0000950129-06-010304 Sample Contracts

PRIDE INTERNATIONAL, INC. 1998 LONG-TERM INCENTIVE PLAN NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • December 22nd, 2006 • Pride International Inc • Oil & gas field services, nec • Texas

This option agreement (“Option Agreement” or “Agreement”) executed between PRIDE INTERNATIONAL, INC. (the “Company”), and ___ (the “Optionee”), an employee of the Company or one of its Subsidiaries, regarding a right (the “Option”) awarded to the Optionee on December 18, 2006 (the “Award Date”) to purchase from the Company up to but not exceeding in the aggregate ___ shares of Common Stock (as defined in the Pride International, Inc. 1998 Long-Term Incentive Plan (the “Plan”)) at $___.___ per share (the “Exercise Price”), such number of shares and such price per share being subject to adjustment as provided in the Plan, and further subject to the following terms and conditions:

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PRIDE INTERNATIONAL, INC. CHANGE IN CONTROL/NON-COMPETITION/ CONFIDENTIALITY AGREEMENT LEONARD E. TRAVIS
Change in Control/Non-Competition/Confidentiality Agreement • December 22nd, 2006 • Pride International Inc • Oil & gas field services, nec • Texas

This Change in Control/Non-Competition/Confidentiality Agreement by and between Pride International, Inc. (the “Company” and as further defined below) and Leonard E. Travis (“Employee”), effective as of December 18, 2006 (the “Agreement”), is made on the terms as herein provided.

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