Final Settlement and License Agreement Sample Contracts

FINAL SETTLEMENT AND LICENSE AGREEMENT
Final Settlement and License Agreement • March 1st, 2011 • Tesco Corp • Oil & gas field machinery & equipment • Texas

This 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”).

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