0000950123-10-096570 Sample Contracts

Contract
Adoption Agreement • October 27th, 2010 • Gulfmark Offshore Inc • Oil & gas field machinery & equipment

NOTE: Execution of this Adoption Agreement creates a legal liability of the Employer with significant tax consequences to the Employer and Participants. The Employer should obtain legal and tax advice from its professional advisors before adopting the Plan. Principal Life Insurance Company disclaims all liability for the legal and tax consequences which result from the elections made by the Employer in this Adoption Agreement.

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Contract
Nonqualified Plan Participation Agreement • October 27th, 2010 • Gulfmark Offshore Inc • Oil & gas field machinery & equipment

Form 1 The Nonqualified Plan Participation Agreement Step 1 Participant Information and Acceptance of the PlanNonqualified Plan Participation Agreement This Nonqualified Plan Participation Agreement (Agreement) is entered into by and between GM Offshore, Inc., having its principal place of business at 10111 Richmond Avenue, Suite 340, Houston, TX 77042 (hereinafter the Employer) and First Name M.I. Last NameSocial Security Number Date of Birth (hereinafter the Participant) The Employer has previously adopted Nonqualified Excess Plan of GM Offshore, Inc. (hereinafter the Plan) primarily for the purpose of providing deferred compensation benefits for a select group of management or highly compensated participants. The Participant, in recognition of his/her valuable service to the Employer, has been selected by the Committee as an eligible participant in the Plan. In consideration of the mutual covenants and conditions contained herein, and for such good and valuable consideration, the re

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