FINAL SETTLEMENT AND LICENSE AGREEMENTFinal Settlement and License Agreement • March 1st, 2011 • Tesco Corp • Oil & gas field machinery & equipment • Texas
Contract Type FiledMarch 1st, 2011 Company Industry JurisdictionThis Final Settlement and License Agreement (the “Agreement”) is entered into by and between Tesco Corporation (“Tesco”), and Weatherford International Inc. and Weatherford/Lamb, Inc. (collectively “Weatherford”). Tesco and Weatherford are individually referred to as “Party” and collectively as the “Parties.” This Agreement is effective as of October 26, 2010 (“Effective Date”).