Common use of Other Subject Companies Clause in Contracts

Other Subject Companies. The Company has no direct or indirect Subsidiaries other than EcoStim Texas, Viking Rock Holding, Viking Rock and Eco-Stim Argentina. The Company directly owns one hundred percent (100%) of the Equity Interests in Viking Rock Holding, one hundred percent (100%) of the Equity Interests in EcoStim Texas and ninety percent (90%) of the Equity Interests in Eco-Stim Argentina, Viking Rock Holding directly owns one hundred percent (100%) of the Equity Interests in Viking Rock and EcoStim Texas directly owns ten percent (10%) of the Equity Interests in Eco-Stim Argentina, in each case free and clear of all Liens other than Permitted Liens. The Equity Interests of each Subject Company (other than the Company) have been duly authorized and validly issued and are fully paid and non-assessable. There are no options, warrants, convertible securities or similar rights that entitle or could entitle any Person to any Equity Interest in any such Subject Company (other than equity awards as disclosed in Section 3.1(b)(v) below).

Other Subject Companies. The Company On the Amendment and Restatement Closing Date, the Issuer has no direct or indirect Subsidiaries other than EcoStim Texas, Viking Rock Holding, Viking Rock and Eco-Stim Argentina. . (i) The Company Issuer directly owns one hundred percent (100%) % of the Equity Interests in Viking Rock Holding, one hundred percent (100%) % of the Equity Interests in EcoStim Texas and ninety percent (90%) % of the Equity Interests in Eco-Stim Argentina, (ii) Viking Rock Holding directly owns one hundred percent (100%) % of the Equity Interests in Viking Rock and (iii) EcoStim Texas directly owns ten percent (10%) % of the Equity Interests in Eco-Stim Argentina, in each case free and clear of all Liens other than Permitted Liens. The Equity Interests of each Subject Company (other than the CompanyIssuer) have been duly authorized and validly issued and are fully paid and non-assessable. There are no options, warrants, convertible securities or similar rights that entitle or could entitle any Person to any Equity Interest in any such Subject Company (other than equity awards as options or warrants to purchase Common Stock of the Issuer disclosed in Section 3.1(b)(v) below)the Issuer’s SEC Documents.

Other Subject Companies. The Company has no direct or indirect Subsidiaries other than EcoStim Texas, Viking Rock Holding, Viking Rock and Eco-Stim Argentina. The Company directly owns one hundred percent (100%) of the Equity Interests in Viking Rock Holding, one hundred percent (100%) of the Equity Interests in EcoStim Texas and ninety percent (90%) of the Equity Interests in Eco-Stim Argentina, Viking Rock Holding directly owns one hundred percent (100%) % of the Equity Interests in Viking Rock and EcoStim Texas directly owns ten percent (10%) of the Equity Interests in Eco-Stim Argentina, in each case free and clear of all Liens other than Permitted Liens. The Equity Interests of each Subject Company (other than the Company) have been duly authorized and validly issued and are fully paid and non-assessable. There are no options, warrants, convertible securities or similar rights that entitle or could entitle any Person to any Equity Interest in any such Subject Company (other than equity awards as disclosed in Section 3.1(b)(v) below).

Other Subject Companies. The Company On the Closing Date, the Issuer has no direct or indirect Subsidiaries other than EcoStim Texas, Viking Rock Holding, Viking Rock and Eco-Stim Argentina. . (i) The Company Issuer directly owns one hundred percent (100%) % of the Equity Interests in Viking Rock Holding, one hundred percent (100%) % of the Equity Interests in EcoStim Texas and ninety percent (90%) % of the Equity Interests in Eco-Stim Argentina, (ii) Viking Rock Holding directly owns one hundred percent (100%) % of the Equity Interests in Viking Rock and (iii) EcoStim Texas directly owns ten percent (10%) % of the Equity Interests in Eco-Stim Argentina, in each case free and clear of all Liens other than Permitted Liens. The Equity Interests of each Subject Company (other than the CompanyIssuer) have been duly authorized and validly issued and are fully paid and non-assessable. There are no options, warrants, convertible securities or similar rights that entitle or could entitle any Person to any Equity Interest in any such Subject Company (other than equity awards as options or warrants to purchase Common Stock of the Issuer disclosed in Section 3.1(b)(v) below)the Issuer’s SEC Documents, except pursuant to the Option Agreement.