BRISTOW GROUP INC. NONEMPLOYEE DIRECTOR STOCK OPTION AGREEMENTNonemployee Director Stock Option Agreement • August 7th, 2006 • Bristow Group Inc • Air transportation, nonscheduled • Delaware
The Company and Director do hereby make and enter into this Agreement in conformity with the provisions of the Offshore Logistics, Inc. 2003 Nonqualified Stock Option Plan for Nonemployee Directors, as amended (the “Plan”), to provide the Director the opportunity to purchase shares of common stock of the Company, $.01 par value (“Common Stock”), in consideration of the mutual agreements set forth herein and in the Plan. Each capitalized term used in this Agreement and not otherwise defined herein shall have the meaning ascribed to that term in the Plan. The parties agree as follows:
