0001193125-16-461257 Sample Contracts

TERM SHEET FOR PROPOSED SETTLEMENT AGREEMENT BETWEEN PARAGON OFFSHORE PLC AND NOBLE CORPORATION PLC
Settlement Agreement • February 12th, 2016 • Noble Corp PLC • Drilling oil & gas wells

This term sheet (“Term Sheet”) sets forth the principal terms of a compromise and settlement between Paragon Offshore plc (“Paragon”) and Noble Corporation plc (“Noble,” and, together with Paragon, the “Parties”) with respect to the matters described herein.

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NOBLE CORPORATION PLC DEVONSHIRE HOUSE • 1 MAYFAIR PLACE LONDON • W1J 8AJ • ENGLAND • + 44 20 3300 2300
Tax Sharing Agreement • February 12th, 2016 • Noble Corp PLC • Drilling oil & gas wells
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