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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

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<P align="center" style="font-size: 10pt">As filed with the
Securities and Exchange Commission on December 16, 2004



<P align="right" style="font-size: 10pt">Registration No.&nbsp;333-________


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<P align="center" style="font-size: 14pt"><B>SECURITIES AND EXCHANGE COMMISSION</B>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>


<P align="center" style="font-size: 10pt"><HR align="center" size="1" noshade width="25%">


<P align="center" style="font-size: 18pt"><B>Form&nbsp;S-8</B>


<P align="center" style="font-size: 10pt"><B>REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</B>



<P align="center" style="font-size: 10pt"><HR align="center" size="1" noshade width="25%">


<P align="center" style="font-size: 24pt"><B>GRANT PRIDECO, INC.</B>

<DIV align="center" style="font-size: 10pt">(Exact name of registrant as specified in its charter)</DIV>


<DIV align="center">
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<TR valign="bottom">
    <TD align="center" valign="top"><B>Delaware</B><BR>
(State or other jurisdiction of incorporation<BR>
or organization)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>76-0312499</B><BR>
(I.R.S. Employer<BR>
Identification No.)</TD>
</TR>


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<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">

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    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
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<TR valign="bottom">
    <TD align="center" valign="top"><B>400 North Sam Houston Pkwy East, Suite&nbsp;900</B><BR>
(Address of Principal Executive Officer)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>77060</B><BR>
(Zip Code)</TD>
</TR>


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<P align="center" style="font-size: 10pt"><B>Grant Prideco, Inc. Employee Stock Purchase Plan</B><BR>
(Full title of the plans)



<P align="center" style="font-size: 10pt"><HR align="center" size="1" noshade width="25%">



<P align="center" style="font-size: 10pt"><B>Grant Prideco, Inc.<BR>
400 North Sam Houston Pkwy East, Suite&nbsp;900</B><BR>
(Name and address of agent for service)



<P align="center" style="font-size: 10pt"><B>(281)&nbsp;878-5603</B><BR>
(Telephone number, including area code, of agent for service)



<P align="center" style="font-size: 10pt"><I>With a copy to:</I><BR>
<B>Philip A. Choyce<BR>
Vice President and General Counsel<BR>
400 North Sam Houston Pkwy East, Suite&nbsp;900<BR>
(281)&nbsp;878-5603</B>



<P align="center" style="font-size: 10pt"><HR align="center" size="1" noshade width="25%">


<DIV align="center" style="font-size: 10pt"><B>Calculation of Registration Fee</B></DIV>


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    <TD width="11%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>
</TR><TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="15" style="border-bottom: 3px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="left"><B>Title of securities</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Proposed maximum</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Proposed maximum</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Amount of</B></TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="left"><B>to be registered</B><HR size="1" noshade></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Amount to be registered</B><HR size="1" noshade></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>offering price per share (1)</B><HR size="1" noshade></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>aggregate offering price (1)</B><HR size="1" noshade></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>registration fee</B><HR size="1" noshade></TD>
    <TD width="1%">&nbsp;</TD>
</TR>


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    <TD width="1%" style="border-top: 1px solid #000000">&nbsp;</TD>
                    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">Common Stock,
par value $.01 per share
</DIV></TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 1px solid #000000">1,200,000 shares (2)
</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>

<TD align="center" valign="top" style="border-top: 1px solid #000000">$19.45
</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>

<TD align="center" valign="top" style="border-top: 1px solid #000000">$23,340,000
</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>

<TD align="center" valign="top" style="border-top: 1px solid #000000">$2,748.00</TD>
    <TD width="1%" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>

<TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="15" style="border-top: 3px solid #000000">&nbsp;</TD>
</TR>


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<P>

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<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top">
    <TD width="1%" nowrap align="right">(1)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="96%">Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c)
under the Securities Act of 1933 and based upon the average of the high and low sales prices
of a share of Common Stock as reported by the New York Stock
Exchange, Inc. on December&nbsp;13,
2004.</TD>
</TR>

<TR><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD width="1%" nowrap align="right">(2)</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="96%">Also includes an indeterminable number of shares of Common Stock issuable as a result of the
anti-dilution provisions of the Grant Prideco Employee Stock Purchase
Plan. In addition, pursuant to
Rule 416(c) under the Securities Act of 1933, this Registration Statement also covers an
indeterminate amount of interests to be offered or sold pursuant to or in the Grant Prideco,
Inc. Employee Stock Purchase Plan.</TD>
</TR>

</TABLE>



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<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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<!-- TOC -->
<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

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<TR><TD colspan="9"><A HREF="#000">PART II</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#001">ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#002">ITEM 4. DESCRIPTION OF SECURITIES.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#003">ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#004">ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#005">ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#006">ITEM 8. EXHIBITS.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#007">ITEM 9. UNDERTAKINGS.</A></TD></TR>
<TR><TD colspan="9"><A HREF="#008">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="#009">EXHIBIT INDEX</A></TD></TR>
<TR><TD colspan="9"><A HREF="h20852exv5w1.htm">Opinion of Vice President and General Counsel</A></TD></TR>
<TR><TD colspan="9"><A HREF="h20852exv23w1.htm">Consent of Ernst & Young LLP</A></TD></TR>
<TR><TD colspan="9"><A HREF="h20852exv23w2.htm">Consent of KPMG</A></TD></TR>
</TABLE>
</CENTER>
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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>




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<P align="center" style="font-size: 10pt"><B>PART II</B>



<P align="center" style="font-size: 10pt"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>


<!-- link2 "ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE." -->
<DIV align="left"><A NAME="001"></A></DIV>

<P align="left" style="font-size: 10pt"><B>ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE.</B>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Grant Prideco, Inc., a Delaware corporation (the &#147;Company&#148; or &#147;Registrant&#148;) incorporates by
reference in this Registration Statement the following:


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;the Registrant&#146;s effective Registration Statement on Form&nbsp;10 (File No.&nbsp;001-15243)
(including without limitation the description of the Registrant&#146;s Common Stock contained therein);
all documents filed by the Registrant pursuant to Sections&nbsp;13(a), 13(c), 14 and 15(d) of the
Securities Exchange Act of 1934 subsequent to the date of the filing hereof and prior to the filing
of a post-effective amendment which indicates that all securities offered have been sold or which
deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference
in this Registration Statement and to be a part hereof from the date of filing of such documents;
and


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;the
Registrant&#146;s Annual Report Form 10-K for the year ended
December&nbsp;31, 2003;


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;Amendment No.&nbsp;1 to the Registrant&#146;s Annual Report on Form&nbsp;10K, filed on September&nbsp;30, 2004;


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv)&nbsp;Amendment
No.&nbsp;2 to the Registrant&#146;s Annual Report on Form&nbsp;10K,
filed on December&nbsp;16, 2004;


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v)&nbsp;the Registrant&#146;s Quarterly Report on Form 10-Q for the three months ended March&nbsp;31, 2004,
June&nbsp;30, 2004 and September&nbsp;30, 2004; and


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi)&nbsp;the Registration&#146;s Current Report on Form 8-K dated October&nbsp;21, 2004.

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<DIV align="left"><A NAME="002"></A></DIV>

<P align="left" style="font-size: 10pt"><B>ITEM 4. DESCRIPTION OF SECURITIES.</B>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.

<!-- link2 "ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL." -->
<DIV align="left"><A NAME="003"></A></DIV>

<P align="left" style="font-size: 10pt"><B>ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL.</B>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Philip A. Choyce, Vice President and General Counsel of the Company, owns 460 shares of the
Company&#146;s common stock directly, 22,675 shares of restricted stock and options to purchase 244,606
shares of the Company&#146;s common stock.

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<DIV align="left"><A NAME="004"></A></DIV>

<P align="left" style="font-size: 10pt"><B>ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.</B>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under Delaware law, a corporation may include provisions in its certificate of incorporation
that will relieve its directors of monetary liability for breaches of their fiduciary duty to the
corporation, except under certain circumstances, including a breach of the director&#146;s duty of
loyalty, acts or omissions of the director not in good faith or which involve intentional
misconduct or a knowing violation of law, the approval of an improper payment of a dividend or an
improper purchase by the corporation of stock or any transaction from which the director derived an
improper personal benefit. The Registrant&#146;s Restated Certificate of Incorporation provides that
the Registrant&#146;s directors are not liable to the Registrant or its stockholders for monetary
damages for breach of their fiduciary duty, subject to the described exceptions specified by
Delaware law.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under Section&nbsp;145 of the Delaware General Corporation Law and our bylaws, we are obligated to
indemnify our present and former directors and officers and may indemnify other employees and
individuals against expenses (including attorneys&#146; fees), judgments, fines and amounts paid in
settlement in connection with specified actions, suits or proceedings, whether civil, criminal,
administrative or investigative (other than an action by or in the right of the corporation, a
&#147;derivative action&#148;), if the person to whom indemnity is granted acted in good faith and in a
manner he or she reasonably believed to be in or not opposed to our best interests, and with
respect to any criminal action or proceeding, had no reasonable cause to believe his or her conduct
was unlawful. A similar standard of care is applicable in the case of derivative actions, except
that indemnification extends only to expenses (including attorneys&#146; fees) incurred in connection
with defense or settlement of such an action, and the Delaware General Corporation Law


<P align="center" style="font-size: 10pt">II-1
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<P align="left" style="font-size: 10pt">requires court approval before there can be any indemnification where the person seeking
indemnification has been found liable to Grant Prideco.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;145 of the Delaware General Corporation Law also empowers the Registrant to purchase
and maintain insurance on behalf of any person who is or was an officer or director of the
Registrant against liability asserted against or incurred by him in any such capacity, whether or
not the Registrant would have the power to indemnify such officer or director against such
liability under the provisions of Section&nbsp;145. The Registrant has purchased and maintains a
directors&#146; and officers&#146; liability policy for such purposes.

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<DIV align="left"><A NAME="005"></A></DIV>

<P align="left" style="font-size: 10pt"><B>ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.</B>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.

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<DIV align="left"><A NAME="006"></A></DIV>

<P align="left" style="font-size: 10pt"><B>ITEM 8. EXHIBITS.</B>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">

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    <TD width="8%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="87%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Exhibit No.</B><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Description</B><HR size="1" noshade></TD>
</TR>


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<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">2.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Distribution Agreement, dated as of March&nbsp;22, 2000, between Weatherford
and Grant Prideco, Inc. (incorporated by Reference to Exhibit&nbsp;2.1 to Grant
Prideco, Inc.&#146;s Registration Statement on Form&nbsp;S-3, Reg. No.&nbsp;333-35272).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">3.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Restated Certificate of Incorporation of Grant Prideco, Inc.
(incorporated by reference to Exhibit&nbsp;3.1 to Grant Prideco, Inc.&#146;s Registration
Statement on Form&nbsp;S-3, Reg. No.&nbsp;333-35272).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">3.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Restated Bylaws of Grant Prideco, Inc. (incorporated by reference to
Exhibit&nbsp;3.2 to Grant Prideco, Inc.&#146;s Registration Statement on Form&nbsp;10, File
No.&nbsp;1-15423, as amended).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Indenture for 9 5/8% Senior Notes due 2007 (incorporated by Reference
to Exhibit&nbsp;4.7 to Grant Prideco, Inc.&#146;s Annual Report on Form&nbsp;10-K for the year
ended December&nbsp;31, 2000, File No.&nbsp;1-15423).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Form of 9 5/8% Senior Notes due 2007 (included as part of Exhibit&nbsp;4.1
above).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.3*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Grant Prideco, Inc. 2000 Non-Employee Director Stock Option Plan
(incorporated by reference to Exhibit&nbsp;10.6 to Grant Prideco, Inc.&#146;s Annual
Report on Form&nbsp;10-K for the year ended December&nbsp;31, 2000, File No.&nbsp;1-15423).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.4*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Grant Prideco, Inc. 2000 Employee Stock Option and Stock Plan
(incorporated by reference to Exhibit&nbsp;10.5 to Grant Prideco, Inc.&#146;s
Registration Statement on Form&nbsp;10, File No.&nbsp;1-15423, as amended).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.5*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Grant Prideco, Inc. Executive Deferred Compensation Plan (incorporated
by reference to Exhibit&nbsp;10.9 to Grant Prideco, Inc.&#146;s Registration Statement on
Form&nbsp;10, File No.&nbsp;1-15423, as amended).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.6*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Grant Prideco, Inc. Foreign Executive Deferred Compensation Plan
(incorporated by reference to Exhibit&nbsp;10.8 to Grant Prideco, Inc.&#146;s
Registration Statement on Form&nbsp;10, File No.&nbsp;1-15423, as amended).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.7*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Grant Prideco, Inc. Deferred Compensation Plan for Non-Employee
Directors (incorporated by reference to Exhibit&nbsp;10.10 to Grant Prideco, Inc.&#146;s
Registration Statement on Form&nbsp;10, File No.&nbsp;1-15423, as amended).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.8*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Grant Prideco, Inc. 401(k) Savings Plan (incorporated by reference to
Exhibit&nbsp;10.11 to Grant Prideco, Inc.&#146;s Registration Statement on Form&nbsp;10, File
No.&nbsp;1-15423, as amended).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.9*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Grant Prideco, Inc. 2001 Stock Option and Restricted Stock Plan
(incorporated by reference to Exhibit&nbsp;10.16 to Grant Prideco, Inc.&#146;s Annual
Report on Form&nbsp;10-K for the year ended December&nbsp;31, 2001, File No.&nbsp;1-15423).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.10
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Indenture relating to 9% Senior Notes due 2009 dated as of December&nbsp;4,
2002, between Grant Prideco Escrow Corp. and Wells Fargo Bank, N.A., as trustee
(incorporated by reference to Exhibit&nbsp;4.2 to Grant Prideco, Inc.&#146;s Current
Report on Form&nbsp;8-K, File No.&nbsp;1-15423, filed on January&nbsp;3, 2003).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.11
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Form of 9% Senior Notes due 2009
(included as part of Exhibit&nbsp;4.10).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.12
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Supplemental Indenture dated as of December&nbsp;20, 2002, among Grant
Prideco, Inc., Grant Prideco Escrow Corp., certain of Grant Prideco, Inc.&#146;s
subsidiaries, and Wells Fargo Bank, N.A., as trustee (incorporated by reference
to Exhibit&nbsp;4.4 to Grant Prideco, Inc.&#146;s Current Report on Form&nbsp;8-K, File No.
1-15423, filed on January&nbsp;3, 2003).</TD>
</TR>


<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt">II-2
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">

<!-- Begin Table Head --><TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="87%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Exhibit No.</B><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Description</B><HR size="1" noshade></TD>
</TR>


<!-- End Table Head -->

<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.13
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Credit Agreement, dated as of December&nbsp;19, 2002, among Grant Prideco,
Inc., certain of its subsidiaries, the Lenders party thereto, Deutsche Bank
Trust Company Americas, as US, Deutsche Bank AG, Canada Branch, as Canadian
Agent, Transamerica Business Capital Corporation, as Documentation Agent, JP
Morgan Chase Bank, as Co-Syndication Agent, and Lynch Capital, as
Co-Syndication Agent (incorporated by reference to Exhibit&nbsp;4.6 to Grant
Prideco, Inc.&#146;s Current Report on Form&nbsp;8-K, File No.&nbsp;1-15423, filed on January
3, 2003).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.14
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Security Agreement, dated as of December&nbsp;19, 2002, among Grant Prideco,
Inc., certain of its subsidiaries and Deutsche Bank Trust Company Americas, as
agent (incorporated by Reference to Exhibit&nbsp;4.7 to Grant Prideco, Inc.&#146;s
Current Report on Form&nbsp;8-K, File No.&nbsp;1-15423, filed on January&nbsp;3, 2003).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.15
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amended and Restated Security Agreement, dated as of December&nbsp;19, 2002
between Grant Prideco Canada Ltd. and Deutsche Bank AG, Canada Branch, as agent
(incorporated by reference to Exhibit&nbsp;4.8 to Grant Prideco, Inc.&#146;s Current
Report on Form&nbsp;8-K, File No.&nbsp;1-15423, filed on January&nbsp;3, 2003).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.16
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amendment No.&nbsp;1 to Credit Agreement (incorporated by reference to
Exhibit&nbsp;4.17 to Grant Prideco, Inc.&#146;s Annual Report on Form&nbsp;10-K for the year
ended December&nbsp;31, 2003, File No.&nbsp;1-15423)</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.17
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amendment No.&nbsp;2 to Security Agreement (incorporated by reference to
Exhibit&nbsp;4.18 to Grant Prideco, Inc.&#146;s Annual Report on Form&nbsp;10-K for the year
ended December&nbsp;31, 2003, File No.&nbsp;1-15423).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.18
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Security Agreement, dated as of December&nbsp;19, 2002 between Grant Prideco
Canada Ltd. and Deutsche Bank AG, Canada Branch, as agent (incorporated by
reference to Exhibit&nbsp;4.9 to Grant Prideco, Inc.&#146;s Current Report on Form&nbsp;8-K,
File No.&nbsp;1-15423, filed on January&nbsp;3, 2003).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.19
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Form of Subsidiary Guarantee by certain of Grant Prideco, Inc.&#146;s
subsidiaries in favor of Deutsche Bank Trust Company Americas, as agent
(incorporated by reference to Exhibit&nbsp;4.10 to Grant Prideco, Inc.&#146;s Current
Report on Form&nbsp;8-K, File No.&nbsp;1-15423, filed on January&nbsp;3, 2003).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.20*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Employee Stock Purchase Plan (incorporated by reference to Exhibit
4.21 to Grant Prideco, Inc.&#146;s Annual Report on Form&nbsp;10-K for the year ended
December&nbsp;31, 2003, File No.&nbsp;1-15423).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">5.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of Vice President and General Counsel</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">21.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Subsidiaries of Registrant (incorporated by reference to Exhibit&nbsp;21.1
to Grant Prideco, Inc.&#146;s Annual Report on Form&nbsp;10-K for the year ended December
31, 2003, File No.&nbsp;1-15423).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Ernst &#038; Young LLP.</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of KPMG</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.3
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Vice President and Genera Counsel (included in Exhibit&nbsp;5.1)</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">24.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Power of Attorney (Included in Part II signature page)</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Designates a management or compensatory plan or arrangement.</TD>
</TR>


<!-- End Table Body -->
</TABLE>
</DIV>


<!-- link2 "ITEM 9. UNDERTAKINGS." -->
<DIV align="left"><A NAME="007"></A></DIV>

<P align="left" style="font-size: 10pt"><B>ITEM 9. UNDERTAKINGS.</B>


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned Registrant hereby undertakes:


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;To file, during any period in which offers or sales are being made, a post-effective
amendment to this Registration Statement:

<P align="center" style="font-size: 10pt">
<DIV style="margin-left:20px; text-indent:10px; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;To include any prospectus required by Section&nbsp;10(a)(3) of the Securities Act of 1933;
</DIV>
<P align="center" style="font-size: 10pt">

<DIV style="margin-left:20px; text-indent:10px; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;To reflect in the prospectus any facts or events arising after the effective date of this
Registration Statement (or the most recent post-effective amendment hereof) which, individually or
in the aggregate, represent a fundamental change in the information set forth in this Registration
Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered
(if the total dollar volume of securities offered would not exceed that which was registered) and
any deviation from the low or high end of the estimated maximum offering range may be reflected in
the form of prospectus filed with the Securities and Exchange Commission pursuant to Rule 424(b)
if, in the aggregate, the changes in volume and price represent no more than a 20% change in the
maximum aggregate offering price set forth in the &#147;Calculation of Registration Fee&#148; table in the
effective registration statement; and
</DIV>

<P align="center" style="font-size: 10pt">II-3
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV style="margin-left:20px; text-indent:10px; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;To include any material information with respect to the plan of distribution not
previously disclosed in this Registration Statement or any material change to such information in
this Registration Statement;
</DIV>
<P>

<DIV style="margin-left:20px; text-indent:10px; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Provided, however, that paragraphs (1)(i) and (1)(ii) do not apply if the information required
to be included in a post-effective amendment by those paragraphs is contained in periodic reports
filed with or furnished to the Securities and Exchange Commission by the Registrant pursuant to
Section&nbsp;13 or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by
reference in this Registration Statement.
</DIV>

<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;That, for the purpose of determining any liability under the Securities Act of 1933, each
such post-effective amendment shall be deemed to be a new registration statement relating to the
securities offered herein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;To remove from registration by means of a post-effective amendment any of the securities
being registered, which remain unsold at the termination of the offering.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4)&nbsp;That, for purposes of determining any liability under the Securities Act of 1933, each
filing of the Registrant&#146;s annual report pursuant to Section 13(a) or Section 15(d) of the
Securities Exchange Act of 1934 that is incorporated by reference in this Registration Statement
shall be deemed to be a new registration statement relating to the securities offered herein, and
the offering of such securities at that time shall be deemed to be the initial bona fide offering
thereof.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be
permitted to directors, officers and controlling persons of the Registrant pursuant to the
foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the
Securities and Exchange Commission such indemnification is against public policy as expressed in
the Securities Act of 1933 and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the Registrant of expenses
incurred or paid by a director, officer or controlling person of the Registrant in the successful
defense of any action, suit or proceeding) is asserted by such director, officer or controlling
person in connection with the securities being registered, the Registrant will, unless in the
opinion of its counsel the matter has been settled by controlling precedent, submit to a court of
appropriate jurisdiction the question whether such indemnification by it is against public policy
as expressed in the Securities Act of 1933 and will be governed by the final adjudication of such
issue.


<P align="center" style="font-size: 10pt">II-4
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<!-- link1 "SIGNATURES" -->
<DIV align="left"><A NAME="008"></A></DIV>

<P align="center" style="font-size: 10pt"><B>SIGNATURES</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it
has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and
has duly caused this Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Houston, State of Texas, on
December&nbsp;15, 2004.


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>Grant Prideco, Inc.</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Michael McShane
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Michael McShane&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Chairman of the Board, Chief Executive Officer,
and President
(Principal Executive Officer)&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<P align="center" style="font-size: 10pt"><B>POWER OF ATTORNEY</B>




<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNOW ALL MEN BY THESE PRESENTS, that each individual whose signature appears below constitutes
and appoints Michael McShane and Matthew Fitzgerald, or any of them, his true and lawful
attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his
name, place and stead, in any and all capacities, to sign any and all amendments (including
post-effective amendments) to this Registration Statement, and to file the same and all exhibits
thereto, and all documents in connection therewith, with the Securities and Exchange Commission,
granting said attorney-in-fact and agent, and any of them, full power and authority to do and
perform each and every act and thing requisite and necessary to be done in and about the premises,
as fully to all intents and purposes as he might or could do in person, hereby ratifying and
confirming all that said attorney-in-fact and agent, or any of them, or his or their substitute or
substitutes, may lawfully do or cause to be done by virtue hereof.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has
been signed by the following persons in the capacities and on the dates indicated.

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">

<!-- Begin Table Head --><TR valign="bottom">
    <TD width="37%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="18%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Name</B><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left"><B>Title</B><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left"><B>Date</B><HR size="1" noshade></TD>
</TR>


<!-- End Table Head -->

<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" nowrap valign="top">/s/ Michael McShane
<HR size="1" noshade>
Michael McShane</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Chairman of the Board,
President and Chief
Executive Officer
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">December&nbsp;15, 2004</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">/s/ Matthew Fitzgerald
<HR size="1" noshade>
Matthew Fitzgerald</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Senior Vice President and
Chief Financial Officer
(principal financial
officer)
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">December&nbsp;15, 2004</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">/s/ Greg L. Boane
<HR size="1" noshade>
Greg L. Boane</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Controller (principal
accounting officer)
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">December&nbsp;15, 2004</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">/s/ David J. Butters
<HR size="1" noshade>
David J. Butters</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">December&nbsp;15, 2004</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">/s/ Eliot M. Fried
<HR size="1" noshade>
Eliot M. Fried</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">December&nbsp;15, 2004</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">/s/ Dennis R. Hendrix
<HR size="1" noshade>
Dennis R. Hendrix</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">December&nbsp;15, 2004</TD>
</TR>

<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">/s/ Harold E. Layman
<HR size="1" noshade>
Harold E. Layman</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">December&nbsp;15, 2004</TD>
</TR>


<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">/s/ Sheldon B. Lubar
<HR size="1" noshade>
Sheldon B. Lubar</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">December&nbsp;15, 2004</TD>
</TR>


<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt">II-5
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">

<!-- Begin Table Head --><TR valign="bottom">
    <TD width="37%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="18%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Name</B><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left"><B>Title</B><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left"><B>Date</B><HR size="1" noshade></TD>
</TR>


<!-- End Table Head -->

<!-- Begin Table Body -->
<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">/s/ Robert K. Moses, Jr.
<HR size="1" noshade>
Robert K. Moses, Jr.</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">December&nbsp;15, 2004</TD>
</TR>

<TR>
<TD>&nbsp;</TD>
</TR>


<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">
<HR size="1" noshade>
Joseph E. Reid</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">December&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2004</TD>
</TR>


<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" nowrap valign="top">/s/ David A. Trice
<HR size="1" noshade>
David A. Trice</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">
Director
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">December&nbsp;15, 2004</TD>
</TR>


<!-- End Table Body -->
</TABLE>
</DIV>




<P align="center" style="font-size: 10pt">II-6
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">



<!-- link1 "EXHIBIT INDEX" -->
<DIV align="left"><A NAME="009"></A></DIV>

<P align="center" style="font-size: 10pt"><B>EXHIBIT INDEX</B>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">

<!-- Begin Table Head --><TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="87%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Exhibit No.</B><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Description</B><HR size="1" noshade></TD>
</TR>


<!-- End Table Head -->

<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">2.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Distribution Agreement, dated as of March&nbsp;22, 2000, between Weatherford
and Grant Prideco, Inc. (incorporated by Reference to Exhibit&nbsp;2.1 to Grant
Prideco, Inc.&#146;s Registration Statement on Form&nbsp;S-3, Reg. No.&nbsp;333-35272).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">3.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Restated Certificate of Incorporation of Grant Prideco, Inc.
(incorporated by reference to Exhibit&nbsp;3.1 to Grant Prideco, Inc.&#146;s Registration
Statement on Form&nbsp;S-3, Reg. No.&nbsp;333-35272).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">3.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Restated Bylaws of Grant Prideco, Inc. (incorporated by reference to
Exhibit&nbsp;3.2 to Grant Prideco, Inc.&#146;s Registration Statement on Form&nbsp;10, File
No.&nbsp;1-15423, as amended).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Indenture for 9 5/8% Senior Notes due 2007 (incorporated by Reference
to Exhibit&nbsp;4.7 to Grant Prideco, Inc.&#146;s Annual Report on Form&nbsp;10-K for the year
ended December&nbsp;31, 2000, File No.&nbsp;1-15423).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Form of 9 5/8% Senior Notes due 2007 (included as part of Exhibit&nbsp;4.1
above).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.3*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Grant Prideco, Inc. 2000 Non-Employee Director Stock Option Plan
(incorporated by reference to Exhibit&nbsp;10.6 to Grant Prideco, Inc.&#146;s Annual
Report on Form&nbsp;10-K for the year ended December&nbsp;31, 2000, File No.&nbsp;1-15423).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.4*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Grant Prideco, Inc. 2000 Employee Stock Option and Stock Plan
(incorporated by reference to Exhibit&nbsp;10.5 to Grant Prideco, Inc.&#146;s
Registration Statement on Form&nbsp;10, File No.&nbsp;1-15423, as amended).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.5*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Grant Prideco, Inc. Executive Deferred Compensation Plan (incorporated
by reference to Exhibit&nbsp;10.9 to Grant Prideco, Inc.&#146;s Registration Statement on
Form&nbsp;10, File No.&nbsp;1-15423, as amended).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.6*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Grant Prideco, Inc. Foreign Executive Deferred Compensation Plan
(incorporated by reference to Exhibit&nbsp;10.8 to Grant Prideco, Inc.&#146;s
Registration Statement on Form&nbsp;10, File No.&nbsp;1-15423, as amended).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.7*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Grant Prideco, Inc. Deferred Compensation Plan for Non-Employee
Directors (incorporated by reference to Exhibit&nbsp;10.10 to Grant Prideco, Inc.&#146;s
Registration Statement on Form&nbsp;10, File No.&nbsp;1-15423, as amended).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.8*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Grant Prideco, Inc. 401(k) Savings Plan (incorporated by reference to
Exhibit&nbsp;10.11 to Grant Prideco, Inc.&#146;s Registration Statement on Form&nbsp;10, File
No.&nbsp;1-15423, as amended).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.9*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Grant Prideco, Inc. 2001 Stock Option and Restricted Stock Plan
(incorporated by reference to Exhibit&nbsp;10.16 to Grant Prideco, Inc.&#146;s Annual
Report on Form&nbsp;10-K for the year ended December&nbsp;31, 2001, File No.&nbsp;1-15423).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.10
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Indenture relating to 9% Senior Notes due 2009 dated as of December&nbsp;4,
2002, between Grant Prideco Escrow Corp. and Wells Fargo Bank, N.A., as trustee
(incorporated by reference to Exhibit&nbsp;4.2 to Grant Prideco, Inc.&#146;s Current
Report on Form&nbsp;8-K, File No.&nbsp;1-15423, filed on January&nbsp;3, 2003).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.11
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Form of 9% Senior Notes due 2009
(included as part of Exhibit&nbsp;4.10).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.12
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Supplemental Indenture dated as of December&nbsp;20, 2002, among Grant
Prideco, Inc., Grant Prideco Escrow Corp., certain of Grant Prideco, Inc.&#146;s
subsidiaries, and Wells Fargo Bank, N.A., as trustee (incorporated by reference
to Exhibit&nbsp;4.4 to Grant Prideco, Inc.&#146;s Current Report on Form&nbsp;8-K, File No.
1-15423, filed on January&nbsp;3, 2003).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.13
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Credit Agreement, dated as of December&nbsp;19, 2002, among Grant Prideco,
Inc., certain of its subsidiaries, the Lenders party thereto, Deutsche Bank
Trust Company Americas, as US, Deutsche Bank AG, Canada Branch, as Canadian
Agent, Transamerica Business Capital Corporation, as Documentation Agent, JP
Morgan Chase Bank, as Co-Syndication Agent, and Lynch Capital, as
Co-Syndication Agent (incorporated by reference to Exhibit&nbsp;4.6 to Grant
Prideco, Inc.&#146;s Current Report on Form&nbsp;8-K, File No.&nbsp;1-15423, filed on January
3, 2003).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.14
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Security Agreement, dated as of December&nbsp;19, 2002, among Grant Prideco,
Inc., certain of its subsidiaries and Deutsche Bank Trust Company Americas, as
agent (incorporated by Reference to Exhibit&nbsp;4.7 to Grant Prideco, Inc.&#146;s
Current Report on Form&nbsp;8-K, File No.&nbsp;1-15423, filed on January&nbsp;3, 2003).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.15
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amended and Restated Security Agreement, dated as of December&nbsp;19, 2002
between Grant Prideco Canada Ltd. and Deutsche Bank AG, Canada Branch, as agent
(incorporated by reference to Exhibit&nbsp;4.8 to Grant Prideco, Inc.&#146;s Current
Report on Form&nbsp;8-K, File No.&nbsp;1-15423, filed on January&nbsp;3, 2003).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.16
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amendment No.&nbsp;1 to Credit Agreement (incorporated by reference to
Exhibit&nbsp;4.17 to Grant Prideco, Inc.&#146;s Annual Report on Form&nbsp;10-K for the year
ended December&nbsp;31, 2003, File No.&nbsp;1-15423)</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.17
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amendment No.&nbsp;2 to Security Agreement (incorporated by reference to
Exhibit&nbsp;4.18 to Grant Prideco, Inc.&#146;s Annual Report on Form&nbsp;10-K for the year
ended December&nbsp;31, 2003, File No.&nbsp;1-15423).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.18
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Security Agreement, dated as of December&nbsp;19, 2002 between Grant Prideco
Canada Ltd. and Deutsche Bank AG, Canada Branch, as agent (incorporated by
reference to Exhibit&nbsp;4.9 to Grant Prideco, Inc.&#146;s Current Report on Form&nbsp;8-K,
File No.&nbsp;1-15423, filed on January&nbsp;3, 2003).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.19
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Form of Subsidiary Guarantee by certain of Grant Prideco, Inc.&#146;s
subsidiaries in favor of Deutsche Bank Trust Company Americas, as agent
(incorporated by reference to Exhibit&nbsp;4.10 to Grant Prideco, Inc.&#146;s Current
Report on Form&nbsp;8-K, File No.&nbsp;1-15423, filed on January&nbsp;3, 2003).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.20*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Employee Stock Purchase Plan (incorporated by reference to Exhibit
4.21 to Grant Prideco, Inc.&#146;s Annual Report on Form&nbsp;10-K for the year ended
December&nbsp;31, 2003, File No.&nbsp;1-15423).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">5.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of Vice President and General Counsel</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">21.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Subsidiaries of Registrant (incorporated by reference to Exhibit&nbsp;21.1
to Grant Prideco, Inc.&#146;s Annual Report on Form&nbsp;10-K for the year ended December
31, 2003, File No.&nbsp;1-15423).</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Ernst &#038; Young LLP.</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of KPMG</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.3
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Vice President and Genera Counsel (included in Exhibit&nbsp;5.1)</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">24.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Power of Attorney (Included in Part II signature page)</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3"><HR noshade size="1" width="15%" align="left"></TD>

</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">*
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Designates a management or compensatory plan or arrangement.</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>








<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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sv8
Table of Contents
As filed with the
Securities and Exchange Commission on December 16, 2004
Registration No. 333-________
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
GRANT PRIDECO, INC.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation
or organization)
76-0312499
(I.R.S. Employer
Identification No.)
400 North Sam Houston Pkwy East, Suite 900
(Address of Principal Executive Officer)
77060
(Zip Code)
Grant Prideco, Inc. Employee Stock Purchase Plan
(Full title of the plans)
Grant Prideco, Inc.
400 North Sam Houston Pkwy East, Suite 900
(Name and address of agent for service)
(281) 878-5603
(Telephone number, including area code, of agent for service)
With a copy to:
Philip A. Choyce
Vice President and General Counsel
400 North Sam Houston Pkwy East, Suite 900
(281) 878-5603
Calculation of Registration Fee
Title of securities
Proposed maximum
Proposed maximum
Amount of
to be registered
Amount to be registered
offering price per share (1)
aggregate offering price (1)
registration fee
Common Stock,
par value $.01 per share
1,200,000 shares (2)
$19.45
$23,340,000
$2,748.00
(1)
Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c)
under the Securities Act of 1933 and based upon the average of the high and low sales prices
of a share of Common Stock as reported by the New York Stock
Exchange, Inc. on December 13,
2004.
(2)
Also includes an indeterminable number of shares of Common Stock issuable as a result of the
anti-dilution provisions of the Grant Prideco Employee Stock Purchase
Plan. In addition, pursuant to
Rule 416(c) under the Securities Act of 1933, this Registration Statement also covers an
indeterminate amount of interests to be offered or sold pursuant to or in the Grant Prideco,
Inc. Employee Stock Purchase Plan.
TABLE OF CONTENTS
PART II
ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE.
ITEM 4. DESCRIPTION OF SECURITIES.
ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL.
ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.
ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.
ITEM 8. EXHIBITS.
ITEM 9. UNDERTAKINGS.
SIGNATURES
EXHIBIT INDEX
Opinion of Vice President and General Counsel
Consent of Ernst & Young LLP
Consent of KPMG
Table of Contents
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE.
Grant Prideco, Inc., a Delaware corporation (the "Company" or "Registrant") incorporates by
reference in this Registration Statement the following:
(i) the Registrant's effective Registration Statement on Form 10 (File No. 001-15243)
(including without limitation the description of the Registrant's Common Stock contained therein);
all documents filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the
Securities Exchange Act of 1934 subsequent to the date of the filing hereof and prior to the filing
of a post-effective amendment which indicates that all securities offered have been sold or which
deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference
in this Registration Statement and to be a part hereof from the date of filing of such documents;
and
(ii) the
Registrant's Annual Report Form 10-K for the year ended
December 31, 2003;
(iii) Amendment No. 1 to the Registrant's Annual Report on Form 10K, filed on September 30, 2004;
(iv) Amendment
No. 2 to the Registrant's Annual Report on Form 10K,
filed on December 16, 2004;
(v) the Registrant's Quarterly Report on Form 10-Q for the three months ended March 31, 2004,
June 30, 2004 and September 30, 2004; and
(vi) the Registration's Current Report on Form 8-K dated October 21, 2004.
ITEM 4. DESCRIPTION OF SECURITIES.
Not applicable.
ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL.
Philip A. Choyce, Vice President and General Counsel of the Company, owns 460 shares of the
Company's common stock directly, 22,675 shares of restricted stock and options to purchase 244,606
shares of the Company's common stock.
ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.
Under Delaware law, a corporation may include provisions in its certificate of incorporation
that will relieve its directors of monetary liability for breaches of their fiduciary duty to the
corporation, except under certain circumstances, including a breach of the director's duty of
loyalty, acts or omissions of the director not in good faith or which involve intentional
misconduct or a knowing violation of law, the approval of an improper payment of a dividend or an
improper purchase by the corporation of stock or any transaction from which the director derived an
improper personal benefit. The Registrant's Restated Certificate of Incorporation provides that
the Registrant's directors are not liable to the Registrant or its stockholders for monetary
damages for breach of their fiduciary duty, subject to the described exceptions specified by
Delaware law.
Under Section 145 of the Delaware General Corporation Law and our bylaws, we are obligated to
indemnify our present and former directors and officers and may indemnify other employees and
individuals against expenses (including attorneys' fees), judgments, fines and amounts paid in
settlement in connection with specified actions, suits or proceedings, whether civil, criminal,
administrative or investigative (other than an action by or in the right of the corporation, a
"derivative action"), if the person to whom indemnity is granted acted in good faith and in a
manner he or she reasonably believed to be in or not opposed to our best interests, and with
respect to any criminal action or proceeding, had no reasonable cause to believe his or her conduct
was unlawful. A similar standard of care is applicable in the case of derivative actions, except
that indemnification extends only to expenses (including attorneys' fees) incurred in connection
with defense or settlement of such an action, and the Delaware General Corporation Law
II-1
Table of Contents
requires court approval before there can be any indemnification where the person seeking
indemnification has been found liable to Grant Prideco.
Section 145 of the Delaware General Corporation Law also empowers the Registrant to purchase
and maintain insurance on behalf of any person who is or was an officer or director of the
Registrant against liability asserted against or incurred by him in any such capacity, whether or
not the Registrant would have the power to indemnify such officer or director against such
liability under the provisions of Section 145. The Registrant has purchased and maintains a
directors' and officers' liability policy for such purposes.
ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.
Not applicable.
ITEM 8. EXHIBITS.
Exhibit No.
Description
2.1
Distribution Agreement, dated as of March 22, 2000, between Weatherford
and Grant Prideco, Inc. (incorporated by Reference to Exhibit 2.1 to Grant
Prideco, Inc.'s Registration Statement on Form S-3, Reg. No. 333-35272).
3.1
Restated Certificate of Incorporation of Grant Prideco, Inc.
(incorporated by reference to Exhibit 3.1 to Grant Prideco, Inc.'s Registration
Statement on Form S-3, Reg. No. 333-35272).
3.2
Restated Bylaws of Grant Prideco, Inc. (incorporated by reference to
Exhibit 3.2 to Grant Prideco, Inc.'s Registration Statement on Form 10, File
No. 1-15423, as amended).
4.1
Indenture for 9 5/8% Senior Notes due 2007 (incorporated by Reference
to Exhibit 4.7 to Grant Prideco, Inc.'s Annual Report on Form 10-K for the year
ended December 31, 2000, File No. 1-15423).
4.2
Form of 9 5/8% Senior Notes due 2007 (included as part of Exhibit 4.1
above).
4.3*
Grant Prideco, Inc. 2000 Non-Employee Director Stock Option Plan
(incorporated by reference to Exhibit 10.6 to Grant Prideco, Inc.'s Annual
Report on Form 10-K for the year ended December 31, 2000, File No. 1-15423).
4.4*
Grant Prideco, Inc. 2000 Employee Stock Option and Stock Plan
(incorporated by reference to Exhibit 10.5 to Grant Prideco, Inc.'s
Registration Statement on Form 10, File No. 1-15423, as amended).
4.5*
Grant Prideco, Inc. Executive Deferred Compensation Plan (incorporated
by reference to Exhibit 10.9 to Grant Prideco, Inc.'s Registration Statement on
Form 10, File No. 1-15423, as amended).
4.6*
Grant Prideco, Inc. Foreign Executive Deferred Compensation Plan
(incorporated by reference to Exhibit 10.8 to Grant Prideco, Inc.'s
Registration Statement on Form 10, File No. 1-15423, as amended).
4.7*
Grant Prideco, Inc. Deferred Compensation Plan for Non-Employee
Directors (incorporated by reference to Exhibit 10.10 to Grant Prideco, Inc.'s
Registration Statement on Form 10, File No. 1-15423, as amended).
4.8*
Grant Prideco, Inc. 401(k) Savings Plan (incorporated by reference to
Exhibit 10.11 to Grant Prideco, Inc.'s Registration Statement on Form 10, File
No. 1-15423, as amended).
4.9*
Grant Prideco, Inc. 2001 Stock Option and Restricted Stock Plan
(incorporated by reference to Exhibit 10.16 to Grant Prideco, Inc.'s Annual
Report on Form 10-K for the year ended December 31, 2001, File No. 1-15423).
4.10
Indenture relating to 9% Senior Notes due 2009 dated as of December 4,
2002, between Grant Prideco Escrow Corp. and Wells Fargo Bank, N.A., as trustee
(incorporated by reference to Exhibit 4.2 to Grant Prideco, Inc.'s Current
Report on Form 8-K, File No. 1-15423, filed on January 3, 2003).
4.11
Form of 9% Senior Notes due 2009
(included as part of Exhibit 4.10).
4.12
Supplemental Indenture dated as of December 20, 2002, among Grant
Prideco, Inc., Grant Prideco Escrow Corp., certain of Grant Prideco, Inc.'s
subsidiaries, and Wells Fargo Bank, N.A., as trustee (incorporated by reference
to Exhibit 4.4 to Grant Prideco, Inc.'s Current Report on Form 8-K, File No.
1-15423, filed on January 3, 2003).
II-2
Table of Contents
Exhibit No.
Description
4.13
Credit Agreement, dated as of December 19, 2002, among Grant Prideco,
Inc., certain of its subsidiaries, the Lenders party thereto, Deutsche Bank
Trust Company Americas, as US, Deutsche Bank AG, Canada Branch, as Canadian
Agent, Transamerica Business Capital Corporation, as Documentation Agent, JP
Morgan Chase Bank, as Co-Syndication Agent, and Lynch Capital, as
Co-Syndication Agent (incorporated by reference to Exhibit 4.6 to Grant
Prideco, Inc.'s Current Report on Form 8-K, File No. 1-15423, filed on January
3, 2003).
4.14
Security Agreement, dated as of December 19, 2002, among Grant Prideco,
Inc., certain of its subsidiaries and Deutsche Bank Trust Company Americas, as
agent (incorporated by Reference to Exhibit 4.7 to Grant Prideco, Inc.'s
Current Report on Form 8-K, File No. 1-15423, filed on January 3, 2003).
4.15
Amended and Restated Security Agreement, dated as of December 19, 2002
between Grant Prideco Canada Ltd. and Deutsche Bank AG, Canada Branch, as agent
(incorporated by reference to Exhibit 4.8 to Grant Prideco, Inc.'s Current
Report on Form 8-K, File No. 1-15423, filed on January 3, 2003).
4.16
Amendment No. 1 to Credit Agreement (incorporated by reference to
Exhibit 4.17 to Grant Prideco, Inc.'s Annual Report on Form 10-K for the year
ended December 31, 2003, File No. 1-15423)
4.17
Amendment No. 2 to Security Agreement (incorporated by reference to
Exhibit 4.18 to Grant Prideco, Inc.'s Annual Report on Form 10-K for the year
ended December 31, 2003, File No. 1-15423).
4.18
Security Agreement, dated as of December 19, 2002 between Grant Prideco
Canada Ltd. and Deutsche Bank AG, Canada Branch, as agent (incorporated by
reference to Exhibit 4.9 to Grant Prideco, Inc.'s Current Report on Form 8-K,
File No. 1-15423, filed on January 3, 2003).
4.19
Form of Subsidiary Guarantee by certain of Grant Prideco, Inc.'s
subsidiaries in favor of Deutsche Bank Trust Company Americas, as agent
(incorporated by reference to Exhibit 4.10 to Grant Prideco, Inc.'s Current
Report on Form 8-K, File No. 1-15423, filed on January 3, 2003).
4.20*
Employee Stock Purchase Plan (incorporated by reference to Exhibit
4.21 to Grant Prideco, Inc.'s Annual Report on Form 10-K for the year ended
December 31, 2003, File No. 1-15423).
5.1
Opinion of Vice President and General Counsel
21.1
Subsidiaries of Registrant (incorporated by reference to Exhibit 21.1
to Grant Prideco, Inc.'s Annual Report on Form 10-K for the year ended December
31, 2003, File No. 1-15423).
23.1
Consent of Ernst & Young LLP.
23.2
Consent of KPMG
23.3
Consent of Vice President and Genera Counsel (included in Exhibit 5.1)
24.1
Power of Attorney (Included in Part II signature page)
*
Designates a management or compensatory plan or arrangement.
ITEM 9. UNDERTAKINGS.
The undersigned Registrant hereby undertakes:
(1) To file, during any period in which offers or sales are being made, a post-effective
amendment to this Registration Statement:
(i) To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933;
(ii) To reflect in the prospectus any facts or events arising after the effective date of this
Registration Statement (or the most recent post-effective amendment hereof) which, individually or
in the aggregate, represent a fundamental change in the information set forth in this Registration
Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered
(if the total dollar volume of securities offered would not exceed that which was registered) and
any deviation from the low or high end of the estimated maximum offering range may be reflected in
the form of prospectus filed with the Securities and Exchange Commission pursuant to Rule 424(b)
if, in the aggregate, the changes in volume and price represent no more than a 20% change in the
maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the
effective registration statement; and
II-3
Table of Contents
(iii) To include any material information with respect to the plan of distribution not
previously disclosed in this Registration Statement or any material change to such information in
this Registration Statement;
Provided, however, that paragraphs (1)(i) and (1)(ii) do not apply if the information required
to be included in a post-effective amendment by those paragraphs is contained in periodic reports
filed with or furnished to the Securities and Exchange Commission by the Registrant pursuant to
Section 13 or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by
reference in this Registration Statement.
(2) That, for the purpose of determining any liability under the Securities Act of 1933, each
such post-effective amendment shall be deemed to be a new registration statement relating to the
securities offered herein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
(3) To remove from registration by means of a post-effective amendment any of the securities
being registered, which remain unsold at the termination of the offering.
(4) That, for purposes of determining any liability under the Securities Act of 1933, each
filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
Securities Exchange Act of 1934 that is incorporated by reference in this Registration Statement
shall be deemed to be a new registration statement relating to the securities offered herein, and
the offering of such securities at that time shall be deemed to be the initial bona fide offering
thereof.
Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be
permitted to directors, officers and controlling persons of the Registrant pursuant to the
foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the
Securities and Exchange Commission such indemnification is against public policy as expressed in
the Securities Act of 1933 and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the Registrant of expenses
incurred or paid by a director, officer or controlling person of the Registrant in the successful
defense of any action, suit or proceeding) is asserted by such director, officer or controlling
person in connection with the securities being registered, the Registrant will, unless in the
opinion of its counsel the matter has been settled by controlling precedent, submit to a court of
appropriate jurisdiction the question whether such indemnification by it is against public policy
as expressed in the Securities Act of 1933 and will be governed by the final adjudication of such
issue.
II-4
Table of Contents
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it
has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and
has duly caused this Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Houston, State of Texas, on
December 15, 2004.
Grant Prideco, Inc.
By:
/s/ Michael McShane
Michael McShane
Chairman of the Board, Chief Executive Officer,
and President
(Principal Executive Officer)
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each individual whose signature appears below constitutes
and appoints Michael McShane and Matthew Fitzgerald, or any of them, his true and lawful
attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his
name, place and stead, in any and all capacities, to sign any and all amendments (including
post-effective amendments) to this Registration Statement, and to file the same and all exhibits
thereto, and all documents in connection therewith, with the Securities and Exchange Commission,
granting said attorney-in-fact and agent, and any of them, full power and authority to do and
perform each and every act and thing requisite and necessary to be done in and about the premises,
as fully to all intents and purposes as he might or could do in person, hereby ratifying and
confirming all that said attorney-in-fact and agent, or any of them, or his or their substitute or
substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has
been signed by the following persons in the capacities and on the dates indicated.
Name
Title
Date
/s/ Michael McShane
Michael McShane
Chairman of the Board,
President and Chief
Executive Officer
December 15, 2004
/s/ Matthew Fitzgerald
Matthew Fitzgerald
Senior Vice President and
Chief Financial Officer
(principal financial
officer)
December 15, 2004
/s/ Greg L. Boane
Greg L. Boane
Controller (principal
accounting officer)
December 15, 2004
/s/ David J. Butters
David J. Butters
Director
December 15, 2004
/s/ Eliot M. Fried
Eliot M. Fried
Director
December 15, 2004
/s/ Dennis R. Hendrix
Dennis R. Hendrix
Director
December 15, 2004
/s/ Harold E. Layman
Harold E. Layman
Director
December 15, 2004
/s/ Sheldon B. Lubar
Sheldon B. Lubar
Director
December 15, 2004
II-5
Table of Contents
Name
Title
Date
/s/ Robert K. Moses, Jr.
Robert K. Moses, Jr.
Director
December 15, 2004
Joseph E. Reid
Director
December     , 2004
/s/ David A. Trice
David A. Trice
Director
December 15, 2004
II-6
Table of Contents
EXHIBIT INDEX
Exhibit No.
Description
2.1
Distribution Agreement, dated as of March 22, 2000, between Weatherford
and Grant Prideco, Inc. (incorporated by Reference to Exhibit 2.1 to Grant
Prideco, Inc.'s Registration Statement on Form S-3, Reg. No. 333-35272).
3.1
Restated Certificate of Incorporation of Grant Prideco, Inc.
(incorporated by reference to Exhibit 3.1 to Grant Prideco, Inc.'s Registration
Statement on Form S-3, Reg. No. 333-35272).
3.2
Restated Bylaws of Grant Prideco, Inc. (incorporated by reference to
Exhibit 3.2 to Grant Prideco, Inc.'s Registration Statement on Form 10, File
No. 1-15423, as amended).
4.1
Indenture for 9 5/8% Senior Notes due 2007 (incorporated by Reference
to Exhibit 4.7 to Grant Prideco, Inc.'s Annual Report on Form 10-K for the year
ended December 31, 2000, File No. 1-15423).
4.2
Form of 9 5/8% Senior Notes due 2007 (included as part of Exhibit 4.1
above).
4.3*
Grant Prideco, Inc. 2000 Non-Employee Director Stock Option Plan
(incorporated by reference to Exhibit 10.6 to Grant Prideco, Inc.'s Annual
Report on Form 10-K for the year ended December 31, 2000, File No. 1-15423).
4.4*
Grant Prideco, Inc. 2000 Employee Stock Option and Stock Plan
(incorporated by reference to Exhibit 10.5 to Grant Prideco, Inc.'s
Registration Statement on Form 10, File No. 1-15423, as amended).
4.5*
Grant Prideco, Inc. Executive Deferred Compensation Plan (incorporated
by reference to Exhibit 10.9 to Grant Prideco, Inc.'s Registration Statement on
Form 10, File No. 1-15423, as amended).
4.6*
Grant Prideco, Inc. Foreign Executive Deferred Compensation Plan
(incorporated by reference to Exhibit 10.8 to Grant Prideco, Inc.'s
Registration Statement on Form 10, File No. 1-15423, as amended).
4.7*
Grant Prideco, Inc. Deferred Compensation Plan for Non-Employee
Directors (incorporated by reference to Exhibit 10.10 to Grant Prideco, Inc.'s
Registration Statement on Form 10, File No. 1-15423, as amended).
4.8*
Grant Prideco, Inc. 401(k) Savings Plan (incorporated by reference to
Exhibit 10.11 to Grant Prideco, Inc.'s Registration Statement on Form 10, File
No. 1-15423, as amended).
4.9*
Grant Prideco, Inc. 2001 Stock Option and Restricted Stock Plan
(incorporated by reference to Exhibit 10.16 to Grant Prideco, Inc.'s Annual
Report on Form 10-K for the year ended December 31, 2001, File No. 1-15423).
4.10
Indenture relating to 9% Senior Notes due 2009 dated as of December 4,
2002, between Grant Prideco Escrow Corp. and Wells Fargo Bank, N.A., as trustee
(incorporated by reference to Exhibit 4.2 to Grant Prideco, Inc.'s Current
Report on Form 8-K, File No. 1-15423, filed on January 3, 2003).
4.11
Form of 9% Senior Notes due 2009
(included as part of Exhibit 4.10).
4.12
Supplemental Indenture dated as of December 20, 2002, among Grant
Prideco, Inc., Grant Prideco Escrow Corp., certain of Grant Prideco, Inc.'s
subsidiaries, and Wells Fargo Bank, N.A., as trustee (incorporated by reference
to Exhibit 4.4 to Grant Prideco, Inc.'s Current Report on Form 8-K, File No.
1-15423, filed on January 3, 2003).
4.13
Credit Agreement, dated as of December 19, 2002, among Grant Prideco,
Inc., certain of its subsidiaries, the Lenders party thereto, Deutsche Bank
Trust Company Americas, as US, Deutsche Bank AG, Canada Branch, as Canadian
Agent, Transamerica Business Capital Corporation, as Documentation Agent, JP
Morgan Chase Bank, as Co-Syndication Agent, and Lynch Capital, as
Co-Syndication Agent (incorporated by reference to Exhibit 4.6 to Grant
Prideco, Inc.'s Current Report on Form 8-K, File No. 1-15423, filed on January
3, 2003).
4.14
Security Agreement, dated as of December 19, 2002, among Grant Prideco,
Inc., certain of its subsidiaries and Deutsche Bank Trust Company Americas, as
agent (incorporated by Reference to Exhibit 4.7 to Grant Prideco, Inc.'s
Current Report on Form 8-K, File No. 1-15423, filed on January 3, 2003).
4.15
Amended and Restated Security Agreement, dated as of December 19, 2002
between Grant Prideco Canada Ltd. and Deutsche Bank AG, Canada Branch, as agent
(incorporated by reference to Exhibit 4.8 to Grant Prideco, Inc.'s Current
Report on Form 8-K, File No. 1-15423, filed on January 3, 2003).
4.16
Amendment No. 1 to Credit Agreement (incorporated by reference to
Exhibit 4.17 to Grant Prideco, Inc.'s Annual Report on Form 10-K for the year
ended December 31, 2003, File No. 1-15423)
4.17
Amendment No. 2 to Security Agreement (incorporated by reference to
Exhibit 4.18 to Grant Prideco, Inc.'s Annual Report on Form 10-K for the year
ended December 31, 2003, File No. 1-15423).
4.18
Security Agreement, dated as of December 19, 2002 between Grant Prideco
Canada Ltd. and Deutsche Bank AG, Canada Branch, as agent (incorporated by
reference to Exhibit 4.9 to Grant Prideco, Inc.'s Current Report on Form 8-K,
File No. 1-15423, filed on January 3, 2003).
4.19
Form of Subsidiary Guarantee by certain of Grant Prideco, Inc.'s
subsidiaries in favor of Deutsche Bank Trust Company Americas, as agent
(incorporated by reference to Exhibit 4.10 to Grant Prideco, Inc.'s Current
Report on Form 8-K, File No. 1-15423, filed on January 3, 2003).
4.20*
Employee Stock Purchase Plan (incorporated by reference to Exhibit
4.21 to Grant Prideco, Inc.'s Annual Report on Form 10-K for the year ended
December 31, 2003, File No. 1-15423).
5.1
Opinion of Vice President and General Counsel
21.1
Subsidiaries of Registrant (incorporated by reference to Exhibit 21.1
to Grant Prideco, Inc.'s Annual Report on Form 10-K for the year ended December
31, 2003, File No. 1-15423).
23.1
Consent of Ernst & Young LLP.
23.2
Consent of KPMG
23.3
Consent of Vice President and Genera Counsel (included in Exhibit 5.1)
24.1
Power of Attorney (Included in Part II signature page)
*
Designates a management or compensatory plan or arrangement.