Form of Stock Option Agreement for Canadian Grantees Sample Contracts

LONE PINE RESOURCES INC. 2011 STOCK INCENTIVE PLAN FORM OF STOCK OPTION AGREEMENT FOR CANADIAN GRANTEES
Form of Stock Option Agreement for Canadian Grantees • April 27th, 2011 • Lone Pine Resources Inc. • Crude petroleum & natural gas • Delaware

To carry out the purposes of the LONE PINE RESOURCES INC. 2011 STOCK INCENTIVE PLAN (the “Plan”), by affording Employee the opportunity to purchase shares of the common stock of the Company, par value $.01 per share (“Stock”), and in consideration of the mutual agreements and other matters set forth herein and in the Plan, the Company and Employee hereby agree as follows:

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