NON-QUALIFIED STOCK OPTION AGREEMENT GREY WOLF, INC. 2003 INCENTIVE PLAN (effective as of March 26, 2003)Non-Qualified Stock Option Agreement • February 22nd, 2005 • Grey Wolf Inc • Drilling oil & gas wells • Texas
THIS NON-QUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) made as of ____________, 2004, by and between GREY WOLF, INC., a corporation organized under the laws of the State of Texas ( the “Company”), and ____________, an individual (the “Grantee”);
RESTRICTED STOCK AGREEMENTRestricted Stock Agreement • February 22nd, 2005 • Grey Wolf Inc • Drilling oil & gas wells • Texas
THIS RESTRICTED STOCK AGREEMENT (this “Agreement”) is made and entered into by and between Grey Wolf, Inc., a corporation organized under the laws of the State of Texas (the “Company”) and __________________, an individual (“Grantee”) on the ___day of _________, 2003 (the “Grant Date”), pursuant to the Grey Wolf, Inc. 2003 Incentive Plan (effective as of March 26, 2003) (the “Plan”). The Plan is incorporated by reference herein in its entirety. Capitalized terms not otherwise defined in this agreement shall have the meaning given to such terms in the Plan.
