EMPLOYMENT AGREEMENTEmployment Agreement • March 1st, 2011 • Tesco Corp • Oil & gas field machinery & equipment • Texas
This Employment Agreement (the “Agreement”) is made effective November 5, 2010 by and between Tesco Corporation, a corporation organized under the laws of the Province of Alberta, Canada (hereinafter referred to as “Employer” or the “Company”) and Dietmar Neidhardt (hereinafter referred to as “Executive”). Employer and Executive are collectively referred to herein as the “Parties,” and individually referred to as a “Party.”
SECOND AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • March 1st, 2011 • Tesco Corp • Oil & gas field machinery & equipment
WHEREAS, Julio M. Quintana (“Executive”) and Tesco Corporation entered into the Employment Agreement dated December 31, 2008 and as amended on March 15, 2009 (the “Agreement”); and
SECOND AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • March 1st, 2011 • Tesco Corp • Oil & gas field machinery & equipment
WHEREAS, Jeffrey L. Foster (“Executive”) and Tesco Corporation entered into the Employment Agreement dated December 31, 2007 and as amended on March 15, 2009 (the “Agreement”); and
FIRST AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • March 1st, 2011 • Tesco Corp • Oil & gas field machinery & equipment
WHEREAS, Dean Ferris (“Executive”) and Tesco Corporation entered into the Employment Agreement dated August 3, 2010 (the “Agreement”); and
SECOND AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • March 1st, 2011 • Tesco Corp • Oil & gas field machinery & equipment
WHEREAS, Robert L. Kayl (“Executive”) and Tesco Corporation entered into the Employment Agreement dated August 18, 2008 and as amended on March 15, 2009 (the “Agreement”); and
FIRST AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • March 1st, 2011 • Tesco Corp • Oil & gas field machinery & equipment
WHEREAS, Fernando Assing (“Executive”) and Tesco Corporation entered into the Employment Agreement dated May 11, 2009 (the “Agreement”); and
AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • March 1st, 2011 • Tesco Corp • Oil & gas field machinery & equipment
WHEREAS, James A. Lank (“Executive”) and Tesco Corporation entered into the Employment Agreement dated December 31, 2007, as amended on March 15, 2009 and as thereafter supplemented by the letter dated July 19, 2010 between the parties (the “Agreement”); and
FINAL SETTLEMENT AND LICENSE AGREEMENTFinal 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”).
