THE HOUSTON EXPLORATION COMPANY 2004 LONG TERM INCENTIVE PLAN EMPLOYEE RESTRICTED STOCK AGREEMENT2004 Long Term Incentive Plan Employee Restricted Stock Agreement • August 8th, 2006 • Houston Exploration Co • Oil & gas field exploration services • Texas
This Restricted Stock Agreement (the “Agreement”) is made between The Houston Exploration Company, a Delaware corporation (the “Company”), and «Name» (the “Employee”). The Company considers that its interests will be served by granting Employee shares of restricted common stock of the Company as an inducement for his or her continued and effective performance of services to the Company. The Board of Directors has adopted, and the stockholders have approved, The Houston Exploration Company 2004 Long Term Incentive Plan (the “Plan”). The Employee has been designated as a participant in the Plan.
