Form of Inducement Grant for Directors] SEITEL, INC. RESTRICTED STOCK AWARD AGREEMENT FOR NON-EMPLOYEE DIRECTORSRestricted Stock Agreement • February 14th, 2005 • Seitel Inc • Oil & gas field exploration services • Delaware
Contract Type FiledFebruary 14th, 2005 Company Industry JurisdictionTHIS RESTRICTED STOCK AGREEMENT (this "Agreement") is made and entered into by and between Seitel, Inc., a Delaware corporation (the "Company"), and ___________________________ ("Grantee"), a member of the board of directors of the Company (the "Board") effective as of the grant date shown in Appendix A attached hereto.
SEITEL, INC. RESTRICTED STOCK AWARD AGREEMENT FOR NON-EMPLOYEE DIRECTORSRestricted Stock Agreement • February 14th, 2005 • Seitel Inc • Oil & gas field exploration services • Delaware
Contract Type FiledFebruary 14th, 2005 Company Industry JurisdictionTHIS RESTRICTED STOCK AGREEMENT (this "Agreement") is made and entered into by and between Seitel, Inc., a Delaware corporation (the "Company"), and ___________________________ ("Grantee"), a member of the board of directors of the Company (the "Board") effective as of the grant date shown in Appendix A attached hereto pursuant to the Seitel, Inc. 2004 Stock Option Plan (the "Plan") The Plan is incorporated herein by reference in its entirety. Capitalized terms not otherwise defined in this Agreement shall have the meaning given such terms as defined in the Plan.