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EX-10.1 - SECOND AMENDMENT TO CREDIT AGREEMENTS - LILIS ENERGY, INC.f8k072712bex10i_recovery.htm
EX-10.2 - ELEVENTH AMENDED AND RESTATED EMPLOYMENT AGREEMENT - LILIS ENERGY, INC.f8k072712bex10ii_recovery.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 


FORM 8-K
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported):  July 27, 2012
 
RECOVERY ENERGY, INC.

(Exact name of registrant as specified in its charter)
 
Nevada
 
333-152571
 
74-3231613
(State or other jurisdiction
of incorporation)
 
(Commission File Number)
 
(IRS Employer
Identification Number)
 
1515 Wynkoop Street, Suite 200
   
Denver, CO
 
80202
(Address of Principal Executive Offices)
 
(Zip Code)

 
303-951-7920

(Registrant's telephone number, including area code)
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 

 
 
Item 1.01          Entry into a Material Definitive Agreement.
 
On July 31, 2012, Hexagon, LLC, extended the maturity dates of our three credit agreements from June 30, 2013 to September 30, 2013.  We did not pay any consideration for the extension.  As of July 31, 2013 we owed approximately $20.5 million in the aggregate on the three credit agreements.
 
Item 5.02          Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensation Arrangements of Certain Officers.
 
On July 27, 2012, the Company entered into an amended and restated employment agreement with Roger A. Parker, our president and chief executive officer.   The amendment changed the vesting schedule for the 1,350,000 unvested shares of common stock previously granted to him from August 1, 2012 to September 1, 2012.      

Item 9.01          Financial Statements and Exhibits.
 
(d) Exhibits.
 
Exhibit No.
Identification of Exhibits
10.1
Second Amendment to Credit Agreements with Hexagon, LLC
10.2
Eleventh Amended and Restated Employment Agreement with Roger A. Parker

 
 
 

 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
RECOVERY ENERGY, INC.
     
Date:  August 2, 2012
By:  
/s/ A. Bradley Gabbard
   
A. Bradley Gabbard
   
Chief Financial Officer