Exhibit 10.01

 

HALCÓN RESOURCES CORPORATION

 

SECOND AMENDED AND RESTATED

SUMMARY OF NON-EMPLOYEE DIRECTOR COMPENSATION

Adopted March 9, 2016

 

Each non-employee member serving on the Board of Directors (each, a “Director,”
and collectively, the “Directors”) of Halcón Resources Corporation (the
“Company”) shall be paid compensation in the form of cash, represented in an
annual amount, as set forth in the summary below:

 

 

 

Amount(1)

 

 

 

 

 

Annual Retainer:

 

$

198,000

 

Additional Annual Retainer:

 

 

 

Lead Director

 

$

50,000

 

Additional Annual Retainers — Chair:

 

 

 

Audit Committee Chair

 

$

25,000

 

Compensation Committee Chair

 

$

15,500

 

Nominating and Corporate Governance Committee Chair

 

$

12,500

 

Reserves Committee Chair

 

$

12,500

 

Additional Annual Retainers — Committee Member:

 

 

 

Audit Committee Member

 

$

7,500

 

Compensation Committee Member

 

$

5,000

 

Nominating and Corporate Governance Committee Member

 

$

5,000

 

Reserves Committee Member

 

$

5,000

 

 

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(1)  Payable in monthly installments and pro-rated for partial year terms.

 

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