0001590584-21-000037 Sample Contracts

CIVEO CORPORATION PERFORMANCE SHARE AWARD AGREEMENT
Performance Share Award Agreement • February 26th, 2021 • Civeo Corp • Hotels, rooming houses, camps & other lodging places • Texas

This Performance Share Award Agreement (“Agreement”) is made between Civeo Corporation, a British Columbia Corporation (the “Company”) and [[FIRSTNAME]] [[LASTNAME]] (the “Participant”), regarding a Performance Share Award of a target of [[NUMBER OF ]] Restricted Share Units (this “Award” and such target number of Restricted Share Units, the “Target RSUs”) granted to the Participant on [[GRANTDATE]] (the “Grant Date”), pursuant to the 2014 Equity Participation Plan of Civeo Corporation (as amended and restated, the “Plan”). Such Award is subject to the following terms and conditions:

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Dual Employment Agreement United States
Dual Employment Agreement • February 26th, 2021 • Civeo Corp • Hotels, rooming houses, camps & other lodging places • Texas

You will continue in your role as Chief Executive Officer and President for Civeo Corporation and the following terms and conditions of employment will apply:

Contract
Executive Change of Control Severance Agreement • February 26th, 2021 • Civeo Corp • Hotels, rooming houses, camps & other lodging places • Texas
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