EX-10.1
from 8-K
2 pages
Reference Is Made to the Retention Award Granted to You by Rowan Companies PLC (“Rowan” or “The Company”) on February 22, 2017, Consisting of [ ] Restricted Share Units and [ ] Stock Options (The “Retention Awards”). This Letter Is to Confirm Rowan’s Agreement That in the Event That Your Employment Is Terminated by Rowan Without “Cause” (Defined Below), or in the Event That You Terminate Your Employment With Rowan for “Good Reason” (Defined Below), in Either Case (I) Not in Connection With a Qualifying Termination (As Defined in That Certain Change in Control Agreement, Dated [April 24, 2014/December 1, 2014], by and Between the Company and You (The “Cic Agreement”) and (II) Prior to the Date the Retention Awards Are Scheduled to Vest, Then You Shall Receive a Pro-Rata Portion of the Retention Awards Based on the Number of Days That You Were Employed During the Vesting Period Set Forth in Your Retention Awards’ Agreement, and the Remaining Portion of Your Retention Awards Will Be Forfeited for No Consideration. in Such Event, the Restricted Share Units Shall Be Paid Within 10 Days After the Date of Your Termination of Employment in Accordance With the Terms of the Applicable Restricted Share Unit Notice and Award Agreement and the Retention Awards Shall Otherwise Be Governed by and Subject to the Terms of the Applicable Notice and Award Agreement. Notwithstanding the Foregoing, This Letter Shall Not Affect the Vesting of the Retention Awards in Connection With a Qualifying Termination (As Defined in the Cic Agreement)
12/34/56
EX-10.38
from 10-K
125 pages
This Shareholders’ Agreement (The Agreement) Is Made on 21 November 2016 (G), Between: (1) Saudi Aramco Development Company, a Limited Liability Company Incorporated and Registered in the Kingdom With Commercial Registration Number 2052002216 and With Its Registered Office at P.O. Box 500, Dhahran, 3131, the Kingdom (Saudi Aramco); And
12/34/56