February 29, 2016 Tesco US Holding LP 11330 Clay Road, Suite 350 Houston, Texas 770041 Attention: Chris Boone, Senior Vice President andTesco Corp • March 4th, 2016 • Oil & gas field machinery & equipment
We refer to that certain Second Amended and Restated Credit Agreement, dated as of April 27, 2012 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), by and among Tesco US Holding LP, a Nevada limited partnership (the “US Borrower”), Tesco Corporation, an Alberta, Canada corporation (the “Canadian Borrower”, and together with the US Borrower, the “Borrowers”), the lenders party thereto (each individually, a “Lender” and collectively, the “Lenders”), and JPMorgan Chase Bank, N.A., as administrative agent for the Lenders (in such capacity, the “Administrative Agent”). Capitalized terms used and not otherwise defined herein shall have the meanings given such terms in the Credit Agreement. References herein to any Section or Article shall be to a Section or Article of the Credit Agreement unless otherwise specifically provided.
SECOND AMENDMENT TO THE EMPLOYMENT AGREEMENTEmployment Agreement • March 4th, 2016 • Tesco Corp • Oil & gas field machinery & equipment
WHEREAS, TESCO CORPORATION, a corporation organized under the laws of the province of Alberta, Canada (the “Company”) and Dean Ferris (“Executive”) entered into the Employment Agreement effective on August 3, 2010 as amended (the “Agreement”); and
THIRD AMENDMENT TO THE EMPLOYMENT AGREEMENTEmployment Agreement • March 4th, 2016 • Tesco Corp • Oil & gas field machinery & equipment
WHEREAS, TESCO CORPORATION, a corporation organized under the laws of the province of Alberta, Canada (the “Company”) and Dean Ferris (“Executive”) entered into the Employment Agreement effective on August 3, 2010 as amended (the “Agreement”); and
CONSULTING AGREEMENTConsulting Agreement • March 4th, 2016 • Tesco Corp • Oil & gas field machinery & equipment
This Consulting Agreement (the “Agreement”) is made and entered into as of November 17, 2015 (the “Effective Date”), between Tesco Corporation (“Tesco”) and Dean Ferris (“Consultant”).
SEPARATION AGREEMENT AND RELEASESeparation Agreement and Release • March 4th, 2016 • Tesco Corp • Oil & gas field machinery & equipment • Texas
This Separation Agreement and Release (“Separation Agreement”) is between Tesco Corporation (US) (“Tesco”) and Dean Ferris (“Employee” or “you”). To be effective, this Agreement must be signed, in unchanged form, no later than forty-six (46) days after the date offered to Employee, November 17, 2015, or else it is withdrawn.
SECOND AMENDMENT TO THE EMPLOYMENT AGREEMENTEmployment Agreement • March 4th, 2016 • Tesco Corp • Oil & gas field machinery & equipment
WHEREAS, TESCO CORPORATION, a corporation organized under the laws of the province of Alberta, Canada (the “Company”) and Christopher L. Boone (“Executive”) entered into the Employment Agreement effective on January 1, 2014 (the “Agreement”); and
SECOND AMENDMENT TO THE EMPLOYMENT AGREEMENTEmployment Agreement • March 4th, 2016 • Tesco Corp • Oil & gas field machinery & equipment
WHEREAS, TESCO CORPORATION, a corporation organized under the laws of the province of Alberta, Canada (the “Company”) and Fernando Assing (“Executive”) entered into the Employment Agreement effective on December 19, 2014 (the “Agreement”); and
FIRST AMENDMENT TO THE EMPLOYMENT AGREEMENTEmployment Agreement • March 4th, 2016 • Tesco Corp • Oil & gas field machinery & equipment
WHEREAS, TESCO CORPORATION, a corporation organized under the laws of the province of Alberta, Canada (the “Company”) and Fernando Assing (“Executive”) entered into the Employment Agreement effective on December 19, 2014 (the “Agreement”); and
FIRST AMENDMENT TO THE EMPLOYMENT AGREEMENTEmployment Agreement • March 4th, 2016 • Tesco Corp • Oil & gas field machinery & equipment
WHEREAS, TESCO CORPORATION, a corporation organized under the laws of the province of Alberta, Canada (the “Company”) and Christopher L. Boone (“Executive”) entered into the Employment Agreement effective on January 1, 2014 (the “Agreement”); and
