Performance-Based/Time-Vested Option Award Agreement Sample Contracts

OPTION AWARD AGREEMENT
Performance-Based/Time-Vested Option Award Agreement • March 2nd, 2017 • Key Energy Services Inc • Oil & gas field services, nec • Delaware

THIS AMENDED AND RESTATED Performance-Based/Time-Vested OPTION AWARD AGREEMENT, including the Appendix attached hereto (this “Agreement”), dated as of [January __], 2017, is made by and between Key Energy Services, Inc., a Delaware corporation (the “Company”), and [NAME] (the “Participant”).

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