Eligible Employee and Consultant Sample Contracts

ELIGIBLE EMPLOYEE AND CONSULTANT RESTRICTED STOCK AWARD AGREEMENT GMX RESOURCES INC. AMENDED AND RESTATED 2008 LONG-TERM INCENTIVE PLAN
Eligible Employee and Consultant • August 9th, 2011 • GMX Resources Inc • Crude petroleum & natural gas • Oklahoma

THIS ELIGIBLE EMPLOYEE AND CONSULTANT RESTRICTED STOCK AWARD AGREEMENT (this "Agreement") is entered into effective as of the grant date set forth on the attached Notice of Grant of Restricted Stock attached hereto as Appendix A (the "Notice"), for all purposes, by and between GMX Resources Inc., an Oklahoma corporation (the "Company"), and the individual named on the Notice (the "Participant"), with reference to the following circumstances:

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