0000950129-06-002151 Sample Contracts

CONTINGENT EARN OUT AGREEMENT
Contingent Earn Out Agreement • March 2nd, 2006 • Basic Energy Services Inc • Oil & gas field services, nec • Texas

This Contingent Earn Out Agreement (“Agreement”) is made and entered into as of the 28th day of February 2006 by and between Basic Energy Services, L.P., a Delaware limited partnership (“Basic”) and G & L Tool, Ltd., a Texas limited partnership (“G & L”).

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ASSET PURCHASE AGREEMENT
Asset Purchase Agreement • March 2nd, 2006 • Basic Energy Services Inc • Oil & gas field services, nec • Texas

THIS ASSET PURCHASE AGREEMENT (“Agreement”) is made and entered into as of the 21st day of February, 2006, by and between Basic Energy Services, L.P., a Delaware limited partnership acting herein by and through Basic Energy Services GP, LLC, its sole general partner (the “Purchaser”), and G&L Tool, Ltd., a Texas limited partnership (the “Seller”), DLH Management, LLC, a Texas limited liability company (the “Manager”) and LJH, Ltd., a Texas limited partnership (the “Owner”).

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