0000928022-16-000132 Sample Contracts

PHANTOM SHARE AWARD AGREEMENT
Phantom Share Award Agreement • March 3rd, 2016 • Callon Petroleum Co • Crude petroleum & natural gas • Delaware
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PHANTOM SHARE AWARD AGREEMENT
Phantom Share Award Agreement • March 3rd, 2016 • Callon Petroleum Co • Crude petroleum & natural gas • Delaware
RESTRICTED STOCK UNIT AWARD AGREEMENT UNDER THE CALLON PETROLEUM COMPANY 2011 OMNIBUS INCENTIVE PLAN
Restricted Stock Unit Award Agreement • March 3rd, 2016 • Callon Petroleum Co • Crude petroleum & natural gas • Delaware

THIS AGREEMENT is made and entered into on this ____ day of ____, ____ (the “Grant Date”), between Callon Petroleum Company, a Delaware corporation (the “Company”) and ___________ (“Grantee”), under and pursuant to the provisions of the Callon Petroleum Company 2011 Omnibus Incentive Plan, as adopted by the Board of Directors (the “Board”) and effective as of May 12, 2011, and last amended May 14, 2015 (the “Plan”). The Compensation Committee of the Board (the “Committee”) has determined that Grantee is eligible to participate as a Grantee under the Plan, and, to carry out its purposes, has effective on the Grant Date authorized, in accordance with Article 9 of the Plan, in recognition of Grantee’s past performance with the Company and to incentivize Grantee’s future performance, the award of Restricted Stock Units to Grantee. Terms with initial capital letters as used herein that are not defined in this Agreement shall have the same meanings as ascribed thereto in the Plan.

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