0001144204-06-048768 Sample Contracts

FOSTER WHEELER LTD. OMNIBUS INCENTIVE PLAN Employee Restricted Stock Unit Award Agreement
Award Agreement • November 17th, 2006 • Foster Wheeler LTD • Heavy construction other than bldg const - contractors

Pursuant to the Foster Wheeler Ltd. Omnibus Incentive Plan (the “Plan”), a copy of which has been delivered to you, along with a prospectus describing the material terms of the Plan, and in accordance with the terms and conditions of the Plan and your agreement to such additional terms, conditions and restrictions as are set forth below, you have been granted as of the date set forth above a Restricted Stock Unit Award (the “Restricted Stock Unit Award”), meaning the right to receive common stock of Foster Wheeler Ltd. (the “Company”), par value of $.01 per share, on the terms and conditions set forth herein. Capitalized terms used but not defined in this Employee Restricted Stock Unit Award Agreement (the “Agreement”) have the meanings ascribed to them in the Plan.

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FOSTER WHEELER LTD. OMNIBUS INCENTIVE PLAN Director Restricted Stock Unit Agreement
Restricted Stock Unit Agreement • November 17th, 2006 • Foster Wheeler LTD • Heavy construction other than bldg const - contractors

Pursuant to the Foster Wheeler Ltd. Omnibus Incentive Plan (the “Plan”), a copy of which has been delivered to you, along with a prospectus describing the material terms of the Plan, and in accordance with the terms and conditions of the Plan and your agreement to such additional terms, conditions and restrictions as are set forth below, you have been granted as of the date set forth above a Restricted Stock Unit Award (the “Restricted Stock Unit Award”), meaning the right to receive common stock of Foster Wheeler Ltd. (the “Company”), par value of $.01 per share, on the terms and conditions set forth herein. Capitalized terms used but not defined in this Director Restricted Stock Unit Award Agreement (the “Agreement”) have the meanings ascribed to them in the Plan.

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