0001104659-04-015534 Sample Contracts

SEVERANCE AGREEMENT
Severance Agreement • May 25th, 2004 • Stewart & Stevenson Services Inc • Engines & turbines • Texas

THIS AGREEMENT, effective as of February 1, 2004, is made by and between Stewart & Stevenson Services, Inc., a Texas corporation (the “Company”), and Max L. Lukens (the “Executive”).

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EMPLOYMENT AGREEMENT
Employment Agreement • May 25th, 2004 • Stewart & Stevenson Services Inc • Engines & turbines • Texas

AGREEMENT, effective as of February 1, 2004 by and between Max L. Lukens (the “Executive”) and Stewart & Stevenson Services, Inc., a Texas corporation (the “Company”).

STEWART & STEVENSON SERVICES, INC. NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • May 25th, 2004 • Stewart & Stevenson Services Inc • Engines & turbines • Texas

THIS AGREEMENT, made and entered into as of March 31, 2004 (the “Grant Date”), is between Stewart & Stevenson Services, Inc., a Texas corporation (hereinafter called the “Company”) and Max L. Lukens (hereinafter called the “Employee”).

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