Common use of BANKS AND ISSUING BANKS Clause in Contracts

BANKS AND ISSUING BANKS. CITIBANK, N.A., as a Bank and an Issuing Bank By: /s/ Xxxx Xxxxx Name: Xxxx Xxxxx Title: Attorney-In-Fact DNB CAPITAL LLC, as a Bank By: /s/ Xxxxxxx Xxxxxxxxx Name: Xxxxxxx Xxxxxxxxx Title: Senior Vice President By: /s/ Florianne Xxxxx Name: Florianne Xxxxx Title: First Vice President DNB BANK ASA, NEW YORK BRANCH, as an Issuing Bank By: /s/ Xxxxxxx Xxxxxxxxx Name: Xxxxxxx Xxxxxxxxx Title: Senior Vice President By: /s/ Florianne Xxxxx Name: Florianne Xxxxx Title: First Vice President XXXXX FARGO BANK, NATIONAL ASSOCIATION, as a Bank and an Issuing Bank By: /s/ T. Xxxx Xxxxx Name: T. Xxxx Xxxxx Title: Managing Director DEUTSCHE BANK AG NEW YORK BRANCH, as a Bank and an Issuing Bank By: /s/ Xxxx X. Xxx Name: Xxxx X. Xxx Title: Vice President By: /s/ Xxxxxxxx Xxxxxxx Name: Xxxxxxxx Xxxxxxx Title: Vice President HSBC BANK USA, NA, as a Bank and an Issuing Bank By: /s/ Xxxxxx Xxxxx Name: Xxxxxx Xxxxx Title: Director BANK OF AMERICA, N.A., as a Bank By: /s/ Xxxxxxx Xxxxxxxxx Name: Xxxxxxx Xxxxxxxxx Title: Vice President THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., as a Bank By: /s/ Xxxxx Xxxxxx Name: Xxxxx Xxxxxx Title: Vice President MIZUHO BANK, LTD., as a Bank By: /s/ Xxxx Mo Name: Xxxx Mo Title: Authorized Signatory BNP PARIBAS, as a Bank By: /s/ Xxxxxx Xxxxxxxxxxxxxx Name: Xxxxxx Xxxxxxxxxxxxxx Title: Director BNP PARIBAS, as a Bank By: /s/ Xxxxxx Xxxxxx-Bouvet Name: Xxxxxx Xxxxxx-Bouvet Title: Vice President XXXXXXX XXXXX BANK USA, as a Bank By: /s/ Xxxx Xxxxxx Name: Xxxx Xxxxxx Title: Authorized Signatory AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED, as a Bank By: /s/ Xxxxxx Xxxxxx Name: Xxxxxx Xxxxxx Title: Director XXXXXX XXXXXXX BANK, N.A., as a Bank By: /s/ Xxxxxxx Xxxx Name: Xxxxxxx Xxxx Title: Authorized Signatory Standard Chartered Bank, as a New Bank By: /s/ Xxxxxx Xxxxxxx Name: Xxxxxx Xxxxxxx Title: Managing Director Standard Chartered Bank, as a New Bank By: /s/ Xxxxx X. Xxxxx Name: Xxxxx X. Xxxxx Title: Associate Director Bank of China, NEW YORK BRANCH, as a New Bank By: /s/ Xxxxxxx Xx Name: Xxxxxxx Xx Title: Executive Vice President COMMITMENT SCHEDULE Commitments Bank Commitment Citibank, N.A. $225,000,000 Deutsche Bank AG New York Branch $225,000,000 DNB Capital LLC $225,000,000 HSBC Bank USA, NA $225,000,000 Xxxxx Fargo Bank, National Association $225,000,000 Bank of America, N.A. $180,000,000 Mizuho Bank, Ltd. $180,000,000 The Bank of Tokyo-Mitsubishi UFJ, Ltd. $180,000,000 BNP Paribas $180,000,000 Standard Chartered Bank $115,000,000 Xxxxxxx Xxxxx Bank USA $95,000,000 Xxxxxx Xxxxxxx Bank, N.A. $95,000,000 Australia and New Zealand Banking Group Limited $50,000,000 Bank of China, New York Branch $50,000,000

BANKS AND ISSUING BANKS. CITIBANK, N.A., as a Bank and an Issuing Bank By: /s/ Xxxx Xxxxx /s/s Xxxxxx Xxxxxxx Name: Xxxx Xxxxx Xxxxxx Xxxxxxx Title: Attorney-In-Fact Vice President DNB CAPITAL LLC, as a Bank By: /s/ Xxxxxxxx Xxxxxxx Xxxxxxxxx Name: Xxxxxxxx Xxxxxxx Xxxxxxxxx Title: Senior Vice President By: /s/ Florianne Xxxxx Xxxx Xxxxxx Name: Florianne Xxxxx Xxxx Xxxxxx Title: First Senior Vice President DNB BANK ASA, NEW YORK BRANCH, as an Issuing Bank By: /s/ Xxxxxxxx Xxxxxxx Xxxxxxxxx Name: Xxxxxxxx Xxxxxxx Xxxxxxxxx Title: Vice President By: /s/ Xxxx Xxxxxx Name: Xxxx Xxxxxx Title: Senior Vice President By: /s/ Florianne Xxxxx Name: Florianne Xxxxx Title: First Vice President XXXXX FARGO BANK, NATIONAL ASSOCIATION, as a Bank and an Issuing Bank By: /s/ T. Xxxx Xxxxx Name: T. Xxxx Xxxxx Title: Managing Director DEUTSCHE BANK AG NEW YORK BRANCH, as a Bank and an Issuing Bank By: /s/ Xxxx X. Xxx Name: Xxxx X. Xxx Title: Vice President Director By: /s/ Xxxxxxxx Xxxxxxx Name: Xxxxxxxx Xxxxxxx Title: Vice President HSBC BANK USA, NA, as a Bank and an Issuing Bank By: /s/ Xxxxxx Xxxxx Name: Xxxxxx Xxxxx Title: Director BANK OF AMERICA, N.A., as a Bank By: /s/ Xxxxxxx Xxxxxxxxx Name: Xxxxxxx Xxxxxxxxx Title: Vice President THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., as a Bank By: /s/ Xxxxx Xxxxxx Name: Xxxxx Xxxxxx Title: Vice President MIZUHO BANK, LTD., as a Bank By: /s/ Xxxx Mo Name: Xxxx Mo Title: Authorized Signatory BNP PARIBAS, as a Bank By: /s/ Xxxxxx Xxxxxxxxxxxxxx Xxxxxxxx Xxxxxxxx Name: Xxxxxx Xxxxxxxxxxxxxx Xxxxxxxx Xxxxxxxx Title: Director BNP PARIBAS, as a Bank By: /s/ Xxxxxx XxxxxxVice-Bouvet Name: Xxxxxx Xxxxxx-Bouvet Title: Vice President XXXXXXX XXXXX BANK USA, as a Bank By: /s/ Xxxx Xxxxxx Name: Xxxx Xxxxxx Title: Authorized Signatory AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED, as a Bank By: /s/ Xxxxxx Xxxxxx Name: Xxxxxx Xxxxxx Title: Director XXXXXX XXXXXXX BANK, N.A., as a Bank By: /s/ Xxxxxxx Xxxx Name: Xxxxxxx Xxxx Title: Authorized Signatory Standard Chartered Bank, as a New Bank By: /s/ Xxxxxx Xxxxxxx Name: Xxxxxx Xxxxxxx Title: Managing Director Standard Chartered Bank, as a New Bank By: /s/ Xxxxx X. Xxxxx Name: Xxxxx X. Xxxxx Title: Associate Director Bank of ChinaBANK OF CHINA, NEW YORK BRANCH, as a New Bank By: /s/ Xxxxxxx Xx Name: Xxxxxxx Xx Title: Executive Vice President COMMITMENT SCHEDULE Commitments COMMITMENTS Bank Non-Extended Commitment Extended Commitment Aggregate Commitment Termination Date Citibank, N.A. $0 $225,000,000 $225,000,000 September 30, 2020 Deutsche Bank AG New York Branch $0 $225,000,000 $225,000,000 September 30, 2020 DNB Capital LLC $0 $225,000,000 $225,000,000 September 30, 2020 HSBC Bank USA, NA $0 $225,000,000 $225,000,000 September 30, 2020 Xxxxx Fargo Bank, National Association $225,000,000 Bank of America$0 $225,000,000 September 30, 0000 Xxxx xx Xxxxxxx, N.A. $180,000,000 $0 $180,000,000 September 30, 2019 Mizuho Bank, Ltd. $180,000,000 $0 $180,000,000 September 30, 2019 The Bank of Tokyo-Mitsubishi UFJ, Ltd. $180,000,000 $0 $180,000,000 September 30, 2019 BNP Paribas $0 $180,000,000 $180,000,000 September 30, 2020 Standard Chartered Bank $115,000,000 $0 $115,000,000 September 30, 2019 Xxxxxxx Xxxxx Sachs Bank USA $95,000,000 $0 $95,000,000 September 30, 2019 Xxxxxx Xxxxxxx Bank, N.A. $95,000,000 Australia $0 $95,000,000 September 30, 0000 Xxxxxxxxx and New Zealand Banking Group Limited $50,000,000 $0 $50,000,000 September 30, 2019 Bank of China, New York Branch $50,000,0000 $50,000,000 $50,000,000 September 30, 2020 Total: $1,120,000,000 $1,130,000,000 $2,250,000,000 --

BANKS AND ISSUING BANKS. CITIBANK, N.A., as a Bank and an Issuing Bank By: /s/ Xxxx Xxxxx Xxxxxx Xxxxxxx Name: Xxxx Xxxxx Xxxxxx Xxxxxxx Title: Attorney-In-Fact Vice President Signature Page to Fourth Amended and Restated Credit Agreement DNB CAPITAL LLCBANK ASA, GRAND CAYMAN BRANCH, as a Bank By: /s/ Xxxxxxx Xxxxxxxxx Name: Xxxxxxx Xxxxxxxxx Title: Senior Vice President By: /s/ Florianne Xxxxx Stian Lovseth Name: Florianne Xxxxx Stian Lovseth Title: First Vice President DNB BANK ASA, NEW YORK BRANCH, as an Issuing Bank By: /s/ Xxxxxxx Xxxxxxxxx Name: Xxxxxxx Xxxxxxxxx Title: Senior Vice President By: /s/ Florianne Xxxxx Stian Lovseth Name: Florianne Xxxxx Stian Lovseth Title: First Vice President Signature Page to Fourth Amended and Restated Credit Agreement XXXXX FARGO BANK, NATIONAL ASSOCIATION, as a Bank and an Issuing Bank By: /s/ T. Xxxx Xxxxx Name: T. Xxxx Xxxxx Title: Managing Director Signature Page to Fourth Amended and Restated Credit Agreement DEUTSCHE BANK AG NEW YORK BRANCH, as a Bank and an Issuing Bank By: /s/ Xxxxxxxx Xxxxxxx Name: Xxxxxxxx Xxxxxxx Title: Vice President By: /s/ Xxxx X. Xxx Name: Xxxx X. Xxx Title: Vice President By: /s/ Xxxxxxxx Xxxxxxx Name: Xxxxxxxx Xxxxxxx Title: Vice President Signature Page to Fourth Amended and Restated Credit Agreement HSBC BANK USA, NA, as a Bank and an Issuing Bank By: /s/ Xxxxxx Xxxxx Xxxxxxxx Xxxxxxx Name: Xxxxxx Xxxxx Xxxxxxxx Xxxxxxx Title: Director Signature Page to Fourth Amended and Restated Credit Agreement BANK OF AMERICA, N.A., as a Bank By: /s/ Xxxxxxx Xxxxxxxxx Xxxxxx Xxxxx Name: Xxxxxxx Xxxxxxxxx Xxxxxx Xxxxx Title: Vice President Director Signature Page to Fourth Amended and Restated Credit Agreement THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., as a Bank By: /s/ Xxxxx Xxxxxx Xxxx Name: Xxxxx Xxxxxx Xxxx Title: Vice President MIZUHO BANK, LTD.Managing Director Signature Page to Fourth Amended and Restated Credit Agreement LLOYDS TSB BANK PLC, as a Bank By: /s/ Xxxx Mo Xxxxx X. Xxxxxxxx Name: Xxxx Mo Xxxxx X. Xxxxxxxx Title: Authorized Signatory Vice President – F014 By: /s/ Xxxxx Xxxxx Name: Xxxxx Xxxxx Title: Vice President – W011 Signature Page to Fourth Amended and Restated Credit Agreement BNP PARIBAS, as a Bank By: /s/ Xxxxxx Xxxxxxxxxxxxxx Xxxxxxxxx Xxxxx Name: Xxxxxx Xxxxxxxxxxxxxx Xxxxxxxxx Xxxxx Title: Director BNP PARIBAS, as a Bank By: /s/ Xxxxxxx Xxxxxx Xxxxxx-Bouvet Name: Xxxxxxx Xxxxxx Xxxxxx-Bouvet Title: Vice President Director Signature Page to Fourth Amended and Restated Credit Agreement XXXXXXX XXXXX SACHS BANK USA, as a Bank By: /s/ Xxxx Xxxxxx Name: Xxxx Xxxxxx Title: Authorized Signatory Signature Page to Fourth Amended and Restated Credit Agreement AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED, as a Bank By: /s/ Xxxxxx Xxxxxx XxXxxxxx Name: Xxxxxx Xxxxxx XxXxxxxx Title: Director XXXXXX XXXXXXX BANK, N.A.Chief Operating Officer Signature Page to Fourth Amended and Restated Credit Agreement THE BANK OF NEW YORK MELLON, as a Bank By: /s/ Xxxxxxx Xxxx Name: Xxxxxxx Xxxx Title: Authorized Signatory Standard Chartered Bank, as a New Bank By: /s/ Xxxxxx Xxxxxxx X. Xxxxxxxxx Name: Xxxxxx Xxxxxxx X. Xxxxxxxxx Title: Managing Director Standard Chartered Bank, as a New Bank By: /s/ Xxxxx X. Xxxxx NameVice President Signature Page to Fourth Amended and Restated Credit Agreement PRICING SCHEDULE PRICING GRID Rating Category: Xxxxx X. X Xxxxx TitleXX Xxxxx XXX Xxxxx XX Xxxxx X X/X0 or Better A-/A3 BBB+/Baa1 BBB/Baa2 BBB-/Baa3 or lower Applicable Margin for Base Rate Advances: Associate Director Bank of China, NEW YORK BRANCH, as a New Bank By0.00% 0.00% 0.125% 0.25% 0.50% Applicable Margin for LIBOR Advances: /s/ Xxxxxxx Xx Name0.875% 1.00% 1.125% 1.25% 1.50% Commitment Fee: Xxxxxxx Xx Title: Executive Vice President 0.08% 0.10% 0.125% 0.15% 0.225% COMMITMENT SCHEDULE Commitments COMMITMENTS Bank Commitment Citibank, N.A. $225,000,000 DNB Bank ASA, Grand Cayman Branch $225,000,000 Deutsche Bank AG New York Branch $225,000,000 DNB Capital LLC $225,000,000 HSBC Bank USA, NA $225,000,000 Xxxxx Fargo Bank, National Association $225,000,000 Bank of America, N.A. $180,000,000 Mizuho Bank, Ltd. $180,000,000 The Bank of Tokyo-Mitsubishi UFJ, Ltd. $180,000,000 Lloyds TSB Bank plc $180,000,000 BNP Paribas $180,000,000 Standard Chartered Bank $115,000,000 140,000,000 Xxxxxxx Xxxxx Sachs Bank USA $95,000,000 Xxxxxx Xxxxxxx Bank, N.A. $95,000,000 Australia and New Zealand Banking Group Limited $50,000,000 The Bank of China, New York Branch Mellon $50,000,000

BANKS AND ISSUING BANKS. CITIBANK, N.A., as a an Extending Bank and an Issuing Bank By: /s/ Xxxx Xxxxx Xxxxxxx X. Xxxxxxx Name: Xxxx Xxxxx Xxxxxxx X. Xxxxxxx Title: Attorney-In-Fact Vice President DNB CAPITAL LLC, as a an Extending Bank By: /s/ Xxxxxxxx Xxxxxxx Xxxxxxxxx Name: Xxxxxxxx Xxxxxxx Xxxxxxxxx Title: Senior Vice President By: /s/ Florianne Xxxxx Xxxxxxxx Xxxxxxx Name: Florianne Xxxxx Xxxxxxxx Xxxxxxx Title: First Senior Vice President DNB BANK ASA, NEW YORK BRANCH, as an Issuing Bank By: /s/ Xxxxxxxx Xxxxxxx Xxxxxxxxx Name: Xxxxxxxx Xxxxxxx Xxxxxxxxx Title: Senior Vice President By: /s/ Florianne Xxxxx Xxxxxxxx Xxxxxxx Name: Florianne Xxxxx Xxxxxxxx Xxxxxxx Title: First Senior Vice President XXXXX FARGO BANK, NATIONAL ASSOCIATION, as a Bank and an Issuing Bank By: /s/ T. Xxxx Xxxxxx X. Xxxxx Name: T. Xxxx Xxxxxx X. Xxxxx Title: Managing Director Vice President DEUTSCHE BANK AG NEW YORK BRANCH, as a an Extending Bank and an Issuing Bank By: /s/ Xxxx X. Xxx Name: Xxxx X. Xxx Title: Vice President Director By: /s/ Xxxxxxxx Xxxxxxx Name: Xxxxxxxx Xxxxxxx Title: Vice President HSBC BANK USA, NAN.A., as a an Extending Bank and an Issuing Bank By: /s/ Xxxxxx Xxxxx Xxxxxxxx Name: Xxxxxx Xxxxx Xxxxxxxx Title: Director Vice President BANK OF AMERICA, N.A., as a an Extending Bank By: /s/ Xxxxxxx Xxxxxxxxx Name: Xxxxxxx Xxxxxxxxx Title: Vice President Director THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., as a Bank By: /s/ Xxxxx Xxxxxx Name: Xxxxx Xxxxxx Title: Vice President MIZUHO BANK, LTD., as a Bank By: /s/ Xxxx Mo Name: Xxxx Mo Title: Authorized Signatory BNP PARIBAS, as a an Extending Bank By: /s/ Xxxxxx Xxxxxxxxxxxxxx Name: Xxxxxx Xxxxxxxxxxxxxx Title: Director BNP PARIBAS, as a Bank By: /s/ Xxx Xxxxxx Xxxxxx-Bouvet Name: Xxx Xxxxxx Xxxxxx-Bouvet Title: Vice President Managing Director XXXXXXX XXXXX BANK USA, as a Bank By: /s/ Xxxx Xxxxxx Xxxxx Xxx Name: Xxxx Xxxxxx Xxxxx Xxx Title: Authorized Signatory AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED, as a Bank By: /s/ Xxxxxx Xxxxxx Name: Xxxxxx Xxxxxx Title: Director XXXXXX XXXXXXX BANK, N.A., as a Bank By: /s/ Xxxxxxx Xxxx Name: Xxxxxxx Xxxx Title: Authorized Signatory Standard Chartered BankXXXXXX XXXXXXX SENIOR FUNDING, INC., as a New an Extending Bank By: /s/ Xxxxxx Xxxxxxx Xxxx Name: Xxxxxx Xxxxxxx Xxxx Title: Managing Director Standard Chartered BankVice President STANDARD CHARTERED BANK, as a New Bank By: /s/ Xxxxx X. Xxxxx Name: Xxxxx X. Xxxxx Title: Associate Director Bank of ChinaBANK OF CHINA, NEW YORK BRANCH, as a New Bank By: Name: Title: SKANDINAVISKA ENSKILDA XXXXXX XX (PUBL), as an Extending Bank By: /s/ Xxxxxxx Xx Per Xxxx Xxxxxx-Xxxxxxxxxxx Name: Xxxxxxx Xx Per Xxxx Xxxxxx-Xxxxxxxxxxx Title: Executive Vice President COMMITMENT SCHEDULE Commitments By: /s/ Xxxxxx Xxxxxxxx Name: Xxxxxx Xxxxxxxx Title: NIBC BANK N.V., as an Extending Bank Commitment CitibankBy: /s/ Sven de Veij Name: Sven de Veij Title: Head of Oil & Gas Services ANNEX I TO FIFTH AMENDMENT AND MASTER ASSIGNMENT AND ACCEPTANCE TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT U.S. $2,002,500,000 FOURTH AMENDED AND RESTATED CREDIT AGREEMENT DATED AS OF MAY 7, 2013 AMONG ENSCO PLC AND PRIDE INTERNATIONAL, INC., AS BORROWERS, THE BANKS NAMED HEREIN, AS BANKS, CITIBANK, N.A., AS ADMINISTRATIVE AGENT, DNB BANK ASA, AS SYNDICATION AGENT, AND DEUTSCHE BANK SECURITIES INC. AND HSBC BANK USA, N.A. $225,000,000 Deutsche Bank AG New York Branch $225,000,000 AS CO-DOCUMENTATION AGENTS JOINT LEAD ARRANGERS AND JOINT BOOK MANAGERS: CITIGROUP GLOBAL MARKETS INC., DNB MARKETS, INC., DEUTSCHE BANK SECURITIES INC., AND HSBC SECURITIES (USA) INC. TABLE OF CONTENTS Page ARTICLE I DEFINITIONS AND ACCOUNTING TERMS 1 SECTION 1.01. Certain Defined Terms 1 SECTION 1.02. Computation of Time Periods 33 SECTION 1.03. Accounting Terms 33 SECTION 1.04. Miscellaneous 34 ARTICLE II AMOUNT AND TERMS OF THE ADVANCES AND LETTERS OF CREDIT 34 SECTION 2.01. The Advances 34 SECTION 2.02. Making the Advances 34 SECTION 2.03. Fees 36 SECTION 2.04. Repayment 36 SECTION 2.05. Interest 37 SECTION 2.06. Additional Interest on LIBOR Advances 37 SECTION 2.07. Interest Rate Determination and Protection 37 SECTION 2.08. Voluntary Conversion of Borrowings; Continuation of LIBOR Borrowings 38 SECTION 2.09. Prepayments 39 SECTION 2.10. Increased Costs; Capital LLC $225,000,000 HSBC Bank USAAdequacy, NA $225,000,000 Xxxxx Fargo Etc. 40 SECTION 2.11. Illegality 42 SECTION 2.12. Payments and Computations 43 SECTION 2.13. Taxes 44 SECTION 2.14. Sharing of Payments, Etc. 48 SECTION 2.15. Ratable Reduction or Termination of the Commitments; Effect of Termination 48 SECTION 2.16. Replacement of Bank; Additional Right to Terminate Commitments 48 SECTION 2.17. Certificates of Banks 50 SECTION 2.18. Letters of Credit 50 SECTION 2.19. Increase in Commitments 56 SECTION 2.20. Relationship Among Borrowers 57 SECTION 2.21. Defaulting Lenders 57 TABLE OF CONTENTS (continued) Page ARTICLE III CONDITIONS 59 SECTION 3.01. Conditions Precedent to Effectiveness 59 SECTION 3.02. Conditions Precedent to All Advances 60 SECTION 3.03. Conditions Precedent to Each Letter of Credit 61 SECTION 3.04. Determinations Under Sections 3.01, National Association $225,000,000 Bank 3.02, and 3.03 62 ARTICLE IV REPRESENTATIONS AND WARRANTIES 63 SECTION 4.01. Organization; Powers; Consents and Approvals 63 SECTION 4.02. Authorization; No Approvals; No Conflicts 63 SECTION 4.03. Due Execution and Delivery; Enforceability 63 SECTION 4.04. Financial Statements; No Material Adverse Effect 63 SECTION 4.05. Litigation 64 SECTION 4.06. ERISA 64 SECTION 4.07. Sanctions; Anti-Terrorism Laws; Anti-Money Laundering Laws; Anti-Corruption Laws 64 SECTION 4.08. Taxes 65 SECTION 4.09. Investment Company Act 66 SECTION 4.10. Margin Regulations 66 SECTION 4.11. No Default 66 SECTION 4.12. Compliance with Laws; Environmental Laws 66 SECTION 4.13. Insurance; Title to Properties 66 SECTION 4.14. No Agreements Could Have a Material Adverse Effect 67 SECTION 4.15. Accuracy of AmericaInformation 67 SECTION 4.16. No Violation of Governmental Requirements 67 SECTION 4.17. Citizenship and Rig Classification 67 SECTION 4.18. Ability to Pay in US Dollars 67 SECTION 4.19. Pari Passu Obligations 67 SECTION 4.20. Subsidiaries 68 ARTICLE V AFFIRMATIVE COVENANTS 68 SECTION 5.01. Reporting Requirements 68 SECTION 5.02. Compliance with Laws, N.A. $180,000,000 Mizuho BankPayment of Taxes, Ltd. $180,000,000 The Bank Material Obligations 71 TABLE OF CONTENTS (continued) Page SECTION 5.03. Use of TokyoProceeds 71 SECTION 5.04. Maintenance of Insurance; Contractual Indemnity 71 SECTION 5.05. Preservation of Corporate Existence, Etc. 72 SECTION 5.06. Visitation Rights 72 SECTION 5.07. Maintenance of Properties 72 SECTION 5.08. Operation of Business 72 SECTION 5.09. Books and Records 73 SECTION 5.10. Foreign Exchange Availability 73 SECTION 5.11. Addition of Loan Parties 73 SECTION 5.12. Further Assurances 74 SECTION 5.13. Post-Mitsubishi UFJClosing Covenant 74 ARTICLE VI NEGATIVE COVENANTS 75 SECTION 6.01. Financial Covenants 75 SECTION 6.02. Liens 75 SECTION 6.03. Debt 76 SECTION 6.04. Mergers, Ltd. $180,000,000 BNP Paribas $180,000,000 Standard Chartered Bank $115,000,000 Xxxxxxx Xxxxx Bank USA $95,000,000 Xxxxxx Xxxxxxx BankSales of Assets, N.A. $95,000,000 Australia and New Zealand Banking Group Limited $50,000,000 Bank Etc. 76 SECTION 6.05. Multiemployer Plans or Multiple Employer Plans 76 SECTION 6.06. Compliance with ERISA 76 SECTION 6.07. ERISA Liabilities 77 SECTION 6.08. Affiliate Transactions 77 SECTION 6.09. Business 77 SECTION 6.10. Use of ChinaProceeds; Margin Regulations 77 SECTION 6.11. Restrictions on Payment of Dividends, New York Branch $50,000,000Etc. 77 SECTION 6.12. Restricted Payments; Debt Redemptions 78 ARTICLE VII EVENTS OF DEFAULT 80 SECTION 7.01. Events of Default 80 SECTION 7.02. Application of Funds 82

BANKS AND ISSUING BANKS. CITIBANK, N.A.N. A., as a Bank and an Issuing Bank By: /s/ Xxxx Xxxxx Rxxxxx X. Xxxxxxx Name: Xxxx Xxxxx Rxxxxx X. Xxxxxxx Title: Attorney-In-Fact DNB CAPITAL LLC, as a Bank By: /s/ Xxxxxxx Xxxxxxxxx Name: Xxxxxxx Xxxxxxxxx Title: Senior Vice President By: /s/ Florianne Xxxxx Name: Florianne Xxxxx Title: First Vice President DNB BANK ASA, NEW YORK BRANCH, as an Issuing Bank By: /s/ Xxxxxxx Xxxxxxxxx Name: Xxxxxxx Xxxxxxxxx Title: Senior Vice President By: /s/ Florianne Xxxxx Name: Florianne Xxxxx Title: First Vice President XXXXX WXXXX FARGO BANK, NATIONAL ASSOCIATION, as a Bank and an Issuing Bank By: /s/ T. Xxxx Bxxxx Xxxxx Name: T. Xxxx Bxxxx Xxxxx Title: Managing Director DEUTSCHE DNB NOR BANK AG NEW YORK BRANCHASA, as a Bank and an Issuing Bank By: /s/ Xxxx X. Xxx Bxxxxxx Xxxxxxxxx Name: Xxxx X. Xxx Bxxxxxx Xxxxxxxxx Title: Senior Vice President By: /s/ Xxxxxxxx Xxxxxxx Stian Lovseth Name: Xxxxxxxx Xxxxxxx Stian Lovseth Title: Vice President THE BANK OF TOKYO MITSUBISHI UFJ, LTD., as a Bank By: /s/ Sxxxxxx Xxxxx Name: Sxxxxxx Xxxxx Title: Authorized Signatory HSBC BANK USA, NANATIONAL ASSOCIATION, as a Bank and an Issuing By: /s/ Wxxxxxx X. Edge III Name: Wxxxxxx X. Edge III Title: Managing Director BARCLAYS BANK PLC, as a Bank By: /s/ Jxxxxxxx Xxxxxx Xxxxx Name: Jxxxxxxx Xxxxxx Xxxxx Title: Relationship Director BANK OF AMERICA, N.A., as a Bank By: /s/ Xxxxxxx Xxxxxxxxx Gxxx Xxxxx Name: Xxxxxxx Xxxxxxxxx Gxxx Xxxxx Title: Vice President THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.SCOTLAND PLC, as a Bank By: /s/ Xxxxx Xxxxxx Jxxxx X. Xxxxxxxx Name: Xxxxx Xxxxxx Jxxxx X. Xxxxxxxx Title: Assistant Vice President MIZUHO COMPASS BANK, LTD., as a Bank By: /s/ Xxxx Mo Sxxxxx Xxxxxx Name: Xxxx Mo Sxxxxx Xxxxxx Title: Authorized Signatory BNP PARIBASSenior Vice President DEUTSCHE BANK AG NEW YORK BRANCH, as a Bank By: /s/ Axxx Xxxxxx Xxxxxxxxxxxxxx Name: Axxx Xxxxxx Xxxxxxxxxxxxxx Title: Managing Director By: /s/ Yxxxxx Xxxxxx Name: Yxxxxx Xxxxxx Title: Director BNP PARIBASMIZUHO CORPORATE BANK (USA), as a Bank By: /s/ Xxxxxx Xxxxxx-Bouvet Lxxx Mo Name: Xxxxxx Xxxxxx-Bouvet Lxxx Mo Title: Senior Vice President XXXXXXX XXXXX BANK USANATIXIS, as a Bank By: /s/ Xxxx Xxxxxx Lxxxx X. Xxxxxxx, III Name: Xxxx Xxxxxx Title: Authorized Signatory AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITEDLxxxx X. Xxxxxxx, as a Bank By: /s/ Xxxxxx Xxxxxx Name: Xxxxxx Xxxxxx Title: Director XXXXXX XXXXXXX BANK, N.A., as a Bank By: /s/ Xxxxxxx Xxxx Name: Xxxxxxx Xxxx Title: Authorized Signatory Standard Chartered Bank, as a New Bank By: /s/ Xxxxxx Xxxxxxx Name: Xxxxxx Xxxxxxx III Title: Managing Director Standard Chartered Bank, as a New Bank By: /s/ Xxxxx X. Xxxxx Liana Tchernysheva Name: Xxxxx X. Xxxxx Liana Tchernysheva Title: Associate Director SCHEDULE I PRICING GRID Rating Category: Lxxxx X Xxxxx XX Xxxxx XXX Xxxxx XX Xxxxx X X/X0 or Better A-/A3 BBB+/ Baa1 BBB/ Baa2 BBB-/ Baa3 or lower Applicable Margin for Base Rate Advances: 0.50% 0.75% 1.00% 1.25% 1.50% Applicable Margin for LIBOR Advances: 1.50% 1.75% 2.00% 2.25% 2.50% Commitment Fee: 0.15% 0.20% 0.25% 0.35% 0.50% SCHEDULE II APPLICABLE LENDING OFFICES; ADDRESSES FOR NOTICE Bank of China, NEW YORK BRANCH, as a New Bank By: /s/ Xxxxxxx Xx Name: Xxxxxxx Xx Title: Executive Vice President COMMITMENT SCHEDULE Commitments Bank Commitment Domestic Lending Office Eurodollar Lending Office Addresses for Notice (including email addresses) Citibank, N.A. $225,000,000 1000 Xxxxx Xxxx, OPS III Nxx Xxxxxx, Xxxxxxxx 00000 1000 Xxxxx Xxxx, OPS III Nxx Xxxxxx, Xxxxxxxx 00000 Credit Contact: Rxxxxx Xxxxxxx 300 Xxxxxxxxx Xx., 00xx Xxxxx Xxx Xxxx, XX 00000 Tel: 200-000-0000 Fax: 200-000-0000 Administrative Contact: Cxxxxxx Xxxxxxx 1000 Xxxxx Xxxx OPS III Nxx Xxxxxx, XX 00000 Tel: 300-000-0000 Fax: 200-000-0000 Issuing Bank Contact: Exxxxxxxx X'Xxxxx 300 Xxxxxxxxx Xx, 00xx Xxxxx Xxx Xxxx, XX 00000 Tel: (000) 000-0000 Fax: (000) 000-0000 Wxxxx Fargo Bank, National Association 1000 Xxxxxxxxx, 0xx Xxxxx Xxxxxxx, Xxxxx 00000 1000 Xxxxxxxxx, 0xx Xxxxx Xxxxxxx, Xxxxx 00000 Credit Contact: Mxxxxxx Xxxxx / Bxxxx Xxxxx 1000 Xxxxxxxxx, 0xx Xxxxx Xxxxxxx, Xxxxx 00000 Tel: 700-000-0000 / 1957 Fax: 700-000-0000 Administrative Contact: Exxxxxxxx Xxxxxx 1000 Xxxxxxxx XXX X0000-000 Xxxxxx, XX 00000 Tel: 300-000-0000 Fax: 300-000-0000 Issuing Bank Contact: Exxxxxxxx Xxxxxx 1000 Xxxxxxxx XXX X0000-000 Xxxxxx, XX 00000 Tel: 300-000-0000 Fax: 300-000-0000 DnB NOR Bank ASA 200 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 200 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Credit Contact: Stian Lovseth / Bxxxxxx Xxxxxxxxx 200 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Tel: (000) 000-0000 / 3859 Fax: (000) 000-0000 Administrative Contact: Mxxxxxxxx Xxxxx / Cxxxx-Xxxxxx Xxxxxxxx 200 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Tel: (000) 000-0000 / 3822 Fax: (000) 000-0000 Issuing Bank Contact: Mxxxxxxxx Xxxxx 200 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Tel: (000) 000-0000 Fax: (000) 000-0000 The Bank of Tokyo Mitsubishi UFJ, Ltd. 1000 Xxxxxx xx xxx Xxxxxxxx XX, XX 00000-0000 1000 Xxxxxx xx xxx Xxxxxxxx XX, XX 00000-0000 Credit Contact: Jxxx XxXxxxxx 1000 Xxxxxxxxx Xx., Xxx. 0000 Xxxxxxx, XX 00000 Tel: 700-000-0000 Fax: 700-000-0000 Administrative Contact: Jxxxx Xxxxxxx 1251 Avenue of the Axxxxxxx, 00xx Xxxxx Xxx Xxxx, XX 00000-0000 Tel: 200-000-0000 Fax: 200-000-0000 HSBC Bank USA, National Association 400 Xxxxx Xxxxxx 0xx Xxxxx Xxx Xxxx, XX 00000 400 Xxxxx Xxxxxx 0xx Xxxxx Xxx Xxxx, XX 00000 Credit Contact: Mxxxxxxx Xxxxxxx/Nadelina A Naydenova 400 Xxxxx Xxxxxx X-0 Xxx Xxxx, XX 00000 Tel: 200-000-0000/5394 Fax: 200-000-0000/6581 Administrative Contact: Axx Xxxxxxx 1 XXXX Xxxxxx, 00xx Xxxxx Xxxxxxx, XX 00000 Tel: 700-000-0000 Fax: 700-000-0000 Barclays Bank PLC Uxxxx Xxxxx, 0 Xxxxx Xxxx Xxxxxxxx Xxxxxxxx XX00 0XX N/A Credit Contact: Axxxxx Xxxx/Jxxxxxxx Xxxxxx Uxxxx Xxxxx 0 Xxxxx Xxxx Xxxxxxxx XX00 0XX Tel: 0044122481-6211/6204 Fax: 00000000000000 Administrative Contact: Axxxxxxx Xxx 3 Xxxxxx Xxxxxx #00-00 Xxxxxxx Xxx Tel: +0000000000 Fax: +000000000000 Bank of America, N.A. 900 Xxxx Xxxxxx, 00xx Xxxxx Xxxxxx, XX 00000-0000 900 Xxxx Xxxxxx, 00xx Xxxxx Xxxxxx, XX 00000-0000 Credit Contact: Gxxx Xxxxx 700 Xxxxxxxxx, 0xx Xxxxx Xxxxxxx, XX 00000 Tel: 700-000-0000 Fax: 700-000-0000 Administrative Contact: Sxxxxxx Xxxxx Jaiswal 2000 Xxxxxxx Xx, Xxxx B Concord, CA 94520 Tel: 415-436-3695 ext. 64344 Fax: 900-000-0000 Bank of Scotland plc 1000 Xxxxxx xx xxx Xxxxxxxx Xxx Xxxx, XX 00000 1000 Xxxxxx xx xxx Xxxxxxxx Xxx Xxxx, XX 00000 Credit Contact: Mxxxxxx Xxxxx/Ixxx Xxxxxx One City Centre 1000 Xxxx Xxxxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Tel: 800-000-0000/9855 Fax: 700-000-0000 Administrative Contact: Vxxxxxxx XxXxxxxx, Exxxxxxxx Xxxxxxx, Wxxxxx Xxx and Sxxxx X'Xxxxxx 1095 Avenue of the Axxxxxxx, 00xx Xxxxx Xxx Xxxx, XX 00000 Tel: 200-000-0000, 0845, 0874, 0856 Fax: 200-000-0000 Compass Bank 8000 X. Xxxxxxx Xxxxxxxxxx, #000 Xxxxxx, XX 00000 8000 X. Xxxxxxx Xxxxxxxxxx, #000 Xxxxxx, XX 00000 Credit Contact: Rxxxxxx Xxxxxxxx 8000 X. Xxxxxxx Xxxxxxxxxx #000 Xxxxxx, XX 00000 Tel: 200-000-0000 Fax: Administrative Contact: Dxxxxxx Xxxxxxxx 8000 X. Xxxxxxx Xxxxxxxxxx, Xxx. 000 Xxxxxx, XX 00000 Tel: 200-000-0000 Fax: 800-000-0000 Deutsche Bank AG New York Branch $225,000,000 DNB Capital 60 Xxxx Xxxxxx Xxx Xxxx, XX 00000 60 Xxxx Xxxxxx Xxx Xxxx, XX 00000 Credit Contact: LxXxxx Xxxx 60 Xxxx Xxxxxx, Xxxxx 00 Xxx Xxxx, XX 00000 Tel: 200-000-0000 Fax: 200-000-0000 Administrative Contact: Lxx Xxxxxx 5000 Xxxx Xxxxxxx Xxxxx 000 Xxxxxxxxxxxx, XX 00000 Tel: 900-000-0000 Fax: 800-000-0000 Mizuho Corporate Bank (USA) 1251 Avenue of the Americas New York, N.Y. 10020-1104 1251 Avenue of the Americas New York, N.Y. 10000-0000 Credit Contact: Sxxxx Xxxxxxxx/Azlan Ahmad 1251 Avenue of the Americas Nxx Xxxx, X.X. 00000-0000 Tel: 200-000-0000/3414 Fax: 200-000-0000 Administrative Contact: Dxxx Xxxxxxxxx/Hxxxxxxx Xxxxx 1800 Plaza Ten Hxxxxxxxxx Xxxxxxxxx Xxx Xxxxxx Xxxx, X.X. 00000 Tel: 200-000-0000/9416 Fax: 200-000-0000 Natixis 300 Xxxx Xxxxxx, Xxxxx 0000 Xxxxxxx, XX 00000 300 Xxxx Xxxxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Credit Contact: Cxxxxx Xxxxxxxxx 300 Xxxx Xxxxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Tel: 700-000-0000 Fax: 700-000-0000 Administrative Contact: Jxxxxx Xxxxxxxxx 300 Xxxx Xxxxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Tel: 200-000-0000 Fax: 700-000-0000 SCHEDULE III EXISTING LETTERS OF CREDIT None. SCHEDULE IV EXISTING LIENS Debtor Secured Party Jurisdiction of Filing Date of Filing Type of Lien or Reference No. Description of Collateral ENSCO International Incorporated HERC Exchange, LLC $225,000,000 HSBC Bank USADelaware 10/25/05 UCC, NA $225,000,000 Xxxxx Fargo BankFile No. 53308518 Specific equipment ENSCO International Incorporated HERC Exchange, National Association $225,000,000 Bank LLC Delaware 12/13/05 UCC, File No. 53860229 Specific equipment ENSCO International Incorporated HERC Exchange, LLC Delaware 1/16/06 UCC, File No. 60157909 Specific equipment ENSCO International Incorporated HERC Exchange, LLC Delaware 6/05/06 UCC, File No. 61890466 Specific equipment ENSCO International Incorporated Xerox Corporation Delaware 10/27/06 UCC, File No. 63761673 Specific equipment ENSCO International Incorporated HERC Exchange, LLC Delaware 12/11/06 UCC, File No. 64326013 Specific equipment ENSCO International Incorporated Xerox Corporation Delaware 12/26/07 UCC, File No. 74862792 Specific equipment ENSCO Deepwater LLC United States of America, N.A. $180,000,000 Mizuho BankSecretary of Transportation Delaware 3/04/09 UCC, Ltd. $180,000,000 The Bank File No. 90682994 ENSCO 7500 ENSCO (Barbados) Limited United States of TokyoAmerica, Secretary of Transportation District of Columbia 05/01/03 UCC, File No. 2003052205 ENSCO 105 ENSCO Deepwater LLC United States of America (MarAd) Liberia 03/05/09 Vessel mortgage, Book PM61, Page 112 ENSCO 7500 ENSCO (Barbados) Limited United States of America Liberia 10/08/02 Vessel mortgage, Book PM 54, Page 516 as assigned by Mortgage Assignment, Book PM 55, Page 233. ENSCO 105 SCHEDULE V RIGS ENSCO MOBILE OFFSHORE DRILLING UNITS AS OF APRIL 30, 2010 NAME FORMER OWNER CURRENT OWNER FLAG HOME PORT OFFICIAL NO. I. JXXX-Mitsubishi UFJUP RIGS ENSCO 52 ENSCO Offshore Company ENSCO Global GmbH Liberian Monrovia, Ltd. $180,000,000 BNP Paribas $180,000,000 Standard Chartered Bank $115,000,000 Liberia 9385 ENSCO 53 ENSCO Offshore International Company Liberian Mxxxxxxx, Xxxxxxx Xxxxx Bank USA $95,000,000 00000 ENSCO 54 ENSCO Offshore Company Liberian Mxxxxxxx, Xxxxxxx 00000 ENSCO 56 ENSCO Oceanics Intl. Co. ENSCO Offshore International Holdings Limited Liberian Monrovia, Liberia 10605 ENSCO 60 ENSCO Offshore Company ENSCO Global GmbH Liberian Monrovia, Liberia 8697 ENSCO 67 ENSCO Offshore Intl. Co. ENSCO Offshore International Holdings Limited Liberian Monrovia, Liberia 12140 ENSCO 68 ENSCO Offshore Company EXXXX Xxxxxx XxxX Xxxxxxxx Xxxxxxxx, Xxxxxxx Bank00000 ENSCO 691 ENSCO Offshore Company Liberian Mxxxxxxx, N.A. $95,000,000 Australia Xxxxxxx 00000 ENSCO 70 ENSCO Offshore Company Bahamas Nassau, Bahamas 725305 ENSCO 71 ENSCO Offshore Company Bahamas Nassau, Bahamas 725304 ENSCO 72 ENSCO Offshore Company Bahamas Nassau, Bahamas 704622 ENSCO 75 ENSCO Offshore Company EXXXX Xxxxxx XxxX Xxxxxxxx Xxxxxxxx, Xxxxxxx 00000 ENSCO 76 ENSCO Offshore International Company Liberian Mxxxxxxx, Xxxxxxx 00000 ENSCO 80 ENSCO Offshore International Company Bahamas Nassau, Bahamas 724944 1 Notwithstanding the ENSCO 69 being shown as a “Rig” owned by ENSCO Offshore Company, Ensco contends that the rig was seized and expropriated by the government of the Bolivarian Republic of Venezuela or its state-owned oil company, Petróleo de Venezuela S.A. ENSCO 81 ENSCO Offshore Company EXXXX Xxxxxx XxxX Xxxxxxxx Xxxxxxxx, Xxxxxxx 00000 ENSCO 822 ENSCO Offshore Company ENSCO Deepwater LLC U.S. New Zealand Banking Group Orleans 602912 ENSCO 83 ENSCO Offshore Company EXXXX Xxxxxx XxxX Xxxxxxxx Xxxxxxxx, Xxxxxxx 00000 ENSCO 84 ENSCO Offshore Company EXXXX Xxxxxx XxxX Xxxxxxxx Xxxxxxxx, Xxxxxxx 00000 ENSCO 85 ENSCO Offshore International Company Bahamas Nassau, Bahamas 724945 ENSCO 862 ENSCO Offshore Company ENSCO Deepwater LLC U.S. New Orleans 643110 ENSCO 872 ENSCO Offshore Company ENSCO Deepwater LLC U.S. New Orleans 648969 ENSCO 88 ENSCO Offshore International Company Liberian Mxxxxxxx, Xxxxxxx 00000 ENSCO 89 ENSCO Offshore Company EXXXX Xxxxxx XxxX Xxxxxxxx Xxxxxxxx, Xxxxxxx 00000 ENSCO 902 ENSCO Offshore Company ENSCO Deepwater LLC U.S. New Orleans 647859 ENSCO 92 ENSCO Offshore International Company Bahamas Nassau, Bahamas 724946 ENSCO 93 ENSCO Offshore Company EXXXX Xxxxxx XxxX Xxxxxxxx Xxxxxxxx, Xxxxxxx 00000 ENSCO 94 ENSCO Offshore International Company Liberian Mxxxxxxx, Xxxxxxx 00000 ENSCO 95 ENSCO Offshore International Company Liberian Mxxxxxxx, Xxxxxxx 00000 ENSCO 96 ENSCO Offshore International Company Liberian Monrovia, Liberia 9400 ENSCO 97 ENSCO Offshore Intl. Co. ENSCO Offshore International Holdings Limited $50,000,000 Bank Liberian Monrovia, Liberia 8910 ENSCO 98 ENSCO Offshore Company EXXXX Xxxxxx XxxX Xxxxxxxx Xxxxxxxx, Xxxxxxx 00000 ENSCO 900 XXXXX Xxxxxxxx Xxxxxxx X.X. Xxx Xxxxxxx 000000 ENSCO 100 ENSCO Offshore Intl. Co. ENSCO Offshore International Holdings Limited Liberian Monrovia, Liberia 9436 ENSCO 101 ENSCO Offshore Intl. Co. ENSCO Offshore International Holdings Limited Liberian Monrovia, Liberia 11107 ENSCO102 ENSCO Offshore Intl. Co. ENSCO Offshore International Holdings Limited Liberian Monrovia, Liberia 11415 ENSCO 104 ENSCO Offshore International Inc. Liberian Mxxxxxxx, Xxxxxxx 00000 EXXXX 000 XXXXX (Xxxxxxxx) Limited Liberian Mxxxxxxx, Xxxxxxx 00000 XXXXX 106 ENSCO Offshore Intl. Co. ENSCO Offshore International Holdings Limited Liberian Monrovia, Liberia 11907 ENSCO 107 ENSCO Offshore Intl. Co. ENSCO Offshore International Holdings Limited Liberian Monrovia, Liberia 12638 ENSCO 108 ENSCO Offshore Intl. Co. ENSCO Offshore International Holdings Limited Liberian Mxxxxxxx, Xxxxxxx 00000 _________________________ 2 Steps are underway to delete these Rigs from U.S. registry and transfer them to Liberian registry in conjunction with the proposed transfer of China, New York Branch $50,000,000title to the Rigs to ENSCO Global GmbH.

BANKS AND ISSUING BANKS. CITIBANK, N.A., as a Bank and an Issuing Bank By: /s/ Xxxx Xxxxx Xxxxxxx X. Xxxxxxx Name: Xxxx Xxxxx Xxxxxxx X. Xxxxxxx Title: Attorney-In-Fact Vice President CITICORP NORTH AMERICA, INC., as an Affected Bank By: /s/ Xxxxxxx X. Xxxxxxx Name: Xxxxxxx X. Xxxxxxx Title: Vice President Signature Page to Commitment Increase Agreement and Sixth Amendment (Ensco) DNB CAPITAL LLC, as a an Affected Bank By: /s/ Xxxxxxxx Xxxxxxx Xxxxxxxxx Name: Xxxxxxxx Xxxxxxx Xxxxxxxxx Title: Senior First Vice President By: /s/ Florianne Xxxxx Xxxxxxx Xxxxxxx Name: Florianne Xxxxx Xxxxxxx Xxxxxxx Title: First Vice President DNB BANK ASA, NEW YORK BRANCH, as an Issuing Bank By: /s/ Xxxxxxxx Xxxxxxx Xxxxxxxxx Name: Xxxxxxxx Xxxxxxx Xxxxxxxxx Title: Senior First Vice President By: /s/ Florianne Xxxxx Xxxxxxx Xxxxxxx Name: Florianne Xxxxx Xxxxxxx Xxxxxxx Title: First Vice President Signature Page to Commitment Increase Agreement and Sixth Amendment (Ensco) XXXXX FARGO BANK, NATIONAL ASSOCIATION, as a an Affected Bank and an Issuing Bank By: /s/ T. Xxxx Xxxxx Name: T. Xxxx Xxxxx Title: Managing Director Signature Page to Commitment Increase Agreement and Sixth Amendment (Ensco) DEUTSCHE BANK AG NEW YORK BRANCH, as a an Affected Bank and an Issuing Bank By: /s/ Xxxx X. Xxx Name: Xxxx X. Xxx Title: Vice President Director By: /s/ Xxxxxxxx Xxxxxxx Name: Xxxxxxxx Xxxxxxx Title: Vice President Signature Page to Commitment Increase Agreement and Sixth Amendment (Ensco) HSBC BANK USA, NAN.A., as a an Affected Bank and an Issuing Bank By: /s/ Xxxxxx Xxxxx Xxxxxxxx Name: Xxxxxx Xxxxx Xxxxxxxx Title: Director BANK OF AMERICA, N.A., as a an Affected Bank By: /s/ Xxxxxxx Xxxxxxxxx Xxxxxxxxxxx XxXxxxx Name: Xxxxxxx Xxxxxxxxx Xxxxxxxxxxx XxXxxxx Title: Vice President THE BANK OF TOKYO-MITSUBISHI UFJDirector MUFG BANK, LTD., as a Bank By: /s/ Xxxxx Xxxxxx Name: Xxxxx Xxxxxx Title: Vice President MIZUHO BANK, LTD., as a Bank By: /s/ Xxxx Mo Name: Xxxx Mo Title: Authorized Signatory Signature Page to Commitment Increase Agreement and Sixth Amendment (Ensco) BNP PARIBAS, as a Bank By: /s/ Xxxxxx Xxxxxxxxxxxxxx Name: Xxxxxx Xxxxxxxxxxxxxx Title: Director BNP PARIBAS, as a Bank By: /s/ Xxxxxx Xxxxxx-Bouvet Xxxxxxxx Name: Xxxxxx Xxxxxx-Bouvet Xxxxxxxx Title: Vice President Managing Director XXXXXXX XXXXX SACHS BANK USA, as a Specified Increasing Bank By: /s/ Xxxx Xxxxxx Name: Xxxx Xxxxxx Title: Authorized Signatory Signature Page to Commitment Increase Agreement and Sixth Amendment (Ensco) AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED, as a Bank By: /s/ Xxxxxx Xxxxxx Name: Xxxxxx Xxxxxx Title: Director Signature Page to Commitment Increase Agreement and Sixth Amendment (Ensco) XXXXXX XXXXXXX BANKSENIOR FUNDING, N.A.INC., as a Bank By: /s/ Xxxxxxx Xxxx Xxxxx Name: Xxxxxxx Xxxx Xxxxx Title: Authorized Signatory Standard Chartered BankVice President STANDARD CHARTERED BANK, as a Bank By: Name: Title: Signature Page to Commitment Increase Agreement and Sixth Amendment (Ensco) BANK OF CHINA, NEW YORK BRANCH, as a Bank By: Name: Title: Signature Page to Commitment Increase Agreement and Sixth Amendment (Ensco) SKANDINAVISKA ENSKILDA XXXXXX XX (PUBL), as a Bank By: /s/ Elisabeth Vesseler, Per Xxxx Xxxxxxx-Xxxxxxxxxxx Name: Elisabeth Vesseler Title: Attorney-at-law Signature Page to Commitment Increase Agreement and Sixth Amendment (Ensco) NIBC BANK N.V., as a Bank By: /s/ Aitlde Ridder Name: Aitlde Ridder Title: Associate Director By: /s/ Sven de Veij Name: Sven de Veij Title: Managing Director BARCLAYS BANK PLC, as a New Bank By: /s/ Sydney X. Xxxxxx Name: Sydney X. Xxxxxx Title: Director Signature Page to Commitment Increase Agreement and Sixth Amendment (Ensco) M&T BANK, as a New Bank By: /s/ Xxxxxx Xxxxxxx Name: Xxxxxx Xxxxxxx Title: Managing Director Standard Chartered BankSenior Vice President BANC OF AMERICA CREDIT PRODUCTS INC., as a New Bank By: /s/ Xxxxx X. Xxxxx Name: Xxxxx X. Xxxxx Title: Associate Director Bank of China, NEW YORK BRANCH, as a New Bank By: /s/ Xxxxxxx Xx Name: Xxxxxxx Xx Title: Executive Vice President COMMITMENT SCHEDULE Commitments Bank Signature Page to Commitment Citibank, N.A. $225,000,000 Deutsche Bank AG New York Branch $225,000,000 DNB Capital LLC $225,000,000 HSBC Bank USA, NA $225,000,000 Xxxxx Fargo Bank, National Association $225,000,000 Bank of America, N.A. $180,000,000 Mizuho Bank, Ltd. $180,000,000 The Bank of TokyoIncrease Agreement and Sixth Amendment (Ensco) ANNEX I-Mitsubishi UFJ, Ltd. $180,000,000 BNP Paribas $180,000,000 Standard Chartered Bank $115,000,000 Xxxxxxx Xxxxx Bank USA $95,000,000 Xxxxxx Xxxxxxx Bank, N.A. $95,000,000 Australia and New Zealand Banking Group Limited $50,000,000 Bank of China, New York Branch $50,000,000A

BANKS AND ISSUING BANKS. CITIBANK, N.A., as a Bank and an Issuing Bank By: /s/ Xxxx Xxxxx Xxxxxxx Xxxxxxx Name: Xxxx Xxxxx Xxxxxxx Xxxxxxx Title: Attorney-In-Fact Vice President DNB CAPITAL LLC, as a Bank By: /s/ Xxxxxxx Xxxxxxxxx Name: Xxxxxxx Xxxxxxxxx Title: Senior Vice President By: /s/ Florianne Xxxxx Xxxxxxxx Xxxxxxx Name: Florianne Xxxxx Xxxxxxxx Xxxxxxx Title: First Vice President DNB BANK ASA, NEW YORK BRANCH, as an Issuing Bank By: /s/ Xxxxxxx Xxxxxxxxx Name: Xxxxxxx Xxxxxxxxx Title: Senior Vice President By: /s/ Florianne Xxxxx Xxxxxxxx Xxxxxxx Name: Florianne Xxxxx Xxxxxxxx Xxxxxxx Title: First Vice President XXXXX FARGO BANK, NATIONAL ASSOCIATION, as a Bank and an Issuing Bank By: /s/ T. Xxxx Xxxxx W. Xxxxxx Xxxxxxx Name: T. Xxxx Xxxxx W. Xxxxxx Xxxxxxx Title: Managing Director Assistant Vice President DEUTSCHE BANK AG NEW YORK BRANCH, as a Bank and an Issuing Bank By: /s/ Xxxx X. Xxx Name: Xxxx X. Xxx Title: Vice President Director By: /s/ Xxxxxxxx Xxxxxxx Name: Xxxxxxxx Xxxxxxx Title: Vice President HSBC BANK USA, NA, as a Bank and an Issuing Bank By: /s/ Xxxxxx Xxxxx Name: Xxxxxx Xxxxx Title: Director BANK OF AMERICA, N.A., as a Bank By: /s/ Xxxxxxx Xxxxxxxxx Name: Xxxxxxx Xxxxxxxxx Title: Vice President Director THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., as a Bank By: /s/ Xxxxx Xxxxxx Name: Xxxxx Xxxxxx Title: Vice President Director MIZUHO BANK, LTD., as a Bank By: /s/ Xxxx Mo Name: Xxxx Mo Title: Authorized Signatory BNP PARIBAS, as a Bank By: /s/ Xxxxxx Xxxxxxxxxxxxxx Name: Xxxxxx Xxxxxxxxxxxxxx Title: Director BNP PARIBAS, as a Bank By: /s/ Xxx Xxxxxx Xxxxxx-Bouvet Name: Xxx Xxxxxx Xxxxxx-Bouvet Title: Vice President Managing Director XXXXXXX XXXXX SACHS BANK USA, as a Bank By: /s/ Xxxx Xxxxxx Xxxxx Xx Name: Xxxx Xxxxxx Xxxxx Xx Title: Authorized Signatory AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED, as a Bank By: /s/ Xxxxxx Xxxxxx Name: Xxxxxx Xxxxxx Title: Director XXXXXX XXXXXXX BANK, N.A., as a Bank By: /s/ Xxxxxxx Xxxx Xxxxxx Name: Xxxxxxx Xxxx Xxxxxx Title: Authorized Signatory Standard Chartered BankSTANDARD CHARTERED BANK, as a New Bank By: /s/ Xxxxxx Xxxxxxx Name: Xxxxxx Xxxxxxx Title: Managing Director Standard Chartered Bank, as a New Bank By: /s/ Xxxxx X. Xxxxx Name: Xxxxx X. Xxxxx Title: Associate Director Bank of ChinaBANK OF CHINA, NEW YORK BRANCH, as a New Bank By: /s/ Xxxxxxx Xx Name: Xxxxxxx Xx Title: Executive Vice President COMMITMENT SCHEDULE Commitments Bank Commitment EXHIBIT I FORM OF RATIFICATION AGREEMENT This RATIFICATION AGREEMENT, dated as of [_____] (this “Agreement”), is by and between [Pride International, LLC]1, a Delaware limited liability company, (“Pride”) and Citibank, N.A. $225,000,000 Deutsche Bank AG New York Branch $225,000,000 DNB Capital LLC $225,000,000 HSBC Bank USA(“Citibank”), NA $225,000,000 Xxxxx Fargo Bankas administrative agent (in such capacity, National Association $225,000,000 Bank the “Administrative Agent”), for the benefit of Americathe holders of the Obligations (as defined in the Credit Agreement as defined below). A Reference is made to the Fourth Amended and Restated Credit Agreement dated as of May 7, N.A. $180,000,000 Mizuho Bank2013, Ltd. $180,000,000 The Bank as amended by the First Amendment to Fourth Amended and Restated Agreement dated as of Tokyo-Mitsubishi UFJSeptember 30, Ltd. $180,000,000 BNP Paribas $180,000,000 Standard Chartered Bank $115,000,000 Xxxxxxx Xxxxx Bank USA $95,000,000 Xxxxxx Xxxxxxx Bank2014, N.A. $95,000,000 Australia the Second Amendment to Fourth Amended and New Zealand Banking Group Limited $50,000,000 Bank Restated Credit Agreement dated as of ChinaMarch 9, New York Branch $50,000,0002015, and the Third Amendment to Fourth Amended and Restated Credit Agreement dated as of July 1, 2016 (as so amended, and as further amended, supplemented, or otherwise modified, the “Credit Agreement”) among Ensco plc, an English public limited company (the “Parent”), and Pride (together with the Parent, the “Borrowers”), the Banks party thereto (the “Banks”), and the Administrative Agent. Capitalized terms used but not defined herein shall have the meanings given such terms in the Credit Agreement.

BANKS AND ISSUING BANKS. CITIBANK, N.A., as a Bank and an Issuing Bank By: /s/ Xxxx Xxxxx Xxxxxxx Xxxxxxxxx Name: Xxxx Xxxxx Xxxxxxx Xxxxxxxxx Title: Attorney-In-Fact Vice President DNB CAPITAL LLC, as a Bank By: /s/ Xxxxxxxx Xxxxxxx Xxxxxxxxx Name: Xxxxxxxx Xxxxxxx Xxxxxxxxx Title: Senior Vice President By: /s/ Florianne Xxxxx Xxxxxxx Xxxxxx Name: Florianne Xxxxx Xxxxxxx Xxxxxx Title: First Vice President DNB BANK ASA, NEW YORK BRANCH, as an Issuing Bank By: /s/ Xxxxxxxx Xxxxxxx Xxxxxxxxx Name: Xxxxxxxx Xxxxxxx Xxxxxxxxx Title: Senior Vice President By: /s/ Florianne Xxxxx Xxxxxxx Xxxxxx Name: Florianne Xxxxx Xxxxxxx Xxxxxx Title: First Vice President XXXXX FARGO BANK, NATIONAL ASSOCIATION, as a Bank and an Issuing Bank By: /s/ T. Xxxx Xxxxx Name: T. Xxxx Xxxxx Title: Managing Director DEUTSCHE BANK AG NEW YORK BRANCH, as a Bank and an Issuing Bank By: /s/ Xxxx X. X Xxx Name: Xxxx X. X Xxx Title: Vice President Director By: /s/ Xxxxxxxx Xxxxx Xxxxxxx Name: Xxxxxxxx Xxxxx Xxxxxxx Title: Vice President Managing Director HSBC BANK USA, NA, as a Bank and an Issuing Bank By: /s/ Xxxxxx Xxxxx Xxxx X. Xxxxxxxx Name: Xxxxxx Xxxxx Xxxx X. Xxxxxxxx Title: Managing Director BANK OF AMERICA, N.A., as a Bank By: /s/ Xxxxxxx Xxxxxxxxx Name: Xxxxxxx Xxxxxxxxx Title: Vice President Director THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., as a Bank By: /s/ Xxxxx Xxxxxx Name: Xxxxx Xxxxxx Title: Vice President MIZUHO BANK, LTD., as a Bank By: /s/ Xxxx Mo Name: Xxxx Mo Title: Authorized Signatory BNP PARIBAS, as a Bank By: /s/ Xxxxxx Xxxxxxxxxxxxxx Name: Xxxxxx Xxxxxxxxxxxxxx Title: Director BNP PARIBAS, as a Bank By: /s/ Xxx Xxxxxx Xxxxxx-Bouvet Name: Xxx Xxxxxx Xxxxxx-Bouvet Title: Vice President Managing Director By: /s/ Xxxxxxx Xxxxxx Name: Xxxxxxx Xxxxxx Title: Director XXXXXXX XXXXX SACHS BANK USA, as a Bank By: /s/ Xxxx Xxxxxx Xxxxx Xxxxxxx Name: Xxxx Xxxxxx Xxxxx Xxxxxxx Title: Authorized Signatory AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED, as a Bank By: /s/ Xxxxxx Xxxxxx Name: Xxxxxx Xxxxxx Title: Director XXXXXX XXXXXXX BANK, N.A., as a Bank By: /s/ Xxxxxxx Xxxx Xxxxxx Name: Xxxxxxx Xxxx Xxxxxx Title: Authorized Signatory Standard Chartered BankSTANDARD CHARTERED BANK, as a New Bank By: /s/ Xxxxxx Xxxxxxx Name: Xxxxxx Xxxxxxx Title: Managing Director Standard Chartered Bank, as a New Bank By: /s/ Xxxxx X. Xxxxx Name: Xxxxx X. Xxxxx Title: Associate Director Bank of China, NEW YORK BRANCH, as a New Bank By: /s/ Xxxxxxx Xx Name: Xxxxxxx Xx Title: Executive Vice President COMMITMENT SCHEDULE Commitments Bank Commitment Citibank, N.A. $225,000,000 Deutsche Bank AG New York Branch $225,000,000 DNB Capital LLC $225,000,000 HSBC Bank USA, NA $225,000,000 Xxxxx Fargo Bank, National Association $225,000,000 Bank of America, N.A. $180,000,000 Mizuho Bank, Ltd. $180,000,000 The Bank of Tokyo-Mitsubishi UFJ, Ltd. $180,000,000 BNP Paribas $180,000,000 Standard Chartered Bank $115,000,000 Xxxxxxx Xxxxx Bank USA $95,000,000 Xxxxxx Xxxxxxx Bank, N.A. $95,000,000 Australia and New Zealand Banking Group Limited $50,000,000 Bank of China, New York Branch $50,000,000Director

BANKS AND ISSUING BANKS. CITIBANK, N.A., as a Bank and an Issuing Bank By: /s/ Xxxx Xxxxx Xxxxxxx Xxxxxxx Name: Xxxx Xxxxx Xxxxxxx Xxxxxxx Title: Attorney-In-Fact Vice President DNB CAPITAL LLC, as a Bank By: /s/ Xxxxxxx Xxxxxxxxx Name: Xxxxxxx Xxxxxxxxx Title: Senior Vice President By: /s/ Florianne Xxxxx Xxxxxxx Xxxxxx Name: Florianne Xxxxx Xxxxxxx Xxxxxx Title: First Senior Vice President DNB BANK ASA, NEW YORK BRANCH, as an Issuing Bank By: /s/ Xxxxxxx Xxxxxxxxx Name: Xxxxxxx Xxxxxxxxx Title: Senior Vice President By: /s/ Florianne Xxxxx Xxxxxxx Xxxxxx Name: Florianne Xxxxx Xxxxxxx Xxxxxx Title: First Senior Vice President XXXXX FARGO BANK, NATIONAL ASSOCIATION, as a Bank and an Issuing Bank By: /s/ T. Xxxx Xxxxx Name: T. Xxxx Xxxxx Title: Managing Director DEUTSCHE BANK AG NEW YORK BRANCH, as a Bank and an Issuing Bank By: /s/ Xxxx X. Xxx Name: Xxxx X. Xxx Title: Vice President By: /s/ Xxxxxxxx Xxxxxxx Name: Xxxxxxxx Xxxxxxx Title: Vice President By: /s/ Xxxx X. XxXxxx Name: Xxxx X. XxXxxx Title: Director HSBC BANK USA, NA, as a Bank and an Issuing Bank By: /s/ Xxxxxx Xxxxx Name: Xxxxxx Xxxxx Title: Director #20290 BANK OF AMERICA, N.A., as a Bank By: /s/ Xxxxxxx Xxxxxxxxx Name: Xxxxxxx Xxxxxxxxx Title: Vice President THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., as a Bank By: /s/ Xxxxx Xxxxxxx X. Xxxxxx Name: Xxxxx Xxxxxxx X. Xxxxxx Title: Vice President Managing Director MIZUHO BANK, LTD., as a Bank By: /s/ Xxxx Mo Name: Xxxx Mo Title: Authorized Signatory BNP PARIBAS, as a Bank By: /s/ Xxx Xxxxxx Xxxxxxxxxxxxxx Name: Xxx Xxxxxx Xxxxxxxxxxxxxx Title: Managing Director BNP PARIBAS, as a Bank By: /s/ Xxxxxx Xxxxxx-Bouvet Name: Xxxxxx Xxxxxx-Bouvet Title: Vice President XXXXXXX XXXXX SACHS BANK USA, as a Bank By: /s/ Xxxx Xxxxxx Xxxxx Xxxxxxx Name: Xxxx Xxxxxx Xxxxx Xxxxxxx Title: Authorized Signatory AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED, as a Bank By: /s/ Xxxxxx Xxxxxx Xxxxxxx Xxxxx Name: Xxxxxx Xxxxxx Xxxxxxx Xxxxx Title: Executive Director XXXXXX XXXXXXX BANK, N.A., as a Bank By: /s/ Xxxxxxx Xxxx Xxxxxxx Name: Xxxxxxx Xxxx Xxxxxxx Title: Authorized Signatory Standard Chartered BankSTANDARD CHARTERED BANK, as a New Bank By: /s/ Xxxxxx Xxxxxxx Name: Xxxxxx Xxxxxxx Title: Managing Director Standard Chartered Bank, as a New Bank By: /s/ Xxxxx X. Xxxxx Name: Xxxxx X. Xxxxx Title: Associate Director Standard Chartered Bank of ChinaNY BANK OF CHINA, NEW YORK BRANCH, as a New Bank By: /s/ Xxxxxxx Xx Name: Xxxxxxx Xx Title: Executive Vice President COMMITMENT SCHEDULE Commitments Bank Commitment Citibank, N.A. $225,000,000 Deutsche Bank AG New York Branch $225,000,000 DNB Capital LLC $225,000,000 HSBC Bank USA, NA $225,000,000 Xxxxx Fargo Bank, National Association $225,000,000 Bank of America, N.A. $180,000,000 Mizuho Bank, Ltd. $180,000,000 The Bank of Tokyo-Mitsubishi UFJ, Ltd. $180,000,000 BNP Paribas $180,000,000 Standard Chartered Bank $115,000,000 Xxxxxxx Xxxxx Bank USA $95,000,000 Xxxxxx Xxxxxxx Bank, N.A. $95,000,000 Australia and New Zealand Banking Group Limited $50,000,000 Bank of China, New York Branch $50,000,000President