Independence Contract Sample Contracts

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AMENDED AND RESTATED EQUITY DISTRIBUTION AGREEMENT
Independence Contract • August 19th, 2021 • Independence Contract Drilling, Inc. • Drilling oil & gas wells • New York

Reference is hereby made to the Equity Distribution Agreement, dated June 5, 2020 (the “Original Equity Distribution Agreement”), by and among Independence Contract Drilling, Inc., a Delaware corporation (the “Company”) and Piper Sandler & Co. Capitalized terms used herein and not defined have the respective meanings set forth in the Original Equity Distribution Agreement.

INDEPENDENCE CONTRACT DRILLING, INC. FORM OF STOCK APPRECIATION RIGHTS AGREEMENT SHARE SETTLED
Independence Contract • March 21st, 2022 • Independence Contract Drilling, Inc. • Drilling oil & gas wells • Texas
INDEPENDENCE CONTRACT DRILLING, INC. RESTRICTED STOCK UNIT AWARD AGREEMENT (TIME VESTING) Grantee: [NAME]
Independence Contract • March 21st, 2022 • Independence Contract Drilling, Inc. • Drilling oil & gas wells • Delaware
PERFORMANCE UNIT AWARD AGREEMENT UTILIZATION (UPTIME)
Independence Contract • February 14th, 2017 • Independence Contract Drilling, Inc. • Drilling oil & gas wells • Delaware
PERFORMANCE UNIT AWARD AGREEMENT SAFETY (TRIR)
Independence Contract • February 14th, 2017 • Independence Contract Drilling, Inc. • Drilling oil & gas wells • Delaware
INDEPENDENCE CONTRACT DRILLING, INC. NONQUALIFIED STOCK OPTION AGREEMENT
Independence Contract • July 18th, 2014 • Independence Contract Drilling, Inc. • Drilling oil & gas wells

THIS NON QUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) is effective [•] (the “Grant Date”), between Independence Contract Drilling, Inc., a Delaware corporation (the “Company”), and [•] (the “Holder”).

AMENDED AND RESTATED INDEPENDENCE CONTRACT DRILLING, INC. 2012 OMNIBUS INCENTIVE PLAN (As Amended , 2014)
Independence Contract • July 18th, 2014 • Independence Contract Drilling, Inc. • Drilling oil & gas wells • Texas
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