0001213900-16-009915 Sample Contracts

VOTING AGREEMENT

Voting Agreement • January 5th, 2016 • Lilis Energy, Inc. • Crude petroleum & natural gas • Delaware

• Contract Type
  Voting Agreement
• Filed
  January 5th, 2016
• Company
  Lilis Energy, Inc.
• Industry
  Crude petroleum & natural gas
• Jurisdiction
  Delaware

This VOTING AGREEMENT (the “Agreement”) is made and entered into as of this 29th day of December, 2015, by and among Lilis Energy, Inc., a Nevada corporation (“Lilis”), Lilis Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Lilis (“Merger Sub”), Brushy Resources, Inc., a Delaware corporation (“Brushy”), and SOSventures, LLC (the “Stockholder”).

Forbearance AGREEMENT

Forbearance Agreement • January 5th, 2016 • Lilis Energy, Inc. • Crude petroleum & natural gas • Arkansas

• Contract Type
  Forbearance Agreement
• Filed
  January 5th, 2016
• Company
  Lilis Energy, Inc.
• Industry
  Crude petroleum & natural gas
• Jurisdiction
  Arkansas

This Forbearance Agreement (this “Agreement”) is dated effective as of December 29, 2015, by and among LILIS ENERGY, INC., a Nevada corporation (“Borrower”), HEARTLAND BANK, an Arkansas state bank, as administrative agent (in such capacity, “Agent”), and the financial institutions from time to time signatory hereto (individually each a “Lender” and any and all such financial institutions, collectively, the “Lenders”).

DEBENTURE CONVERSION AGREEMENT

Debenture Conversion Agreement • January 5th, 2016 • Lilis Energy, Inc. • Crude petroleum & natural gas • New York

• Contract Type
  Debenture Conversion Agreement
• Filed
  January 5th, 2016
• Company
  Lilis Energy, Inc.
• Industry
  Crude petroleum & natural gas
• Jurisdiction
  New York

THIS DEBENTURE CONVERSION AGREEMENT (this “Agreement”) is made as of this 29th day of December, 2015, by and between Lilis Energy, Inc., a Nevada corporation (the “Company”), T.R. Winston & Company, as placement agent in the transactions through which the Holders purchased the Conversion Debentures, and continues to act as collateral agent in connection with the Conversion Debentures (“TRW”), and the parties designated on Exhibit A hereto as Holders (each a “Holder” and together the “Holders”).

NOTE EXCHANGE AGREEMENT

Note Exchange Agreement • January 5th, 2016 • Lilis Energy, Inc. • Crude petroleum & natural gas • New York

• Contract Type
  Note Exchange Agreement
• Filed
  January 5th, 2016
• Company
  Lilis Energy, Inc.
• Industry
  Crude petroleum & natural gas
• Jurisdiction
  New York

NOTE EXCHANGE AGREEMENT, dated as of December [ ], 2015 (this “Agreement”), by and among Lilis Energy, Inc. (the “Company”) and each of the parties listed on the signature pages hereto (each a “Noteholder”, and collectively, the “Noteholders”). Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to such terms in the Original Note (as defined herein).