0001193125-13-425386 Sample Contracts

CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • November 4th, 2013 • McDermott International Inc • Fabricated plate work (boiler shops) • Texas
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SEPARATION AGREEMENT
Separation Agreement • November 4th, 2013 • McDermott International Inc • Fabricated plate work (boiler shops) • Texas

This Separation Agreement (this “Agreement”) is entered into by and between, and shall inure to the benefit of and be binding upon, the following parties:

McDermott International, Inc. Retention Restricted Stock Award Grant Agreement
Retention Restricted Stock Award Grant Agreement • November 4th, 2013 • McDermott International Inc • Fabricated plate work (boiler shops)

This Retention Restricted Stock Award Grant Agreement (this “Agreement”) is made and entered into by and between McDermott International, Inc., a Panamanian corporation (“McDermott” or the “Company”), and David Dickson, an individual and employee of the Company (“Grantee”), as of the 31st day of October, 2013 (the “Date of Grant”). The shares of Restricted Stock granted to Grantee pursuant to this Agreement are not being granted under the 2009 McDermott International, Inc. Long-Term Incentive Plan, as it may be amended from time to time hereafter (the “Plan”), but are subject to the terms and conditions as would be applicable if they had been granted under the Plan, except for Sections 4.1 and 4.2 of the Plan. Accordingly, the terms and conditions of the Plan are hereby incorporated herein by this reference and shall apply to this grant of Restricted Stock as if such grant was granted pursuant to the terms of the Plan, except to the extent that this Agreement expressly provides to the

August 8, 2013 Retention Restricted Stock Unit Grant Agreement
Retention Restricted Stock Unit Grant Agreement • November 4th, 2013 • McDermott International Inc • Fabricated plate work (boiler shops)

On August 8, 2013, 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 Restricted Stock Units (“RSUs”) under the 2009 McDermott International, Inc. Long-Term Incentive Plan (the “Plan”) on August 8, 2013 (the “Date of Grant”). The provisions of the Plan are incorporated herein by reference.

Personal & Confidential October 17, 2013 David Dickson Dear David:
McDermott International Inc • November 4th, 2013 • Fabricated plate work (boiler shops)

We are pleased to confirm our offer for you to join McDermott International, Inc. (“McDermott”). The details of our offer, which when accepted by you, will become our agreement (this “Agreement”), are:

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