Document:

exv10w14

Exhibit 10.14

March 17, 2008

	 	 	 
	From: Lori Laje

	 	To: Resolute Natural Resources Company
	Contract Analyst

	 	Attn: James Kincaid
	 

	 	Odyssey Energy Services
	 

	 	320 South Boston, Suite 840
	 

	 	Tulsa, OK 74103
	 

	 	918-388-9400

	 	 	 
	Re:

	 	Western Contract No: P0803131FC
	 

	 	Resolute Natural Resources Company No:

This is to confirm the Interim Crude Purchasing Agreement between Western Refining Southwest, Inc.
(Western) and Resolute Natural Resources Company (Resolute). The following terms and conditions
should accurately describe that agreement:

Seller: Resolute

Buyer: Western

Quantity: All production either owned or controlled from Resolute’s operated leases in the
Aneth, Ratherford, and McElmo-Desert Creek Units, San Juan, Utah.

Quality: Four Comers Sweet Crude Oil

Term: Effective May 1, 2008, and shall automatically be extended thereafter on a
month-to-month basis subject to a ninety (90) day notice of cancellation, such cancellation must be
in writing.

Price: The price shall be Western’s San Juan/Paradox Basin monthly average posting for
sweet crude oil, not to be less than the calendar month average (trade days only) for the published
settlement prices of the New York Mercantile Exchange for WTI crude oil minus $6.25 per barrel.

Delivery: FOB the Aneth, Ratherford, and McElmo-Desert Creek Units, San Juan, Utah.

Title and risk of loss shall pass from Seller to Buyer as the crude enters the receiving equipment.

Division Order: Based on 100% division order less tax.

Western/Resolute Natural Resources Company

Lease Purchase Agreement — Crude

Aneth, Ratherford, and McElmo-Desert Creek

San Juan, Utah May 2008

 

 

Payment: Due and payable on the 20th day of the month which immediately follows the month
of delivery provided Seller has submitted all necessary substantiating documents incident to the
transaction for each volume delivered and an invoice for which sums are due. Payment shall be made
via wire transfer on or before the due date to a bank designated on Seller’s invoice in immediately
available federal funds.

In the event the due date falls on a Saturday or a bank holiday other than a Monday bank holiday
then payment shall be made on the next preceding bank business day. If the due date falls on a
Sunday or a Monday bank holiday then payment shall be made on the next following bank business day.

Late Payment: Any amount payable for any of the crude oil and/or products described herein
or otherwise payable by Buyer to Seller hereunder shall, if not paid when due, bear interest from
the due date (inclusive) until the date full payment is received by Seller (exclusive) at a rate
equal to the lesser of (a) one percent (1%) above the prime rate in effect at the opening of
business on the due date at the major lending institutions as quoted in the “Money Rates” section
of the Wall Street Journal, and (b) the maximum rate of interest permitted under applicable law.
Buyer shall pay such interest within five (5) calendar days following Buyer’s receipt of Seller’s
invoice for such interest via wire transfer or immediately available federal funds to Seller’s
designated bank.

Credit: Open

Audit rights: Each party shall have the right at all reasonable times, upon written
request, to audit all records of the other party pertinent to this agreement to verify such party’s
compliance with the terms and conditions of this agreement. Notwithstanding the foregoing, each
party shall be entitled to protect the confidentiality of any information that it considers
proprietary.

If any audit conducted pursuant to this section reveals that there was an inaccuracy or omission in
the invoices submitted under this agreement, the parties shall, within ten (10) days of a request
by either party therefore, meet to discuss the adjustments and/or payments that would be necessary
to correct such inaccuracy or omission; provided however, that no adjustments and/or payments shall
be made in respect of any inaccuracy or omission first alleged after the second anniversary of the
date of the invoice containing such inaccuracy or omission.

	 	 	 	 	 
	Western’s Contacts are as follows:	 	Resolute Contacts are as follows:	 	 
	 
	 	 	 	 
	Scheduling/nominations: Rosie Gil — Fax: 915-534-2653

	 	PLEASE SEND SIMILAR INFORMATION
	 	 
	Contracts/documents: Lori Laje — Fax: 915-534-2651

	 	BY RETURN FAX	 	 
	Invoice/payments: Mark Anchondo — Fax: 915-775-7817
	 	 	 	 
	Credit requirements: Mark Cox — Fax: 915-534-2652
	 	 	 	 

Miscellaneous: All other terms and conditions shall be in accordance with Conoco General Terms and
Conditions dated January 1, 1993.

Western/Resolute Natural Resources Company

Lease Purchase Agreement — Crude

Aneth, Ratherford, and McElmo-Desert Creek

San Juan, Utah May 2008

 

 

This faxed agreement, together with Conoco General Terms and Conditions dated January 1, 1993,
contains the entire agreement of the parties and there are no other promises, representations,
warranties, or reciprocal agreements affecting, incidental to, conditional upon, or related to this
agreement. No formal hard contract copy will be provided.

No amendments or modifications of this agreement shall be effective unless in writing and mutually
agreed to by both parties hereto.

Please confirm acceptance of this agreement by return fax to Attn: Lori Laje, at (915) 534-2651,
indicating your contract number and referencing ours thereon. Thank you for your help in arranging
for this crude oil agreement.

Regards,

Western Refining Southwest, Inc.

	 	 	 
	/s/ Scott D. Weaver

	 	 
	 
	 	 
	Scott D. Weaver
	 	 
	Vice President
	 	 

AGREE TO AND ACCEPTED this

17th Day of March, 2008

Resolute Natural Resources Company

	 	 	 
	/s/ James L. Kincaid, Jr.

	 	 
	 
	 	 
	Name
	 	 
	 
	 	 
	James L. Kincaid, Jr.
	 	 
	 
	 	 
	Printed Name
	 	 

AGREE TO AND ACCEPTED this

18th Day of March, 2008

Western/Resolute Natural Resources Company

Lease Purchase Agreement – Crude

Aneth, Ratherford, and McElmo-Desert Creek

San Juan, Utah May 2008exv10w15

Exhibit 10.15

May 29, 2009

Via FedEx Airbill No. 797635092471

and Facsimile (918) 388-9500

Mr. James Kincaid

Resolute Natural Resources Company

320 South Boston, Suite 840

Tulsa, Oklahoma 74103

RE:  Western Contract No. P0803131FC dated March 17, 2008

         (the “Agreement”)

Dear Mr. Kincaid:

     This letter is to advise you that Western Refining Southwest, Inc. (“Western”) has elected to
terminate the referenced Agreement. Under the “Term” section on page 1 of the Agreement, the
Agreement was effective on May 1, 2008, with automatic month-to-month extensions thereafter subject
to a ninety (90) day written notice of cancellation.

     This letter serves as Western’s ninety (90) day written notice that the Agreement will
terminate, effective August 31, 2009.

     If you have any questions, please feel free to contact me.

	 	 	 	 	 
	 	Sincerely,

WESTERN REFINING

 	 
	 	/s/ Michael K. Wheatley
 	 
	 	Michael K. Wheatley 	 
	 	Vice President — Raw Material Supply & Logistics
Western Refining Southwest, Inc.exv10w1

Exhibit 10.1

Williams Partners GP LLC

Director Compensation Policy

Adopted November 29, 2005

Revised August 20, 2008

Revised January 26, 2009

Revised May 28, 2009

Compensation of Directors

Members of the Board of Directors (the “Board”) of Williams Partners GP LLC (the “Company”) who are
also officers or employees of affiliates of the Company shall receive no additional compensation
for serving on the Board or Board committees.

I. Bi-Annual Compensation Package

Subject to adjustment as provided in Section IV below, for the two periods beginning on August
22nd of each year and ending on January 31st of the following year as well
as beginning on February 1st and ending on August 21st (each “Bi-Annual
Compensation Period”), directors who are not officers or employees of the Company or its affiliates
(each a “Non-Employee Director” and collectively “Non-Employee Directors”) shall receive the
following bi-annual compensation package (“Bi-Annual Compensation Package”):

	 	1.	 	$37,500 cash, subject to the provisions of Section IV below, such cash compensation
to be paid on August 22nd and February 1st for an annual sum of
$75,000; and
	 
	 	2.	 	$2,500 cash each for service on the conflicts and audit committees of the Board,
subject to the provisions of Section IV below, such cash compensation to be paid on August
22nd and February 1st for an annual sum of $5,000.

II. Conflicts Committee Fees

In addition to the Bi-Annual Compensation Package, each Non-Employee Director serving as a member
of the conflicts committee shall receive $1,250 cash for each conflicts committee meeting where the
member is present, minutes have been recorded, and substantive business was conducted at the
meeting (“Conflicts Committee Fee”).

Conflicts Committee Fees shall be paid on August 22nd and February 1st each
year for qualifying meetings held during the preceding months. To enable timely payment
of meeting fees, a schedule detailing the number of qualifying meetings held, as well as the
members present at each meeting, will be provided to the Company’s corporate secretary no later
than August 7th and January 15th of each year.

III. Other Compensation

 

 

In addition, each Non-Employee Director shall receive the following for service on the Board:

	 	1.	 	for a person first elected as a Non-Employee Director after September 16, 2005, a
one-time payment of $25,000 cash on the date of election to the Board; and
	 
	 	2.	 	reimbursement for reasonable out-of-pocket expenses incurred in connection with
attending Board and committee meetings and attending education programs relevant to their
duties as members of the Board.

IV. Interim Payment and Grant Dates and Proration

	 	1.	 	Interim Payment and Grant Dates.

A person who first becomes a Non-Employee Director after August 22nd and prior
to December 1st shall receive the full Bi-Annual Compensation Package payment
for such first Bi-Annual Compensation Period (August 22nd through January
31st) paid as of December 15th.

A person who first becomes a Non-Employee Director on or after December 1st and
on or before January 31st shall receive a prorated Bi-Annual Compensation
Package for such first Bi-Annual Compensation Period (August 22nd through
January 31st) paid as of February 1st.

A person who first becomes a Non-Employee Director on or after February 1st and
prior to August 22nd shall receive a prorated Bi-Annual Compensation Package for
such first Bi-Annual Compensation Period (February 1st through August
21st) paid as of August 22nd.

	 	2.	 	Proration.

The amount of cash compensation for a prorated Bi-Annual Compensation Package shall be the
product of the aggregate bi-annual cash compensation amount applicable to such Non-Employee
Director as set forth in Section I above multiplied by a fraction, the numerator of which
is the number of full and fractional calendar months elapsing between the date such person
first becomes a Non-Employee Director and the earlier of the following August
21st or January 31st and the denominator of which is 6.

V. Other Provisions

Capitalized terms used herein and not otherwise defined shall have the meanings set forth in the
Williams Partners GP LLC Long-Term Incentive Plan, as amended (the “Plan”).

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