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AMENDMENT TO EMPLOYMENT
AGREEMENT
This Amendment to
Employment Agreement (the “Amendment”) by and between
The Meridian Resource Corporation, a Texas corporation (the
“Company”), and Paul D. Ching (the
“Executive”) is made and entered into as of
June 4, 2009.
WHEREAS, the
Executive is employed by the Company in the capacity of President
and Chief Executive Officer under an Employment Agreement dated
effective as of December 30, 2008 (the “Employment
Agreement”); and
WHEREAS, the
Executive and the Company wish to amend the Employment Agreement in
accordance with the provisions of this Amendment.
NOW, THEREFORE, in
consideration of the mutual covenants hereinafter set forth and for
other good and valuable consideration, the parties hereto hereby
agree as follows:
1. Section 1.3 of the Employment Agreement.
Section 1.3 of the Employment Agreement is hereby amended and
restated to provide as follows:
“1.3 TERM.
This Agreement shall become effective as of December 30, 2008
(the “Effective Date&rdqu
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