WEATHERFORD INTERNATIONAL PLC RESTRICTED SHARE UNIT AWARD AGREEMENT PURSUANT TO THE AMENDED AND RESTATED 2019 EQUITY INCENTIVE PLAN (TIME AND CLIFF VESTING)Restricted Share Unit Award Agreement • November 2nd, 2021 • Weatherford International PLC • Oil & gas field machinery & equipment • Texas
THIS RESTRICTED SHARE UNIT AWARD AGREEMENT (this “Agreement”), dated as of the Grant Date specified above, is entered into by and between WEATHERFORD INTERNATIONAL PLC, a public limited company organized under the laws of Ireland (the “Company”), and the Participant specified above, pursuant to the Weatherford International plc Amended and Restated 2019 Equity Incentive Plan, as in effect and as amended from time to time (the “Plan”), which is administered by the Committee (as defined in the Plan); and
WEATHERFORD INTERNATIONAL PLC PERFORMANCE RESTRICTED SHARE UNIT AWARD AGREEMENT PURSUANT TO THE AMENDED AND RESTATED 2019 EQUITY INCENTIVE PLAN (WAGE PROGRAM PERFORMANCE VESTING)Performance Restricted Share Unit Award Agreement • November 2nd, 2021 • Weatherford International PLC • Oil & gas field machinery & equipment • Texas
THIS PERFORMANCE RESTRICTED SHARE UNIT AWARD AGREEMENT (this “Agreement”), dated as of the Grant Date specified above, is entered into by and between WEATHERFORD INTERNATIONAL PLC, a public limited company organized under the laws of Ireland (the “Company”), and the Participant specified above, pursuant to the Weatherford International plc Amended and Restated 2019 Equity Incentive Plan, as in effect and as amended from time to time (the “Plan”), which is administered by the Committee (as defined in the Plan); and
Weatherford International Ltd. Purchase AgreementWeatherford International PLC • November 2nd, 2021 • Oil & gas field machinery & equipment • New York
Weatherford International Ltd., a Bermuda exempted company (the “Company”), proposes to sell to you and the other initial purchasers named in Schedule I hereto (each, an “Initial Purchaser” and, collectively, the “Initial Purchasers”), for whom you are acting as representative (in such capacity, the “Representative”), U.S.$500,000,000 principal amount of its 6.500% Senior Secured First Lien Notes due 2028 (the “Notes”). As used herein, the term “Securities” collectively refers to the Notes and the Guarantees (as defined below). The Securities are to be issued under an Indenture, to be dated as of the Closing Date (as defined below) (the “Indenture”), among the Company, the Guarantors (as defined below) and Wilmington Trust, National Association, as trustee (the “Trustee”) and collateral agent (the “Collateral Agent”), and will be fully and unconditionally guaranteed on a senior secured basis (the “Guarantees”) by Weatherford International plc, an Irish public limited company (the “Pare
BACKSTOP COMMITMENT AGREEMENT AMONG WEATHERFORD INTERNATIONAL PLC THE GUARANTORS AND THE COMMITMENT PARTIES PARTY HERETO Dated as of September 20, 2021Backstop Commitment Agreement • November 2nd, 2021 • Weatherford International PLC • Oil & gas field machinery & equipment • New York
THIS BACKSTOP COMMITMENT AGREEMENT (this “Agreement”), dated as of September 20, 2021, is made by and among Weatherford International Plc, an Irish public limited company (the “Company”), Weatherford International LTD., a Bermuda exempted company (the “Issuer”), and each of the Guarantors (as defined below) on the one hand, and each Commitment Party (as defined below), on the other hand. The Company, the Guarantors, the Issuer and each Commitment Party is referred to herein, individually, as a “Party” and, collectively, as the “Parties”. Capitalized terms that are used but not otherwise defined in this Agreement shall have the meanings given to them in Section 1.1 hereof or, if not defined therein, shall have the meanings given to them in the Indenture (as defined below).
