EX-10.1
from 8-K
2 pages
April 24, 2020 Salah Gamoudi Dear Salah: We Are Pleased to Extend You an Offer of Employment With Sandridge Energy, Inc. (“Sandridge”) as Vice President – Accounting & Finance. in This Position You Will Report to Mike Johnson With an Estimated Start Date of April 27, 2020. Your Initial Annualized Salary Will Be $250,000. as an Employee in an Exempt Position, You Will Not Be Entitled to Compensation for Hours Worked in Excess of 40 Hours Per Week. You Will Also Be Eligible for the Following: • a Target Annual Bonus of 50 Percent of Your Annualized Salary Under Sandridge’s Annual Incentive Plan (“Aip”). Any Bonus Payment Is Subject to You Being Employed by Sandridge in Good Standing on the Date of Payment. the Decision to Award a Bonus Is Solely at the Discretion of Sandridge
12/34/56
EX-10.1
from 8-K
3 pages
April 6, 2020 Mr. Carl F. Giesler, Jr. 3012 Reba Dr. Houston, Texas 77019 Dear Carl: On Behalf of the Board of Directors of Sandridge Energy, Inc. (The “Board”), I Am Pleased to Offer You (“Executive”) Employment in the Position of Chief Executive Officer of Sandridge Energy, Inc. (“Corporation”) From and After April 6, 2020 (The “Effective Date”)
12/34/56