1
EXHIBIT 7.1
[XXXXX XXXXXX LETTERHEAD]
December 1, 1999
Tuboscope Inc. VIA FACSIMILE
0000 Xxxxxx Xxxx (000) 000-0000
Houston, Texas 77051
Attention: General Counsel
Re: Agreement for the Purchase and Sale of the Xxxxx Xxxxxx
Tubular Services Eastern Hemisphere Division of Xxxxx Xxxxxx
Incorporated dated as of October 1, 1991
Gentlemen:
Xxxxx Xxxxxx Incorporated hereby terminates and irrevocably
waives its right contained in the last sentence of Section 8.12 of the
above-referenced Agreement to request the nomination of a person to your Board
of Directors.
Very truly yours,
XXXXX XXXXXX INCORPORATED
By: /s/ XXX X. XXXXXX
---------------------------------------
Xxx X. Xxxxxx
Chairman of the Board, President
and Chief Executive Officer
cc: X. Xxxxx Xxxxxxxx, Xx.
Xxxxx & Xxxxx, L.L.P.
(facsimile: (000) 000-0000)
Xxxxxxx Xxxxxx
Xxxxxx & Xxxxxxx
(facsimile: (000) 000-0000)