ContractDeferred Prosecution Agreement • May 5th, 2020
Contract Type FiledMay 5th, 2020UNITED ST ATES DISTRICT COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION UNITED STATES OF AMERICA ) ) 13CR 737 v. ) ) No. --------- WEATHERFORD INTERNATIONAL LTD., ) DEFERRED PROSECUTION ) Defendant AGREEMENT ) ) ) ) ) Defendant Weatherford International Ltd. ("Weatherford") is an oil and gas service company headquartered in Geneva, Switzerland. Weatherford, by and through its attorney, Gibson, Dunn & Crutcher LLP, hereby enters into this Deferred Prosecution Agreement (the "Agreement") with the United States Attorney's Office for the Southern District of Texas ("this Office"). 1. Charges: Weatherford agrees that it shall waive indictment and agrees to the filing of a two-count Criminal Information in the United States District Court for the Southern District of Texas, charging it with: ( 1) willfully violating and attempting to violate the Trading With the Enemy Act, 50 U.S.C. App. 1-44; and (2) willfully violating and attempting to violate the International Emergency Economic Powers