NEWPARK RESOURCES, INC. PERFORMANCE-BASED CASH AWARD AGREEMENTCash Award Agreement • July 31st, 2019 • Newpark Resources Inc • Oil & gas field machinery & equipment • Delaware
Subject to the terms and conditions of this Performance-Based Cash Award Agreement (this "Cash Award Agreement"), the Newpark Resources, Inc. Amended and Restated 2015 Employee Equity Incentive Plan, as may be amended from time to time (the "2015 Equity Incentive Plan") and the Long-Term Cash Incentive Plan, a sub-plan to the 2015 Equity Incentive Plan, as may be amended from time to time (the "Cash Plan"), Newpark Resources, Inc., a Delaware corporation (the "Company"), hereby grants to the below individual (the "Participant") a Performance-Based Cash Award (the "Cash Award"). All capitalized terms not otherwise defined herein shall have the meanings set forth in the Cash Plan first and the 2015 Equity Incentive Plan second, and the terms of both the Cash Plan and the 2015 Equity Incentive Plan are incorporated herein by reference.
