0001537028-24-000015 Sample Contracts

INDEPENDENCE CONTRACT DRILLING, INC. PERFORMANCE UNIT AWARD AGREEMENT FREE CASH FLOW / TOTAL SHAREHOLDER RETURN
Performance Unit Award Agreement • May 1st, 2024 • Independence Contract Drilling, Inc. • Drilling oil & gas wells • Delaware
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AMENDMENT NO. 6 TO credit AGREEMENT
Credit Agreement • May 1st, 2024 • Independence Contract Drilling, Inc. • Drilling oil & gas wells • New York

This AMENDMENT NO. 6 TO credit AGREEMENT (the “Amendment”), is dated as of April 18, 2024 and is made by and among INDEPENDENCE CONTRACT DRILLING, INC., a Delaware corporation (“ICD”), SIDEWINDER DRILLING LLC, a Delaware limited liability company (formerly known as ICD Operating LLC, and successor by merger to Patriot Saratoga Merger Sub, LLC) (“ICD Operating”, and together with ICD, each a “Borrower” and collectively, “Borrowers”), WELLS FARGO BANK, NATIONAL ASSOCIATION, as administrative agent for each member of the Lender Group and the Bank Product Providers (in such capacity, together with its successors and assigns in such capacity, “Agent”) and the Lenders party hereto.

AMENDED AND RESTATED INDEPENDENCE CONTRACT DRILLING, INC. 2019 OMNIBUS INCENTIVE PLAN THREE YEAR TIME VESTING AWARD RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • May 1st, 2024 • Independence Contract Drilling, Inc. • Drilling oil & gas wells • Delaware

This Restricted Stock Award Agreement (this “Agreement”) is made by and between Independence Contract Drilling, Inc., a Delaware corporation (the “Company”), and the grantee named above (the “Grantee”) effective as of ______ ___, 202___ (the “Grant Date”), pursuant to the Amended and Restated Independence Contract Drilling, Inc. 2019 Omnibus Incentive Plan, as amended (the “Plan”), a copy of which previously has been made available to the Grantee and the terms and provisions of which are incorporated by reference herein. In the event of a conflict between the terms of the Plan and the terms of this Agreement, the terms of the Plan shall control.

AMENDED AND RESTATED INDEPENDENCE CONTRACT DRILLING, INC. 2019 OMNIBUS INCENTIVE PLAN DIRECTOR ONE-YEAR VESTING RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • May 1st, 2024 • Independence Contract Drilling, Inc. • Drilling oil & gas wells • Delaware

This Restricted Stock Award Agreement (this “Agreement”) is made by and between Independence Contract Drilling, Inc., a Delaware corporation (the “Company”), and the individual named above (the “Grantee”) effective as of _______, 202__ (the “Grant Date”), pursuant to the Amended and Restated Independence Contract Drilling, Inc. 2019 Omnibus Incentive Plan, as amended (the “Plan”), a copy of which previously has been made available to the Grantee and the terms and provisions of which are incorporated by reference herein. In the event of a conflict between the terms of the Plan and the terms of this Agreement, the terms of the Plan shall control.

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