0000950129-04-009249 Sample Contracts

NON-QUALIFIED STOCK OPTION AGREEMENT GREY WOLF, INC. 2003 INCENTIVE PLAN (effective as of March 26, 2003)
Non-Qualified Stock Option Agreement • November 22nd, 2004 • Grey Wolf Inc • Drilling oil & gas wells • Texas

THIS NON-QUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) made as of March 25, 2004, by and between GREY WOLF, INC., a corporation organized under the laws of the State of Texas (the “Company”), and Thomas P. Richards, an individual (the “Grantee”);

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NON-QUALIFIED STOCK OPTION AGREEMENT GREY WOLF, INC. 2003 INCENTIVE PLAN (effective as of March 26, 2003)
Non-Qualified Stock Option Agreement • November 22nd, 2004 • Grey Wolf Inc • Drilling oil & gas wells • Texas

THIS NON-QUALIFIED STOCK OPTION AGREEMENT (this “Agreement”) made as of March 25, 2004, by and between GREY WOLF, INC., a corporation organized under the laws of the State of Texas (the “Company”), and «FirstName» «LastName», an individual (the “Grantee”);

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