Document:

Form of Restricted Stock Unit Agreement

 Exhibit 10.4 
  
 QUICKSILVER RESOURCES INC. 
  
 Restricted Stock Unit Agreement 
  
 This AGREEMENT (this “Agreement”) is made and entered into as of
                     (“Grant Date”) by and between Quicksilver Resources Inc., a Delaware corporation (the “Company”), and
                     (the “Employee”). 
  
 1. Grant of Restricted Stock Units. Subject to and upon the terms, conditions, and restrictions set forth in this Agreement and in the
Company’s Amended and Restated 1999 Stock Option and Retention Stock Plan (the “Plan”), the Company hereby grants to the Employee [            ] Restricted Stock
Units. Unless the context otherwise requires, terms used herein shall have the same meaning as in the Plan. 
  
 2. Vesting of Restricted Stock Units. 
  
 (a) Vesting Schedule. Except as otherwise provided in this Agreement, on each anniversary of the Grant Date, the number of
Restricted Stock Units equal to [            ]% multiplied by the initial number of Restricted Stock Units specified in this Agreement shall become nonforfeitable on a cumulative
basis until all of the Restricted Stock Units have become nonforfeitable, subject to the Employee’s remaining in the continuous employ of the Company until such anniversary. For purposes of this Agreement, the continuous employment of the
Employee with the Company shall include employment with a Subsidiary and shall not be deemed to have been interrupted, and the Employee shall not be deemed to have ceased to be an employee of the Company, by reason of the transfer of the
Employee’s employment among the Company and its Subsidiaries. Notwithstanding the foregoing, the provision of services by the Employee to the Company or a Subsidiary in a capacity other than as an employee following his or her termination of
employment, including without limitation, as a consultant or as a non-employee member of a board of directors, shall not be a continuation of employment for purposes of this Agreement. 
  
 (b) Accelerated Vesting. Notwithstanding the foregoing, all of the Restricted Stock Units shall
immediately become nonforfeitable in the event of (i) a Change in Control while the Employee is employed by the Company (ii) the Employee’s death or becoming disabled (within the meaning of Section 22(e)(3) of the Code) while the Employee is
employed by the Company, or (iii) the Employee’s retirement from the Company at or after age 55 with at least five years of credited Company service. For purposes of this Agreement, “Change in Control” means the occurrence of any of
the following events: 
  
 (i) any individual,
entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934 (“Exchange Act”)) is or becomes the beneficial owner (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of 50% or
more of the combined voting power of the then-outstanding Voting Stock of the Company; provided, however, that the following acquisitions shall not constitute a Change in Control: (A) any acquisition of Voting Stock of the Company
directly from the Company that is approved by a majority of the Incumbent Directors; (B) any acquisition of Voting Stock of the Company by the Company or any subsidiary 

  

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of the Company; (C) any acquisition of Voting Stock of the Company by the trustee or other fiduciary holding securities under any employee benefit plan (or
related trust) sponsored or maintained by the Company or any subsidiary of the Company; and (D) any acquisition of Voting Stock of the Company by Mercury Exploration Company, Quicksilver Energy, L.P., The Discovery Fund, Pennsylvania Avenue Limited
Partnership, Pennsylvania Management Company, the estate of Frank Darden, Lucy Darden, Anne Darden Self, Glenn Darden or Thomas Darden, or their respective successors, assigns, designees, heirs, beneficiaries, trusts, estates or controlled
affiliates; 
  
 (ii) a majority of the Board of
Directors of the Company ceases to be comprised of Incumbent Directors; or 
  
 (iii) the consummation of a reorganization, merger or consolidation or sale or other disposition of all or substantially all of the consolidated assets of the Company (each, a “Business Combination
Transaction”) immediately after which (A) the Voting Stock of the Company outstanding immediately prior to such Business Combination Transaction does not continue to represent (either by remaining outstanding or by being converted into Voting
Stock of the entity surviving, resulting from, or succeeding to all or substantially all of the Company’s consolidated assets as a result of, such Business Combination Transaction or any parent of such entity), at least 50% of the combined
voting power of the then outstanding shares of Voting Stock of the entity surviving, resulting from, or succeeding to all or substantially all of the Company’s consolidated assets as a result of, such Business Combination Transaction
(including, without limitation, an entity which as a result of such transaction owns the Company or all or substantially all of the Company’s assets either directly or through one or more subsidiaries). 
  
 For purposes of this Agreement, (i) ”Incumbent Directors” means the individuals
who, as of the date hereof, are Directors of the Company and any individual becoming a Director subsequent to the date hereof whose election, nomination for election by the Company’s shareholders, or appointment, was approved by a vote of a
majority of the then Incumbent Directors (either by a specific vote or by approval of the proxy statement of the Company in which such person is named as a nominee for director, without objection to such nomination) and (ii) ”Voting Stock”
means securities entitled to vote generally in the election of Directors. 
  
 3. Forfeiture of Restricted Stock Units. Subject to Section 2(b) of this Agreement, and except as the Committee may determine on a case-by-case basis, any Restricted Stock Units that have not theretofore become
nonforfeitable shall be forfeited if the Employee ceases to be continuously employed by the Company. In the event of a forfeiture, forfeited Restricted Stock Units shall cease to be outstanding and the Employee shall cease to have right, title or
interest in, to or on account of the forfeited Restricted Stock Units or any underlying shares of Common Stock. 
  
 4. Payment of Restricted Stock Units. Each Restricted Stock Unit shall entitle the Employee to one share of Common Stock upon such Restricted Stock
Unit becoming nonforfeitable in accordance with Section 2 of this Agreement. Payment to the Employee shall be made in the form of shares of Common Stock, and shall be evidenced by book entry 

  

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registration or by a certificate registered in the name of the Employee as soon as practicable following the date on which the Restricted Stock Unit so
became nonforfeitable. 
  
 5. Dividend, Voting and Other
Rights. Except as otherwise provided herein, the Employee shall have none of the rights of a shareholder with respect to any shares of Common Stock underlying the Restricted Stock Units, including the right to vote such shares and receive any
dividends that may be paid thereon until such time, if any, that shares of Common Stock are delivered to the Employee in settlement thereof. 
  
 6. No Special Employment Rights. Nothing contained in the Plan or this Agreement shall be construed or deemed by any person under any circumstances
to obligate the Company to continue the employment of the Employee for any period. 
  
 7. Withholding. To the extent that the Company shall be required to withhold any federal, state, local or foreign taxes in connection with the issuance or vesting of any Restricted Stock Units or shares of
Common Stock or other securities pursuant to this Agreement, and the amounts payable to the Company for such withholding are insufficient, it shall be a condition to the issuance or vesting of any Restricted Stock Units or shares of Common Stock, as
the case may be, that the Employee shall pay such taxes or make provisions that are satisfactory to the Company for the payment thereof. The Employee may elect to satisfy all or any part of any such withholding obligation by surrendering to the
Company a portion of the shares of Common Stock that are issued or transferred to the Employee hereunder, and the shares of Common Stock so surrendered by the Employee shall be credited against any such withholding obligation at the fair market
value per share of Common Stock on the date of such surrender. 
  
 8. Miscellaneous. 
  
 (a) Except
as otherwise expressly provided herein, this Agreement may not be amended or otherwise modified in a manner that adversely affects the rights of the Employee, unless evidenced in writing and signed by the Company and the Employee. 
  
 (b) All notices under this Agreement shall be delivered by
hand, sent by commercial overnight courier service or sent by registered or certified mail, return receipt requested, and first-class postage prepaid, to the parties at their respective addresses set forth beneath their names below or at such other
address as may be designated in a notice by either party to the other. Notwithstanding the foregoing, any notice sent to such an address in a country other than that from which the notice is sent may be sent by telefax, telegram or commercial air
courier. 
  
 (c) The Company shall make
reasonable efforts to comply with all applicable federal and state securities laws; provided, however, that notwithstanding any other provision of this Agreement, the Company shall not be obligated to issue any shares of Common Stock
or other securities pursuant to this Agreement if the issuance thereof would result in a violation of any such law. 
  
 (d) Any amendment to the Plan shall be deemed to be an amendment to this Agreement to the extent that the amendment is applicable hereto;
provided, however, that no 

  

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amendment shall adversely affect the rights of the Employee under this Agreement without the Employee’s consent, except to the extent necessary to
comply with the provisions of Section 409A of the Code. 
  
 (e) This Agreement is subject to the terms and conditions of the Plan. In the event of any inconsistency between the provisions of this Agreement and the Plan, the Plan shall govern. The Committee, acting pursuant to
the Plan, as constituted from time to time, shall, except as expressly provided otherwise herein, have the right to determine any questions that arise in connection with this Agreement. 
  
 (f) Notwithstanding any provision in this Agreement to the contrary, this Agreement will be interpreted,
applied and to the minimum extent necessary, unilaterally amended by the Committee, so that the Agreement does not fail to meet, and is operated in accordance with, the requirements of Section 409A of the Code. 
  
 (g) Any reference in this Agreement to a Section of the Code
shall refer to that Section as it reads as of the date of this Agreement and as it may be amended from time to time, and to any successor provision. 
  
 (h) Each provision of this Agreement shall be considered separable. The invalidity or unenforceability of any provision shall not affect
the other provisions, and this Agreement shall be construed in all respects as if such invalid or unenforceable provision was omitted. 
  
 (i) This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware. 
  
 (j) The failure of the Company or the Employee to insist
upon strict performance of any provision hereunder, irrespective of the length of time for which such failure continues, shall not be deemed a waiver of such party’s right to demand strict performance at any time in the future. No consent or
waiver, express or implied, to or of any breach or default in the performance of any obligation or provision hereunder shall constitute a consent or waiver to or of any other breach or default in the performance of the same or any other obligation
hereunder. 
  
 (k) Except for the right of any
party to apply to a court of competent jurisdiction for a temporary restraining order, preliminary injunction, or other equitable relief to preserve the status quo or prevent irreparable harm pending the selection and confirmation of an arbitrator,
any controversy or claim arising out of or relating to this Agreement, including without limitation claims under the Americans with Disabilities Act, the Age Discrimination in Employment Act of 1967, as amended, Title VII of the Civil Rights Act of
1964 as amended, or any other applicable state or federal statutory or common law, shall be resolved by arbitration in Fort Worth, Texas, in accordance with the governing rules of the American Arbitration Association (the “AAA”). A demand
for arbitration shall be filed with the AAA during the term, or within six months after termination or expiration, of this Agreement. The arbitrator shall have the authority to permit discovery, to the extent deemed appropriate by the arbitrator,
upon the request of a party and to grant any type of injunctive relief as well as award damages; provided, however, the arbitrator shall have no authority to award multiple or punitive damages. The costs 

  

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of the arbitration proceeding, including the fee of the arbitrator, shall be borne equally by the parties. Each party shall bear the costs of its own
counsel. Judgment upon the award entered may be enforced by any court of competent jurisdiction. 
  
 Grant Date:                     ,
            . 
  

			
	 QUICKSILVER RESOURCES INC.

		
	 By:
	 	 
	
	 Address:

	
	 777 West Rosedale Street
 Fort Worth, Texas 76104

  

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 Employee’s Acceptance

  
 The undersigned hereby accepts the foregoing award and
agrees to the terms and conditions of the Plan and this Agreement. The undersigned hereby acknowledges receipt of a copy of the Company’s Amended and Restated 1999 Stock Option and Retention Stock Plan. 
  

	
	 
	
	Address:
	
	 
	
	 

  

 Page 6Change in Control Severance Agreement between the Company and Edward J. Borey

 Exhibit 10.1 
  
 CHANGE IN CONTROL SEVERANCE AGREEMENT 
  
 THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”) is entered into as of April 19, 2005, (the “Effective
Date”), by and between Edward J. Borey (“Executive”) and WatchGuard Technologies, Inc., a Delaware corporation, (the “Company”). 
  
 As of the Effective Date, Executive will continue to serve as an employee of the Company in the position of Chairman and Chief Executive Officer (“CCEO”) with
appropriate authority and responsibilities for such role as provided in the Employment Agreement. As CCEO, Executive shall continue to report directly to the Company’s Board of Directors. Executive’s office will continue to be located in
the Seattle, Washington area and Executive’s duties shall primarily be performed there. Executive will continue to earn an annual base salary of $400,000 (subject to adjustment in accordance with the Employment Agreement), which shall cover all
hours worked, payable in the time and manner that salary is paid by the Company to employees generally, and subject to required tax withholding. Executive will continue to be eligible to receive a bonus in accordance with the Employment Agreement.

  
 1. Definitions. The following definitions shall apply for all purposes
under this Agreement: 
  
 (a) Bonus Target. “Bonus
Target” has the same meaning as in the Employment Agreement. 
  
 (b) Cause. “Cause” has the same meaning as in the Employment Agreement. 
  
 (c) Corporate Transaction. “Corporate Transaction” has the same meaning as in the Plan. 
  
 (d) Employment Agreement. “Employment Agreement” means the
June 30, 2004 employment offer letter agreement by and between Executive and the Company. 
  
 (e) Excise Tax. “Excise Tax” has the same meaning as in the Employment Agreement. 
  
 (f) Excise Tax Restoration Payment. “Excise Tax Restoration Payment” has the same meaning as in the Employment Agreement. 
  
 (g) Good Reason. “Good Reason” has the same meaning as in
the Employment Agreement. 
  
 (h) Plan. “Plan”
means the Company’s Amended and Restated 1996 Stock Incentive Compensation Plan. 
  
 (i) Total Disability. “Total Disability” shall be deemed to occur on the ninetieth (90th) consecutive or non-consecutive calendar day within any twelve (12) month period that Executive is unable to
perform the duties set forth in the Employment Agreement because of any mental or physical impairment of Executive which is expected to result in death or which has lasted or is expected to last for a continuous period of twelve (12) months or more
and which causes Executive to be unable, in the opinion of the Company, to perform his duties for the Company and to be engaged in any substantial gainful activity. 

 2. Severance Payment, Equity Compensation and Benefits. 
  
 (a) Executive shall be entitled to receive severance benefits from the
Company (collectively, the “Severance Payment”) if within the first eighteen (18) month period after the occurrence of a Corporate Transaction, either: 
  

	 	(i)	Executive resigns his employment for Good Reason within sixty (60) days after Executive becomes aware of the occurrence of an event specified in Section 1(g); or

  

	 	(ii)	The Company terminates Executive’s employment for any reason other than Cause, death or Total Disability. 

  
 For all purposes under this Agreement, the Severance Payment shall consist of the following
items: 
  
 (v) two (2) times Executive’s annual base salary
as in effect on the date of termination of Executive’s employment; 
  
 (w) Executive’s annual Bonus Target for the year of termination multiplied by the percentage that is equal to the number of calendar days that Executive was employed by the Company during such year divided by
365; 
  
 (x) Executive’s outstanding unvested Company stock
options shall become fully vested and exercisable; 
  
 (y) the
benefits described in Section 9(a)(iii) of the Employment Agreement; and 
  
 (z) the Excise Tax Restoration Payment as provided by Section 9(b) of the Employment Agreement. 
  
 Subparagraph items (v) and (w) shall be paid to Executive in a single cash lump sum payment not later than seven (7) business days following the date that
the conditions in Section 2(c) with respect to the release of claims are satisfied. 
  
 (b) Mitigation. Except as may be expressly provided elsewhere in this Agreement, Executive shall not be required to mitigate the amount of any payment or benefit contemplated by this Section 2 (whether by
seeking new employment or in any other manner). No such payment shall be reduced by earnings that Executive may receive from any other source. Notwithstanding the foregoing, to the extent Executive receives severance or similar payments and/or
benefits under any other Company plan, program, agreement, policy, practice, or the like, not referenced herein, the Severance Payment due to Executive under this Agreement will be correspondingly reduced (and vice-versa). 
  
 (c) Conditions. All payments and benefits provided under Section 2 are
conditioned on Executive’s continuing compliance with this Agreement and the Company’s policies and 
  

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 Executive’s execution (and effectiveness) of a severance agreement including a release of claims and covenant not to
sue in a form reasonably acceptable to the Company. No Severance Payment shall be provided to Executive unless and until such severance agreement is effective. The Severance Payment shall be in lieu of any other post-termination of employment
payments or benefits including without limitation any payments or benefits described in the Employment Agreement that are not expressly referenced by this Agreement. 
  
 3. Excise Tax Determinations. All mathematical determinations, and all determinations with respect to the Excise Tax and Excise Tax
Restoration Payment that are required to be made under Section 2(a)(z), shall be made by the independent auditors retained by the Company most recently prior to the Corporate Transaction (the “Auditors”), who shall provide their
determination, together with detailed supporting calculations regarding the amount of any relevant matters, both to the Company and to Executive within seven (7) business days of Executive’s termination date, if applicable, or such earlier time
as is requested by the Company. If the Auditors determine no Excise Tax is due, then the Auditors shall furnish Executive with a written statement that such Auditors have concluded that no Excise Tax is payable (including the reasons therefor) and
that Executive has substantial authority not to report any Excise Tax on Executive’s federal income tax return. Any determination by the Auditors shall be binding upon the Company and Executive, absent manifest error. The Company shall pay the
fees and costs of the Auditors which are incurred in connection with Sections 2(a)(z) and 3. 
  
 4. Successors. 
  
 (a)
Company’s Successors. Any successor (whether direct or indirect and whether by purchase, lease, merger, consolidation, liquidation or otherwise) to all or substantially all of the Company’s business and/or assets, shall be obligated
to perform this Agreement in the same manner and to the same extent as the Company would be required to perform it in the absence of a succession. 
  
 (b) Executive’s Successors. This Agreement and all rights of Executive hereunder shall inure to the benefit of, and be enforceable by,
Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. 
  
 5. Miscellaneous Provisions. 
  
 (a) Notice. Notices and all other communications contemplated by this Agreement shall be in writing and shall be deemed to have been duly given
when personally delivered or when mailed by U.S. registered or certified mail, return receipt requested and postage prepaid. In the case of Executive, mailed notices shall be addressed to him at the home address which he most recently communicated
to the Company in writing. In the case of the Company, mailed notices shall be addressed to its corporate headquarters, and all notices shall be directed to the attention of its Secretary. 
  
 (b) Waiver. No provision of this Agreement shall be modified, waived
or discharged unless the modification, waiver or discharge is agreed to in writing and signed by Executive and by an authorized officer of the Company (other than Executive). No waiver by either party of any breach of, or of compliance with, any
condition or provision of this Agreement by the other party shall be considered a waiver of any other condition or provision or of the same condition or provision at another time. 
  

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 (c) Whole Agreement. This Agreement contains all the legally binding understandings and agreements
between Executive and the Company pertaining to the subject matter of this Agreement and supersedes all such agreements, whether oral or in writing, previously entered into between the parties. To the extent that the Employment Agreement is
inconsistent with this Agreement or conflicts with this Agreement, then the terms of this Agreement shall control. 
  
 (d) Withholding Taxes. All payments made under this Agreement shall be subject to reduction to reflect taxes required to be withheld by law.

  
 (e) Choice of Law. The validity, interpretation,
construction and performance of this Agreement shall be governed by the laws of the state of Washington without regard to the conflicts of laws principles thereof. 
  
 (f) Severability. The invalidity or unenforceability of any provision or provisions of this Agreement shall not
affect the validity or enforceability of any other provision hereof, which shall remain in full force and effect. 
  
 (g) Arbitration. Any controversy or claim arising out of or relating to this Agreement, or the breach thereof, shall be settled by arbitration in
Seattle, Washington in accordance with the Commercial Arbitration Rules of the American Arbitration Association. Discovery shall be permitted to the same extent as in a proceeding under the Federal Rules of Civil Procedure. Judgment on the award
rendered by the arbitrator may be entered in any court having jurisdiction thereof. All fees and expenses of the arbitrator and such Association and attorney fees shall be paid as determined by the arbitrator. 
  
 (h) No Assignment. The rights of Executive to payments or benefits
under this Agreement shall not be made subject to option or assignment, either by voluntary or involuntary assignment or by operation of law, including (without limitation) bankruptcy, garnishment, attachment or other creditor’s process, and
any action in violation of this Subsection (h) shall be void. 
  
 (i) Nondisclosure. Notwithstanding any requirement that the Company may have to publicly disclose the terms of this Agreement pursuant to applicable law or regulations, Executive agrees to use reasonable efforts to maintain in
confidence the existence of this Agreement, the contents and terms of this Agreement, and the consideration for this Agreement (hereinafter collectively referred to as “Agreement Information”). Executive also agrees to take every
reasonable precaution to prevent disclosure of any Agreement Information to third parties, except for disclosures required by law or absolutely necessary with respect to Executive’s family members or personal advisors who shall also agree to
maintain confidentiality of the Agreement Information. 
  
 (j)
Notice of Employment. During Executive’s employment and for twelve months after Executive’s termination of employment, Executive will promptly notify the Company in writing if Executive becomes (or agrees to become) an employee or
director of any other employer. Such notice shall include the name and contact information of the other employer and the date of commencement of employment or service as a director. 
  

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 6. Term of Agreement. This Agreement shall continue in effect until the Company shall have given Executive three
(3) years’ written notice of cancellation; provided, that, notwithstanding the delivery of any such notice, this Agreement shall continue in effect for a period of three (3) years after a Corporate Transaction, if such Corporate Transaction
shall have occurred during the term of this Agreement. Except as provided in the next paragraph, this Agreement shall terminate if Executive’s employment is terminated prior to a Corporate Transaction. 
  
 This Agreement shall remain effective if, in connection with an impending Corporate
Transaction that is actually consummated, the Company terminates Executive’s employment for any reason other than Cause, death or Total Disability or Executive resigns for Good Reason. The Company’s Board of Directors shall determine in
good faith whether such a termination or resignation is occurring in connection with an impending Corporate Transaction. However, such a termination or resignation shall in any event be deemed to be in connection with an impending Corporate
Transaction if such termination or resignation (i) is required by the merger agreement or other instrument relating to such Corporate Transaction or (ii) is made at the express request of the other party (or parties) to the transaction constituting
such Corporate Transaction. 
  
 IN WITNESS WHEREOF, each of the parties has
executed this Agreement, in the case of the Company by its duly authorized officer, as of the day and year first above written. 
  

	
	 EXECUTIVE:

	
	 /s/ Edward J. Borey

	 Edward J. Borey

	
	 WATCHGUARD TECHNOLOGIES, INC.:

	
	 /s/ Michael C. Piraino

	 By: Michael C. Piraino

	 As Its: Vice President and General Counsel

  

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