0001193125-12-011594 Sample Contracts

EMPLOYMENT AGREEMENT by and between and
Employment Agreement • January 13th, 2012 • Noble Corp / Switzerland • Drilling oil & gas wells • Texas

WHEREAS, the Board of Directors of the Company (the “Board”) has determined that it is in the best interests of the Company, its parent, Noble Corporation, a Swiss corporation (“Noble-Switzerland”), and each other affiliated company (as defined in Paragraph 1 below), to assure that the group will have the continued dedication of the Executive, notwithstanding the possibility, threat or occurrence of a Change of Control (as defined in Paragraph 10 below); and

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NOBLE CORPORATION NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • January 13th, 2012 • Noble Corp / Switzerland • Drilling oil & gas wells • Texas

THIS AGREEMENT, made as of the day of , 201 , by and between NOBLE CORPORATION, a Swiss corporation (the “Company”), and «First_Name» «MI» «Last_Name» (“Employee”);

NOBLE CORPORATION TIME-VESTED RESTRICTED STOCK UNIT AGREEMENT
Time-Vested Restricted Stock Unit Agreement • January 13th, 2012 • Noble Corp / Switzerland • Drilling oil & gas wells • Texas

WHEREAS, the committee (the “Committee”) acting under the Company’s 1991 Stock Option and Restricted Stock Plan, as amended (the “Plan”), has determined that it is desirable to award time-vested Restricted Stock Units (as defined in the Plan) to Employee pursuant to the Plan; and

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