SEPARATION AND RELEASE AGREEMENTSeparation and Release Agreement • August 6th, 2009 • Oceaneering International Inc • Oil & gas field services, nec • Texas
This SEPARATION AND RELEASE AGREEMENT (this “Agreement”) is entered into as of August 4, 2009 by and between Oceaneering International, Inc. (the “Company”), and Philip D. Gardner (“Executive”) (collectively, the “Parties”). The Company has employed Executive as Senior Vice President — Subsea Products and the Parties are desirous of mutually terminating their employment relationship under certain terms and conditions as follows:
