0001047469-09-009334 Sample Contracts

RISK SERVICES AGREEMENT BETWEEN Sociedade Nacional de Combustíveis de Angola - Empresa Pública (Sonangol, E.P.) and CIE Angola Block 9 Ltd. Sonangol Pesquisa e Produção, S.A. Nazaki Oil and Gás and Alper Oil, Lda in the Area of Block 9/09
Risk Services Agreement • October 30th, 2009 • Cobalt International Energy, Inc. • Crude petroleum & natural gas

Sociedade Nacional de Combustíveis de Angola - Empresa Pública (Sonangol, E.P.), hereinafter referred to as “Sonangol”, a company with headquarters in Luanda, Republic of Angola, created in accordance with Decree n°. 52/76, of 9 June 1976;

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LONG TERM INCENTIVE PLAN Restricted Stock Award Agreement IPO Award — Class C Interests
Non-Competition Agreement • October 30th, 2009 • Cobalt International Energy, Inc. • Crude petroleum & natural gas • Delaware

You have been granted restricted stock (this “Award”) on the following terms and subject to the provisions of Attachment A and the Cobalt Energy International, Inc. Long Term Incentive Plan (the “Plan”). Unless defined in this Award agreement (including Attachment A, this “Agreement”), capitalized terms will have the meanings assigned to them in the Plan. In the event of a conflict among the provisions of the Plan, this Agreement and any descriptive materials provided to you, the provisions of the Plan will prevail.

DIABA LICENSE (G4-223) EXPLORATION AND PRODUCTION SHARING CONTRACT BETWEEN THE GABONESE REPUBLIC AND TOTAL GABON
Cobalt International Energy, Inc. • October 30th, 2009 • Crude petroleum & natural gas

The Gabonese State, represented by Mr. Richard Auguste ONOUVIET, Minister of Mines, Energy, Petroleum and Hydraulic Resources.

FORM OF] SEVERANCE AGREEMENT
Severance Agreement • October 30th, 2009 • Cobalt International Energy, Inc. • Crude petroleum & natural gas • Texas

This SEVERANCE AGREEMENT (this “Agreement”) dated as of October 23, 2009, is made by and between COBALT INTERNATIONAL ENERGY, INC., a Delaware corporation (the “Company”), and [·] (“Employee”) and, for the limited purpose of Article 2, Cobalt International Energy, L.P. (the “Partnership”).

ASSIGNMENT AGREEMENT Between TOTAL GABON and CIE GABON DIABA LTD. Block DIABA (G4-223), Offshore Gabon
Assignment Agreement • October 30th, 2009 • Cobalt International Energy, Inc. • Crude petroleum & natural gas

TOTAL GABON, a company incorporated under the laws of the Republic of Gabon, whose registered office is located at Boulevard Hourcq, BP 525, Port Gentil, République du Gabon, represented by Mr. Jean BIÉ in his capacity of General Manager (hereinafter referred to individually as “TOTAL GABON” or the “Assignor”), and

FORM OF] EMPLOYMENT AGREEMENT
Employment Agreement • October 30th, 2009 • Cobalt International Energy, Inc. • Crude petroleum & natural gas • Texas

This EMPLOYMENT AGREEMENT (this “Agreement”) dated as of October 23, 2009, is made by and between COBALT INTERNATIONAL ENERGY, INC., a Delaware corporation (the “Company”), and [·] (“Employee”) and, for the limited purpose of Article 2, Cobalt International Energy, L.P. (the “Partnership”).

LONG TERM INCENTIVE PLAN Restricted Stock Award Agreement IPO Award — Class D Interests
Award Agreement • October 30th, 2009 • Cobalt International Energy, Inc. • Crude petroleum & natural gas • Delaware

You have been granted restricted stock (this “Award”) on the following terms and subject to the provisions of Attachment A and the Cobalt Energy International, Inc. Long Term Incentive Plan (the “Plan”). Unless defined in this Award agreement (including Attachment A, this “Agreement”), capitalized terms will have the meanings assigned to them in the Plan. In the event of a conflict among the provisions of the Plan, this Agreement and any descriptive materials provided to you, the provisions of the Plan will prevail.

OFFSHORE DAYWORK DRILLING CONTRACT BETWEEN COBALT INTERNATIONAL ENERGY, L.P. (“OPERATOR”) AND ENSCO OFFSHORE COMPANY (“CONTRACTOR”) FOR ENSCO 8503 NEW-BUILD DP SEMI-SUBMERSIBLE DRILLING RIG (THE “RIG”) DATED May 5, 2008
Gantry Crane • October 30th, 2009 • Cobalt International Energy, Inc. • Crude petroleum & natural gas • Texas

This Offshore Daywork Drilling Contract (“Drilling Contract”) is made and entered into as of this 5th day of May, 2008, by and between COBALT INTERNATIONAL ENERGY, L.P. (“Cobalt”), a Delaware limited partnership, (“Operator”) and ENSCO Offshore Company (“ENSCO”) a Delaware corporation (“Contractor”). Operator and Contractor may hereinafter be referred to individually as a “Party” or collectively as the “Parties”.

REORGANIZATION AGREEMENT dated as of , 2009 among COBALT INTERNATIONAL ENERGY, L.P., COBALT INTERNATIONAL ENERGY, INC., [COBALT MERGER SUBSIDIARY] and THE OTHER PARTIES SIGNATORY HERETO
Reorganization Agreement • October 30th, 2009 • Cobalt International Energy, Inc. • Crude petroleum & natural gas • Delaware

REORGANIZATION AGREEMENT (this “Agreement”) dated as of , 2009(1) among Cobalt International Energy, L.P., a Delaware limited partnership (the “Partnership”), Cobalt International Energy, Inc., a Delaware corporation and wholly-owned subsidiary of the Partnership (“Newco”), [Cobalt Merger Subsidiary], a Delaware corporation and wholly-owned subsidiary of Newco (“Merger Subsidiary”), and the other parties signatory hereto.

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