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New words:
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Removed:
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Filing tables
Filing exhibits
- 10-K Annual report
- 4.2 Series a Preferred Stock Certificate
- 10.11 Indemnification Agreement
- 10.17 Secured Promissory Note
- 10.18 Agreement on Joint Cooperation
- 10.19 Executive Employment Agreement
- 10.20 Executive Employment Agreement
- 10.21 Secured Convertible Promissory Note
- 10.22 Purchase and Sale Agreement
- 10.23 Amendatory Letter Agreement
- 10.24 Amendatory Letter Agreement
- 10.25 Amendatory Letter Agreement
- 10.26 Consulting Agreement
- 10.27 Operating Agreement
- 10.28 Series a Convertible Preferred Stock Warrant
- 10.29 Condor Energy Technology LLC Operating Agreement
- 10.30 Consulting Agreement
- 10.31 Stock Purchase Agreement
- 10.32 Executive Employment Agreement
- 10.33 Amendatory Letter Agreement
- 10.34 Contract Operating Services Agreement
- 10.35 Amendatory Letter Agreement
- 10.36 Amendatory Letter Agreement
- 10.37 Promissory Note
- 10.38 Common Stock Warrant
- 10.39 White Hawk Petroleum, LLC Amended and Restated Operating Agreement
- 10.40 White Hawk Petroleum, LLC Membership Unit Purchase Agreement
- 10.41 Consulting Services Agreement
- 10.42 Gas Purchase Contract
- 10.43 Gas Purchase Contract
- 10.44 Gas Purchase Contract
- 10.45 Executive Employment Agreement
- 10.46 Common Stock Warrant
- 10.47 Placement Agent Series a Preferred Stock Warrant
- 10.48 Purchase and Sale Agreement
- 10.49 Amendatory Letter Agreement
- 10.50 Subscription Agreement
- 10.52 Promissory Note
- 10.53 Operating Agreement
- 10.54 Closing Payment Extension Amendatory Letter Agreement
- 10.55 Term Assignment Evaluation Agreement
- 10.56 Amendment No. 1 to Employment Agreement
- 10.57 Amendment No. 1 to Employment Agreement
- 10.58 Amendment No. 1 to Employment Agreement
- 10.59 Warrant for the Purchase
- 10.60 Amendment to Secured Promissory Note
- 10.61 Form of Subordination and Intercreditor Agreement
- 10.62 Letter Amending Cash Compensation Payable
- 10.63 Amendatory Letter Agreement
- 10.64 Secured Subordinated Promissory Note
- 10.65 Letter Agreement
- 21.1 List of Subsidiaries
- 23.2 Consent
- 31.1 Certification
- 31.2 Certification
- 32.1 Certification
- 32.2 Certification
- 99.1 EX-99.1
- 99.2 EX-99.2
- Download Excel data file
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EXHIBIT 10.57
AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT
This Amendment No. 1 to Employment Agreement (“Amendment”), effective as of January 11, 2013, is entered into by and between PEDEVCO Corp., as successor-in-interest to Pacific Energy Development Corp. (herein referred to as the “Company”), and Frank C. Ingriselli.
WITNESSETH:
WHEREAS, the Company and you have entered into an employment agreement, dated June 10, 2011 (the “Agreement”), concerning the employment of you as President and Chief Executive Officer of the Company; and
WHEREAS, the parties wish to amend the Agreement to revise the termination and severance terms as set forth therein;
NOW, THEREFORE, in consideration of the mutual covenants and agreements hereinafter set forth, the parties hereto agree as follows:
1. | Section 5(c)(2) of the Agreement is amended and restated in full to read as follows: |
“5(c)(2) If my employment terminates under this Section 5(c), the Company shall pay me or, if I die, my estate, all compensation and benefits with respect to my employment, which have accrued due and those which may be provided to me pursuant to a group disability and insurance policies or the Company’s 401(k), profit sharing plan and pension plan will be paid, and I or, if I die, my estate, shall receive all the compensation and benefits set forth under Section 8(a) as if my employment had been terminated other than for Cause.”
2. | Except to the extent modified hereby, the Agreement shall remain in full force and effect. |
3. | This Amendment shall be binding upon and inure to the benefit of the parties and their successors and assigns. |
[Signature Page Follows]
1
IN WITNESS WHEREOF, the parties have caused the Amendment to be executed as of the date and year first referenced above.
“The Company” | PEDEVCO Corp. | ||
Date: January 11, 2013 | By: | /s/ Michael L. Peterson | |
Michael L. Peterson | |||
Chief Financial Officer | |||
Date: January 11, 2013 | /s/ Frank C. Ingriselli | ||
Frank C. Ingriselli | |||
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