Document:

Exhibit 10.2

 Exhibit 10.2 
 INTELLON CORPORATION 
 2007 EQUITY INCENTIVE PLAN 
 NOTICE OF GRANT OF RESTRICTED STOCK UNITS 
 Unless otherwise defined herein, the terms used in this Notice of Grant of Restricted Stock Units (the “Notice of Grant”) and Terms and Conditions of Restricted Stock Unit Grant, attached hereto as Exhibit A (together, the
“Agreement”) shall be as defined in the 2007 Equity Incentive Plan (the “Plan”). 
  

			
	Participant:	  	  

		
	Address:	  	  

 Participant has been granted the right to receive an Award of Restricted Stock Units, subject to
the terms and conditions of the Plan and this Agreement, as follows: 
  

			
	 Grant Number
	 	  

		
	 Date of Grant
	 	  

		
	 Vesting Commencement Date
	 	  

		
	 Number of Restricted Stock Units
	 	  

 Vesting Schedule: 
 Subject to any acceleration provisions contained in the Plan or set forth below, the Restricted Stock Unit will vest in accordance with the following
schedule: 
 [VESTING SCHEDULE.] 
 In the event Participant ceases to be a Service Provider for any or no reason before Participant vests in the Restricted Stock Unit, the Restricted Stock Unit and Participant’s right to acquire any Shares hereunder will immediately
terminate. 
 INTELLON CORPORATION 

 EXHIBIT A 
 TERMS AND CONDITIONS OF RESTRICTED STOCK UNIT GRANT 
 1. Grant. Effective as of the date of
grant set forth in the Notice of Restricted Stock Units Grant available on the AST Equity Plan Solutions website (the “Notice of Grant”), Intellon Corporation hereby grants to the Participant named in the Notice of Grant (the
“Participant”) a number of Restricted Stock Units as set forth in the Notice of Grant, subject to all of the terms and conditions in this Agreement and the Plan, which is incorporated herein by reference. Subject to Section 18(c) of
the Plan, in the event of a conflict between the terms and conditions of the Plan and the terms and conditions of this Agreement, the terms and conditions of the Plan will prevail. 
 2. Company’s Obligation to Pay. Each Restricted Stock Unit represents the right to receive a Share on the date it vests. Unless and until the
Restricted Stock Units will have vested in the manner set forth in Section 3, Participant will have no right to payment of any such Restricted Stock Units. Prior to actual payment of any vested Restricted Stock Units, such Restricted Stock Unit
will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company. Any Restricted Stock Units that vest in accordance with Sections 3 or 4 will be paid to Participant (or in the event of
Participant’s death, to his or her estate) in whole Shares, subject to Participant satisfying any applicable tax withholding obligations as set forth in Section 6. 
 3. Vesting Schedule. Except as provided in Section 4, and subject to Section 5, the Restricted Stock Units awarded by this Agreement
will vest in accordance with the vesting provisions set forth in the Notice of Grant. Restricted Stock Units scheduled to vest on a certain date or upon the occurrence of a certain condition will not vest in Participant in accordance with any of the
provisions of this Agreement, unless Participant will have been continuously a Service Provider from the Date of Grant until the date such vesting occurs. 
 4. Administrator Discretion. The Administrator, in its discretion, may accelerate the vesting of the balance, or some lesser portion of the balance, of the unvested Restricted Stock Units at any time, subject
to the terms of the Plan. If so accelerated, such Restricted Stock Units will be considered as having vested as of the date specified by the Administrator. 
 5. Forfeiture upon Termination of Status as a Service Provider. Notwithstanding any contrary provision of this Agreement, the balance of the Restricted Stock Units that have not vested as of the time of
Participant’s termination as a Service Provider for any or no reason, and Participant’s right to acquire any Shares pursuant to any unvested Restricted Stock Units hereunder, will immediately terminate. 
 6. Death of Participant. Any distribution or delivery to be made to Participant under this Agreement will, if Participant is then deceased, be
made to Participant’s designated beneficiary, or if no beneficiary survives Participant, the administrator or executor of Participant’s estate. Any such transferee must furnish the Company with (a) written notice of his or her status
as transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer. 
 7. Withholding of Taxes. Notwithstanding any contrary provision of this Agreement, no certificate representing the Shares will be issued to
Participant, unless and until satisfactory arrangements (as determined by the Administrator) will have been made by Participant with respect to the payment of income, employment and other taxes which the Company determines must be withheld with
respect to such Shares. In this regard, Participant authorizes the Company or its designee, to the extent permitted by applicable law, to sell a number of Shares underlying a vested Award of Restricted Stock Units sufficient to cover applicable
withholding taxes, and the Company shall use the proceeds of such sale to satisfy such withholding obligations. Participant will be responsible for all brokers’ fees and other costs of sale, which fees and costs may be deducted from the
proceeds of the foregoing sale of shares. To the extent the proceeds of such sale exceed Participant’s tax withholding obligations, such excess cash will be deposited into the securities account established with a brokerage service provider for
the settlement of Participant’s Restricted Stock Units. Participant acknowledges that the Company or its designee is under no obligation to arrange for such sale at any particular price, and that the proceeds of any such sale may not be
sufficient to satisfy Participant’s tax withholding obligation. Participant acknowledges that the ultimate liability for any 

 
or all income, employment or other taxes or tax-related withholding (“Tax-Related Items”) legally due by Participant is and remains
Participant’s responsibility and that the Company (i) makes no representations or undertakings regarding the treatment of any Tax-Related Items in connection with any aspect of the Restricted Stock Units, including the grant of the
Restricted Stock Units, the vesting of the Restricted Stock Units, the settlement of the Restricted Stock Units, the subsequent sale of any Shares acquired at settlement and the receipt of dividends, if any; and (ii) does not commit to
structure the terms of the grant or any aspect of the Restricted Stock Units to reduce or eliminate the Participant’s liability for Tax-Related Items. Participant will pay to the Company any amount of Tax-Related Items that the Company may be
required to withhold as a result of Employee’s participation in the Plan that cannot be satisfied by the means previously described. 
 8. Rights as Stockholder. Neither Participant nor any person claiming under or through Participant will have any of the rights or privileges of a stockholder of the Company in respect of any Shares deliverable hereunder unless and
until certificates representing such Shares will have been issued, recorded on the records of the Company or its transfer agents or registrars, and delivered to Participant. After such issuance, recordation and delivery, Participant will have all
the rights of a stockholder of the Company with respect to voting such Shares and receipt of dividends and distributions on such Shares. 
 9. No Guarantee of Continued Service. PARTICIPANT ACKNOWLEDGES AND AGREES THAT THE VESTING OF THE RESTRICTED STOCK UNITS PURSUANT TO THE VESTING SCHEDULE HEREOF IS EARNED ONLY BY CONTINUING AS A SERVICE PROVIDER AT THE WILL OF THE
COMPANY (OR THE PARENT OR SUBSIDIARY EMPLOYING OR RETAINING PARTICIPANT) AND NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED THIS AWARD OF RESTRICTED STOCK UNITS OR ACQUIRING SHARES HEREUNDER. PARTICIPANT FURTHER ACKNOWLEDGES AND AGREES THAT THIS
AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE VESTING SCHEDULE SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED ENGAGEMENT AS A SERVICE PROVIDER FOR THE VESTING PERIOD, FOR ANY PERIOD, OR AT ALL, AND WILL
NOT INTERFERE IN ANY WAY WITH PARTICIPANT’S RIGHT OR THE RIGHT OF THE COMPANY (OR THE PARENT OR SUBSIDIARY EMPLOYING OR RETAINING PARTICIPANT) TO TERMINATE PARTICIPANT’S RELATIONSHIP AS A SERVICE PROVIDER AT ANY TIME, WITH OR WITHOUT
CAUSE. 
 10. Address for Notices. Any notice to be given to the Company under the terms of this Agreement will be addressed to the
Company at Intellon Corporation, 5955 T.G. Lee Blvd., Suite 600, Orlando, FL 32822, or at such other address as the Company may hereafter designate in writing. Participant agrees to notify the Company upon any change in the Participant’s
address. 
 11. Grant is Not Transferable. Except to the limited extent provided in Section 6, this grant and the rights and
privileges conferred hereby will not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment or similar process. Upon any attempt to
transfer, assign, pledge, hypothecate or otherwise dispose of this grant, or any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this grant and the rights and privileges conferred
hereby immediately will become null and void. 
 12. Binding Agreement. Subject to the limitation on the transferability of this grant
contained herein, this Agreement will be binding upon and inure to the benefit of the heirs, legatees, legal representatives, successors and assigns of the parties hereto. 
 13. Additional Conditions to Issuance of Stock. If at any time the Company will determine, in its discretion, that the listing, registration or
qualification of the Shares upon any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory authority is necessary or desirable as a condition to the issuance of Shares to Participant (or his
or her estate), such issuance will not occur unless and until such listing, registration, qualification, consent or approval will have been effected or obtained free of any conditions not acceptable to the Company. Where the Company determines that
the delivery of the payment of any Shares will violate federal securities laws or other applicable laws, the Company will defer delivery until the earliest date at which the Company reasonably anticipates that the delivery of Shares will no longer
cause such violation. The Company will make all reasonable efforts to meet the requirements of any such state or federal law or securities exchange and to obtain any such consent or approval of any such governmental authority. 

 14. Plan Governs. This Agreement is subject to all terms and provisions of the Plan. In the event
of a conflict between one or more provisions of this Agreement and one or more provisions of the Plan, the provisions of the Plan will govern. Capitalized terms used and not defined in this Agreement will have the meaning set forth in the Plan.

 15. Administrator Authority. The Administrator will have the power to interpret the Plan and this Agreement and to adopt such rules
for the administration, interpretation and application of the Plan as are consistent therewith and to interpret or revoke any such rules (including, but not limited to, the determination of whether or not any Restricted Stock Units have vested). All
actions taken and all interpretations and determinations made by the Administrator in good faith will be final and binding upon Participant, the Company and all other interested persons. No member of the Administrator will be personally liable for
any action, determination or interpretation made in good faith with respect to the Plan or this Agreement. 
 16. Electronic Delivery.
The Company may, in its sole discretion, decide to deliver any documents related to Restricted Stock Units awarded under the Plan or future Restricted Stock Units that may be awarded under the Plan by electronic means or request Participant’s
consent to participate in the Plan by electronic means. By accepting the Award of Restricted Stock Units on the website maintained by AST Equity Plan Solutions, Participant hereby consents to receive such documents by electronic delivery and agrees
to participate in the Plan through any on-line or electronic system established and maintained by the Company, AST Equity Plan Solutions, or another third party designated by the Company. Upon Participant’s acceptance of this Award of
Restricted Stock Units on the AST Equity Plan Solutions website, Participant and the Company agree that this Award of Restricted Stock Units is granted under and governed by the terms and conditions of the Plan and this Agreement. Participant has
reviewed the Plan and this Agreement in their entirety, has had an opportunity to obtain the advice of counsel prior to accepting this Agreement and fully understands all provisions of the Plan and Agreement. 
 17. Captions. Captions provided herein are for convenience only and are not to serve as a basis for interpretation or construction of this
Agreement. 
 18. Agreement Severable. In the event that any provision in this Agreement will be held invalid or unenforceable, such
provision will be severable from, and such invalidity or unenforceability will not be construed to have any effect on, the remaining provisions of this Agreement. 
 19. Modifications to the Agreement. This Agreement constitutes the entire understanding of the parties on the subjects covered. Participant expressly warrants that he or she is not accepting this Agreement in
reliance on any promises, representations, or inducements other than those contained herein. Modifications to this Agreement or the Plan can be made only in an express written contract executed by a duly authorized officer of the Company.
Notwithstanding anything to the contrary in the Plan or this Agreement, the Company reserves the right to revise this Agreement as it deems necessary or advisable, in its sole discretion and without the consent of Participant, to comply with
Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) or to otherwise avoid imposition of any additional tax or income recognition under Section 409A of the Code in connection to this Award of Restricted
Stock Units. 
 20. Amendment, Suspension or Termination of the Plan. By accepting this Award, Participant expressly warrants that he
or she has received an Award of Restricted Stock Units under the Plan, and has received, read and understood a description of the Plan. Participant understands that the Plan is discretionary in nature and may be amended, suspended or terminated by
the Company at any time. 
 21. Governing Law. This Agreement will be governed by the laws of the State of Florida, without giving
effect to the conflict of law principles thereof. For purposes of litigating any dispute that arises under this Award of Restricted Stock Units or this Agreement, the parties hereby submit to and consent to the jurisdiction of the State of Florida,
and agree that such litigation will be conducted in the courts of Orange County, Florida, or the federal courts for the United States for the Middle District of Florida, and no other courts, where this Award of Restricted Stock Units is made and/or
to be performed.First Amendment and Temporary Waiver Agreement

 Exhibit 10.1 
 Execution Version 
 FIRST AMENDMENT AND TEMPORARY WAIVER AGREEMENT 
 This FIRST AMENDMENT AND TEMPORARY WAIVER AGREEMENT (“Agreement”) entered into on February 25, 2009 but made effective as of
February 11, 2009 (the “Effective Date”) is among Flotek Industries, Inc., a Delaware corporation (“Borrower”), the Lenders (as defined below), and Wells Fargo Bank, N.A., as Administrative Agent (as defined
below), Issuing Lender (as defined below), and Swing Line Lender (as defined below) for the Lenders. 
 RECITALS 
 A. The Borrower is party to that certain Credit Agreement dated as of March 31, 2008 (as amended, supplemented, amended and restated or
otherwise modified from time to time, the “Credit Agreement”), among the Borrower, the lenders party thereto from time to time (the “Lenders”), and Wells Fargo Bank, N.A., as administrative agent (in such capacity,
the “Administrative Agent”), issuing lender (in such capacity, the “Issuing Lender”), and swing line lender (in such capacity, the “Swing Line Lender”). 
 B. The parties hereto wish to, subject to the terms and conditions of this Agreement, (1) reduce the aggregate Revolving Commitment under the Credit
Agreement, (2) acknowledge the possible existence of an Event of Default arising as a result of the Borrower’s failure to comply with the minimum net worth covenant set forth in the Credit Agreement, (3) provide for a temporary waiver
of such possible Event of Default, and (4) make certain amendments to the Credit Agreement. 
 THEREFORE, the parties hereto hereby
agree as follows: 
 Section 1. Defined Terms; Other Definitional Provisions. As used in this Agreement, each of the terms
defined in the opening paragraph and the Recitals above shall have the meanings assigned to such terms therein. Each term defined in the Credit Agreement and used herein without definition shall have the meaning assigned to such term in the Credit
Agreement, unless expressly provided to the contrary. The words “hereof”, “herein”, and “hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and not to any
particular provision of this Agreement. Paragraph headings have been inserted in this Agreement as a matter of convenience for reference only and it is agreed that such paragraph headings are not a part of this Agreement and shall not be used in the
interpretation of any provision of this Agreement. 
 Section 2. Amendments to Credit Agreement. 
 (a) Section 1.1 (Certain Defined Terms). Section 1.1 of the Credit Agreement is hereby amended by deleting the defined terms
“Applicable Margin” and “Letter of Credit Maximum Amount” in their entirety and replacing them with the following corresponding terms: 
 “Applicable Margin” means, (a) at any time prior to May 15, 2009, (i) with respect to Eurodollar Advances and Letters of Credit, a per annum rate equal to 5.25%, 

 
(ii) with respect to Base Rate Advances, a per annum rate equal to 4.25%, and (iii) with respect to the Commitment Fee, a per annum rate equal to
0.45% and (b) at any other time, with respect to each Type of Advance, the Letters of Credit and the Commitment Fee, the percentage rate per annum which is applicable at such time with respect to such Advance, Letter of Credit or Commitment Fee
as set forth in Schedule I and subject to further adjustments as set forth Section 2.8(d). 
 “Letter of
Credit Maximum Amount” means $7,500,000; provided that, on and after the Revolving Maturity Date, the Letter of Credit Maximum Amount shall be zero. 
 (b) Section 1.1 (Certain Defined Terms). Section 1.1 of the Credit Agreement is hereby amended by deleting the second sentence of the defined term “Revolving Commitment” in its entirety and
replacing it with the following: 
 “The aggregate Revolving Commitment on the First Amendment Effective Date is
$15,000,000.” 
 (c) Section 1.1 (Certain Defined Terms). Section 1.1 of the Credit Agreement is hereby amended by
adding the following new term “First Amendment Effective Date” in alphabetical order: 
 “First Amendment
Effective Date” means February 11, 2009. 
 (d) Section 2.15(a). Section 2.15(a) of the Credit Agreement is
hereby amended by replacing the reference to “$40,000,000” found therein with a reference to “$30,000,000”. 
 (e) Section 6.24 (Convertible Senior Notes). Section 6.24 of the Credit Agreement is hereby amended by deleting subsection (b) in its entirety and replacing it with the following: 
 (b) The Borrower shall not, nor shall it permit any of its Subsidiaries to, make or offer to make any optional or voluntary repurchase,
redemption, prepayment, repayment, defeasance or any other acquisition or retirement for value (or the segregation of funds with respect to any of the foregoing) (whether in whole or in part) of any of the Convertible Senior Notes; provided
that, the Borrower may voluntarily convert the Convertible Senior Notes into common stock of the Borrower so long as (i) the aggregate principal amount of the Convertible Senior Notes that are converted into common stock of the Borrower
does not exceed $40,000,000 and (ii) neither the Borrower nor any of its Subsidiaries may pay or otherwise provide any consideration (cash or otherwise) to the holders of such converted Convertible Senior Notes in connection with, or related
to, such conversion other than the shares of common stock of the Borrower. 
 (f) Reduction in Revolving Commitment.
Notwithstanding the notice requirements set forth in the Credit Agreement, the aggregate Revolving Commitment is reduced to $15,000,000 (and each Lender’s Revolving Commitment is ratably reduced in accordance with 

  

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such Lender’s Revolving Pro Rata Share of the total reduction). The Lenders hereby waive the notice requirements set forth in the Credit Agreement
related to a reduction in Commitments but solely in connection with the reduction provided herein. 
 (g) Schedule II (Commitments,
Applicable Lending Offices, Contact Information). Schedule II to the Credit Agreement is replaced in its entirety with Schedule II attached hereto to reflect the revised Revolving Commitments of the Lenders after giving effect to the reduction
of the aggregate Revolving Commitment to $15,000,000. 
 Section 3. Temporary Waiver. 
 (a) The Borrower hereby informs the Lenders and acknowledges that the Borrower may have failed to comply with the minimum net worth covenant set forth in
Section 6.17 of the Credit Agreement for the fiscal quarter ended December 31, 2008 which would result in an Event of Default under the Credit Agreement as of December 31, 2008 (the “Existing Default”). 
 (b) The Lenders hereby agree, subject to the terms of this Agreement, to temporarily waive the Existing Default until the date (“Waiver
Termination Date”) that is the earlier to occur of (i) May 15, 2009 and (ii) the date of the occurrence of a Waiver Default (as defined below). The waiver set forth in this Section 3(b) is temporary in nature and the
Existing Default shall, unless otherwise agreed to in writing by the Majority Revolving Lenders and the Majority Lenders, be immediately and automatically reinstated on the Waiver Termination Date and shall constitute an “Event of Default”
under the Credit Agreement and the other Credit Documents. The waiver by the Lenders described above is contingent upon the satisfaction of the conditions precedent set forth below and is limited to the Existing Default. This waiver is limited to
the extent described herein and shall not be construed to be a consent to or a permanent waiver of the Existing Default or any other terms, provisions, covenants, warranties or agreements contained in the Credit Agreement or in any of the other
Credit Documents or a waiver of any Default or Event of Default that may hereafter occur. The Lenders reserve the right to exercise any rights and remedies available to them in connection with any other present or future defaults with respect to the
Credit Agreement or any other provision of any Credit Document. 
 (c) The Borrower and each Guarantor hereby agrees and acknowledges that
(i) the Existing Default has not been permanently waived as a result of this Agreement and that such waiver is temporary in nature, and (ii) concurrent with the Waiver Termination Date, all rights and remedies of the Lenders enjoined as a
result of this Section 3 shall, unless otherwise agreed to in writing by the Majority Revolving Lenders and the Majority Lenders, be reinstated. 
 (d) The following shall constitute a “Waiver Default” under this Agreement: (i) the failure of the Borrower or any Guarantor to comply with any covenant or agreement contained in this Agreement;
(ii) any representation or warranty contained in this Agreement shall be incorrect in any material respect; or (iii) the existence of any Default or Event of Default (other than the Existing Default). 
  

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 Section 4. Representations and Warranties. The Borrower and each Guarantor represents and warrants
that (a) after giving effect to this Agreement, except for the representations and warranties which are made only as of a prior date, the representations and warranties set forth in the Credit Agreement and in the other Credit Documents are
true and correct in all respects as of the Effective Date and as of the date this Agreement is entered into, in each case, as if made on and as of such dates; (b) after giving effect to this Agreement, no Default has occurred and is continuing;
(c) the execution, delivery and performance of this Agreement are within the limited liability company or corporate power and authority of such Person and have been duly authorized by appropriate limited liability company or corporate action
and proceedings; (d) this Agreement constitutes a legal, valid, and binding obligation of such Person enforceable in accordance with its terms, except as limited by applicable bankruptcy, insolvency, reorganization, moratorium, or similar laws
affecting the rights of creditors generally and general principles of equity; (e) there are no governmental or other third party consents, licenses and approvals required in connection with the execution, delivery, performance, validity and
enforceability of this Agreement; (f) the Liens under the Security Documents are valid and subsisting and secure the Borrower’s and such Person’s obligations under the Credit Documents, and (g) as to each Guarantor, it has no
defenses to the enforcement of its Guaranty. 
 Section 5. Effect on Credit Documents; Acknowledgments. 
 (a) The Borrower and each Guarantor acknowledges that on the date hereof all Obligations are payable without defense, offset, counterclaim or recoupment.

 (b) The Administrative Agent, the Issuing Lender, the Swing Line Lender and the Lenders hereby expressly reserve all of their rights,
remedies, and claims under the Credit Documents. Except to the extent provided in this Agreement, nothing in this Agreement shall constitute a waiver or relinquishment of (i) any Default or Event of Default (other than a temporary waiver of the
Existing Default as provided herein) under any of the Credit Documents, (ii) any of the agreements, terms or conditions contained in any of the Credit Documents, (iii) any rights or remedies of the Administrative Agent, Issuing Lender, the
Swing Line Lender or any Lender with respect to the Credit Documents, or (iv) the rights of the Administrative Agent, Issuing Lender, the Swing Line Lender or any Lender to collect the full amounts owing to them under the Credit Documents.

 (c) Each party hereto does hereby adopt, ratify, and confirm the Credit Agreement and acknowledges and agrees that the Credit Agreement,
as amended hereby, is and remains in full force and effect, and the Borrower and each Guarantor acknowledges and agrees that its respective liabilities under the Credit Agreement, as amended hereby, or the Guaranty are not impaired in any respect by
this Agreement or the waiver granted hereunder. This Agreement is a Credit Document for the purposes of the provisions of the other Credit Documents. Without limiting the foregoing, any breach of representations, warranties, and covenants under this
Agreement shall be a Default or Event of Default, as applicable, under the Credit Agreement. 
 Section 6. Reaffirmation of the
Guaranty. Each Guarantor hereby ratifies, confirms, and acknowledges that its obligations under the Guaranty are in full force and effect and that such Guarantor continues to unconditionally and irrevocably guarantee the full and punctual

  

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payment, when due, whether at stated maturity or earlier by acceleration or otherwise, all of the Guaranteed Obligations, as such Guaranteed Obligations may
have been amended by this Agreement, and its execution and delivery of this Agreement does not indicate or establish an approval or consent requirement by such Guarantor in connection with the execution and delivery of amendments, consents or
waivers to the Credit Agreement or any of the other Credit Documents. 
 Section 7. Effectiveness. This Agreement shall become
effective, and the amendments, consents and waiver provisions provided for herein shall be effective as provided herein as of the Effective Date, upon the satisfaction of the following conditions precedent: 
 (a) The Administrative Agent shall have received multiple original counterparts, as requested by the Administrative Agent, of this Agreement, duly and
validly executed and delivered by duly authorized officers of the Borrower, the Guarantors, the Administrative Agent, the Issuing Lender, the Swing Line Lender, the Majority Revolving Lenders and the Majority Lenders. 
 (b) No Default, other than the Existing Default, shall have occurred and be continuing as of the Effective Date or as of the date this Agreement is
entered into. 
 (c) The representations and warranties in this Agreement shall be true and correct in all material respects. 
 (d) The Borrower shall have paid to the Administrative Agent (i) for the account of each Lender that approves this Agreement and provides an
executed signature page for such Lender by facsimile or electronic mail to the Administrative Agent (or its counsel) by 5:00 pm (Houston, Texas time) on February 25, 2009, a waiver fee equal to 0.25% of such Lender’s total Commitments
(before giving effect to the pro rata reduction thereof made pursuant to Section 2(f) above); and (ii) all fees and expenses of the Administrative Agent’s outside legal counsel and other consultants pursuant to all invoices presented
for payment on or prior to the Effective Date. 
 Section 8. Counterparts; Severability. This Agreement may be signed in any number of
counterparts, each of which shall be an original and all of which, taken together, constitute a single instrument. This Agreement may be executed by facsimile signature and all such signatures shall be effective as originals. In the event that any
one or more of the provisions contained in this Agreement shall for any reason be held invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provision of this Agreement.

 Section 9. Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their
respective successors and assigns permitted pursuant to the Credit Agreement and the Guaranty. 
 Section 10. Governing Law. This
Agreement shall be deemed to be a contract made under and shall be governed by and construed in accordance with the laws of the State of Texas. 
  

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 Section 11. Entire Agreement. THIS AGREEMENT, THE CREDIT AGREEMENT AS AMENDED BY THIS
AGREEMENT, THE NOTES, AND THE OTHER CREDIT DOCUMENTS CONSTITUTE THE ENTIRE UNDERSTANDING AMONG THE PARTIES HERETO WITH RESPECT TO THE SUBJECT MATTER HEREOF AND SUPERSEDE ANY PRIOR AGREEMENTS, WRITTEN OR ORAL, WITH RESPECT THERETO. 
 THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES. 
 [Signature Pages Follow] 
  

 6 

 IN WITNESS WHEREOF, the parties hereto have caused this
Agreement to be duly executed and delivered by their respective duly authorized representatives as of the Effective Date. 
  

			
	 BORROWER:
  
 FLOTEK INDUSTRIES, INC.

		
	By:	 	/s/ Jesse E. Neyman
	Name:	 	Jesse E. Neyman
	Title:	 	Senior Vice President and Chief Financial Officer

  
  

			
	 GUARANTORS:
  

	 TELEDRIFT COMPANY
 FLOTEK PAYMASTER, INC.

 MATERIAL TRANSLOGISTICS, INC.
 PETROVALVE, INC.
 TURBECO, INC.
 USA PETROVALVE, INC.
 SOONER ENERGY SERVICES, LLC
 CESI MANUFACTURING LLC
 CESI CHEMICAL, INC.
 PADKO INTERNATIONAL, INC.

  

			
		
	Each By:	 	/s/ Jesse E. Neyman
	Name:	 	Jesse E. Neyman
	Title:	 	Chief Financial Officer

  

			
	FLOTEK INDUSTRIES FZE
		
	By:	 	/s/ Jesse E. Neyman
	Name:	 	Jesse E. Neyman
	Title:	 	Chief Financial Officer

  

 Signature Page to First Amendment 
 and Temporary Waiver Agreement 

			
	 ADMINISTRATIVE AGENT / ISSUING
 LENDER / SWING LINE LENDER:
  
 WELLS FARGO BANK, N.A., as Administrative
Agent, Issuing Lender and Swing Line Lender

		
	By:	 	/s/ Michael W. Nygren
	Name:	 	Michael W. Nygren
	Title:	 	Vice President

  

 Signature Page to First Amendment 
 and Temporary Waiver Agreement 

			
	 LENDERS:
  
 WELLS FARGO BANK, N.A., as a Revolving Lender and a Term Lender

		
	By:	 	/s/ Michael W. Nygren
	Name:	 	Michael W. Nygren
	Title:	 	Vice President

  

 Signature Page to First Amendment 
 and Temporary Waiver Agreement 

			
	THE PRUDENTIAL INSURANCE COMPANY OF AMERICA, as a Revolving Lender and a Term Lender
		
	By:	 	/s/ Brian N. Thomas
	Name:	 	Brian N. Thomas
	Title:	 	Vice President

  

			
	PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY, as a Revolving Lender and a Term Lender
		
	By:	 	/s/ Brian N. Thomas
	Name:	 	Brian N. Thomas
	Title:	 	Vice President

  

 Signature Page to First Amendment 
 and Temporary Waiver Agreement 

			
	COMERICA BANK, as a Revolving Lender and a Term Lender
		
	By:	 	/s/ Cyd Dillahunty
	Name:	 	Cyd Dillahunty
	Title:	 	Vice President

  

 Signature Page to First Amendment 
 and Temporary Waiver Agreement

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