0000318996-17-000005 Sample Contracts

AMENDED AND RESTATED CHANGE OF CONTROL AGREEMENT
Change of Control Agreement • March 2nd, 2017 • Key Energy Services Inc • Oil & gas field services, nec • Texas

THIS AMENDED AND RESTATED CHANGE OF CONTROL AGREEMENT (the “Agreement”) dated as of January 31, 2017 (the “Effective Date”) is hereby made between Key Energy Services, Inc. (the “Company”), with its principal offices located at 1301 McKinney Street, Suite 1800, Houston, Texas and Eddie Picard (“Employee”), who agree as follows:

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RESTRICTED STOCK UNIT AWARD AGREEMENT
Restricted Stock Unit Award Agreement • March 2nd, 2017 • Key Energy Services Inc • Oil & gas field services, nec • Delaware

THIS AMENDED AND RESTATED PERFORMANCE-BASED/TIME-VESTED RESTRICTED STOCK UNIT AWARD AGREEMENT, including the Appendix attached hereto (this “Agreement”), dated as of [January __], 2017, is made by and between Key Energy Services, Inc., a Delaware corporation (the “Company”), and [NAME] (the “Participant”).

OPTION AWARD AGREEMENT
Performance-Based/Time-Vested Option Award Agreement • March 2nd, 2017 • Key Energy Services Inc • Oil & gas field services, nec • Delaware

THIS AMENDED AND RESTATED Performance-Based/Time-Vested OPTION AWARD AGREEMENT, including the Appendix attached hereto (this “Agreement”), dated as of [January __], 2017, is made by and between Key Energy Services, Inc., a Delaware corporation (the “Company”), and [NAME] (the “Participant”).

KEY ENERGY SERVICES, INC. AMENDED AND RESTATED RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • March 2nd, 2017 • Key Energy Services Inc • Oil & gas field services, nec • Delaware

THIS AMENDED AND RESTATED RESTRICTED STOCK AWARD AGREEMENT (this “Agreement”), dated as of February 1, 2017, is made by and between Key Energy Services, Inc., a Delaware corporation (the “Company”), and [NAME OF DIRECTOR] (the “Participant”).

INDEMNIFICATION AGREEMENT
Indemnification Agreement • March 2nd, 2017 • Key Energy Services Inc • Oil & gas field services, nec • Delaware

THIS INDEMNIFICATION AGREEMENT (this “Agreement”) is entered into, effective as of February 27, 2017 between Key Energy Services, Inc., a Delaware corporation (the “Company”), and _______________ (“Indemnitee”).

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