0001193125-10-108385 Sample Contracts

SEAHAWK DRILLING, INC. EMPLOYMENT/NON-COMPETITION/ CONFIDENTIALITY AGREEMENT RAYMOND GONZALES
Confidentiality Agreement • May 5th, 2010 • Seahawk Drilling, Inc. • Drilling oil & gas wells • Texas

This Employment/Non-Competition/Confidentiality Agreement by and between Seahawk Drilling, Inc. (the “Company”) and Raymond Gonzales (“Employee”) (together the “Parties”), effective as of March 22, 2010 (the “Agreement”), is made on the terms as herein provided.

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SEPARATION AGREEMENT
Separation Agreement • May 5th, 2010 • Seahawk Drilling, Inc. • Drilling oil & gas wells

This Separation Agreement (“Agreement”) is entered into by and between OSCAR GERMAN (“Former Employee”) and SEAHAWK DRILLING, INC., a Delaware corporation, and its affiliated companies, corporations, partnerships, business associations and subsidiaries (collectively, the “Company”). Former Employee and the Company are sometimes referred to herein as a “Party” and collectively as the “Parties.”

THIRD AMENDMENT
Third Amendment • May 5th, 2010 • Seahawk Drilling, Inc. • Drilling oil & gas wells • New York

This THIRD AMENDMENT (this “Amendment”) dated as of March 19, 2010, is among SEAHAWK DRILLING, INC., a Delaware corporation (the “Borrower”), certain Subsidiaries of the Borrower party hereto (the “Guarantors”), the Lenders party hereto, and NATIXIS, NEW YORK BRANCH, in its capacity as administrative agent for the Lenders (in such capacity, the “Administrative Agent”).

SEPARATION AGREEMENT
Separation Agreement • May 5th, 2010 • Seahawk Drilling, Inc. • Drilling oil & gas wells

This Separation Agreement (“Agreement”) is entered into by and between STEVEN A. MANZ (“Former Employee”) and SEAHAWK DRILLING, INC., a Delaware corporation, and its affiliated companies, corporations, partnerships, business associations and subsidiaries (collectively, the “Company”). Former Employee and the Company are sometimes referred to herein as a “Party” and collectively as the “Parties.”

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