0001451505-12-000044 Sample Contracts

March 2, 2012 Mr. Robert Shaw Dear Rob:
Termination Agreement • May 2nd, 2012 • Transocean Ltd. • Drilling oil & gas wells • Texas

This letter agreement (the “Agreement”) states the terms and conditions applicable to the termination of your employment with Transocean. All references in this Agreement to “Transocean” shall mean Transocean Offshore Deepwater Drilling, Inc. (“TODDI”), its parent, subsidiaries, affiliates and related entities.

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