0001193125-16-800490 Sample Contracts

DIRECTOR RESTRICTED STOCK UNIT AWARD AGREEMENT Penn Virginia Corporation
Director Restricted Stock Unit Award Agreement • December 21st, 2016 • Penn Virginia Corp • Crude petroleum & natural gas • Virginia

This Director Restricted Stock Unit Award Agreement (this “Agreement”) is made as of the day of December 2016 (the “Grant Date”) between Penn Virginia Corporation (the “Company”) and [●] (“Participant”), and is made pursuant to the terms of the Penn Virginia Corporation 2016 Management Incentive Plan (the “Plan”). Any capitalized term used herein but not defined shall have the meaning set forth in the Plan.

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