THIS EMPLOYMENT AGREEMENT ("Agreement") dated as of November 1, 1995, is by and between Swift
Energy Company, a Texas corporation (the "Company"), and John R. Alden ("Employee").
W I T N E S S E T H:
WHEREAS, Employee is employed as Senior Vice President of the Company; and
WHEREAS, the Company and Employee wish to document certain terms of employment of Employee in such
NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, the Company
and Employee hereby agree as follows:
1. EMPLOYMENT AND TERM OF EMPLOYMENT. Subject to the terms and conditions of this Agreement,
the Company hereby agrees to employ Employee, and Employee hereby agrees to serve as Senior Vice
President of the Company, or in such other position as is mutually acceptable to both Employee and the
Company, for a period of three years commencing on the date hereof, which period shall automatically be
extended for an additional year on each anniversary of this Agreement thereafter (as so extended at any time, the
"Term of Employment") unless notice to the contrary is given not less than 60 days prior to any anniversary of this
Agreement by either party to this Agreement.
2. SCOPE OF EMPLOYMENT. During the Term of Employment, (i) Employee will serve as Senior Vice
President with the powers and responsibilities of such position set forth in the bylaws of the Company, or in such
other position as is mutually acceptable to both Employee and the Company, and Employee will perform
diligently to the best of his ability those duties set forth therein and in this Agreement in a manner that promotes
the interests and goodwill of the Company,
(ii) the Company shall not require Employee to relocate from Houston, Texas, and
(iii) the Company may assign Employee to other duties.
3. COMPENSATION. During the Term of Employment, the Company shall compensate Employee for his
services hereunder in such amount as shall be determined by the Compensation Committee of the Board