Stock Option Agreement Signature Page under Complete Production Services, Inc. 2008 Incentive Award Plan (Executive Officers)

Summary

This agreement is between Complete Production Services, Inc. and an executive officer, granting the executive the right to purchase company stock under the 2008 Incentive Award Plan. The agreement outlines the number of shares, exercise price, vesting schedule, and expiration date. The executive must remain employed for options to vest, with special provisions for retirement. The agreement is binding and subject to the terms of the plan, including arbitration for disputes.

EX-10.2 3 h58908exv10w2.htm FORM OF SIGNATURE PAGE FOR STOCK OPTION AGREEMENT TERMS AND CONDITIONS exv10w2

Exhibit 10.2

Signature Page to the Stock Option Agreement Terms and Conditions (rev. 2008)
(executive officers)

Complete Production Services, Inc.
2008 Incentive Award Plan


[Executive Name]		[Street Address]
Optionee’s Tax ID #: [SSN]		[City, State, Zip, Country]

Complete Production Services, Inc., a Delaware corporation (the “Company”), pursuant to the Complete Production Services, Inc. 2008 Incentive Award Plan (the “Plan”), hereby grants to you (“Executive”), an option to purchase the shares of the Company’s common stock, par value $0.01, as set forth below (“Option”) and subject to the terms and conditions contained in the Stock Option Agreement Terms and Conditions (Rev. 2008) and the Plan.


Option Grant Date:

Total Shares Subject to the Option:		shares

Exercise Price per Share:	$

Total Exercise Price:	$

Expiration Date:**

Type of Option:

o		Incentive Stock Option, up to the maximum number permitted by the Code and non-qualified options as to all other shares

o		Non-Qualified Stock Option as to all shares

Vesting Schedule**:

This Option will vest and become exercisable in increments on the following dates, provided you are still an employee on that date:


Shares		Vest Date
____________		___/___/___
____________		___/___/___
____________		___/___/___


**		This Option will not vest and the option exercise period will expire sooner than shown under certain circumstances, including your Termination of Service. See the Stock Option Agreement Terms and Conditions (Rev. 2008). Notwithstanding the terms set forth in the Stock Option Agreement Terms and Conditions (Rev. 2008), in the event of your Termination of Services due to retirement (as determined by the Administrator), you shall have one year following such retirement to exercise your vested Options.

You and the Company agree that this Option is granted under and governed by the terms and conditions of the Stock Option Agreement Terms and Conditions (Rev. 2008), the Plan and this Signature Page, which together are a binding agreement. You acknowledge that you have read, understand and agree to be bound by the Stock Option Agreement Terms and Conditions(Rev. 2008), this Signature Page and the Plan, including the provisions governing the resolution of all disputes between you and the Company through arbitration, the vesting and termination of your Options, the exercise procedures, and the other restrictions contained therein.


COMPLETE PRODUCTION SERVICES, INC.		EXECUTIVE



Name:

Title:		[Executive Name]