0001193125-15-354143 Sample Contracts

RETIREMENT AGREEMENT
Performance Share Agreement • October 27th, 2015 • PDC Energy, Inc. • Crude petroleum & natural gas • Colorado

THIS RETIREMENT AGREEMENT (the “Agreement”) is made and entered into effective as of October 26, 2015 (the “Effective Date”), by and between PDC Energy, Inc., a Delaware corporation (the “Company”), and Gysle R. Shellum (the “Executive”).

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