0001104659-15-076457 Sample Contracts

November 4, 2015 Mr. Brian Gelman Dear Mr. Gelman,
Retention Bonus Agreement • November 6th, 2015 • Warren Resources Inc • Crude petroleum & natural gas • New York

In 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.

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