0001193125-15-103406 Sample Contracts

EMPLOYEE BENEFITS AGREEMENT
Employee Benefits Agreement • March 24th, 2015 • C&J Energy Services, Inc. • Oil & gas field services, nec

This Employee Benefits Agreement, dated as of March 24, 2015, is entered into by and between Nabors Industries Ltd., a Bermuda exempted Company (“Navy”), Nabors Red Lion Limited, a Bermuda exempted Company and currently a wholly owned Subsidiary of Navy (“Red Lion”), and C&J Energy Services, Inc., a Delaware corporation (“Penny,” and together with Navy and Red Lion, the “Parties”), effective as between Navy and Red Lion at the Separation Time and effective as among all the Parties at the Effective Time (as defined below).

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