Flotek Industries Inc/Cn/ Sample Contracts

Flotek Industries Inc/Cn/ – SHARE PURCHASE AGREEMENT dated as of January 10, 2019 by and among FLOTEK INDUSTRIES, INC. and ARCHER-DANIELS-MIDLAND COMPANY (January 16th, 2019)

THIS SHARE PURCHASE AGREEMENT (this “Agreement”) is made as of January 10, 2019 by and among Flotek Industries, Inc. a Delaware corporation (the “Seller”), Florida Chemical Company, LLC,1 a Delaware limited liability company (the “Company”), and Archer-Daniels-Midland Company, a Delaware corporation (the “Buyer”). Each of the Seller, the Company and the Buyer is referred to as a “Party” and, collectively, the “Parties.”

Flotek Industries Inc/Cn/ – EMPLOYMENT AGREEMENT (December 27th, 2018)

THIS AGREEMENT (this “Agreement”) is entered into on December 20, 2018 to be effective as of December 28, 2018 (“Effective Date”), between Flotek Industries, Inc., a Delaware corporation (the “Company”), and Elizabeth Wilkinson (“Employee”).

Flotek Industries Inc/Cn/ – FLOTEK INDUSTRIES, INC. RESTRICTED STOCK AGREEMENT (December 27th, 2018)
Flotek Industries Inc/Cn/ – ELEVENTH AMENDMENT TO AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENT (June 13th, 2018)

THIS ELEVENTH AMENDMENT TO AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENT (this “Amendment”) is made and entered into effective June 13, 2018 (the “Effective Date”), by and among FLOTEK INDUSTRIES, INC., a corporation organized under the laws of the State of Delaware (“Holdings”), FLOTEK CHEMISTRY, LLC, a limited liability company organized under the laws of the State of Oklahoma (“Flotek Chemistry”), CESI MANUFACTURING, LLC, a limited liability company organized under the laws of the State of Oklahoma (“CESI Manufacturing”), MATERIAL TRANSLOGISTICS, INC., a corporation organized under the laws of the State of Texas (“MTI”), TELEDRIFT COMPANY, a corporation organized under the laws of the State of Delaware (“Teledrift”), TURBECO, INC., a corporation organized under the laws of the State of Texas (“Turbeco”), USA PETROVALVE, INC., a corporation organized under the laws of the State of Texas (“USA Petrovalve”), FLORIDA CHEMICAL COMPANY, INC., a corporation organi

Flotek Industries Inc/Cn/ – FLOTEK INDUSTRIES, INC. RESTRICTED STOCK AGREEMENT (March 22nd, 2018)
Flotek Industries Inc/Cn/ – EMPLOYMENT AGREEMENT (March 22nd, 2018)

THIS AGREEMENT (this “Agreement”) is made as of March 16, 2018 (“Effective Date”), between Flotek Industries, Inc., a Delaware corporation (the “Company”), and H. Richard Walton (“Employee”).

Flotek Industries Inc/Cn/ – FLOTEK INDUSTRIES, INC. RESTRICTED STOCK AGREEMENT (March 22nd, 2018)
Flotek Industries Inc/Cn/ – EMPLOYMENT AGREEMENT (March 22nd, 2018)

THIS AGREEMENT (this “Agreement”) is made as of March 16, 2018 (“Effective Date”), between Flotek Industries, Inc., a Delaware corporation (the “Company”), and Matthew B. Marietta (“Employee”).

Flotek Industries Inc/Cn/ – EMPLOYMENT AGREEMENT (March 22nd, 2018)

THIS AGREEMENT (this “Agreement”) is made as of March 16, 2018 (“Effective Date”), between Flotek Industries, Inc., a Delaware corporation (the “Company”), and Joshua Snively (“Employee”).

Flotek Industries Inc/Cn/ – NINTH AMENDMENT TO AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENT (November 8th, 2017)

THIS NINTH AMENDMENT TO AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENT (this “Amendment”) is made and entered into effective July 1, 2017 (the “Effective Date”), by and among FLOTEK INDUSTRIES, INC., a corporation organized under the laws of the State of Delaware (“Holdings”), FLOTEK CHEMISTRY, LLC, a limited liability company organized under the laws of the State of Oklahoma (“Flotek Chemistry”), CESI MANUFACTURING, LLC, a limited liability company organized under the laws of the State of Oklahoma (“CESI Manufacturing”), MATERIAL TRANSLOGISTICS, INC., a corporation organized under the laws of the State of Texas (“MTI”), TELEDRIFT COMPANY, a corporation organized under the laws of the State of Delaware (“Teledrift”), TURBECO, INC., a corporation organized under the laws of the State of Texas (“Turbeco”), USA PETROVALVE, INC., a corporation organized under the laws of the State of Texas (“USA Petrovalve”), FLORIDA CHEMICAL COMPANY, INC., a corporation organized

Flotek Industries Inc/Cn/ – EMPLOYMENT AGREEMENT (November 8th, 2017)

THIS AGREEMENT (this "Agreement") is made as of April 1, 2016 (“Effective Date”), between Flotek Industries, Inc., a Delaware corporation (the "Company"), and Robert Bodnar ("Employee").

Flotek Industries Inc/Cn/ – EIGHTH AMENDMENT TO AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENT (November 8th, 2017)

THIS EIGHTH AMENDMENT TO AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENT (this “Amendment”) is made and entered into effective June 7, 2017 (the “Effective Date”), by and among FLOTEK INDUSTRIES, INC., a corporation organized under the laws of the State of Delaware (“Holdings”), FLOTEK CHEMISTRY, LLC, a limited liability company organized under the laws of the State of Oklahoma (“Flotek Chemistry”), CESI MANUFACTURING, LLC, a limited liability company organized under the laws of the State of Oklahoma (“CESI Manufacturing”), MATERIAL TRANSLOGISTICS, INC., a corporation organized under the laws of the State of Texas (“MTI”), TELEDRIFT COMPANY, a corporation organized under the laws of the State of Delaware (“Teledrift”), TURBECO, INC., a corporation organized under the laws of the State of Texas (“Turbeco”), USA PETROVALVE, INC., a corporation organized under the laws of the State of Texas (“USA Petrovalve”), FLORIDA CHEMICAL COMPANY, INC., a corporation organized

Flotek Industries Inc/Cn/ – CONFIDENTIAL SEVERANCE AND RELEASE AGREEMENT (November 8th, 2017)

This Confidential Severance and Release Agreement (“Agreement”) is entered into on October 12, 2017, by and between Robert Bodnar (the “Employee”) and Flotek Industries, Inc. (the “Company”).

Flotek Industries Inc/Cn/ – SECOND AMENDED AND RESTATED BYLAWS OF FLOTEK INDUSTRIES, INC. A Delaware Corporation (October 17th, 2017)

The registered office of the Corporation required by the Delaware General Corporation Law to be maintained in the State of Delaware, shall be the registered office named in the original Certificate of Incorporation of the Corporation, or such other office (which need not be a place of business or principal office of the Corporation) as may be designated from time to time by the Board of Directors in the manner provided by law.

Flotek Industries Inc/Cn/ – TENTH AMENDMENT TO AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENT (October 3rd, 2017)

THIS TENTH AMENDMENT TO AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENT (this “Amendment”) is made and entered into effective September 29, 2017 (the “Effective Date”), by and among FLOTEK INDUSTRIES, INC., a corporation organized under the laws of the State of Delaware (“Holdings”), FLOTEK CHEMISTRY, LLC, a limited liability company organized under the laws of the State of Oklahoma (“Flotek Chemistry”), CESI MANUFACTURING, LLC, a limited liability company organized under the laws of the State of Oklahoma (“CESI Manufacturing”), MATERIAL TRANSLOGISTICS, INC., a corporation organized under the laws of the State of Texas (“MTI”), TELEDRIFT COMPANY, a corporation organized under the laws of the State of Delaware (“Teledrift”), TURBECO, INC., a corporation organized under the laws of the State of Texas (“Turbeco”), USA PETROVALVE, INC., a corporation organized under the laws of the State of Texas (“USA Petrovalve”), FLORIDA CHEMICAL COMPANY, INC., a corporation orga

Flotek Industries Inc/Cn/ – ASSET PURCHASE AGREEMENT (August 1st, 2017)

Pursuant to Rule 41(A)(2) and (c) of the Federal Rules of Civil Procedure, plaintiff National Oilwell DHT, LP and defendant Flotek Industries, Inc. hereby jointly dismiss all claims in this action WITHOUT PREJUDICE. By agreement of the parties, neither party shall seek or recover attorney’s fees or costs from the other.

Flotek Industries Inc/Cn/ – FLOTEK INDUSTRIES, INC. ANNOUNCES AGREEMENT TO DIVEST DRILLING TECHNOLOGIES SEGMENT (May 3rd, 2017)

HOUSTON, MAY 2, 2017 — Flotek Industries, Inc. (“Flotek” or the “Company”) (NYSE: FTK) has entered into a definitive agreement to divest its Drilling Technologies segment to National Oilwell Varco, L.P. (“NOV”) for a total consideration of $17.0 million, subject to normal working capital adjustments. The transaction is expected to close by mid-May. In-line with the Company’s ongoing initiatives, proceeds will go towards reducing the outstanding debt on its balance sheet.

Flotek Industries Inc/Cn/ – SEVENTH AMENDMENT TO AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENT AND SIXTH AMENDMENT TO AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENT (May 1st, 2017)

THIS SEVENTH AMENDMENT TO AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENT AND SIXTH AMENDMENT TO AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENT (this “Amendment”) is made and entered into April 28, 2017 , to be effective as of March 31, 2017 (the “Effective Date”), by and among FLOTEK INDUSTRIES, INC., a corporation organized under the laws of the State of Delaware (“Holdings”), FLOTEK CHEMISTRY, LLC, a limited liability company organized under the laws of the State of Oklahoma (“Flotek Chemistry”), CESI MANUFACTURING, LLC, a limited liability company organized under the laws of the State of Oklahoma (“CESI Manufacturing”), MATERIAL TRANSLOGISTICS, INC., a corporation organized under the laws of the State of Texas (“MTI”), TELEDRIFT COMPANY, a corporation organized under the laws of the State of Delaware (“Teledrift”), TURBECO, INC., a corporation organized under the laws of the State of Texas (“Turbeco”), USA PETROVALVE, INC., a corpora

Flotek Industries Inc/Cn/ – RETIREMENT AGREEMENT (February 17th, 2017)

This Retirement Agreement (“Agreement”) is entered into as of the Effective Date (as hereinafter defined) by and between Robert M. Schmitz (“Schmitz”), an individual, and Flotek Industries, Inc., a Delaware corporation (the “Company”).

Flotek Industries Inc/Cn/ – RETIREMENT AGREEMENT (February 17th, 2017)

This Retirement Agreement (“Agreement”) is entered into as of the Effective Date (as hereinafter defined) by and between Steve Reeves (“Reeves”), an individual, and Flotek Industries, Inc., a Delaware corporation (the “Company”).

Flotek Industries Inc/Cn/ – FOR IMMEDIATE RELEASE CONTACT: Investor Relations (November 3rd, 2016)

•   CnF® sales volumes for the third quarter, 2016 remained flat compared to second quarter, 2016 volumes, while revenues increased 3.5%. CnF® sales volumes decreased 14.2% (revenues decreased 15.9%), compared to the three months ended September 30, 2015. According to data collected by the Energy Information Administration, sequential completion activity declined 1.3% in the third quarter while completion activity decreased by 41.4% in the third quarter, 2016 when compared to third quarter, 2015.

Flotek Industries Inc/Cn/ – SIXTH AMENDMENT TO AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENT (November 2nd, 2016)

THIS SIXTH AMENDMENT TO AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENT (this “Amendment”) is made and entered into effective as of November 2, 2016, to be effective as of September 30, 2016 (the “Effective Date”), by and among FLOTEK INDUSTRIES, INC., a corporation organized under the laws of the State of Delaware (“Holdings”), FLOTEK CHEMISTRY, LLC, a limited liability company organized under the laws of the State of Oklahoma (“Flotek Chemistry”), CESI MANUFACTURING, LLC, a limited liability company organized under the laws of the State of Oklahoma (“CESI Manufacturing”), MATERIAL TRANSLOGISTICS, INC., a corporation organized under the laws of the State of Texas (“MTI”), TELEDRIFT COMPANY, a corporation organized under the laws of the State of Delaware (“Teledrift”), TURBECO, INC., a corporation organized under the laws of the State of Texas (“Turbeco”), USA PETROVALVE, INC., a corporation organized under the laws of the State of Texas (“USA Petrovalve”), FLOR

Flotek Industries Inc/Cn/ – REGISTRATION RIGHTS AGREEMENT (August 3rd, 2016)

This Registration Rights Agreement (this “Agreement”) is entered into as of July 26, 2016, by and among Flotek Industries, Inc., a Delaware corporation (the “Company”), and the undersigned stockholders of the Company (the “Stockholders”).

Flotek Industries Inc/Cn/ – SUBSCRIPTION AGREEMENT (August 1st, 2016)

THIS SUBSCRIPTION AGREEMENT (“Agreement”) is made as of the 26th day of July 2016, by and between Flotek Industries, Inc. (the “Company”), a corporation organized under the laws of the State of Delaware, with its principal offices at 10603 W. Sam Houston Parkway N., Suite 300, Houston, Texas 77064, and the purchaser whose name and address is set forth on the signature page hereof (the “Purchaser”).

Flotek Industries Inc/Cn/ – FOR IMMEDIATE RELEASE CONTACT: Investor Relations (August 1st, 2016)

HOUSTON – July 29, 2016 /PR NEWSWIRE/ — Flotek Industries, Inc. announced today the closing of the acquisition of International Polymerics, Inc. (“IPI”), and affiliates.

Flotek Industries Inc/Cn/ – Press Release FOR IMMEDIATE RELEASE CONTACT: Investor Relations (August 1st, 2016)

HOUSTON, July 27, 2016 — Flotek Industries, Inc. (NYSE: FTK) today announced that it has entered into definitive subscription agreements with accredited investors with respect to the private placement of shares of common stock for gross proceeds of approximately $30 million.

Flotek Industries Inc/Cn/ – FOR IMMEDIATE RELEASE CONTACT: Investor Relations (July 27th, 2016)

•   Revenue for the second quarter, 2016 was $72.3 million, slightly higher than first quarter, 2016 revenue and 16.9% lower than second quarter, 2015 revenue. During the three months ended June 30, 2016, total average North American active drilling rig count decreased 53.2% when compared to the same period of 2015. Sequentially, total average North American active drilling rig count decreased by 35.1% when compared to the first quarter, 2016.

Flotek Industries Inc/Cn/ – FIFTH AMENDMENT TO AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENT (May 3rd, 2016)

THIS FIFTH AMENDMENT TO AMENDED AND RESTATED REVOLVING CREDIT, TERM LOAN AND SECURITY AGREEMENT (this “Amendment”) is made and entered into effective as of March 31, 2016 (the “Effective Date”), by and among FLOTEK INDUSTRIES, INC., a corporation organized under the laws of the State of Delaware (“Holdings”), FLOTEK CHEMISTRY, LLC, a limited liability company organized under the laws of the State of Oklahoma (“Flotek Chemistry”), CESI MANUFACTURING, LLC, a limited liability company organized under the laws of the State of Oklahoma (“CESI Manufacturing”), MATERIAL TRANSLOGISTICS, INC., a corporation organized under the laws of the State of Texas (“MTI”), TELEDRIFT COMPANY, a corporation organized under the laws of the State of Delaware (“Teledrift”), TURBECO, INC., a corporation organized under the laws of the State of Texas (“Turbeco”), USA PETROVALVE, INC., a corporation organized under the laws of the State of Texas (“USA Petrovalve”), FLORIDA CHEMICAL COMPANY, INC., a corporation or

Flotek Industries Inc/Cn/ – FOR IMMEDIATE RELEASE CONTACT: Investor Relations (January 28th, 2016)

•   For the twelve months ended December 31, 2015, Flotek reported a net loss from continuing operations of ($31,000) or $(0.00) per common share (fully diluted), excluding non-recurring, non-cash charges taken during the second quarter. For the three months ended December 31, 2015, Flotek reported a net loss of $1.4 million, or $(0.03) per common share (fully diluted).

Flotek Industries Inc/Cn/ – EMPLOYMENT AGREEMENT (January 7th, 2016)

THIS AGREEMENT (this “Agreement”) is made effective as of January 1, 2016 (“Effective Date”), between Flotek Industries, Inc., a Delaware corporation (the “Company”), and Joshua A. Snively, Sr. (“Employee”).

Flotek Industries Inc/Cn/ – EMPLOYMENT AGREEMENT (January 7th, 2016)

THIS AGREEMENT (this “Agreement”) is made effective as of January 1, 2016 (“Effective Date”), between Flotek Industries, Inc., a Delaware corporation (the “Company”), and H. Richard Walton (“Employee”).

Flotek Industries Inc/Cn/ – Flotek Industries Provides Update on FracMax® Software Application Development (November 10th, 2015)

HOUSTON, November 10, 2015 /PRNewswire/ — In conjunction with Flotek Industries, Inc. (“Flotek” or the “Company) presentation at the Stephens, Inc. Fall Investment Conference in New York City, Flotek provides the following update on the ongoing development and evolution of the Company’s FracMax® data analytics and visualization software application.

Flotek Industries Inc/Cn/ – Flotek Industries 10603 W Sam Houston Pkwy N, Suite 300 Houston, TX 77064 Ph: 713-849-9911 www.flotekind.com (October 23rd, 2015)

•   Flotek posted earnings for the quarter ending September 30, 2015 of $0.04 per common share (fully diluted) compared to earnings per share of $0.02 per common share (fully diluted), excluding non-recurring, non-cash charges, for the quarter ending June 30, 2015.

Flotek Industries Inc/Cn/ – Flotek Industries Announces Technical Partnership with Ely & Associates, Update on Third Quarter Operating Activity and Third Quarter Reporting Schedule (October 5th, 2015)

HOUSTON, October 5, 2015 /PRNewswire/ — Flotek Industries, Inc. (NYSE: FTK - News) (“Flotek” or the “Company”) this morning announced a technical partnership with Ely & Associates (“Ely”), a leading international stimulation and completion consulting firm, under which Flotek and Ely will provide Flotek CnF® completion chemistry clients a suite of stimulation and completion consulting services to further extend Flotek’s reach as the leading North American completion chemistry and consulting services concern.

Flotek Industries Inc/Cn/ – Flotek Industries New York City Investor Presentation: Flotek Announces Endowed Professorship in Oil and Chemistry at Texas A&M University, Provides Update on Third Quarter Operational and Financial Activity, Comments on Recent Investor Filing (September 14th, 2015)

HOUSTON, September 11, 2015 /PRNewswire/ — Flotek Industries, Inc. (NYSE: FTK - News) this morning, in conjunction with the Company’s New York City Investor Day, announced the funding of an endowed professorship in oilfield chemistry at Texas A&M University as well as provided an update on third quarter operations.