Attached files

file filename
8-K - 8-K - American Standard Energy Corp.v244792_8k.htm
EX-10.1 - EX-10.1 - American Standard Energy Corp.v244792_ex10-1.htm
EX-10.2 - EX-10.2 - American Standard Energy Corp.v244792_ex10-2.htm

American Standard Energy Corp.
4800 North Scottsdale Road, Suite 1400
Scottsdale, AZ 85251

December 30, 2011

Scott Mahoney
10119 W. Lariat Lane
Peoria, AZ 85383

Re:           Amendment to the Founders Shares Vesting Agreement

Dear Scott:

Reference is made to the Founders Shares Vesting Agreement dated as of April 15, 2010 (the “Founders Shares Vesting Agreement”), by and between American Standard Energy Corp. (the “Private Company”), a Nevada corporation that is wholly owned by American Standard Energy Corp. (the “Public Company”), a Delaware corporation, and Scott Mahoney (the “CFO”).

The purpose of this letter agreement (the “Letter Agreement”) is to set forth the agreement between you and the Public Company in accordance with the following: it is hereby acknowledged and agreed that the Founders Shares Vesting Agreement is of no further force or effect and is not the binding obligation of the Public Company or the Private Company (other than with respect to the vesting schedule ratified by the Public Company on August 29, 2011, which remains in force and effect).

To indicate your agreement to the foregoing and for good and valuable consideration, the receipt and sufficiency of which is hereby mutually acknowledged, kindly sign and return to the Public Company a counterpart to this Letter Agreement.  Each counterpart shall be deemed to be an original but all of them together will constitute one and the same Letter Agreement.

[signatures on following page]
 
 
 

 

Very truly yours,
 
AMERICAN STANDARD ENERGY CORP., a Delaware corporation
     
By:
/s/ Scott Feldhacker
 
 
 Name:  
Scott Feldhacker
 
 
 Title:
CEO
 
       
AMERICAN STANDARD ENERGY CORP., a Nevada corporation
     
By:
/s/ Scott Feldhacker
 
 
 Name:  
Scott Feldhacker
 
 
 Title:
CEO
 
       
AGREED TO AND ACCEPTED AS OF
 
THIS 30th DAY OF DECEMBER, 2011 BY:
 
   
/s/ Scott Mahoney
 
By: Scott Mahoney