0000320575-16-000097 Sample Contracts

PERFORMANCE PHANTOM STOCK UNIT AGREEMENT PIONEER ENERGY SERVICES CORP. AMENDED AND RESTATED 2007 INCENTIVE PLAN
Performance Phantom Stock Unit Agreement • February 17th, 2016 • Pioneer Energy Services Corp • Drilling oil & gas wells • Texas

THIS PERFORMANCE PHANTOM STOCK UNIT AGREEMENT (this “Agreement”) is made as of <<Date>>, by and between Pioneer Energy Services Corp. (the “Company”) and <<Name>> (the “Employee”) pursuant to the Pioneer Energy Services Corp. Amended and Restated 2007 Incentive Plan (Effective May 21, 2015) (the “Plan”). Capitalized terms are defined in the Plan if not defined herein.

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