Exhibit
10.3


 


SUPPORT AGREEMENT


 


THIS SUPPORT AGREEMENT (this “Agreement”)
is dated as of May 3, 2020, by and among Amin J. Khoury (the “Stockholder”) and Quintana Energy Services Inc.,
a Delaware corporation (“Quartz”).


 


W I T N E S S E T H:


 


WHEREAS, concurrently with the execution and
delivery of this Agreement, Quartz, KLX Energy Services Holdings, Inc., a Delaware corporation (the “Company”),
Krypton Intermediate, LLC, a Delaware limited liability company (“Acquiror”) and Krypton Merger Sub, Inc., a
Delaware corporation and a wholly owned subsidiary of the Company (“Merger Sub”), are entering into an Agreement
and Plan of Merger, dated as of the date hereof (as the same may be amended or supplemented the “Merger Agreement”),
providing that, among other things, upon the terms and subject to the conditions set forth in the Merger Agreement, Quartz will
be merged with Merger Sub (the “Merger”), and each outstanding share of common stock, par value $0.01 per share,
of Quartz (“Quartz Common Stock”) will be converted into the right to receive the Merger Consideration (as defined
in the Merger Agreement);


 


WHEREAS, the Stockholder beneficially owns
such number of shares of common stock, par value $0.01 per share, of the Company (“Company Common Stock”) set
forth on Schedule A hereto (collectively, such shares of Company Common Stock are referred to herein as the “Subject
Shares”);


 


WHEREAS, as a condition of Quartz to enter
into the Merger Agreement, Quartz has required that the Stockholder enter into this Agreement;


 


WHEREAS, the Company has requested that the
Stockholder enter into this Agreement; and


 


WHEREAS, the execution and delivery of this
Agreement by the Stockholder, and the form and substance of this Agreement, have been approved by the Board of Directors of the
Company.


 


NOW, THEREFORE, to induce Quartz to enter
into, and in consideration of its entering into, the Merger Agreement, and in consideration of the promises and the representations,
warranties and agreements contained herein and therein, the parties, intending to be legally bound hereby, agree as follows:


 



     


     


    




 


1.             
Representations and Warranties of Stockholder. The Stockholder hereby represents and warrants to Quartz as of the
date hereof as follows:


 


(a)              
Authority; No Violation. This Agreement has been duly and validly executed and delivered
by the Stockholder and (assuming due authorization, execution and delivery by Quartz) this Agreement constitutes a valid and binding
obligation of the Stockholder, enforceable against the Stockholder in accordance with its terms, except that such enforceability
(i) may be limited by bankruptcy, insolvency, moratorium or other similar laws affecting or relating to the enforcement of creditors’
rights generally and (ii) is subject to general principles of equity and the discretion of the court before which any proceedings
seeking injunctive relief or specific performance may be brought. Neither the execution and delivery of this Agreement by the Stockholder,
nor the consummation by the Stockholder of the transactions contemplated hereby, nor compliance by the Stockholder with any of
the terms or provisions hereof, will (x) violate any law, statute, code, ordinance, rule, regulation, judgment, order, writ, decree
or injunction applicable to the Stockholder, or any of its properties or assets, or (y) violate, conflict with, result in a breach
of any provision of or the loss of any benefit under, constitute a default (or an event which, with notice or lapse of time, or
both, would constitute a default) under, result in the termination of or a right of termination or cancellation under, accelerate
the performance required by, or result in the creation of any lien, claim, mortgage, encumbrance, pledge, deed of trust, security
interest, equity or charge of any kind (each, a “Lien”) upon any of the Subject Shares pursuant to any of the
terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument
or obligation to which the Stockholder is a party, or by which it or any of its properties or assets (including the Subject Shares)
may be bound or affected.


 


(b)              
The Subject Shares. The Stockholder is the beneficial owner of and has the sole right
to vote and dispose of the Subject Shares, free and clear of any Liens whatsoever, except for any Liens which arise hereunder,
and except as disclosed in any Schedule 13D filed by the Stockholder prior to the date hereof. None of the Subject Shares is subject
to any voting trust or other agreement, arrangement or restriction, except as contemplated by this Agreement. Without limiting
the generality of the foregoing, there are no options, warrants, agreements, commitments or arrangements of any kind, contingent
or otherwise, obligating the Stockholder to sell, transfer (including by tendering into any tender or exchange offer), assign,
grant a participation interest in, option, pledge, hypothecate or otherwise dispose of or encumber, including by operation of law
or otherwise (each, a “Transfer”), or cause to be Transferred, any of the Subject Shares, other than a Transfer,
such as a hedging or derivative transaction, with respect to which the Stockholder retains its Subject Shares and the sole right
to vote, dispose of and exercise dissenters' rights with respect to its Subject Shares during the Applicable Period, and (ii) no
Person has any contractual or other right or obligation to purchase or otherwise acquire any of the Subject Shares. Other than
the Subject Shares, the Stockholder does not beneficially own any equity interests or other equity-based securities in the Company
or any of its Subsidiaries.


 






    2


     


    




 


(c)              
Absence of Litigation. There is no litigation, suit, claim, action, proceeding or
investigation (whether judicial, arbitral, administrative, or other) pending, or to the knowledge of the Stockholder, threatened
against the Stockholder, or any property or asset of the Stockholder, that could reasonably be expected to materially impair or
materially affect the ability of the Stockholder to perform the Stockholder’s obligations hereunder or to delay or prevent
the consummation of the transactions contemplated by this Agreement on a timely basis.


 


(d)              
No Consents Required. No consent, approval, or authorization of, or registration,
declaration or filing with, any Person or Governmental Authority is required to be obtained or made by or with respect to the Stockholder
in connection with the execution, delivery and performance of this Agreement and except for any applicable requirements and filings
with the SEC, if any, under the Exchange Act and except where the failure to obtain such consents, approvals, authorizations or
permits, or to make such filings or notifications, would not prevent or delay the performance by the Stockholder of the Stockholder’s
obligations under this Agreement in any material respect. 


 


(e)              
Reliance. The Stockholder understands and acknowledges that Quartz is
entering into the Merger Agreement in reliance upon the Stockholder’s execution and delivery of this Agreement.


 


(f)               
Stockholder Has Adequate Information. The Stockholder is a sophisticated stockholder with respect to the Subject
Shares and has adequate information concerning the business and financial condition of Quartz to make an informed decision regarding
the Merger and the transactions contemplated by the Merger Agreement and has independently and without reliance upon Quartz and
based on such information as the Stockholder has deemed appropriate, made its own analysis and decision to enter into this Agreement.
The Stockholder acknowledges that Quartz has not made and does not make any representation or warranty, whether express or implied,
of any kind or character except as expressly set forth in this Agreement.







 



    3


     


    

 


2.            
Representations and Warranties of Quartz. Quartz hereby represents and warrants to the Stockholder as of the date
hereof as follows:


 


(a)              
Due Organization. Quartz is a corporation
duly incorporated under the laws of the State of Delaware and is validly existing and in good standing under the laws thereof.



 


(b)              
Authority; No Violation. Quartz has full corporate
power and authority to execute and deliver this Agreement. The execution and delivery of this Agreement have been duly and validly
approved by the Board of Directors of Quartz and no other corporate proceedings on the part
of Quartz are necessary to approve this Agreement. This Agreement has been duly and validly
executed and delivered by Quartz and (assuming due authorization, execution and delivery
by the Stockholder) this Agreement constitutes a valid and binding obligation of Quartz,
enforceable against Quartz in accordance with its terms except that such enforceability
(i) may be limited by bankruptcy, insolvency, moratorium or other similar laws affecting or relating to the enforcement of creditors’
rights generally and (ii) is subject to general principles of equity and the discretion of the court before which any proceedings
seeking injunctive relief or specific performance may be brought. Neither the execution and delivery of this Agreement by Quartz,
nor the consummation by Quartz of the transactions contemplated hereby, nor compliance by
Quartz with any of the terms or provisions hereof, will (x) violate any provision of the
governing documents of Quartz or the certificate of incorporation, by-laws or similar governing
documents of any of Quartz’s Subsidiaries, (y) violate any law, statute, code, ordinance,
rule, regulation, judgment, order, writ, decree or injunction applicable to Quartz or any
of Quartz’s Subsidiaries, or any of their respective properties or assets, or (z)
violate, conflict with, result in a breach of any provision of or the loss of any benefit under, constitute a default (or an event
which, with notice or lapse of time, or both, would constitute a default) under, result in the termination of or a right of termination
or cancellation under, accelerate the performance required by, or result in the creation of any Lien upon any of the respective
properties or assets of Quartz or any of Quartz’s
Subsidiaries under, any of the terms, conditions or provisions of any note, bond, mortgage, indenture, deed of trust, license,
lease, agreement or other instrument or obligation to which Quartz or any of Quartz’s
Subsidiaries is a party, or by which they or any of their respective properties or assets may be bound or affected.


 



    4


     


    




 


3.             
Covenants of the Stockholder. The Stockholder agrees as follows; provided that all of the following covenants shall
apply solely to actions taken by such Stockholder in its capacity as a stockholder of the Company:


 


(a)               Agreement
to Vote Subject Shares. During the Applicable Period (as defined below), at any meeting of the stockholders of the
Company, however called, or at any postponement or adjournment thereof, or in connection with any written consent of the
stockholders of the Company or in any other circumstance upon which a vote, consent or other approval of all or some of the
stockholders of the Company is sought, the Stockholder shall, and shall cause any holder of record of its Subject Shares on
any applicable record date to, vote or, if stockholders are requested to vote their shares through the execution of an action
by written consent in lieu of such meeting of stockholders of the Company, execute a written consent or consents with respect
to all of its Subject Shares: (i) in favor of the Stock Issuance (as defined in the Merger Agreement) and approval of any
other matter that is required to be approved by the stockholders of the Company in order to effect the Merger and (ii)
against (1) any merger agreement or merger (other than the Merger Agreement and the Merger), consolidation, combination, sale
or transfer of a material amount of assets, reorganization, recapitalization, dissolution, liquidation or winding up of or by
the Company or any of its Subsidiaries or any Parent Acquisition Proposal, and (2) any amendment of the Company’s
certificate of incorporation or by-laws or other proposal or transaction involving the Company or any of its Subsidiaries,
which amendment or other proposal, action or transaction would reasonably be expected to, in any manner, delay, impede,
frustrate, prevent or nullify the Share Issuance, the Merger, the Merger Agreement or any of the transactions contemplated by
the Merger Agreement or change in any manner the voting rights of any outstanding class of capital stock of the Company.
During the Applicable Period, the Stockholder shall retain at all times the right to vote all of its Subject Shares in the
Stockholder’s sole discretion and without any other limitation on those matters other than those set forth in this Section
3(a) that are at any time or from time to time presented for consideration to the Company’s stockholders generally.
During the Applicable Period, in the event that any meeting of the stockholders of the Company is held, the Stockholder shall
(or shall cause the holder of record on any applicable record date to) appear at such meeting or otherwise cause all of its
Subject Shares to be counted as present thereat for purposes of establishing a quorum. During the Applicable Period, the
Stockholder further agrees not to commit or agree, and to cause any record holder of its Subject Shares not to commit or
agree, to take any action inconsistent with the foregoing during the Applicable Period. “Applicable
Period” means the period from and including the date of this Agreement to and including the date of the termination
of this Agreement pursuant to Section 5 hereof.


 






    5


     


    




 


(b)              
No Transfers. Except as provided in this Section 3(b), the Stockholder agrees
not to, and to cause any record holder of its Subject Shares, not to, in any such case directly or indirectly, during the Applicable
Period (i) Transfer or enter into any agreement, option or other arrangement (including any profit sharing arrangement) with respect
to the Transfer of, any of its Subject Shares (or any interest therein) to any Person, except that Stockholder shall be entitled
to sell the Subject Shares as reflected on Schedule B hereto (prior to giving effect to any stock split or reverse stock
split) for tax planning purposes, or (ii) grant any proxies, or deposit any of its Subject Shares into any voting trust or enter
into any voting arrangement, whether by proxy, voting agreement or otherwise, with respect to its Subject Shares, other than pursuant
to this Agreement (which, for the avoidance of doubt, shall not prevent the Stockholder from granting any proxy or entering into
any voting agreement with respect to matters other than those set forth in Section 3(a)). Subject to the second to last
sentence of this Section 3(b), the Stockholder further agrees not to commit or agree to take, and to cause any record holder
of any of its Subject Shares not to commit or agree to take, any of the foregoing actions during the Applicable Period. Any
attempted Transfer by the Stockholder of its Subject Shares (or of any interest therein) in violation of this Section 3(b)
shall be null and void. Notwithstanding the foregoing, the Stockholder shall have the right to
(a) Transfer its Subject Shares to an Affiliate if and only if such Affiliate shall have agreed in writing, in a manner acceptable
in form and substance to Quartz, (i) to accept such Subject Shares subject to the terms and conditions of this Agreement, and (ii)
to be bound by this Agreement as if it were “the Stockholder” for all purposes of this Agreement; provided, however,
that no such Transfer shall relieve the Stockholder from its obligations under this Agreement with respect to any Subject Shares
or (b) Transfer its Subject Shares in a transaction, such as a hedging or derivative transaction, with respect to which the Stockholder
retains its Subject Shares and the sole right to vote, exercise dissenters' rights with respect to and dispose of its Subject Shares
during the Applicable Period, provided that no such transaction shall (x) in any way limit any of the obligations of the Stockholder
under this Agreement, or (y) have any adverse effect on the ability of the Stockholder to perform its obligations under this Agreement.


 


(c)              
Waiver of Dissenters’ Rights and Certain Other Actions. The Stockholder hereby
waives, and agrees not to exercise or assert, if applicable, and to cause any record holder of any of its Subject Shares to waive
and not to exercise or assert, if applicable, any appraisal rights under Section 262 of the DGCL in connection with the Merger.
The Stockholder hereby agrees not to commence or participate in, and to take all actions necessary to opt out of any class in any
class action with respect to, any action, derivative or otherwise, against the Company, Merger Sub, Quartz, or any of their respective
Subsidiaries or successors: (a) challenging the validity of, or seeking to enjoin or delay the operation of, any provision of this
Agreement or the Merger Agreement (including any claim seeking to enjoin or delay the Closing); or (b) to the fullest extent permitted
under Law, alleging a breach of any duty of the Board of Directors of the Company or Quartz in connection with the Merger Agreement,
this Agreement, or the transactions contemplated thereby or hereby; provided, however, that nothing set forth herein shall apply
to any claim for fraud.


 



    6


     


    




 


(d)              
Adjustment to Subject Shares; Acquisitions. In case of a stock dividend or distribution,
or any change in the Company Common Stock by reason of any stock dividend, stock split or distribution, split-up, recapitalization,
combination, exchange of shares or the like, the term “Subject Shares” shall be deemed to refer to and include the
Subject Shares as well as all such stock dividends and distributions and any securities into which or for which any or all of the
Subject Shares may be changed or exchanged or which are received in such transaction. The Stockholder agrees that any shares of
Company Common Stock and any other shares of capital stock of the Company or other equity of the Company that the Stockholder purchases
or otherwise acquires or with respect to which the Stockholder otherwise acquires beneficial ownership (as defined in Rule 13d-3
under the Exchange Act) after the execution of this Agreement (the "New Shares") and prior to the termination
of this Agreement pursuant to Section 5, shall be subject to the terms and conditions
of this Agreement to the same extent as if the New Shares had been Subject Shares as of the date of this Agreement.


 


(e)              
Irrevocable Proxy. The Stockholder hereby revokes (or agrees to cause
to be revoked) any proxies that such Stockholder has heretofore granted with respect to the Subject Shares. The Stockholder hereby
irrevocably appoints Quartz as attorney-in-fact and proxy for and on behalf of
such Stockholder, for and in the name, place and stead of such Stockholder, to: (i) attend any and all meetings
of stockholders of the Company, (ii) vote, express consent or dissent or issue instructions to the record holder to
vote the Subject Shares in accordance with the provisions of Section 3(a) with respect to the matters set
forth in Section 3(a) at any and all meetings of stockholders of the Company or in connection with any action sought to
be taken by written consent of stockholders of the Company without a meeting and (iii) grant or withhold, or issue instructions
to the record holder to grant or withhold, consistent with the provisions of Section 3(a), all written consents
with respect to the Subject Shares at any and all meetings of stockholders of the Company or in connection with any action sought
to be taken by written consent of stockholders of the Company without a meeting. Quartz
agrees not to exercise the proxy granted herein for any purpose other than the purposes described in this Agreement. Without limiting
the generality of the foregoing, Quartz may not exercise the proxy granted herein on any
other matter. The Stockholder may vote its Subject Shares on all other matters. The foregoing proxy shall be deemed to be a proxy
coupled with an interest, is irrevocable (and as such shall survive and not be affected by the death, incapacity, mental illness
or insanity of the Stockholder, as applicable) until the termination of this Agreement and shall not be terminated by operation
of law or upon the occurrence of any other event other than the termination of this Agreement pursuant to Section 5.
The Stockholder authorizes such attorney and proxy to substitute any other Person to act hereunder, to revoke any substitution
and to file this proxy and any substitution or revocation with the Secretary of Company. The Stockholder hereby affirms that the
proxy set forth in this Section 3(e) is given in connection with and granted in consideration of and as an
inducement to Quartz to enter into the Merger Agreement and this Agreement and that such
proxy is given to secure the obligations of such Stockholder under Section 3(a). The proxy set forth in this Section 3(e) is
executed and intended to be irrevocable, subject, however, to its automatic termination upon the termination of this Agreement
pursuant to Section 5. With respect to any Subject Shares that are owned beneficially by the Stockholder but are
not held of record by the Stockholder (other than shares beneficially owned by the Stockholder that are held in the name of a bank,
broker or nominee), the Stockholder shall use reasonable efforts to take all action necessary to cause the record holder of such
Subject Shares to grant the irrevocable proxy and take all other actions provided for in this Section 3(e) with
respect to such Subject Shares.


 






    7


     


    

 


(f)               
Non-Solicitation. The Stockholder agrees that it will not knowingly take any action that the Company is prohibited
from taking pursuant to Section 5.5 (Non-Solicitation by Parent) of the Merger Agreement.


 


4.            
Assignment; No Third Party Beneficiaries. Except as provided herein, neither this Agreement nor any of the rights,
interests or obligations hereunder shall be assigned by any of the parties without the prior written consent of the other parties
hereto. Subject to the preceding sentence, this Agreement will be binding upon, inure to the benefit of and be enforceable by the
parties hereto and their respective successors and assigns. Except as otherwise expressly provided herein, this Agreement (including
the documents and instruments referred to herein) is not intended to confer upon any Person other than the parties hereto any rights
or remedies hereunder.


 


5.            
Termination. This Agreement and the covenants and agreements set forth in this Agreement shall automatically terminate
(without any further action of the parties) upon the earliest to occur of: (a) the termination of the Merger Agreement in accordance
with its terms; (b) the Effective Time; (c) the date of any modification, waiver or amendment to the Merger Agreement
effected without such Stockholder’s consent that increases the amount or changes the form of consideration to be paid by
the Company pursuant to the terms of the Merger Agreement as in effect on the date of this Agreement; (d) the mutual written
consent of the parties hereto; (e) the Outside Date; and (f) the occurrence of a Parent Change of Recommendation pursuant to Section
5.5(f) of the Merger Agreement. In the event of termination of this Agreement pursuant to this Section 5, this Agreement
shall become void and of no effect with no liability on the part of any party; provided, however, that no such
termination shall relieve any party from liability for any breach hereof prior to such termination.


 



    8


     


    

 


6.            
General Provisions.


 


(a)              
Amendments. This Agreement may not be amended except by an instrument in writing
signed on behalf of each of the parties hereto.


 


(b)              
Notice. All notices and other communications hereunder shall be in writing and shall
be deemed given if delivered personally, electronically (which is confirmed), telecopied (which is confirmed) or sent by overnight
courier (providing proof of delivery) at the following addresses (or at such other address for a party as specified by like notice,
provided, that notices of a change of address will be effective only upon receipt thereof):


 


(i)                
If to the Stockholder, to:


 


KLX Energy Services
Holdings, Inc.


1300 Corporate Center Way


Wellington, FL 33414


Attention:    Amin
J. Khoury


 


With copies (which shall not constitute notice) to:


 


Freshfields Bruckhaus Deringer US LLP


601 Lexington Avenue, 31st Floor


New York, NY 10022


Facsimile: (212) 277-4001


		Attention:	Valerie Ford Jacob, Esq.



Paul K. Humphreys, Esq.


		Email:	Valerie.Jacob@freshfields.com



Paul.Humphreys@freshfields.com


 


		(ii)	If to Quartz, to:



 


Quintana Energy
Services Inc.


1415 Louisiana St.


Houston, TX 77002


Attention: Max Bouthillette


Email: maxb@qesinc.com


 


With copies (which shall not constitute notice) to:


 


Skadden, Arps, Slate, Meagher & Flom LLP


1000 Louisiana, Suite 6800


Houston, TX 77002


 



    9


     


    

 


		Attention:	Frank Bayouth



Eric Otness


		Email:	frank.bayouth@skadden.com



eric.otness@skadden.com


 


(c)              
Interpretation. When a reference is made in this Agreement to a Section, such reference
shall be to a Section to this Agreement unless otherwise indicated. The headings contained in this Agreement are for reference
purposes only and shall not affect in any way the meaning or interpretation of this Agreement. Wherever the words “include,”
 “includes” or “including” are used in this Agreement, they shall be deemed to be followed by the words
 “without limitation.” The phrases “the date of this Agreement”, “the date hereof” and terms
of similar import, unless the context otherwise requires, shall be deemed to refer to May 3, 2020.


 


(d)              
Counterparts. This Agreement may be executed in counterparts, all of which shall
be considered one and the same agreement and shall become effective when counterparts have been signed by each of the parties hereto
and delivered to the other parties hereto, it being understood that all parties hereto need not sign the same counterpart.


 


(e)              
Entire Agreement. This Agreement (including the documents and the instruments referred
to herein) constitutes the entire agreement and supersedes all prior agreements and understandings, both written and oral, among
the parties hereto with respect to the subject matter hereof.


 


(f)               
Governing Law. This Agreement shall be governed by, and construed in accordance with,
the laws of the State of Delaware regardless of the laws that might otherwise govern under applicable principles of conflicts of
law thereof or of any other jurisdiction.


 


(g)              
Severability. If any term, provision, covenant or restriction herein, or the application
thereof to any circumstance, shall, to any extent, be held by a court of competent jurisdiction to be invalid, void or unenforceable,
the remainder of the terms, provisions, covenants and restrictions herein and the application thereof to any other circumstances,
shall remain in full force and effect, shall not in any way be affected, impaired or invalidated, and shall be enforced to the
fullest extent permitted by law, and the parties hereto shall reasonably negotiate in good faith a substitute term or provision
that comes as close as possible to the invalidated and unenforceable term or provision, and that puts each party hereto in a position
as nearly comparable as possible to the position each such party would have been in but for the finding of invalidity or unenforceability,
while remaining valid and enforceable.


 



    10


     


    




 


(h)              
Waiver. Any provisions of this Agreement may be waived at any time by the party that
is entitled to the benefits thereof. Any agreement on the part of a party hereto to any such extension or waiver shall be valid
only if set forth in a written instrument signed on behalf of such party, but such extension or waiver or failure to insist on
strict compliance with an obligation, covenant, agreement or condition shall not operate as a waiver of, or estoppel with respect
to, any subsequent or other failure.


 


(i)                
Further Assurances. The Stockholder will, from time to time, (i) at the request of
Quartz take, or cause to be taken, all actions, and do, or cause to be done, and assist and cooperate with the other parties hereto
in doing, all things reasonably necessary, proper or advisable to carry out the intent and purposes of this Agreement and (ii)
execute and deliver, or cause to be executed and delivered, such additional or further consents, documents and other instruments
as Quartz may reasonably request for the purpose of effectively carrying out the intent and purposes of this Agreement.


 


(j)                
Publicity. Except as otherwise required by law (including securities laws and regulations)
and the regulations of any national stock exchange, so long as this Agreement is in effect, the Stockholder shall not issue or
cause the publication of any press release or other public announcement with respect to, or otherwise make any public statement
concerning, the transactions contemplated by this Agreement or the Merger Agreement, without the consent of Quartz, which consent
shall not be unreasonably withheld.


 


(k)              
Capitalized Terms. Capitalized terms used but not defined herein shall have the meanings
set forth in the Merger Agreement.


 


7.            
Stockholder Capacity. The Stockholder signs solely in its capacity as the beneficial owner of its Subject Shares
and nothing contained herein shall limit or affect any actions taken by any officer, director, partner, Affiliate or representative
of such Stockholder who is or becomes an officer or a director of the Company in his or her capacity as an officer or director
of the Company, and none of such actions in such capacity shall be deemed to constitute a breach of this Agreement. The Stockholder
signs individually solely on behalf of itself and not on behalf of any other Stockholder.


 



    11


     


    




 


8.            
Enforcement. The parties hereto agree that irreparable damage would occur in the event that any of the provisions
of this Agreement were not performed in accordance with their specific terms or were otherwise breached and that money damages
would not be a sufficient remedy of any such breach. It is accordingly agreed that, in addition to any other remedy to which they
are entitled at law or in equity, the parties hereto shall be entitled to specific performance and injunctive or other equitable
relief, without the necessity of proving the inadequacy of money damages. Notwithstanding the foregoing, Quartz agrees that with
respect to any damage claim that might be brought against the Stockholder, any of its affiliates, the Company, Merger Sub or Acquiror
under this Agreement, and without regard to whether such claim sounds in contract, tort or any other legal or equitable theory
of relief, that damages are limited to actual damages and expressly waives any right to recover special damages, including without
limitation, lost profits as well as any punitive or exemplary damages. In the event of any litigation over the terms of this Agreement,
the prevailing party in any such litigation shall be entitled to reasonable attorneys’ fees and costs incurred in connection
with such litigation. The parties hereto further agree that any action or proceeding relating to this Agreement or the transactions
contemplated hereby shall be heard and determined in the Court of Chancery of the State of Delaware (or, if the Court of Chancery
of the State of Delaware declines to accept jurisdiction over a particular matter, the Superior Court of the State of Delaware
(Complex Commercial Division) or, if subject matter jurisdiction over the matter that is the subject of the action or proceeding
is vested exclusively in the federal courts of the United States of America, the federal court of the United States of America
sitting in the district of Delaware) and any appellate court from any thereof. In addition, each of the parties hereto (a) consents
that each party hereto irrevocably submits to the exclusive jurisdiction and venue of such courts listed in this Section 8
in the event any dispute arises out of this Agreement or any of the transactions contemplated hereby, (b) agrees that each party
hereto irrevocably waives the defense of an inconvenient forum and all other defenses to venue in any such court in any such action
or proceeding, and (c) waives any right to trial by jury with respect to any claim or proceeding related to or arising out of this
Agreement or any of the transactions contemplated hereby.


 


9.                 
No Ownership Interest. Nothing contained in this Agreement shall be deemed to vest in Quartz or any other Person
any direct or indirect ownership or incidence of ownership of, or with respect to, any Subject Shares. Subject to the restrictions
and requirements set forth in this Agreement, all rights, ownership and economic benefits of and relating to the Subject Shares
shall remain vested in and belong to the Stockholder, and this Agreement shall not confer any right, power or authority upon Quartz
or any other Person to direct the Stockholder in the voting of any of the Subject Shares (except as otherwise specifically provided
for herein).


 


[Remainder of the page
intentionally left blank]


 



    12


     


    




 


IN WITNESS WHEREOF, this Agreement has been
executed and delivered as of the date first written above.


 


 





	 	QUINTANA ENERGY SERVICES INC.
	 	 
	 	 
	 	By:  	/s/ Christopher J. Baker
		 	Name:	Christopher J. Baker
	 	 	Title:	President and Chief Executive Officer




 






     


     


    

 


		Amin J. Khoury
	 	 
	 	/s/ Amin J. Khoury