0001104659-12-003417 Sample Contracts

January 19, 2012 Mr. Ricardo H. Rosa Chemin de Ruth 122 Geneva Dear Ricardo:
Termination Agreement • January 23rd, 2012 • Transocean Ltd. • Drilling oil & gas wells

This letter agreement (the “Agreement”) states the terms and conditions applicable to the termination of your employment with Transocean. All references in this Agreement to “Transocean” shall mean Transocean Management Ltd., its parent, subsidiaries, affiliates and related entities.

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