Common use of Put Agreement Clause in Contracts

Put Agreement. The Parties hereby acknowledge and agree that Double Eagle IV Midco, LLC, a Delaware limited liability company (“Midco”), and Hydrosource Logistics, LLC, a Texas limited liability company (“Hydrosource”) have entered into that certain Put Option Agreement dated as of even date herewith (the “Put Agreement”), pursuant to which Midco has the option to cause Hydrosource to purchase all of the outstanding equity interests of Operator pursuant to the terms and conditions set forth in the Put Agreement. Owner hereby consents to the transactions contemplated by the Put Agreement.