SEPARATION AGREEMENT AND RELEASESeparation Agreement and Release • August 14th, 2012 • Matador Resources Co • Crude petroleum & natural gas
This Separation Agreement and Release (“Agreement”) is entered into by Matador Resources Company, a Texas corporation (“Matador” or “the Company”), and Wade I. Massad (“Employee”) as of August 10, 2012 (the “Agreement Date”). Matador and Employee are referred to as the “Parties.” This Agreement cancels and supersedes all prior agreements relating to Employee’s employment with Matador, including the Nonqualified Stock Option Agreement by and between Matador and Employee dated February 1, 2012 (the “Stock Option Agreement”) except as provided in this Agreement.
CONSULTING AGREEMENTConsulting Agreement • August 14th, 2012 • Matador Resources Co • Crude petroleum & natural gas
This Consulting Agreement (“Agreement”) is made and entered into by and between Matador Resources Company (“Matador”) and Wade I. Massad, as consultant (“Consultant”), to be effective on the date this Agreement is executed by the last party to sign below.
