0001299933-05-000307 Sample Contracts

RESTRICTED STOCK AGREEMENT Pursuant to the Amended and Restated Equity Ownership Plan
Restricted Stock Agreement • January 24th, 2005 • Seabulk International Inc • Deep sea foreign transportation of freight • Florida

AGREEMENT made as of the xxxth day of xxx, between SEABULK INTERNATIONAL, INC., a Delaware corporation (the “Company”), and (“Employee”).

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Seabulk International Inc. Non-Qualified Stock Option Agreement pursuant to the Amended and Restated Equity Ownership Plan
Seabulk International Inc • January 24th, 2005 • Deep sea foreign transportation of freight • Delaware

Seabulk International Inc., a Delaware corporation (the “Company”), does hereby grant to xxxxxxxxx (the “Grantee”) a Non-Qualified Stock Option (the “Option”) to purchase xxxxxxx shares of Common Stock of the Company (the “Shares”) at a price of XXXXX Dollars and XXXXX ($xx.xx) per share (the “Exercise Price”). This Option is not to be treated as (and is not intended to qualify as) an incentive stock option within the meaning of Section 422 of the Code.

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