Document:

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                                                                   EXHIBIT 10.24

                           PRIDE INTERNATIONAL, INC.

                          EMPLOYMENT/NON-COMPETITION/

                           CONFIDENTIALITY AGREEMENT

                              JOHN R. BLOCKER, JR.

                          EFFECTIVE OCTOBER 15, 1998
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                               TABLE OF CONTENTS

                                                                      PAGE NO.
I.      PRIOR AGREEMENTS/EMPLOYMENT CONTRACTS........................    2

1.01    Effect of Prior Agreements...................................    2

II.     DEFINITION OF TERMS..........................................    3

2.01    Company......................................................    3
2.02    Executive/Officer/Employee...................................    3
2.03    Office/Position/Title........................................    3
2.04    Effective Date...............................................    3
2.05    Change in Control............................................    3
2.06    Termination..................................................    4
2.07    Customer.....................................................    5

III.    EMPLOYMENT...................................................    5

3.01    Employment...................................................    5
3.02    Best Efforts and Other Employment of Executive...............    6
3.03    Term of Employment...........................................    6
3.04    Compensation and Benefits....................................    7
3.05    Termination Without Change in Control........................    7

IV.     CHANGE IN CONTROL............................................    9

4.01    Extension of Employment Period...............................    9
4.02    Change in Control Termination Payments & Benefits............    9
4.03    Voluntary Resignation Upon Change in Control.................   10

V.      NON-COMPETITION AND CONFIDENTIALITY..........................   10

5.01    Consideration................................................   10
5.02    Non-Competition..............................................   10
5.03    Confidentiality..............................................   11
5.04    Geographical Area............................................   12
5.05    Company Remedies For Violation of Non-Competition or
           Confidentiality Agreement.................................   12
5.06    Termination of Benefits for Violation of Non-Competition and
           Confidentiality...........................................   13
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VI.     GENERAL......................................................   13

6.01    Enforcement Costs............................................   13
6.02    Income, Excise or Other Tax Liability........................   14
6.03    Payment of Benefits Upon Termination for Cause...............   14
6.04    Non-Exclusive Agreement......................................   15
6.05    Notices......................................................   15
6.06    Non-Alienation...............................................   15
6.07    Entire Agreement: Amendment..................................   15
6.08    Successors and Assigns.......................................   15
6.09    Governing Law................................................   16
6.10    Venue........................................................   16
6.11    Headings.....................................................   16
6.12    Severability.................................................   16
6.13    Partial Invalidity...........................................   16
6.14    Counterparts.................................................   16

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                  EMPLOYMENT/NON-COMPETITION/CONFIDENTIALITY
                                   AGREEMENT

DATE:                              October 15, 1998

COMPANY/EMPLOYER:                  Pride International, Inc.,
                                     A Louisiana corporation
                                   San Felipe Plaza, Suite 3300
                                   5847 San Felipe
                                   Houston, Texas 77057

EXECUTIVE/EMPLOYEE                 John R. Blocker, Jr.

                                   -------------------------------
                                   -------------------------------

     This Agreement is made as of the date first above written and to become
effective as herein provided.

                                   PREAMBLE

     WHEREAS, the Company wishes to attract and retain well-qualified Executives
and key personnel and to assure itself of the continuity of its management;

     WHEREAS, Executive will be elected an officer of the Company with
significant management responsibilities in the conduct of its business;

     WHEREAS, the Company recognizes that Executive is a valuable resource of
the Company and the Company desires to be assured of the continued services of
Executive;

     WHEREAS, the Company desires to obtain assurances that Executive will
devote his best efforts to his employment with the Company and will not enter
into competition with the Company in its business as now conducted and to be
conducted, or solicit customers or other employees of the Company to terminate
their relationships with the Company;

     WHEREAS, Executive is a key employee of the Company and he acknowledges
that his talents and services to the Company are of a special, unique, unusual
and extraordinary character and are of particular and peculiar benefit and
importance to the Company;

     WHEREAS, the Company is concerned that in the event of a possible or
threatened change in control of the Company, uncertainties necessarily arise;
Executive may have concerns about the continuation of his employment status and
responsibilities and may be approached by others offering competing employment
opportunities; the Company, therefore, desires to provide Executive assurances
as to the continuation of his employment status and responsibilities in such
event;
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     WHEREAS, the Company further desires to assure Executive that, if a
possible or threatened change in control should arise and Executive should be
involved in deliberations or negotiations in connection therewith, Executive
would be in a secure position to consider and participate in such transaction as
objectively as possible in the best interests of the Company and to this end
desires to protect Executive from any direct or implied threat to his financial
well-being;

     WHEREAS, Executive is willing to continue to serve as such but desires
assurances that in the event of such a change in control he will continue to
have the employment status and responsibilities he could reasonably expect
absent such event and, that in the event this turns out not to be the case, he
will have fair and reasonable severance protection on the basis of his service
to the Company to that time;

     WHEREAS, different factors affect the Company and Executive under
circumstances of regular employment between the Company and the Executive when
there is no threat of change in control and/or none has occurred, as opposed to
circumstances under which a change in control is rumored, threatened, occurring
or has occurred.  For this reason this Employment Agreement is primarily in two
parts.  One part deals with the regular employment of Executive under
circumstances whereby no change in control is threatened, occurring or occurred;
herein called "Regular Employment".  The second part deals with circumstances
whereby a change in control is threatened, occurring or has occurred.  Other
parts of the Agreement deal with matters affecting both Regular Employment and
employment following change in control, including non-competition and
confidentiality; and

     WHEREAS, Executive is willing to enter into and carry out the Non-
Competition and Confidentiality Agreement set forth herein in consideration of
the Employment Agreement set forth herein.

                                   AGREEMENT

     NOW, THEREFORE, the parties agree as follows:

I.  PRIOR AGREEMENTS/EMPLOYMENT CONTRACTS.

1.01  PRIOR AGREEMENTS. Executive has no continuing non-competition agreements
      with any prior employers that have not been disclosed to Company.
      Executive has completed a Company employment application and all
      information provided therein is true and correct to the best of his
      knowledge and belief and is incorporated herein by reference.

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II.  DEFINITION OF TERMS.

2.01  COMPANY. Company means Pride International, Inc., a Louisiana corporation,
      as the same presently exists, as well as any and all successors,
      regardless of the nature of the entity or the State or Nation of
      organization, whether by reorganization, merger, consolidation, absorption
      or dissolution. For the purpose of the Non-Competition and Confidentiality
      Agreement, Company includes any subsidiary or affiliate of the Company to
      the extent it is carrying on any portion of the business of the Company or
      a business similar to that being conducted by the Company.

2.02  EXECUTIVE/OFFICER/EMPLOYEE. Executive/Officer/Employee means John R.
      Blocker, Jr.

2.03  OFFICE/POSITION/TITLE. The Office, Position and Title for which the
      Executive is employed is that of President of Pride International, S.A. a
      subsidiary of the Company and carries with it such duties,
      responsibilities, rights, benefits and privileges or as may reasonably be
      assigned to the Executive that are customary and usual for such position
      at the Company.

2.04  EFFECTIVE DATE. This Agreement becomes effective and binding as of
      August 15, 1998.

2.05  CHANGE IN CONTROL. The term "Change in Control" of the Company shall mean,
      and shall be deemed to have occurred on the date of the first to occur of
      any of the following:

      a. there occurs a Change in Control of the Company of the nature that
         would be required to be reported in response to item 6(e) of Schedule
         14A of Regulation 14A or Item 1 of Form 8(k) promulgated under the
         Securities Exchange Act of 1934 as in effect on the date of this
         Agreement, or if neither item remains in effect, any regulations issued
         by the Securities and Exchange Commission pursuant to the Securities
         Exchange Act of 1934 which serve similar purposes;

      b. any "person" {as such term is used in Sections 12(d) and 14(d)(2) of
         the Securities Exchange Act of 1934} is or becomes a beneficial owner,
         directly or indirectly, of securities of the Company representing
         twenty percent (20%) or more of the combined voting power of the
         Company's then outstanding securities;

      c. the individuals who were members of the Board of Directors of the
         Company immediately prior to a meeting of the shareholders of the
         Company involving a contest for the election of Directors shall not

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         constitute a majority of the Board of Directors following such
         election;

      d. the Company shall have merged into or consolidated with another
         corporation, or merged another corporation into the Company, on a basis
         whereby less than fifty percent (50%) of the total voting power of the
         surviving corporation is represented by shares held by former
         shareholders of the Company prior to such merger or consolidation;

      e. the Company shall have sold, transferred or exchanged all, or
         substantially all, of its assets to another corporation or other entity
         or person.

2.06  TERMINATION. The term "termination" shall mean termination, prior to the
      expiration of the Employment Period, of the employment of the Executive
      with the Company {including death and disability (as described below) for
      any reason other than cause (as described below) or voluntary resignation
      (as described below). Termination includes "Constructive Termination" as
      described below. Termination includes non-renewal or failure to extend
      this Agreement at the end of any employment term, except for cause.

      a. The term "disability" means physical or mental incapacity qualifying
         the Executive for a long-term disability under the Company's long-term
         disability plan. If no such plan exists on the Effective Date of this
         Agreement, the term "disability" means physical or mental incapacity as
         determined by a doctor jointly selected by the Executive and the Board
         of Directors of the Company qualifying the Executive for long-term
         disability under reasonable employment standards.

      b. The term "cause" means: (i) the failure of the Executive to perform his
         duties with the Company (other than any failure due to physical or
         mental incapacity) after a demand for substantial performance is
         delivered to him by his supervisor which specifically identifies the
         manner in which the he believes he has not substantially performed his
         duties, (ii) misconduct materially and demonstrably injurious to the
         Company, (iii) violation of any Company policy including the covenant
         not to compete (except after termination under the Change in Control
         provisions and confidentiality provisions hereof), or (iv) making a
         false statement on his employment application which is incorporated
         herein by reference. The unwillingness of the Executive to accept any
         change in the nature or scope of his position, authorities or duties or
         any other reasonable request of the Company in respect of his position,
         authority, or responsibility may be considered by his

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          supervisor to be a failure to perform by the Executive unless it
          occurs after a Change in Control. Notwithstanding the foregoing, the
          Executive shall not be deemed to have been terminated for cause for
          purposes of this Agreement unless and until there shall have been
          delivered to him a letter setting out the particulars and basis for
          his termination for cause.

      c.  The resignation of the Executive shall be deemed "voluntary" if it is
          for any reason other than one or more of the following:

          (i)   the Executive's resignation or retirement is requested by the
                Company other than for cause;

          (ii)  any reduction in the Executive's total compensation or benefits
                from that provided in the Compensation and Benefits Section
                hereof;

          (iii) the material breach by the Company of any other provision of
                this Agreement;

          (iv)  non-renewal or failure to extend any employment term, contrary
                to the wishes of the Executive.

     Termination that entitles the Executive to the payments and benefits
provided in the "Termination Payments and Benefits" Section hereof shall not be
deemed or treated by the Company as the termination of the Executive's
employment or the forfeiture of his participation, award, or eligibility, for
the purpose of any plan, practice or agreement of the Company referred to in the
Compensation and Benefits Section hereof.

2.07  CUSTOMER. The term "Customer" includes all persons, firms or entities that
      are purchasers or end-users of services or products offered, provided,
      developed, designed, sold or leased by the Company during the relevant
      time periods, and all persons, firms or entities which control, or which
      are controlled by, the same person, firm or entity which controls such
      purchase.

III.  EMPLOYMENT.

3.01  EMPLOYMENT. Except as otherwise provided in this Agreement, the Company
      hereby agrees to continue the Executive in its employ, and the Executive
      hereby agrees to remain in the employ of the Company, for the Term of
      Employment ("Employment Period") herein specified. During the Employment
      Period, Executive shall exercise such position and authority and perform
      such responsibilities as are commensurate with the position and as
      directed by his supervisor which services shall be performed at such
      location as the Company may reasonably require.

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3.02  BEST EFFORTS AND OTHER EMPLOYMENT OF EXECUTIVE.

      a. Executive agrees that he will at all times faithfully, industriously
         and to the best of his ability, experience and talents, perform all of
         the duties that may be required of and from him pursuant to the express
         and implicit terms hereof, to the reasonable satisfaction of the
         Company and in compliance with the Company Policy Manual. Said duties
         shall be rendered at such place or places within or outside the United
         States as the Company shall in good faith require or as the interest,
         needs, business, or opportunities of the Company shall require.

      b. Executive shall devote his normal and regular business time, attention
         and skill to the business and interests of the Company, and the Company
         shall be entitled to all of the benefits, profits or other issue
         arising from or incident to all work, services and advice of Executive
         performed for the Company. Such employment shall be considered "full
         time" employment. Executive shall have the right to make investments in
         businesses which engage in activities other than those engaged by the
         Company. Executive shall also have the right to devote such incidental
         and immaterial amounts of his time which are not required for the full
         and faithful performance of his duties hereunder to any outside
         activities and businesses which are not being engaged in by the Company
         and which shall not otherwise interfere with the performance of his
         duties hereunder. Executive shall have the right to make investments in
         the manner and to the extent authorized and set forth in the Non-
         Competition Section of this Agreement and the Securities' Transaction
         Policy of the Company (Policy I-37 dated 12-1-97).

3.03  TERM OF EMPLOYMENT. ("Employment Period"). Executive's regular employment
      (no Change in Control being presently contemplated) will commence on the
      Effective Date of this Agreement and will be for a term of two (2) years
      ending at 12:00 o'clock midnight October 15, 2000; thereafter, the Term of
      Employment of Executive will be automatically extended for successive
      terms of one (1)year each commencing October 15, 2000, and on October 15
      of each year thereafter, unless Company or Executive gives written notice
      to the other that employment will not be renewed or continued after the
      next scheduled expiration date which is not less than one (1) year after
      the date that the notice of non-renewal was given. All extended employment
      terms will be considered to be within the Employment Period while
      Executive is employed with the Company.

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3.04  COMPENSATION AND BENEFITS. During the Employment Period the Executive
      shall receive the following compensation and benefits:

      a.  He shall receive an annual base salary which is not less than his
          annual base salary, with the opportunity for increases, from time to
          time thereafter, which are in accordance with the Company's regular
          executive compensation practices ("annual base salary"). Executive's
          salary will be reviewed at least annually. Executive's initial annual
          base salary will be $180,000.

      b.  To the extent that such plans exist immediately prior to the Effective
          Date of this Agreement, he shall be eligible to participate on a
          reasonable basis, and to continue his existing participation, in
          annual bonus, stock option and other incentive compensation plans
          which provide opportunities to receive compensation in addition to his
          annual base salary which is provided by the Company for Executives
          with comparable duties.

      c.  To the extent such plans exist immediately prior to the Effective Date
          of this Agreement, he will be entitled to receive and participate in
          exempt employee benefits (including, but not limited to, medical,
          life, health, accident and disability insurance and disability
          benefits) and prerequisites provided by the Company to Executives with
          comparable duties.

      d.  Paid vacations each year to the same extent as provided to Executives
          with comparable duties. Presently vacation accrues at the rate of two
          weeks annually for those salaried employees with less than ten (10)
          years of service.

      e.  Participation in all other executive incentive stock and benefit plans
          approved by the Committee.

3.05  TERMINATION WITHOUT CHANGE IN CONTROL. The Company shall have the right to
      terminate Executive at any time during the Employment Period (including
      any extended term). Should the Company choose not to renew or extend the
      Employment Period of this Employment Agreement or choose to terminate the
      Executive, during or at the end of, the Employment Period, or in the event
      of death or disability of the Executive, if the termination is not after a
      Change in Control and is not for cause, the Company shall, within thirty
      (30) days following such termination, pay and provide to the Executive (or
      his Executor, Administrator or Estate in the event of death, as soon as
      reasonably practical):

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      a.  An amount equal to one (1) full year of his base salary (including the
          amount allocated to the covenant not to compete), which base salary is
          here defined as twelve (12) times the then current monthly salary in
          effect for the Executive and all other benefits due him based upon the
          salary in effect on the Date of Termination (but not less than the
          highest annual base salary paid to the Executive during any of the
          three (3) years immediately preceding his Date of Termination). There
          shall be deducted only such amounts as may be required by law to be
          withheld for taxes and other applicable deductions.

      b.  The Company shall make available to Executive and his immediate family
          for a period of one (1) full year following the Date of Termination,
          life, health, accident and disability insurance which are not less
          than the highest benefits furnished to the Executive and his immediate
          family during the term of this Agreement.

      c.  An amount equal to the target award for the Executive under the
          Company's annual bonus plan for the fiscal year in which termination
          occurs, provided that if the Executive has deferred his award for such
          year under a Company plan, the payment due the Executive under this
          subparagraph shall be paid in accordance with the terms of the
          deferral or as specified by the Executive.

      d.  The Company shall pay, distribute and otherwise provide to the
          Executive the amount and value of his entire plan account and interest
          under any employee benefit plan, investment plan or stock ownership
          plan, if any exists on the Date of Termination, and all employer
          contributions made or payable to any such plan for his account prior
          to the end of the month in which Termination occurs shall be deemed
          vested and payable to him. Such payment or distribution shall be in
          accordance with the elections made by the Executive in respect of
          distributions in accordance with the plan as if the Executive's
          employment in the Company terminated at the end of the month in which
          Termination occurs.

      e.  All stock options and awards to which the Executive is entitled will
          immediately vest and the time for exercising any option will be as
          specified in the plan as if the Executive were still employed by the
          Company; provided however if the immediate vesting of all benefits
          under the plan is not permitted by the plan, then the benefits will be
          vested only to the extent authorized or permitted by the plan.

      f.  All life, health, hospitalization, medical and accident benefits
          available

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         to Executive's spouse and dependents shall continue for the same term
         as the Executive's benefits. If the Executive dies, all benefits will
         be provided for a term of one (1) year (or two (2) years after a
         Change in Control) after the date of death of the Executive.

     g.  The Company's obligation under this Section to continue to pay or
         provide health care, life, accident and disability insurance to the
         Executive, the Executive's spouse and Executive's dependents, during
         the remainder of the Employment Period shall be reduced when and to the
         extent any of such benefits are paid or provided to the Executive by
         another employer, provided that the Executive shall have all rights
         afforded to retirees to convert group insurance coverage to the
         individual insurance coverage as, to the extent of, and whenever his
         group insurance coverage under this Section is reduced or expires.
         Apart from this subparagraph, the Executive shall have and be subject
         to no obligation to mitigate.

     h.  The Company shall deduct applicable withholding taxes in performing
         its obligations under this Section.

     Nothing in this Section is intended, nor shall be deemed or interpreted, to
be an amendment to any compensation, benefit or other plan to the Company.  To
the extent the Company's performance under this Section includes the performance
of the Company's obligations to the Executive under any other plan or under
another agreement between the Company and the Executive, the rights of the
Executive under such other plan or other agreements, which are discharged under
this Agreement, are discharged, surrendered, or released pro tanto.

IV.  CHANGE IN CONTROL.

4.01  EXTENSION OF EMPLOYMENT PERIOD. Upon any Change in Control the Employment
      Period shall be immediately and without further action extended for a term
      of two (2) years following the Effective Date of the Change in Control and
      will expire at 12:00 o'clock midnight on the last day of the month
      following two (2) years after the Change in Control. Thereafter, the
      employment period will be extended for successive terms of one (1) year
      each, unless terminated, all in the manner specified in the Term of
      Employment Section pertaining to regular employment.

4.02  CHANGE IN CONTROL TERMINATION PAYMENTS AND BENEFITS. In the event the
      Executive is terminated within two (2) years following a Change in
      Control, the Executive will receive the payments and benefits specified in
      the "Termination without Change in Control" Section in the same time and
      manner therein specified except as amended and modified hereby:

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      a.  The salary and benefits specified in Section 3.05a. will be paid based
          upon a multiple of two (2) years (instead of one (1) year).

      b.  Life, health, accident and disability insurance specified in Section
          3.05b. will be provided until (i) Executive becomes reemployed and
          receives similar benefits from a new employer or (ii) two (2) years
          after the Date of Termination, whichever is earlier.

      c.  An amount equal to two (2) times the maximum award that the Executive
          could receive under the Company's Annual Bonus Plan for the fiscal
          year in which the termination occurs, instead of the benefits provided
          in Section 3.05c.

      d.  All other rights and benefits specified in Section 3.05.

4.03  VOLUNTARY RESIGNATION UPON CHANGE IN CONTROL. If the Executive voluntarily
      resigns his employment within six (6) months after a Change in Control
      (whether or not Company may be alleging the right to terminate employment
      for cause), he will receive the same payments, compensation and benefits
      as if he had been terminated on the date of resignation after Change in
      Control.

V.  NON-COMPETITION AND CONFIDENTIALITY.

5.01  CONSIDERATION. The base salary awarded to the Executive and to be paid to
      the Executive in the future includes consideration for the Non-Competition
      and Confidentiality Agreement set forth herein and the amount to be paid
      to Executive in the event of the termination of employment of Executive,
      voluntarily, involuntarily, or under a Change of Control, under Section
      3.05a and 4.02a hereof constitute payment, in part, for the Non-
      Competition and Confidentiality of the Executive. It is contracted,
      stipulated and agreed that fifteen percent (15%) of such amount paid and
      to be paid to the Executive shall constitute the consideration for the
      Non-Competition and Confidentiality Agreement set forth herein.

5.02  NON-COMPETITION. Executive acknowledges that his employment with the
      Company has in the past and will, of necessity, provide him with
      specialized knowledge which, if used in competition with the Company could
      cause serious harm to the Company. Accordingly, the Executive agrees that
      during his employment with the Company and for a period of one (1) year
      after he is no longer employed by the Company (unless his employment is
      terminated after a Change in Control, in which event there will be no
      covenant not to compete and the provisions of the covenant not to compete
      herein contained will terminate on the date of termination of Executive)
      Executive will not, directly or indirectly, either as an individual,
      proprietor, stockholder {other than as a holder of up to one percent (1%)
      of the outstanding shares of a corporation whose shares are listed on a
      stock exchange or traded in accordance with the automated quotation system
      of the National Association of Securities

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      Dealers}, partner, officer, employee or otherwise:

     a.  work for, become an employee of, invest in, provide consulting services
         or in any way engage in any business which provides, produces, leases
         or sells products or services of the same or similar type provided,
         produced, leased or sold by the Company and with regard to which
         Executive was engaged, or over which Executive had direct or indirect
         supervision or control, within one (1) year preceding the Executive's
         termination of employment, in any area where the Company provided,
         produced, leased or sold such products or services at any time during
         the one (1) year preceding such termination of employment; or

     b.  provide, sell, offer to sell, lease, offer to lease, or solicit any
         orders for any products or services which the Company provided and with
         regard to which the Executive had direct or indirect supervision or
         control, within one (1) year preceding Executive's termination of
         employment, to or from any person, firm or entity which was a customer
         for such products or services of the Company during the one (1) year
         preceding such termination from whom the Company had solicited business
         during such one (1) year; or

     c.  solicit, aid, counsel or encourage any officer, director, employee or
         other individual to (i) leave his or her employment or position with
         the Company or (ii) compete with the business of the Company, or (iii)
         violate the terms of any employment, non-competition or similar
         agreement with the Company; or

     d.  employ, directly or indirectly; permit the employment of; contract for
         services or work to be performed by; or otherwise, use, utilize or
         benefit from the services of any officer, director, employee or any
         other individual holding a position with the Company within two (2)
         years after the Date of Termination of employment of Executive with the
         Company or within two (2) years after such officer, director, employee
         or individual terminated employment with the Company, whichever occurs
         earlier.

5.03  CONFIDENTIALITY. Executive acknowledges that his employment with the
      Company has in the past and will, of necessity, provide him with
      specialized knowledge which, if used in competition with the Company, or
      divulged to others, could cause serious harm to the Company. Accordingly,
      Executive will not at any time during or after his employment by the
      Company, directly or indirectly, divulge, disclose or communicate to any
      person, firm or corporation in any manner whatsoever any information
      concerning any matter

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      affecting or relating to the Company or the business of the Company.
      While engaged as an employee of the Company, Executive may only use
      information concerning any matters affecting or relating to the Company or
      the business of the Company for a purpose which is necessary to the
      carrying out of the Executive's duties as an employee of the Company, and
      Executive may not make use of any information of the Company after he is
      no longer an employee of the Company. Executive agrees to the foregoing
      without regard to whether all of the foregoing matters will be deemed
      confidential, material or important, it being stipulated by the parties
      that all information, whether written or otherwise, regarding the
      Company's business, including, but not limited to, information regarding
      customers, customer lists, costs, prices, earnings, products, services,
      formulae, compositions, machines, equipment, apparatus, systems,
      manufacturing procedures, operations, potential acquisitions, new location
      plans, prospective and executed contracts and other business arrangements,
      and sources of supply, is prima facie presumed to be important, material
      and confidential information of the Company for the purposes of this
      Agreement, except to the extent that such information may be otherwise
      lawfully and readily available to the general public. Executive further
      agrees that he will, upon termination of his employment with the Company,
      return to the Company all books, records, lists and other written, typed
      or printed materials, whether furnished by the Company or prepared by
      Executive, which contain any information relating to the Company's
      business, and Executive agrees that he will neither make nor retain any
      copies of such materials after termination of employment.

5.04  GEOGRAPHICAL AREA. The geographical area within which the non-competition
      covenants of this Agreement shall apply is that territory within two
      hundred (200) miles of (i) any of the Company's present offices, (ii) any
      of the Company's present rig yards or rig operations, and (iii) any
      additional location where the Company, as of the date of any action taken
      in violation of the non-competition covenants of this Agreement, has an
      office, a rig yard, rig operation or definitive plans to locate an office,
      a rig operation or a rig yard or has recently conducted rig operations.
      Notwithstanding the foregoing, if the two hundred (200) mile radius
      extends into another country or its territorial waters and the Company is
      not then doing business in that other country, there will be no
      territorial limitations extending into such other country.

5.05  COMPANY REMEDIES FOR VIOLATION OF NON-COMPETITION OR CONFIDENTIALITY
      AGREEMENT. Without limiting the right of the Company to pursue all other
      legal and equitable rights available to it for violation of any of the
      covenants made by Executive herein, it is agreed that:

      a.  the skills, experience and contacts of Executive are of a special,
          unique, unusual and extraordinary character which give them a peculiar
          value;

      b.  because of the business of the Company, the restrictions agreed to by
          Executive as to time and area contained in this Agreement are

                                       12
<PAGE>

          reasonable; and

      c.  the injury suffered by the Company by a violation of any covenant in
          this Agreement resulting from loss of profits created by the
          competitive use of such skills, experience and contacts and otherwise
          will be difficult to calculate in damages in an action at law and
          cannot fully compensate the Company for any violation of any covenant
          in this Agreement, accordingly:

          (i)  the Company shall be entitled to injunctive relief to prevent
               violations of such covenants or continuing violations thereof and
               to prevent Executive from rendering any services to any person,
               firm or entity in breach of such covenant and to prevent
               Executive from divulging any confidential information; and

          (ii) compliance with this Agreement is a condition precedent to the
               Company's obligation to make payments of any nature to Executive.

5.06  TERMINATION OF BENEFITS FOR VIOLATION OF NON-COMPETITION AND
      CONFIDENTIALITY. If Executive's termination was not after a Change in
      Control and if Executive shall be violating the Confidentiality and/or
      Non-Competition Agreement or any agreement he may have signed as an
      employee of the Company, Executive agrees that after receipt of written
      notice he shall continue such action and that there shall be no obligation
      on the part of the Company to provide any payments or benefits (other than
      payments or benefits already earned or accrued) described in the
      Termination of Rights and Benefits Section hereof, subject to the
      provisions of Section 6.01 hereof. There will be no withholding of
      benefits or payments if the termination occurred after a Change in Control
      and Executive will not be bound by the non-competition provisions if
      terminated while the Change in Control provisions hereof are applicable.

VI.   GENERAL.

6.01  ENFORCEMENT COSTS. The Company is aware that upon the occurrence of a
      Change in Control, or under other circumstances even when a Change in
      Control has not occurred, the Board of Directors or a shareholder of the
      Company may then cause or attempt to cause the Company to refuse to comply
      with its obligations under this Agreement, or may cause or attempt to
      cause the Company to institute, or may institute, litigation seeking to
      have this Agreement declared unenforceable, or may take, or attempt to
      take, other action to deny Executive the benefits intended under this
      Agreement; or actions may be taken to enforce the non-competition or
      confidentiality provisions of this Agreement. In these circumstances, the
      purpose of this Agreement could be frustrated. It is the intent of the
      parties that the
                                       13
<PAGE>

      Executive not be required to incur the legal fees and expenses associated
      with the protection or enforcement of his rights under this Agreement by
      litigation or other legal action because such costs would substantially
      detract from the benefits intended to be extended to Executive hereunder,
      nor be bound to negotiate any settlement of his rights hereunder under
      threat of incurring such costs. Accordingly, if at any time after the
      Effective Date of this Agreement, it should appear to Executive that the
      Company is or has acted contrary to or is failing or has failed to comply
      with any of its obligations under this Agreement for the reason that it
      regards this Agreement to be void or unenforceable, that Executive has
      violated the terms of this Agreement, or for any other reason, or that the
      Company has purported to terminate his employment for cause or is in the
      course of doing so, or is withholding payments or benefits, or is
      threatening to withhold payments or benefits, contrary to this Agreement,
      or in the event that the Company or any other person takes any action to
      declare this Agreement void or unenforceable, or institutes any litigation
      or other legal action designed to deny, diminish or to recover from
      Executive the benefits provided or intended to be provided to him
      hereunder, and Executive has acted in good faith to perform his
      obligations under this Agreement, the Company irrevocably authorizes
      Executive from time to time to retain counsel of his choice at the expense
      of the Company to represent him in connection with the protection and
      enforcement of his rights hereunder, including, without limitation,
      representation in connection with termination of his employment or
      withholding of benefits or payments contrary to this Agreement or with the
      initiation or defense of any litigation or any other legal action, whether
      by or against Executive or the Company or any Director, Officer,
      Shareholder or other person affiliated with the Company, in any
      jurisdiction. Company is not authorized to withhold the periodic payments
      of attorneys' fees and expenses hereunder based upon any belief or
      assertion by the Company that Executive has not acted in good faith or has
      violated this Agreement. If Company subsequently establishes that
      Executive was not acting in good faith and has violated this Agreement,
      Executive will be liable to the Company for reimbursement of amounts paid
      due to Executive's actions not based on good faith and in violation of
      this Agreement. The reasonable fees and expenses of counsel selected from
      time to time by Executive as hereinabove provided shall be paid or
      reimbursed to Executive by the Company, on a regular, periodic basis
      within thirty (30) days after presentation by Executive of a statement or
      statements prepared by such counsel in accordance with its customary
      practices, up to a maximum aggregate amount of One Hundred Fifty Thousand
      Dollars.($150,000).

6.02  INCOME, EXCISE OR OTHER TAX LIABILITY. Executive will be liable for and
      will pay all income tax liability by virtue of any payments made to
      Executive under this Agreement, as if the same were earned and paid in the
      normal course of business and not the result of a Change in Control and
      not otherwise triggered by the "golden parachute" or excess payment
      provisions of the Internal Revenue Code of the United States, which would
      cause additional tax liability to be imposed.

6.03  PAYMENT OF BENEFITS UPON TERMINATION FOR CAUSE. If the termination of
      Executive is for cause and not after a Change in Control, the Company will
      have the right

                                       14
<PAGE>

      to withhold all payments (except those specified in Section 6.01);
      provided however that if a final judgment is entered finding that cause
      did not exist for termination, the Company will pay all benefits to
      Executive to which he would have been entitled had the termination not
      been for cause, plus interest on all amounts withheld from Executive at
      the rate specified for judgments under Article 5069-1.05 V.A.T.S. If the
      termination for cause occurs after a Change in Control, the Company shall
      not have right to suspend or withhold payments to Executive under any
      provision of this Agreement until or unless a final judgment is entered
      upholding the Company's determination that the termination was for cause,
      in which event Executive will be liable to the Company for all amounts
      paid, plus interest at the rate allowed for judgments under Article 5069-
      1.05 V.A.T.S.

6.04  NON-EXCLUSIVE AGREEMENT. The specific arrangements referred to herein are
      not intended to exclude or limit Executive's participation in other
      benefits available to executive personnel generally, or to preclude or
      limit other compensation or benefits as may be authorized by the Board of
      Directors of the Company at any time, or to limit or reduce any
      compensation or benefits to which Executive would be entitled but for this
      Agreement.

6.05  NOTICES. Notices, requests, demands and other communications provided for
      by this Agreement shall be in writing and shall either be personally
      delivered by hand or sent by: (i) Registered or Certified Mail, Return
      Receipt Requested, postage prepaid, properly packaged, addressed and
      deposited in the United States Postal System; (ii) via facsimile
      transmission if the receiver acknowledges receipt; or (iii) via Federal
      Express or other expedited delivery service provided that acknowledgment
      of receipt is received and retained by the deliverer and furnished to the
      sender, if to Executive, at the last address he has filed, in writing,
      with the Company, or if to the Company, to its Corporate Secretary at its
      principal executive offices.

6.06  NON-ALIENATION. Executive shall not have any right to pledge, hypothecate,
      anticipate, or in any way create a lien upon any amounts provided under
      this Agreement, and no payments or benefits due hereunder shall be
      assignable in anticipation of payment either by voluntary or involuntary
      acts or by operation of law. So long as Executive lives, no person, other
      than the parties hereto, shall have any rights under or interest in this
      Agreement or the subject matter hereof. Upon the death of Executive, his
      Executors, Administrators, Devisees and Heirs, in that order, shall have
      the right to enforce the provisions hereof.

6.07  ENTIRE AGREEMENT: AMENDMENT. This Agreement constitutes the entire
      agreement of the parties with respect of the subject matter hereof. No
      provision of this Agreement may be amended, waived, or discharged except
      by the mutual written agreement of the parties. The consent of any other
      person(s) to any such amendment, waiver or discharge shall not be
      required.

6.08  SUCCESSORS AND ASSIGNS. This Agreement shall be binding upon and inure to
      the benefit of the Company, its successors and assigns, by operation of
      law or otherwise, including, without limitation, any corporation or other
      entity or persons which shall succeed

                                       15
<PAGE>

      (whether direct or indirect, by purchase, merger, consolidation or
      otherwise) to all or substantially all of the business and/or assets of
      the Company, and the Company will require any successor, by agreement in
      form and substance satisfactory to Executive, expressly to assume and
      agree to perform this Agreement. Except as otherwise provided herein, this
      Agreement shall be binding upon and inure to the benefit of Executive and
      his legal representatives, heirs and assigns, provided however, that in
      the event of Executive's death prior to payment or distribution of all
      amounts, distributions and benefits due him hereunder, each such unpaid
      amount and distribution shall be paid in accordance with this Agreement to
      the person or persons designated by Executive to the Company to receive
      such payment or distribution and in the event Executive has made no
      applicable designation, to his Estate. If the Company should split, divide
      or otherwise become more than one entity, all liability and obligations of
      the Company shall be the joint and several liability and obligation of all
      of the parts.

6.09  GOVERNING LAW. Except to the extent required to be governed by the laws of
      the State of Louisiana because the Company is incorporated under the laws
      of said State, the validity, interpretation and enforcement of this
      Agreement shall be governed by the laws of the State of Texas.

6.10  VENUE. Venue for all proceedings hereunder will be in the U.S. District
      Court for the Southern District of Texas, Houston Division. Executive
      hereby waives his right to request a jury.

6.11  HEADINGS. The headings in this Agreement are inserted for convenience of
      reference only and shall not affect the meaning or interpretation of this
      Agreement.

6.12  SEVERABILITY. In the event that any provision or portion of this Agreement
      shall be determined to be invalid or unenforceable for any reason, the
      remaining provisions of this Agreement shall be unaffected thereby and
      shall remain in full force and effect.

6.13  PARTIAL INVALIDITY. In the event that any part, portion or Section of this
      Agreement is found to be invalid or unenforceable for any reason, the
      remaining provisions of this Agreement shall be binding upon the parties
      hereto and the Agreement will be construed to give meaning to the
      remaining provisions of this Agreement in accordance with the intent of
      this Agreement.

6.14  COUNTERPARTS. This Agreement may be executed in one or more counterparts,
      each of which shall be deemed to be original, but all of which together
      constitute one and the same instrument.

                                       16
<PAGE>

     IN WITNESS WHEREOF, Executive has hereunto set his hand and, pursuant to
the authorization from its Board of Directors and the Compensation Committee,
the Company has caused these presents to be executed in its name and on its
behalf, and its corporate seal to be hereunto affixed and attested by its
Secretary or Assistant Secretary, all as of the day and year first above
written.

     EXECUTED in multiple originals and/or counterparts as of the Effective
Date.

                                      /s/ John R. Blocker, Jr.
                                    ---------------------------------
                                    JOHN R. BLOCKER , JR.

                                    PRIDE INTERNATIONAL, INC.

CORPORATE SEAL

                                    BY:  /s/ Ray H. Tolson
                                        -----------------------------
                                        RAY H. TOLSON
                                        CEO and Chairman of the Board

                                       17<PAGE>

                                                                   EXHIBIT 10.25

                             EMPLOYMENT AGREEMENT

     THIS AGREEMENT is effective June 21, 1994, and made between DAVID A.
BOURGEOIS ("Employee") and PRIDE OFFSHORE, INC. (the "Company").

     WHEREAS, Employee is a key employee of the Company, and he acknowledges
that his talents and services to the Company are of a special, unique, unusual
and extraordinary character and are of particular and peculiar benefit and
importance to the Company;

     WHEREAS, the Company desires to obtain assurances that Employee will devote
his best efforts to his employment with the Company and will not enter into
competition with the Company in its business as now conducted and to be
conducted, or solicit customers or other employees of the Company to terminate
their relationships with the Company; and

     WHEREAS, Employee is willing, in consideration for his employment with the
Company, to provide the Company with such assurances and to enter into and carry
out this Agreement;

     NOW, THEREFORE, the parties agree as follows:

1.   Employment.

(a)  The Company agrees to employ Employee and Employee agrees to be employed by
     the Company, for a period commencing June 21, 1994 and ending on June 21,
     1997, subject, however, to prior termination as provided herein.  At the
     expiration date of June 21, 1997, this Agreement shall be considered
     renewed for regular periods of one year unless one party submits to the
     other a written notice of termination 120 days prior to the next succeeding
     expiration date.  By giving such written notice, either party shall have
     the right to terminate this Agreement as of the next anniversary date of
     this Employment Agreement.

(b)  During the term of employment provided herein, Employee agrees: (i) to
     faithfully perform the duties assigned to him to the best of his ability,
     and to perform such other duties as are customarily performed by one
     holding his position in other same or similar businesses or enterprises as
     that engaged in by the Company, and (ii) to render such other services and
     duties as may be assigned to him from time to time by the Company.
<PAGE>

2.   Best Efforts and Other Employment of Employee.

(a)  Employee agrees that he will at all times faithfully, industriously and to
     the best of his ability, experience and talents, perform all of the duties
     that may be reasonably required of and from him pursuant to the express and
     implicit terms hereof, to the reasonable satisfaction of the Company. Such
     duties shall be rendered at such place or places as the Company shall in
     good faith require or as the interest, needs, business, or opportunities of
     the Company shall require, provided that such duties do not require
     relocation.

(b)  Employee shall devote his normal and regular business time, attention,
     knowledge and skill to the business and interests of the Company, and the
     Company shall be entitled to all of the benefits, profits or other issue
     arising from or incident to all work, services and advice of Employee
     performed for the Company.  Such employment shall be considered "full time"
     employment.

3.   Annual Compensation.

(a)  As compensation for the services to be rendered by Employee, and as
     consideration for entering into the Noncompetition Agreement referred to in
     paragraph 6, below, the Company agrees to provide Employee with the
     following:

     (i)    During the period beginning at Closing, and ending December 31,
            1994, Employee shall be paid a base salary at the annual rate of
            $61,500. Employee shall be paid an additional $10,000 annual amount
            in accordance with paragraph 6 below. Such base salary shall be
            reviewed thereafter on an annual basis at the end of every calendar
            year by Pride Petroleum, Service, Inc.'s ("Pride") management and
            may or may not be adjusted in such manner as shall provided no
            reduction in base salary below the amount specified in this
            subparagraph shall be permitted without the consent of Employee,

     (ii)   An annual incentive bonus opportunity to be established by the
            Company. Such incentive bonus shall be based upon performance
            objectives established by the Company but shall in no event exceed
            55% of Employee's base salary. Such performance objectives shall be
            communicated to Employee as soon as practicable after each January 1
            for the year that begins on that January 1,

                                       2
<PAGE>

     (iii)  A paid vacation each year in accordance with the vacation policy of
            the Company then in effect, the time of such vacation to be mutually
            agreed upon by Employee and the Company.

(b)  In the event Employee's employment pursuant to this Agreement is terminated
     prior to its expiration by reason of his death or permanent incapacity
     (determined in good faith by the Company on advice of a physician),
     Employee, or his personal representative in the event of his death or
     permanent incapacity, shall be entitled to receive the base salary for
     three months following such death or incapacity;

(c)  The Company shall pay Employee's reasonable airline fare, hotel bills, and
     other necessary and proper expenses when traveling on, or otherwise
     performing, the Company's business, provided that Employee furnishes the
     Company with appropriate supporting documentation of such expenses.

4.   Termination for Cause.

     Employee shall be deemed to have been terminated by the Company for cause
     if he is terminated because of his acts or conduct which would make it
     unreasonable to require the Company to retain Employee in its employment,
     such as, but not limited to, dishonesty, activities harmful to the
     reputation of the Company, refusal to perform or neglect of the substantive
     duties assigned to him, breach of paragraph 6 hereof or breach of any of
     the provisions of this Agreement or any policy of the Company or Pride.  If
     Employee is terminated for cause, he shall be entitled to no severance pay,
     shall be entitled to no bonus payment that might otherwise be owed to him,
     and no further payments hereunder.

5.   Termination Without Cause.

     In the event that the Employee is discharged without cause, the Company
     shall pay the Employee in a lump sum equal to all payments which would have
     been required under the terms of this Agreement had such discharge not
     occurred.

6.  Noncompetition.

     In addition to the other salary and compensation herein provided for, the
     Company agrees to pay to Employee, during the term Employee remains in the
     employment of Company, the sum of $10,000 per year to be paid in equal
     installments at the same time Employee is paid his base salary, as
     consideration for Employee's continued employment with the Company and as
     consideration for Employee's Agreement not to compete with the Company
     during the term of this Employment Agreement either directly or indirectly.
     Employee shall not:

                                       3
<PAGE>

          a. engage in the offshore workover rig business in the Gulf of Mexico
     in competition with such business conducted by the Company;

          b. solicit any customers of the Company or any of the former customers
     of Offshore Rigs, L.L.C. for any business in competition with the Company
     in the Gulf of Mexico;

          c. request any customer or supplier of the Company to curtail or
     cancel their business with the Company;

          d. disclose to any person, firm or corporation any details of the
     organization or business affairs or any names of customers of the Company
     or of Offshore Rigs, L.L.C. which would be detrimental to the Company;

          e. induce or attempt to influence any employee of the Company to
     terminate his or her employment with the Company or employ or assist anyone
     else in the employment of any of the Company's employees; or

          f. provide any consulting service(s) or engage in any business in the
     Gulf of Mexico or any Louisiana coastal parishes which provides, produces,
     sells products, is a lessor, or provides services which is in competition
     with the Company which the Company provides in the Noncompetition Area.

7.   Confidentiality.

     The Employee will not at any time during or after his employment by the
     Company, directly or indirectly, divulge, disclose or communicate to any
     person, firm or corporation in any manner whatsoever any information
     concerning any matters affecting or relating to the Company or the business
     of the Company for a purpose which is necessary to the carrying out of the
     Employee's duties as an employee of the Company.

     The Employee agrees to the foregoing without regard to whether all of the
     foregoing matters will be deemed confidential, material or important, it
     being stipulated by the parties that all information, whether written or
     otherwise, regarding the Company's business, including, but not limited to,
     information regarding customers, customer lists, employees, employee
     salaries, costs, prices, earning, and any financial or cost accounting
     reports, products, services, formulae, compositions, machines, equipment,
     apparatus, systems, acquisitions, new location plans, prospective and
     executed contracts and other business arrangements, and sources of supply,
     is presumed to be important, material and confidential information of the
     Company for purposes of this Agreement,

                                       4
<PAGE>

     except to the extent that such information may be otherwise lawfully and
     readily available to the general public. Employee agrees that all such
     information is a trade secret owned exclusively by the Company which shall
     at all times be kept confidential. The Employee further agrees that he
     will, upon termination of his employment with the Company, return to the
     Company all books, records, lists and other written, typed or printed
     materials, whether furnished by the Company or prepared by the Employee,
     which contain any information relating to the Company's business, and the
     Employee agrees that he will neither make nor retain any copies of such
     materials after termination of employment.

8.  Business Opportunities, Patentable Devices, Etc.

     Employee will make full and prompt written disclosure to the Company or its
     nominee of:

     (a) Any business opportunity of which he becomes aware and which relates to
     the business of the Company or its affiliates; and

     (b)  Any patentable device, apparatus, method, rig design, process or
     improvement which he may invent or discover, either solely or jointly with
     any other person or persons, resulting from or in the course of any work
     done by him as an employee of the Company, or relating to the work or
     duties he was employed or assigned to perform or actually does perform for
     the Company, or relating to any phase of the Company's business or fields
     of interest in each case whether or not such patentable device, apparatus,
     method, process or improvement is:

          (i)  related to the project to which he is so assigned,

          (ii) made with a contribution by the Company or the use of Company or
     Company-held facilities, equipment, materials, allocated funds, proprietary
     information, or services of Company employees or associated persons,

          (iii)  made during working hours, or

          (iv) made before or during the period of Employee's employment
     pursuant to this Agreement.

9.   Early Termination or Breach of Noncompetition Agreement.

     In the event Employee shall end his employment with the Company prior to
     the termination date provided herein, or in the event Employee shall
     compete with the Company in violation

                                       5
<PAGE>

     of the Noncompetition Agreement, Employee shall be subject to all of the
     penalties contained in this Employment Agreement and the Noncompetition
     Agreement.

10.  Modification.

     If, in any action before any court or agency legally empowered to enforce
     such covenants, any term, restriction, covenant or promise contained herein
     is found to be unreasonable, unlawful or otherwise invalid and for that
     reason unenforceable, then such term, restriction, covenant or promise
     shall be deemed modification to the extent necessary to make it enforceable
     by such court or agency.

11.  Remedies; Survival of Employee's Covenants.

     Without limiting the rights of the Company to pursue all other legal and
     equitable rights available to them for any violation of the covenants of
     Employee herein, it is agreed that: (a) the services to be rendered by
     Employee under this Agreement are of a special, unique, unusual and
     extraordinary character,which give them a peculiar value, and the loss of
     such services cannot be reasonably and adequately compensated in damages in
     an action at law, and (b) remedies other than injunctive relief cannot
     fully compensate the Company for violation of certain paragraphs of this
     Agreement; accordingly, the Company shall be entitled to injunctive relief
     to prevent violations of such paragraphs or continuing violations thereof.
     All of Employee's covenants in and obligations under this Agreement shall
     continue in effect notwithstanding any termination of Employee's
     employment, whether by the Company or by Employee, upon expiration or
     otherwise, and whether or not pursuant to the terms of this Agreement.

12.  Life Insurance.

     The Company shall have the right, at its own expense and for its own
     benefit, to take out life insurance on Employee in such amount or amounts
     as it shall see fit, and Employee agrees to cooperate with the Company in
     obtaining such insurance.

13.  Successors and Assigns; Parties in Interest.

     This Agreement shall be binding upon the Company, its successors and
     assigns and upon Employee, his heirs, executors and administrators.

14.  Notices.

     Notices contemplated by this Agreement shall be in writing and shall be
     deemed given when delivered in person or mailed certified, first class mail
     postage prepaid, to the Company at

                                       6
<PAGE>

     1500 City West Blvd., Suite 400, Houston, Texas 77042, or to Employee
     at ___________________________________________.

15.  Integration.

     This Agreement and the Exhibit, attached hereto, contain the entire
     agreement between the parties hereto with respect to the transactions
     contemplated herein, supersedes all prior negotiations and Agreements, both
     oral and written, between the parties and cannot be amended, supplemented
     or modified except by an instrument in writing signed by all parties.

16.  Headings.

     The headings in this Agreement are inserted for convenience of reference
     only and shall not affect the meaning or interpretation of this Agreement.

17.  Governing Law.

     This Agreement shall be governed by and construed in accordance with the
     laws of the State of Louisiana.

     IN WITNESS WHEREOF, this Agreement is effective as of the date written
above.

                                    PRIDE OFFSHORE, INC.

                                    By:   /s/ Ray H. Tolson
                                        -------------------
                                        Ray H. Tolson
                                        President

                                    EMPLOYEE:

                                          /s/ David A. Bourgeois
                                      --------------------------
                                    David A. Bourgeois

                                       7

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