0000950129-09-001582 Sample Contracts

CONSULTING AGREEMENT
Consulting Agreement • May 11th, 2009 • Parker Drilling Co /De/ • Drilling oil & gas wells • Texas

This Consulting Agreement (the “Agreement”) is made by and between Parker Drilling Company, a company organized and existing under the laws of the State of Delaware (hereinafter “COMPANY”), and Ronald C. Potter, an individual residing in Houston, Texas (hereinafter “CONSULTANT”) effective as of March 28, 2009.

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SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • May 11th, 2009 • Parker Drilling Co /De/ • Drilling oil & gas wells • Texas

THIS SEPARATION AGREEMENT AND RELEASE (this “Agreement”) is made by and between Parker Drilling Company, a Delaware corporation (“Parker Drilling” or the “Company”) and Ronald C. Potter (“Executive”) and shall become effective on the eighth day following its execution by Executive and return to Parker Drilling, provided Executive has not revoked his consent to this Agreement pursuant to paragraph 18(c) (“Effective Date”). Parker Drilling and Executive are sometimes referred to collectively as the “Parties” or individually as a “Party”.

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