0001193125-06-232386 Sample Contracts

EARNOUT AGREEMENT
Earnout Agreement • November 13th, 2006 • Hercules Offshore, Inc. • Drilling oil & gas wells • Texas

This Earnout Agreement (“Agreement”) is entered into this 7th day of November, 2006, by and among Halliburton West Africa, Ltd., a Cayman limited company (“HWAL”), Halliburton Energy Services Nigeria Limited, a Nigerian corporation (“HESNL” and together with HWAL, “Seller”) and Hercules Oilfield Services Ltd., a Cayman limited company (“Buyer”).

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