Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On May 13 2008, Robert D. Campbell resigned as Senior Vice President and
General Counsel of Noble Corporation (the "Company") in connection with his
retirement from the Company.
In connection with Mr. Campbell's leaving the Company, the Company and
Mr. Campbell have executed a Separation Agreement, dated May 13, 2008 (the
"Separation Agreement"). Under the Separation Agreement, Mr. Campbell will
receive severance pay of $300,000. The terms of the Separation Agreement further
provide for a general release and other customary provisions. A copy of the
Separation Agreement between Mr. Campbell and the Company is attached hereto as
Exhibit 10.1
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
EXHIBIT
NUMBER DESCRIPTION
10.1 - Separation Agreement between Noble Corporation and Robert D. Campbell,
dated May 13, 2008
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