Document:

Second Amendment to the Employment Agreement - Joseph Wm. Foran

 Exhibit 10.12 
 SECOND AMENDMENT TO EMPLOYMENT AGREEMENT 
 This Second Amendment (the
“Amendment”) to that certain employment agreement between Matador Resources Company, a Texas corporation (“Matador”), acting through its Board of Directors, and Joseph Wm. Foran (“Employee”) dated
August 9, 2011, as previously amended (collectively, with the prior amendment, the “Agreement”) is entered into and effective as of December 1, 2011. 

WHEREAS, Matador and Employee previously entered into the Agreement; and 

WHEREAS, Matador and Employee desire to modify the timing of the increase in base salary of the Employee and to modify the timing
of any payment to be made pursuant to Section 14(b) of the Agreement. 
 NOW, THEREFORE, Matador and Employee hereby
agree to amend the Agreement as follows: 
  

	1.	The first sentence of Section 4(a) of the Agreement is restated in its entirety to provide as follows: 

Beginning January 1, 2012, Employee shall receive an annualized salary of $550,000 per year, payable in installments in accordance
with Matador’s then standard payroll practices, or such higher compensation as may be established by Matador from time to time (“Base Salary”). 
  

	2.	Section 14(b) of the Agreement is restated in its entirety to provide as follows: 

(b) If Employee’s employment is terminated by the Company for a reason other than as described in
Section 14(a) or (c), or is terminated by Employee for Good Reason pursuant to Section 12(g), the Company shall (i) pay to Employee all Accrued Obligations as required under applicable wage payment laws and in accordance with the
Company’s customary payroll practices, and (ii) subject to Employee’s compliance with Sections 8 and 9, pay to Employee severance pay in an amount equal to two (2) times his then-current Base Salary as of the Date of Termination,
plus two (2) times an amount equal to the average annual amount of all bonuses paid to Employee with respect to the prior two (2) calendar years, in a lump sum, subject to Section 16(b), on the sixtieth (60th) day following the Date of Termination. Employee shall have no
obligation to seek other employment, and any income so earned shall not reduce the foregoing amounts. 
 [REMAINDER OF PAGE
INTENTIONALLY LEFT BLANK.] 

 IN WITNESS WHEREOF, Matador and Employee have duly executed this Amendment to be effective
as of the date set forth above. 
  

			
	MATADOR RESOURCES COMPANY
		
	By:	 	 /s/ David M. Laney

		 	David M. Laney
		 	Chairman of Nominating, Compensation and Planning Committee
		 	
	EMPLOYEE
	
	 /s/ Joseph Wm. Foran

	Joseph Wm. Foran, individually

 Signature Page 

  
 2Second Amendment to the Employment Agreement - David E. Lancaster

 Exhibit 10.13 
 SECOND AMENDMENT TO EMPLOYMENT AGREEMENT 
 This Second Amendment (the
“Amendment”) to that certain employment agreement between Matador Resources Company, a Texas corporation (“Matador”), acting through its Board of Directors, and David E. Lancaster (“Employee”) dated
August 9, 2011, as previously amended (collectively, with the prior amendment, the “Agreement”) is entered into and effective as of December 1, 2011. 

WHEREAS, Matador and Employee previously entered into the Agreement; and 

WHEREAS, Matador and Employee desire to modify the timing of the increase in base salary of the Employee and to modify the timing
of any payment to be made pursuant to Section 14(b) of the Agreement. 
 NOW, THEREFORE, Matador and Employee hereby
agree to amend the Agreement as follows, effective as of the date hereof: 
  

	1.	The first sentence of Section 4(a) of the Agreement is restated in its entirety to provide as follows: 

Effective December 1, 2011, Employee shall receive an annualized salary of $340,000 per year, payable in installments
in accordance with Matador’s then standard payroll practices, or such higher compensation as may be established by Matador from time to time (“Base Salary”). 

 

	2.	Section 14(b) of the Agreement is restated in its entirety to provide as follows: 

If Employee’s employment is terminated by the Company for a reason other than as described in Section 14(a)
or (c), or is terminated by Employee for Good Reason pursuant to Section 12(g), the Company shall (i) pay to Employee all Accrued Obligations as required under applicable wage payment laws and in accordance with the Company’s
customary payroll practices, and (ii) subject to Employee’s compliance with Sections 8 and 9, pay to Employee severance pay in an amount equal to one and one-half (1.5) times his then-current Base Salary as of the Date of Termination,
plus one and one-half (1.5) times an amount equal to the average annual amount of all bonuses paid to Employee with respect to the prior two (2) calendar years, in a lump sum, subject to Section 16(b), on the sixtieth (60th) day following the Date of Termination. Employee shall have no
obligation to seek other employment, and any income so earned shall not reduce the foregoing amounts. 
 [REMAINDER OF PAGE
INTENTIONALLY LEFT BLANK.] 

 IN WITNESS WHEREOF, Matador and Employee have duly executed this Amendment to be effective
as of the date set forth above. 
  

			
	MATADOR RESOURCES COMPANY
		
	By:	 	/s/ Joseph Wm. Foran
		 	 Joseph Wm. Foran

		 	 Chairman of Board and Chief
 Executive Officer

  

	
	EMPLOYEE
	
	/s/ David E. Lancaster
	David E. Lancaster, individually

 Signature Page 

  
 2Second Amendment to the Employment Agreement - Matthew Hairford

 Exhibit 10.14 
 SECOND AMENDMENT TO EMPLOYMENT AGREEMENT 
 This Second Amendment (the
“Amendment”) to that certain employment agreement between Matador Resources Company, a Texas corporation (“Matador”), acting through its Board of Directors, and Matthew Hairford (“Employee”) dated
August 9, 2011, as previously amended (collectively, with the prior amendment, the “Agreement”) is entered into and effective as of December 1, 2011. 

WHEREAS, Matador and Employee previously entered into the Agreement; and 

WHEREAS, Matador and Employee desire to modify the timing of the increase in base salary of the Employee and to modify the timing
of any payment to be made pursuant to Section 14(b) of the Agreement. 
 NOW, THEREFORE, Matador and Employee hereby
agree to amend the Agreement as follows, effective as of the date hereof: 
  

	1.	The first sentence of Section 4(a) of the Agreement is restated in its entirety to provide as follows: 

Effective December 1, 2011, Employee shall receive an annualized salary of $275,000 per year, payable in installments
in accordance with Matador’s then standard payroll practices, or such higher compensation as may be established by Matador from time to time (“Base Salary”). 

 

	2.	Section 14(b) of the Agreement is restated in its entirety to provide as follows: 

(b) If Employee’s employment is terminated by the Company for a reason other than as described in
Section 14(a) or (c), or is terminated by Employee for Good Reason pursuant to Section 12(g), the Company shall (i) pay to Employee all Accrued Obligations as required under applicable wage payment laws and in accordance with the
Company’s customary payroll practices, and (ii) subject to Employee’s compliance with Sections 8 and 9, pay to Employee severance pay in an amount equal to one and one-half (1.5) times his then-current Base Salary as of the Date
of Termination, plus one and one-half (1.5) times an amount equal to the average annual amount of all bonuses paid to Employee with respect to the prior two (2) calendar years, in a lump sum, subject to Section 16(b), on the sixtieth
(60th) day following the Date of Termination.
Employee shall have no obligation to seek other employment, and any income so earned shall not reduce the foregoing amounts. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK.] 

 IN WITNESS WHEREOF, Matador and Employee have duly executed this Amendment to be effective
as of the date set forth above. 
  

			
	MATADOR RESOURCES COMPANY
		
	By:	 	/s/ Joseph Wm. Foran
		 	Joseph Wm. Foran
		 	Chairman of Board and Chief Executive Officer

  

	
	EMPLOYEE
	
	/s/ Matthew Hairford
	Matthew Hairford, individually

 Signature Page 

  
 2Second Amendment to the Employment  Agreement - Bradley M. Robinson

 Exhibit 10.15 
 SECOND AMENDMENT TO EMPLOYMENT AGREEMENT 
 This Second Amendment (the
“Amendment”) to that certain employment agreement between Matador Resources Company, a Texas corporation (“Matador”), acting through its Board of Directors, and Bradley M. Robinson (“Employee”)
dated August 9, 2011, as previously amended (collectively, with the prior amendment, the “Agreement”) is entered into and effective as of December 1, 2011. 

WHEREAS, Matador and Employee previously entered into the Agreement; and 

WHEREAS, Matador and Employee desire to modify the timing of any payment to be made pursuant to Section 14(b) of the
Agreement. 
 NOW, THEREFORE, Matador and Employee hereby agree to amend the Agreement as follows, effective as of the
date hereof: 
 1. Section 14(b) of the Agreement is restated in its entirety to provide as follows: 

(b) If Employee’s employment is terminated by the Company for a reason other than as described
in Section 14(a) or (c), or is terminated by Employee for Good Reason pursuant to Section 12(g), the Company shall (i) pay to Employee all Accrued Obligations as required under applicable wage payment laws and in accordance with the
Company’s customary payroll practices, and (ii) subject to Employee’s compliance with Sections 8 and 9, pay to Employee severance pay in an amount equal to one (1) times his then-current Base Salary as of the Date of Termination,
plus one (1) times an amount equal to the average annual amount of all bonuses paid to Employee with respect to the prior two (2) calendar years, in a lump sum, subject to Section 16(b), on the sixtieth (60th) day following the Date of Termination. Employee shall have no
obligation to seek other employment, and any income so earned shall not reduce the foregoing amounts. 
 [REMAINDER OF PAGE
INTENTIONALLY LEFT BLANK.] 

 IN WITNESS WHEREOF, Matador and Employee have duly executed this Amendment to be effective
as of the date set forth above. 
  

			
	MATADOR RESOURCES COMPANY
		
	By:	 	/s/ Joseph Wm. Foran
		 	 Joseph Wm. Foran
 Chairman of Board and Chief
 Executive Officer

  

			
	EMPLOYEE
	
	/s/ Bradley M. Robinson
	Bradley M. Robinson, individually

 Signature Page 

  
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