FRANK’S INTERNATIONAL N.V. EXECUTIVE CHANGE-IN-CONTROL SEVERANCE PLANParticipation Agreement • August 5th, 2015 • Frank's International N.V. • Oil & gas field services, nec • Texas
This Executive Severance Plan Participation Agreement (the “Participation Agreement” or this “Agreement”) is entered into effective as of __________________________, 2015 (the “Participation Date”), by and between __________________________ (the “Employer”) and you (the “Participant”), pursuant to the Frank’s International N.V. Executive Severance Plan (the “Plan” or the “Executive Severance Plan”). The Participant agrees that the terms and conditions of this Agreement and the Plan will govern the Participant’s rights with respect to the severance benefits provided under Section 3(a) of the Plan (the “Severance Benefits”), notwithstanding any contrary provision in any employment agreement or other severance plan. The Employer accepts the designation as a participating employer under the Plan and agrees to be bound by all the terms of the Plan that apply to it as an Employer so designated to participate in the Plan. The Participant and the Employer agree to execute such further instrume
