CRIMSON EXPLORATION INC.
2005 STOCK INCENTIVE PLAN
STOCK OPTION AGREEMENT
This Stock Option Agreement (the “ Agreement ”) is made and entered into as of the Date of Grant set
forth below by and between Crimson Exploration Inc., a Delaware corporation (the “ Company ”), and the
Participant named below. This Agreement represents a distribution to the Participant pursuant to the Company’s
Long Term Incentive Performance Plan for the fiscal year ending December 31, 2008. Unless otherwise indicated
herein, capitalized terms not defined herein shall have the meaning ascribed to them in the Company’s 2005 Stock
Incentive Plan, as amended and restated effective as of August 15, 2008 (the “ Plan ”).
1. Grant of Option . The Company hereby grants to Participant an option (this “ Option ”) to
purchase the total number of shares of Common Stock of the Company set forth above as Total Option Shares
(the “ Shares ”) at the Exercise Price Per Share set forth above (the “ Exercise Price ”), subject to all of the terms
and conditions of this Agreement and the Plan. If designated as an Incentive Stock Option above, the Option is
intended to qualify as an incentive stock option (an “ ISO ”) within the meaning of Section 422 of the Code,
although the Company makes no representation or guarantee that such Option will qualify as an ISO.
2.1. Regular Vesting . Unless expired as provided in Section 3 of this Agreement, this Option
may be exercised from time to time after the Date of Grant set forth above to the extent the Option has vested in
accordance with the vesting schedule set forth below. The Shares issued upon exercise of the Option will be
subject to the restrictions on transfer set forth in Section 11 below. Provided Participant continues to provide
Continuous Service to the Company or any Affiliate, the Option will become vested and exercisable with
Social Security Number:
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