ContractIndemnification Agreement • November 6th, 2009 • Ensco International Inc • Drilling oil & gas wells • Delaware
Contract Type FiledNovember 6th, 2009 Company Industry JurisdictionExhibit 10.3 DIRECTOR AND/OR OFFICER INDEMNIFICATION AGREEMENT This Indemnification Agreement ("Agreement") is made as of November 3, 2009 by and between ENSCO INTERNATIONAL INCORPORATED, a Delaware corporation (the "Company"), and Daniel W. Rabun ("Indemnitee"). RECITALS WHEREAS, the Company desires to attract and retain the services of highly qualified individuals, such as Indemnitee, to serve the Company; WHEREAS, in order to induce Indemnitee to continue to provide services to the Company, the Company wishes to provide for the indemnification of, and advancement of expenses to, Indemnitee to the maximum extent permitted by law; WHEREAS, the Certificate of Incorporation of the Company (the "Charter") requires indemnification of the officers and directors of the Company, and Indemnitee may also be entitled to indemnification pursuant to the General Corporation Law of the State of Delaware (the "DGCL"); WHEREAS, the Charter and the DGCL expressly provide that the indemnification pro