BOARD REPRESENTATION AND STANDSTILL AGREEMENTBoard Representation and Standstill Agreement • January 11th, 2017 • Stratus Properties Inc • Land subdividers & developers (no cemeteries) • Delaware
Contract Type FiledJanuary 11th, 2017 Company Industry JurisdictionThis BOARD REPRESENTATION AND STANDSTILL AGREEMENT (this “Agreement”) is made and entered into as of January 11, 2017, by and among Stratus Properties Inc., a Delaware corporation (the “Company”), on the one hand, and Oasis Management Company Ltd., Oasis Investments II Master Fund Ltd. and Oasis Capital Partners (Texas) Inc. (collectively, the “Stockholders”), on the other hand.