PURCHASE AND SALE AGREEMENT by and among MAVERICK STIMULATION COMPANY, LLC MAVERICK COIL TUBING SERVICES, LLC MAVERICK THRU-TUBING SERVICES, LLC MCM HOLDINGS, LLC THE MAVERICK COMPANIES, LLC MAVERICK SOLUTIONS, LLC MSM LEASING, LLC THE SELLERS SET...Purchase and Sale Agreement • July 12th, 2011 • Basic Energy Services Inc • Oil & gas field services, nec • Delaware
This PURCHASE AND SALE AGREEMENT (this “Agreement”) is made and entered into this 6th day of July, 2011 (the “Effective Date”), by and among (a) Maverick Stimulation Company, LLC, Maverick Coil Tubing Services, LLC, MCM Holdings, LLC, Maverick Thru-Tubing Services, LLC, The Maverick Companies, LLC, Maverick Solutions, LLC and MSM Leasing, LLC (individually, a “Company” and collectively, the “Companies”), (b) Jerry Don Gregory, J.D. Gregory, Kristian E. Grimland, Timothy L. Anderson, Lyle Schadegg, Larry Young (collectively, the “Primary Seller Group”) and the Employee/Members listed on Exhibit A (each member of the Primary Seller Group and each Employee/Member listed on Exhibit A shall individually be referred to as a “Seller” and collectively referred to as the “Sellers”), (c) Kristian E. Grimland, as Sellers’ Representative and (d) Basic Energy Services, L.P., a Delaware limited partnership (the “Buyer”).
