To: Brian Allman Subject: Retention Award Letter Agreement (June 16th, 2017)
Bristow Group Inc. (the Company) has selected you to receive a Retention Award in order to incentivize your continued employment with the Company with continued high performance as well as to reward you for exceptional contributions to the Companys business and objectives during fiscal year 2017. This Retention Award Letter Agreement describes the terms and conditions of your Retention Award, and it requires your acknowledgement and acceptance as described below.
August 14, 2015 Don Miller Dear Don: (August 17th, 2015)
Effective as of the date thereof (the Award Date), Bristow Group Inc. (the Company) hereby grants to you nonqualified stock options (Options) to purchase 26,406 Shares of common stock of the Company, $.01 par value (Common Stock), in accordance with the Bristow Group Inc. 2007 Long Term Incentive Plan (the Plan). For the avoidance of doubt, the changes to the vesting of awards under the Plan that were adopted by the Compensation Committee of the Companys Board of Directors on June 4, 2014 that were memorialized in the Bristow Group Inc. Management Severance Benefits Plan for U.S. Employees effective as of June 4, 2014 shall not apply to the Nonqualified Stock Option Award contemplated hereunder.