California Resources Corporation Sample Contracts

CALIFORNIA RESOURCES CORPORATION RESTRICTED STOCK UNIT AWARD FOR NON-EMPLOYEE DIRECTORS GRANT AGREEMENT
California Resources Corporation • March 11th, 2021 • California Resources Corp • Crude petroleum & natural gas

Agreement (this “Agreement”) made as of the Date of Grant between CALIFORNIA RESOURCES CORPORATION, a Delaware corporation (“CRC”), and with its subsidiaries (the “Company”), and the Eligible Person receiving this Award (the “Grantee”).

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CALIFORNIA RESOURCES CORPORATION Retention Bonus Agreement
California Resources Corporation • June 25th, 2020 • California Resources Corp • Crude petroleum & natural gas • California

In light of your importance to the continued success of California Resources Corporation (the “Company”) and to provide you with an incentive to remain with the Company during the coming year, the Company will provide you with a cash retention bonus of $<<Bonus Amount>> (your “Retention Bonus”), less applicable withholdings and deductions, on May 21, 2020 (the “Payment Date”), subject to the terms and conditions of this Retention Bonus Agreement (this “Agreement”).

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