June 26, 2015Letter Agreement • July 23rd, 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 Management Ltd. (“TML”) and your status as an officer 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 TML dated December 13, 2013 (the “Employment Agreement”). All references in this Agreement to “Transocean” or “Company” shall mean Transocean Ltd. and its affiliates.
