0000320575-14-000043 Sample Contracts

LONG-TERM INCENTIVE CASH AWARD AGREEMENT
Long-Term Incentive Cash Award Agreement • July 31st, 2014 • Pioneer Energy Services Corp • Drilling oil & gas wells • Texas

THIS LONG-TERM INCENTIVE CASH AWARD AGREEMENT (this “Agreement”) is made as of <<Date>>, by and between Pioneer Energy Services Corp (the “Company”) and <<Name>> (the “Employee”) pursuant to the Amended and Restated Pioneer Energy Services Corp 2007 Incentive Plan (the “Plan”), as amended. Certain capitalized terms used in this Agreement are defined in Section 7.

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STOCK OPTION AGREEMENT
Stock Option Agreement • July 31st, 2014 • Pioneer Energy Services Corp • Drilling oil & gas wells • Texas

THIS STOCK OPTION AGREEMENT (this “Agreement”) is made by and between Pioneer Energy Services Corp. (the “Company”), and «Name» (the “Optionee”) as of the <<Date>>, pursuant to the Amended and Restated Pioneer Energy Services Corp. 2007 Long-Term Incentive Plan (the “Plan”), which is incorporated by reference herein in its entirety.

RESTRICTED STOCK UNIT AGREEMENT
Restricted Stock Unit Agreement • July 31st, 2014 • Pioneer Energy Services Corp • Drilling oil & gas wells • Texas

THIS RESTRICTED STOCK UNIT AGREEMENT (this “Agreement”) is made as of <<Date>>, by and between Pioneer Energy Services Corp (the “Company”) and <<Name>> (the “Employee”) pursuant to the Amended and Restated Pioneer Energy Services Corp 2007 Long-Term Incentive Plan (the “Plan”), as amended. Certain capitalized terms used in this Agreement are defined in Section 7.

LONG-TERM INCENTIVE RESTRICTED STOCK UNIT AWARD AGREEMENT AMENDED AND RESTATED PIONEER ENERGY SERVICES CORP 2007 INCENTIVE PLAN
Long-Term Incentive Restricted Stock Unit Award Agreement • July 31st, 2014 • Pioneer Energy Services Corp • Drilling oil & gas wells • Texas

THIS LONG-TERM INCENTIVE RESTRICTED STOCK UNIT AWARD AGREEMENT (this “Agreement”) is made as of <<Date>> by and between Pioneer Energy Services Corp (the “Company”) and <<Name>> (the “Employee”) pursuant to the Amended and Restated Pioneer Energy Services Corp 2007 Long-Term Incentive Plan (the “Plan”), as amended. Certain capitalized terms used in this Agreement are defined in Section 8.

RESTRICTED STOCK AWARD AGREEMENT PIONEER ENERGY SERVICES CORP
Restricted Stock Award Agreement • July 31st, 2014 • Pioneer Energy Services Corp • Drilling oil & gas wells • Texas

THIS RESTRICTED STOCK AWARD AGREEMENT (the “Agreement”) is made by and between Pioneer Energy Services Corp, a Texas corporation (the “Company”), and <<Name>> (the “Recipient”) effective as of the <<Date>> (the “Grant Date”), pursuant to the Amended and Restated Pioneer Energy Services Corp 2007 Incentive Plan (the “Plan”), as amended, which is incorporated by reference herein in its entirety.

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