EXHIBIT 10.4 SEVERANCE AGREEMENT THIS AGREEMENT, dated as of July 23, 1997, is made by and between BAKER HUGHES INCORPORATED, a Delaware corporation (the "Company"), and ANDREW J. SZESCILA (the "Executive"). WHEREAS, the Company considers it essential...Severance Agreement • March 7th, 2003 • Baker Hughes Inc • Oil & gas field machinery & equipment
EXHIBIT 10.3 SEVERANCE AGREEMENT THIS AGREEMENT, dated as of July 23, 1997, is made by and between BAKER HUGHES INCORPORATED, a Delaware corporation (the "Company"), and G. STEPHEN FINLEY (the "Executive"). WHEREAS, the Company considers it essential...Severance Agreement • March 7th, 2003 • Baker Hughes Inc • Oil & gas field machinery & equipment
EXHIBIT 10.48 BAKER HUGHES INCORPORATED PERFORMANCE UNIT AGREEMENTBaker Hughes Inc • March 7th, 2003 • Oil & gas field machinery & equipment
GRANT OF PERFORMANCE UNIT Pursuant to action taken by the Compensation Committee (the "Committee") of the Board of Directors of Baker Hughes Incorporated, a Delaware corporation (the "Company"), for the purposes of administration of the Baker Hughes Incorporated 2002 Director and Officer Long-Term Incentive Plan (the "Plan"), the above-named Grantee is hereby granted a Performance Unit to receive shares of Restricted Stock of the Company's Common Stock, $1.00 par value per share, on the terms and conditions set forth as follows: For the purposes of this Performance Unit Agreement, "Designated Competitors" means BJ Services Company, Halliburton Company, Schlumberger Limited, Smith International, Inc. and Weatherford International Ltd. (collectively, the "Designated Competitors"). If a Designated Competitor merges or consolidates with another company, is acquired or disposes of a significant portion of its businesses as they exist on the date hereof or experiences and extraordinary event
BAKER HUGHES INCORPORATED STOCK OPTION AGREEMENTIncorporated Stock Option Agreement • March 7th, 2003 • Baker Hughes Inc • Oil & gas field machinery & equipment
GRANT OF OPTION Pursuant to action taken by the Compensation Committee of the Board of Directors of Baker Hughes Incorporated, a Delaware corporation (the "Company"), for the purposes of administration of the BAKER HUGHES INCORPORATED [PLAN NAME] (the "Plan"), the above-named Grantee is hereby granted [OPTION TYPE] stock option to purchase the above number of shares of the Company's $1 par value per share common stock at the exercise price stated above for each share subject to this option, with the exercise price payable at the time of exercise. This option may not be exercised after the Expiration Date. By your acceptance of the option, you agree that the option is granted under and governed by the terms of the Plan, this Stock Option Agreement and the Terms and Conditions of Option Agreements (dated January 29, 2003). BAKER HUGHES INCORPORATED /S/ MICHAEL E. WILEY Michael E. Wiley - Chairman, President & CEO BAKER HUGHES INCORPORATED TERMS AND CONDITIONS OF OPTION AGREEMENTS (JANUAR
EXHIBIT 10.49 AMENDMENT 1 TO STOCK MATCHING AGREEMENT This Amendment 1 to Stock Matching Agreement ("Amendment 1") is made and entered into effective March 6, 2002, by and between BAKER HUGHES INCORPORATED, a Delaware corporation (the "Company") and...Stock Matching Agreement • March 7th, 2003 • Baker Hughes Inc • Oil & gas field machinery & equipment
EXHIBIT 10.50 September 27, 2002 [BANK NAME AND ADDRESS] Attention: Re: Credit Agreement dated as of April 22, 2002 (the "Credit Agreement") by and between Baker Hughes Incorporated (the "Company") and [BANK NAME] (the "Bank") Second Amendment...Baker Hughes Inc • March 7th, 2003 • Oil & gas field machinery & equipment
