Document:

Termination and Mutual Release Agreement

 Exhibit 10.1 
 TERMINATION AND MUTUAL RELEASE AGREEMENT 
 This Termination and Mutual Release Agreement
(“Release Agreement”) is made and entered into effective as of April 28, 2008 (the “Effective Date”), by and between OMNI Energy Services Corp., a Louisiana corporation (the “Company”), and G.
Darcy Klug, a resident of Lafayette Parish, Louisiana (“Klug”). 
 WHEREAS, Klug and the Company have entered into an
Employment Agreement dated as of July 1, 2004 (the “Employment Agreement”); 
 WHEREAS, Klug and the Company
desire to terminate and cancel the Employment Agreement; 
 WHEREAS, Klug and the Company entered into a Restricted Stock and
Stock-Based Award Incentive Agreement on or about January 5, 2007 (“Stock-Based Agreement”); 
 WHEREAS, Klug
and the Company desire to terminate and cancel the Stock-Based Agreement; 
 WHEREAS, Klug and the Company will enter into a
Noncompetition Agreement dated effective April 29, 2008 (the “Noncompetition Agreement”), for which this Release Agreement constitutes additional consideration; 
 WHEREAS, pursuant to the terms of the Noncompetition Agreement, Klug and the Company will enter into a restricted stock agreement dated effective
April 29, 2008 (the “Restricted Stock Agreement”), for which this Release Agreement constitutes additional consideration; and 
 WHEREAS, Klug filed a lawsuit against the Company, among others, on December 12, 2007, and the parties thereto have settled that lawsuit pursuant to a settlement agreement (“Settlement Agreement”) dated
effective April 28, 2008; 
 WHEREAS, the Company and Klug desire to compromise, settle and forever resolve and dispose of all
differences and potential claims and controversies between them, up to and including the Effective Date of this Agreement. 
 NOW,
THEREFORE, in consideration of the mutual promises contained herein, and in further consideration of the mutual promises set forth in the Noncompetition Agreement, the Restricted Stock Agreement, and the Settlement Agreement, the parties agree
as follows: 
 1. Termination of Employment Agreement. By execution of this Release Agreement and the Noncompetition Agreement,
the parties hereby terminate the Employment Agreement without liability, and no party has any further obligations, rights or responsibilities under such Employment Agreement. 

 2. Termination of Restricted Stock Agreement. By execution of this Release Agreement and
the Restricted Stock Agreement, the parties hereby terminate the Stock-Based Agreement without liability, and no party has any further obligations, rights or responsibilities under such Stock-Based Agreement. 
 3. Release of Company. In consideration for the Company’s release of claims set forth herein and the Company’s other obligations
in this Release Agreement, the Noncompetition Agreement, the Restricted Stock Agreement, and the Settlement Agreement, Klug voluntarily and knowingly waives, releases, and discharges the Company, and any and all parent, subsidiary, affiliate and
related companies, and each of its and their shareholders, owners, directors, officers, partners, members, employees, staff, benefit plans, agents, representatives and assigns (collectively, the “Company Releasees”) from all claims,
liabilities, demands, and causes of action, known or unknown, fixed or contingent, which Klug may have or claim to have against any of them as a result of Klug’s employment with the Company and/or as a result of any other matter arising through
the date of Klug’s signature on this Agreement except for: (a) breach, if any, of this Release Agreement, the Noncompetition Agreement, the Restricted Stock Agreement, or the Settlement Agreement, and (b) any claim for indemnification
Klug may have under the articles and by-laws of the Company or applicable D&O insurance policies. Klug agrees not to file a lawsuit to assert any such released claims. This waiver, release and discharge includes, but is not limited to claims
arising from or related to the Stock-Based Agreement. 
 4. Release of Klug. In consideration for Klug’s release of claims
set forth herein and Klug’s other obligations in this Release Agreement, the Noncompetition Agreement and the Restricted Stock Agreement, the Company voluntarily and knowingly waives, releases, and discharges Klug, his heirs, assigns and
affiliates, including Redhawk Energy Corporation, from all claims, liabilities, demands, and causes of action, known or unknown, fixed or contingent, which the Company may have or claim to have against any of them as a result of Klug’s
employment with the Company and/or as a result of any other matter arising through the date this Release Agreement is executed by the Company, except for breach, if any, of this Release Agreement, the Noncompetition Agreement, the Restricted Stock
Agreement, and the Settlement Agreement. The Company agrees not to file a lawsuit to assert any such released claims. 
 5. No
Admission. Klug and the Company understand and agree that this Release Agreement is not and shall not be deemed or construed to be an admission by either Klug or the Company of any wrongdoing of any kind or of any breach of any contract,
law, obligation, policy, or procedure of any kind or nature. 
 6. Governing Law. This Release Agreement shall be governed by,
and construed in accordance with, the laws of the State of Louisiana without regard to the choice-of-law principles thereof. 
 7.
Choice of Forum; Consent to Jurisdiction. Any suit, action or proceeding arising with respect to the validity, construction, enforcement or interpretation of this Release Agreement, and all issues relating in any matter thereto, shall
be brought in the United States District Court for the Western District of Louisiana, Lafayette Division, or in the event that federal jurisdiction does not pertain, in the state courts of the State of Louisiana in the Lafayette Parish. Each of the
parties hereto hereby submits and consents to the jurisdiction of such courts for the purpose of any such suit, action or proceeding and hereby irrevocably waives (a) any objection which any of them may now or hereafter have to the laying of
venue in such courts, and (b) any claim that such suit, action or proceeding brought in such court has been brought in an inconvenient forum. 
  

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 8. Amendment. This Release Agreement may be amended, modified or supplemented only by a
written instrument executed by the parties hereto. 
 9. Construction. Each party to this Release Agreement has had the
opportunity to review this Release Agreement with legal counsel. This Release Agreement shall not be construed or interpreted against any party on the basis that such party drafted or authored a particular provision, parts of, or the entirety of
this Release Agreement. 
 10. Execution. This Release Agreement may be executed in multiple counterparts, each of which will
be deemed an original, which taken together shall constitute the Release Agreement. 
 11. Litigation Assistance. At the
request of the chief executive officer of the Company, Klug will use his commercially reasonable efforts to assist the Company with respect to currently outstanding litigation for or against the Company. The Company shall reimburse Klug for
reasonable expenses incurred in connection therewith and, if appropriate, compensate Klug for his time on an hourly or daily basis at a commercially reasonable rate. 
  

 (Signatures on Following Page) 
 3 

 IN WITNESS WHEREOF, the parties hereto have executed this Release Agreement as of the day and year first
above written. 
  

							
	KLUG:	 		 	COMPANY:
			
		 		 	 OMNI ENERGY SERVICES CORP.

				
	 /s/ G. Darcy Klug
	 		 	By:	 	 /s/ Brian J. Recatto

	G. Darcy Klug	 		 		 	Brian J. Recatto
		 		 		 	Chief Operating Officer
				
		 		 		 	 /s/ Edward E. Colson, III

		 		 		 	Edward E. Colson, III, Director
				
		 		 		 	 /s/ Barry E. Kaufman

		 		 		 	Barry E. Kaufman, Director
				
		 		 		 	 /s/ Dennis R. Sciotto

		 		 		 	Dennis R. Sciotto, Director
				
		 		 		 	 /s/ Richard C. White

		 		 		 	Richard C. White, Director
				
		 		 		 	 /s/ James C. Eckert

		 		 		 	James C. Eckert
				
		 		 		 	 /s/ Ronald E. Gerevas

		 		 		 	Ronald E. Gerevas

  

 Signature Page to Termination and Mutual Release Agreement 
 4Restricted Stock Agreement

 Exhibit 10.2 
 RESTRICTED STOCK AGREEMENT 
 This Restricted Stock Agreement (this
“Agreement”) is made effective as of April 29, 2008 (the “Date of Grant”), between OMNI Energy Services Corp., a Louisiana corporation (the “Company”), and G. Darcy Klug
(“Holder”), and is executed pursuant to the provisions of a Noncompetition Agreement between the Company and the Holder (the “Noncompetition Agreement”). 
 1. Award. Subject to the terms and conditions of this Agreement, the Company hereby awards to Holder, as of the Date of Grant, 400,000
shares (the “Restricted Shares”) of the Company’s common stock, $0.01 par value per share (“Common Stock”), which shall be issued as hereinafter provided in Holder’s name, subject to certain restrictions
thereon. 
 2. Restricted Shares. Holder hereby accepts the Restricted Shares when issued and agrees that (i) no portion
of the Restricted Shares may be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of prior to January 1, 2009 (the “Vesting Date”); and (ii) thereafter the Restricted Shares
may not be sold, assigned, pledged, exchanged, hypothecated or otherwise transferred, encumbered or disposed of to the extent then subject to the transfer restrictions as provided in this Section 2 (the “Transfer
Restrictions”), and in all cases must be sold in compliance with applicable federal and state securities laws. The Transfer Restrictions on the shares shall lapse, without the requirement for any action by the Company, as follows:

  

			
	 January 1, 2009
	  	100,000 shares
	 Each April 1, July 1, October 1 and
January 1, thereafter through
January 1, 2011
	  	33,333 shares
	 April 1, 2011
	  	33,336 shares

 With regard to any Restricted Shares with respect to which the Transfer Restrictions have lapsed, such shares
shall continue to be subject to the restrictions on transfer imposed under applicable requirements of federal and state securities laws and any stock exchange or quotation system on which the Common Stock may be listed at the time of such transfer.

 3. Additional Restrictions. 
 (a) Certificates. A certificate or certificates evidencing the Restricted Shares shall be issued by the Company in Holder’s name, pursuant to which Holder shall have all of the rights of a stockholder of
the Company with respect to the Restricted Shares, including, without limitation, voting rights and the right to receive dividends (provided, however, that dividends paid in shares of Common Stock shall be subject to the Transfer Restrictions). The
certificate or certificates shall be delivered upon issuance to the Holder until the Vesting Date when all such Restricted Shares shall be fully vested pursuant to Section 2 of this Agreement. On the Date of Grant, Holder shall, if
requested by the Company, deliver to the Company one or more stock powers, endorsed in blank, relating to the Restricted Shares. From time to time after the Vesting Date, upon request by the Holder, (i) the Company shall cause a new certificate
representing the Restricted Shares as to which the Transfer Restrictions have lapsed to be issued without a legend as 

 
to the Transfer Restrictions, in the name of Holder and shall deliver such certificate to Holder, (ii) the Company shall cancel the returned certificate
representing the shares as to which the Transfer Restrictions have lapsed and (iii) the Company shall destroy the stock power, if any, relating to such Restricted Shares then in its possession. 
 (b) Corporate Acts. The existence of the Restricted Shares shall not affect in any way the right or power of the Board of Directors
of the Company (the “Board”) or the stockholders of the Company to make or authorize any adjustment, recapitalization, reorganization or other change in the Company’s capital structure or its business, any merger or
consolidation of the Company, any issue of debt or equity securities, the dissolution or liquidation of the Company or any sale, lease, exchange or other disposition of all or any part of its assets or business or any other corporate act or
proceeding. The prohibitions of Section 2 hereof shall not apply to the transfer of Restricted Shares pursuant to a plan of reorganization of the Company, but the stock, securities or other property received in exchange therefor shall
also become subject to the Transfer Restrictions and provisions governing the lapsing and such Transfer Restrictions applicable to the original Restricted Shares for all purposes of this Agreement, and the certificates representing such stock,
securities or other property shall be legended to show such restrictions. 
 4. Taxes. The Company and Holder hereby agree that
amounts received under this Agreement shall be classified as payments made to Holder in his capacity as an independent contractor to the Company in connection with his non-competition obligations to the Company. Holder agrees to and acknowledges
that the obligation to pay taxes on income received under this Agreement, and to deposit such taxes, is solely the responsibility of Holder. If Holder makes an election under Section 83(b) of the Internal Revenue Code with respect to the
Restricted Shares, Holder acknowledges and agrees that Holder is obligated to report as income all amounts as required by Section 83(b) of the Internal Revenue Code. 
 In the event that any federal, state or local taxing authority determines that the Company is liable for any failure to withhold and deposit taxes on any portion of such payments, Holder hereby agrees to indemnify and
hold harmless the Company for such liability, including, but not limited to, any penalties and interest. In addition, the Company shall be indemnified for any and all fees and expenses associated with any claims made under this Section, including
fees and expenses associated with enforcement and collection of this indemnification right. 
 5. Status of Restricted Shares.

 (a) Holder understands that at the time of the execution of this Agreement the issuance of the Restricted Shares has not
been registered under the Securities Act of 1933, as amended. 
 (b) Holder hereby agrees that (i) the certificates
representing the Restricted Shares may bear such legend or legends as the Company deems appropriate in order to reflect the Transfer Restrictions and to assure compliance with the terms and provisions of this Agreement and federal securities laws,
(ii) the Company may refuse to register the transfer of the Restricted Shares on the stock transfer records of the Company if such proposed transfer would in the opinion of counsel satisfactory to the Company constitute 

  

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a violation of the terms and provisions of the Transfer Restrictions or federal securities laws, and (iii) the Company may give related instructions to
its transfer agent, if any, to stop registration of the transfer of the Restricted Shares. 
 6. Relationship. The Parties
agree that Holder is not an employee on the Date of Grant and that this grant is made pursuant to the provisions of a Noncompetition Agreement between the Company and the Holder. 
 7. Effect of Death and Disability. 
 (a) Death. Upon the death of Holder, there shall be no effect on the vesting of the Restricted Shares, and the Transfer Restrictions on the Restricted Shares shall continue to lapse as provided in
Section 2. 
 (b) Disability. If Holder becomes Disabled (as defined in Section 409(a)(2)(C) of the
Internal Revenue Code), there shall be no effect on the vesting of the Restricted Shares, and the Transfer Restrictions on the Restricted Shares shall continue to lapse as provided in Section 2. 
 8. Notices. Any notices or other communications provided for in this Agreement shall be sufficient if in writing. In the case of Holder,
such notices or communications shall be effectively delivered if hand delivered to Holder at Holder’s principal place of employment or if sent by registered or certified mail to Holder at the last address Holder has filed with the Company. In
the case of the Company, such notices or communications shall be effectively delivered if sent by registered or certified mail to the Company at its principal executive offices, attention: Chief Executive Officer. 
 9. Binding Effect; Survival. This Agreement shall be binding upon and inure to the benefit of any successors to the Company and all persons
lawfully claiming under Holder. The provisions of Section 5 shall survive the lapse of the Transfer Restrictions without forfeiture. 
 10. Entire Agreement; Amendment. This Agreement and the Noncompetition Agreement dated of even date herewith between the Company and Holder, constitute the entire agreement of the parties with regard to the subject matter
hereof, and contains all the covenants, promises, representations, warranties and agreements between the parties with respect to the Restricted Shares granted hereby. Without limiting the scope of the preceding sentence, all prior understandings and
agreements, if any, among the parties hereto relating to the subject matter hereof are hereby null and void and of no further force and effect. Any modification of this Agreement shall be effective only if it is in writing and signed by both Holder
and an authorized officer of the Company. 
 11. Governing Law. This Agreement shall be governed by, and construed in
accordance with, the laws of the State of Louisiana, without regard to conflicts of law principles thereof. 
 12. Execution.
This Agreement may be executed in multiple counterparts, each of which will be deemed an original, which taken together shall constitute the Agreement. 
  

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 IN WITNESS WHEREOF, the Company has caused this Agreement to be duly executed by an officer
thereunto duly authorized, and Holder has executed this Agreement, all as of the date first above written. 
  

							
	HOLDER:	 		 	COMPANY:
			
		 		 	OMNI ENERGY SERVICES CORP.
				
	 /s/ G. Darcy Klug
	 		 	By:	 	 /s/ Brian J. Recatto

	G. Darcy Klug	 		 		 	Brian J. Recatto
		 		 		 	Chief Operating Officer
				
		 		 		 	 /s/ Edward E. Colson, III

		 		 		 	Edward E. Colson, III, Director
				
		 		 		 	 /s/ Barry E. Kaufman

		 		 		 	Barry E. Kaufman, Director
				
		 		 		 	 /s/ Dennis R. Sciotto

		 		 		 	Dennis R. Sciotto, Director
				
		 		 		 	 /s/ Richard C. White

		 		 		 	Richard C. White, Director
				
		 		 		 	 /s/ James C. Eckert

		 		 		 	James C. Eckert, Director
				
		 		 		 	 /s/ Ronald E. Gerevas

		 		 		 	Ronald E. Gerevas, Director

  

 Signature Page to Restricted Stock Agreement

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