Phantom Stock Unit Award Incentive Agreement Sample Contracts

PARKER DRILLING COMPANY PHANTOM STOCK UNIT AWARD INCENTIVE AGREEMENT
Phantom Stock Unit Award Incentive Agreement • February 21st, 2017 • Parker Drilling Co /De/ • Drilling oil & gas wells • Texas

THIS PHANTOM STOCK UNIT AWARD INCENTIVE AGREEMENT (this “Agreement”) is made and entered into by and between Parker Drilling Company, a Delaware corporation (the “Company”), and XXXXXXXXXXX, an individual and employee of the Company (“Grantee”), as of the XX day of XXXXXX, 2016 (the “Grant Date”), subject to the terms and conditions of the Parker Drilling Company 2010 Long-Term Incentive Plan, as Amended and Restated as of May 8, 2013, as it may be further amended from time to time thereafter (the “Plan”). The Plan is hereby incorporated herein in its entirety by this reference. Capitalized terms not otherwise defined in this Agreement shall have the meaning given to such terms in the Plan.

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PARKER DRILLING COMPANY PHANTOM STOCK UNIT AWARD INCENTIVE AGREEMENT
Phantom Stock Unit Award Incentive Agreement • February 25th, 2016 • Parker Drilling Co /De/ • Drilling oil & gas wells • Texas

THIS PHANTOM STOCK UNIT AWARD INCENTIVE AGREEMENT (this “Agreement”) is made and entered into by and between Parker Drilling Company, a Delaware corporation (the “Company”), and [NAME], an individual and employee of the Company (“Grantee”), as of the [DATE] day of [MONTH], 2015 (the “Grant Date”), subject to the terms and conditions of the Parker Drilling Company 2010 Long-Term Incentive Plan, as Amended and Restated, as it may be further amended from time to time thereafter (the “Plan”). The Plan is hereby incorporated herein in its entirety by this reference. Capitalized terms not otherwise defined in this Agreement shall have the meaning given to such terms in the Plan.

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