May 10, 2016 (July 26th, 2016)
I am pleased to advise you that the Compensation Committee of the Board of Directors (the "Committee") of McDermott International, Inc. (the "Company") approved a grant to you (the "Grant") of 26,966 shares of restricted stock under the 2016 McDermott International, Inc. Long-Term Incentive Plan (the "Plan") to be made on May 10, 2016 (the "Grant Date"). A copy of the Prospectus relating to the Plan, which includes a copy of the Plan, has previously been made available to you. The restricted stock award will have no Vesting Period (as defined in the Plan), and the restrictions on the Grant will lapse on the Grant Date.
McDermott Stephen L. Allen Senior Vice President, Human Resources Houston, Texas 77079-4425 Houston, Texas 77094-7519 Fax: (281) 870-5125 (August 25th, 2014)
We are pleased to confirm our offer for you to join McDermott International, Inc. (McDermott). The details of our offer, which when accepted by you, will become our agreement (this Agreement), are: