Document:

<PAGE>

                                                                   EXHIBIT 10.11

                              EXECUTIVE AGREEMENT

     This Executive Agreement (this "Agreement") is made and entered into as of
the ____ day of _________, ____ (the "Effective Date") between Tuboscope Inc., a
Delaware corporation and its subsidiaries (collectively "Tuboscope") and _______
_____________________________________ (the "Executive")*.

WHEREAS, the Executive is employed as an Executive Officer or Senior Manager of
Tuboscope; and

     WHEREAS, the Board of Directors of the Company has authorized certain
"Severance and Change of Control Severance Protections" in order to retain and
motivate management and to ensure continuity of management; and

     WHEREAS, Tuboscope believes it to be in the best interests of its
stockholders to attract, retain and motivate key executive officers and ensure
continuity of management; and

     WHEREAS, it is in the best interest of Tuboscope and its stockholders if
the key executive officers can approach material business development decisions
objectively and without concern for their personal situation;

     WHEREAS, Tuboscope recognizes that the possibility of a Change of Control
of the Corporation may result in the departure of key executives to the
detriment of Tuboscope and its stockholders;

     In consideration of Executive's continued employment as an executive
officer with Tuboscope and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, Tuboscope and
Executive agree as follows:

1.   Term of Agreement

     A.   This Agreement shall commence on the Effective Date and shall continue
          in effect, unless terminated earlier as otherwise set forth herein
          through December 31, 2002; provided, however, that unless so
          terminated earlier, the term of this Agreement shall automatically be
          extended for one or more additional terms of three (3) years;
          provided, however, this Agreement may be terminated at any time after
          the expiration of the original term upon Tuboscope providing three (3)
          years written notice to the Executive.

     B.   The term of this Agreement shall terminate upon the expiration of the
          "Severance Payout Period" or "Change in Control Payout Period", as
          applicable, and all rights or benefits thereunder have been satisfied.

2.   Certain Definitions

     A.   "Cause". "Cause" shall mean:
          -------

---------------
* This Agreement has been entered into between Tuboscope Inc. and each of the
  following members of Tuboscope's senior management team: Charles N. Gricher,
  James F. Maroney, III, Joe E. McAnally, John M. Nelson, Kenneth L. Nibling,
  Haynes B. Smith, III, Peter J. Stuart and Clay C. Williams.

<PAGE>

     (i)   Executive's conviction of a felony involving moral turpitude,
           dishonesty or a breach of trust as regards Tuboscope;

     (ii)  Executive's commission of any act of theft, fraud, embezzlement or
           misappropriation against Tuboscope that is materially injurious to it
           regardless of whether a criminal conviction is obtained;

     (iii) Executive's willful and continued failure to devote substantially all
           of his business time to the Corporation's business affairs (excluding
           failures due to illness, incapacity, vacations, incidental civic
           activities and incidental personal time) which failure is not
           remedied within a reasonable time after written demand is delivered
           by the Corporation, which demand specifically identifies the manner
           in which the Corporation believes that Executive has failed to devote
           substantially all of his business time to the Corporation's business
           affairs; or

     (iv)  Executive's unauthorized disclosure of confidential information of
           Tuboscope that is materially injurious to Tuboscope.

     For purposes of this definition, no act, or failure to act, on Executive's
part shall be deemed "willful" unless done, or omitted to be done, by Executive
not in good faith and without reasonable belief that Executive's action or
omission was in the best interest of Tuboscope.

     B.   "Date of Termination" shall mean the date specified in the Notice of
          ---------------------
          Termination relating to termination of Executive's employment with
          Tuboscope; provided that such date shall not be less than 20 days nor
          more than 45 days following: (i) involuntary termination, not for
          cause, pursuant to Section 4 hereof, or (ii) the date within the
          Protective Period that Executive voluntarily terminates his employment
          for good reason so governed by Section 5 hereof.

     C.   "Executive Officer" shall mean an officer of the Company who is both a
          --------------------
          named executive officer of Tuboscope and a member of the Senior
          Management Team ("SMT").

     D.   "Executive" shall mean the named Executive Officer or Senior Manager
          -----------
          who is a party to this Agreement and in the event of the Executive's
          death after a "qualifying" termination pursuant to Section 4 hereof or
          a Change of Control pursuant to Section 5 hereof, then the term
          "Executive" shall include his estate.

     E.   "Good Reason" shall mean:
           ------------

           (i)   failure to re-elect or appoint the Executive to any corporate
                 office or directorship held at the time of the Change of
                 Control or a material reduction in Executive's authority,
                 duties or responsibilities (including status, offices, titles
                 and reporting requirements) or if Executive is assigned duties
                 or responsibilities inconsistent in any material respect from
                 those of Executive at the time of the relevant Change in
                 Control all
<PAGE>

                 on the basis of which Executive makes a good faith
                 determination that the terms of his employment have been
                 detrimentally and materially affected.

           (ii)  a material reduction of Executive's compensation or benefits,
                 including annual base salary, annual bonus, intermediate or
                 long-term cash or equity incentive opportunities or plans from
                 those in effect prior to the Change in Control;

           (iii) the Company fails to obtain a written agreement satisfactory to
                 Executive from any successor or assigns of the Company to
                 assume and perform this Agreement as provided in Section 9
                 hereof;

           (iv)  the Company requires Executive to be based at any office
                 located more than fifty (50) miles from the Company's current
                 offices without Executive's consent.

    F.   "Notice of Termination" shall mean a written notice delivered to the
         -----------------------
         other party indicating the specific termination provision in this
         Agreement relied upon for termination of Executive's employment and
         shall set forth in reasonable detail the facts and circumstances
         claimed to provide a basis for termination of Executive's employment
         under the provision so indicated.

    G.   "Option Plans" shall mean the Corporation's stock option plans,
         --------------
         incentive plans, equity participation plans, or other similar plans,
         and any stock option agreements or other agreements used in connection
         therewith.

    H.   "Senior Manager" shall mean a member of the SMT who is not an Executive
         ----------------
         Officer of the Company.

    I.   "Termination Base Salary" shall mean Executive's base salary at the
         -------------------------
         rate in effect at the time the Notice of Termination is given or, for
         purposes of a Change of Control, if a greater amount, Executive's base
         salary at the rate in effect immediately prior to the Change of
         Control.

3.  Termination for Cause. Tuboscope may terminate Executive for Cause at any
    time, including following a Change of Control, upon written notice to
    Executive.

4.  Standard Severance Plan. If Executive is terminated involuntarily (i.e.,
    without the consent of Executive) by Tuboscope for any reason other than for
    Cause (and such termination is not pursuant to a Change of Control) the
    Executive shall receive the following compensation and benefits from
    Tuboscope:

    A.   Tuboscope shall pay to Executive when otherwise due Executive's
         Termination Base Salary through the Date of Termination.
<PAGE>

    B.   Effective as of the Date of Termination, Tuboscope shall continue to
         pay to Executive (the "Severance Pay") the Termination Base Salary,
         payable on a regular payroll basis, for a period of twelve (12) months
         following the Date of Termination (such period to be herein referred to
         as the "Severance Payout Period"), subject to reduction as follows:

         (i)   If Executive is re-employed during the Severance Payout Period,
               Executive shall receive throughout the remainder of the Severance
               Payout Period following the effective date of such re-employment,
               50% of the Severance Pay otherwise due and payable to Executive
               after such date of re-employment;

         (ii)  In addition, if Executive is re-employed during the Severance
               Payout Period at an annual base salary that is less than the
               Termination Base Salary, in addition to the payment required by
               clause (i) above, Executive shall receive on a monthly basis
               throughout the remainder of the Severance Payout Period following
               the effective date of such re-employment the difference between
               (x) the salary actually received by Executive on a monthly basis
               from such re-employment and (y) the Termination Base Salary
               expressed as a monthly payment.

    C.   Bonuses.

         (i)   Tuboscope shall pay to Executive the "target EV" (i.e., forty
               percent (40%) of Executive's Termination Base Salary) of the
               annual bonus under the Corporation's "Annual Management Incentive
               Program" or a similar or successor plan for the year in which the
               Date of Termination occurred if Executive had not been so
               terminated, pro-rated through and including the Date of
               Termination (on the basis of a 365 day year).

         (ii)  Tuboscope shall pay to Executive any awards earned under the
               Company's "Value Plan", or a similar or successor long-term
               incentive plan adopted after the Effective Date, calculated
               through the last completed quarter prior to the Date of
               Termination, that Executive would have been entitled to receive
               for such period if Executive had not been so terminated.

         (iii) All amounts due to Executive under this Section 4.C are due and
               payable on the normal distribution date for such bonuses for all
               other participants.

     D.  All restricted shares and restricted stock units (including those under
         the Stock Match Program) of Executive shall be and become 100% vested
         and all restrictions thereon shall lapse as of the Date of Termination
         and the Corporation shall promptly deliver such shares to Executive;
         provided the Executive may elect to take a portion of the total shares
         on an annual basis for a maximum of five (5) years.
<PAGE>

5.   Change in Control Severance Plan. In the event that within the "Protective
     Period" (24 months following the Effective Date of a Change of Control)
     either (a) Executive voluntarily terminates employment for Good Reason or
     (b) Tuboscope terminates Executive's employment other than for Cause, the
     Executive shall receive the following compensation and benefits from
     Tuboscope:

     A.   Tuboscope shall pay to Executive when otherwise due Executive's
          Termination Base Salary through the Date of Termination.

     B.   Effective as of the Date of Termination, Tuboscope shall continue to
          pay to Executive the Termination Base Salary, payable on a regular
          payroll basis, for a period of eighteen (18) months following the Date
          of Termination (such period to be herein referred to as the "Change in
          Control Payout Period").

     C.   Effective as of the Date of Termination, Tuboscope shall pay to
          Executive an amount equal to one and one-half (1-1/2) times (i.e., the
          18 months set forth in B above) forty percent (40%) of Executive's
          Termination Base Salary ("Target EV") as payment for the "Annual
          Management Incentive Program". Payment shall be made in installments
          consistent with payment of the Executive's Termination Base Salary on
          a regular payroll basis.

     D.   Effective as of the Date of Termination, the performance awards for
          all overlapping periods of the Value Plan vest. For the year in which
          the Change of Control occurs, a full year is assumed to be completed
          for each performance period and included in the payoff calculations.
          Payout is prorated based on the number of deemed completed years in
          the performance periods. Payment is payable on the normal distribution
          date for such bonuses for all other participants.

     E.   All restricted shares and restricted stock units (including those
          under the Stock Match Program) of Executive shall be and become 100%
          vested and all restrictions thereon shall lapse as of the Date of
          Termination and the Corporation shall promptly deliver such shares to
          Executive; provided the Executive may elect to take a portion of the
          total shares on an annual basis for a maximum of five (5) years.

     F.   Executive shall become and be fully vested in Executive's accrued
          benefits under all qualified pension, nonqualified pension, profit
          sharing, 401(k), deferred compensation and supplemental plans
          maintained by Tuboscope for Executive's benefit, except to that the
          extent the acceleration of vesting of such benefits would violate any
          applicable law or require Tuboscope to accelerate the vesting of the
          accrued benefits of all participants in such plan or plans, in which
          case Tuboscope shall pay Executive a lump sum payment, within 30 days
          following the Date of Termination, in an amount equal to the present
          value of such unvested accrued benefits. In addition, if such a lump
          sum payment is payable, Tuboscope shall

                                       5
<PAGE>

          make an additional gross-up payment to Executive in an amount such
          that the net amount of the lump sum payment and such additional gross-
          up payment retained by Executive, after the calculation and deduction
          of all federal, state and local income tax and employment tax
          (including any interest or penalties imposed with respect to such
          taxes) on such lump sum payment and additional gross-up payment, and
          taking into account any lost or reduced tax deductions on account of
          such gross-up payment, shall be equal to such lump sum payment.

6.   Additional Benefits.

     A.   For the term of the Severance Payout Period or Change in Control
          Payout Period, as applicable, Tuboscope shall continue to provide
          Executive and Executive's eligible family members, based on the cost
          sharing arrangement between Executive and Tuboscope on the Date of
          Termination, with medical and dental health benefits and disability
          coverage and benefits at least equal to those which would have been
          provided to Executive if Executive's employment had not been
          terminated or, if more favorable to Executive, as in effect generally
          at any time during such Severance Payout Period or Change in Control
          period, as applicable. Notwithstanding the foregoing, if Executive
          becomes re-employed and is eligible to receive medical, dental and
          disability benefits under another employer's plans, Tuboscope's
          obligations under this Section 6A shall be reduced to the extent
          comparable benefits are actually received by Executive during the
          Severance Payout Period or Change in Control Payout Period, as
          applicable, and any such benefits actually received by Executive shall
          be promptly reported by Executive to Tuboscope. In the event Executive
          is ineligible under the terms of Tuboscope's benefit plans or programs
          to continue to be so covered, Tuboscope shall provide Executive with
          substantially equivalent coverage through other sources or will
          provide Executive with a lump sum payment in such amount that, after
          all taxes on that amount, shall be equal to the cost to Executive of
          providing Executive such benefit coverage. The lump sum shall be
          determined on a present value basis using the interest rate provided
          in Section 1274(b)(2)(B) of the Internal Revenue Code of 1986, as
          amended (the "Code") on the Date of Termination. In addition, if such
          a lump sum payment is payable, Tuboscope shall make an additional
          gross-up payment to Executive in an amount such that the net amount of
          the lump sums payment and such additional gross-up payment retained by
          Executive, after the calculation and deduction of all federal, state
          and local income tax and employment tax (including any interest or
          penalties imposed with respect to such taxes) on such lump sum payment
          and additional gross-up payment, and taking into account any lost or
          reduced tax deductions on account of such gross-up payment, shall be
          equal to such lump sum payment

     B.   Outplacement Benefits. Throughout the term of the Severance Payout
          ---------------------
          Period or Change in Control Payout Period, as applicable, Executive
          shall be entitled to receive outplacement services, payable by
          Tuboscope, with an aggregate cost not to exceed 15% of Executive's
          Termination Base Salary, with an executive outplacement service firm
          reasonably acceptable to Tuboscope and Executive.

                                       6
<PAGE>

     C.   Automobile Benefits. Throughout the Severance Payout Period or Change
          -------------------
          in Control Payout Period, as applicable, Tuboscope shall continue to
          pay to Executive the monthly car allowance payable to Executive as of
          the Date of Termination, payable on the regular payroll basis in
          effect for car allowances.

7.   Accelerated Vesting of Options Upon a Change of Control.

     Notwithstanding any provisions to the contrary of any of the Option Plans
     or Option Agreements, upon a Change in Control all outstanding unvested
     stock options, if any, granted to Executive under any of the Option Plans
     (or options substituted therefor covering the stock of a successor
     corporation) shall be and become fully vested and exercisable as to all
     shares of stock covered thereby effective as of the date of the Change in
     Control.

8.   Mitigation.

     Executive shall not be required to mitigate the amount of any payment
     provided for in this Agreement by seeking other employment or otherwise
     nor, except as provided in Section 4B and Section 6A, shall the amount of
     any payment or benefit provided for in this Agreement be reduced by any
     compensation earned or benefit received by Executive as the result of
     employment by another employer or self-employment, by retirement benefits,
     by offset against any amount claimed to be owed by Executive to Tuboscope
     or otherwise.

9.   Successor Agreement.

     Tuboscope will require any successor (whether direct or indirect, by
     purchase, merger, consolidation or otherwise) to all or substantially all
     of the business and/or assets of Tuboscope to assume expressly and agree to
     perform this Agreement in the same manner and to the same extent that the
     Companies would be required to perform if no succession had taken place.
     Failure of the successor to so assume shall constitute a breach of this
     Agreement and entitle Executive to the benefits hereunder as if triggered
     by a termination not for good cause.

10.  Indemnity.

     In any situation where under applicable law Tuboscope has the power to
     indemnify, advance expenses to and defend Executive in respect of any
     judgements, fines, settlements, loss, cost or expense (including attorney's
     fees) of any nature related to or arising out of Executive's activities as
     an agent, employee, officer or director of Tuboscope or in any other
     capacity on behalf of or at the request of Tuboscope, then Tuboscope shall
     promptly on written request, indemnify Executive, advance expenses
     (including attorney's fees) to Executive and defend Executive to the
     fullest extent permitted by applicable law, including but not limited to
     making such findings and determinations and taking any and all such actions
     as Tuboscope may, under applicable

                                       7
<PAGE>

     law, be permitted to have the discretion to take so as to effectuate such
     indemnification, advancement or defense. Such agreement by Tuboscope shall
     not be deemed to impair any other obligation of Tuboscope respecting
     Executive's indemnification or defense otherwise arising out of this or any
     other agreement or promise of Tuboscope under any statute.

11.  Notice.

     For the purpose of this Agreement. notices and all other communications
     provided for in this Agreement shall be in writing and delivered by United
     States certified or registered mail (return receipt requested, postage
     prepaid) or by courier guaranteeing overnight delivery or by hand delivery
     (with signed receipt required), addressed to the respective addresses set
     forth below, and such notice or communication shall be deemed to have been
     duly given two days after deposit in the mail, one day after deposit with
     such overnight carrier or upon delivery with hand delivery. The addresses
     set forth below may be changed by a writing in accordance herewith.

     Tuboscope:                          Executive:

     Tuboscope, Inc.
     2835 Holmes Road
     Houston, Texas 77051
     Attn: Chief Executive Officer
     with a copy to General Counsel

12.  Dispute Resolution.

     If any dispute arises out of this Agreement, the "complaining party" shall
     give the "other party" written notice of such dispute. The other party
     shall have ten (10) business days to resolve the dispute to the complaining
     party's satisfaction. If the dispute is not resolved by the end of such
     period, the complaining party may by written notice (the "Notice") demand
     arbitration of the dispute as set out below, and each party hereto
     expressly agrees to submit to, and be bound by, such arbitration.

     (a)  Each party will, within ten (10) business days of the Notice, nominate
          an arbitrator. Each nominated arbitrator must be someone experienced
          in dispute resolution and of good character without moral turpitude
          and not within the employ or direct or indirect influence of the
          nominating party. The two nominated arbitrators will, within ten (10)
          business days of nomination, agree upon a third arbitrator. If two (2)
          appointed arbitrators cannot agree on a third arbitrator within such
          period, the parties may seek such an appointment through any permitted
          court proceeding or by the American Arbitration Association ("AAA").
          The three arbitrators will set the rules and timing of the
          arbitration, but will generally follow the rules of the AAA and this
          Agreement where same are applicable and shall provide for written fact
          findings.

                                       8
<PAGE>

     (b)  The arbitration hearing will in no event take place more than ninety
          (90) days after the appointment of the third arbitrator.

     (c)  The arbitration will take place in Houston, Texas unless otherwise
          unanimously agreed to by the parties.

     (d)  The results of the arbitration and the decision of the arbitrators
          will be final and binding on the parties and each party agrees and
          acknowledges that these results shall be enforceable in a court of
          law.

13.  Governing Law.

     This Agreement will be governed by and construed in accordance with the
     internal substantive laws, and not the choice of law rules, of the State of
     Texas.

          IN WITNESS WHEREOF, Tuboscope and the Executive have executed this
Agreement to be effective the date first above written.

EXECUTIVE                              TUBOSCOPE INC.
                                       a Delaware corporation

                                       By
-------------------------------            -------------------------------------

                                       9<PAGE>

                                                                 EXHIBIT 10.11.1

                               FIRST AMENDMENT TO
                               EXECUTIVE AGREEMENT

     This First Amendment to Executive Agreement (this "Amendment") is made and
entered into as of the ____ day of _________ ____ (the "Effective Date") between
Tuboscope Inc., a Delaware corporation and its subsidiaries (collectively
"Tuboscope") and ________________________ (the "Executive")*.

     WHEREAS, the Executive and Tuboscope have previously entered into an
Executive Agreement with an Effective Date of __________________; and

     WHEREAS, Tuboscope and Executive wish to modify the Executive Agreement in
certain respects by the addition of a new subparagraph 5.G. and a new Section
14; and

     WHEREAS, Tuboscope believes it to be in the best interests of its
stockholders to attract, retain and motivate key executive officers and ensure
continuity of management and that this Amendment will further those interests.

     In consideration of Executive's continued employment as an executive
officer with Tuboscope and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, Tuboscope and
Executive agree as follows:

1.   Additional Subparagraph 5.G.

     An additional subparagraph G as set forth below is hereby added to the end
of Section 5 and for all purposes made a part of the Executive Agreement as
follows:

     G.   Executive (or in the event of his death, his estate) shall be entitled
          to exercise his respective grants of vested stock options until either
          (i) 24 months following the Date of Termination for a cash exercise of
          such option or (ii) 12 months following the Date of Termination for an
          immediate cashless exercise or an exercise through the Corporation's
          cashless exercise program; provided, however, that if any of the
          options are not in the money on the Date of Termination (i.e., the
          exercise price of such option exceeds the fair market value of the
          Common Stock on the Date of Termination), then the 24 month or 12
          month exercise period referred to above shall not commence for such
          options until the last day of a thirty trading day period following
          the Date of Termination during which the average closing market price
          of the Common Stock is at least equal to the exercise price of such
          options. Notwithstanding the provisions of this Section G, no option
          may be exercised at any time past the term of such option.
---------------
* This Agreement has been entered into between Tuboscope Inc. and each of the
  following members of Tuboscope's senior management team: John F. Lauletta,
  Joseph C. Winkler, Charles N. Gricher, James F. Maroney, III, Joe E. McAnally,
  John M. Nelson, Kenneth L. Nibling, Haynes B. Smith, III, Peter J. Stuart and
  Clay C. Williams.

<PAGE>

2.   Additional Section 14.

     An additional Section 14 as set forth below is hereby added to and for all
purposes made a part of the Executive Agreement as follows:

14.  Excise Taxes and Gross-Up Payments.

     A.   The benefits of this Section 14 shall only apply if the aggregate
          payments and distributions to Executive or for Executive's benefit
          (whether paid or payable or distributed or distributable) pursuant to
          the terms of this Agreement (the "Payment") exceeds 2.99 multiplied by
          the Executive's "base amount" (as defined under Section 280G(b)(3) of
          the Code) by 12.5% or greater. Only if the Payment to Executive
          satisfies or exceeds such threshold, then Executive (i) shall be
          entitled to the benefits and payments set forth in this Section 14,
          and (ii) shall be referred to in this Section 14 as "Tax Eligible
          Executive".

     B.   If it shall be determined that Executive is a Tax Eligible Executive
          and any or all of the Payment would be subject to the excise tax
          imposed by Section 4999 of the Code (the "Excise Tax"), then Tax
          Eligible Executive shall be entitled to receive from the Corporation
          an additional payment (the "Gross-Up Payment") in an amount such that
          the net amount of the Payment and the Gross-Up Payment retained by Tax
          Eligible Executive after the calculation and deduction of all Excise
          Taxes (including any interest or penalties imposed with respect to
          such taxes) on the Payment and all federal, state and local income
          tax, employment tax and Excise Tax (including any interest or
          penalties imposed with respect to such taxes) on the Gross-Up Payment
          provided for in this Section 14, and taking into account any lost or
          reduced tax deductions on account of the Gross-Up Payment, shall be
          equal to the Payment.

     C.   All determinations required to be made under this Section 14,
          including whether Executive is a Tax Eligible Executive and whether
          and when the Gross-Up Payment is required and the amount of such
          Gross-Up Payment, and the assumptions to be utilized in arriving at
          such determinations (consistent with the provisions of the Section
          14), shall be made by the Corporation's independent certified public
          accountants (the "Accountants"). The Accountants shall provide Tax
          Eligible Executive and the Corporation with detailed supporting
          calculations with respect to such Gross-Up Payment within fifteen (15)
          business days of the receipt of notice from Executive or the
          Corporation that Executive has received or will receive a Payment. In
          the event that the Accountants are also serving as accountant or
          auditor for the individual, entity or group effecting the Change in
          Control, Tax Eligible Executive shall appoint another nationally
          recognized public accounting firm to make the determinations required

                                       2
<PAGE>

          hereunder (which accounting firm shall then be referred to as the
          Accountants hereunder). All fees and expenses of the Accountants shall
          be borne solely by the Corporation. All determinations by the
          Accountants shall be binding upon the Corporation and Tax Eligible
          Executive.

     D.   For the purposes of determining whether any of the Payments will be
          subject to the Excise Tax and the amount of such Excise Tax, such
          Payments will be treated as "parachute payments" within the meaning of
          Section 28OG of the Code, and all "parachute payments" in excess of
          the "base amount" (as defined under Section 280G(b)(3) of the Code)
          shall be treated as subject to the Excise Tax, unless and except to
          the extent that in the opinion of the Accountants such payment (in
          whole or in part) either do not constitute "parachute payments" or
          represent reasonable compensation for services actually rendered
          (within the meaning of Section 280G(b)(4) of the Code) in excess of
          the "base amount" or such "parachute payments" are otherwise not
          subject to such Excise Tax. For purposes of determining the amount of
          the Gross-Up Payment, Tax Eligible Executive shall be deemed to pay
          federal income taxes at the highest applicable marginal rate of
          federal income taxation for the calendar year in which the Gross-Up
          Payment is to be made and to pay any applicable state and local income
          taxes at the highest applicable marginal rate of taxation for the
          calendar year in which the Gross-Up Payment is to be made, net of the
          maximum reduction in federal income taxes that could be obtained from
          the deduction of such state or local taxes if paid if such year
          (determined without regard to limitations on deductions based upon the
          amount of Tax Eligible Executive's adjusted gross income); and to have
          otherwise allowable deductions for federal, state and local income tax
          purposes at least equal to those disallowed because of the inclusion
          of the Gross-Up Payment in Tax Eligible Executive's adjusted gross
          income.

     E.   To the extent practicable, any Gross-Up Payment with respect to any
          Payment shall be paid by the Corporation at the time Tax Eligible
          Executive is entitled to receive the Payment and in no event will any
          Gross-Up Payment be paid later than thirty (30) days after the receipt
          by Tax Eligible Executive of the Accountant's determination. As a
          result of uncertainty in the application of Section 4999 of the Code
          at the time of the initial determination by the Accountants hereunder,
          it is possible that the Gross-Up Payment made will have been an amount
          less than the Corporation should have paid pursuant to this Section 14
          (the "Underpayment"). In the event that the Corporation exhausts its
          remedies pursuant to Section 14 and Tax Eligible Executive is required
          to make a payment of any Excise Tax, the Underpayment shall be
          promptly paid by the Corporation to or for Tax Eligible Executive's
          benefit.

                                       3
<PAGE>

     F.   Executive shall notify the Corporation in writing of any claim by the
          Internal Revenue Service that, if successful, would require the
          payment by the Corporation of the Gross-Up Payment. Such notification
          shall be given as soon as practicable after Executive is informed in
          writing of such claim and shall apprise the Corporation of the nature
          of such claim and the date on which such claim is requested to be
          paid. Tax Eligible Executive shall not pay such claim prior to the
          expiration of the thirty (30) day period following the date on which
          Tax Eligible Executive gives such notice to the Corporation (or such
          shorter period ending on the date that any payment of taxes, interest
          and/or penalties with respect to such claim is due). If the
          Corporation notifies Tax Eligible Executive in writing prior to the
          expiration of such thirty (30) day period that it desires to contest
          such claim, Tax Eligible Executive shall:

          (i)   give the Corporation any information reasonably requested by
                the Corporation relating to such claim

          (ii)  take such action in connection with contesting such claim as the
                Corporation shall reasonably request in writing from time to
                time, including, without limitation, accepting legal
                representation with respect to such claim by an attorney
                reasonably selected by the Corporation;

          (iii) cooperate with the Corporation in good faith in order to
                effectively contest such claim; and

          (iv)  permit the Corporation to participate in any proceedings
                relating to such claims; provided, however. that the Corporation
                shall bear and pay directly all costs and expenses (including
                additional interest and penalties) incurred in connection with
                such contest and shall indemnify Tax Eligible Executive for,
                advance expenses to Tax Eligible Executive for, defend Tax
                Eligible Executive against and hold Tax Eligible Executive
                harmless from, on an after-tax basis, any Excise Tax or income
                tax (including interest and penalties with respect thereto)
                imposed as a result of such representation and payment of all
                related costs and expenses. Without limiting the foregoing
                provisions of this Section 14, the Corporation shall control all
                proceedings taken in connection with such contest and, at its
                sole option, may pursue or forego any and all administrative
                appeals, proceedings, hearings and conferences with the taxing
                authority in respect of such claim and may, at its sole option,
                either direct Tax Eligible Executive to pay the tax claimed and
                sue for a refund or contest the claim in any permissible manner,
                and Tax Eligible Executive agrees to prosecute such contest to a
                determination before any administrative tribunal, in a court of
                initial jurisdiction and in one or more

                                       4
<PAGE>

                appellate courts, as the Corporation shall determine; provided,
                however, that if the Corporation directs Tax Eligible Executive
                to pay such claim and sue for a refund, the Corporation shall
                advance the amount of such payment to Tax Eligible Executive, on
                an interest-free basis, and shall indemnify Tax Eligible
                Executive for, advance expenses to Tax Eligible Executive for,
                defend Tax Eligible Executive against and hold Tax Eligible
                Executive harmless from, on an after-tax basis, any Excise Tax
                or income tax (including interest or penalties with respect
                thereto) imposed with respect to such advance or with respect to
                any imputed income with respect to such advance (including as a
                result of any forgiveness by the Corporation of such advance);
                provided, further, that any extension of the statute of
                limitations relating to the payment of taxes for the taxable
                year of Tax Eligible Executive with respect to which such
                contested amount is claimed to be due is limited solely to such
                contested amount. Furthermore, the Corporation's control of the
                contest shall be limited to issues with respect to which a
                Gross-Up Payment would be payable hereunder and Tax Eligible
                Executive shall be entitled to settle or contest, as the case
                may be, any other issue raised by the Internal Revenue Service
                or any other taxing authority.

Effectiveness of Other Terms.

     All other terms of the Executive Agreement not specifically addressed in
this Amendment shall continue in full force and effect.

     IN WITNESS WHEREOF, Tuboscope and the Executive have executed this
Amendment to be effective the date first above written.

EXECUTIVE                              TUBOSCOPE INC.,
                                       a Delaware corporation

/s/                                    By
------------------------------             -------------------------------------

                                       5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00007-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00007-of-00352.parquet"}]]