Amendment No. 1 to Battalion Oil Corporation 2020 Long-Term Incentive Plan

Summary

Battalion Oil Corporation has amended its 2020 Long-Term Incentive Plan, as approved by its Board of Directors and stockholders. The amendment increases the total number of shares of common stock available for awards under the plan to 1,805,284. All other terms of the plan remain unchanged. This amendment is effective as of June 8, 2021.

EX-10.1.1 2 batl-20210608xex10d1d1.htm EX-10.1.1 Amend No. 1 to 2020 BATL LTIP

AMENDMENT NO. 1

TO THE

BATTALION OIL CORPORATION

2020 LONG-TERM INCENTIVE PLAN

This Amendment No. 1 to the Battalion Oil Corporation 2020 Long-Term Incentive Plan (the “Plan”) was approved and adopted by the Board of Directors of Battalion Oil Corporation (the “Company”) on April 13, 2021, subject to approval by the stockholders of the Company, which was obtained on June 8, 2021. Accordingly, the Plan is hereby amended, effective as of June 8, 2021, as follows:

1.The first sentence of Section 1.3 of the Plan is hereby deleted in its entirety and replaced with the following:

“Subject to the limitations set forth herein, Awards may be made under this Plan for a total of 1,805,284 shares of the Company's Common Stock.”

In all other respects, the Plan remains unchanged and in full force and effect.

IN WITNESS WHEREOF, this Amendment No. 1 to the Plan has been executed to be effective as of June 8, 2021.

	Battalion Oil Corporation


	By:	/s/ Richard H. Little
		Richard H. Little
		Chief Executive Officer