Parker Drilling Co /De/ – SEPARATION AGREEMENT AND RELEASE (January 6th, 2017)
THIS SEPARATION AGREEMENT AND RELEASE (this “Agreement”) is made by and between Parker Drilling Company, a Delaware corporation (“Parker Drilling” or “the Company”), and David R. Farmer (“Executive”) this 30th day of December 2016 (“Effective Date”). Parker Drilling and Executive are sometimes referred to collectively as the “Parties” or individually as a “Party”. Capitalized terms used but not defined herein shall have the meaning ascribed to them in that certain Employment Agreement entered into as of August 15, 2011 between the Executive and Parker Drilling, (the “Employment Agreement”).
Parker Drilling Co /De/ – EMPLOYMENT AGREEMENT (February 25th, 2015)
THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of August 15th, 2011 (the “Effective Date”), by and between PARKER DRILLING COMPANY, a Delaware corporation (the “Company”), and DAVID R. FARMER (“Executive”), an employee of 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.