0000950129-08-002364 Sample Contracts

AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • April 22nd, 2008 • Grey Wolf Inc • Drilling oil & gas wells • Texas

THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “Agreement”) is entered into as of April 1, 2008 (the “Effective Date”), by and between GREY WOLF, INC., a Texas corporation (the “Company”), and DAVID W. WEHLMANN (the “Executive”).

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FIRST AMENDMENT TO RIGHTS AGREEMENT
Rights Agreement • April 22nd, 2008 • Grey Wolf Inc • Drilling oil & gas wells

This First Amendment to Rights Agreement between Grey Wolf, Inc., a Texas corporation (the “Company”), and American Stock Transfer & Trust Company, a New York corporation (the “Rights Agent”), is entered into and effective as of this 20th day of April, 2008.

AMENDMENT TO RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • April 22nd, 2008 • Grey Wolf Inc • Drilling oil & gas wells • Texas

THIS AMENDMENT TO RESTRICTED STOCK AGREEMENT (this “Amendment”) is entered into as of April 20, 2008, but to be effective as provided in Section 5 hereof, by and between Grey Wolf, Inc., a Texas corporation (the “Company”), and Thomas P. Richards (the “Grantee”).

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