2006 Performance Unit Agreement Sample Contracts

Contract
2006 Performance Unit Agreement • February 3rd, 2006 • Oceaneering International Inc • Oil & gas field services, nec • Texas

This 2006 Performance Unit Agreement (this “Agreement”) is between Oceaneering international, inc. (the “Company”) and ______(the “Participant”), an employee of the Company or one of its Subsidiaries, regarding an award (“2006 Performance Award”) of ______ units (“Performance Units”), each representing an initial notional value of $100.00, under the 2005 Incentive plan of oceaneering international, inc. (the “Plan”), awarded to the Participant effective February 2, 2006 (the “Award Date”), and subject to the following terms and conditions:

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