Cash-Settled Performance Unit Award Agreement Sample Contracts

AMENDMENT TO CASH-SETTLED PERFORMANCE UNIT AWARD AGREEMENT UNDER PATTERSON-UTI ENERGY, INC. 2005 LONG-TERM INCENTIVE PLAN

Cash-Settled Performance Unit Award Agreement • May 4th, 2010 • Patterson Uti Energy Inc • Drilling oil & gas wells • Delaware

• Contract Type
  Cash-Settled Performance Unit Award Agreement
• Filed
  May 4th, 2010
• Company
  Patterson Uti Energy Inc
• Industry
  Drilling oil & gas wells
• Jurisdiction
  Delaware

This Amendment (this “Amendment”) to the Patterson-UTI Energy, Inc. 2005 Long-Term Incentive Plan Cash-Settled Performance Unit Award Agreement (the “Agreement”) between Patterson-UTI Energy, Inc. (the “Company”) and (the “Grantee”) that became effective as of April 1, 2009 (the “Date of Award”) is executed by the Company and the Grantee on this 30th day of April, 2010, to be effective as of the Date of Award.