Document:

Form of Release and Separation Agreement

 Exhibit 10.7 
 RELEASE AND SEPARATION AGREEMENT 
 This Release and Separation Agreement
(“Agreement”) is being entered into by                          (“Employee”) and Cheniere
Energy, Inc. (the “Company”) in order to further the mutually desired terms and conditions set forth herein. The term “Company” shall include Cheniere Energy, Inc., its present and former parents, trusts, plans, direct or
indirect subsidiaries, affiliates and related companies or entities, regardless of its or their form of business organization. 
  

	 	1.	For and in consideration for Employee’s execution of this Agreement, the Company agrees to the following: 

  

	 	a.	Pay Employee                      and 00/100 Dollars
($            ) in a single lump sum payment, less all standard tax withholding deductions; and 

  

	 	b.	Within fifteen (15) days of the expiration of the seven (7) day revocation period, accelerate vesting on
             Restricted Shares which would not have otherwise vested upon Employee’s termination pursuant to the terms of Employee’s Restricted Stock Grant Agreement(s).
Upon the accelerated vesting of Employee’s Restricted Shares, any issuance of common stock shall not be made until appropriate arrangements have been made by Employee for the payment of any tax amounts (federal, state, local or other) that may
be required to be withheld or paid by the Company. 

  

	 	c.	[Within fifteen (15) days of the expiration of the seven (7) day revocation period, accelerate vesting on
             Non-Qualified Stock Options (“NQSOs”) which would not have otherwise vested upon Employee’s termination pursuant to the terms of Employee’s
Non-Qualified Stock Option Grant Agreement(s). These NQSOs are fully vested and Employee shall be able to exercise all or a portion of these NQSOs at Employee’s discretion, subject to any applicable insider trading restrictions. Employee
understands that Employee has a period of six (6) months from the Date of Termination to exercise these vested NQSOs unless they terminate earlier by their own terms. Any portion of these NQSOs not exercised by the earlier of the expiration of
their term or six (6) months from the Date of Termination shall be forfeited. Such NQSOs shall continue to be governed by the terms and conditions of the applicable plans from which they were granted and the applicable grant letter
(collectively, such amounts shall constitute the “Separation Payment”).] 

 Except as provided in Paragraph 2 below, these payments represent the exclusive amount to be paid to Employee by the Company, in connection with or arising out of his or her employment with the Company and/or his or
her termination of employment with the Company, and no further amounts shall be required for any items, including, but not limited to, attorneys’ fees. All amounts payable under this Agreement will be paid at the time provided for herein, but
in no event later than March 15th of the calendar year following the 

  

			
		  	 
		  	Cheniere
	Release and Separation Agreement, p. 1	  	
		  	 
		  	[NAME OF EMPLOYEE]

 
calendar year in which Employee terminates employment with the Company as contemplated by this Agreement. It is intended that payment under this Agreement
will not constitute deferred compensation as described in Section 409A of the Internal Revenue Code of 1986, as amended by reason of the provisions of Treasury Regulation Section 1.409A-1(b)(4). 
  

	 	2.	Employee, on behalf of himself or herself, his or her heirs, beneficiaries and personal representatives, hereby releases, acquits and forever discharges the Company, its owners,
officers, predecessors, employees, former employees, shareholders, directors, partners, attorneys, agents and assignees, and all other persons, firms, partnerships, or corporations in control of, under the direction of, or in any way presently or
formerly associated with the Company of and from all claims, charges, complaints, liabilities, obligations, promises, agreements, contracts, damages, actions, causes of action, suits, accrued benefits or other liabilities of any kind or character,
whether known or hereafter discovered, arising from or in any way connected with or related to Employee’s employment with the Company and/or Employee’s termination of employment with the Company, including, but not limited to, allegations
of wrongful termination, discrimination, retaliation, breach of contract, anticipatory breach, fraud, conspiracy, promissory estoppel, retaliatory discharge, constructive discharge, discharge in violation of any law, statute, regulation or ordinance
providing whistleblower protection, discharge in violation of public policy, intentional infliction of emotional distress, negligent infliction of emotional distress, defamation, harassment, sexual harassment, invasion of privacy, any action in tort
or contract, any violation of any federal, state, or local law, including, but not limited to, any violation of Title VII of the Civil Rights Act of 1964, as amended, 42 U.S.C. § 2000e et seq., the Civil Rights Act of 1866, 42
U.S.C. § 1981, the Equal Pay Act, 29 U.S.C. § 206, the Employee Retirement Income Security Act of 1974, 29 U.S.C. § 1001 et seq., the Americans with Disabilities Act, 42 U.S.C. § 12101 et seq., the Age
Discrimination in Employment Act of 1967, as amended (“ADEA”), 29 U.S.C. § 621 et seq., the Family and Medical Leave Act, 29 U.S.C. § 2601 et seq., the Fair Credit Reporting Act, 15 U.S.C. § 1681, et
seq., the Sarbanes-Oxley Act, 18 U.S.C. § 1514A et seq., the Worker Adjustment and Retraining Notification Act, 29 U.S.C. §§ 2101-2109, the Texas Commission on Human Rights Act,
TEX. LAB. CODE § 21.001, et. seq., the Texas Workers’ Compensation Act, TEX. LAB. CODE §§ 451.001-451.003, the
Texas Payday Act, TEX. LAB. CODE § 61.011, et seq., or any other employment or civil rights act, and any and all claims for severance pay or benefits under any compensation, cash award,
or employee benefit plan, program, policy, contract, agreement or other arrangement of the Company, but excluding any claim for unemployment compensation, any claim for workers’ compensation benefits, and any benefits which Employee is entitled
to receive under any Company plan that is a qualified plan under IRC § 401(a) or is a group health plan subject to COBRA. COBRA continuation coverage is available to participants and their beneficiaries who participate in the Company’s
group health plan, to the extent the participant properly elects and pays for such COBRA continuation coverage. A COBRA continuation of coverage package will be sent directly to participants from the Company’s administrative vendor.

  

			
		  	 
		  	Cheniere
	Release and Separation Agreement, p. 2	  	
		  	 
		  	[NAME OF EMPLOYEE]

	 	3.	Employee agrees not to commence any legal proceeding or lawsuit against the Company arising out of or based upon Employee’s employment with the Company or the termination of
Employee’s employment with the Company. 

  

	 	4.	The consideration cited above and the promises contained herein are made for the purpose of purchasing the peace of the Company and are not to be construed as an admission of
liability or as evidence of unlawful conduct by the Company, all liability being expressly denied. 

  

	 	5.	Employee voluntarily accepts the consideration cited herein, as sufficient payment for the full, final and complete release stated herein, and agrees that no other promises or
representations have been made to Employee by the Company or any other person purporting to act on behalf of the Company, except as expressly stated herein. 

  

	 	6.	Employee understands that this is a full, complete, and final release of the Company. As evidenced by the signature below, Employee expressly promises and represents to the Company
that he or she has completely read this Agreement and understands its terms, contents, conditions, and effects. 

  

	 	7.	Employee is advised to consult with an attorney prior to executing this Agreement. Employee understands that he or she has the right to consult an attorney of Employee’s choice
and has consulted with an attorney or has knowingly and voluntarily decided not to do so. 

  

	 	8.	Employee states that he or she is not presently affected by any disability which would prevent Employee from knowingly and voluntarily granting this release, and further states that
the promises made herein are not made under duress, coercion or undue influence. 

  

	 	9.	Employee acknowledges that the business and services of the Company are highly specialized and that the following information is not generally known, is highly confidential, and
constitutes trade secrets: proprietary technical and business information relating to any Company plans, analyses or strategies concerning international or domestic acquisitions, possible acquisitions or new ventures; development plans or
introduction plans for products or services; unannounced products or services; operation costs; pricing of products or services; research and development; personnel information; manufacturing processes; installation, service, and distribution
procedures and processes; customer lists; any know-how relating to the design, manufacture, and marketing of any of the Company’s services and products, including components and parts thereof; non-public information acquired by the Company
concerning the requirements and specifications of any of the Company’s agents, vendors, contractors, customers and potential customers; non-public financial information, business and marketing plans, pricing and price lists; non-public matters
relating to employee benefit plans; quotations or proposals given to agents or customers or received from suppliers; documents relating to any of the Company’s legal rights and obligations; the work product of any attorney employed by or
retained by the Company; and any other information which is sufficiently secret to derive economic value from not being generally known. 

  

			
		  	 
		  	Cheniere
	Release and Separation Agreement, p. 3	  	
		  	 
		  	[NAME OF EMPLOYEE]

	 	10.	Employee shall not make or publish any disparaging statements (whether written, electronic or oral) regarding, or otherwise malign the business reputation of, the Company or any of
the Company’s directors, officers or employees. 

  

	 	11.	Employee shall maintain in the strictest confidence and will not, directly or indirectly, intentionally or inadvertently, use, publish, or otherwise disclose to any person or entity
whatever, any of the information of or belonging to the Company or to any agent, joint venture, contractor, customer, vendor, or supplier of the Company regardless of its form, without the prior written explicit consent of the Company. Employee
shall take reasonable precautions to protect the inadvertent disclosure of information. 

  

	 	12.	Employee represents that he or she has returned to the Company, except to the extent such return is excused by the Company, all expense reports, notes, memoranda, records,
documents, employment manuals, pass keys, computers, computer diskettes, office equipment, sales records and data, and all other information or property, no matter how produced, reproduced or maintained, kept by Employee in his or her possession,
used in or pertaining to the business of the Company, including but not limited to lists of customers, prices, marketing plans, Company operating manuals, documents relating to the legal rights and obligations of the Company, the work product of any
attorney retained by the Company, and other confidential materials or information obtained by Employee in the course of Employee’s employment. 

  

	 	13.	This Agreement will supersede any and all obligations the Company might otherwise owe to Employee for any act or omission whatsoever that took place, or should have taken place, on
or before the date this Agreement is signed and executed by Employee. This Agreement constitutes the entire understanding and agreement between the parties and it may only be modified or amended in a signed writing by both parties hereto.

  

	 	14.	Should any future dispute arise with respect to this Agreement, both parties agree that it should be resolved solely in accordance with the terms and provisions of this Agreement
and the laws of the State of Texas. 

  

	 	15.	Employee hereby waives all rights to recall, reinstatement, employment, reemployment, and past or future wages from the Company. Employee further agrees not to apply for employment
with the Company. Notwithstanding this Paragraph 15, nothing shall prevent the Company, in its discretion, from rehiring Employee in the future. 

  

	 	16.	 Employee understands that Employee has forty-five (45) calendar days within which to consider this Agreement and that this Agreement is revocable by Employee
for a period of seven (7) calendar days following the execution of this Agreement, and if not so revoked, will become effective and enforceable. For the revocation to be 

  

			
		  	 
		  	Cheniere
	Release and Separation Agreement, p. 4	  	
		  	 
		  	[NAME OF EMPLOYEE]

	 	 
effective, written notice of revocation must be delivered to Ann Raden, Vice President, Human Resources and Administration, Cheniere Energy, Inc.,
700 Milam Street, Suite 800, Houston, Texas 77002, no later than the close of business on the seventh day after Employee has signed this Agreement. The consideration cited in Paragraph 2 above to be delivered to Employee following the
expiration of the seven (7) day revocation period. 

  

	 	17.	Employee expressly represents and warrants to the Company that Employee has completely read this Agreement prior to executing it, has had an opportunity to review it with his or her
counsel, has been offered forty-five (45) calendar days within which to consider this Agreement and to understand its terms, contents, conditions and effects and has entered into this Agreement knowingly and voluntarily.

  

	 	18.	Employee agrees that the terms and conditions of this Agreement, including without limitation the amount of money and other consideration, shall be treated as confidential, and
shall not be revealed to any other person or entity whatsoever, except as follows: 

  

	 	a.	to the extent as may be compelled by legal process; or 

  

	 	b.	to the extent necessary to Employee’s legal or financial advisors. 

  

	 	19.	Employee agrees that the confidentiality provisions of this Agreement are a material part of it and are contractual in nature. 

 [SIGNATURE ON FOLLOWING PAGE] 
  

			
		  	 
		  	Cheniere
	Release and Separation Agreement, p. 5	  	
		  	 
		  	[NAME OF EMPLOYEE]

			
	 
	[NAME OF EMPLOYEE]
		
	Date:	 	 
	
	Cheniere Energy, Inc.
		
	By:	 	 
		 	Ann Raden
		 	Vice President Human Resources and Administration
		
	Date:	 	 

  

			
		  	 
		  	Cheniere
	Release and Separation Agreement, p. 6	  	
		  	 
		  	[NAME OF EMPLOYEE]Form of Restricted Stock Grant

 Exhibit 10.8 
 CHENIERE ENERGY, INC. 
 Amended and Restated 
 2003 STOCK INCENTIVE PLAN 
 RESTRICTED
STOCK GRANT 
 1. Grant of Restricted Shares. Cheniere Energy, Inc., a Delaware corporation (the “Company”), hereby grants
to Zurab S. Kobiashvili (“Participant”) all rights, title and interest in the record and beneficial ownership of 50,000 shares (the “Restricted Shares”) of common stock, $0.03 par value per share, of the Company (“Common
Stock”), subject to the conditions described in this grant of Restricted Stock (the “Grant”) and in the Company’s Amended and Restated 2003 Stock Incentive Plan (the “Plan”). The Restricted Shares are granted,
effective as of the effective date of your Grant (the “Grant Date”). 
 2. Issuance and Transferability. Restricted Stock
awarded under the Plan may be evidenced in such manner as the Company shall deem appropriate, including, without limitation, book-entry registration or issuance of a stock certificate or certificates. In the event any stock certificate is issued in
respect of Restricted Stock granted under the Plan, such certificate shall be registered in the name of the Participant and shall bear an appropriate legend referring to the terms, conditions and restrictions applicable to such Restricted Stock. The
Participant shall have all the rights of a stockholder with respect to such shares, including the right to vote and the right to receive dividends or other distributions paid or made with respect to such shares. Such shares are not transferable
except by will or the laws of descent and distribution or pursuant to a domestic relations order of the court in a divorce proceeding. No right or benefit hereunder shall in any manner be liable for or subject to any debts, contracts, liabilities,
or torts of Participant. 
 3. Risk of Forfeiture. Participant shall immediately forfeit all rights to any non-vested portion of the
Restricted Shares in the event of termination, resignation or removal from employment with the Company under circumstances that do not cause Participant to become fully vested under the terms of the Plan or this Grant. 
 4. Vesting. Subject to Paragraph 3 hereof, Participant shall vest in his rights under the Restricted Shares and the Company’s right to repurchase
such shares shall lapse upon the earlier of (i) the occurrence of a Change of Control or (ii) consummation by the Company, or a majority-owned subsidiary of the Company, of a significant transaction pursuant to which the Company, such
subsidiary and/or their respective equityholders receive gross consideration in excess of $200 million; provided, however, that a Change of Control or such significant transaction occurs on or prior to March 31, 2009; provided, further, that
Participant remains continuously employed by the Company until the occurrence of a Change of Control or consummation of such significant transaction. If a Change of Control or significant transaction does not occur on or prior to March 31,
2009, the Restricted Shares shall not vest and shall be forfeited back 

 
to the Company. If prior to March 31, 2009 Participant’s employment or other service with the Company or any subsidiary of the Company shall be
terminated for any reason, any Restricted Shares not then vested shall not vest (except as otherwise provided herein) and shall be forfeited back to the Company; provided, however, that any such Restricted Shares not then vested shall vest upon
the death or Disability of Participant. 
 5. Ownership Rights. Subject to the restrictions set forth in this Grant and the Plan,
Participant is entitled to all voting and ownership rights applicable to the Restricted Shares, including the right to receive any cash dividends that may be paid on the Restricted Shares. 
 6. Reorganization of the Company. The existence of this Grant shall not affect in any way the right or power of the Company or its stockholders to
make or authorize any or all adjustments, recapitalizations, reorganizations or other changes in the Company’s capital structure or its business; any merger or consolidation of the Company; any issue of bonds, debentures, preferred or prior
preference stock ahead of or affecting the Restricted Shares or the rights thereof; the dissolution or liquidation of the Company, or any sale or transfer of all or any part of its assets or business, or any other corporate act or proceeding,
whether of a similar character or otherwise. 
 7. Recapitalization Events. In the event of stock dividends, spin-offs of assets or other
extraordinary dividends, stock splits, combinations of shares, recapitalizations, mergers, consolidations, reorganizations, liquidations, issuances of rights or warrants and similar transactions or events involving the Company
(“Recapitalization Events”), then for all purposes references herein to Common Stock or to Restricted Shares shall mean and include all securities or other property (other than cash) that holders of Common Stock of the Company are entitled
to receive in respect of Common Stock by reason of each successive Recapitalization Event, which securities or other property (other than cash) shall be treated in the same manner and shall be subject to the same restrictions as the underlying
Restricted Shares. 
 8. Certain Restrictions. By accepting this Grant, Participant acknowledges that he or she has received a copy of the
Plan and agrees that Participant will enter into such written representations, warranties and agreements and execute such documents as the Company may reasonably request in order to comply with the securities law or any other applicable laws, rules
or regulations, or with this document or the terms of the Plan. 
 9. Amendment and Termination. No amendment or termination of this Grant
shall be made by the Company at any time without the written consent of Participant. 
 10. Withholding of Taxes. Participant agrees that,
if he or she makes an election under Section 83(b) of the Internal Revenue Code of 1986, as amended, with regard to the Restricted Shares, Participant will so notify the Company in writing within two (2) days after making such election, so
as to enable the Company to timely comply with any applicable governmental reporting requirements. The Company shall have the right to take any action as may be necessary or appropriate to satisfy any federal, state or local tax withholding
obligations. 
  

 2 

 11. No Guarantee of Tax Consequences. The Company makes no commitment or guarantee to Participant that
any federal or state tax treatment will apply or be available to any person eligible for benefits under this Grant. 
 12.
Severability. In the event that any provision of this Grant shall be held illegal, invalid, or unenforceable for any reason, such provision shall be fully severable and shall not affect the remaining provisions of this Grant, and the
Grant shall be construed and enforced as if the illegal, invalid, or unenforceable provision had never been included herein. 
 13. Governing
Law. The Grant shall be construed in accordance with the laws of the State of Delaware to the extent that federal law does not supersede and preempt Delaware law. 
 Executed the              day of
            , 2008. 
  

			
	COMPANY:
		
	By:	 	 
		 	Ann Raden
		 	Vice President of Human Resources and Administration

 Accepted the             
day of             , 2008. 
  

			
	PARTICIPANT:
		
	Address:	 	 
		 	 
		 	 

  

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