0001104659-07-090393 Sample Contracts

COMMERCIAL PAPER DEALER AGREEMENT 4(2) PROGRAM between TRANSOCEAN INC., as Issuer and MORGAN STANLEY & CO. INCORPORATED, as Dealer
Commercial Paper Dealer Agreement • December 21st, 2007 • Transocean Inc • Drilling oil & gas wells • New York

This agreement (the “Agreement”) sets forth the understandings between the Issuer and the Dealer, each named on the cover page hereof, in connection with the issuance and sale by the Issuer of its short-term promissory notes (the “Notes”) through the Dealer.

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