0001193125-14-035305 Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • February 5th, 2014 • Petroquest Energy Inc • Crude petroleum & natural gas • Texas

THIS AGREEMENT is made and entered into effective as of February 1, 2014, between PetroQuest Energy, Inc., a Delaware corporation having its principal executive office at 400 E. Kaliste Saloom Road, Suite 6000, Lafayette, Louisiana 70508 (hereinafter referred to as the “Company”), and Edward E. Abels, Jr. (hereinafter referred to as the “Employee”).

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TERMINATION AGREEMENT
Termination Agreement • February 5th, 2014 • Petroquest Energy Inc • Crude petroleum & natural gas • Texas

The TERMINATION AGREEMENT, dated as of February 1, 2014 (this “Agreement”), is made and entered into by and between PetroQuest Energy, Inc., a Delaware corporation with its principal office at 400 E. Kaliste Saloom Road, Suite 6000, Lafayette, Louisiana 70508 (the “Company”), and Edward E. Abels, Jr. (“Executive”).

PetroQuest Energy, Inc. INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • February 5th, 2014 • Petroquest Energy Inc • Crude petroleum & natural gas • Delaware
RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • February 5th, 2014 • Petroquest Energy Inc • Crude petroleum & natural gas • Delaware

THIS RESTRICTED STOCK AGREEMENT (this “Agreement”) is made and entered into by and between PetroQuest Energy, Inc., a corporation organized under the laws of the State of Delaware (the “Company”) and the “Grantee” (identified in the award notice attached electronically hereto (the “Award Notice”)), an individual, on the “Grant Date” (identified in the Award Notice) pursuant to the Petroquest Energy, Inc. 2013 Incentive Plan (effective March 29, 2013) (the “Plan”). The Plan is incorporated by reference herein in its entirety. Capitalized terms not otherwise defined in this agreement shall have the meaning given to such terms in the Plan.

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