Common Contracts
2 similar Separation Agreement and Mutual Release contracts by Cross Border Resources, Inc.
SEPARATION AGREEMENT AND MUTUAL RELEASESeparation Agreement and Mutual Release • April 24th, 2012 • Cross Border Resources, Inc. • Crude petroleum & natural gas • Texas
THIS SEPARATION AGREEMENT AND MUTUAL RELEASE (this "Agreement") is entered into this 23rd day of April, 2012, by and between LAWRENCE J. RISLEY ("Executive") and CROSS BORDER RESOURCES, INC. (the "Company") (collectively referred to as the "Parties") to resolve all issues related to or arising out of Executive’s former employment with Company and Executive’s termination of employment on the Termination Date. This Agreement is delivered in connection with that certain Agreement dated April 23, 2012, by and between Red Mountain Resources, Inc. and the Company and becomes effective on the Change of Officer Date as defined therein which shall be no later than May 31, 2012. In consideration of the mutual covenants contained herein, the sufficiency of which the Parties acknowledge, the Parties agree as follows:
SEPARATION AGREEMENT AND MUTUAL RELEASESeparation Agreement and Mutual Release • April 24th, 2012 • Cross Border Resources, Inc. • Crude petroleum & natural gas • Texas
THIS SEPARATION AGREEMENT AND MUTUAL RELEASE (this "Agreement") is entered into this 23rd day of April, 2012, by and between EVERETT WILLARD “WILL” GRAY II ("Executive") and CROSS BORDER RESOURCES, INC. (the "Company") (collectively referred to as the "Parties") to resolve all issues related to or arising out of Executive’s former employment with Company and Executive’s termination of employment on the Termination Date. This Agreement is delivered in connection with that certain Agreement dated April 23, 2012, by and between Red Mountain Resources, Inc. and the Company and becomes effective on the Change of Officer Date as defined therein which shall be no later than May 31, 2012. In consideration of the mutual covenants contained herein, the sufficiency of which the Parties acknowledge, the Parties agree as follows:
