BAKER HUGHES INCORPORATED PERFORMANCE UNIT AWARD AGREEMENT AWARD OF PERFORMANCE UNITSPerformance Unit Award Agreement • February 24th, 2012 • Baker Hughes Inc • Oil & gas field machinery & equipment
The Compensation Committee (the “Committee”) of the Board of Directors of Baker Hughes Incorporated, a Delaware corporation (the “Company”), pursuant to the Baker Hughes Incorporated 2002 Director & Officer Long-Term Incentive Plan (the “Plan”), hereby awards to you, the above named Participant, effective as of the Grant Date set forth above (the “Grant Date”), that number of Performance Units set forth above (each, a “Performance Unit”, and collectively, the “Performance Units”), on the terms and conditions set forth in this Performance Unit Award Agreement (this “Agreement”).
BAKER HUGHES INCORPORATED STOCK OPTION AGREEMENT GRANT OF OPTIONStock Option Agreement • February 24th, 2012 • Baker Hughes Inc • Oil & gas field machinery & equipment
The Compensation Committee of the Board of Directors of Baker Hughes Incorporated, a Delaware corporation (the “Company”), pursuant to the Baker Hughes Incorporated 2002 Director & Officer Long-Term Incentive Plan (the “Plan”), hereby grants to you, the above-named Participant, effective as of the Grant Date set forth above (the “Grant Date”), a nonqualified stock option to purchase the total number of shares of the Company’s $1 par value per share common stock at the exercise price set forth above for each share subject to the option, subject to adjustment as provided in the Plan. The option is exercisable in installments in accordance with the Vesting Schedule set forth above with the exercise price payable at the time of exercise. To the extent not exercised, installments shall be cumulative and may be exercised in whole or in part until the option terminates. The option may not be exercised after the Expiration Date.
BAKER HUGHES INCORPORATED EXECUTIVE LOYALTY, CONFIDENTIALITY, NON-SOLICITATION, AND NON-COMPETITION AGREEMENTNon-Solicitation, and Non-Competition Agreement • February 24th, 2012 • Baker Hughes Inc • Oil & gas field machinery & equipment • Texas
This Executive Loyalty, Confidentiality, Non-Solicitation, and Non-Competition Agreement (“Agreement”) is entered into by and between the undersigned executive (“Executive”) and Baker Hughes Incorporated (the “Company”), which may collectively be referred to in this Agreement as the “Parties.”
