REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • March 26th, 2019 • Parker Drilling Co /De/ • Drilling oil & gas wells • New York
This Registration Rights Agreement (including all exhibits hereto and as may be amended, supplemented or amended and restated from time to time in accordance with the terms hereof, this “Agreement”) is made and entered into as of March 26, 2019 by and among Parker Drilling Company, a Delaware corporation (the “Company”), and the other parties signatory hereto and any additional parties identified on the signature pages of any joinder agreement executed and delivered pursuant hereto.
WARRANT AGREEMENT between PARKER DRILLING COMPANY and EQUINITI TRUST COMPANY, as Warrant Agent Dated as of March 26, 2019 Warrants To Purchase Common StockWarrant Agreement • March 26th, 2019 • Parker Drilling Co /De/ • Drilling oil & gas wells • New York
This Warrant Agreement (as may be supplemented, amended or amended and restated pursuant to the applicable provisions hereof, this “Agreement”), dated as of March 26, 2019, between Parker Drilling Company, a Delaware corporation (the “Company”), and Equiniti Trust Company, a limited trust company organized under the laws of the State of New York, as warrant agent (the “Warrant Agent”). Capitalized terms that are used in this Agreement shall have the meanings set forth in Section 1 hereof.
EMPLOYMENT AGREEMENTEmployment Agreement • March 26th, 2019 • Parker Drilling Co /De/ • Drilling oil & gas wells • Texas
THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of March 26, 2019 (the “Effective Date”), by and between PARKER DRILLING COMPANY, a Delaware corporation and PARKER DRILLING MANAGEMENT SERVICES LTD., a Nevada corporation, and Bryan R. Collins (“Executive”). For the purposes of this Agreement, Parker Drilling Company and Parker Drilling Management Services Ltd., together with any Successor Entity, shall be collectively referred to as the “Company”. The Company and Executive may sometimes hereafter be referred to singularly as a “Party” or collectively as the “Parties.” Defined terms shall have the meanings ascribed to them in Appendix A of the Agreement.
PARKER DRILLING COMPANY FORM OF STOCK OPTION INCENTIVE AGREEMENTStock Option Incentive Agreement • March 26th, 2019 • Parker Drilling Co /De/ • Drilling oil & gas wells • Texas
THIS STOCK OPTION INCENTIVE AGREEMENT (this “Agreement”) is made and entered into by and between Parker Drilling Company, a Delaware corporation (the “Company”), and [ ], an employee of the Company (“Grantee”), as of March 26, 2019 (the “Grant Date”). The Stock Options granted to Grantee pursuant to this Agreement shall be granted under the Parker Drilling Company 2019 Long-Term Incentive Plan, as it may be amended from time to time (the “Plan”), and are subject to the terms and conditions of the Plan. The Plan is hereby incorporated herein in its entirety by this reference and capitalized terms not otherwise defined in this Agreement shall have the meaning given to such terms in the Plan.
CREDIT AGREEMENT Dated as of March 26, 2019 among PARKER DRILLING COMPANY, as the Parent Borrower, certain Subsidiaries of the Parent Borrower, as Borrowers, BANK OF AMERICA, N.A., as Administrative Agent and an L/C Issuer, and THE OTHER LENDERS AND...Credit Agreement • March 26th, 2019 • Parker Drilling Co /De/ • Drilling oil & gas wells • New York
This CREDIT AGREEMENT (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, this “Agreement”) is entered into as of March 26, 2019, among PARKER DRILLING COMPANY, a Delaware corporation (the “Parent Borrower”), certain Subsidiaries of the Parent Borrower party hereto from time to time pursuant to Section 2.14 (each as “Designated Borrower” and together with the Parent Borrower, the “Borrowers”), each lender from time to time party hereto (collectively, the “Lenders” and, individually, a “Lender”) and BANK OF AMERICA, N.A., as the Administrative Agent and an L/C Issuer, and is acknowledged and agreed to by the Subsidiary Guarantors (as defined below).
SECOND LIEN TERM LOAN CREDIT AGREEMENT Dated as of March 26, 2019 among PARKER DRILLING COMPANY, as Borrower, UMB Bank, N.A., as Administrative Agent, and THE LENDERS from time to time party heretoTerm Loan Credit Agreement • March 26th, 2019 • Parker Drilling Co /De/ • Drilling oil & gas wells • New York
This SECOND LIEN TERM LOAN CREDIT AGREEMENT (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, this “Agreement”) is entered into as of March [26], 2019, among PARKER DRILLING COMPANY, a Delaware corporation (the “Borrower”), each lender from time to time party hereto (collectively, the “Lenders” and, individually, a “Lender”), and UMB Bank, N.A., as the Administrative Agent.
PARKER DRILLING COMPANY FORM OF RESTRICTED STOCK UNIT INCENTIVE AGREEMENTRestricted Stock Unit Incentive Agreement • March 26th, 2019 • Parker Drilling Co /De/ • Drilling oil & gas wells • Texas
THIS RESTRICTED STOCK UNIT INCENTIVE AGREEMENT (this “Agreement”) is made and entered into by and between Parker Drilling Company, a Delaware corporation (the “Company”), and [ ], an employee of the Company (“Grantee”), as of March 26, 2019 (the “Grant Date”). The Restricted Stock Units granted to Grantee pursuant to this Agreement shall be granted under the Parker Drilling Company 2019 Long-Term Incentive Plan, as it may be amended from time to time (the “Plan”), and are subject to the terms and conditions of the Plan. The Plan is hereby incorporated herein in its entirety by this reference and capitalized terms not otherwise defined in this Agreement shall have the meaning given to such terms in the Plan.
