0000950123-10-006215 Sample Contracts

PRIDE INTERNATIONAL, INC. 2007 LONG-TERM INCENTIVE PLAN NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • January 28th, 2010 • Pride International Inc • Drilling oil & gas wells • Texas

This option agreement (“Option Agreement” or “Agreement”) executed between PRIDE INTERNATIONAL, INC. (the “Company”), and _______________ (the “Optionee”), an employee of the Company or one of its Subsidiaries, regarding a right (the “Option”) awarded to the Optionee on _______________ (the “Grant Date”) to purchase from the Company up to but not exceeding in the aggregate ____________ shares of Common Stock (as defined in the Pride International, Inc. 2007 Long-Term Incentive Plan (the “Plan”)) at $___.___ per share (the “Grant Price”), such number of shares and such price per share being subject to adjustment as provided in the Plan, and further subject to the Optionee’s timely execution and return of the attached “Acceptance Form” and the following terms and conditions:

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PRIDE INTERNATIONAL, INC. 2007 LONG-TERM INCENTIVE PLAN PERFORMANCE-BASED RESTRICTED STOCK UNIT AGREEMENT
Performance-Based Restricted Stock Unit Agreement • January 28th, 2010 • Pride International Inc • Drilling oil & gas wells • Texas

This Performance-Based Restricted Stock Unit Agreement (“Agreement”) between PRIDE INTERNATIONAL, INC. (the “Company”) and (the “Grantee”), an employee of the Company or one of its Subsidiaries, regarding an award (“Award”) of Target Restricted Stock Units (as defined herein) representing Common Stock (as defined in the Pride International, Inc. 2007 Long-Term Incentive Plan (the “Plan”)) awarded to the Grantee on (the “Grant Date”), such number of Target Restricted Stock Units subject to adjustment as provided in Section 16 of the Plan, and further subject to the Grantee’s timely execution and return of the attached “Acceptance Form” and the following terms and conditions:

PRIDE INTERNATIONAL, INC. 2007 LONG-TERM INCENTIVE PLAN RESTRICTED STOCK UNIT AGREEMENT
Restricted Stock Unit Agreement • January 28th, 2010 • Pride International Inc • Drilling oil & gas wells • Texas

This Restricted Stock Unit Agreement (“Agreement”) between PRIDE INTERNATIONAL, INC. (the “Company”) and (the “Grantee”), an employee of the Company or one of its Subsidiaries, regarding an award (“Award”) of units representing Common Stock (as defined in the Pride International, Inc. 2007 Long-Term Incentive Plan (the “Plan”), such units referred to herein as “Restricted Stock Units”) awarded to the Grantee on (the “Grant Date”), such number of Restricted Stock Units subject to adjustment as provided in Section 16 of the Plan, and further subject to the Grantee’s timely execution and return of the attached “Acceptance Form” and the following terms and conditions:

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