0001104659-12-070667 Sample Contracts

October 23, 2012 Mr. Nick Deeming Carouge Switzerland Dear Nick:
Letter Agreement • October 24th, 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” or “Company” shall mean Transocean Management Ltd., its parent, subsidiaries, affiliates and related entities.

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