0001193125-12-098626 Sample Contracts

SECOND AMENDMENT TO FIRST AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • March 6th, 2012 • Parker Drilling Co /De/ • Drilling oil & gas wells

THIS SECOND AMENDMENT (this “Amendment”) is made and entered into as of March 5, 2012 (the “Amendment Date”) by and between PARKER DRILLING COMPANY, a Delaware corporation (the “Company”), and ROBERT L. PARKER, JR. (“Executive”), and is an amendment to that certain First Amended and Restated Employment Agreement between the Company and Executive made and entered into as of March 13, 2011, as amended by that certain First Amendment dated August 29, 2011 (collectively, the “Agreement”). The Company and Executive are sometimes hereinafter referred to singularly as a “Party” or collectively as the “Parties”.

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SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • March 6th, 2012 • Parker Drilling Co /De/ • Drilling oil & gas wells • Texas

THIS SEPARATION AGREEMENT AND RELEASE (this “Agreement”) is made by and between PARKER DRILLING COMPANY, a Delaware corporation (“Parker Drilling”), and DAVID C. MANNON (“Executive”) this 5th day of March, 2012 (“Effective Date”). Parker Drilling and Executive are sometimes referred to collectively as the “Parties” or individually as a “Party”.

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