0000077877-20-000018 Sample Contracts

VP/Executive Restricted Stock Unit Agreement
Restricted Stock Unit Agreement • May 8th, 2020 • PDC Energy, Inc. • Crude petroleum & natural gas • Delaware

We are pleased to inform you that PDC Energy, Inc. (the “Company”) made the following award of restricted stock units to you (the “Restricted Stock Units”) pursuant to the Company’s 2018 Equity Incentive Plan (the “Plan”). The grant is subject to and governed by the Plan generally, and all capitalized terms not defined herein shall have the meanings given to such terms in the Plan.

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PDC Energy, Inc. Amended and Restated 2010 Long-Term Equity Compensation Plan Director Restricted Stock Unit Agreement
PDC Energy, Inc. • May 8th, 2020 • Crude petroleum & natural gas • Colorado

We are pleased to inform you that PDC Energy, Inc. (the “Company”) has made the following award of restricted stock units (the “Restricted Stock Units”) to you pursuant to the Company’s Amended and Restated 2010 Long-Term Equity Compensation Plan (the “Plan”). The grant is subject to and governed by the Plan generally, and all capitalized terms not defined herein shall have the meanings given to such terms in the Plan.

SECOND AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT
Credit Agreement • May 8th, 2020 • PDC Energy, Inc. • Crude petroleum & natural gas • New York

THIS SECOND AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”) is made as of May 5, 2020, by and among PDC ENERGY, INC., a Delaware corporation (the “Borrower”), JPMORGAN CHASE BANK, N.A., as administrative agent for the Lenders (in such capacity, together with its successors and assigns in such capacity, the “Administrative Agent”), and each of the Lenders party hereto.

Performance Stock Unit Agreement
PDC Energy, Inc. • May 8th, 2020 • Crude petroleum & natural gas • Delaware

We are pleased to inform you that PDC Energy, Inc. (the “Company”) made the following award of performance stock units to you (the “Performance Stock Units” or “PSUs”) pursuant to the Company’s 2018 Equity Incentive Plan (the “Plan”). The grant is subject to and governed by the Plan generally, and all capitalized terms not defined herein shall have the meanings given to such terms in the Plan.

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