0000950123-11-045800 Sample Contracts

AMENDMENT TO CREDIT AGREEMENT
Credit Agreement • May 5th, 2011 • Parker Drilling Co /De/ • Drilling oil & gas wells • New York

THIS AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), dated as of June 30, 2008, but effective as of May 15, 2008 (the “Effective Date”), is entered into by and among PARKER DRILLING COMPANY, a Delaware corporation (the “Borrower”), each lender from time to time party to the Credit Agreement defined below (collectively, the “Lenders” and individually, a “Lender”), BANK OF AMERICA, N.A., as Administrative Agent and an L/C Issuer, LEHMAN COMMERCIAL PAPER INC., as Syndication Agent, and ABN AMRO BANK N.V., as Documentation Agent.

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THIRD AMENDMENT TO CREDIT AGREEMENT AND JOINDER
Credit Agreement • May 5th, 2011 • Parker Drilling Co /De/ • Drilling oil & gas wells • New York

THIS THIRD AMENDMENT TO CREDIT AGREEMENT AND JOINDER (this “Amendment”), dated as of April 1, 2011 (the “Effective Date”), is entered into by and among PARKER DRILLING COMPANY, a Delaware corporation (the “Borrower”), each lender from time to time party to the Credit Agreement defined below (collectively, the “Lenders” and individually, a “Lender”), and BANK OF AMERICA, N.A., as Administrative Agent.

CONSENT AND SECOND AMENDMENT TO CREDIT AGREEMENT
Credit Agreement • May 5th, 2011 • Parker Drilling Co /De/ • Drilling oil & gas wells • New York

THIS CONSENT AND SECOND AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), dated as of January 15, 2010, but effective as of the Effective Date (as hereinafter defined) other than Section 2(c) of this Amendment which is made effective as of September 30, 2009, is entered into by and among PARKER DRILLING COMPANY, a Delaware corporation (the “Borrower”), each lender from time to time party to the Credit Agreement defined below (collectively, the “Lenders” and individually, a “Lender”), BANK OF AMERICA, N.A., as Administrative Agent and an L/C Issuer, and ABN AMRO BANK N.V., as Documentation Agent.

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