PLAINS EXPLORATION & PRODUCTION COMPANY RESTRICTED STOCK AWARD FOR DIRECTORSRestricted Stock Award for Directors • February 24th, 2011 • Plains Exploration & Production Co • Crude petroleum & natural gas • Delaware
This Restricted Stock Award made as of the day of , 20 (the “Grant Date”), by and between Plains Exploration & Production Company (the “Company”), to (the “Grantee”), evidences the grant by the Company of a stock award of restricted shares to the Grantee on such date (the “Award”) and the Grantee’s acceptance of the Award in accordance with the provisions of the Plains Exploration & Production Company 2010 Incentive Award Plan, as amended or restated from time to time (the “Plan”). The Company and the Grantee agree as follows:
