0000950123-10-054720 Sample Contracts

FORM OF EXECUTIVE ANNUAL STOCK INCENTIVE PERFORMANCE UNIT AGREEMENT (Goal Based; One Calendar Year Performance Period)
Performance Unit Agreement • June 1st, 2010 • Global Industries LTD • Oil & gas field services, nec • Texas

To carry out the purposes of the GLOBAL INDUSTRIES, LTD. 2005 STOCK INCENTIVE PLAN (the “Plan”) and in consideration of services performed by Participant and the mutual agreements and other matters set forth herein and in the Plan, the Company and the Participant hereby agree as follows:

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FORM OF EXECUTIVE LONG-TERM INCENTIVE PERFORMANCE UNIT AGREEMENT (EPS Based)
Performance Unit Agreement • June 1st, 2010 • Global Industries LTD • Oil & gas field services, nec • Texas

To carry out the purposes of the GLOBAL INDUSTRIES, LTD. 2005 STOCK INCENTIVE PLAN (the “Plan”) and in consideration of services performed by Participant and the mutual agreements and other matters set forth herein and in the Plan, the Company and the Participant hereby agree as follows:

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