0000950129-08-006039 Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • December 19th, 2008 • Hercules Offshore, Inc. • Drilling oil & gas wells • Texas

This EXECUTIVE EMPLOYMENT AGREEMENT (this “Agreement”) is entered into as of the 15th day of December, 2008 (the “Effective Date”) by and between HERCULES OFFSHORE, INC., a Delaware corporation (the “Company”), and TODD PELLEGRIN (the “Executive”).

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SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • December 19th, 2008 • Hercules Offshore, Inc. • Drilling oil & gas wells • Texas

This Separation Agreement and Release (“Separation Agreement”) is entered into by and between Randal R. Reed (“Executive” or “you”) and Hercules Offshore, Inc. (with its affiliates and subsidiaries, including Hercules Liftboat Company LLC, the “Company”), and confirms the agreement that has been reached with you in connection with your resignation from the Company.

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