Document:

exv10w2

Exhibit 10.2

Amendment to Employment Agreement between

James E. Braun and Newpark Resources, Inc.

This is an Amendment to the Employment Agreement entered into between James E. Braun (“Executive”)
and Newpark Resources, Inc. (“Company”) effective September 18, 2006 (“Employment Agreement”).

Due to the current economic situation, Executive and the Company mutually agree that Executive’s
current annualized Base Salary of Two Hundred Ninety-Eight Thousand Nine Hundred Twenty Dollars and
No Cents ($298,920.00) set forth in Section 1.2(a) of Executive’s Employment Agreement, as
increased by the Company, will be reduced by ten percent (10%) to Two Hundred Sixty-Nine Thousand
Twenty-Eight Dollars and No Cents ($269,028.00). This 10% reduction to Executive’s annualized Base
Salary will take effect on May 1, 2009, and will continue in effect until the expiration of the
Initial Term (as defined in the Employment Agreement), or, if the Employment Agreement is renewed,
through December 31, 2009. Beginning on January 1, 2010, Executive’s annualized Base Salary will
be Two Hundred Ninety-Eight Thousand Nine Hundred Twenty Dollars and No Cents ($298,920.00).

Executive’s Base Salary for purposes of calculating payments under the 2003 Executive Incentive
Compensation Plan (“EICP”) as described in Section 1.2(c) of the Employment Agreement will likewise
be adjusted for the period May 1, 2009 through December 31, 2009 to reflect this 10% reduction in
Executive’s annualized Base Salary.

Executive and the Company agree that this 10% reduction in Executive’s annualized Base Salary and
the corresponding adjustment to Executive’s incentive compensation under the EICP are being made
with the full knowledge and consent of Executive. Executive and the Company further agree that
this 10% reduction in Executive’s annualized Base Salary and the corresponding adjustment to
Executive’s incentive compensation under the EICP do not constitute “Good Reason” for termination
by Executive, as defined in Section 2.3 and 3.10(b) of the Employment Agreement, or a termination
by the Company.

Executive and the Company agree that if Executive’s employment is terminated between May 1, 2009
and December 31, 2009 pursuant to Section 2.3 of Executive’s Employment Agreement, Executive’s
“lump sum payment” provided for in Section 2.3(i)(A) or 2.3(i)(B) will be calculated based upon
Executive’s $298,920.00 annualized Base Salary and not on Executive’s “current annual Base Salary”
of $269,028.00.

Executive and the Company agree that if Executive’s employment is terminated between May 1, 2009
and December 31, 2009 pursuant to Section 2.2 of Executive’s Change in Control Agreement with the
Company dated January 7, 2008 as a result of a Change in Control (as defined in Executive’s Change
in Control Agreement) or a Potential Change in Control (as defined in Executive’s Change in Control
Agreement), Executive’s Termination Benefit provided for in Section 3.3 and Annex A of the Change
in Control Agreement will be calculated based upon Executive’s $298,920.00 annualized Base Salary
and not on Executive’s base salary at the time of termination of $269,028.00.

All other terms and provisions in the Employment Agreement and the Change in Control Agreement
remain unchanged and in full force and effect.

 

 

Amendment to Employment Agreement between

James E. Braun and Newpark Resources, Inc.

AGREED and ACCEPTED on this 21st day of April, 2009.

	 	 	 
	/s/ James E. Braun

	 	 
	 

James E. Braun (Executive)

	 	 
	 
	 	 
	/s/ Paul L. Howes
	 	 
	 

Paul L. Howes

	 	 
	President & Chief Executive
	 	 
	Newpark Resources, Inc.exv10w3

Exhibit 10.3

Amendment to Employment Agreement between

Bruce Smith and Newpark Resources, Inc.

This is an Amendment to the Employment Agreement entered into between Bruce Smith (“Executive”) and
Newpark Resources, Inc. (“Company”) effective April 20, 2007 (“Employment Agreement”).

Due to the current economic situation, Executive and the Company mutually agree that Executive’s
current annualized Base Salary of Three Hundred Thirty-Seven Thousand Fifty Dollars and No Cents
($337,050.00) set forth in Section 1.2(a) of Executive’s Employment Agreement, as increased by the
Company, will be reduced by ten percent (10%) to Three Hundred and Three Thousand Three Hundred
Forty-Five Dollars and No Cents ($303,345.00). This 10% reduction to Executive’s annualized Base
Salary will take effect on May 1, 2009, and will continue in effect through December 31, 2009.
Beginning on January 1, 2010, Executive’s annualized Base Salary will be Three Hundred Thirty-Seven
Thousand Fifty Dollars and No Cents ($337,050.00).

Executive’s Base Salary for purposes of calculating payments under the 2003 Executive Incentive
Compensation Plan (“EICP”) as described in Section 1.2(c) of the Employment Agreement will likewise
be adjusted for the period May 1, 2009 through December 31, 2009 to reflect this 10% reduction in
Executive’s annualized Base Salary.

Executive and the Company agree that this 10% reduction in Executive’s annualized Base Salary and
the corresponding adjustment to Executive’s incentive compensation under the EICP are being made
with the full knowledge and consent of Executive. Executive and the Company further agree that
this 10% reduction in Executive’s annualized Base Salary and the corresponding adjustment to
Executive’s incentive compensation under the EICP do not constitute “Good Reason” for termination
by Executive, as defined in Section 2.3 and 3.10(b) of the Employment Agreement, or a termination
by the Company.

Executive and the Company agree that if Executive’s employment is terminated between May 1, 2009
and December 31, 2009 pursuant to Section 2.3 of Executive’s Employment Agreement, Executive’s
“lump sum payment” provided for in Section 2.3(i)(A) or 2.3(i)(B) will be calculated based upon
Executive’s $337,050.00 annualized Base Salary and not on Executive’s “current annual Base Salary”
of $303,345.00.

Executive and the Company agree that if Executive’s employment is terminated between May 1, 2009
and December 31, 2009 pursuant to Section 2.2 of Executive’s Change in Control Agreement with the
Company dated January 7, 2008 as a result of a Change in Control (as defined in Executive’s Change
in Control Agreement) or a Potential Change in Control (as defined in Executive’s Change in Control
Agreement), Executive’s Termination Benefit provided for in Section 3.3 and Annex A of the Change
in Control Agreement will be calculated based upon Executive’s $337,050.00 annualized Base Salary
and not on Executive’s base salary at the time of termination of $303,345.00.

All other terms and provisions in the Employment Agreement and the Change in Control Agreement
remain unchanged and in full force and effect.

 

 

Amendment to Employment Agreement between

Bruce Smith and Newpark Resources, Inc.

AGREED and ACCEPTED on this 22nd day of April, 2009.

	 	 	 	 	 
	/s/ Bruce Smith
 	 
	Bruce Smith (Executive) 	 

	 	 	 	 	 
	 	 
	/s/ Paul L. Howes
 	 
	Paul L. Howes 	 
	President & Chief Executive

Newpark Resources, Inc.exv10w4

Exhibit 10.4

Amendment to Employment Agreement between

Mark Airola and Newpark Resources, Inc.

This is an Amendment to the Employment Agreement entered into between Mark Airola (“Executive”) and
Newpark Resources, Inc. (“Company”) effective September 18, 2006 (“Employment Agreement”).

Due to the current economic situation, Executive and the Company mutually agree that Executive’s
current annualized Base Salary of Two Hundred Ninety-One Thousand Forty Dollars and No Cents
($291,040.00) set forth in Section 1.2(a) of Executive’s Employment Agreement, as increased by the
Company, will be reduced by ten percent (10%) to Two Hundred Sixty-One Thousand Nine Hundred
Thirty-Six Dollars and No Cents ($261,936.00). This 10% reduction to Executive’s annualized Base
Salary will take effect on May 1, 2009, and will continue in effect until the expiration of the
Initial Term (as defined in the Employment Agreement), or, if the Employment Agreement is renewed,
through December 31, 2009. Beginning on January 1, 2010, Executive’s annualized Base Salary will
be Two Hundred Ninety-One Thousand Forty Dollars and No Cents ($291,040.00).

Executive’s Base Salary for purposes of calculating payments under the 2003 Executive Incentive
Compensation Plan (“EICP”) as described in Section 1.2(c) of the Employment Agreement will likewise
be adjusted for the period May 1, 2009 through December 31, 2009 to reflect this 10% reduction in
Executive’s annualized Base Salary.

Executive and the Company agree that this 10% reduction in Executive’s annualized Base Salary and
the corresponding adjustment to Executive’s incentive compensation under the EICP are being made
with the full knowledge and consent of Executive. Executive and the Company further agree that
this 10% reduction in Executive’s annualized Base Salary and the corresponding adjustment to
Executive’s incentive compensation under the EICP do not constitute “Good Reason” for termination
by Executive, as defined in Section 2.3 and 3.10(b) of the Employment Agreement, or a termination
by the Company.

Executive and the Company agree that if Executive’s employment is terminated between May 1, 2009
and December 31, 2009 pursuant to Section 2.3 of Executive’s Employment Agreement, Executive’s
“lump sum payment” provided for in Section 2.3(i)(A) or 2.3(i)(B) will be calculated based upon
Executive’s $291,040.00 annualized Base Salary and not on Executive’s “current annual Base Salary”
of $261,936.00.

Executive and the Company agree that if Executive’s employment is terminated between May 1, 2009
and December 31, 2009 pursuant to Section 2.2 of Executive’s Change in Control Agreement with the
Company dated January 7, 2008 as a result of a Change in Control (as defined in Executive’s Change
in Control Agreement) or a Potential Change in Control (as defined in Executive’s Change in Control
Agreement), Executive’s Termination Benefit provided for in Section 3.3 and Annex A of the Change
in Control Agreement will be calculated
based upon Executive’s $291,040.00 annualized Base Salary and not on Executive’s base salary at the
time of termination of $261,936.00.

All other terms and provisions in the Employment Agreement and the Change in Control Agreement
remain unchanged and in full force and effect.

 

 

Amendment to Employment Agreement between

Mark Airola and Newpark Resources, Inc.

AGREED and ACCEPTED on this 22nd day of April, 2009.

	 	 	 	 	 
	 	 	 
	/s/ Mark Airola
 	 	 
	Mark Airola (Executive) 	 	 
	 	 	 
	/s/ Paul L. Howes
 	 	 
	Paul L. Howes 	 	 
	President & CEO

Newpark Resources, Inc.

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