AGREEMENT IS A FINAL AND BINDING WAIVER OF ANY
AND ALL CLAIMS OF EXECUTIVE AGAINST THE RELEASED PARTIES, INCLUDING CLAIMS FOR
AGE DISCRIMINATION UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT AND CLAIMS FOR
SEX, RACE OR OTHER DISCRIMINATION UNDER TITLE VII OF THE CIVIL RIGHTS ACT OF
1964.
THE ONLY PROMISES MADE TO CAUSE EXECUTIVE TO SIGN THIS AGREEMENT ARE THOSE
STATED IN THIS AGREEMENT.
EXECUTIVE ACKNOWLEDGES THAT EXECUTIVE HAS BEEN INFORMED BY APACHE TO CONSULT
WITH HIS OWN ATTORNEY PRIOR TO SIGNING THIS AGREEMENT.
EXECUTIVE REPRESENTS THAT THIS AGREEMENT HAS BEEN FULLY EXPLAINED BY EXECUTIVE'S
ATTORNEY OR THAT EXECUTIVE HAS WAIVED CONSULTATION WITH AN ATTORNEY, CONTRARY TO
APACHE'S RECOMMENDATION.
EXECUTIVE ACKNOWLEDGES AND AFFIRMS THAT EXECUTIVE HAS BEEN EXTENDED A PERIOD OF
21 DAYS IN WHICH TO CONSIDER THIS AGREEMENT AND EXECUTIVE HAS VOLUNTARILY CHOSEN
TO EXECUTE THIS AGREEMENT AS OF THE DATE FIRST SET FORTH ABOVE. EXECUTIVE
ACKNOWLEDGES THAT FOR A PERIOD OF 7 DAYS FOLLOWING HIS EXECUTION OF THIS
AGREEMENT THAT EXECUTIVE HAS THE RIGHT TO REVOKE THIS AGREEMENT. EXECUTIVE
UNDERSTANDS THAT FAILURE TO REVOKE HIS ACCEPTANCE OF THIS AGREEMENT DURING THE 7
DAY PERIOD WILL RESULT IN THIS AGREEMENT BEING PERMANENT AND IRREVOCABLE.
EXECUTIVE REPRESENTS THAT HE HAS CAREFULLY READ AND FULLY UNDERSTANDS THIS
AGREEMENT AND THAT HE HAS ENTERED INTO AND EXECUTED THIS AGREEMENT KNOWINGLY AND
WITHOUT DURESS OR COERCION FROM APACHE OR ANY OTHER PERSON OR SOURCE.
[Execution Page Follows]
10
IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement as of
the date first set forth above.
APACHE CORPORATION By: /s/ William C. Montgomery Date: January 19, 2015
Name:
William C. Montgomery
Title:
Chairman, Corporate Governance &
Nominating Committee, Board of Directors
EXECUTIVE /s/ G. Steven Farris Date: January 19, 2015 G. Steven Farris
11