UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 6, 2016 (November 30, 2016)

C&J Energy Services Ltd.

(Exact name of registrant as specified in its charter)

Crown House, 2nd floor

4 Par-la-Ville Rd

Hamilton HM08 Bermuda

(Address of principal executive offices)

Registrant’s telephone number, including area code: (441) 279-4200

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

On November 30, 2016, C&J Energy Services Ltd. (the “Company”) entered into amendments to the existing employment agreements (collectively, the “Executive Employment Agreement Amendments”) of each of Mr. Donald J. Gawick, Mr. Everett “Mike” Hobbs, Mr. Mark Cashiola, Ms. Danielle Hunter, Mr. Patrick Bixenman, Mr. Edward Keppler, Mr. Nicholas Petronio and Mr. Timothy Wallace in connection with the Company’s determination that such persons will continue to serve as executive officers of the reorganized company in the positions noted below following emergence from the Chapter 11 cases being administered under the caption “In re: CJ Holding Co., et al., Case No. 16-33590” in the United States Bankruptcy Court for the Southern District of Texas, Houston Division:

Additionally, the Company entered into amendments to the existing employment agreements of each of Mr. James H. Prestidge, Jr. and Mr. Larry Heidt, determining, among other things, that such persons are no longer deemed senior executive officers of the Company and will not be appointed senior executive officers of the reorganized company.

Amendment of the Employment Agreements of Mr. Donald J. Gawick, Mr. Everett Hobbs, Mr. Mark Cashiola, Ms. Danielle Hunter, Mr. Patrick Bixenman, Mr. Edward Keppler, Mr. Nicholas Petronio and Mr. Timothy Wallace

The Company and Mr. Donald J. Gawick entered into a second amendment to his existing employment agreement (the “Gawick Second Amendment”), effective November 30, 2016. The Gawick Second Amendment amends the existing employment agreement between the Company and Mr. Gawick dated September 26, 2014, effective as of March 24, 2015 and previously filed as Exhibit 10.7 to the Company’s Registration Statement on Form S-4, dated September 29, 2014, as amended by the first amendment to the employment agreement dated June 23, 2016, effective as of June 14, 2016 and previously filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K, dated June 29, 2016. Pursuant to the Gawick Second Amendment, Mr. Gawick will continue to serve as the Company’s President and Chief Executive Officer.

The Company and Mr. Everett “Mike” Hobbs entered into an amendment to his existing employment agreement (the “Hobbs First Amendment”), effective November 30, 2016. The Hobbs First Amendment amends the existing employment agreement between the Company and Mr. Hobbs, effective August 22, 2016 and previously filed as Exhibit 10.2 to the Company’s Current Report on Form 8-K, dated August 22, 2016. Mr. Hobbs currently serves as the Company’s Chief Operating Officer.

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The Company and Mr. Mark Cashiola entered into an amendment to his existing employment agreement (the “Cashiola First Amendment”), effective November 30, 2016. The Cashiola First Amendment amends the existing employment agreement between the Company and Mr. Cashiola dated June 23, 2016, effective as of June 15, 2016 and previously filed as Exhibit 10.2 to the Company’s Current Report on Form 8-K, dated June 29, 2016.

The Company and Ms. Danielle Hunter entered into an amendment to her existing employment agreement (the “Hunter First Amendment”), effective November 30, 2016. The Hunter First Amendment amends the existing employment agreement between the Company and Ms. Hunter dated June 23, 2016, effective as of June 15, 2016 and previously filed as Exhibit 10.3 to the Company’s Current Report on Form 8-K, dated June 29, 2016.

The Company and Mr. Patrick Bixenman entered into an amendment to his existing employment agreement (the “Bixenman First Amendment”), effective November 30, 2016. The Bixenman First Amendment amends the existing employment agreement between the Company and Mr. Bixenman, effective August 22, 2016 and previously filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K, dated August 22, 2016.

The Company and Mr. Edward Keppler entered into an amendment to his existing employment agreement (the “Keppler First Amendment”), effective November 30, 2016. The Keppler First Amendment amends the existing employment agreement between the Company and Mr. Keppler, effective June 23, 2016 (the “Keppler Employment Agreement”), a copy of which is filed as Exhibit 10.13 to this Current Report on Form 8-K.

The Company and Mr. Nicholas Petronio entered into an amendment to his existing employment agreement (the “Petronio First Amendment”), effective November 30, 2016. The Petronio First Amendment amends the existing employment agreement between the Company and Mr. Petronio, effective August 22, 2016 and previously filed as Exhibit 10.3 to the Company’s Current Report on Form 8-K, dated August 22, 2016.

The Company and Mr. Timothy Wallace entered into an amendment to his existing employment agreement (the “Wallace First Amendment”), effective November 30, 2016. The Wallace First Amendment amends the existing employment agreement between the Company and Mr. Wallace, effective October 6, 2016, and previously filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K, dated October 11, 2016.

Among other things, the Executive Employment Agreement Amendments provide in pertinent part that the Company’s emergence from bankruptcy proceedings under Chapter 11 of the U.S. Bankruptcy Code will not constitute a Change of Control, as defined in each executive’s employment agreement, as amended. Additionally, the Executive Employment Agreement Amendments allow the compensation committee of the board of directors of the Company (the “Compensation Committee”) to determine that up to 50% of the value of any annual bonus payable to the executive will be paid in stock of the Company and the remainder paid in cash.

The foregoing description of the each of the Executive Employment Agreement Amendments are not complete and are qualified in their entirety by reference to the complete text of the respective amendments, copies of which are filed as Exhibits 10.1, 10.2, 10.3, 10.4, 10.5, 10.6, 10.7, and 10.8, respectively, and incorporated herein by reference.

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Amendment of the Employment Agreements of Mr. James H. Prestidge, Jr. and of Mr. Larry Heidt

The Company and Mr. James H. Prestidge, Jr. entered into an amendment to his existing employment agreement (the “Prestidge Second Amendment”), effective November 30, 2016. The Prestidge Second Amendment amends the existing employment agreement between the Company and Mr. Prestidge dated September 26, 2014, effective as of March 24, 2015 and previously filed as Exhibit 10.10 to the Company’s Registration Statement on Form S-4, dated September 29, 2014 (the “Prestidge Employment Agreement”), as amended by the first amendment to the employment agreement dated September 2, 2016 (the “Prestidge First Amendment” and, together with the Prestidge Second Amendment, the “Prestidge Amendments”).

Pursuant to the Prestidge Employment Agreement, as amended by the Prestidge Amendments (the “Prestidge Amended Employment Agreement”), Mr. Prestidge continues to serve as Chief Strategy Officer for a term ending on the date that Mr. Prestidge’s employment terminates in accordance with the terms of the Prestidge Amended Employment Agreement. Mr. Prestidge is currently working at a reduced schedule and the Prestidge Amended Employment Agreement provides that he receives an annual base salary of $270,000, which amount is subject to annual review and may be increased, but not decreased, without Mr. Prestidge’s written consent. Mr. Prestidge is eligible to receive an annual bonus equal to 100 percent of his annual base salary for each full calendar year beginning on or after January 1, 2015 that he is employed by the Company in which the Company achieves certain targets as set forth by the Compensation Committee. In addition, Mr. Prestidge is eligible to receive discretionary bonuses as determined solely by the Board, employee benefits for him and his eligible family members that the Company ordinarily provides to similarly situated employees and long-term equity compensation awards, beginning in 2015, at a target award level of no less than Mr. Prestidge’s Total Cash Compensation (as defined in the Prestidge Amended Employment Agreement).

The Company and Mr. Larry Heidt also entered into an amendment to his existing employment agreement (the “Heidt Second Amendment”), effective November 30, 2016. The Heidt Second Amendment amends the existing employment agreement between the Company and Mr. Heidt dated March 24, 2015 (the “Heidt Employment Agreement”), as amended by the first amendment to the employment agreement dated February 2, 2016 (the “Heidt First Amendment” and, together with the Heidt Second Amendment, the “Heidt Amendments”).

Pursuant to the Heidt Employment Agreement, as amended by the Heidt Amendments (the “Heidt Amended Employment Agreement”), Mr. Heidt serves as President of Industry Relations for a term ending on the date that Mr. Heidt’s employment terminates in accordance with the terms of the Heidt Amended Employment Agreement. Mr. Heidt is currently working at a reduced schedule and the Heidt Amended Employment Agreement provides that Mr. Heidt receives an annual base salary of $270,000, which amount is subject to annual review and may be increased, but not decreased, without Mr. Heidt’s written consent. Mr. Heidt is eligible to receive an annual bonus equal to 100 percent of his annual base salary for each full calendar year beginning on or after January 1, 2015 that he is employed by the Company in which the Company achieves certain targets as set forth by the Compensation Committee. In addition, Mr. Heidt is eligible to receive discretionary bonuses as determined solely by the Board, employee benefits for him and his eligible family members that the Company ordinarily provides to similarly situated employees and long-term equity compensation awards, beginning in 2015, at a target award level of no less than Mr. Heidt’s Total Cash Compensation (as defined in the Heidt Amended Employment Agreement).

Among other things, the Prestidge Second Amendment and the Heidt Second Amendment provide that the restructuring transactions contemplated by the plan of reorganization arising under the Company’s bankruptcy proceedings under Chapter 11 of the U.S. Bankruptcy Code, including the emergence from bankruptcy as contemplated thereby, will not constitute a Change of Control, as defined

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in the Prestidge Amended Employment Agreement and Heidt Amended Employment Agreement, respectively. Additionally, both the Prestidge Second Amendment and the Heidt Second Amendment allow the Compensation Committee to determine that up to 50% of the value of any annual bonus payable to Mr. Prestidge or Mr. Heidt, respectively, will be paid in stock of the Company and the remainder paid in cash. Following the Company’s emergence from bankruptcy neither Mr. Prestidge nor Mr. Heidt will serve as executive officer of the reorganized company.

Additionally, among other things, the Prestidge Second Amendment and the Heidt Second Amendment provide for the following severance payment and benefits:

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The foregoing description of the Prestidge Amendment Employment Agreement, including Prestidge Second Amendment thereto, and the Heidt Amendment Employment Agreement, including the Heidt Second Amendment, are not complete and are qualified in their entirety by reference to the complete text of each such agreements, copies of which are filed as Exhibits 10.9, 10.10, 10.11 and 10.12, respectively, and incorporated herein by reference.

To the extent required, the information included in Item 5.02 of this Current Report on Form 8-K is incorporated into this Item 8.01.

(d) Exhibits.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: December 6, 2016

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EXHIBIT INDEX

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