0001213900-15-002726 Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • April 15th, 2015 • Lilis Energy, Inc. • Crude petroleum & natural gas • New York

THIS EXECUTIVE EMPLOYMENT AGREEMENT (“Agreement”) is entered into this 16th day of March, 2015 (the “Effective Date”) by and between Lilis Energy, Inc. (the “Company”), and Ariella Fuchs (“Executive”). Executive and the Company are referred to individually as a “Party” and collectively as the “Parties.”

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RECOVERY ENERGY, INC. 2012 EQUITY INCENTIVE PLAN STOCK OPTION AWARD AGREEMENT
Equity Incentive Plan Stock Option Award Agreement • April 15th, 2015 • Lilis Energy, Inc. • Crude petroleum & natural gas • Colorado

This Stock Option Award Agreement (the “Agreement”), is made as of the 14th day of April 2015, by and between Lilis Energy, Inc., a Nevada corporation (the “Company”), and Eric Ulwelling (the “Participant”).

RECOVERY ENERGY, INC. 2012 EQUITY INCENTIVE PLAN STOCK OPTION AWARD AGREEMENT
Incentive Plan Stock Option Award Agreement • April 15th, 2015 • Lilis Energy, Inc. • Crude petroleum & natural gas • Colorado

This Stock Option Award Agreement (the “Agreement”), is made as of the 14th day of April 2015, by and between Lilis Energy, Inc., a Nevada corporation (the “Company”), and Ariella Fuchs (the “Participant”).

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