Document:

exv10w2

Exhibit 10.2

April 27, 2009

Lisa W. Rodriguez

Hercules Offshore, Inc.

9 Greenway Plaza, Suite 2200

Houston, Texas 77046

     The Company appreciates your willingness and offer to modify certain aspects of your
compensation arrangement as set forth in the following paragraph of this letter. Please review
this proposal and consider it carefully. If you find the proposed modifications acceptable, please
signify your agreement by executing this letter in the space provided below.

     Reference is made to that certain Executive Employment Agreement between you and Hercules
Offshore, Inc. (the “Company”), dated effective as of December 15, 2008 (the “Employment
Agreement”). For good and valuable consideration provided by each to the other, the sufficiency of
which is hereby acknowledged, you hereby agree with the Company to waive certain provisions of your
Employment Agreement in connection with the reduction of your salary approved by the Company’s
Compensation Committee of the Board of Directors (the “Salary Reduction”) on April 22, 2009.
Specifically, you hereby agree to waive Section 4(b)(i) of your Employment Agreement that provides,
“in no event shall the Annual Base Salary as defined in the Employment Agreement be less than
$400,000.” In addition, you hereby agree that the Salary Reduction shall not constitute “good
reason” under Section 5(c)(i) of the Employment Agreement for purposes of termination of the
Employment Agreement by you. Further, to the extent necessary to effectuate the foregoing, the
Executive and the Company hereby amend the Employment Agreement so that the Salary Reduction will
not constitute a breach of Section 4(b)(i) of the Employment Agreement or “good reason” for
termination under Section 5(c)(i) thereunder. Upon request by the Company, the Executive will
promptly execute such additional documentation of this agreement as the Company may reasonably
request. The Salary Reduction will not be taken into account for the purpose of the calculation of
severance or benefits due on a change in control.

     To the extent of any conflict, inconsistency or ambiguity between the terms of the Employment
Agreement and this letter agreement, the terms of this letter agreement shall govern and prevail.
In all other respects, the terms of the Employment Agreement continue to be in full force and
effect.

	 	 	 	 	 
	 	Sincerely,

Hercules Offshore, Inc.

 	 
	 	By:  	     /s/ John T. Rynd
 	 
	 	 	John T. Rynd 	 
	 	 	Chief Executive Officer and President 	 
	 

AGREED to this 27th day of April, 2009

	 	 	 	 	 
	By:

	 	     /s/ Lisa W. Rodriguez
	 	 
	 

	 	 	 	 
	 

	 	Lisa W. Rodriguezexv10w3

Exhibit 10.3

April 27, 2009

James W. Noe

Hercules Offshore, Inc.

9 Greenway Plaza, Suite 2200

Houston, Texas 77046

     The Company appreciates your willingness and offer to modify certain aspects of your
compensation arrangement as set forth in the following paragraph of this letter. Please review
this proposal and consider it carefully. If you find the proposed modifications acceptable, please
signify your agreement by executing this letter in the space provided below.

     Reference is made to that certain Executive Employment Agreement between you and Hercules
Offshore, Inc. (the “Company”), dated effective as of December 15, 2008 (the “Employment
Agreement”). For good and valuable consideration provided by each to the other, the sufficiency of
which is hereby acknowledged, you hereby agree with the Company to waive certain provisions of your
Employment Agreement in connection with the reduction of your salary approved by the Company’s
Compensation Committee of the Board of Directors (the “Salary Reduction”) on April 22, 2009.
Specifically, you hereby agree to waive Section 4(b)(i) of your Employment Agreement that provides,
“in no event shall the Annual Base Salary as defined in the Employment Agreement be less than
$375,000.” In addition, you hereby agree that the Salary Reduction shall not constitute “good
reason” under Section 5(c)(i) of the Employment Agreement for purposes of termination of the
Employment Agreement by you. Further, to the extent necessary to effectuate the foregoing, the
Executive and the Company hereby amend the Employment Agreement so that the Salary Reduction will
not constitute a breach of Section 4(b)(i) of the Employment Agreement or “good reason” for
termination under Section 5(c)(i) thereunder. Upon request by the Company, the Executive will
promptly execute such additional documentation of this agreement as the Company may reasonably
request. The Salary Reduction will not be taken into account for the purpose of the calculation of
severance or benefits due on a change in control.

     To the extent of any conflict, inconsistency or ambiguity between the terms of the Employment
Agreement and this letter agreement, the terms of this letter agreement shall govern and prevail.
In all other respects, the terms of the Employment Agreement continue to be in full force and
effect.

	 	 	 	 	 
	 	Sincerely,

Hercules Offshore, Inc.

 	 
	 	By:  	     /s/ John T. Rynd
 	 
	 	 	John T. Rynd 	 
	 	 	Chief Executive Officer and President 	 
	 

AGREED to this 27th day of April, 2009

	 	 	 	 	 
	By:

	 	     /s/ James W. Noe
	 	 
	 

	 	 	 	 
	 

	 	James W. Noeexv10w4

Exhibit 10.4

April 27, 2009

Terrell L. Carr

Hercules Offshore, Inc.

9 Greenway Plaza, Suite 2200

Houston, Texas 77046

     The Company appreciates your willingness and offer to modify certain aspects of your
compensation arrangement as set forth in the following paragraph of this letter. Please review
this proposal and consider it carefully. If you find the proposed modifications acceptable, please
signify your agreement by executing this letter in the space provided below.

     Reference is made to that certain Executive Employment Agreement between you and Hercules
Offshore, Inc. (the “Company”), dated effective as of December 15, 2008 (the “Employment
Agreement”). For good and valuable consideration provided by each to the other, the sufficiency of
which is hereby acknowledged, you hereby agree with the Company to waive certain provisions of your
Employment Agreement in connection with the reduction of your salary approved by the Company’s
Compensation Committee of the Board of Directors (the “Salary Reduction”) on April 22, 2009.
Specifically, you hereby agree to waive Section 4(b)(i) of your Employment Agreement that provides,
“in no event shall the Annual Base Salary as defined in the Employment Agreement be less than
$305,000.” In addition, you hereby agree that the Salary Reduction shall not constitute “good
reason” under Section 5(c)(i) of the Employment Agreement for purposes of termination of the
Employment Agreement by you. Further, to the extent necessary to effectuate the foregoing, the
Executive and the Company hereby amend the Employment Agreement so that the Salary Reduction will
not constitute a breach of Section 4(b)(i) of the Employment Agreement or “good reason” for
termination under Section 5(c)(i) thereunder. Upon request by the Company, the Executive will
promptly execute such additional documentation of this agreement as the Company may reasonably
request. The Salary Reduction will not be taken into account for the purpose of the calculation of
severance or benefits due on a change in control.

     To the extent of any conflict, inconsistency or ambiguity between the terms of the Employment
Agreement and this letter agreement, the terms of this letter agreement shall govern and prevail.
In all other respects, the terms of the Employment Agreement continue to be in full force and
effect.

	 	 	 	 	 
	 	Sincerely,

Hercules Offshore, Inc.

 	 
	 	By:  	     /s/ John T. Rynd
 	 
	 	 	John T. Rynd 	 
	 	 	Chief Executive Officer and President 	 
	 

AGREED to this 27th day of April, 2009

	 	 	 	 	 
	By:

	 	     /s/ Terrell L. Carr
	 	 
	 

	 	 	 	 
	 

	 	Terrell L. Carrexv10w5

Exhibit 10.5

April 27, 2009

Todd Pellegrin

Hercules Offshore, Inc.

9 Greenway Plaza, Suite 2200

Houston, Texas 77046

     The Company appreciates your willingness and offer to modify certain aspects of your
compensation arrangement as set forth in the following paragraph of this letter. Please review
this proposal and consider it carefully. If you find the proposed modifications acceptable, please
signify your agreement by executing this letter in the space provided below.

     Reference is made to that certain Executive Employment Agreement between you and Hercules
Offshore, Inc. (the “Company”), dated effective as of December 15, 2008 (the “Employment
Agreement”). For good and valuable consideration provided by each to the other, the sufficiency of
which is hereby acknowledged, you hereby agree with the Company to waive certain provisions of your
Employment Agreement in connection with the reduction of your salary approved by the Company’s
Compensation Committee of the Board of Directors (the “Salary Reduction”) on April 22, 2009.
Specifically, you hereby agree to waive Section 4(b)(i) of your Employment Agreement that provides,
“in no event shall the Annual Base Salary as defined in the Employment Agreement be less than
$240,000.” In addition, you hereby agree that the Salary Reduction shall not constitute “good
reason” under Section 5(c)(i) of the Employment Agreement for purposes of termination of the
Employment Agreement by you. Further, to the extent necessary to effectuate the foregoing, the
Executive and the Company hereby amend the Employment Agreement so that the Salary Reduction will
not constitute a breach of Section 4(b)(i) of the Employment Agreement or “good reason” for
termination under Section 5(c)(i) thereunder. Upon request by the Company, the Executive will
promptly execute such additional documentation of this agreement as the Company may reasonably
request. The Salary Reduction will not be taken into account for the purpose of the calculation of
severance or benefits due on a change in control.

     To the extent of any conflict, inconsistency or ambiguity between the terms of the Employment
Agreement and this letter agreement, the terms of this letter agreement shall govern and prevail.
In all other respects, the terms of the Employment Agreement continue to be in full force and
effect.

	 	 	 	 	 
	 	Sincerely,

Hercules Offshore, Inc.

 	 
	 	By:  	     /s/ John T. Rynd
 	 
	 	 	John T. Rynd 	 
	 	 	Chief Executive Officer and President 	 
	 

AGREED to this 27th day of April, 2009

	 	 	 	 	 
	By:

	 	     /s/ Todd Pellegrin
	 	 
	 

	 	 	 	 
	 

	 	Todd Pellegrin

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