Document:

Exhibit 10.1

 

 

Eagle Rock Energy G&P, LLC

A subsidiary of Eagle Rock Energy Partners, L.P.

 

May 21, 2015

 

Mr. Joseph A. Mills

 

Dear Joe:

 

This agreement is entered into by and between you and Eagle Rock Energy G&P, LLC (“G&P”) and sets forth certain amendments to the Confidentiality and Noncompete Agreement entered into between you and G&P dated as of August 3, 2012 (the “Confidentiality and Noncompete Agreement”).

 

This agreement, and the amendments set forth herein, shall be effective upon the closing (the “Closing”) of that certain contemplated Agreement and Plan of Merger (the “Merger Agreement”) by and among Vanguard Natural Resources, LLC, a Delaware limited liability company (“Parent”), Talon Merger Sub, LLC, a Delaware limited liability company and wholly owned indirect subsidiary of Parent, Eagle Rock Energy Partners, L.P., a Delaware limited partnership, and Eagle Rock GP, L.P., a Delaware limited partnership.  For the avoidance of doubt, if the Closing does not occur, this letter agreement will be of no force or effect.

 

By signing below, you and G&P acknowledge and agree that, effective as of the Closing, the Confidentiality and Non-Competition Agreement is hereby amended in the following manner:

 

1.                                      The term “Company,” as used in the Confidentiality and Noncompete Agreement is amended so that it means: “the Partnership, G&P, GP and its and their direct and indirect subsidiaries as exist as of May 21, 2015.”

 

2.                                      Section 4(f) of the Confidentiality and Noncompete Agreement is amended in order to delete the parenthetical “(or person who within the preceding 90 days was an employee)” so that, as amended, Section 4(f) of the Confidentiality and Noncompete Agreement reads, in its entirety:

 

“(f)                       Employee will not, during the eighteen month period following the Termination Date, solicit, entice, persuade or induce, directly or indirectly, any employee of the Company or any other person who is under contract with or rendering services to the Company, to (i) terminate his or her employment by, or contractual relationship with, the Company, (ii) refrain from extending or renewing the same (upon the same or new terms), (iii) refrain from rendering services to or for the Company, (iv) become

 

 

employed by or enter into contractual relations with any Persons other than the Company, or (v) enter into a relationship with a competitor of the Company.”

 

By signing below, you and G&P acknowledge and agree that the Confidentiality and Noncompete Agreement, as now exists and as may be amended by this agreement, remains in full force and effect and is enforceable in all respects.

 

	
 
    	
On   behalf of Eagle Rock Energy G&P, LLC,
    
	
 
    	
 
    
	
 
    	
/s/   Lynda C. Irvine 5/21/2015
    
	
 
    	
Lynda   C. Irvine
    
	
 
    	
Vice   President of Human Resources
    

 

 

	
ACKNOWLEDGED   AND AGREED:
    	
 
    
	
 
    	
 
    
	
/s/   Joseph A. Mills
    	
 
    
	
Joseph   A. Mills
    	
 
    
	
 
    	
 
    
	
May   21, 2015
    	
 
    
	
DateExhibit 10.2

 

	
 
    	

    
	
 
    	
 
    
	
 
    	
Eagle Rock Energy G&P, LLC
    
	
 
    	
A subsidiary of Eagle Rock Energy Partners, L.P.
    

 

May 21, 2015

 

Mr. Roger A. Fox

 

Dear Roger:

 

This agreement is entered into by and between you and Eagle Rock Energy G&P, LLC (“G&P”) and sets forth certain amendments to the Confidentiality, Non-Competition and Non-Solicitation Agreement entered into between you and G&P dated as of March 26, 2012 (the “Confidentiality and Non-Competition Agreement”).

 

This agreement, and the amendments set forth herein, shall be effective upon the closing (the “Closing”) of that certain contemplated Agreement and Plan of Merger (the “Merger Agreement”) by and among Vanguard Natural Resources, LLC, a Delaware limited liability company (“Parent”), Talon Merger Sub, LLC, a Delaware limited liability company and wholly owned indirect subsidiary of Parent, Eagle Rock Energy Partners, L.P., a Delaware limited partnership, and Eagle Rock GP, L.P., a Delaware limited partnership.  For the avoidance of doubt, if the Closing does not occur, this letter agreement will be of no force or effect.

 

By signing below, you and G&P acknowledge and agree that, effective as of the Closing, the Confidentiality and Non-Competition Agreement is hereby amended in the following manner:

 

1.                                      The term “Company,” as used in the Confidentiality and Non-Competition Agreement is amended so that it means: “the Partnership, G&P, GP and its and their direct and indirect subsidiaries as exist as of May 21, 2015.”

 

2.                                      Section 4(h)(ii) of the Confidentiality and Non-Competition Agreement is amended in order to delete the clause “,or was an employee or service provider of the Company, at any time in the 90 days preceding the hiring or engagement” so that, as amended, Section 4(h) (ii) of the Confidentiality and Non-Competition Agreement reads, in its entirety:

 

“(ii) hire or otherwise engage as an employee, independent contractor, or otherwise, any person who is an employee or service provider of the Company.”

 

 

3.                                      Section 6 of the Confidentiality and Non-Competition Agreement (“Third-Party Beneficiaries; Definition of Affiliate”) is amended so that it reads, in its entirety:

 

“6.                          Third-Party Beneficiaries.  Each direct and indirect subsidiary of the Partnership, G&P and GP that is not a signatory hereto is an intended, third-party beneficiary of this Agreement and shall be entitled to enforce Employee’s obligations hereunder as if a party hereto.”

 

By signing below, you and G&P acknowledge and agree that the Confidentiality and Noncompete Agreement, as now exists and as may be amended by this agreement, remains in full force and effect and is enforceable in all respects.

 

	
 
    	
 
    	
On   behalf of Eagle Rock Energy G&P, LLC,
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
/s/   Lynda C. Irvine 5/21/2015
    
	
 
    	
 
    	
Lynda   C. Irvine
    
	
 
    	
 
    	
Vice   President of Human Resources
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
ACKNOWLEDGED   AND AGREED:
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
/s/   Roger A. Fox
    	
 
    	
 
    
	
Roger   A. Fox
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
5/21/15
    	
 
    	
 
    
	
DateExhibit 10.3

 

 

Eagle Rock Energy G&P, LLC

A subsidiary of Eagle Rock Energy Partners, L.P.

 

May 21, 2015

 

Robert M. Haines

Dear Robert:

 

Through this letter, Eagle Rock Energy G&P, LLC (“G&P”) is informing you of certain amendments that it is making to the Confidentiality and Non-Solicitation Agreement entered into between you and G&P (the “Confidentiality Agreement”).  These amendments narrow the scope of certain restrictions within the Confidentiality Agreement.

 

The amendments described below shall be effective upon the closing (the “Closing”) of that certain contemplated Agreement and Plan of Merger (the “Merger Agreement”) by and among Vanguard Natural Resources, LLC, a Delaware limited liability company (“Parent”), Talon Merger Sub, LLC, a Delaware limited liability company and wholly owned indirect subsidiary of Parent, Eagle Rock Energy Partners, L.P., a Delaware limited partnership, and Eagle Rock GP, L.P., a Delaware limited partnership.  For the avoidance of doubt, if the Closing does not occur, this agreement will be of no force or effect.

 

By signing below, G&P acknowledges that, effective as of the Closing, the Confidentiality Agreement is hereby amended in the following manner:

 

1.             Section 3(a)(xi) of the Confidentiality Agreement is amended so that it reads, in its entirety:

 

“(xi) a prohibition against his/her soliciting the Company’s employees and clients, during the Employment Term and for a reasonable period thereafter, is therefore appropriate for the protection of the Company’s Confidential Information, goodwill, and other legitimate business interests; and”

 

2.             Section 3(d)(ii) of the Confidentiality Agreement is amended so that it reads, in its entirety:

 

“(ii) hire or otherwise engage as an employee, independent contractor, or otherwise, any person who is an employee of the Company, or was an employee of the Company, at any time in the 90 days preceding the hiring or engagement.”

 

 

Notwithstanding the above, G&P covenants that it will not seek to enforce Section 3(d)(ii) of the Confidentiality Agreement (and it will cause the other entities within the definition of “Company” not to seek to enforce Section 3(d)(ii) of the Confidentiality Agreement) to the extent that such enforcement would preclude you from hiring or otherwise engaging any then-former employee of the Company whose employment with the Company ended on or after the date of the Closing due to the Parent’s or its affiliate’s: (i) termination of such individual’s employment without cause; or (ii) failure to provide a Qualified Offer of employment (as defined in the Merger Agreement).

 

The Confidentiality Agreement, as now exists and as may be amended by this agreement, remains in full force and effect.

 

	
 
    	
On   behalf of Eagle Rock Energy G&P, LLC,
    
	
 
    	
 
    
	
 
    	
/s/   Lynda C. Irvine 5/21/2015
    
	
 
    	
Lynda   C. Irvine
    
	
 
    	
Vice   President of Human Resources
    
	
 
    	
 
    
	
 
    	
 
    
	
ACKNOWLEDGED   AND AGREED:
    	
 
    
	
 
    	
 
    
	
/s/   Robert M. Haines
    	
 
    
	
Robert   M. Haines
    	
 
    
	
 
    	
 
    
	
May   21, 2015
    	
 
    
	
DateExhibit 10.4

 

 

Eagle Rock Energy G&P, LLC

A subsidiary of Eagle Rock Energy Partners, L.P.

 

May 21, 2015

 

Charles C. Boettcher

 

Dear Charles:

 

Through this letter, Eagle Rock Energy G&P, LLC (“G&P”) is informing you of certain amendments that it is making to the Confidentiality and Non-Solicitation Agreement entered into between you and G&P (the “Confidentiality Agreement”).  These amendments narrow the scope of certain restrictions within the Confidentiality Agreement.

 

The amendments described below shall be effective upon the closing (the “Closing”) of that certain contemplated Agreement and Plan of Merger (the “Merger Agreement”) by and among Vanguard Natural Resources, LLC, a Delaware limited liability company (“Parent”), Talon Merger Sub, LLC, a Delaware limited liability company and wholly owned indirect subsidiary of Parent, Eagle Rock Energy Partners, L.P., a Delaware limited partnership, and Eagle Rock GP, L.P., a Delaware limited partnership.  For the avoidance of doubt, if the Closing does not occur, this agreement will be of no force or effect.

 

By signing below, G&P acknowledges that, effective as of the Closing, the Confidentiality Agreement is hereby amended in the following manner:

 

1.             Section 3(a)(xi) of the Confidentiality Agreement is amended so that it reads, in its entirety:

 

“(xi) a prohibition against his/her soliciting the Company’s employees and clients, during the Employment Term and for a reasonable period thereafter, is therefore appropriate for the protection of the Company’s Confidential Information, goodwill, and other legitimate business interests; and”

 

2.             Section 3(d)(ii) of the Confidentiality Agreement is amended so that it reads, in its entirety:

 

“(ii) hire or otherwise engage as an employee, independent contractor, or otherwise, any person who is an employee of the Company, or was an employee of the Company, at any time in the 90 days preceding the hiring or engagement.”

 

Notwithstanding the above, G&P covenants that it will not seek to enforce Section 3(d)(ii) of the Confidentiality Agreement (and it will cause the other entities within the definition of

 

 

“Company” not to seek to enforce Section 3(d)(ii) of the Confidentiality Agreement) to the extent that such enforcement would preclude you from hiring or otherwise engaging any then-former employee of the Company whose employment with the Company ended on or after the date of the Closing due to the Parent’s or its affiliate’s: (i) termination of such individual’s employment without cause; or (ii) failure to provide a Qualified Offer of employment (as defined in the Merger Agreement).

 

The Confidentiality Agreement, as now exists and as may be amended by this agreement, remains in full force and effect.

 

	
 
    	
On   behalf of Eagle Rock Energy G&P, LLC,
    
	
 
    	
 
    
	
 
    	
/s/   Lynda C. Irvine
    
	
 
    	
Lynda   C. Irvine
    
	
 
    	
Vice   President of Human Resources
    
	
 
    	
 
    
	
 
    	
 
    
	
ACKNOWLEDGED   AND AGREED:
    	
 
    
	
 
    	
 
    
	
/s/   Charles C. Boettcher
    	
 
    
	
Charles   C. Boettcher
    	
 
    
	
 
    	
 
    
	
May   21, 2015
    	
 
    
	
Date

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00245-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00245-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00245-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00245-of-00352.parquet"}]]