WFTLF 10-K Annual Report Dec. 31, 2020 | Alphaminr
Weatherford International plc

WFTLF 10-K Fiscal year ended Dec. 31, 2020

WEATHERFORD INTERNATIONAL PLC
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TABLE OF CONTENTS
Part IItem 1. BusinessItem 1A | Risk FactorsItem 1A. Risk FactorsItem 1B. Unresolved Staff CommentsItem 2 | PropertiesItem 2. PropertiesItem 3. Legal ProceedingsItem 4. Mine Safety DisclosuresPart IIItem 5. Market For Registrant S Common Equity, Related Stockholder Matters and Issuer Purchases Of Equity SecuritiesItem 6. Selected Financial DataItem 7. Management S Discussion and Analysis Of Financial Condition and Results Of OperationsItem 7 | Md&aItem 7A. Quantitative and Qualitative Disclosures About Market RiskItem 8 | Financial Statements and Supplementary DataItem 8. Financial Statements and Supplementary DataItem 8 | Notes To The Consolidated Financial StatementsItem 9 | Changes in and Disagreement with Accountants on Accounting and Financial DisclosureItem 9. Changes in and Disagreement with Accountants on Accounting and Financial DisclosureItem 9A. Controls and ProceduresItem 9B. Other InformationItem 10 | Directors, Executive Officers and Corporate GovernancePart IIIItem 10. Directors, Executive Officers and Corporate GovernanceItem 11. Executive CompensationItem 12. Security Ownership Of Certain Beneficial Owners and Management and Related Stockholder MattersItem 12(d). Securities Authorized For Issuance Under Equity Compensation Plan InformationItem 12(d)Item 13. Certain Relationships and Related Transactions, and Director IndependenceItem 14. Principal Accounting Fees and ServicesPart IVItem 15. Exhibits, Financial Statement SchedulesItem 16. Form 10-k Summary

Exhibits

3.1 Amended and Restated Memorandum and Articles of Association of Weatherford International public limited company. Exhibit 3.1 of theCompanys CurrentReport on Form 8-Kfiled December 18, 2019 File No. 1-36504 4.1 Description of the Securities. 4.2 Indenture, dated December 13, 2019, by and among Weatherford International Ltd., as issuer, the guarantors thereto and Deutsche Bank Trust Company Americas, as trustee. Exhibit 4.1 of the Companys CurrentReport on Form 8-Kfiled December 18, 2019 File No. 1-36504 4.3 Form of Senior Note (included in Exhibit 4.2). Included in Exhibit 4.1 of the Companys CurrentReport on Form 8-Kfiled December 18, 2019 File No. 1-36504 4.4 Form of Warrant Certificate (included in Exhibit 10.34). Included in Exhibit 10.4 of the Companys CurrentReport on Form 8-Kfiled December 18, 2019 File No. 1-36504 4.5 Indenture, dated August 28, 2020, by and among Weatherford International Ltd., as issuer, the guarantors party thereto and Wilmington Trust, National Association, as trustee and collateral agent. Exhibit 4.1 of theCompanys CurrentReport on Form 8-Kfiled August 28, 2020 File No. 1-36504 4.6 Form of Senior Note (included in Exhibit 4.5). Included in Exhibit 4.1 ofthe Companys CurrentReport on Form 8-Kfiled August 28, 2020 File No. 1-36504 *10.1 Employment Letter, dated March 3, 2017, between Weatherford International plc and Mark A. McCollum Exhibit 10.3 to theCompany's QuarterlyReport on Form 10-Qfor the quarter endedMarch 31, 2017 filedApril 28, 2017 File No. 1-36504 *10.2 Offer Letter between Weatherford International Ltd. and Christian A. Garcia. Exhibit 10.3 of theCompanys AnnualReport on Form 10-Kfor the year endedDecember 31, 2019filed March 16, 2020 File No. 1-36504 *10.3 Letter Agreement with Karl Blanchard dated June 10, 2020. Exhibit 10.6 of theCompanys QuarterlyReport on Form 10-Qfor the quarter endedJune 30, 2020filed August 14, 2020 File No. 1-36504 *10.4 Offer Letter to H. Keith Jennings dated August 6, 2020. Exhibit 10.4 of theCompanys QuarterlyReport on Form 10-Qfor the quarter endedSeptember 30, 2020filed November 4, 2020 File No. 1-36504 *10.5 Offer Letter to Girishchandra K. Saligram dated September 9, 2020. Exhibit 10.5 of theCompanys QuarterlyReport on Form 10-Qfor the third quarter endedSeptember 30, 2020filed November 4, 2020 File No. 1-36504 *10.6 Form of Deed of Indemnity of Weatherford International plc entered into by each director of Weatherford International plc and each of the following executive officers of Weatherford International plc: Karl Blanchard (August 21, 2017), Scott C. Weatherholt (July 23, 2020), H. Keith Jennings (September 18, 2020) and Girish K. Saligram (October 12, 2020). Exhibit 10.11 of theCompanys CurrentReport on Form 8-K12Bfiled June 17, 2014 File No. 1-36504 *10.7 Form of Deed of Indemnity of Weatherford International Ltd entered into by each director of Weatherford International plc and each of the following executive officers of Weatherford International plc: Scott C. Weatherholt (July 23, 2020), H. Keith Jennings (September 18, 2020) and Girishchandra K. Saligram (October 12, 2020). Exhibit 10.12 of theCompanys CurrentReport on Form 8-K12Bfiled June 17, 2014 File No. 1-36504 *10.8 Deed of Indemnity of Weatherford International Ltd. entered into by Karl Blanchard (August 21, 2017) Exhibit 10.4 of theCompanys QuarterlyReport on Form 10-Qfor the quarter endedSeptember 30, 2017 File No. 1-36504 *10.9 Form of Change in Control Agreement entered into by each of the following executive officers of Weatherford International plc: Karl Blanchard (August 21, 2017) and Stuart Fraser (April 15, 2018) Exhibit 10.1 of the Companys Current Report on Form 8-K filed December 15, 2016 File No. 1-36504 *10.10 Form of Amendment to Change in Control Agreement entered into by each of the following executive officers of Weatherford International plc: Karl Blanchard and Stuart Fraser, each such amendment effective as of December 13, 2019. Exhibit 10.7 of theCompanys QuarterlyReport on Form 10-Qfor the quarter endedJune 30, 2020 filedfiled August 14, 2020 File No. 1-36504 *10.11 Weatherford International Change in Control Severance Plan. Exhibit 10.1 of theCompanys CurrentReport on Form 8-Kfiled November 20, 2020 File No. 1-36504 *10.12 2019 Executive Bonus Plan. Exhibit 99.1 of theCompanys CurrentReport on Form 8-Kfiled April 2, 2019 File No. 1-36504 *10.13 Form of Retention Award. Exhibit 99.2 of the Companys Form 8-K filed April 2, 2019 File No. 1-36504 *10.14 Executive Non-Equity Incentive Compensation Plan (as Amended and Restated) Exhibit 10.2 of theCompanys CurrentReport on Form 8-Kfiled April 15, 2020 File No. 1-36504 *10.15 Weatherford International plc 2019 Equity Incentive Plan. Exhibit 10.8 of theCompanys CurrentReport on Form 8-Kfiled December 18, 2019 File No. 1-36504 *10.16 Weatherford International plc Amended and Restated 2019 Equity Incentive Plan. Exhibit 10.1 of theCompanys QuarterlyReport on Form 10-Qfor the quarter endedJune 30, 2020 filedAugust 14, 2020 File No. 1-36504 *10.17 Weatherford International plc Second Amended and Restated 2019 Equity Incentive Plan. Exhibit 10.6 of theCompanys QuarterlyReport on Form 10-Qfor the quarter endedSeptember 30, 2020 filedNovember 4, 2020 File No. 1-36504 *10.18 Form of Christian A. Garcia Award Agreement Exhibit 10.3 of theCompanys CurrentReport on Form 8-Kfiled April 15, 2020 File No. 1-36504 *10.19 Form of Restricted Share Unit Award Agreement. Exhibit 10.3 of theCompanys CurrentReport on Form 8-Kfiled November 20, 2020 File No. 1-36504 *10.20 Form of Performance Share Unit Award Agreement. Exhibit 10.4 of theCompanys CurrentReport on Form 8-Kfiled November 20, 2020 File No. 1-36504 *10.21 Form of Restricted Share Unit Award Agreement. Exhibit 10.2 of theCompanys CurrentReport on Form 8-Kfiled January 8, 2021 File No. 1-36504 *10.22 Form of Performance Share Unit Award Agreement. Exhibit 10.3 of theCompanys CurrentReport on Form 8-Kfiled January 8, 2021 File No. 1-36504 *10.23 Form of Phantom Share Unit Award Agreement. Exhibit 10.4 of theCompanys CurrentReport on Form 8-Kfiled January 8, 2021 File No. 1-36504 *10.24 Amended and Restated Performance Share Unit Award Agreement - Girish K. Saligram (February 17, 2021) *10.25 Weatherford International plc Short-Term Incentive Plan. Exhibit 10.1 of theCompanys CurrentReport on Form 8-Kfiled January 8, 2021 File No. 1-36504 *10.26 Weatherford International plc 2020 Long-Term Cash Incentive Plan. Exhibit 10.1 of theCompanys CurrentReport on Form 8-Kfiled April 24, 2020 File No. 1-36504 *10.27 Form of Long-Term Cash Incentive Plan Award Agreement. Exhibit 10.2 of theCompanys CurrentReport on Form 8-Kfiled April 24, 2020 File No. 1-36504 *10.28 Form of Long-Term Cash Incentive Plan Award Agreement. Exhibit 10.2 of theCompanys CurrentReport on Form 8-Kfiled November 20, 2020 File No. 1-36504 10.29 ABL Credit Agreement by and among Weatherford International Ltd., Weatherford International plc, Weatherford International LLC, Wells Fargo Bank, N.A. and the lenders party thereto from time to time, dated December 13, 2019. Exhibit 10.1 of theCompanys CurrentReport on Form 8-Kfiled December 18, 2019 File No. 1-36504 10.30 LC Credit Agreement, dated December 13, 2019 (as amended by Amendment No.1, dated August 28, 2020), by and among Weatherford International Ltd., Weatherford International plc, Weatherford International LLC, Deutsche Bank Trust Company Americas and the lenders party thereto from time to time (included in Exhibit 10.29). Exhibit 10.2 of theCompanys CurrentReport on Form 8-Kfiled December 18, 2019 File No. 1-36504 10.31 Amendment No. 1 to LC Credit Agreement and Amendment No. 1. To U.S. Security Agreement, dated August 28, 2020, by and among Weatherford International Ltd., Weatherford International plc, Weatherford International LLC, the other guarantors of the LC Credit Agreement, Deutsche Bank Trust Company Americas and the lenders under the LC Credit Agreement. Exhibit 10.1 of theCompanys CurrentReport on Form 8-Kfiled August 28, 2020 File No. 1-36504 10.32 Intercreditor Agreement by and between Wells Fargo Bank, N.A., Deutsche Bank Trust Company Americas, Weatherford International plc and the grantors party there to from time to time, dated December 13, 2019. Exhibit 10.3 of theCompanys CurrentReport on Form 8-Kfiled December 18, 2019 File No. 1-36504 10.33 Intercreditor Agreement, dated August 28, 2020, by and among Deutsche Bank Trust Company Americas, Wilmington Trust National Association, BTA Institutional Services Australia Limited, Weatherford International plc and the grantors parties there to from time to time. Exhibit 10.3 of theCompanys CurrentReport on Form 8-Kfiled August 28, 2020 File No. 1-36504 10.34 Warrant Agreement by and between Weatherford International plc and American Stock Transfer & Trust Company, LLC, dated December 13, 2019. Exhibit 10.4 of theCompanys CurrentReport on Form 8-Kfiled December 18, 2019 File No. 1-36504 10.35 Registration Rights Agreement by and among Weatherford International plc and certain stockholders thereto, dated December 13, 2019. Exhibit 10.5 of theCompanys CurrentReport on Form 8-Kfiled December 18, 2019 File No. 1-36504 21.1 Subsidiaries of Weatherford International plc 31.1 Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 31.2 Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 32.1 Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 32.2 Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002