FORM OF INDEMNIFICATION AGREEMENTIndemnification Agreement • March 17th, 2008 • Diamondback Energy Services, Inc. • Crude petroleum & natural gas • Delaware
This Indemnification Agreement (this “Agreement”) dated the day of , 2008, by and between Diamondback Energy Services, Inc., a Delaware corporation (the “Company”), and , an individual (“Indemnitee”).
Windsor Energy Group L.L.C./Quantum Drilling Motors and Directional Services AgreementPartnering Agreement • March 17th, 2008 • Diamondback Energy Services, Inc. • Crude petroleum & natural gas
This letter will document an agreement under which Quantum Drilling Motors and Directional Services (Quantum) a subsidiary of Diamondback Energy Services will be a non-exclusive provider of “Horizontal, Directional Services and straight hole drilling motors” to Windsor Energy Group, L.L.C. (“Windsor”) on a “first call” basis, for the 2008 year with the option to renew for one (1) additional year. The service area will be the Windsor operated wells in West Texas, the Bakken and Wyoming and any other areas that Quantum has operating locations to provide service.
Windsor Energy Group L.L.C./Diamondback Energy Services Stimulation Services AgreementStimulation Services Agreement • March 17th, 2008 • Diamondback Energy Services, Inc. • Crude petroleum & natural gas
This letter will document an agreement under which Diamondback Pumping Services will be a non-exclusive provider of “Stimulation Services” to Windsor Energy Group, L.L.C. (“Windsor”) on a “first call” basis, for the 2008 year with the option to renew for one (1) additional year. The service area will be the Windsor operated wells in West Texas.
Diamondback Letterhead] [DATE]Key Employee Retention Agreement • March 17th, 2008 • Diamondback Energy Services, Inc. • Crude petroleum & natural gas • Oklahoma
This Key Employee Retention Agreement (“Agreement”) relates to your position as [TITLE] of Diamondback Energy Services, Inc., a Delaware corporation (the “Company”). Because the Company wishes to assure the present and future continuity of management in the event of any Change in Control (as defined below), as well as objectivity of management in the event of a proposed Change in Control, you and the Company are hereby entering into the following agreements:
