0001362310-09-002936 Sample Contracts

EMPLOYMENT AGREEMENT by and between NOBLE DRILLING SERVICES INC. and DAVID W. WILLIAMS December 30, 2008
Employment Agreement • February 27th, 2009 • Noble Corp • Drilling oil & gas wells • Texas

This EMPLOYMENT AGREEMENT (this “Agreement”), dated as of December 30, 2008, by and between NOBLE DRILLING SERVICES INC., a Delaware corporation (the “Company”), and DAVID W. WILLIAMS (the “Executive”);

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NOBLE CORPORATION NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • February 27th, 2009 • Noble Corp • Drilling oil & gas wells • Texas

THIS AGREEMENT, made as of the _____ day of _____, by and between NOBLE CORPORATION, a Cayman Islands exempted company limited by shares (the “Company”), and «First_Name» «MI» «Last_Name» (“Employee”);

NOBLE CORPORATION PERFORMANCE-VESTED RESTRICTED STOCK AGREEMENT
Escrow Agreement • February 27th, 2009 • Noble Corp • Drilling oil & gas wells • Texas

The companies comprising the Competitor Group on the last NYSE trading day of the Performance Cycle shall be the companies used in the comparison for determining the Competitor Group performance measurement. If a Competitor Group company’s common equity security is no longer publicly traded on the last NYSE trading day of the Performance Cycle, then an appropriate proportionate adjustment will be effected over the remaining number of companies in the Competitor Group in making the determination of the Competitor Group measure; provided, however, that if the number of companies comprising the Competitor Group on the last NYSE trading day of the Performance Cycle is less than five, then, notwithstanding anything contained herein to the contrary, one hundred percent (100%) of the award will be based on performance relative to the companies in the Index, determined as described above, and the Competitor Group performance measure shall be inapplicable and not used in determining the overall

NOBLE CORPORATION RESTRICTED STOCK AGREEMENT
Escrow Agreement • February 27th, 2009 • Noble Corp • Drilling oil & gas wells • Texas

THIS AGREEMENT, made as of the _____ day of _____, by and between NOBLE CORPORATION, a Cayman Islands exempted company limited by shares (the “Company”), and _____ (“Director”);

NOBLE CORPORATION TIME-VESTED RESTRICTED STOCK AGREEMENT
Escrow Agreement • February 27th, 2009 • Noble Corp • Drilling oil & gas wells • Texas

THIS ESCROW AGREEMENT, made as of the day of , by and among Noble Corporation, a Cayman Islands exempted company limited by shares (the “Company”), «First_Name» «MI» «Last_Name» (“Employee”), and the Company, as escrow agent (the “Escrow Agent”), pursuant to a Restricted Stock Agreement dated of even date herewith (the “Restricted Stock Agreement”) between the Company and Employee;

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