Common use of Employment by the Company; Duties Clause in Contracts

Employment by the Company; Duties. The Company hereby agrees to employ the Executive for a term commencing on March 17, 1997, and expiring at the end of the day on March 16, 1998 (such date, or later date to which this Agreement is extended in accordance with the terms hereof, the "Termination Date"), unless earlier terminated as provided in Article 4 or unless extended as provided herein (the "Term"). The Term shall automatically be extended on the Termination Date and each anniversary thereof for successive one-year periods unless either party notifies the other on or before the date 90 days prior to the Termination Date that he or it desires to terminate the Agreement. During the Term, the Executive shall initially serve in the capacity of Vice President - Human Resources of the Company and shall also serve in those offices and directorships of subsidiary corporations or entities of the Company to which he may from time to time be appointed or elected. During the Term, the Executive shall devote all reasonable efforts and all of his business time and services to the Company, subject to the direction of the Board. The Executive shall not engage in any other business activities except for passive investments in corporations or partnerships not engaged in the oil or gas drilling or well servicing business.

Employment by the Company; Duties. The Company hereby agrees to employ the Executive for a term commencing on March September 17, 19971996, and expiring at the end of the day on March September 16, 1998 1997 (such date, or later date to which this Agreement is extended in accordance with the terms hereof, the "Termination Date"), unless earlier terminated as provided in Article 4 or unless extended as provided herein (the "Term"). The Term shall automatically be extended on the Termination Date and each anniversary thereof for successive one-year periods unless either party notifies the other on or before the date 90 days prior to the Termination Date that he or it desires to terminate the Agreement. During the Term, the Executive shall initially serve in the capacity of Vice President - Human Resources -- International Operations of the Company and shall also initially serve in those offices and directorships of subsidiary corporations or entities of the Company to which he may from time to time be appointed or elected. During the Term, the Executive shall devote all reasonable efforts and all of his business time and services to the Company, subject to the direction of the Board. The Executive shall not engage in any other business activities except for passive investments in corporations or partnerships not engaged in the oil or gas drilling or well servicing business.

Employment by the Company; Duties. The Company hereby agrees to employ the Executive for a term commencing on March 17October 1, 19971996, and expiring at the end of the day on March 16September 30, 1998 1997 (such date, or later date to which this Agreement is extended in accordance with the terms hereof, the "Termination Date"), unless earlier terminated as provided in Article 4 or unless extended as provided herein (the "Term"). The Term shall automatically be extended on the Termination Date and each anniversary thereof for successive one-year periods unless either party notifies the other on or before the date 90 days prior to the Termination Date that he or it desires to terminate the Agreement. During the Term, the Executive shall initially serve in the capacity of Sr. Vice President - Human Resources Domestic Operations of the Company and shall also serve in those offices and directorships of subsidiary corporations or entities of the Company to which he may from time to time be appointed or elected. During the Term, the Executive shall devote all reasonable efforts and all of his business time and services to the Company, subject to the direction of the Board. The Executive shall not engage in any other business activities except for passive investments in corporations or partnerships not engaged in the oil or gas drilling or well servicing serving business.

Employment by the Company; Duties. The Company hereby agrees to employ the Executive for a term commencing on March 17January 16, 19971999, and expiring at the end of the day on March 16January 15, 1998 2000 (such date, or later date to which this Agreement is extended in accordance with the terms hereof, the "Termination Date"), unless earlier terminated as provided in Article 4 or unless extended as provided herein (the "Term"). The Term shall automatically be extended on the Termination Date and each anniversary thereof for successive one-year periods unless either party notifies the other on or before the date 90 days prior to the Termination Date that he or it desires to terminate the Agreement. During the Term, the Executive shall initially serve in the capacity of Vice President - Human Resources Marketing of the Company and shall also serve in those offices and directorships of subsidiary corporations or entities of the Company to which he may from time to time be appointed or elected. During the Term, the Executive shall devote all reasonable efforts and all of his business time and services to the Company, subject to the direction of the Board. The Executive shall not engage in any other business activities except for passive investments in corporations or partnerships not engaged in the oil or gas drilling or well servicing business.

Employment by the Company; Duties. The Company hereby agrees to employ the Executive for a term commencing on March 17September 3, 19971996, and expiring at the end of the day on March 16September 2, 1998 (such date, or later date to which this Agreement is extended in accordance with the terms hereof, the "Termination Date"), unless earlier terminated as provided in Article 4 or unless extended as provided herein (the "Term"). The Term shall automatically be extended on the Termination Date and each anniversary thereof for successive one-year periods unless either party notifies the other on or before the date 90 days prior to the Termination Date that he or it desires to terminate the Agreement. During the Term, the Executive shall initially serve in the capacity of Vice President - Human Resources Operations of the Company and shall also serve in those offices and directorships of subsidiary corporations or entities of the Company to which he may from time to time be appointed or elected. During the Term, the Executive shall devote all reasonable efforts and all of his business time and services to the Company, subject to the direction of the Board. The Executive shall not engage in any other business activities except for passive investments in corporations or partnerships not engaged in the oil or gas drilling or well servicing business.

Employment by the Company; Duties. The Company hereby agrees to employ the Executive for a term commencing on March 17January 1, 19971998, and expiring at the end of the day on March 16January 1, 1998 1999 (such date, or later date to which this Agreement is extended in accordance with the terms hereof, the "Termination Date"), unless earlier terminated as provided in Article 4 or unless extended as provided herein (the "Term"). The Term shall automatically be extended on the Termination Date and each anniversary thereof for successive one-year periods unless either party notifies the other on or before the date 90 days prior to the Termination Date that he or it desires to terminate the Agreement. During the Term, the Executive shall initially serve in the capacity of Senior Vice President - Human Resources President/Chief Financial Officer of the Company and shall also serve in those offices and directorships of subsidiary corporations or entities of the Company to which he may from time to time be appointed or elected. During the Term, the Executive shall devote all reasonable efforts and all of his business time and services to the Company, subject to the direction of the Board. The Executive shall not engage in any other business activities except for passive investments in corporations or partnerships not engaged in the oil or gas drilling or well servicing business.