364-DAY FACILITY U.S. PLEDGE AND SECURITY AGREEMENT364-Day Facility u.s. Pledge and Security Agreement • August 20th, 2018 • Weatherford International PLC • Oil & gas field machinery & equipment • New York
THIS 364-DAY FACILITY U.S. PLEDGE AND SECURITY AGREEMENT (as amended, amended and restated, supplemented or otherwise modified from time to time, this “Security Agreement”) is entered into as of August 16, 2018, by and among the entities listed on the signature pages hereto (such listed entities, collectively, the “Initial Grantors” and, together with any other Subsidiaries of Weatherford International plc, an Irish public limited company (“WIL-Ireland”), whether now existing or hereafter formed or acquired, that become parties to this Security Agreement from time to time in accordance with the terms of the Credit Agreement described below by executing a Security Agreement Supplement hereto in substantially the form of Annex I, each, a “Grantor” and, collectively, the “Grantors”), and MORGAN STANLEY SENIOR FUNDING, INC., in its capacity as collateral agent (the “Collateral Agent”), for itself and on behalf and for the benefit of the other Secured Parties (as defined in the Credit Agree
