Document:

EX-10.3

 Exhibit 10.3 

EXECUTION VERSION 

REGISTRATION RIGHTS AGREEMENT 

This Registration Rights Agreement (including all exhibits hereto and as may be amended, supplemented or amended and restated from time to
time in accordance with the terms hereof, this “Agreement”) is made and entered into as of October 12, 2016, by and among Goodrich Petroleum Corporation, a corporation incorporated under the laws of Delaware (the
“Company”), and the other parties signatory hereto and any additional parties identified on the signature pages of any joinder agreement executed and delivered pursuant hereto (each a “Holder” and collectively, the
“Holders”). 
 WHEREAS, the Company and certain affiliated debtors (collectively, the “Debtors”) filed a
Plan of Reorganization pursuant to Chapter 11 of the United States Bankruptcy Code, on August 12, 2016 which, as amended, was confirmed by the United States Bankruptcy Court for the Southern District of Texas Houston Division on September 28, 2016
(including all exhibits, schedules and supplements thereto and as amended from time to time, the “Plan”); 
 WHEREAS, in
connection with the Company’s emergence from bankruptcy pursuant to the Plan, the Initial Holders agreed to purchase the Initial Notes (as defined below) from the Company and in connection therewith will receive certain warrants (the
“Warrants”) from the Company; and 
 WHEREAS, the Company and the Initial Holders have agreed to enter into this Agreement
pursuant to which the Company shall grant the Initial Holders registration rights with respect to the Registrable Securities in furtherance of the foregoing. 

NOW, THEREFORE, IN CONSIDERATION of the mutual covenants contained in this Agreement, and for other good and valuable consideration, the
receipt and adequacy of which are hereby acknowledged, the Company and each of the Holders agree as follows: 
 1. Definitions.
Capitalized terms used and not otherwise defined herein that are defined in the Plan have the meanings given such terms in the Plan. As used in this Agreement, the following terms shall have the following meanings: 

“Advice” has the meaning set forth in Section 15(c). 

“Affiliate” means, with respect to any person, any other person which directly or indirectly controls, is controlled by, or
is under common control with, such person. The term “control” (including the terms “controlled by” and “under common control with”) as used in this definition means the possession, directly or indirectly (including
through one or more intermediaries), of the power or authority to direct or cause the direction of management, whether through the ownership of voting securities, by contract or otherwise. 

“Agreement” has the meaning set forth in the Preamble. 

“Automatic Shelf Registration Statement” means an “automatic shelf registration statement” as defined in
Rule 405 promulgated under the Securities Act, as such definition may be amended from time to time.

  
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 “beneficially own” (and related terms such as “beneficial ownership”
and “beneficial owner”) shall have the meaning given to such term in Rule 13d-3 and Rule 13d-5 under the Exchange Act, and any Person’s beneficial ownership of securities shall be calculated in accordance with the provisions of
such Rule. 
 “Board” means the Board of Directors of the Company. 

“Business Day” means any day, other than a Saturday or Sunday or a day on which commercial banks in New York City are
required by law to be closed. 
 “Commission” means the Securities and Exchange Commission. 

“Common Stock” means the shares of the Company’s common stock, par value $0.01 per share, and any securities into which
such shares of common stock may hereinafter be reclassified. 
 “Company” has the meaning set forth in the Preamble. 

“Conversion Shares” means the shares of Common stock issuable upon conversion of the Notes. 

“Counsel to the Holders” means (i) with respect to any Demand Registration, the counsel selected by the Holders of a majority
of the Registrable Securities initially requesting such Demand Registration and (ii) with respect to any Underwritten Takedown or Piggyback Registration, the counsel selected by the Majority Holders. 

“Demand Registration Request” has the meaning set forth in Section 4(a). 

“Effective Date” means the date that a Registration Statement filed pursuant to this Agreement is first declared effective by
the Commission. 
 “Equity Holders” means, collectively, each Person that is a “Holder” (as defined in the Equity
Registration Rights Agreement) as of the relevant determination date. 
 “Equity Registration Rights Agreement” means that
certain registration rights agreement (including all exhibits thereto and as may be amended, supplemented or amended and restated from time to time in accordance with the terms thereof) made and entered into as of the date hereof, by and among the
Company and certain stockholders of the Company who were issued shares of the Company’s Common Stock in the Plan. 
 “Exchange
Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder. 
 “Form
S-1” means form S-1 under the Securities Act, or any other form hereafter adopted by the Commission for the general registration of securities under the Securities Act. 

“Form S-3” means form S-3 under the Securities Act, or any other form hereafter adopted by the Commission having
substantially the same usage as Form S-3. 

  
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 “Form S-4” means form S-4 under the Securities Act, or any other form hereafter
adopted by the Commission having substantially the same usage as Form S-4. 
 “Form S-8” means form S-8 under the
Securities Act, or any other form hereafter adopted by the Commission having substantially the same usage as Form S-8. 

“FINRA” has the meaning set forth in Section 9. 

“Grace Period” has the meaning set forth in Section 6(a)(B). 

“Holder” or “Holders” has the meaning set forth in the Preamble. A Person shall cease to be a Holder
hereunder at such time as it ceases to hold any Registrable Securities. 
 “Indemnified Party” has the meaning set forth in
Section 11(c). 
 “Indemnifying Party” has the meaning set forth in Section 11(c). 

“Initial Holders” means the Holders as of the date hereof. 

“Initial Notes” means the $40 million of 13.5% Convertible Senior Secured Second Lien Notes of the Company issued pursuant to
the indenture, dated the date hereof, among the Company, the guarantors named therein, and Wilmington Trust, National Association, as trustee, purchased by the Initial Holders. 

“Initial Shelf Expiration Date” has the meaning set forth in Section 2(d). 

“Initial Shelf Registration Statement” has the meaning set forth in Section 2(a). 

“Losses” has the meaning set forth in Section 11(a). 

“Majority Holders” means, with respect to any Underwritten Offering, the holders of a majority of the Registrable Securities
to be included in such Underwritten Offering held by all Holders that have made the request requiring the Company to conduct such Underwritten Offering (but not including any Holders that have exercised “piggyback” rights hereunder to be
included in such Underwritten Offering). 
 “Notes” means the Initial Notes and the PIK Notes. 

“Other Holder” has the meaning set forth in Section 7(b). 

“Person” means an individual or corporation, partnership, trust, incorporated or unincorporated association, joint venture,
limited liability company, joint stock company, government (or an agency or subdivision thereof) or other entity of any kind. 

“Piggyback Notice” has the meaning set forth in Section 7(a). 

“Piggyback Offering” has the meaning set forth in Section 7(a). 

  
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 “PIK Notes” means any additional notes issued as payment-in-kind on the Initial
Notes or on any previously issued PIK Notes. 
 “Plan” has the meaning set forth in the Preamble. 

“Plan Effective Date” shall mean the date on which the Plan becomes effective. 

“Proceeding” means an action, claim, suit, investigation or proceeding (including, without limitation, an investigation or
partial proceeding, such as a deposition), whether commenced or threatened. 
 “Prospectus” means the prospectus included
in a Registration Statement (including, without limitation, a prospectus that includes any information previously omitted from a prospectus filed as part of an effective registration statement in reliance upon Rule 430A promulgated under the
Securities Act), as amended or supplemented by any prospectus supplement, with respect to the terms of the offering of any portion of the Registrable Securities covered by a Registration Statement, and all other amendments and supplements to the
Prospectus, including post-effective amendments, and all material incorporated by reference or deemed to be incorporated by reference in such Prospectus. 

“Registrable Securities” means, collectively, (a) all Notes issued to any Holder or to any Affiliate or Related Fund of any
Holder, either directly or pursuant to a joinder or assignment (including any Conversion Shares issued or issuable upon the conversion of such Notes), and any additional Notes (including any Conversion Shares issued or issuable upon the conversion
of such Notes) acquired by any Holder, Affiliate or Related Fund of any Holder in open market or other purchases after the Plan Effective Date and (b) any additional Notes, Conversion Shares or shares of Common Stock paid, issued or distributed in
respect of any such Notes or Conversion Shares by way of pay-in-kind interest, dividend, split or distribution, or in connection with a combination of securities, and any security into which such Notes or Conversion Shares shall have been converted
or exchanged in connection with a recapitalization, reorganization, reclassification, merger, consolidation, exchange, distribution or otherwise; provided, however, that as to any Registrable Securities, such securities shall cease to
constitute Registrable Securities upon the earliest to occur of: (i) the date on which such securities are disposed of pursuant to an effective Registration Statement; (ii) the date on which such securities are disposed of pursuant to
Rule 144 (or any similar provision then in effect) promulgated under the Securities Act; and (iii) the date on which such Registrable Securities cease to be outstanding.

“Registration Statement” means any one or more registration statements of the Company filed under the Securities Act that
covers the resale of any of the Registrable Securities pursuant to the provisions of this Agreement (including without limitation any Shelf Registration Statement), amendments and supplements to such Registration Statements, including post-effective
amendments, all exhibits and all material incorporated by reference or deemed to be incorporated by reference in such Registration Statements. 

“Related Fund” means, with respect to any Person, any fund, account or investment vehicle that is controlled or managed by
such Person, by any Affiliate of such Person, or, if applicable, such Person’s investment manager. 

  
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 “Rule 144” means Rule 144 promulgated by the Commission pursuant to the
Securities Act, as such Rule may be amended from time to time, or any similar rule or regulation hereafter adopted by the Commission having substantially the same effect as such Rule. 

“Rule 158” means Rule 158 promulgated by the Commission pursuant to the Securities Act, as such Rule may be amended from time
to time, or any similar rule or regulation hereafter adopted by the Commission having substantially the same effect as such Rule. 

“Rule 415” means Rule 415 promulgated by the Commission pursuant to the Securities Act, as such Rule may be amended from time
to time, or any similar rule or regulation hereafter adopted by the Commission having substantially the same effect as such Rule. 

“Rule 424” means Rule 424 promulgated by the Commission pursuant to the Securities Act, as such Rule may be amended from time
to time, or any similar rule or regulation hereafter adopted by the Commission having substantially the same effect as such Rule. 

“Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder. 

“Selling Stockholder Questionnaire” means a questionnaire reasonably adopted by the Company from time to time. 

“Shelf Registration Statement” means a Registration Statement filed with the Commission in accordance with the
Securities Act for the offer and sale of Registrable Securities by Holders on a continuous or delayed basis pursuant to Rule 415. 

“Smaller Reporting Company” means a “smaller reporting company” as defined in Item 10(f) of Regulation S-K, as such
definition may be amended from time to time. 
 “Transfer” has the meaning set forth in Section 13. 

“Underwritten Offering” means an offering of Registrable Securities under a Registration Statement in which the Registrable
Securities are sold to an underwriter for reoffering to the public. 
 “Underwritten Takedown” has the meaning set forth in
Section 2(f). 
 “Warrant Holders” means, collectively, each Person that is a “Holder” (as defined
in the Warrant Registration Rights Agreement) as of the relevant determination date. 
 “Warrant Registration Rights
Agreement” means that certain registration rights agreement (including all exhibits thereto and as may be amended, supplemented or amended and restated from time to time in accordance with the terms thereof, made and entered into as of the
date hereof, by and among the Company and the persons to whom the Warrants are issued on the date hereof. 

  
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 2. Initial Shelf Registration. 

(a) The Company shall prepare a Shelf Registration Statement (the “Initial Shelf Registration Statement”), and
shall include in the Initial Shelf Registration Statement the Registrable Securities of each Holder who shall request inclusion therein of some or all of their Registrable Securities by checking the appropriate box on the signature page of such
Holder hereto or by written notice to the Company no later than 45 days after the Plan Effective Date. The Company shall file the Initial Shelf Registration Statement with the Commission on or prior to the 120th day following the Plan Effective
Date; provided, however, that the Company shall not be required to include in the Initial Shelf Registration Statement the Registrable Securities of any Holder unless such Holder otherwise timely complies with the requirements of this
Agreement with respect to the inclusion of such Registrable Securities in the Initial Shelf Registration Statement. 
 (b)
The Company shall include in the Initial Shelf Registration Statement all Registrable Securities whose inclusion has been timely requested as aforesaid; provided, however, that the Company shall not be required to include an amount of
Registrable Securities in excess of the amount as may be permitted to be included in such Registration Statement under the rules and regulations of the Commission and the applicable interpretations thereof by the staff of the Commission. 

(c) The Initial Shelf Registration Statement shall be on Form S-1; provided, however, that, if the Company becomes eligible to
register the Registrable Securities for resale by the Holders on Form S-3 (including without limitation a Form S-3 filed as an Automatic Shelf Registration Statement), the Company shall be entitled to amend the Initial Shelf Registration Statement
to a Shelf Registration Statement on Form S-3 or file a Shelf Registration Statement on Form S-3 in substitution of the Initial Shelf Registration Statement as initially filed. 

(d) The Company shall use its reasonable efforts to cause the Initial Shelf Registration Statement to be declared effective by
the Commission as promptly as practicable, and in any event not later than the 365th day following the Plan Effective Date, and shall use its reasonable efforts to keep such Shelf Registration
Statement continuously effective, and not subject to any stop order, injunction or other similar order or requirement of the Commission, until the earlier of (i) the date the Company (A) is eligible to register the Registrable Securities for resale
by Holders on Form S-3 or is a Smaller Reporting Company eligible to incorporate by reference pursuant to Item 12(b) of Form S-1 and (B) has filed such Registration Statement with the Commission and such
Registration Statement has been declared effective and (ii) the date that all Registrable Securities covered by the Initial Shelf Registration Statement shall cease to be Registrable Securities (such earlier date, the “Initial Shelf
Expiration Date”). In the event of any stop order, injunction or other similar order or requirement of the Commission relating to the Initial Shelf Registration Statement, if any Registrable Securities covered by the Initial Shelf
Registration Statement remain unsold, the period during which the Initial Shelf Registration Statement shall be required to remain effective will be extended by the number of days during which such stop order, injunction or similar order or
requirement is in effect. 
 (e) If the Initial Shelf Registration Statement is on Form S-1, then for so long as any
Registrable Securities covered by the Initial Shelf Registration Statement remain unsold, the Company will file any supplements to the Prospectus or post-effective amendments 

  
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required to be filed by applicable law in order to incorporate into such Prospectus any Current Reports on Form 8-K necessary or required to be filed by applicable law, any Quarterly Reports on
Form 10-Q or any Annual Reports on Form 10-K filed by the Company with the Commission, or any other information necessary so that (i) the Initial Shelf Registration Statement shall not include any untrue statement of material fact or omit to state
any material fact necessary in order to make the statements therein not misleading, and (ii) the Company complies with its obligations under Item 512(a)(1) of Regulation S-K; provided, however, that these obligations remain subject to the
Company’s rights under Section 6.
 (f) Upon the demand of one or more Holders, the Company shall facilitate a
“takedown” of Registrable Securities in the form of an Underwritten Offering (each, an “Underwritten Takedown”), in the manner and subject to the conditions described in Section 5 of this Agreement,
provided that either (i) the principal amount of Registrable Securities to be included in such “takedown” shall equal at least twenty percent (20%) of the outstanding Registrable Securities held by all Holders or (ii) the
Registrable Securities requested to be sold by the Holders in such “takedown” shall have an anticipated aggregate offering price (before deducting underwriting discounts and commission) of at least $15 million. 

3. Subsequent Shelf Registration Statements 

(a) After (i) the Effective Date of the Initial Shelf Registration Statement and prior to the Initial Shelf Expiration Date and
(ii) for so long as any Registerable Securities remain outstanding, the Company shall use its reasonable efforts to (A) ensure that it will be eligible to register the Registrable Securities on Form S-3 after the Initial Shelf Expiration Date, and
(B) meet the requirements of General Instruction VII of Form S-1 after the Initial Shelf Expiration Date. 
 (b) After the
Initial Shelf Expiration Date and for so long as any Registerable Securities remain outstanding, the Company shall use its reasonable efforts to (A) be eligible and/or to maintain its eligibility to register the Registrable Securities on Form S-3, and (B) meet the requirements of General Instruction VII of Form S-1.
 (c)
After the Initial Shelf Expiration Date, if there is not an effective Registration Statement which includes the Registrable Securities that is currently outstanding, the Company shall (i) if the Company is eligible to register the Registrable
Securities on Form S-3, promptly file a Shelf Registration Statement on Form S-3 and use its reasonable efforts to cause such Registration Statement to be declared effective, (ii) if the Company is a Smaller Reporting Company eligible to incorporate
by reference pursuant to Item 12(b) of Form S-1, promptly file a Shelf Registration Statement on Form S-1 and use its reasonable efforts to cause such Registration Statement to be declared effective or (iii) promptly file a Shelf Registration
Statement on Form S-1 and use its reasonable efforts to cause such Registration Statement to be declared effective and for so long as any Registrable Securities covered by such Shelf Registration on Form S-1 remain unsold, the Company will file any
supplements to the Prospectus or post-effective amendments required to be filed by applicable law in order to incorporate into such Prospectus any Current Reports on Form 8-K necessary or required to be filed by applicable law, any Quarterly Reports
on Form 10-Q or any Annual Reports on Form 10-K filed by the Company with the Commission, or any other information necessary so that 

  
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(x) such Shelf Registration shall not include any untrue statement of material fact or omit to state any material fact necessary in order to make the statements therein not misleading, and (y)
the Company complies with its obligations under Item 512(a)(1) of Regulation S-K; provided, however, that these obligations remain subject to the Company’s rights under Section 6. 

4. Demand Registration 

(a) At any time and from time to time on or following the Plan Effective Date, any Holder or group of Holders may request in writing
(“Demand Registration Request”) that the Company effect the registration of all or part of such Holder’s or Holders’ Registrable Securities with the Commission under and in accordance with the provisions of the Securities
Act. The Company will file a Registration Statement covering such Holder’s or Holders’ Registrable Securities requested to be registered, and shall use its reasonable efforts to cause such Registration Statement to be declared
effective, as promptly as practicable after receipt of such request; provided, however, that the Company will not be required to file a Registration Statement pursuant to this Section 4(a): 

(A) unless either (i) the principal amount of Registrable Securities requested to be registered on such Registration Statement
equals at least twenty percent (20%) of the outstanding Registrable Securities held by all Holders or (ii) the Registrable Securities requested to be sold by the Holders pursuant to such Registration Statement have an anticipated aggregate gross
offering price (before deducting underwriting discounts and commission) of at least $10 million; 
 (B) if the Registrable
Securities requested to be registered are already covered by an existing and effective Registration Statement and such Registration Statement may be utilized for the offer and sale of the Registrable Securities requested to be registered; 

(C) if a registration statement filed by the Company shall have previously been initially declared effective by the Commission
within the one hundred eighty (180) days preceding the date such Demand Registration Request is made; and 
 (D) if the
number of Demand Registration Requests previously made pursuant to this Section 4(a) shall equal or exceed five (5); provided, however that a Demand Registration Request shall not be considered made for purposes of this clause
(D) unless the requested Registration Statement has been declared effective by the Commission for more than 75% of the full amount of Registrable Securities for which registration has been requested. 

(b) A Demand Registration Request shall specify (i) the then-current name and address of such Holder or Holders, (ii) the
aggregate amount of Registrable Securities requested to be registered, (iii) the total amount of Registrable Securities then beneficially owned by such Holder or Holders, and (iv) the intended means of distribution. If at the time the Demand
Registration Request is made the Company appears, based on public information available to such Holder or Holders, eligible to use Form S-3 for the offer and sale of the Registrable Securities, the Holder or Holders making such request may request
that the 

  
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registration be in the form of a Shelf Registration Statement (for the avoidance of doubt, the Company shall not be under the obligation to file a Shelf Registration on Form S-3 if, upon the
advice of its counsel, it is not eligible to make such a filing). 
 (c) The Company may satisfy its obligations under Section
4(a) hereof by amending (to the extent permitted by applicable law) any registration statement previously filed by the Company under the Securities Act, so that such amended registration statement will permit the disposition (in
accordance with the intended methods of disposition specified as aforesaid) of all of the Registrable Securities for which a Demand Registration Request has been properly made under Section 4(b) hereof. If the Company so amends a
previously filed registration statement, it will be deemed to have effected a registration for purposes of Section 4(a) hereof; provided, however that the Effective Date of the amended registration statement, as amended pursuant to
this Section 4(c) shall be the “the first day of effectiveness” of such Registration Statement for purposes of determining the period during which the Registration Statement is required to be maintained effective in
accordance with Section 4(e) hereof. 
 (d) Within ten (10) days after receiving a Demand Registration Request, the Company
shall give written notice of such request to all other Holders of Registrable Securities and shall, subject to the provisions of Section 5(c) in the case of an Underwritten Offering, include in such registration all such Registrable
Securities with respect to which the Company has received written requests for inclusion therein within fifteen (15) days after the Company’s giving of such notice, provided that such Registrable Securities are not already covered by an
existing and effective Registration Statement that may be utilized for the offer and sale of the Registrable Securities requested to be registered in the manner so requested. 

(e) The Company will use its reasonable efforts to keep a Registration Statement that has become effective as contemplated by this Section
4 continuously effective, and not subject to any stop order, injunction or other similar order or requirement of the Commission: 

(A) in the case of a Registration Statement other than a Shelf Registration Statement, until all Registrable Securities
registered thereunder have been sold pursuant to such Registration Statement, but in no event later than two hundred seventy (270) days from the Effective Date of such Registration Statement; and 

(B) in the case of a Shelf Registration Statement, until the earlier of: (x) three (3) years following the Effective Date of
such Shelf Registration Statement; and (y) the date that all Registrable Securities covered by such Shelf Registration Statement shall cease to be Registrable Securities; 

provided, however, that in the event of any stop order, injunction or other similar order or requirement of the Commission relating to any Shelf
Registration Statement, if any Registrable Securities covered by such Shelf Registration Statement remain unsold, the period during which such Shelf Registration Statement shall be required to remain effective will be extended by the number of days
during which such stop order, injunction or similar order or requirement is in effect; provided further, however, that if any Shelf Registration Statement was initially declared effective on Form S-3 and, prior to the date determined pursuant
to Section 4(e)(B), the Company becomes ineligible to use Form S-3, the period during which such Shelf Registration 

  
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Statement shall be required to remain effective will be extended by the number of days during which the Company did not have an effective Registration Statement covering unsold Registrable
Securities initially registered on such Shelf Registration Statement. 
 (f) The Holder or Holders making a Demand Registration Request may,
at any time prior to the Effective Date of the Registration Statement relating to such registration, revoke their request for the Company to effect the registration of all or part of such Holder’s or Holders’ Registrable Securities by
providing a written notice to the Company. If, pursuant to the preceding sentence, the entire Demand Registration Request is revoked, then, at the option of the Holder or Holders who revoke such request, either (i) such Holder or Holders shall
reimburse the Company for all of its reasonable and documented out-of-pocket expenses incurred in the preparation, filing and processing of the Registration Statement, which out-of-pocket expenses, for the avoidance of doubt, shall not include
overhead expenses and which requested registration shall not count as one of the permitted Demand Registration Requests hereunder or (ii) the requested registration that has been revoked will be deemed to have been effected for purposes of
Section 4(a). 
 (g) If a Registration Statement filed pursuant to this Section 4 is a Shelf
Registration Statement, then upon the demand of one or more Holders, the Company shall facilitate a “takedown” of Registrable Securities in the form of an Underwritten Offering, in the manner and subject to the conditions described in
Section 5 of this Agreement, provided that either (i) the principal amount of Registrable Securities to be included in such “takedown” shall equal at least twenty percent (20%) of the outstanding Registrable Securities held
by all Holders or (ii) the Registrable Securities requested to be sold by the Holders in such “takedown” shall have an anticipated aggregate offering price (before deducting underwriting discounts and commission) of at least $15 million.

 5. Procedures for Underwritten Offerings. The following procedures shall govern Underwritten Offerings pursuant to Section
2(f) or Section 4(g), whether in the case of an Underwritten Takedown or otherwise. 
 (a) (i) The Majority
Holders shall select one or more investment banking firm(s) of national standing to be the managing underwriter or underwriters for any Underwritten Offering pursuant to a Demand Registration Request or an Underwritten Takedown with the consent of
the Company, which consent shall not be unreasonably withheld, conditioned or delayed and (ii) the Company shall select one or more investment banking firms of national standing to be the managing underwriter or underwriters for any other
Underwritten Offering with the consent of the Majority Holders, which consent shall not be unreasonably withheld, conditioned or delayed. 

(b) All Holders proposing to distribute their securities through an Underwritten Offering, as a condition for inclusion of
their Registrable Securities therein, shall agree to enter into an underwriting agreement with the underwriters; provided, however that the underwriting agreement is in customary form and reasonably acceptable to the Majority Holders and
provided, further, however that no Holder of Registrable Securities included in any Underwritten Offering shall be required to make any representations or warranties to the Company or the underwriters (other than representations and
warranties regarding (i) such 

  
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Holder’s ownership of its Registrable Securities to be sold or transferred, (ii) such Holder’s power and authority to effect such transfer and (iii) such matters pertaining to
compliance with securities laws as may be reasonably requested). 
 (c) If the managing underwriter or underwriters for an
Underwritten Offering pursuant to a Demand Registration or an Underwritten Takedown advises the Holders that the total amount of Registrable Securities or other shares of Common Stock permitted to be registered is such as to materially adversely
affect the success of such Underwritten Offering, the amount of Registrable Securities or other shares of Common Stock to be registered on such Registration Statement will be reduced as follows: first, the Company shall reduce or eliminate
the securities of the Company to be included by any Person other than a Holder, an Equity Holder, a Warrant Holder or the Company; second, the Company shall reduce or eliminate any securities of the Company to be included by the Company;
third, the Company shall reduce or eliminate any securities of the Company, other than Registrable Securities, to be included by any Equity Holder and/or Warrant Holder entitled to participate therein on a pro rata basis based on the total
amount of such securities requested by the Equity Holders and/or Warrant Holders to be included in the Underwritten Offering; and fourth, the Company shall reduce the amount of Registrable Securities to be included by Holders on a pro
rata basis based on the total amount of Registrable Securities requested by the Holders to be included in the Underwritten Offering. 
 (d)
Within ten (10) days after receiving a request for an Underwritten Offering constituting a “takedown” from a Shelf Registration Statement, the Company shall give written notice of such request to all other Holders, and subject to the
provisions of Section 5(c) hereof, include in such Underwritten Offering all such Registrable Securities with respect to which the Company has received written requests for inclusion therein within fifteen (15) days after the Company’s
giving of such notice; provided, however that such Registrable Securities are covered by an existing and effective Shelf Registration Statement that may be utilized for the offering and sale of the Registrable Securities requested to be
registered. 
 (e) The Company will not be required to undertake an Underwritten Offering pursuant to Section 2(f) or
Section 4(g) if the number of Underwritten Offerings previously made pursuant to Section 2(f) or Section 4(g) in the immediately preceding twelve (12)-month period shall exceed three (3); provided that an Underwritten
Offering shall not be considered made for purposes of this clause (e) unless the offering has resulted in the disposition by the Holders of at least 75% of the amount of Registrable Securities requested to be included. 

6. Grace Periods. 
 (a)
Notwithstanding anything to the contrary herein— 
 (A) the Company shall be entitled to postpone the filing or
effectiveness of, or, at any time after a Registration Statement has been declared effective by the Commission suspend the use of, a Registration Statement (including the Prospectus included therein) if in the good faith judgment of the Board, such
registration, offering or use would reasonably be expected to materially affect in an adverse manner or materially interfere with any bona fide material financing of the Company or any material transaction under

  
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consideration by the Company or would require the disclosure of information that has not been, and is not otherwise required to be, disclosed to the public and the premature disclosure of which
would materially affect the Company in an adverse manner; provided however, that in the event such Registration Statement relates to a Demand Registration Request or an Underwritten Offering pursuant to Section 2(f) or Section
4(g), then the Holders initiating such Demand Registration Request or such Underwritten Offering shall be entitled to withdraw the Demand Registration Request or request for the Underwritten Offering and, if such request is withdrawn, it shall
not count against the limits imposed pursuant to Section 4(a)(D) or Section 5(e) and the Company shall pay all registration expenses in connection with such registration; and 

(B) at any time after a Registration Statement has been declared effective by the Commission and there is no duty to disclose
under applicable law, the Company may delay the disclosure of material non-public information concerning the Company if the disclosure of such information at the time would, in the good faith judgment of the Board, adversely affect the Company (the
period of a postponement or suspension as described in clause (A) and/or a delay described in this clause (B), a “Grace Period”). 

(b) The Company shall promptly (i) notify the Holders in writing of the existence of the event or material non-public information giving rise
to a Grace Period (provided that the Company shall not disclose the content of such material non-public information to any Holder, without the express consent of such Holder) or the need to file a post-effective amendment, as applicable, and the
date on which such Grace Period will begin, (ii) use its reasonable efforts to terminate a Grace Period as promptly as practicable and (iii) notify the Holders in writing of the date on which the Grace Period ends. 

(c) The duration of any one Grace Period shall not exceed sixty (60) days, and the aggregate of all Grace Periods in total during any three
hundred sixty-five (365) day period shall not exceed ninety (90) days. For purposes of determining the length of a Grace Period, the Grace Period shall be deemed to begin on and include the date the Holders receive the notice referred to in clause
(i) of Section 6(b) and shall end on and include the later of the date the Holders receive the notice referred to in clause (iii) of Section 6(b) and the date referred to in such notice. In the event the Company
declares a Grace Period, the period during which the Company is required to maintain the effectiveness of an Initial Shelf Registration Statement or a Registration Statement filed pursuant to a Demand Registration Request shall be extended by the
number of days during which such Grace Period is in effect. 
 7. Piggyback Registration 

(a) If at any time, and from time to time, the Company proposes to— 

(A) file a registration statement under the Securities Act with respect to an underwritten offering of Common Stock of the
Company or any securities convertible or exercisable into Common Stock of the Company (other than with respect to a registration statement (i) on Form S-8 or any successor form thereto, (ii) on Form S-4 or any successor form thereto or (iii) another
form not available for registering the Registrable Securities for sale to the public), whether or not for its own account; or 

(B) conduct an underwritten offering constituting a “takedown” of a class of Common Stock or any securities
convertible or exercisable into Common Stock registered under a shelf registration statement previously filed by the Company; 

  
 12 

 the Company shall give written notice (the “Piggyback Notice”)
of such proposed filing or underwritten offering to the Holders at least twenty (20) Business Days before the anticipated filing date. Such notice shall include the amount and class of securities proposed to be registered or offered, the
proposed date of filing of such registration statement or the conduct of such underwritten offering, any proposed means of distribution of such securities, any proposed managing underwriter of such securities and a good faith estimate by the Company
of the proposed maximum offering price of such securities as such price is proposed to appear on the front cover page of such registration statement (or, in the case of an Underwritten Offering, would appear on the front cover page of a registration
statement), and shall offer the Holders the opportunity to register such amount of Registrable Securities as each Holder may request on the same terms and conditions as the registration of the Company’s and/or the holders of other securities of
the Company securities, as the case may be (a “Piggyback Offering”). Subject to Section 7(b), the Company will include in each Piggyback Offering all Registrable Securities for which the Company has received written
requests for inclusion within ten (10) Business Days after the date the Piggyback Notice is given; provided, however, that in the case of the filing of a registration statement, such Registrable Securities are not otherwise registered
pursuant to an existing and effective Shelf Registration Statement under this Agreement; provided further, however that, in the case of an underwritten offering in the form of a “takedown” under a shelf registration statement, such
Registrable Securities are covered by an existing and effective Shelf Registration Statement that may be utilized for the offering and sale of the Registrable Securities requested to be offered. 

(b) The Company will cause the managing underwriter or underwriters of the proposed offering to permit the Holders that have
requested Registrable Securities to be included in the Piggyback Offering to include all such Registrable Securities on the same terms and conditions as any similar securities, if any, of the Company. Notwithstanding the foregoing, if the
managing underwriter or underwriters of such underwritten offering advises the Company and the selling Holders in writing that, in its view, the total amount of securities that the Company, such Holders and any other holders entitled to participate
in such offering (“Other Holders”) propose to include in such offering is such as to materially adversely affect the success of such underwritten offering, then: 

(A) if such Piggyback Offering is an underwritten primary offering by the Company for its own account, the Company will include
in such Piggyback Offering: (i) first, all securities to be offered by the Company; (ii) second, up to the full amount of securities requested to be included in such Piggyback Offering by the Holders and the Equity Holders and the
Warrant Holders entitled to participate in such offering, allocated pro rata among such holders on the basis of the amount of securities requested to be included therein by each such holder; and (iii) third, up to the full amount of
securities requested to be included in such Piggyback Offering by all other Other Holders; 
 (B) if such Piggyback Offering
is an underwritten secondary offering for the account of Other Holders exercising “demand” rights (including pursuant to a Demand 

  
 13 

 
Registration Request), the Company will include in such registration: (i) first, all securities of the Other Holders exercising “demand” rights (including pursuant to a Demand
Registration Request) requested to be included therein; (ii) second, up to the full amount of securities requested to be included in such Piggyback Offering by the Holders and the Equity Holders and the Warrant Holders entitled to participate
in such offering (except for any of the foregoing groups to the extent such group was the group exercising such “demand” right), allocated pro rata among such holders on the basis of the amount of securities requested to be included
therein by each such holder; (iii) third, up to the full amount of securities proposed to be included in the registration by the Company; and (iv) fourth, up to the full amount of securities requested to be included in such Piggyback
Offering by any other Other Holders entitled to participate therein, allocated pro rata among such other Other Holders on the basis of the amount of securities requested to be included therein by each such other Other Holder; 

such that, in each case, the total amount of securities to be included in such Piggyback Offering is the full amount that, in the view of such managing
underwriter, can be sold without materially adversely affecting the success of such Piggyback Offering. 
 (c) If at any time after giving
the Piggyback Notice and prior to the time sales of securities are confirmed pursuant to the Piggyback Offering, the Company determines for any reason not to register or delay the registration of the Piggyback Offering, the Company may, at its
election, give notice of its determination to all Holders, and in the case of such a determination, will be relieved of its obligation to register any Registrable Securities in connection with the abandoned or delayed Piggyback Offering, without
prejudice. 
 (d) Any Holder of Registrable Securities requesting to be included in a Piggyback Offering may withdraw its request for
inclusion by giving written notice to the Company, at least three (3) Business Days prior to the anticipated Effective Date of the Registration Statement filed in connection with such Piggyback Offering, or in the case of a Piggyback Offering
constituting a “takedown” off of a shelf registration statement, at least three (3) Business Days prior to the anticipated date of the filing by the Company under Rule 424 of a supplemental prospectus (which shall be the preliminary
supplemental prospectus, if one is used in the “takedown”) with respect to such offering, of its intention to withdraw from that registration; provided, however, that (i) the Holder’s request be made in writing and (ii)
the withdrawal will be irrevocable and, after making the withdrawal, a Holder will no longer have any right to include its Registrable Securities in that Piggyback Offering. 

8. Registration Procedures. If and when the Company is required to effect any registration under the Securities Act as provided in
Sections 2(a), 4(a), 5 or 7 of this Agreement, the Company shall use its reasonable efforts to: 

(a) prepare and file with the Commission the requisite Registration Statement to effect such registration and thereafter use
its reasonable efforts to cause such Registration Statement to become and remain effective, subject to the limitations contained herein; 

  
 14 

 (b) prepare and file with the Commission such amendments and supplements to such
Registration Statement and the Prospectus used in connection therewith as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act and the Exchange Act with respect to the disposition of
all Registrable Securities covered by such Registration Statement until such time as all of such Registrable Securities have been disposed of in accordance with the method of disposition set forth in such Registration Statement, subject to the
limitations contained herein; 
 (c) (i) before filing a Registration Statement or Prospectus or any amendments or
supplements thereto, at the Company’s expense, furnish to the Holders whose securities are covered by the Registration Statement copies of all such documents, other than documents that are incorporated by reference into such Registration
Statement or Prospectus, proposed to be filed and such other documents reasonably requested by such Holders (which may be furnished by email), and afford Counsel to the Holders a reasonable opportunity to review and comment on such documents; and
(ii) in connection with the preparation and filing of each such Registration Statement pursuant to this Agreement, (A) upon reasonable advance notice to the Company, give each of the foregoing such reasonable access to all financial and other
records, corporate documents and properties of the Company as shall be necessary, in the reasonable opinion of Counsel to the Holders and such underwriters, to conduct a reasonable due diligence investigation for purposes of the Securities Act and
Exchange Act, and (B) upon reasonable advance notice to the Company and during normal business hours, provide such reasonable opportunities to discuss the business of the Company with its officers, directors, employees and the independent public
accountants who have certified its financial statements as shall be necessary, in the reasonable opinion of Counsel to the Holders and such underwriters, to conduct a reasonable due diligence investigation for purposes of the Securities Act and the
Exchange Act; 
 (d) notify each selling Holder of Registrable Securities, promptly after the Company receives notice
thereof, of the time when such Registration Statement has been declared effective or a supplement to any Prospectus forming a part of such Registration Statement has been filed; 

(e) with respect to any offering of Registrable Securities, furnish to each selling Holder of Registrable Securities, and the
managing underwriters for such Underwritten Offering, if any, without charge, such number of copies of the applicable Registration Statement, each amendment and supplement thereto, the Prospectus included in such Registration
Statement (including each preliminary Prospectus, final Prospectus, and any other Prospectus (including any Prospectus filed under Rule 424, Rule 430A or Rule 430B promulgated under the Securities Act and any “issuer free
writing prospectus” as such term is defined under Rule 433 promulgated under the Securities Act), all exhibits and other documents filed therewith and such other documents as such seller or such managing underwriters may reasonably request
including in order to facilitate the disposition of the Registrable Securities owned by such seller, and upon request, a copy of any and all transmittal letters or other correspondence to or received from, the Commission or any other governmental
authority relating to such offer; 

  
 15 

 (f) (i) register or qualify all Registrable Securities covered by such
Registration Statement under such other securities or blue sky laws of such states or other jurisdictions of the United States of America as the Holders covered by such Registration Statement shall reasonably request in writing, (ii) keep such
registration or qualification in effect for so long as such Registration Statement remains in effect and (iii) take any other action that may be necessary or reasonably advisable to enable such Holders to consummate the disposition in such
jurisdictions of the securities to be sold by such Holders, except that the Company shall not for any such purpose be required to qualify generally to do business as a foreign corporation in any jurisdiction wherein it would not but for the
requirements of this subsection (f) be obligated to be so qualified, to subject itself to taxation in such jurisdiction or to consent to general service of process in any such jurisdiction; 

(g) cause all Registrable Securities included in such Registration Statement to be registered with or approved by such other
federal or state governmental agencies or authorities as necessary upon the opinion of counsel to the Company or Counsel to the Holders of Registrable Securities included in such Registration Statement to enable such Holder or Holders thereof to
consummate the disposition of such Registrable Securities in accordance with their intended method of distribution thereof; 

(h) with respect to any Underwritten Offering, obtain and, if obtained, furnish to each Holder that is named as an underwriter
in such Underwritten Offering and each other underwriter thereof, a signed 
 (A) opinion of outside counsel for the Company
(including a customary 10b-5 statement), dated the date of the closing under the underwriting agreement and addressed to the underwriters, reasonably satisfactory (based on the customary form and substance of opinions of issuers’ counsel
customarily given in such an offering) in form and substance to such underwriters, if any, and 
 (B) “comfort”
letter, dated the date of the Underwriting Agreement and another dated the date of the closing under the underwriting agreement and addressed to the underwriters and signed by the independent public accountants who have certified the Company’s
financial statements included or incorporated by reference in such registration statement, reasonably satisfactory (based on the customary form and substance of “cold comfort” letters of issuers’ independent public accountant
customarily given in such an offering) in form and substance to such Holder and such underwriters, if any, 
 in each case,
covering substantially the same matters with respect to such Registration Statement (and the Prospectus included therein) and, in the case of the accountants’ comfort letter, with respect to events subsequent to the date of such financial
statements, as are customarily covered in opinions of issuer’s counsel and in accountants’ comfort letters delivered to underwriters in such types of offerings of securities; 

(i) notify each Holder of Registrable Securities included in such Registration Statement at any time when a Prospectus relating
thereto is required to be delivered under 

  
 16 

 
the Securities Act, upon discovery that, or upon the happening of any event as a result of which, the Prospectus included in such Registration Statement, as then in effect, includes an untrue
statement of a material fact or omits to state any material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances under which they were made and for which the Company chooses
to suspend the use of the Registration Statement and Prospectus in accordance with the terms of this Agreement, at the written request of any such Holder, promptly prepare and furnish to it a reasonable number of copies of a supplement to or an
amendment of such Prospectus as may be necessary so that, as thereafter delivered to the purchasers of such securities, such Prospectus, as supplemented or amended, shall not include an untrue statement of a material fact or omit to state a material
fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances under which they were made; 

(j) notify the Holders of Registrable Securities included in such Registration Statement promptly of any request by the
Commission for the amending or supplementing of such Registration Statement or Prospectus or for additional information; 

(k) advise the Holders of Registrable Securities included in such Registration Statement promptly after the Company receives
notice or obtains knowledge of any order suspending the effectiveness of a registration statement relating to the Registrable Securities at the earliest practicable moment and promptly use its reasonable efforts to obtain the withdrawal; 

(l) otherwise comply with all applicable rules and regulations of the Commission and any other governmental agency or authority
having jurisdiction over the offering of Registrable Securities, and make available to its stockholders, as soon as reasonably practicable, an earnings statement covering the period of at least twelve (12) months, but not more than eighteen (18)
months, beginning with the first (1st) full calendar month after the Effective Date of such Registration Statement, which earnings statement shall satisfy the provisions of Section 11(a) of the
Securities Act and Rule 158 promulgated thereunder and which requirement will be deemed satisfied if the Company timely files complete and accurate information on Form 10-Q and 10-K and Current Reports on
Form 8-K under the Exchange Act and otherwise complies with Rule 158 under the Securities Act; 
 (m) provide and cause to be
maintained a transfer agent and registrar for the Registrable Securities included in a Registration Statement no later than the Effective Date thereof; 

(n) enter into such agreements (including an underwriting agreement in customary form) and take such other actions as the
Holders beneficially owning a majority of the Registrable Securities included in a Registration Statement or the underwriters, if any, shall reasonably request in order to expedite or facilitate the disposition of such Registrable Securities,
including customary indemnification; and provide reasonable cooperation, including causing at least one (1) executive officer and a 

  
 17 

 
senior financial officer to attend and participate in “road shows” and other information meetings organized by the underwriters, if any, as reasonably requested; provided,
however, that nothing in this Agreement shall require the Company to participate in more than two (2) “road shows” in any twelve (12)-month period and such participation shall not unreasonably interfere with the business operations
of the Company; 
 (o) if requested by the managing underwriter(s) or the Holders beneficially owning a majority of the
Registrable Securities being sold in connection with an Underwritten Offering, promptly incorporate in a prospectus supplement or post-effective amendment such information relating to the plan of distribution for such Registrable Securities provided
to the Company in writing by the managing underwriters and the Holders of a majority of the Registrable Securities being sold and that is required to be included therein relating to the plan of distribution with respect to such Registrable
Securities, including without limitation, information with respect to the amount of Registrable Securities being sold to such underwriters, the purchase price being paid therefor by such underwriters and with respect to any other terms of the
Underwritten Offering of the Registrable Securities to be sold in such offering, and make any required filings with respect to such information relating to the plan of distribution as soon as practicable after notified of the information; 

(p) cooperate with the Holders of Registrable Securities included in a Registration Statement and the managing underwriter(s),
if any, to facilitate the timely preparation and delivery of certificates representing Registrable Securities to be sold and not bearing any restrictive legends, and enable such Registrable Securities to be in such amounts and registered in such
names as the managing underwriters, or, if none, the Holders beneficially owning a majority of the Registrable Securities being offered for sale, may reasonably request at least three (3) Business Days prior to any sale of Registrable Securities to
the underwriters; and 
 (q) otherwise use its reasonable efforts to take all other steps necessary to effect the
registration of such Registrable Securities contemplated hereby. 
 In addition, at least ten (10) Business Days prior to the first anticipated filing date
of a Registration Statement for any registration under this Agreement, the Company will notify each Holder of the information the Company requires from that Holder, including any update to or confirmation of the information contained in the Selling
Stockholder Questionnaire, if any, which shall be completed and delivered to the Company promptly upon request and, in any event, within five (5) Business Days prior to the applicable anticipated filing date. Each Holder further agrees that it shall
not be entitled to be named as a selling securityholder in the Registration Statement or use the Prospectus for offers and resales of Registrable Securities at any time, unless such Holder has returned to the Company a completed and signed Selling
Stockholder Questionnaire and a response to any requests for further information as described in the previous sentence and, if an Underwritten Offering, entered into an underwriting agreement with the underwriters in accordance with Section
5(b). If a Holder of Registrable Securities returns a Selling Stockholder Questionnaire or a request for further information, in either case, after its respective deadline, the Company shall be permitted to exclude such Holder from being
a selling security holder in the Registration Statement or any pre-effective or post-effective 

  
 18 

 
amendment thereto. Each Holder acknowledges and agrees that the information in the Selling Stockholder Questionnaire or request for further information as described in this
Section 8 will be used by the Company in the preparation of the Registration Statement and hereby consents to the inclusion of such information in the Registration Statement. 

9. Registration Expenses. All fees and expenses incident to the Company’s performance of or compliance with its obligations under
this Agreement (excluding any underwriting discounts, fees or selling commissions or broker or similar commissions or fees, or transfer taxes of any Holder) shall be borne by the Company whether or not any Registrable Securities are sold pursuant to
a Registration Statement. The fees and expenses referred to in the foregoing sentence shall include, without limitation, (i) all registration and filing fees (including, without limitation, fees and expenses (A) with respect to filings required to
be made with any stock exchange on which any Registrable Securities are then listed for trading, (B) with respect to compliance with applicable state securities or Blue Sky laws (including, without limitation, fees and disbursements of counsel for
the Company in connection with Blue Sky qualifications or exemptions of the Registrable Securities and determination of the eligibility of the Registrable Securities for investment under the laws of such jurisdictions as requested by the Holders)
and (C) if not previously paid by the Company in connection with an Issuer Filing, with respect to any filing that may be required to be made by any broker through which a Holder intends to make sales of Registrable Securities with the Financial
Industry Regulatory Authority (“FINRA”) pursuant to the FINRA Rule 5110, so long as the broker is receiving no more than a customary brokerage commission in connection with such sale, (ii) printing expenses (including, without
limitation, expenses of printing certificates for Registrable Securities and of printing prospectuses if the printing of prospectuses is reasonably requested by the Holders of a majority of the Registrable Securities included in the Registration
Statement), (iii) messenger, telephone and delivery expenses, (iv) fees and disbursements of counsel for the Company, (v) the reasonable fees and expenses incurred in connection with any road show for underwritten offerings, (vi) Securities Act
liability insurance, if the Company so desires such insurance, and (vii) fees and expenses of all other Persons retained by the Company in connection with the consummation of the transactions contemplated by this Agreement. In addition, the Company
will pay the reasonable fees and disbursements of the Counsel to the Holders, including, for the avoidance of doubt, any expenses of Counsel to the Holders in connection with the filing or amendment of any Registration Statement, Prospectus or free
writing prospectus hereunder. Each Holder that sells Registrable Securities pursuant to an Underwritten Offering shall bear and pay all underwriting discounts, fees and commissions applicable to the Registrable Securities sold for such Holder’s
account. 
 10. Lockups. 

(a) In connection with any Underwritten Takedown or underwritten registration pursuant to a Demand Registration Request or
other underwritten public offering of equity securities by the Company, except with the written consent of the underwriters managing such offering, no Holder who participates in such offering or beneficially owns five percent (5%) or more of the
outstanding shares of Common Stock at such time and an amount of Registrable Securities that exceeds three percent (3%) of the outstanding Registrable Securities held by all Holders shall effect any public sale or distribution (including sales
pursuant to Rule 144) of equity securities of the Company, or any securities convertible into or exchangeable or 

  
 19 

 
exercisable for such securities, without prior written consent from the Company, during the seven (7) days prior to and the ninety (90)-day period beginning on the date of closing of such
offering (the “Lockup Period”), except as part of such offering, provided, that such Lockup Period restrictions are applicable on substantially similar terms to the Company and all of its and its subsidiaries’ executive
officers and directors; provided that nothing herein shall prevent any Holder from making a distribution of Registrable Securities to any of its partners, members or stockholders thereof or a transfer of Registrable Securities to an Affiliate
or Related Fund that is otherwise in compliance with the applicable securities laws, so long as such distributees or transferees, as applicable, agree to be bound by the restrictions set forth in this Section 10(a); provided, further,
that nothing herein shall prevent or restrict the ability of any Holder from participating in any such offering, to the extent otherwise permitted, through the exercise of “piggyback” or similar rights that such Holder may otherwise have
under the Equity Registration Rights Agreement or Warrant Registration Rights Agreement. Each Holder agrees to execute a lock-up agreement in favor of the Company’s underwriters to such effect and, in any event, that the Company’s
underwriters in any relevant offering shall be third party beneficiaries of this Section 10(a). The provisions of this Section 10(a) will no longer apply to a Holder once such Holder ceases to hold
Registrable Securities. 
 (b) In connection with any Underwritten Offering, the Company shall not effect any public sale or
distribution of equity securities of the Company, or any securities convertible into or exchangeable or exercisable for such securities, without prior written consent from the Majority Holders, during the Lockup Period, except as part of such
offering, provided, that such Lockup Period restrictions are applicable on substantially similar terms to the Majority Holders. The Company agrees to execute a lock-up agreement in favor of the Majority Holders’ underwriters to such effect
and, in any event, that the Majority Holders’ underwriters in any relevant offering shall be third party beneficiaries of this Section 10(b). Notwithstanding the foregoing, the Company may effect a public sale or distribution of
securities of the type described above and during the periods described above if such sale or distribution is made pursuant to registrations on Form S-4 or Form S-8 or as part of any registration of securities or offering and sale to employees,
directors or consultants of the company and its subsidiaries pursuant to any employee stock plan or other employee benefit plan arrangement. 

11. Indemnification. 

(a) Indemnification by the Company. The Company shall, notwithstanding any termination of this Agreement, indemnify, defend and hold
harmless each Holder, the officers, directors, agents, partners, members, managers, investment managers, stockholders, Affiliates and employees of each of them, each Person who controls any such Holder (within the meaning of Section 15 of the
Securities Act or Section 20 of the Exchange Act) and the officers, directors, partners, members, managers, investment managers, stockholders, agents and employees of each such controlling Person, to the fullest extent permitted by applicable law,
from and against any and all losses, claims, damages, liabilities, costs (including, without limitation, reasonable costs of preparation and investigation and reasonable attorneys’ fees) and expenses (collectively, “Losses”),
to which any of them may become subject, that arise out of or are based upon (i) any untrue or alleged untrue statement of a material fact contained in any Registration Statement, any Prospectus or any form of prospectus or in any amendment or
supplement thereto or in any 

  
 20 

 
preliminary prospectus or (ii) any omission or alleged omission to state a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus
or form of prospectus or supplement thereto, in light of the circumstances under which they were made) not misleading, except to the extent, but only to the extent, that (A) such untrue statements, alleged untrue statements, omissions or alleged
omissions are based upon information regarding such Holder furnished in writing to the Company by such Holder expressly for use therein, or to the extent that such information relates to such Holder or such Holder’s proposed method of
distribution of Registrable Securities and was provided by such Holder expressly for use in the Registration Statement, such Prospectus or such form of Prospectus or in any amendment or supplement thereto, or (B) in the case of an occurrence of an
event of the type specified in Section 8(i), related to the use by a Holder of an outdated or defective Prospectus after the Company has notified such Holder in writing that the Prospectus is outdated or defective and prior to the
receipt by such Holder of the Advice contemplated and defined in Section 15(c) below, but only if and to the extent that following the receipt of the Advice the misstatement or omission giving rise to such Loss would have been
corrected. Such indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of an Indemnified Party (as defined in Section 11(c)), shall survive the transfer of the Registrable Securities by the
Holders, and shall be in addition to any liability which the Company may otherwise have. 
 (b) Indemnification by Holders. Each
Holder shall, severally and not jointly, indemnify and hold harmless the Company, its respective directors, officers, agents and employees, each Person who controls the Company (within the meaning of Section 15 of the Securities Act and Section 20
of the Exchange Act), and the directors, officers, agents or employees of such controlling Persons, to the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising out of or are based solely upon any untrue or
alleged untrue statement of a material fact contained in any Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or supplement thereto or in any preliminary prospectus, or arising out of or relating to any omission
or alleged omission of a material fact required to be stated therein or necessary to make the statements therein (in the case of any Prospectus, or any form of prospectus or supplement thereto, in light of the circumstances under which they were
made) not misleading (i) to the extent, but only to the extent, that such untrue statements or omissions are based solely upon information regarding such Holder furnished in writing to the Company by such Holder expressly for use therein or (ii) to
the extent, but only to the extent, that such information relates to such Holder or such Holder’s proposed method of distribution of Registrable Securities and was provided by such Holder expressly for use in a Registration Statement, such
Prospectus or such form of Prospectus or in any amendment or supplement thereto or (iii) in the case of an occurrence of an event of the type specified in Section 8(i), to the extent, but only to the extent, related to the use by such
Holder of an outdated or defective Prospectus after the Company has notified such Holder in writing that the Prospectus is outdated or defective and prior to the receipt by such Holder of the Advice contemplated in Section 15(c), but
only if and to the extent that following the receipt of the Advice the misstatement or omission giving rise to such Loss would have been corrected. In no event shall the liability of any selling Holder hereunder be greater in amount than the dollar
amount of the net proceeds received by such Holder upon the sale of the Registrable Securities giving rise to such indemnification obligation. Such indemnity shall remain in full force and 

  
 21 

 
effect regardless of any investigation made by or on behalf of an Indemnified Party (as defined in Section 11(c)), shall survive the transfer of the Registrable Securities by the Holders,
and shall be in addition to any liability which the Holder may otherwise have. 
 (c) Conduct of Indemnification Proceedings. If any
Proceeding shall be brought or asserted against any Person entitled to indemnity hereunder (an “Indemnified Party”), such Indemnified Party shall promptly notify the Person from whom indemnity is sought (the “Indemnifying
Party”) in writing, and the Indemnifying Party shall have the right to assume the defense thereof, including the employment of counsel reasonably satisfactory to the Indemnified Party and the payment of all reasonable fees and expenses
incurred in connection with defense thereof; provided, that the failure of any Indemnified Party to give such notice shall not relieve the Indemnifying Party of its obligations or liabilities pursuant to this Agreement, except (and only) to
the extent that such failure shall have materially and adversely prejudiced the Indemnifying Party. 
 An Indemnified Party shall have the
right to employ separate counsel in any such Proceeding and to participate in the defense thereof, but the fees and expenses of such counsel shall be at the expense of such Indemnified Party or Parties unless: (1) the Indemnifying Party has agreed
in writing to pay such fees and expenses; (2) the Indemnifying Party shall have failed promptly to assume the defense of such Proceeding and to employ counsel reasonably satisfactory to such Indemnified Party in any such Proceeding; or (3) the named
parties to any such Proceeding (including any impleaded parties) include both such Indemnified Party and the Indemnifying Party, and such Indemnified Party shall have been advised by counsel that in the reasonable judgment of such counsel a conflict
of interest exists if the same counsel were to represent such Indemnified Party and the Indemnifying Party; provided, that the Indemnifying Party shall not be liable for the reasonable and documented fees and expenses of more than one
separate firm of attorneys at any time for all Indemnified Parties. The Indemnifying Party shall not be liable for any settlement of any such Proceeding effected without its written consent, which consent shall not be unreasonably withheld, delayed
or conditioned. No Indemnifying Party shall, without the prior written consent of the Indemnified Party, effect any settlement of any pending Proceeding in respect of which any Indemnified Party is a party, unless such settlement includes an
unconditional release of such Indemnified Party from all liability on claims that are the subject matter of such Proceeding. 
 Subject to
the terms of this Agreement, all reasonable and documented fees and expenses of the Indemnified Party (including reasonable and documented fees and expenses to the extent incurred in connection with investigating or preparing to defend such
Proceeding in a manner not inconsistent with this Section 11(c)) shall be paid to the Indemnified Party, as incurred, with reasonable promptness after receipt of written notice thereof to the Indemnifying Party; provided, that
the Indemnified Party shall promptly reimburse the Indemnifying Party for that portion of such fees and expenses applicable to such actions for which such Indemnified Party is finally judicially determined to not be entitled to indemnification
hereunder. The failure to deliver written notice to the Indemnifying Party within a reasonable time of the commencement of any such action shall not relieve such Indemnifying Party of any liability to the Indemnified Party under this Section
11, except to the extent that the Indemnifying Party is materially and adversely prejudiced in its ability to defend such action. 

  
 22 

 (d) Contribution. If a claim for indemnification under Section
11(a) or (b) is unavailable to an Indemnified Party or insufficient to hold an Indemnified Party harmless for any Losses, then each Indemnifying Party, in lieu of indemnifying such Indemnified Party, shall contribute to the amount
paid or payable by such Indemnified Party as a result of such Losses, in such proportion as is appropriate to reflect the relative fault of the Indemnifying Party and Indemnified Party in connection with the actions, statements or omissions that
resulted in such Losses as well as any other relevant equitable considerations. The relative fault of such Indemnifying Party and Indemnified Party shall be determined by reference to, among other things, whether any action in question, including
any untrue or alleged untrue statement of a material fact or omission or alleged omission of a material fact, has been taken or made by, or relates to information supplied by, such Indemnifying Party or Indemnified Party, and the parties’
relative intent, knowledge, access to information and opportunity to correct or prevent such action, statement or omission. 
 The parties
hereto agree that it would not be just and equitable if contribution pursuant to this Section 11(d) were determined by pro rata allocation or by any other method of allocation that does not take into account the equitable
considerations referred to in the immediately preceding paragraph. Notwithstanding the provisions of this Section 11(d), no Holder shall be required to contribute, in the aggregate, any amount in excess of the amount by which the net
proceeds actually received by such Holder from the sale of the Registrable Securities subject to the Proceeding exceeds the amount of any damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue
statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent
misrepresentation. 
 12. Rule 144 and Rule 144A; Other Exemptions. With a view to
making available to the Holders of Registrable Securities the benefits of Rule 144 and Rule 144A promulgated under the Securities Act and other rules and regulations of the Commission that may at any time permit a Holder of Registrable
Securities to sell securities of the Company without registration, until such time as when no Registrable Securities remain outstanding, the Company covenants that it will (i) file in a timely manner all reports and other documents required, if
any, to be filed by it under the Securities Act and the Exchange Act and the rules and regulations adopted thereunder and (ii) make available information necessary to comply with Rule 144 and Rule 144A, if available with respect to resales
of the Registrable Securities under the Securities Act, at all times, all to the extent required from time to time to enable such Holder to sell Registrable Securities without registration under the Securities Act within the limitation of the
exemptions provided by (x) Rule 144 and Rule 144A promulgated under the Securities Act (if available with respect to resales of the Registrable Securities), as such rules may be amended from time to time or (y) any other rules or
regulations now existing or hereafter adopted by the Commission. Upon the reasonable request of any Holder of Registrable Securities, the Company will deliver to such Holder a written statement as to whether it has complied with such
information requirements, and, if not, the specific reasons for non-compliance. 
 13. Transfer of Registration Rights. Any
Holder may freely assign its rights hereunder on a pro rata basis in connection with any sale, transfer, assignment, or other conveyance (any of the foregoing, a “Transfer”) of Registrable Securities to any transferee or

  
 23 

 
assignee; provided that all of the following additional conditions are satisfied: (a) such Transfer is effected in accordance with applicable securities laws; (b) such transferee or
assignee agrees in writing to become subject to the terms of this Agreement; and (c) the Company is given written notice by such Holder of such Transfer, stating the name and address of the transferee or assignee and identifying the Registrable
Securities with respect to which such rights are being transferred or assigned; and further provided, that (i) any rights assigned hereunder shall apply only in respect of the Registrable Securities that are Transferred and not in respect of any
other securities that the transferee or assignee may hold and (ii) any Registrable Securities that are Transferred may cease to constitute Registrable Securities following such Transfer in accordance with the terms of this Agreement. 

14. Further Assurances. Each of the parties hereto shall execute all such further instruments and documents and take all such
further action as any other party hereto may reasonably require in order to effectuate the terms and purposes of this Agreement. 
 15.
Miscellaneous. 
 (a) Remedies. Any Person having rights under any provision of this Agreement shall be entitled to enforce
such rights specifically to recover damages caused by reason of any breach of any provision of this Agreement and to exercise all other rights granted by law. The parties hereto agree and acknowledge that money damages may not be an adequate remedy
for any breach of the provisions of this Agreement and that any party may in its sole discretion apply to any court of law or equity of competent jurisdiction (without posting any bond or other security) for specific performance and for other
injunctive relief in order to enforce or prevent violation of the provisions of this Agreement. 
 (b) Compliance. Each Holder
covenants and agrees that it will comply with the prospectus delivery requirements of the Securities Act as applicable to it (unless an exemption therefrom is available) in connection with sales of Registrable Securities pursuant to any Registration
Statement and shall sell the Registrable Securities only in accordance with a method of distribution described in each Registration Statement 

(c) Discontinued Disposition. By its acquisition of Registrable Securities, each Holder agrees that, upon receipt of a notice from the
Company of the occurrence of a Grace Period or any event of the kind described in Section 8(i), such Holder will forthwith discontinue disposition of such Registrable Securities under a Registration Statement until it is advised in
writing (the “Advice”) by the Company that the use of the applicable Prospectus (as it may have been supplemented or amended) may be resumed. The Company may provide appropriate stop orders to enforce the provisions of this
paragraph. 
 (d) Preservation of Rights. Except as may otherwise be contained in the Equity Registration Rights Agreement or
the Warrant Registration Rights Agreement (in each case as of, and as in effect on, the date hereof), the Company shall not grant any registration rights to third parties which are more favorable than or inconsistent with the rights granted
hereunder unless any such more favorable rights are concurrently added to the rights granted hereunder. 

  
 24 

 (e) No Inconsistent Agreements. The Company shall not hereafter enter into any agreement
with respect to its securities which is inconsistent with or violates the rights granted to the Holders in this Agreement.
 (f)
Amendments and Waivers. The provisions of this Agreement, including the provisions of this sentence, may not be amended, modified or supplemented, or waived unless the same shall be in writing and signed by the Company and Holders holding at
least a majority of the then outstanding Registrable Securities; provided, however, that any party may give a waiver as to itself; provided further, however that no amendment, modification, supplement, or waiver that disproportionately
and adversely affects, alters, or changes the interests of any Holder shall be effective against such Holder without the prior written consent of such Holder; and provided further that the waiver of any provision with respect to any
Registration Statement or offering may be given by Holders holding at least a majority of the then outstanding Registrable Securities entitled to participate in such offering or, if such offering shall have been commenced, having elected to
participate in such offering. Notwithstanding the foregoing, a waiver or consent to depart from the provisions hereof with respect to a matter that relates exclusively to the rights of certain Holders and that does not directly or indirectly affect
the rights of other Holders may be given by Holders of a majority of the Registrable Securities to which such waiver or consent relates; provided, however, that the provisions of this sentence may not be amended, modified, or
supplemented except in accordance with the provisions of the immediately preceding sentence. No waiver of any terms or conditions of this Agreement shall operate as a waiver of any other breach of such terms and conditions or any other term or
condition, nor shall any failure to enforce any provision hereof operate as a waiver of such provision or of any other provision hereof. No written waiver hereunder, unless it by its own terms explicitly provides to the contrary, shall be construed
to effect a continuing waiver of the provisions being waived and no such waiver in any instance shall constitute a waiver in any other instance or for any other purpose or impair the right of the party against whom such waiver is claimed in all
other instances or for all other purposes to require full compliance with such provision. The failure of any party to enforce any provision of this Agreement shall not be construed as a waiver of such provision and shall not affect the right of such
party thereafter to enforce each provision of this Agreement in accordance with its terms. 
 (g) Notices. Any notice or other
communication required or which may be given hereunder shall be in writing and shall be sent by certified or regular mail, by private national courier service (return receipt requested, postage prepaid), by personal delivery, by electronic mail or
by facsimile transmission. Such notice or communication shall be deemed given (i) if mailed, two days after the date of mailing, (ii) if sent by national courier service, one Business Day after being sent, (iii) if delivered personally, when so
delivered, (iv) if sent by electronic mail, on the Business Day such electronic mail is transmitted, or (v) if sent by facsimile transmission, on the Business Day such facsimile is transmitted, in each case as follows: 

(A) If to the Company: 
  

	
	Goodrich Petroleum Corporation
	Attn: Michael J. Killelea, Senior Vice President, General Counsel and Corporate Secretary
	801 Louisiana, Suite 700

 Houston, Texas 77002 

Tel: (713) 780-9494 
 Fax: (713)
780-9254 
 E-mail: Mike.Killelea@goodrichpetroleum.com 

  
 25 

 with a copy (which shall not constitute notice) to: 

Vinson & Elkins LLP 
 Attn:
Harry Perrin 
 1001 Fannin Street, Suite 2500 

Houston, Texas 77002-6760 
 Tel:
(713) 758-2548 
 Fax: (713) 615-5016 

E-mail: hperrin@velaw.com 
 and

 Vinson & Elkins LLP 

			
	Attn:	 	David S. Meyer
		 	Lauren R. Kanzer

 666 Fifth Avenue, 26th Floor 

New York, New York 10103-0040 

Tel: (212) 237-0058 

Fax: (917) 849-5358 

			
	E-mail:	 	dmeyer@velaw.com
		 	lkanzer@velaw.com

 (B) If to the Holders (or to any of them), at their addresses as they appear in the
records of the Company or the records of the transfer agent or registrar, if any, for the Registrable Securities. 
 If any time period for
giving notice or taking action hereunder expires on a day which is a Saturday, Sunday or legal holiday in the State of New York or the jurisdiction in which the Company’s principal office is located, the time period shall automatically be
extended to the Business Day immediately following such Saturday, Sunday or legal holiday. 
 (h) Successors and Assigns. This
Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors and assigns (including any trustee in bankruptcy). In addition, and whether or not any express assignment shall have
been made, the provisions of this Agreement which are for the benefit of the Holders of Registrable Securities (or any portion thereof) as such shall be for the benefit of and enforceable by any subsequent holder of any Registrable Securities (or of
such portion thereof); provided, that such subsequent holder of Registrable Securities shall be required to execute a joinder to this Agreement in form and substance reasonably satisfactory to the Company agreeing to be bound by its terms. No
assignment or delegation of this Agreement by the Company, or any of the Company’s rights, interests or obligations hereunder, shall be effective against any Holder without the prior written consent of such Holder. 

  
 26 

 (i) Execution and Counterparts. This Agreement may be executed simultaneously in two or
more counterparts, any one of which need not contain the signatures of more than one party, but all such counterparts taken together shall constitute one and the same Agreement. 

(j) Delivery by Facsimile. This Agreement, the agreements referred to herein, and each other agreement or instrument entered into
in connection herewith or therewith or contemplated hereby or thereby, and any amendments hereto or thereto, to the extent signed and delivered by means of a facsimile machine or other electronic means, shall be treated in all manner and respects as
an original agreement or instrument and shall be considered to have the same binding legal effect as if it were the original signed version thereof delivered in person. At the request of any party hereto or to any such agreement or instrument, each
other party hereto or thereto shall re-execute original forms thereof and deliver them to all other parties. No party hereto or to any such agreement or instrument shall raise the use of a facsimile machine or other electronic means to deliver a
signature or the fact that any signature or agreement or instrument was transmitted or communicated through the use of a facsimile machine or other electronic means as a defense to the formation or enforceability of a contract and each such party
forever waives any such defense. 
 (k) Governing Law; Venue. This Agreement shall be governed by, and construed in accordance
with, the laws of the State of New York, without giving effect to any choice of law or conflict of law rules or provisions (whether of the State of New York or any other jurisdiction) to the extent such rules or provisions would cause the
application of the laws of any jurisdiction other than the State of New York. Each of the parties to this Agreement consents and agrees that any action to enforce this Agreement or any dispute, whether such dispute arises in law or equity, arising
out of or relating to this Agreement shall be brought exclusively in the United States District Court for the Southern District of New York or any New York State Court sitting in New York City. The parties hereto consent and agree to submit to the
exclusive jurisdiction of such courts. Each of the parties to this Agreement waives and agrees not to assert in any such dispute, to the fullest extent permitted by applicable law, any claim that (i) such party and such party’s property is
immune from any legal process issued by such courts or (ii) any litigation or other proceeding commenced in such courts is brought in an inconvenient forum. The parties hereby agree that mailing of process or other papers in connection with any such
action or proceeding to an address provided in writing by the recipient of such mailing, or in such other manner as may be permitted by law, shall be valid and sufficient service thereof and hereby waive any objections to service in the manner
herein provided.
 (l) Waiver of Jury Trial. Each of the parties to this Agreement hereby agrees to waive its respective rights
to a jury trial of any claim or cause of action based upon or arising out of this Agreement. The scope of this waiver is intended to be all-encompassing of any and all disputes that may be filed in any court and that relate to the subject matter of
this Agreement, including contract claims, tort claims and all other common law and statutory claims. Each party hereto acknowledges that this waiver is a material inducement to enter into this Agreement, that each has already relied on this waiver
in entering into this Agreement, and that each will continue to rely on this waiver in their related future dealings. Each party hereto further warrants and represents that it has reviewed this waiver with its legal counsel and that it knowingly and
voluntarily waives its jury trial rights following consultation with legal counsel. THIS WAIVER IS IRREVOCABLE, MEANING THAT IT MAY NOT BE MODIFIED EITHER ORALLY OR 

  
 27 

 
IN WRITING (OTHER THAN BY A MUTUAL WRITTEN WAIVER SPECIFICALLY REFERRING TO THIS SECTION 15(l) AND EXECUTED BY EACH OF THE PARTIES HERETO), AND THIS WAIVER SHALL APPLY
TO ANY SUBSEQUENT AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS TO THIS AGREEMENT. In the event of litigation, this Agreement may be filed as a written consent to a trial by the court. 

(m) Severability. Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid
under applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any
other provision or the effectiveness or validity of any provision in any other jurisdiction, and this Agreement shall be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision had never been
contained herein. 
 (n) Descriptive Headings; Interpretation; No Strict Construction. The descriptive headings of this
Agreement are inserted for convenience only and do not constitute a substantive part of this Agreement. Whenever required by the context, any pronoun used in this Agreement shall include the corresponding masculine, feminine or neuter forms, and the
singular forms of nouns, pronouns, and verbs shall include the plural and vice versa. Reference to any agreement, document, or instrument means such agreement, document, or instrument as amended or otherwise modified from time to time in accordance
with the terms thereof, and, if applicable, hereof. The words “include”, “includes” or “including” in this Agreement shall be deemed to be followed by “without limitation”. The use of the words “or,”
“either” or “any” shall not be exclusive. The parties hereto have participated jointly in the negotiation and drafting of this Agreement. If an ambiguity or question of intent or interpretation arises, this Agreement shall be
construed as if drafted jointly by the parties hereto, and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship of any of the provisions of this Agreement. All references to laws, rules,
regulations and forms in this Agreement shall be deemed to be references to such laws, rules, regulations and forms, as amended from time to time or, to the extent replaced, the comparable successor thereto in effect at the time. All references to
agencies, self-regulatory organizations or governmental entities in this Agreement shall be deemed to be references to the comparable successors thereto from time to time. 

(o) Entire Agreement. This Agreement and any certificates, documents, instruments and writings that are delivered pursuant hereto,
constitutes the entire agreement and understanding of the parties in respect of the subject matter hereof and supersedes all prior understandings, agreements or representations by or among the parties, written or oral, to the extent they relate in
any way to the subject matter hereof. 
 (p) Termination. The obligations of the Company and of any Holder, other than those
obligations contained in Section 11 and this Section 15, shall terminate with respect to the Company and such Holder as soon as such Holder no longer beneficially owns any Registrable Securities. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 28 

 IN WITNESS WHEREOF, the parties have executed this Registration Rights Agreement as of the date
first written above. 
  

			
	GOODRICH PETROLEUM CORPORATION
		
	By:	 	 /s/ Michael J. Killelea

	Name:	 	Michael J. Killelea
	Title:	 	Senior Vice President, General Counsel and Corporate Secretary

 Signature Page to Registration Rights Agreement (Notes) 

 
					
	EACH ENTITY LISTED ON SCHEDULE A HERETO
	By:	 	Shenkman Capital Management, Inc., in its capacity as investment manager to each Shenkman Purchaser listed on Schedule A hereto
		
	By:	 	/s/ Justin Slatky
		 	Name:	 	Justin Slatky
		 	Title:	 	Executive Vice President

  

	☒	By checking this box, the Holder signing above hereby requests the inclusion of all of its Registrable Securities in the Initial Shelf Registration Statement. 

 

	☐	By checking this box, the Holder signing above hereby requests the inclusion of
                                        
of its Registrable Securities in the Initial Shelf Registration Statement, constituting less than all of its Registrable Securities. 

[Signature Page to Registration Rights Agreement (Notes)] 

 
			
	FRANKLIN ADVISERS, INC., as investment manager on behalf of certain funds and accounts
		
	By:	 	/s/ Glenn Voyles
		 	Name: Glenn Voyles
		 	Title: Vice President, Director of Portfolio Management

  

	☒	By checking this box, the Holder signing above hereby requests the inclusion of all of its Registrable Securities in the Initial Shelf Registration Statement. 

 

	☐	By checking this box, the Holder signing above hereby requests the inclusion of
                                        
of its Registrable Securities in the Initial Shelf Registration Statement, constituting less than all of its Registrable Securities. 

[Signature Page to Registration Rights Agreement (Notes)] 

 
					
	O’CONNOR GLOBAL MULTI-STRATEGY ALPHA MASTER LIMITED
	By:	 	UBS O’Connor LLC, its investment adviser
		
	By:	 	/s/ Andrew Martin
		 	Name:	 	Andrew Martin
		 	Title:	 	Managing Director
		
	By:	 	/s/ Joseph Workman
		 	Name:	 	Joseph Workman
		 	Title:	 	Deputy General Counsel
		
	By:	 	/s/ Jeff Richmond
		 	Name:	 	Jeff Richmond
		 	Title:	 	Executive Director

  

	☒	By checking this box, the Holder signing above hereby requests the inclusion of all of its Registrable Securities in the Initial Shelf Registration Statement. 

 

	☐	By checking this box, the Holder signing above hereby requests the inclusion of
                                        
of its Registrable Securities in the Initial Shelf Registration Statement, constituting less than all of its Registrable Securities. 

[Signature Page to Registration Rights Agreement (Notes)] 

 
					
	NINETEEN77 GLOBAL MULTI-STRATEGY ALPHA (LEVERED) MASTER LIMITED
	By:	 	UBS O’Connor LLC, its investment adviser
		
	By:	 	/s/ Andrew Martin
		 	Name:	 	Andrew Martin
		 	Title:	 	Managing Director
		
	By:	 	/s/ Joseph Workman
		 	Name:	 	Joseph Workman
		 	Title:	 	Deputy General Counsel
		
	By:	 	/s/ Jeff Richmond
		 	Name:	 	Jeff Richmond
		 	Title:	 	Executive Director

  

	☒	By checking this box, the Holder signing above hereby requests the inclusion of all of its Registrable Securities in the Initial Shelf Registration Statement. 

 

	☐	By checking this box, the Holder signing above hereby requests the inclusion of
                                        
of its Registrable Securities in the Initial Shelf Registration Statement, constituting less than all of its Registrable Securities. 

[Signature Page to Registration Rights Agreement (Notes)] 

 
					
	J.P. MORGAN SECURITIES LLC, with respect to only its Credit Trading group
		
	By:	 	/s/ Christopher Cestaro
		 	Name:	 	Christopher Cestaro
		 	Title:	 	Authorized Signatory

  

	☒	By checking this box, the Holder signing above hereby requests the inclusion of all of its Registrable Securities in the Initial Shelf Registration Statement. 

 

	☐	By checking this box, the Holder signing above hereby requests the inclusion of
                                        
of its Registrable Securities in the Initial Shelf Registration Statement, constituting less than all of its Registrable Securities. 

[Signature Page to Registration Rights Agreement (Notes)] 

 
					
	CVC GLOBAL CREDIT OPPORTUNITIES MASTER FUND, LP
	By:	 	Its Investment Advisor CVC Credit Partners, LLC
		
	By:	 	/s/ Scott Bynum
		 	Name:	 	Scott Bynum
		 	Title:	 	Managing Director

  

	☒	By checking this box, the Holder signing above hereby requests the inclusion of all of its Registrable Securities in the Initial Shelf Registration Statement. 

 

	☐	By checking this box, the Holder signing above hereby requests the inclusion of
                                        
of its Registrable Securities in the Initial Shelf Registration Statement, constituting less than all of its Registrable Securities. 

[Signature Page to Registration Rights Agreement (Notes)] 

 SCHEDULE A 

The PNC Financial Services Group, Inc. Pension Plan 
 EDS 1994
Pension Scheme 
 EDS Retirement Plan 
 P SCM Energy HY Ltd.

 Shenkman Energy Opportunity Master Fund Ltd. 
 Four Points
Multi-Strategy Master Fund Inc.EX-10.4

 Exhibit 10.4 

EXECUTION VERSION 

WARRANT AGREEMENT 
 THIS
WARRANT AGREEMENT (this “Agreement”), dated as of October 12, 2016, is by and among Goodrich Petroleum Corporation, a Delaware corporation (the “Company”) and American Stock Transfer & Trust Company, LLC (the
“Warrant Agent”).
 WHEREAS, on April 15, 2016, the Company (the “Debtor”) and Goodrich Petroleum
Company, L.L.C. (the “Debtor Affiliate”) filed voluntary petitions for relief under chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the for the Southern District of Texas (the
“Bankruptcy Court”), case number 16-31975; 
 WHEREAS, on August 12, 2016, the Debtor and Debtor Affiliate filed the
First Amended Joint Plan of Reorganization (as amended or supplemented from time to time, the “Plan of Reorganization”); 

WHEREAS, on September 28, 2016, the Bankruptcy Court entered an order confirming the Plan of Reorganization, and the Company and Debtor
Affiliate emerged from their chapter 11 cases on the date first written above (the “Effective Date”); 
 WHEREAS,
pursuant to the Plan of Reorganization, the Company will issue or cause to be issued, on or as soon as practicable after the Effective Date, warrants (the “Warrants”) to purchase shares of the common stock of the Company, par value
$0.01 per share (“Common Stock”), representing an aggregate total of 20% of the total number of shares of Common Stock issuable pursuant to the Plan of Reorganization (subject to dilution as set forth in the Plan of Reorganization)
to the New 2L Notes Purchasers (as defined in the Plan of Reorganization); 
 WHEREAS, the Company desires to provide for the form
and provisions of the Warrants, the terms upon which they shall be issued and exercised, and the respective rights, limitation of rights, and immunities of the Company, the Warrant Agent, and the holders of the Warrants; 

WHEREAS, the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in
connection with the issuance, registration, transfer, exchange, call, exercise and cancellation of the Warrants; and 
 WHEREAS, all
acts and things have been done and performed which are necessary to make the Warrants, when issued, the valid, binding and legal obligations of the Company, and to authorize the execution and delivery of this Agreement.

NOW, THEREFORE, in consideration of the mutual agreements herein contained, the parties hereto agree as follows: 

ARTICLE I 
 DEFINITIONS

 Section 1.1 Definition of Terms. As used in this Agreement, the following capitalized terms shall have the following
respective meanings: 

 (a) “Affiliate” has the meaning set forth in Rule 12b-2 of the Exchange Act.

 (b) “Affiliate Transaction” has the meaning set forth in Section 9.9 hereof. 

(c) “Agreement” has the meaning set forth in the Preamble. 

(d) “Appropriate Officer” has the meaning set forth in Section 3.2(a) hereof. 

(e) “Bankruptcy Code” means Title 11 of the United States Code, 11 U.S.C. §§101-1532. 

(f) “Beneficial Holder” means, with respect to any Warrants represented by a Global Warrant Certificate, any person or entity
that “beneficially owns” (as such term is defined under and determined pursuant to Rule 13d-3 promulgated under the Exchange Act) such Warrants. 

(g) “Beneficial Ownership Limitation” means 9.9% of the number of shares of Common Stock outstanding immediately after giving
effect to the issuance of the Warrant Exercise Shares as set forth in the applicable Exercise Form. 
 (h) “Bankruptcy
Court” has the meaning set forth in the Preamble. 
 (i) “Board of Directors” means the Board of Directors of the
Company. 
 (j) “Book-Entry Warrants” has the meaning set forth in Section 3.1(c) hereof. 

(k) “Business Day” means any day that is not (i) a Saturday or Sunday or a day on which the New York Stock Exchange is closed
and, (ii) in the event that the Warrants or Common Stock are listed on a national securities exchange other than the New York Stock Exchange, a day on which such national securities exchange is closed. 

(l) “Certificated Warrants” has the meaning set forth in Section 3.1(c) hereof. 

(m) “Common Stock” has the meaning set forth in the Recitals, and shall include any successor security as a result of any
recapitalization, reorganization, reclassification or similar transaction involving the Company. 
 (n) “Common Stock Deemed
Outstanding” means, at any given time, the sum of (a) the number of shares of Common Stock actually outstanding at such time, plus (b) the number of shares of Common Stock issuable upon exercise of Options, Warrants and Unsecured
Creditors’ Warrants actually outstanding at such time, plus (c) the number of shares of Common Stock issuable upon conversion or exchange of Convertible Securities actually outstanding at such time (treating as actually outstanding any
Convertible Securities issuable upon exercise of Options actually outstanding at such time), in each case, regardless of whether the Options or Convertible Securities are actually exercisable at such time; provided, that Common Stock Deemed
Outstanding at any given time shall not include shares owned or held by or for the account of the Company or any of its wholly owned subsidiaries. 

 (o) “Convertible Securities” means any securities (directly or indirectly)
convertible into or exchangeable for Common Stock, but excluding Options. 
 (p) “Current Sale Price” of the Common Stock
on any date of determination means: 
 (i) if the Common Stock is listed on the New York Stock Exchange or The NASDAQ Stock
Market on such date, the average closing sale price per share of the Common Stock (or if no closing sale price is reported, the average of the closing bid and closing ask prices or, if more than one in either case, the average of the average closing
bid and the average closing ask prices) for the ten (10) consecutive trading days immediately prior to such date of determination, as reported by the New York Stock Exchange or The NASDAQ Stock Market, as applicable; 

(ii) if the Common Stock is not listed on the New York Stock Exchange or The NASDAQ Stock Market on such date, but is listed on
another U.S. national or regional securities exchange, the average closing sale price per share of the Common Stock (or if no closing sale price is reported, the average of the high bid and low asked prices or, if more than one in either case, the
average of the average high bid and low asked prices) for the ten (10) consecutive trading days immediately prior to such date of determination, as reported in composite transactions for such securities exchange (or, if more than one, the principal
securities exchange on which the Common Stock is traded); 
 (iii) if the Common Stock is not listed on a U.S. national or
regional securities exchange, the average last quoted sale price for the Common Stock (or, if no sale price is reported, the average of the high bid and low asked price for such date) for the ten (10) consecutive trading days immediately prior to
such date of determination, in the over-the-counter market as reported by OTC Markets Group Inc. or other similar organization; or 

(iv) in all other cases, as determined in good faith by the Board of Directors. 

The Current Sale Price shall be determined without reference to early hours, after hours or extended market trading. 

The Current Sale Price shall be appropriately adjusted by the Board of Directors in good faith if the “ex date” (as hereinafter defined) for any
event (other than the issuance or distribution requiring such computation) occurs during the ten (10) consecutive trading days immediately prior to the day as of which the Current Sale Price is being determined. 

For these purposes the term “ex date”, when used: 

(i) with respect to any issuance or distribution, means the first date on which the Common Stock trades regular way on the
relevant exchange or in the relevant market from which the sale price or bid and ask prices, as applicable, were obtained without the right to receive such issuance or distribution; 

 (ii) with respect to any subdivision or combination of shares of Common Stock,
means the first date on which the Common Stock trades regular way on such exchange or in such market after the time at which such subdivision or combination becomes effective; and 

(iii) with respect to any tender or exchange offer, means the first date on which the Common Stock trades regular way on such
exchange or in such market after the expiration time of such offer. 
 The foregoing adjustments shall be made to the Current Sale Price in accordance with
the terms hereof, as may be necessary or appropriate to effectuate the intent of this Agreement and to avoid unjust or inequitable results as determined in good faith by the Board of Directors. 

(q) “Customer Identification Program” has the meaning set forth in Section 9.16 hereof. 

(r) “Date of Issuance” has the meaning set forth in Section 3.1(a) hereof. 

(s) “Debtor” has the meaning set forth in the Recitals. 

(t) “Debtor Affiliate” has the meaning set forth in the Recitals. 

(u) “Depositary” has the meaning set forth in Section 3.1(c) hereof. 

(v) “Direct Registration Warrants” has the meaning set forth in Section 3.1(c) hereof. 

(w) “Effective Date” has the meaning set forth in the Recitals. 

(x) “Exchange Act” means the Securities Exchange Act of 1934, as amended. 

(y) “Excluded Issuance” means any issuance or sale (or deemed issuance or sale in accordance with Section 5.3) by the
Company after the Date of Issuance of (a) shares of Common Stock issued upon the exercise of the Warrants; (b) shares of Common Stock issued upon the exercise of the Unsecured Creditors’ Warrants; (c) shares of Common Stock issued upon the
conversion of the Initial Notes; (d) shares of Common Stock issued directly pursuant to a broadly distributed, registered public offering that is underwritten on a firm commitment basis; (e) shares of Common Stock issued upon the exercise of Options
to directors, officers, employees, or consultants of the Company in connection with their service as directors of the Company, their employment by the Company or their retention as consultants by the Company, in each case authorized by the Board of
Directors and issued pursuant to the Company’s long term incentive plan (including all such shares of Common Stock and Options outstanding prior to the Effective Date); (f) shares of Common Stock issued upon the conversion or exercise of
Options (other than Options covered by clause (e) above) or Convertible Securities issued prior to the Date of Issuance, provided that such securities are not amended after the date hereof to increase the number of shares of Common Stock
issuable thereunder or to lower the exercise or conversion price thereof; or (g) shares of Common Stock issued as bona fide “equity kickers” following the Effective Date in connection with one or more debt financings of the Company
from one or more lenders that are not Affiliates of the Company. 
  

 (z) “Exercise Date” means any date, on or prior to the expiration of the
Exercise Period, on which the Registered Holder exercises the right to purchase the Warrant Exercise Shares, in whole or in part, pursuant to and in accordance with the terms and conditions described herein. 

(aa) “Exercise Form” has the meaning set forth in Section 4.3(d) hereof. 

(bb) “Exercise Price” has the meaning set forth in Section 4.1 hereof. 

(cc) “Exercise Period” has the meaning set forth in Section 4.2 hereof. 

(dd) “Fair Market Value” shall mean (i) in the case of Publicly Traded Securities, the average closing price on the
applicable trading exchange or quotation system on each trading day during the five (5) trading day period ending on the trading day prior to the measurement date, and (ii) in the case of equity securities other than Publicly Traded Securities, the
fair market value per equity security, as determined on a reasonable basis and in good faith by the Board, but without regard for any liquidity or minority discounts. 

(ee) “Funds” has the meaning set forth in Section 4.3(i) hereof. 

(ff) “Global Warrant Certificates” has the meaning set forth in Section 3.1(c) hereof. 

(gg) “Governmental Authority” means any (i) government, (ii) governmental or
quasi-governmental authority of any nature (including any governmental agency, branch, department, official or entity and any court or other tribunal) or (iii) body exercising, or entitled to exercise, any
administrative, executive, judicial, legislative, police, regulatory or taxing authority or power of any nature, in each case, whether federal, state, local, municipal, foreign, supranational or of any other jurisdiction. 

(hh) “Holder” has the meaning set forth in Section 4.1 hereof. 

(ii) “Initial Notes” means the $40 million of 13.5% Convertible Senior Secured Second Lien Notes of the Company issued
pursuant to the indenture, dated the date hereof, among the Company, the guarantors named therein, and Wilmington Trust, National Association, as trustee. 

(jj) “Law” means all laws, statutes, rules, regulations, codes, injunctions, decrees, orders, ordinances, registration
requirements, disclosure requirements and other pronouncements having the effect of law of the United States, any foreign country or any domestic or foreign state, county, city or other political subdivision or of any Governmental Authority. 

(kk) “Moody’s” means Moody’s Investors Service, Inc. or any successor thereto. 

 (ll) “Options” means any warrants or other rights or options to subscribe for or
purchase Common Stock or Convertible Securities. 
 (mm) “Person” means any individual, firm, corporation, partnership,
limited partnership, limited liability company, association, indenture trustee, organization, joint stock company, joint venture, estate, trust, governmental unit or any political subdivision thereof, or any other entity (as such term is defined in
the Bankruptcy Code). 
 (nn) “Plan of Reorganization” has the meaning set forth in the Recitals. 

(oo) “Publicly Traded Securities” shall mean securities that are registered under the Securities Act, are freely tradable and
listed for trading on a national securities exchange. 
 (pp) “Registered Holder” has the meaning set forth in
Section 3.4(d) hereof. 
 (qq) “Requisite Holders” means Registered Holders of Warrants exercisable for a
majority of the Common Stock issuable upon exercise of all Warrants then outstanding. 
 (rr) “Rule 144” means Rule 144
under the Securities Act. 
 (ss) “S&P” means S&P Global Ratings, a division of The McGraw-Hill Companies, Inc.

 (tt) “SEC” means the Securities and Exchange Commission or any other federal agency at the time administering the
Securities Act or the Exchange Act. 
 (uu) “Securities Act” means the Securities Act of 1933, as amended. 

(vv) “Subsidiary” means, with respect to any Person, any corporation, partnership, limited liability company or other
business entity of which (i) if a corporation, a majority of the total voting power of shares of stock entitled (without regard to the occurrence of any contingency) to vote in the election of directors is at the time owned or controlled, directly
or indirectly, by that Person or one or more of the other Subsidiaries of that Person or a combination thereof, or (ii) if a partnership, limited liability company or other business entity (other than a corporation), a majority of the partnership,
limited liability company or other similar ownership interest thereof is at the time owned or controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of that Person or a combination thereof. For purposes hereof, a
Person or Persons shall be deemed to have a majority ownership interest in a partnership, limited liability company or other business entity if such Person or Persons shall be allocated a majority of partnership, limited liability company or other
business entity gains or losses or shall be or control the general partner, the managing member or entity performing similar functions of such partnership, limited liability company or other business entity. 

(ww) “Transfer” has the meaning set forth in Section 6.1(a) hereof. 

 (xx) “Unsecured Creditors’ Warrants” means out-of-the money warrants equal
to 10% of the New Goodrich Equity Interests (as defined in the Plan of Reorganization), on a fully diluted basis, issued pursuant to the Plan of Reorganization. 

(yy) “USA PATRIOT Act” means United States Public Law 107-56, Uniting and Strengthening America by Providing Appropriate
Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT ACT) Act of 2001 and the rules and regulations promulgated thereunder from time to time in effect. 

(zz) “Waiver Notice” has the meaning set forth in Section 4.3(c) hereof. 

(aaa) “Warrant Agent” has the meaning set forth in the preamble and shall include any successor to the Warrant Agent pursuant
to Section 8.1 hereof. 
 (bbb) “Warrant Certificates” has the meaning set forth in Section 3.1(c)
hereof. 
 (ccc) “Warrant Exercise Shares” means the shares of Common Stock issued upon the applicable exercise of a
Warrant. 
 (ddd) “Warrant Register” has the meaning set forth in Section 3.4(c) hereof. 

(eee) “Warrant Restrictions” has the meaning set forth in Section 3.1(c) hereof. 

(fff) “Warrant Statements” has the meaning set forth in Section 3.1(c) hereof. 

(ggg) “Warrants” has the meaning set forth in the Recitals. 

Section 1.2 Rules of Construction 

(a) The singular form of any word used herein, including the terms defined in Section 1.1 hereof, shall include the plural, and vice versa.
The use herein of a word of any gender shall include correlative words of all genders. 
 (b) Unless otherwise specified, references to
Articles, Sections and other subdivisions of this Agreement are to the designated Articles, Sections and other subdivision of this Agreement as originally executed. The words “hereof,” “herein,” “hereunder” and words of
similar import refer to this Agreement as a whole. 
 (c) References to “$” are to dollars in lawful currency of the United States
of America. 
 (d) The Exhibits attached hereto are an integral part of this Agreement. 

ARTICLE II 
 APPOINTMENT
OF WARRANT AGENT 
 Section 2.1 Appointment. The Company hereby appoints the Warrant Agent to act as agent for the Company
for the Warrants in accordance with the express terms and subject to the 

 
conditions set forth in this Agreement (and no implied terms or conditions), and the Warrant Agent hereby accepts such appointment and agrees to perform the same in accordance with the express
terms and conditions set forth in this Agreement. 
 ARTICLE III 

WARRANTS 
 Section 3.1
Issuance of Warrants.
 (a) On the terms and subject to the conditions of this Agreement and in accordance with the terms of the Plan
of Reorganization, on or as soon as practicable after the Effective Date (such date, the “Date of Issuance”), the Company will issue the Warrants to the New 2L Notes Purchasers, as set forth in the Plan of Reorganization. 

(b) The maximum number of shares of Common Stock issuable pursuant to exercise of the Warrants shall be 2,499,999 shares, as such amount may
be adjusted from time to time pursuant to this Agreement.
 (c) Unless otherwise provided in this Agreement, the Warrants (such Warrants
being referred to as “Book-Entry Warrants”) shall be issued through the book-entry facilities of The Depository Trust Company, as depositary (the “Depositary”), in the form of one or more global warrant certificates
(“Global Warrant Certificates”), duly executed on behalf of the Company and countersigned, either by manual or facsimile signature, by the Warrant Agent, in the manner set forth in Section 3.2(b) below, which the Company
shall deliver, or cause to be delivered to the Depositary, on or promptly after the Effective Date. Notwithstanding the foregoing, any Warrants that are not issuable through the mandatory reorganization function of the Depositary shall either
be (x) represented by certificates (including the Global Warrant Certificates, “Warrant Certificates”; and any Warrant represented by a Warrant Certificate, other than a Global Warrant Certificate, being referred to as a
“Certificated Warrant”) or (y) issued by electronic entry registration on the books of the Warrant Agent (“Direct Registration Warrants”) and shall be reflected on statements issued by the Warrant Agent from time to
time to the holders thereof (the “Warrant Statements”); provided that any Certificated Warrants or Direct Registration Warrants that are not subject to any restriction on Transfer or exercise, or are not subject to any
vesting requirements (such restrictions or requirements, “Warrant Restrictions”), may be exchanged at any time for a corresponding number of Book-Entry Warrants, in accordance with Section 6.1(d) and the
applicable procedures of the Depositary and the Warrant Agent. 
 Section 3.2 Form of Warrant. 

(a) Subject to Section 6.1 of this Agreement, the Global Warrant Certificates, with the forms of election to exercise and of assignment
printed on the reverse thereof, shall be in substantially the form set forth in Exhibit A-1 attached hereto. The Certificated Warrants, with the forms of election to exercise and of assignment printed on the reverse thereof, shall be in
substantially the form set forth in Exhibit A-2 attached hereto. The Warrant Certificates may bear such appropriate insertions, omissions, substitutions and other variations as are required or

 
permitted by this Agreement, and may have such letters, numbers or other marks of identification or designation and such legends, summaries, or endorsements placed thereon as may be required by
the Depositary (including as provided in Section 3.2(b)) or to comply with any Law or with any rules or regulations made pursuant thereto or with any rules of any securities exchange or as may, consistently herewith, or, be determined by the
Chief Executive Officer, President or Chief Financial Officer of the Company (each, an “Appropriate Officer”) executing such Warrant Certificates, as evidenced by their execution of the Warrant Certificates, provided any such
insertions, omissions, substitutions or variations shall be reasonably acceptable to the Warrant Agent; and provided further, in each case, that they do not affect the rights, duties, obligations, responsibilities, liabilities or
indemnities of the Warrant Agent. 
 (b) The Global Warrant Certificates shall bear a legend substantially in the form indicated therefor on
Exhibit A-1. The Global Warrant Certificates shall be deposited on or after the Date of Issuance with the Warrant Agent and registered in the name of Cede & Co., as the nominee of the Depositary. Each Global Warrant Certificate shall
represent such number of the outstanding Warrants as specified therein, and each shall provide that it shall represent the aggregate amount of outstanding Warrants from time to time endorsed thereon and that the aggregate amount of outstanding
Warrants represented thereby may from time to time be reduced or increased, as appropriate, in accordance with the terms of this Agreement. 

Section 3.3 Execution of Warrant Certificates. 

(a) The Warrant Certificates shall be signed on behalf of the Company by an Appropriate Officer. Each such signature upon the Warrant
Certificates may be in the form of a facsimile signature of any such Appropriate Officer and may be imprinted or otherwise reproduced on the Warrant Certificates and for that purpose the Company may adopt and use the facsimile signature of any
Appropriate Officer. 
 (b) If any Appropriate Officer who shall have signed any of the Warrant Certificates shall cease to be such
Appropriate Officer before the Warrant Certificates so signed shall have been countersigned, either by manual or facsimile signature, by the Warrant Agent or delivered or disposed of by or on behalf of the Company, such Warrant Certificates
nevertheless may be countersigned and delivered or disposed of with the same force and effect as though such Appropriate Officer had not ceased to be such Appropriate Officer of the Company; and any Warrant Certificate may be signed on behalf of the
Company by any person who, at the actual date of the execution of such Warrant Certificate, shall be a proper Appropriate Officer of the Company to sign such Warrant Certificate, although at the date of the execution of this Agreement any such
person was not such Appropriate Officer. 
 (c) A Warrant Certificate shall be, and shall remain, subject to the provisions of this
Agreement until such time as all of the Warrants evidenced thereby shall have been duly exercised or shall have expired or been canceled in accordance with the terms hereof. 

Section 3.4 Registration and Countersignature. 

(a) Upon receipt of a written order of the Company signed by an Appropriate Officer instructing the Warrant Agent to do so, the Warrant Agent
(i) shall upon receipt of 

 
Warrant Certificates, including the Global Warrant Certificates, duly executed on behalf of the Company, countersign, either by manual or facsimile signature, such Warrant Certificates evidencing
Warrants, and record such Warrant Certificates, including the Registered Holders thereof, in the Warrant Register, and (ii) shall register in the Warrant Register any Direct Registration Warrants in the names of the initial Registered Holders
thereof. Such written order of the Company shall specifically state the number of Warrants that are to be issued as Certificated Warrants or Direct Registration Warrants and the name of the Registered Holders thereof, and the number of Warrants that
are to be issued as Book-Entry Warrants, and the Warrant Agent may rely conclusively on such written order. Notwithstanding the foregoing or anything else in this Agreement to the contrary, the Company shall not instruct the Warrant Agent to
register any Direct Registration Warrants unless and until the Warrant Agent shall notify the Company in writing that it has the capabilities to accommodate Direct Registration Warrants. 

(b) No Warrant Certificate shall be valid for any purpose, and no Warrant evidenced thereby shall be exercisable, until such Warrant
Certificate has been countersigned by the manual or facsimile signature of the Warrant Agent. Such signature by the Warrant Agent upon any Warrant Certificate executed by the Company shall be conclusive evidence that such Warrant Certificate so
countersigned has been duly issued hereunder. 
 (c) The Warrant Agent shall keep or cause to be kept, at an office designated for such
purpose, books (the “Warrant Register”) in which, subject to such reasonable regulations as it may prescribe, it shall register the Certificated Warrants or Direct Registration Warrants, and the Warrants represented by Global
Warrant Certificates, and exchanges, cancellations and Transfers of outstanding Warrants in accordance with the procedures set forth in Section 6.1 of this Agreement, all in a form satisfactory to the Company and the Warrant Agent. No service
charge shall be made for any exchange or registration of Transfer of the Warrants, but the Company may require payment of a sum sufficient to cover any stamp or other tax or other charge that may be imposed on any Registered Holder in connection
with any such exchange or registration of Transfer. The Warrant Agent shall have no obligation to effect an exchange or register a Transfer unless and until it is satisfied that any payments required by the immediately preceding sentence have been
made. 
 (d) Prior to due presentment for registration of Transfer or exchange of any Warrants in accordance with the procedures set forth
in this Agreement, the Company and the Warrant Agent may deem and treat the person in whose name such Warrants are registered upon the Warrant Register (the “Registered Holder” of such Warrants) as the absolute owner of such
Warrants, for all purposes including, without limitation, for the purpose of any exercise thereof, any distribution to the holder thereof and for all other purposes, and neither the Warrant Agent nor the Company shall be affected by notice to the
contrary. Neither the Company nor the Warrant Agent will be liable or responsible for any registration or Transfer of any Warrants that are registered or to be registered in the name of a fiduciary or the nominee of a fiduciary. 

 ARTICLE IV 

TERMS AND EXERCISE OF WARRANTS 

Section 4.1 Exercise Price. Each Warrant shall entitle (i) in the case of the Certificated Warrants or Direct Registration
Warrants, the Registered Holder thereof and (ii) in the case of Book-Entry Warrants, the Beneficial Holder thereof ((i) and (ii) collectively, the “Holder”), subject to the provisions of the Warrants and this Agreement, the
right to purchase from the Company one share of Common Stock (subject to adjustment from time to time as provided in Article V hereof), at the price of $0.01 per share (the “Exercise Price”). 

Section 4.2 Exercise Period. Warrants may be exercised by the Holder thereof, in whole or in part (but not as to a fractional
share of Common Stock), at any time and from time to time after the Date of Issuance and prior to 5:00 P.M., New York time on October 12, 2026 (the “Exercise Period”). To the extent that a Warrant or portion thereof is not
exercised prior to the expiration of the Exercise Period, it shall be automatically cancelled with no action by any Person, and with no further rights thereunder, upon such expiration. 

Section 4.3 Method of Exercise.

(a) In connection with the exercise of any Warrants, (i) the Holder of such Warrants shall exchange the Common Stock purchase rights
represented thereby by surrendering such Warrant (or portion thereof) to the Warrant Agent for the number of Warrant Exercise Shares being exercised, up to the aggregate number of Warrant Exercise Shares for which the Warrants are exercisable
(subject to the limitations set forth in this Agreement and the Warrants), and (ii) the Exercise Price shall be paid, at the option of the Holder, (x) in United States dollars by personal, certified or official bank check payable to the Warrant
Agent (if by certified or official bank check the Holder’s account number with the Warrant Agent and name and address must be typeset on the check), or by wire transfer to an account specified in writing by the Company or the Warrant Agent to
such Holder, in either case in immediately available funds in an amount equal to the aggregate Exercise Price for such Warrant Exercise Shares as specified in the Exercise Form or (y) by cashless exercise as set forth in Section 4.3(b)). 

(b) In lieu of paying the Exercise Price by personal, certified or official bank check or by wire transfer, any Holder may elect to exercise
Warrants by authorizing the Company to withhold and not issue to such Holder, in payment of the Exercise Price thereof, a number of such Warrant Exercise Shares equal to (x) the number of Warrant Exercise Shares for which the Warrants are being
exercised, multiplied by (y) the Exercise Price, and divided by (z) the Current Sale Price on the Exercise Date (and such withheld shares shall no longer be issuable under such Warrants, and the Holder shall not have any rights or be entitled to any
payment with respect to such withheld shares). 
 (c) At no time when the Common Stock is registered under Section 12 of the Exchange Act
shall the Company or the Warrant Agent effect any exercise of the Warrants, and a Holder shall not have the right to exercise any portion of the Warrants, to the extent that, after giving effect to the exercise as set forth on the applicable
Exercise Form, such Holder (together with such Holder’s Affiliates, and any Persons acting as a group together with such Holder or 

 
any of such Holder’s Affiliates) would beneficially own in excess of the Beneficial Ownership Limitation; provided that, upon a Holder providing the Company and the Warrant Agent with
sixty-one (61) days’ notice (the “Waiver Notice”) at any time, whether before or after the Common Stock is registered under Section 12 of the Exchange Act, that such Holder wishes to waive the provisions of this Section
4.3(c) with regard to any or all Warrant Exercise Shares issuable upon exercise of such Holder’s Warrants, this Section 4.3(c) shall be of no force or effect with regard to the Warrants referenced in the Waiver Notice. For
purposes of the foregoing sentence, the number of shares of Common Stock beneficially owned by such Holder, its Affiliates and any Persons acting as a group together with such Holder or its Affiliates shall include the number of Warrant Exercise
Shares issuable upon exercise of the Warrants with respect to which such determination is being made, but shall exclude the number of shares of Common Stock which are issuable upon exercise or conversion of the unexercised or unconverted portion of
any other securities of the Company beneficially owned by such Holder, its Affiliates or any other such Persons if such securities are subject to a limitation on conversion or exercise analogous to the limitation contained herein. Except as set
forth in the preceding sentence, for purposes of this Section 4.3(c), beneficial ownership shall be calculated in accordance with Section 13(d) of the Exchange Act and the rules and regulations promulgated thereunder. In order to correct this
Section 4.3(c) (or any portion hereof) which may be defective or inconsistent with the intended beneficial ownership limitation herein contained or to make changes or supplements necessary or desirable to properly give effect to such
limitation, the provisions of this Section 4.3(c) may be construed and implemented in a manner other than in strict conformity with the terms hereof. 

(d) Upon exercise of any Warrants, the Warrant Agent will (no later than three (3) Business Days after receipt of an Exercise Form) deliver
written notice to the Company to confirm the number of shares of Common Stock issuable in connection with such exercise. The Company shall calculate and transmit to the Warrant Agent in a written notice, and the Warrant Agent shall have no duty,
responsibility or obligation to calculate, the number of shares of Common Stock issuable in connection with any exercise. The Warrant Agent shall be entitled to rely conclusively on any such written notice provided by the Company, and the Warrant
Agent shall not be liable for any action taken, suffered or omitted to be taken by it in accordance with such written instructions or pursuant to this Agreement. Such written notice from the Company shall also set forth the cost basis for such
shares of Common Stock issued pursuant to such exercise. 
 (e) Subject to the terms and conditions of the Warrants and this Agreement, the
Holder of any Warrants may exercise, in whole or in part, such Holder’s right to purchase the Warrant Exercise Shares issuable upon exercise of such Warrants by: (x) in the case of Certificated Warrants, properly completing and duly
executing the exercise form for the election to exercise such Warrants (including the exercise forms referred to in clauses (y) and (z) below, an “Exercise Form”) appearing on the reverse side of the Warrant Certificates, (y) in the
case of Direct Registration Warrants, providing an Exercise Form substantially in the form of Exhibit B hereto, properly completed and duly executed by the Registered Holder thereof, to the Warrant Agent, and (z) in the case of
Book-Entry Warrants, providing an Exercise Form substantially in the form of Exhibit C hereto or otherwise complying with the practices and procedures of the Depositary and its direct and indirect participants, as applicable. 

 (f) Any exercise of Warrants pursuant to the terms of this Agreement shall be irrevocable and
shall constitute a binding agreement between the Holder and the Company, enforceable in accordance with the terms of the Warrants and this Agreement; provided however, if the Holder undertakes a cashless exercise as set forth in Section
4.3(b) and the Current Sale Price is determined pursuant to clause (iv) of the definition of Current Sale Price, the Holder shall be entitled at its option to revoke exercise within five (5) business days of being notified in writing of the
determination of the Current Sale Price. 
 (g) In the case of Certificated Warrants, upon receipt of the Warrant Certificate with the
properly completed and duly executed Exercise Form, or in the case of Direct Registration Warrants, upon receipt of an Exercise Form, in each case pursuant to Section 4.3(d), the Warrant Agent shall: 

(i) examine the Exercise Form and all other documents delivered to it by or on behalf of Holders as contemplated hereunder to
ascertain whether or not, on their face, such Exercise Form and any such other documents have been executed and completed in accordance with their terms and the terms hereof; 

(ii) if an Exercise Form or other document appears, on its face, to have been improperly completed or executed or some other
irregularity in connection with the exercise of the Warrants exists, endeavor to inform the appropriate parties (including the person submitting such instrument) of the need for fulfillment of all requirements, specifying those requirements which
appear to be unfulfilled; 
 (iii) inform the Company of and cooperate with and assist the Company in resolving any
reconciliation problems between the information provided on any Exercise Form received and the information on the Warrant Register; 

(iv) advise the Company no later than three (3) Business Days after receipt of an Exercise Form, of (A) the receipt of such
Exercise Form and the number of Warrant Exercise Shares in respect of which the Warrants are requested to be exercised in accordance with the terms and conditions of this Agreement, (B) the instructions with respect to delivery of the Common Stock
deliverable upon such exercise, subject to timely receipt of such information by the Warrant Agent, and (C) such other information as the Company shall reasonably request; and 

(v) subject to Common Stock being made available to the Warrant Agent by or on behalf of the Company, and written instructions
from the Company, liaise with the transfer agent for the Common Stock for the issuance and registration (in electronic entry form, in the case of Direct Registration Warrants) of the number of shares of Common Stock issuable upon exercise of the
Warrants in accordance with the Exercise Form. 
 The Company reserves the right to reject any and all Exercise Forms that it determines are not in proper
form or for which any corresponding agreement by the Company to exchange would, in the opinion of the Company, be unlawful. Any such determination by the Company shall be final and binding on the Holders of the Warrants, absent manifest error.
Moreover, the Company 

 
reserves the absolute right to waive any of the conditions to any particular exercise of Warrants or any defects in the Exercise Form(s) with regard to any particular exercise of Warrants. The
Company shall provide prompt written notice to the Warrant Agent of any such rejection or waiver. 
 (h) In the case of Book-Entry Warrants,
the Company and the Warrant Agent shall cooperate with the Depositary and its direct and indirect participants in order to effectuate the exercise of such Warrants, in accordance with the applicable practices and procedures of the Depositary and
such participants, including the manner of delivery of notice of exercise by the Beneficial Holders thereof, which may be substantially in the form of Exhibit C or in such other form as shall be prescribed by such participants, as applicable. 

(i) The Warrant Agent shall not be under any duty to give notice to the Holders of the Warrants of any irregularities in any exercise of
Warrants, nor shall it incur any liability for the failure to give such notice. 
 (j) All funds received by the Warrant Agent under this
Agreement that are to be distributed or applied by the Warrant Agent in the performance of services (the “Funds”) shall be held by the Warrant Agent as agent for the Company and deposited in one or more bank accounts to be maintained by
the Warrant Agent in its name as agent for the Company. Until paid pursuant to the terms of this Agreement, the Warrant Agent will hold the Funds through such accounts in: deposit accounts of commercial banks with Tier 1 capital exceeding $1
billion or with an average rating above investment grade by S&P (LT Local Issuer Credit Rating), Moody’s (Long Term Rating) and Fitch Ratings, Inc. (LT Issuer Default Rating) (each as reported by Bloomberg Finance L.P.). The Warrant
Agent shall have no responsibility or liability for any diminution of the Funds that may result from any deposit made by the Warrant Agent in accordance with this paragraph, including any losses resulting from a default by any bank, financial
institution or other third party.  
 Section 4.4 Issuance of Common Stock.

(a) Upon the effectiveness of any exercise of any Warrants pursuant to Section 4.3, the Company shall, subject to
Section 4.6, promptly at its expense, and in no event later than five (5) Business Days after the Exercise Date, cause to be issued as directed by the Holder of such Warrants the total number of whole shares of Common Stock for which
such Warrants are being exercised (as the same may be hereafter adjusted pursuant to Article V) in such denominations as are requested by the Holder as set forth below: 

(i) in the case of the exercise of any Certificated Warrants or Direct Registration Warrants by the Registered Holder thereof,
by electronic entry on the books of the Company’s transfer agent, registered as directed by the Holder, and 
 (ii) in
the case of the exercise of any Book-Entry Warrants by the Beneficial Holder thereof, by same-day or next-day credit to the Depositary in accordance with the practices and procedures of the Depositary and its respective participants, delivered to
such account as directed by the Holder. 

 (b) Notwithstanding the five (5) Business Day period set forth in Section 4.4(a), the
Warrant Exercise Shares shall be deemed to have been issued at the time at which all of the conditions to such exercise have been fulfilled, and the Holder, or other person to whom the Holder shall direct the issuance thereof, shall be deemed for
all purposes to have become the holder of such Warrant Exercise Shares at such time. 
 Section 4.5 Reservation of Shares. 

(a) The Company agrees that it shall at all times reserve and keep available out of its authorized but unissued shares of Common Stock solely
for the purpose of issuance upon the exercise of the Warrants, a number of shares of Common Stock equal to the aggregate Warrant Exercise Shares issuable upon the exercise of all outstanding Warrants. The Company shall use commercially reasonable
efforts to take all such actions as may be necessary to assure that all such shares of Common Stock may be so issued without violating the Company’s governing documents, any agreements to which the Company is a party on the date thereof, any
requirements of any national securities exchange upon which shares of Common Stock may be listed or any applicable Laws. The Company shall not take any action which would cause the number of authorized but unissued shares of Common Stock to be less
than the number of such shares required to be reserved hereunder for issuance upon exercise of the Warrants. 
 (b) The Company covenants
that it will take such actions as may be necessary or appropriate in order that all Warrant Exercise Shares issued upon exercise of the Warrants will, upon issuance in accordance with the terms of this Agreement, be fully paid and non-assessable and
free from any and all (i) security interests created by or imposed upon the Company and (ii) taxes, liens and charges with respect to the issuance thereof. If at any time prior to the expiration of the Exercise Period the number and kind of
authorized but unissued shares of the Company’s capital stock shall not be sufficient to permit exercise in full of the Warrants, the Company will promptly take such corporate action as may, in the opinion of its counsel, be reasonably
necessary (including seeking stockholder approval, if required) to increase its authorized but unissued shares to such number of shares as shall be sufficient for such purposes. The Company agrees that its issuance of Warrants shall constitute full
authority to its officers who are charged with the issuance of Warrant Exercise Shares to issue Warrant Exercise Shares upon the exercise of Warrants. Without limiting the generality of the foregoing, the Company will not increase the stated or par
value per share, if any, of the Common Stock above the Exercise Price per share in effect immediately prior to such increase in stated or par value. 

(c) The Company represents and warrants to the Holders that the issuance of the Warrants and the issuance of shares of Common Stock upon
exercise thereof in accordance with the terms hereof will not constitute a breach of, or a default under, its governing documents and any other material agreements to which the Company is a party on the date hereof. 

Section 4.6 Fractional Shares. Notwithstanding any provision to the contrary contained in this Agreement, the Company shall not be
required to issue any fraction of a share of its capital stock in connection with the exercise of any Warrants, and in any case where a Registered Holder of Warrants would, except for the provisions of this Section 4.6, be entitled under the
terms thereof to receive a fraction of a share upon the exercise of such Warrants, the 

 
Company shall, upon the exercise of such Warrants, issue or cause to be issued only the largest whole number of Warrant Exercise Shares issuable upon such exercise (and such fraction of a share
will be disregarded, and the Holder shall not have any rights or be entitled to any payment with respect to such fraction of a share); provided that the number of whole Warrant Exercise Shares which shall be issuable upon the contemporaneous
exercise of any Warrants shall be computed on the basis of the aggregate number of Warrant Exercise Shares issuable upon exercise of all such Warrants. 

Section 4.7 Close of Books; Par Value. The Company shall not close its books against the Transfer of any Warrants or any
Warrant Exercise Shares in any manner which interferes with the timely exercise of such Warrants. Without limiting Section 4.5(b), the Company shall use commercially reasonable efforts to, from time to time, take all such actions as may
be necessary to assure that the par value per share of the unissued shares of Common Stock acquirable upon exercise of the Warrants is at all times equal to or less than the Exercise Price then in effect. 

Section 4.8 Payment of Taxes. In connection with the exercise of any Warrants, the Company shall not be required to pay any tax or
other charge imposed in respect of any transfer involved in the Company’s issuance and delivery of shares of Common Stock (including certificates therefor) (or any payment of cash or other property in lieu of such shares) to any recipient other
than the Holder of the Warrants being exercised, and in case of any such tax or other charge, the Warrant Agent and the Company shall not be required to issue or deliver any such shares (or cash or other property in lieu of such shares) until (x)
such tax or charge has been paid or an amount sufficient for the payment thereof has been delivered to the Warrant Agent or the Company or (y) it has been established to the Company’s and the Warrant Agent’s satisfaction that any such tax
or other charge that is or may become due has been paid. For the avoidance of doubt, the Warrant Agent shall not have any duty or obligation to take any action under any section of this Agreement that requires the payment of taxes or charges, unless
and until the Warrant Agent is satisfied that all such taxes and/or charges have been paid. 
 ARTICLE V 

ADJUSTMENT OF EXERCISE PRICE AND NUMBER OF 

WARRANT EXERCISE SHARES 

In order to prevent dilution of the purchase rights granted under the Warrants, the number of Warrant Exercise Shares issuable upon exercise
of each Warrant shall be subject to adjustment from time to time as provided in this Article V (in each case, after taking into consideration any prior adjustments pursuant to this Article V).

Section 5.1 Adjustment to Number of Warrant Exercise Shares Upon Issuance of Common Stock. Except as provided in
Section 5.2, and except in the case of an event described in either Section 5.4 or Section 5.5, if the Company shall, at any time or from time to time after the Effective Date, issue or sell, or in accordance with
Section 5.3 is deemed to have issued or sold, any shares of Common Stock without consideration or for consideration per share less than the Fair Market Value of each such share of Common Stock, then immediately upon such issuance or sale (or
deemed issuance or sale), the number of Warrant Exercise Shares issuable 

 
upon exercise of the Warrants immediately prior to any such issuance or sale (or deemed issuance or sale) shall be increased to a number of Warrant Exercise Shares equal to the product obtained
by multiplying the number of Warrant Exercise Shares issuable upon exercise of the Warrants immediately prior to such issuance or sale (or deemed issuance or sale) by a fraction (which shall in no event be less than one), (i) the numerator of which
shall be the number of shares of Common Stock Deemed Outstanding immediately after such issuance or sale (or deemed issuance or sale) and (ii) the denominator of which shall be the sum of (A) the number of shares of Common Stock Deemed Outstanding
immediately prior to such issuance or sale (or deemed issuance or sale) plus (B) the aggregate number of shares of Common Stock which the aggregate amount of consideration, if any, received by the Company upon such issuance or sale (or deemed
issuance or sale) would purchase at the Fair Market Value of each such share of Common Stock. 
 Section 5.2 Exceptions To Adjustment
Upon Issuance of Common Stock. Anything herein to the contrary notwithstanding, there shall be no adjustment to the number of Warrant Exercise Shares issuable upon exercise of the Warrants with respect to any Excluded Issuance. 

Section 5.3 Effect of Certain Events on Adjustment to Number of Warrant Exercise Shares. For purposes of determining the adjusted
number of Warrant Exercise Shares under Section 5.1, the following shall be applicable: 
 (a) Issuance of Options. If the
Company shall, at any time or from time to time after the Effective Date, in any manner grant or sell (whether directly, through a subsidiary of the Company or by assumption in a merger or otherwise) any Options, whether or not such Options or the
right to convert or exchange any Convertible Securities issuable upon the exercise of such Options are immediately exercisable, and the price per share (determined as provided in this paragraph and in Section 5.3(e)) for which Common Stock is
issuable upon the exercise of such Options or upon the conversion or exchange of Convertible Securities issuable upon the exercise of such Options is less than the Fair Market Value of a share of Common Stock immediately prior to the time of the
granting or sale of such Options, then the total maximum number of shares of Common Stock issuable upon the exercise of such Options or upon conversion or exchange of the total maximum amount of Convertible Securities issuable upon the exercise of
such Options shall be deemed to have been issued as of the date of granting or sale of such Options (and thereafter shall be deemed to be outstanding for purposes of adjusting the number of Warrant Exercise Shares under Section 5.1), at a
price per share equal to the quotient obtained by dividing (A) the sum (which sum shall constitute the applicable consideration received for purposes of Section 5.1) of (x) the total amount, if any, received or receivable by the Company as
consideration for the granting or sale of all such Options, plus (y) the minimum aggregate amount of additional consideration payable to the Company upon the exercise of all such Options, plus (z), in the case of such Options which relate to
Convertible Securities, the minimum aggregate amount of additional consideration, if any, payable to the Company upon the issuance or sale of all such Convertible Securities and the conversion or exchange of all such Convertible Securities, by (B)
the total maximum number of shares of Common Stock issuable upon the exercise of all such Options or upon the conversion or exchange of all Convertible Securities issuable upon the exercise of all such Options. Except as otherwise provided in
Section 5.3(c), no further adjustment of the number of Warrant Exercise Shares shall be made upon the actual issuance of Common Stock or of Convertible Securities upon exercise of such Options or upon the actual issuance of Common Stock upon
conversion or exchange of Convertible Securities issuable upon exercise of such Options. 

 (b) Issuance of Convertible Securities. If the Company shall, at any time or from time to
time after the Effective Date, in any manner grant or sell (whether directly, through a subsidiary of the Company or by assumption in a merger or otherwise) any Convertible Securities, whether or not the right to convert or exchange any such
Convertible Securities is immediately exercisable, and the price per share (determined as provided in this paragraph and in Section 5.3(e)) for which Common Stock is issuable upon the conversion or exchange of such Convertible Securities is
less than the Fair Market Value of a share of Common Stock immediately prior to the time of the granting or sale of such Convertible Securities, then the total maximum number of shares of Common Stock issuable upon conversion or exchange of the
total maximum amount of such Convertible Securities shall be deemed to have been issued as of the date of granting or sale of such Convertible Securities (and thereafter shall be deemed to be outstanding for purposes of adjusting the number of
Warrant Exercise Shares pursuant to Section 5.1), at a price per share equal to the quotient obtained by dividing (A) the sum (which sum shall constitute the applicable consideration received for purposes of Section 5.1) of (x) the
total amount, if any, received or receivable by the Company as consideration for the granting or sale of such Convertible Securities, plus (y) the minimum aggregate amount of additional consideration, if any, payable to the Company upon the
conversion or exchange of all such Convertible Securities, by (B) the total maximum number of shares of Common Stock issuable upon the conversion or exchange of all such Convertible Securities. Except as otherwise provided in Section 5.3(c),
(A) no further adjustment of the number of Warrant Exercise Shares shall be made upon the actual issuance of Common Stock upon conversion or exchange of such Convertible Securities and (B) no further adjustment of the number of Warrant Exercise
Shares shall be made by reason of the issue or sale of Convertible Securities upon exercise of any Options to purchase any such Convertible Securities for which adjustments of the number of Warrant Exercise Shares have been made pursuant to the
other provisions of this Section 5.3. 
 (c) Change in Terms of Options or Convertible Securities. Upon any change in any of
(A) the total amount received or receivable by the Company as consideration for the granting or sale of any Options or Convertible Securities referred to in Section 5.3(a) or Section 5.3(b), (B) the minimum aggregate amount of
additional consideration, if any, payable to the Company upon the exercise of any Options or upon the issuance, conversion or exchange of any Convertible Securities referred to in Section 5.3(a) or Section 5.3(b), (C) the rate at which
Convertible Securities referred to in Section 5.3(a) or Section 5.3(b) are convertible into or exchangeable for Common Stock, or (D) the maximum number of shares of Common Stock issuable in connection with any Options referred to in
Section 5.3(a) or any Convertible Securities referred to in Section 5.3(b) (in each case, other than in connection with an Excluded Issuance), then (whether or not the original issuance or sale of such Options or Convertible Securities
resulted in an adjustment to the number of Warrant Exercise Shares pursuant to this Article V) the number of Warrant Exercise Shares issuable upon exercise of the Warrants at the time of such change shall be adjusted or readjusted, as
applicable, to the number of Warrant Exercise Shares which would have been in effect at such time pursuant to the provisions of this Article V had such Options or Convertible Securities still outstanding provided for such changed
consideration, conversion rate or maximum number of shares, as the case may be, at the time initially granted, issued or sold, but only if as a result of such adjustment or readjustment, the number of Warrant Exercise Shares issuable upon exercise
of the Warrants is increased. 

 (d) Treatment of Expired or Terminated Options or Convertible Securities. Upon the
expiration or termination of any unexercised Option (or portion thereof) or any unconverted or unexchanged Convertible Security (or portion thereof) for which any adjustment (either upon its original issuance or upon a revision of its terms) was
made pursuant to this Article V (including without limitation upon the redemption or purchase for consideration of all or any portion of such Option or Convertible Security by the Company), the number of Warrant Exercise Shares then issuable
upon exercise of the Warrants shall forthwith be changed pursuant to the provisions of this Article V to the number of Warrant Exercise Shares which would have been in effect at the time of such expiration or termination had such unexercised
Option (or portion thereof) or unconverted or unexchanged Convertible Security (or portion thereof), to the extent outstanding immediately prior to such expiration or termination, never been issued. 

(e) Calculation of Consideration Received. If the Company shall, at any time or from time to time after the Effective Date, issue or
sell, or is deemed to have issued or sold in accordance with this Section 5.3 any shares of Common Stock, Options or Convertible Securities: (i) for cash, the consideration received therefor shall be deemed to be the net amount received by
the Company therefor; (ii) for consideration other than cash, the amount of the consideration other than cash received by the Company shall be the fair value of such consideration, except where such consideration consists of marketable securities,
in which case the amount of consideration received by the Company shall be the market price (as reflected on any securities exchange, quotation system or association or similar pricing system covering such security) for such securities as of the end
of business on the date of receipt of such securities; (iii) for no specifically allocated consideration in connection with an issuance or sale of other securities of the Company, together comprising one integrated transaction, the amount of the
consideration therefor shall be deemed to be the fair value of such portion of the aggregate consideration received by the Company in such transaction as is attributable to such shares of Common Stock, Options or Convertible Securities, as the case
may be, issued in such transaction; or (iv) to the owners of the non-surviving entity in connection with any merger in which the Company is the surviving corporation, the amount of consideration therefor shall be deemed to be the fair value of such
portion of the net assets and business of the non-surviving entity as is attributable to such shares of Common Stock, Options or Convertible Securities, as the case may be, issued to such owners. The net amount of any cash consideration and the fair
value of any consideration other than cash or marketable securities shall be determined in good faith the Board of Directors, whose determination shall be described in a resolution. 

(f) Record Date. For purposes of any adjustment to the number of Warrant Exercise Shares in accordance with this Article V,
in case the Company shall take a record of the holders of its Common Stock for the purpose of entitling them (i) to receive a dividend or other distribution payable in Common Stock, Options or Convertible Securities or (ii) to subscribe for or
purchase Common Stock, Options or Convertible Securities, then such record date shall be deemed to be the date of the issue or sale of the shares of Common Stock deemed to have been issued or sold upon the declaration of such dividend or the making
of such other distribution or the date of the granting of such right of subscription or purchase, as the case may be. 

 (g) Treasury Shares. The number of shares of Common Stock outstanding at any given time
shall not include shares owned or held by or for the account of the Company or any of its wholly-owned subsidiaries, and the disposition of any such shares (other than the cancellation or retirement thereof or the transfer of such shares among the
Company and its wholly-owned subsidiaries) shall be considered an issue or sale of Common Stock for the purpose of this Article V. 

Section 5.4 Adjustment to Number of Warrant Exercise Shares Upon Dividend, Subdivision or Combination of Common Stock. If the
Company shall, at any time or from time to time after the Effective Date, (i) pay a dividend or make any other distribution upon the Common Stock or any other capital stock of the Company payable in shares of Common Stock or in Options or
Convertible Securities, or (ii) subdivide (by any stock split, recapitalization or otherwise) its outstanding shares of Common Stock into a greater number of shares, the number of Warrant Exercise Shares issuable upon exercise of the Warrants
immediately prior to any such dividend, distribution or subdivision shall be proportionately increased. If the Company at any time combines (by combination, reverse stock split or otherwise) its outstanding shares of Common Stock into a smaller
number of shares, the number of Warrant Exercise Shares issuable upon exercise of the Warrants immediately prior to such combination shall be proportionately decreased. Any adjustment under this Section 5.4 shall become effective at the close
of business on the date the dividend, subdivision or combination becomes effective. 
 Section 5.5 Adjustment to Number of Warrant
Exercise Shares Upon Reorganization, Reclassification, Consolidation or Merger. In the event of any (i) capital reorganization of the Company, (ii) reclassification of the stock of the Company (other than a change in par value or from par value
to no par value or from no par value to par value or as a result of a stock dividend or subdivision, split-up or combination of shares), (iii) consolidation or merger of the Company with or into another Person, (iv) sale of all or substantially all
of the Company’s assets to another Person or (v) other similar transaction (other than any such transaction covered by Section 5.4), in each case which entitles the holders of Common Stock to receive (either directly or upon subsequent
liquidation) stock, securities or assets with respect to or in exchange for Common Stock, the Warrants shall, immediately after such reorganization, reclassification, consolidation, merger, sale or similar transaction, remain outstanding and shall
thereafter, in lieu of or in addition to (as the case may be) the number of Warrant Exercise Shares then exercisable under the Warrants, be exercisable for the kind and number of shares of stock or other securities or assets of the Company or of the
successor Person resulting from such transaction to which the Holders would have been entitled upon such reorganization, reclassification, consolidation, merger, sale or similar transaction if the Holders had exercised the Warrants in full
immediately prior to the time of such reorganization, reclassification, consolidation, merger, sale or similar transaction and acquired the applicable number of Warrant Exercise Shares then issuable upon exercise of the Warrants as a result of such
exercise (without taking into account any limitations or restrictions on the exercisability of the Warrants); and, in such case, appropriate adjustment (in form and substance satisfactory to the Holders) shall be made with respect to the
Holders’ rights under the Warrants to insure that the provisions of this Article V shall thereafter be applicable, as nearly as possible, to the Warrants in relation to any shares of stock, securities or assets thereafter acquirable upon
exercise of the Warrants. The provisions of this Section 5.5 shall similarly apply to successive reorganizations, reclassifications, consolidations, mergers, sales or similar transactions. The Company shall not effect any such reorganization,

 
reclassification, consolidation, merger, sale or similar transaction unless, prior to the consummation thereof, the successor Person (if other than the Company) resulting from such
reorganization, reclassification, consolidation, merger, sale or similar transaction, shall assume, by written instrument substantially similar in form and substance to this Agreement and satisfactory to the Holders, the obligation to deliver to the
Holders such shares of stock, securities or assets which, in accordance with the foregoing provisions, such Holders shall be entitled to receive upon exercise of the Warrants. Notwithstanding anything to the contrary contained herein, with respect
to any corporate event or other transaction contemplated by the provisions of this Section 5.5, the Holders shall have the right to elect prior to the consummation of such event or transaction, to give effect to the exercise rights contained
in Section 4.2 instead of giving effect to the provisions contained in this Section 5.5 with respect to the Warrants. 

Section 5.6 Other Dividends and Distributions. If the Company shall, at any time or from time to time after the Effective Date,
make or declare, or fix a record date for the determination of holders of Common Stock entitled to receive, a dividend or any other distribution payable in securities of the Company (other than a dividend or distribution of shares of Common Stock,
Options or Convertible Securities in respect of outstanding shares of Common Stock), cash or other property, then, and in each such event, provision shall be made so that each Holder shall receive upon exercise of the Warrants held by such Holder,
in addition to the number of Warrant Exercise Shares receivable thereupon, the kind and amount of securities of the Company, cash or other property which such Holder would have been entitled to receive had the Warrants held by such Holder been
exercised in full into Warrant Exercise Shares on the date of such event and had such Holder thereafter, during the period from the date of such event to and including the Exercise Date, retained such securities, cash or other property receivable by
them as aforesaid during such period, giving application to all adjustments called for during such period under this Article V with respect to the rights of such Holder; provided, that no such provision shall be made if the Holders
receive, simultaneously with the distribution to the holders of Common Stock, a dividend or other distribution of such securities, cash or other property in an amount equal to the amount of such securities, cash or other property as the Holders
would have received if the Warrants had been exercised in full into Warrant Exercise Shares on the date of such event. 
 Section 5.7
Certain Events. If any event of the type contemplated by the provisions of this Article V but not expressly provided for by such provisions (including, without limitation, the granting of stock appreciation rights, phantom stock
rights or other rights with equity features) occurs, then the Board of Directors shall make an appropriate adjustment in the number of Warrant Exercise Shares issuable upon exercise of the Warrants so as to protect the rights of the Holders in a
manner consistent with the provisions of this Article V; provided, that no such adjustment pursuant to this Section 5.7 shall decrease the number of Warrant Exercise Shares issuable as otherwise determined pursuant to this
Article V. 
 Section 5.8 Notices. Whenever the number and/or kind of Warrant Exercise Shares is adjusted as herein
provided, the Company shall (i) prepare and deliver, or cause to be prepared and delivered, forthwith to the Warrant Agent a written statement setting forth the adjusted number and/or kind of shares issuable upon the exercise of Warrants after such
adjustment, the facts requiring such adjustment and the computation by which adjustment was made, and (ii) cause the Warrant Agent to give written notice to each Registered Holder in the manner provided

 
in Section 9.2 below, of the record date or the effective date of the event. Failure to give such notice, or any defect therein, shall not affect the legality or validity of such
event. The Warrant Agent shall be fully protected in relying upon any such written notice delivered in accordance with this Section 5.8, and on any adjustment therein contained, and shall not be deemed to have knowledge of any such
adjustment unless and until it shall have received such written notice. Notwithstanding anything to the contrary contained herein, the Warrant Agent shall have no duty or obligation to investigate or confirm whether the information contained in
any such written notice complies with the terms of this Agreement or any other document, including the Warrant Certificates. The Warrant Agent shall have no duty to determine when an adjustment under this Article V should be made, how
any such adjustment should be calculated, or the amount of any such adjustment. 
 Section 5.9 Form of Warrant After
Adjustments. The form of the Warrant Certificate need not be changed because of any adjustments in the number and/or kind of shares issuable upon exercise of the Warrants, and Warrant Certificates theretofore or thereafter issued may
continue to express the same number and kind of shares as are stated therein, as initially issued. The Company, however, may at any time in its sole discretion make any change in the form of Warrant Certificate that it may deem appropriate to
give effect to such adjustments and that does not affect the substance of the Warrant Certificate (including the rights, duties, liabilities or obligations of the Warrant Agent), and any Warrant Certificate thereafter issued, whether in exchange or
substitution for an outstanding Warrant Certificate, may be in the form so changed. 
 Section 5.10 Deferral or Exclusion of Certain
Adjustments No adjustment to the number of Warrant Exercise Shares shall be required hereunder unless such adjustment together with other adjustments carried forward as provided below, would result in an increase or decrease of at least one
percent (1%) of the number of Warrant Exercise Shares; provided that any adjustments which by reason of this Section 5.10 are not required to be made shall be carried forward and taken into account in any subsequent adjustment. Subject
to Section 4.5(b), no adjustment need be made for a change in the par value of the shares of Common Stock. All calculations under this Section 5.10 shall be made to the nearest one one-thousandth (1/1,000) of a share. 

ARTICLE VI 
 TRANSFER
AND EXCHANGE 
 OF WARRANTS 

Section 6.1 Registration of Transfers and Exchanges.

(a) Transfer and Exchange of Book-Entry Warrants. The Transfer (as defined below) and exchange of Book-Entry Warrants shall be effected
through the Depositary and its direct and indirect participants, in accordance with the practices and procedures therefor of the Depositary and such participants. As used herein, “Transfer” means any transfer, sale, assignment or
other disposition of the Warrants. 

 (b) Exchange of Book-Entry Warrants for Certificated Warrants or Direct Registration
Warrants. If at any time: 
 (i) the Depositary for the Global Warrant Certificates notifies the Company that the
Depositary is unwilling or unable to continue as Depositary for the Global Warrant Certificates and a successor Depositary for the Global Warrant Certificates is not appointed by the Company within 90 days after delivery of such notice; or 

(ii) the Company, in its sole discretion, notifies the Warrant Agent in writing that it elects to exclusively cause the
issuance of Certificated Warrants or Direct Registration Warrants under this Agreement, then upon written instructions signed by an Appropriate Officer of the Company, the Warrant Agent shall register and issue Certificated Warrants, or shall
register Direct Registration Warrants, in an aggregate number equal to the number of Book-Entry Warrants represented by the Global Warrant Certificates, in accordance with such written instructions. Such written instructions provided by the Company
shall state that the Certificated Warrants or Direct Registration Warrants issued in exchange for Book-Entry Warrants pursuant to this Section 6.1(a) shall be registered in such names and in such amounts as the Depositary, pursuant to
instructions from its direct or indirect participants or otherwise, shall instruct the Warrant Agent. 
 (c) Transfer and Exchange of
Certificated Warrants or Direct Registration Warrants. When Certificated Warrants or Direct Registration Warrants are presented to the Warrant Agent with a written request: 

(i) to register the Transfer of such Certificated Warrants or Direct Registration Warrants; or 

(ii) to exchange such Certificated Warrants or Direct Registration Warrants for an equal number of Certificated Warrants or
Direct Registration Warrants, respectively, of other authorized denominations, 
 the Warrant Agent shall register the Transfer or make the
exchange, and in the case of Certificated Warrants shall issue such new Warrant Certificates, as requested if its customary requirements for such transactions are met, provided, that (A) the Warrant Agent shall have received (x) a written
instruction of Transfer in form satisfactory to the Warrant Agent, duly executed by the Registered Holder thereof or by his attorney, duly authorized in writing, (y) a written order of the Company signed by an Appropriate Officer authorizing such
exchange and (z) in the case of Certificated Warrants, surrender of the Warrant Certificate or Warrant Certificates representing same duly endorsed for Transfer or exchange. 

(d) Exchange of Certificated Warrants or Direct Registration Warrants for Book-Entry Warrants. Certificated Warrants or Direct
Registration Warrants that are not subject to any Warrant Restrictions or subject to the restrictions set forth in Section 6.4, may be exchanged for Book-Entry Warrants upon satisfaction of the requirements set forth below. Upon receipt by
the Warrant Agent of appropriate written instruments of transfer with respect to such Certificated Warrants or Direct Registration Warrants, in form satisfactory to the Warrant Agent, and in the case of Certificated Warrants, surrender of the
Warrant Certificate or Certificate(s) 

 
representing same duly endorsed for Transfer or exchange, together with written instructions directing the Warrant Agent to make, or to direct the Depositary to make, an endorsement on the Global
Warrant Certificate to reflect an increase in the number of Warrants represented by the Global Warrant Certificate equal to the number of Warrants represented by such Certificated Warrants or Direct Registration Warrants, then the Warrant Agent
shall cancel such Certificated Warrants or Direct Registration Warrants on the Warrant Register and cause, or direct the Depositary to cause, in accordance with the standing instructions and procedures existing between the Depositary and the Warrant
Agent, the number of Book-Entry Warrants represented by the Global Warrant Certificate to be increased accordingly. If no Global Warrant Certificates are then outstanding, or if the Global Warrant Certificates then outstanding cannot be used for
such purposes, the Company shall issue and the Warrant Agent shall countersign, by either manual or facsimile signature, a new Global Warrant Certificate representing the appropriate number of Book-Entry Warrants. Any exchange pursuant to this
Section 6.1(d) shall be subject to the Company’s prior written approval. 
 (e) Restrictions on Transfer and Exchange of
Global Warrant Certificates. Notwithstanding any other provisions of this Agreement (other than the provisions set forth in Section 6.1(f)), unless and until it is exchanged in whole for Certificated Warrants or Direct Registration
Warrants, a Global Warrant Certificate may not be transferred as a whole except by the Depositary to a nominee of the Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary or by the Depositary or any
such nominee to a successor Depositary or a nominee of such successor Depositary. 
 (f) Restrictions on Transfer. No Warrants or
Warrant Exercise Shares shall be sold, exchanged or otherwise transferred in violation of the Securities Act or state securities Laws or the Company’s articles of incorporation. 

(g) Exchange of Global Warrant Certificate. A Global Warrant Certificate may be exchanged for another Global Warrant Certificate of
like or similar tenor for purposes of complying with the practices and procedures of the Depositary. 
 (h) Cancellation of Global
Warrant Certificate. At such time as all beneficial interests in a Global Warrant Certificates have either been exchanged for Certificated Warrants or Direct Registration Warrants, redeemed, repurchased or cancelled, the Global Warrant
Certificate shall be returned to, or retained and cancelled pursuant to applicable Law by, the Warrant Agent, upon written instructions from the Company satisfactory to the Warrant Agent. 

Section 6.2 Obligations with Respect to Transfers and Exchanges of Warrants. 

(a) All Certificated Warrants or Direct Registration Warrants issued upon any registration of Transfer or exchange of Certificated Warrants or
Direct Registration Warrants, respectively, shall be the valid obligations of the Company, entitled to the same benefits under this Agreement as the Certificated Warrants or Direct Registration Warrants surrendered upon such registration of Transfer
or exchange. No service charge shall be made to a Registered Holder for any registration, Transfer or exchange of any Certificated Warrants or Direct Registration Warrants, but the Company or the Warrant Agent may require payment of a sum sufficient
to cover any stamp or other tax or other charge that may be imposed on the Registered 

 
Holder in connection with any such exchange or registration of Transfer. The Warrant Agent shall forward any such sum collected by it to the Company or to such persons as the Company shall
specify by written notice. The Warrant Agent shall have no obligation to effect an exchange or register a Transfer unless and until it is satisfied that all such taxes and/or charges have been paid. 

(b) So long as the Depositary, or its nominee, is the registered owner of a Global Warrant Certificate, the Depositary or such nominee, as the
case may be, shall be considered by the Company, the Warrant Agent, and any agent of the Company or the Warrant Agent as the sole owner or holder of the Warrants represented by such Global Warrant Certificate for all purposes under this Agreement.
Neither the Company nor the Warrant Agent, in its capacity as registrar for such Warrants, will have any responsibility or liability for any aspect of the records relating to beneficial interests in a Global Warrant Certificate or for maintaining,
supervising or reviewing any records relating to such beneficial interests. Notwithstanding the foregoing, nothing herein shall prevent the Company, the Warrant Agent, or any agent of the Company or the Warrant Agent from giving effect to any
written certification, proxy, or other authorization furnished by the Depositary or impair the operation of customary practices of the Depositary governing the exercise of the rights of a holder of a beneficial interest in a Global Warrant
Certificate. 
 (c) Subject to Section 6.1(c) and this Section 6.2, the Warrant Agent shall, 

(i) in the case of Certificated Warrants, upon receipt of all information required to be delivered hereunder, from time to time
register the Transfer of any outstanding Certificated Warrants in the Warrant Register, upon delivery by the Registered Holder thereof, at the Warrant Agent’s office designated for such purpose, of the Warrant Certificate representing such
Certificated Warrants, properly completed and duly endorsed for Transfer, by the Registered Holder thereof or by the duly appointed legal representative thereof or by a duly authorized attorney, and upon any such registration of Transfer, a new
Warrant Certificate shall be issued to the transferee. 
 (ii) in the case of Direct Registration Warrants, upon receipt of
all information required to be delivered hereunder, from time to time register the Transfer of any outstanding Direct Registration Warrants in the Warrant Register, upon delivery by the Registered Holder thereof, at the Warrant Agent’s office
designated for such purpose, of a form of assignment substantially in the form of Exhibit D hereto, properly completed and duly executed by the Registered Holder thereof or by the duly appointed legal representative thereof or by a duly
authorized attorney, and upon any such registration of Transfer, new Direct Registration Warrants shall be issued to the transferee. 

Section 6.3 Fractional Warrants. The Warrant Agent shall not effect any registration of Transfer or exchange which will result in the
issuance of a fraction of a Warrant. 
 Section 6.4 Restricted Warrants; Legends. Notwithstanding anything contained in this
Agreement, the Company will cause any Warrants that are distributed or issued hereunder to be issued as Certificated Warrants represented by Warrant Certificates bearing a legend in 

 
substantially the following form, or as Direct Registration Warrants with a notation to a similar effect on the Warrant Register:

THE WARRANTS REPRESENTED BY THIS CERTIFICATE WERE ISSUED IN RELIANCE UPON AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT
OF 1933, AS AMENDED (THE “SECURITIES ACT”) AND HAVE NOT BEEN REGISTERED PURSUANT TO THE SECURITIES ACT OR OTHER APPLICABLE SECURITIES LAWS. THESE WARRANTS (AND THE SHARES OF COMMON STOCK ISSUABLE UPON EXERCISE THEREOF) MAY NOT
BE TRANSFERRED, SOLD, ASSIGNED, OR OTHERWISE DISPOSED EXCEPT (A) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS, OR (B) PURSUANT TO AN EXEMPTION FROM REGISTRATION THEREUNDER. 

The Warrant Exercise Shares issued upon exercise of any such Warrants shall be issued in the form of registered stock certificates bearing a legend indicating
that transfer may be restricted under United States federal and state securities laws, or in the form of an electronic entry on the stock register maintained by the transfer agent for the Common Stock with a notation to a similar effect. 

The Holder (or its transferee, as applicable) of any such Warrants or Warrant Exercise Shares, as applicable, shall be entitled to receive
from the Company, without expense, new securities of like tenor not bearing the restrictive legend set forth above when (a) all such Warrants or Warrant Exercise Shares, as applicable, shall have been (i) effectively registered under the Securities
Act and disposed of in accordance with a registration statement covering such securities or (ii) disposed of pursuant to the provisions of Rule 144 or any comparable rule under the Securities Act or (b) when, in the written reasonable opinion of
independent counsel for such Holder (which counsel shall be experienced in Securities Act matters and which counsel and opinion shall be reasonably satisfactory to the Company), such restrictions are no longer required in order to insure compliance
with the Securities Act (including, without limitation, when all such Warrants or Warrant Exercise Shares, as applicable, could be sold in a single transaction pursuant to Rule 144 without restriction as to volume or manner of sale).

ARTICLE VII 
 OTHER
PROVISIONS RELATING TO RIGHTS OF HOLDERS OF WARRANTS 
 Section 7.1 No Rights or Liability as Stockholder. Nothing contained
in the Warrants shall be construed as conferring upon the Holder or his, her or its transferees the right to vote or to receive dividends or to consent or to receive notice as a stockholder in respect of any meeting of stockholders for the election
of directors of the Company or of any other matter, or any rights whatsoever as stockholders of the Company. The vote or consent of any Holder shall not be required with respect to any action or proceeding of the Company and no Holder shall
have any right not expressly conferred hereunder or under, or by applicable Law with respect to, the Warrants or any Warrant Certificates held by such Holder. Except as otherwise provided herein, no Holder, by reason of the ownership or possession
of a Warrant or Warrant Certificate, shall 

 
have any right to receive any cash dividends, stock dividends, allotments or rights or other distributions paid, allotted or distributed or distributable to the holders of Common Stock prior to,
or for which the relevant record date preceded, the date of the exercise of such Warrant. No provision thereof and no mere enumeration therein of the rights or privileges of the Holder shall give rise to any liability of such Holder for the Exercise
Price hereunder or as a stockholder of the Company, whether such liability is asserted by the Company or by creditors of the Company. 

Section 7.2 Notice to Registered Holders. The Company shall give notice to Registered Holders by regular mail, and prompt written
notice thereof to the Warrant Agent, if at any time prior to the expiration or exercise in full of the Warrants, any of the following events shall occur: 

(a) the payment of any dividend payable in any securities upon shares of Common Stock or the making of any distribution (other than a regular
quarterly cash dividend) to all holders of Common Stock; 
 (b) the issuance to all holders of Common Stock of any additional shares of
Common Stock or of rights, options or warrants to subscribe for or purchase Common Stock or of any other subscription rights, options or warrants; 

(c) the issuance of any Additional Common Stock, Options or Convertible Securities that would result in an adjustment to the number of Warrant
Exercise Shares issuable upon exercise of the Warrants pursuant to Article V; 
 (d) a capital reorganization of the Company,
reclassification of the Common Stock of the Company, consolidation or merger of the Company with or into another Person, or sale of all or substantially all of the Company’s assets to another Person; 

(e) a dissolution, liquidation or winding up of the Company; or 

(f) the occurrence of any other event that would result in an adjustment to the number of Warrant Exercise Shares issuable upon exercise of
the Warrants under Article V. 
 Such giving of notice shall be initiated at least ten (10) days prior to the date fixed as the
record date or the date of closing of the Company’s stock transfer books for the determination of the stockholders entitled to such dividend, distribution or subscription rights, or of the stockholders entitled to vote on such capital
reorganization, reclassification, consolidation, merger, sale, dissolution, liquidation or winding up or the proposed effective date of a capital reorganization, reclassification, consolidation, merger, sale, issuance of Additional Common Stock,
Options or Convertible Securities or any other event that would result in an adjustment to the number of Warrant Exercise Shares issuable upon exercise of the Warrants under Article V. Such notice shall specify such record date or the
date of closing the stock transfer books or proposed effective date, as the case may be. Failure to provide such notice shall not affect the validity of any action taken. For the avoidance of doubt, no such notice (or failure to provide it to any
Holder) shall supersede or limit any adjustment called for by Article V by reason of any event as to which notice is required by this Section 7.2. 

 Section 7.3 Lost, Stolen, Mutilated or Destroyed Warrant Certificates. If any Warrant
Certificate is lost, stolen, mutilated or destroyed, the Company may issue, and upon written request by the Company, the Warrant Agent shall countersign, either by manual or facsimile signature, and deliver, in exchange and substitution for and upon
cancellation of the mutilated Warrant Certificate, or in lieu of and substitution for the Warrant Certificate lost, stolen or destroyed, a new Warrant Certificate of like tenor in accordance with written instructions from the Company and subject to
the terms of this Section 7.3. In the case of Warrant Certificates other than Global Warrant Certificates, the Company or the Warrant Agent may in its discretion require evidence reasonably satisfactory to it of the loss, theft or
destruction of such Warrant Certificate, and an open penalty surety bond satisfactory to it and holding it and the Company harmless and absent notice to the Warrant Agent that such replacement certificates have been acquired by a bona fide
purchaser. Applicants for such substitute Warrant Certificates shall also comply with such other regulations and pay such other charges as the Company or the Warrant Agent may require. 

Section 7.4 Cancellation of Warrants. If the Company shall purchase or otherwise acquire Warrants, such Warrants shall be
cancelled and retired, in the case of Certificated Warrants or Direct Registration Warrants, by appropriate notation on the Warrant Register, and, in the case of Book-Entry Warrants, in accordance with the practices and procedures of the Depositary,
including if required by such practices and procedures by appropriate notation on the applicable Global Warrant Certificate.
 ARTICLE
VIII 
 CONCERNING THE WARRANT AGENT AND OTHER MATTERS 

Section 8.1 Resignation, Removal, Consolidation or Merger of Warrant Agent. 

(a) Appointment of Successor Warrant Agent. The Warrant Agent, or any successor to it hereafter appointed, may resign its duties and be
discharged from all further duties and liabilities hereunder after giving sixty (60) days’ notice in writing to the Company. In the event of any such resignation of the Warrant Agent or successor thereto, the Company shall promptly give notice
of such resignation to Registered Holders by regular mail. If the office of the Warrant Agent becomes vacant by resignation or incapacity to act or otherwise, the Company shall appoint in writing a successor Warrant Agent in place of the Warrant
Agent. If the Company shall fail to make such appointment within a period of sixty (60) days after it has been notified in writing of such resignation or incapacity by the Warrant Agent or by the Registered Holder of a Warrant, then the Registered
Holder of any Warrant may apply to the Supreme Court of the State of New York for the County of New York for the appointment of a successor Warrant Agent at the Company’s cost. The Company may, at any time and for any reason at no cost to the
Holders, remove the Warrant Agent and appoint a successor Warrant Agent by written instrument signed by the Company and specifying such removal and the date when it is intended to become effective, one copy of which shall be delivered to the Warrant
Agent being removed and one copy to the successor Warrant Agent. Any successor Warrant Agent, whether appointed by the Company or by such court, shall be a Person organized and existing under the Laws of the United States of America, or any state
thereunder, in good standing. After appointment, any successor Warrant Agent shall be vested with all the authority, powers, rights, immunities, duties 

 
and obligations of its predecessor Warrant Agent with like effect as if originally named as Warrant Agent hereunder, without any further act or deed; but if for any reason it becomes necessary or
appropriate, the predecessor Warrant Agent shall execute and deliver, at the expense of the Company, an instrument transferring to such successor Warrant Agent all the authority, powers, rights, immunities, duties and obligations of such predecessor
Warrant Agent hereunder; and upon request of any successor Warrant Agent, the Company shall make, execute, acknowledge and deliver any and all instruments in writing for more fully and effectually vesting in and confirming to such successor Warrant
Agent all such authority, powers, rights, immunities, duties and obligations. 
 (b) Notice of Successor Warrant Agent. In the event
a successor Warrant Agent shall be appointed, the Company shall (i) give notice thereof to the predecessor Warrant Agent and the transfer agent for the Common Stock not later than the effective date of any such appointment, and (ii) cause written
notice thereof to be delivered to each Registered Holder at such Holder’s address appearing on the Warrant Register. Failure to give any notice provided for in this Section 8.1(b) or any defect therein shall not affect the legality or
validity of the removal of the Warrant Agent or the appointment of a successor Warrant Agent, as the case may be. 
 (c) Merger,
Consolidation or Name Change of Warrant Agent. 
 (i) Any Person into which the Warrant Agent may be merged or with which
it may be consolidated or any Person resulting from any merger or consolidation to which the Warrant Agent shall be a party shall be the successor Warrant Agent under this Agreement, without any further act or deed, if such person would be eligible
for appointment as a successor Warrant Agent under the provisions of Section 8.1(a). If any of the Warrant Certificates have been countersigned but not delivered at the time such successor to the Warrant Agent succeeds under this Agreement, any such
successor to the Warrant Agent may adopt the countersignature of any previous Warrant Agent; and if at that time any of the Warrant Certificates shall not have been countersigned, any successor to the Warrant Agent may countersign such Warrant
Certificates either in the name of the predecessor Warrant Agent or in the name of the successor Warrant Agent; and in all such cases such Warrant Certificates shall have the full force provided in the Warrant Certificates and in this Agreement.

 (ii) If at any time the name of the Warrant Agent is changed and at such time any of the Warrant Certificates have been
countersigned but not delivered, the Warrant Agent whose name has changed may adopt the countersignature under its prior name; and if at that time any of the Warrant Certificates have not been countersigned, the Warrant Agent may countersign such
Warrant Certificates either in its prior name or in its changed name; and in all such cases such Warrant Certificates shall have the full force provided in the Warrant Certificates and in this Agreement. 

Section 8.2 Fees and Expenses of Warrant Agent. 

(a) Remuneration. The Company agrees to pay the Warrant Agent reasonable remuneration for its services as Warrant Agent and will
reimburse the Warrant Agent upon 

 
demand for all reasonable and documented out-of-pocket expenses (including reasonable counsel fees and expenses), taxes and governmental charges and other charges of any kind and nature incurred
by the Warrant Agent in connection with the negotiation, preparation, delivery, administration, execution, modification, waiver, delivery, enforcement or amendment of this of this Agreement and the exercise and performance of its duties hereunder.

 (b) Further Assurances. The Company agrees to perform, execute, acknowledge and deliver or cause to be performed, executed,
acknowledged and delivered all such further and other acts, instruments, and assurances as may reasonably be required by the Warrant Agent for the carrying out or performing of the provisions of this Agreement. 

Section 8.3 Duties of Warrant Agent. 

(a) Covered Persons. References to the Warrant Agent in this Section 8.3 shall include the Warrant Agent and its affiliates,
principles, directors, officers, employees, agents, representatives, attorneys, accountants, advisors and other professionals. 
 (b)
Liability. 
 (i) The Warrant Agent shall not be liable for or by reason of any of the statements of fact or recitals
contained in this Agreement, the Warrant Statements or in the Warrant Certificates (except, in each case, its countersignature thereof) or be required to verify the same, but all such statements and recitals are and shall be deemed to have been made
by the Company only. The Warrant Agent shall not be under any responsibility in respect of the validity or sufficiency of this Agreement or the execution and delivery hereof or in respect of the validity or execution of any Warrant Certificate
(except, in each case, its countersignature thereof); nor shall the Warrant Agent be responsible for any breach by the Company of any covenant or condition contained in this Agreement or in any Warrant Certificate to be complied with by the Company;
nor shall the Warrant Agent be responsible for the making of any adjustment in the number and/or kind of shares issuable upon the exercise of a Warrants required under the provisions of Article V or be responsible for the manner, method or
amount of any such change or the ascertaining of the existence of facts that would require any such change; nor shall the Warrant Agent by any act hereunder be deemed to make any representation or warranty as to the authorization or reservation of
any Warrant Exercise Shares to be issued pursuant to this Agreement or any Warrant or as to whether any Warrant Exercise Shares will, when issued, be validly issued and fully paid and non-assessable. The Warrant Agent shall not be accountable or
under any duty or responsibility for the use by the Company of any Warrant Certificate authenticated by the Warrant Agent and delivered by it to the Company pursuant to this Agreement or for the application by the Company of the proceeds of the
issue and sale, or exercise, of the Warrants. 
 (ii) The Warrant Agent shall have no liability under, and no duty to inquire
as to, the provisions of any agreement, instrument or document other than this Agreement, including any Warrant Certificate. 

 (iii) The Warrant Agent may rely on and shall incur no liability or
responsibility to the Company, any Holder, or any other Person for any action taken, suffered or omitted to be taken by it upon any notice, instruction, request, resolution, waiver, consent, order, certificate, affidavit, statement, or other paper,
document or instrument furnished to the Warrant Agent hereunder and believed by it to be genuine and to have been signed, sent or presented by the proper party or parties. The Warrant Agent shall be under no duty to inquire into or investigate the
validity, accuracy or content of any such notice, instruction, request, resolution, waiver, consent, order, certificate, affidavit, statement, or other paper, document or instrument. The Warrant Agent shall not take any instructions or directions
except those given in accordance with this Agreement. 
 (iv) The Warrant Agent shall act hereunder solely as agent for the
Company and in a ministerial capacity and does not assume any obligation or relationship of agency or trust with any of the Holders, and its duties shall be determined solely by the provisions hereof. The Warrant Agent shall not be liable for any
action taken, suffered or omitted to be taken in connection with this Agreement except to the extent that a court of competent jurisdiction determines that its own gross negligence, willful misconduct or bad faith (as each is determined by a final,
nonappealable judgment) was the primary cause of any loss. 
 (v) Anything in this Agreement to the contrary notwithstanding,
in no event shall the Warrant Agent be liable for any special, incidental, punitive, indirect or consequential loss or damage of any kind whatsoever (including but not limited to lost profits), even if the Warrant Agent has been advised of the
likelihood of such loss or damage. Notwithstanding anything contained in this Agreement to the contrary, any liability of the Warrant Agent under this Agreement shall be limited in the aggregate to an amount equal to the annual fees paid by the
Company to the Warrant Agent hereunder. 
 (vi) All rights and obligations contained in this Section 8.3 shall survive
the termination of this Agreement and the resignation, replacement, incapacity or removal of the Warrant Agent. All fees and expenses incurred by the Warrant Agent prior to the resignation, replacement, incapacity or removal of the Warrant Agent
shall be paid by the Company in accordance with this Section 8.3 of this Agreement notwithstanding such resignation, replacement, incapacity or removal of the Warrant Agent. 

(vii) The Warrant Agent shall not be under any liability for interest on any monies at any time received by it pursuant to the
provisions of this Agreement. 
 (viii) In no event shall the Warrant Agent be responsible or liable for any failure or delay
in the performance of its obligations under this Agreement arising out of or caused by, directly or indirectly, forces beyond its reasonable control, including without limitation strikes, work stoppages, accidents, acts of war or terrorism, civil or
military disturbances, nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software or hardware) services. 

 (ix) In the event the Warrant Agent believes any ambiguity or uncertainty exists
hereunder or in any notice, instruction, direction, request or other communication, paper or document received by the Warrant Agent hereunder, the Warrant Agent, may, in its sole discretion, refrain from taking any action, and shall be fully
protected and shall not be liable in any way to the Company or any Holder or other person or entity for refraining from taking such action, unless the Warrant Agent receives written instructions signed by the Company which eliminates such ambiguity
or uncertainty to the satisfaction of Warrant Agent. 
 (c) Reliance on Company Statement. Whenever in the performance of its duties
under this Agreement, the Warrant Agent shall deem it necessary or desirable that any fact or matter be proved or established by the Company prior to taking or suffering any action hereunder, such fact or matter (unless other evidence in respect
thereof be herein specifically prescribed) may be deemed to be conclusively proved and established by a statement signed by an Appropriate Officer of the Company and delivered to the Warrant Agent. The Warrant Agent may rely upon such statement for
any action taken or suffered by it pursuant to the provisions of this Agreement. The Company will perform, execute, acknowledge and deliver or cause to be performed, executed, acknowledged and delivered all such further and other acts, instruments
and assurances as may reasonably be required by the Warrant Agent for the carrying out or performing by the Warrant Agent of the provisions of this Agreement. 

(d) Indemnity. The Company agrees to indemnify, defend, protect and save the Warrant Agent and hold it harmless from and against any
and all losses, damages, claims, liabilities, penalties, judgments, settlements, actions, suits, proceedings, litigation, investigations, costs or expenses, including without limitation reasonable fees and disbursements of counsel, that may be
imposed on, incurred by, or asserted against such Person, at any time, and in any way relating to or arising out of or in connection with, directly or indirectly, the execution, delivery or performance of this Agreement, the enforcement of any
rights or remedies under or in connection with this Agreement, or as may arise by reason of any act, omission or error of such Person; provided, however, that no such Person shall be entitled to be so indemnified, defended, protected,
saved and kept harmless to the extent such loss was caused by its own gross negligence, bad faith or willful misconduct, each as determined by a final judgment of a court of competent jurisdiction. Notwithstanding the foregoing, the Company shall
not be responsible for any settlement made without its written consent, which written consent shall not be unreasonably conditioned, withheld or delayed. 

(e) Exclusions. The Warrant Agent shall have no responsibility with respect to the validity of this Agreement or with respect to the
validity or execution of any Warrant (except, in each case, its countersignature thereof); nor shall it be responsible for any breach by the Company of any covenant or condition contained in this Agreement or in any Warrant; nor shall it be
responsible to make any adjustments required under the provisions of Article V hereof or responsible for the manner, method or amount of any such adjustment or the ascertaining of the existence of facts that would require any such adjustment; nor
shall it by any act hereunder be deemed to make any representation or warranty as to the authorization or reservation of any Common Stock to be issued pursuant to this Agreement or any Warrant or as to whether any Common Stock will, when issued, be
valid and fully paid and non-assessable. The Warrant Agent will not be under any duty or responsibility to ensure compliance with any applicable federal or state securities laws in connection with the issuance, Transfer or exchange of Warrants. 

 (f) The Warrant Agent may execute and exercise any of the rights or powers hereby vested in it or
perform any duty hereunder either itself or by or through its attorneys, agents or employees, and the Warrant Agent shall not be answerable or accountable for any act, default, neglect or misconduct of any such attorneys, agents or employees or for
any loss to the Company resulting from such neglect or misconduct, provided that the Warrant Agent acts without gross negligence, willful misconduct or bad faith (each as determined by a final judgment of a court of competent jurisdiction) in
connection with the selection of such attorneys, agents or employees. 
 (g) The Warrant Agent may consult at any time with legal counsel
satisfactory to it (who may be legal counsel for the Company) and the advice of such counsel shall be full and complete authorization and protection to the Warrant Agent as to any action taken or omitted by such parties in accordance with such
advice. 
 (h) The Warrant Agent may buy, sell, or deal in any of the Warrants or other securities of the Company freely as though it was
not Warrant Agent under this Agreement. Nothing contained herein shall preclude the Warrant Agent from acting in any other capacity for the Company or for any other Person. 

(i) The Warrant Agent shall not be required to use or risk its own funds in the performance of any of its obligations or duties or the
exercise of any of its rights or powers, and shall not be required to take any action which, in the Warrant Agent’s sole and absolute judgment, could involve it in expense or liability unless furnished with security and indemnity satisfactory
to it. 
 ARTICLE IX 

MISCELLANEOUS PROVISIONS 

Section 9.1 Binding Effects; Benefits. This Agreement shall inure to the benefit of and shall be binding upon the Company, the
Warrant Agent and the Holders and their respective heirs, legal representatives, successors and assigns. Nothing in this Agreement, expressed or implied, is intended to or shall confer on any person other than the Company, the Warrant Agent and
the Holders, or their respective heirs, legal representatives, successors or assigns, any rights, remedies, obligations or liabilities under or by reason of this Agreement. 

Section 9.2 Notices. Any notice or other communication required or which may be given hereunder shall be in writing and shall be
sent by certified or regular mail (return receipt requested, postage prepaid), by private national courier service, by personal delivery or by facsimile transmission. Such notice or communication shall be deemed given (i) if mailed, two (2)
days after the date of mailing, (ii) if sent by national courier service, one (1) Business Day after being sent, (iii) if delivered personally, when so delivered, or (iv) if sent by facsimile transmission, on the Business Day after such facsimile is
transmitted, in each case as follows: 

 if to the Warrant Agent, to: 

Kathy O’Kane 
 American Stock
Transfer & Trust Company, LLC 
 16633 N. Dallas Parkway, Suite 600 

Addison, Texas 75001 
 Facsimile:
(972) 588-1890 
 if to the Company, to: 

Goodrich Petroleum Corporation 

801 Louisiana, Suite 700 

Houston, Texas 77002 
 Facsimile:
(713) 780-9254 
 Attention: General Counsel 

if to Registered Holders, at their addresses as they appear in the Warrant Register and, if different, at the addresses appearing in the
records of the transfer agent or registrar for the Common Stock. 
 Section 9.3 Persons Having Rights under this
Agreement. Nothing in this Agreement expressed and nothing that may be implied from any of the provisions hereof is intended, or shall be construed, to confer upon, or give to, any person or corporation other than the parties hereto and the
Holders, any right, remedy, or claim under or by reason of this Agreement or of any covenant, condition, stipulation, promise, or agreement hereof. All covenants, conditions, stipulations, promises, and agreements contained in this Agreement
shall be for the sole and exclusive benefit of the parties hereto, their successors and assigns and the Holders.
 Section 9.4
Examination of this Agreement. A copy of this Agreement, and of the Warrant Register relating to such Holder’s Warrants, shall be available at all reasonable times at an office designated for such purpose by the Warrant Agent, for
examination by the Registered Holder of any Warrant. 
 Section 9.5 Counterparts. This Agreement may be executed in any number
of original or facsimile or electronic PDF counterparts and each of such counterparts shall for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.

Section 9.6 Effect of Headings. The section headings herein are for convenience only and are not part of this Agreement and shall
not affect the interpretation hereof.
 Section 9.7 Amendments.

(a) Subject to Section 9.7(b) below, this agreement may not be amended except in writing signed by the Company and the Warrant Agent.

 (b) The Company and the Warrant Agent may from time to time supplement or amend this Agreement or
the Warrants, as follows: 
 (i) without the approval of any Holder in order to cure any ambiguity, manifest error or other
mistake in this Agreement or the Warrants, or to correct or supplement any provision contained herein or in the Warrants that may be defective or inconsistent with any other provision herein or in the Warrants, or to make any other provisions in
regard to matters or questions arising hereunder that the Company may deem necessary or desirable and that shall not adversely affect, alter or change the interests of the Holders in any material respect, or 

(ii) with the prior written consent of the Requisite Holders; provided, however, that the consent of each Holder
adversely affected thereby shall be required for any amendment that (i) reduces the term of the Warrants (or otherwise modifies any provisions pursuant to which the Warrants may be terminated or cancelled), (ii) decreases the number of Warrant
Exercise Shares (or, as applicable, the amount of such other securities and/or assets) deliverable upon exercise of the Warrants, other than such decreases that are made pursuant to Article V or (iii) modifies, in a manner adverse to the
Holders generally, the material anti-dilution provisions set forth in Article V. 
 (c) Notwithstanding anything to the contrary
herein, upon the delivery of a certificate from an Appropriate Officer which states that the proposed supplement or amendment is in compliance with the terms of this Section 9.7, the Warrant Agent shall execute such supplement or amendment;
provided that the Warrant Agent may, but shall not be obligated to, execute any amendment or supplement that affects Warrant Agent’s rights, duties, immunities, liabilities or obligations hereunder. Any amendment, modification or waiver
effected pursuant to and in accordance with the provisions of this Section 9.7 shall be binding upon all Holders and upon each future Holder, the Company and the Warrant Agent. In the event of any amendment, modification or waiver, the
Company shall give prompt notice thereof to all Registered Holders and, if appropriate, notation thereof shall be made on all Warrant Certificates thereafter surrendered for registration of Transfer or exchange. Any failure of the Company to give
such notice or any defect therein shall not, however, in any way impair or affect the validity of any such amendment. 
 Section 9.8 No
Inconsistent Agreements; No Impairment. The Company shall not, on or after the date hereof, enter into any agreement with respect to its securities which conflicts with the rights granted to the Holders in the Warrants or the provisions
hereof. The Company represents and warrants to the Holders that the rights granted hereunder do not in any way conflict with the rights granted to holders of the Company’s securities under any other agreements. The Company shall not,
by amendment of its articles of incorporation or through any reorganization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities or any other voluntary action, avoid or seek to avoid the observance or performance of
any of the terms to be observed or performed hereunder by the Company, but will at all times in good faith assist in the carrying out of all the provisions of the Warrants and in the taking of all such action as may be necessary in order to preserve
the exercise rights of the Holders against impairment. 

 Section 9.9 Affiliate Transactions. So long as any Warrant remains outstanding,
without the prior written consent of the Requisite Holders, the Company shall not, and shall not permit any of its Subsidiaries to, make any payment to, or sell, lease, transfer or otherwise dispose of any of its securities, properties or assets to,
or purchase any securities, property or assets from, or enter into or make or amend (including by waiver) any transaction, contract, agreement, understanding, loan, advance or guarantee with, or for the benefit of, any Affiliate of the Company
(each, an “Affiliate Transaction”), unless: (i) the Affiliate Transaction is on terms that are no less favorable in the aggregate to the Company or the relevant Subsidiary than those that could be obtained by the Company
or such Subsidiary from a person that is not an Affiliate, and (ii) the Company delivers to the Warrant Agent an officers’ certificate signed by at least two of the Company’s executive officers certifying that such Affiliate
Transaction complies with clause (i) above. 
 Section 9.10 Integration/Entire Agreement. This Agreement is intended by the
parties as a final expression of their agreement and intended to be a complete and exclusive statement of the agreement and understanding of the Company, the Warrant Agent and the Holders in respect of the subject matter contained herein. There
are no restrictions, promises, warranties or undertakings, other than those set forth or referred to herein, with respect to the Warrants. This Agreement and the Warrants supersede all prior agreements and understandings between the parties
with respect to such subject matter. 
 Section 9.11 Governing Law, Etc. This Agreement and each Warrant issued hereunder shall
be deemed to be a contract made under the Laws of the State of New York and for all purposes shall be governed by and construed in accordance with the Laws of such State. Each party hereto consents and submits to the exclusive jurisdiction of
the courts of the State of New York located in New York County and of the U.S. federal courts located in the Southern District of New York in connection with any action or proceeding brought against it that arises out of or in connection with, that
is based upon, or that relates to this Agreement or the transactions contemplated hereby. In connection with any such action or proceeding in any such court, each party hereto hereby waives personal service of any summons, complaint or other
process and hereby agrees that service thereof may be made in accordance with the procedures for giving notice set forth in Section 9.2 hereof. Each party hereto hereby waives any objection to jurisdiction or venue in any such court in
any such action or proceeding and agrees not to assert any defense based on forum non conveniens or lack of jurisdiction or venue in any such court in any such action or proceeding.

Section 9.12 Termination. This Agreement will terminate on the earlier of (i) such date when all Warrants have been exercised with
respect to all shares subject thereto, or (ii) the expiration of the Exercise Period. The provisions of Section 8.3 and this Article IX shall survive such termination and the resignation, replacement or removal of the Warrant
Agent. 
 Section 9.13 Waiver of Trial by Jury. Each party hereto, including each Holder by its receipt of a Warrant, hereby
irrevocably and unconditionally waives the right to a trial by jury in any action, suit, counterclaim or other proceeding (whether based on contract, tort or otherwise) arising out of, connected with or relating to this Agreement and the
transactions contemplated hereby. 

 Section 9.14 Remedies. The Company hereby agrees that, in the event that the Company
violates any provisions of the Warrants (including the obligation to deliver shares of Common Stock upon the exercise thereof), the remedies at law available to the Holder of such Warrant may be inadequate. In such event, the Requisite Holders
and, other than in the event the Company fails to deliver Warrant Exercise Shares upon a Holder’s exercise of its Warrants (which shall not require the consent of the Requisite Holders), with the prior written consent of the Requisite Holders,
the holder of such Warrants, shall have the right, in addition to all other rights and remedies any of them may have, to specific performance and/or injunctive or other equitable relief to enforce the provisions of this Agreement and the Warrants.

 Section 9.15 Severability. In the event that any one or more of the provisions contained in this Agreement or in the
Warrants, or the application thereof in any circumstances, is held invalid, illegal or unenforceable, the validity, legality and enforceability of any such provisions in every other respect and of the remaining provisions contained herein and
therein shall not be affected or impaired thereby; provided, however, that if any such excluded provision shall adversely affect the rights, immunities, duties or obligations of the Warrant Agent, the Warrant Agent shall be entitled to
immediately resign. 
 Section 9.16 Customer Identification Program. The Company acknowledges that the Warrant Agent is subject
to the customer identification program (“Customer Identification Program”) requirements under the USA PATRIOT Act and its implementing regulations, and that the Warrant Agent must obtain, verify and record information that allows
the Warrant Agent to identify the Company. Accordingly, prior to accepting an appointment hereunder, the Warrant Agent may request information from the Company that will help the Warrant Agent to identify the Company, including without
limitation the Company’s physical address, tax identification number, organizational documents, certificate of good standing, license to do business, or any other information that the Warrant Agent deems necessary. The Company agrees that
the Warrant Agent cannot accept an appointment hereunder unless and until the Warrant Agent verifies the Company’s identity in accordance with the Customer Identification Program requirements. 

Section 9.17 Registration Rights. The Company has granted certain registration rights with respect to the Warrants, as set forth in
that certain Registration Rights Agreement, dated as of October 12, 2016, by and among the Company and parties signatory thereto. 
 Section
9.18 Confidentiality. The Warrant Agent and the Company agree that the Warrant Register and personal, non-public warrant holder information, which are exchanged or received pursuant to the negotiation or carrying out of this Agreement shall
remain confidential, and shall not be voluntarily disclosed to any other person, except as may be required by law, including, without limitation, pursuant to subpoenas from state or federal government authorities (e.g., in divorce and criminal
actions) or pursuant to the requirements of the SEC. 
 [Signature Page Follows] 

 IN WITNESS WHEREOF, this Agreement has been duly executed by the undersigned parties hereto as of
the date first above written.
  

					
	GOODRICH PETROLEUM CORPORATION
		
	By:	 	/s/ Michael J. Killelea
	Name:	 	Michael J. Killelea
	Title:	 	Senior Vice President, General Counsel and Corporate Secretary

 
					
	
	AMERICAN STOCK TRANSFER & TRUST COMPANY, LLC, as Warrant Agent
		
	By:	 	/s/ Michael A. Nespoli
	Name:	 	Michael A. Nespoli
	Title:	 	Executive Director

 Signature Page to Warrant Agreement 

 EXHIBIT A-1 

FACE OF GLOBAL WARRANT CERTIFICATE 

VOID AFTER 5:00 P.M., NEW YORK CITY TIME, ON OCTOBER 12, 2026 

This Global Warrant Certificate is held by The Depository Trust Company (the “Depositary”) or its nominee in custody for the benefit of the
beneficial owners hereof, and is not transferable to any person under any circumstances except that (i) this Global Warrant Certificate may be exchanged in whole but not in part pursuant to Section 6.1(g) of the Warrant Agreement, (ii) this Global
Warrant Certificate may be delivered to the Warrant Agent for cancellation pursuant to Section 6.1(h) of the Warrant Agreement and (iii) this Global Warrant Certificate may be transferred to a successor Depositary with the prior written consent of
the Company. 
 Unless this Global Warrant Certificate is presented by an authorized representative of the Depositary to the Company or the Warrant Agent
for registration of transfer, exchange or payment and any certificate issued is registered in the name of Cede & Co. or such other entity as is requested by an authorized representative of the Depositary (and any payment hereon is made to Cede
& Co. or to such other entity as is requested by an authorized representative of the Depositary), any transfer, pledge or other use hereof for value or otherwise by or to any person is wrongful because the registered owner hereof, Cede &
Co., has an interest herein. 
 Transfers of this Global Warrant Certificate shall be limited to transfers in whole, but not in part, to nominees of the
Depositary or to a successor thereof or such successor’s nominee. 
 No registration or transfer of the securities issuable pursuant to the Warrant
will be recorded on the books of the Company until such provisions have been complied with. 

 THE SECURITIES REPRESENTED BY THIS WARRANT CERTIFICATE (INCLUDING THE SECURITIES ISSUABLE UPON EXERCISE OF THE
WARRANT) ARE SUBJECT TO ADDITIONAL AGREEMENTS SET FORTH IN THE WARRANT AGREEMENT DATED AS OF OCTOBER 12, 2016, BY AND BETWEEN THE COMPANY AND THE WARRANT AGENT (THE “WARRANT AGREEMENT”). 

THIS WARRANT WILL BE VOID IF NOT EXERCISED PRIOR TO 

5:00 P.M., NEW YORK CITY TIME, ON OCTOBER 12, 2026 

WARRANT TO PURCHASE 

2,499,999 SHARES OF COMMON STOCK OF 

GOODRICH PETROLEUM CORPORATION¤ 

CUSIP # 382410 157 
 ISSUE
DATE: October 12, 2016 
 No. W-1 

This certifies that, for value received, Cede & Co. and its registered assigns (collectively, the “Registered Holder”), is
entitled to purchase from Goodrich Petroleum Corporation, a Delaware corporation (the “Company”), subject to the terms and conditions hereof, at any time before 5:00 p.m., New York time, on October 12, 2026, the number of fully paid and
non-assessable shares of Common Stock of the Company set forth above at the Exercise Price (as defined in the Warrant Agreement). The number and kind of shares purchasable hereunder are subject to adjustment from time to time as provided in
Article V of the Warrant Agreement. The Exercise Price shall be $0.01. 
 This Warrant Certificate shall not be valid unless
countersigned by the Warrant Agent. 
  
  

	¤ 	Exercisable for 2,499,999 shares of Common Stock for all Warrants in the aggregate, subject to adjustment in accordance with Article V of the Warrant Agreement. 

 IN WITNESS WHEREOF, this Warrant has been duly executed by the Company under its corporate seal as of the
     day of October, 2016. 
  

			
	GOODRICH PETROLEUM CORPORATION

 
			
		
	By:	 	  

 
			
		
	Print Name:	 	  

 
			
		
	Title:	 	  

 
					
			
	Attest:	 	  
	 	

  
  

			
	 American Stock Transfer & Trust Company, LLC,

as Warrant Agent

					
			
	By:	 	  
	 	

			
	Name:	 	
	Title:	 	

 Address of Registered Holder for Notices (until changed in accordance with this Warrant): 

Cede & Co. 
 55 Water Street 

New York, New York 10041 
 REFERENCE IS HEREBY
MADE TO THE FURTHER PROVISIONS OF THIS WARRANT CERTIFICATE SET FORTH ON THE REVERSE HEREOF. SUCH FURTHER PROVISIONS SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS THOUGH FULLY SET FORTH AT THIS PLACE. 

 REVERSE OF GLOBAL WARRANT CERTIFICATE 

The Warrants evidenced by this Warrant Certificate are part of a duly authorized issue of Warrants to purchase 2,499,999¤ shares of Common Stock issued pursuant to the Warrant Agreement, as dated October 12, 2016 (the “Warrant
Agreement”), by and among Goodrich Petroleum Corporation (the “Company”), and American Stock Transfer & Trust Company, LLC (the “Warrant Agent”). A copy of the Warrant Agreement may be inspected at the
office of the Warrant Agent designated for such purpose. The Warrant Agreement hereby is incorporated by reference in and made a part of this instrument and is hereby referred to for a description of the rights, limitation of rights, obligations,
duties and immunities thereunder of the Warrant Agent, the Company and the Registered Holders of the Warrants. All capitalized terms used in this Global Warrant Certificate that are not defined herein but are defined in the Warrant Agreement shall
have the meanings given to them in the Warrant Agreement. 
 The Company shall not be required to issue fractions of Common Stock or any
certificates that evidence fractional Common Stock. 
 No Warrants may be sold, exchanged or otherwise transferred in violation of the
Securities Act or state securities laws. 
 This Warrant does not entitle the Registered Holder to any of the rights of a stockholder of the
Company. 
 The Company and Warrant Agent may deem and treat the Registered Holder hereof as the absolute owner of this Warrant Certificate
(notwithstanding any notation of ownership or other writing hereon made by anyone) for the purpose of any exercise hereof and for all other purposes, and neither the Company nor the Warrant Agent shall be affected by any notice to the contrary. 

 

	¤ 	Exercisable for 2,499,999 shares of Common Stock for all Warrants in the aggregate, subject to adjustment in accordance with Article V of the Warrant Agreement. 

 EXHIBIT A-2 

FACE OF WARRANT CERTIFICATE 
 VOID
AFTER 5:00 P.M., NEW YORK CITY TIME, ON OCTOBER 12, 2026 
 THE SECURITIES REPRESENTED BY THIS WARRANT CERTIFICATE (INCLUDING THE SECURITIES ISSUABLE UPON
EXERCISE OF THE WARRANT) ARE SUBJECT TO ADDITIONAL AGREEMENTS SET FORTH IN THE WARRANT AGREEMENT DATED AS OF OCTOBER 12, 2016, BY AND BETWEEN THE COMPANY AND THE WARRANT AGENT (THE “WARRANT AGREEMENT”). 

 

			
	Certificate Number
                                    	  	Warrants
                                    
		  	CUSIP    382410 157        
		
	This certifies that	  	
		
	is the holder of	  	

 WARRANTS TO PURCHASE COMMON STOCK OF 

GOODRICH PETROLEUM CORPORATION 
 transferable on
the books of the Corporation by the holder hereof in person or by duly authorized attorney upon surrender of the certificate properly endorsed. Each Warrant entitles the holder and its registered assigns (collectively, the “Registered
Holder”) to purchase from Goodrich Petroleum Corporation, a Delaware corporation (the “Company”), subject to the terms and conditions hereof, at any time before 5:00 p.m., New York time, on October 12, 2026, one fully paid and
non-assessable share of Common Stock of the Company at the Exercise Price (as defined in the Warrant Agreement). The number and kind of shares purchasable hereunder are subject to adjustment from time to time as provided in Article V of the
Warrant Agreement. The Exercise Price shall be $0.01. 
 This certificate is not valid unless countersigned and registered by the Warrant Agent. 

WITNESS the facsimile seal of the Corporation and the facsimile signatures of its duly authorized officers. 

 

							
		  		 	DATED
	  
	  		 		 	
				
	Authorized Officer	  		 		 	
			
	 Attest:
  

 
  
	  	[Corporate seal]	 	 COUNTERSIGNED AND REGISTERED

AMERICAN STOCK TRANSFER & TRUST COMPANY, LLC, WARRANT AGENT

				
	Secretary	  		 		 	
		  		 	By	 	  

		  		 		 	        AUTHORIZED SIGNATURE

 REVERSE OF WARRANT CERTIFICATE 

GOODRICH PETROLEUM CORPORATION 

The Warrants evidenced by this Warrant Certificate are a part of a duly authorized issue of Warrants to purchase 2,499,999 shares of Common
Stock issued pursuant to the Warrant Agreement, as dated October 12, 2016 (the “Warrant Agreement”), by and among Goodrich Petroleum Corporation (the “Company”), and American Stock Transfer & Trust Company, LLC
(the “Warrant Agent”). A copy of the Warrant Agreement may be inspected at the office of the Warrant Agent designated for such purpose. The Warrant Agreement is incorporated by reference in and made a part of this
instrument and is hereby referred to for a description of the rights, limitation of rights, obligations, duties and immunities thereunder of the Warrant Agent, the Company and the Registered Holders of the Warrants. All capitalized terms used
in this Warrant Certificate that are not defined herein but are defined in the Warrant Agreement shall have the meanings given to them in the Warrant Agreement. 

The Company shall not be required to issue fractions of Common Stock or any certificates that evidence fractional Common Stock. No
Warrants may be sold, exchanged or otherwise transferred in violation of the Securities Act or state securities laws. The Warrants represented by this Warrant Certificate do not entitle the Registered Holder to any of the rights of a
stockholder of the Company. The Company and Warrant Agent may deem and treat the Registered Holder hereof as the absolute owner of this Warrant Certificate (notwithstanding any notation of ownership or other writing hereon made by anyone) for
the purpose of any exercise hereof and for all other purposes, and neither the Company nor the Warrant Agent shall be affected by any notice to the contrary. 
  

																			
	The following abbreviations, when used in the
inscription on the face of this certificate, shall be construed as though they were written out in full according to applicable laws or regulations.
	 				 
	Ten COM –	 	as tenants in common	 	UNIF GIFT MIN ACT -	 		 	Custodian
	 	 		 		 		 	                                    
(Cust)	  	(Minor)                       
     
	TEN ENT –	 	as tenants by the entireties	 		 		 	under Uniform Gifts to Minor Act    	 	 
	 	 		 		 		 		 		 		 	(State)                      

	JT TEN –	 	as joint tenants with right of survivorship and not as tenants in common	 	 UNIF GIFT MIN ACT -
	 		 		 		 		 	 
	 	 	 	 	 		 		 	Custodian (until age)
	 	 	 	 	 		 	        (Cust) 	 		  		  	 
	 	 		 		 		 		 		 		 		  		  	 
	 	 		 		 		 	 	 	under Uniform Transfers to Minors Act    	  	 
	 	 		 		 		 	(Minor)	 		 		  		  	(State)
	 	 	 	 	 	 	 	 	 	 	 	  	 	  	 

 FORM OF ASSIGNMENT 

For value received,
                                         
                                    hereby sells, assigns and transfers
the Warrants to purchase shares of Goodrich Petroleum
Corporation                                       
                          Social Security or Other
Taxpayer Identification Number 
 represented by this Warrant Certificate to:

  
  

Print name and address 
 and does hereby
irrevocably constitute and appoint
                                         
                        attorney, to transfer said Warrants on the Warrant Register maintained for the purpose of registration
thereof, with full power of substitution in the premises: 
  

			
	 Dated:             ,
20    
	  	 Signature:
                                         
                   

		  	 Name:
                                         
                         

 Note: The above signature and name should correspond exactly with the name of the holder as it appears on the face of the
certificate, in every particular without alteration or enlargement or any change whatsoever.

 EXERCISE FORM 

The undersigned Registered Holder of this Warrant Certificate hereby irrevocably elects to exercise the number of Warrants indicated below for the purchase of
the number of shares of Common Stock indicated below and (check one): 
  

					
	Number of Warrants:	  	  
	  	
			
	Number of Shares of Common Stock:	  	  
	  	
		  	(Total number of shares of Common Stock for which the Warrant is being exercised, before withholding for Exercise Price, if cashless exercise)	  	

  

	 	☐	herewith tenders payment for                  of the Warrant Exercise Shares to the order of reorganized Goodrich Petroleum
Corporation in the amount of $                     in accordance with the terms of the Warrant Agreement; or 

 

	 	☐	herewith tenders                      Warrants pursuant to the cashless exercise provisions of Section 4.3(b) of
the Warrant Agreement. 

 The undersigned requests that the Warrant Exercise Shares, or the net number of shares of Common Stock issuable upon
exercise of the Warrants pursuant to the cashless exercise provisions of Section 4.3(b) of the Warrant Agreement, be issued in the name of the undersigned Holder or as otherwise indicated below: 

 

									
	 Name
	  	
                     
                            
	  				  	Social Security or Other Taxpayer Identification Number
				 
	Address	  	
                     
                            
	  				  	 
				
		  	
                     
                            
	  				  	

 If such Warrants shall not constitute all of the Warrants represented hereby, the undersigned requests that a new Warrant
Certificate of like tenor and date for the balance of the Warrants represented hereby be issued and delivered in the name of the undersigned Holder or as otherwise indicated as follows: 

 

									
	 Name
	  	
                     
                            
	  				  	Social Security or Other Taxpayer Identification Number
				 
	Address	  	
                     
                            
	  				  	 
				
		  	
                     
                            
	  				  	

  

									
	Dated:                      , 20    	 		 	Signature:	 	
                     
                    
	 	
		 		 	Name:	 	
                     
                    
	 	
		 		 		 		 	

 Note: The above signature and name should correspond exactly with the name of the holder as it appears on the face of the
certificate, in every particular without alteration or enlargement or any change whatsoever. 

 EXHIBIT B 

EXERCISE FORM FOR REGISTERED HOLDERS 

OF DIRECT REGISTRATION WARRANTS 

(To be executed upon exercise of Warrants) 

NOTE: THIS EXERCISE NOTICE MUST BE DELIVERED TO THE WARRANT AGENT, PRIOR TO 5:00 P.M., EASTERN TIME, ON OCTOBER 12, 2026. 

The undersigned Registered Holder, being the holder of Direct Registration Warrants of Goodrich Petroleum Corporation, issued pursuant to that certain Warrant
Agreement, as dated October 12, 2016 (the “Warrant Agreement”), by and among Goodrich Petroleum Corporation (the “Company”), and American Stock Transfer & Trust Company, LLC (the “Warrant
Agent”), hereby irrevocably elects to exercise the number of Direct Registration Warrants indicated below, for the purchase of the number of shares of Common Stock indicated below (check one). All capitalized terms used in this
Exercise Form that are not defined herein but are defined in the Warrant Agreement shall have the meanings given to them in the Warrant Agreement. 
  

					
	Number of Warrants:	  	  
	  	
			
	Number of Shares of Common Stock:	  	  
	  	
		  	(Total number of shares of Common Stock for which the Direct Registration Warrant is being exercised, before withholding for Exercise Price, if cashless exercise)	  	

  

	 	☐	herewith tenders payment for              of the Warrant Exercise Shares to the order of reorganized Goodrich Petroleum Corporation in the amount of
$             in accordance with the terms of the Warrant Agreement; or 

  

	 	☐	herewith tenders              Warrants pursuant to the cashless exercise provisions of Section 4.3(b) of the Warrant Agreement. 

The undersigned requests that the Warrant Exercise Shares, or the net number of shares of Common Stock issuable upon exercise of the Warrants pursuant to the
cashless exercise provisions of Section 4.3(b) of the Warrant Agreement, be issued in the name of the undersigned Holder or as otherwise indicated below: 
  

									
	 Name
	  	
                     
                            
	  				  	Social Security or Other Taxpayer Identification Number
	Address	  	
                     
                            
	  				  	 
		  	
                     
                            
	  				  	

 If said number of Warrant Exercise Shares shall not be all the Warrant Exercise Shares issuable upon exercise
of the Warrant, the undersigned requests that a new Warrant representing the balance of such Warrant shall be issued in the name of the undersigned Holder or as otherwise indicated below and that a Warrant Statement reflecting such balance be
delivered to the address indicated below: 
  

									
	 Name
	  	
                     
                            
	  				  	Social Security or Other Taxpayer Identification Number
	Address	  	
                     
                            
	  				  	 
		  	
                     
                            
	  				  	

  

									
	Dated:                 , 20            	 		 	Signature:	 	
                     
                    
	 	
					
		 		 	Name:	 	
                     
                    
	 	
		 		 		 		 	

 _ 

 EXHIBIT C 

EXERCISE FORM FOR BENEFICIAL HOLDERS 

HOLDING WARRANTS THROUGH THE DEPOSITORY TRUST COMPANY 

TO BE COMPLETED BY DIRECT PARTICIPANT 

IN THE DEPOSITORY TRUST COMPANY 

(To be executed upon exercise of Warrants) 

NOTE: THIS EXERCISE NOTICE MUST BE DELIVERED TO THE WARRANT AGENT, PRIOR TO 5:00 P.M., EASTERN TIME, ON OCTOBER 12, 2026.

The undersigned, being the beneficial holder of Book-Entry Warrants issued pursuant to that certain Warrant Agreement, as dated October 12, 2016 (the
“Warrant Agreement”), by and among Goodrich Petroleum Corporation (the “Company”), and American Stock Transfer & Trust Company, LLC (the “Warrant Agent”) and held for its benefit through the
book-entry facilities of The Depository Trust Company (the “Depositary”), hereby irrevocably elects to exercise the number of Book-Entry Warrants indicated below, for the purchase of the number of shares of Common Stock indicated
below, pursuant to the exercise provisions of Section 4.3 of the Warrant Agreement and (check one). All capitalized terms used in this Exercise Form that are not defined herein but are defined in the Warrant Agreement shall have the meanings
given to them in the Warrant Agreement. 
  

	 	☐	Cashless exercise pursuant to Section 4.3(b) of the Warrant Agreement; or 

  

	 	☐	Non-cashless exercise pursuant to Section 4.3(a) of the Warrant Agreement with paymentin the amount of $            . 

 

											
	 Number of Warrants:
	  				  	  
	  			
				
	 Number of Shares of Common Stock:
	  				  	  
	  			
		  				  	(Total number of shares of Common Stock for which the Book-Entry Warrants are being exercised before withholding for the Exercise Price, if a cashless exercise.)	   

 The undersigned requests that the shares of Common Stock issuable upon exercise of the Warrants be delivered to the account at
the Depositary specified below. 
 THE WARRANT AGENT SHALL NOTIFY YOU (THROUGH THE CLEARING SYSTEM) OF (1) THE WARRANT AGENT’S ACCOUNT AT THE
DEPOSITARY TO WHICH YOU MUST DELIVER YOUR WARRANTS, AND PAYMENT, IF ANY, ON THE EXERCISE DATE AND (2) THE ADDRESS, PHONE NUMBER AND FACSIMILE NUMBER WHERE YOU CAN CONTACT THE WARRANT AGENT.

 

							
	  

AUTHORIZED SIGNATURE:
  
	 	
                     
                                         
               
  
	  			
	  

NAME:
  
	 	
                     
                                         
               
  
	  			
	  

CAPACITY IN WHICH SIGNING:
  
	 	
                     
                                         
               
  
	  			
	  

DATED:
  
	 	
                     
                                         
               
  
	  			
	  

NAME OF PARTICIPANT:
  
	 	
                     
                                         
               
  
	  			
	  

ADDRESS:
  
	 	
                     
                                         
               
  
	  			
	  

CONTACT NAME (if different than above):

 
	 	
                     
                                         
               
  
	  			
	  

TELEPHONE (INCLUDING INTERNATIONAL CODE):

 
	 	
                     
                                         
               
  
	  			
	  

FAX (INCLUDING INTERNATIONAL CODE):
  
	 	
                     
                                         
               
  
	  			
	  

E-MAIL ADDRESS:
  
	 	
                     
                                         
               
  
	  			
	  

DEPOSITARY ACCOUNT NO.:
  
	 	
                     
                                         
               
  
	  			

 EXHIBIT D 

FORM OF ASSIGNMENT 
 FOR
REGISTERED HOLDERS 
 HOLDING DIRECT REGISTRATION WARRANTS 

(To be executed only upon assignment of Warrants) 

For value received, the undersigned Registered Holder of Direct Registration Warrants issued pursuant to that certain Warrant Agreement, as dated October 12,
2016, by and among Goodrich Petroleum Corporation (the “Company”), and American Stock Transfer & Trust Company, LLC (the “Warrant Agent”), hereby sells, assigns and transfers unto the Assignee(s) named below the
number of Direct Registration Warrants listed opposite the respective name(s) of the Assignee(s) named below, and all other rights of the Registered Holder under said Direct Registration Warrants, and does hereby irrevocably constitute and appoint
                                        
attorney, to transfer said Direct Registration Warrants, as and to the extent set forth below, on the Warrant Register maintained for the purpose of registration thereof, with full power of substitution in the premises: 

 

					
	Name(s) of Assignee(s)	  	Address of Assignee(s)	  	Number of Warrants
	
                  
                                   
	  	
                  
                                         
      
	  	
                  
                                   

 

									
	Dated:                , 20            	 		 	Signature:	 	
                     
                    
	 	
		 		 	Name:	 	
                     
                    
	 	
		 		 		 		 	

 Note: The above signature and name should correspond exactly with the name of the Holder of the Direct Registration Warrants
as it appears on the Warrant Register.

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