0001140361-08-009985 Sample Contracts

Severance Compensation Agreement
Severance Compensation Agreement • April 23rd, 2008 • Callon Petroleum Co • Crude petroleum & natural gas • Mississippi

THIS AGREEMENT is made and entered into as of April 18, 2008, by and between Callon Petroleum Company, a Delaware corporation (together with its subsidiaries, “Callon”) and Fred L. Callon, as the current Chief Executive Officer, (“Executive”).

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Form of Severance Compensation Agreement
Compensation Agreement • April 23rd, 2008 • Callon Petroleum Co • Crude petroleum & natural gas • Mississippi

THIS AGREEMENT is made and entered into as of [date], by and between Callon Petroleum Company, a Delaware corporation (together with its subsidiaries, “Callon”) and [name], as the current [office], (“Executive”).

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