0001615817-16-000019 Sample Contracts

TEMPORARY LIMITED WAIVER AGREEMENT
Temporary Limited Waiver Agreement • May 10th, 2016 • C&J Energy Services Ltd. • Oil & gas field services, nec

THIS TEMPORARY LIMITED WAIVER AGREEMENT, dated May 10, 2016 (the “Signing Date”) and effective as of March 31, 2016 (this “Agreement”), is entered into by and between C&J Energy Services Ltd. (“Parent”), CJ Lux Holdings S.à r.l., a Luxembourg private limited liability company (société à responsabilité limitée), having its registered office at 15, rue Edward Steichen, L-2540 Luxembourg, having a share capital of $2,000,000 and registered with the Luxembourg Register of Commerce and Companies under number B190.857 (“Luxembourg Borrower”), CJ Holding Co. (“U.S. Borrower” and, together with Parent and Luxembourg Borrower, the “Borrowers”), certain other Loan Parties identified on the signature pages hereto, Bank of America, N.A., in its capacity as Administrative Agent under the Credit Agreement (as defined below) (in such capacity, the “Agent”) and the lenders appearing on the signature pages hereto (the “Consenting Lenders”). Each of the foregoing shall be referred to herein as a “Party”

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Re: Quarterly Performance Incentive Opportunity
Quarterly Performance Incentive Agreement • May 10th, 2016 • C&J Energy Services Ltd. • Oil & gas field services, nec

This letter will confirm that you are eligible to participate in the C&J Energy Services, Ltd. (the “Company”) 2016 Key Employee Incentive Plan (the “Plan”). Capitalized terms in this letter (this “Participation Agreement”) not herein defined shall have the meaning set forth in the Plan.

Re: Quarterly Performance Incentive Opportunity
Participation Agreement • May 10th, 2016 • C&J Energy Services Ltd. • Oil & gas field services, nec

This letter will confirm that you are eligible to participate in the C&J Energy Services, Ltd. (the “Company”) 2016 Senior Executive Incentive Plan (the “Plan”). Capitalized terms in this letter (this “Participation Agreement”) not herein defined shall have the meaning set forth in the Plan.

Re: Quarterly Performance Incentive Opportunity
Quarterly Performance Incentive Agreement • May 10th, 2016 • C&J Energy Services Ltd. • Oil & gas field services, nec

This letter will confirm that you are eligible to participate in the C&J Energy Services, Ltd. (the “Company”) 2016 Senior Executive Incentive Plan (the “Plan”). Capitalized terms in this letter (this “Participation Agreement”) not herein defined shall have the meaning set forth in the Plan.

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