Mcdermott International (MDRIQ) 8-K Departure of Directors or Certain Officers

Exhibit 10.4

McDERMOTT INTERNATIONAL, INC.

Summary of

Named Executive Officer

2012 Base Salary and

Target EICP Compensation

Named Executive Officer	Base Salary		Target EICP Award (as  a % of 2012 base salary earned)
Stephen M. Johnson President and Chief Executive Officer	$	950,000		100	%
Perry L. Elders Senior Vice President and Chief Financial Officer	$	485,000		70	%
Gary L. Carlson Senior Vice President and Chief Administration Officer	$	336,000		70	%
Liane K. Hinrichs Senior Vice President, General Counsel and Corporate Secretary	$	440,000		70	%
John T. McCormack Executive Vice President, Chief Operating Officer	$	500,000		80	%