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PART฀IV
ITEM฀15.฀EXHIBITS,฀FINANCIAL฀STATEMENT฀SCHEDULES
(a)฀ List฀of฀Documents฀filed฀as฀part฀of฀this฀Report
(1)฀ Financial฀Statements฀
All฀financial฀statements฀of฀the฀Registrant฀as฀set฀forth฀under฀Item฀8฀of฀this฀Annual฀Report฀on฀Form฀10-K.
(2)฀ Financial฀Statement฀Schedules฀
Schedule฀II฀–฀Valuation฀and฀Qualifying฀Accounts
(3)฀ Exhibits฀
Each฀exhibit฀identified฀below฀is฀filed฀as฀a฀part฀of฀this฀report.฀Exhibits฀designated฀with฀an฀“*”฀are฀filed฀as฀an฀exhibit฀to฀this฀
Annual฀Report฀on฀Form฀10-K.฀Exhibits฀designated฀with฀a฀“+”฀are฀identified฀as฀management฀contracts฀or฀compensatory฀
plans฀or฀arrangements.฀Exhibits฀previously฀filed฀as฀indicated฀below฀are฀incorporated฀by฀reference.
3.1฀ Restated฀Certificate฀of฀Incorporation฀(filed฀as฀Exhibit฀3.1฀to฀Quarterly฀Report฀of฀Baker฀Hughes฀Incorporated฀on฀
Form฀10-Q฀for฀the฀quarter฀ended฀June฀30,฀2002).
3.2฀ Bylaws฀of฀Baker฀Hughes฀Incorporated฀restated฀as฀of฀October฀22,฀2003฀(filed฀as฀Exhibit฀3.1฀to฀Quarterly฀Report฀of฀
Baker฀Hughes฀Incorporated฀on฀Form฀10-Q฀for฀the฀quarter฀ended฀September฀30,฀2003).
4.1฀ Rights฀of฀Holders฀of฀the฀Company’s฀Long-Term฀Debt.฀The฀Company฀has฀no฀long-term฀debt฀instrument฀with฀regard฀
to฀which฀the฀securities฀authorized฀thereunder฀equal฀or฀exceed฀10%฀of฀the฀total฀assets฀of฀the฀Company฀and฀its฀
subsidiaries฀on฀a฀consolidated฀basis.฀The฀Company฀agrees฀to฀furnish฀a฀copy฀of฀its฀long-term฀debt฀instruments฀to฀
the฀SEC฀upon฀request.
4.2฀ Restated฀Certificate฀of฀Incorporation฀(filed฀as฀Exhibit฀3.1฀to฀Quarterly฀Report฀of฀Baker฀Hughes฀Incorporated฀on฀
Form฀10-Q฀for฀the฀quarter฀ended฀June฀30,฀2002).
4.3฀ Bylaws฀of฀Baker฀Hughes฀Incorporated฀restated฀as฀of฀October฀31,฀2003฀(filed฀as฀Exhibit฀3.1฀to฀Quarterly฀Report฀of฀
Baker฀Hughes฀Incorporated฀on฀Form฀10-Q฀for฀the฀quarter฀ended฀September฀30,฀2003).
4.4*฀ Indenture฀dated฀as฀of฀May฀15,฀1994฀between฀Western฀Atlas฀Inc.฀and฀The฀Bank฀of฀New฀York,฀Trustee,฀providing฀for฀
the฀issuance฀of฀securities฀in฀series.฀
10.1+฀ Employment฀Agreement฀by฀and฀between฀Baker฀Hughes฀Incorporated฀and฀Chad฀C.฀Deaton฀dated฀as฀of฀October฀25,฀
2004฀(filed฀as฀Exhibit฀10.3฀to฀Current฀Report฀of฀Baker฀Hughes฀Incorporated฀on฀Form฀8-K฀filed฀October฀7,฀2004).
10.2+฀ Change฀in฀Control฀Agreement฀between฀Baker฀Hughes฀Incorporated฀and฀Chad฀C.฀Deaton฀dated฀as฀of฀October฀25,฀2004฀
(filed฀as฀Exhibit฀10.2฀to฀Current฀Report฀of฀Baker฀Hughes฀Incorporated฀on฀Form฀8-K฀filed฀October฀7,฀2004).
10.3+฀ Indemnification฀Agreement฀dated฀as฀of฀October฀25,฀2004฀between฀Baker฀Hughes฀Incorporated฀and฀Chad฀C.฀Dea-
ton฀(filed฀as฀Exhibit฀10.1฀to฀Current฀Report฀of฀Baker฀Hughes฀Incorporated฀on฀Form฀8-K฀filed฀on฀October฀7,฀2004).
10.4+฀ Stock฀Option฀Agreement฀issued฀to฀Chad฀C.฀Deaton฀on฀October฀25,฀2004฀in฀the฀amount฀of฀75,000฀shares฀of฀Com-
pany฀Common฀Stock฀(filed฀as฀Exhibit฀10.4฀to฀Quarterly฀Report฀of฀Baker฀Hughes฀Incorporated฀on฀Form฀10-Q฀for฀the฀
quarter฀ended฀September฀30,฀2004).
10.5+฀ Agreement฀regarding฀restricted฀stock฀award฀issued฀to฀Chad฀C.฀Deaton฀on฀October฀25,฀2004฀in฀the฀amount฀of฀
80,000฀shares฀of฀Company฀Common฀Stock฀(filed฀as฀Exhibit฀10.5฀to฀Quarterly฀Report฀of฀Baker฀Hughes฀Incorporated฀
on฀Form฀10-Q฀for฀the฀quarter฀ended฀September฀30,฀2004).
10.6+฀ Agreement฀regarding฀restricted฀stock฀award฀issued฀to฀James฀R.฀Clark฀on฀October฀27,฀2004฀in฀the฀amount฀of฀
40,000฀shares฀of฀Baker฀Hughes฀Incorporated฀Common฀Stock฀(filed฀as฀Exhibit฀10.7฀to฀Quarterly฀Report฀of฀Baker฀
Hughes฀Incorporated฀on฀Form฀10-Q฀for฀the฀quarter฀ended฀September฀30,฀2004).
Common฀Stock฀on฀the฀last฀day฀of฀the฀quarter.฀The฀number฀of฀
shares฀to฀be฀issued฀for฀the฀discounted฀stock฀option฀deferral฀is฀
calculated฀on฀a฀quarterly฀basis฀by฀dividing฀the฀deferred฀com-
pensation฀by฀the฀discounted฀price฀of฀our฀Common฀Stock฀on฀
the฀last฀day฀of฀the฀quarter.฀The฀discounted฀price฀is฀50%฀of฀
the฀fair฀market฀value฀of฀our฀Common฀Stock฀on฀the฀valuation฀
date.฀Stock฀options฀granted฀under฀the฀Deferral฀Plan฀vest฀on฀
the฀first฀anniversary฀of฀the฀date฀of฀grant฀and฀must฀be฀exer-
cised฀within฀10฀years฀of฀the฀date฀of฀grant.฀If฀a฀director’s฀direc-
torship฀terminates฀for฀any฀reason,฀any฀options฀outstanding฀
will฀expire฀3฀years฀after฀the฀termination฀of฀the฀directorship.฀
The฀maximum฀aggregate฀number฀of฀shares฀of฀our฀Common฀
Stock฀that฀may฀be฀issued฀under฀the฀Deferral฀Plan฀is฀0.5฀mil-
lion.฀As฀of฀December฀31,฀2004,฀options฀covering฀7,071฀shares฀
of฀our฀Common฀Stock฀were฀outstanding฀under฀the฀Defer-
ral฀Plan,฀no฀options฀were฀exercised฀during฀fiscal฀2004฀and฀
approximately฀0.5฀million฀shares฀remained฀available฀for฀
future฀options.
ITEM฀13.฀CERTAIN฀RELATIONSHIPS฀AND฀฀
RELATED฀TRANSACTIONS
None.
ITEM฀14.฀PRINCIPAL฀ACCOUNTING฀FEES฀AND฀SERVICES
Information฀concerning฀principal฀accounting฀fees฀and฀ser-
vices฀is฀set฀forth฀in฀the฀section฀entitled฀“Fees฀Paid฀to฀Deloitte฀&฀
Touche฀LLP”฀in฀our฀Proxy฀Statement,฀which฀section฀is฀incorpo-
rated฀herein฀by฀reference.
68฀฀฀฀฀Baker฀Hughes฀Incorporated