VALARIS LIMITED REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • April 30th, 2021 • Valaris PLC • Drilling oil & gas wells • New York
This REGISTRATION RIGHTS AGREEMENT (including all exhibits hereto and as may be amended, supplemented or amended and restated from time to time in accordance with the terms hereof, this “Agreement”) is made and entered into as of April 30, 2021 by and among Valaris Limited, a company organized under the laws of Bermuda (the “Company”) and the Holders (as defined below) of the Company’s First Lien Notes (as defined below) listed on Schedule I hereto. The Company and the Holders are referred to herein collectively as the “Parties” and each, individually, as a “Party.” Capitalized terms used herein have the meanings set forth in Section 1.
EMPLOYMENT AGREEMENTEmployment Agreement • April 30th, 2021 • Valaris PLC • Drilling oil & gas wells • Texas
This Employment Agreement (“Agreement”), initially dated as of October 7, 2018 (the “Execution Date”) and amended and restated as of the date of approval of the plan of reorganization (the “Plan of Reorganization”) of Valaris plc and its affiliates (the “Effective Date”), is made by and among (i) Rowan Companies, Inc., a Delaware corporation (“RCI”), ENSCO Global Resources Limited, a UK company (“Ensco UK”), and, solely for the purposes of guaranteeing the payments and obligations under this Agreement, Valaris Limited, a Bermuda exempted company (“Valaris”, and together with its subsidiaries, the “Company”) and (ii) Dr. Thomas Burke (the “Executive”) (collectively referred to herein as the “Parties”).
WARRANT AGREEMENTWarrant Agreement • April 30th, 2021 • Valaris PLC • Drilling oil & gas wells • New York
This WARRANT AGREEMENT (this “Agreement”), dated as of April 30, 2021 (the “Effective Date”), is entered into by and between Valaris Limited, a Bermuda exempted company (the “Company”), and Computershare Inc., a Delaware corporation (“Computershare”), and Computershare Trust Company, N.A., a federally chartered trust company, as warrant agent (together with Computershare, the “Warrant Agent”).
