2008 EMPLOYMENT AGREEMENT
This 2008 EMPLOYMENT AGREEMENT (this “ Agreement ”) is made and entered into this 12th day
of March, 2008 (the “ Effective Date ”), by and between Toreador Resources Corporation, a Delaware
corporation (the “ Company ”) and Charles J. Campise (“ Executive ”) of the Company.
A. The parties hereto intend that this Agreement shall become effective upon the Effective Date.
B. The Company currently employs Executive in an executive capacity with the Company.
C. The Company desires to continue its employment of Executive in an executive capacity with the Company,
and Executive desires to continue his employment with the Company pursuant to the terms set forth in this
D. The Company and Executive desire to set forth in writing the terms and conditions of their agreement and
understandings with respect to the continued employment of Executive.
E. This Agreement is a condition of Executive’s continued employment and is ancillary thereto.
NOW, THEREFORE, in consideration of the mutual premises and covenants set forth in this Agreement and
other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties
hereto hereby agree as follows:
(a) “ Annual Base Salary ” shall mean Executive’s gross annual salary before any deductions, exclusions or
any deferrals or contributions under any Company plan or program of the Company, but excluding bonuses,
incentive compensation, employee benefits or any other non-salary form of compensation.
(b) “ Cause ” shall mean (i) Executive’s commission of a dishonest or fraudulent act in connection with
Executive’s employment, or the misappropriation of Company property; (ii) Executive’s conviction of, or plea of
nolo contendere to, a felony or crime involving dishonesty; (iii) Executive’s inattention to duties, unsatisfactory
performance, or failure to perform Executive duties hereund