This excerpt taken from the EOG DEF 14A filed Apr 4, 2008.
Other Stock-Based Awards
Under the 2008 Plan, the Compensation Committee may also grant other types of equity-based or equity-related awards not otherwise expressly contemplated by the 2008 Plan in such amounts, and subject to such terms and conditions, as the Compensation Committee shall determine. Such awards may be designed to comply with or take advantage of the applicable laws of jurisdictions other than the United States.
Each other stock-based award will be expressed in terms of shares of our Common Stock or units based on shares of our Common Stock, as determined by the Compensation Committee. The Compensation Committee also may establish performance goals relating to other stock-based awards. If the Compensation Committee decides to establish performance goals, the number and/or value of such other stock-based awards that will be paid out to the holder will depend on the extent to which such performance goals are met.
Payment with respect to an other stock-based award may be made in shares of our Common Stock or cash, as determined by the Compensation Committee.
The Compensation Committee will determine the extent to which a holders rights under an other stock-based award will be affected by the holders termination of employment or other separation from service with EOG.
Other terms and conditions applicable to other stock-based awards may be determined by the Compensation Committee at the time of grant.