0000950123-10-080050 Sample Contracts

NABORS INDUSTRIES, INC. as Issuer and NABORS INDUSTRIES LTD., as Guarantor and WILMINGTON TRUST COMPANY as Trustee and CITIBANK, N.A. as Securities Administrator INDENTURE Dated as of SUBORDINATED DEBT SECURITIES
Reconciliation And • August 24th, 2010 • Nabors Industries LTD • Drilling oil & gas wells • New York

THIS INDENTURE dated as of , is among Nabors Industries, Inc., a Delaware corporation (the “Company”), each Guarantor, if any, Wilmington Trust Company, a Delaware banking corporation, as trustee (the “Trustee”) and Citibank, N.A., a national banking association, as paying agent, registrar, security custodian, and authentication agent (the “Securities Administrator”).

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