0000950123-10-046065 Sample Contracts

NOBLE CORPORATION NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • May 7th, 2010 • Noble Corp / Switzerland • Drilling oil & gas wells • Texas

WHEREAS, the committee (the “Committee”) acting under the Company’s 1991 Stock Option and Restricted Stock Plan, as amended (the “Plan”), has determined that it is desirable to grant a nonqualified stock option to Employee under the Plan;

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NOBLE CORPORATION PERFORMANCE-VESTED RESTRICTED STOCK UNIT AGREEMENT
Performance-Vested Restricted Stock Unit Agreement • May 7th, 2010 • Noble Corp / Switzerland • Drilling oil & gas wells • Texas

THIS AGREEMENT, made as of the _____ day of _____, 201_, by and between NOBLE CORPORATION, a Swiss corporation (the “Company”), and «First_Name» «MI» «Last_Name» (“Employee”);

NOBLE CORPORATION TIME-VESTED RESTRICTED STOCK UNIT AGREEMENT
Time-Vested Restricted Stock Unit Agreement • May 7th, 2010 • Noble Corp / Switzerland • Drilling oil & gas wells • Texas

WHEREAS, the committee (the “Committee”) acting under the Company’s 1991 Stock Option and Restricted Stock Plan, as amended (the “Plan”), has determined that it is desirable to award time-vested Restricted Stock Units (as defined in the Plan) to Employee pursuant to the Plan; and

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