0001047469-12-003164 Sample Contracts

LONE PINE RESOURCES INC. 2011 STOCK INCENTIVE PLAN PHANTOM STOCK UNIT (RSU AWARD) AGREEMENT FOR CANADIAN EMPLOYEE GRANTEES
Phantom Stock Unit Agreement • March 23rd, 2012 • Lone Pine Resources Inc. • Crude petroleum & natural gas • 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").

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LONE PINE RESOURCES INC. 2011 STOCK INCENTIVE PLAN PERFORMANCE UNIT AWARD AGREEMENT FOR CANADIAN GRANTEES [ , 20 ]
Lone Pine Resources Inc. • March 23rd, 2012 • Crude petroleum & natural gas • Delaware

This Agreement sets forth the terms of the agreement between you and the Company with respect to the Performance Units. By accepting this Agreement, you agree to be bound by all of the terms hereof.

FORM OF FIRST AMENDMENT TO SEVERANCE AGREEMENT
Severance Agreement • March 23rd, 2012 • Lone Pine Resources Inc. • Crude petroleum & natural gas

THIS FIRST AMENDMENT TO SEVERANCE AGREEMENT ("Amendment") is made this day of , 2012, by and between Lone Pine Resources Inc., a Delaware corporation (the "Company"), and ("Employee").

FIRST AMENDMENT TO TAX SHARING AGREEMENT between FOREST OIL CORPORATION AND ITS AFFILIATES and LONE PINE RESOURCES INC. AND ITS AFFILIATES Dated as of March 21, 2012
Tax Sharing Agreement • March 23rd, 2012 • Lone Pine Resources Inc. • Crude petroleum & natural gas • New York

This First Amendment (this "Amendment") to the Tax Sharing Agreement is made and entered into as of March 21, 2012, by and between Forest Oil Corporation ("Forest"), a New York corporation, and Lone Pine Resources Inc. ("Lone Pine"), a Delaware corporation. Capitalized terms used herein and not otherwise defined are used as defined in the Tax Sharing Agreement, dated as of May 25, 2011, between Forest and Lone Pine (as amended, the "Tax Sharing Agreement").

LONE PINE RESOURCES INC. 2011 STOCK INCENTIVE PLAN STOCK OPTION AGREEMENT FOR CANADIAN GRANTEES
Lone Pine Resources Inc. • March 23rd, 2012 • Crude petroleum & natural gas • Delaware

To carry out the purposes of the LONE PINE RESOURCES INC. 2011 STOCK INCENTIVE PLAN (the "Plan"), by affording Employee the opportunity to purchase shares of the common stock of the Company, par value $.01 per share ("Stock"), and in consideration of the mutual agreements and other matters set forth herein and in the Plan, the Company and Employee hereby agree as follows:

Form of Canadian Employee Cash-Settled Only Phantom Stock Unit Agreement] LONE PINE RESOURCES INC. 2011 STOCK INCENTIVE PLAN PHANTOM STOCK UNIT (RSU AWARD) AGREEMENT FOR CANADIAN EMPLOYEE GRANTEES
Phantom Stock Unit Agreement • March 23rd, 2012 • Lone Pine Resources Inc. • Crude petroleum & natural gas • 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").

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