Document:

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                                                                   EXHIBIT 10.10

EMPLOYMENT AND                                     UNITED STATES OF AMERICA
STOCK OWNERSHIP
AGREEMENT                                          STATE OF LOUISIANA

BY AND BETWEEN                                     PARISH OF ORLEANS

ENERGY PARTNERS, LTD.

AND

RICHARD A. BACHMANN

                  THIS EMPLOYMENT AND STOCK OWNERSHIP AGREEMENT (the
"Agreement"), entered into in New Orleans, Louisiana on this 5th day of June,
1998, by and between Richard A. Bachmann, an individual of the full age of
majority domiciled in the Parish of Orleans, State of Louisiana (hereinafter
called "Employee") and Energy Partners, Ltd., a corporation organized and
existing under the laws of the State of Delaware (hereinafter called "Company"),
represented herein by its duly authorized President, Richard A. Bachmann.

1.       Terms and Conditions of Employment.

         1.1.     Length of Employment. In consideration for the compensation
                  set forth in Subparagraph 1.2, Employee shall be employed as
                  Company's President and Chief Executive Officer for a period
                  of five (5) years (or for such lesser time period as mandated
                  by law) from the date of execution of this Agreement (the
                  "Term"). Company may terminate employment at any time for
                  "Cause" in which case Employee shall not be entitled to the
                  balance of compensation for the remainder of the Term. "Cause"
                  as used herein shall consist of the following: (a) willful
                  refusal to perform assigned functions; (b) insubordination;
                  (c) embezzlement; (d) intoxication or drug abuse which
                  interferes with job performance; (e) wrongful disclosure of
                  confidential company information; (f) conflict of interest
                  which is undisclosed and not Board approved; (g) conviction of
                  a felony; (h) engaging, directly or indirectly, in a business
                  which is competitive to the business of the Company, as an
                  employee, officer, director, shareholder, partner, agent or
                  independent contractor which is undisclosed and not Board
                  approved; and (i) incompetence. Within thirty (30) days of
                  execution of this Agreement, Employee shall prepare a written
                  disclosure statement of all business relationships in which he
                  may continue to be an

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                  employee, officer, director, shareholder, partner, agent or
                  independent contractor. A Cause determination shall be in the
                  Company's sole discretion. Company may terminate employment
                  upon ninety (90) days' written notice for any reason
                  whatsoever in which case Employee shall not be entitled to the
                  balance of compensation for the remainder of the Term
                  following such ninety (90) day notice. Employee shall not be
                  entitled to the balance of compensation due for the remainder
                  of the Term following termination of employment due to death
                  or permanent disability.

         1.2.     Consideration. As compensation, Employee shall receive the
                  monthly compensation as set forth on Exhibit "A" attached
                  hereto and made a part hereof, less social security and
                  withholding taxes. The Company shall offer group health care
                  coverage as determined by the Board of Directors. By mutual
                  written agreement between the parties, Exhibit "A" may be
                  modified, substituted or replaced from time to time so as to
                  reflect adjustments to compensation or other benefits as
                  determined by the Board of Directors. Only the President of
                  the Company shall have the authority on the Company's behalf
                  to modify, substitute or replace Exhibit "A."

         1.3.     Vacation Time. Employee shall accrue vacation days during each
                  month worked during the Term as set forth in Exhibit "A",
                  which shall be taken at times mutually agreeable to Employee
                  and Company. The Company, in its discretion, may advance
                  vacation days as requested by Employee. Months "worked" are
                  those months during which Employee was actively engaged in
                  employment on Company's behalf for more than ten (10) business
                  days. The accrued vacation time must be used in the calendar
                  year that it is accrued and will not be carried forward to
                  succeeding years.

         1.4.     Liability. Company shall indemnify and hold harmless Employee
                  from and against any and all claims and liabilities to which
                  Employee may be or become subject by reason of Employee now or
                  hereafter being or having heretofore been an employee of
                  Company and/or by reason of Employee's alleged acts or
                  omissions as such employee, whether or not Employee continues
                  to be such employee at the time when any such claim or
                  liability is asserted, and shall reimburse Employee for all
                  legal and other expenses reasonably incurred by Employee in
                  connection with defending any or all such claims or
                  liabilities, including amounts paid or agreed to be paid in
                  connection with reasonable settlements made before final
                  adjudication with the approval of the Board of Directors,
                  whether or not Employee continues to be an employee at the
                  time such

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                  expenses are incurred; provided, however, that Employee shall
                  not be indemnified against any claim or liability to the
                  extent that it arises out of Employee's own gross negligence
                  or willful misconduct finally determined by a court of
                  competent jurisdiction, and shall not be indemnified against
                  or reimbursed for any expenses incurred in defending any or
                  all such claims or liability or in settling the same.

         1.5.     Non-Competition Agreement. Company and Employee acknowledge
                  that Company is engaged in the business of owning, operating,
                  producing and exploring for mineral interests, and other
                  related activities. For a period of two (2) years following
                  termination of employment (the last day on which Employee is
                  actively engaged in employment on Company's behalf), Employee
                  will not compete directly or indirectly with the Company as to
                  any existing contract to which Company is a party, and/or as
                  to any business of the Company evidenced by contracts,
                  agreements, letters of intent, confidentially agreements, or
                  written proposals in existence on the date of termination of
                  employment in those Parishes in Louisiana set forth in Exhibit
                  "B", and in the states and subdivisions of those states as
                  provided in Exhibit "B". The parties acknowledge that the
                  remedy at law for any breach, whether jointly or severally, of
                  this non-competition clause of this Agreement, all of which is
                  deemed material, will be inadequate and the parties hereby
                  agree that the Company shall be entitled to injunctive relief
                  by a court of competent jurisdiction enjoining and restraining
                  him from the continuance of any such act which constitutes a
                  breach hereof. In addition to injunctive relief, Company
                  reserves the right to seek any damages to which it may be
                  entitled as consequence of employee's breach of this
                  Agreement.

         1.6.     Wages. Should Employee Resign (as defined in Subparagraph 2.7
                  below), and if Employee does not have any just cause of
                  complaint against the Company, Employee shall then forfeit all
                  of the future wages that may be due and payable to Employee.
                  However, Employee shall not be compelled to repay any monies
                  Employee has received as wages, whether in advance of the
                  current year or at the time of Employee's engagement.

2.       Shareholder's Agreement.

         2.1.     Purchase of Shares. Subject to the terms and conditions of
                  this Agreement, Employee shall purchase from Company 1,650
                  shares of no par value common stock of the Company
                  (hereinafter, the "Shares") at the price of one dollar

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                  ($1.00) per share upon execution of this Agreement, receipt
                  and sufficiency of which is hereby acknowledged.

         2.2.     Transfer of Shares. No Shares may be sold, assigned, pledged,
                  transferred or otherwise alienated (each, "Transferred")
                  except in accordance with and pursuant to the terms and
                  conditions of this Agreement and that certain Stockholders'
                  Agreement dated June 5, 1998, by and between the Company,
                  Employee, and others identified therein (the "Stockholders'
                  Agreement"). Additionally, as a condition precedent to any
                  Transfer, the transferee must validly execute the
                  Stockholders' Agreement. Unless otherwise prohibited in the
                  Stockholders' Agreement, the Shares may be pledged with the
                  Company's consent, provided that any lender's recourse for
                  liquidation on debt repayment shall be limited to selling the
                  pledged Shares under the same terms and conditions as though
                  it was an Employee. The lender shall agree to the foregoing
                  provisions as terms of the pledge.

         2.3.     Restrictions on Transfer. Any Transfer or attempted Transfer
                  by Employee in violation of this Agreement shall be null and
                  void and of no force or effect whatever. Any purported
                  transferee shall not be deemed to be a shareholder of the
                  Company and shall not be entitled to receive a new certificate
                  or any distributions on or with respect to the Shares.
                  Employee hereby acknowledges the reasonableness of the
                  restrictions on Transfer imposed by this Agreement in view of
                  the Company's purposes and the relationship of the Employee
                  with the Company. Accordingly, the restrictions on Transfer
                  contained herein shall be specifically enforceable.

                  Employee hereby further agrees to hold the Company and each
                  other shareholder (each shareholder's successors and assigns)
                  wholly and completely harmless from any cost, liability or
                  damage (including, without limitation, liabilities for income
                  taxes and costs of enforcing this indemnity) incurred by any
                  of such indemnified persons as a result of a Transfer or
                  attempted Transfer in violation of this Agreement.

         2.4.     Subsequently Issued Shares. All Shares hereinafter issued to
                  Employee or to Employee's beneficiaries, heirs, successors in
                  interest, representatives or assigns with respect to any
                  Shares subject to this Agreement, whether by stock split,
                  stock dividend or otherwise, shall bear the same endorsement
                  and be subject to all the terms and conditions hereof.

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         2.5.     Legend. In addition to other legends required under the
                  Stockholders' Agreement and applicable securities laws, the
                  Shares which are subject to this Agreement shall contain the
                  following legend:

                           "The shares represented by this certificate are
                           subject to repurchase by Energy Partners, Ltd. and
                           such shares may not be sold or otherwise transferred
                           except pursuant to the Employment and Stock Ownership
                           Agreement, dated ______________, 1998, by and between
                           the shareholder to whom this certificate was issued,
                           the shareholder's spouse and Energy Partners, Ltd., a
                           copy of which is on file in the office of the
                           Corporate Secretary of the Company."

         2.6.     Internal Revenue Code Section 83(b) Election. The Employee
                  shall execute a valid election under Internal Revenue Code
                  Section 83(b), in accordance with the procedures prescribed in
                  the regulations thereunder and the form attached hereto and
                  made hereof as Exhibit "C".

         2.7.     Shareholder Rights Upon Employee Resignation or Termination
                  for Cause. If Employee voluntarily terminates employment with
                  the Company by resignation ("Resign") before the expiration of
                  the Term or if Employee is terminated by the Company for
                  "Cause" (as defined in Subparagraph 1.1 above) prior to the
                  expiration of the Term, all of Employee's rights to the Shares
                  may be acquired as set forth in Section 2.12 hereof at a price
                  equal to the greater of $0.00 or the book value of the Shares
                  as set forth on the Company's financial statements as of
                  December 31 of the year prior to termination.

         2.8.     Shareholder Rights Upon Judgment of Separation or Divorce. In
                  the event of a judgment of separation or divorce involving
                  Employee in which a portion of Employee's Shares are
                  transferred to Employee's spouse/ex-spouse, Employee shall
                  have sixty (60) days from the date of such transfer to
                  purchase said Shares from the spouse/ex-spouse. If Employee
                  does not purchase said Shares within the sixty (60) day time
                  period, then within four (4) months of said transfer, all of
                  Employee's rights to the Shares transferred to Employee's
                  spouse/ex-spouse may be acquired as set forth in Section 2.12
                  hereof. If the Shares are owned as community property or in
                  joint ownership, Employee's spouse shall execute this
                  Agreement in acknowledgment and agreement to such sale of
                  Shares. The spouse, by executing this Agreement, shall also
                  acknowledge and agree that following such sale of their
                  Shares, the spouse will have no further interest

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                  whatsoever in this Agreement or any claims under it. This
                  provision shall be inapplicable to any Employee whose
                  spouse/ex-spouse is also an employee of the Company and holds
                  Shares in their own name.

         2.9.     Purchase Price upon Judgment of Separation or Divorce. (a) If
                  Employee purchases the spouse/ex-spouse's Shares, the purchase
                  price shall be based upon the "fair market value" of the
                  Shares as of the end of the fiscal year of the Company
                  immediately preceding the date of said judgment and payment
                  shall be made in cash. "Fair market value" shall be determined
                  by both Employee and the spouse/ex-spouse by obtaining two (2)
                  appraisals. However, if no agreement can be reached within
                  five (5) business days of the date of the latest appraisal,
                  the Company will obtain a third appraisal, with costs split
                  evenly between Employee and the spouse/ex-spouse, and the fair
                  market value will be the average of the three (3) appraisals.
                  (b) If Employee does not purchase the Shares from the
                  spouse/ex-spouse, then the Shares may be acquired as set forth
                  in Section 2.12 hereof for the fair market value established
                  based upon the average of an appraisal obtained by Company and
                  an appraisal obtained by Employee determined as of the end of
                  the fiscal year of Company immediately preceding the date of
                  said judgment within four (4) months of the transfer to the
                  spouse/ex-spouse.

         2.10.    Shareholder Rights upon Death, Permanent Disability or
                  Involuntary Termination by Company for Other than Cause.
                  Should employment of Employee by Company cease due to
                  Employee's death, permanent disability or involuntary
                  termination of Employee by Company for a reason other than
                  "Cause" as defined in Subparagraph 1.1 above, Employee's
                  Shares shall continue to be held in Employee's name (or
                  Employee's designated beneficiary or trustee, as applicable).
                  For purposes hereof, permanent disability shall be Employee's
                  complete and total inability, by reason of illness, accident
                  or otherwise, to perform the duties of the occupation for
                  which Employee was employed when such disability commenced for
                  a period of twenty-six (26) weeks. All determinations as to
                  the date and the extent of disability of Employee shall be
                  made by the Company's President or his designee based upon
                  such information as deemed reasonable and appropriate.

         2.11.    Interests of Employee Spouse upon Death. By executing this
                  Agreement, the spouse of Employee agrees to execute within
                  sixty (60) days hereof, a valid last will and testament
                  containing a legacy to Employee consisting of all interests in
                  the Shares that the spouse owns jointly or through a community
                  property regime. The last will and testament shall also
                  contain a provision that should such

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                  disposition impinge upon the legitime of the spouse's forced
                  heirs, that Employee shall have the right within six (6)
                  months of the spouse's death to purchase such Shares at a
                  price based upon an independent appraisal determined as of the
                  December thirty-first (31st) immediately prior to the date of
                  the spouse's death. Should Employee fail to purchase such
                  Shares, the Shares may be acquired as set forth in Section
                  2.12 hereof at the fair market value as determined using the
                  procedure set forth in Subparagraph 2.9(b) above, within four
                  (4) months of the spouse's death.

         2.12.    Option to Purchase. As more fully described in Section 4 of
                  the Stockholders' Agreement, any right or option to purchase
                  any shares pursuant to this Agreement shall first be
                  exercisable by Richard A. Bachmann, or his designee, who shall
                  first have the option to purchase all of the Shares under the
                  applicable terms and conditions. Company shall have the option
                  to purchase or redeem the Shares if not purchased by Richard
                  A. Bachmann under the same applicable terms and conditions,
                  and so long as the Stockholders' Agreement is in effect,
                  Energy Income Fund, L.P., or its designee, shall have the
                  option to purchase all of the Shares not purchased by Richard
                  A. Bachmann or Company under the same applicable terms and
                  conditions.

         2.13.    Mandatory Sale of Shares. Notwithstanding anything to the
                  contrary set forth herein and as more fully described in
                  Section 5 of the Stockholders' Agreement, if a bona fide offer
                  to purchase eighty-five percent (85%) of the Shares of the
                  Company is received by the Company from an independent third
                  party at a price per Share which is supported by appraisals,
                  and if the holders of eighty-five percent (85%) of the Shares
                  then outstanding have agreed to tender their Shares pursuant
                  to such offer, Employee agrees to sell all Shares that
                  Employee holds on the terms and conditions set forth in such
                  offer.

         2.14.    Restriction on Sale of Shares. Except as provided elsewhere in
                  this Section 2.0, after (i) a Qualified Public Offering, (ii)
                  transfer of more than seventy-five (75) percent of the
                  authorized, issued, and outstanding stock of the Company by
                  sale, merger, or otherwise, or (iii) by written agreement of
                  all parties to this Agreement, for a period of one (1) year
                  prior to the termination of this Agreement as defined in
                  Section 3.7 hereof, Employee shall not sell such number of
                  Shares in excess of the lesser of: (A) the number of Shares
                  permitted to be sold by Employee pursuant to any underwriting
                  and/or subscription agreement or (B) fifty (50%) percent of
                  the Shares held by Employee. If Employee desires to sell more
                  Shares than set forth above, Employee, may at the option of
                  the

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                  Company, sell such Shares to the Company at the lesser of book
                  value as of the preceding December 31, or the then market
                  value of the stock as traded on a recognized stock exchange.

         2.15.    Exception to Restriction on Transfer of Shares.
                  Notwithstanding the restriction on sale, transfer or
                  alienation of the Shares provided herein, Employee shall have
                  the right to transfer a portion of the Shares held by him to
                  an individual or individuals who are, or will become, an
                  employee of the company (each an "Employee Transferee");
                  provided, however, that any such Employee Transferee must
                  validly execute a Shareholders' Agreement and an Employment
                  and Stock Ownership Agreement as a condition precedent to
                  receiving any Shares.

3.       Miscellaneous

         3.1.     Entire Agreement. The parties to this Agreement acknowledge
                  that they have concurrently executed that certain
                  Stockholders' Agreement dated on even date by and among Energy
                  Partners, Ltd., and Energy Income Fund, L.P., and The
                  Individual Stockholders ("Stockholders' Agreement"). In any
                  circumstances where there is a conflict between the provisions
                  of the Stockholders' Agreement and this Agreement, except as
                  provided in Section 3.7 below, the provisions of the
                  Stockholders' Agreement shall prevail, but only so long as the
                  Stockholders' Agreement is in force and effect. Capitalized
                  terms not defined herein shall have the meaning set forth in
                  the Stockholders' Agreement. Without limiting the generality
                  of the foregoing, this Agreement embodies the entire agreement
                  between the parties hereto regarding to the subject matter
                  hereof, and shall supersede any and all prior agreements
                  whether written or oral relating to employment and/or Shares
                  of the Company owned by Employee, and shall be binding upon
                  Employee and Employee's heirs, legatees, legal
                  representatives, successors, donees, transferees and assigns,
                  and Employee does hereby authorize and obligate Employee's
                  executors, heirs and legatees to comply with the terms of this
                  Agreement. The parties shall not be bound by or be liable for
                  any statement, representation, promise, inducement or
                  understanding of any kind or nature regarding the subject
                  matter hereof which is not set forth herein. No changes,
                  amendments or modifications of any of the terms or conditions
                  of this document shall be valid unless reduced to writing and
                  signed by all parties hereto, Company being represented by its
                  President or his designee.

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         3.2.     Severability. If any provision of this Agreement shall be
                  declared unlawful or incapable of execution or in conflict
                  with the Stockholders' Agreement, such facts shall in no way
                  affect the validity of any other portion hereof which can be
                  given reasonable effect without the provision declared invalid
                  or incapable of execution; nor shall such fact operate to
                  nullify or rescind this Agreement, but shall only serve to
                  render ineffective the provisions declared invalid of the
                  remainder, or the intent of the Agreement as a whole.

         3.3.     Applicable Law. This document shall be construed for all
                  purposes as a Louisiana document and shall be interpreted and
                  enforced in accordance with the laws of the State of
                  Louisiana; provided however, that the non-compete provisions
                  set forth in Subparagraph 1.5 hereof shall be governed by the
                  law of the state where the alleged competition occurs, whether
                  in Louisiana or some other state.

         3.4.     Number and Gender. As used herein, the singular shall include
                  the plural and vice versa and words used in one gender shall
                  include all others as appropriate.

         3.5.     Additional Documents. The parties hereto agree to execute
                  whatever documents or instruments and to perform whatever acts
                  may be reasonably required to fulfill the requirements and/or
                  intents hereof.

         3.6.     Legal Assistance. The parties hereto have each consulted with
                  legal counsel or have had the opportunity to consult with
                  legal counsel regarding the terms and conditions of this
                  Agreement.

         3.7.     Termination. The Terms and Conditions of this Agreement shall
                  terminate at the earlier of (i) one year following the
                  completion of a Qualified Public Offering, (ii) one year
                  following transfer of more than seventy-five (75) percent of
                  the authorized, issued, and outstanding stock of the Company
                  by sale, merger, or otherwise, (iii) or by written agreement
                  of all parties to this Agreement. If none of the three (3)
                  events referred to immediately herein above have occurred, the
                  terms and conditions of the Employment portion of this
                  Agreement (Sections 1.0 to 1.6) shall terminate five (5) years
                  from the date hereof.

                  IN WITNESS WHEREOF, the parties hereto have set forth their
hand and seal on the day, month and year first above written in multiple
originals, each of which shall have the same force and effect as if it were the
same original.

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WITNESSES:                                    ENERGY PARTNERS, LTD.

----------------------------                  By:
                                                  ------------------------------
                                              Richard A. Bachmann, President

----------------------------                  ----------------------------------

                                              ACKNOWLEDGED AND AGREED TO THE
                                              TERMS HEREOF:

----------------------------                  ----------------------------------
                                              Spouse

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                                                                   EXHIBIT 10.11

FIRST AMENDMENT TO
EMPLOYMENT AND
STOCK OWNERSHIP AGREEMENT
                                                        UNITED STATES OF AMERICA
BY AND BETWEEN
                                                        STATE OF LOUISIANA
ENERGY PARTNERS, LTD.
                                                        PARISH OF ORLEANS
AND

RICHARD A. BACHMANN

               THIS FIRST AMENDMENT TO EMPLOYMENT AND STOCK AGREEMENT (this
"Agreement"), is entered into in New Orleans, Louisiana on this 17th day of
November, 1999, by and between Richard A. Bachmann, an individual of the full
age of majority domiciled in the Parish of Orleans, State of Louisiana
(hereinafter called "Employee") and Energy Partners, Ltd., a corporation
organized and existing under the laws of the State of Delaware (hereinafter
called "Company"), represented herein by its duly authorized President, Richard
A. Bachmann.

               WHEREAS, Employee and the Company entered into that certain
Employment and Stock Ownership Agreement dated June 5, 1998 (the "Employment
Agreement");

               WHEREAS, concurrent with the execution hereof, Employee is
entering into a Stockholder Agreement dated November 17, 1999, by and among the
Company, Employee and the other shareholders of the Company named therein (the
"Stockholder Agreement");

               NOW, THEREFORE, the parties agree as follows:

               1. The first sentence of Section 1.1 of the Employment Agreement
is deleted in its entirety and replaced with the following:

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         "In consideration for the compensation set forth in Subparagraph 1.2,
         Employee shall be employed as the Company's President and Chief
         Executive Officer until November 17, 2003 (the "Term").

               2. The following is inserted as the third sentence of Section 1.5
of the Employment Agreement:

         "During the Term and the two-year period specified in the preceding
         sentence, Employee will not (a) solicit or induce any person who is or
         was employed by the Company to discontinue his or her employment with
         the Company, or directly or indirectly employ or offer employment to
         any such person, or (b) cause or attempt to cause any third party then
         under contract with the Company to modify its business relationship
         with the Company in any manner adverse to the Company."

               3. Section 2.2 of the Employment Agreement is deleted in its
entirety and replaced with the following:

         "2.2     Transfer of Shares. No Shares may be sold, assigned, pledged,
                  transferred or otherwise alienated (each, "Transferred")
                  except in accordance with and pursuant to the terms and
                  conditions of this Agreement and that certain Stockholder
                  Agreement dated November 17, 1999, by and between the Company,
                  Employee, and others identified therein (the "Stockholder
                  Agreement"). Additionally, as a condition precedent to any
                  Transfer, the transferee must validly execute the Stockholder
                  Agreement. The Shares may be pledged, as provided in the
                  Stockholder Agreement, provided that any lender's recourse for
                  liquidation on debt repayment shall be limited to selling the
                  pledged Shares under the same terms and conditions as though
                  it was an Employee. The Lender shall agree to the foregoing
                  provisions as terms of the pledge."

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               4. In Section 2.5 of the Employment Agreement, the words "as
amended" are inserted after "1998".

               5. The following is inserted after Section 2.7:

         "2.7A    Shareholder Rights Upon Termination Without Cause.
                  Notwithstanding anything in the Stockholder Agreement to the
                  contrary, in the event the Company terminates the Employee's
                  employment without Cause before the Measurement Date, the
                  percentage set forth opposite the Employee's name on Exhibit H
                  to the Stockholder Agreement shall be multiplied by a
                  fraction, the numerator of which is the number of days elapsed
                  from November 17, 1999 to the date of termination, and the
                  denominator of which is the number of days elapsed from
                  November 17, 1999 to December 31, 2001. Any released Escrow
                  Shares which Employee would have been entitled to receive but
                  for the effect of the preceding sentence shall be allocated
                  among the remaining Management Shareholders as decided by the
                  Board with the consent of the Evercore Approval Director."

               6. Section 2.12 is deleted in its entirety and replaced with the
following:

         "As more fully described in Section 2.2 of the Stockholder Agreement,
         any right or option to purchase the Shares shall first be exercisable
         by the Evercore Entities (as defined in the Stockholder Agreement), and
         the other Management Shareholders (as defined in the Stockholder
         Agreement) shall have the right to purchase all Shares not purchased by
         the Evercore Entities."

               7. Sections 2.13, 2.14 and 2.15 of the Employment Agreement are
deleted in their entirety.

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                                      -4-

               8. The following is inserted after Section 2.12 of the Employment
Agreement:

         "2.13    Put; Call. Employee shall have the right to give a written
                  notice ("Notice") to the Evercore Entities no more than 60
                  days before but at least 30 days before each of the November
                  17, 1999, November 17, 2000, November 17, 2001, and November
                  17, 2002 and (each, a "Sale Date") that Employee desires to
                  sell to the Evercore Entities up to 56.2 of the Shares at a
                  price of $9,747.79 per share (the "Price") on the applicable
                  Sale Date. If Employee gives a Notice to Evercore within the
                  60/30 day period specified above, on the applicable Sale Date
                  Evercore will purchase the number of Shares specified in such
                  Notice for the Price. In the event Employee does not give a
                  Notice at least 30 days before a Sale Date, or gives a Notice
                  specifying that Employee desires to sell fewer than 56.2 of
                  the Shares, Evercore shall have the right to give a written
                  notice (the "Evercore Notice") to Employee at least 15 days
                  before such Sale Date that Evercore desires to purchase from
                  Employee up to 56.2 of the Shares (if no Notice was given) or
                  56.2 of the Shares less the number of Shares specified in the
                  Notice (if a Notice was given). If Evercore gives an Evercore
                  Notice at least 15 days before the applicable Sale Date, on
                  such Sale Date Employee will sell the number of Shares
                  specified in such Evercore notice for the Price. The
                  respective rights of Employee and Evercore under this Section
                  2.13 are not cumulative, and no more than 56.2 of the Shares
                  may be sold and/or purchased on any Sale Date. The agreements
                  set forth in this Section 2.13 shall terminate upon
                  consummation of a Qualifying Public Offering."

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                                      -5-

               9. Section 3.1 of the Employment Agreement is deleted in its
entirety and replaced with the following:

         "3.1     Entire Agreement. The parties to this Agreement acknowledge
                  that they have concurrently executed the Stockholder
                  Agreement. In any circumstance where there is a conflict
                  between the provisions of the Stockholder Agreement and this
                  Agreement, except as provided in Section 2.13 above, the
                  provisions of the Stockholder Agreement shall prevail, but
                  only so long as the Stockholder Agreement is in force and
                  effect. Capitalized terms not defined herein shall have the
                  meaning set forth in the Stockholder Agreement. Without
                  limiting the generality of the foregoing, this Agreement and
                  the Stockholder Agreement embody the entire agreement between
                  the parties hereto regarding to the subject matter hereof, and
                  shall supersede any and all prior agreements whether written
                  or oral relating to employment and/or Shares of the Company
                  owned by Employee, and shall be binding upon Employee and
                  Employee's heirs, legatees, legal representatives, successors,
                  donees, transferees and assigns, and Employee does hereby
                  authorize and obligate Employee's executors, heirs and
                  legatees to comply with the terms of this Agreement. The
                  parties shall not be bound by or be liable for any statement,
                  representation, promise, inducement or understanding of any
                  kind or nature regarding the subject matter hereof which is
                  not set forth herein. No changes, amendments or modifications
                  of any of the terms or conditions of this document shall be
                  valid unless reduced to writing and signed by all parties
                  hereto, the Company being represented by its President or his
                  designee."

<PAGE>   6
                                      -6-

               10. Section 3.7 of the Employment Agreement is deleted in its
entirety and replaced with the following:

         "3.7     Termination. The terms and conditions of Sections 1.0 to 1.4
                  of this Agreement shall terminate on November 17, 2003."

<PAGE>   7
                                      -7-

               IN WITNESS WHEREOF, the parties hereto have set forth their hand
and seal on the day, month and year first above written in multiple originals,
each of which shall have the same force and effect as if it were the same
original.

WITNESSES:                                  ENERGY PARTNERS, LTD.

                                            By:
-----------------------------------             --------------------------------
Name:                                           Name:  Richard Bachmann
                                                Title: President and Chief
                                                            Executive Officer
-----------------------------------
Name:

WITNESSES:

                                            By:
-----------------------------------             --------------------------------
Name:                                           Name:  Richard Bachmann, in
                                                       his individual
                                                       capacity
-----------------------------------
Name:

WITNESSES:                                  ACKNOWLEDGED AND AGREED
                                            TO THE TERMS HEREOF:

                                            By:
-----------------------------------             --------------------------------
Name:                                           Spouse

-----------------------------------
Name:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00012-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00012-of-00352.parquet"}]]