Employment Agreement and Change Sample Contracts

AMENDMENT TO EMPLOYMENT AGREEMENT AND CHANGE-IN-CONTROL EXECUTIVE SEVERANCE AGREEMENT
Employment Agreement and Change • January 5th, 2011 • Delta Petroleum Corp/Co • Crude petroleum & natural gas

This Amendment (“Amendment”) to the Employment Agreement made and entered into as of May 5, 2005 (the “Employment Agreement”) and the Change-in-Control Executive Severance Agreement executed and effective on April 30, 2007 (the “Change-in-Control Agreement”), in both cases by and between Delta Petroleum Corporation (the “Company”) and Kevin N. Nanke (the “Executive”), is effective as of December 29, 2010 (the “Amendment Effective Date”), except as otherwise provided herein, by and between the Company and the Executive.

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