SHARES PURCHASE EXCHANGE AGREEMENTShares Purchase Exchange Agreement • May 29th, 2018 • Olayan Saudi Holding Co • Oil & gas field services, nec
This Shares Purchase Exchange Agreement (“Agreement”) is entered into on May__, 2018 (“Effective Date”) between Hana Investments Co. WLL, formed under the laws of Bahrain and with its registered address at Office 205, Building 111, Manama Center, Road 383, Block 304, Bahrain (“Olayan”) and National Energy Services Reunited Corp, a company incorporated in the British Virgin Islands with its registered address at 171 Main Street, Road Town, Tortola, VB1110, British Virgin Islands (“NESR”) (each of Olayan and NESR to be referenced hereafter as a “Party” or collectively as “Parties”). Capitalized terms not defined in this Agreement shall have the meaning as set forth in the SPA (as defined below). Any reference in this Agreement to “$” shall mean U.S. dollars.
