þ | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
o | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
Louisiana | 72-1106167 | |
(State or other jurisdiction of
incorporation or organization) |
(I.R.S. Employer Identification No.) | |
4171 Essen Lane, Baton Rouge, Louisiana | 70809 | |
(Address of principal executive offices) | (Zip Code) |
Large accelerated filer þ | Accelerated filer o | Non-accelerated filer o | Smaller reporting company o | |||
(Do not check if a smaller reporting company) |
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EXHIBIT INDEX
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Exhibit 10.65 | ||||||||
Exhibit 10.66 | ||||||||
Exhibit 10.67 | ||||||||
Exhibit 10.68 | ||||||||
Exhibit 10.69 | ||||||||
Exhibit 10.70 | ||||||||
Exhibit 31.1 | ||||||||
Exhibit 31.2 | ||||||||
Exhibit 32.1 | ||||||||
Exhibit 32.2 |
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
Three Months Ended
2009
2008
$
1,858,515
$
1,900,433
1,703,779
1,712,340
154,736
188,093
75,777
73,106
78,959
114,987
(980
)
(1,745
)
(9,358
)
(9,862
)
1,959
3,923
(102,339
)
(161,202
)
(417
)
(2,399
)
5,046
(1,861
)
(27,130
)
(58,159
)
(11,151
)
(22,698
)
(15,979
)
(35,461
)
(368
)
1,543
208
(139
)
(16,139
)
(34,057
)
4,346
5,860
$
(20,485
)
$
(39,917
)
$
(0.25
)
$
(0.48
)
$
(0.25
)
$
(0.48
)
83,420
83,103
83,420
83,103
Table of Contents
November 30,
August 31,
2009
2009
(Unaudited)
$
844,033
$
1,029,138
19,463
81,925
575,379
342,219
165,001
80,000
846,365
815,862
252,532
262,284
608,794
599,741
315,468
270,851
1,002,857
1,008,442
64,159
62,786
4,694,051
4,553,248
20,015
21,295
424,139
385,606
501,931
501,305
20,228
20,957
67,559
74,763
$
5,727,923
$
5,557,174
$
823,389
$
859,753
151,249
175,750
211,391
187,020
1,441,337
1,308,325
1,490,106
1,387,954
31,435
31,369
16,346
15,399
4,165,253
3,965,570
3,203
7,627
23,813
26,152
100,221
109,835
4,292,490
4,109,184
1,247,020
1,237,727
403,166
423,651
(121,400
)
(121,966
)
(117,353
)
(116,113
)
1,411,433
1,423,299
24,000
24,691
1,435,433
1,447,990
$
5,727,923
$
5,557,174
Table of Contents
Accumulated
Treasury
Other
Total
Common
Stock
Comprehensive
Retained
Shaw
Noncontrolling
Total
Stock Amount
Amount
Income (Loss)
Earnings
Equity
Interests
Equity
$
1,204,914
$
(114,951
)
$
(9,609
)
$
409,376
$
1,489,730
$
29,082
$
1,518,812
(39,917
)
(39,917
)
5,860
(34,057
)
(15,258
)
(15,258
)
(15,258
)
(7,273
)
(7,273
)
(7,273
)
(27,210
)
(27,210
)
(27,210
)
579
579
579
(89,079
)
5,860
(83,219
)
42
42
42
(384
)
(384
)
(384
)
5,596
(995
)
4,601
4,601
(9,973
)
(9,973
)
$
1,210,168
$
(115,946
)
$
(58,771
)
$
369,459
$
1,404,910
$
24,969
$
1,429,879
$
1,237,727
$
(116,113
)
$
(121,966
)
$
423,651
$
1,423,299
$
24,691
$
1,447,990
(20,485
)
(20,485
)
4,346
(16,139
)
2,444
2,444
2,444
(41
)
(41
)
(41
)
(3,061
)
(3,061
)
(3,061
)
982
982
982
242
242
242
(19,919
)
4,346
(15,573
)
330
330
330
(312
)
(1,240
)
(1,552
)
(1,552
)
(131
)
(131
)
(131
)
9,406
9,406
9,406
(5,037
)
(5,037
)
$
1,247,020
$
(117,353
)
$
(121,400
)
$
403,166
$
1,411,433
$
24,000
$
1,435,433
Table of Contents
2009
2008
$
(16,139
)
$
(34,057
)
14,819
12,572
(44,443
)
(62,141
)
9,406
6,836
102,756
163,601
(942
)
2,633
(33,042
)
(258,173
)
(7,024
)
(85,233
)
9,795
(25,769
)
(6,018
)
(5,793
)
(34,083
)
25,432
(1,122
)
58,382
132,117
115,000
(18,051
)
(4,691
)
108,029
(91,401
)
(64,617
)
(19,926
)
20,232
26,522
(1,269
)
82,462
45,946
(14,192
)
(50,660
)
(466,117
)
232,200
(58,674
)
(268,706
)
613
(1,240
)
(993
)
(9,827
)
(2,084
)
(9,702
)
(2,765
)
330
42
81
138
(5,037
)
(9,973
)
(25,395
)
(15,635
)
967
(3,741
)
(185,105
)
(110,164
)
1,029,138
927,756
$
844,033
$
817,592
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Balance Sheet
Classification
Cash and
Cost
Unrealized
Unrealized
Recorded
Cash
Short-term
Basis
Gain
(Loss)
Basis
Equivalents
Investments
$
299,825
$
$
$
299,825
$
299,825
$
514,115
514,115
514,115
290,793
290,793
30,093
260,700
22,603
68
22,671
22,671
33,902
151
(141
)
33,912
33,912
257,930
739
(573
)
258,096
258,096
$
1,419,168
$
958
$
(714
)
$
1,419,412
$
844,033
$
575,379
$
8,207
$
3
$
Less than 12 Months
Fair
Unrealized
Value
Loss
$
4,732
$
(141
)
48,575
(573
)
$
53,307
$
(714
)
Cost
Estimated
Basis
Fair Value
$
14,108
$
14,090
300,327
300,589
$
314,435
$
314,679
Table of Contents
Balance Sheet
Classification
Restricted and
Holding
Escrowed Cash
Restricted
Recorded
Period
and Cash
Short-term
Basis
(Loss)
Equivalents
Investments
$
13,806
$
$
13,806
$
5,657
5,657
138,674
138,674
9,019
(1,637
)
9,019
4,464
(13
)
4,464
12,844
(15
)
12,844
$
184,464
$
(1,665
)
$
19,463
$
165,001
November 30, 2009
August 31, 2009
$
682,189
$
671,324
12,929
11,382
151,247
133,156
$
846,365
$
815,862
$
28,269
3,544
(1,524
)
(274
)
$
30,015
Table of Contents
November 30, 2009
August 31, 2009
Weighted
Weighted
Average
FIFO
Total
Average
FIFO
Total
$
13,421
$
105,281
$
118,702
$
13,940
$
110,469
$
124,409
2,360
37,976
40,336
2,778
40,923
43,701
93,494
93,494
94,174
94,174
$
109,275
$
143,257
$
252,532
$
110,892
$
151,392
$
262,284
Table of Contents
Three Months Ended
September 30,
September 30,
2009
2008
(unaudited)
(unaudited)
$
1,109,438
$
743,020
173,424
165,099
(3,963
)
17,642
(3,000
)
12,664
Ownership
November 30,
August 31,
Percentage
2009
2009
20
%
$
1,002,857
$
1,008,442
23% 50
%
20,015
21,295
$
1,022,872
$
1,029,737
Three Months Ended
2009
2008
$
(368
)
$
1,543
208
(139
)
$
(160
)
$
1,404
Fossil,
Renewables
& Nuclear
Maintenance
E&I
E&C
F&M
Total
$
139,177
$
42,027
$
189,808
$
112,575
$
17,718
$
501,305
177
449
626
$
139,177
$
42,027
$
189,808
$
112,752
$
18,167
$
501,931
Table of Contents
Proprietary Technologies,
Patents and Tradenames
Customer Relationships
Gross Carrying
Accumulated
Gross Carrying
Accumulated
Amount
Amortization
Amount
Amortization
$
43,954
$
(23,534
)
$
2,016
$
(1,479
)
13
(693
)
(49
)
$
43,954
$
(24,214
)
$
2,016
$
(1,528
)
Proprietary Technologies,
Customer
Patents and Tradenames
Relationships
$
2,079
$
151
2,772
202
2,770
135
2,766
2,766
6,587
$
19,740
$
488
November 30, 2009
August 31, 2009
Short-term
Long-term
Short-term
Long-term
$
14,813
$
867
$
10,610
$
2,146
1,188
1,824
806
1,060
2,805
2,277
727
1,276
796
1,380
16,346
3,203
15,399
7,627
1,490,106
1,387,954
$
1,506,452
$
3,203
$
1,403,353
$
7,627
Table of Contents
November 30,
August 31,
2009
2009
$
426,875
$
426,875
653,125
653,125
410,106
307,954
$
1,490,106
$
1,387,954
Table of Contents
$
1,214.0
(390.7
)
(170.1
)
$
653.2
Table of Contents
Equity in
Westinghouses
Interest
Pre-tax other
Rate Swap
Accumulated
Foreign
Comprehensive
Contract on
Other
Currency
Income (Loss),
JPY-
Pension
Unrealized
Comprehensive
Translation
Net of
Denominated
Liability
Gain (Loss) on
Income
Adjustments
Shaws tax
Bonds
Adjustments
Securities
(Loss)
$
417
$
26,060
$
(5,360
)
$
(30,726
)
$
$
(9,609
)
(15,258
)
(27,210
)
(7,273
)
579
(49,162
)
$
(14,841
)
$
(1,150
)
$
(12,633
)
$
(30,147
)
$
$
(58,771
)
$
(9,922
)
$
(54,657
)
$
(19,217
)
$
(38,170
)
$
$
(121,966
)
2,444
(3,061
)
(41
)
982
242
566
$
(7,478
)
$
(57,718
)
$
(19,258
)
$
(37,188
)
$
242
$
(121,400
)
Table of Contents
Warranties, requiring achievement of acceptance and performance testing levels;
liquidated damages, if the project does not meet predetermined completion dates; and
penalties or liquidated damages for failure to meet other cost or project performance
measures.
Table of Contents
Table of Contents
Three Months Ended
2009
2008
83,420
83,103
83,420
83,103
Three Months Ended
2009
2008
4,436
3,486
2,826
986
Table of Contents
Three Months Ended
2009
2008
$
35
$
520
2,089
2,159
(1,869
)
(1,831
)
858
576
9
9
$
1,122
$
1,433
Table of Contents
Fiscal Year
Fiscal Year
2010
2009
$
222.9
$
63.6
0.7
24.9
(14.4
)
(14.3
)
$
209.2
$
74.2
$
79.7
$
62.2
Table of Contents
Table of Contents
Three Months Ended
(In millions, except percentages)
2009
2008
$
579.5
$
676.6
293.4
334.1
528.3
401.4
339.3
321.7
117.9
164.7
0.1
1.9
$
1,858.5
$
1,900.4
$
33.0
$
51.8
20.2
11.7
47.5
34.5
34.2
52.4
20.7
35.7
(0.9
)
2.0
$
154.7
$
188.1
5.7
%
7.7
%
6.9
3.5
9.0
8.6
10.1
16.3
17.6
21.7
NM
NM
8.3
%
9.9
%
$
18.4
$
35.9
17.5
8.3
30.4
18.6
22.2
41.8
12.6
30.4
(111.7
)
(171.2
)
(16.5
)
(22.0
)
$
(27.1
)
$
(58.2
)
NM Not Meaningful
November 30,
August 31,
(In millions)
2009
2009
$
1,761.3
$
1,629.9
201.6
180.7
1,054.5
1,002.8
817.4
853.4
690.7
698.0
1,193.1
1,171.2
839.1
846.9
6,557.7
6,382.9
(412.1
)
(412.1
)
(418.1
)
(414.0
)
0.4
0.4
$
5,727.9
$
5,557.2
Table of Contents
Fair
Fair Value Measurements Using
Value
(Level 1)
(Level 2)
(Level 3)
$
399,374
$
$
399,374
$
9,019
9,019
27,134
27,134
33,912
33,912
270,940
270,940
$
740,380
$
9,019
$
731,361
$
$
31,435
$
$
31,435
$
$
1,633
$
$
1,633
$
$
9
$
$
9
$
Location and Amount of Gain (Loss)
Recognized in Income on Derivatives
Three Months Ended
November 30, 2009
Other
comprehensive income - See Note 9 - Accumulated Other Comprehensive Income (Loss)
Other foreign currency transaction
gains (losses), net $0.8 million
Table of Contents
Three Months Ended
November 30,
November 30,
2009
2008
$
17,551
$
$
41
$
7,273
$
(3,061
)
$
(27,210
)
Table of Contents
the continued depressed global economic conditions;
changes in demand for our products and services;
our ability to obtain new contracts for large-scale domestic and international projects
and the timing of the performance of these contracts;
changes in the nature of the individual markets in which our customers operate;
project management risks, including additional costs, reductions in revenues, claims,
disputes and the payment of liquidated damages;
the nature of our contracts, particularly fixed-price contracts, and the impact of
possible misestimates and/or cost escalations associated with our contracts;
ability of our customers to unilaterally terminate our contracts;
our ability to collect funds on work performed for domestic and foreign government
agencies and private sector customers that are facing financial challenges;
delays and/or defaults in customer payments;
unexpected adjustments and cancellations to our backlog as a result of current economic
conditions or otherwise;
the failure to meet schedule or performance requirements of our contracts;
our dependence on one or a few significant customers, partners, subcontractors and
equipment manufacturers;
potential contractual and operational costs related to our environmental and
infrastructure operations;
risks associated with our integrated environmental solutions businesses;
reputation and financial exposure due to the failure of our partners to perform their
contractual obligations;
the presence of competitors with greater financial resources and the impact of
competitive technology, products, services and pricing;
weakness in our stock price might indicate a decline in our fair value requiring us to
further evaluate whether our goodwill has been impaired;
the inability to attract and retain qualified personnel, including key members of our
management;
Table of Contents
work stoppages and other labor problems including union contracts up for collective
bargaining;
potential professional liability, product liability, warranty and other potential claims,
which may not be covered by insurance;
unavoidable delays in our project execution due to weather conditions, including
hurricanes and other natural disasters;
changes in environmental factors and laws and regulations that could increase our costs
and liabilities and affect the demand for our services;
the limitation or modification of the Price-Anderson Acts indemnification authority;
our dependence on technology in our operations and the possible impact of system and
information technology interruptions;
protection and validity of patents and other intellectual property rights;
risks related to our Investment in Westinghouse;
changes in the estimates and assumptions we use to prepare our financial statements;
our use of the percentage-of-completion accounting method;
changes in our liquidity position and/or our ability to maintain or increase our letters
of credit and surety bonds or other means of credit support of projects;
our ability to obtain waivers or amendments with our lenders or sureties or to
collateralize letters of credit or surety bonds upon non-compliance with covenants in our
credit facility or surety indemnity agreements;
covenants in our Restated Credit Agreement that restrict our ability to pursue our
business strategies;
our indebtedness, which could adversely affect our financial condition and impair our
ability to fulfill our obligations under our credit facility;
outcomes of pending and future litigation and regulatory actions;
downgrades of our debt securities by rating agencies;
foreign currency fluctuations;
our ability to successfully identify, integrate and complete acquisitions;
liabilities arising from multi-employer plans entered into by any of our subsidiaries;
a determination to write-off a significant amount of intangible assets or long-lived
assets;
changes in the political and economic conditions of the foreign countries where we
operate;
significant changes in the market price of our equity securities;
provisions in our articles of incorporation, by-laws and shareholder rights agreement
that could make it more difficult to acquire us and may reduce the market price of our
common stock;
the ability of our customers to obtain financing to fund their projects;
the ability of our customers to receive or the possibility of our customers being delayed
in receiving the applicable regulatory and environmental approvals, particularly with
projects in our Fossil, Renewables & Nuclear segment; and
the U.S. administrations support of the nuclear power option and loan guarantee program.
Table of Contents
Fossil, Renewables & Nuclear
Maintenance
Environmental & Infrastructure (E&I)
Energy & Chemicals (E&C)
Fabrication & Manufacturing (F&M)
Investment in Westinghouse
Corporate
Table of Contents
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Table of Contents
(dollars in millions)
November 30, 2009
November 30, 2008
$ Change
% Change
$
1,858.5
$
1,900.4
$
(41.9
)
(2.2
)%
(dollars in millions)
November 30, 2009
November 30, 2008
$ Change
% Change
$
154.7
$
188.1
$
(33.4
)
(17.8
)%
(dollars in millions)
November 30, 2009
November 30, 2008
$ Change
% Change
$
75.8
$
73.1
$
2.7
3.7
%
(dollars in millions)
November 30, 2009
November 30, 2008
$ Change
% Change
$
10.4
$
11.6
$
(1.2
)
(10.3
)%
(dollars in millions)
November 30, 2009
November 30, 2008
$ Change
% Change
$
(11.2
)
$
(22.7
)
$
11.5
50.7
%
Table of Contents
(dollars in millions)
November 30, 2009
November 30, 2008
$ Change
%
Change
$
(0.2
)
$
1.4
$
(1.6
)
(114.3
)%
(dollars in millions)
November 30, 2009
November 30, 2008
$ Change
% Change
$
(16.1
)
$
(34.1
)
$
18.0
52.8
%
Three Months Ended
2009
2008
$ Change
% Change
$
579.5
$
676.6
$
(97.1
)
(14.4
)%
293.4
334.1
(40.7
)
(12.2
)
528.3
401.4
126.9
31.6
339.3
321.7
17.6
5.5
117.9
164.7
(46.8
)
(28.4
)
0.1
1.9
(1.8
)
NM
$
1,858.5
$
1,900.4
$
(41.9
)
(2.2
)%
$
33.0
$
51.8
$
(18.8
)
(36.3
)%
20.2
11.7
8.5
72.6
47.5
34.5
13.0
37.7
34.2
52.4
(18.2
)
(34.7
)
20.7
35.7
(15.0
)
(42.0
)
(0.9
)
2.0
(2.9
)
NM
$
154.7
$
188.1
$
(33.4
)
(17.8
)%
5.7
%
7.7
%
6.9
3.5
9.0
8.6
10.1
16.3
17.6
21.7
NM
NM
8.3
%
9.9
%
Table of Contents
Three Months Ended
2009
2008
$ Change
% Change
$
18.4
$
35.9
$
(17.5
)
(48.7
)%
17.5
8.3
9.2
110.8
30.4
18.6
11.8
63.4
22.2
41.8
(19.6
)
(46.9
)
12.6
30.4
(17.8
)
(58.6
)
(111.7
)
(171.2
)
59.5
34.8
(16.5
)
(22.0
)
5.5
NM
$
(27.1
)
$
(58.2
)
$
31.1
53.4
%
NM
Not Meaningful.
Three Months Ended
2009
2008
(In Millions)
%
(In Millions)
%
$
1,455.5
78
%
$
1,525.1
80
%
269.0
15
204.8
11
92.7
5
107.1
6
3.6
5.8
25.1
1
35.2
2
3.5
16.6
1
9.1
1
5.8
$
1,858.5
100
%
$
1,900.4
100
%
Table of Contents
Table of Contents
Table of Contents
Three Months Ended
(dollars in millions)
2009
2008
$
(9.3
)
$
(9.9
)
(102.3
)
(161.2
)
(0.1
)
(0.1
)
$
(111.7
)
$
(171.2
)
Table of Contents
Table of Contents
Table of Contents
Less Than
Commercial Commitments (1)
Total
1 Year
1-3 Years
3-5 Years
After 5 Years
$
754.0
$
348.5
$
164.7
$
185.3
$
55.5
744.9
578.9
141.1
24.9
$
1,498.9
$
927.4
$
305.8
$
210.2
$
55.5
(1)
Commercial Commitments above exclude any letters of credit or surety bonding obligations
associated with outstanding bids or proposals or other work not awarded prior to December 1,
2009.
Table of Contents
Table of Contents
November 30, 2009
August 31, 2009
By Segment
(In Millions)
%
(In Millions)
%
$
12,295.5
55
$
12,795.1
56
1,716.5
8
1,808.1
8
5,462.6
25
5,439.0
24
1,086.3
5
1,298.6
6
1,480.8
7
1,374.8
6
$
22,041.7
100
%
$
22,715.6
100
%
November 30, 2009
August 31, 2009
By Industry
(In Millions)
%
(In Millions)
%
$
5,462.6
25
$
5,439.0
24
15,007.0
68
15,478.1
68
1,542.5
6
1,761.1
7
29.6
1
37.4
1
$
22,041.7
100
%
$
22,715.6
100
%
November 30, 2009
August 31, 2009
By Geographic Region
(In Millions)
%
(In Millions)
%
$
20,559.8
93
$
20,978.2
92
1,481.9
7
1,737.4
8
$
22,041.7
100
%
$
22,715.6
100
%
Table of Contents
Table of Contents
49
50
51
52
53
54
55
56
57
58
Table of Contents
SEC File or
Exhibit
Exhibit
Report or Registration
Registration
or Other
Number
Document Description
Statement
Number
Reference
2.1
The Shaw Group Inc. Current Report on
Form 8-K filed on October 18, 2006
1-12227
2.01
2.2
The Shaw Group Inc. Current Report on
Form 8-K filed on October 18, 2006
1-12227
2.02
3.1
The Shaw Group Inc. Annual Report on
Form 10-K/A (Amendment No. 1) for the
fiscal year ended August 31, 2006
1-12227
3.1
3.2
The Shaw Group Inc. Annual Report on
Form 10-K/A (Amendment No. 1) for the
fiscal year ended August 31, 2006
1-12227
3.2
4.1
The Shaw Group Inc. Annual Report on
Form 10-K for the fiscal year ended
August 31, 2007
1-12227
4.1
4.2
The Shaw Group Inc. Registration
Statement on Form 8-A filed on July
30, 2001
1-12227
99.1
4.3
*10.1
The Shaw Group Inc. on Quarterly
Report on Form 10-Q for the period
February 28, 2009
1-12227
10.8
*10.2
The Shaw Group Inc. on Quarterly
Report on Form 10-Q for the period
February 28, 2009
1-12227
10.9
*10.3
The Shaw Group Inc. on Quarterly
Report on Form 10-Q for the period
February 28, 2009
1-12227
10.18
*10.4
The Shaw Group Inc. on Quarterly
Report on Form 10-Q for the period
February 28, 2009
1-12227
10.19
Table of Contents
SEC File or
Exhibit
Exhibit
Report or Registration
Registration
or Other
Number
Document Description
Statement
Number
Reference
*10.5
The Shaw Group Inc. Quarterly Report
on Form 10-Q for the quarter ended
November 30, 2007
1-12227
10.4
*10.6
The Shaw Group Inc. Quarterly Report
on Form 10-Q for the quarter ended
May 31, 2006
1-12227
10.6
*10.7
The Shaw Group Inc. Quarterly Report
on Form 10-Q for the quarter ended
May 31, 2006
1-12227
10.5
*10.8
The Shaw Group Inc. Current Report on
Form 8-K filed on October 12, 2004
1-12227
10.3
*10.9
The Shaw Group Inc. Quarterly Report
on Form 10-Q for the quarter ended
November 30, 2007
1-12227
10.6
*10.10
The Shaw Group Inc. Registration
Statement on Form S-8 filed on June
12, 2001
333-62856
4.6
*10.11
The Shaw Group Inc. Annual Report on
Form 10-K for the fiscal year ended
August 31, 2001
1-12227
10.1
*10.12
The Shaw Group Inc. Quarterly Report
on Form 10-Q for the quarter ended
November 30, 2007
1-12227
10.5
*10.13
The Shaw Group Inc. Current Report on
Form 8-K filed on January 31, 2006
1-12227
10.2
*10.14
The Shaw Group Inc. Quarterly Report
on Form 10-Q for the quarter ended
May 31, 2006
1-12227
10.8
*10.15
The Shaw Group Inc. Proxy Statement
for the 2009 Annual Meeting of
Shareholders contained in The Shaw
Group Inc.s Schedule 14A filed on
December 24, 2008
1-12227
(Contained at pages
12 to 15 in the
2009 Proxy
Statement)
Table of Contents
SEC File or
Exhibit
Exhibit
Report or Registration
Registration
or Other
Number
Document Description
Statement
Number
Reference
*10.16
certain executive officers
The Shaw Group Inc. Current Report on
Form 8-K filed on November 1, 2004
1-12227
Description
contained under
Item 1.01 of the
referenced Form 8-K
*10.17
The Shaw Group Inc. Current Report on
Form 8-K filed on March 3, 2006
1-12227
10.1
*10.18
The Shaw Group Inc. Proxy Statement
for the 2009 Annual Meeting of
Shareholders contained in The Shaw
Group Inc.s Schedule 14A filed on
December 24, 2008
1-12227
(Contained at pages
30 to 80 in the
2009 Proxy
Statement)
*10.19
The Shaw Group Inc. Current Report on
Form 8-K filed on January 7, 2009
1-12227
10.1
*10.20
The Shaw Group Inc. Current Report on
Form 8-K filed on December 24, 2008
1-12227
10.1
*10.21
The Shaw Group Inc. Annual Report on
Form 10-K for the fiscal year ended
August 31, 2007
1-12227
10.34
*10.22
The Shaw Group Inc. Current Report on
Form 8-K filed on January 7, 2009
1-12227
10.2
*10.23
The Shaw Group Inc. Quarterly Report
on Form 10-Q for the quarter ended
February 28, 2009
1-12227
10.13
*10.24
The Shaw Group Inc. Quarterly Report
on Form 10-Q for the quarter ended
May 31, 2009
1-12227
10.20
*10.25
The Shaw Group Inc. Current Report on
Form 8-K filed December 24, 2003
1-12227
99.1
*10.26
The Shaw Group Inc. Current Report on
Form 8-K filed on January 12, 2005
1-12227
10.1
*10.27
The Shaw Group Inc. Current Report on
Form 8-K filed on March 17, 2008
1-12227
10.1
Table of Contents
SEC File or
Exhibit
Exhibit
Report or Registration
Registration
or Other
Number
Document Description
Statement
Number
Reference
*10.28
The Shaw Group Inc. Current Report on
Form 8-K filed on December 21, 2007
1-12227
10.1
*10.29
The Shaw Group Inc. Quarterly Report
1-12227
10.16
on Form 10-Q for the quarter ended
February 28, 2009
*10.30
The Shaw Group Inc. Quarterly Report
on Form 10-Q for the quarter ended
February 28, 2009
1-12227
10.12
*10.31
The Shaw Group Inc. Registration
Statement on Form S-8 filed on May 4,
2004
333-115155
4.6
*10.32
The Shaw Group Inc. Registration
Statement on Form S-8 filed on May 4,
2004
333-115155
4.6
*10.33
Compensation Plan
The Shaw Group Inc. Quarterly Report
on Form 10-Q for the quarter ended
February 28, 2009
1-12227
10.10
*10.34
The Shaw Group Inc. Quarterly Report
on Form 10-Q for the quarter ended
February 28, 2009
1-12227
10.11
*10.35
The Shaw Group Inc. Quarterly Report
on Form 10-Q for the quarter ended
February 28, 2007
1-12227
10.6
10.36
The Shaw Group Inc. Current Report on
Form 8-K filed on July 28, 2000
1-12227
2.1
10.37
The Shaw Group Inc. Current Report on
Form 8-K filed on May 16, 2002
1-12227
2.1
Table of Contents
SEC File or
Exhibit
Exhibit
Report or Registration
Registration
or Other
Number
Document Description
Statement
Number
Reference
10.38
The Shaw Group Inc. Current Report on
Form 8-K filed on May 16, 2002
1-12227
2.2
10.39
The Shaw Group Inc. Current Report on
Form 8-K filed on May 16, 2002
1-12227
2.3
10.40
The Shaw Group Inc. Current Report on
Form 8-K filed on April 28, 2005
1-12227
10.1
10.41
The Shaw Group Inc. Current Report on
Form 8-K filed on October 4, 2005
1-12227
10.1
10.42
The Shaw Group Inc. Current Report on
Form 8-K filed on February 28, 2006
1-12227
10.1
10.43
The Shaw Group Inc. Annual Report on
Form 10-K for the fiscal year ended
August 31, 2006
1-12227
10.38
Table of Contents
SEC File or
Exhibit
Exhibit
Report or Registration
Registration
or Other
Number
Document Description
Statement
Number
Reference
10.44
The Shaw Group Inc. Current Report on
Form 8-K filed on October 18, 2006
1-12227
10.1
10.45
The Shaw Group Inc. Current Report on
Form 8-K filed on January 18, 2007
1-12227
10.1
10.46
The Shaw Group Inc. Current Report on
Form 8-K filed on March 19, 2007
1-12227
10.1
10.47
The Shaw Group Inc. Current Report on
Form 8-K filed on April 17, 2007
1-12227
10.1
10.48
The Shaw Group Inc. Current Report on
Form 8-K filed on July 16, 200
1-12227
10.1
10.49
The Shaw Group Inc. Current Report on
Form 8-K filed on September 6, 2007
1-12227
10.1
Table of Contents
SEC File or
Exhibit
Exhibit
Report or Registration
Registration
or Other
Number
Document Description
Statement
Number
Reference
10.50
The Shaw Group Inc. Current Report on
Form 8-K filed on November 30, 2007
1-12227
10.1
10.51
The Shaw Group Inc. Current Report on
Form 8-K filed on January 18, 2008
1-12227
10.1
10.52
The Shaw Group Inc. Current Report on
Form 8-K filed on January 6, 2009
1-12227
10.1
10.53
The Shaw Group Inc. Current Report on
Form 8-K filed on October 18, 2006
1-12227
10.2
10.54
The Shaw Group Inc. Current Report on
Form 8-K filed on October 18, 2006
1-12227
10.3
10.55
The Shaw Group Inc. Current Report on
Form 8-K filed on October 18, 2006
1-12227
10.4
10.56
The Shaw Group Inc. Current Report on
Form 8-K filed on October 18, 2006
1-12227
10.5
10.57
The Shaw Group Inc. Current Report on
Form 8-K filed on October 18, 2006
1-12227
10.6
Table of Contents
SEC File or
Exhibit
Exhibit
Report or Registration
Registration
or Other
Number
Document Description
Statement
Number
Reference
10.58
The Shaw Group Inc. Current Report on
Form 8-K filed on October 18, 2006
1-12227
10.7
10.59
The Shaw Group Inc. Current Report on
Form 8-K filed on October 18, 2006
1-12227
10.8
10.60
The Shaw Group Inc. Current Report on
Form 8-K filed on October 18, 2006
1-12227
10.9
10.61
The Shaw Group Inc. Current Report on
Form 8-K filed on October 18, 2006
1-12227
10.10
10.62
The Shaw Group Inc. Current Report on
Form 8-K filed on October 18, 2006
1-12227
10.11
10.63
The Shaw Group Inc. Current Report on
Form 8-K filed on October 18, 2006
1-12227
10.12
10.64
The Shaw Group Inc. Current Report on
Form 8-K filed on September 25, 2009
1-12227
10.1
10.65
1-12227
*10.66
1-12227
*10.67
1-12227
*10.68
1-12227
Table of Contents
SEC File or
Exhibit
Exhibit
Report or Registration
Registration
or Other
Number
Document Description
Statement
Number
Reference
*10.69
1-12227
*10.70
1-12227
31.1
31.2
32.1
32.2
Table of Contents
59
THE SHAW GROUP INC.
Dated: January 6, 2010
/s/ Brian K. Ferraioli
Brian K. Ferraioli
Chief Financial Officer
(Duly Authorized Officer and Principal Financial Officer)
Page 2 of 26
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Page 25 of 26
THE SHAW GROUP INC.
|
||||
By: | /s/ J.M. Bernhard, Jr. | |||
J.M. Bernhard, Jr., Chairman of the Board, | ||||
President and Chief Executive Officer |
EMPLOYEE: | ||||
|
||||
Name:
|
||||
|
|
|||
|
Executive Vice President, General Counsel and Corporate Secretary |
Page 26 of 26
Cumulative Percentage of Restricted Stock | ||||
On or after each of the following dates | Units Vested | |||
[Insert 1
st
Vesting Date]
|
25 | % | ||
[Insert 2
nd
Vesting Date]
|
50 | % | ||
[Insert 3
rd
Vesting Date]
|
75 | % | ||
[Insert 4
th
Vesting Date]
|
100 | % |
1 |
This form is for Section 16 Officers only.
|
|
2 |
The date on which the Restricted Stock Units evidenced hereby were
granted.
|
2
|
COMPANY: | |
|
||
|
THE SHAW GROUP INC. | |
|
||
|
/s/ Dirk J. Wild | |
|
||
|
Dirk J. Wild | |
|
Senior Vice President and | |
|
Chief Human Resources Officer | |
|
||
|
RECIPIENT: | |
|
||
|
||
|
[Insert Recipients Name] |
3
On or after each of the following dates | Number of Shares that may be | |||
(each a Vesting Date) | Purchased | |||
[Insert 1
st
Vesting Date]
|
[# of shares] | |||
[Insert 2
nd
Vesting Date]
|
[# of shares] | |||
[Insert 3
rd
Vesting Date]
|
[# of shares] | |||
[Insert 4
th
Vesting Date]
|
[# of shares] |
1 |
This form is for use for all employees, other than Section 16
Officers, who are also being granted Non-Qualified Stock Options at the time of
this grant.
|
|
2 |
The date on which the Option evidenced hereby was granted.
|
|
3 |
The Fair Market Value per share on the Grant Date.
|
- 2 -
- 3 -
|
COMPANY: | |
|
||
|
THE SHAW GROUP INC. | |
|
||
|
/s/ Dirk J. Wild | |
|
||
|
Dirk J. Wild | |
|
Senior Vice President and | |
|
Chief Human Resources Officer | |
|
||
|
RECIPIENT: | |
|
||
|
||
|
[Insert Recipients Name] |
- 4 -
On or after each of the following dates | Number of Shares that may be | |||
(each a Vesting Date) | Purchased | |||
[Insert 1
st
Vesting Date]
|
[# of shares] | |||
[Insert 2
nd
Vesting Date]
|
[# of shares] | |||
[Insert 3
rd
Vesting Date]
|
[# of shares] | |||
[Insert 4
th
Vesting Date]
|
[# of shares] |
1 |
This form is for all employees other than Section 16 Officers.
|
|
2 |
The date on which the Option evidenced hereby was granted.
|
|
3 |
The Fair Market Value per share on the Grant Date.
|
- 2 -
- 3 -
|
COMPANY: | |
|
||
|
THE SHAW GROUP INC. | |
|
||
|
/s/ Dirk J. Wild | |
|
||
|
Dirk J. Wild | |
|
Senior Vice President and | |
|
Chief Human Resources Officer | |
|
||
|
RECIPIENT: | |
|
||
|
||
|
[Insert Recipients Name] |
- 4 -
Cumulative Percentage of Restricted Stock | ||||
On or after each of the following dates | Units Vested | |||
[Insert 1
st
Vesting Date]
|
25 | % | ||
[Insert 2
nd
Vesting Date]
|
50 | % | ||
[Insert 3
rd
Vesting Date]
|
75 | % | ||
[Insert 4
th
Vesting Date]
|
100 | % |
1 |
This form is for use for all employees other than Section 16
Officers.
|
|
2 |
The date on which the Restricted Stock Units evidenced hereby were
granted.
|
2
|
COMPANY: | |||
|
||||
|
THE SHAW GROUP INC. | |||
|
||||
|
/s/ Dirk J. Wild | |||
|
|
|||
|
Senior Vice President and | |||
|
Chief Human Resources Officer | |||
|
||||
|
RECIPIENT: | |||
|
||||
|
||||
|
[Insert Recipients Name] |
3
On or after each of the following dates | Cumulative Percentage of Restricted Stock Units Vested | |
[Insert 1 st Vesting Date] | 25% | |
[Insert 2 nd Vesting Date] | 50% | |
[Insert 3 rd Vesting Date] | 75% | |
[Insert 4 th Vesting Date] | 100% |
(i) |
the death of the Recipient; and
|
||
(ii) |
the Disability of the Recipient.
|
1 |
This form is for use for all Canadian employees other than Section
16 Officers.
|
|
2 |
The date on which the Restricted Stock Units evidenced hereby were
granted.
|
2
COMPANY:
THE SHAW GROUP INC. |
||||
/ s / Dirk J. Wild | ||||
Dirk J. Wild
Senior Vice President and Chief Human Resources Officer |
||||
RECIPIENT:
|
||||
[Insert Recipient's Name] | ||||
3
Dated: January 6, 2010 | /s/J.M. Bernhard, Jr. | |||
Chief Executive Officer | ||||
Dated: January 6, 2010 | /s/ Brian K. Ferraioli | |||
Chief Financial Officer | ||||
Dated: January 6, 2010 | /s/J.M. Bernhard, Jr. | |||
Chief Executive Officer | ||||
Dated: January 6, 2010 | /s/ Brian K. Ferraioli | |||
Chief Financial Officer | ||||