0001047469-07-006333 Sample Contracts

KEY ENERGY GROUP, INC. 1997 INCENTIVE PLAN RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • August 13th, 2007 • Key Energy Services Inc • Drilling oil & gas wells

This Restricted Stock Award Agreement (the "Incentive Agreement"), made effective as of the day of , 200 (the "Grant Date") by and between Key Energy Services, Inc., a Maryland corporation (the "Company"), and (the "Grantee"), evidences the grant by the Company of a stock award of restricted stock (the "Award") to the Grantee on such date and the Grantee's acceptance of the Award in accordance with the provisions of the Key Energy Group, Inc. 1997 Incentive Plan (the "Plan"). All capitalized terms not defined herein shall have the meaning ascribed to them as set forth in the Plan. The Company and the Grantee agree as follows:

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