New Rig Construction. (a) The Manager shall, in accordance with instructions by the Board of the Company, assist the Company in negotiating contracts for the construction of new rigs. Any such contracts shall always be subject to the approval of the Board of the Company.
Appears in 20 contracts
Samples: Management and Administrative Services Agreement, Management and Administrative Services Agreement (Seadrill Partners LLC), Management and Administrative Services Agreement (Seadrill Partners LLC)