SEC Contract Filing

Filing Date: 2016-03-03

Document Content:
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<TYPE>EX-10.19
<SEQUENCE>5
<FILENAME>cpe-20151231ex10194ba10.htm
<DESCRIPTION>EX-10.19
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 Exh1019_Phantom_Share_Award_Agreement
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 <a name="_GoBack"></a><font style="display: inline;">E</font><font style="display: inline;">xhibit 10.</font><font style="display: inline;">19</font>
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 <font style="display: inline;">CALLON</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">PETROLEUM</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">COMPANY</font>
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 <font style="display: inline;">PHANTOM </font><font style="display: inline;">SHARE</font><font style="display: inline;"> AWARD AGREEMENT</font>
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 <font style="display: inline;font-weight:bold;">Grantee</font><font style="display: inline;">:&nbsp; </font><font style="display: inline;">__________</font>
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 <font style="display: inline;font-weight:bold;font-family:Times New Roman;">1.</font><font style="display: inline;font-weight:bold;font-family:Times New Roman;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;font-family:Times New Roman;"></font><font style="display: inline;font-weight:bold;text-decoration:underline;">Grant of Phantom Shares</font><font style="display: inline;">.&nbsp;&nbsp;As of the Grant Date (identified in </font><font style="display: inline;text-decoration:underline;">Section&nbsp;12</font><font style="display: inline;"> below), Callon Petroleum Company (the &#x201C;</font><font style="display: inline;font-weight:bold;">Company</font><font style="display: inline;">&#x201D;), hereby grants </font><font style="display: inline;">______</font><font style="display: inline;"> Phantom </font><font style="display: inline;">Shares</font><font style="display: inline;"> (&#x201C;</font><font style="display: inline;font-weight:bold;">Phantom</font><font style="display: inline;">&nbsp;</font><font style="display: inline;font-weight:bold;">Shares</font><font style="display: inline;">&#x201D;) to the Grantee identified above, a key employee of the Company, subject to the terms and conditions of this agreement (the &#x201C;</font><font style="display: inline;font-weight:bold;">Agreement</font><font style="display: inline;">&#x201D;) and the Callon Petroleum Company 201</font><font style="display: inline;">1</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Omnibus Incentive</font><font style="display: inline;"> Plan</font><font style="display: inline;">, as amended</font><font style="display: inline;"> (the &#x201C;</font><font style="display: inline;font-weight:bold;">Plan</font><font style="display: inline;">&#x201D;).&nbsp;&nbsp;The Plan is hereby incorporated in its entirety into this Agreement by this reference.&nbsp;&nbsp;This Agreement is an Incentive Agreement as described in the Plan.&nbsp; </font>
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 <font style="display: inline;font-weight:bold;font-family:Times New Roman;">2.</font><font style="display: inline;font-weight:bold;font-family:Times New Roman;;font-size: 12pt;font-family:Times New Roman;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;font-family:Times New Roman;"></font><font style="display: inline;font-weight:bold;text-decoration:underline;">Definitions</font><font style="display: inline;">.&nbsp;&nbsp;All capitalized terms used herein shall have the meanings set forth in the Plan unless otherwise specifically defined herein.</font>
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