EMPLOYMENT AGREEMENT (Sterling Renshaw)Employment Agreement • March 11th, 2020 • Basic Energy Services, Inc. • Oil & gas field services, nec • Texas
THIS EMPLOYMENT AGREEMENT (the “Agreement”), is made and entered into by and between BASIC ENERGY SERVICES, INC., a Delaware corporation (hereafter “Company”), and Sterling Renshaw (hereafter “Executive”), on the date or dates indicated on the signature page hereto, but effective for all purposes as the “Effective Date” (as defined below). The Company and Executive may sometimes hereafter be referred to singularly as a “Party” or collectively as the “Parties.”
PURCHASE AGREEMENT BY AND AMONG ASCRIBE III INVESTMENTS LLC, BASIC ENERGY SERVICES, INC., NEXTIER HOLDING CO. AND C&J WELL SERVICES, INC. Dated as of March 9, 2020Purchase Agreement • March 11th, 2020 • Basic Energy Services, Inc. • Oil & gas field services, nec • Delaware
This PURCHASE AGREEMENT (this “Agreement”), dated March 9, 2020, is made and entered into by and among Basic Energy Services, Inc., a Delaware corporation (“Buyer”); Ascribe III Investments LLC, a Delaware limited liability company (“Ascribe”); NexTier Holding Co., a Delaware corporation (“Seller”); and C&J Well Services, Inc., a Delaware corporation (the “Company”). Buyer, Ascribe, Seller and the Company are sometimes individually referred to in this Agreement as a “Party” and collectively as the “Parties.”
STOCKHOLDERS AGREEMENTStockholders Agreement • March 11th, 2020 • Basic Energy Services, Inc. • Oil & gas field services, nec • Delaware
This STOCKHOLDERS AGREEMENT (this “Agreement”), dated as of March 9, 2020, is entered into by and between BASIC ENERGY SERVICES, INC., a Delaware corporation (the “Company”), and ASCRIBE III INVESTMENTS LLC, a Delaware limited liability company (“Ascribe”).
EXCHANGE AGREEMENTExchange Agreement • March 11th, 2020 • Basic Energy Services, Inc. • Oil & gas field services, nec
This EXCHANGE AGREEMENT (this “Agreement”), is made and entered into as of March 9, 2020, by and between Basic Energy Services, Inc., a Delaware corporation (the “Company”), and Ascribe III Investments LLC, a Delaware limited liability company (the “Noteholder”).
LIMITED CONSENT AND FIRST AMENDMENTCredit Agreement • March 11th, 2020 • Basic Energy Services, Inc. • Oil & gas field services, nec • New York
This LIMITED CONSENT AND FIRST AMENDMENT TO ABL CREDIT AGREEMENT (this “Amendment”), is made and entered into as of March 9, 2020, by and among Basic Energy Services, Inc., a Delaware corporation (the “Borrower”), the Subsidiaries of the Borrower party to the Amendment (collectively, the “Guarantors”), the financial institutions party to this Amendment (collectively, “Lenders”), and BANK OF AMERICA, N.A., a national banking association (“Bank of America”), as administrative agent for the Lenders (in such capacity, “Administrative Agent”), a Swing Line Lender and an L/C Issuer.
