Frank's International N.V. Sample Contracts

Frank's International N.V. – FRANK’S INTERNATIONAL N.V. (February 25th, 2019)

FRANK’S INTERNATIONAL N.V. (the “Company”) hereby adopts the Frank’s International N.V. U.S. Executive Retention and Severance Plan (the “Plan”) as of January 21, 2019 (the “Effective Date”) to provide severance benefits under the terms and conditions specified in the Plan for qualifying employees of Frank’s International, LLC (the “Employer”) whose employment is terminated by a Qualifying Termination, and who otherwise satisfy the terms and conditions of the Plan.

Frank's International N.V. – CREDIT AGREEMENT DATED AS OF November 5, 2018 AMONG FRANK’S INTERNATIONAL MANAGEMENT B.V. (February 25th, 2019)

CREDIT AGREEMENT dated as of November 5, 2018 (as it may be amended or modified from time to time, this “Agreement”) among FRANK’S INTERNATIONAL MANAGEMENT B.V., a private limited liability company organized and existing under the laws of the Netherlands (“FIMBV”), acting as sole general partner and on behalf of FRANK’S INTERNATIONAL C.V., a Dutch limited partnership and registered with the Dutch trade register under number 58482067 (“FICV” and, FIMBV acting as sole general partner and on behalf of FICV, “FICV Borrower”), FRANK’S INTERNATIONAL, LLC, a Texas limited liability company (“FILLC”), BLACKHAWK GROUP HOLDINGS, LLC, a Delaware limited liability company (“Blackhawk”, together with FICV Borrower and FILLC, collectively, the “Borrowers”, and each individually, a “Borrower”), the other Loan Parties party hereto from time to time, the Lenders party hereto, and JPMORGAN CHASE BANK, N.A., as administrative agent for the Lenders (in such capacity, together with its successors in such c

Frank's International N.V. – INDEMNIFICATION AGREEMENT (February 25th, 2019)

This Indemnification Agreement (this “Agreement”) dated the 15th day of January, 2019, by and between Frank’s International N.V., a public limited liability company organized and existing under the laws of The Netherlands (the “Company”), and Melanie M. Trent, an individual (“Indemnitee”).

Frank's International N.V. – PRESS RELEASE FOR IMMEDIATE RELEASE (February 25th, 2019)

February 25, 2019 - Houston, Texas - Frank’s International N.V. (NYSE: FI) (the “Company” or “Frank’s”) today reported financial and operational results for the three and twelve months ended December 31, 2018.

Frank's International N.V. – Contract (February 25th, 2019)

THIS U.S. PLEDGE AND SECURITY AGREEMENT (as it may be amended, restated, supplemented or otherwise modified from time to time, this “Security Agreement”) is entered into as of November 5, 2018 (the “Effective Date”), by and among each grantor that is a signatory hereto and any additional entities which become parties to this Security Agreement by executing a Security Agreement Supplement in substantially the form of Annex I hereto (such additional entities together with the grantors that are signatories hereto, each a “Grantor” and collectively, the “Grantors”) and JPMorgan Chase Bank, N.A., in its capacity as administrative agent (the “Administrative Agent”) for the Secured Parties party to the Credit Agreement referred to below.

Frank's International N.V. – FRANK’S INTERNATIONAL N.V. AMENDED AND RESTATED U.S. EXECUTIVE CHANGE-IN- CONTROL SEVERANCE PLAN (February 25th, 2019)
Frank's International N.V. – DUTCH PLEDGE AGREEMENT dated November 5, 2018 (February 25th, 2019)
Frank's International N.V. – Frank’s International N.V. Recoupment Policy (November 6th, 2018)

This Recoupment Policy (this “Policy”) has been adopted by the Compensation Committee (the “Committee”) of the Board of the Supervisory Directors (the “Board”) of Frank’s International N.V. (the “Company”) effective as of October 30, 2018 (the “Effective Date”).

Frank's International N.V. – FRANK’S INTERNATIONAL N.V. (November 6th, 2018)

THIS RESTRICTED STOCK UNIT AGREEMENT including Exhibit A (this “Agreement”) evidences an award made as of the _____ day of _________________________ (the “Date of Grant”), between FRANK’S INTERNATIONAL N.V., a limited liability company organized in the Netherlands (the “Company”), and ____________________________ (the “Employee”). The Company and Employee may be referred to individually as “Party,” and/or collectively as the “Parties.”

Frank's International N.V. – FRANK’S INTERNATIONAL N.V. (November 6th, 2018)

THIS RESTRICTED STOCK UNIT AGREEMENT including Exhibits A and B (this “Agreement”) evidences an award made as of the _____ day of ___________________ (the “Date of Grant”), between FRANK’S INTERNATIONAL N.V., a limited liability company organized in the Netherlands (the “Company”), and ___________________ (the “Employee”). The Company and Employee may be referred to individually as “Party,” and/or collectively as the “Parties.”

Frank's International N.V. – PRESS RELEASE FOR IMMEDIATE RELEASE (November 6th, 2018)

November 6, 2018 - Houston, Texas - Frank’s International N.V. (NYSE: FI) (the “Company” or “Frank’s”) today reported financial and operational results for the three months ended September 30, 2018.

Frank's International N.V. – FOURTH AMENDMENT TO FRANK’S INTERNATIONAL N.V. (November 6th, 2018)

WHEREAS, FRANK’S INTERNATIONAL N.V. (the “Company”) has heretofore adopted the FRANK’S INTERNATIONAL N.V. EMPLOYEE STOCK PURCHASE PLAN (the “Plan”), the First Amendment to the Plan, the Second Amendment to the Plan and the Third Amendment to the Plan; and

Frank's International N.V. – INDEMNIFICATION AGREEMENT (August 8th, 2018)

This Indemnification Agreement (this “Agreement”) dated the 25th day of June, 2018, by and between Frank’s International N.V., a public limited liability company organized and existing under the laws of The Netherlands (the “Company”), and John Symington, an individual (“Indemnitee”).

Frank's International N.V. – INDEMNIFICATION AGREEMENT (August 8th, 2018)

This Indemnification Agreement (this “Agreement”) dated the 18th day of June, 2018, by and between Frank’s International N.V., a public limited liability company organized and existing under the laws of The Netherlands (the “Company”), and Nigel M. Lakey, an individual (“Indemnitee”).

Frank's International N.V. – EMPLOYMENT AGREEMENT (August 8th, 2018)

This Employment Agreement and Exhibit A attached hereto and incorporated by reference (collectively referred to as the "Agreement"), made and entered into on June 19, 2013, sets forth the principal terms of the employment relationship between Scott McCurdy ("Employee") and Blackhawk Specialty Tools, LLC (the "Company"). This Agreement shall become effective upon the Closing, as defined in Section 4.5, and as of the Closing shall supersede any and all previous employment offers, agreements or understandings between Employee and the Company or any of the Subsidiaries. The Company and Employee agree as follows:

Frank's International N.V. – TRANSITION AND SEPARATION AGREEMENT (August 8th, 2018)

This TRANSITION AND SEPARATION AGREEMENT (this “Agreement”) is entered into by and among Burney J. Latiolais, Jr. (“Executive”), Frank’s International, LLC (the “Company”), and Frank’s International N.V. (“FINV”) (the Company and FINV, collectively, with all of FINV’s subsidiaries and affiliated companies and entities, the “FINV Entities”). The Company, FINV, and Executive are referred to herein individually as a “Party” and collectively as the “Parties.”

Frank's International N.V. – SEPARATION AGREEMENT (August 8th, 2018)

This SEPARATION AGREEMENT (this “Agreement”) is entered into by and among Alejandro Cestero (“Executive”), Frank’s International, LLC (the “Company”), and Frank’s International N.V. (“FINV”) (the Company and FINV, collectively, with all of FINV’s subsidiaries and affiliated companies and entities, the “FINV Entities”). The Company, FINV, and Executive are referred to herein individually as a “Party” and collectively as the “Parties.”

Frank's International N.V. – INDEMNIFICATION AGREEMENT (August 8th, 2018)

This Indemnification Agreement (this “Agreement”) dated the 13th day of June, 2018, by and between Frank’s International N.V., a public limited liability company organized and existing under the laws of The Netherlands (the “Company”), and Steven Russell, an individual (“Indemnitee”).

Frank's International N.V. – PRESS RELEASE FOR IMMEDIATE RELEASE (August 8th, 2018)

August 8, 2018 - Houston, Texas - Frank’s International N.V. (NYSE: FI) (the “Company” or “Frank’s”) today reported revenues of $132.1 million and a net loss of $25.8 million, or $0.12 per share, for the three months ended June 30, 2018. Adjusted EBITDA for the quarter was $11.0 million, or 8.3% of revenue.

Frank's International N.V. – Frank’s International N.V. 10260 Westheimer Rd, Suite 700 Houston, Texas 77042 PRESS RELEASE FOR IMMEDIATE RELEASE (June 13th, 2018)

HOUSTON, June 13, 2018 (GLOBE NEWSWIRE) — Frank’s International N.V. (NYSE:FI) (the “Company” or “Frank’s”) and its Board of Supervisory Directors today announced several key senior management promotions, hires and related personnel changes.

Frank's International N.V. – INDEMNIFICATION AGREEMENT (May 8th, 2018)

This Indemnification Agreement (this “Agreement”) dated the 8th day of May, 2018, by and between Frank’s International N.V., a public limited liability company organized and existing under the laws of The Netherlands (the “Company”), and Darren C. Miles, an individual (“Indemnitee”).

Frank's International N.V. – FRANK’S INTERNATIONAL N.V. (May 8th, 2018)

THIS RESTRICTED STOCK UNIT AGREEMENT including Exhibits A and B (this “Agreement”) evidences an award made as of the ____ day of ______________ (the “Date of Grant”), between FRANK’S INTERNATIONAL N.V., a limited liability company organized in the Netherlands (the “Company”), and __________________________ (the “Employee”). The Company and Employee may be referred to individually as “Party,” and/or collectively as the “Parties.”

Frank's International N.V. – PRESS RELEASE FOR IMMEDIATE RELEASE (May 8th, 2018)

May 8, 2018 - Houston, Texas - Frank’s International N.V. (NYSE: FI) (the “Company” or “Frank’s”) today reported revenues of $115.6 million and a net loss of $42.1 million, or $0.19 per share, for the three months ended March 31, 2018. Adjusted net loss per diluted share for the first quarter was $0.18, excluding $1.1 million in severance and other items, net of tax. Adjusted EBITDA for the quarter was a loss of $2.2 million.

Frank's International N.V. – PRESS RELEASE FOR IMMEDIATE RELEASE (February 27th, 2018)

February 27, 2018 - Houston, Texas - Frank’s International N.V. (NYSE: FI) (the “Company” or “Frank’s”) today reported revenues of $118.3 million and a net loss of $109.1 million, or $0.49 per diluted share, for the three months ended December 31, 2017. Adjusted net loss per diluted share for the fourth quarter was $0.26, excluding $50.5 million in severance and other charges, net of tax, primarily related to a write down in inventory of pipe and connectors, with weighted average shares outstanding of 223.2 million. Company revenue of $118.3 million was up 9.5% from the third quarter of 2017, and up 9.6% compared to the fourth quarter of 2016. Cash flow from operations for the fourth quarter of 2017 was $0.2 million, down $31.9 million from the third quarter of 2017 and up $38.9 million from the fourth quarter of 2016.

Frank's International N.V. – EMPLOYEE CONFIDENTIALITY AND RESTRICTIVE COVENANT AGREEMENT (February 27th, 2018)

This Employee Confidentiality and Restrictive Covenant Agreement (“Agreement”) is made and entered as of the 4th day of October, 2016, between Burney J. Latiolais, Jr. (“Employee”) and Frank’s International, LLC and its affiliated or subsidiary or parent companies (collectively referred to as the “Company”). The Company and Employee may be referred to individually as “Party,” and/or collectively as the “Parties.” The Company and Employee agree as follows:

Frank's International N.V. – INDEMNIFICATION AGREEMENT (February 27th, 2018)

This Indemnification Agreement (this “Agreement”) dated the 20th day of May, 2016, by and between Frank’s International N.V., a public limited liability company organized and existing under the laws of The Netherlands (the “Company”), and Alexander Vriesendorp, an individual (“Indemnitee”).

Frank's International N.V. – INDEMNIFICATION AGREEMENT (February 27th, 2018)

This Indemnification Agreement (this “Agreement”) dated the 19th day of February, 2018, by and between Frank’s International N.V., a public limited liability company organized and existing under the laws of The Netherlands (the “Company”), and Scott A. McCurdy, an individual (“Indemnitee”).

Frank's International N.V. – AMENDMENT NO. 10 TO THE LIMITED PARTNERSHIP AGREEMENT OF FRANK’S INTERNATIONAL C.V. [Substitution of Limited Partner] (February 27th, 2018)
Frank's International N.V. – INDEMNIFICATION AGREEMENT (February 27th, 2018)

This Indemnification Agreement (this “Agreement”) dated the 20th day of May, 2016, by and between Frank’s International N.V., a public limited liability company organized and existing under the laws of The Netherlands (the “Company”), and Michael E. McMahon, an individual (“Indemnitee”).

Frank's International N.V. – PRESS RELEASE FOR IMMEDIATE RELEASE (November 2nd, 2017)

November 2, 2017 - Houston, Texas - Frank’s International N.V. (NYSE: FI) (the “Company” or “Frank’s”) today reported revenues of $108.1 million and net income of $2.3 million, or $0.01 per diluted share, for the three months ended September 30, 2017. Adjusted net loss, excluding the after-tax impact of the tax receivable agreement liability decrease, establishment of tax valuation allowances, and severance and other charges, net of tax, was $25.5 million, or $0.11 per diluted share, for the three months ended September 30, 2017. Cash flow from operations was $32.1 million for the third quarter of 2017, up $30.1 million from the second quarter of 2017.

Frank's International N.V. – SEPARATION AGREEMENT (November 2nd, 2017)

This SEPARATION AGREEMENT (this “Agreement”) is entered into by and amongst Douglas G. Stephens (“Executive”), Frank’s International, LLC (the “Company”), and Frank’s International N.V. (“FINV”) (the Company and FINV, collectively, with all of FINV’s subsidiaries and affiliated companies and entities, the “FINV Entities”). The Company, FINV, and Executive are referred to herein individually as a “Party” and collectively as the “Parties.”

Frank's International N.V. – FRANK’S INTERNATIONAL N.V. (November 2nd, 2017)

THIS RESTRICTED STOCK UNIT AGREEMENT (this “Agreement”) evidences an award made as of the _______________ 2017 (the “Date of Grant”), between FRANK’S INTERNATIONAL N.V., a limited liability company organized in the Netherlands (the “Company”), and _______________ (the “Employee”). The Company and Employee may be referred to individually as “Party,” and/or collectively as the “Parties.”

Frank's International N.V. – INDEMNIFICATION AGREEMENT (August 7th, 2017)

This Indemnification Agreement (this “Agreement”) dated the 19th day of May, 2017, by and between Frank’s International N.V., a public limited liability company organized and existing under the laws of The Netherlands (the “Company”), and Robert W. Drummond, an individual (“Indemnitee”).

Frank's International N.V. – INDEMNIFICATION AGREEMENT (August 7th, 2017)

This Indemnification Agreement (this “Agreement”) dated the 2nd day of March, 2017, by and between Frank’s International N.V., a public limited liability company organized and existing under the laws of The Netherlands (the “Company”), and Kyle McClure, an individual (“Indemnitee”).

Frank's International N.V. – PRESS RELEASE FOR IMMEDIATE RELEASE (August 7th, 2017)

August 7, 2017 - Houston, Texas - Frank’s International N.V. (NYSE: FI) (the “Company” or “Frank’s”) today reported revenues of $117.7 million and net loss of $26.0 million, or $0.12 per share, for the three months ended June 30, 2017. Adjusted EBITDA for the quarter was $3.6 million or 3.0% of revenue.