STOCK OPTION AGREEMENT TERMS AND CONDITIONS (Rev. 2002)Stock Option Agreement • November 8th, 2002 • Varco International Inc /De/ • Oil & gas field services, nec • Texas
These Terms and Conditions constitute a part of the Stock Option Agreement, dated as of the date set forth on the Signature Page to Stock Option Agreement Terms and Conditions (Rev. 2002) made a part hereof (the “Signature Page”), concerning certain Options granted by Varco International, Inc., a Delaware corporation hereinafter referred to as “Company,” to the employee of the Company (or a Subsidiary of the Company) listed on the Signature Page, hereinafter referred to as “Optionee.” These Terms and Conditions and the Signature Page are collectively referred to as the “Agreement.”
