0000950129-05-005624 Sample Contracts

FORM OF HYDRIL COMPANY NON-EMPLOYEE DIRECTOR’S DEFERRED SHARE UNIT AGREEMENT
Deferred Share Unit Agreement • May 23rd, 2005 • Hydril Co • Oil & gas field machinery & equipment • Delaware

This Non-Employee Director’s Deferred Share Unit Agreement (the “Agreement”) is entered into by and between Hydril Company (the “Company”) and (the “Director”) as of (the “Date of Grant”), pursuant to the terms and conditions set forth in this Agreement.

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