Document:

EX-10.11

 Exhibit 10.11 

MEMORIAL RESOURCE DEVELOPMENT CORP. 

2014 LONG TERM INCENTIVE PLAN 

RESTRICTED STOCK GRANT AND AWARD AGREEMENT 

This Agreement is made and entered into as of [            ],
20[        ] (the “Date of Grant”) by and between Memorial Resource Development Corp., a Delaware corporation (the “Company”), and
[            ] (the “Grantee” or “you”); 

WHEREAS, the Company adopted the Memorial Resource Development Corp. 2014 Long Term Incentive Plan as it may be amended from time to
time (the “Plan”) under which the Company is authorized to grant restricted stock awards to certain employees and service providers of the Company; 

WHEREAS, the Company, in order to induce you to enter into and to continue and dedicate service to the Company and to materially
contribute to the success of the Company, agrees to grant you this restricted stock award; 
 WHEREAS, a copy of the Plan has been
furnished to you and shall be deemed a part of this restricted stock grant and award agreement (“Agreement”) as if fully set forth herein and the terms capitalized but not defined herein shall have the meanings set forth in
the Plan; and 
 WHEREAS, you desire to accept the restricted stock award made pursuant to this Agreement. 

NOW, THEREFORE, in consideration of the mutual covenants set forth herein and for other valuable consideration hereinafter set forth,
the parties agree as follows: 
  

	1.	The Grant. Subject to the conditions set forth below, the Company hereby grants you effective as of the Date of Grant, as a matter of separate inducement but not in lieu of any salary or other compensation for
your services for the Company, an award (the “Award”) consisting of shares of Stock (the “Restricted Shares”) in accordance with the terms and conditions set forth herein and in the Plan.

  

	2.	Escrow of Restricted Shares. The Company shall evidence the Restricted Shares in the manner that it deems appropriate. The Company may issue in your name a certificate or certificates representing the Restricted
Shares and retain that certificate or those certificates until the restrictions on such Restricted Shares expire as described in Section 5 of this Agreement or the Restricted Shares are forfeited as described in Sections 4 and
6 of this Agreement. If the Company certificates the Restricted Shares, you shall execute one or more stock powers in blank for those certificates and deliver those stock powers to the Company. The Company shall hold the Restricted Shares and
the related stock powers pursuant to the terms of this Agreement, if applicable, until such time as (a) a certificate or certificates for the Restricted Shares are delivered to you, (b) the Restricted Shares are otherwise transferred to
you free of restrictions, or (c) the Restricted Shares are canceled and forfeited pursuant to this Agreement. 

	3.	Ownership of Restricted Shares. From and after the time the Restricted Shares are issued in your name, you will be entitled to all the rights of absolute ownership of the Restricted Shares, including the right to
vote those shares and to receive dividends thereon if, as, and when declared by the Board, subject, however, to the terms, conditions and restrictions set forth in this Agreement; provided, however, that each dividend payment will be
made no later than the 60th day following the date such dividend payment is made to stockholders generally. 

  

	4.	Restrictions; Forfeiture. The Restricted Shares are restricted in that they may not be sold, transferred or otherwise alienated or hypothecated until these restrictions are removed or expire as described in
Section 5 of this Agreement. The Restricted Shares are also restricted in the sense that they may be forfeited to the Company (the “Forfeiture Restrictions”). You hereby agree that if the Restricted Shares are
forfeited, as provided in Section 6, the Company shall have the right to deliver the Restricted Shares to the Company’s transfer agent for, at the Company’s election, cancellation or transfer to the Company. 

 

	5.	Expiration of Restrictions and Risk of Forfeiture. The restrictions on the Restricted Shares granted pursuant to Section 4 of this Agreement will expire and the Restricted Shares will become
transferable and nonforfeitable, provided that, subject to Section 6(b), you remain in the employ of, or a service provider to, the Company or its Subsidiaries until the applicable dates set forth in the following schedule: 

 

			
	Number of Shares of Restricted Shares	  	Vesting Date
		
	x	  	One Year Anniversary of the Date of Grant
		
	x	  	Two Year Anniversary of the Date of Grant
		
	x	  	Three Year Anniversary of the Date of Grant

  

	6.	Termination of Services and Change in Control. 

  

	 	a.	Termination Generally. If your service relationship with the Company or any of its Subsidiaries is terminated for any reason, then those Restricted Shares for which the restrictions have not lapsed as of the date
of termination shall become null and void and those Restricted Shares shall be forfeited to the Company. The Restricted Shares for which the restrictions have lapsed as of the date of such termination shall not be forfeited to the Company.

  
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	 	b.	Change in Control. Notwithstanding the vesting schedule set forth in Section 5 above, upon the occurrence of a Change in Control, 100% of the Restricted Shares for which the restrictions have not yet
lapsed as of the date of the Change in Control shall become immediately vested. 

  

	7.	Leave of Absence. With respect to the Award, the Company may, in its sole discretion, determine that if you are on leave of absence for any reason you will be considered to still be in the employ of, or providing
services for, the Company, provided that rights to the Restricted Shares during a leave of absence will be limited to the extent to which those rights were earned or vested when the leave of absence began. 

 

	8.	Delivery of Stock. Promptly following the expiration of the restrictions on the Restricted Shares as contemplated in Section 5 or Section 6(b) of this Agreement, the Company shall cause to be
issued and delivered to you or your designee a certificate or other evidence of the number of Restricted Shares as to which restrictions have lapsed, free of any restrictive legend relating to the lapsed restrictions, upon receipt by the Company of
any tax withholding as may be requested pursuant to Section 9. The value of such Restricted Shares shall not bear any interest owing to the passage of time. 

 

	9.	Payment of Taxes. The Company shall require you to pay to the Company (or the Company’s Subsidiary if you are an employee of a Subsidiary of the Company), an amount the Company deems necessary to satisfy its
(or its Subsidiary’s) current or future obligation to withhold federal, state or local income or other taxes that you incur as a result of the Award. With respect to any required tax withholding, you may (a) direct the Company to withhold
from the shares of Stock to be issued to you under this Agreement the number of shares necessary to satisfy the Company’s obligation to withhold taxes; which determination will be based on the shares’ Fair Market Value at the time such
determination is made; (b) deliver to the Company shares of Stock sufficient to satisfy the Company’s tax withholding obligations, based on the shares’ Fair Market Value at the time such determination is made; (c) deliver cash to
the Company sufficient to satisfy its tax withholding obligations; or (d) satisfy such tax withholding through any combination of (a), (b) and (c). If you desire to elect to use the stock withholding option described in subparagraph (a),
you must make the election at the time and in the manner the Company prescribes. The Company, in its discretion, may deny your request to satisfy its tax withholding obligations using a method described under subparagraph (a) or (b).

  

	10.	 Compliance with Securities Law. Notwithstanding any provision of this Agreement to the contrary, the issuance of Stock (including Restricted
Shares) will be subject to compliance with all applicable requirements of federal, state, or foreign law with respect to such securities and with the requirements of any stock exchange or market system upon which the Stock may then be listed. No
Stock will be issued hereunder if such issuance would constitute a violation of any applicable federal, state, or foreign securities laws or other law or regulations or the requirements of any stock exchange or market system upon which the Stock may
then be listed. In addition, Stock will not be issued 

  
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hereunder unless (a) a registration statement under the Securities Act of 1933, as amended (the “Act”), is at the time of issuance in effect with respect to the
shares issued or (b) in the opinion of legal counsel to the Company, the shares issued may be issued in accordance with the terms of an applicable exemption from the registration requirements of the Act. The inability of the Company to obtain
from any regulatory body having jurisdiction the authority, if any, deemed by the Company’s legal counsel to be necessary to the lawful issuance and sale of any shares subject to the Award will relieve the Company of any liability in respect of
the failure to issue such shares as to which such requisite authority has not been obtained. As a condition to any issuance hereunder, the Company may require you to satisfy any qualifications that may be necessary or appropriate to evidence
compliance with any applicable law or regulation and to make any representation or warranty with respect to such compliance as may be requested by the Company. From time to time, the Board and appropriate officers of the Company are authorized to
take the actions necessary and appropriate to file required documents with governmental authorities, stock exchanges, and other appropriate Persons to make shares of Stock available for issuance. 

 

	11.	Legends. The Company may at any time place legends referencing any restrictions imposed on the shares pursuant to Sections 4 or 10 of this Agreement on all certificates representing shares issued
with respect to this Award. 

  

	12.	Right of the Company and Subsidiaries to Terminate Services. Nothing in this Agreement confers upon you the right to continue in the employ of or performing services for the Company or any Subsidiary, or
interfere in any way with the rights of the Company or any Subsidiary to terminate your employment or service relationship at any time. 

  

	13.	Furnish Information. You agree to furnish to the Company all information requested by the Company to enable it to comply with any reporting or other requirements imposed upon the Company by or under any
applicable statute or regulation. 

  

	14.	Remedies. The parties to this Agreement shall be entitled to recover from each other reasonable attorneys’ fees incurred in connection with the successful enforcement of the terms and provisions of this
Agreement whether by an action to enforce specific performance or for damages for its breach or otherwise. 

  

	15.	No Liability for Good Faith Determinations. The Company and the members of the Board shall not be liable for any act, omission or determination taken or made in good faith with respect to this Agreement or the
Restricted Shares granted hereunder. 

  

	16.	Execution of Receipts and Releases. Any payment of cash or any issuance or transfer of shares of Stock or other property to you, or to your legal representative, heir, legatee or distributee, in accordance with
the provisions hereof, shall, to the extent thereof, be in full satisfaction of all claims of such Persons hereunder. The Company may require you or your legal representative, heir, legatee or distributee, as a condition precedent to such payment or
issuance, to execute a release and receipt therefor in such form as it shall determine. 

  
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	17.	No Guarantee of Interests. The Board and the Company do not guarantee the Stock of the Company from loss or depreciation. 

  

	18.	Notice. All notices required or permitted under this Agreement must be in writing and personally delivered or sent by mail and shall be deemed to be delivered on the date on which it is actually received by the
person to whom it is properly addressed or if earlier the date it is sent via certified United States mail. 

  

	19.	Waiver of Notice. Any person entitled to notice hereunder may waive such notice in writing. 

  

	20.	Information Confidential. As partial consideration for the granting of the Award hereunder, you hereby agree to keep confidential all information and knowledge, except that which has been disclosed in any public
filings required by law, that you have relating to the terms and conditions of this Agreement; provided, however, that such information may be disclosed as required by law and may be given in confidence to your spouse and tax and
financial advisors. In the event any breach of this promise comes to the attention of the Company, it shall take into consideration that breach in determining whether to recommend the grant of any future similar award to you, as a factor weighing
against the advisability of granting any such future award to you. 

  

	21.	Successors. This Agreement shall be binding upon you, your legal representatives, heirs, legatees and distributees, and upon the Company, its successors and assigns. 

 

	22.	Severability. If any provision of this Agreement is held to be illegal or invalid for any reason, the illegality or invalidity shall not affect the remaining provisions hereof, but such provision shall be fully
severable and this Agreement shall be construed and enforced as if the illegal or invalid provision had never been included herein. 

  

	23.	Company Action. Any action required of the Company shall be by resolution of the Board or by a person or entity authorized to act by resolution of the Board. 

 

	24.	Headings. The titles and headings of Sections are included for convenience of reference only and are not to be considered in construction of the provisions hereof. 

 

	25.	Governing Law. All questions arising with respect to the provisions of this Agreement shall be determined by application of the laws of Delaware without giving any effect to any conflict of law provisions
thereof, except to the extent Delaware state law is preempted by federal law. The obligation of the Company to sell and deliver Stock hereunder is subject to applicable laws and to the approval of any governmental authority required in connection
with the authorization, issuance, sale, or delivery of such Stock. 

  
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	26.	Amendment. This Agreement may be amended the Board or by the Committee at any time; provided that any amendment that would adversely affect your rights hereunder shall not be effective without your consent.

  

	27.	The Plan. This Agreement is subject to all the terms, conditions, limitations and restrictions contained in the Plan. 

[Signature Page Follows] 

  
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 IN WITNESS WHEREOF, the Company has caused this Agreement to be executed by its officer
thereunto duly authorized, and the Grantee has set his hand as to the date and year first above written. 
  

			
	MEMORIAL RESOURCE DEVELOPMENT CORP.
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	[GRANTEE NAME]
	
	  

	 GRANTEE

 Signature Page to Restricted Stock Grant and Award AgreementEX-10.14

 Exhibit 10.14 

MID-CON ENERGY PARTNERS, LP 

LONG-TERM INCENTIVE PROGRAM 

PHANTOM UNIT AGREEMENT 
 Pursuant to
this Phantom Unit Agreement, dated as of [            ], 2014 (this “Agreement”), Mid-Con Energy Partners GP, LLC (the “Company”), as the general partner
of Mid-Con Energy Partners, LP (the “Partnership”), hereby grants to [                    ] (the “Participant”) the
following award of Phantom Units (“Phantom Units”), pursuant and subject to the terms and conditions of this Agreement and the Mid-Con Energy Partners, LP Long-Term Incentive Program (the “Program”), the terms and
conditions of which are hereby incorporated into this Agreement by reference. Each Phantom Unit shall constitute a Phantom Unit under the terms of the Program. Except as otherwise expressly provided herein, all capitalized terms used in this
Agreement, but not defined, shall have the meanings provided in the Program. 
 GRANT NOTICE 

Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: 

Number of Phantom Units:
[                    ] Phantom Units 

Grant Date: [            ], 2014 

Vesting of Phantom Units: Subject to the terms and conditions of this Agreement, the Phantom Units shall become vested and
nonforfeitable (“Vested Phantom Units”), provided that the Partnership has reached the necessary production goals set forth below on an annual basis from the currently owned properties and excluding all future acquisitions (each, a
“Vesting Target”) and Participant has continuously provided services to the Partnership Entities (including employment with the Partnership Entities or membership on the Board, as applicable), without interruption, from the Date of
Grant through each applicable vesting date (each, a “Vesting Date”), in accordance with the following schedule: 
  

			
	 Vesting Date
	  	Portion Vested
	 7/31/2014
	  	One-third of the Phantom Units
	 7/31/2015
	  	One-third of the Phantom Units
	 7/31/2016
	  	One-third of the Phantom Units

  

			
	 	  	Vesting Target
	 7/1/2014
	  	[***]/Net MBOE
	 7/1/2015
	  	[***]/Net MBOE
	 7/1/2016
	  	[***]/Net MBOE

 Specific Terms in this Exhibit have been redacted because confidential treatment for those terms has been requested. The
redacted material has been separately filed with the Securities and Exchange Commission, and the terms have been marked at the appropriate place with three asterisks [***] 

 The number of Phantom Units that vest as of each date described above will be rounded down to the nearest whole
Phantom Unit, with any remaining Phantom Units to vest with the final installment. 
 Forfeiture of Phantom Units: In the event of a
cessation of the Participant’s Service for any reason, all Phantom Units that have not vested prior to or in connection with such cessation of Service shall, subject to Section 3(b) below, thereupon automatically be forfeited by the
Participant without further action and for no consideration. 
 Payment of Phantom Units: Vested Phantom Units shall be paid to the
Participant in the form of Units as set forth in Section 4 below. 
 TERMS AND CONDITIONS OF PHANTOM UNITS 

1. Grant. The Company hereby grants to the Participant, as of the Grant Date, an award of
[                    ] Phantom Units, subject to all of the terms and conditions contained in this Agreement and the Program. 

2. Phantom Units. Subject to Section 3 below, each Phantom Unit that vests shall represent the right to receive payment, in accordance with
Section 4 below, in the form of one (1) Unit. Unless and until a Phantom Unit vests, the Participant will have no right to payment in respect of such Phantom Unit. Prior to actual payment in respect of any vested Phantom Unit, such
Phantom Unit will represent an unsecured obligation of the Partnership, payable (if at all) only from the general assets of the Partnership. 
 3.
Vesting and Forfeiture. 
 (a) Vesting. Subject to Section 3(c) below, the Phantom Units shall vest in such amounts
and at such times as are set forth in the Grant Notice above. 
 (b) Accelerated Vesting. Subject to Section 3(c) below,
the Phantom Units shall vest in full upon the occurrence of any of the following events: 
 (i) Termination for Any
Reason. If, at any time prior to the final Vesting Date, the Participant’s employment with the Partnership Entities or membership on the Board, as applicable, is terminated for any reason other than the Participant’s death or
disability, then all Phantom Units granted pursuant to this Agreement that have not yet vested as of the date of the Participant’s termination shall become null and void as of the date of such termination, shall be forfeited to the Company and
the Participant shall cease to have any rights with respect thereto; provided, however, that the portion, if any, of the Phantom Units for which forfeiture restrictions have lapsed as of the Participant’s date of termination shall
survive.  
 (ii) Termination due to Death or Disability. If, at any time prior to the final Vesting
Date, the Participant’s employment with the Partnership Entities or membership on the Board, as applicable, is terminated by reason of the Participant’s death or disability, then all Phantom Units granted pursuant to this Agreement that
remain unvested as of the date of the Participant’s termination shall immediately become fully vested and nonforfeitable as of the date of such termination. 

  
 Specific Terms in this Exhibit have
been redacted because confidential treatment for those terms has been requested. The redacted material has been separately filed with the Securities and Exchange Commission, and the terms have been marked at the appropriate place with three
asterisks [***] 

 (iii) Change of Control. In the event of a Change of Control prior
to the final Vesting Date, except as otherwise provided in the Program, all restrictions described in Section 2 shall lapse and all Phantom Units granted pursuant to this Agreement shall become immediately vested and nonforfeitable. 

 (c) Forfeiture. Notwithstanding the foregoing, in the event of a cessation of the Participant’s service for any reason,
all Phantom Units that have not vested prior to or in connection with such cessation of service shall thereupon automatically be forfeited by the Participant without further action and without payment of consideration therefor. No portion of the
Phantom Units which has not become vested at the date of the Participant’s cessation of service shall thereafter become vested. Additionally, should the Partnership not meet the required Vesting Target on an annual basis then the number of
Phantom Units related to such Vesting Target shall automatically be forfeited without further action and without payment of consideration therefor. 

(d) Payment. Vested Phantom Units shall be subject to the payment provisions set forth in Section 4 below. 

(e) Confidentiality. the terms of this Agreement and all documents and information provided by the Partnership, Company or any
Affiliates of any of the foregoing to Participant are confidential and shall not be disclosed by Participant; provided, that Participant may disclose this Agreement to Participant’s immediate family members, accountants, attorneys and similar
advisors who are bound by a duty of confidentiality and as may be required by applicable law but Participant shall be responsible for any breach of confidentiality by any such persons. 

4. Payment of Phantom Units. 
 (a)
Phantom Units. Unpaid, vested Phantom Units shall be paid to the Participant in the form of Units in a lump-sum as soon as reasonably practical, but not later than sixty (60) days, following the date on which such Phantom Units vest.
Payments of any Phantom Units that vest in accordance herewith shall be made to the Participant (or in the event of the Participant’s death, to the Participant’s estate) in whole Units in accordance with this Section 4. In lieu
of the foregoing, the Committee may elect at its discretion to pay the Phantom Units in cash equal to the Fair Market Value of the Units that would otherwise be distributed as of the Vesting Date. 

(b) Potential Delay. Notwithstanding anything to the contrary in this Agreement, no amounts payable under this Agreement shall be paid
to the Participant prior to the expiration of the six (6)-month period following his “separation from service” (within the meaning of Treasury Regulation Section 1.409A-1(h)) (a “Separation from Service”) to the
extent that the Company determines that paying such amounts prior to the expiration of such six (6)-month period would result in a prohibited distribution under Section 409A(a)(2)(B)(i) of the Code. If the payment of any such amounts is delayed
as a 

  
 Specific Terms in this Exhibit have
been redacted because confidential treatment for those terms has been requested. The redacted material has been separately filed with the Securities and Exchange Commission, and the terms have been marked at the appropriate place with three
asterisks [***] 

 
result of the previous sentence, then on the first business day following the end of the applicable six (6)-month period (or such earlier date upon which such amounts can be paid under
Section 409A of the Code without resulting in a prohibited distribution, including as a result of the Participant’s death), such amounts shall be paid to the Participant. 

5. Tax Withholding. The Company and/or its Affiliates shall have the authority and the right to deduct or withhold, or to require the Participant to
remit to the Company and/or its Affiliates, an amount sufficient to satisfy all applicable federal, state and local taxes (including the Participant’s employment tax obligations) required by law to be withheld with respect to any taxable event
arising in connection with the Phantom Units. In satisfaction of the foregoing requirement, unless otherwise determined by the Committee, the Company and/or its Affiliates shall withhold Units otherwise issuable in respect of such Phantom Units
having a Fair Market Value equal to the sums required to be withheld. In the event that Units that would otherwise be issued in payment of the Phantom Units are used to satisfy such withholding obligations, the number of Units which shall be so
withheld shall be limited to the number of Units which have a Fair Market Value (which, in the case of a broker-assisted transaction, shall be determined by the Committee, consistent with applicable provisions of the Code) on the date of withholding
equal to the aggregate amount of such liabilities based on the minimum statutory withholding rates for federal, state, local and foreign income tax and payroll tax purposes that are applicable to such supplemental taxable income. 

6. Rights as Unit Holder. Neither the Participant nor any person claiming under or through the Participant shall have any of the rights or privileges
of a holder of Units in respect of any Units that may become deliverable hereunder unless and until certificates representing such Units shall have been issued or recorded in book entry form on the records of the Partnership or its transfer agents
or registrars, and delivered in certificate or book entry form to the Participant or any person claiming under or through the Participant. 
 7.
Non-Transferability. Neither the Phantom Units nor any right of the Participant under the Phantom Units may be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by the Participant (or any permitted
transferee) other than by will or the laws of descent and distribution and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the Company, the Partnership and any of
their Affiliates. 
 8. Distribution of Units. Unless otherwise determined by the Committee or required by any applicable law, rule or regulation,
neither the Company nor the Partnership shall deliver to the Participant certificates evidencing Units issued pursuant to this Agreement and instead such Units shall be recorded in the books of the Partnership (or, as applicable, its transfer agent
or equity plan administrator). All certificates for Units issued pursuant to this Agreement and all Units issued pursuant to book entry procedures hereunder shall be subject to such stop transfer orders and other restrictions as the Company may deem
advisable under the Program or the rules, regulations, and other requirements of the SEC, any stock exchange upon which such Units are then listed, and any applicable federal or state laws, and the Company may cause a legend or legends to be
inscribed on any such certificates or book entry to make appropriate reference to such restrictions. In addition to the terms and conditions provided herein, the Company may 

  
 Specific Terms in this Exhibit have
been redacted because confidential treatment for those terms has been requested. The redacted material has been separately filed with the Securities and Exchange Commission, and the terms have been marked at the appropriate place with three
asterisks [***] 

 
require that the Participant make such covenants, agreements, and representations as the Company, in its sole discretion, deems advisable in order to comply with any such laws, regulations, or
requirements. No fractional Units shall be issued or delivered pursuant to the Phantom Units and the Committee shall determine whether cash, other securities, or other property shall be paid or transferred in lieu of fractional Units or whether such
fractional Units or any rights thereto shall be canceled, terminated, or otherwise eliminated. 
 9. Partnership Agreement. Units issued upon payment
of the Phantom Units shall be subject to the terms of the Program and the Partnership Agreement. Upon the issuance of Units to the Participant, the Participant shall, automatically and without further action on his or her part, (i) be admitted
to the Partnership as a Limited Partner (as defined in the Partnership Agreement) with respect to the Units, and (ii) become bound, and be deemed to have agreed to be bound, by the terms of the Partnership Agreement. 

10. No Effect on Service. Nothing in this Agreement or in the Program shall be construed as giving the Participant the right to be retained in the
employ or service of the Company or any Affiliate thereof. Furthermore, the Company and its Affiliates may at any time dismiss the Participant from employment or consulting free from any liability or any claim under the Program or this Agreement,
unless otherwise expressly provided in the Program, this Agreement or any other written agreement between the Participant and the Company or an Affiliate thereof. 

11. Severablility. If any provision of this Agreement is or becomes or is deemed to be invalid, illegal, or unenforceable in any jurisdiction, such
provision shall be construed or deemed amended to conform to the applicable law or, if it cannot be construed or deemed amended without, in the determination of the Committee, materially altering the intent of this Agreement, such provision shall be
stricken as to such jurisdiction, and the remainder of this Agreement shall remain in full force and effect. 
 12. Tax Consultation. None of the
Board, the Committee, the Company nor the Partnership has made any warranty or representation to Participant with respect to the income tax consequences of the issuance of the Phantom Units, the Units or the transactions contemplated by this
Agreement, and the Participant represents that he or she is in no manner relying on such entities or their representatives for tax advice or an assessment of such tax consequences. The Participant understands that the Participant may suffer adverse
tax consequences in connection with the Phantom Units granted pursuant to this Agreement. The Participant represents that the Participant has consulted with any tax consultants that the Participant deems advisable in connection with the Phantom
Units. 
 13. Amendments, Suspension and Termination. To the extent permitted by the Program, this Agreement may be wholly or partially amended or
otherwise modified, suspended or terminated at any time or from time to time by the Board or the Committee. Except as provided in the preceding sentence, this Agreement cannot be modified, altered or amended, except by an agreement, in writing,
signed by both the Partnership and the Participant. 
 14. Lock-Up Agreement. The Participant shall agree, if so requested by the Company or the
Partnership and any underwriter in connection with any public offering of securities of the Partnership or any Affiliate thereof, not to directly or indirectly offer, sell, contract to sell, sell 

  
 Specific Terms in this Exhibit have
been redacted because confidential treatment for those terms has been requested. The redacted material has been separately filed with the Securities and Exchange Commission, and the terms have been marked at the appropriate place with three
asterisks [***] 

 
any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant for the sale of or otherwise dispose of or transfer any Units held by him or her
for such period, not to exceed one hundred eighty (180) days following the effective date of the relevant registration statement filed under the Securities Act of 1933, as amended, (the “Securities Act”) in connection with such public
offering, as such underwriter shall specify reasonably and in good faith. The Company or the Partnership may impose stop-transfer instructions with respect to securities subject to the foregoing restrictions until the end of such 180-day period.
Notwithstanding the foregoing, the 180-day period may be extended in the discretion of the Company for up to such number of additional days as is deemed necessary by such underwriter or the Company or Partnership to continue coverage by research
analysts in accordance with FINRA Rule 2711 or any successor or other applicable rule. 
 15. Conformity to Securities Laws. The Participant
acknowledges that the Program and this Agreement are intended to conform to the extent necessary with all provisions of the Securities Act and the Exchange Act, any and all regulations and rules promulgated by the SEC thereunder, and all applicable
state securities laws and regulations. Notwithstanding anything herein to the contrary, the Program shall be administered, and the Phantom Units are granted, only in such a manner as to conform to such laws, rules and regulations. To the extent
permitted by applicable law, the Program and this Agreement shall be deemed amended to the extent necessary to conform to such laws, rules and regulations. 

16. Code Section 409A. None of the Phantom Units or any amounts paid pursuant to this Agreement are intended to constitute or provide for a
deferral of compensation that is subject to Section 409A of the Code. Nevertheless, to the extent that the Committee determines that the Phantom Units may not be exempt from (or compliant with) Section 409A of the Code, the Committee may
(but shall not be required to) amend this Agreement in a manner intended to comply with the requirements of Section 409A of the Code or an exemption therefrom (including amendments with retroactive effect), or take any other actions as it deems
necessary or appropriate to (a) exempt the Phantom Units from Section 409A of the Code and/or preserve the intended tax treatment of the benefits provided with respect to the Phantom Units, or (b) comply with the requirements of
Section 409A of the Code. To the extent applicable, this Agreement shall be interpreted in accordance with the provisions of Section 409A of the Code. Notwithstanding anything in this Agreement to the contrary, to the extent that any
payment or benefit hereunder constitutes non-exempt “nonqualified deferred compensation” for purposes of Section 409A of the Code, and such payment or benefit would otherwise be payable or distributable hereunder by reason of the
Participant’s cessation of Service, all references to the Participant’s cessation of Service shall be construed to mean a Separation from Service, and the Participant shall not be considered to have a cessation of Service unless such
cessation constitutes a Separation from Service with respect to the Participant. 
 17. Adjustments; Clawback. The Participant acknowledges that the
Phantom Units are subject to modification and forfeiture in certain events as provided in this Agreement and Section 7 of the Program. The Participant further acknowledges that the Phantom Units and Units issuable hereunder, whether vested or
unvested and whether or not previously issued, are subject to clawback as provided in Section 8(o) of the Program. 

  
 Specific Terms in this Exhibit have
been redacted because confidential treatment for those terms has been requested. The redacted material has been separately filed with the Securities and Exchange Commission, and the terms have been marked at the appropriate place with three
asterisks [***] 

 18. Successors and Assigns. The Company or the Partnership may assign any of its rights under this
Agreement to single or multiple assignees, and this Agreement shall inure to the benefit of the successors and assigns of the Company and the Partnership. Subject to the restrictions on transfer contained herein, this Agreement shall be binding upon
the Participant and his or her heirs, executors, administrators, successors and assigns. 
 19. Governing Law. The validity, construction, and effect
of this Agreement and any rules and regulations relating to this Agreement shall be determined in accordance with the laws of the State of Delaware without regard to its conflicts of laws principles. 

20. Headings. Headings are given to the sections and subsections of this Agreement solely as a convenience to facilitate reference. Such headings shall
not be deemed in any way material or relevant to the construction or interpretation of this Agreement or any provision hereof. 

[Signature page follows] 

  
 Specific Terms in this Exhibit have
been redacted because confidential treatment for those terms has been requested. The redacted material has been separately filed with the Securities and Exchange Commission, and the terms have been marked at the appropriate place with three
asterisks [***] 

 The Participant’s signature below indicates the Participant’s agreement with and understanding that
this award is subject to all of the terms and conditions contained in the Program and in this Agreement, and that, in the event that there are any inconsistencies between the terms of the Program and the terms of this Agreement, the terms of the
Program shall control. The Participant further acknowledges that the Participant has read and understands the Program and this Agreement, which contains the specific terms and conditions of this grant of Phantom Units. The Participant hereby agrees
to accept as binding, conclusive and final all decisions or interpretations of the Committee upon any questions arising under the Program or this Agreement. 
  

			
	 Mid-Con Energy Partners GP, LLC
 a
Delaware limited liability company

		
	By:	 	  

		
	Name:	 	  

		
	Title:	 	  

	
	 Mid-Con Energy Partners, LP
 a
Delaware limited partnership

		
	By:	 	Mid-Con Energy Partners GP, LLC
		 	Its General Partner
		
	By:	 	  

		
	Name:	 	  

		
	Title:	 	  

	
	“PARTICIPANT”
	  

		
	Name:	 	  

  
 Specific Terms in this Exhibit have
been redacted because confidential treatment for those terms has been requested. The redacted material has been separately filed with the Securities and Exchange Commission, and the terms have been marked at the appropriate place with three
asterisks [***]

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