Natural Resources Company Severance Agreement Sample Contracts

PIONEER NATURAL RESOURCES COMPANY SEVERANCE AGREEMENT
Natural Resources Company Severance Agreement • November 4th, 2014 • Pioneer Natural Resources Co • Crude petroleum & natural gas • Texas

This Severance Agreement (“Agreement”) is entered into, as of August 10, 2005, among Pioneer Natural Resources Company, a Delaware corporation (“Parent”), Pioneer Natural Resources USA, Inc., a Delaware corporation that is a wholly-owned subsidiary of Parent (“Employer”) and Kenneth Sheffield (“Employee”). As used henceforth in this Agreement, the term “Company” shall be deemed to include Parent and its direct or indirect majority-owned subsidiaries.

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