0000950129-08-004749 Sample Contracts

NON-EMPLOYEE DIRECTOR RESTRICTED STOCK AWARD AGREEMENT PIONEER DRILLING COMPANY 2007 INCENTIVE PLAN
Non-Employee Director Restricted Stock Award Agreement • September 4th, 2008 • Pioneer Drilling Co • Drilling oil & gas wells • Texas

THIS RESTRICTED STOCK AWARD AGREEMENT (the “Agreement”) is made by and between Pioneer Drilling Company, a Texas corporation (the “Company”), and (the “Recipient”) effective as of the ___ day of , 20___ (the “Grant Date”), pursuant to the Pioneer Drilling Company 2007 Incentive Plan (the “Plan”), which is incorporated by reference herein in its entirety.

Sample 1
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STOCK OPTION AGREEMENT PIONEER DRILLING COMPANY 2007 INCENTIVE PLAN
Stock Option Agreement • September 4th, 2008 • Pioneer Drilling Co • Drilling oil & gas wells • Texas

THIS STOCK OPTION AGREEMENT (this “Agreement”) is made by and between Pioneer Drilling Company, a Texas corporation (the “Company”), and (the “Optionee”) as of the day of , 2008, pursuant to the Pioneer Drilling Company 2007 Incentive Plan (the “Plan”), which is incorporated by reference herein in its entirety.

Sample 1
EMPLOYEE RESTRICTED STOCK AWARD AGREEMENT PIONEER DRILLING COMPANY 2007 INCENTIVE PLAN
Restricted Stock Award Agreement • September 4th, 2008 • Pioneer Drilling Co • Drilling oil & gas wells • Texas

THIS RESTRICTED STOCK AWARD AGREEMENT (the “Agreement”) is made by and between Pioneer Drilling Company, a Texas corporation (the “Company”), and (the “Recipient”) effective as of the ___ day of , 20___ (the “Grant Date”), pursuant to the Pioneer Drilling Company 2007 Incentive Plan (the “Plan”), which is incorporated by reference herein in its entirety.

Sample 1
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