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NBR > SEC Filings for NBR > Form 8-K on 15-Jul-2013All Recent SEC Filings

Show all filings for NABORS INDUSTRIES LTD



Entry into a Material Definitive Agreement, Material Modification to Rights

Item 1.01. Entry into a Material Definitive Agreement.

Effective July 15, 2013, the Company entered into the Second Amendment (the "Second Amendment") to the Rights Agreement, dated as of July 16, 2012 (as amended to date, the "Rights Agreement"), by and between the Company and Computershare Trust Company, N.A., as the rights agent, to extend the Final Expiration Date of the Rights Agreement to July 16, 2016 and to increase the Purchase Price for each one one-thousandth of a Preferred Share to $80.00.

The foregoing description of the Second Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Second Amendment, which is filed as Exhibit 4.1 hereto and is incorporated herein by reference.

Item 3.03. Material Modification to Rights of Security Holders.

The information set forth under Item 1.01 "Entry into a Material Definitive Agreement" of this Current Report on Form 8-K is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.                                Description
4.1           Second Amendment, dated as of July 15, 2013, to the Rights Agreement,
              dated as of July 16, 2012, between Nabors Industries Ltd. and
              Computershare Trust Company, N.A. (incorporated by reference to
              Exhibit 4.3 to Amendment No. 2 to the Registration Statement on
              Form 8-A filed by Nabors Industries Ltd. on July 15, 2013).

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