Document:

Exhibit 10.4
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AMENDMENT NO. 1
TO
PERFORMANCE-BASED RESTRICTED STOCK UNIT AGREEMENT
under the
2018 OMNIBUS STOCK INCENTIVE PLAN
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THIS AMENDMENT No. 1 (the “Amendment”), effective as of April 10, 2020 (the “Amendment Date”), amends the Performance-Based Restricted Stock Unit Agreement (the “Agreement”) under the Pacific Drilling S.A. 2018 Omnibus Stock Incentive Plan (the “Plan”), entered into between W. Matt Ralls (the “Participant”) and Pacific Drilling S.A. (the “Company”) dated December 20, 2018.  Capitalized terms used but not defined in this Amendment shall have the meanings given to them in the Agreement.
The parties hereto agree to amend the Agreement to provide as follows:
1.         If a Change of Control has not occurred on or before December 31, 2020, the Agreement shall expire and the RSUs shall be forfeited.
2.         Except as hereby specifically amended, the Agreement remains in full force and effect according to its terms.
IN WITNESS WHEREOF, the Company and the Participant have executed this Amendment, which shall be effective as of the Amendment Date.
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	PACIFIC DRILLING S.A.

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	By:
	/s/ John V. Simon

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	John V. Simon

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	Chairman of the Compensation Committee

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	PARTICIPANT:

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	/s/ W. Matt Ralls

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	W. Matt Ralls

​Exhibit 10.5
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PACIFIC DRILLING S.A.
NOTICE OF LONG TERM INCENTIVE CASH AWARD (Chairman Form)
Pacific Drilling S.A. (the “Company”) hereby grants you (the “Participant”) the following Long Term Incentive Cash Award (the “Cash Award”).  The terms and conditions of this Cash Award are set forth in this notice below.
	Participant Name:
	W. Matt Ralls

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	Employee Number:
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	Grant Name:
	Chairman Cash Award (2020)

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	Award Date:
	April 10, 2020

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	Total Cash Award:
	$100,000

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	 Vesting Schedule:
	The Cash Award will vest on December 12, 2020 (the “Vesting Date”), subject to your continued service as a director as of such date.  Notwithstanding the foregoing, if your service as a director terminates prior to the Vesting Date for any reason other than your voluntary resignation, the unvested Cash Award will become fully vested on the date of your termination of service.  Your voluntary resignation as a director prior to the Vesting Date will result in forfeiture of the unvested Cash Award; provided, however, that you will not be deemed to have voluntarily resigned if your resignation is at the request of the Board or a significant shareholder.
In the event of a Change of Control (as defined in the Company’s 2018 Omnibus Stock Incentive Plan) prior to the Vesting Date, the unvested Cash Award will become fully vested on the date of the Change of Control.

	 Other Terms Applicable to the Cash Award:
	Payment Timing:  The Cash Award will be paid to you as soon as reasonably practical after vesting, but no later than 30 days thereafter, in accordance with the Company’s normal payroll practices, subject to any withholding taxes due in connection with the payment.
Clawback: Notwithstanding anything to the contrary contained herein, the Company may cancel the Cash Award if you violate any non-competition, non-solicitation, non-disparagement or non-disclosure covenant or agreement with the Company or any affiliate, (after having been given notice of any such violation and giving effect to any applicable cure period set forth therein), as determined by the Board (excluding you) in good faith.  In such event, you will forfeit any compensation, gain or other value realized thereafter on the vesting of the Cash Award, and must promptly repay such amounts to the Company.
Retention Rights: This Notice does not give you the right to continue in the service of the Company or its affiliates in any capacity.
Administration:  The Cash Award will be administered by the Compensation Committee of the Company’s Board of Directors (the “Committee”).  All determinations, interpretations and other decisions under or with respect to the Cash Award by the Committee shall be final, conclusive and binding.
Tax Matters:   The Cash Award is intended to be exempt from Section 409A of the Code as a short term deferral, and all such provisions shall be construed and interpreted accordingly.

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By clicking “Agree” below, you acknowledge receipt of this Notice, and agree that (a) you have carefully read, fully understand and agree to all of the terms and conditions described in this Notice; (b) you understand and agree that  this Notice constitutes the entire understanding between you and the Company regarding this Cash Award, and (c) any tax liability in connection with the Cash Award will be your responsibility.  In addition, by clicking “Agree” below you are consenting to receive documents from the Company and Solium Capital Inc. or any future plan administrator (the “Administrator”) by means of electronic delivery.
Pacific Drilling S.A.
SOCIÉTÉ ANONYME
8-10 Avenue de la Gare
L-1610 Luxembourg
By:  Bernie G. Wolford Jr.
Title:   CEOExhibit 10.6

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April 1, 2020
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Bernie G. Wolford Jr.
address
city, state zip
Re: Consent to Salary Reduction and Waiver of Good Reason Provision
Dear Bernie:
You are currently a party to an Employment Agreement with Pacific Drilling Manpower, Inc., a Delaware company and an indirect wholly-owned subsidiary of Pacific Drilling S.A., (together, the “Company”), dated as of November 19, 2018, as amended or restated from time to time (your “Employment Agreement”). Capitalized terms used but not defined herein shall have the meaning set forth in the Employment Agreement.
As you are aware, the Company has determined to effect a Company-wide reduction in base salaries effective April 1, 2020, which will reduce your base salary by 10% (the “Reduction”).  Pursuant to Section 5(c)(i) of your Employment Agreement, “a material diminution in [your] Base Salary or target Annual Bonus” qualifies as a Good Reason to terminate your employment.
By signing this letter agreement, you acknowledge and agree that (i) you are aware of the Reduction and have reviewed your Employment Agreement, (ii) you consent to the Reduction and agree that it does not constitute Good Reason under your Employment Agreement, and (iii) you waive any right that you may have to assert that you may resign your employment for Good Reason with respect to this reduction in your base salary or to assert that you were entitled to any severance compensation or benefits as a result of Good Reason in connection with the Reduction.
In addition, the Company agrees that if you are terminated without Cause or you terminate your employment for Good Reason (which, for the avoidance of doubt, may not be triggered by the Reduction) following the date of this letter agreement and during the term of your Employment Agreement, for purposes of calculating any Severance Payment or CIC Severance Payment, as applicable, that may be due you under Section 6(b) of the Employment Agreement, the Base Salary used for purposes of the calculation, including for purposes of calculating the target value of your Annual Bonus, will be no less than your Base Salary in effect on March 31, 2020.
You understand that, except as expressly modified by this letter agreement, your Employment Agreement shall remain in full force and effect and that this letter agreement embodies the entire agreement and understanding of the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings, whether oral or written, relating
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thereto. This letter agreement shall be governed and construed by the laws of the State of Texas without regard to the conflict of laws principles thereof.  This letter agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
If you have any questions, please do not hesitate to contact me.
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	Sincerely,

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	/s/ Amy Roddy

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	Amy Roddy
SVP Corporate Services

	Acknowledged and Agreed to as of the Date First Written Above:
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	Bernie G. Wolford Jr.
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	Bernie G. Wolford Jr.
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2Exhibit 10.7

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April 1, 2020
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James W. Harris
address
city, state zip
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Re: Modification of Employment Agreement
Dear Jim:
You are currently a party to an Employment Agreement with Pacific Drilling Manpower, Inc., a Delaware corporation and an indirect wholly-owned subsidiary of Pacific Drilling S.A. (together, the “Company”), dated as of July 22, 2019, as amended or restated from time to time (your “Employment Agreement”). Capitalized terms used but not defined herein shall have the meaning set forth in the Employment Agreement.
As you are aware, the Company has determined to effect a Company-wide reduction in base salaries effective April 1, 2020 which will reduce your base salary by 10% (the “Reduction”). The Reduction constitutes a “reduction that is part of, and consistent in amount, percentage and/or application with, an across-the-board reduction in the base salaries of the senior executives of the Company” and thus neither requires your consent under Section 3(a) of your Employment Agreement nor constitutes “Good Reason” under Section 5(c)(i) of your Employment Agreement for purposes of a termination under Section 6(b)(i) thereof.
By signing this letter, you acknowledge and agree that you (i) are aware of the Reduction and have reviewed your Employment Agreement, (ii) affirm that the Reduction neither requires your consent under your Employment Agreement nor constitutes “Good Reason” under your Employment Agreement for purposes of a termination under Section 6(b)(i) thereof, and (iii) waive any right in the future to assert that you were entitled to any severance compensation or benefits as a result of Good Reason in connection with the Reduction.
In addition, the Company agrees that if you are terminated without Cause or you terminate your employment for Good Reason (which, for the avoidance of doubt, may not be triggered by the Reduction) following the date of this letter agreement and during the term of your Employment Agreement, for purposes of calculating any Severance Payment or CIC Severance Payment, as applicable, that may be due you under Section 6(b) of the Employment Agreement, the Base Salary used for purpose of the calculation, including for purposes of calculating the target value of your Annual Bonus, will be no less than your Base Salary in effect on March 31, 2020.
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Your agreement to the terms of this letter agreement is in consideration of your continued employment with the Company; provided, that in no event shall this letter agreement alter the at-will nature of your employment with the Company, which may be terminated by either party at any time for any reason or no reason, subject to any obligations that may arise under the Employment Agreement.
 You understand that the Employment Agreement shall remain in full force and effect and that this letter agreement embodies the entire agreement and understanding of the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings, whether oral or written, relating thereto. This letter agreement shall be governed and construed by the laws of the State of Texas without regard to the conflict of laws principles thereof.  This letter agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
If you have any questions, please do not hesitate to contact me.
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	Sincerely,

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	/s/ Amy Roddy

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	Amy Roddy
SVP Corporate Services

	Acknowledged and Agreed to as of the Date First Written Above:
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	/s/ James W. Harris
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	James W. Harris
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