SALE AND PURCHASE AGREEMENT among NOVY INVESTMENTS LIMITED as SELLER, WEATHERFORD INTERNATIONAL LTD. (SWITZERLAND) as PURCHASER, and WEATHERFORD INTERNATIONAL LTD. (BERMUDA) Dated as of May 29, 2009Sale and Purchase Agreement • June 3rd, 2009 • Weatherford International Ltd./Switzerland • Drilling oil & gas wells • England
This Sale and Purchase Agreement is entered into as of May 29, 2009, by and among Novy Investments Limited, a limited liability company organised and existing under the Laws of Cyprus (Company Number 109592) and having its registered address at 5 Themistokli Dervi, Elenion Building, 2nd floor, P.C. 1066, Nicosia, Cyprus (“Seller”); Weatherford International Ltd., a joint-stock corporation organised and existing under the Laws of Switzerland and having its registered address at Alpenstrasse 15, 6300 Zug, Switzerland (“Purchaser”), and Weatherford International Ltd., an exempted company and as of the date hereof a direct, wholly owned subsidiary of Purchaser, organised and existing under the Laws of Bermuda and having its registered address at Clarendon House, 2 Church Street, Hamilton HM11, Bermuda (“Weatherford Bermuda” and, together with Seller and Purchaser, the “Parties” and each, individually a “Party”).
