CHANGE IN CONTROL AGREEMENTChange in Control Agreement • May 1st, 2014 • Rowan Companies PLC • Drilling oil & gas wells • Texas
THIS CHANGE IN CONTROL AGREEMENT (this “Agreement”), effective as of April 25, 2014 (the “Effective Date”), is made by and between Rowan Companies plc, a public limited company incorporated under the laws of England and Wales (the “Company”), and Thomas P. Burke (the “Executive”).
AMENDMENT TO ROWAN COMPANIES INCENTIVE PLANSRowan Companies Incentive Plans • May 1st, 2014 • Rowan Companies PLC • Drilling oil & gas wells
This agreement (the “Amendment”) amends the 2013 Rowan Companies plc Incentive Plan; the 2009 Rowan Companies, Inc. Incentive Plan; the 2005 Rowan companies, Inc. Long-Term Incentive Plan; the1998 Rowan Companies, Inc. Nonemployee Directors Stock Option Plan; and the Restated 1988 Rowan Companies, Inc. Nonqualified Stock Option Plan. The Amendment was adopted by the Board of Directors (the “Board”) of Rowan Companies plc, a public limited company incorporated under the laws of England and Wales (the “Company”), effective as of April 25, 2014 (the “Effective Date”). Capitalized terms used but not defined herein shall have the respective meanings ascribed to such terms in the applicable Plans (as defined below).
