Common Contracts

Contract

Performance Share Grant Agreement • February 29th, 2012 • Babcock & Wilcox Co • Engines & turbines

• Contract Type
  Performance Share Grant Agreement
• Filed
  February 29th, 2012
• Company
  Babcock & Wilcox Co
• Industry
  Engines & turbines

Effective [insert date] (the “Date of Grant”), the Compensation Committee of the Board of Directors (the “Committee”) of The Babcock & Wilcox Company ( “B&W”) awarded you a grant of performance shares (“Performance Shares”) under the 2010 Long-Term Incentive Plan of B&W, as amended and restated February 22, 2011 (the “Plan”). The provisions of the Plan are incorporated herein by reference.

B&W PERFORMANCE SHARE GRANT AGREEMENT (2011)

Performance Share Grant Agreement • March 1st, 2011 • Babcock & Wilcox Co • Engines & turbines

• Contract Type
  Performance Share Grant Agreement
• Filed
  March 1st, 2011
• Company
  Babcock & Wilcox Co
• Industry
  Engines & turbines

Effective , 2011 (the “Date of Grant”), the Compensation Committee of the Board of Directors (the “Committee”) of The Babcock & Wilcox Company ( “B&W”) awarded you a grant of performance shares (“Performance Shares”) under the 2010 Long-Term Incentive Plan of B&W, as amended and restated February 22, 2011 (the “Plan”). The provisions of the Plan are incorporated herein by reference.