0000076321-15-000009 Sample Contracts

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EMPLOYMENT AGREEMENT
Employment Agreement • February 25th, 2015 • Parker Drilling Co /De/ • Drilling oil & gas wells • Texas

THIS EMPLOYMENT AGREEMENT (the "Agreement") is made and entered into as of December 6, 2010 (the "Effective Date"), by and between PARKER DRILLING COMPANY, a Delaware corporation (the "Company"), and PHILIP AGNEW ("Executive"), an employee of the Company. The Company and Executive may sometimes hereafter be referred to singularly as a "Party" or collectively as the "Parties." Defined terms shall have the meanings ascribed to them in Appendix A of the Agreement.

PARKER DRILLING COMPANY RESTRICTED STOCK UNIT INCENTIVE AGREEMENT
Restricted Stock Unit Incentive Agreement • February 25th, 2015 • Parker Drilling Co /De/ • Drilling oil & gas wells • Texas

THIS RESTRICTED STOCK UNIT INCENTIVE AGREEMENT (this “Agreement”) is made and entered into by and between Parker Drilling Company, a Delaware corporation (the “Company”), and ___________________, an individual and employee of the Company (“Grantee”), as of the _____ day of __________, 20__ (the “Grant Date”), subject to the terms and conditions of the Parker Drilling Company 2010 Long-Term Incentive Plan, as Amended and Restated, as it may be further amended from time to time thereafter (the “Plan”). The Plan is hereby incorporated herein in its entirety its by this reference. Capitalized terms not otherwise defined in this Agreement shall have the meaning given to such terms in the Plan.

PARKER DRILLING COMPANY PERFORMANCE STOCK UNIT AWARD INCENTIVE AGREEMENT
Performance Stock Unit Award Incentive Agreement • February 25th, 2015 • Parker Drilling Co /De/ • Drilling oil & gas wells • Texas

THIS PERFORMANCE STOCK UNIT AWARD INCENTIVE AGREEMENT (this “Agreement”) is made and entered into by and between Parker Drilling Company, a Delaware corporation (the “Company”), and _______________, an individual and employee of the Company (“Grantee”), as of the _____ day of __________, 20__ (the “Grant Date”), subject to the terms and conditions of the Parker Drilling Company 2010 Long-Term Incentive Plan, as Amended and Restated, as it may be further amended from time to time thereafter (the “Plan”). The Plan is hereby incorporated herein in its entirety by this reference. Capitalized terms not otherwise defined in this Agreement shall have the meaning given to such terms in the Plan.

First Amendment
Employment Agreement • February 25th, 2015 • Parker Drilling Co /De/ • Drilling oil & gas wells

WHEREAS, Parker Drilling Company, a Delaware corporation (the "Company") and Philip Agnew (the "Executive") have entered into an Employment Agreement, effective as of December 6, 2010 (the "Employment Agreement");

PARKER DRILLING COMPANY PERFORMANCE CASH UNIT AWARD INCENTIVE AGREEMENT
Performance Cash Unit Award Incentive Agreement • February 25th, 2015 • Parker Drilling Co /De/ • Drilling oil & gas wells • Texas

THIS PERFORMANCE CASH UNIT AWARD INCENTIVE AGREEMENT (this “Agreement”) is made and entered into by and between Parker Drilling Company, a Delaware corporation (the “Company”), and _______________, an individual and employee of the Company (“Grantee”), as of the ____ day of _____________, 20__ (the “Grant Date”), subject to the terms and conditions of the Parker Drilling Company 2010 Long-Term Incentive Plan, as Amended and Restated, as it may be further amended from time to time thereafter (the “Plan”). The Plan is hereby incorporated herein in its entirety by this reference. Capitalized terms not otherwise defined in this Agreement shall have the meaning given to such terms in the Plan.

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