CONFIDENTIAL SETTLEMENT AGREEMENT, MUTUAL RELEASES AND AGREEMENT TO INDEMNIFYConfidential Settlement Agreement, Mutual Releases and Agreement • August 5th, 2015 • Transocean Ltd. • Drilling oil & gas wells
Contract Type FiledAugust 5th, 2015 Company IndustryThis Confidential Settlement Agreement, Mutual Releases and Agreement to Indemnify ("Agreement") is entered into this 20th day of May 2015 (the "Effective Date"), by BP Exploration & Production Inc. and BP America Production Co. (collectively "BP") and Transocean Offshore Deepwater Drilling Inc., Transocean Deepwater Inc., Transocean Holdings LLC, and Triton Asset Leasing GmbH (collectively "Transocean"). Where applicable, BP and Transocean will be referred to collectively as the "Parties" and individually as a "Party."