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EX-10.1 - EXHIBIT 10.1 - Harvest Oil & Gas Corp. | v377428_ex10-1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8–K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 6, 2014 (April 30, 2014)
EV Energy Partners, L.P.
(Exact name of registrant as specified in charter)
Delaware (State of Incorporation) |
001-33024 (Commission File No.) |
20–4745690 (I.R.S. Employer Identification No.) |
1001 Fannin, Suite 800, Houston, Texas (Address of Principal Executive Offices) |
77002 (Zip Code) |
Registrant’s telephone number, including area code: (713) 651–1144
_______________________________
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:
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
o | 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.
EV Management, LLC (“Company”), the general partner of the general partner of EV Energy Partners, L.P. (“Partnership”), entered into an Employee Separation and Release Agreement (“Agreement”) with Ronald J. Gajdica on April 30, 2014. The Agreement provides for a separation payment of $700,000 and an additional $25,000 to pay the costs of continuing health insurance under the Company’s plans, in each case, less required withholding taxes. The Agreement contains releases and other provisions customary in executive separation agreements.
Under the terms of award agreements made to Dr. Gajdica under the Partnership’s long term incentive plans, all phantom unit awards will automatically vest on January 15, 2015. In addition, EnerVest, Ltd., which owns the Company, purchased Dr. Gajdica’s interest in EV Investors, L.P., which owns a partnership interest in the general partner of the Partnership, for the fair market value of such interest, in accordance with the terms of the partnership agreement of EV Investors, L.P.
A copy of the Agreement is attached as Exhibit 10.1 to this Form 8-K and is incorporated herein.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
The information set forth in Item 1.01 is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(a) | Financial Statement of Businesses Acquired. |
Not applicable. |
(b) | Pro Forma Financial Information |
Not applicable. |
(c) | Shell Company Transactions |
Not applicable.
(d) | Exhibits. |
10.1 | Ronald J. Gajdica Separation Agreement, dated April 30, 2014. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
EV Energy Partners, L.P. | ||
Dated: May 6, 2014 | By: | /s/MICHAEL E. MERCER |
Michael E. Mercer | ||
Senior Vice President and Chief Financial Officer of | ||
EV Management LLC, general partner of | ||
EV Energy GP, L.P., general partner of | ||
EV Energy Partners, L.P. |
EXHIBIT INDEX
10.1 | Ronald J. Gajdica Separation Agreement, dated April 30, 2014. |