SEAHAWK DRILLING, INC. SECOND AMENDED AND RESTATED EMPLOYMENT/ NON- COMPETITION/CONFIDENTIALITY AGREEMENT RANDALL D. STILLEYConfidentiality Agreement • August 28th, 2009 • Seahawk Drilling, Inc. • Drilling oil & gas wells • Texas
This Second Amended and Restated Employment/Non-Competition/Confidentiality Agreement by and between Seahawk Drilling, Inc. (the “Company”) and Randall D. Stilley (“Employee”) (together the “Parties”), effective as of August 25, 2009 (the “Agreement”), is made on the terms as herein provided.
SEAHAWK DRILLING, INC. NON-QUALIFIED STOCK OPTION AGREEMENTOption Agreement • August 28th, 2009 • Seahawk Drilling, Inc. • Drilling oil & gas wells • Texas
This option agreement (“Option Agreement” or “Agreement”) executed between SEAHAWK DRILLING, INC. (the “Company”), and (the “Optionee”), an employee of the Company or one of its Subsidiaries, regarding a right (the “Option”) awarded to the Optionee on (the “Grant Date”) to purchase from the Company up to but not exceeding in the aggregate shares of Common Stock (as defined in the Seahawk Drilling, Inc. 2009 Long-Term Incentive Plan (the “Plan”)) at $ . per share (the “Grant Price”), such number of shares and such price per share being subject to adjustment as provided in the Plan, and further subject to the following terms and conditions:
SEAHAWK DRILLING, INC. NON-QUALIFIED STOCK OPTION AGREEMENTOption Agreement • August 28th, 2009 • Seahawk Drilling, Inc. • Drilling oil & gas wells • Texas
This option agreement (“Option Agreement” or “Agreement”) executed between SEAHAWK DRILLING, INC. (the “Company”), and (the “Optionee”), a non-employee Director of the Company, regarding a right (the “Option”) awarded to the Optionee on (the “Grant Date”) to purchase from the Company up to but not exceeding in the aggregate shares of Common Stock (as defined in the Seahawk Drilling, Inc. 2009 Long-Term Incentive Plan (the “Plan”)) at $ . per share (the “Grant Price”), such number of shares and such price per share being subject to adjustment as provided in the Plan, and further subject to the following terms and conditions:
SEAHAWK DRILLING, INC. RESTRICTED STOCK UNIT AGREEMENTRestricted Stock Unit Agreement • August 28th, 2009 • Seahawk Drilling, Inc. • Drilling oil & gas wells • Texas
This Restricted Stock Unit Agreement (“Agreement”) between SEAHAWK DRILLING, INC. (the “Company”) and (the “Grantee”), an employee of the Company or one of its Subsidiaries, regarding an award (“Award”) of units of Common Stock (as defined in the Seahawk Drilling, Inc. 2009 Long-Term Incentive Plan (the “Plan”), such Common Stock comprising this Award referred to herein as “Restricted Stock Units”) awarded to the Grantee on (the “Grant Date”), such number of Restricted Stock Units subject to adjustment as provided in Section 16 of the Plan, and further subject to the following terms and conditions:
SEAHAWK DRILLING, INC. RESTRICTED STOCK UNIT AGREEMENTRestricted Stock Unit Agreement • August 28th, 2009 • Seahawk Drilling, Inc. • Drilling oil & gas wells • Texas
This Restricted Stock Unit Agreement (“Agreement”) between SEAHAWK DRILLING, INC. (the “Company”) and (the “Grantee”), a non-employee Director of the Company, regarding an award (“Award”) of units of Common Stock (as defined in the Seahawk Drilling, Inc. 2009 Long-Term Incentive Plan (the “Plan”), such Common Stock comprising this Award referred to herein as “Restricted Stock Units”) awarded to the Grantee on , 20 (the “Grant Date”), such number of Restricted Stock Units subject to adjustment as provided in Section 16 of the Plan, and further subject to the following terms and conditions:
