0001047469-11-004723 Sample Contracts

LIMITED LIABILITY COMPANY AGREEMENT OF LRE GP, LLC
Limited Liability Company Agreement • May 6th, 2011 • LRR Energy, L.P. • Delaware

This Limited Liability Company Agreement (this “Agreement”) of LRE GP, LLC is adopted, executed, and agreed to by the sole Member (as defined below), as of May 5, 2011.

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AGREEMENT OF LIMITED PARTNERSHIP OF LRR ENERGY, L.P.
Agreement • May 6th, 2011 • LRR Energy, L.P. • Delaware

This Agreement of Limited Partnership, dated as of May 5, 2011 (this “Agreement”), is entered into and executed by LRE GP, LLC, a Delaware limited liability company, as the General Partner (as defined herein), and Lime Rock Management LP, as the organizational Limited Partner (as defined herein).

STAKEHOLDERS’ AGREEMENT
Stakeholders’ Agreement • May 6th, 2011 • LRR Energy, L.P. • Delaware

This STAKEHOLDERS’ AGREEMENT (this “Agreement”) is dated effective as of May 5, 2011, and is made by and among LRR Energy, L.P. (“LRR Energy”), LRE GP, LLC, the general partner of LRR Energy (the “General Partner”), Lime Rock Resources GP, L.P., (“Lime Rock Resources”), Lime Rock Resources A, L.P. (“LRR-A”), Lime Rock Resources B, L.P. (“LRR-B”), Lime Rock Resources C, L.P. (“LRR-C,” and together with LRR-A and LRR-B, the “Property Contributors”), Lime Rock Management LP (“Lime Rock Management”), Lime Rock Resources GP II, L.P. (“Lime Rock Resources II”), Lime Rock Resources II-A, L.P. (“LRRA-II”) and Lime Rock Resources II-C, L.P. (“LRRC-II,” and together with LRRA-II, the “Fund II Partnerships”). Terms that are capitalized but not defined shall have the meanings assigned to such terms in Article I of this Agreement.

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