Document:

exv10w13

Exhibit 10.13

RESOLUTE ENERGY CORPORATION

RESTRICTED STOCK GRANT AGREEMENT

(Non-Employee Directors)

     This Restricted Stock Grant Agreement (this “Agreement”) between RESOLUTE ENERGY
CORPORATION (the “Corporation”) and [                    ] (“Participant”) is dated effective
[                    ] (the “Date of Grant”).

RECITALS

     A. The Corporation has adopted the Resolute Energy Corporation 2009 Performance Incentive Plan
(the “Plan”);

     B. The Plan provides for the granting of restricted stock awards to eligible persons as
determined by the Administrator; and

     C. The Administrator has determined that Participant is a person eligible to receive a
restricted stock award under the Plan and has determined that it would be in the best interests of
the Corporation to grant the restricted stock award provided for herein.

AGREEMENT

1. Grant of Restricted Stock.

     (a) Stock. Pursuant to the Plan, Participant is hereby awarded [___] shares of the
Corporation’s common stock (the “Common Stock”), subject to the conditions of the Plan and
this Agreement (the “Restricted Stock”).

     (b) Plan Incorporated. Participant acknowledges receipt of a copy of the Plan, and
agrees that, except as contemplated by Section 11 below, this award of Restricted Stock shall be
subject to all of the terms and conditions set forth in the Plan, including future amendments
thereto, if any, pursuant to the terms thereof, which Plan is incorporated herein by reference as a
part of this Agreement. Except as defined herein, capitalized terms shall have the same meanings
ascribed to them under the Plan.

2. Vesting and Forfeiture.

     (a) Vesting Schedule. Participant shall vest in his rights under the Restricted Stock
pursuant to the following schedule (each date upon which vesting occurs being referred to herein as
a “Vesting Date”):

	 	 	 	 	 
	 	 	 	 	 
	Date	 	Number of Shares Vested

 

 

     (b) Continuing Provision of Services. Vesting pursuant to the foregoing schedule
shall occur on a Vesting Date only if Participant continues to provide services to the Corporation
from the Date of Grant to such Vesting Date. If the Participant ceases to provide services to the
Corporation at any time prior to the final Vesting Date, except as provided below, all unvested
Restricted Stock shall be forfeited immediately on the date that Participant’s service is
terminated, and the Participant shall have no further rights with respect to such Restricted Stock.

     (c) Acceleration of Vesting on Death or Disability. Notwithstanding the foregoing,
all unvested Restricted Stock shall vest effective immediately upon the death or Disability (as
defined) of the Participant. For purposes of this Agreement, “Disability” means: (A) if
the Participant’s employment with the Corporation is subject to the terms of an employment
agreement between the Participant and the Corporation, which employment agreement includes a
definition of “Disability,” the term “Disability” as used in this Agreement shall have the meaning
set forth in such employment agreement during the period that such employment agreement remains in
effect; and (B) in the absence of such an agreement, the term “Disability” shall mean a physical or
mental infirmity which impairs the Participant’s ability to substantially perform his or her duties
for a period of 180 consecutive days.

     (d) Accelerated Vesting of Restricted Stock. As provided in Section 7.3 of the Plan,
if the Corporation undergoes a Change in Control Event, any unvested Restricted Stock held by
Participant will become fully vested.

3. Issuance and Limits on Transferability. Shares of Restricted Stock shall not be
transferable except by will or the laws of descent and distribution or pursuant to a beneficiary
designation, or as otherwise permitted by Section 5.7 of the Plan. No right or benefit hereunder
shall in any manner be liable for or subject to any debts, contracts, liabilities, or torts of
Participant. Any purported assignment, alienation, pledge, attachment, sale, transfer or other
encumbrance of shares of unvested Restricted Stock that does not satisfy the requirements of this
Agreement and the Plan shall, prior to the lapse of the restrictions on such shares pursuant to
Section 2, be void and unenforceable against the Corporation.

4. Certificates. A certificate evidencing the Restricted Stock may be issued by the
Corporation in Participant’s name, or at the option of the Corporation, in the name of a nominee of
the Corporation, pursuant to which Participant shall have voting rights and shall be entitled to
receive all dividends until the Restricted Stock is otherwise forfeited pursuant to the provisions
of this Agreement. The certificate shall bear a legend evidencing the nature of the Restricted
Stock, and the Corporation may cause the certificate to be delivered upon issuance to the Secretary
of the Corporation or to such other depository as may be designated by the Corporation as a
depository for safekeeping until the Vesting Date or a forfeiture occurs pursuant to the terms of
the Plan and this Agreement. Upon the request of the Administrator, Participant shall deliver to
the Corporation a stock power, endorsed in blank, relating to the unvested Restricted Stock.
Additionally, in lieu of issuing a certificate evidencing the Restricted Stock, the Company may
issue such stock by establishing a restricted stock file with its transfer agent evidencing such
Restricted Stock prior to the lapsing of the applicable restriction. Upon a Vesting Date, the

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Corporation shall cause a certificate or certificates to be issued without legend in the name of
Participant for the vested Restricted Stock. Notwithstanding any other provisions of this
Agreement, the issuance or delivery of any shares of Restricted Stock (whether subject to
restrictions or unrestricted) may be postponed for such period as may be required to comply with
applicable requirements of any national securities exchange or any requirements under any law or
regulation applicable to the issuance or delivery of such shares. The Corporation shall not be
obligated to issue or deliver any shares of Restricted Stock if the issuance or delivery thereof
shall constitute a violation of any provision of any law or of any regulation of any governmental
authority or any national securities exchange.

5. Status of Stock. Participant agrees that the Restricted Stock will not be sold or
otherwise disposed of in any manner that would constitute a violation of any applicable federal or
state securities laws. Participant also agrees (i) to the extent the shares are certificated, that
the certificates representing the Restricted Stock may bear such legend or legends as the
Corporation deems appropriate in order to assure compliance with applicable securities laws, (ii)
that the Corporation may refuse to register the transfer of the Restricted Stock on the stock
transfer records of the Corporation if such proposed transfer would, in the opinion of counsel
satisfactory to the Corporation, constitute a violation of any applicable securities law and (iii)
that the Corporation may give related instructions to its transfer agent, if any, to stop
registration of the transfer of the Restricted Stock.

6. Withholding. In order to comply with all applicable federal or state income tax laws or
regulations, the Corporation may take such action as it deems appropriate to ensure that all
applicable federal or state payroll, withholding, income or other taxes, which are the sole and
absolute responsibility of Participant, are withheld or collected from Participant. In accordance
with the terms of the Plan, and such rules as may be adopted by the Administrator under the Plan,
Participant may elect to satisfy Participant’s federal and state tax withholding obligations
arising from the receipt of, or the lapse of restrictions relating to, the Restricted Stock, by (i)
delivering cash, check (bank check, certified check or personal check) or money order payable to
the Corporation, (ii) having the Corporation withhold a portion of the Restricted Stock otherwise
to be delivered having a Fair Market Value equal to the amount of such taxes, (iii) delivering to
the Corporation shares of Common Stock already owned by Participant having a Fair Market Value
equal to the amount of such tax withholding, or (iv) allowing the Corporation to deduct from any
amount otherwise payable in cash to the Participant the amount of such tax withholding. The
delivery of any shares under the preceding subsection (iii) must have been owned by Participant for
no less than six months prior to the date delivered to the Corporation if such shares were acquired
upon the exercise of an option or upon the vesting of restricted stock units or other restricted
stock. The Corporation will not deliver any fractional shares of Common Stock but will pay, in
lieu thereof, the Fair Market Value of such fractional shares of Common Stock. Participant’s
election must be made on or before the date that the amount of tax to be withheld is determined, or
else the Corporation shall be entitled to elect the method in which Participant’s federal and state
withholding obligations shall be satisfied.

7. Tax Election. The Corporation has advised Participant to seek Participant’s own tax and
financial advice with regard to the federal and state tax considerations resulting from
Participant’s receipt of Restricted Stock pursuant to this Agreement. Participant is making
Participant’s own determination as to the advisability of making a Section 83(b) election with

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respect to the Restricted Stock. Participant understands that the Corporation will report to
appropriate taxing authorities the payment to Participant of compensation income either (i) upon
the vesting of the Restricted Stock or (ii) if Participant makes a timely Section 83(b) election,
as of the Date of Grant. Participant understands that he or she is solely responsible for the
payment of all federal and state taxes resulting from this grant of Restricted Stock. With respect
to tax withholding amounts, the Corporation has all of the rights specified in Section 6 of this
Agreement and has no obligations to Participant except as expressly stated in Section 6 of this
Agreement.

8. Binding Effect. This Agreement shall bind Participant and the Corporation and their
beneficiaries, survivors, executors, administrators and transferees.

9. Applicable Law. This Agreement shall be governed by and construed and enforced in
accordance with the laws of the State of Delaware without regard to conflict of law principles
thereunder.

10. Conflicts and Interpretation. In the event of any conflict between this Agreement and
the Plan, this Agreement shall control. In the event of any ambiguity in this Agreement, or any
matters as to which this Agreement is silent, the Plan shall govern including, without limitation,
the provisions thereof pursuant to which the Administrator has the power, among others, to (i)
interpret the Plan, (ii) prescribe, amend and rescind rules and regulations relating to the Plan
and (iii) make all other determinations deemed necessary or advisable for the administration of the
Plan.

11. Amendment. The Corporation may modify, amend or waive the terms of the Restricted
Stock award, prospectively or retroactively, but no such modification, amendment or waiver shall
impair the rights of Participant without his or her consent, except as required by applicable law,
NYSE or stock exchange rules, tax rules or accounting rules. Prior to the effectiveness of any
modification, amendment or waiver required by tax or accounting rules, the Corporation will provide
notice to Participant and the opportunity for Participant to consult with the Corporation regarding
such modification, amendment or waiver. The waiver by either party of compliance with any
provision of this Agreement shall not operate or be construed as a waiver of any other provision of
this Agreement, or of any subsequent breach by such party of a provision of this Agreement.

12. Defined Terms. All terms used herein and not otherwise defined herein shall have the
meanings set forth therefor in the Plan.

[Signature Page Follows.]

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IN WITNESS WHEREOF, the parties have executed this Restricted Stock Grant Agreement as of the
date first written above.

	 	 	 	 	 
	 	RESOLUTE ENERGY CORPORATION

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

	 	 	 	 	 
	 	PARTICIPANT:

 	 
	 	

 	 
	 	[NAME]exv10w14

Exhibit 10.14

FORM OF

CONFIDENTIALITY AND NONCOMPETE AGREEMENT

     This CONFIDENTIALITY AND NONCOMPETE AGREEMENT (this “Agreement”), dated as of January 23,
2004, is made by and among Resolute Holdings, LLC, a Delaware limited liability company, and its
subsidiary Resolute Natural Resources Company, a Delaware corporation (together, the “Company”),
and                      (“Employee”).

WITNESSETH:

     WHEREAS, the Company and its subsidiary have been recently created and organized in connection
with a proposed transaction (the “Proposed Transaction”) in which Natural Gas Partners VII, L.P., a
Delaware limited partnership (“NGP”), and others will each purchase Equity Units (as defined in the
Company’s operating agreement) of the Company (the “Membership Interests”);

     WHEREAS, in connection with the consummation of the Proposed Transaction, the Company and/or
one or more of the Company’s subsidiaries (collectively, the “Related Parties”) plans to employ
Employee on an “at-will” basis and to grant to Employee certain Incentive Interests in the Company
(“Incentive Interests”);

     WHEREAS, Employee desires to be employed on such basis and to receive the Incentive Interests;

     WHEREAS, Employee acknowledges that, in the course of his employment by the Related Parties
and performance of services on behalf of the Related Parties, he will become privy to various
business opportunities, economic and trade secrets and relationships of the Related Parties; and

     WHEREAS, it is a condition to (i) the consummation of the Proposed Transaction, and (ii) the
employment of Employee by the Related Parties and the provision to Employee of the Incentive
Interests, that Employee enter into a confidentiality and noncompete agreement on the terms and
conditions hereinafter set forth;

     NOW, THEREFORE, in consideration of, and as a material inducement to, NGP’s consummation of
the Proposed Transaction, and in consideration of the employment of Employee by the Related Parties
and the Company’s provision of the Incentive Interests to Employee, as well the Related Parties
providing access to confidential information and training, the Company and Employee, intending to
be legally bound, hereby agree as follows:

     1. Business Opportunities and Intellectual Property.

     (a) Employee shall promptly disclose to the Company all Business Opportunities and
Intellectual Property (as defined below) that exist on the date hereof or become such during the
Employment Term or the Post Termination Noncompete Term.

 

 

     (b) Employee hereby assigns and agrees to assign to the Company, its successors, assigns, or
designees, all of Employee’s right, title, and interest in and to all Business Opportunities and
Intellectual Property that exist on the date hereof or become such during the Employment Term or
the Post Termination Noncompete Term, and further acknowledges and agrees that all Business
Opportunities and Intellectual Property that exist on the date hereof or become such during the
Employment Term or the Post Termination Noncompete Term constitute the exclusive property of the
Company.

     (c) For purposes hereof, “Business Opportunities” shall mean all business ideas, prospects,
proposals and other opportunities pertaining to the lease, acquisition, exploration, production,
gathering or marketing of hydrocarbons and related products and the exploration potential of
geographical areas on which hydrocarbon exploration prospects are located, that are:

     (i) developed by Employee: (A) during the period that Employee is employed by any of
the Related Parties (the “Employment Term”), or (B) before the Employment Term, if such
opportunities were developed in connection with (I) assets that have been sold or
contributed to the Company by Employee, or (II) Employee’s activities in the oil and gas
industry, directly or indirectly, related to the Related Parties’ properties or assets
acquired during the Employment Term; and

     (ii) originated by any third parties and brought to the attention of Employee, whether
before or during the Employment Term, except to the extent that (I) such opportunities are
not applicable, directly or indirectly, to any of the Related Parties’ properties or assets
acquired during the Employment Term, and (II) third parties possess valid and enforceable
rights to such opportunities;

together with information relating thereto, including, without limitation, the “Related Parties’
Business Records” (as defined below).

     (d) For purposes hereof “Intellectual Property” shall mean all ideas, inventions, discoveries,
processes, designs, methods, substances, articles, computer programs, and improvements (including,
without limitation, enhancements to, or further interpretation or processing of, information that
was in the possession of Employee prior to the date of this Agreement), whether or not patentable
or copyrightable, which do not fall within the definition of Business Opportunities, and which are
discovered, conceived, invented, created, or developed by Employee, alone or with others if such
discovery, conception, invention, creation, or development (i) occurs in the course of Employee’s
employment with the Related Parties, or (ii) occurs with the use of any of the Related Parties’
time, materials, assets or facilities (including assets sold or contributed to the Company by
Employee), or (iii) in the opinion of at least a majority of the Managers of the Company, relates
or pertains in any way to the Related Parties’ properties or assets acquired during the Employment
Term, except to the extent that any third party possesses a valid and enforceable right to such
Intellectual Property.

     2. NonCompete Obligations During Employment Term.

     (a) Except as set forth in subsection (b) hereof and in the Disclosure Schedule, Employee
agrees that during the Employment Term:

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     (i) Employee will not, other than through the Related Parties, engage or participate in
any manner, whether directly or indirectly through any family member or as an employee,
employer, consultant, agent, principal, partner, more than two percent equity-holder,
officer, director, licensor, lender, lessor or in any other individual or representative
capacity, in any business or activity which is engaged in leasing, acquiring, exploring,
producing, gathering or marketing hydrocarbons and related products; and

     (ii) all investments made by Employee (whether in Employee’s own name or in the name of
any family members or made by any Controlled Affiliates, as defined below), which relate to
the lease, acquisition, exploration, production, gathering or marketing of hydrocarbons and
related products shall be made solely through the Related Parties; and Employee will not
(directly or indirectly through any family members), and will not permit any Controlled
Affiliate to: (A) invest or otherwise participate alongside the Related Parties in any
Business Opportunities, or (B) invest or otherwise participate in any business or activity
relating to a Business Opportunity, regardless of whether any of the Related Parties
ultimately participates in such business or activity.

For purposes hereof, “Controlled Affiliates” are entities in which Employee and Employee’s
family members collectively own, directly or indirectly, a majority of the equity or voting
interests. The restrictions of this Section 2(a) do not apply to purely passive
investments in public companies that do not exceed two percent of the outstanding equity
interest in the applicable company.

     (b) Employee represents that neither Employee nor his Controlled Affiliates or his immediate
family members (i.e., his spouse and minor children living in Employee’s household) own any
investments or interests which relate to the lease, acquisition, exploration, production, gathering
or marketing of hydrocarbons and related products, other than Employee’s interest in the Company.
This paragraph shall not apply to, and the Employee shall be entitled to hold and acquire purely
passive investments in public companies in the energy industry provided such investments do not
exceed two percent of the outstanding equity securities of any company.

     3. Confidentiality Obligations.

     (a) Employee hereby acknowledges that all trade secrets and confidential or proprietary
information of the Related Parties (collectively referred to herein as “Confidential Information”)
constitute valuable, special and unique assets of the Related Parties’ business, and that access to
and knowledge of such Confidential Information is essential to the performance of Employee’s
duties. Employee agrees that during the Employment Term and during the eighteen month period
following the date of termination of Employee’s employment (the “Termination Date”), Employee will
hold the Confidential Information in strict confidence and will not publish, disseminate or
otherwise disclose, directly or indirectly, to any person other than the Related Parties and their
respective officers, directors and employees, any Confidential Information or use any Confidential
Information for Employee’s own personal benefit or for the benefit of anyone other than the Related
Parties. The Company agrees to provide Confidential Information to Employee in exchange for
Employee’s agreement to keep such Confidential Information, and any Confidential Information to
which Employee has already become privy, in strict confidence as provided in this Agreement.

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     (b) For purposes of this Section 3, it is agreed that Confidential Information includes,
without limitation, any information heretofore or hereafter acquired, developed or used by any of
the Related Parties relating to Business Opportunities or Intellectual Property or other
geological, geophysical, economic, financial or management aspects of the business, operations,
properties or prospects of the Related Parties whether oral or in written form, whether or not
included in the Related Parties’ Business Records, but shall exclude any information which (A) is
or has become part of common knowledge or understanding in the oil and gas industry or otherwise in
the public domain (other than from disclosure by Employee in violation of this Agreement), (B) was
rightfully in the possession of Employee, as shown by Employee’s records, prior to the date of this
Agreement and which is not directly applicable to the business of the Company or any of its
properties or assets, (C) is lawfully acquired by Employee after the Employment Term from any third
party not bound by an obligation of confidence to the disclosing party; or (D) is independently
developed by or for the Employee after the Employment Term without using the Confidential
Information of the Related Parties; provided, however, that Employee shall provide to the Company
copies of all information described in clause (B) to the extent reasonably requested by the
Company; provided further, however, that this Section 3 shall not be applicable to the extent (1)
Employee is required to testify in a judicial or regulatory proceeding pursuant to the order of a
judge or administrative law judge after Employee requests that such Confidential Information be
preserved or (2) Employee receives a valid and effective subpoena, interrogatory or other legally
enforceable request for information in connection with a judicial process.

     4. Obligations After Termination Date.

     (a) The purpose of the provisions of Section 2 and this Section 4 are to protect the Company
from unfair loss of goodwill and business advantage and to shield Employee from pressure to use or
disclose Confidential Information or to trade on the goodwill belonging to the Company.
Accordingly, during the Post-Termination Noncompete Term (as defined below), Employee will not
engage or participate in any manner, whether directly or indirectly through any family member or as
an employee, employer, consultant, agent, principal, partner, shareholder, officer, director,
licensor, lender, lessor or in any other individual or representative capacity, in any business or
activity which is engaged in leasing, acquiring, exploring, producing, gathering or marketing
hydrocarbons and related products in an area that is within a ten (10) mile radius of the
boundaries of, any mineral property interest of any of the Related Parties (including, without
limitation, a mineral lease, overriding royalty interest, production payment, net profits interest,
mineral fee interest, or option or right to acquire any of the foregoing, or an area of mutual
interest as designated pursuant to contractual agreements between the Related Party and any third
party) or any other property on which the Related Parties have, or are in the process of
negotiating, an option, right, license, or authority to conduct or direct exploratory activities,
such as three dimensional seismic acquisition or other seismic, geophysical and geochemical
activities (but not including any preliminary geological mapping), as of the Termination Date;
provided that, this Section 4 shall not preclude Employee from making personal investments in
securities of oil and gas companies which are registered on a national stock exchange or on The
Nasdaq Stock Market, if the aggregate amount owned by Employee and all family members and
affiliates does not exceed 2% of such company’s outstanding securities.

     (b) For purposes hereof, the “Post Termination Noncompete Term” is:

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     (i) the 18 month period following the Termination Date, if (A) Employee voluntarily
resigned or otherwise voluntarily terminated his/her position as an officer or employee of
the Related Parties, unless the Employee’s resignation follows the Related Parties’
reduction of Employee’s annual salary, (B) Employee’s employment by the Related Parties was
terminated for Cause, or (C) Employee breached in any material respect any of the provisions
of Sections 3, 4 or 5 hereof; or

     (ii) in the event that (A) Employee’s services as an officer or employee are terminated
by a Related Party other than for Cause or (B) Employee voluntarily resigned or otherwise
voluntarily terminated his/her position following a reduction of Employee’s annual salary by
a Related Party, and in either case, (C) Employee is not in breach in any material respect
of any of the provisions of Section 3, 4 or 5 hereof, the period during which the Company
makes Severance Payments (as defined below) to Employee, the length of which shall be
determined by the Company at its discretion, but in no event to be longer than 18 months
following the Termination Date.

     (c) For purposes hereof, the term Severance Payments shall mean a monthly payment that is
equal to the regular monthly salary that Employee was receiving from the Related Parties
immediately before the Termination Date (which in no event shall be less than Employee’s regular
monthly salary or monthly salary in effect immediately prior to the reduction that preceded
Employee’s resignation, if applicable), and such Severance Payments shall be payable at the same
times as Employee’s regular salary was paid immediately before the Termination Date.

     (d) For purposes hereof, “Cause” means any of the following: (i) Employee’s conviction of, or
plea of nolo contendere to, any felony or to any crime or offense causing substantial harm to the
Company or its affiliates or involving acts of theft, fraud, embezzlement, moral turpitude or
similar conduct; (ii) Employee’s repeated intoxication by alcohol or drugs during the performance
of Employee’s duties in a manner that materially and adversely affects Employee’s performance of
such duties; (iii) malfeasance in the conduct of Employee’s duties, including, but not limited to,
(A) willful and intentional misuse or diversion of funds of the Company or its affiliates, (B)
embezzlement, or (C) fraudulent or willful and material misrepresentations or concealments on any
written reports submitted to the Company or its affiliates; (iv) Employee’s material violation of
any provision of the Voting and Members Agreement of even date herewith among Employee, the Company
and others that remains uncured for a period of 30 days after notice thereof; or (v) Employee’s
material failure to perform the duties of Employee’s employment or engagement or material failure
to follow or comply with the reasonable and lawful written directives of the managing Boards of the
Company, in either case after Employee shall have been informed, in writing, of such material
failure and given a period of not less than 60 days to remedy same.

     (e) The Company shall not be obligated to make Severance Payments if Section 4(b)(ii) above
applies; however, if the Company elects not to make such payments there shall be no Post
Termination Noncompete Term under Section 4(b)(ii). If the Company does elect to make Severance
Payments under Section 4(b)(ii), it must notify Employee of such decision no later than five
business days after the Termination Date. Thereafter, the Company shall be entitled to cease
making Severance Payments at any time and for any reason, but only upon at least 30 days advance
written notice to Employee, at which time the Post Termination

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Noncompete Term shall end. Employee acknowledges that any Severance Payments made to Employee
under Section 4(b)(ii) above, as well as the Company’s agreement to provide Confidential
Information to Employee, will constitute adequate consideration for Employee’s agreements set forth
in Section 4(a) above.

     (f) Employee will not, during the eighteen month period following the Termination Date,
solicit, entice, persuade or induce, directly or indirectly, any employee (or person who within the
preceding 90 days was an employee) of any of the Related Parties or any other person who is under
contract with or rendering services to any of the Related Parties, to (i) terminate his or her
employment by, or contractual relationship with, such person, (ii) refrain from extending or
renewing the same (upon the same or new terms), (iii) refrain from rendering services to or for
such person, (iv) become employed by or enter into contractual relations with any Persons other
than such person, or (v) enter into a relationship with a competitor of any of the Related Parties.

     5. Business Records.

     (a) Employee agrees to promptly deliver to the Company, upon termination of Employee’s
employment by the Related Parties, or at any other time when the Company so requests, all documents
in existence on the Termination Date relating to the business of the Related Parties, including,
without limitation: all geological and geophysical reports and related data such as maps, charts,
logs, seismographs, seismic records and other reports and related data, calculations, summaries,
memoranda and opinions relating to the foregoing, production records, electric logs, core data,
pressure data, lease files, well files and records, land files, abstracts, title opinions, title or
curative matters, contract files, notes, records, drawings, manuals, correspondence, financial and
accounting information, customer lists, statistical data and compilations, patents, copyrights,
trademarks, trade names, inventions, formulae, methods, processes, agreements, contracts, manuals
or any other documents relating to the business of the Related Parties (collectively, the “Related
Parties’ Business Records”), and all copies thereof and therefrom.

     (b) Employee confirms that all of the Related Parties’ Business Records (and all copies
thereof and therefrom) that are required to be delivered to the Company pursuant to this Section 5
constitute the exclusive property of the Company and the other Related Parties.

     (c) The obligation of confidentiality set forth in Section 3 shall continue notwithstanding
Employee’s delivery of any such documents to the Company.

     (d) Notwithstanding the foregoing provisions of this Section 5 or any other provision of this
Agreement, Employee shall be entitled to retain any written materials which, as shown by Employee’s
records, were in Employee’s possession on or prior to the date hereof, subject to the Company’s
right to receive a copy of such materials or, in lieu thereof, proof that such materials were in
existence on the date hereof.

     (e) The provisions of this Section 5 shall continue in effect notwithstanding termination of
Employee’s employment for any reason.

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     6. Miscellaneous.

     (a) The invalidity or non-enforceability of any provision of this Agreement in any respect
shall not affect the validity or enforceability of this Agreement in any other respect or of any
other provision of this Agreement. In the event that any provision of this Agreement shall be held
invalid or unenforceable by a court of competent jurisdiction by reason of the geographic or
business scope or the duration thereof, such invalidity or unenforceability shall attach only to
the scope or duration of such provision and shall not affect or render invalid or unenforceable any
other provision of this Agreement, and, to the fullest extent permitted by law, this Agreement
shall be construed as if the geographic or business scope or the duration of such provision had
been more narrowly drafted so as not to be invalid or unenforceable.

     (b) Employee acknowledges that the Company’s remedy at law for any breach of the provisions of
this Agreement is and will be insufficient and inadequate and that the Company shall be entitled to
equitable relief, including by way of temporary and permanent injunction, in addition to any
remedies the Company may have at law.

     (c) The representations and covenants contained in this Agreement on the part of Employee will
be construed as ancillary to and independent of any other agreement between the Company and
Employee, and, except as set forth in this Agreement, the existence of any claim or cause of action
of Employee against the Company or any of the other Related Parties or any officer, director, or
shareholder of the Company or any of the other Related Parties, whether predicated on Employee’s
employment or otherwise, shall not constitute a defense to the enforcement by the Company of the
covenants of Employee contained in this Agreement. In addition, the provisions of this Agreement
shall continue to be binding upon Employee in accordance with their terms, notwithstanding the
termination of Employee’s employment for any reason.

     (d) The parties to this Agreement agree that the limitations contained in Section 4 with
respect to time, geographical area, and scope of activity are reasonable. However, if any court
shall determine that the time, geographical area, or scope of activity of any restriction contained
in Section 4 is unenforceable, it is the intention of the parties that such restrictive covenant
set forth herein shall not thereby be terminated but shall be deemed amended to the extent required
to render it valid and enforceable.

     (e) All notices or other communications required or permitted to be given under this Agreement
shall be in writing and shall be duly given if personally delivered or on the third day after being
sent postage pre-paid by certified or registered mail, return receipt requested or by telecopy as
follows: (a) if addressed to Employee, at the address or telecopy number furnished to the Company
by Employee, or (b) if addressed to the Company, at its principal place of business or at its
telecopy number at such address, to the attention of the President. Either party may change its
address or telecopy number set forth above by giving the other party notice of such change in
accordance with the provisions of this Section 6(e). A notice shall be deemed given, if by
personal delivery or expedited delivery service, on the date of such delivery to such address, if
by certified mail, on the date of receipt, refusal or first attempted date of delivery if
unclaimed, or if by telecopy, on the date of receipt of the transmission of such notice at such
telecopy number.

7

 

     (f) This Agreement may not be altered or amended except by a writing, duly executed by the
party against whom such alteration or amendment is sought to be enforced.

     (g) The parties agree that this Agreement shall be governed by and construed in accordance
with the internal laws of the State of Delaware (without regard to rules or principles of conflicts
of law requiring the application of the law of another State).

     (h) This Agreement constitutes the entire agreement between the parties hereto with respect to
the subject matter hereof and supersedes all prior agreements and understandings, both written and
oral, between the parties with respect to the subject matter hereof.

     (i) This Agreement may be executed in counterparts, each of which shall be an original and all
of which together shall constitute one and the same instrument.

     (j) This Agreement and the obligations of the parties hereunder shall be terminate if the
Company ceases to conduct business as a result of the failure of Resolute Holdings, LLC to drawn
upon the capital commitments of the “Purchasers” (as defined in the Operating Agreement of
Resolute Holdings, LLC) and use the proceeds thereof to purchase material energy industry assets.

     IN WITNESS WHEREOF, each of the parties hereto has executed this Agreement in multiple
counterparts as of the day and year first above written.

	 	 	 	 	 
	 	RESOLUTE HOLDINGS, LLC

 	 
	 	By:  	 	 
	 	 	Nicholas J. Sutton, CEO 	 
	 	 	 	 
	 
	 	RESOLUTE NATURAL RESOURCES COMPANY

 	 
	 	By:  	 	 
	 	 	Nicholas J. Sutton, CEO 	 
	 	 	 	 
	 
	 	EMPLOYEE:

[name]

 	 
	 	 	 
	 	 	 
	 	 	 

8

 

	 	 	 	 	 

Disclosure Schedule

None.

9

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