0001193125-14-264195 Sample Contracts

NAVIGATOR HOLDINGS LTD. RESTRICTED STOCK AGREEMENT FOR DIRECTORS
Restricted Stock Agreement for Directors • July 9th, 2014 • Navigator Holdings Ltd. • Deep sea foreign transportation of freight • New York

This Agreement is made and entered into as of the Date of Grant set forth in the Notice of Grant of Restricted Stock (“Notice of Grant”) by and between Navigator Holdings Ltd., a Marshall Islands company (the “Company”), and you;

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NOTICE OF GRANT OF RESTRICTED STOCK
Navigator Holdings Ltd. • July 9th, 2014 • Deep sea foreign transportation of freight

Pursuant to the terms and conditions of the Navigator Holdings Ltd. 2013 Long-Term Incentive Plan, attached as Appendix A (the “Plan”), and the associated Restricted Stock Agreement, attached as Appendix B (the “Agreement”), you are hereby issued shares of Stock subject to certain restrictions thereon and under the conditions set forth below, in the Agreement, and in the Plan (the “Restricted Shares”). Capitalized terms used but not defined herein shall have the meanings set forth in the Plan.

NAVIGATOR HOLDINGS LTD. STOCK OPTION AGREEMENT (US EMPLOYEES)
Stock Option Agreement • July 9th, 2014 • Navigator Holdings Ltd. • Deep sea foreign transportation of freight • New York

THIS STOCK OPTION AGREEMENT (this “Agreement”) evidences an award made as of the day of (the “Date of Grant”), between NAVIGATOR HOLDINGS LTD., a Marshall Islands Corporation (the “Company”), and (the “Employee”).

NAVIGATOR HOLDINGS LTD. STOCK OPTION AGREEMENT (UK EMPLOYEES)
Stock Option Agreement • July 9th, 2014 • Navigator Holdings Ltd. • Deep sea foreign transportation of freight • New York

THIS STOCK OPTION AGREEMENT (this “Agreement”) evidences an award made as of the day of (the “Date of Grant”), between NAVIGATOR HOLDINGS LTD., a Marshall Islands corporation (the “Company”), and (the “Employee”).

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