EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • April 30th, 2009 • Nabors Industries LTD • Drilling oil & gas wells • Delaware
Contract Type FiledApril 30th, 2009 Company Industry JurisdictionThis Executive Employment Agreement (this “Agreement”) is made by and between Nabors Industries Ltd. (together with its successors and assigns permitted under this Agreement, “Nabors Bermuda”), Nabors Industries, Inc. (together with its successors and assigns permitted under this Agreement, “Nabors Delaware”) (Nabors Bermuda and Nabors Delaware collectively referred to herein as “the Company”), and Anthony G. Petrello (the “Executive”), effective as of April 1, 2009 (the “Effective Date”). Whenever there is a reference to an obligation of “Company” in this Agreement, that reference is to an obligation of Nabors Bermuda and Nabors Delaware jointly and severally.