0000950129-05-009048 Sample Contracts

REGISTRATION RIGHTS, STANDSTILL AND VOTING AGREEMENT
Registration Rights, Standstill and Voting Agreement • September 8th, 2005 • Precision Drilling Corp • Drilling oil & gas wells • New York

This REGISTRATION RIGHTS, STANDSTILL AND VOTING AGREEMENT (this “Agreement”), dated as of August 31, 2005, is by and between Precision Drilling Corporation, an Alberta corporation (“Precision”) and Weatherford International Ltd., a Bermuda exempted company (“Weatherford”). Certain capitalized terms used herein are defined in Section 7 below. Capitalized terms not otherwise defined herein have the meaning ascribed to them in the Stock Purchase Agreement (as hereinafter defined).

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