Document:

Stock Option Agreement

 Exhibit 10.1 
 STOCK OPTION AGREEMENT 
 FOR THE GRANT OF
NON-QUALIFIED STOCK OPTIONS 
 UNDER THE EIGHTH AMENDED AND RESTATED 
 OMNI ENERGY SERVICES CORP. 
 STOCK INCENTIVE PLAN 
 THIS AGREEMENT is effective as of
January 1, 2010 by and between OMNI Energy Services Corp., a Louisiana corporation (the “Company”), and Brian J. Recatto (the “Optionee”). 
 WHEREAS Optionee is the chief executive officer of the Company and the Company considers it desirable and in its best interest that Optionee be given an inducement to acquire a proprietary interest
in the Company and an incentive to advance the interests of the Company by possessing an option to purchase shares of the common stock of the Company, $.01 par value per share (the “Common Stock”) in accordance with the Eighth Amended and
Restated OMNI Energy Services Corp. Stock Incentive Plan (the “Plan”). 
 NOW, THEREFORE, in consideration of
the premises, it is agreed by and between the parties as follows: 
 I. 
 Grant of Option 
 The Company hereby grants to Optionee
effective January 1, 2010 (the “Date of Grant”) the right, privilege and option to purchase 200,000 shares of Common Stock (the “Option”) at a price of $1.26 per share (the “Exercise Price”). The Option shall vest
and become exercisable as provided in Section II below. The Option is a non-qualified stock option and shall not be treated as an incentive stock option under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”).

 II. 
 Vesting Schedule 
 Subject to the provisions of the Plan and the other provisions of this Section II, and provided
Optionee remains employed by the Company on December 31, 2013, Options shall vest and become exercisable on December 31, 2013 to the extent performance targets are achieved as set forth on Exhibit A. 
 III. 
 Time of
Exercise 
 3.1 During Optionee’s lifetime, the Option may be exercised only by him or his guardian if he has been declared
incompetent. In the event of death, the Option may be exercised as provided herein by the Optionee’s estate or by the person to whom such right devolves as a result of the Optionee’s death. 
 3.2 If Optionee ceases to be an employee because of death or disability within the meaning of Section 22(e)(3) of the Code
(“Disability”), the Option may be exercised, to the extent vested at the time of termination of employment, only within one year from the date on which the Optionee ceases to be an employee, but in no event later than ten years following
the Date of Grant. 

 3.3 If Optionee ceases to be an employee because of retirement, the Option may be exercised,
to the extent vested at the time of termination of employment, only within eighteen (18) months from the date on which Optionee ceases to be an employee, but in no event later than ten years following the Date of Grant. 
 3.4 If Optionee’s employment is terminated, other than as a result of death, Disability or retirement, the Option may be exercised, to
the extent vested at the time of termination of employment, only within three months from the date on which Optionee ceases to be an employee, but in no event later than ten years following the date of grant. 
 3.5 The Option shall expire and may not be exercised later than ten years following the Date of Grant. 
 IV. 
 Method of
Exercise of Option 
 4.1 Optionee may exercise all or a portion of the vested Option per Section II by delivering to the
Company a signed written notice of his intention to exercise the Option, specifying therein the number of shares to be purchased. Upon receiving such notice, and after the Company has received full payment of the Exercise Price, the appropriate
officer of the Company shall cause the transfer of title of the shares purchased to Optionee on the Company’s stock records and cause to be issued to Optionee a stock certificate for the number of shares being acquired. Optionee shall not have
any rights as a shareholder until the stock certificate is issued to him. 
 4.2 The Option may be exercised by the payment of
the Exercise Price in cash, in shares of Common Stock held for six months or in a combination of cash and shares of Common Stock held for six months. The Optionee may also pay the Exercise Price by delivering a properly executed exercise notice
together with irrevocable instructions to a broker approved by the Compensation Committee (with a copy to the Company) to promptly deliver to the Company the amount of sale or loan proceeds to pay the Exercise Price. 
 V. 
 No Contract of
Employment Intended 
 Nothing in this Agreement shall confer upon Optionee any right to continue in the employment of the
Company or any of its subsidiaries, or to interfere in any way with the right of the Company or any of its subsidiaries to terminate Optionee’s employment relationship with the Company or any of its subsidiaries at any time. 

 VI. 
 Binding Effect 
 This Agreement shall inure to the benefit of and be binding upon
the parties hereto and their respective heirs, executors, administrators and successors. 
 VII. 
 Non-Transferability 
 The Option granted hereby may not be transferred, assigned, pledged or hypothecated in any manner, by operation of law or otherwise, other than by will, by the laws of descent and distribution or pursuant to a domestic relations order, as
defined in the Code, and shall not be subject to execution, attachment or similar process. 
 VIII. 
 Inconsistent Provisions 
 The Option granted hereby is subject to the provisions of the Plan as in effect on the date hereof and as it may be amended. In the event any provision of this Agreement conflicts with such a provision of the Plan, the Plan provision shall
control. 
 IN WITNESS WHEREOF the parties hereto have caused this Agreement to be executed on the day and year first
above written. 
  

			
	OMNI ENERGY SERVICES CORP.
		
	By:	 	 /s/ Richard C. White

	Title:	 	Chair – Comp Committee
	
	 /s/ Brian J. Recatto

	Optionee

 EXHIBIT A 
 Total Shares: 200,000 
 Vesting Date: December 31, 2013 
 Number of Options vested on December 31, 2013: Up to 50,000 options per year based on achievement of performance targets set forth below.

 Stock price base (at January 1, 2010): $1.26 per share 
 EBITDA base (2009): $24.0 million 
 Performance Targets (50/50 weighting):

  

													
	 	  	Annual Per
Share
Increase in
Stock Price	  	Cumulative
Stock Price
Target	  	Annual Organic
EBITDA Increase
(Excluding
Acquisitions)	  	Actual EBITDA
Target
	 December 31, 2010
	  	$	0.64	  	$	1.90	  	$	2.4 million	  	$	26.4 million
					
	 December 31, 2011
	  	$	0.90	  	$	2.80	  	$	2.6 million	  	$	29.2 million
					
	 December 31, 2012
	  	$	1.45	  	$	4.25	  	$	2.9 million	  	$	31.9 million
					
	 December 31, 2013
	  	$	2.15	  	$	6.40	  	$	3.2 million	  	$	35.1 million

 If the performance targets (annual per share increase in stock price and annual
organic EBITDA increase (excluding acquisitions)) are met at the end of any year, the 50,000 options for that year shall be earned for that year and vest on the Vesting Date. If the performance targets are not met in a given year, then the 50,000
options for that year shall be earned pro rata for that year based on the percentage achievement of performance targets for that year. For example, if on December 31, 2010, the stock price has increased $0.40 per share and the EBITDA has
increased 8% or $1.92 million, then 35,625 options shall be earned, calculated by 25,000 ($0.40/$0.64) + 25,000 (8%/10%), meaning 15,625 options shall be earned based on the stock price increase and 20,000 options shall be earned based on the EBITDA
increase. 
 To the extent any options are unearned in a given year because the targeted annual per share increase in stock
price for such year was not met, and at the end of any subsequent year, the price per share of the common stock of the Company exceeds the cumulative stock price per share target as of such date, then any options unearned in any prior year because
the targeted annual per share increase in stock price for such year was not met will be considered earned at the end of such subsequent year. 
 To the extent any options are unearned in a given year because the targeted annual organic EBITDA increase for such year was not met, and at the end of any subsequent year, the actual organic EBITDA
target level is met for such year, then any options unearned in any prior year because the targeted annual organic EBITDA increase for such year was not met will be considered earned at the end of such subsequent year.Form of Indemnification Agreement for executive officers and directors

 Exhibit 10(gg) 
 I. INDEMNIFICATION AGREEMENT 
 THIS INDEMNIFICATION
AGREEMENT is entered into as of this      day of             , 20    , by and between United Rentals, Inc., a Delaware corporation (the
“Company”), and                      (“Indemnitee”). 
 II. RECITALS 
 A. The Company is aware that because of
the increased exposure to litigation costs, talented and experienced persons are increasingly reluctant to serve or continue serving as directors and officers of corporations unless they are protected by comprehensive liability insurance and
indemnification. 
 B. The statutes and judicial decisions regarding the duties of directors and officers are often difficult to
apply, ambiguous, or conflicting, and therefore fail to provide such directors and officers with adequate guidance regarding the proper course of action. 
 C. The Board of Directors of the Company (the “Board”) has concluded that, in order to retain and attract talented and experienced individuals to serve as officers and directors of the Company
and its subsidiaries and to encourage such individuals to take the business risks necessary for the success of the Company and its subsidiaries, the Company should contractually indemnify its officers and directors, and the officers and directors of
its subsidiaries, in connection with claims against such officers and directors in connection with their services to the Company and its subsidiaries, and has further concluded that the failure to provide such contractual indemnification could be
detrimental to the Company, its subsidiaries and stockholders. 
 NOW, THEREFORE, the parties, intending to be legally
bound, hereby agree as follows: 
 1. Definitions. 
 (a) Agent. “Agent” with respect to the Company means any person who is or was a director, officer, employee
or other agent of the Company or a Subsidiary of the Company; or is or was serving at the request of, for the convenience of, or to represent the interests of, the Company or a Subsidiary of the Company as a director, officer, employee or agent of
another entity or enterprise; or was a director, officer, employee or agent of a predecessor corporation (or other predecessor entity or enterprise) of the Company or a Subsidiary of the Company, or was a director, officer, employee or agent of
another enterprise at the request of, for the convenience of, or to represent the interests of such predecessor. 
 (b) Expenses. “Expenses” means all direct and indirect costs of any type or nature whatsoever (including, without limitation, all attorneys’ fees, costs of investigation and related disbursements) incurred by the
Indemnitee in connection with the investigation, settlement, defense or appeal of a Proceeding covered hereby or the establishment or enforcement of a right to indemnification under this Agreement. 
 (c) Proceeding. “Proceeding” means any threatened, pending, or completed claim, suit or action, whether
civil, criminal, administrative, investigative or otherwise. 
 (d) Subsidiary. “Subsidiary”
means any corporation or other entity of which more than 10% of the outstanding voting securities or other voting interests is owned directly or indirectly by the Company, and one or more other Subsidiaries, taken as a whole. 
 2. Maintenance of Liability Insurance. 
 (a) The Company hereby covenants and agrees with Indemnitee that, subject to Section 2(b), the Company shall obtain and maintain in full force and effect directors’ and officers’ liability
insurance (“D&O Insurance”) in reasonable amounts as the Board of Directors shall determine from established and reputable insurers. In no event shall the terms of such D&O Insurance be less favorable to Indemnitee than the terms
generally applicable to the Company’s executive officers [and directors]1 generally. 
  

	1	Omitted in certain agreements. 

 (b) Notwithstanding the foregoing, the Company shall have no obligation to
obtain or maintain D&O Insurance if the Company determines in good faith that the premium costs for such insurance are (i) disproportionate to the amount of coverage provided after giving effect to exclusions, and (ii) substantially
more burdensome to the Company than the premiums charged to the Company for D&O Insurance currently in effect. 
 3.
Mandatory Indemnification. The Company shall defend, indemnify and hold harmless Indemnitee: 
 (a)
Third Party Actions. If Indemnitee is a person who was or is a party, or is threatened to be made a party, to any Proceeding (other than an action by or in the right of the Company) by reason of the fact that Indemnitee is or was or is
claimed to be an Agent of the Company, or by reason of anything done or not done by Indemnitee in any such capacity, or by reason of the fact that Indemnitee personally guaranteed any obligation of the Company at any time, against any and all
Expenses and liabilities of any type whatsoever (including, but not limited to, legal fees, judgments, fines, ERISA excise taxes or penalties, and amounts paid in settlement) incurred by such person in connection with the investigation, defense,
settlement or appeal of such Proceeding, so long as the Indemnitee acted in good faith and in a manner the Indemnitee reasonably believed to be in or not opposed to the best interests of the Company, and, with respect to any criminal action or
Proceeding, had no reasonable cause to believe such person’s conduct was unlawful. 
 (b) Derivative
Actions. If Indemnitee is a person who was or is a party, or is threatened to be made a party, to any Proceeding by or in the right of the Company by reason of the fact that he is or was an Agent of the Company, or by reason of anything done or
not done by him in any such capacity, against any and all Expenses and liabilities of any type whatsoever (including, but not limited to, legal fees, judgments, fines, ERISA excise taxes or penalties, and amounts paid in settlement) incurred by him
in connection with the investigation, defense, settlement or appeal of such Proceeding, so long as the Indemnitee acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the Company; except that no
indemnification under this subsection shall be made, and Indemnitee shall repay all amounts previously advanced by the Company, in respect of any claim, issue or matter for which such person is judged in a final, non-appealable decision to be liable
to the Company by a court of competent jurisdiction [due to willful misconduct in the performance of his duties to the Company]2, unless and only to the extent that the court in which such Proceeding was brought or the Court of Chancery of Delaware
shall determine that Indemnitee is fairly and reasonably entitled to indemnity. 
 (c) Actions Where
Indemnitee Is Deceased. If Indemnitee is a person who was or is a party, or is threatened to be made a party, to any Proceeding by reason of the fact that he is or was an Agent of the Company, or by reason of anything done or not done by him in
any such capacity, and prior to, during the pendency of, or after completion of, such Proceeding, the Indemnitee shall die, then the Company shall defend, indemnify and hold harmless the estate, heirs and legatees of the Indemnitee against any and
all Expenses and liabilities incurred by or for such persons or entities in connection with the investigation, defense, settlement or appeal of such Proceeding on the same basis as provided for the Indemnitee in Sections 3(a) and 3(b) above.

 The Expenses and liabilities covered hereby shall be net of any payments by D&O Insurance carriers or others. 

4. Partial Indemnification. If Indemnitee is found under Section 3, 6 or 9 hereof not to be entitled to indemnification for
all of the Expenses relating to a Proceeding, the Company shall indemnify the Indemnitee for any portion of such Expenses not specifically precluded by the operation of such Section 3, 6 or 9. 
 5. Indemnification Procedures; Mandatory Advancement of Expenses. 
 (a) Promptly after receipt by Indemnitee of notice to him or her of the commencement or threat of any Proceeding covered
hereby, Indemnitee shall notify the Company of the commencement or threat thereof, provided that any failure to so notify shall not relieve the Company of any of its obligations hereunder. 
  

	2	Omitted in certain agreements. 

  

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 (b) If, at the time of the receipt of a notice pursuant to Section 5(a)
above, the Company has D&O Insurance in effect, the Company shall give prompt notice of the Proceeding or claim to its insurers in accordance with the procedures set forth in the applicable policies. The Company shall thereafter take all
necessary or desirable action to cause such insurers to pay all amounts payable as a result of such Proceeding in accordance with the terms of such policies. 
 (c) Indemnitee shall be entitled to retain one or more counsel from time to time selected by it in its sole discretion to act
as its counsel in and for the investigation, defense, settlement or appeal of each Proceeding. [The Company shall not waive any privilege or right available to Indemnitee in any such Proceeding.]3 
 (d) The Company shall bear all fees and Expenses (including invoices for [reasonable and customary]4 advance retainers) of such counsel, and all fees and Expenses invoiced by other persons or entities, in connection with
the investigation, defense, settlement or appeal of each such Proceeding. Such fees and Expenses are referred to herein as “Covered Expenses.” 
 (e) Until a determination to the contrary under Section 6 hereof is made, the Company shall advance all Covered Expenses in connection with each Proceeding. If required by law, as a condition to such
advances, Indemnitee shall, at the request of the Company, agree to repay such amounts advanced if it shall ultimately be determined by a final order of a court that Indemnitee is not entitled to be indemnified by the Company by the terms hereof or
under applicable law. 
 (f) Each advance to be made hereunder shall be paid by the Company to Indemnitee within
10 days following delivery of a written request therefor by Indemnitee to the Company. 
 (g) The Company
acknowledges the potentially severe damage to Indemnitee should the Company fail timely to make such advances to Indemnitee. 
 6. Determination of Right to Indemnification. 
 (a) To the extent Indemnitee has been successful
on the merits or otherwise in defense of any Proceeding, claim, issue or matter covered hereby, Indemnitee need not repay any of the Expenses advanced in connection with the investigation, defense or appeal of such Proceeding. 
 (b) If Section 6(a) is inapplicable, the Company shall remain obligated to indemnify Indemnitee, and Indemnitee need not
repay Expenses previously advanced, unless the Company, by motion before a court of competent jurisdiction, obtains an order for preliminary or permanent relief suspending or denying the obligation to advance or indemnify for Expenses. 

(c) Notwithstanding a determination by a court that Indemnitee is not entitled to indemnification with respect to a
specific Proceeding, Indemnitee shall have the right to apply to the Court of Chancery of Delaware for the purpose of enforcing Indemnitee’s right to indemnification pursuant to this Agreement. 
 (d) Notwithstanding any other provision in this Agreement to the contrary, the Company shall indemnify Indemnitee against all
Expenses incurred by Indemnitee in connection with any Proceeding under Section 6(b) or 6(c) and against all Expenses incurred by Indemnitee in connection with any other Proceeding between the Company and Indemnitee involving the interpretation
or enforcement of the rights of Indemnitee under this Agreement unless a court of competent jurisdiction finds that each of the material claims and/or defenses of Indemnitee in any such Proceeding were frivolous or made in bad faith. 
 7. Certificate of Incorporation and By-Laws. The Company agrees that the Company’s Certificate of Incorporation and By-laws in
effect on the date hereof shall not be amended to reduce, limit, hinder or delay (i) the rights of Indemnitee granted hereby, or (ii) the ability of the Company to indemnify Indemnitee as required hereby. 
  

	3	Omitted in certain agreements. 

	4	Omitted in certain agreements. 

  

 3 

 
The Company further agrees that it shall exercise the powers granted to it under its Certificate of Incorporation, its By-laws and by applicable law to indemnify Indemnitee to the fullest extent
possible as required hereby. 
 8. Witness Expenses. The Company agrees to compensate Indemnitee for the reasonable value
of his or her time spent, and to reimburse Indemnitee for all Expenses (including attorneys’ fees and travel costs) incurred by him or her, in connection with being a witness, or if Indemnitee is threatened to be made a witness, with respect to
any Proceeding, by reason of his or her serving or having served as an Agent of the Company. 
 9. Exceptions.
Notwithstanding any other provision hereunder to the contrary, the Company shall not be obligated pursuant to the terms of this Agreement: 
 (a) Claims Initiated by Indemnitee. To indemnify or advance Expenses to Indemnitee with respect to Proceedings or claims initiated or brought voluntarily by Indemnitee and not by way of defense
(other than Proceedings under Section 6(b) or Section 6(c) or brought to establish or enforce a right to indemnification under this Agreement or the provisions of the Company’s Certificate of Incorporation or By-laws unless a court of
competent jurisdiction determines that each of the material assertions made by Indemnitee in such Proceeding were not made in good faith or were frivolous). 
 (b) Unauthorized Settlements. To indemnify Indemnitee under this Agreement for any amounts paid in settlement of a
Proceeding covered hereby without the prior written consent of the Company to such settlement. 
 10. Non-exclusivity.
This Agreement is not the exclusive arrangement between the Company and Indemnitee regarding the subject matter hereof and shall not diminish or affect any other rights which Indemnitee may have under any provision of law, the Company’s
Certificate of Incorporation or By-laws, under other agreements, or otherwise. 
 11. Continuation After Term.
Indemnitee’s rights hereunder shall continue after the Indemnitee has ceased acting as a director or Agent of the Company and the benefits hereof shall inure to the benefit of the heirs, executors and administrators of Indemnitee. 

12. Interpretation of Agreement. This Agreement shall be interpreted and enforced so as to provide indemnification to Indemnitee
to the fullest extent now or hereafter permitted by law. 
 13. Severability. If any provision or provisions of this
Agreement shall be held to be invalid, illegal or unenforceable, provisions of the Agreement shall not in any way be affected or impaired thereby, and to the fullest extent possible, the provisions of this Agreement shall be construed or altered by
the court so as to remain enforceable and to provide Indemnitee with as many of the benefits contemplated hereby as are permitted under law. 
 14. Counterparts, Modification and Waiver. This Agreement may be signed in counterparts. This Agreement constitutes a separate agreement between the Company and Indemnitee and may be supplemented
or amended as to Indemnitee only by a written instrument signed by the Company and Indemnitee, with such amendment binding only the Company and Indemnitee. All waivers must be in a written document signed by the party to be charged. No waiver of any
of the provisions of this Agreement shall be implied by the conduct of the parties. A waiver of any right hereunder shall not constitute a waiver of any other right hereunder. 
 15. Notices. All notices, demands, consents, requests, approvals and other communications required or permitted hereunder shall be in
writing and shall be deemed to have been properly given if hand delivered (effective upon receipt or when refused), or if sent by a courier freight prepaid (effective upon receipt or when refused), in the case of the Company, at the addresses listed
below, or to such other addresses as the parties may notify each other in writing. 
  

					
	To Company:	    	United Rentals, Inc.	  	
		    	Five Greenwich Office Park	  	
		    	Greenwich, CT 06830	  	
		    	Attention: Chief Executive Officer	  	

  

 4 

 To Indemnitee: At the Indemnitee’s residence address and facsimile number on the records of the Company
from time to time. 
 16. [Evidence of Coverage. Upon request by Indemnitee, the Company shall provide evidence of the
liability insurance coverage required by this Agreement. The Company shall promptly notify Indemnitee of any change in the Company’s D&O Insurance coverage.]5 
 17. Governing Law. This Agreement shall be governed by and construed in accordance with the internal laws of the State of Delaware. 
 IN WITNESS WHEREOF, the parties hereto have entered into this Indemnification Agreement effective as of the date first above written. 
  

			
	UNITED RENTALS, INC.
		
	By	 	  

	Name:	 	
	Title:	 	
	
	INDEMNITEE:
		
	Name:	 	  

  

	5	Omitted in certain agreements. 

  

 5

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