0000320575-15-000065 Sample Contracts

STOCK OPTION AGREEMENT
Stock Option Agreement • July 30th, 2015 • 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 Pioneer Energy Services Corp. Amended and Restated 2007 Incentive Plan (Effective May 21, 2015) (the “Plan”), which is incorporated by reference herein in its entirety.

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LONG-TERM INCENTIVE CASH AWARD AGREEMENT PIONEER ENERGY SERVICES CORP. AMENDED AND RESTATED 2007 INCENTIVE PLAN
Long-Term Incentive Cash Award Agreement • July 30th, 2015 • 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 Pioneer Energy Services Corp. Amended and Restated 2007 Incentive Plan (Effective May 21, 2015) (the “Plan”). Certain capitalized terms used in this Agreement are defined in Section 7.

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RESTRICTED STOCK UNIT AGREEMENT PIONEER ENERGY SERVICES CORP. AMENDED AND RESTATED 2007 INCENTIVE PLAN
Restricted Stock Unit Agreement • July 30th, 2015 • 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 Pioneer Energy Services Corp. Amended and Restated 2007 Incentive Plan (Effective May 21, 2015) (the “Plan). Certain capitalized terms used in this Agreement are defined in Section 7.

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LONG-TERM INCENTIVE RESTRICTED STOCK UNIT AWARD AGREEMENT PIONEER ENERGY SERVICES CORP. AMENDED AND RESTATED 2007 INCENTIVE PLAN
Long-Term Incentive Restricted Stock Unit Award Agreement • July 30th, 2015 • 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 Pioneer Energy Services Corp. Amended and Restated 2007 Incentive Plan (Effective May 21, 2015) (the “Plan”). Certain capitalized terms used in this Agreement are defined in Section 8.

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RESTRICTED STOCK AWARD AGREEMENT PIONEER ENERGY SERVICES CORP. AMENDED AND RESTATED 2007 INCENTIVE PLAN
Restricted Stock Award Agreement • July 30th, 2015 • 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 Pioneer Energy Services Corp. Amended and Restated 2007 Incentive Plan (Effective May 21, 2015) (the “Plan”), which is incorporated by reference herein in its entirety.

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