Exhibit 10.21
DIAMOND OFFSHORE DRILLING, INC.
TIME-VESTING RESTRICTED STOCK UNIT AWARD AGREEMENT
This TIME-VESTING RESTRICTED STOCK UNIT AWARD AGREEMENT (this “Agreement”) is made as of January 18, 2023 (the “Grant Date”) between Diamond Offshore Drilling, Inc., a Delaware corporation (the “Company”), and [•] (the “Participant”), and is made pursuant to the terms of the Company’s 2021 Long-Term Stock Incentive Plan (the “Plan”). Capitalized terms used herein but not defined shall have the meanings set forth in the Plan.
RSU Vest Schedule | |
Vesting Date | Vest Quantity |
January 18, 2024 |
|
January 18, 2025 |
|
January 18, 2026 |
|
2023 Time-Vesting RSU Award Agreement Page 1 of NUMPAGES 6
2023 Time-Vesting RSU Award Agreement Page 2 of NUMPAGES 6
2023 Time-Vesting RSU Award Agreement Page 3 of NUMPAGES 6
2023 Time-Vesting RSU Award Agreement Page 4 of NUMPAGES 6
DIAMOND OFFSHORE DRILLING, INC.
By:
Name:
Title:
2023 Time-Vesting RSU Award Agreement Page 5 of NUMPAGES 6