RESTRUCTURING SUPPORT AND LOCK-UP AGREEMENTRestructuring Support and Lock-Up Agreement • September 13th, 2017 • North Atlantic Drilling Ltd. • Drilling oil & gas wells • New York
This RESTRUCTURING SUPPORT AND LOCK-UP AGREEMENT (including all exhibits, annexes, and schedules hereto in accordance with Section 15.02, this “Agreement”) is made and entered into as of September 12, 2017 (the “Execution Date”), by and among the following parties, each in the capacity set forth on its signature page to this Agreement (each of the following described in sub-clauses (i) through (viii) of this preamble, collectively, the “Parties”):1
INVESTMENT AGREEMENT AMONGInvestment Agreement • September 13th, 2017 • North Atlantic Drilling Ltd. • Drilling oil & gas wells • New York
Pursuant to the Plan, if Class B3, D3 or F3, constituting the General Unsecured Claims against Seadrill, NADL, and Sevan, vote as a class to accept the Plan, the Subscription Agent will transmit to Holders of claims of each class that voted to accept the Plan (the “Applicable Claims”) as of the Record Date a certification form (an “Eligibility Certificate”) to determine if such Holder is an Eligible Holder (defined below) permitted to participate in the Debt Rights Offering.
