Item 5.02 Departure of Directors or Certain Officers; Election of Directors;


                   Appointment of Certain Officers; Compensatory 

Arrangements of Certain


                   Officers.



Approval of Change in Control Severance Plan



On November 17, 2020, the Board of Directors (the "Board") of Weatherford
International plc (the "Company"), upon the recommendation of the Compensation
and Human Resources Committee of the Board (the "Committee"), adopted the
Weatherford International plc Change in Control Severance Plan (the "Plan").
The Plan will cover certain executive officers selected by the Committee and
whose compensation is under the direct purview of the Committee, including our
Chief Executive Officer, Girish K. Saligram, and our Chief Financial Officer, H.
Keith Jennings. Executives who have existing change in control agreements, such
as Karl Blanchard and Stuart Fraser will remain subject to their existing
agreements. Under the Plan, participants will receive severance payments and
benefits if they experience a termination of employment by the Company without
"Cause" or by the participant for "Good Reason" (each as defined in the Plan) in
the 6 months prior to or 12 months following a "Change in Control" (as defined
in the Plan). Upon such a termination, participants will be able to receive (i)
an amount equal to two (for participants with a title of Executive Vice
President or above, including Messrs. Saligram and Jennings) or one (for other
participants) times the sum of (x) the higher of the participant's base salary
in effect immediately prior to the Change in Control or the termination and (y)
the participant's target bonus, (ii) a prorated target annual bonus for the year
of termination, (iii) two or one year(s) of continued health and welfare
benefits and (iv) up to 6 months of outplacement services. In order to
participate in the Plan, participants must execute the Company's form
Confidentiality and Restrictive Covenant Agreement, which provides for a 6-month
post-termination non-competition covenant, 12-month post-termination
non-solicitation of employees covenant and a perpetual non-disparagement
covenant. The receipt of such severance payments and benefits is subject to the
execution and non-revocation of a release of claims by the participant.
The foregoing summary is qualified in its entirety by the Plan, which is filed
as Exhibit 10.1 to this Form 8-K and incorporated herein by reference.
Approval of Long-Term Cash Incentive Plan

On November 17, 2020, the Board approved the form of award agreement for the
long-term cash incentive award (an "LTCIP Award") under the Company's 2020
Long-Term Cash Incentive Plan (the "LTCIP"), which will be used for the LTCIP
Awards to Messrs. Saligram and Jennings in the amounts set forth in their offer
letters.
For Messrs. Saligram and Jennings, the time-based portion of the award vests in
equal installments on each of December 31, 2020, 2021 and 2022, and the
performance-based portion of the award vests upon the achievement of specified
performance goals. The award agreement also provides that the time-based portion
of the LTCIP Award will vest earlier upon a "covered termination," which is
defined as a termination without "cause", a resignation for "good reason" (as
such terms are defined in the Company's Change in Control Severance Plan) or a
termination due to death or disability.
The foregoing summary is qualified in its entirety by the LTCIP Award, which is
filed as Exhibit 10.2 to this Form 8-K and incorporated herein by reference.
Approval of Forms of Award Agreement

On November 17, 2020, the Board approved the forms of restricted share unit
award agreement and performance share unit award agreement for senior executives
under the Company's Amended and Restated 2019 Equity Incentive Plan.
The foregoing summary is qualified in its entirety by the forms of award
agreement, which are filed as Exhibits 10.3 and 10.4, respectively, to this Form
8-K and incorporated herein by reference.


--------------------------------------------------------------------------------



                 Item 9.01      Financial Statements and Exhibits.

                     (d)        Exhibits


    Exhibit Number           Exhibit Description
         10.1                Weatherford International Change in Control Severance Plan
         10.2                Form of Long-Term Cash Incentive Plan Award Agreement
         10.3                Form of Restricted Share Unit Award Agreement
         10.4                Form of Performance Share Unit Award Agreement
         104                 Cover Page Interactive Data File - the cover page XBRL tags are embedded
                             within the Inline XBRL document.



--------------------------------------------------------------------------------

© Edgar Online, source Glimpses