NATIONAL ENERGY SERVICES REUNITED CORP. Road Town Tortola British Virgin Islands February 9, 2017Securities Purchase Agreement • March 29th, 2017 • National Energy Services Reunited Corp. • Blank checks • Virgin Islands
We are pleased to accept the offer NESR Holdings Ltd. (the “Subscriber”) has made to purchase an aggregate of 5,750,000 ordinary shares (the “Shares”) of no par value per share (the “Ordinary Shares”), up to 750,000 of which Shares are subject to complete or partial forfeiture (the “Forfeiture”) by you if the underwriters of the initial public offering (the “IPO”) of National Energy Services Reunited Corp., a British Virgin Islands company (the “Company”), do not fully exercise their over-allotment option (the “Over-allotment Option”). The terms on which the Company is willing to sell the Shares to the Subscriber, and the Company’s and the Subscriber’s agreements regarding such Shares, are as follows:
PRIVATE PLACEMENT WARRANTS PURCHASE AGREEMENTPrivate Placement Warrants Purchase Agreement • March 29th, 2017 • National Energy Services Reunited Corp. • Blank checks • Virgin Islands
THIS PRIVATE PLACEMENT WARRANTS PURCHASE AGREEMENT, dated February 9, 2017 (as it may from time to time be amended, this “Agreement”), is entered into by and between National Energy Services Reunited Corp., a British Virgin Islands company (the “Company”), and NESR Holdings Ltd., a British Virgin Islands company (the “Purchaser”).
