EX-3
from SC 13D/A
1 page
As an Inducement to Carl C. Icahn and Certain Entities Affiliated With Mr. Icahn Signing the Nomination and Standstill Agreement With Transocean Ltd. (The “Company”), Dated as of the Date Hereof, the Company and the Board of Directors (The “Board”) Hereby Agree That You Are Entitled to Attend All the Board Meetings of the Company Prior to Your Potential Election at the 2014 Annual Meeting; Provided That Such Agreement Shall Not Have Been Terminated Prior to Your Attendance at Any Such Meeting. the First Meeting of the Board Will Take Place on November 15, 2013 at 8 A.M. Swiss Time, at the Company’s Office Located at Tumstrasse 30, Ch 6300 Zug, Switzerland. We Will Provide Written Notice to You of Additional Board Meetings as They Are Scheduled. as You Have Not Yet Been Elected to the Board, You Would Be Attending Board Meetings as an Observer and Will Not Be Voting on Any Matters That Come Before the Board
12/34/56
