SEC Contract Filing

Filing Date: 2016-01-05

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>5
<FILENAME>f8k122915ex10i_lilisenergy.htm
<DESCRIPTION>VOTING AGREEMENT, DATED AS OF DECEMBER 29, 2015 BETWEEN LILIS ENERGY, INC., LILIS MERGER SUB, INC., BRUSHY RESOURCES, INC. AND SOSVENTURES, LLC
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 10.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>VOTING
AGREEMENT</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2pt; text-indent: 34pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
VOTING AGREEMENT (the &ldquo;<U>Agreement</U>&rdquo;) is made and entered into as of this 29th day of December, 2015,
by and among Lilis Energy, Inc., a Nevada corporation (&ldquo;<U>Lilis</U>&rdquo;), Lilis Merger Sub, Inc., a Delaware corporation
and a wholly-owned subsidiary of Lilis (&ldquo;<U>Merger Sub</U>&rdquo;), Brushy Resources, Inc., a Delaware corporation (&ldquo;<U>Brushy</U>&rdquo;),
and SOSventures, LLC (the &ldquo;<U>Stockholder</U>&rdquo;).</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>WITNESSETH:</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
concurrently with the execution of this Agreement, Brushy, Lilis, and Merger Sub, have entered into an Agreement and Plan of Merger
(as the same may be amended from time to time, the &ldquo;<U>Merger Agreement</U>&rdquo;), which provides, among other things,
that Merger Sub will be merged with and into Brushy (the &ldquo;<U>Merger</U>&rdquo;), with Brushy surviving the Merger as a wholly
owned direct subsidiary of Lilis;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
as of the date hereof, the Stockholder is the Beneficial Owner or record owner of the number Shares (as defined below) as set
forth on the signature page hereto;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
it is a condition to the consummation of the Merger that Brushy obtain the affirmative vote of the holders of a majority of the
outstanding Shares for (i) the adoption of the Merger Agreement and (ii) the approval of the Merger and the other transactions
contemplated by the Merger Agreement; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WHEREAS,
as a condition to the willingness of Brushy, Lilis and Merger Sub to enter into the Merger Agreement, and in order to induce Brushy,
Lilis and Merger Sub to enter into the Merger Agreement, the Stockholder has agreed to enter into this Agreement.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">NOW,
THEREFORE, in consideration of the premises and of the mutual agreements and covenants set forth herein and in the Merger Agreement
and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, and intending to be
legally bound hereby, the parties hereto agree as follows:</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ARTICLE I</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>DEFINITIONS</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><F