0001193125-10-044723 Sample Contracts

STOCK OPTION GRANT AGREEMENT
Stock Option • March 1st, 2010 • McDermott International Inc • Fabricated plate work (boiler shops)

On , 2010 (the “Date of Grant”) the Compensation Committee of the Board of Directors (the “Committee”) of McDermott International, Inc. (the “Company”) selected you to receive a grant of Non-Qualified Stock Options (the “Options”) under the Company’s 2009 McDermott International, Inc. Long-Term Incentive Plan (the “Plan”). The provisions of the Plan are incorporated herein by reference.

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RSU Grant Agreement McDermott International, Inc. 2009 Long-Term Incentive Plan
Rsu Grant Agreement • March 1st, 2010 • McDermott International Inc • Fabricated plate work (boiler shops)

On , 2010 (the “Date of Grant”), the Compensation Committee of the Board of Directors (the “Committee”) of McDermott International, Inc. (the “Company”) selected you to receive a grant of Restricted Stock Units (“RSUs”) under the Company’s 2009 Long-Term Incentive Plan (the “Plan”). The provisions of the Plan are incorporated herein by reference.

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