Stock Option Grant AgreementStock Option Grant Agreement • March 1st, 2011 • McDermott International Inc • Fabricated plate work (boiler shops)
On , 2011 (the “Date of Grant”) the Compensation Committee of the Board of Directors (the “Committee”) of McDermott International, Inc. (the “Company”) selected you to receive a grant of Non-Qualified Stock Options (the “Option”) under the Company’s 2009 McDermott International, Inc. Long-Term Incentive Plan (the “Plan”). The provisions of the Plan are incorporated herein by reference.
RSU GRANT AGREEMENTRsu Grant Agreement • March 1st, 2011 • McDermott International Inc • Fabricated plate work (boiler shops)
The grant of RSUs (as defined below) set forth under this Grant Agreement is being made in connection with the spin-off of The Babcock & Wilcox Company from McDermott International, Inc. pursuant to the Plan (as defined below). This grant, including the terms and conditions thereof as set forth in this Grant Agreement, is issued as a replacement grant in substitution of the Performance Share award granted to you on (the “Original Grant Date”), which award is hereby cancelled.
STOCK OPTION GRANT AGREEMENTStock Option Grant Agreement • March 1st, 2011 • McDermott International Inc • Fabricated plate work (boiler shops)
The grant of Options (as defined below) set forth under this Grant Agreement is being made in connection with the spin-off of The Babcock & Wilcox Company from McDermott International, Inc. pursuant to the Plan (as defined below). This grant, including the terms and conditions thereof as set forth in this Grant Agreement, is issued as a replacement grant in substitution of the stock option award granted to you on (the “Original Grant Date”), which award is hereby cancelled.
RABBI TRUST AGREEMENT by and between MCDERMOTT INTERNATIONAL, INC. and Mellon Bank, N.A.Rabbi Trust Agreement • March 1st, 2011 • McDermott International Inc • Fabricated plate work (boiler shops) • Massachusetts
THIS RABBI TRUST AGREEMENT is effective this 7th day of July, 2008, by and between MCDERMOTT INTERNATIONAL, INC. (“Company”) and MELLON BANK, N.A. (“Trustee”).
McDermott International, Inc. 2009 Long-Term Incentive PlanMii Restricted Stock Grant Agreement • March 1st, 2011 • McDermott International Inc • Fabricated plate work (boiler shops)
Pursuant to the Restructuring Transaction Retention Agreement between you and McDermott International, Inc. (“MII”) dated December 10, 2010, the Compensation Committee of the Board of Directors (the “Committee”) of MII has awarded you a grant of shares of restricted stock (the “Restricted Stock”) under MII’s 2009 Long-Term Incentive Plan (the “Plan”). The provisions of the Plan are incorporated herein by reference.
RSU GRANT AGREEMENTRsu Grant Agreement • March 1st, 2011 • McDermott International Inc • Fabricated plate work (boiler shops)
The grant of RSUs (as defined below) set forth under this Grant Agreement is being made in connection with the spin-off of The Babcock & Wilcox Company from McDermott International, Inc. pursuant to the Plan (as defined below). This grant, including the terms and conditions thereof as set forth in this Grant Agreement, is issued as a replacement grant in substitution of the Performance Share award granted to you on (the “Original Grant Date”), which award is hereby cancelled.
Total Shareholder Return Performance Share Grant AgreementShare Grant Agreement • March 1st, 2011 • McDermott International Inc • Fabricated plate work (boiler shops)
On (the “Date of Grant”), the Compensation Committee of the Board of Directors (the “Committee”) of McDermott International, Inc. (“McDermott” or the “Company”) selected you to receive a grant of performance shares (“Performance Shares”) under the 2009 McDermott International, Inc. Long-Term Incentive Plan (the “Plan”). The provisions of the Plan are incorporated herein by reference.
RSU Grant Agreement McDermott International, Inc. 2009 Long-Term Incentive PlanRsu Grant Agreement • March 1st, 2011 • McDermott International Inc • Fabricated plate work (boiler shops)
On , 2011 (the “Date of Grant”), the Compensation Committee of the Board of Directors (the “Committee”) of McDermott International, Inc. (the “Company”) selected you to receive a grant of Restricted Stock Units (“RSUs”) under the Company’s 2009 Long-Term Incentive Plan (the “Plan”). The provisions of the Plan are incorporated herein by reference.
