November 4, 2015 Mr. Brian Gelman Dear Mr. Gelman,Warren Resources Inc • November 6th, 2015 • Crude petroleum & natural gas • New York
Company FiledNovember 6th, 2015 Industry JurisdictionIn recognition of your continuing contributions and loyalty to Warren Resources, Inc. and your appointment to the role of Interim Chief Financial Officer and Interim Chief Accounting Officer (the “Company”) in the critical months ahead, this letter agreement sets forth the retention bonus payments that the Company will provide to you and the terms and conditions of those payments.