ContractVersion Employment Contract • May 5th, 2020 • Texas
EXECUTION VERSION EMPLOYMENT CONTRACT This EMPLOYMENT CONTRACT (this “Agreement”), effective as of December 3, 2018, is made and entered into by and between Trecora Resources, a Delaware corporation (the “Company”), and Patrick D. Quarles (“Quarles”). The Company and Quarles each a “Party” and, collectively, the “Parties.” W I T N E S S E T H: WHEREAS, the Company owns and operates a chemical manufacturing business; and WHEREAS, Quarles and the Company wish to enter into an agreement governing the terms and conditions of Quarles’ employment; NOW, THEREFORE, for and in consideration of the premises and the mutual promises, covenants, and agreements herein contained, and other good and valuable consideration, the receipt, sufficiency and adequacy of which are hereby forever acknowledged and confessed, the Parties agree as follows: ARTICLE I EMPLOYMENT 1.1 The Company hereby agrees to employ Quarles as the Chief Executive Officer and President of the Company, and Quarles hereby accepts su
