0001193125-10-178468 Sample Contracts

LONG-TERM INCENTIVE CASH AWARD AGREEMENT AMENDED AND RESTATED PIONEER DRILLING COMPANY
Long-Term Incentive Cash Award Agreement • August 5th, 2010 • Pioneer Drilling Co • Drilling oil & gas wells • Texas

THIS LONG-TERM INCENTIVE CASH AWARD AGREEMENT (this “Agreement”) is made as of _________, by and between Pioneer Drilling Company (the “Company”) and ____________________ (the “Employee”) pursuant to the Amended and Restated Pioneer Drilling Company 2007 Long-Term Incentive Plan (the “Plan”), as amended. Certain capitalized terms used in this Agreement are defined in Section 7.

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RESTRICTED STOCK UNIT AGREEMENT AMENDED AND RESTATED PIONEER DRILLING COMPANY
Restricted Stock Unit Agreement • August 5th, 2010 • Pioneer Drilling Co • Drilling oil & gas wells • Texas

THIS RESTRICTED STOCK UNIT AGREEMENT (this “Agreement”) is made as of , by and between Pioneer Drilling Company (the “Company”) and (the “Employee”) pursuant to the Amended and Restated Pioneer Drilling Company 2007 Long-Term Incentive Plan (the “Plan”), as amended. Certain capitalized terms used in this Agreement are defined in Section 7.

LONG-TERM INCENTIVE CASH AWARD AGREEMENT AMENDED AND RESTATED PIONEER DRILLING COMPANY
Long-Term Incentive Cash Award Agreement • August 5th, 2010 • Pioneer Drilling Co • Drilling oil & gas wells • Texas

THIS LONG-TERM INCENTIVE CASH AWARD AGREEMENT (this “Agreement”) is made as of , by and between Pioneer Drilling Company (the “Company”) and (the “Employee”) pursuant to the Amended and Restated Pioneer Drilling Company 2007 Long-Term Incentive Plan (the “Plan”), as amended. Certain capitalized terms used in this Agreement are defined in Section 6.

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