Executive TRSU Award Agreement
Exhibit 10.18
TIME-BASED RESTRICTED STOCK UNIT AWARD AGREEMENT
PURSUANT TO THE
AMPLIFY ENERGY CORP.
EQUITY INCENTIVE PLAN
* * * * *
Participant:[________]
Grant Date:[________], 2024
Total Number of Time-
Based Restricted Stock
Units:[________]
Vesting Period: | The TRSUs (as defined below) shall vest according to the following schedule (the “Time Vesting Schedule”), subject to the Participant’s continued Service through each applicable vesting date, except as otherwise provided in this Agreement or the Plan. |
| |
Vesting Date | Number of TRSUs That Vest |
[________], 2025 | [________] |
[________], 2026 | [________] |
[________], 2027 | [________] |
* * * * *
THIS TIME-BASED RESTRICTED STOCK UNIT AWARD AGREEMENT (this “Agreement”) dated as of the Grant Date specified above (“Grant Date”), is entered into by and between Amplify Energy Corp., a corporation organized in the State of Delaware (the “Company”), and the Participant specified above, pursuant to the Amplify Energy Corp. Equity Incentive Plan (the “Plan”).
WHEREAS, the Committee has determined that it would be in the best interests of the Company and its stockholders to grant this award (this “Award”) of Time-Based Restricted Stock Units (“TRSUs”) to the Participant.
NOW, THEREFORE, in consideration of the mutual covenants and promises hereinafter set forth and for other good and valuable consideration, the parties hereto hereby mutually covenant and agree as follows:
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[Remainder of Page Intentionally Left Blank]
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IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of this [________] of [________], 2024.
AMPLIFY ENERGY CORP.
By:
Name: Eric M. Willis
Title: |
PARTICIPANT
Name: [________]
Signature Page
to
Time-Based Restricted Stock Unit Award Agreement