0001193125-05-076674 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • April 15th, 2005 • Team Inc • Services-miscellaneous repair services • Texas

THIS EMPLOYMENT AGREEMENT (“Agreement”) is made and entered into by and between PHILIP J. HAWK, an individual (“Hawk”), and TEAM, INC., a Texas corporation (“Team”), to be effective as January 31, 2005 (the “Effective Date”).

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RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • April 15th, 2005 • Team Inc • Services-miscellaneous repair services • Texas

THIS RESTRICTED STOCK AWARD AGREEMENT (the “Agreement”) is entered into by and between Kenneth M. Tholan (“Tholan”) and Team, Inc. (“Company”) effective September 23, 2004 (the “Effective Date”).

April 12, 2005
Credit Agreement • April 15th, 2005 • Team Inc • Services-miscellaneous repair services

Reference is made to that certain Credit Agreement dated as of August 11, 2004, among Team, Inc. (“Borrower”), Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer, and the Lenders party thereto (as amended through the date hereof and as further amended, extended, renewed, or restated from time to time, the “Credit Agreement”). Terms defined in the Credit Agreement and not otherwise defined herein shall be used herein as defined in the Credit Agreement.

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