Document:

EX-10.9

 Exhibit 10.9 
 FORM OF REGISTRATION RIGHTS AGREEMENT 
 THIS REGISTRATION RIGHTS
AGREEMENT (this “Agreement”) is made and entered into as of [•], 2013, by and among Frank’s International N.V., a limited liability company organized and existing under the laws of the laws of the Netherlands
(naamloze vennootschap) (the “Company”), Mosing Holdings, Inc., a Delaware corporation (“Mosing Holdings”), and FWW B.V., a private limited liability company organized and existing under the
laws of The Netherlands (besloten vennootschap) (“FWW”) (each a “Party” and collectively, the “Parties”). 

W I T N E S S E T H: 
 WHEREAS, in connection with, and in consideration of, the transactions contemplated by the Company’s Registration Statement on Form S-1, (File No. 333-188536) initially filed with the
Commission (as hereinafter defined) on May 10, 2013 and declared effective by the Commission under the Securities Act (as hereinafter defined) on [•], 2013, the Holders (as hereinafter defined) have requested, and the Company has agreed to
provide, registration rights with respect to the Registrable Securities (as hereinafter defined), as set forth in this Agreement. 
 NOW, THEREFORE, in consideration of the premises and the mutual covenants of the parties hereto, and for other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto hereby agree as follows: 
 Section 1. Definitions 

Unless otherwise defined herein, as used in this Agreement, the following terms have the following meanings: 

“Automatic Shelf Registration Statement” means a registration statement filed on Form S-3 (or successor form or
other appropriate form under the Securities Act) by a WKSI pursuant to General Instruction I.D. or I.C. (or other successor or appropriate instruction) of such forms, respectively. 

“Business Day” means any day other than a Saturday, Sunday or legal holiday on which banks in New York, New York
are authorized or obligated by law to close. 
 “Capital Stock” means the Common Stock and Preferred
Stock. 
 “Commission” means the Securities and Exchange Commission. 

“Common Stock” means the common stock, par value €0.01 per share, of the Company (or successor entity),
together with each class of security into which such common stock may be converted or for which such common stock may be exercised or exchanged. 
 “Entity” means any corporation, limited liability company, general partnership, limited partnership, venture, trust, business trust, unincorporated association, estate or other
entity. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended. 

 “FICV Portions” has the meaning set forth in the Registration
Statement on Form S-1 (File No. 333-188536). 
 “Governmental Authority” means any United States,
foreign, supra-national, federal, state, provincial, local or self-regulatory governmental, regulatory or administrative authority, agency, division, body, organization or commission or any judicial or arbitral body. 

“Holder” means any Party owning Registrable Securities. 

“Initiating Holder(s)” has the meaning set forth in Section 2(a). 

“FWW” has the meaning set forth in the preamble. 

“Mosing Holdings” has the meaning set forth in the preamble. 

“Party” has the meaning set forth in the preamble. 

“Person” means any individual or Entity. 

“Preferred Stock” means the Series A preferred stock, par value €0.01 per share, of the Company (or
successor entity). 
 “Prospectus” has the meaning set forth in Section 5(a). 

“Registering Stockholder” means any Holder of Registrable Securities giving the Company a notice pursuant to
Section 2 or Section 3 hereof requesting that the Registrable Securities owned by it be included in a proposed registration. 
 “Registrable Securities” means any shares of Common Stock held by the Holders from time to time, including any shares of Common Stock issuable upon exchange of FICV Portions or
conversion of Preferred Stock (even if such exchange or conversion shall not have yet occurred), other than shares of Common Stock (a) sold by a Holder in a transaction in which the Holder’s rights under this Agreement are not assigned,
(b) sold pursuant to an effective registration statement under the Securities Act, (c) sold in a transaction exempt from the registration and prospectus delivery requirements of the Securities Act (including transactions under Rule 144, or
a successor thereto, promulgated under the Securities Act) so that all transfer restrictions and restrictive legends with respect thereto, if any, are removed upon the consummation of such sale, or (d) that can be publicly sold by the Holder in
question without limitations on the manner of such sale and without volume limitations pursuant to Rule 144, or a successor thereto. 
 “Registration Expenses” means, except for Selling Expenses (as hereinafter defined), all expenses incurred by the Company in effecting any registration pursuant to this Agreement,
including all registration, qualification and filing fees, printing expenses, escrow fees, fees and disbursements of counsel for the Company, blue sky fees and expenses, the expense of any special audits incident to or required by any such
registration and the reasonable fees and disbursements of one special legal counsel to represent all of the Holders together. 

  
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 “Registration Statement” has the meaning set forth in
Section 5(a). 
 “Rule 144” has the meaning set forth in Section 8. 

“Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations promulgated
thereunder. 
 “Selling Expenses” means all underwriting discounts and selling commissions applicable to
the securities sold in a transaction or transactions registered on behalf of the Holders. 
 “Shelf Registration
Statement” shall mean a registration statement of the Company filed with the Commission on Form S-3 (or any successor form or other appropriate form under the Securities Act) for an offering to be made on a continuous basis pursuant to
Rule 415 under the Securities Act (or any similar rule that may be adopted by the Commission) covering the Registrable Securities, as applicable. 
 “Transfer” means a disposition, sale, assignment, transfer, exchange, pledge or the grant of a security interest or other encumbrance. 

“Violation” has the meaning set forth in Section 7(a). 

“WKSI,” or a well-known seasoned issuer, has the meaning set forth in Rule 405 under the Securities Act.

 Section 2. Demand Registration Rights 
 (a) General. If the Company shall receive from any Holder or group of Holders, at any time after six (6) months after the date of the consummation of the Company’s initial public
offering, a written request that the Company file a registration statement with respect to any of such Holder’s Registrable Securities or, in the event that a Shelf Registration Statement covering such Holders’ Registrable Securities is
already effective, a written request that the Company engage in an underwritten offering (an “Underwritten Offering”) in respect of such Holder’s Registrable Securities (the sender(s) of such request or any similar
request pursuant to this Agreement shall be known as the “Initiating Holder(s)”), then the Company shall, within thirty (30) days of the receipt thereof, give written notice of such request to all Holders, and subject to
the limitations of this Section 2, use its commercially reasonable efforts to effect, as soon as reasonably practicable, the registration under the Securities Act of the sale of all Registrable Securities that the Holders request to be
registered and/or the Underwritten Offering of all Registrable Securities that the Holders request to be offered pursuant to such Underwritten Offering. Notwithstanding the foregoing, if the Initiating Holders’ Registrable Securities that are
desired to be sold in an Underwritten Offering are subject to an effective Shelf Registration Statement, neither the Company nor the Initiating Holders shall be required to include in such Underwritten Offering other Registrable Securities that are
not subject to an effective Shelf Registration Statement to the extent that such inclusion would result in a material delay in the consummation of the Underwritten Offering. Notwithstanding anything to the contrary in this Agreement, the Initiating
Holders may request that the Company register the sale of such Registrable Securities on an appropriate form, including a Shelf Registration Statement (so long as the Company is eligible to use Form S-3) and, if the Company is a WKSI, an Automatic
Shelf Registration Statement. The Company shall not be obligated to take any action to effect any such registration: 

  
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 (i) after it has effected six (6) Underwritten Offerings pursuant to this
Section 2 in which all Registrable Securities requested to be included therein will be included; provided that the Holders shall no longer collectively hold at least 10% of the outstanding Capital Stock of the Company; 

(ii) within ninety (90) days after the completion of any Underwritten Offering pursuant to this Section 2; 

(iii) during the period starting with the date thirty (30) days prior to its good faith estimate of the date of filing of, and ending
on a date sixty (60) days after the effective date of, a Company-initiated registration (other than a registration relating solely to the sale of securities to employees of the Company pursuant to a stock option, stock purchase or similar plan
or to a Commission Rule 145 transaction), provided that the Company is actively employing in good faith all reasonable efforts to cause such registration statement to become effective; 

(iv) where the anticipated aggregate offering price of all securities included in such offering is equal to or less than fifty million
dollars ($50,000,000); or 
 (v) if the Company shall furnish to such Holders a certificate signed by the President of the
Company stating that in the good faith judgment of the board of directors of the Company it would be seriously detrimental to the Company and its equity holders for such registration statement to be filed at the time filing would be required and it
is therefore essential to defer the filing of such registration statement, the Company shall have the right to defer such filing for a period of not more than ninety (90) days after receipt of the request of the Holders, provided that the
Company shall not defer its obligation in this manner or pursuant to Section 2(a)(iii) for more than an aggregate one hundred twenty (120) days in any twelve (12) month period. 

(b) Underwriting. In connection with any Underwritten Offering, the Company (together with all Holders proposing to distribute
their securities through such underwriting) shall enter into an underwriting agreement in customary form with the underwriter or underwriters selected for such underwriting by the Initiating Holders in their sole discretion. Notwithstanding any
other provision of this Section 2, if the underwriter advises the Initiating Holders in writing that marketing factors require a limitation of the number of shares to be underwritten, the Initiating Holders shall so advise all Holders of
Registrable Securities that would otherwise be underwritten pursuant hereto, and the number of shares of Registrable Securities that may be included in the registration and underwriting shall be allocated as set forth in this Section 2(b). The
shares of Registrable Securities that may be included shall be allocated first to the shares requested to be included by the Initiating Holders and then the shares requested to be included by other Holders, with such shares allocated among such
other Holders in proportion, as nearly as practicable, to the respective amounts of Registrable Securities held by such other Holders at the time of filing the registration statement. 

  
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 If any Holder of Registrable Securities disapproves of the terms of the underwriting, such
Person may elect to withdraw therefrom by written notice to the Company, the managing underwriter and the Initiating Holders. If by the withdrawal of such Registrable Securities a greater number of shares of Registrable Securities held by other
Holders may be included in such registration (up to the maximum of any limitation imposed by the underwriters), then the Company shall offer to all Holders who have included Registrable Securities in the registration the right to include additional
Registrable Securities in the same proportion used in determining the underwriter limitation in this Section 2(b). If the underwriter has not limited the number of shares of Registrable Securities to be underwritten, the Company may include
securities for its own account if the underwriter so agrees and if the number of shares of Registrable Securities which would otherwise have been included in such registration and underwriting will not thereby be limited. 

Section 3. Piggyback Registrations 
 (a) General. If, at any time or from time to time after the date hereof, the Company proposes to register the sale of any of its securities for its own account or for the account of any third
person in connection with an underwritten offering of its securities to the general public for cash on a form which would permit the registration of Registrable Securities, the Company will: 

(i) promptly give to each Holder written notice thereof; and 
 (ii) include in such registration and in the underwriting involved therein, all the Registrable Securities specified in a written request or requests, made within ten (10) days after mailing or
personal delivery of such written notice from the Company, by any Holders (except that (A) if the underwriter determines that marketing factors require a shorter time period and so inform each Holder in the applicable written notice, such
written request or requests must be made within five (5) days and (B) in the case of an “overnight” offering or a “bought deal,” such written request or requests must be made within one (1) Business Day), except as
set forth in Section 3(b); provided, however, that the Company may withdraw any registration statement described in this Section 3 at any time before it becomes effective, or postpone or terminate the offering of securities
under such registration statement, without obligation or liability to any Holder. 
 (b) Underwriting. The right of any
Holder to registration pursuant to this Section 3 shall be conditioned upon such Holder’s participation in the underwriting and the inclusion of such Holder’s Registrable Securities in the underwriting to the extent provided herein.
All Holders proposing to distribute their Registrable Securities through such underwriting shall (together with the Company) enter into an underwriting agreement in customary form with the underwriter or underwriters selected for such underwriting
by the Company. Notwithstanding any other provision of this Section 3, if the underwriter determines that marketing factors require a limitation of the number of shares to be underwritten, the Company shall so advise all Holders whose
securities would otherwise be registered and underwritten pursuant hereto, and the number of shares of Registrable Securities that may be included in the registration and underwriting shall be so limited and shall be allocated first, to the Company;
second, if there remains additional availability for additional Common Stock to be included in such offering, among all Holders in proportion, as nearly as practicable, to the respective amounts of

  
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Registrable Securities entitled to inclusion in such registration held by such Holders at the time of filing the registration statement, and third, if there remains availability for additional
securities to be included in such offering, pro rata among any other persons who have been granted registration rights, or who have requested participation in the offering. 
 If any Holder disapproves of the terms of any such underwriting, the Holder may elect to withdraw therefrom by written notice to the Company and the underwriter. If by the withdrawal of such Registrable
Securities a greater number of shares of Registrable Securities held by other Holders may be included in such registration (up to the maximum of any limitation imposed by the underwriters), then the Company shall offer to all Holders who have
included Registrable Securities in the registration the right to include additional shares of Registrable Securities in the same proportion used in determining the underwriter limitation in this Section 3(b). 

Section 4. Selection of Counsel; Registration Expenses 

(a) The Holders of a majority of the shares of Registrable Securities included in any offering pursuant to Section 2 or 3 hereof
shall have the right to designate legal counsel to represent all of the Holders in connection therewith. 
 (b) All Registration
Expenses incurred in connection with any registration, filing, qualification or compliance pursuant to Sections 2 and 3 shall be borne by the Company. All Selling Expenses relating to the sale of securities registered by the Holders shall be borne
by the Holders of such securities pro rata on the basis of the number of shares so sold. 
 Section 5. Further
Obligations 
 (a) In connection with any registration of the sale of shares of Registrable Securities under the Securities
Act pursuant to this Agreement, the Company will consult with each Holder whose Registrable Securities is to be included in any such registration concerning the form of underwriting agreement (and shall provide to each such Holder the form of
underwriting agreement prior to the Company’s execution thereof) and shall provide to each such Holder and its representatives such other documents (including correspondence with the Commission with respect to the registration statement and the
related securities offering) as such Holder shall reasonably request in connection with its participation in such registration. The Company will furnish each Registering Stockholder whose Registrable Securities is registered thereunder and each
underwriter, if any, with a copy of the registration statement and all amendments thereto and will supply each such Registering Stockholder and each underwriter, if any, with copies of any prospectus forming a part of such registration statement
(including a preliminary prospectus and all amendments and supplements thereto, the “Prospectus”), in such quantities as may be reasonably requested for the purposes of the proposed sale or distribution covered by such
registration. In the event that the Company prepares and files with the Commission a registration statement on any appropriate form under the Securities Act (a “Registration Statement”) providing for the sale of Registrable
Securities held by any Registering Stockholder pursuant to its obligations under this Agreement, the Company will: 

  
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 (i) prepare and file with the Commission such Registration Statement with respect to such
Registrable Securities and use its commercially reasonable efforts to cause such Registration Statement to become effective and, upon the request of the Holders of a majority of the shares of Registrable Securities registered thereunder, keep such
Registration Statement effective until the participating Holder or Holders have completed the distribution described in such Registration Statement, which may include sales from time to time for an indefinite period of time pursuant to Rule 415
under the Securities Act (or any similar rule that may be adapted by the Commission); 
 (ii) prepare and file with the
Commission such amendments and post-effective amendments to the Registration Statement as may be necessary to keep such Registration Statement effective; cause the related Prospectus to be supplemented by any required Prospectus supplement, and as
so supplemented to be filed pursuant to Rule 424 under the Securities Act; and comply with the provisions of the Securities Act with respect to the disposition of all securities covered by such Registration Statement during the applicable period in
accordance with the intended methods of disposition by the participating Holder or Holders thereof set forth in such Registration Statement or supplement to such Prospectus; 
 (iii) promptly notify the Registering Stockholders and the managing underwriters, if any, (A) when a Prospectus or any Prospectus supplement or post-effective amendment has been filed, and, with
respect to a Registration Statement or any post-effective amendment, when the same has become effective, (B) of any request by the Commission or any state securities commission for amendments or supplements to a Registration Statement or
related Prospectus or for additional information, (C) of the issuance by the Commission or any state securities commission of any stop order suspending the effectiveness of a Registration Statement or the initiation of any proceedings for that
purpose, (D) of the receipt by the Company of any notification with respect to the suspension of the qualification of any of the Registrable Securities for sale in any jurisdiction or the initiation or threatening of any proceeding for such
purpose, and (E) of the existence of any fact which results in a Registration Statement, a Prospectus or any document incorporated therein by reference containing an untrue statement of a material fact or omitting to state a material fact
required to be stated therein or necessary to make the statements therein not misleading; 
 (iv) use commercially reasonable
efforts to promptly obtain the withdrawal of any order suspending the effectiveness of a Registration Statement; 
 (v) if
requested by the managing underwriters or a Registering Stockholder, promptly incorporate in a Prospectus supplement or post-effective amendment such information as the managing underwriters or the Registering Stockholders holding a majority of the
Registrable Securities being sold by Registering Stockholders agree should be included therein relating to the sale of such Registrable Securities, including without limitation information with respect to the amount of Registrable Securities being
sold to such underwriters, the purchase price being paid therefor by such underwriters and with respect to any other terms of the underwritten (or best efforts underwritten) offering of the Registrable Securities to be sold in such offering; and
make all required filings of such Prospectus supplement or post-effective amendment as soon as notified of the matters to be incorporated in such Prospectus supplement or post-effective amendment; 

  
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 (vi) furnish to such Registering Stockholder and each managing underwriter at least one
signed copy of the Registration Statement and any post-effective amendment thereto, including financial statements and schedules, all documents incorporated therein by reference and all exhibits (including those incorporated by reference)
(provided, however, that any such document made available by the Company through EDGAR shall be deemed so furnished); 
 (vii) deliver to such Registering Stockholders and the underwriters, if any, as many copies of the Prospectus (including each preliminary prospectus) and any amendment or supplement thereto as such
persons or entities may reasonably request; 
 (viii) prior to any public offering of Registrable Securities, register or qualify
or cooperate with the Registering Stockholders, the underwriters, if any, and their respective counsel in connection with the registration or qualification of such Registrable Securities for offer and sale under the securities or blue sky laws of
such jurisdictions within the United States as any Registering Stockholder or underwriter reasonably requests in writing and do any and all other acts or things necessary or advisable to enable the disposition in such jurisdictions of the
Registrable Securities covered by the applicable Registration Statement; provided, however, that the Company will not be required to qualify generally to do business in any jurisdiction where it is not then so required to be qualified
or to take any action which would subject it to general service of process or taxation in any such jurisdiction where it is not then so subject; 
 (ix) cooperate with the Registering Stockholders and the managing underwriters, if any, to facilitate the timely preparation and delivery of certificates representing Registrable Securities to be sold
pursuant to such Registration Statement and not bearing any restrictive legends, and enable such Registrable Securities to be in such denominations and registered in such names as the managing underwriters may request at least one (1) Business
Day prior to any sale of Registrable Securities to the underwriters; 
 (x) if any fact described in subparagraph (iii)(E)
above exists, promptly prepare and file with the Commission a supplement or post-effective amendment to the applicable Registration Statement or the related Prospectus or any document incorporated therein by reference or file any other required
document so that, as thereafter delivered to the purchasers of the Registrable Securities being sold thereunder, such Prospectus will not contain an untrue statement of a material fact or omit to state any material fact necessary to make the
statements therein not misleading; 
 (xi) cause all Registrable Securities covered by the Registration Statement to be listed on
each securities exchange or automated quotation system on which similar securities issued by the Company are then listed; 

(xii) provide a CUSIP number for all Registrable Securities included in such Registration Statement, not later than the effective date of
the applicable Registration Statement; 
 (xiii) enter into such agreements (including an underwriting agreement in form
reasonably satisfactory to the Company) and take all such other reasonable actions in connection therewith in order to expedite or facilitate the disposition of such Registrable Securities, including customary participation of management; and

  
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 (xiv) make available for inspection by a representative of the Registering Stockholders
whose Registrable Securities are being sold pursuant to such Registration Statement, any underwriter participating in any disposition pursuant to a Registration Statement, and any attorney or accountant retained by such Registering Stockholders or
underwriter, all financial and other records and any pertinent corporate documents and properties of the Company reasonably requested by such representative, underwriter, attorney or accountant in connection with such Registration Statement;
provided, however, that any records, information or documents that are designated by the Company in writing as confidential shall be kept confidential by such persons or entities unless disclosure of such records, information or
documents is required by court or administrative order. 
 (b) Notwithstanding anything to the contrary in this Agreement, to the
extent the Company is a WKSI, at the time any Registrable Securities are registered pursuant to Section 2 hereof, and the Initiating Holders so request, the Company shall file an Automatic Shelf Registration Statement which covers those shares
of Registrable Securities which are requested to be registered within five (5) Business Days after receipt of such request. If the Company does not pay the filing fee covering the shares of Registrable Securities at the time the Automatic Shelf
Registration Statement is filed, the Company agrees to pay such fee at such time or times as the shares of Registrable Securities are to be sold. If the Automatic Shelf Registration Statement has been outstanding for at least three (3) years,
at the end of the third year the Company shall file a new Automatic Shelf Registration Statement covering the shares of Registrable Securities. If at any time when the Company is required to re-evaluate its WKSI status the Company determines that it
is not a WKSI, the Company shall use its commercially reasonable efforts to file a new Shelf Registration Statement on Form S-3 (or amend the Automatic Shelf Registration Statement to a form that the Company is eligible to use) and keep such
registration statement effective during the period during which such registration statement is required to be kept effective. 

(c) Each Holder agrees that, upon receipt of any notice from the Company of the happening of an event of the kind described in
Section 5(a)(iii)(B) through Section 5(a)(iii)(E), such Holder will immediately discontinue disposition of shares of Registrable Securities pursuant to a Shelf Registration Statement or an Automatic Shelf Registration Statement until such
stop order is vacated or such Holder receives a copy of the supplemented or amended Prospectus. If so directed by the Company, each Holder will deliver to the Company (at the reasonable expense of the Company) all copies in its possession, other
than permanent file copies then in such Holder’s possession, of the Prospectus covering such shares of Registrable Securities at the time of receipt of such notice. 
 Section 6. Further Information Furnished by Holders 
 It shall be a
condition precedent to the obligations of the Company to take any action pursuant to Sections 2 through 5 that the Holders shall furnish to the Company such information regarding themselves, the Registrable Securities held by them, and the intended
method of disposition of such securities as shall be required to effect the registration of the sale of their Registrable Securities. 

  
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 Section 7. Indemnification 

In the event any shares of Registrable Securities are included in a registration statement under Section 2 or 3: 

(a) To the extent permitted by law, the Company will indemnify and hold harmless each Holder, each of the officers, directors, partners
and agents of each Holder, any underwriter (as defined in the Securities Act) for such Holder and each Person, if any, who controls such Holder or underwriter within the meaning of the Securities Act or Exchange Act, against any losses, claims,
damages or liabilities (joint or several) to which they may become subject under the Securities Act, the Exchange Act or other federal or state law, insofar as such losses, claims, damages, or liabilities (or actions in respect thereof) arise out of
or are based upon any of the following statements, omissions or violations (collectively a “Violation”): any untrue statement or alleged untrue statement of a material fact contained in such registration statement, including
any preliminary prospectus or final prospectus contained therein or any amendments or supplements thereto; the omission or alleged omission to state therein a material fact required to be stated therein, or necessary to make the statements therein
not misleading; or any violation or alleged violation by the Company or any officer, director, employee, advisor or affiliate thereof of the Securities Act, the Exchange Act, any state securities law or any rule or regulation promulgated under the
Securities Act, the Exchange Act or any state securities law, and the Company will reimburse each such Holder, officer, director, partner or agent, underwriter or controlling Person for any legal or other expenses reasonably incurred by them in
connection with investigating or defending any such loss, claim, damage, liability, or action; provided, however, that the indemnity agreement contained in this Section 7(a) shall not apply to amounts paid in settlement of any
such loss, claim, damage, liability, or action if such settlement is effected without the consent of the Company (which consent shall not be unreasonably withheld, conditioned, delayed or denied), nor shall the Company be liable in any such case for
any such loss, claim, damage, liability, or action to the extent that it arises out of or is based upon a Violation which occurs in reliance upon and in conformity with written information furnished expressly for use in connection with such
registration by any such Holder or underwriter. 
 (b) To the extent permitted by law, each Holder will, if shares of Registrable
Securities held by such Person are included in the securities as to which such registration, qualification or compliance is being effected, indemnify and hold harmless the Company, each of its directors and officers, each legal counsel and
independent accountant of the Company, each Person, if any, who controls the Company within the meaning of the Securities Act, each underwriter (within the meaning of the Securities Act) of the Company’s securities covered by such a
registration statement, any Person who controls such underwriter, and any other Holder selling securities in such registration statement and each of its directors, officers, partners or agents or any Person who controls such Holder, against any
losses, claims, damages, or liabilities (joint or several) to which the Company or any such underwriter, other Holder, director, officer, partner or agent or controlling Person may become subject under the Securities Act, the Exchange Act or other
federal or state law, insofar as such losses, claims, damages or liabilities (or actions in respect thereto) arise out of or are based upon any Violation, in each case to the extent (and only to the extent) that such Violation occurs in reliance
upon and in conformity with written information furnished by such Holder expressly for use in connection with such registration, and each such Holder will reimburse any legal or other expenses reasonably incurred by the Company or any such
underwriter, other Holder, officer, director, partner or agent or controlling Person in connection with investigating or defending any such loss, claim, 

  
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damage, liability, or action; provided, however, that the indemnity agreement contained in this Section 7(b) shall not apply to amounts paid in settlement of any such loss,
claim, damage, liability or action if such settlement is effected without the consent of such Holder (which consent shall not be unreasonably withheld, conditioned, delayed or denied); and provided, that in no event shall any indemnity under
this Section 7(b) exceed the net proceeds from the offering received by such Holder. 
 (c) Promptly after receipt by an
indemnified party under this Section 7 of notice of the commencement of any action (including any governmental action), such indemnified party will, if a claim in respect thereof is to be made against any indemnifying party under this
Section 7, notify the indemnifying party in writing of the commencement thereof, and the indemnifying party shall have the right to participate in, and, to the extent the indemnifying party so desires, jointly with any other indemnifying party
similarly noticed, to assume the defense thereof with counsel mutually satisfactory to the parties; provided, however, that an indemnified party shall have the right to retain its own counsel, with the fees and expenses to be paid by
the indemnifying party, if the indemnified party shall have been advised by counsel that representation of such indemnified party by the counsel retained by the indemnifying party would be inappropriate due to actual or potential differing interests
between such indemnified party and any other party represented by such counsel in such proceeding. The failure of any indemnified party to notify an indemnifying party within a reasonable time of the commencement of any such action, if prejudicial
to its ability to defend such action, shall relieve such indemnifying party of liability to the indemnified party under this Section 7 only to the extent that such failure to give notice shall materially prejudice the indemnifying party in the
defense of any such claim or any such litigation, but the omission so to notify the indemnifying party will not relieve it of any liability that it may have to any indemnified party otherwise than under this Section 7. 

(d) If the indemnification provided for in this Section 7 is held by a court of competent jurisdiction to be unavailable to an
indemnified party with respect to any losses, claims, damages or liabilities referred to herein, the indemnifying party, in lieu of indemnifying such indemnified party thereunder, shall to the extent permitted by applicable law contribute to the
amount paid or payable by such indemnified party as a result of such loss, claim, damage or liability in such proportion as is appropriate to reflect the relative fault of the indemnifying party on the one hand and of the indemnified party on the
other in connection with the Violation(s) that resulted in such loss, claim, damage or liability, as well as any other relevant equitable considerations. The relative fault of the indemnifying party and of the indemnified party shall be determined
by a court of law by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission to state a material fact relates to information supplied by the indemnifying party or by the indemnified party
and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission; provided, that in no event shall any contribution by a Holder hereunder exceed the net proceeds from the
offering received by such Holder. 
 (e) The obligations of the Company and the Holders under this Section 7 shall survive
completion of any offering of Registrable Securities pursuant to a registration statement. 

  
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 (f) Notwithstanding the foregoing, to the extent that the provisions on indemnification and
contribution contained in the underwriting agreement entered into in connection with any registration provided for under Sections 2 or 3 are in conflict with the foregoing provisions of this Section 7, the provisions in such underwriting
agreement shall control. 
 Section 8. Rule 144 Reporting 

With a view to making available to the Holders the benefits of Rule 144 promulgated under the Securities Act (“Rule
144”) and any other rule or regulation of the Commission that may at any time permit a Holder to sell securities of the Company to the public without registration, the Company agrees to use commercially reasonable efforts to:

 (a) make and keep public information available (as those terms are understood and defined in Rule 144) at all times after the
date hereof; 
 (b) file with the Commission in a timely manner all reports and other documents required of the Company under the
Exchange Act; and 
 (c) furnish to any Holder, forthwith upon request, (i) a written statement by the Company that it has
complied with the reporting requirements of Rule 144, the Securities Act and the Exchange Act (at any time after it has become subject to such reporting requirements), (ii) a copy of the most recent annual or quarterly report of the Company and
such other reports and documents so filed by the Company (provided, however, that any such report or document described in this subsection (iii) made available by the Company through EDGAR shall be deemed so furnished), and
(iv) such other information as may be reasonably requested in availing any Holder of any rule or regulation of the Commission which permits the selling of any such securities without registration or pursuant to such form. 

Section 9. Assignment of Rights 
 The provisions hereof will inure to the benefit of and be binding upon the successors and assigns of each of the parties hereto, except as otherwise provided
herein; provided, however, that the registration rights granted hereby may be transferred only (i) by operation of Law or (ii) to any Person to whom a Holder transfers Registrable
Securities, provided that any such transferee shall not be entitled to rights pursuant to Section 2 or 3 hereof unless such transferee of registration rights hereunder agrees to be bound by the terms and conditions hereof and
executes and delivers to the Company an acknowledgment and agreement to such effect. 
 Section 10. Amendment of
Registration Rights 
 Any provision of this Agreement may be amended and the observance thereof may be
waived (either generally or in a particular instance and either retroactively or prospectively) only with the written consent of the Company and the Holders of at least sixty-six and two-thirds percent (66 2/3%) of the Registrable Securities or securities convertible into Registrable Securities. Any amendment or waiver effected in accordance with this Section 10 shall be binding upon each Holder and
the Company. 

  
 12 

 Section 11. Expiration, Termination and Delay of Registration 

(a) The Company shall have no further obligations pursuant to this Agreement at such time as no shares of Registrable Securities are
outstanding after their original issuance; provided, that the Company’s obligations under Sections 7 and 14 (and any related definitions) shall remain in full force and effect following such time. 

(b) No Holder shall have any right to obtain or seek an injunction restraining or otherwise delaying any such registration as the result
of any controversy that might arise with respect to the interpretation or implementation of this Agreement. 
 Section 12.
Limitations on Subsequent Registration Rights 
 From and after the date hereof, the Company may, without the prior
written consent of the Holders, enter into any agreement with any holder or prospective holder of any securities of the Company which provides such holder or prospective holder of securities of the Company registration rights that conflict with
those granted to the Holders hereby. 
 Section 13. “Market Stand-off” Agreement 

In connection with any Underwritten Offering pursuant to this Registration Rights Agreement, each Holder hereby agrees that it will not,
to the extent requested by the Company and an underwriter of securities of the Company, sell or otherwise transfer or dispose of any Registrable Securities, except securities included in such registration, during the period beginning fourteen
(14) days prior to the expected date of “pricing” of such offering and continuing for a period not to exceed one hundred eighty (180) days with respect to the initial public offering or ninety (90) days with respect to any
offering subsequent to the initial public offering beginning on the date of such final prospectus (or prospectus supplement if the offering is made pursuant to a Shelf Registration Statement), and it will enter into agreements with the managing
underwriters, if any, in connection with any such sale to give effect to the foregoing; provided, however, that all other Persons with registration rights (whether or not pursuant to this Agreement) enter into similar agreements. In
order to enforce the foregoing covenant, the Company may impose stop-transfer instructions with respect to the Registrable Securities of each Holder (and the shares or securities of every other Person subject to the foregoing restriction) until the
end of such one hundred eighty (180)-day or ninety (90)-day period. 
 Section 14. Miscellaneous 

(a) Notices. All notices and other communications provided for or permitted hereunder shall be in writing and shall be deemed to
have been duly given and received when delivered by overnight courier or hand delivery, when sent by telecopy, or five (5) days after mailing if sent by registered or certified mail (return receipt requested) postage prepaid, to the Parties at
the following addresses (or at such other address for any Party as shall be specified by like notices, provided that notices of a change of address shall be effective only upon receipt thereof). 

  
 13 

 If to the Company, at: 

10260 Westheimer Rd., Suite 700 
 Houston, Texas 77042 
 Attention: General Counsel 

If to any Holder of Registrable Securities, to such Person’s address as set forth on the records of the Company. 

(b) Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, but all
of which together shall constitute one and the same instrument. 
 (c) Headings. The section and paragraph headings
contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. 
 (d) Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF TEXAS, EXCLUDING ANY CONFLICT-OF-LAWS RULE OR PRINCIPLE THAT MIGHT REFER
THE GOVERNANCE OR THE CONSTRUCTION OF THIS AGREEMENT TO THE LAW OF ANOTHER JURISDICTION. 
 (e) Severability. If any
term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction to be invalid, illegal, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions set forth herein shall remain
in full force and effect and shall in no way be affected, impaired or invalidated, and the Parties hereto shall use their best efforts to find and employ an alternative means to achieve the same or substantially the same result as that contemplated
by such term, provision, covenant or restriction. It is hereby stipulated and declared to be the intention of the Parties that they would have executed the remaining terms, provisions, covenants and restrictions without including any of such that
may be hereafter declared invalid, illegal, void or unenforceable. 
 (f) Entire Agreement. This Agreement is intended by
the Parties as a final expression of their agreement, and is intended to be a complete and exclusive statement of the agreement and understanding of the parties hereto in respect of the subject matter contained herein. There are no restrictions,
promises, warranties or undertakings, other than those set forth or referred to herein, with respect to the registration rights granted by the Company with respect to Registrable Securities. This Agreement supersedes all prior written or oral
agreements and understandings between the Parties with respect to such subject matter. 
 (g) Securities Held by the Company
or its Subsidiaries. Whenever the consent or approval of Holders of a specified percentage of Registrable Securities is required hereunder, Registrable Securities held by the Company or its subsidiaries shall not be counted in determining
whether such consent or approval was given by the Holders of such required percentage. 
 (h) Termination. This Agreement
shall terminate when no shares of Registrable Securities remain outstanding; provided that Sections 4 and 7 shall survive any termination hereof. 

  
 14 

 (i) Specific Performance. The parties hereto recognize and agree that money damages
may be insufficient to compensate the Holders of any Registrable Securities for breaches by the Company of the terms hereof and, consequently, that the equitable remedy of specific performance of the terms hereof will be available in the event of
any such breach. 
 [Signature pages follow] 

  
 15 

 IN WITNESS WHEREOF, the parties hereto have caused this Registration Rights Agreement to be
duly executed as of the date first above written. 
  

	
	FRANK’S INTERNATIONAL N.V.
	
	 By:
                                        
                                         
         

	 Name: Donald Keith Mosing

	 Title: Managing director

	
	MOSING HOLDINGS, INC.
	
	
By:                           
                                         
                       

	 Name:

	 Title:

	
	FWW B.V.
	
	 By:
                                        
                                         
         

	 Name: Donald Keith Mosing

	 Title: Managing Director A

	
	 By:
                                        
                                         
         

	 Name: Intertrust (Netherlands) B.V.

	 Title: Managing Director B

	
	
By:                           
                                         
                       

	 Name:

	 Title: Proxy Holder

	
	
By:                           
                                         
                       

	 Name:

	 Title: Proxy Holder

 Signature Page to Registration Rights AgreementEX-10.10

 Exhibit 10.10 
 FORM OF 
 TAX RECEIVABLE AGREEMENT 

among 

FRANK’S INTERNATIONAL N.V., 
 FRANK’S INTERNATIONAL CV, 
 [AGENT], 

and 

MOSING HOLDINGS, INC. 
 DATED AS OF [•] 2013 

 TAX RECEIVABLE AGREEMENT 

This TAX RECEIVABLE AGREEMENT (this “Agreement”), dated as of [•], 2013, is hereby entered into by and among
Frank’s International N.V., a Dutch public company with limited liability (naamloze vennootschap) incorporated in the Netherlands (the “FINV”), Frank’s International CV, a Dutch limited liability partnership
(commanditaire vennootschap) organized under the laws of the Netherlands (“FICV”), [Agent], and Mosing Holdings, Inc., a [Delaware] corporation (“Mosing Holdings”). 

RECITALS 

WHEREAS, Mosing Holdings owns Series A preferred stock of FINV (the “Series A Preferred Stock”) and limited partner
interests in FICV, which is classified as a partnership for U.S. federal income Tax purposes; 
 WHEREAS, FINV indirectly owns
the general partner of FICV and limited partner interests in FICV; 
 WHEREAS, for purposes of any transfer or exchange of
Series A Preferred Stock and limited partner interests in FICV, the FINV Articles of Association (as defined below) and the FICV Partnership Agreement (as defined below) contain provisions linking each share of Series A Preferred Stock to a
proportionate portion of the limited partner interest in FICV held by Mosing Holdings or its permitted transferee, which portion at any time will equal the total limited partner interest in FICV that is held by Mosing Holdings or its permitted
transferee [(expressed as a percentage of the total limited partner interests in FICV)] divided by the total number of issued and outstanding shares of Series A Preferred Stock (each such portion being referred to as an “FICV
Portion”); 
 WHEREAS, Mosing Holdings will have the right to convert one or more shares of Series A Preferred Stock
and an equal number of FICV Portions pursuant to the FINV Articles of Incorporation into shares of Class A common stock of FINV, par value $[•] per share (“Common Shares”) (each such conversion, an
“Exchange,” and each such date on which an Exchange occurs, an “Exchange Date”); 
 WHEREAS,
as a result of each Exchange, the Corporate Taxpayer (as defined below) is expected to incur lower Tax (as defined below) liabilities on an ongoing basis with respect to the operations of FICV; 

WHEREAS, FICV and each of its direct and indirect subsidiaries treated as a partnership for U.S. federal income Tax purposes have and
will have in effect an election under Section 754 of the Internal Revenue Code of 1986, as amended (the “Code”), for each Taxable Year (as defined below) in which an Exchange occurs, which election is expected to result in an
adjustment to the Tax basis of the assets owned by FICV and such subsidiaries, solely with respect to Corporate Taxpayer; 

 WHEREAS, this Agreement is intended to set forth the agreements among the parties regarding
the sharing of the Tax benefits realized by the Corporate Taxpayer as a result of any Exchange; 
 NOW, THEREFORE, in
consideration of the foregoing and the respective covenants and agreements set forth herein, and intending to be legally bound hereby, the parties hereto agree as follows: 
 ARTICLE I 
 DEFINITIONS 

Section 1.1 Definitions. As used in this Agreement, the terms set forth in this Article I shall have the following meanings
(such meanings to be equally applicable to both the singular and plural forms of the terms defined). 
 “Accrued
Amount” is defined in Section 3.1(b) of this Agreement. 
 “Affiliate” means, with respect to any
Person, any other Person that directly or indirectly, through one or more intermediaries, Controls, is Controlled by, or is under common Control with, such first Person. 
 “Agent” means [•]. 

“Agreed Rate” means LIBOR plus [100] basis points. 

“Agreement” is defined in the Recitals of this Agreement. 

“Amended Schedule” is defined in Section 2.3(b) of this Agreement. 

A “Beneficial Owner” of a security is a Person who directly or indirectly, through any contract, arrangement,
understanding, relationship or otherwise, has or shares: (i) voting power, which includes the power to vote, or to direct the voting of, such security and/or (ii) investment power, which includes the power to dispose of, or to direct the
disposition of, such security. The terms “Beneficially Own” and “Beneficial Ownership” shall have correlative meanings. 
 “Board” means the Board of Directors of FINV. 
 “Business
Day” means Monday through Friday of each week, except that a legal holiday recognized as such by the government of the United States of America or the State of New York shall not be regarded as a Business Day. 

“Change of Control” means the occurrence of any of the following events: 

 

	 	(i)	[any Person or any group of Persons acting together [which would constitute a “group” for purposes of Section 13(d) of the Securities and
Exchange Act of 1934, or any successor provisions thereto, excluding a group of Persons which includes one or 

  
 2 

 
more Affiliates of Mosing Holdings and one or more Affiliates of [Ginsoma Family C.V.],] is or becomes the Beneficial Owner, directly or indirectly, of securities of FINV
representing more than 50% of the combined voting power of FINV’s then outstanding voting securities; or 
  

	 	(ii)	the following individuals cease for any reason to constitute a majority of the number of directors of FINV then serving: individuals who, on the IPO Date, constitute
the Board and any new director whose appointment or election by the Board or nomination for election by FINV’s shareholders was approved or recommended by a vote of at least two-thirds (2/3) of the directors then still in office who either
were directors on the IPO Date or whose appointment, election or nomination for election was previously so approved or recommended by the directors referred to in this clause (ii); or 

 

	 	(iii)	there is consummated a merger or consolidation of FINV with any other corporation or other entity, and, immediately after the consummation of such merger or
consolidation, either (x) the Board immediately prior to the merger or consolidation does not constitute at least a majority of the board of directors of the company surviving the merger or, if the surviving company is a Subsidiary, the
ultimate parent thereof, or (y) the voting securities of FINV immediately prior to such merger or consolidation do not continue to represent or are not converted into more than 50% of the combined voting power of the then outstanding voting
securities of the Person resulting from such merger or consolidation or, if the surviving company is a Subsidiary, the ultimate parent thereof; or 

  

	 	(iv)	the shareholders of FINV approve a plan of complete liquidation or dissolution of FINV or there is consummated an agreement or series of related agreements for the sale
or other disposition, directly or indirectly, by FINV of all or substantially all of FINV’s assets, other than such sale or other disposition by FINV of all or substantially all of FINV’s assets to an entity, at least 50% of the combined
voting power of the voting securities of which are owned by shareholders of FINV in substantially the same proportions as their ownership of FINV immediately prior to such sale. 

Notwithstanding the foregoing, except with respect to clause (ii) and clause (iii)(x) above, a “Change of Control”
shall not be deemed to have occurred by virtue of the consummation of any transaction or series of integrated transactions immediately following which the record holders of the shares of FINV immediately prior to such transaction or series of
transactions continue to have substantially the same proportionate ownership in, and own substantially all of the shares of, an entity which owns all or substantially all of the assets of FINV immediately following such transaction or series of
transactions.] 
 “Common Shares” is defined in the Recitals of this Agreement. 

“Code” is defined in the Recitals of this Agreement. 

  
 3 

 “Control” means the possession, direct or indirect, of the power to direct
or cause the direction of the management and policies of a Person, whether through ownership of voting securities, by contract or otherwise. 
 “Corporate Taxpayer” means FINV and any of its Subsidiaries (other than FICV and its Subsidiaries). 
 “Corporate Taxpayer Return” means any Tax Return of the Corporate Taxpayer relating to a Tax imposed by the United States or any subdivision thereof. 

“Cumulative Net Realized Tax Benefit” for a Taxable Year means the cumulative amount of Realized Tax Benefits for all
Taxable Years of the Corporate Taxpayer, up to and including such Taxable Year, net of the cumulative amount of Realized Tax Detriments for the same period. The Realized Tax Benefit and Realized Tax Detriment for each Taxable Year shall be
determined based on the most recent Tax Benefit Schedule or Amended Schedule, if any, in existence at the time of such determination. 
 “Default Rate” means LIBOR plus [500] basis points. 

“Determination” shall have the meaning ascribed to such term in Section 1313(a) of the Code or similar provision of
U.S. state or local Tax law, as applicable, or any other event (including the execution of IRS Form 870-AD) that finally and conclusively establishes the amount of any liability for Tax. 

“Dispute” has the meaning set forth in Section 7.8(a) of this Agreement. 

“Early Termination Date” means the date of an Early Termination Notice for purposes of determining the Early Termination
Payment. 
 “Early Termination Effective Date” is defined in Section 4.2 of this Agreement. 

“Early Termination Notice” is defined in Section 4.2 of this Agreement. 

“Early Termination Payment” is defined in Section 4.3(b) of this Agreement. 

“Early Termination Rate” means the long-term Treasury rate in effect on the applicable date plus [300]
basis points. 
 “Early Termination Schedule” is defined in Section 4.2 of this Agreement. 

“Exchange” is defined in the Recitals of this Agreement. 

“Exchange Basis Adjustment” means the adjustment to the Tax basis of a Reference Asset as a result of an Exchange, as
calculated under Section 2.1 of this Agreement, under Section 732(b) of the Code (in situations where, as a result of one or more Exchanges, FICV becomes an entity that is disregarded as separate from its owner for Tax purposes) or under
Sections 743(b) and 754 of the Code (including in situations where, following an Exchange, FICV remains in existence as an entity for Tax purposes) and, in each case, comparable sections of U.S. state or local Tax laws. Notwithstanding any other
provision of this Agreement, the amount of any Exchange Basis Adjustment resulting from an Exchange of one or more FICV Portions shall be determined without regard to any Pre-Exchange Transfer of such FICV Portions and as if any such Pre-Exchange
Transfer had not occurred. 

  
 4 

 “Exchange Basis Schedule” is defined in Section 2.1 of this Agreement.

 “Exchange Date” is defined in the Recitals of this Agreement. 

“Exchange Tax Basis” means, with respect to any Reference Asset at any time, the Tax basis that such asset would have
had at such time if no Exchange Basis Adjustments had been made. 
 “Expert” is defined in Section 7.9 of
this Agreement. 
 “FICV” is defined in the Recitals of this Agreement. 

“FICV Partnership Agreement” means the [Partnership Agreement] of FICV. 

“FICV Portion” is defined in the Recitals of this Agreement. 

“FINV Articles of Association” means the [Articles of Association] of FINV. 

“FINV” is defined in the Recitals of this Agreement. 

“Hypothetical Tax Liability” means, with respect to any Taxable Year, the liability for Taxes of (i) the Corporate
Taxpayer and (ii) without duplication, FICV, but only with respect to Taxes imposed on FICV and allocable to the Corporate Taxpayer, in each case using the same methods, elections, conventions and similar practices used on the relevant
Corporate Taxpayer Return, but (i) using the Exchange Tax Basis as reflected on the Exchange Basis Schedule including amendments thereto for the Taxable Year and (ii) excluding any deduction attributable to Imputed Interest for the Taxable
Year. For the avoidance of doubt, Hypothetical Tax Liability shall be determined without taking into account the carryover or carryback of any Tax item (or portions thereof) that is attributable to the Exchange Basis Adjustment or Imputed Interest.

 “Imputed Interest” shall mean any interest imputed under Section 1272, 1274 or 483 or other provision
of the Code and any similar provision of U.S. state or local Tax law with respect to FINV’s payment obligations under this Agreement. 
 “IPO” means the initial public offering of Common Shares by FINV. 

“IPO Date” means the closing date of the IPO. 
 “IRS” means the U.S. Internal Revenue Service. 

“LIBOR” means during any period, an interest rate per annum equal to the one-year LIBOR reported, on the date two days
prior to the first day of such period, on the Telerate Page 3750 (or if such screen shall cease to be publicly available, as reported on Reuters Screen page “LIBOR01” or by any other publicly available source of such market rate) for
London interbank offered rates for United States dollar deposits for such period. 

  
 5 

 “Market Value” shall mean the closing price of the Common Shares on the
applicable Exchange Date on the national securities exchange or interdealer quotation system on which such Common Shares are then traded or listed, as reported by the Wall Street Journal; provided, that if the closing price is not reported by
the Wall Street Journal for the applicable Exchange Date, then the Market Value shall mean the closing price of the Common Shares on the Business Day immediately preceding such Exchange Date on the national securities exchange or interdealer
quotation system on which such Common Shares are then traded or listed, as reported by the Wall Street Journal; provided, further, that if the Common Shares are not then listed on a national securities exchange or interdealer quotation system,
“Market Value” shall mean the cash consideration paid for Common Shares, or the fair market value of the other property delivered for Common Shares, as determined by the Board in good faith. 

“Material Objection Notice” has the meaning set forth in Section 4.2 of this Agreement. 

“Mosing Holdings” is defined in the Recitals of this Agreement. 

“Net Tax Benefit” is defined in Section 3.1(b) of this Agreement. 

“Objection Notice” has the meaning set forth in Section 2.3(a) of this Agreement. 

“Opt Out Notice” is defined in Section 3.4(a) of this Agreement. 

“Payment Date” means any date on which a payment is required to be made pursuant to this Agreement. 

“Person” means any individual, corporation, firm, partnership, joint venture, limited liability company, estate, trust,
business association, organization, governmental entity or other entity. 
 “Pre-Exchange Transfer” means any
transfer or distribution in respect of FICV Portions (i) that occurs prior to an Exchange of such FICV Portions, and (ii) to which Section 743(b) of the Code applies. 

“Qualified Tax Advisor” means Vinson & Elkins L.L.P., Ernst & Young LLP, or any other law or
accounting firm that is nationally recognized as being expert in Tax matters and that is reasonably acceptable to FINV. 

“Realized Tax Benefit” means, for a Taxable Year, the excess, if any, of the Hypothetical Tax Liability over the actual
liability for Taxes of (i) the Corporate Taxpayer and (ii) without duplication, FICV, but only with respect to Taxes imposed on FICV and allocable to the Corporate Taxpayer for such Taxable Year. If all or a portion of the actual liability
for such Taxes for the Taxable Year arises as a result of an audit by a Taxing Authority of any Taxable Year, such liability shall not be included in determining the Realized Tax Benefit unless and until there has been a Determination. 

“Realized Tax Detriment” means, for a Taxable Year, the excess, if any, of the actual liability for Taxes of
(i) the Corporate Taxpayer and (ii) without duplication, FICV, but only with respect to Taxes imposed on FICV and allocable to the Corporate Taxpayer for such Taxable Year, over the Hypothetical Tax Liability for such Taxable Year. If all
or a portion of the actual liability for such Taxes for the Taxable Year arises as a result of an audit by a Taxing Authority of any Taxable Year, such liability shall not be included in determining the Realized Tax Detriment unless and until there
has been a Determination. 

  
 6 

 “Reconciliation Dispute” has the meaning set forth in Section 7.9 of
this Agreement. 
 “Reconciliation Procedures” has the meaning set forth in Section 2.3(a) of this
Agreement. 
 “Reference Asset” means an asset that is held by FICV, or by any of its direct or indirect
subsidiaries treated as a partnership or disregarded entity for purposes of the applicable Tax, at the time of an Exchange. A Reference Asset also includes any asset that is “substituted basis property” under Section 7701(a)(42) of
the Code with respect to a Reference Asset. 
 “Schedule” means any of the following: (i) an Exchange
Basis Schedule, (ii) a Tax Benefit Schedule, or (iii) the Early Termination Schedule. 
 “Senior
Obligations” is defined in Section 5.1 of this Agreement. 
 “Subsidiaries” means, with respect
to any Person, as of any date of determination, any other Person as to which such Person, owns, directly or indirectly, or otherwise controls more than 50% of the voting power or other similar interests or the sole general partner interest or
managing member or similar interest of such Person. 
 “Tax Benefit Payment” is defined in Section 3.1(b)
of this Agreement. 
 “Tax Benefit Schedule” is defined in Section 2.2 of this Agreement. 

“Tax Return” means any return, declaration, report or similar statement required to be filed with respect to Taxes
(including any attached schedules), including, without limitation, any information return, claim for refund, amended return and declaration of estimated Tax. 
 “Taxable Year” means a taxable year of the Corporate Taxpayer as defined in Section 441(b) of the Code or comparable section of U.S. state or local Tax law, as applicable (and,
therefore, for the avoidance of doubt, may include a period of less than 12 months for which a Tax Return is made), ending on or after the IPO Date. 
 “Taxes” means any and all taxes, assessments or similar charges imposed by the United States or any subdivision thereof that are based on or measured with respect to net income or
profits, and any interest related to such Tax. 
 “Taxing Authority” shall mean any federal, national, state,
county or municipal or other local government, any subdivision, agency, commission or authority thereof, or any quasi-governmental body exercising any taxing authority or any other authority exercising Tax regulatory authority. 

“TRA Holder” means Mosing Holdings and its successors and assigns pursuant to Section 7.6(a). 

  
 7 

 “Treasury Regulations” means the final, temporary and proposed regulations
under the Code promulgated from time to time (including corresponding provisions and succeeding provisions) as in effect for the relevant Taxable Year. 
 “Valuation Assumptions” shall mean, as of an Early Termination Date, the assumptions that (1) in each Taxable Year ending on or after such Early Termination Date, the
Corporate Taxpayer will have taxable income sufficient to fully utilize the deductions arising from the Exchange Basis Adjustments and the Imputed Interest during such Taxable Year or future Taxable Years (including, for the avoidance of doubt,
Exchange Basis Adjustments and Imputed Interest that would result from future Tax Benefit Payments that would be paid in accordance with the Valuation Assumptions) in which such deductions would become available, (2) the U.S. federal income tax
rates and state and local income tax rates that will be in effect for each such Taxable Year will be those specified for each such Taxable Year by the Code and other law as in effect on the Early Termination Date, (3) any loss carryovers
generated by any Exchange Basis Adjustment or Imputed Interest and available as of the date of the Early Termination Schedule will be utilized by the Corporate Taxpayer on a pro rata basis from the date of the Early Termination Schedule through the
scheduled expiration date of such loss carryovers, (4) any non-amortizable assets will be disposed of on the fifteenth anniversary of the applicable Basis Adjustment, and (5) if, at the Early Termination Date, there are FICV Portions that
have not been Exchanged, then each such FICV Portions shall be deemed to be Exchanged for the Market Value of the Common Shares and the amount of cash that would be transferred if the Exchange occurred on the Early Termination Date. 

 Section 1.2 Other Definitional and Interpretative Provisions. The words “hereof,”
“herein” and “hereunder” and words of like import used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement. References to Articles, Sections, Exhibits and Schedules are
to Articles, Sections, Exhibits and Schedules of this Agreement unless otherwise specified. All Exhibits and Schedules annexed hereto or referred to herein are hereby incorporated in and made a part of this Agreement as if set forth in full herein.
Any capitalized terms used in any Exhibit or Schedule but not otherwise defined therein, shall have the meaning as defined in this Agreement. Any singular term in this Agreement shall be deemed to include the plural, and any plural term the
singular. Whenever the words “include,” “includes” or “including” are used in this Agreement, they shall be deemed to be followed by the words “without limitation,” whether or not they are in fact followed by
those words or words of like import. “Writing,” “written” and comparable terms refer to printing, typing and other means of reproducing words (including electronic media) in a visible form. References to any agreement or contract
are to that agreement or contract as amended, modified or supplemented from time to time in accordance with the terms thereof. References to any Person include the successors and permitted assigns of that Person. References from or through any date
mean, unless otherwise specified, from and including or through and including, respectively. 

  
 8 

 ARTICLE II 
 DETERMINATION OF CERTAIN REALIZED TAX BENEFIT 
 Section 2.1
Basis Adjustment Schedule. Within 90 calendar days after the filing of the U.S. federal income Tax Return of the Corporate Taxpayer for each Taxable Year in which any Exchange has been effected, FINV shall deliver to Agent a schedule (the
“Exchange Basis Schedule”) that shows, in reasonable detail necessary to perform the calculations required by this Agreement, including (i) the Exchange Tax Basis of the Reference Assets as of each applicable Exchange Date,
(ii) the Exchange Basis Adjustments with respect to the Reference Assets as a result of the Exchanges effected in such Taxable Year, calculated in the aggregate, (iii) the period (or periods) over which the Reference Assets are amortizable
and/or depreciable and (iv) the period (or periods) over which each Exchange Basis Adjustment is amortizable and/or depreciable. For the avoidance of doubt, payments made under this Agreement shall not be treated as resulting in an Exchange
Basis Adjustment to the extent such payments are treated as Imputed Interest. 
 Section 2.2 Tax Benefit Schedule.
Within 60 calendar days after the filing of the U.S. federal income Tax Return of the Corporate Taxpayer for any Taxable Year in which there is a Realized Tax Benefit or Realized Tax Detriment, FINV shall provide to Agent a schedule showing, in
reasonable detail, the calculation of the Realized Tax Benefit or Realized Tax Detriment for such Taxable Year (a “Tax Benefit Schedule”). The Tax Benefit Schedule will become final as provided in Section 2.3(a) and may be
amended as provided in Section 2.3(b) (subject to the procedures set forth in Section 2.3(b)). Without limiting the application of Section 2.3(a), each time FINV delivers to Agent a Tax Benefit Schedule, in addition to the Tax Benefit
Schedule duly completed, FINV shall deliver to Agent the Corporate Taxpayer Return, the reasonably detailed calculation by FINV of the Hypothetical Tax Liability, the reasonably detailed calculation by FINV of the actual Tax liability, as well as
any other work papers as determined by FINV or requested by Agent. 
 Section 2.3 Procedure; Amendments. 

(a) Procedure. Every time FINV delivers to Agent an applicable Schedule under this Agreement, including any Amended Schedule
delivered pursuant to (b), but excluding any Early Termination Schedule or amended Early Termination Schedule, FINV shall also (x) deliver to Agent schedules and work papers, as determined by FINV or requested by Agent, providing reasonable
detail regarding the preparation of the Schedule and (y) allow Agent reasonable access at no cost to the appropriate representatives at the Corporate Taxpayer, as determined by FINV or requested by Agent, in connection with a review of such
Schedule. An applicable Schedule or amendment thereto shall become final and binding on all parties 30 calendar days from the first date on which Agent has received the applicable Schedule or amendment thereto unless Agent (i) within 30
calendar days after receiving an applicable Schedule or amendment thereto, provides FINV with notice of a material objection to such Schedule (“Objection Notice”) made in good faith or (ii) provides a written waiver of such
right of any Objection Notice within the period described in clause (i) above, in which case such Schedule or amendment thereto becomes binding on the date the waiver is received by FINV. If the parties, for any reason, are unable to
successfully resolve the issues raised in an Objection Notice within 30 calendar days after receipt by FINV of such Objection Notice, FINV and Agent shall employ the reconciliation procedures described in Section 7.9 of this Agreement (the
“Reconciliation Procedures”). 

  
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 (b) Amended Schedule. The applicable Schedule for any Taxable Year may be amended
from time to time by FINV (i) in connection with a Determination affecting such Schedule, (ii) to correct material inaccuracies in the Schedule identified as a result of the receipt of additional factual information relating to a Taxable
Year after the date the Schedule was provided to Agent, (iii) to comply with the Expert’s determination under the Reconciliation Procedures, (iv) to reflect a material change in the Realized Tax Benefit or Realized Tax Detriment for
such Taxable Year attributable to a carryback or carryforward of a loss or other Tax item to such Taxable Year, (v) to reflect a material change in the Realized Tax Benefit or Realized Tax Detriment for such Taxable Year attributable to an
amended Tax Return filed for such Taxable Year or (vi) to adjust an Exchange Basis Schedule to take into account payments made pursuant to this Agreement (any such Schedule, an “Amended Schedule”). 

ARTICLE III 

TAX BENEFIT PAYMENTS 
 Section 3.1 Payments. 
 (a) Payments. Within five (5) calendar
days after a Tax Benefit Schedule delivered to Agent becomes final in accordance with Section 2.3(a), FINV shall pay to each TRA Holder its proportionate share of the Tax Benefit Payment determined pursuant to Section 3.1(b) for such
Taxable Year. Each such payment shall be made by wire transfer of immediately available funds to the bank account previously designated by the TRA Holder to FINV or as otherwise agreed by FINV and the TRA Holder. For the avoidance of doubt, no Tax
Benefit Payment shall be made in respect of estimated Tax payments, including, without limitation, U.S. federal estimated income Tax payments. 
 (b) A “Tax Benefit Payment” means the sum of the Net Tax Benefit and the Accrued Amount. Subject to Section 3.3, the “Net Tax Benefit” for a Taxable Year shall be an
amount equal to the excess, if any, of 85% of the Cumulative Net Realized Tax Benefit as of the end of such Taxable Year over the total amount of payments previously made under this Section 3.1 (excluding payments attributable to Accrued
Amounts); provided, for the avoidance of doubt, that a TRA Holder shall not be required to return any portion of any previously made Tax Benefit Payment. The “Accrued Amount” shall equal the interest on the Net Tax Benefit
calculated at the Agreed Rate from the due date (without extensions) for filing the Corporate Taxpayer Return with respect to Taxes for such Taxable Year until the Payment Date. For the avoidance of doubt, for Tax purposes, the Accrued Amount shall
not be treated as interest but shall instead be treated as additional consideration for the acquisition of FICV Portions in an Exchange unless otherwise required by law. 
 Section 3.2 No Duplicative Payments. It is intended that the provisions of this Agreement will not result in duplicative payment of any amount (including interest) required under this
Agreement. It is also intended that the provisions of this Agreement will result in 85% of the Cumulative Net Realized Tax Benefit, and the Accrued Amount thereon, being paid to the TRA Holders pursuant to this Agreement. The provisions of this
Agreement shall be construed in the appropriate manner to achieve these fundamental results. 
 Section 3.3
Proportionate Share and Pro Rata Payments. 
 (a) Proportionate Share. For purposes of this Agreement, a TRA
Holder’s “proportionate share” for any Taxable Year equals (i) the deductions available for use in such Taxable Year associated with the Tax Assets attributable to such TRA Holder, divided by (ii) the deductions associated
with all Tax Assets that are available for use in such Taxable Year. 

  
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 (b) Pro Rata Payments. If FINV lacks sufficient funds to satisfy or is prevented
under any credit agreement or other arrangement from satisfying its obligations to make all Tax Benefit Payments due in a particular Taxable Year, each TRA Holder shall receive its proportionate share of the total funds available in the Taxable Year
to make the Tax Benefit Payments. 
 Section 3.4 Opt Out. 

(a) Notwithstanding Section 3.1, prior to an Exchange, a TRA Holder may elect not to receive any payments under this Agreement with
respect to such Exchange, by delivering written notice evidencing such election (an “Opt Out Notice”) to FINV at least three Business Days prior to the Exchange Date of the relevant Exchange. An Opt Out Notice, when delivered, shall
be irrevocable. 
 (b) This Agreement shall not apply to any Exchange which is covered by an Opt Out Notice delivered pursuant to
Section 3.4(a), and all computations hereunder, including the computation of any Tax Benefit Payments and determination of any amounts attributable to a TRA Holder, shall be made without taking into account Exchanges covered by such Opt Out
Notice. For the avoidance of doubt, a TRA Holder who makes an election pursuant to Section 3.4(a) shall remain entitled to payments under this Agreement with respect to any Exchanges for which no election has been made pursuant to
Section 3.4(a). 
 ARTICLE IV 
 TERMINATION 
 Section 4.1 Early Termination and Breach of
Agreement. 
 (a) FINV may terminate this Agreement at any time by paying to each TRA Holder its proportionate share of the
Early Termination Payment. Upon payment of the Early Termination Payment by FINV, FINV shall not have any further payment obligations under this Agreement, other than for any (a) Tax Benefit Payment agreed to by FINV acting in good faith and
any TRA Holder as due and payable but unpaid as of the Early Termination Notice and (b) Tax Benefit Payment due for the Taxable Year ending with or including the date of the Early Termination Notice (except to the extent that the amount
described in clause (b) is included in the Early Termination Payment). Upon payment of all amounts provided for in this Section 4.1(a), this Agreement shall terminate. 

(b) In the event that FINV breaches any of its material obligations under this Agreement, whether as a result of failure to make any
payment when due, failure to honor any other material obligation required hereunder or by operation of law as a result of the rejection of this Agreement in a case commenced under the Bankruptcy Code or otherwise, then all obligations hereunder
shall be accelerated and such obligations shall be calculated as if an Early Termination Notice had been delivered on the date of such breach and shall include, but shall not be limited to, (1) the Early Termination Payment calculated as if an
Early Termination Notice had been delivered on the date of a breach, (2) any Tax Benefit Payment agreed to by FINV acting in good faith and any TRA Holder as due and payable but unpaid as of the date of a

  
 11 

 
breach, and (3) any Tax Benefit Payment due for the Taxable Year ending with or including the date of a breach. Notwithstanding the foregoing, in the event that FINV breaches this Agreement,
the TRA Holders shall be entitled to elect to receive the amounts set forth in clauses (1), (2) and (3) above or to seek specific performance of the terms hereof. The parties agree that the failure to make any payment due pursuant to this
Agreement within three months of the date such payment is due shall be deemed to be a breach of a material obligation under this Agreement for all purposes of this Agreement, and that it shall not be considered to be a breach of a material
obligation under this Agreement to make a payment due pursuant to this Agreement within three months of the date such payment is due. Notwithstanding anything in this Agreement to the contrary, it shall not be a breach of this Agreement if FINV
fails to make any Tax Benefit Payment when due to the extent that FINV has insufficient funds to make such payment; provided that the interest provisions of Section 5.2 shall apply to such late payment (unless FINV does not have
sufficient cash to make such payment as a result of limitations imposed by existing credit agreements to which FICV or any Subsidiary of FICV is a party, in which case Section 5.2 shall apply, but the Default Rate shall be replaced by the
Agreed Rate); provided further that it shall be a breach of this Agreement, and the provisions in the first two sentences of this Section 4.1(b) shall apply as of the original due date of the Tax Benefit Payment, if FINV makes any
distribution of cash or other property to its shareholders while any Tax Benefit Payment is due and payable but unpaid. 
 (c)
FINV and each TRA Holder hereby acknowledges that, as of the date of this Agreement, the aggregate value of the Tax Benefit Payments cannot reasonably be ascertained for U.S. federal income Tax or other applicable Tax purposes. 

(d) In the event of a Change of Control, all obligations hereunder shall be accelerated and such obligations shall be calculated pursuant
to this Article IV as if an Early Termination Notice had been delivered on the closing date of the Change of Control and shall include, but not be limited to, (1) the Early Termination Payment calculated as if an Early Termination Notice had
been delivered on the effective date of a Change of Control, (2) any Tax Benefit Payment in respect of a Member agreed to by the Corporation and such Members as due and payable but unpaid as of the Early Termination Notice and (3) any Tax
Benefit Payment due for any Taxable Year ending prior to, with or including the effective date of a Change of Control. In the event of a Change of Control, the Early Termination Payment shall be calculated utilizing the Valuation Assumptions and by
substituting in each case the terms “the closing date of a Change of Control” for an “Early Termination Date.” 
 Section 4.2 Early Termination Notice. If FINV chooses to exercise its right of early termination under Section 4.1 above, FINV shall deliver to Agent notice of such intention to exercise
such right (the “Early Termination Notice”) and a schedule (the “Early Termination Schedule”) specifying FINV’s intention to exercise such right and showing in reasonable detail the calculation of the Early
Termination Payment. The Early Termination Schedule shall become final and binding on all parties 30 calendar days from the first date on which Agent has received such Schedule or amendment thereto unless Agent (i) within 30 calendar days after
receiving the Early Termination Schedule, provides FINV with notice of a material objection to such Schedule made in good faith (“Material Objection Notice”) or (ii) provides a written waiver of such right of a Material
Objection Notice within the period described in clause (i) above, in which case such Schedule becomes binding on the date the waiver is received by FINV (the 

  
 12 

 
“Early Termination Effective Date”). If the parties, for any reason, are unable to successfully resolve the issues raised in such notice within 30 calendar days after receipt by
FINV of the Material Objection Notice, FINV and Agent shall employ the Reconciliation Procedures. 
 Section 4.3 Payment
upon Early Termination. 
 (a) Within three calendar days after the Early Termination Effective Date, FINV shall pay to each
TRA Holder its Early Termination Payment. Each such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by the TRA Holder or as otherwise agreed by FINV and the TRA Holder. 

(b) “Early Termination Payment” shall equal, with respect to each TRA Holder, the present value, discounted at the Early
Termination Rate as of the Early Termination Effective Date, of all Tax Benefit Payments that would be required to be paid by FINV to the TRA Holder beginning from the Early Termination Date and assuming that the Valuation Assumptions are applied.

 ARTICLE V 
 SUBORDINATION AND LATE PAYMENTS 
 Section 5.1
Subordination. Notwithstanding any other provision of this Agreement to the contrary, any Tax Benefit Payment or Early Termination Payment required to be made by FINV to any TRA Holder under this Agreement shall rank subordinate and junior in
right of payment to any principal, interest or other amounts due and payable in respect of any obligations in respect of indebtedness for borrowed money of FINV and its Subsidiaries (“Senior Obligations”) and shall rank pari passu
with all current or future unsecured obligations of FINV that are not Senior Obligations. 
 Section 5.2 Late Payments
by FINV. The amount of all or any portion of any Tax Benefit Payment or Early Termination Payment not made to any TRA Holder when due under the terms of this Agreement shall be payable together with any interest thereon, computed at the Default
Rate and commencing from the date on which such Tax Benefit Payment or Early Termination Payment was due and payable. 

ARTICLE VI 

NO DISPUTES; CONSISTENCY; COOPERATION 
 Section 6.1 Participation in FINV’s and FICV’s Tax Matters. Except as otherwise provided herein, FINV shall have full responsibility for, and sole discretion over, all Tax matters
concerning the Corporate Taxpayer and FICV, including without limitation the preparation, filing or amending of any Tax Return and defending, contesting or settling any issue pertaining to Taxes. Notwithstanding the foregoing, FINV shall notify
Agent of, and keep Agent reasonably informed with respect to, the portion of any audit of the Corporate Taxpayer and FICV by a Taxing Authority the outcome of which is reasonably expected to affect the rights and obligations of the TRA Holders under
this Agreement, and shall provide to Agent reasonable opportunity to provide information and other input to the Corporate Taxpayer, FICV and their respective advisors concerning the conduct of any such portion of such audit; provided,
however, that the Corporate Taxpayer and FICV shall not be required to take any action that is inconsistent with any provision of the FICV Partnership Agreement. 

  
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 Section 6.2 Consistency. Except upon the written advice of a Qualified Tax
Advisor, and except for items that are explicitly characterized as “deemed” or in a similar manner by the terms of this Agreement, FINV and the TRA Holders agree to report and cause to be reported for all purposes, including U.S. federal,
state, local and non-U.S. Tax purposes and financial reporting purposes, all Tax-related items (including, without limitation, the Reference Assets and each Tax Benefit Payment) in a manner consistent with that specified by FINV in any Schedule
required to be provided by or on behalf of the Corporate Taxpayer under this Agreement. Any Dispute concerning such advice shall be subject to the terms of Section 7.9. 
 Section 6.3 Cooperation. Each TRA Holder shall (a) furnish to FINV in a timely manner such information, documents and other materials as FINV may reasonably request for purposes of making
any determination or computation necessary or appropriate under this Agreement, preparing any Tax Return or contesting or defending any audit, examination or controversy with any Taxing Authority, (b) make itself available to FINV and its
representatives to provide explanations of documents and materials and such other information as FINV or its representatives may reasonably request in connection with any of the matters described in clause (a) above, and (c) reasonably
cooperate in connection with any such matter, and FINV shall reimburse the TRA Holder for any reasonable third-party costs and expenses incurred pursuant to this Section 6.3. 

ARTICLE VII 

MISCELLANEOUS 
 Section 7.1 Notices. All notices, requests, claims, demands and other communications hereunder shall be in writing and shall be deemed duly given and received (a) on the date of delivery
if delivered personally, or by facsimile upon confirmation of transmission by the sender’s fax machine if sent on a Business Day (or otherwise on the next Business Day) or (b) on the first Business Day following the date of dispatch if
delivered by a recognized next-day courier service. All notices hereunder shall be delivered as set forth below, or pursuant to such other instructions as may be designated in writing by the party to receive such notice: 

If to FINV, to: 

Prins Bernhardplein 200 
 1097 JB Amsterdam 
 The Netherlands  

[•] 

Attention: [•] 
 with a copy (which shall not constitute notice to FINV) to: 
 Vinson &
Elkins L.L.P. 
 1001 Fannin, Suite 2500 
 Houston, Texas 77002-6760 

  
 14 

					
		 	Telephone:                            
                                         
  	  	
		 	Attention:                            
                                         
    	  	
			
		 	 If to Agent, to:
	  	
			
		 	  
	  	
		 	  
	  	
		 	  
	  	
			
		 	 If to Mosing Holdings, to:
	  	
			
		 	  
	  	
		 	  
	  	
		 	  
	  	

 If to a TRA Holder other than Mosing Holdings and that is a [partner] in FICV, to:

 The address set forth in the records of FICV. 
 Any party may change its address or fax number by giving the other party written notice of its new address or fax number in the manner set forth above. 

Section 7.2 Counterparts. This Agreement may be executed in one or more counterparts, all of which shall be considered one
and the same agreement and shall become effective when one or more counterparts have been signed by each of the parties and delivered to the other parties, it being understood that all parties need not sign the same counterpart. Delivery of an
executed signature page to this Agreement by facsimile transmission shall be as effective as delivery of a manually signed counterpart of this Agreement. 
 Section 7.3 Entire Agreement; No Third Party Beneficiaries. This Agreement constitutes the entire agreement and supersedes all prior agreements and understandings, both written and oral, among
the parties with respect to the subject matter hereof. This Agreement shall be binding upon and inure solely to the benefit of each party hereto and their respective successors and permitted assigns, and nothing in this Agreement, express or
implied, is intended to or shall confer upon any other Person any right, benefit or remedy of any nature whatsoever under or by reason of this Agreement. 
 Section 7.4 Governing Law. This Agreement shall be governed by, and construed in accordance with, the law of [the State of New York], without regard to the conflicts of laws
principles thereof that would mandate the application of the laws of another jurisdiction. 
 Section 7.5
Severability. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any law or public policy, all other terms and provisions of this Agreement shall nevertheless remain in full force and effect
so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any party. Upon such determination that any term or other provision is invalid, illegal or incapable of being
enforced, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible in an acceptable manner in order that the transactions contemplated hereby are consummated
as originally contemplated to the greatest extent possible. 

  
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 Section 7.6 Successors; Assignment; Amendments; Waivers. 

(a) No TRA Holder may assign this Agreement to any person without the prior written consent of FINV; provided, however, that
(i) to the extent FICV Portions are transferred in accordance with the terms of the FICV Partnership Agreement, the transferring TRA Holder shall have the option to assign to the transferee of such FICV Portions the transferring TRA
Holder’s rights under this Agreement with respect to such transferred FICV Portions as long as such transferee has executed and delivered, or, in connection with such transfer, executes and delivers, a joinder to this Agreement, in form and
substance reasonably satisfactory to FINV, agreeing to become a “TRA Holder” for all purposes of this Agreement, except as otherwise provided in such joinder, and (ii) any and all payments payable or that may become payable to a TRA
Holder pursuant to this Agreement (A) that do not arise from an Exchange and (B) that, once an Exchange has occurred, arise with respect to the Exchanged FICV Portions may be assigned to any Person or Persons as long as any such Person has
executed and delivered, or, in connection with such assignment, executes and delivers, a joinder to this Agreement, in form and substance reasonably satisfactory to FINV, agreeing to be bound by Section 7.12 and acknowledging specifically the
terms of Section 7.6(b). For the avoidance of doubt, if a TRA Holder transfers FICV Portions but does not assign to the transferee of such FICV Portions, the rights of such TRA Holder under this Agreement with respect to such transferred FICV
Portions, such TRA Holder shall continue to be entitled to receive the Tax Benefit Payments, if any, due hereunder with respect to, including any Tax Benefit Payments arising in respect of a subsequent Exchange of, such FICV Portions. 

(b) Notwithstanding the foregoing provisions of this Section 7.6, no transferee described in clause (i) of the first sentence of
Section 7.06(a) shall have the right to enforce the provisions of Section 2.3, 4.2, or 6.2 of this Agreement, and no assignee described in clause (ii) of the first sentence of Section 7.6(a) shall have any rights under this
Agreement except for the right to enforce its right to receive payments under this Agreement. 
 (c) No provision of this
Agreement may be amended unless such amendment is approved in writing by each of FINV and FICV and by TRA Holders who would be entitled to receive at least two-thirds of the Early Termination Payments payable to all TRA Holders hereunder if FINV had
exercised its right of early termination on the date of the most recent Exchange prior to such amendment (excluding, for purposes of this sentence, all payments made to any TRA Holder pursuant to this Agreement since the date of such most recent
Exchange); provided, however, that no such amendment shall be effective if such amendment would have a disproportionate effect on the payments certain TRA Holders will or may receive under this Agreement unless all such
disproportionately affected TRA Holders consent in writing to such amendment. No provision of this Agreement may be waived unless such waiver is in writing and signed by the party against whom the waiver is to be effective. 

(d) Except as otherwise specifically provided herein, all of the terms and provisions of this Agreement shall be binding upon, shall inure
to the benefit of and shall be enforceable by the parties hereto and their respective successors, assigns, heirs, executors, administrators and 

  
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legal representatives. FINV shall cause any direct or indirect successor (whether by purchase, merger, consolidation or otherwise) to all or substantially all of the business or assets of the
Corporate Taxpayer, by written agreement, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Corporate Taxpayer would be required to perform if no such succession had taken place.
Notwithstanding anything to the contrary herein, in the event a TRA Holder transfers his FICV Portions to a Permitted Transferee (as defined in the FICV Partnership Agreement), such TRA Holder shall have the right, on behalf of such transferee, to
enforce the provisions of Sections 2.3, 4.2 or 6.2 with respect to such transferred FICV Portions. 
 Section 7.7 Titles
and Subtitles. The titles of the sections and subsections of this Agreement are for convenience of reference only and are not to be considered in construing this Agreement. 

Section 7.8 Resolution of Disputes. 
 (a) Any and all disputes which are not governed by Section 7.9, including any ancillary claims of any party, arising out of, relating to or in connection with the validity, negotiation, execution,
interpretation, performance or non-performance of this Agreement (including the validity, scope and enforceability of this Section 7.8 and Section 7.9) (each a “Dispute”) shall be governed by this Section 7.8. The
parties hereto shall attempt in good faith to resolve all Disputes by negotiation. If a Dispute between the parties hereto cannot be resolved in such manner, such Dispute shall be finally settled by arbitration conducted by a single arbitrator in
[New York] in accordance with the then-existing Rules of Arbitration of the International Chamber of Commerce. If the parties to the Dispute fail to agree on the selection of an arbitrator within ten (10) days of the receipt of
the request for arbitration, the International Chamber of Commerce shall make the appointment. The arbitrator shall be a lawyer admitted to the practice of law in [the State of New York] and shall conduct the proceedings in the English
language. Performance under this Agreement shall continue if reasonably possible during any arbitration proceedings. [In addition to monetary damages, the arbitrator shall be empowered to award equitable relief, including an injunction and
specific performance of any obligation under this Agreement. The arbitrator is not empowered to award damages in excess of compensatory damages, and each party hereby irrevocably waives any right to recover punitive, exemplary or similar damages
with respect to any Dispute. The award shall be the sole and exclusive remedy between the parties regarding any claims, counterclaims, issues, or accounting presented to the arbitral tribunal. Judgment upon any award may be entered and enforced in
any court having jurisdiction over a party or any of its assets.] 
 (b) Notwithstanding the provisions of paragraph (a),
FINV may bring an action or special proceeding in any court of competent jurisdiction for the purpose of compelling a party to arbitrate, seeking temporary or preliminary relief in aid of an arbitration hereunder, and/or enforcing an arbitration
award and, for the purposes of this paragraph (b), Agent and each TRA Holder (i) expressly consents to the application of paragraph (c) of this Section 7.8 to any such action or proceeding, (ii) agrees that proof shall not be
required that monetary damages for breach of the provisions of this Agreement would be difficult to calculate and that remedies at law would be inadequate, and (iii) irrevocably appoints FINV as agent of such party for service of process in
connection with any such action or proceeding and agrees that service of process upon such agent, who shall promptly advise such party in writing of any such service of process, shall be deemed in every respect effective service of process upon such
party in any such action or proceeding. 

  
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 (c) (i) EACH PARTY HEREBY IRREVOCABLY SUBMITS TO THE JURISDICTION OF COURTS LOCATED IN
[NEW YORK, NEW YORK] FOR THE PURPOSE OF ANY JUDICIAL PROCEEDING BROUGHT IN ACCORDANCE WITH THE PROVISIONS OF PARAGRAPH (B) OF THIS SECTION 7.8, OR ANY JUDICIAL PROCEEDING ANCILLARY TO AN ARBITRATION OR CONTEMPLATED ARBITRATION
ARISING OUT OF OR RELATING TO OR CONCERNING THIS AGREEMENT. Such ancillary judicial proceedings include any suit, action or proceeding to compel arbitration, to obtain temporary or preliminary judicial relief in aid of arbitration, or to confirm an
arbitration award. The parties acknowledge that the fora designated by this paragraph (c) have a reasonable relation to this Agreement, and to the parties’ relationship with one another; and 

(ii) The parties hereby waive, to the fullest extent permitted by applicable law, any objection which they now or hereafter may have to
personal jurisdiction or to the laying of venue of any such ancillary suit, action or proceeding brought in any court referred to in paragraph (c)(1) of this Section 7.8 and such parties agree not to plead or claim the same. 

Section 7.9 Reconciliation. In the event that FINV and Agent or the relevant TRA Holder, as applicable, are unable to resolve
a disagreement with respect to the matters governed by Section 2.3, Section 4.2 and Section 6.2 within the relevant period designated in this Agreement (“Reconciliation Dispute”), the Reconciliation Dispute shall be
submitted for determination to a nationally recognized expert (the “Expert”) in the particular area of disagreement mutually acceptable to both parties. The Expert shall be a partner or principal in a nationally recognized
accounting or law firm, and unless FINV and Agent or the relevant TRA Holder agree otherwise, the Expert shall not, and the firm that employs the Expert shall not, have any material relationship with the Corporate Taxpayer or Agent or the relevant
TRA Holder, as applicable, or other actual or potential conflict of interest. If the parties are unable to agree on an Expert within fifteen (15) days of receipt by the respondent(s) of written notice of a Reconciliation Dispute, the Expert
shall be appointed by the International Chamber of Commerce Centre for Expertise. The Expert shall resolve any matter relating to the Exchange Basis Schedule or an amendment thereto or the Early Termination Schedule or an amendment thereto within 30
calendar days and shall resolve any matter relating to a Tax Benefit Schedule or an amendment thereto within 15 calendar days or as soon thereafter as is reasonably practicable, in each case after the matter has been submitted to the Expert for
resolution. Notwithstanding the preceding sentence, if the matter is not resolved before any payment that is the subject of a disagreement would be due (in the absence of such disagreement) or any Tax Return reflecting the subject of a disagreement
is due, the undisputed amount shall be paid on the date prescribed by this Agreement and such Tax Return may be filed as prepared by the Corporate Taxpayer, subject to adjustment or amendment upon resolution. The costs and expenses relating to the
engagement of such Expert or amending any Tax Return shall be borne by FINV except as provided in the next sentence. FINV and Agent or the relevant TRA Holder, as applicable, shall bear their own costs and expenses of such proceeding, unless
(i) the Expert adopts Agent’s or the relevant TRA Holder’, as applicable, position, in which case FINV shall 

  
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reimburse Agent or the relevant TRA Holder, as applicable, for any reasonable out-of-pocket costs and expenses in such proceeding, or (ii) the Expert adopts FINV’s position, in which
case Agent or the relevant TRA Holder, as applicable, shall reimburse FINV for any reasonable out-of-pocket costs and expenses in such proceeding. Any dispute as to whether a dispute is a Reconciliation Dispute within the meaning of this
Section 7.9 shall be decided by the Expert. The Expert shall finally determine any Reconciliation Dispute and the determinations of the Expert pursuant to this Section 7.9 shall be binding on FINV and its Subsidiaries and Agent or the
relevant TRA Holder, as applicable, and may be entered and enforced in any court having jurisdiction. 
 Section 7.10
Withholding. FINV shall be entitled to deduct and withhold from any payment payable pursuant to this Agreement such amounts as FINV is required to deduct and withhold with respect to the making of such payment under the Code or any provision
of U.S. federal, state, local or non-U.S. Tax law. To the extent that amounts are so withheld and paid over to the appropriate Taxing Authority by FINV, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to
the relevant TRA Holder. 
 Section 7.11 Admission of the Corporate Taxpayer into a Consolidated Group; Transfers of
Corporate Assets. 
 (a) If the Corporate Taxpayer becomes a member of an affiliated or consolidated group of corporations
that files a consolidated income Tax Return pursuant to Sections 1501 et seq. of the Code or any corresponding provisions of U.S. state or local law, then: (i) the provisions of this Agreement shall be applied with respect to the group
as a whole; and (ii) Tax Benefit Payments, Early Termination Payments and other applicable items hereunder shall be computed with reference to the consolidated taxable income of the group as a whole. 

(b) If any entity that is obligated to make a Tax Benefit Payment or Early Termination Payment hereunder transfers one or more assets to a
corporation (or a Person classified as a corporation for U.S. federal income Tax purposes) with which such entity does not file a consolidated Tax Return pursuant to Section 1501 of the Code, such entity, for purposes of calculating the amount
of any Tax Benefit Payment or Early Termination Payment (e.g., calculating the gross income of the entity and determining the Realized Tax Benefit of such entity) due hereunder, shall be treated as having disposed of such asset in a fully taxable
transaction on the date of such contribution. The consideration deemed to be received by such entity shall be equal to the fair market value of the contributed asset, plus (i) the amount of debt to which such asset is subject, in the case of a
contribution of an encumbered asset or (ii) the amount of debt allocated to such asset, in the case of a contribution of a partnership interest. For purposes of this Section 7.11, a transfer of a partnership interest shall be treated as a
transfer of the transferring partner’s share of each of the assets and liabilities of that partnership. 

  
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 Section 7.12 Confidentiality. 

(a) Agent and each of its assignees and each TRA Holder and each of its assignees acknowledges and agrees that the information of the
Corporate Taxpayer is confidential and, except in the course of performing any duties as necessary for FINV and its Affiliates, as required by law or legal process or to enforce the terms of this Agreement, such person shall keep and retain in the
strictest confidence and not disclose to any Person any confidential matters, acquired pursuant to this Agreement, of the Corporate Taxpayer and its Affiliates and successors, concerning FICV and its Affiliates and successors or the TRA Holders,
learned by Agent or TRA Holder heretofore or hereafter. This Section 7.12 shall not apply to (i) any information that has been made publicly available by FINV or any of its Affiliates, becomes public knowledge (except as a result of an act
of Agent or a TRA Holder in violation of this Agreement) or is generally known to the business community and (ii) the disclosure of information to the extent necessary for a TRA Holder to prepare and file its Tax Returns, to respond to any
inquiries regarding the same from any Taxing Authority or to prosecute or defend any action, proceeding or audit by any Taxing Authority with respect to such returns. Notwithstanding anything to the contrary herein, Agent and each of its assignees
(and each employee, representative or other agent of Agent or its assignees, as applicable) and each TRA Holder and each of its assignees (and each employee, representative or other agent of such TRA Holder or its assignees, as applicable) may
disclose to any and all Persons, without limitation of any kind, the Tax treatment and Tax structure of the Corporate Taxpayer, FICV, Agent, the TRA Holders and their Affiliates, and any of their transactions, and all materials of any kind
(including opinions or other Tax analyses) that are provided to Agent or the TRA Holder relating to such Tax treatment and Tax structure. 
 (b) If Agent or an assignee or a TRA Holder or an assignee commits a breach, or threatens to commit a breach, of any of the provisions of this Section 7.12, FINV shall have the right and remedy to
have the provisions of this Section 7.12 specifically enforced by injunctive relief or otherwise by any court of competent jurisdiction without the need to post any bond or other security, it being acknowledged and agreed that any such breach
or threatened breach shall cause irreparable injury to FINV or any of its Subsidiaries or the TRA Holders and the accounts and funds managed by FINV and that money damages alone shall not provide an adequate remedy to such Persons. Such rights and
remedies shall be in addition to, and not in lieu of, any other rights and remedies available at law or in equity. 

  
 20 

 IN WITNESS WHEREOF, FINV, FICV, Agent and Mosing Holdings have duly executed this Agreement as of the date
first written above. 
  

			
	Frank’s International N.V.
		
	By:	 	 

 
			
	Name:	 	
	Title:	 	

 
			
	
	Frank’s International C.V.
		
	By:	 	 

 
			
	Name:	 	
	Title:	 	

 
			
	
	Mosing Holdings, Inc.
		
	By:	 	 

 
			
	Name:	 	
	Title:	 	
	
	Agent

 
			
		
	By:	 	 

 
			
	Name:	 	
	Title:	 	

 [Signature Page to Tax Receivable Agreement] 

  
 21

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