Common Contracts

2 similar Rsu Grant Agreement contracts by Babcock & Wilcox Co, McDermott International Inc

RSU GRANT AGREEMENT
Rsu Grant Agreement • March 1st, 2011 • Babcock & Wilcox Co • Engines & turbines

The grant of RSUs (as defined below) set forth under this Grant Agreement is being made in connection with the spin-off of The Babcock & Wilcox Company from McDermott International, Inc. pursuant to the Plan (as defined below). This grant, including the terms and conditions thereof as set forth in this Grant Agreement, is issued as a replacement grant in substitution of the Performance Share award granted to you on (the “Original Grant Date”), which award is hereby cancelled.

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RSU GRANT AGREEMENT
Rsu Grant Agreement • March 1st, 2011 • McDermott International Inc • Fabricated plate work (boiler shops)

The grant of RSUs (as defined below) set forth under this Grant Agreement is being made in connection with the spin-off of The Babcock & Wilcox Company from McDermott International, Inc. pursuant to the Plan (as defined below). This grant, including the terms and conditions thereof as set forth in this Grant Agreement, is issued as a replacement grant in substitution of the Performance Share award granted to you on (the “Original Grant Date”), which award is hereby cancelled.

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