Common Contracts

LONE PINE RESOURCES INC. 2011 STOCK INCENTIVE PLAN FORM OF PHANTOM STOCK UNIT (RSU AWARD) AGREEMENT FOR CANADIAN EMPLOYEE GRANTEES (CASH ONLY)

Phantom Stock Unit Agreement • June 6th, 2011 • Lone Pine Resources Inc. • Crude petroleum & natural gas • Delaware

• Contract Type
  Phantom Stock Unit Agreement
• Filed
  June 6th, 2011
• Company
  Lone Pine Resources Inc.
• Industry
  Crude petroleum & natural gas
• Jurisdiction
  Delaware

This Phantom Stock Unit Agreement (“Agreement”) is made as of the day of , 20 , between Lone Pine Resources Inc., a Delaware corporation (“Lone Pine”), and (the “Employee”). For purposes of this Agreement, the term “the Company” shall include Lone Pine and its Affiliates, as defined in the Lone Pine Resources Inc. 2011 Stock Incentive Plan (the “Plan”).

LONE PINE RESOURCES INC. 2011 STOCK INCENTIVE PLAN FORM OF PHANTOM STOCK UNIT (RSU AWARD) AGREEMENT FOR CANADIAN EMPLOYEE GRANTEES (CASH ONLY)

Phantom Stock Unit Agreement • May 3rd, 2011 • Lone Pine Resources Inc. • Crude petroleum & natural gas • Delaware

• Contract Type
  Phantom Stock Unit Agreement
• Filed
  May 3rd, 2011
• Company
  Lone Pine Resources Inc.
• Industry
  Crude petroleum & natural gas
• Jurisdiction
  Delaware

This Phantom Stock Unit Agreement (“Agreement”) is made as of the day of , 20 , between Lone Pine Resources Inc., a Delaware corporation (“Lone Pine”), and (the “Employee”). For purposes of this Agreement, the term “the Company” shall include Lone Pine and its Affiliates, as defined in the Lone Pine Resources Inc. 2011 Stock Incentive Plan (the “Plan”).