0001193125-08-244644 Sample Contracts

BJ SERVICES COMPANY TERMS AND CONDITIONS STOCK OPTION FOR OFFICERS
Stock Option Agreement • November 26th, 2008 • Bj Services Co • Oil & gas field services, nec

The terms and conditions set forth below are hereby incorporated by reference into the attached award agreement (“Agreement”) by and between BJ Services Company (the “Company”) and the employee named therein (the “Employee”). Terms defined in the 2003 Incentive Plan (the “Plan”) are used herein with the same meaning.

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BJ SERVICES COMPANY TERMS AND CONDITIONS STOCK OPTION FOR DIRECTORS
Stock Option Agreement • November 26th, 2008 • Bj Services Co • Oil & gas field services, nec

The terms and conditions set forth below are hereby incorporated by reference into the attached award agreement (“Agreement”) by and between BJ Services Company (the “Company”) and the director named therein (the “Director”). Terms defined in the 2003 Incentive Plan (the “Plan”) are used herein with the same meaning.

PHANTOM STOCK AWARD FOR DIRECTORS
Phantom Stock Award Agreement • November 26th, 2008 • Bj Services Co • Oil & gas field services, nec

Grant. I am pleased to inform you that the Compensation Committee (the “Committee”) of the Board of Directors of BJ Services Company (the “Company”) has granted to you shares of Phantom Stock pursuant to the BJ Services Company Incentive Plan (the “Plan”). Except as otherwise provided in this Agreement, the terms defined in the Plan are used in this Agreement with the same meaning.

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