SEC Contract Filing

Filing Date: 2022-02-22

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>2
<FILENAME>ois20211231_ex102.htm
<DESCRIPTION>EX-10.2
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head>
<!-- Document created using Wdesk -->
<!-- Copyright 2022 Workiva -->
<title>Document</title></head><body><div id="i427890ff09614084a9b91cad818b9709_1"></div><div style="min-height:45pt;width:100%"><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">EXHIBIT 10.2</font></div></div><div style="margin-bottom:10pt;text-align:right"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Annual Director Stock Award</font></div><div style="margin-bottom:10pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Election Form must be completed, signed and returned no later than December&#160;31, 20__.</font></div><div style="margin-bottom:18pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">This Election Form should only be completed if Director wishes to receive a Deferred Stock award in lieu of the annual non-employee director Restricted Stock award for 20__. If Director does not want to receive a Deferred Stock award in lieu of the annual non-employee director Restricted Stock award for 20__, then do not complete this Election Form.</font></div><div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">THE AMENDED AND RESTATED EQUITY PARTICIPATION PLAN</font></div><div style="margin-bottom:18pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">OF OIL STATES INTERNATIONAL, INC.</font></div><div style="margin-bottom:18pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">DEFERRED STOCK AWARD ELECTION FORM</font></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">THIS DEFERRED STOCK AWARD ELECTION FORM (this &#8220;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Election Form</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8221;) is made and effective as of the date written below by the Director named below (&#8220;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Director</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8221;).</font></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">I, the undersigned Director, hereby acknowledge that&#58; (i)&#160;pursuant to the current non-employee director compensation program of Oil States International, Inc. (the &#8220;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Company</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8221;), I may receive an annual Restricted Stock award during calendar year 20__ from the Company pursuant to The Amended and Restated Equity Participation Plan of Oil States International, Inc., as may be amended from time to time (the &#8220;</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Plan</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#8221;)&#59; (ii)&#160;receipt of this Election Form is no guarantee of my receiving an annual Restricted Stock award&#59; (iii)&#160;if I did receive an annual Restricted Stock award, the shares of Common Stock subject to such award would be issued on the date of grant of such award and such shares would cease to be subject to forfeiture upon vesting&#59; and (iv)&#160;if I elect to receive a Deferred Stock award in lieu of the annual Restricted Stock award for calendar year 20__, then the shares of Common Stock subject to such Deferred Stock award will be issued to me at a later date as described below provided I become vested in such Deferred Stock award. I understand that&#58; (a)&#160;the number of shares of Common Stock initially subject to a Deferred Stock award will be the same number of shares of Common Stock that would have been subject to my annual Restricted Stock award for 20__ (with such number of shares subject to adjustment from time to time as provided in the Plan)&#59; (b)&#160;the date of grant of my Deferred Stock award will be the same date that I would have been granted an annual Restricted Stock award for 20__&#59; (c)&#160;the Deferred Stock award will be subject to the same vesting conditions that would have applied under my annual Restricted Stock award for 20__&#59; (d)&#160;Dividend Equivalents will be granted in connection with my Deferred Stock award&#59; and (e)&#160;the shares of Common Stock subject to my Deferred Stock award (assuming such award becomes vested) will be delivered to me at the time provided in this Election Form. I understand that this Election Form applies only to my annual equity award, if any, during calendar year 20__ purs