COMMON STOCK PURCHASE WARRANT LILIS ENERGY, INC.Security Agreement • August 25th, 2016 • Lilis Energy, Inc. • Crude petroleum & natural gas • New York
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, SOSV Investments LLC or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after June 23, 2016 (the “Initial Exercise Date”) and on or prior to 3:00 p.m. Mountain Time on the second year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Lilis Energy, Inc., a Nevada corporation (the “Company”), up to 200,000 shares (as subject to adjustment hereunder, the “Warrant Shares”) of the Company’s common stock (“Common Stock”). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
GUARANTY (Lilis Energy, Inc.)Guaranty • August 25th, 2016 • Lilis Energy, Inc. • Crude petroleum & natural gas • Texas
This GUARANTY (herein so called) dated June 22, 2016, is by Lilis Energy, Inc., a Nevada corporation (herein referred to as the “Guarantor”). Terms defined in the Credit Agreement (hereinafter defined) are used herein as therein defined, unless otherwise defined herein or the context otherwise requires.
THIS TRANSACTION FEE AGREEMENT (this “Agreement”) is made as of the 6th day of June, 2016.Transaction Fee Agreement • August 25th, 2016 • Lilis Energy, Inc. • Crude petroleum & natural gas • New York
ESCROW DEPOSIT AGREEMENTEscrow Deposit Agreement • August 25th, 2016 • Lilis Energy, Inc. • Crude petroleum & natural gas • New York
This ESCROW DEPOSIT AGREEMENT (this “Agreement”) dated as of this 26th day of May 2016, by and among LILIS ENERGY, INC., a Nevada corporation (the “Company”), having an address at 216 16th Street, Suite 1350, Denver, CO 80202, T.R. WINSTON & COMPANY, LLC, a Delaware limited liability company (“Placement Agent”), having its principal address at 2049 Century Park East, Suite 320, Los Angeles, CA 90067, and SIGNATURE BANK (the “Escrow Agent”), a New York State chartered bank, having an office at 261 Madison Avenue, New York, New York 10016. All capitalized terms not herein defined shall have the meaning ascribed to them in that certain Securities Purchase Agreement, dated on or about the date hereof, including all attachments, schedules and exhibits thereto (the “Subscription Agreement”).
FIRST AMENDMENT to TRANSACTION FEE agreementTransaction Fee Agreement • August 25th, 2016 • Lilis Energy, Inc. • Crude petroleum & natural gas
This First Amendment to that certain Transaction Fee Agreement (this “Amendment”) is dated effective as of June 8, 2016, among LILIS ENERGY, INC., a Nevada corporation (“Company”) and T.R. WINSTON & COMPANY, LLC, as Broker.
