Document:

Exhibit 10.1 LTIP Amendment

Exhibit 10.1 

LONG-TERM INCENTIVE PLAN
OF TRANSOCEAN LTD.
(As Amended and Restated as of February 12, 2009)
First Amendment
Transocean Ltd. (the “Company”), having reserved the right under Section 6.3 of the Long-Term Incentive Plan of Transocean Ltd., as amended and restated effective as of February 12, 2009 (the “Plan”), to amend the Plan, does hereby amend the Plan, effective May 18, 2013, to replace the last sentence of Section 3.3 of the Plan with the following sentence:

“Notwithstanding the provisions of Sections 3.1(b) and 3.2(c) above, Restricted Shares and Deferred Unit awards to Eligible Directors may vest at such time as the Board may designate in its sole discretion, but not earlier than the first to occur of (a) the first anniversary of the initial date of such award or (b) the date of the Annual General Meeting next following the initial date of such award.”
Attested to by the Secretary of Transocean Ltd. as adopted by the Board of Directors of Transocean Ltd. this 18th day of May, 2013.

By: /s/ Philippe A. Huber                    
Philippe A. HuberExhibit 10.1

Exhibit 10.1
AWARD AGREEMENT 
CST Brands, Inc. 2013 Omnibus Stock Incentive Plan

Non-Qualified Stock Option
This Award Agreement (this “Agreement”) is entered into between CST Brands, Inc., a Delaware corporation (“Company”), and Participant pursuant to the terms of the CST Brands, Inc. 2013 Omnibus Stock Incentive Plan (as may be amended, the “Plan”).  As used herein, “Participant” means «First_Name» «Middle_Name» «Last_Name», an Employee of Company.  Capitalized terms used in this Agreement but not otherwise defined in this Agreement have the meanings set forth in the Plan.
1.Grant of Stock Option.  Company grants to Participant a Non-qualified Stock Option (the “Stock Option”) on «Option_Date»  (“Date of Grant”) to purchase up to «Shares_Granted» shares of Common Stock (the “Shares”) in accordance with the terms of this Agreement and the Plan.  The Shares, when issued to Participant upon the exercise of the Stock Option, will be fully paid and non-assessable.
2.    Purchase Price.  The Option Price of the Shares will be «Option_Price» per Share.
3.    Term of Award.  The Award Period during which the Stock Option is in effect will commence on the Date of Grant and end on the tenth anniversary of the Date of Grant, unless the Stock Option otherwise terminates or is forfeited under the terms of the Plan or this Agreement prior to the expiration of the Award Period, including, without limitation, in connection with Participant’s termination of service as an Employee as provided under Article 8 of the Plan.
4.    Exercise of Stock Option.  No portion of the Stock Option may be exercised prior to «Vest_Date_Period_1» and may only be exercised to the extent the Shares under the Stock Option had vested in accordance with the schedule below.  Subject to the provisions of the Plan relating to suspension or termination from the Plan or forfeiture and lapsing of the Stock Option, the Shares under the Stock Option will be available for exercise in the following increments, provided Participant has continually remained an Employee through such dates:  «Shares_Period_1» shares vest on «Vest_Date_Period_1»; «Shares_Period_2» shares vest on «Vest_Date_Period_2»; and «Shares_Period_3» shares vest on «Vest_Date_Period_3».
The Stock Option must be exercised in accordance with the Plan and administrative regulations established by the Committee by delivering to the Company’s principal business office: (1) an Exercise Notice in the form approved by the Committee that designates the Exercise Date and the number of Shares under the Stock Option to be exercised and (2) full payment for the total Option Price of the Shares to be exercised on the Exercise Date.  Failure to exercise the Stock Option in accordance with the Plan and the regulations established by the Committee shall render such exercise ineffective.  In the event of any failure by Participant to pay for the number of Shares specified in the Exercise Notice on the Exercise Date, the exercise of the Stock Option with respect to such number of Shares will be treated as if it had never been made.

NON-QUALIFIED STOCK OPTION AWARD AGREEMENT    Page  1

If any law or regulation requires Company to take any action with respect to the Shares specified in the Exercise Notice, then the date of delivery of the Shares against payment will be extended for the period necessary to take such action.  
5.    Plan Incorporated by Reference.  The Plan is incorporated herein, and by this reference, is made a part hereof for all purposes.
6.    Limitation of Rights of Participant.  Participant will have no rights with respect to any Shares not expressly conferred by the Plan or this Agreement.
7.    No Assignment.  This Agreement and the Stock Option granted hereunder are of a personal nature and Participant ’s rights with respect hereto and thereto may not be sold, mortgaged, pledged, assigned, transferred, conveyed or disposed of in any manner by Participant and may not be exercised by any person, other than Participant, except as expressly permitted under the Plan.  Any such attempted sale, mortgage, pledge, assignment, transfer, conveyance, disposition or exercise will be void, and Company will not be bound thereby.
8.    Successors.  This Agreement is binding upon any successors of Company and the heirs, successors and legal representatives of Participant.
9.    Direct Registration.  Participant agrees that in lieu of stock certificates, any Shares issuable in connection with the exercise of the Stock Option may be issued in uncertificated form pursuant to the Direct Registration System (“DRS”) of Company’s stock transfer agent.
10.    Section 409A.  If necessary in order to ensure such compliance, this Agreement may be reformed consistent with guidance issued by the Internal Revenue Service.  In no event shall the Company be liable for any additional tax, interest or penalties that may be imposed on Participant under Section 409A of the Code or any damages for failing to comply with Section 409A of the Code.

[REMAINDER OF PAGE INTENTIONALLY]

NON-QUALIFIED STOCK OPTION AWARD AGREEMENT    Page  2

By your signature and the Company’s signature below, you and the Company agree that the Stock Option referenced above is granted under and governed by the terms and conditions of the this Award Agreement and the Company’s 2013 Omnibus Stock Incentive Plan (as may be amended) attached hereto, all of which are made a part of this agreement.

CST BRANDS, INC.

By:                                                      
Name:                                                 Date 
Title:                             
 
«First Name» «Middle Name» «Last Name»        Date 
Participant

NON-QUALIFIED STOCK OPTION AWARD AGREEMENT    Page  3Exhibit 10.2

Exhibit 10.2
AWARD AGREEMENT 
CST Brands, Inc. 2013 Omnibus Stock Incentive Plan

Restricted Stock Award
This Award Agreement (this “Agreement”) is between CST Brands, Inc., a Delaware corporation (“Company”), and [_____________], a [_____________] of the Company or one of its affiliates (“Participant”), who agree as follows:
1.Introduction.  Pursuant to the CST Brands, Inc. 2013 Omnibus Stock Incentive Plan (as may be amended, the “Plan”), on [Date of Grant] (“Date of Grant”), Participant was awarded [______] shares of Common Stock of the Company under the Plan as Restricted Stock (as defined in the Plan).  The parties hereby enter into this Agreement to evidence the terms, conditions and restrictions applicable to the Restricted Stock.
2.The Plan, Restrictions, Vesting.  The Plan is incorporated herein by reference for all purposes, and Participant hereby agrees to the terms and conditions stated therein applicable to the Restricted Stock and the rights and powers of Company and the Committee as provided therein.  In addition, Participant agrees as follows:
2.01    Non-Transferrable.  Except to the extent otherwise provided in the Plan or this Agreement, the shares of Restricted Stock issued to Participant under the Plan may not be sold, exchanged, pledged, hypothecated, transferred, garnished or otherwise disposed of or alienated at any time prior to vesting. 
2.02    Vesting.  Except to the extent otherwise provided in the Plan, Participant’s rights to and interest in the shares of Restricted Stock shall vest and accrue to Participant [on the ____ anniversary of the Date of Grant][in the following increments, provided Participant has continually remained a/an [_____________] through such dates: «Shares_Period_1» shares vest on «Vest_Date_Period_1»; «Shares_Period_2» shares vest on «Vest_Date_Period_2»; and «Shares_Period_3» shares vest on «Vest_Date_Period_3»].  Upon termination of Participant’s service with the Company for any reason, including, but not limited to, Retirement, death or disability, Participant shall forfeit any unvested shares of Restricted Stock subject to this Agreement.
2.03    Book Entry Shares.  Participant agrees that in lieu of certificates representing Participant’s shares of Restricted Stock, the Restricted Stock and any shares issuable in connection with their vesting may be issued in uncertificated form pursuant to the Direct Registration System (“DRS”) of Company’s stock transfer agent.
2.04    Restructuring or Reorganization.  If, as the result of a stock split, stock dividend, combination of shares or any other change, including an exchange of securities for any reason, the Participant shall be entitled to new or additional or different shares of stock or securities, such stock or securities shall be subject to the terms and conditions of the Plan and this Agreement.
3.Limitation.  Participant shall have no rights with respect to any shares of Restricted Stock not expressly conferred by the Plan or this Agreement.

RESTRICTED STOCK AWARD AGREEMENT        Page 1

4.83(b) Election.  Participant understands that Participant should consult with Participant’s tax advisor regarding the advisability of filing with the Internal Revenue Service an election under section 83(b) of the Code, with respect to the shares of Restricted Stock subject to this Agreement.  This election must be filed no later than 30 days after the Date of Grant.  This time period cannot be extended.  Participant acknowledges (1) that Participant has been advised to consult with a tax advisor regarding the tax consequences to Participant of the receipt of the shares of Restricted Stock and (2) that timely filing of an election under section 83(b) of the Code is Participant’s sole responsibility, even if Participant requests the Company or its representative to file such election on Participant’s behalf.
5.Miscellaneous.  All capitalized terms contained in this Agreement shall have the definitions set forth in the Plan unless otherwise defined herein.  This Agreement shall be binding upon the parties hereto and their respective beneficiaries, heirs, administrators, executors, legal representatives and successors.
6.Code Section 409A.  The delivery of shares of Common Stock free of restriction under this Plan shall be made on or as soon as reasonably practical following the applicable date of vesting, but in any event no later than the 15th day of the third month following the end of the year in which the applicable date of vesting occurs.  With respect to the receipt of dividends, the payment of dividends, if any, shall be made by the last day of the fiscal quarter during which dividends on Common Stock are paid, but in any event by no later than the 15th day of the month following the end of the year in which the applicable dividends on Common Stock are paid.  This Agreement and the award evidenced hereby are intended to comply, and shall be administered consistently, in all respects with Section 409A of the Code and the regulations promulgated thereunder.  If necessary in order to ensure such compliance, this Agreement may be reformed consistent with guidance issued by the Internal Revenue Service.  In no event shall the Company be liable for any additional tax, interest or penalties that may be imposed on Participant under Section 409A of the Code or any damages for failing to comply with Section 409A of the Code.

[REMAINDER OF PAGE INTENTIONALLY BLANK]

RESTRICTED STOCK AWARD AGREEMENT        Page 2

By your signature and the Company’s signature below, you and the Company agree that the Restricted Stock referenced above is granted under and governed by the terms and conditions of this Agreement and the Company’s 2013 Omnibus Stock Incentive Plan (as the same may be amended from time to time) attached hereto, all of which are made a part of this Agreement.

CST BRANDS, INC. 

By:__________________________________________        
Name: _______________________________________   Date 
Title:__________________________________________    

______________________________________________   ______________________________ 
Participant                                                                              Date

RESTRICTED STOCK AWARD AGREEMENT        Page 3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00217-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00217-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00217-of-00352.parquet"}]]