BAKER HUGHES INCORPORATED DIRECTOR RESTRICTED STOCK UNIT AWARD AGREEMENT AwardeeRestricted Stock Unit Award Agreement • February 8th, 2017 • Baker Hughes Inc • Oil & gas field machinery & equipment
The Board of Directors (the “Board”) of Baker Hughes Incorporated, a Delaware corporation (the “Company”), pursuant to the Baker Hughes Incorporated 2002 Director & Officer Long-Term Incentive Plan (the “Plan”), hereby awards to you, the above-named awardee, effective as of the Date of Award set forth above (the “Date of Award”), that number of restricted stock units (the “Restricted Stock Units”) set forth above, on the following terms and conditions:
December 30, 2016Baker Hughes Inc • February 8th, 2017 • Oil & gas field machinery & equipment • Texas
In connection with the transactions (collectively referred to as the “Merger”) contemplated by the Transaction Agreement and Plan of Merger (the “Merger Agreement”), dated as of October 30, 2016 among General Electric Company (“GE”), Baker Hughes Incorporated (hereinafter referred to as the “Company”) and certain subsidiaries of the Company, this letter agreement (“Agreement”) sets forth certain agreements and understandings regarding, among other things, your termination of employment following the closing of the Merger.
