ContractRowan Companies Inc • March 16th, 2005 • Drilling oil & gas wells • Texas
THIS DEBENTURE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 OR ANY STATE SECURITIES ACT. THIS DEBENTURE MAY NOT BE SOLD, ASSIGNED, TRANSFERRED, PLEDGED, HYPOTHECATED OR OTHERWISE DISPOSED OF EXCEPT AS PERMITTED BY ARTICLE FOUR HEREOF.
NONEMPLOYEE DIRECTOR STOCK OPTION AGREEMENTNonemployee Director Stock Option Agreement • March 16th, 2005 • Rowan Companies Inc • Drilling oil & gas wells • Texas
To carry out the purposes of the Rowan Companies, Inc. Nonemployee Directors Stock Option Plan (the “Plan”), by affording Director the opportunity to purchase shares of common stock of the Company (“Stock”), and in consideration of the mutual agreements and other matters set forth herein and in the Plan, the Company and Director hereby agrees as follows:
NONQUALIFIED STOCK OPTION AGREEMENTNonqualified Stock Option Agreement • March 16th, 2005 • Rowan Companies Inc • Drilling oil & gas wells • Texas
To carry out the purposes of the Rowan Companies, Inc. Restated 1988 Nonqualified Stock Option Plan (the “Plan”), by affording Employee the opportunity to purchase shares of common stock of the Company (“Stock”), and in consideration of the mutual agreements and other matters set forth herein and in the Plan, the Company and Employee hereby agree as follows:
