0000950123-11-071413 Sample Contracts

CLAWBACK AGREEMENT
Clawback Agreement • August 2nd, 2011 • Panhandle Oil & Gas Inc • Crude petroleum & natural gas

This AGREEMENT (“Agreement”) is entered into effective as of January 1, 2011 between Panhandle Oil and Gas Inc. (“Company”) and Michael C. Coffman, President and CEO of the Company (“Executive”).

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