0000950129-07-001007 Sample Contracts

EMPLOYMENT AGREEMENT by and between NOBLE DRILLING CORPORATION and THOMAS L. MITCHELL October 27, 2006
Employment Agreement • February 28th, 2007 • Noble Corp • Drilling oil & gas wells • Texas

This EMPLOYMENT AGREEMENT (this “Agreement”), dated as of October 27, 2006, by and between NOBLE DRILLING CORPORATION, a Delaware corporation (the “Company”), and THOMAS L. MITCHELL (the “Executive”);

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GUARANTY
Guaranty • February 28th, 2007 • Noble Corp • Drilling oil & gas wells • Texas

This GUARANTY is made as of October 27, 2006 by NOBLE CORPORATION, a Cayman Islands exempted company limited by shares (the “Company”), for the benefit of Thomas L. Mitchell (the “Executive”);

Noble Corporation
Noble Corp • February 28th, 2007 • Drilling oil & gas wells • Texas

This letter confirms the discussions held with you concerning your voluntary resignation of employment with Noble Corporation (“Noble”), and Noble’s offer and, by your signature, your acceptance of this proposed Separation Agreement (the “Agreement”) on the terms set forth below. On behalf of Noble, we want to express our appreciation for your service and contributions, and wish you success in your future endeavors.

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