December 1, 2015 Mr. John Stobart Chemin de la Bassire 17 Switzerland Dear Mr. StobartEmployment Agreement • February 25th, 2016 • Transocean Ltd. • Drilling oil & gas wells
This employment agreement (the “Agreement”) between you and Transocean Offshore Deepwater Drilling Inc. (“TODDI”) supersedes all prior arrangements and the terms and conditions of your existing employment arrangement with Transocean (dated December 13, 2013). All references in this Agreement to “Transocean” or “Company” shall mean Transocean Ltd. and its affiliates.
