0001047469-14-001701 Sample Contracts

RESTRICTED STOCK AGREEMENT NABORS INDUSTRIES, INC.
Restricted Stock Agreement • March 3rd, 2014 • Nabors Industries LTD • Drilling oil & gas wells • Delaware

This Restricted Stock Grant ("Restricted Stock Grant") is effective the of ("Date of Grant") between Nabors Industries, Inc. ("NII"), acting on behalf of Nabors Industries Ltd. ("NIL" or the "Company") and at the request of a subsidiary of NIL (the "Subsidiary"), and Anthony G. Petrello ("Grantee"), an employee of Subsidiary,

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FORM OF STANDARD STOCK OPTION AGREEMENT NABORS INDUSTRIES LTD.
Stock Option Agreement • March 3rd, 2014 • Nabors Industries LTD • Drilling oil & gas wells • Texas

This Stock Option Agreement ("Agreement") is effective the day of , ("Date of Grant") between Nabors Industries, Inc. ("NII"), acting on behalf of Nabors Industries Ltd. ("NIL") and at the request of a subsidiary of NIL ("Subsidiary") (collectively the "Company"), and [insert employee's name] ("Optionee"), an employee of Subsidiary.

RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • March 3rd, 2014 • Nabors Industries LTD • Drilling oil & gas wells • Texas

This Restricted Stock Grant ("Grant") is effective the day of , between Nabors Industries, Inc. ("NII"), acting on behalf of Nabors Industries Ltd. ("NIL") and at the request of , a subsidiary of NIL (the "Subsidiary") (collectively the "Company"), and [insert employee's name] ("Grantee"), an employee of Subsidiary,

RESTRICTED STOCK AGREEMENT NABORS INDUSTRIES LTD.
Restricted Stock Agreement • March 3rd, 2014 • Nabors Industries LTD • Drilling oil & gas wells • Delaware

This Restricted Stock Grant ("Grant") is made as of this day of by NABORS INDUSTRIES LTD. ("NIL" or the "Company") to ("Grantee"), pursuant to the Nabors Industries Ltd. 2013 Stock Plan ("2013 Plan").

RESTRICTED STOCK AGREEMENT NABORS INDUSTRIES, INC.
Restricted Stock Agreement • March 3rd, 2014 • Nabors Industries LTD • Drilling oil & gas wells • Delaware

This Restricted Stock Grant ("Restricted Stock Grant") between Nabors Industries, Inc. ("NII"), acting on behalf of Nabors Industries Ltd. ("NIL" or the "Company"), and Anthony G. Petrello ("Grantee"), an Eligible Recipient, contains the terms and conditions under which the Compensation Committee of the Board of Directors (the "Committee") of NIL, has awarded to Grantee, as of (the "Date of Grant") and pursuant to the Nabors Industries Ltd. 2013 Stock Plan ("2013 Plan"), certain restricted common shares of the Company to incentivize Grantee to contribute to the success of the Company. The applicable terms of the 2013 Plan are incorporated in this Restricted Stock Grant by reference, including the definitions of terms contained in the 2013 Plan.

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