EMPLOYMENT AGREEMENTEmployment Agreement • September 24th, 2012 • Parker Drilling Co /De/ • Drilling oil & gas wells • Texas
THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of October 1, 2012 (the “Effective Date”), by and between PARKER DRILLING COMPANY, a Delaware corporation (the “Company”), and GARY RICH (“Executive”), an employee of the Company. The Company and Executive may sometimes hereafter be referred to singularly as a “Party” or collectively as the “Parties.” Defined terms shall have the meanings ascribed to them in Appendix A of the Agreement.
PARKER DRILLING COMPANY RESTRICTED STOCK UNIT INCENTIVE AGREEMENTRestricted Stock Unit Incentive Agreement • September 24th, 2012 • Parker Drilling Co /De/ • Drilling oil & gas wells • Texas
THIS RESTRICTED STOCK UNIT INCENTIVE AGREEMENT (this “Agreement”) is made and entered into by and between Parker Drilling Company, a Delaware corporation (the “Company”), and Gary Rich, an individual and future employee of the Company (“Grantee”), as of the 1st day of October, 2012 (the “Grant Date”). The Restricted Stock Units granted to Grantee pursuant to this Agreement shall not be granted under the Parker Drilling Company 2010 Long-Term Incentive Plan, as it may be amended from time to time thereafter (the “Plan”), but are subject to the terms and conditions of the Plan, except for Section 7.1 of the Plan. The Plan is hereby incorporated herein in its entirety by this reference and shall apply to this grant of Restricted Stock Units as if such grant was granted pursuant to the terms of the Plan, except to the extent that this Agreement expressly provides to the contrary. Capitalized terms not otherwise defined in this Agreement shall have the meaning given to such terms in the Pla
