SECOND AMENDED AND RESTATED
HORNBECK OFFSHORE SERVICES, INC.
INCENTIVE COMPENSATION PLAN
RESTRICTED STOCK UNIT AGREEMENT
FOR EXECUTIVE OFFICERS
THIS RESTRICTED STOCK UNIT AGREEMENT (this “ Agreement ”) is made effective as of
(the “ Award Date ”) by and between Hornbeck Offshore Services, Inc. (the “ Company ”)
and (“ Employee ”).
1. GRANT OF RESTRICTED STOCK UNITS . Pursuant to the Second Amended and Restated Hornbeck
Offshore Services, Inc. Incentive Compensation Plan (the “ Plan ”), Employee is hereby awarded Restricted Stock
Units covering shares of the Common Stock of the Company. On any day, the value of a Restricted
Stock Unit shall equal the Fair Market Value of one share of Common Stock of the Company. All of the Restricted
Stock Units shall be subject to the Forfeiture Restrictions as set forth in Sections 4 and 5 of this Agreement.
2. EFFECT OF THE PLAN . The Restricted Stock Units awarded to Employee are subject to all of the terms and
conditions of the Plan, which terms and conditions are incorporated herein for all purposes, and of this Agreement
together with all rules and determinations from time to time issued by the Committee and by the Board pursuant to
the Plan. The Company hereby reserves the right to amend, modify, restate, supplement or terminate the Plan without
the consent of Employee, so long as such amendment, modification, restatement or supplement shall not materially
reduce the rights and benefits available to Employee hereunder, and this Award shall be subject, without further action
by the Company or Employee, to such amendment, modification, restatement or supplement unless provided
otherwise therein. Capitalized terms used but not defined in this Agreement shall have the meanings ascribed to such
terms in the Plan.
3. DEFINITIONS .
(a) “ Disability ” means the “disability” of Employee as defined in a the