0000950129-08-001084 Sample Contracts

BAKER HUGHES INCORPORATED RESTRICTED STOCK UNIT AWARD AGREEMENT Name Awardee
Restricted Stock Unit Award Agreement • February 21st, 2008 • Baker Hughes Inc • Oil & gas field machinery & equipment

The Compensation Committee (the “Committee”) of the Board of Directors of Baker Hughes Incorporated, a Delaware corporation (the “Company”), pursuant to the Baker Hughes Incorporated 2002 Director & Officer Long-Term Incentive Plan (the “Plan”), hereby awards to you, the above-named awardee, effective as of the Date of Award set forth above (the “Date of Award”), that number of restricted stock units set forth above (the “Restricted Stock Units”), on the following terms and conditions:

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BAKER HUGHES INCORPORATED PERFORMANCE UNIT AWARD AGREEMENT Name Awardee
Performance Unit Award Agreement • February 21st, 2008 • Baker Hughes Inc • Oil & gas field machinery & equipment

The Compensation Committee (the “Committee”) of the Board of Directors of Baker Hughes Incorporated, a Delaware corporation (the “Company”), pursuant to the Baker Hughes Incorporated 2002 Director & Officer Long-Term Incentive Plan (the “Plan”), hereby awards to you, the above-named awardee, effective as of the Date of Award set forth above, that number of Performance Units set forth above (each, a “Performance Unit”, and collectively, the “Performance Units”), on the terms and conditions set forth in this Performance Unit Award Agreement (this “Agreement”).

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