Document:

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Exhibit 4.4

STOCK UNIT AWARD AGREEMENT

(For
Non-employee Directors; granted under the Psychemedics Corporation 2006 Equity Incentive Plan)

     1. Award of Stock Unit Awards. Psychemedics Corporation (hereinafter the “Company”),
in the exercise of its sole discretion pursuant to the Psychemedics Corporation 2006 Equity
Incentive Plan (the “Plan”), does on <<GrantDate>> (the “Award Date”) hereby award to
<<FullName>> (the “Awardee”) <<SharesGrantedQuantity>> Stock Unit Awards
(“SUAs”) upon the terms and subject to the conditions hereinafter contained. Capitalized terms
used but not defined herein shall have the meanings assigned to them in the Plan. SUAs represent
the Company’s unfunded and unsecured promise to issue shares of Common Stock at a future date,
subject to the terms of this Award Agreement and the Plan. Awardee has no rights under the SUAs
other than the rights of a general unsecured creditor of the Company.

     2. Vesting Schedule and Conversion of SUAs.

          (a) Subject to the terms of this Award Agreement and the Plan and provided that Awardee
continues to serve as a director of the Company throughout the vesting periods set out below, the
SUAs shall vest and be converted into an equivalent number of shares of Common Stock that will be
distributed to the Awardee as follows; provided that fractional SUAs shall be converted into shares
of Common Stock as set out in Section 6 of this Award Agreement:

	 	 	 	 	 
	 	 	Percentage
	Vesting
Date	 	of SUAs
	 
	April 30, 20___[year next following year of Award Date]

	 	 	50	%
	 
	 	 	 	 
	April 30, 20___[2nd year following year of Award Date]

	 	 	50	%

          (b) Notwithstanding the vesting schedule set forth in subsection (a) above, if there is a
Change in Control of the Company (as defined below), then all of the SUA’s shall become vested in
full immediately prior to the effective date of such Change in Control, subject, however, to the
provisions of Section 13 of this Award Agreement. For the purpose of this Agreement, a “Change in
Control” shall mean (i) the consummation of a reorganization, merger or consolidation or sale or
disposition of all or substantially all of the assets of the Company (a “Business Combination”),
unless, in each case following such Business Combination, (A) all or substantially all of the
individuals and entities who were the beneficial owners of the Common Stock of the Company
immediately before the consummation of such Business Combination

 

 

beneficially own, directly or
indirectly, more than 50% of, respectively, the then outstanding
shares of common stock and the combined voting power of the then outstanding voting securities
entitled to vote generally in the election of directors, as the case may be, of the corporation
resulting from such Business Combination (including, without limitation, a corporation that as a
result of the transaction owns the Company or all or substantially all of the assets of the Company
either directly or indirectly through one or more subsidiaries); and (B) no person or group (as
defined in Section 13(d) or 14(d)(2) of the Securities Exchange Act of 1934) of the Company or the
corporation resulting from the Business Combination) beneficially owns, directly or indirectly,
more than 30% of the then outstanding shares of the common stock of the corporation resulting from
the Business Combination; (ii) Individuals who, as of the date of this Agreement, constitute the
Board of Directors of the Company (the “Incumbent Board”) cease for any reason to constitute at
least a majority of the Board of Directors of the Company, provided, however, that any individual’s
becoming a director after the date of this Agreement whose election, or nomination for election by
the stockholders of the Company, was approved by a vote of at least a majority of the directors
then comprising the Incumbent Board will be considered as though the individual were a member of
the Incumbent Board, but excluding, for this purpose, any individual whose initial assumption of
office occurs as a result of an actual or threatened election contest with respect to the election
or removal of directors or other actual or threatened solicitation of proxies or consents by or on
behalf of a Person other than the Board; or (iii) any person (as defined in Section 13(d) or
14(d)(2) of the Securities Exchange Act of 1934) shall become at any time or in any manner the
beneficial owner of capital stock of the Company representing more than 30% of the voting power of
the Company.

     3. Termination of Awardee’s Status as a Director. Subject to the provisions of
Sections 4 and 5 below, in the event of termination of Awardee’s status as a director of the
Company, Awardee’s rights under this Award Agreement in any unvested SUAs shall terminate.

     4. Disability of Awardee. Notwithstanding the provisions of Section 3 above, in the
event of termination of Awardee’s status as a director of the Company as a result of disability
(within the meaning of Section 409A of the Internal Revenue Code, and hereinafter referred to as
“Disability”), the SUAs which would have vested during the twelve (12) months following the date of
such termination, set out in Section 2(a) above, shall become vested as of the date of such
termination, subject, however, to the provisions of Section 13 of this Award Agreement. The
Awardee’s rights in any unvested SUAs that remain unvested after the application of this Section 4
shall terminate at the time Awardee ceases to be a director of the Company.

     5. Death of Awardee. Notwithstanding the provisions of Section 3 above, in the event
of the death of Awardee:

          (a) If Awardee is, at the time of death, a director of the Company, the SUAs which would have
vested during the twelve (12) months following the date of death of Awardee, set out in Section
2(a) above, shall become vested as of the date of death.

          (b) The Awardee’s rights in any unvested SUAs that remain after the application of Section
5(a) shall terminate at the time of the Awardee’s death.

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     6. Conversion of SUAs to shares of Common Stock; Responsibility for Taxes.

          (a) Provided Awardee has satisfied the requirements of Section 6(b) below, on the vesting of
any SUAs, such vested SUAs shall be converted into an equivalent number of shares of Common Stock
that will be distributed to Awardee or, in the event of Awardee’s death, to Awardee’s legal
representative, as soon as practicable. An Awardee’s rights with respect to the SUA’s issued under
this Award Agreement shall terminate at the time such SUAs are converted into shares of Common
Stock. The distribution to the Awardee, or in the case of the Awardee’s death, to the Awardee’s
legal representative, of shares of Common Stock in respect of the vested SUAs shall be evidenced by
a stock certificate, appropriate entry on the books of the Company or of a duly authorized transfer
agent of the Company, or other appropriate means as determined by the Company.

          (b) Prior to the issuance of shares of Common Stock upon vesting of SUAs as provided in
Section 8(a) above, Awardee shall pay, or make adequate arrangements satisfactory to the Company to
satisfy all withholding obligations of the Company, to the extent applicable.

          (c) In lieu of issuing fractional shares of Common Stock, on the vesting of a fraction of a
SUA, the Company shall round the shares to the nearest whole share and any such share which
represents a fraction of a SUA will be included in a subsequent vest date.

          (d) Until the distribution to Awardee of the shares of Common Stock in respect to the vested
SUAs is evidenced by a stock certificate, appropriate entry on the books of the Company or of a
duly authorized transfer agent of the Company, or other appropriate means, Awardee shall have no
right to vote or receive dividends or any other rights as a shareholder with respect to such shares
of Common Stock, notwithstanding the vesting of SUAs. The Company shall cause such distribution to
Awardee to occur promptly upon the vesting of SUAs. No adjustment will be made for a dividend or
other right for which the record date is prior to the date Awardee is recorded as the owner of the
shares of Common Stock, except as provided in Section 10 of the Plan.

     7. Non-Transferability of SUAs. Awardee’s right in the SUAs awarded under this Award
Agreement and any interest therein may not be sold, pledged, assigned, hypothecated, transferred,
or disposed of in any manner, other than by will or by the laws of descent or distribution, prior
to the distribution of the shares of Common Stock in respect of such SUAs. SUAs shall not be
subject to execution, attachment or other process.

     8. Agreement of Awardee. By accepting the Award, Awardee agrees to continue to serve
as a director of the Company during the term for which he or she was elected. By accepting the
Award of SUAs evidenced by this Award Agreement, Awardee agrees not to sell any of the shares of
Common Stock received on account of vested SUAs at a time when applicable laws or Company policies
prohibit a sale. This restriction shall apply so long as Awardee is a director of the Company.

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     9. Plan Governs. Notwithstanding anything in this Award Agreement to the contrary,
the terms of this Award Agreement shall be subject to the terms and conditions of the Plan.

     10. Governing Law. This Award Agreement shall be governed by the laws of the State
of Delaware, without regard to Delaware laws that might cause other law to govern under applicable
principles of conflicts of law.

     11. Severability. If one or more of the provisions of this Award Agreement shall be
held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of
the remaining provisions shall not in any way be affected or impaired thereby and the invalid,
illegal or unenforceable provisions shall be deemed null and void; however, to the extent
permissible by law, any provisions which could be deemed null and void shall first be construed,
interpreted or revised retroactively to permit this Award Agreement to be construed so as to foster
the intent of this Award Agreement and the Plan.

     12. Complete Award Agreement. This Award Agreement and the Plan constitute the
entire agreement between Awardee and the Company regarding SUAs.

     13. Section 409A of the Internal Revenue Code. This Award Agreement is intended to
comply with the provisions of Section 409A of the Internal Revenue Code to the extent they are
applicable, and shall be administered in a manner consistent with this intent. Without limiting
the foregoing, any requirements imposed under the Regulations under said Section 409A as finally
adopted, in order for the SUAs awarded hereunder, and the vesting of such SUA’s, to remain in
compliance with said Section 409A, are hereby incorporated by reference.

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     EXECUTED the day and year first above written.

	 	 	 	 	 
	 	PSYCHEMEDICS CORPORATION

 	 
	 
	 
	 	By:  	 	 
	 	 	 	 
	 	 	 	 
	 

AWARDEE’S
ACCEPTANCE:

I have read and fully understood this Award Agreement and I accept and agree to the terms,
conditions and restrictions contained in this Award Agreement and Plan.

 

5exv4w1

 

EXHIBIT 4.1

AMENDMENT NO. 1

TO AMENDED AND RESTATED RIGHTS AGREEMENT

          Amendment No. 1, dated as of June 12, 2006 (this “Amendment”), to the Amended and
Restated Shareholder Rights Agreement, dated as of September 22, 2000 (the “Rights
Agreement”), is made between Maverick Tube Corporation, a Delaware corporation (the
“Company”), and Computershare Investor Services, LLC, a Delaware limited liability company,
as successor to Harris Trust and Savings Bank, an Illinois banking corporation (the “Rights
Agent”). Capitalized terms not otherwise defined herein have the meaning given to such terms
in the Rights Agreement.

          WHEREAS, pursuant to Section 5.4 of the Rights Agreement, the Company may from time to time
supplement or amend any provision of the Rights Agreement in accordance with the terms of such
Section 5.4;

          WHEREAS, the Flip-in Date has not occurred;

          WHEREAS, the Board of Directors of the Company has approved and the Company intends to execute
the Agreement and Plan of Merger, dated as of June 12, 2006, among the Company, Tenaris S.A. and OS
Acquisition Corporation (the “Merger Agreement”); and

          WHEREAS, the Company has determined that it is desirable to amend the Rights Agreement as
provided herein.

          NOW, THEREFORE, in consideration of the premises and the mutual agreements contained herein,
and intending to be legally bound, the Company and the Rights Agent hereby agree as follows:

          1. Amendments. The Rights Agreement is hereby amended as follows:

               A. The definition of “Acquiring Person” in Section 1.1 is amended by inserting the following
as a new paragraph at the end of such definition:

     Notwithstanding anything in this Agreement to the contrary, (i) none of Tenaris S.A., a
corporation organized under the laws of Luxembourg (“Parent”), OS Acquisition Corporation, a
Delaware corporation (“Merger Co”), or any of their respective Affiliates, Associates or
stockholders, or the general partners, limited partners, or members of such stockholders
(the “Exempted Persons”), either individually, collectively, or in any combination, shall be
deemed to be an “Acquiring Person” solely by virtue of or as a result of (A) the approval,
adoption, executive, delivery or performance of the Merger Agreement by any of the Exempted
Persons in connection with the Merger, (B) the acquisition of any Shares pursuant to the
Merger Agreement or the consummation of the Merger pursuant to the Merger Agreement, or (C)
consummation of any other transaction
specifically contemplated by the Merger Agreement (the transactions in clauses (A), (B)
or (C), the “Exempted Transactions”).

 

 

               B. The definition of “Flip-over Transaction or Event” in Section 1.1 is amended by inserting
the following sentence at the end of such definition:

     Notwithstanding the foregoing or anything in this Agreement to the contrary, a
Flip-over Transaction or Event shall not be deemed to have occurred solely by virtue of or
as a result of the approval, execution, delivery or performance of any Exempted Transaction.

               C. The definition of “Separation Time” in Section 1.1 is amended by inserting the following
sentence at the end of such definition:

     Notwithstanding anything in this Agreement to the contrary, a Separation Time shall not
be deemed to have occurred solely by virtue of or as a result of any Exempted Transaction.

               D. The definition of “Stock Acquisition Date” in Section 1.1 is amended by inserting the
following sentence at the end of such definition:

     Notwithstanding anything in this Agreement to the contrary, a Stock Acquisition Date
shall not be deemed to have occurred solely by virtue of or as a result of the public
announcement of any Exempted Transaction.

               E. Section 1.1 is amended by inserting the following subsections in Section 1.1:

     “Merger” shall have the meaning set forth in the Merger Agreement.

     “Merger Agreement” shall mean the Agreement and Plan of Merger, dated as of June 12,
2006, among the Company, Parent and Merger Co, as it may be amended or supplemented
from time to time.

     “Shares” shall have the meaning set forth in the Merger Agreement.

               F. The third sentence of Section 4.1(a) is amended and restated in its entirety as follows:

     The Company also agrees to indemnify the Rights Agent and any Rights Registrar for, and
to hold it or them harmless against, any loss, liability, or expense, incurred without gross
negligence, bad faith or willful misconduct on the part of the Rights Agent or Rights
Registrar, for anything done or omitted by it or them in connection with the acceptance and
administration of this Agreement, including the costs and expenses of defending against any
claim of liability.

               G. Section 4.3(c) is amended and restated in its entirety as follows:

     The Rights Agent will be liable hereunder only for its own gross negligence, bad faith
or willful misconduct.

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               H. Section 4.4 is amended by inserting the following sentence after the first sentence of
Section 4.4:

     In the event the transfer agency relationship in effect between the Company and the Rights
Agent terminates, the Rights Agent will be deemed to resign automatically on the effective date of
such termination; and any required notice will be sent by the Company.

               I. Article IV is amended by inserting the following section after Section 4.4:

     4.5 Force Majeure. Notwithstanding anything to the contrary contained herein, Rights Agent
shall not be liable for any delays or failures in performance resulting from acts beyond its
reasonable control including, without limitation, acts of God, terrorist acts, shortage of supply,
breakdowns or malfunctions, interruptions or malfunction of computer facilities, or loss of data
due to power failures or mechanical difficulties with information storage or retrieval systems,
labor difficulties, war, or civil unrest.

          2. Counterparts. This Amendment may be executed in any number of counterparts and each of
such counterparts shall for all purposes be deemed to be an original, and all such counterparts
shall together constitute but one and the same instrument. Delivery of an executed counterpart of
a signature page to this Amendment by facsimile shall be as effective as delivery of a manually
executed counterpart of this Amendment.

          3. Governing Law. This Amendment shall be deemed to be a contract made under the laws of the
State of Delaware and for all purposes shall be governed by and construed in accordance with the
laws of such state applicable to contracts to be made and performed entirely within such state.

          4. Effectiveness. This Amendment shall be deemed effective immediately prior to the execution
and delivery of the Merger Agreement on and as of the date first written above, as if executed on
such date. Except as amended hereby, the Rights Agreement shall remain in full force and effect
and shall be otherwise unaffected hereby.

[SIGNATURE PAGE FOLLOWS]

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          IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and
attested as of the day and year first above written.

	 	 	 	 	 	 	 	 	 
	Attest:	 	 	 	MAVERICK TUBE CORPORATION	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	   /s/ C. Robert Bunch
	 	By:
	 	   /s/ Joyce M. Schuldt	 	 
	 

	 	 

Name: C. Robert Bunch
	 	 	 	 

Name: Joyce M. Schuldt
	 	 
	 

	 	Title: Chairman of the Board and
	 	 	 	Title: Senior Vice President – Finance, Chief	 	 
	 

	 	Chief Executive Officer
	 	 	 	Financial Officer and Secretary	 	 

	 	 	 	 	 	 	 	 	 
	Attest:	 	 	 	COMPUTERSHARE INVESTOR SERVICES,

LLC, as Rights Agent	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	   /s/ Kenneth J. Vlk
 

Name: Kenneth J. Vlk
	 	By:
	 	   /s/ Michael J. Lang
 

Name: Michael J. Lang
	 	 
	 

	 	Title: Relationship Manager
	 	 	 	Title: Director, Relationship Management

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