WAIVER AND RELEASE AGREEMENTWaiver and Release Agreement • June 17th, 2016 • C&J Energy Services Ltd. • Oil & gas field services, nec
Pursuant to the terms of the Employment Agreement between me (THEODORE R. MOORE) and C&J ENERGY SERVICES LTD. (formerly known as Nabors Red Lion Limited), dated September 26, 2014 and effective as of March 24, 2015 (the “Agreement”), and in exchange for the benefits provided in the Agreement plus additional benefits including the waiver of the restrictions in Section 7.1 (a) and (b) of the agreement, to which I acknowledge I would not otherwise be fully entitled (the “Separation Benefits”), I hereby agree as follows and waive all claims against and release (i) C&J ENERGY SERVICES LTD. and its directors, officers, employees, agents, insurers, investors, predecessors, successors and assigns (collectively referred to as the “Company”), (ii) all of the affiliates (including all parent companies and all wholly or partially owned subsidiaries) of the Company and their directors, officers, employees, agents, insurers, predecessors, successors and assigns (collectively referred to as the “Affi
