0000950129-07-000779 Sample Contracts

PRIDE INTERNATIONAL, INC. 1998 LONG-TERM INCENTIVE PLAN NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • February 16th, 2007 • Pride International Inc • Oil & gas field services, nec • Texas

This option agreement (“Option Agreement” or “Agreement”) executed between PRIDE INTERNATIONAL, INC. (the “Company”), and ___ (the “Optionee”), an employee of the Company or one of its Subsidiaries, regarding a right (the “Option”) awarded to the Optionee on ___(the “Award Date”) to purchase from the Company up to but not exceeding in the aggregate ___ shares of Common Stock (as defined in the Pride International, Inc. 1998 Long-Term Incentive Plan (the “Plan”)) at $___.___ per share (the “Exercise Price”), such number of shares and such price per share being subject to adjustment as provided in the Plan, and further subject to the following terms and conditions:

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PRIDE INTERNATIONAL, INC. 1998 LONG-TERM INCENTIVE PLAN RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • February 16th, 2007 • Pride International Inc • Oil & gas field services, nec • Texas

This Restricted Stock Agreement (“Agreement”) between PRIDE INTERNATIONAL, INC. (the “Company”) and (the “Grantee”), an employee of the Company or one of its Subsidiaries, regarding an award (“Award”) of shares of Common Stock (as defined in the Pride International, Inc. 1998 Long-Term Incentive Plan (the “Plan”), such Common Stock comprising this Award referred to herein as “Restricted Stock”) awarded to the Grantee on (the “Award Date”), such number of shares subject to adjustment as provided in Section 14 of the Plan, and further subject to the following terms and conditions:

PRIDE INTERNATIONAL, INC. 1998 LONG-TERM INCENTIVE PLAN RESTRICTED STOCK UNIT AGREEMENT
Restricted Stock Unit Agreement • February 16th, 2007 • Pride International Inc • Oil & gas field services, nec • Texas

This Restricted Stock Unit Agreement (“Agreement”) between PRIDE INTERNATIONAL, INC. (the “Company”) and ___ (the “Grantee”), an employee of the Company or one of its Subsidiaries, regarding an award (“Award”) of ___ units of Common Stock (as defined in the Pride International, Inc. 1998 Long-Term Incentive Plan (the “Plan”), such Common Stock comprising this Award referred to herein as “Restricted Stock Units”) awarded to the Grantee on ___ (the “Award Date”), such number of Restricted Stock Units subject to adjustment as provided in Section 14 of the Plan, and further subject to the following terms and conditions:

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