0000950123-11-045564 Sample Contracts

FORM OF EXECUTIVE LONG-TERM INCENTIVE PERFORMANCE UNIT AGREEMENT (TSR Based)
Term Incentive Performance Unit Agreement • May 5th, 2011 • 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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AMENDMENT NO. 2 TO AGREEMENT
To Agreement • May 5th, 2011 • Global Industries LTD • Oil & gas field services, nec

This Amendment No. 2 to Agreement, effective as of February 23, 2011 (the “Effective Date”) (this “Amendment No. 2”), amends that certain Agreement, effective as of September 18, 2006, between Global Industries, Ltd., a Louisiana corporation (hereinafter referred to as the “Company”) and William J. Doré, an individual (hereinafter referred to as “Mr. Doré”) (the “Original Agreement”), as subsequently amended by that certain Amendment to Agreement, effective as of December 5, 2008 (“Amendment No. 1” and together with the Original Agreement, the “Agreement”).

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