PHANTOM SHARES SURRENDER AGREEMENT, RELEASE AND WAIVERShares Surrender Agreement, Release and Waiver • September 26th, 2008 • McJunkin Red Man Holding Corp • Retail-building materials, hardware, garden supply • Oklahoma
THIS PHANTOM SHARE SURRENDER AGREEMENT, RELEASE AND WAIVER (this “Agreement”) is made as of October 30, 2007 by and between Red Man Pipe & Supply Co., an Oklahoma corporation (“Red Man”), McJ Holding LLC, a Delaware limited liability company (the “Company”) and Dee Paige (the “Employee”), in connection with the closing of the transactions contemplated by the Stock Purchase Agreement, dated as of July 6, 2007 (the “Purchase Agreement”), between West Oklahoma PVF Company, a Delaware corporation (“Buyer”), Red Man, the Company, and the holders of all outstanding shares of stock of the Company who are signatories thereto (the “Shareholders”). Capitalized terms not otherwise defined herein shall have the same meaning as in the Purchase Agreement.
PHANTOM SHARES SURRENDER AGREEMENT, RELEASE AND WAIVERShares Surrender Agreement, Release and Waiver • September 26th, 2008 • McJunkin Red Man Holding Corp • Retail-building materials, hardware, garden supply • Oklahoma
THIS PHANTOM SHARE SURRENDER AGREEMENT, RELEASE AND WAIVER (this “Agreement”) is made as of October 30, 2007 by and between Red Man Pipe & Supply Co., an Oklahoma corporation (“Red Man”), McJ Holding LLC, a Delaware limited liability company (the “Company”) and Jeffrey Lang (the “Employee”), in connection with the closing of the transactions contemplated by the Stock Purchase Agreement, dated as of July 6, 2007 (the “Purchase Agreement”), between West Oklahoma PVF Company, a Delaware corporation (“Buyer”), Red Man, the Company, and the holders of all outstanding shares of stock of the Company who are signatories thereto (the “Shareholders”). Capitalized terms not otherwise defined herein shall have the same meaning as in the Purchase Agreement.
