Restated Executive Life Insurance Plan Sample Contracts

ATWOOD OCEANICS, INC. RESTATED EXECUTIVE LIFE INSURANCE PLAN
Restated Executive Life Insurance Plan • November 22nd, 2011 • Atwood Oceanics Inc • Drilling oil & gas wells

WHEREAS, pursuant to the terms and provisions of resolutions adopted by the Board of Directors of Atwood Oceanics, Inc., a Texas corporation (the “Company”), at a meeting held on July 8, 1977, the Company adopted an Executive Life Insurance Plan, and the Company and the then eligible executives of the Company executed a related Salary Continuation Agreement dated August 8, 1996 referred to therein; and

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