LNG Cheniere Energy Inc

On August 26, 2016, Cheniere Energy, Inc. (the “Company”) entered into a Release Agreement (the “Release Agreement”) with Meg A. Gentle, its Executive Vice President–Marketing, in connection with Ms. Gentle’s departure from the Company. Pursuant to the terms of the Release Agreement, the Company and Ms. Gentle have agreed that (i) with respect to Ms. Gentle’s outstanding unvested shares under the Company’s 2011 Incentive Plan Restricted Stock Grant, dated February 18, 2013, by and between Ms. Gentle and the Company, the Company has agreed to waive the continuous service requirement related to the 120,000 shares of restricted stock that vest upon substantial completion of Train 4 at the Company’s liquefaction project under construction at the Sabine Pass LNG terminal in Louisiana and Ms. Gentle has agreed to forfeit the remaining 180,000 unvested shares of restricted stock; and (ii) with respect to Ms. Gentle’s outstanding unvested units under the Company’s 2015 Long-Term Cash Incentive Plan Phantom Unit Award Agreement, dated April 21, 2015, by and between Ms. Gentle and the Company, the Company has agreed that 100,000 units shall vest in full and Ms. Gentle has agreed to forfeit the remaining 33,333 unvested phantom units.

In addition, the Release Agreement contains a mutual release by the Company and Ms. Gentle from certain employment related claims and, with limited exceptions, an agreement not to commence any employment related action or proceeding against the other party. Furthermore, Ms. Gentle has agreed in the Release Agreement, for a period of three months, not to solicit or induce any employee of the Company or its affiliates to terminate his or her employment with the Company or its affiliates. In addition, Ms. Gentle has agreed in the Release Agreement not to use or disclose any of the Company’s confidential or proprietary information.