ENERGY PARTNERS , L TD. NON -E MPLOYEE DIRECTOR COMPENSATION SUMMARY

Executive Compensation Plan Agreement

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ENERGY PARTNERS LTD

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Title: ENERGY PARTNERS , L TD. NON -E MPLOYEE DIRECTOR COMPENSATION SUMMARY
Date: 8/5/2009
Industry: Oil and Gas Operations Sector: Energy

Exhibit 10.14

E NERGY P ARTNERS , L TD .

N ON -E MPLOYEE D IRECTOR C OMPENSATION S UMMARY

( AS OF J ULY 2009)

Annual Retainers and Meeting Fees

The non-employee directors of Energy Partners, Ltd. are entitled to receive the following compensation:

•

an annual retainer fee of $20,000 per year;

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meeting fees of $2,000 for each Board meeting attended;

•

meeting fees of $1,500 for each committee meeting attended (even if held on the same date as a Board meeting);

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an additional retainer of $5,000 per year for each member of the Audit Committee, plus an additional retainer of $15,000 per year for the chairperson of the Audit Committee; and

•

an additional retainer of $10,000 per year for the chairperson of each of the Compensation Committee and Nominating & Governance Committee.

Meeting fees are paid in cash. Retainer fees are paid in shares of common stock (valued at fair market value); provided that a director may elect to receive up to 50% of such retainer fe

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