March 31, 2015Letter Agreement • April 1st, 2015 • Transocean Ltd. • Drilling oil & gas wells
This letter agreement (the “Agreement”) states the terms and conditions applicable to the termination of your employment with Transocean Offshore Deepwater Drilling Inc. (“TODDI”) and your status as an officer and director of Transocean Ltd. and its affiliates and, except as specifically stated herein, supersedes any previous agreement between you and Transocean, including your Employment Agreement with TODDI dated December 13, 2013 (the “Employment Agreement”). All references in this Agreement to “Transocean” or “Company” shall mean Transocean Ltd. and its affiliates.
