0000950170-23-005506 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 1st, 2023 • Dril-Quip Inc • Oil & gas field machinery & equipment • Texas

This EMPLOYMENT AGREEMENT (this “Agreement”), dated effective as of October 25, 2022 (the “Effective Date”) by and between DRIL-QUIP, INC. a Delaware corporation (the “Company”), and Donald M. Underwood (the “Executive”).

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RESTRICTED STOCK AWARD AGREEMENT (Senior Management)
Restricted Stock Award Agreement • March 1st, 2023 • Dril-Quip Inc • Oil & gas field machinery & equipment

THIS RESTRICTED STOCK AWARD AGREEMENT (this “Award”) is made as of October 28, 2022 (the “Grant Date”), by and between Dril-Quip, Inc., a Delaware corporation (the “Company”), and _________________ (the “Grantee”).

To: ________________________
Omnibus Incentive Plan Of • March 1st, 2023 • Dril-Quip Inc • Oil & gas field machinery & equipment

You have been selected as a recipient of performance units (“Performance Units”) under the 2017 Omnibus Incentive Plan of Dril-Quip, Inc. (the “Plan”). This Award Agreement (“Agreement”) and the Plan together govern your rights and set forth all of the conditions and limitations affecting such rights. Terms used in this Agreement that are defined in the Plan will have the meanings ascribed to them in the Plan. If there is any inconsistency between the terms of this Agreement and the terms of the Plan, the Plan’s terms will supersede and replace the conflicting terms of this Agreement.

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