0001140361-23-030112 Sample Contracts

BARNWELL INDUSTRIES, INC. Summary for Restricted Stock Unit Award Agreement
Director Restricted Stock Unit Award Agreement • June 15th, 2023 • Barnwell Industries Inc • Crude petroleum & natural gas • Delaware

This Director Restricted Stock Unit Award Agreement (this “Agreement”) sets forth the terms and conditions of the restricted stock units (“Restricted Stock Units” or “RSUs”) granted by Barnwell Industries, Inc., a Delaware corporation (the “Company”), under the Barnwell Industries, Inc. Amended and Restated 2018 Equity Incentive Plan, as amended from time to time (the “Plan”), and pursuant to the Summary of Restricted Stock Unit Award Grant (the “Summary”) set forth above. The Summary specifies the person to whom the RSUs are granted (“Holder”), the grant date of the RSUs (the “Grant Date”), the vesting schedule of the RSUs (the “Vesting Schedule”), the aggregate number of RSUs granted to Holder, and other specific details of the grant. The Summary is deemed part of this Agreement.

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