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Subscribers | 1998 |
Master Drilling Agreement
Master Drilling Agreement (118K)
Doc #145355: Click preview link for longer preview.
MASTER DRILLING AGREEMENT
THIS AGREEMENT, made and entered into the 19th day of September, 1996, by and between Tatham Offshore, Inc., a Delaware corporation, hereinafter called "TOFF", and Sedco Forex Division, Schlumberger Technology Corporation, hereinafter called "Contractor";
WITNESSETH, that:
WHEREAS, TOFF may from time to time desire to have a well or wells drilled and completed or abandoned in search of oil, or gas, or for other purposes;
AND, WHEREAS, Contractor is engaged in the business of drilling and completing or abandoning such wells and warrants and represents that it has or will have adequate equipment in good working order and fully trained personnel, properly certified, and capable of efficiently operating such equipment with which it desires to drill and/or complete or abandon such well or wells;
NOW, THEREFORE, it is agreed by and between TOFF and Contractor as follows:
I. MASTER AGREEMENT
1.1 USE OF DRILLING ORDER. If at any time during the term of this Master Agreement, hereinafter called "Agreement", TOFF desires to have a well or wells drilled and/or completed or abandoned by Contractor, TOFF shall prepare and submit to Contractor a "Bid Sheet and Drilling Order", hereinafter referred to as "Drilling Order", which shall set forth the specifications and other conditions under which such well or wells are to be drilled and/or completed or abandoned. If Contractor desires to drill and/or complete or abandon the well or wells set forth in Drilling Order under the terms and conditions thereof and of this Agreement, Contractor shall complete the Drilling Order, setting forth the prices it proposes to charge for its services and properly execute the Drilling Order in duplicate originals and return them to TOFF. If TOFF is satisfied with Contractor's proposals, TOFF will execute the Drilling Order and return one duplicate original to Contractor. When the Drilling Order has been so executed, it together with this Agreement shall become the "Contract" which shall control the relationship of the parties relative to the drilling and/or completing or abandoning of any well or wells covered therein. This Agreement and the accepted and executed Drilling Order may hereinafter be referred to as the "Contract." Execution of this Agreement alone shall not obligate either TOFF or Contractor to enter into any Drilling Order. TOFF is not obligated by this "Agreement" to solicit or submit bids to Contractor on any wells and may solicit and submit bids from and enter into contracts with other parties for drilling and/or completing or abandoning wells or may do same itself. {PAGE} 3 1.2 DRILLING ORDER TERMS INCLUDED. If and when the Drilling Order has been executed by the parties, Contractor shall commence operations for drilling of the well or wells at the time and date set forth in the Drilling Order and drill and/or complete or abandon the well or wells during the term, at the location, in the manner, to the depth, and in accordance with all provisions and specifications of both this Agreement and the Drilling Order.
II. FURNISHING OF MATERIALS, EQUIPMENT, SUPPLIES AND LABOR
2.1 FURNISHED BY WHOM. For the work to be performed by it, hereunder, Contractor shall furnish the minimum crew complement specified in the Drilling Order Section 13 and shall furnish the rig and drilling equipment referred to in the Drilling Order Section 4, and such other equipment, materials and services as specified in the Drilling Order Section 5 as are to be furnished by Contractor for TOFF. TOFF shall furnish such items as it is required to furnish by the Drilling Order Section 5. All other materials, equipment, tools, appliances, machinery, services and supplies for the proper drilling, completing, abandoning, working over, or deepening, and for protecting the rig or the well or wells involved, except that which TOFF herein expressly agrees either to furnish or reimburse Contractor for, shall be furnished and installed by and at the expense of Contractor. All labor necessary and proper in such operations shall be furnished by and at the expense of the Contractor.
2.2 PURCHASES FOR TOFF. If Contractor purchases at TOFF's request any materials, supplies or equipment which TOFF is obligated to furnish under the terms of this Agreement or under the Drilling Order, TOFF shall pay Contractor within thirty (30) days after date of receipt of Contractor's invoice the actual cost of such materials, supplies or equipment, less any cash discounts thereon to which Contractor may be entitled. Contractor shall furnish TOFF copies of suppliers', vendors' or third party invoices covering such materials, supplies or equipment. The use of machinery, tools and equipment which according to the Drilling Order are to be furnished by Contractor but which are nevertheless furnished by TOFF, will be charged to Contractor on mutually agreed commercial rental rates and terms.
2.3 MOVING ON LOCATION. TOFF will survey the location of the well and furnish such labor, equipment, materials, supplies and services as set out in the Drilling Order Section 5 so that Contractor may fulfill its obligation to position the rig on location.
III. BASIS OF PAYMENT
3.1 DAY WORK RATES. TOFF shall pay Contractor for work performed hereunder in accordance with the rates and basis of payment set forth in the applicable Drilling Order Section 13 (Day Work Bid).
3.2 SHUT-DOWN - TOFF. When Contractor's rig is shut down by Contractor waiting for orders from TOFF, or for materials, services or other items which TOFF is obligated to furnish, TOFF shall pay Contractor the applicable standby rates specified in the Drilling Order Section 13C. Before changing to or from standby rate without crew, TOFF shall: (a) give Contractor a minimum of eight (8) hours notice, and (b) provide for the rate change to take effect at the "tour-change-time" only.
145355
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Schlumberger
As referenced in this Master Drilling Agreement:
Schlumberger Technology Corp – into the 19th day of September, 1996,
by and between Tatham Offshore, Inc., a Delaware corporation, hereinafter
called "TOFF", and Sedco Forex Division, Schlumberger Technology Corp oration,
hereinafter called "Contractor";
WITNESSETH, that:
WHEREAS, TOFF may from time to time desire to have a well or wells
drilled and completed _____________
SCHLUMBERGER
TECHNOLOGY CORP – originals of
this Agreement on this 19th day of September, 1996 in the presence of the
undersigned witnesses.
WITNESSES: CONTRACTOR
SEDCO FOREX DIVISION, SCHLUMBERGER
TECHNOLOGY CORP ORATION
/s/ HARVEY O. FLEISHER By: /s/ J. R. POWERS
- ------------------------------ -------------------------
Printed Name: J. R. Powers
-------------------------
/s/ KIMBERLY A. WILKIE Title: District Manager
- ------------------------------ -------------------------
WITNESSES: _____________
Schlumberger Technology
Corp – be a part of and a
supplement to the Master Drilling Agreement entered into between Tatham
Offshore, Inc. (TOFF) and Sedco Forex Division, Schlumberger Technology
Corp oration (Contractor), dated September _____, 1996, and will continue in
effect if and so long as required by any applicable Executive Order, rules,
_____________
Schlumberger Technology Corp – and the mobilization of the rig
for another operator unless Tatham Offshore, Inc. (TOFF or OPERATOR) has
provided notice to Sedco Forex Division, Schlumberger Technology Corp oration
(SEDCO or CONTRACTOR) of its intent to exercise an Extension Option or its Out
Sourcing Option (each as set forth below). That _____________
Schlumberger
Technology Corp – BLANK:
SECTION 10. INTENTIONALLY LEFT BLANK:
SECTION 11. INTENTIONALLY LEFT BLANK:
SECTION 12. DESIGNATED REPRESENTATIVES:
TOFF CONTRACTOR
Tatham Offshore, Inc. Sedco Forex Division, Schlumberger
Technology Corp oration
(Company Name) (Company Name)
Antoine Gautreaux, Jr. John Powers
(Representative's Name) (Representative's Name)
7400 Texas Commerce Tower 1155 South Dairy _____________
dt 99942
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Tatham Offshore
As referenced in this Master Drilling Agreement:
Tatham Offshore, Inc – AGREEMENT
{TEXT}
{PAGE} 1
EXHIBIT 10.50
MASTER DRILLING AGREEMENT
{PAGE} 2
MASTER DRILLING AGREEMENT
THIS AGREEMENT, made and entered into the 19th day of September, 1996,
by and between Tatham Offshore, Inc ., a Delaware corporation, hereinafter
called "TOFF", and Sedco Forex Division, Schlumberger Technology Corporation,
hereinafter called "Contractor";
WITNESSETH, that:
WHEREAS, TOFF may from time to time desire to have a _____________
Tatham Offshore, Inc – be used in construing the meaning hereof.
XXXI. NOTICES
Notices required under this Agreement shall be sent by U. S. Mail,
Telex, or telegram to the following addresses:
TOFF Contractor
Tatham Offshore, Inc . Sedco Forex Division of Schlumberger
7400 Texas Commerce Tower Technology Corporation
600 Travis 1155 South Dairy Ashford, Suite 402
Houston, Texas 77002 Houston, Texas 77079
Attention: Antoine Gautreaux, Jr. _____________
TATHAM OFFSHORE, INC – WITNESSES: CONTRACTOR
SEDCO FOREX DIVISION, SCHLUMBERGER
TECHNOLOGY CORPORATION
/s/ HARVEY O. FLEISHER By: /s/ J. R. POWERS
- ------------------------------ -------------------------
Printed Name: J. R. Powers
-------------------------
/s/ KIMBERLY A. WILKIE Title: District Manager
- ------------------------------ -------------------------
WITNESSES: TATHAM OFFSHORE, INC .
/s/ HARVEY O. FLEISHER By: /s/ A. GAUTREAUX JR.
- ------------------------------ -------------------------
Printed Name: Antoine Gautreaux Jr.
-------------------------
/s/ KIMBERLY A. WILKIE Title: C.O.O.
- ------------------------------ -------------------------
20
{PAGE} 22
EXHIBIT A
CERTIFICATE OF _____________
Tatham
Offshore, Inc – PAGE} 22
EXHIBIT A
CERTIFICATE OF EQUAL OPPORTUNITY COMPLIANCE
The following certification and agreements shall be a part of and a
supplement to the Master Drilling Agreement entered into between Tatham
Offshore, Inc . (TOFF) and Sedco Forex Division, Schlumberger Technology
Corporation (Contractor), dated September _____, 1996, and will continue in
effect if and so long as required by any applicable Executive Order, _____________
TATHAM OFFSHORE, INC – clause set forth in 41 CFR 60-741.4 (to employ and advance
in employment qualified handicapped individuals) and incorporated herein by
reference.
A-4
{PAGE} 26
MASTER DRILLING AGREEMENT
TATHAM OFFSHORE, INC . (TOFF)
EXEMPTION CLAIMS
I. EQUAL OPPORTUNITY CLAUSE
We are exempt because: (please mark below)
None of our contracts/purchase orders with TOFF is in excess
of $10,000.
We _____________
dt 1559598
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Subscribers | 2001 |
Most Favored Supplier And Alliance Agreement
Most Favored Supplier And Alliance Agreement (97K)
Doc #246917: Click preview link for longer preview.
MOST FAVORED SUPPLIER
AND
ALLIANCE AGREEMENT
AMONG
SCHLUMBERGER OILFIELD HOLDINGS LIMITED
SCHLUMBERGER TECHNOLOGY CORPORATION
AND
HANOVER COMPRESSION LIMITED PARTNERSHIP
Dated
August 31, 2001 {PAGE}
TABLE OF CONTENTS
{TABLE} {CAPTION} Page ---- {S} {C} ARTICLE I PURPOSE OF STRATEGIC ALLIANCE....................................................................... 2 1.1 Mission Statement............................................................................ 2 1.2 Alliance Objectives.......................................................................... 2 1.3 Alliance Goals............................................................................... 2
ARTICLE II OPERATION OF THE STRATEGIC ALLIANCE................................................................ 3 2.1 Management of Activities under the Strategic Alliance........................................ 3 2.2 Meetings of the Management Committee......................................................... 3 2.3 Responsibilities of the Management Committee................................................. 3 2.4 No Solicitation of Employees................................................................. 5
ARTICLE III RESPONSIBILITIES OF THE PARTIES................................................................... 6 3.1 Joint Responsibilities of Hanover and Schlumberger........................................... 6 3.2 Pursuing Designated Projects................................................................. 7 3.3 Business Cooperation in Schlumberger GeoMarkets.............................................. 8 3.4 Most Favored Supplier Status................................................................. 9 3.5 Automation Systems Alignment/Licensing....................................................... 11 3.6 Business Process Alignment/ISO Certification/Schlumberger QHSE Standards..................... 12
ARTICLE IV TERM AND PAYMENT................................................................................... 12 4.1 Consideration................................................................................ 12 4.2 Initial Term................................................................................. 13 4.3 Additional Terms............................................................................. 13 4.4 Termination for Default or Otherwise......................................................... 13 4.5 Registration Rights Agreement................................................................ 14
ARTICLE V REPRESENTATIONS AND WARRANTIES...................................................................... 14 5.1 Representations and Warranties of the Parties................................................ 14 5.2 Additional Representation of Schlumberger.................................................... 14 5.3 Survival of Representations and Warranties................................................... 15
ARTICLE VI TAXES.............................................................................................. 15 6.1 Taxes........................................................................................ 15 6.2 Withholding Taxes............................................................................ 15 6.3 Sales and Value Added Tax.................................................................... 16 6.4 Definitions.................................................................................. 16
ARTICLE VII INDEMNIFICATION AND INSURANCE..................................................................... 16 7.1 INDEMNIFICATION.............................................................................. 16 7.2 Insurance.................................................................................... 17 7.3 Survival..................................................................................... 17 {/TABLE}
i {PAGE}
TABLE OF CONTENTS (continued)
{TABLE} {CAPTION} Page ---- {S} {C} ARTICLE VIII PROPRIETARY INFORMATION.......................................................................... 17 8.1 Proprietary Information...................................................................... 17 8.2 Disclosure................................................................................... 17 8.3 Covenant..................................................................................... 17 8.4 Authorization................................................................................ 18 8.5 Right to Disclose............................................................................ 18 8.6 No Rights to Proprietary Information......................................................... 18 8.7 Legal Process................................................................................ 18 8.8 Survival..................................................................................... 19
ARTICLE IX INVENTIONS AND DISCOVERIES......................................................................... 19 9.1 Single Party Inventions and Discoveries...................................................... 19 9.2 Joint Inventions and Discoveries............................................................. 19
ARTICLE X NON-COMPETITION..................................................................................... 20
ARTICLE XI WITHHOLDING OF INTEREST PAYMENTS................................................................... 20
ARTICLE XII MISCELLANEOUS..................................................................................... 21 12.1 Legal Relationship of Parties................................................................ 21 12.2 Non-Exclusivity.............................................................................. 21 12.3 Compliance With Laws......................................................................... 21 12.4 Assignment................................................................................... 21 12.5 Publicity.................................................................................... 21 12.6 Entire Agreement............................................................................. 22 12.7 Notices...................................................................................... 22 12.8 Forum; Waiver of Jury Trial.................................................................. 23 12.9 Limitation on Damages........................................................................ 23 12.10 Costs and Expenses........................................................................... 23 12.11 Counterparts................................................................................. 24 12.12 Severability................................................................................. 24 12.13 Waiver....................................................................................... 24 12.14 Compliance with FCPA......................................................................... 24 12.15 Further Assurances........................................................................... 24 12.16 Applicable Law............................................................................... 24 {/TABLE}
ii {PAGE}
MOST FAVORED SUPPLIER AND ALLIANCE AGREEMENT
This MOST FAVORED SUPPLIER AND ALLIANCE AGREEMENT (this "Agreement") is --------- entered into and effective this 31st day of August, 2001 by and among SCHLUMBERGER OILFIELD HOLDINGS LIMITED, a British Virgin Islands corporation ("SOHL"), SCHLUMBERGER TECHNOLOGY CORPORATION, a Texas corporation ("STC" and ---- --- together with SOHL, "Schlumberger"); and HANOVER COMPRESSION LIMITED ------------ PARTNERSHIP, a Delaware limited partnership, together with its affiliates ("Hanover"). In addition, CAMCO INTERNATIONAL INC., a Delaware corporation, and ------- HANOVER COMPRESSOR COMPANY, a Delaware corporation, each join in making this Agreement for the limited purposes described above such entity's name on the signature pages hereto. Schlumberger and Hanover are sometimes referred to individually as a "Party" and collectively as the "Parties." To the extent this ----- ------- Agreement refers to rights or obligations of Schlumberger within the United States, the term "Schlumberger" shall mean only STC and to the extent that this ------------ Agreement refers to rights and obligations of Schlumberger outside the United States, the term "Schlumberger" shall mean only SOHL. ------------
RECITALS
WHEREAS, Schlumberger is a respected developer and worldwide provider of drilling, completion, production and project management services, together with specialized know-how, ideas and technology relating thereto, and presently possesses the expertise and business contacts to market and develop such services on a worldwide basis;
WHEREAS, Hanover is a respected worldwide provider of full service natural gas compression on a rental, contract compression, maintenance and acquisition leaseback basis, including the servicing, financing, fabrication and equipment for contract natural gas, oil and water handling applications, power generation, pump systems and gas measurement;
WHEREAS, Schlumberger and Hanover have agreed to enter into a strategic relationship (the "Strategic Alliance") and, subject to the terms hereof, to ------------------ align their respective resources for the purpose of enhancing the Parties ability to, individually or collectively, provide best value solutions in agreed upon sectors of the oil and gas industry worldwide;
WHEREAS, Schlumberger and Hanover have agreed that Hanover shall enter into a most favored supplier relationship pursuant to which, subject to the terms hereof, Hanover shall be Schlumberger's most favored supplier (the "MFS --- Relationship") with respect to all of Schlumberger's and it affiliates' gas ------------ compression and certain oilfield surface production requirements; and
WHEREAS, Schlumberger and Hanover desire to enter into such Strategic Alliance and MFS Relationship upon the terms and conditions set forth in this Agreement. {PAGE}
AGREEMENT
NOW, THEREFORE, in consideration of the premises, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Schlumberger and Hanover agree as follows:
ARTICLE I
PURPOSE OF STRATEGIC ALLIANCE
1.1 Mission Statement. It is the mission of the Parties to align their respective goals and resources whenever mutually determined to be consistent with their common commercial interests for the purpose of fostering and maintaining a dynamic and enduring collaborative relationship which will enhance their ability to meet the needs of the oil and gas industry worldwide for best value solutions utilizing their complimentary alliance services.
1.2 Alliance Objectives. The purpose of the Strategic Alliance is for Schlumberger and Hanover to work together with the goal of creating a comprehensive, mutually satisfactory, long-term relationship to:
(a) Enhance Schlumberger's and Hanover's ability to provide coordinated services to customers.
(b) Exploit common areas of potential business growth through operational and technical synergies.
(c) Assist Hanover in penetrating and establishing a presence in certain new international markets.
(d) Develop solutions which result in lower lease operating expense to clients through enhanced production and more efficient equipment and capital utilization.
1.3 Alliance Goals. The intent of the Parties in entering the Strategic Alliance is to develop, support and continuously improve the way Schlumberger and Hanover conduct business together when mutually determined to be appropriate by establishing and meeting the following goals:
(a) Schlumberger and Hanover will be committed to conducting their activities under the Strategic Alliance in a safe and environmentally responsible manner.
(b) Schlumberger and Hanover will develop an in-depth understanding of their respective needs and capabilities in order to continuously improve the Strategic Alliance and the services they provide under the Strategic Alliance.
(c) Schlumberger and Hanover will establish common success assessment systems for their performance under the Strategic Alliance.
246917
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Schlumberger
As referenced in this Most Favored Supplier And Alliance Agreement:
SCHLUMBERGER TECHNOLOGY CORP – DESCRIPTION}SUPPLIED AND ALLIANCE AGREEMENT
{TEXT}
{PAGE}
Exhibit 99.4
EXECUTION COPY
MOST FAVORED SUPPLIER
AND
ALLIANCE AGREEMENT
AMONG
SCHLUMBERGER OILFIELD HOLDINGS LIMITED
SCHLUMBERGER TECHNOLOGY CORP ORATION
AND
HANOVER COMPRESSION LIMITED PARTNERSHIP
Dated
August 31, 2001
{PAGE}
TABLE OF CONTENTS
{TABLE}
{CAPTION}
Page
----
{S} {C}
ARTICLE I PURPOSE OF _____________
SCHLUMBERGER TECHNOLOGY CORP – entered into and effective this 31st day of August, 2001 by and among
SCHLUMBERGER OILFIELD HOLDINGS LIMITED, a British Virgin Islands corporation
("SOHL"), SCHLUMBERGER TECHNOLOGY CORP ORATION, a Texas corporation ("STC" and
---- ---
together with SOHL, "Schlumberger"); and HANOVER COMPRESSION LIMITED
------------
PARTNERSHIP, a Delaware limited partnership, together with its affiliates
(" _____________
SCHLUMBERGER TECHNOLOGY CORP – All notices
and other communications provided for in this Agreement shall be addressed as
follows:
22
{PAGE}
If to STC, addressed as follows:
SCHLUMBERGER TECHNOLOGY CORP ORATION
300 Schlumberger Drive MD:23
Sugar Land, Texas 77476
Attention: General Counsel
Telephone: (281) 285-8414
Facsimile: (281) 285-6952
with a _____________
SCHLUMBERGER TECHNOLOGY CORP – duly authorized representatives effective as of the date and
year first above written.
SCHLUMBERGER OILFIELD HOLDINGS LIMITED
By:___________________________________________
Name:_________________________________________
Title:________________________________________
SCHLUMBERGER TECHNOLOGY CORP ORATION
By:___________________________________________
Name:_________________________________________
Title:________________________________________
HANOVER COMPRESSION LIMITED PARTNERSHIP
By:___________________________________________
Name: Michael J. McGhan
Title: President and Chief Executive Officer
_____________
dt 99937
;
Enron
As referenced in this Most Favored Supplier And Alliance Agreement:
Enron Corp. – the management and
production thereof, together with any natural evolution thereof. The Parties
agree that companies whose primary businesses are midstream (e.g. El Paso,
Dynergy, Reliant Energy, Kinder Morgan, Enron Corp. and The Williams Companies
Inc.), shall not be deemed a competitor of Schlumberger's Oilfield Services
Businesses; or
13
{PAGE}
(g) immediately by Schlumberger if any Primary Competitor, or _____________
dt 1336276
;
Hanover
As referenced in this Most Favored Supplier And Alliance Agreement:
HANOVER COMPRESSION LIMITED PARTNERSHIP
– AGREEMENT
{TEXT}
{PAGE}
Exhibit 99.4
EXECUTION COPY
MOST FAVORED SUPPLIER
AND
ALLIANCE AGREEMENT
AMONG
SCHLUMBERGER OILFIELD HOLDINGS LIMITED
SCHLUMBERGER TECHNOLOGY CORPORATION
AND
HANOVER COMPRESSION LIMITED PARTNERSHIP
Dated
August 31, 2001
{PAGE}
TABLE OF CONTENTS
{TABLE}
{CAPTION}
Page
----
{S} {C}
ARTICLE I PURPOSE OF STRATEGIC ALLIANCE....................................................................... 2
1.1 _____________
HANOVER COMPRESSION LIMITED
------------
PARTNERSHIP, – SCHLUMBERGER OILFIELD HOLDINGS LIMITED, a British Virgin Islands corporation
("SOHL"), SCHLUMBERGER TECHNOLOGY CORPORATION, a Texas corporation ("STC" and
---- ---
together with SOHL, "Schlumberger"); and HANOVER COMPRESSION LIMITED
------------
PARTNERSHIP, a Delaware limited partnership, together with its affiliates
("Hanover"). In addition, CAMCO INTERNATIONAL INC., a Delaware corporation, and
-------
HANOVER COMPRESSOR COMPANY, a _____________
Hanover Compression Limited Partnership
– 400
Austin, Texas 78746
Attention: Brian P. Fenske, Esq.
Facsimile: (512) 457-7001
Telephone: (512) 457-7145
If to Hanover, addressed as follows:
Hanover Compression Limited Partnership
12001 North Houston Rosslyn
Houston, Texas 77806
Attention: William S. Goldberg
Telephone: (281) 447-8787
Facsimile: (281) 447-0821
23
{PAGE}
with _____________
HANOVER COMPRESSION LIMITED PARTNERSHIP
– year first above written.
SCHLUMBERGER OILFIELD HOLDINGS LIMITED
By:___________________________________________
Name:_________________________________________
Title:________________________________________
SCHLUMBERGER TECHNOLOGY CORPORATION
By:___________________________________________
Name:_________________________________________
Title:________________________________________
HANOVER COMPRESSION LIMITED PARTNERSHIP
By:___________________________________________
Name: Michael J. McGhan
Title: President and Chief Executive Officer
i
{PAGE}
Each of the following have caused this Most _____________
dt 100598
;
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HCC
As referenced in this Most Favored Supplier And Alliance Agreement:
HANOVER COMPRESSOR – partnership, together with its affiliates
("Hanover"). In addition, CAMCO INTERNATIONAL INC., a Delaware corporation, and
-------
HANOVER COMPRESSOR COMPANY, a Delaware corporation, each join in making this
Agreement for the limited purposes described _____________
Hanover Compressor – i) SOHL $6,281,200 in cash and 114,424 shares of common stock of
Hanover Compressor Company, a Delaware corporation and the parent of Hanover
("Parent"), and (ii) STC $2,826, _____________
HANOVER COMPRESSOR – which the undersigned will be
parties.
CAMCO INTERNATIONAL INC.
By:__________________________________________
Name:________________________________________
Title:_______________________________________
HANOVER COMPRESSOR COMPANY
By:__________________________________________
Name: Michael J. McGhan
Title: President and Chief Executive Officer
ii
{/TEXT}
{/ _____________
dt 75040
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