font-size:10pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:18.5pt;"><font style="display: inline;color:#000000;font-size:10pt;">By:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:159.5pt;text-align:left"><font style="display: inline;color:#000000;font-size:10pt;"></font><font style="display: inline;color:#000000;font-size:10pt;text-decoration:underline;">/s/ Eric J. Christ</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;color:#000000;font-size:10pt;text-decoration:underline;"></font><font style="display: inline;color:#000000;font-size:10pt;">&nbsp;</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:5.5pt;"><font style="display: inline;color:#000000;font-size:10pt;">Name:&nbsp;</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;color:#000000;font-size:10pt;">Eric J. Christ </font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:12.5pt;"><font style="display: inline;color:#000000;font-size:10pt;">Title:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;color:#000000;font-size:10pt;">Vice President, General Counsel and Corporate Secretary </font></font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF; &nbsp;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 8pt">

		</p>
		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;;font-size: 8pt"><font style="display: inline;color:#000000;font-size:8.5pt;"></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:center;font-family:Times New Roman;color:#000000;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;font-size:10pt;">Exhibit Index</font><font style="display: inline;color:#000000;font-size:10pt;">&nbsp;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:86.40pt;padding:0pt 7.8pt 0pt 7.8pt;height:1.00pt">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;height:1.00pt;overflow:hidden;font-size: 12pt">
						<font style="display: inline;color:#000000;">8</font></p>
				</td>
				<td valign="top" style="width:392.40pt;padding:0pt 7.8pt 0pt 7.8pt;height:1.00pt">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:86.40pt;padding:0pt 7.8pt 0pt 7.8pt;height:1.00pt">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 1pt">
						<font style="display: inline;color:#000000;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:392.40pt;padding:0pt 7.8pt 0pt 7.8pt;height:1.00pt">
					<p style="margin:0pt;font-family:Times New Roman;color:#000000;overflow: hidden;font-size:0pt;">
						<font style="display: inline;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:86.40pt;padding:0pt 7.8pt 0pt 7.8pt;">
					<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;font-size:10pt;">Exhibit Number</font></p>
				</td>
				<td valign="top" style="width:392.40pt;padding:0pt 7.8pt 0pt 7.8pt;">
					<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;font-size:10pt;">Description</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF; &nbsp;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:1.3pt;">
			<tr>
				<td colspan="2" valign="top" style="width:81.90pt;padding:0pt 7.8pt 0pt 7.8pt;">
					<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
						<font style="display: inline;color:#000000;font-size:10pt;">10.1*</font></p>
				</td>
				<td colspan="2" valign="top" style="width:396.90pt;padding:0pt 7.8pt 0pt 7.8pt;">
					<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
						<font style="display: inline;color:#000000;font-size:10pt;">Change in Control Agreement between VAALCO Energy, Inc. and Elizabeth Prochnow, dated August 10, 2016</font></p>
				</td>
			</tr>
			<tr>
				<td colspan="2" valign="top" style="width:81.90pt;padding:0pt 9.4pt 0pt 9.4pt;">
					<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
						<font style="display: inline;color:#000000;font-size:10pt;">99.1</font></p>
				</td>
				<td colspan="2" valign="top" style="width:396.90pt;padding:0pt 9.4pt 0pt 9.4pt;">
					<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 10pt">
						<font style="display: inline;color:#000000;font-size:10pt;">Press Release, dated August 3, 2016 (incorporated by reference from Exhibit 99.1 to the Company&#x2019;s Current Report on Form 8-K filed with the Securities and Exchange Commission on August 3, 2016)</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF; &nbsp;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 8pt">
			<font style="display: inline;color:#000000;font-size:8.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 8pt">
			<font style="display: inline;color:#000000;font-size:8.5pt;">*Indicates management contract or compensatory plan or arrangement.</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;color:#000000;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr>
	</div></body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>egy-20160811xex10_1.htm
<DESCRIPTION>EX-10.1
<TEXT>
<!--HTML document created with Certent Disclosure Management 6.1.2.6-->
<!--Created on: 8/11/2016 4:23:51 PM-->
<html>
	<head>
		<title>
			Exhibit 10.1
		</title>
	</head>
	<body><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:0pt 0pt 14pt;text-align:center;font-weight:bold;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 14pt">
			<a name="_GoBack"></a><font style="display: inline;">CHANGE IN CONTROL</font><font style="display: inline;"> AGREEMENT</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">THIS </font><font style="display: inline;">CHANGE IN CONTROL</font><font style="display: inline;"> AGREEMENT (the &#x201C;</font><font style="display: inline;font-weight:bold;">Agreement</font><font style="display: inline;">&#x201D;), effective as of</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">August 10, 2016</font><font style="display: inline;"> (the &#x201C;</font><font style="display: inline;font-weight:bold;">Effective Date</font><font style="display: inline;">&#x201D;), </font><font style="display: inline;">is made and entered into </font><font style="display: inline;">by and between VAALCO Energy, Inc., a Delaware corporation (hereafter &#x201C;</font><font style="display: inline;font-weight:bold;">Company</font><font style="display: inline;">&#x201D;) and </font><font style="display: inline;">Elizabeth Prochnow</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">(hereafter &#x201C;</font><font style="display: inline;font-weight:bold;">Employee</font><font style="display: inline;">&#x201D;). The Company and </font><font style="display: inline;">Employee</font><font style="display: inline;"> may sometimes hereafter be referred to singularly as a &#x201C;</font><font style="display: inline;font-weight:bold;">Party</font><font style="display: inline;">&#x201D; or collectively as the &#x201C;</font><font style="display: inline;font-weight:bold;">Parties</font><font style="display: inline;">.&#x201D;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:center;font-weight:bold;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;text-decoration:underline;">W</font><font style="display: inline;">&nbsp;</font><font style="display: inline;text-decoration:underline;">I</font><font style="display: inline;">&nbsp;</font><font style="display: inline;text-decoration:underline;">T</font><font style="display: inline;">&nbsp;</font><font style="display: inline;text-decoration:underline;">N</font><font style="display: inline;">&nbsp;</font><font style="display: inline;text-decoration:underline;">E</font><font style="display: inline;">&nbsp;</font><font style="display: inline;text-decoration:underline;">S</font><font style="display: inline;">&nbsp;</font><font style="display: inline;text-decoration:underline;">S</font><font style="display: inline;">&nbsp;</font><font style="display: inline;text-decoration:underline;">E</font><font style="display: inline;">&nbsp;</font><font style="display: inline;text-decoration:underline;">T</font><font style="display: inline;">&nbsp;</font><font style="display: inline;text-decoration:underline;">H</font><font style="display: inline;">:</font>
		</p>
		<p style="margin:0pt 0pt 12pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">WHEREAS, the Company desires to </font><font style="display: inline;">provide certain benefits to Employee in the event of a termination of employment following a Change in Control (defined below) </font><font style="display: inline;">subject to the terms and conditions hereafter set forth; and</font>
		</p>
		<p style="margin:0pt 0pt 12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">WHEREAS, </font><font style="display: inline;">Employee</font><font style="display: inline;"> is willing to enter into this Agreement upon the terms and conditions hereafter set forth;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">NOW, THEREFORE, in consideration of the mutual promises, covenants and obligations contained herein, the Parties hereby agree as follows:</font>
		</p>
		<div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 100%;text-indent:0pt; display: inline;">
			<p style="text-align:center;font-weight:bold;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt;margin:0pt 0pt 12pt;width:100%">
				<font style="margin:0pt 0pt 12pt;font-family:Times New Roman;font-weight:bold;font-style:normal;text-transform:none;text-decoration:none;color:#000000;text-decoration:none;text-align:center;text-justify:inter-ideograph;font-size:12pt;;;padding:0pt 3pt 0pt 0pt;"> Article 1.</font>
			<br /><font style="display: inline;color:#000000;"></font><a name="_Ref365539746"></a><a name="_Ref365540354"></a><a name="_Ref365540478"></a><a name="_Toc409787755"></a><font style="display: inline;color:#000000;">RIGHTS AND PAYMENTS UPON TERMINATIO</font><font style="display: inline;color:#000000;">N FOLLOWING A CHANGE IN CONTROL</font><font style="display: inline;color:#000000;">.</font><a name="_Ref365540453"></a><a name="_Toc409787756"></a></p></td></tr></table></div><font style="display: inline;color:#000000;">1.1&nbsp;&nbsp;&nbsp; </font><font style="display: inline;color:#000000;">Rights and Payments</font>
		<p style="margin:0pt 0pt 12pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;"> &nbsp; &nbsp;</font><font style="display: inline;color:#000000;">Employee&#x2019;s</font><font style="display: inline;color:#000000;"> right to compensation and benefits for periods after the date on which </font><font style="display: inline;color:#000000;">her</font><font style="display: inline;color:#000000;"> employment terminates with the Company and all Affiliates (the &#x201C;Termination Date&#x201D;) shall be determined in accordance with this</font><font style="display: inline;color:#000000;"> Article </font><font style="display: inline;color:#000000;">1</font><font style="display: inline;color:#000000;">, as follows:</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<a name="_Ref365458285"></a><font style="display: inline;color:#000000;">(a)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;font-style:italic;color:#000000;">Minimum Payments</font><font style="display: inline;color:#000000;">.&nbsp; </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;"> shall be entitled to the following minimum payments under this </font><font style="display: inline;color:#000000;">Section</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">1</font><font style="display: inline;color:#000000;">.1(a)</font><font style="display: inline;color:#000000;">, in addition to any other payments or benefits to which </font><font style="display: inline;color:#000000;">she</font><font style="display: inline;color:#000000;"> is entitled to receive under the terms of this Agreement or any employee benefit plan or program:</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(i)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">her</font><font style="display: inline;color:#000000;"> accrued and unpaid </font><font style="display: inline;color:#000000;">b</font><font style="display: inline;color:#000000;">ase </font><font style="display: inline;color:#000000;">s</font><font style="display: inline;color:#000000;">alary through the Termination Date;</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(ii)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 21.6pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">her</font><font style="display: inline;color:#000000;"> accrued and unused vacation days through the Termination Date; and</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(iii)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">reimbursement of </font><font style="display: inline;color:#000000;">her</font><font style="display: inline;color:#000000;"> reasonable business expenses that were incurred but unpaid as of the Termination Date.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">Such salary and accrued vacation days shall be paid to </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;"> within five (5) Business Days following the Termination Date in a cash lump sum less applicable withholdings.&nbsp;&nbsp;Business expenses shall be reimbursed in accordance with the Company&#x2019;s normal policy and procedures.</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 14pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:394pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;text-align:left"><font style="display: inline;font-size:14pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:14pt;"></font></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 14pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:394pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;text-align:left"><font style="display: inline;font-size:14pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:14pt;"></font></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;font-size:14pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:8pt;"></font><font style="display: inline;"></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<a name="_Ref365540268"></a><a name="_Ref409181491"></a><font style="display: inline;color:#000000;">(b)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;font-style:italic;color:#000000;">Termination Benefit</font><font style="display: inline;font-style:italic;color:#000000;">s</font><font style="display: inline;font-style:italic;color:#000000;"> Upon a CIC Severance Payment Event</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;In the event that </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;"> incurs a </font><font style="display: inline;color:#000000;">CIC </font><font style="display: inline;color:#000000;">Severance Payment Event, the following severance benefits shall be provided to </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;"> hereunder or, in the event of </font><font style="display: inline;color:#000000;">her</font><font style="display: inline;color:#000000;"> death before receiving all such benefits, to </font><font style="display: inline;color:#000000;">her</font><font style="display: inline;color:#000000;"> Designated </font><font style="display: inline;color:#000000;">Beneficiary</font><font style="display: inline;color:#000000;"> following </font><font style="display: inline;color:#000000;">her</font><font style="display: inline;color:#000000;"> death:</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<a name="_Ref409787594"></a><font style="display: inline;color:#000000;">(i)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">Additional Payment.&nbsp;&nbsp;The Company shall pay to </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;"> as additional compensation (the &#x201C;Additional Payment&#x201D;), an amount equal to </font><font style="display: inline;color:#000000;">seventy-five</font><font style="display: inline;color:#000000;"> percent (</font><font style="display: inline;color:#000000;">75</font><font style="display: inline;color:#000000;">%)</font><font style="display: inline;color:#000000;"> of Employee&#x2019;s</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">annual base salary</font><font style="display: inline;color:#000000;"> as in effect as of</font><font style="display: inline;color:#000000;"> the Termination Date.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">T</font><font style="display: inline;color:#000000;">he Company shall make the Additional Payment to </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">over a </font><font style="display: inline;color:#000000;">nine</font><font style="display: inline;color:#000000;">-month</font><font style="display: inline;color:#000000;"> period </font><font style="display: inline;color:#000000;">in </font><font style="display: inline;color:#000000;">eighteen</font><font style="display: inline;color:#000000;">, substantially</font><font style="display: inline;color:#000000;"> equal bi-monthly payments </font><font style="display: inline;color:#000000;">that begin within twenty (20) days </font><font style="display: inline;color:#000000;">following the Termination Date</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;The payment of any Additional Payment shall be made </font><font style="display: inline;color:#000000;">in accordance with</font><font style="display: inline;color:#000000;">, and subject to,</font><font style="display: inline;color:#000000;"> the R</font><font style="display: inline;color:#000000;">elease requirements </font><font style="display: inline;color:#000000;">of</font><font style="display: inline;color:#000000;"> Section</font><font style="display: inline;color:#000000;"> 1.3</font><font style="display: inline;color:#000000;"> and the Company's standard payroll procedures</font><font style="display: inline;color:#000000;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">The Company </font><font style="display: inline;color:#000000;">shall delay payments pursuant to </font><font style="display: inline;color:#000000;">Section</font><font style="display: inline;color:#000000;"> 2.1</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">to the extent </font><font style="display: inline;color:#000000;">required to comply with the requirements of </font><font style="display: inline;color:#000000;">Code </font><font style="display: inline;color:#000000;">Section </font><font style="display: inline;color:#000000;">409A</font><font style="display: inline;color:#000000;">.</font><font style="display: inline;color:#000000;"> &nbsp;If </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;"> is a &#x201C;specified employee&#x201D; within the meaning of </font><font style="display: inline;color:#000000;">Code </font><font style="display: inline;color:#000000;">Section 409A, then payment of the Additional Payments otherwise payable during the first </font><font style="display: inline;color:#000000;">nine (9</font><font style="display: inline;color:#000000;">) months following the Termination Date shall be deferred </font><font style="display: inline;color:#000000;">for </font><font style="display: inline;color:#000000;">six (6) months following the Termination Date </font><font style="display: inline;color:#000000;">(</font><font style="display: inline;color:#000000;">in accordance with </font><font style="display: inline;color:#000000;">Section</font><font style="display: inline;color:#000000;"> 2.1</font><font style="display: inline;color:#000000;">)</font><font style="display: inline;color:#000000;"> and </font><font style="display: inline;color:#000000;">such aggregate amount shall be </font><font style="display: inline;color:#000000;">paid within ten</font><font style="display: inline;color:#000000;"> &nbsp;(</font><font style="display: inline;color:#000000;">1</font><font style="display: inline;color:#000000;">0) days following the expiration of such 6-month period.</font><font style="display: inline;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">In the event of </font><font style="display: inline;color:#000000;">Employee&#x2019;s</font><font style="display: inline;color:#000000;"> death prior to the payment of all installments</font><font style="display: inline;color:#000000;"> of the </font><font style="display: inline;color:#000000;">Additional Payment </font><font style="display: inline;color:#000000;">as provided above, the remaining installment payments shall be aggregated and paid in a single sum payment to the </font><font style="display: inline;color:#000000;">Employee&#x2019;s</font><font style="display: inline;color:#000000;"> Designated </font><font style="display: inline;color:#000000;">Beneficiary</font><font style="display: inline;color:#000000;"> within sixty (60) days from </font><font style="display: inline;color:#000000;">Employee&#x2019;s</font><font style="display: inline;color:#000000;"> date of death.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(ii)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 21.6pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">Continued Group Health Plan Coverage.&nbsp;&nbsp;The Company and its Affiliates shall maintain continued group health plan coverage following the Termination Date under any of the Company&#x2019;s group health plans that covered </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;"> immediately before the Termination Date which are subject to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended</font><font style="display: inline;color:#000000;">,</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">as codified in Code Section 4980B and Part 6 of Subtitle B of Title I of ERISA</font><font style="display: inline;color:#000000;"> (&#x201C;COBRA&#x201D;)</font><font style="display: inline;color:#000000;">, for </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;"> and </font><font style="display: inline;color:#000000;">her</font><font style="display: inline;color:#000000;"> eligible spouse and other dependents (together, &#x201C;Dependents&#x201D;), for a period of </font><font style="display: inline;color:#000000;">three</font><font style="display: inline;color:#000000;"> &nbsp;(</font><font style="display: inline;color:#000000;">3</font><font style="display: inline;color:#000000;">) &nbsp;</font><font style="display: inline;color:#000000;">months</font><font style="display: inline;color:#000000;"> following the Termination Date and at no cost to </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;"> and </font><font style="display: inline;color:#000000;">her</font><font style="display: inline;color:#000000;"> Dependents.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">After the Termination Date, </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;">, and </font><font style="display: inline;color:#000000;">her</font><font style="display: inline;color:#000000;"> Dependents, if any, must first elect and maintain any COBRA continuation coverage under such plan that they are entitled to receive under the terms of such plan and COBRA.&nbsp;&nbsp;However, </font><font style="display: inline;color:#000000;">Employee </font><font style="display: inline;color:#000000;">and </font><font style="display: inline;color:#000000;">her</font><font style="display: inline;color:#000000;"> Dependents shall not be required to make any premium payments for the portion of any such COBRA coverage period that does not </font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 14pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:394pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;text-align:left"><font style="display: inline;font-size:14pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:14pt;"></font></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 14pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:394pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;text-align:left"><font style="display: inline;font-size:14pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:14pt;"></font></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;font-size:14pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:8pt;"></font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt 72pt;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt"><font style="display: inline;">extend beyond the maximum </font><font style="display: inline;">three</font><font style="display: inline;">-month</font><font style="display: inline;"> period referenced above.&nbsp;&nbsp;In all other respects, </font><font style="display: inline;">Employee </font><font style="display: inline;">and </font><font style="display: inline;">her</font><font style="display: inline;"> Dependents shall be treated the same as other COBRA qualified beneficiaries under the terms of such plan and the requirements of COBRA during the period while COBRA coverage remains in effect.</font><font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">The continuation coverage described above shall be provided in a manner that is intended to satisfy an exception to Code Section&nbsp;409A, and therefore not be treated as an arrangement providing for nonqualified deferred compensation that is subject to taxation under Code Section&nbsp;409A.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(c)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">Nothing in this Agreement shall be construed as giving the Employee any right to be retained in the employ of the Company</font><font style="display: inline;color:#000000;"> or any of its Affiliates</font><font style="display: inline;color:#000000;"> or shall interfere in any way with the right of the Company to terminate the </font><font style="display: inline;color:#000000;">Employee&#x2019;s</font><font style="display: inline;color:#000000;"> employment at any time, with or without Cause.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt">
			<a name="_Ref365540174"></a><a name="_Ref365540293"></a><a name="_Toc409787757"></a><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">1.2</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"></font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Limitation on Other Severance Benefits</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(a)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">Limitation on Other Severance Payments.&nbsp;&nbsp;For purposes of clarity, in the event that (i) </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;"> voluntarily resigns or otherwise voluntarily terminates </font><font style="display: inline;color:#000000;">her</font><font style="display: inline;color:#000000;"> own employment</font><font style="display: inline;color:#000000;"> during the Term of Employment</font><font style="display: inline;color:#000000;">,</font><font style="display: inline;color:#000000;"> (ii)&nbsp;</font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;">&#x2019;s employment is terminated due to a No Severance Benefits Event,</font><font style="display: inline;color:#000000;"> or (iii) Employee&#x2019;s employment is terminated for any reason outside of a CIC Window Period</font><font style="display: inline;color:#000000;"> then, in </font><font style="display: inline;color:#000000;">any</font><font style="display: inline;color:#000000;"> such event under clause (i)</font><font style="display: inline;color:#000000;">, (ii)</font><font style="display: inline;color:#000000;"> or (i</font><font style="display: inline;color:#000000;">i</font><font style="display: inline;color:#000000;">i), the Company shall have no obligation to provide the severance benefits described in subsections (i) and (ii) of Section</font><font style="display: inline;color:#000000;"> 1.1(b)</font><font style="display: inline;color:#000000;">, except to offer COBRA coverage (as required by COBRA) but not at the discounted rate as described in Section</font><font style="display: inline;color:#000000;"> 1.1(b)(ii)</font><font style="display: inline;color:#000000;">.&nbsp; </font><font style="display: inline;color:#000000;">Employee </font><font style="display: inline;color:#000000;">shall still be entitled to </font><font style="display: inline;color:#000000;">receive </font><font style="display: inline;color:#000000;">the severance benefits provided under Section</font><font style="display: inline;color:#000000;"> 1.1(a)</font><font style="display: inline;color:#000000;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<a name="_Ref365540229"></a><font style="display: inline;color:#000000;">(b)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">No Duplication of Severance Benefits.&nbsp;&nbsp;Notwithstanding Section</font><font style="display: inline;color:#000000;"> 1.1</font><font style="display: inline;color:#000000;">, if </font><font style="display: inline;color:#000000;">Employee </font><font style="display: inline;color:#000000;">receives or is entitled to receive any severance benefit under any change of control policy, or any agreement with, or plan or policy of, the Company or any Affiliate, the amount payable under Section</font><font style="display: inline;color:#000000;"> 1.1(b)</font><font style="display: inline;color:#000000;"> to or on behalf of </font><font style="display: inline;color:#000000;">Employee </font><font style="display: inline;color:#000000;">shall be offset by such other severance benefits received by </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;">, and </font><font style="display: inline;color:#000000;">Employee </font><font style="display: inline;color:#000000;">shall thus be entitled to receive the greater of such other severance benefits or the benefits provided under this Agreement, and not any duplicate benefits.&nbsp;&nbsp;The severance payments provided under this Agreement shall also supersede and replace any duplicative severance benefits under any severance pay plan or program that the Company or any Affiliate maintains for employees generally and that otherwise may cover </font><font style="display: inline;color:#000000;">Employee, including</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">the VAALCO Energy, Inc. Severance Plan, dated effective August 21, 2015</font><font style="display: inline;color:#000000;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt">
			<a name="_Ref365540050"></a><a name="_Toc409787758"></a><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">1.3&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Release Agreement</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">. &nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">I</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">n order to receive the </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Termination B</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">enefits, </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Employee </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">must first execute the Release on a form provided by the Company </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">in substantially the same form as attached hereto as</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"> Appendix B</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">, together with any changes thereto that the Company deems to be necessary or appropriate to comply with applicable law or regulation.&nbsp;&nbsp;Pursuant to the Release, thereby </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Employee </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">agrees to release and waive, in return for such severance benefits, any claims that </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">she</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"> may have against the Company including, without limitation, for unlawful discrimination or retaliation (</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;font-style:italic;text-decoration:none;color:#000000;">e.g.</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">, Title VII of the U.S. Civil Rights Act); provided, however, the </font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 14pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:394pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;text-align:left"><font style="display: inline;font-size:14pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:14pt;"></font></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 14pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:394pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;text-align:left"><font style="display: inline;font-size:14pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:14pt;"></font></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;font-size:14pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:8pt;"></font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt"><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Release shall not release any claim by or on behalf of </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Employee </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">for any payment or benefit that is due and payable under the terms of this Agreement prior to the receipt thereof.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">The Company shall deliver </font><font style="display: inline;color:#000000;">the </font><font style="display: inline;color:#000000;">Release to </font><font style="display: inline;color:#000000;">Employee </font><font style="display: inline;color:#000000;">within ten (10</font><font style="display: inline;color:#000000;">) days after the Employment Termination Date.&nbsp;&nbsp;The </font><font style="display: inline;color:#000000;">Employee </font><font style="display: inline;color:#000000;">must return the executed Release within the forty-five (45) day period</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">following the date of </font><font style="display: inline;color:#000000;">her</font><font style="display: inline;color:#000000;"> receipt of the Release.&nbsp; </font><font style="display: inline;color:#000000;">If the conditions set forth in the preceding sentence are not satisfied by </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;">, the Termination Benefits shall be forfeited hereunder.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">If the Release delivery and non-revocation period spans two taxable years, the Termination Benefits will always be </font><font style="display: inline;color:#000000;">paid </font><font style="display: inline;color:#000000;">in the second taxable year.&nbsp; </font><font style="display: inline;color:#000000;">The Company shall also execute the Release.&nbsp;&nbsp;No Termination Benefits shall be payable or provided by the Company unless and until the Release has been executed by </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;">, has not been revoked, and is no longer subject to revocation by </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;">.&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt">
			<a name="_Toc409787760"></a><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">1.4&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">No Mitigation</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">. &nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Employee </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">shall not be required to mitigate the amount of any payment or other benefits provided under this Agreement by seeking other employment.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">1.5&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Term of Agreement.&nbsp;&nbsp;Unless sooner terminated pursuant to other provisions hereof, this Agreement shall </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">expire and </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">terminate</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"> on March 31, 2017.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:center;font-weight:bold;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">Article 2</font><br /><font style="display: inline;color:#000000;"></font><a name="_Ref365554187"></a><a name="_Toc409787778"></a><font style="display: inline;color:#000000;">GENERAL PROVISIONS</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt">
			<a name="_Ref365558222"></a><a name="_Toc409787779"></a><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">2.1&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Matters Relating to Section 409A of the Code</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">.&nbsp;&nbsp;Notwithstanding any provision in this Agreement to the contrary, if the payment of any compensation or benefit provided hereunder (including, without limitation, any Termination Benefits) would be subject to additional taxes and interest under Section 409A of the Code (&#x201C;Section 409A&#x201D;), then the following provisions shall apply:</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(a)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">Notwithstanding anything to the contrary in this Agreement, with respect to any amounts payable to </font><font style="display: inline;color:#000000;">Employee </font><font style="display: inline;color:#000000;">under this Agreement in connection with a termination of </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;">&#x2019;s employment that would be considered &#x201C;non-qualified deferred compensation&#x201D; that is subject to, and not exempt under, Section 409A, a termination of employment shall not be considered to have occurred under this Agreement unless and until such termination constitutes </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;">&#x2019;s </font><font style="display: inline;color:#000000;">S</font><font style="display: inline;color:#000000;">eparation </font><font style="display: inline;color:#000000;">F</font><font style="display: inline;color:#000000;">rom </font><font style="display: inline;color:#000000;">S</font><font style="display: inline;color:#000000;">ervice</font><font style="display: inline;color:#000000;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(b)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">Notwithstanding anything to the contrary in this Agreement, to the maximum extent permitted by applicable law, the </font><font style="display: inline;color:#000000;">Termination Benefits </font><font style="display: inline;color:#000000;">provided </font><font style="display: inline;color:#000000;">to </font><font style="display: inline;color:#000000;">Employee </font><font style="display: inline;color:#000000;">pursuant to this Agreement shall be made in reliance upon Treasury Regulation Section 1.409A-1(b)(9)(iii) (relating to separation pay plans) or Treasury Regulation Section 1.409A-1(b)(4) (relating to short-term deferrals).&nbsp;&nbsp;However, to the extent any such payments are treated as &#x201C;non-qualified deferred compensation&#x201D; subject to Section 409A, and if </font><font style="display: inline;color:#000000;">Employee </font><font style="display: inline;color:#000000;">is </font><font style="display: inline;color:#000000;">determined by the Company </font><font style="display: inline;color:#000000;">at the time of </font><font style="display: inline;color:#000000;">her</font><font style="display: inline;color:#000000;"> Separation from Service to be a &#x201C;specified employee&#x201D; for purposes of Section 409A, then to the extent delayed payment of the Termination Benefits to which </font><font style="display: inline;color:#000000;">Employee </font><font style="display: inline;color:#000000;">is entitled </font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 14pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:394pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;text-align:left"><font style="display: inline;font-size:14pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:14pt;"></font></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 14pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:394pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;text-align:left"><font style="display: inline;font-size:14pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:14pt;"></font></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;font-size:14pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:8pt;"></font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt"><font style="display: inline;color:#000000;">under this Agreement is required in order to avoid a prohibited payment under Section 409A, such severance payment shall not be made to </font><font style="display: inline;color:#000000;">Employee </font><font style="display: inline;color:#000000;">before the earlier of (1)&nbsp;the expiration of the six-month period measured from the date </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;">&#x2019;s Separation from Service or (2)&nbsp;the date of </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;">&#x2019;s death.&nbsp;&nbsp;Upon the earlier of such dates, all payments deferred pursuant to this Section</font><font style="display: inline;color:#000000;"> 2.1</font><font style="display: inline;color:#000000;"> shall be paid in a lump sum to </font><font style="display: inline;color:#000000;">Employee </font><font style="display: inline;color:#000000;">(or to </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;">&#x2019;s Designated </font><font style="display: inline;color:#000000;">Beneficiary</font><font style="display: inline;color:#000000;"> in the event of </font><font style="display: inline;color:#000000;">her</font><font style="display: inline;color:#000000;"> death).</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(c)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">The determination of whether </font><font style="display: inline;color:#000000;">Employee </font><font style="display: inline;color:#000000;">is a &#x201C;specified employee&#x201D; for purposes of Section 409A at the time of </font><font style="display: inline;color:#000000;">her</font><font style="display: inline;color:#000000;"> Separation from Service shall be made by the Company in accordance with the requirements of Section 409A.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(d)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">Notwithstanding anything</font><font style="display: inline;color:#000000;"> to the contrary</font><font style="display: inline;color:#000000;"> in this Agreement or in any separate Company policy, </font><font style="display: inline;color:#000000;">with respect to </font><font style="display: inline;color:#000000;">any in-kind benefits and reimbursements provided under this Agreement during any tax year of </font><font style="display: inline;color:#000000;">Employee </font><font style="display: inline;color:#000000;">shall not affect in-kind benefits or reimbursements to be provided in any other tax year of </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;"> and are not subject to liquidation or exchange for another benefit.&nbsp;&nbsp;Reimbursement requests must be timely submitted by </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;">, and if timely submitted, reimbursement payments shall be made to </font><font style="display: inline;color:#000000;">Employee </font><font style="display: inline;color:#000000;">as soon as administratively practicable following such submission in accordance with the Company&#x2019;s policy regarding reimbursements, but in no event later than the last day of </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;">&#x2019;s taxable year following the taxable year in which the expense was incurred.&nbsp;&nbsp;This Section</font><font style="display: inline;color:#000000;"> 2.1</font><font style="display: inline;color:#000000;"> shall only apply to in-kind benefits and reimbursements that would result in taxable compensation income to </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(e)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">This Agreement is intended to be written, administered, interpreted and construed in a manner such that no payment under this Agreement becomes subject to (1)&nbsp;the gross income inclusion under Section 409A or (2) the interest and additional tax under Section 409A (collectively, &#x201C;Section 409A Penalties&#x201D;), including, where appropriate, the construction of defined terms to have meanings that would not cause the imposition of the Section 409A Penalties.&nbsp;&nbsp;For purposes of Section 409A, each payment that </font><font style="display: inline;color:#000000;">Employee </font><font style="display: inline;color:#000000;">may be eligible to receive under this Agreement shall be treated as a separate and distinct payment and shall not collectively be treated as a single payment.</font><font style="display: inline;color:#000000;"> &nbsp; &nbsp;</font><font style="display: inline;color:#000000;">If any provision of this Agreement would cause </font><font style="display: inline;color:#000000;">Employee </font><font style="display: inline;color:#000000;">to incur the Section 409A Penalties, the Company may, after consulting with </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;">, reform such provision to comply with Section&nbsp;409A or to preclude</font><font style="display: inline;color:#000000;"> imposition of the Section 409A Penalties</font><font style="display: inline;color:#000000;">, to the full extent permitted under Section 409A.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt">
			<a name="_Toc409787780"></a><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">2.2&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Withholdings; Right of Offset</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">.&nbsp;&nbsp;The Company may withhold and deduct from any benefits and payments made or to be made pursuant to this Agreement (a) all federal, state, local, foreign, and other taxes as may be required pursuant to any law or governmental regulation or ruling, (b) all other normal employee deductions made with respect to Company&#x2019;s employees generally, and (c) any advances made to </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Employee </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">and owed to Company.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt">
			<a name="_Toc409787781"></a><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">2.3&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Nonalienation</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">.&nbsp;&nbsp;The right to receive payments under this Agreement shall not be subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge or encumbrance by </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Employee</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">, &nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">her</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"> dependents or beneficiaries, or to any other Person who is or may become entitled to receive such payments hereunder.&nbsp;&nbsp;The right to receive payments </font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 14pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:394pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;text-align:left"><font style="display: inline;font-size:14pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:14pt;"></font></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 14pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:394pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;text-align:left"><font style="display: inline;font-size:14pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:14pt;"></font></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;font-size:14pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:8pt;"></font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt"><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">hereunder shall not be subject to or liable for the debts, contracts, liabilities, engagements or torts of any Person who is or may become entitled to receive such payments, nor may the same be subject to attachment or seizure by any creditor of such Person under any circumstances, and any such attempted attachment or seizure shall be void and of no force and effect.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt">
			<a name="_Toc409787782"></a><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">2.4&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Incompetent or Minor Payees</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">.&nbsp;&nbsp;Should the Compensation Committee determine, in its discretion, that any Person to whom any payment is payable under this Agreement has been determined to be legally incompetent or is a minor, any payment due hereunder, notwithstanding any other provision of this Agreement to the contrary, may be made in any one or more of the following ways:&nbsp;&nbsp;(a) directly to such Person; (b) to the legal guardian or other duly appointed personal representative of the individual or the estate of such Person; or (c) to such adult or adults as have, in the good faith knowledge of the Compensation Committee, assumed custody and support of such Person; and any payment so made shall constitute full and complete discharge of any liability under this Agreement in respect to the amount paid.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt">
			<a name="_Ref365558305"></a><a name="_Toc409787784"></a><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">2.5&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Successors and Assigns</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">.&nbsp;&nbsp;This Agreement shall be binding upon and inure to the benefit of the Company and any successor of the Company (whether direct or indirect, by purchase, merger, consolidation or otherwise), and this Agreement shall inure to the benefit of and be enforceable by </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Employee</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">&#x2019;s legal representatives.&nbsp;&nbsp;The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place.&nbsp;&nbsp;As used in this Agreement, &#x201C;Company&#x201D; shall mean the Company as previously defined and any successor by operation of law or otherwise, as well as any successor to its business and/or assets as aforesaid which assumes and agrees to perform this Agreement.&nbsp;&nbsp;Except as provided in the preceding provisions of this Section</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"> 2.5</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">, this Agreement, and the rights and obligations of the Parties hereunder, are personal in nature and neither this Agreement, nor any right, benefit, or obligation of either Party hereto, shall be subject to voluntary or involuntary assignment, alienation or transfer, whether by operation of law or otherwise, without the written consent of the other Party.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt">
			<a name="_Ref408497093"></a><a name="_Toc409787785"></a><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">2.6&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Notice</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">.&nbsp;&nbsp;Each Notice or other communication required or permitted under this Agreement shall be in writing and transmitted, delivered, or sent by personal delivery, prepaid courier or messenger service (whether overnight or same-day), or prepaid certified United States mail (with return receipt requested), addressed (in any case) to the other Party at the address for that Party set forth below or under that Party&#x2019;s signature on this Agreement, or at such other address as the recipient has designated by Notice to the other Party.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 14pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:394pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;text-align:left"><font style="display: inline;font-size:14pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:14pt;"></font></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 14pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:394pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;text-align:left"><font style="display: inline;font-size:14pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:14pt;"></font></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;font-size:14pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:8pt;"></font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;;font-size: 12pt"><font style="text-indent:0pt;margin-left:0pt; padding-right:37pt;"><font style="display: inline;">To the Company:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">VAALCO Energy, Inc.</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:108pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;">9800 Richmond Avenue, Suite 700</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:108pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;">Houston, Texas&nbsp;&nbsp;770</font><font style="display: inline;">4</font><font style="display: inline;">2</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:108pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;">Attention:&nbsp; </font><font style="display: inline;">Legal Department</font><font style="display: inline;">&nbsp;</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:94pt;"><font style="display: inline;">To </font><font style="display: inline;">Employee</font><font style="display: inline;">:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;">Elizabeth Prochnow</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:106pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font></font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;border-top:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:106pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">Each Notice or communication so transmitted, delivered, or sent (a) in person, by courier or messenger service, or by certified United States mail (return receipt requested) shall be deemed given, received, and effective on the date delivered to or refused by the intended recipient (with the return receipt, or the equivalent record of the courier or messenger, being deemed conclusive evidence of delivery or refusal), or (b) by telecopy or facsimile shall be deemed given, received, and effective on the date of actual receipt (with the confirmation of transmission being deemed conclusive evidence of receipt, except where the intended recipient has promptly Notified the other Party that the transmission is illegible). Nevertheless, if the date of delivery or transmission is not a Business Day, or if the delivery or transmission is after 4:00</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">p.m. (local time at the recipient) on a Business Day, the Notice or other communication shall be deemed given, received, and effective on the next Business Day.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt">
			<a name="_Ref365542478"></a><a name="_Toc409787786"></a><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">2.7&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Mandatory Arbitration of Disputes</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">.&nbsp;&nbsp;Except as provided in subsection&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"></font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"></font><font style="display: inline;font-weight:normal;text-decoration:none;color:#000000;"></font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"></font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"></font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">(h)</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"></font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"> of this Section</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"> 2.7</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">, any Dispute must be resolved by binding arbitration in accordance with the following:</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(a)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">Either Party may begin arbitration by filing a demand for arbitration in accordance with the Arbitration Rules and concurrently Notifying the other Party of that demand.&nbsp;&nbsp;If the Parties are unable to agree upon the choice of an arbitrator within twenty (20) Business Days after the demand for arbitration was filed (and do not agree to an extension of that 20-day period), either Party may request the Houston, Texas, office of the American Arbitration Association (&#x201C;AAA&#x201D;) to appoint the arbitrator in accordance with the Arbitration Rules.&nbsp;&nbsp;The arbitrator, as so appointed hereunder, is referred to herein as the &#x201C;Arbitrator&#x201D;.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<a name="_Ref365554084"></a><font style="display: inline;color:#000000;">(b)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">The arbitration shall be conducted in </font><font style="display: inline;color:#000000;">the </font><font style="display: inline;color:#000000;">Houston, Texas </font><font style="display: inline;color:#000000;">metropolitan area, </font><font style="display: inline;color:#000000;">at a place and time agreed upon by the Parties with the Arbitrator, or if the Parties cannot agree, as designated by the Arbitrator.&nbsp;&nbsp;The Arbitrator may, however, call and conduct hearings and meetings at such other places as the Parties may mutually agree or as the Arbitrator may, on the motion of one Party, determine to be necessary to obtain significant testimony or evidence.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(c)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">The Arbitrator may authorize any and all forms of discovery upon a Party&#x2019;s showing of need that the requested discovery is likely to lead to material evidence needed to resolve the Dispute and is not excessive in scope, timing, or cost.</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 14pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:394pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;text-align:left"><font style="display: inline;font-size:14pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:14pt;"></font></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 14pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:394pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;text-align:left"><font style="display: inline;font-size:14pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:14pt;"></font></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;font-size:14pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:8pt;"></font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(d)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">The arbitration shall be subject to the Federal Arbitration Act and conducted in accordance with the Arbitration Rules to the extent that they do not conflict with this Section</font><font style="display: inline;color:#000000;"> 2.7</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;The Parties and the Arbitrator may, however, agree to vary to provisions of this Section</font><font style="display: inline;color:#000000;"> 2.7</font><font style="display: inline;color:#000000;"> or the matters otherwise governed by the Arbitration Rules.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(e)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">The arbitration hearing shall be held within sixty (60) days after the appointment of the Arbitrator.&nbsp;&nbsp;The Arbitrator&#x2019;s final decision or award shall be made within thirty (30) days after the hearing.&nbsp;&nbsp;That final decision or award by the Arbitrator shall be deemed issued at the place of arbitration.&nbsp;&nbsp;The Arbitrator&#x2019;s final decision or award shall be based on this Agreement and applicable law.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(f)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">The Arbitrator&#x2019;s final decision or award may include injunctive relief in response to any actual or impending breach of this Agreement or any other actual or impending action or omission by a Party in connection with this Agreement.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(g)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">The Arbitrator&#x2019;s final decision or award shall be final and binding upon the Parties, and judgment upon that decision or award may be entered in any court having jurisdiction.&nbsp;&nbsp;The Parties shall have any appeal rights afforded to them under the Federal Arbitration Act.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<a name="_Ref365558341"></a><font style="display: inline;color:#000000;">(h)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">Nothing in this Section</font><font style="display: inline;color:#000000;"> 2.7</font><font style="display: inline;color:#000000;"> shall limit the right of either Party to apply to a court having jurisdiction to: (1) enforce the agreement to arbitrate in accordance with this Section</font><font style="display: inline;color:#000000;"> 2.7</font><font style="display: inline;color:#000000;">; (2) seek provisional or temporary injunctive relief in response to an actual or impending breach of the Agreement or otherwise so as to avoid an irreparable damage or maintain the status quo, until a final arbitration decision or award is rendered or the Dispute is otherwise resolved; or (3) challenge or vacate any final Arbitrator&#x2019;s decision or award that does not comply with this Section</font><font style="display: inline;color:#000000;"> 2.7</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;In addition, nothing in this Section</font><font style="display: inline;color:#000000;"> 2.7</font><font style="display: inline;color:#000000;"> prohibits the Parties from resolving any Dispute (in whole or in part) by mutual agreement at any time, including, without limitation, through the use of </font><font style="display: inline;color:#000000;">personal negotiations or </font><font style="display: inline;color:#000000;">mediation</font><font style="display: inline;color:#000000;"> with a third party.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(i)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">The Arbitrator may proceed to an award notwithstanding the failure of any Party to participate in such proceedings.&nbsp;&nbsp;The prevailing Party in the arbitration proceeding may be entitled to an award of reasonable attorneys&#x2019; fees incurred in connection with the arbitration in such amount, if any, as determined by the Arbitrator in </font><font style="display: inline;color:#000000;">her</font><font style="display: inline;color:#000000;"> discretion.&nbsp;&nbsp;The costs of the arbitration shall be borne equally by the Parties unless otherwise determined by the Arbitrator in the award.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(j)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">The Arbitrator shall be empowered to impose sanctions and to take such other actions as it deems necessary to the same extent a judge could impose sanctions or take such other actions pursuant to the Federal Rules of Civil Procedure and applicable law.&nbsp;&nbsp;Each Party agrees to keep all Disputes and arbitration proceedings strictly confidential except for the disclosure of information required by applicable law.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(k)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">Employee </font><font style="display: inline;color:#000000;">acknowledges that by agreeing to this provision, </font><font style="display: inline;color:#000000;">she</font><font style="display: inline;color:#000000;"> knowingly and voluntarily waives any right </font><font style="display: inline;color:#000000;">she</font><font style="display: inline;color:#000000;"> may have to a jury trial based on any claims </font><font style="display: inline;color:#000000;">she</font><font style="display: inline;color:#000000;"> has, </font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 14pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:394pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;text-align:left"><font style="display: inline;font-size:14pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:14pt;"></font></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 14pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:394pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;text-align:left"><font style="display: inline;font-size:14pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:14pt;"></font></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;font-size:14pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:8pt;"></font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt 36pt;border-top:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt"><font style="display: inline;color:#000000;">had, or may have against the Company or an Affiliate, including any right to a jury trial under any local, municipal, state or federal law.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt">
			<a name="_Toc409787787"></a><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">2.8&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Severability</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">.&nbsp;&nbsp;It is the desire of the Parties hereto that this Agreement be enforced to the maximum extent permitted by law, and should any provision contained herein be held unenforceable by a court of competent jurisdiction or arbitrator (pursuant to </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Section</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"> 2.7</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">), the Parties hereby agree and consent that such provision shall be reformed to create a valid and enforceable provision to the maximum extent permitted by law; provided, however, if such provision cannot be reformed, it shall be deemed ineffective and deleted herefrom without affecting any other provision of this Agreement.&nbsp;&nbsp;This Agreement should be construed by limiting and reducing it only to the minimum extent necessary to be enforceable under then applicable law.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt">
			<a name="_Toc409787788"></a><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">2.9&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">No Third Party Beneficiaries</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">. This Agreement shall be binding upon and inure to the benefit of the Parties hereto, and to their respective successors and permitted assigns hereunder, but otherwise this Agreement shall not be for the benefit of any Persons who are third parties.</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"> &nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt">
			<a name="_Toc409787789"></a><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">2.10&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Waiver of Breach</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">.&nbsp;&nbsp;No waiver by either Party of a breach of any provision of this Agreement by the other Party, or of compliance with any condition or provision of this Agreement to be performed by the other Party, will operate or be construed as a waiver of any subsequent breach by the other Party or any similar or dissimilar provision or condition at the same or any subsequent time.&nbsp;&nbsp;The failure of either Party to take any action by reason of any breach will not deprive such Party of the right to take action at any time while such breach continues.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt">
			<a name="_Toc409787790"></a><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">2.11&nbsp;&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Survival of Certain Provisions</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">.&nbsp;&nbsp;Wherever appropriate to the intention of the Parties, the respective rights and obligations of the Parties hereunder shall survive any termination or expiration of this Agreement or </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">following the </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Employee</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">&#x2019;s</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"> Termination Date</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt">
			<a name="_Toc409787791"></a><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">2.12&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Entire Agreement; Amendment and Termination</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">.&nbsp;&nbsp;This Agreement contains the entire agreement of the Parties with respect to the matters covered herein; moreover, this Agreement supersedes all prior and contemporaneous agreements and understandings, oral or written, between the Parties concerning the subject matter hereof.&nbsp;&nbsp;This Agreement may be amended, waived or terminated only by a written instrument that is identified as an amendment, waiver or termination hereto and that is executed by or on behalf of each Party.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt">
			<a name="_Toc409787792"></a><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">2.13&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Interpretive Matters</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">.&nbsp;&nbsp;In the interpretation of the Agreement, except where the context otherwise requires:</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(a)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">Headings.&nbsp;&nbsp;The Agreement headings are for reference purposes only and will not affect in any way the meaning or interpretation of this Agreement.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(b)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">The terms &#x201C;including&#x201D; and &#x201C;include&#x201D; do not denote or imply any limitation.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(c)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">The conjunction &#x201C;or&#x201D; has the inclusive meaning &#x201C;and/or&#x201D;.</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 14pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:394pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;text-align:left"><font style="display: inline;font-size:14pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:14pt;"></font></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 14pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:394pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;text-align:left"><font style="display: inline;font-size:14pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:14pt;"></font></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;font-size:14pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:8pt;"></font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(d)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">The singular includes the plural, and vice versa, and each gender includes each of the others.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(e)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">The term &#x201C;month&#x201D; refers to a calendar month.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(f)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">Reference to any statute, rule, or regulation includes any amendment thereto or any statute, rule, or regulation enacted or promulgated in replacement thereof.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(g)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">The words &#x201C;herein&#x201D;, &#x201C;hereof&#x201D;, &#x201C;hereunder&#x201D; and other compounds of the word &#x201C;here&#x201D; shall refer to the entire Agreement and </font><font style="display: inline;color:#000000;">not to any particular provision.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(h)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">All amounts referenced herein are in U.S. dollars.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(i)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">In addition to the terms defined in the text hereof, terms with initial capital letters as used herein have the meanings assigned to them, for all purposes of this Agreement, in the Definitions Appendix hereto, unless the context reasonably requires a broader, narrower or different meaning.&nbsp;&nbsp;The Definitions Appendix, as attached hereto, is part of this Agreement and incorporated herein.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt">
			<a name="_Ref365455710"></a><a name="_Toc409787793"></a><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">2.14&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Governing Law; Jurisdiction</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">.&nbsp;&nbsp;All matters or issues relating to the interpretation, construction, validity, and enforcement of this Agreement shall be governed by the laws of the State of Texas, without giving effect to any choice-of-law principle that would cause the application of the laws of any jurisdiction other than Texas.&nbsp;&nbsp;Jurisdiction and venue of any action or proceeding relating to this Agreement or any Dispute (to the extent arbitration is not required under </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Section</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"> 2.7</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">) shall be exclusively in the federal and state courts of competent jurisdiction in the Houston, Texas metropolitan area.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt">
			<a name="_Toc409787794"></a><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">2.15&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Employee</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"> Acknowledgment</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">.&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Employee</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"> acknowledges that (a) </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">she</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"> is knowledgeable and sophisticated as to business matters, including the subject matter of this Agreement, (b) </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">she</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"> has read this Agreement and understands its terms and conditions, (c)&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">she</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"> has had ample opportunity to discuss this Agreement with </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">her</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"> legal counsel prior to execution, and (d) no strict rules of construction shall apply for or against the drafter or any other Party.&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Employee</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"> represents that </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">she</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;"> is free to enter into this Agreement.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;text-decoration:none;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times New Roman;font-size: 12pt">
			<a name="_Toc409787795"></a><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">2.16&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">Counterparts</font><font style="display: inline;font-family:Times New Roman;font-weight:normal;text-decoration:none;color:#000000;">.&nbsp;&nbsp;This Agreement may be executed in any number of counterparts, each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute one and the same instrument.&nbsp;&nbsp;Each counterpart may consist of a copy hereof containing multiple signature pages, each signed by one Party hereto, but together signed by both Parties.</font>
		</p>
		<p style="margin:0pt 0pt 36pt;text-align:center;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-style:italic;color:#000000;">&nbsp;</font><font style="display: inline;font-style:italic;color:#000000;">[Signature page follows.]</font>
		</p>
		<p style="margin:0pt 0pt 12pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 14pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:394pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;text-align:left"><font style="display: inline;font-size:14pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:14pt;"></font></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 14pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:394pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;text-align:left"><font style="display: inline;font-size:14pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:14pt;"></font></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;font-size:14pt;;font-size: 10pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:8pt;"></font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;;font-size: 12pt"><font style="display: inline;">IN WITNESS WHEREOF, </font><font style="display: inline;">Employee</font><font style="display: inline;"> has hereunto set </font><font style="display: inline;">her</font><font style="display: inline;"> hand and Company has caused this Agreement to be executed in its name and on its behalf by its duly authorized officer, to be effective as of the Effective Date.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 252pt;text-indent: -252pt;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">WITNESS:</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 223.2pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;font-weight:bold;">EMPLOYEE</font><font style="display: inline;">:</font>
		</p>
		<p style="margin:0pt 0pt 12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">Signature:</font><font style="display: inline;">&nbsp;</font><font style="display: inline;text-decoration:underline;">/s/ Eric J. Christ</font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">Signature:</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">/s/ Elizabeth Prochnow</font><font style="display: inline;text-decoration:underline;"></font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">Name:</font><font style="display: inline;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;">Eric J. Christ</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"> &nbsp;&nbsp;&nbsp; </font><font style="display: inline;">Elizabeth Prochnow</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">Date:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;">August 10, 2016</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Date:</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"> &nbsp;&nbsp;&nbsp; </font><font style="display: inline;">August 10, 2016</font>
		</p>
		<p style="margin:0pt 0pt 12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;text-decoration:underline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 12pt 252pt;text-indent: -252pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">ATTEST:</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 226.8pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;font-weight:bold;">COMPANY</font><font style="display: inline;">:</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:252pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">VAALCO </font><font style="display: inline;font-weight:bold;">ENERGY, INC.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;text-decoration:underline;">/s/ Eric J. Christ</font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;">&nbsp;</font><font style="display: inline;">By:</font><font style="display: inline;">&nbsp;</font><font style="display: inline;text-decoration:underline;">/s/ Steven P. Guidry</font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;"></font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">Name:</font><font style="display: inline;"> &nbsp;&nbsp; </font><font style="display: inline;">Eric J. Christ</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Name:</font><font style="display: inline;"> &nbsp;&nbsp;&nbsp; </font><font style="display: inline;">Steven P. Guidry</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">Title:</font><font style="display: inline;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;">Vice President and General Counsel</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;"> Title:&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;">Chief Executive Officer</font>
		</p>
		<p style="margin:0pt;text-align:left;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">Date:</font><font style="display: inline;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;">August 10, 2016</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Date:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;">August 10, 2016</font>
		</p>
		<p style="margin:0pt;text-align:left;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:left;border-top:1pt none #D9D9D9 ;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:0pt 0pt 12pt 72pt;text-align:center;border-bottom:1pt none #D9D9D9 ;text-indent:-36pt;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 8pt">

			<font style="display: inline;font-size:8pt;"></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt 0pt 12pt 72pt;text-align:center;border-bottom:1pt none #D9D9D9 ;text-indent:-36pt;text-justify:inter-ideograph;font-family:Times New Roman;;font-size: 12pt"><font style="display: inline;font-weight:bold;">APPENDIX A</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;text-align:center;border-top:1pt none #D9D9D9 ;text-indent:-36pt;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">Definitions Appendix</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">1.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 28.8pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;Affiliate&#x201D;</font><font style="display: inline;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-weight:normal;color:#000000;">has the same meaning ascribed to such term in Rule&nbsp;12b-2 under the Securities Exchange Act of 1934, as amended from time to time.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">2.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 28.8pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;Anticipatory Termination&#x201D; means a Separation From Service of the </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;"> within the time period that begins </font><font style="display: inline;font-weight:normal;color:#000000;">on </font><font style="display: inline;font-weight:normal;color:#000000;">the first day of the month that is three (3) months immediately preceding the </font><font style="display: inline;font-weight:normal;color:#000000;">first day of the </font><font style="display: inline;font-weight:normal;color:#000000;">month containing the </font><font style="display: inline;font-weight:normal;color:#000000;">Change in Control Date and ends on the Change in Control Date, but only if the </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;">&#x2019;s Separation From Service was (a) due to a termination by the Company without Cause or (b) a termination by the </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;"> for Good Reason.&nbsp;&nbsp;For purposes of clarification and not limitation, a Separation From Service for Cause</font><font style="display: inline;font-weight:normal;color:#000000;">,</font><font style="display: inline;font-weight:normal;color:#000000;"> or due to </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;">&#x2019;s </font><font style="display: inline;font-weight:normal;color:#000000;">death or Disability or </font><font style="display: inline;font-weight:normal;color:#000000;">her</font><font style="display: inline;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-weight:normal;color:#000000;">voluntary resignation without Good Reason</font><font style="display: inline;font-weight:normal;color:#000000;">,</font><font style="display: inline;font-weight:normal;color:#000000;"> is not an Anticipatory Termination.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">3.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 28.8pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;Arbitration Rules&#x201D; means the Rules for Employment Arbitrations of the American Arbitration Association, as in effect at the time of arbitration of a Dispute.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">4.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 28.8pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;Board&#x201D; means the then-current Board of Directors of the Company.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">5.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 28.8pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;Business Day&#x201D;</font><font style="display: inline;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-weight:normal;color:#000000;">means any Monday through Friday, excluding any such day on which banks are authorized to be closed in Texas.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">6.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 28.8pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;Cause&#x201D;</font><font style="display: inline;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-weight:normal;color:#000000;">shall mean the termination </font><font style="display: inline;font-weight:normal;color:#000000;">by the Company </font><font style="display: inline;font-weight:normal;color:#000000;">of the </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;">&#x2019;s </font><font style="display: inline;font-weight:normal;color:#000000;">e</font><font style="display: inline;font-weight:normal;color:#000000;">mployment </font><font style="display: inline;font-weight:normal;color:#000000;">with the Company </font><font style="display: inline;font-weight:normal;color:#000000;">by reason of (a</font><font style="display: inline;font-weight:normal;color:#000000;">) the conviction of the </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;"> by a court of competent jurisdiction as to which no further appeal can be taken of a crime involving </font><font style="display: inline;font-weight:normal;color:#000000;">moral turpitude or a felony; (b</font><font style="display: inline;font-weight:normal;color:#000000;">) the commission by the </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;"> of a material act of fraud upon the Company or any Subsidiary, or any cu</font><font style="display: inline;font-weight:normal;color:#000000;">stomer or supplier thereof; (c</font><font style="display: inline;font-weight:normal;color:#000000;">) the misappropriation of any funds or property of the Company or any Subsidiary, or any customer or supplier thereof, by the </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;">; (</font><font style="display: inline;font-weight:normal;color:#000000;">d</font><font style="display: inline;font-weight:normal;color:#000000;">) the willful and continued failure by the </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;"> to perform the material duties assigned to </font><font style="display: inline;font-weight:normal;color:#000000;">her</font><font style="display: inline;font-weight:normal;color:#000000;"> that is not cured to the reasonable satisfaction of the Company within 30 days after written notice of such failure is provided to </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;"> by the Board</font><font style="display: inline;font-weight:normal;color:#000000;"> or the Compensation Committee</font><font style="display: inline;font-weight:normal;color:#000000;"> (or by an officer of the Company who has been designated by</font><font style="display: inline;font-weight:normal;color:#000000;"> the Board or the Compensation Committee for such purpose); (e</font><font style="display: inline;font-weight:normal;color:#000000;">) the engagement by the </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;"> in any direct and material conflict of interest with the Company or any Subsidiary without compliance with the Company&#x2019;s or Subsidiary&#x2019;s conflict of interest policy</font><font style="display: inline;font-weight:normal;color:#000000;">, if any, then in effect; or (f</font><font style="display: inline;font-weight:normal;color:#000000;">) the engagement by the </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;">, without the written approval of the Board</font><font style="display: inline;font-weight:normal;color:#000000;"> or the Compensation Committee</font><font style="display: inline;font-weight:normal;color:#000000;">, in any material activity which competes with the business of the Company or any Subsidiary or which would result in a material injury to the business, reputation or goodwill of the Company or any Subsidiary.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">7.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 28.8pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;Change in Control&#x201D;</font><font style="display: inline;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-weight:normal;color:#000000;">means the occurrence of any one or more of the following events:</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(a)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">The acquisition by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Exchange Act (a &#x201C;Person&#x201D;)) of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of fifty percent </font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 8pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:241pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:center"><font style="display: inline;font-size:8pt;"></font></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt 36pt;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt"><font style="display: inline;color:#000000;">(50%) or more of either (i) the then outstanding shares of common stock of the Company (the &#x201C;Outstanding Company Stock&#x201D;) or (ii) the combined voting power of the then outstanding voting securities of the Company entitled to vote generally in the election of directors (the &#x201C;Outstanding Company Voting Securities&#x201D;); provided, however, that the following acquisitions shall not constitute a Change in Control: (i) any acquisition directly from the Company or any Subsidiary, (ii) any acquisition by the Company or any Subsidiary or by any employee benefit plan (or related trust) sponsored or maintained by the Company or any Subsidiary, or (iii) any acquisition by any corporation pursuant to a reorganization, merger, consolidation or similar business combination involving the Company (a &#x201C;Merger&#x201D;), if, following such Merger, the conditions described in </font><font style="display: inline;text-decoration:underline;color:#000000;">Section</font><font style="display: inline;text-decoration:underline;color:#000000;"> 8(c)</font><font style="display: inline;color:#000000;"> (below) are satisfied;</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(b)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">Individuals who, as of the Effective Date, constitute the Board of Directors of the Company (the &#x201C;Incumbent Board&#x201D;) cease for any reason to constitute at least a majority of the Board; provided, however, that any individual becoming a director subsequent to the Effective Date whose election, or nomination for election by the Company&#x2019;s shareholders, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be considered a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of either an actual or threatened election contest (as such terms are used in Rule 14a-11 of Regulation 14A promulgated under the Exchange Act) or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board;</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(c)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">The consummation of a Merger involving the Company, unless immediately following such Merger, (i) substantially all of the holders of the Outstanding Company Voting Securities immediately prior to Merger beneficially own, directly or indirectly, more than fifty percent (50%) of the common stock of the corporation resulting from such Merger (or its parent corporation) and (ii) at least a majority of the members of the board of directors of the corporation resulting from such Merger (or its parent corporation) were members of the Incumbent Board at the time of the execution of the initial agreement providing for such Merger;</font><font style="display: inline;color:#000000;"> or</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-weight:normal;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(d)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">The sale consummation, or other disposition of all or substantially all of the assets of the Company, unless immediately following such sale or other disposition, (i) substantially all of the holders of the Outstanding Company Voting Securities immediately prior to the consummation of such sale or other disposition beneficially own, directly or indirectly, more than fifty percent (50%) of the common stock of the corporation acquiring such assets in substantially the same proportions as their ownership of Outstanding Company Voting Securities immediately prior to the consummation of such sale or disposition, and (ii) at least a majority of the members of the board of directors of such corporation (or its parent corporation) were members of the Incumbent Board at the time of execution of the initial agreement or action of the Board providing for such sale or other dispo</font><font style="display: inline;color:#000000;">sition of assets of the Company</font><font style="display: inline;color:#000000;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">Notwithstanding the foregoing provisions of this </font><font style="display: inline;color:#000000;">Change in Control </font><font style="display: inline;color:#000000;">definition, to the extent that any payment (or acceleration of payment) under the Agreement is considered to be </font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 8pt">

			<font style="display: inline;font-size:8pt;"></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt"><font style="display: inline;">deferred compensation that is subject to, and not exempt under, Code Section 409A, then the term Change in Control hereunder shall be construed to have the meaning as set forth in Code Section 409A with respect to the payment (or acceleration of payment) of such deferred compensation, but only to the extent inconsistent with the foregoing provisions of th</font><font style="display: inline;">is </font><font style="display: inline;">definition as determined by the Incumbent Board.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">8.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 28.8pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;Change in Control Date&#x201D; means the first date</font><font style="display: inline;font-weight:normal;color:#000000;"> upon which a Change in Control event occurs, provided that such date is </font><font style="display: inline;font-weight:normal;color:#000000;">during </font><font style="display: inline;font-weight:normal;color:#000000;">(a)&nbsp;</font><font style="display: inline;font-weight:normal;color:#000000;">the period in which Employee is employed by Company or any of its Affilaites</font><font style="display: inline;font-weight:normal;color:#000000;"> or </font><font style="display: inline;font-weight:normal;color:#000000;">(b)&nbsp;</font><font style="display: inline;font-weight:normal;color:#000000;">the three</font><font style="display: inline;font-weight:normal;color:#000000;">-month period following</font><font style="display: inline;font-weight:normal;color:#000000;"> the termination of Employee&#x2019;s employment with the Company or its Affiliates</font><font style="display: inline;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-weight:normal;color:#000000;">as specified in the definition </font><font style="display: inline;font-weight:normal;color:#000000;">of </font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;</font><font style="display: inline;font-weight:normal;color:#000000;">Anticipatory Termination</font><font style="display: inline;font-weight:normal;color:#000000;">&#x201D;</font><font style="display: inline;font-weight:normal;color:#000000;">,</font><font style="display: inline;font-weight:normal;color:#000000;"> if applicable</font><font style="display: inline;font-weight:normal;color:#000000;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">9.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 28.8pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;CIC Severance Payment Event&#x201D; means either:&nbsp;&nbsp;the Employee&#x2019;s Separation From Service with the Company and all Affiliates that occurs within the CIC Window Period, other than (1) voluntarily by the Employee unless such resignation is for Good Reason, (2)&nbsp;due to Employee&#x2019;s death or Disability, or (3) involuntarily by the Company for Cause.&nbsp;&nbsp;Any Separation From Service of the Employee that does not occur within the CIC Window Period, or is otherwise not described in this definition shall not be considered a CIC Severance Payment Event.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">10.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;CIC Window Period&#x201D; means </font><font style="display: inline;font-weight:normal;color:#000000;">(a) </font><font style="display: inline;font-weight:normal;color:#000000;">the time period beginning on the Change in Control Date and ending on the last day of the </font><font style="display: inline;font-weight:normal;color:#000000;">six</font><font style="display: inline;font-weight:normal;color:#000000;"> &nbsp;(</font><font style="display: inline;font-weight:normal;color:#000000;">6</font><font style="display: inline;font-weight:normal;color:#000000;">) consecutive month period that begins immediately following the</font><font style="display: inline;font-weight:normal;color:#000000;"> last day of the</font><font style="display: inline;font-weight:normal;color:#000000;"> month containing the Change in Control Date, or (</font><font style="display: inline;font-weight:normal;color:#000000;">b</font><font style="display: inline;font-weight:normal;color:#000000;">)&nbsp;following an Anticipatory Termination, the occurrence of a Change in Control </font><font style="display: inline;font-weight:normal;color:#000000;">(which Change in Control must qualify as</font><font style="display: inline;font-weight:normal;color:#000000;"> a &#x201C;change in control event&#x201D; within the meaning of Section 409A) within the three-month period </font><font style="display: inline;font-weight:normal;color:#000000;">that is </font><font style="display: inline;font-weight:normal;color:#000000;">specified in the definition of &#x201C;Anticipatory Termination&#x201D;</font><font style="display: inline;font-weight:normal;color:#000000;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">11.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;Code&#x201D; means the Internal Revenue Code of 1986, as amended, or its successor.&nbsp;&nbsp;References herein to any Section of the Code shall include any successor provisions of the Code.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">12. </font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 21.6pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;Confidential Information&#x201D;</font><font style="display: inline;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-weight:normal;color:#000000;">means any information or material known to, or used by or for, the Company or an Affiliate (whether or not owned or developed by the Company or an Affiliate and whether or not developed by </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;">) that is not generally known by other Persons in the </font><font style="display: inline;font-weight:normal;color:#000000;">b</font><font style="display: inline;font-weight:normal;color:#000000;">usiness.&nbsp;&nbsp;For all purposes of the Agreement, Confidential Information includes, but is not limited to, the following: all trade secrets of the Company or an Affiliate; all non-public information that the Company or an Affiliate has marked as confidential or has otherwise described to </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;"> (either in writing or orally) as confidential; all non-public information concerning the Company&#x2019;s or Affiliate&#x2019;s products, services, prospective products or services, research, prospects, leases, surveys, seismic data, drilling data, designs, prices, costs, marketing plans, marketing techniques, studies, test data, leasehold and royalty owners, investors, suppliers and contracts; all business records and plans; all personnel files; all financial information of or concerning the Company or an Affiliate; all information relating to the Company&#x2019;s operating system software, application software, software and system methodology, hardware platforms, technical information, inventions, computer programs and listings, source codes, object codes, copyrights and other intellectual property; all technical specifications; any proprietary information belonging to the Company or an Affiliate; all computer hardware or software </font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 8pt">

			<font style="display: inline;font-size:8pt;"></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt"><font style="display: inline;font-weight:normal;color:#000000;">manuals of the Company or an Affiliate; all Company or Affiliate training or instruction manuals; all Company or Affiliate electronic data; and all computer system passwords and user codes.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">13.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;Designated </font><font style="display: inline;font-weight:normal;color:#000000;">Beneficiary</font><font style="display: inline;font-weight:normal;color:#000000;">&#x201D;</font><font style="display: inline;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-weight:normal;color:#000000;">means </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;">&#x2019;s surviving spouse, if any</font><font style="display: inline;font-weight:normal;color:#000000;">, as determined for purposes of the Code</font><font style="display: inline;font-weight:normal;color:#000000;">.&nbsp;&nbsp;If there is no such surviving spouse at the time of </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;">&#x2019;s death, then the Designated </font><font style="display: inline;font-weight:normal;color:#000000;">Beneficiary</font><font style="display: inline;font-weight:normal;color:#000000;"> shall be </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;">&#x2019;s estate.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">14.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;Disability&#x201D;</font><font style="display: inline;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-weight:normal;color:#000000;">shall mean that </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;"> is entitled to receive long</font><font style="display: inline;font-weight:normal;color:#000000;">&#8209;term disability (&#x201C;LTD&#x201D;) income benefits under the LTD plan or policy maintained by the Company or an Affiliate that covers </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;">.&nbsp;&nbsp;If, for any reason, </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;"> is not covered under such LTD plan or policy, then &#x201C;Disability&#x201D; shall mean a &#x201C;permanent and total disability&#x201D; as defined in Code Section 22(e)(3) and Treasury regulations thereunder.&nbsp;&nbsp;Evidence of such Disability shall be certified by a physician acceptable to both the Company and </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;">.&nbsp;&nbsp;In the event that the Parties are not able to agree on the choice of a physician, each shall select one physician who, in turn, shall select a third physician to render such certification.&nbsp;&nbsp;All costs relating to the determination of whether </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;"> has incurred a Disability shall be paid by the Company.&nbsp; </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;"> agrees to submit to any examinations that are reasonably required by the attending physician or other healthcare service providers to determine whether </font><font style="display: inline;font-weight:normal;color:#000000;">she</font><font style="display: inline;font-weight:normal;color:#000000;"> has a Disability.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">15.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;Dispute&#x201D;</font><font style="display: inline;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-weight:normal;color:#000000;">means any dispute, disagreement, controversy, claim, or cause of action arising in connection with or relating to this Agreement or </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;">&#x2019;s employment or termination of employment hereunder, or the validity, interpretation, performance, breach, modification or termination of this Agreement.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<a name="_Ref365456399"></a><font style="display: inline;font-weight:normal;color:#000000;">16.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;Good Reason&#x201D;</font><font style="display: inline;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-weight:normal;color:#000000;">means, with respect to </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;">, the occurrence of any one or more of the following events which first occurs </font><font style="display: inline;font-weight:normal;color:#000000;">while</font><font style="display: inline;font-weight:normal;color:#000000;"> the Employee is employed by Company or any of its Affiliates</font><font style="display: inline;font-weight:normal;color:#000000;">, except as a result of actions taken in connection with termination of </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;">&#x2019;s employment for Cause or Disability, and without </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;">&#x2019;s specific written consent:</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;font-weight:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(a)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">Any reduction in the Employee&#x2019;s annual base salary, </font><font style="display: inline;color:#000000;">other than </font><font style="display: inline;color:#000000;">a reduction</font><font style="display: inline;color:#000000;"> that is remedied by the Company within thirty (30) Business Days after Notice thereof to the Company by </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;">; or</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(b)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">The Company requires </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;"> to be based at any office or location that is farther than forty (40) miles from </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;">&#x2019;s principal office location located in the Houston, Texas metropolitan area, except for required business travel; or</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;font-weight:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">(c)</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;color:#000000;">Any failure by the Company to obtain an assumption of this Agreement by its successor in interest, or any action or inaction that constitutes a material breach by the Company of this Agreement.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">Notwithstanding the foregoing definition of &#x201C;Good Reason&#x201D;, </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;"> cannot terminate </font><font style="display: inline;color:#000000;">her</font><font style="display: inline;color:#000000;"> employment under the Agreement for Good Reason unless </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;"> (1)</font><font style="display: inline;">&nbsp;</font><font style="display: inline;color:#000000;">first provides written Notice to the Compensation Committee of the event (or events) that </font><font style="display: inline;color:#000000;">Employee</font><font style="display: inline;color:#000000;"> believes constitutes a Good Reason event (above) within sixty (60) days from the first occurrence date of such event, and (2) provides the Company with at least </font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 8pt">

			<font style="display: inline;font-size:8pt;"></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt"><font style="display: inline;">thirty (30) Business Days to cure, correct or mitigate the Good Reason event so that it either (A) does not constitute a Good Reason event hereunder or (B) </font><font style="display: inline;">Employee</font><font style="display: inline;"> specifically agrees, in writing, that after any such modification or accommodation by the Company, such event does not constitute a Good Reason event hereunder.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">17.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;No Severance Benefits Event&#x201D;</font><font style="display: inline;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-weight:normal;color:#000000;">means termination of </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;">&#x2019;s employment for Cause.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">18.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;</font><font style="display: inline;font-weight:normal;color:#000000;">Notice&#x201D;</font><font style="display: inline;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-weight:normal;color:#000000;">means a written communication complying with </font><font style="display: inline;font-weight:normal;text-decoration:underline;color:#000000;">Section</font><font style="display: inline;font-weight:normal;text-decoration:underline;color:#000000;"> 2.6</font><font style="display: inline;font-weight:normal;color:#000000;"> (&#x201C;Notify&#x201D; has the correlative meaning).</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">19.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;Person&#x201D;</font><font style="display: inline;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-weight:normal;color:#000000;">means any individual, firm, corporation, partnership, limited liability company, trust, or other en</font><font style="display: inline;font-weight:normal;color:#000000;">tity, including any successor (by merger or otherwise) of such entity.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">20.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;Release&#x201D;</font><font style="display: inline;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-weight:normal;color:#000000;">means a </font><font style="display: inline;font-weight:normal;color:#000000;">separation and </font><font style="display: inline;font-weight:normal;color:#000000;">release agreement, in such form as is prepared and delivered by the Company to </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;">.&nbsp;&nbsp;The Release shall not release any claim by or on behalf of </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;"> for any payment or other benefit that is required under this Agreement prior to the receipt thereof, except as may otherwise be agreed to by </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">21.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;Separation From Service&#x201D; means </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;">&#x2019;s &#x201C;separation from service&#x201D; with the Company and its Affiliates, as such term is defined under Code Section 409A.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">22.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;Subsidiary&#x201D;</font><font style="display: inline;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-weight:normal;color:#000000;">means a corporation or other entity, whether incorporated or unincorporated, of which at least a majority of the voting securities is owned, directly or indirectly, by the Company.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">23.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;Termination Benefits&#x201D; means the benefits described in </font><font style="display: inline;font-weight:normal;text-decoration:underline;color:#000000;">Section</font><font style="display: inline;font-weight:normal;text-decoration:underline;color:#000000;"> 1.1(b)</font><font style="display: inline;font-weight:normal;color:#000000;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">24.</font><font style="display: inline;font-weight:normal;color:#000000;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:normal;color:#000000;"></font><font style="display: inline;font-weight:normal;color:#000000;">&#x201C;Termination Date&#x201D;</font><font style="display: inline;font-weight:normal;color:#000000;">&nbsp;</font><font style="display: inline;font-weight:normal;color:#000000;">means the date on which </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;">&#x2019;s employment terminates with the Company and all Affiliates.&nbsp;&nbsp;Notwithstanding anything herein to the contrary, the date on which a &#x201C;separation from service&#x201D; under Code Section 409A is effective shall be the Termination Date with respect to any payment or benefit to or on behalf of </font><font style="display: inline;font-weight:normal;color:#000000;">Employee</font><font style="display: inline;font-weight:normal;color:#000000;"> that constitutes deferred compensation that is subject to, and not exempt from or excepted under, Code Section 409A</font><font style="display: inline;font-weight:normal;color:#000000;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:231.05pt;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-style:italic;color:#000000;">[End of Appendix A]</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:0pt;text-indent:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 8pt">

			<font style="display: inline;font-size:8pt;"></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;text-indent:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-justify:inter-ideograph;font-family:Times New Roman;;font-size: 12pt"><font style="display: inline;font-weight:bold;">APPENDIX B</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;font-style:italic;">TO</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">CHANGE IN CONTROL</font><font style="display: inline;font-weight:bold;"> AGREEMENT</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;font-style:italic;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;font-style:italic;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">RELEASE AGREEMENT</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">In consideration of the Termination Benefits as set forth in that certain </font><font style="display: inline;">Change in Control </font><font style="display: inline;">Agreement (the &#x201C;</font><font style="display: inline;font-weight:bold;">Change in Control</font><font style="display: inline;font-weight:bold;"> Agreement</font><font style="display: inline;">&#x201D;) dated as of</font><font style="display: inline;"> ___________</font><font style="display: inline;">, 2015, and as it may be amended thereafter, by and between VAALCO Energy, Inc. (the &#x201C;</font><font style="display: inline;font-weight:bold;">Company</font><font style="display: inline;">&#x201D;) and</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">__________ (</font><font style="display: inline;">&#x201C;</font><font style="display: inline;font-weight:bold;">Employee</font><font style="display: inline;">&#x201D;), this Release Agreement (the &#x201C;</font><font style="display: inline;font-weight:bold;">Agreement</font><font style="display: inline;">&#x201D;) is made and entered into by the Company and the </font><font style="display: inline;">Employee</font><font style="display: inline;"> (each a &#x201C;</font><font style="display: inline;font-weight:bold;">Party</font><font style="display: inline;">&#x201D; and together, the &#x201C;</font><font style="display: inline;font-weight:bold;">Parties</font><font style="display: inline;">&#x201D;). </font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">By signing this Release Agreement, </font><font style="display: inline;">Employee</font><font style="display: inline;"> and the Company hereby agree as follows:</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">1.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 28.8pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">Purpose</font><font style="display: inline;">.&nbsp;&nbsp;The purpose of this Agreement is to voluntarily resolve any actual or potential disputes or claims that </font><font style="display: inline;">Employee</font><font style="display: inline;"> has, had or may ever have, as of the date of </font><font style="display: inline;">Employee</font><font style="display: inline;">&#x2019;s execution of this Agreement, against (a) the Company and all of its parents, predecessors, successors, Affiliates (as defined in the </font><font style="display: inline;">Change in Control </font><font style="display: inline;">Agreement), divisions, related companies and organizations, and its and their present and former agents, employees, managers, officers, directors, attorneys, stockholders, plan fiduciaries, assigns, agents, representatives, and all other Persons (as defined in the </font><font style="display: inline;">Change in Control </font><font style="display: inline;">Agreement) acting by, through or in concert with any of them and (b)&nbsp;all compensation and benefit plans and programs sponsored or maintained by the Company and the administrators, trustees, insurers, and fiduciaries of such plans and programs (hereinafter, all the persons and entities in clauses (a) and (b)&nbsp;being individually and collectively referred to as the &#x201C;</font><font style="display: inline;font-weight:bold;">Released Parties</font><font style="display: inline;">&#x201D;).&nbsp;&nbsp;Neither the fact that this Agreement has been proposed or executed, nor the terms of this Agreement, are intended to suggest, or should be construed as suggesting, that the Released Parties have acted unlawfully or violated any federal, state or local law or regulation, or any other duty, policy or contract involving </font><font style="display: inline;">Employee</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">2.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 28.8pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">Termination of Employment</font><font style="display: inline;">.&nbsp;&nbsp;Effective as of the clos</font><font style="display: inline;">e of business on ______________</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;">(the &#x201C;</font><font style="display: inline;font-weight:bold;">Termination Date</font><font style="display: inline;">&#x201D;), </font><font style="display: inline;">Employee</font><font style="display: inline;">&#x2019;s employment with the Company and all of its Affiliates has terminated. </font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">3.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 28.8pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">Termination Benefits</font><font style="display: inline;">.&nbsp;&nbsp;In consideration for </font><font style="display: inline;">Employee</font><font style="display: inline;">&#x2019;s execution of, and required performance under, this Agreement, the Company shall provide </font><font style="display: inline;">Employee</font><font style="display: inline;"> with the Termination Benefits (as defined in the </font><font style="display: inline;">Change in Control </font><font style="display: inline;">Agreement, which definition and other terms in the </font><font style="display: inline;">Change in Control </font><font style="display: inline;">Agreement are incorporated herein by this reference).&nbsp; </font><font style="display: inline;">Employee</font><font style="display: inline;"> confirms and agrees that </font><font style="display: inline;">she</font><font style="display: inline;"> would not otherwise have received, or been entitled to receive, the Termination Benefits if </font><font style="display: inline;">she</font><font style="display: inline;"> did not enter into this Agreement.&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">4.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 28.8pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">Waiver of Additional Compensation or Benefits</font><font style="display: inline;">.&nbsp;&nbsp;The Termination Benefits to be paid to </font><font style="display: inline;">Employee</font><font style="display: inline;"> constitutes the entire amount of compensation and consideration due to </font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 8pt">

			<font style="text-indent:0pt;margin-left:0pt; padding-right:241pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:center"><font style="display: inline;font-size:8pt;"></font></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt"><font style="display: inline;">Employee</font><font style="display: inline;"> under the </font><font style="display: inline;">Change in Control </font><font style="display: inline;">Agreement and this Agreement, and </font><font style="display: inline;">Employee</font><font style="display: inline;"> acknowledges that </font><font style="display: inline;">she</font><font style="display: inline;"> has no right to seek, and will not seek, any additional or different compensation or consideration for executing or performing under the </font><font style="display: inline;">Change in Control </font><font style="display: inline;">Agreement or this Agreement.&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">5.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 28.8pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">Non-Disparagement.</font><font style="display: inline;"> &nbsp; &nbsp;</font><font style="display: inline;">Employee</font><font style="display: inline;"> hereby agrees not to disclose, communicate, or publish any disparaging or negative information, writings, electronic communications, comments, opinions, facts, or remarks, of any kind, about the Company and/or any of the other Released Parties; provided, however, that this paragraph shall have no application to any evidence or testimony required by any court or other government entity, including but not limited to, the U.S. Equal Employment Opportunity Commission (&#x201C;</font><font style="display: inline;font-weight:bold;">EEOC</font><font style="display: inline;">&#x201D;) or any similar federal, state or local agency, under compulsion of law. </font><font style="display: inline;">Employee</font><font style="display: inline;"> acknowledges that in executing this Agreement, </font><font style="display: inline;">Employee</font><font style="display: inline;"> has knowingly, voluntarily and intelligently waived any free speech or First Amendment rights under the United States Constitution or applicable state counterpart to disclose, publish or communicate any such disparaging information about the Company and/or any of the other Released Parties.&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">6.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 28.8pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">Employee</font><font style="display: inline;font-weight:bold;"> Representations</font><font style="display: inline;">.&nbsp; </font><font style="display: inline;">Employee</font><font style="display: inline;"> expressly </font><font style="display: inline;">acknowledges</font><font style="display: inline;"> and represents, and intends for the Company to rely upon the following in entering the Agreement:</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">(a)</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;">Employee</font><font style="display: inline;"> has not filed any complaints, claims or actions against the Company or any of the other Released Parties with any court, agency, or commission regarding the matters encompassed by this Agreement and, by executing this Agreement, </font><font style="display: inline;">Employee</font><font style="display: inline;"> hereby waives the right to recover monetary damages in any proceeding that (1)&nbsp;</font><font style="display: inline;">Employee</font><font style="display: inline;"> may bring before the EEOC or any state or local human rights commission or (2)&nbsp;may be brought by the EEOC or any state or local human rights commission by or on </font><font style="display: inline;">Employee</font><font style="display: inline;">&#x2019;s behalf. </font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">(b)</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;">Employee</font><font style="display: inline;"> understands that </font><font style="display: inline;">she</font><font style="display: inline;"> is, by entering into this Agreement, releasing the Released Parties, including the Company, from any and all claims </font><font style="display: inline;">she</font><font style="display: inline;"> has, had or may ever have against them under federal, state or local laws, which have arisen on or before the execution date of this Agreement.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">(c)</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;">Employee</font><font style="display: inline;"> understands that </font><font style="display: inline;">she</font><font style="display: inline;"> is, by entering into this Agreement, waiving all claims that </font><font style="display: inline;">she</font><font style="display: inline;"> has, had or may ever have against the Released Parties under the federal Age Discrimination in Employment Act of 1967, as amended, which have arisen on or before the execution date of this Agreement. </font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">(d)</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;">Employee</font><font style="display: inline;"> agrees that this Agreement shall be binding on </font><font style="display: inline;">her</font><font style="display: inline;"> and </font><font style="display: inline;">her</font><font style="display: inline;"> heirs, administrators, representatives, executors, successors, and assigns, and shall inure to the benefit of </font><font style="display: inline;">her</font><font style="display: inline;"> heirs, administrators, representatives, executors, successors and assigns. </font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">(e)</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;">Employee</font><font style="display: inline;"> has reviewed all aspects of this Agreement, and has carefully read and fully understands all of the provisions and effects of this Agreement. </font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">(f)</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">Employee</font><font style="display: inline;font-weight:bold;"> has been, and is hereby, advised in writing to consult with an attorney of </font><font style="display: inline;font-weight:bold;">her</font><font style="display: inline;font-weight:bold;"> own choice before signing this Agreement. </font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 8pt">

			<font style="display: inline;font-size:8pt;"></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt 72pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;;font-size: 12pt"><font style="display: inline;">(g)</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;">Employee</font><font style="display: inline;"> is knowingly and voluntarily entering into this Agreement, and has relied solely and completely upon </font><font style="display: inline;">her</font><font style="display: inline;"> own judgment and, if applicable, the advice of </font><font style="display: inline;">her</font><font style="display: inline;"> own attorney in entering into this Agreement. </font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">(h)</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;">Employee</font><font style="display: inline;"> is not relying upon any representations, promises, predictions, projections or statements made by or on behalf of the Company or any of the other Released Parties, other than those that are specifically stated in this Agreement.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">(i)</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;">Employee</font><font style="display: inline;"> does not waive rights or claims that may arise after the date this Agreement is signed below.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">(j)</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;">This Agreement shall be, in all cases, construed as a whole according to its fair meaning, and not strictly for or against any of the Parties.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 72pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">(k)</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;">Employee</font><font style="display: inline;"> will receive payment of consideration under this Agreement that is beyond what </font><font style="display: inline;">Employee</font><font style="display: inline;"> was entitled to receive before entering into this Agreement.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">7.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 28.8pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">Release</font><font style="display: inline;">.&nbsp; </font><font style="display: inline;">Employee</font><font style="display: inline;">, on behalf of </font><font style="display: inline;">herself</font><font style="display: inline;"> and </font><font style="display: inline;">her</font><font style="display: inline;"> heirs, executors, administrators, successors and assigns, irrevocably and unconditionally releases, waives and forever discharges the Released Parties from and against any and all claims, demands, actions, causes of action, charges, complaints, liabilities, obligations, promises, sums of money, agreements, representations, controversies, disputes, damages, suits, right, sanctions, costs (including attorneys&#x2019; fees), losses, debts and expenses of any nature whatsoever, whether known or unknown, fixed or contingent, which </font><font style="display: inline;">Employee</font><font style="display: inline;"> has, had or may ever have against the Released Parties arising out of, concerning, or related to, </font><font style="display: inline;">her</font><font style="display: inline;"> employment or separation from employment with the Company and its Affiliates, from the beginning of time and up to and including the date </font><font style="display: inline;">Employee</font><font style="display: inline;"> executes this Agreement below.&nbsp;&nbsp;This Agreement includes, without limitation, (a) law or equity claims; (b)&nbsp;contract (express or implied) or tort claims; (c) claims arising under any federal, state or local laws of any jurisdiction that prohibit age, sex, race, national origin, color, disability, religion, veteran, military status, sexual orientation or any other form of discrimination, harassment, hostile work environment or retaliation (including, without limitation, the Age Discrimination in Employment Act of 1967, the Older Workers Benefit Protection Act, the Americans with Disabilities Act of 1990, the Americans with Disabilities Act Amendments Act of 2008, Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, the Civil Rights Acts of 1866 and/or 1871, 42 U.S.C. Section 1981, the Rehabilitation Act, the Family and Medical Leave Act, the Sarbanes-Oxley Act, the Employee Polygraph Protection Act, the Worker Adjustment and Retraining Notification Act, the Equal Pay Act of 1963, the Lilly Ledbetter Fair Pay Act, the Uniformed Services Employment and Reemployment Rights Act of 1994, the Genetic Information and Nondiscrimination Act of 2008, the Texas Labor Code, Section 1558 of the Patient Protection and Affordable Care Act of 2010, the Consolidated Omnibus Budget Reconciliation Act of 1985, and any other federal, state or local laws of any jurisdiction); (d)&nbsp;claims under any other federal, state, local, municipal or common law whistleblower protection, discrimination, wrongful discharge, anti-harassment or anti-</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 8pt">

			<font style="display: inline;font-size:8pt;"></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt"><font style="display: inline;">retaliation statute or ordinance; (e) claims arising under ERISA; or (f)&nbsp;any other statutory or common law claims related to </font><font style="display: inline;">Employee</font><font style="display: inline;">&#x2019;s employment or separation from employment with the Company and its Affiliates.&nbsp; </font><font style="display: inline;">Employee</font><font style="display: inline;"> further represents that, as of the date of </font><font style="display: inline;">her</font><font style="display: inline;"> execution of this Agreement, </font><font style="display: inline;">she</font><font style="display: inline;"> has not been the victim of any illegal or wrongful acts by any of the Released Parties, including, without limitation, discrimination, retaliation, harassment or any other wrongful act based on sex, age, race, religion, or any other legally protected characteristic.&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">Notwithstanding the foregoing, this Agreement specifically does not release any claim or cause of action by or on behalf of </font><font style="display: inline;">Employee</font><font style="display: inline;"> (or </font><font style="display: inline;">her</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">b</font><font style="display: inline;">eneficiary</font><font style="display: inline;">) for any payment or other benefit that is required under the terms of the </font><font style="display: inline;">Change in Control </font><font style="display: inline;">Agreement prior to the receipt thereof by or on behalf of </font><font style="display: inline;">Employee</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">8.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 28.8pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">Entire Agreement</font><font style="display: inline;">.&nbsp;&nbsp;This Agreement sets forth the entire agreement between the Parties and fully supersedes and replaces any and all prior agreements or understandings, written or oral, between the Parties pertaining to the subject matter of this Agreement. </font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">9.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 28.8pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">Severability</font><font style="display: inline;">.&nbsp;&nbsp;Should any provision of this Agreement be declared or be determined by any court of competent jurisdiction to be illegal, invalid or unenforceable, the Agreement shall first be reformed to make the provision at issue enforceable and effective to the full extent permitted by law.&nbsp;&nbsp;If such reformation is not possible, all remaining provisions of this Agreement shall otherwise remain in full force and effect and shall be construed as if such illegal, invalid or unenforceable provision has not been included herein.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">10.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">Forty-Five</font><font style="display: inline;font-weight:bold;"> Calendar Days to Consider Offer of Termination Benefits</font><font style="display: inline;">.&nbsp; </font><font style="display: inline;">Employee</font><font style="display: inline;"> shall have, and by signing this Agreement </font><font style="display: inline;">Employee</font><font style="display: inline;"> acknowledges and represents that </font><font style="display: inline;">she</font><font style="display: inline;"> has been given, a period of </font><font style="display: inline;">forty-five</font><font style="display: inline;"> &nbsp;(</font><font style="display: inline;">45</font><font style="display: inline;">) calendar days to consider whether to elect to sign this Agreement, and to thereby waive and release the rights and claims addressed in this Agreement.&nbsp;&nbsp;Although </font><font style="display: inline;">Employee</font><font style="display: inline;"> may sign this Agreement prior to the end of the </font><font style="display: inline;">forty-five (45)</font><font style="display: inline;"> calendar day period, </font><font style="display: inline;">Employee</font><font style="display: inline;"> may not sign this Agreement on or before the Termination Date.&nbsp;&nbsp;In addition, if </font><font style="display: inline;">Employee</font><font style="display: inline;"> signs this Agreement prior to the end of the </font><font style="display: inline;">forty-five (45)</font><font style="display: inline;"> calendar day period, </font><font style="display: inline;">Employee</font><font style="display: inline;"> shall be deemed, by doing so, to have certified and agreed that the decision to make such election prior to the expiration of the </font><font style="display: inline;">forty-five (45) </font><font style="display: inline;">calendar day period is knowing and voluntary and was not induced by the Company through:&nbsp;&nbsp;(a) fraud, misrepresentation or a threat to withdraw or alter the offer prior to the end of the </font><font style="display: inline;">forty-five (45) </font><font style="display: inline;">calendar day period; or (b) an offer to provide different terms or benefits in exchange for signing the Agreement prior to the expiration of the </font><font style="display: inline;">forty-five (45) </font><font style="display: inline;">calendar day period.&nbsp;&nbsp;The procedure for </font><font style="display: inline;">Employee</font><font style="display: inline;"> to accept this Agreement is to return a fully executed, dated and witnessed Agreement to the Chairman or Secretary of the Company&#x2019;s Board of Directors prior to the deadline.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">11.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">Seven Day Revocation Period</font><font style="display: inline;">.&nbsp; </font><font style="display: inline;">Employee</font><font style="display: inline;"> understands and acknowledges that </font><font style="display: inline;">she</font><font style="display: inline;"> may revoke this Agreement at any time within seven (7) calendar days after </font><font style="display: inline;">she</font><font style="display: inline;"> signs this Agreement.&nbsp;&nbsp;To revoke this Agreement, </font><font style="display: inline;">Employee</font><font style="display: inline;"> must deliver written notification of such revocation to the attention of the Chairman or the Secretary of the Company&#x2019;s Board of Directors, within seven (7) calendar days after the date that </font><font style="display: inline;">she</font><font style="display: inline;"> signs this Agreement.&nbsp; </font><font style="display: inline;">Employee</font><font style="display: inline;"> further understands that if </font><font style="display: inline;">she</font><font style="display: inline;"> does not revoke this Agreement within seven (7) </font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 8pt">

			<font style="display: inline;font-size:8pt;"></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt"><font style="display: inline;">calendar days following </font><font style="display: inline;">her</font><font style="display: inline;"> execution of the Agreement (excluding the date of execution), the Agreement will become effective, binding and enforceable on both Parties.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">12.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">Agreement not to Sue</font><font style="display: inline;">.&nbsp;&nbsp;Except as required by law that cannot be waived, </font><font style="display: inline;">Employee</font><font style="display: inline;"> agrees that </font><font style="display: inline;">she</font><font style="display: inline;"> will not commence, maintain, initiate, or prosecute, or cause, encourage, assist, volunteer, advise or cooperate with any other Person (as defined in the </font><font style="display: inline;">Employee</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Change in Control </font><font style="display: inline;">Agreement) to commence, maintain, initiate or prosecute, any action, lawsuit, proceeding, charge, petition, complaint or claim before any court, agency or tribunal against the Company or any Affiliate arising from, concerned with, or otherwise relating to, in whole or in part, </font><font style="display: inline;">Employee</font><font style="display: inline;">&#x2019;s employment or separation from employment with the Company, or any of the matters discharged and released in this Agreement.&nbsp;&nbsp;Notwithstanding the preceding sentence or any other provision of this Agreement or the </font><font style="display: inline;">Change in Control </font><font style="display: inline;">Agreement, this release and the </font><font style="display: inline;">Change in Control </font><font style="display: inline;">Agreement are not intended to interfere with </font><font style="display: inline;">Employee</font><font style="display: inline;">&#x2019;s right to file a charge with the EEOC or a state or local human rights commission in connection with any claim that </font><font style="display: inline;">Employee</font><font style="display: inline;"> believes </font><font style="display: inline;">she</font><font style="display: inline;"> may have against the Company or its Affiliates, or to cooperate or provide truthful testimony to the EEOC or a state or local human rights commission with respect to any investigation.&nbsp;&nbsp;However, by executing this Agreement, </font><font style="display: inline;">Employee</font><font style="display: inline;"> hereby waives the right to recover monetary damages in any proceeding </font><font style="display: inline;">she</font><font style="display: inline;"> may bring before the EEOC or any state or local human rights commission or in any proceeding brought by the EEOC or any state or local human rights commission (or any other agency) on </font><font style="display: inline;">Employee</font><font style="display: inline;">&#x2019;s behalf.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">13.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">Confidentiality of Agreement</font><font style="display: inline;">.</font><font style="display: inline;"> &nbsp; &nbsp;</font><font style="display: inline;">Employee</font><font style="display: inline;"> agrees to keep this Agreement and its terms confidential.&nbsp; </font><font style="display: inline;">Employee</font><font style="display: inline;"> agrees and understands that </font><font style="display: inline;">she</font><font style="display: inline;"> is prohibited from disclosing any terms of this Agreement to anyone, except that </font><font style="display: inline;">she</font><font style="display: inline;"> may disclose the terms of this Agreement to </font><font style="display: inline;">her</font><font style="display: inline;"> attorney, </font><font style="display: inline;">her</font><font style="display: inline;"> spouse, </font><font style="display: inline;">her</font><font style="display: inline;"> financial advisor or as otherwise </font><font style="display: inline;">required by compulsion of law.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">14.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">Agreement to Return Company Property/Documents</font><font style="display: inline;">.</font><font style="display: inline;"> &nbsp; &nbsp;</font><font style="display: inline;">Employee</font><font style="display: inline;"> acknowledges that </font><font style="display: inline;">her</font><font style="display: inline;"> employment with the Company and its Affiliates has terminated effective as of the Termination Date.&nbsp;&nbsp;Accordingly, </font><font style="display: inline;">Employee</font><font style="display: inline;"> agrees that, in accordance with the Company&#x2019;s policy:&nbsp;&nbsp;(i) </font><font style="display: inline;">Employee</font><font style="display: inline;"> will not take with </font><font style="display: inline;">her</font><font style="display: inline;">, copy, alter, destroy or delete any files, documents or other materials whether or not embodying or recording any Confidential Information (as defined in the </font><font style="display: inline;">Change in Control </font><font style="display: inline;">Agreement), including copies, without obtaining in advance the written consent of an authorized Company representative; and (ii) </font><font style="display: inline;">Employee</font><font style="display: inline;"> will promptly return to the Company all Confidential Information, documents, files, records and tapes (written or electronically stored) that are in </font><font style="display: inline;">Employee</font><font style="display: inline;">&#x2019;s possession or under </font><font style="display: inline;">her</font><font style="display: inline;"> control, and </font><font style="display: inline;">Employee</font><font style="display: inline;"> shall not use or disclose such materials in any way or in any format, including written information in any form, information stored by electronic means, and any and all copies of such materials.&nbsp; </font><font style="display: inline;">Employee</font><font style="display: inline;"> further agrees that </font><font style="display: inline;">she</font><font style="display: inline;"> will return to the Company immediately all Company property, including, without limitation, any Company-provided keys, equipment, computer and computer equipment, devices, any other Company cellular phones, Company credit cards, business cards, data, lists, information, correspondence, notes, memorandums, reports or other writings prepared by the Company or </font><font style="display: inline;">Employee</font><font style="display: inline;"> on behalf of the Company or an Affiliate. </font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 8pt">

			<font style="display: inline;font-size:8pt;"></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;;font-size: 12pt"><font style="display: inline;font-weight:bold;">15.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">Waiver</font><font style="display: inline;">.</font><font style="display: inline;"> &nbsp;A Party&#x2019;s waiver of any breach or violation of any provision of this Agreement shall not operate as, or be construed to be, a waiver of any later breach of the same or other provision by such Party.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">16.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 25.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">Miscellaneous</font><font style="display: inline;">.&nbsp;&nbsp;The Parties understand and agree that if a violation of any term of this Agreement is asserted, the Party who asserts such violation shall have the right to seek specific performance of that term and/or any other necessary and proper relief as permitted by law or equity, including but not limited to, damages awarded by any court of competent jurisdiction, and the prevailing Party shall be entitled to recover its reasonable costs and attorneys&#x2019; fees.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">Nothing in this Agreement will be construed to prevent </font><font style="display: inline;">Employee</font><font style="display: inline;"> from challenging the validity of this Agreement under the Age Discrimination in Employment Act or Older Workers Benefit Protection Act.&nbsp; </font><font style="display: inline;">Employee</font><font style="display: inline;"> further understands and agrees that if </font><font style="display: inline;">she</font><font style="display: inline;">, or someone acting on </font><font style="display: inline;">her</font><font style="display: inline;"> behalf, files, or causes to be filed, any such claim, charge, complaint or action against the Company, an Affiliate or any other Released Party, </font><font style="display: inline;">Employee</font><font style="display: inline;"> hereby expressly fully waives and relinquishes any right to recover any damages or other relief, whatsoever, from the Company, its Affiliates and/or other Persons, including costs and attorneys&#x2019; fees.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -31.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">17.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 20.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">Binding Effect.&nbsp; </font><font style="display: inline;">This Agreement shall be binding upon and inure to the benefit of the Parties, and their respective heirs, executors, beneficiaries, personal representatives, successors and permitted assigns hereunder, but otherwise this Agreement shall not be for the benefit of any third parties.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -31.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">18.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 20.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">Survival of Certain Provisions</font><font style="display: inline;">. Wherever appropriate to the intention of the Parties, the respective rights and obligations of the Parties hereunder shall survive any termination or expiration of this Agreement </font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -31.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">19.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 20.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">Choice of Law</font><font style="display: inline;">.&nbsp;&nbsp;This Agreement shall be governed by, and construed and interpreted in accordance with, the laws of the State of Texas without regard to principles of conflict of laws.&nbsp;&nbsp;Jurisdiction and venue of any action or proceeding relating to this Agreement, or any dispute hereunder, shall be exclusively in a federal or state court of competent jurisdiction in the</font><font style="display: inline;"> Houston</font><font style="display: inline;">, Texas</font><font style="display: inline;">,</font><font style="display: inline;"> metropolitan area, and the Parties hereby waive any objection to such jurisdiction or venue including, without limitation, to the effect that it is inconvenient.&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent: -31.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">20.</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 20.2pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;">Counterparts</font><font style="display: inline;">.&nbsp;&nbsp;The Parties agree that this Agreement may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall be deemed one and the same instrument.</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 12pt 36pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:0pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-style:italic;">[Signature page follows.]</font>
		</p>
		<p style="margin:0pt 0pt 12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 8pt">

			<font style="display: inline;font-size:8pt;"></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;;font-size: 12pt"><font style="display: inline;font-style:italic;"></font><font style="display: inline;font-weight:bold;font-style:italic;">Please review this document carefully as it includes a release of claims.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">IN WITNESS WHEREOF, </font><font style="display: inline;">Employee</font><font style="display: inline;"> has executed and entered into this Agreement, and the Company has caused this Agreement to be executed in its name and on its behalf by its duly authorized officer, to be effective as of the date this Agreement is executed by </font><font style="display: inline;">Employee</font><font style="display: inline;"> as set forth beneath </font><font style="display: inline;">her</font><font style="display: inline;"> signature below.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">This document was presented to </font><font style="display: inline;">Employee</font><font style="display: inline;"> on _____________, 20___.</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">COMPANY:</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">By:</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;"></font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">Name:</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;"></font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">Title:</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;"></font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">Dated this ____ day of</font><font style="display: inline;"> _________</font><font style="display: inline;"> 20</font><font style="display: inline;text-decoration:underline;"></font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">EXECUTIVE:</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;"></font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;">WITNESS:</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">Signature: </font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">Witness signature</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">Name:</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">&nbsp;</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">Name:</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;"></font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">Dated this ___ day of ___________ 20</font><font style="display: inline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">Dated this ___ day of ___________ 20</font><font style="display: inline;text-decoration:underline;"></font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">Address for </font><font style="display: inline;">Employee</font><font style="display: inline;">:</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:214pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;text-decoration:underline;"></font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:214pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;text-decoration:underline;"></font></font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:214pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;text-decoration:underline;"></font></font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 8pt">

			<font style="display: inline;font-size:8pt;"></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr>
	</div></body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
