0000950129-05-005476 Sample Contracts

TODCO 12,000,000 Shares* Class A Common Stock (Par Value $0.01 Per Share) Underwriting Agreement

Underwriting Agreement • May 17th, 2005 • Todco • Drilling oil & gas wells • New York

• Contract Type
  Underwriting Agreement
• Filed
  May 17th, 2005
• Company
  Todco
• Industry
  Drilling oil & gas wells
• Jurisdiction
  New York

Transocean Inc., a Cayman Islands company (the “Selling Stockholder”), proposes to sell to the several underwriters named in Schedule I hereto (the “Underwriters”) an aggregate of 12,000,000 shares of the Class A common stock (par value $0.01 per share) (the “Firm Shares”) of TODCO, a Delaware corporation (the “Company”).