Officers.


(e)   Approval of Base Salary Increases
     On December 4, 2008, the Compensation Committee of the Board of Directors
of Superior Energy Services, Inc. (the "Company") approved increases to the base
salaries of the Company's named executive officers (as that term is defined in
Item 402(a)(3) of Regulation S-K) effective January 1, 2009. The adjusted base
salaries of the named executive officers will be as follows:

         Recipient                         Title                    Salary
         Terence E. Hall     Chairman, Chief Executive Officer    $ 825,000
         Kenneth Blanchard   Chief Operating Officer, President   $ 490,000
         Robert S. Taylor    Chief Financial Officer, Executive   $ 400,000
                               Vice President, Treasurer
         Alan P. Bernard     Senior Executive Vice President      $ 365,000

Approval of 2009 Long-Term Incentive Awards On December 4, 2008, the Compensation Committee granted long-term incentive awards for 2009 to each of the Company's named executive officers and other key employees of the Company under its stockholder approved 2005 Stock Incentive Plan (the "Plan"). These awards consisted of performance share units ("Units"), non-qualified stock options and shares of restricted stock.
The Units allow participants to earn from $0 to $200 per Unit, as determined by the Company's achievement of certain performance measures. The two performance measures applicable to all participants are the Company's return on invested capital and total shareholder return relative to those of the Company's pre-defined "peer group." The performance period for the Units runs from January 1, 2009 through December 31, 2011. The Units provide for settlement in cash or up to 50% in equivalent value in Company common stock, if the participant has met specified continued service requirements.
The non-qualified stock options grant the optionee the right to purchase a stated number of shares of the Company's common stock at an exercise price of $12.86 per share, which represents the fair market value of the Company's common stock based on the closing price of the Company's common stock on December 4, 2008. These options will be exercisable in equal annual installments beginning on December 31, 2009 for three consecutive years, and will expire on the tenth anniversary of the date of grant.
The restricted stock entitles the holder to all rights of a shareholder of the Company with respect to the restricted stock, including the right to vote the shares and receive all dividends and other distributions declared thereon. The restrictions on the shares of restricted stock will lapse in equal annual installments beginning on January 1, 2010 for three consecutive years.

Awards of the Units, non-qualified stock options and shares of restricted stock to the Company's named executive officers were granted in the following amounts:

                               Performance     Non-Qualified         Shares of
         Recipient             Share Units     Stock Options      Restricted Stock
         Terence E. Hall        16,500.00            135,914               64,152
         Kenneth Blanchard       6,737.50             55,498               26,196
         Robert S. Taylor        5,000.00             41,186               19,440
         A. Patrick Bernard      4,106.25             33,824               15,965

Amendments to Outstanding Stock Options On December 4, 2008, the Compensation Committee also approved amendments to all outstanding stock option awards granted under the Company stock incentive plans to (i) provide immediate vesting of the stock options upon a recipient's termination of employment due to death and disability, and, if approved by the Committee, upon retirement and termination of employment by the Company without cause, (ii) make the period during which stock options can be exercised following termination of employment due to death, disability and retirement consistent among all option agreements by providing that the recipient has until the end of the original term of the stock stock option to exercise, and
(iii) extend the time during which the stock option may be exercised following a termination by the Company without cause or a termination without cause within one year following a change of control to five years following the termination, but in no event later than ten years following the date of grant.