Transocean Proxy Statement and 2010 Annual Report

Contributions are based on a participant’s annual salary. Regular retirement age under the plan is age
65 for men and 64 for women, as is customary in Switzerland.
Transocean Supplemental Executive Retirement Plan
We maintain the Transocean Supplemental Executive Retirement Plan for a select group of
management and highly compensated employees. Ms. Richard was the only Named Executive Officer in
2010 who participated in this plan. The plan is a nonqualified, unfunded, noncontributory plan established
for the purpose of attracting, retaining and motivating executives in key positions within top management.
The present value of these benefits was calculated based on assumptions used in the Company’s
financial statements for 2010. The key assumptions are:
Interest Rate: 4.68%
Mortality Table: 2010-417(e)
Form of Payment: Lump Sum
Lump Sum Rate: 3.50%
Compensation: Base Salary + Non-Equity Incentive Plan Compensation
Retirement Age: 62
Nonqualified Deferred Compensation for Fiscal Year 2010
The following table and narrative disclosure set forth certain information with respect to nonqualified
deferred compensation payable to the Named Executive Officers. All nonqualified deferred compensation
plan benefits are payable in cash from the Company’s general assets.
Executive Registrant Aggregate Aggregate Aggregate
Contributions Contributions Earnings Withdrawals/ Balance at
in Last FY in Last FY(1) in Last FY(2) Distributions Last FYE(3)
Name ($) ($) ($) ($) ($)
Steven L. Newman 0 0 1,160 0 36,426
Ricardo H. Rosa 0 0 143 0 4,494
Eric B. Brown 0 0 2,006 0 62,971
Arnaud A.Y. Bobillier 0 0 0 0 0
Ihab M. Toma 0 0 0 0 0
Robert L. Long 0 0 6,294 295,104 0
Cheryl D. Richard 0 0 0 0 0
(1) The Transocean U.S. Supplemental Savings Plan was frozen as of December 31, 2008. Accordingly, no new participants were
added in 2010. The balances under the plan will continue to accrue interest and remain in the plan until the participant leaves
the Company.
(2) Represents earnings in 2010 on balances in the Transocean U.S. Supplemental Savings Plan.
(3) Represents balances as of December 31, 2010 in the Transocean U.S. Supplemental Savings Plan.
Transocean U.S. Supplemental Savings Plan
The Named Executive Officers and certain other highly compensated employees as of December 31,
2008 are eligible to participate in the nonqualified, unfunded Transocean U.S. Supplemental Savings Plan
if the level of their base salaries would otherwise cause them to exceed the contribution limits imposed by
the Internal Revenue Code on the Transocean U.S. Savings Plan. Base pay is used to calculate the benefit.
The Company maintains on its books an account for each participant to whom it credits (1) the amount of
any Company matching contributions which are not paid to the Transocean U.S. Savings Plan due to
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