Document:

exv4w3

Exhibit 4.3

REGISTRATION RIGHTS AGREEMENT

by and among

LyondellBasell Industries N.V.

and

the Holders (as defined herein)

Dated as of April 30, 2010

 

 

REGISTRATION RIGHTS AGREEMENT

     This Registration Rights Agreement (this “Agreement”) is made as of April 30, 2010 by and
among LyondellBasell Industries N.V., a public limited liability company (naamloze vennootschap)
formed under the laws of The Netherlands (the “Parent Guarantor”), Lyondell Chemical Company, a
Delaware corporation (the “Company”), the Subsidiary Guarantors identified on the signature pages
hereto and the Holders (as defined below). Capitalized terms used but not otherwise defined herein
are defined in Section 1 hereof.

     This Agreement is made pursuant to the Plan of Reorganization (as defined below) and the
Indenture (as defined below) relating to the 11% Senior Secured Notes due 2018 (the “Notes”), for
the benefit of the Holders from time to time. The Notes are fully and unconditionally guaranteed
(the “Guarantees”) by the Parent Guarantor and the Subsidiary Guarantors (collectively, the
“Guarantors”) pursuant to the Indenture. The Notes and the Guarantees attached thereto are herein
collectively referred to as the “Securities.”

     The parties hereby agree as follows:

     SECTION 1. Definitions. As used in this Agreement, the following capitalized terms shall have
the following meanings:

     8% Notes: The 8% Senior Secured Notes due 2017 issued by LBI Escrow Corporation on April 8,
2010, to be assumed by the Company and guaranteed by the Guarantors on the date of this Agreement.

     8% Notes Registration Rights Agreement: The Registration Rights Agreement dated as of April 8,
2010 by and among LBI Escrow Corporation, the Parent Guarantor and the initial purchasers named
therein, as amended on the date of this Agreement.

     Business Day: Any day other than a Saturday, Sunday or other day on which banking
institutions or trust companies are authorized or required by law to close in New York City, London
or The Netherlands.

     Commission: The United States Securities and Exchange Commission.

     Effectiveness Target Date: The date that is the earlier of (1) 365 days after the date of
this Agreement or if such 365th day is not a Business Day, the next succeeding Business Day and (2)
the date that the Exchange Offer Registration Statement required by the 8% Notes Registration
Rights Agreement is declared effective by the Commission.

     Exchange Act: The Securities Exchange Act of 1934, as amended.

     Exchange Offer: The registration by the Company under the Securities Act of the offer to
exchange the 8% Notes for a like principal amount of similar notes that have been registered under
the Securities Act, which offer to exchange is required to be made pursuant to the 8% Notes
Registration Rights Agreement.

 

 

     Exchange Offer Registration Statement: The Registration Statement relating to the Exchange
Offer, including the related Prospectus.

     FINRA: Financial Industry Regulatory Authority, Inc.

     Holders: As defined in Section 2(b) hereof.

     Indemnified Holder: As defined in Section 7(a) hereof.

     Indenture: The Indenture, dated as of April 30, 2010, by and among the Company, the
Guarantors and Wells Fargo Bank, N.A., as trustee and collateral agent, pursuant to which the
Securities are to be issued, as such Indenture is amended or supplemented from time to time in
accordance with the terms thereof.

     Initial Placement: The issuance by the Company of the Securities to the Holders pursuant to
the Plan of Reorganization.

     Notes: As defined in the preamble hereto.

     Person: An individual, partnership, corporation, trust or unincorporated organization, or a
government or agency or political subdivision thereof.

     Plan of Reorganization: The Plan of Reorganization of LyondellBasell Industries AF S.C.A. and
certain of its subsidiaries and affiliates under chapter 11, title 11 of the United States Code, 11
U.S.C. §§101-1532.

     Prospectus: The prospectus included in a Registration Statement, as amended or supplemented
by any prospectus supplement and by all other amendments thereto, including post-effective
amendments, and all material incorporated by reference into such Prospectus.

     Registration Default: As defined in Section 4 hereof.

     Registration Statement: Any registration statement of the Company relating to the
registration for resale of Transfer Restricted Securities pursuant to the Shelf Registration
Statement, which is filed pursuant to the provisions of this Agreement, in each case, including the
Prospectus included therein, all amendments and supplements thereto (including post-effective
amendments) and all exhibits and material incorporated by reference therein.

     Securities: As defined in the preamble hereto.

     Securities Act: The Securities Act of 1933, as amended.

     Shelf Filing Deadline: As defined in Section 3(a) hereof.

     Shelf Registration Statement: As defined in Section 3(a) hereof.

     Transfer Restricted Securities: Each Security owned by a Holder, until the earliest to occur
of (a) the date on which such Security has been effectively registered under the Securities Act and
disposed of in accordance with a Shelf Registration Statement pursuant to this Agreement,

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 (b) the date on which such securities are disposed of pursuant to Rule 144 (or any
successor rule then in effect) promulgated under the Securities Act and (c) the date on which such
Securities cease to be outstanding and have been cancelled by the Trustee pursuant to the terms of
the Indenture.

     Trust Indenture Act: The Trust Indenture Act of 1939, as amended.

     Underwritten Registration or Underwritten Offering: A registration in which Transfer
Restricted Securities are sold to an underwriter for reoffering to the public.

     SECTION 2. Securities Subject to this Agreement.

     (a) Transfer Restricted Securities. The securities entitled to the benefits of this Agreement
are the Transfer Restricted Securities.

     (b) Holders of Transfer Restricted Securities. A Person is deemed to be a holder of Transfer
Restricted Securities (each, a “Holder”) whenever such Person owns Transfer Restricted Securities.
Each Holder on the date of this Agreement is identified as such on the signature pages hereto.

     SECTION 3. Shelf Registration.

     (a) Unless there are no Transfer Restricted Securities outstanding, each of the Company and
the Guarantors shall (i) use its commercially reasonable efforts to cause to be filed with the
Commission as soon as reasonably practicable but in any event no later than the Effectiveness
Target Date, a shelf registration statement pursuant to Rule 415 under the Securities Act (the
“Shelf Registration Statement”), which Shelf Registration Statement shall provide for resales of
all Transfer Restricted Securities the Holders of which shall have provided the information
required pursuant to Section 3(c) hereof, (ii) use their commercially reasonable efforts to cause
such Shelf Registration Statement to be declared effective by the Commission as soon as reasonably
practicable but in any event no later than the Effectiveness Target Date and (iii) in connection
with the foregoing, file (A) all pre-effective amendments to such Shelf Registration Statement as
may be necessary in order to cause such Shelf Registration Statement to become effective, (B) if
applicable, a post-effective amendment to such Registration Statement pursuant to Rule 430A under
the Securities Act and (C) cause all necessary filings in connection with the registration and
qualification for resale of the Transfer Restricted Securities to be made under the state
securities or blue sky laws of such jurisdictions as are necessary. The Shelf Registration
Statement shall be on the appropriate form permitting resales of Transfer Restricted Securities
held by the Holders as contemplated by this Agreement.

     (b) Each of the Company and the Guarantors shall use its commercially reasonable efforts to
keep such Shelf Registration Statement continuously effective, supplemented and amended as required
by the provisions of Sections 5(a) and (b) hereof to the extent necessary to ensure that it is
available for resales of Securities by the Holders of Transfer Restricted Securities entitled to
the benefit of this Section 3, and to ensure that it conforms with the requirements of this
Agreement, the Securities Act and the policies, rules and regulations of the Commission as
announced from time to time, for a period ending on the earlier of (i) the date when all the
Transfer Restricted Securities covered by such Shelf Registration Statement have been sold pursuant

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to such Shelf Registration Statement and (ii) the date when there are no Transfer Restricted
outstanding (the “Shelf Registration Period”).

     (c) No Holder of Transfer Restricted Securities may include any of its Transfer Restricted
Securities in any Shelf Registration Statement pursuant to this Agreement unless and until such
Holder furnishes to the Company in writing, within 20 Business Days after receipt of a request
therefor, such information as the Company may reasonably request for use in connection with any
Shelf Registration Statement or Prospectus or preliminary Prospectus included therein. Each Holder
as to which any Shelf Registration Statement is being effected agrees to furnish promptly to the
Company all information required to be disclosed in order to make the information previously
furnished to the Company by such Holder not to contain an untrue statement of material fact or omit
to state any fact necessary to make the statement therein not misleading.

     SECTION 4. Additional Interest. If the Shelf Registration Statement (x) does not become
effective on or prior to the Effectiveness Target Date, or (y) becomes effective but thereafter
ceases to be effective or the corresponding Prospectus fails to be usable for its intended purpose
at any time during the Shelf Registration Period, and such failure to remain effective or usable
exists for more than 60 days (whether or not consecutive) in any 12-month period (each such event
referred to in the foregoing clauses (x) or (y) a “Registration Default”), the Company hereby
agrees that the interest rate borne by the Transfer Restricted Securities shall be increased by
0.25% per annum during the 90-day period immediately following the occurrence of any Registration
Default and shall increase by 0.25% per annum at the end of each subsequent 90-day period, but in
no event shall such increase exceed 1.00% per annum. Following the earliest of (x) the cure of all
Registration Defaults relating to any particular Transfer Restricted Securities, (y) the date on
which there are no outstanding Transfer Restricted Securities and (z) the date that is two and one
half years after the Release Date, the interest rate borne by the relevant Transfer Restricted
Securities will be reduced to the original interest rate borne by such Transfer Restricted
Securities; provided, however, that, if after any such reduction in interest rate, a different
Registration Default occurs, the interest rate borne by the relevant Transfer Restricted Securities
shall again be increased pursuant to the foregoing provisions.

     Notwithstanding the foregoing, the amount of Additional Interest payable shall not increase
because more than one Registration Default has occurred and is pending.

     All obligations of the Company and the Guarantors set forth in the preceding paragraph that
are outstanding with respect to any Transfer Restricted Security at the time such security ceases
to be a Transfer Restricted Security shall survive until such time as all such obligations with
respect to such security shall have been satisfied in full.

     SECTION 5. Registration Procedures.

     (a) Shelf Registration Statement. In connection with the Shelf Registration Statement, each
of the Company and the Guarantors shall comply with all the provisions of Section 5(b) hereof and
shall use its commercially reasonable efforts to effect such registration (unless automatically
declared effective) to permit the sale of the Transfer Restricted Securities being sold in
accordance with the intended method or methods of distribution thereof, and pursuant thereto each
of the Company and the Guarantors will as soon as commercially reasonable prepare

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 and file with the Commission a Registration Statement relating to the registration on any
appropriate form under the Securities Act, which form shall be available for the sale of the
Transfer Restricted Securities in accordance with the intended method or methods of distribution
thereof.

     (b) General Provisions. In connection with any Registration Statement and any Prospectus
required by this Agreement to permit the sale or resale of Transfer Restricted Securities, each of
the Company and the Guarantors shall:

     (i) use its commercially reasonable efforts to keep such Registration Statement
continuously effective during the period of this Agreement and provide all requisite
financial statements (including, if required by the Securities Act or any regulation
thereunder, financial statements of the Guarantors for the period specified in Section 3
hereof; upon the occurrence of any event that would cause any such Registration Statement or
the Prospectus contained therein (A) to contain a material misstatement or omission or (B)
not to be effective and usable for resale of Transfer Restricted Securities during the
period required by this Agreement, the Company shall file promptly an appropriate amendment
to such Registration Statement, in the case of clause (A), correcting any such misstatement
or omission, and, in the case of either clause (A) or (B), use its commercially reasonable
efforts to cause such amendment to be declared effective (unless automatically declared
effective) and such Registration Statement and the related Prospectus to become usable for
their intended purpose(s) as soon as practicable thereafter;

     (ii) prepare and file with the Commission such amendments and post-effective amendments
to the applicable Registration Statement as may be necessary to keep the Registration
Statement effective for the applicable period set forth in Section 3 hereof, or such shorter
period as will terminate when all Transfer Restricted Securities covered by such
Registration Statement have been sold; cause the 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 to comply fully with the applicable provisions of Rules 424
and 430A under the Securities Act in a timely manner; 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 method
or methods of distribution by the sellers thereof set forth in such Registration Statement
or supplement to the Prospectus;

     (iii) advise the underwriter(s), if any, and selling Holders promptly and, if requested
by such Persons, to confirm such advice in writing, (A) when the Prospectus or any
Prospectus supplement or post-effective amendment has been filed, and, with respect to any
Registration Statement or any post-effective amendment thereto, when the same has become
effective, (B) of any request by the Commission for amendments to the Registration Statement
or amendments or supplements to the Prospectus or for additional information relating
thereto, (C) of the issuance by the Commission of any stop order suspending the
effectiveness of the Registration Statement under the Securities Act or of the suspension by
any state securities commission of the qualification of the Transfer Restricted Securities
for offering or sale in any jurisdiction, or the initiation of any proceeding for any of the
preceding purposes, (D) of the existence of any fact or the happening of

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any event that makes any statement of a material fact made in the Registration
Statement, the Prospectus, any amendment or supplement thereto, or any document incorporated
by reference therein untrue, or that requires the making of any additions to or changes in
the Registration Statement or the Prospectus in order to make the statements therein not
misleading. If at any time the Commission shall issue any stop order suspending the
effectiveness of the Registration Statement, or any state securities commission or other
regulatory authority shall issue an order suspending the qualification or exemption from
qualification of the Transfer Restricted Securities under state securities or blue sky laws,
each of the Company and the Guarantors shall use its commercially reasonable efforts to
obtain the withdrawal or lifting of such order at the earliest possible time;

     (iv) furnish without charge to each selling Holder named in any Registration Statement,
and each of the underwriter(s), if any, before filing with the Commission, copies of any
Registration Statement or any Prospectus included therein or any amendments or supplements
to any such Registration Statement or Prospectus (including all documents incorporated by
reference after the initial filing of such Registration Statement), which documents will be
subject to the review and comment of such Holders and underwriter(s) in connection with such
sale, if any, for a period of at least five Business Days, and the Company will not file any
such Registration Statement or Prospectus or any amendment or supplement to any such
Registration Statement or Prospectus (including all such documents incorporated by
reference) to which a Holder of Transfer Restricted Securities covered by such Registration
Statement or the underwriter(s), if any, shall reasonably object in writing within five
Business Days after the receipt thereof (such objection to be deemed timely made upon
confirmation of telecopy transmission within such period). The objection of a Holder or
underwriter, if any, shall be deemed to be reasonable if such Registration Statement,
amendment, Prospectus or supplement, as applicable, as proposed to be filed, contains a
material misstatement or omission; Notwithstanding the last two sentences, the Company shall
not be prohibited from making any filing that is, in the opinion of counsel to the Company,
necessary to comply with applicable law;

     (v) [Reserved];

     (vi) make available, subject to customary confidentiality agreements, at reasonable
times for inspection by the managing underwriter(s), if any, participating in any
disposition pursuant to such Registration Statement and any attorney or accountant retained
by any of the underwriter(s) or selling Holders, all financial and other records, pertinent
corporate documents and properties of each of the Company and the Guarantors and cause the
Company’s and the Guarantor’ officers, directors and employees to supply all information, in
each case as shall be reasonably necessary to enable any such Holder, underwriter, attorney
or accountant to exercise any applicable responsibilities in connection with such
Registration Statement or any post-effective amendment thereto subsequent to the filing
thereof and prior to its effectiveness and to participate in meetings with investors to the
extent requested by the managing underwriter(s), if any;

     (vii) if requested by any selling Holders or the underwriter(s), if any, promptly
incorporate in any Registration Statement or Prospectus, pursuant to a supplement or
post-effective amendment if necessary, such information as such selling Holders and underwriter(s),

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 if any, may reasonably request to have included therein, including,
without limitation, information relating to the “Plan of Distribution” of the Transfer
Restricted Securities, information with respect to the principal amount of Transfer
Restricted Securities being sold to such underwriter(s), the purchase price being paid
therefor and any other terms of the offering of the Transfer Restricted Securities to be
sold in such offering; and make all required filings of such Prospectus supplement or
post-effective amendment as soon as practicable after the Company is notified of the matters
to be incorporated in such Prospectus supplement or post-effective amendment;

     (viii) cause the Transfer Restricted Securities covered by the Registration Statement
to be rated with the appropriate rating agencies, if so requested by the Holders of a
majority in aggregate principal amount of Transfer Restricted Securities covered thereby or
the underwriter(s), if any;

     (ix) furnish to each selling Holder and each of the underwriter(s), if any, without
charge, at least one copy of the Registration Statement, as first filed with the Commission,
and of each amendment thereto, including financial statements and schedules, all documents
incorporated by reference therein and all exhibits (including exhibits incorporated therein
by reference);

     (x) deliver to each selling Holder and each of the underwriter(s), if any, without
charge, as many copies of the Prospectus (including each preliminary prospectus) and any
amendment or supplement thereto as such Persons reasonably may request; each of the Company
and the Guarantors hereby consents to the use of the Prospectus and any amendment or
supplement thereto by each of the selling Holders and each of the underwriter(s), if any, in
connection with the offering and the sale of the Transfer Restricted Securities covered by
the Prospectus or any amendment or supplement thereto;

     (xi) enter into such agreements (including an underwriting agreement), and make such
representations and warranties, and take all such other commercially reasonable actions in
connection therewith in order to expedite or facilitate the disposition of the Transfer
Restricted Securities pursuant to any Registration Statement contemplated by this Agreement,
all to such extent as may be reasonably requested by any Holder of Transfer Restricted
Securities or underwriter in connection with any sale or resale pursuant to any Registration
Statement contemplated by this Agreement; and whether or not an underwriting agreement is
entered into and whether or not the registration is an Underwritten Registration, each of
the Company and the Guarantors shall:

     (A) furnish to each selling Holder and each underwriter, if any, in such
substance and scope as they may request and as are customarily made by issuers to
underwriters in primary underwritten offerings, upon the effectiveness of the Shelf
Registration Statement:

     (1) a certificate, dated the date of effectiveness of the Shelf
Registration Statement, signed by (y) the President or any Vice President
and (z) a principal financial or accounting officer of each of the Company
and the Guarantors, confirming, as of the date thereof, the matters set
forth

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in paragraphs (i), (ii) and (iii) of Section 5(e) of the purchase
agreement dated as of March 24, 2010 relating to the 8% Notes (the “8% Notes
Purchase Agreement”) as if they applied to the Securities and such other
matters as such parties may reasonably request;

     (2) if requested by a majority of the Holders, an opinion, dated the
date of effectiveness of the Shelf Registration Statement, of counsel for
the Company and the Guarantors, covering the matters set forth in the
opinion delivered pursuant to Section 5(c) of the 8% Notes Purchase
Agreement as if they applied to the Securities and such other matter as such
parties may reasonably request, and in any event including a statement to
the effect that such counsel has participated in conferences with officers
and other representatives of the Company and the Guarantors, representatives
of the independent public accountants for the Company and the Guarantors,
representatives of the underwriter(s), if any, and counsel to the
underwriter(s), if any, in connection with the preparation of such
Registration Statement and the related Prospectus and have considered the
matters required to be stated therein and the statements contained therein,
although such counsel has not independently verified the accuracy,
completeness or fairness of such statements; and that such counsel advises
that, on the basis of the foregoing, no facts came to such counsel’s
attention that caused such counsel to believe that the applicable
Registration Statement, at the time such Registration Statement or any
post-effective amendment thereto became effective, contained an untrue
statement of a material fact or omitted to state a material fact required to
be stated therein or necessary to make the statements therein not
misleading, or that the Prospectus contained in such Registration Statement
as of its date, contained an untrue statement of a material fact or omitted
to state a material fact necessary in order to make the statements therein,
in the light of the circumstances under which they were made, not
misleading. Without limiting the foregoing, such counsel may state further
that such counsel assumes no responsibility for, and has not independently
verified, the accuracy, completeness or fairness of the financial
statements, notes and schedules and other financial data included in any
Registration Statement contemplated by this Agreement or the related
Prospectus; and

     (3) a customary comfort letter, dated the date of effectiveness of the
Shelf Registration Statement, from the Company’s independent accountants, in
the customary form and covering matters of the type customarily requested to
be covered in comfort letters by underwriters in connection with primary
underwritten offerings, without exception;

     (B) set forth in full or incorporate by reference in the underwriting
agreement, if any, the indemnification provisions and procedures of Section 7 hereof
with respect to all parties to be indemnified pursuant to said Section; and

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     (C) deliver such other documents and certificates as may be reasonably
requested by such parties to evidence compliance with Section 5(b)(xi)(A) hereof and
with any customary conditions contained in the underwriting agreement or other
agreement entered into by the Company or any of the Guarantors pursuant to this
Section 5(b)(xi), if any.

     If at any time the representations and warranties of the Company and the Guarantors
contemplated in Section 5(b)(xi)(A)(1) hereof cease to be true and correct, the Company or
the Guarantors shall so advise the underwriter(s), if any, and each selling Holder promptly
and, if requested by such Persons, shall confirm such advice in writing;

     (xii) prior to any public offering of Transfer Restricted Securities, cooperate with
the selling Holders, the underwriter(s), if any, and their respective counsel in connection
with the registration and qualification of the Transfer Restricted Securities under the
state securities or blue sky laws of such jurisdictions as the selling Holders or
underwriter(s), if any, may request and do any and all other acts or things necessary or
advisable to enable the disposition in such jurisdictions of the Transfer Restricted
Securities covered by the Shelf Registration Statement; provided, however, that neither the
Company nor the Guarantors shall be required to register or qualify as a foreign corporation
where it is not then so qualified or to take any action that would subject it to the service
of process in suits or to taxation, other than as to matters and transactions relating to
the Registration Statement, in any jurisdiction where it is not then so subject;

     (xiii) cooperate with the selling Holders and the underwriter(s), if any, to facilitate
the timely preparation and delivery of certificates representing Transfer Restricted
Securities to be sold and not bearing any restrictive legends; and enable such Transfer
Restricted Securities to be in such denominations and registered in such names as the
Holders or the underwriter(s), if any, may request at least two Business Days prior to any
sale of Transfer Restricted Securities made by such Holders or underwriter(s);

     (xiv) use its commercially reasonable efforts to cause the Transfer Restricted
Securities covered by the Registration Statement to be registered with or approved by such
other governmental agencies or authorities as may be necessary to enable the seller or
sellers thereof or the underwriter(s), if any, to consummate the disposition of such
Transfer Restricted Securities, subject to the proviso contained in Section 5(b)(xii)
hereof;

     (xv) if any fact or event contemplated by Section 5(b)(iii)(D) hereof shall exist or
have occurred, prepare a supplement or post-effective amendment to the Registration
Statement or related Prospectus or any document incorporated therein by reference or file
any other required document so that, as thereafter delivered to the purchasers of Transfer
Restricted Securities, the Prospectus will not contain an untrue statement of a material
fact or omit to state any material fact necessary in order to make the statements therein
not misleading;

     (xvi) provide a CUSIP number for all Securities not later than the effective date of
the Registration Statement covering such Securities and provide the Trustee under the

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Indenture with printed certificates for such Securities which are in a form eligible
for deposit with the Depository Trust Company and take all other action necessary to ensure
that all such Securities are eligible for deposit with the Depository Trust Company;

     (xvii) cooperate and assist in any filings required to be made with the FINRA and in
the performance of any due diligence investigation by any underwriter (including any
“qualified independent underwriter”) that is required to be retained in accordance with the
rules and regulations of the FINRA;

     (xviii) otherwise use its commercially reasonable efforts to comply with all applicable
rules and regulations of the Commission, and make generally available to its security
holders, as soon as practicable, a consolidated earnings statement meeting the requirements
of Rule 158 (which need not be audited) for the twelve-month period (A) commencing at the
end of any fiscal quarter in which Transfer Restricted Securities are sold to underwriters
in a firm commitment or best efforts Underwritten Offering or (B) if not sold to
underwriters in such an offering, beginning with the first month of the Company’s first
fiscal quarter commencing after the effective date of the Registration Statement;

     (xix) cause the Indenture to be qualified under the Trust Indenture Act not later than
the effective date of the first Registration Statement required by this Agreement, and, in
connection therewith, cooperate with the Trustee and the Holders of Transfer Restricted
Securities to effect such changes to the Indenture as may be required for such Indenture to
be so qualified in accordance with the terms of the Trust Indenture Act; and to execute and
use its commercially reasonable efforts to cause the Trustee to execute, all documents that
may be required to effect such changes and all other forms and documents required to be
filed with the Commission to enable such Indenture to be so qualified in a timely manner;

     (xx) cause all 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 if reasonably requested by the Holders of a majority in aggregate
principal amount of Transfer Restricted Securities or the managing underwriter(s), if any;
and

     (xxi) provide promptly to each Holder upon request each document filed with the
Commission pursuant to the requirements of Section 13 and Section 15 of the Exchange Act.

     Each Holder agrees by acquisition of a Transfer Restricted Security that, upon receipt of any
notice from the Company of the existence of any fact of the kind described in Section 5(b)(iii)(D)
hereof, such Holder will forthwith discontinue disposition of Transfer Restricted Securities
pursuant to the applicable Registration Statement until such Holder’s receipt of the copies of the
supplemented or amended Prospectus contemplated by Section 5(b)(xvi) hereof, or until it is advised
in writing (the “Advice”) by the Company that the use of the Prospectus may be resumed, and has
received copies of any additional or supplemental filings that are incorporated by reference in the
Prospectus. If so directed by the Company, each Holder will deliver to the

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Company (at the Company’s expense) all copies, other than permanent file copies then in such
Holder’s possession, of the Prospectus covering such Transfer Restricted Securities that was
current at the time of receipt of such notice. In the event the Company shall give any such
notice, the time period regarding the effectiveness of such Registration Statement set forth in
Section 3 or 4 hereof, as applicable, shall be extended by the number of days during the period
from and including the date of the giving of such notice pursuant to Section 5(b)(iii)(D) hereof to
and including the date when each selling Holder covered by such Registration Statement shall have
received the copies of the supplemented or amended Prospectus contemplated by Section 5(b)(xvi)
hereof or shall have received the Advice; provided, however, that no such extension shall be taken
into account in determining whether Additional Interest is due pursuant to Section 4 hereof or the
amount of such Additional Interest, it being agreed that the Company’s option to suspend use of a
Registration Statement pursuant to this paragraph shall be treated as a Registration Default for
purposes of Section 4 hereof.

     SECTION 6. Registration Expenses.

     (a) All reasonable and documented expenses incident to the Company’s and the Guarantor’s
performance of or compliance with this Agreement will be borne by the Company and the Guarantors,
jointly and severally, regardless of whether a Registration Statement becomes effective, including,
without limitation: (i) all registration and filing fees and expenses (including filings made by
any Holder with the FINRA (and, if applicable, the fees and expenses of any “qualified independent
underwriter” and one counsel to such person, that may be required by the rules and regulations of
the FINRA)); (ii) all fees and expenses of compliance with federal securities and state securities
or blue sky laws; (iii) all expenses of printing, messenger and delivery services and telephone;
(iv) all fees and disbursements of counsel for the Company, the Guarantors and, subject to Section
6(b) hereof, all reasonable fees and disbursements of one counsel to the Holders of Transfer
Restricted Securities; (v) all application and filing fees in connection with listing the
Securities on a securities exchange or automated quotation system pursuant to the requirements
thereof, if requested pursuant to Section 5(b); and (vi) all fees and disbursements of independent
certified public accountants of the Company and the Guarantors (including the expenses of any
special audit and comfort letters required by or incident to such performance).

     Each of the Company and the Guarantors will, in any event, bear its internal expenses
(including, without limitation, all salaries and expenses of its officers and employees performing
legal or accounting duties), the expenses of any annual audit and the fees and expenses of any
Person, including special experts, retained by the Company or the Guarantors.

     (b) In connection with any Registration Statement required by this Agreement, the Company and
the Guarantors, jointly and severally, will reimburse the Holders of Transfer Restricted Securities
being registered pursuant to such Registration Statement for the reasonable fees and disbursements
of not more than one counsel, which counsel shall be chosen by the Holders of a majority in
principal amount of the Transfer Restricted Securities for whose benefit such Registration
Statement is being prepared.

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     SECTION 7. Indemnification.

     (a) The Company and the Guarantors, jointly and severally, agree to indemnify and hold
harmless (i) each Holder and (ii) each Person, if any, who controls (within the meaning of Section
15 of the Securities Act or Section 20 of the Exchange Act) any Holder (any of the Persons referred
to in this clause (ii) being hereinafter referred to as a “controlling person”) and (iii) the
respective officers, directors, partners, employees, representatives and agents of any Holder or
any controlling person (any Person referred to in clause (i), (ii) or (iii) may hereinafter be
referred to as an “Indemnified Holder”), to the fullest extent lawful, from and against any and all
losses, claims, damages, liabilities, judgments, actions and reasonable expenses (including,
without limitation, and as incurred, reimbursement of all reasonable costs of investigating,
preparing, pursuing, settling, compromising, paying or defending any claim or action, or any
investigation or proceeding by any governmental agency or body, commenced or threatened, including
the reasonable fees and expenses of counsel to any Indemnified Holder), joint or several, directly
or indirectly caused by, related to, based upon, arising out of or in connection with any untrue
statement or alleged untrue statement of a material fact contained in any Registration Statement or
Prospectus (or any amendment or supplement thereto), or any omission or alleged omission to state
therein a material fact required to be stated therein or necessary to make the statements therein,
in the light of the circumstances under which they were made, not misleading, except insofar as
such losses, claims, damages, liabilities or expenses are caused by an untrue statement or omission
or alleged untrue statement or omission that is made in reliance upon and in conformity with
information relating to any of the Holders, its directors, officers, employees or controlling
persons furnished in writing to the Company by any of the Holders expressly for use therein. This
indemnity agreement shall be in addition to any liability which the Company or any Guarantor may
otherwise have.

     In case any action or proceeding (including any governmental or regulatory investigation or
proceeding) shall be brought or asserted against any of the Indemnified Holders with respect to
which indemnity may be sought against the Company or the Guarantors, such Indemnified Holder (or
the Indemnified Holder controlled by such controlling person) shall promptly notify the Company and
the Guarantors in writing; provided, however, that the failure to give such notice shall not
relieve any of the Company or the Guarantors of its obligations pursuant to this Agreement. Such
Indemnified Holder shall have the right to employ its own counsel in any such action and the fees
and expenses of such counsel shall be paid, as incurred, by the Company and the Guarantors
(regardless of whether it is ultimately determined that an Indemnified Holder is not entitled to
indemnification hereunder). The Company and the Guarantors shall not, in connection with any one
such action or proceeding or separate but substantially similar or related actions or proceedings
in the same jurisdiction arising out of the same general allegations or circumstances, be liable
for the reasonable fees and expenses of more than one separate firm of attorneys (in addition to
any local counsel) at any time for such Indemnified Holders, which firm shall be designated by the
Holders. The Company and the Guarantors shall be liable for any settlement of any such action or
proceeding effected with the Company’s and the Guarantors’ prior written consent, which consent
shall not be withheld unreasonably, and each of the Company and the Guarantors agree to indemnify
and hold harmless any Indemnified Holder from and against any loss, claim, damage, liability or
expense by reason of any settlement of any action effected with the written consent of the Company
and the Guarantors. The Company and the Guarantors shall not, without the prior written consent of
each Indemnified Holder, settle or compromise or

-12-

 

consent to the entry of judgment in or otherwise seek to terminate any pending or threatened
action, claim, litigation or proceeding in respect of which indemnification or contribution may be
sought hereunder (whether or not any Indemnified Holder is a party thereto), unless such
settlement, compromise, consent or termination (i) includes an unconditional release of each
Indemnified Holder from all liability arising out of such action, claim, litigation or proceeding
and (ii) does not include any statements as to or any findings of fault, culpability or failure to
act by or on behalf of any indemnified party.

     (b) Each Holder of Transfer Restricted Securities agrees, severally and not jointly, to
indemnify and hold harmless the Company, the Guarantors and their respective directors, officers of
the Company and the Guarantors who sign a Registration Statement, and any Person controlling
(within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act) the
Company or any of the Guarantors, and the respective officers, directors, partners, employees,
representatives and agents of each such Person, to the same extent as the foregoing indemnity from
the Company and the Guarantors to each of the Indemnified Holders, but only with respect to claims
and actions based on information relating to such Holder furnished in writing by such Holder
expressly for use in any Registration Statement; provided that the total amount to be indemnified
by such Holder pursuant to this Section 7(b) shall be limited to the net proceeds (after deducting
underwriters’ discounts and commissions) received by such Holder in the offering to which such
Registration Statement relates. In case any action or proceeding shall be brought against the
Company, the Guarantors or their respective directors or officers or any such controlling person in
respect of which indemnity may be sought against a Holder of Transfer Restricted Securities, such
Holder shall have the rights and duties given the Company and the Guarantors, and the Company, the
Guarantors, their respective directors and officers and such controlling person shall have the
rights and duties given to each Holder by the preceding paragraph.

     (c) If the indemnification provided for in this Section 7 is unavailable to an indemnified
party under Section 7(a) or (b) hereof (other than by reason of exceptions provided in those
Sections) in respect of any losses, claims, damages, liabilities, judgments, actions or expenses
referred to therein, then each applicable indemnifying party, in lieu of indemnifying such
indemnified party, shall contribute to the amount paid or payable by such indemnified party as a
result of such losses, claims, damages, liabilities or expenses in such proportion as is
appropriate to reflect the relative benefits received by the Company and the Guarantors, on the one
hand, and the Holders, on the other hand, from the Initial Placement (which in the case of the
Company and the Guarantors shall be deemed to be equal to the total gross proceeds to the Company
and the Guarantors from the Initial Placement), the amount of Additional Interest which did not
become payable as a result of the filing of the Registration Statement resulting in such losses,
claims, damages, liabilities, judgments actions or expenses, and such Registration Statement, or if
such allocation is not permitted by applicable law, the relative fault of the Company and the
Guarantors, on the one hand, and the Holders, on the other hand, in connection with the statements
or omissions which resulted in such losses, claims, damages, liabilities or expenses, as well as
any other relevant equitable considerations. The relative fault of the Company on the one hand and
of the Indemnified Holder on the other shall be determined by reference to, among other things,
whether the untrue or alleged untrue statement of a material fact or the omission or alleged
omission to state a material fact relates to information supplied by the Company or any of the
Guarantors, on the one hand, or the Indemnified Holders, on the other hand, and the parties’
relative intent, knowledge, access to information and opportunity to correct or prevent such statement or
omission.

-13-

 

 The amount paid or payable by a party as a result of the losses, claims, damages,
liabilities and expenses referred to above shall be deemed to include, subject to the limitations
set forth in the second paragraph of Section 7(a) hereof, any legal or other fees or expenses
reasonably incurred by such party in connection with investigating or defending any action or
claim.

     The Company, the Guarantors and each Holder of Transfer Restricted Securities agree that it
would not be just and equitable if contribution pursuant to this Section 7(c) were determined by
pro rata allocation (even if the Holders were treated as one entity for such purpose) or by any
other method of allocation which does not take account of the equitable considerations referred to
in the immediately preceding paragraph. The amount paid or payable by an indemnified party as a
result of the losses, claims, damages, liabilities or expenses referred to in the immediately
preceding paragraph shall be deemed to include, subject to the limitations set forth above, any
legal or other expenses reasonably incurred by such indemnified party in connection with
investigating or defending any such action or claim. Notwithstanding the provisions of this
Section 7, none of the Holders (and its related Indemnified Holders) shall be required to
contribute, in the aggregate, any amount in excess of the amount by which the total net proceeds
(after deducting underwriters’ discounts and commissions) received by such Holder with respect to
the Securities exceeds the amount of any damages which such Holder has otherwise been required to
pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No
Person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the
Securities Act) shall be entitled to contribution from any Person who was not guilty of such
fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 7(c)
are several in proportion to the respective principal amount of Transfer Restricted Securities held
by each of the Holders hereunder and not joint.

     SECTION 8. Rule 144A. Each of the Company and the Guarantors hereby agrees with each Holder,
for so long as any Transfer Restricted Securities remain outstanding, to make available to any
Holder or beneficial owner of Transfer Restricted Securities in connection with any sale thereof
and any prospective purchaser of such Transfer Restricted Securities from such Holder or beneficial
owner, the information required by Rule 144A(d)(4) under the Securities Act in order to permit
resales of such Transfer Restricted Securities pursuant to Rule 144A under the Securities Act.

     SECTION 9. Participation in Underwritten Registrations. No Holder may participate in any
Underwritten Registration hereunder unless such Holder (a) agrees to sell such Holder’s Transfer
Restricted Securities on the basis provided in any underwriting arrangements approved by the
Persons entitled hereunder to approve such arrangements and (b) completes and executes all
reasonable questionnaires, powers of attorney, indemnities, underwriting agreements, lock-up
letters and other documents required under the terms of such underwriting arrangements.

     SECTION 10. Selection of Underwriters. The Holders of Transfer Restricted Securities covered
by the Shelf Registration Statement who desire to do so may sell such Transfer Restricted
Securities in an Underwritten Offering. In any such Underwritten Offering, the investment
banker(s) and managing underwriter(s) that will administer such offering will be selected by the
Holders of a majority in aggregate principal amount of the Transfer Restricted Securities
included in such offering; provided, however, that such investment banker(s) and managing
underwriter(s) must be reasonably satisfactory to the Company.

-14-

 

     SECTION 11. Miscellaneous.

     (a) Remedies. Each of the Company and the Guarantors hereby agrees that monetary damages
would not be adequate compensation for any loss incurred by reason of a breach by it of the
provisions of this Agreement and hereby agree to waive the defense in any action for specific
performance that a remedy at law would be adequate.

     (b) No Inconsistent Agreements. Each of the Company and the Guarantors will not on or after
the date of this Agreement enter into any agreement with respect to its securities that is
inconsistent with the rights granted to the Holders in this Agreement or otherwise conflicts with
the provisions hereof. Neither the Company nor any of the Guarantors has not previously entered
into any agreement granting any registration rights with respect to its securities to any Person.
The rights granted to the Holders hereunder do not in any way conflict with and are not
inconsistent with the rights granted to the holders of the Company’s or any of the Guarantors’
securities under any agreement in effect on the date hereof.

     (c) Amendments and Waivers. The provisions of this Agreement may not be amended, modified or
supplemented, and waivers or consents to or departures from the provisions hereof may not be given
unless the Company has (i) in the case of Section 4 hereof and this Section 11(c)(i), obtained the
written consent of Holders of all outstanding Transfer Restricted Securities and (ii) in the case
of all other provisions hereof, obtained the written consent of Holders of a majority of the
outstanding principal amount of Transfer Restricted Securities (excluding any Transfer Restricted
Securities held by the Company or its Affiliates).

     (d) Notices. All notices and other communications provided for or permitted hereunder shall
be made in writing by hand-delivery, first-class mail (registered or certified, return receipt
requested), telex, telecopier, or air courier guaranteeing overnight delivery:

     (i) if to a Holder, at the address set forth on the signature page hereto or as set
forth on the records of the Registrar under the Indenture, with a copy to the Registrar
under the Indenture; and

     (ii) if to the Company:

Lyondell Chemical Company

1221 McKinney St

Suite 700

Houston, TX 77010

Facsimile: (713) 652-7312

Attention: Gerald A. O’Brien

     All such notices and communications shall be deemed to have been duly given: at the time
delivered by hand, if personally delivered; five Business Days after being deposited in the mail,
postage prepaid, if mailed; when answered back, if telexed; when receipt acknowledged, if
telecopied; and on the next Business Day, if timely delivered to an air courier guaranteeing
overnight delivery.

-15-

 

     Copies of all such notices, demands or other communications shall be concurrently delivered by
the Person giving the same to the Trustee at the address specified in the Indenture.

     (e) Successors and Assigns. This Agreement shall inure to the benefit of and be binding upon
the successors and assigns of each of the parties, including, without limitation, and without the
need for an express assignment, subsequent Holders of Transfer Restricted Securities; provided,
however, that this Agreement shall not inure to the benefit of or be binding upon a successor or
assign of a Holder unless and to the extent such successor or assign acquired Transfer Restricted
Securities from such Holder.

     (f) Counterparts. This Agreement may be executed in any number of counterparts and by the
parties hereto in separate counterparts, each of which when so executed shall be deemed to be an
original and all of which taken together shall constitute one and the same agreement.

     (g) Headings. The headings in this Agreement are for convenience of reference only and shall
not limit or otherwise affect the meaning hereof.

     (h) Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE
LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO THE CONFLICTS OF LAW RULES THEREOF.

     (i) Severability. In the event that any one or more of the provisions contained herein, or
the application thereof in any circumstance, is held invalid, illegal or unenforceable, the
validity, legality and enforceability of any such provision in every other respect and of the
remaining provisions contained herein shall not be affected or impaired thereby.

     (j) Entire Agreement. This Agreement is intended by the parties as a final expression of
their agreement and 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 the Transfer
Restricted Securities. This Agreement supersedes all prior agreements and understandings between
the parties with respect to such subject matter.

[Signature pages to follow]

-16-

 

     IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written
above.

	 	 	 	 	 
	 	LYONDELLBASELL INDUSTRIES N.V

 	 
	 	By:  	/s/ Gerald A. O’Brien
 	 
	 	 	Name:  	Gerald A. O’Brien      	 
	 	 	Title:  	Authorized Person 	 
	 
	 	LYONDELL CHEMICAL COMPANY

 	 
	 	By:  	/s/ Gerald A. O’Brien
 	 
	 	 	Name:  	Gerald A. O’Brien 	 
	 	 	Title:  	Authorized Person 	 
	 
	 	BASELL NORTH AMERICA INC.

EQUISTAR CHEMICALS, LP

EQUISTAR GP, LLC

EQUISTAR LP, LLC

HOUSTON REFINING LP

LYONDELLBASELL ACETYLS, LLC

LYONDELLBASELL ACETYLS HOLDCO, LLC

LYONDELLBASELL F&F HOLDCO, LLC

LYONDELLBASELL FINANCE COMPANY

LYONDELLBASELL FLAVORS & FRAGRANCES, LLC

LYONDELL CHEMICAL INTERNATIONAL COMPANY

LYONDELL CHEMICAL OVERSEAS SERVICES, INC.

LYONDELL CHIMIE FRANCE LLC

LYONDELL REFINING COMPANY LLC

 	 
	 	By:  	/s/ Gerald A. O’Brien
 	 
	 	 	Name:  	Gerald A. O’Brien 	 
	 	 	Title:  	Authorized Person 	 
	 

(Signature Page for Notes Registration Rights Agreement)

 

 

	 	 	 	 	 
	 	LYONDELL CHEMICAL DELAWARE COMPANY

LYONDELL CHEMICAL PROPERTIES, L.P.

LYONDELL CHEMICAL TECHNOLOGY 1 INC.

LYONDELL CHEMICAL TECHNOLOGY MANAGEMENT, INC.

LYONDELL CHEMICAL TECHNOLOGY, L.P.

LYONDELL EUROPE HOLDINGS INC.

LYONDELL REFINING I LLC

 	 
	 	By:  	/s/ Francis P. McGrail
 	 
	 	 	Name:  	Francis P. McGrail      	 
	 	 	Title:  	Authorized Person 	 
	 

(Signature Page for Notes Registration Rights Agreement)

 

 

	 	 	 	 	 
	 	HOLDERS:

LEVERAGESOURCE III S.À R.L.

 	 
	 	By:  	/s/ Wendy Dulman
 	 
	 	 	Name:  	Wendy Dulman 	 
	 	 	Title:  	Class A Manager 	 
	 
	 	 	 
	 	By:  	              /s/ F. Cannizzaro di Belmontino
 	 
	 	 	Name:  	F. Cannizzaro di Belmontino 	 
	 	 	Title:  	Class B Manager 	 
	 

Address:

15 rue Edward Steíchen

L-2540 Luxembourg, Grand Duchy of Luxembourg

(Signature Page for Notes Registration Rights Agreement)

 

 

	 	 	 	 	 
	 	AIE EUROLUX S.À R.L.

 	 
	 	By:  	/s/ Wendy Dulman
 	 
	 	 	Name:  	Wendy Dulman 	 
	 	 	Title:  	Class A Manager 	 
	 
	 	 	 
	 	By:  	              /s/ F. Cannizzaro di Belmontino
 	 
	 	 	Name:  	F. Cannizzaro di Belmontino 	 
	 	 	Title:  	Class B Manager 	 
	 

Address:

7 Val Ste Croix

L-1371 Luxembourg, Grand Duchy of Luxembourg

(Signature Page for Notes Registration Rights Agreement)

 

 

	 	 	 	 	 
	 	LEVERAGESOURCE XI S.À R.L.

 	 
	 	By:  	/s/ Wendy Dulman
 	 
	 	 	Name:  	Wendy Dulman 	 
	 	 	Title:  	Class A Manager 	 
	 
	 	 	 
	 	By:  	              /s/ F. Cannizzaro di Belmontino
 	 
	 	 	Name:  	F. Cannizzaro di Belmontino 	 
	 	 	Title:  	Class B Manager 	 
	 

Address:

15 rue Edward Steíchen

L-2540 Luxembourg, Grand Duchy of Luxembourg

(Signature Page for Notes Registration Rights Agreement)

 

 

	 	 	 	 	 
	 	ACLF CO-INVEST / LYONDELL S.À R.L.

 	 
	 	By:  	/s/ Joseph Glatt
 	 
	 	 	Name:  	Joseph Glatt 	 
	 	 	Title:  	Class A Manager 	 
	 
	 	 	 
	 	By:  	              /s/ F. Cannizzaro di Belmontino
 	 
	 	 	Name:  	F. Cannizzaro di Belmontino 	 
	 	 	Title:  	Class B Manager 	 
	 

Address:

15 rue Edward Steíchen

L-2540 Luxembourg, Grand Duchy of Luxembourg

(Signature Page for Notes Registration Rights Agreement)

 

 

	 	 	 	 	 
	 	ACLF / LYONDELL S.À R.L.

 	 
	 	By:  	/s/ Joseph Glatt
 	 
	 	 	Name:  	Joseph Glatt 	 
	 	 	Title:  	Class A Manager 	 
	 
	 	 	 
	 	By:  	              /s/ F. Cannizzaro di Belmontino
 	 
	 	 	Name:  	F. Cannizzaro di Belmontino 	 
	 	 	Title:  	Class B Manager 	 
	 

Address:

15 rue Edward Steíchen

L-2540 Luxembourg, Grand Duchy of Luxembourg

(Signature Page for Notes Registration Rights Agreement)exv10w1

Exhibit 10.1

 

CONTRIBUTION, CONVEYANCE AND ASSUMPTION AGREEMENT

by and among

COMPRESSCO, INC.,

COMPRESSCO FIELD SERVICES, INC.,

COMPRESSCO CANADA, INC.,

COMPRESSCO DE MEXICO, S. DE R.L. DE C.V.,

COMPRESSCO PARTNERS GP INC.,

COMPRESSCO PARTNERS, L.P.,

COMPRESSCO PARTNERS OPERATING, LLC,

COMPRESSCO NETHERLANDS B.V.,

COMPRESSCO HOLDINGS, LLC,

COMPRESSCO NETHERLANDS COÖPERATIEF U.A.,

COMPRESSCO PARTNERS SUB, INC.,

TETRA INTERNATIONAL INCORPORATED,

PRODUCTION ENHANCEMENT MEXICO, S. DE R.L. DE C.V.,

and

TETRA TECHNOLOGIES, INC.

Dated as of June 20, 2011

 

 

 

CONTRIBUTION, CONVEYANCE AND ASSUMPTION AGREEMENT

     This Contribution, Conveyance and Assumption Agreement, dated as of June 20, 2011 (this
“Agreement”), is by and among Compressco, Inc., a Delaware corporation and wholly owned subsidiary
of TETRA (“Compressco”), Compressco Field Services, Inc., an Oklahoma corporation and wholly owned
subsidiary of Compressco (“CFSI”), Compressco Canada, Inc., an Alberta corporation and wholly owned
subsidiary of Compressco (“Cansub”), Compressco de Mexico, S. de R.L. de C.V., a Mexico limited
liability company of variable capital (sociedad de responsibilidad limitada de capital variable)
and subsidiary of Mexico Sub I and Mexico Sub II (“CP Mexico”), Compressco Partners GP Inc., a
Delaware corporation and wholly owned subsidiary of CFSI (the “General Partner”), Compressco
Partners, L.P., a Delaware limited partnership and subsidiary of CFSI and the General Partner (the
“Partnership”), Compressco Partners Operating, LLC, a Delaware limited liability company and wholly
owned subsidiary of CFSI (“OPCO”), Compressco Netherlands B.V., a Netherlands private limited
liability company and wholly owned subsidiary of CFSI (“Compressco Dutch BV”), Compressco Holdings,
LLC, a Delaware limited liability company and wholly owned subsidiary of CFSI (“Compressco
Holdings”), Compressco Netherlands Coöperatief U.A., a Netherlands coöperatief and subsidiary of
CFSI and Compressco Holdings (“Compressco Dutch Co-op”), Compressco Partners Sub, Inc., a Delaware
corporation and a wholly owned subsidiary of the Partnership (“MLP Sub”), TETRA International
Incorporated, a Delaware corporation and wholly owned subsidiary of TETRA (“TII”), Production
Enhancement Mexico, S. de R.L. de C.V., a Mexico limited liability company of variable capital
(sociedad de responsibilidad limitada de capital variable) (“PE Mexico”) and a subsidiary of TII
and Providence Natural Gas, LLC, and TETRA Technologies Inc., a Delaware corporation (“TETRA”).
The above-defined entities are sometimes referred to in this Agreement singularly as a “Party” and
collectively as the “Parties.” Capitalized terms used herein shall have the meanings assigned to
such terms in Article I.

RECITALS

     WHEREAS, the General Partner and CFSI have formed the Partnership, pursuant to the Delaware
Revised Uniform Limited Partnership Act (the “Delaware LP Act”), for the purpose of engaging in any
business activity that is approved by the General Partner and that lawfully may be conducted by a
limited partnership organized pursuant to the Delaware LP Act.

     WHEREAS, concurrently with or immediately following the completion of the transactions
contemplated hereby, the Partnership shall consummate an initial public offering (the “IPO”) of its
Common Units.

     WHEREAS, in furtherance of the objectives and purposes set forth in the preceding recitals,
the Parties hereby acknowledge that each of the following actions was taken prior to the date
hereof:

	 	A.1	 	 CFSI formed Compressco Leasing, LLC (“Leaseco”) under the terms of the Delaware
Limited Liability Company Act (the “Delaware LLC Act”) and contributed $1,000 to
Leaseco in exchange for all of the membership interests in Leaseco (all such membership
interests, the “Leaseco Interests”).

1

 

	 	A.2 	 	 CFSI sold to Leaseco all of CFSI’s right, title and interest in and to the
Compressor Units owned and used by CFSI to conduct CFSI’s U.S.-based production
enhancement services business, including, but not limited to, Compressor Units set
forth on Schedule 1 (such Compressor Units, the “U.S. Service Compressor
Units”) in exchange for an obligation by Leaseco to pay to CFSI an amount of
$11,931,204.91 (such obligation, the “Leaseco Loan”) under that Inter-Company Loan
Agreement by and between CFSI and Leaseco, dated as of March 31, 2011 (the “Leaseco
Loan Agreement”), and thereafter Leaseco leased the U.S. Service Compressor Units to
CFSI.
	 
	 	A.3 	 	 CFSI formed Compressco Mexico Investment I, LLC (“Mexico Sub 1”) under the
terms of the Delaware LLC Act and contributed $1,000 to Mexico Sub 1 in exchange for
all of the membership interests in Mexico Sub 1 (all such membership interests, the
“Mexico Sub 1 Interests”).
	 
	 	A.4 	 	 CFSI formed Compressco Mexico Investment II, LLC (“Mexico Sub 2”) under the
terms of the Delaware LLC Act and contributed $1,000 to Mexico Sub 2 in exchange for
all of the membership interests in Mexico Sub 2 (all such membership interests, the
“Mexico Sub 2 Interests”).
	 
	 	A.5 	 	 Mexico Sub 1 and Mexico Sub 2 formed CP Mexico under Mexico laws and
contributed MXN $1,530 and MXN $1,470, respectively, to CP Mexico, in exchange for 51%
and 49% of the membership interests, respectively, in CP Mexico.
	 
	 	A.6 	 	 CFSI formed the General Partner under the terms of the Delaware General
Corporation Law (the “DGCL”) and contributed $1,000 to the General Partner in exchange
for all of the shares of common stock of the General Partner.
	 
	 	A.7 	 	 CFSI and the General Partner formed the Partnership under the terms of the
Delaware LP Act and contributed $999 and $1, respectively, to the Partnership in
exchange for a 99.9% limited partner interest (the “Initial LP Interest”) and a 0.1%
general partner interest (the “Initial GP Interest”), respectively, in the Partnership.
	 
	 	A.8 	 	 CFSI formed OPCO under the terms of the Delaware LLC Act and contributed $1,000
to OPCO in exchange for all of the membership interests in OPCO (all such membership
interests, the “OPCO Interests”).
	 
	 	A.9 	 	 CFSI formed Compressco Field Services International, LLC (“Argentina Sub 1”)
under the Delaware LLC Act and contributed $1,000 to Argentina Sub 1 in exchange for
all of the membership interests in Argentina Sub 1 (all such membership interests, the
“Argentina Sub 1 Interests”).
	 
	 	A.10 	 	 CFSI formed Compressco International, LLC (“Argentina Sub 2”) under the
Delaware LLC Act and contributed $1,000 to Argentina Sub 2 in exchange for all of the
membership interests in Argentina Sub 2 (all such membership interests, the “Argentina
Sub 2 Interests”).

2

 

	 	A.11 	 	 CFSI and TII formed Compressco de Argentina S.R.L. (“Compressco Argentina”)
under Argentina laws and contributed $12,600, represented by 3,600 limited liability
company interests, and $1,400, represented by 400 limited liability company interests,
respectively, to Compressco Argentina in exchange for 90% and 10% of the limited
liability company interests, respectively, in Compressco Argentina, and thereafter CFSI
contributed its 90% limited liability company interest in Compressco Argentina to
Argentina Sub 1 and TII sold its 10% limited liability company interest in Compressco
Argentina to Argentina Sub 2.
	 
	 	A.12 	 	 CFSI formed Compressco Dutch BV under the laws of the Netherlands and
contributed €18,000.00 to Compressco Dutch BV in exchange for all of the ownership
interests in Compressco Dutch BV (the “Compressco Dutch BV
Interests”).
	 
	 	A.13 	 	 CFSI formed Compressco Holdings under the Delaware LLC Act and contributed
$1,000 in exchange for all of the membership interests in Compressco Holdings (all such
membership interests, the “Compressco Holdings Interests”).
	 
	 	A.14 	 	 CFSI and Compressco Holdings formed Compressco Dutch Co-op under the laws of
the Netherlands, and contributed €990 and €10, respectively, in exchange for 99% and
1%, respectively, of the membership interests in Compressco Dutch Co-op.
	 
	 	A.15 	 	 The Partnership formed MLP Sub under the terms of the DGCL and contributed
$1,000 to MLP Sub in exchange for all of the shares of common stock of MLP Sub.

     WHEREAS, in furtherance of the objectives and purposes set forth in the first two recitals
hereto, the Parties desire that each of the following transactions shall occur on the Closing Date
(as hereinafter defined):

	 	B.1 	 	 CFSI shall convey and contribute to the General Partner all of CFSI’s right,
title and interest in and to the Initial LP Interest.
	 
	 	B.2 	 	 TETRA shall convey and contribute to Compressco all of TETRA’s right, title and
interest in all of the Intellectual Property owned by TETRA and used by CFSI and its
subsidiaries to conduct their businesses (such Intellectual Property, the “TETRA
Intellectual Property”).
	 
	 	B.3 	 	 Compressco shall convey and contribute to CFSI all of Compressco’s right, title
and interest in (a) all of the Intellectual Property owned by Compressco and used by
CFSI and its subsidiaries to conduct their businesses (such Intellectual Property, the
“Compressco Intellectual Property”) and (b) all of the TETRA Intellectual Property.

3

 

	 	B.4 	 	 Compressco shall convey and contribute to CFSI all of Compressco’s right, title
and interest in all of the outstanding shares of common stock of Cansub, no par value
(the “Cansub Shares”).
	 
	 	B.5 	 	 CFSI shall sell to Cansub all of CFSI’s right, title and interest in (a) all of
the Equipment owned and leased by CFSI to Cansub to conduct Cansub’s Canada-based
production enhancement equipment rental business, including, but not limited to,
Equipment set forth on Schedule 2 (such Equipment, the “Cansub Equipment”), (b)
all of the Equipment owned and used by CFSI to conduct CFSI’s Indonesia-based
production enhancement equipment rental business, including, but not limited to,
Equipment set forth on Schedule 3 (such Equipment, the “Indonesian Equipment”)
and (c) the production enhancement rental contracts pursuant to which CFSI conducts its
Indonesia-based production enhancement equipment rental business and all accounts
receivable associated with such contracts, including, but not limited to, production
enhancement rental contracts set forth on Schedule 3 (such contracts and
accounts receivable, the “Indonesian Contracts” and, together with the Cansub Equipment
and Indonesian Equipment, the “Cansub Assets”) in exchange for $3,600,000 and an
obligation by Cansub to pay to CFSI an amount equal to $8,036,377 (such obligation, the
“Cansub Loan”) under that Inter-Company Loan Agreement by and between CFSI and Cansub,
dated as of even date herewith (the “Cansub Loan Agreement”).
	 
	 	B.6 	 	 CFSI shall convey and contribute to Compressco Dutch BV all of CFSI’s right,
title and interest in (a) all of the Cansub Shares, (b) all of the Mexico Sub 1
Interests, and (c) all of the Mexico Sub 2 Interests.
	 
	 	B.7 	 	 CFSI shall convey and contribute to Compressco Dutch Co-op and Compressco
Holdings all of CFSI’s right, title and interest in 99.0% and 1.0% of the Compressco
Dutch BV Interests, respectively, and Compressco Holdings shall convey and contribute
to Compressco Dutch Co-op all of Compressco Holdings’ right, title and interest in such
1.0% of the Compressco Dutch BV Interests.
	 
	 	B.8 	 	 CFSI shall (a) convey and contribute to OPCO all of CFSI’s right, title and
interest in (i) the production enhancement services contracts pursuant to which CFSI
conducts its U.S.-based production enhancement services business, including, but not
limited to, production enhancement services contracts set forth on Schedule 4
(such contracts, the “Domestic Services Contracts”), (ii) all of CFSI’s leasehold
interests in the U.S. Service Compressor Units, including, but not limited to,
leasehold interests set forth on Schedule 5 (such leasehold interests, the
“U.S. Leasehold Interests”), (iii) the Equipment owned and used by CFSI to conduct
CFSI’s U.S.-based production enhancement services business, including, but not limited
to, Equipment set forth on Schedule 6 (such Equipment, the “U.S. Service
Equipment”), (iv) all of the Leaseco Interests, (v) all of the membership interests in
Compressco Dutch Co-op that are owned by CFSI (the “CFSI Dutch Co-op Interest”), (vi)
all of the Compressco Holdings Interests, (viii) all of the Argentina Sub 1 Interests
and (viii) all of the Argentina Sub 2 Interests; and (b)

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	 	 	 	assign to OPCO all of CFSI’s right, title and interest in (i) the Leaseco Loan and
(ii) the Cansub Loan.
	 
	 	B.9 	 	 CFSI shall convey and contribute to the General Partner all of CFSI’s right,
title and interest in (a) all of the OPCO Interests, (b) all of the CFSI Intellectual
Property, (c) all of the assets (other than any CFSI Intellectual Property, Indonesian
Equipment or Indonesian Contracts) and liabilities constituting CFSI’s (i)
manufacturing business and (ii) production enhancement equipment rental business,
including, but not limited to, Assets & Liabilities set forth on Schedule 7
(such assets and liabilities, the “MLP Sub Business”), and (d) all of CFSI’s remaining
assets and liabilities that are not conveyed with the Previously Contributed Assets,
including, but not limited to, Assets & Liabilities set forth on Schedule 8
(such assets and liabilities, collectively, the “Other Assets & Liabilities” and,
together with such OPCO Interests, the CFSI Intellectual Property and the MLP Sub
Business, the “GP Contribution”), in exchange for the assumption by the General Partner
of a $32.2 million liability owed by CFSI to Tetra Financial Services, Inc. (the
“Intercompany Liability”).
	 
	 	B.10 	 	 The Partnership shall (a) redeem the Initial LP Interest and the Initial GP
Interest in the Partnership held by the General Partner and (b) refund and distribute
to the General Partner the initial capital contributions made by CFSI and the General
Partner to the Partnership, along with any interest or other profit that resulted from
the investment or other use of such initial capital contributions.
	 
	 	B.11 	 	 The General Partner shall convey and contribute to the Partnership all of the
General Partner’s right, title and interest in the GP Contribution, in exchange for (a)
a 2.0% general partner interest in the Partnership, (b) the Incentive Distribution
Rights, (c) 5,303,546 Common Units, (d) 5,521,094 Subordinated Units, (e) a right to
receive the proceeds from the Over-Allotment Option (as hereinafter defined) and/or
additional Common Units (to the extent the Over-Allotment Option is not exercised) and
(f) the assumption by the Partnership of the Intercompany Liability.
	 
	 	B.12 	 	 TII shall (a) cancel its lease agreements with respect to the Equipment that
TII currently leases to CP Mexico and PE Mexico, including, but not limited to,
Equipment set forth on Schedule 9 (such Equipment, the “TII Equipment”), and
convey and contribute to the Partnership all of TII’s right, title and interest in and
to the TII Equipment, and (b) convey and contribute to the Partnership all of TII’s
right, title and interest in all of the membership interests (such membership
interests, the “Providence Interest”) of Providence Natural Gas, LLC, an Oklahoma
limited liability company and wholly owned subsidiary of TII, and TII’s 0.002%
ownership interest in the membership interests of PE Mexico (such 0.002%, the “PE
Mexico Interest”) (such TII Equipment, the Providence Interest and the PE Mexico
Interest, together, the “TII Contribution”) in exchange for 723,211 Common Units and
752,876 Subordinated Units.

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	 	B.13 	 	 The Partnership shall convey and contribute to OPCO all of the Partnership’s
right, title and interest in and to (a) the TII Contribution, (b) a Joint Intellectual
Property Interest and (c) the Other Assets & Liabilities.
	 
	 	B.14 	 	 OPCO shall (a) convey and contribute (i) to Compressco Holdings all of OPCO’s
right, title and interest in 1.0% of the Providence Interest, and Compressco Holdings
shall convey and contribute to Compressco Dutch Co-op all of Compressco Holdings’
right, title and interest in such 1.0% of the Providence Interest, (ii) to Compressco
Dutch Co-op all of OPCO’s right, title and interest in 99.0% of the Providence
Interest, and (iii) to Leaseco all of OPCO’s right, title and interest in and to the
TII Equipment, and (b) sell to Compressco Dutch BV all of OPCO’s right, title and
interest in the PE Mexico Interest, in exchange for $526
	 
	 	B.15 	 	 Compressco Dutch Co-op shall convey and contribute to Compressco Dutch BV all
of Compressco Dutch Co-op’s right, title and interest in the Providence Interest.
	 
	 	B.16 	 	 Pursuant to the Underwriting Agreement (as hereinafter defined), the
Underwriters (as hereinafter defined) shall contribute $53.4 million in cash to the
Partnership in exchange for 2,670,000 Common Units.
	 
	 	B.17 	 	 The public shall purchase, through the Underwriters, 2,670,000 Common Units for
an aggregate price of $53.4 million in cash, less amounts of (a) $3,417,600 in the
aggregate (the “Spread”), payable to the Underwriters for the Underwriters’ discount of
6.4%, and (b) $133,500 in the aggregate (the “Structuring Fee”), payable to Raymond
James & Associates, Inc. and J.P. Morgan Securities, Inc. for a structuring fee.
	 
	 	B.18 	 	 The Partnership shall use a portion of the net proceeds received from the IPO
to (a) pay IPO-related transaction expenses (excluding the Spread and the Structuring
Fee) estimated to be approximately $7.3 million, (b) pay TETRA Financial Services, Inc.
to retire the Intercompany Liability, and (c) pay financing fees and related
transactions costs incurred in connection with the placement of a new revolving credit
facility of the Partnership, and the Partnership shall convey and contribute to OPCO
the remaining net proceeds of the IPO for use in growing its wellhead compression-based
and other related production enhancement services business.
	 
	 	B.19 	 	 The Partnership shall convey and contribute to MLP Sub all of the Partnership’s
right, title and interest in (a) the MLP Sub Business and (b) a Joint Intellectual
Property Interest.
	 
	 	B.20 	 	 Leaseco and Compressco Dutch BV shall enter into a Equipment Rental Contract,
dated of even date herewith (the “Lease Agreement”), pursuant to which Leaseco shall
lease to Compressco Dutch BV the TII Equipment.
	 
	 	B.21 	 	 Compressco Dutch BV, CP Mexico and PE Mexico shall enter into a Equipment
Rental Subcontract, dated of even date herewith (a “Sublease Agreement”),

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	 	 	 	pursuant to which Compressco Dutch BV shall sublease to CP Mexico and PE Mexico the
TII Equipment.
	 
	 	B.22 	 	 If the Underwriters exercise the Over-Allotment Option, in whole or in part,
the Partnership shall distribute the exercise proceeds (excluding the Spread and the
Structuring Fee) to the General Partner. If the Over-Allotment Option is not exercised
or is partially exercised, then the Partnership shall distribute any and all Common
Units not sold pursuant to the exercise of the Over-Allotment Option to the General
Partner.

     NOW, THEREFORE, in consideration of the mutual covenants, representations, warranties and
agreements herein contained, the Parties hereby agree as follows:

ARTICLE I

DEFINITIONS

     The terms set forth below in this ARTICLE I shall have the meanings ascribed to them below:

     “Assets & Liabilities” means, with respect to any business, all Equipment, Owned Real
Property, Tangible Personal Property, Intellectual Property, Permits, Contracts, Books and Records,
Rights and Claims, Other Intangible Assets, all accrued expenses and any scheduled liabilities of
the business.

     “Books and Records” means collectively books, records, ledgers, files, invoices, documents,
work papers, correspondence, lists (including customer lists and supplier lists), all tangible and
digital or electronic copies of technology, designs, formulae (chemical and otherwise), copies of
software, databases, procedures, schedules, methods, discoveries, processes, techniques, research
and development, technical data, tools, materials, specifications, information technology
infrastructure, apparatuses, creations, improvements, works of authorship in any media,
confidential, proprietary or non-public information, and other similar materials.

     “CFSI Intellectual Property” means (i) all Intellectual Property owned by CFSI and used or
held by CFSI and used by CFSI to conduct its businesses, (ii) the TETRA Intellectual Property and
(iii) the Compressco Intellectual Property.

     “Closing Date” has the meaning assigned to such term in the Underwriting Agreement.

     “Commission” means the U.S. Securities and Exchange Commission.

     “Common Unit” has the meaning assigned to such term in the Partnership Agreement.

     “Compressor Unit” means a wellhead compressor unit, including GasJack® compressor units and
VJackTM compressor units.

     “Contract” means any contract, agreement, option, right to acquire, preferential purchase
right, preemptive right, warrant, indenture, debenture, note, bond, loan, loan agreement,

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collective bargaining agreement, lease, mortgage, franchise, license, purchase order, bid,
commitment, letter of credit, guaranty, surety or any other legally binding arrangement, whether
oral or written.

     “Effective Time” means the time at which the Registration Statement is declared effective by
the Commission.

     “Equipment” means all Compressor Units, well monitoring assets, automated sand separation
assets, together with any tangible components thereof, all related appliances, parts, accessories,
appurtenances, accessions, additions, improvements and replacements thereto, all other equipment or
components of any nature from time to time incorporated or installed therein and all substitutions
for any of the foregoing.

     “Incentive Distribution Rights” has the meaning assigned to such term in the Partnership
Agreement.

     “Intellectual Property” means all of the following intellectual property owned or held by the
conveying entity: (a) patents and patent applications; (b) registered and unregistered copyrights
and copyright applications; (c) trademarks, service marks, trade names, logos, and trade dress,
common law or statutory, together with the goodwill associated therewith, and any registrations or
applications for the foregoing; (d) domain names; (e) trade secrets and confidential information,
including but not limited to, confidential manufacturing and marketing information; and (f) the
right to sue and collect for past, present and future infringement and misappropriation of all such
intellectual property.

     “Joint Intellectual Property Interest” shall mean a joint and undivided interest in and to the
CFSI Intellectual Property, which joint and undivided interest is subject to terms and conditions
of the Joint Ownership Interest Agreement, dated of even date hereof, by and between MLP Sub and
OPCO.

     “Other Intangible Assets” means any other intangible assets included in the balance sheet of
the conveying entity, including all goodwill associated therewith.

     “Over-Allotment Option” has the meaning assigned to such term in the Partnership Agreement.

     “Owned Real Property” means all real property owned and used in connection with the ownership
and operations of the business.

     “Partnership Agreement” means the Amended and Restated Agreement of Limited Partnership of the
Partnership, dated as of the date hereof.

     “Permits” means all permits, licenses, certificates, authorizations and approvals granted by
any governmental authority and used or held in connection with the operation of the business.

     “Previously Contributed Assets” means the Initial LP Interest, the Cansub Shares, the Cansub
Assets, the Mexico Sub 1 Interest, the Mexico Sub 2 Interest, the Cansub Loan and Cansub Loan
Agreement, the Compressco Dutch BV Interests, the Domestic Services Contracts,

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the U.S. Leasehold Interests, the U.S. Service Equipment, the Leaseco Interests, the CFSI
Dutch Co-op Interest, the Compressco Holdings Interests, the Argentina Sub 1 Interests, the
Argentina Sub 2 Interests, the Leaseco Loan and Leaseco Loan Agreement, the OPCO Interests, the
CFSI Intellectual Property and the MLP Sub Business and all Assets & Liabilities conveyed
therewith.

     “Registration Statement” means the Registration Statement on Form S-1 filed with the
Commission (Registration No. 333-155260), as amended and effective at the Effective Time.

     “Rights and Claims” means all of the conveying entity’s rights, claims, counterclaims, cross
claims, credits, causes of action or rights of set-off against third parties relating to the other
Assets & Liabilities, including, without limitation, unliquidated rights under manufacturers’ and
vendors’ warranties and claims under or against insurance policies.

     “Securities Act” means the Securities Act of 1933, as amended.

     “Subordinated Unit” has the meaning assigned to such term in the Partnership Agreement.

     “Tangible Personal Property” means all of the Equipment, tools, machinery, parts, products,
materials, supplies, cars, trucks, trailers and other rolling stock and each other item of tangible
personal property used or owned in the conduct of the business.

     “Underwriters” means those underwriters listed in the Underwriting Agreement.

     “Underwriting Agreement” means that certain Underwriting Agreement between Raymond James &
Associates, Inc. and J.P. Morgan Securities, Inc., as representatives of the Underwriters, the
General Partner and the Partnership, dated as of June 14, 2011.

ARTICLE II

CONTRIBUTION, SALE, ACKNOWLEDGEMENTS AND DISTRIBUTIONS

     Section 2.1 Contribution of CFSI’s Limited Partner Interest in the Partnership to the
General Partner. CFSI hereby grants, contributes, conveys, assigns, transfers, sets over and
delivers to the General Partner, its successors and assigns, for its and their own use forever, all
of CFSI’s right, title and interest in and to the Initial LP Interest, and the General Partner
hereby accepts all of CFSI’s right, title and interest in and to the Initial LP Interest.

     Section 2.2 Contribution of Intellectual Property by TETRA to Compressco. TETRA
hereby grants, contributes, conveys, assigns, transfers, sets over and delivers to Compressco, its
successors and its assigns, for its and their own use forever, all of TETRA’s right, title and
interest in and to all of the TETRA Intellectual Property, and Compressco hereby accepts all of
TETRA’s right, title and interest in and to the TETRA Intellectual Property.

     Section 2.3 Contribution of Intellectual Property by Compressco to CFSI. Compressco
hereby grants, contributes, conveys, assigns, transfers, sets over and delivers to CFSI, its
successors and its assigns, for its and their own use forever, all of Compressco’s right, title and
interest in and to all of the Compressco Intellectual Property, and CFSI hereby accepts all of
Compressco’s right, title and interest in and to the Compressco Intellectual Property.

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     Section 2.4 Contribution of the Cansub Shares by Compressco to CFSI. Compressco
hereby grants, contributes, conveys, assigns, transfers, sets over and delivers to CFSI, its
successors and its assigns, for its and their own use forever, all of Compressco’s right, title and
interest in and to all of the Cansub Shares, and CFSI hereby accepts all of Compressco’s right,
title and interest in and to the Cansub Shares.

     Section 2.5 Sale of the Cansub Assets by CFSI to Cansub. CFSI hereby grants,
contributes, conveys, assigns, transfers, sets over and delivers to Cansub, its successors and its
assigns, for its and their own use forever, all of CFSI’s right, title and interest in and to the
Cansub Assets, and Cansub hereby accepts all of CFSI’s right, title and interest in and to the
Cansub Assets, in exchange for $3,600,000 and the Cansub Loan, and Cansub hereby agrees to pay,
perform and discharge, as and when due, all of the obligations of Cansub under the Cansub Loan
Agreement accruing on and after the date of this Agreement.

     Section 2.6 Contribution of the Cansub Shares, the Mexico Sub 1 Interests and the Mexico
Sub 2 Interests by CFSI to Compressco Dutch BV. CFSI hereby grants, contributes, conveys,
assigns, transfers, sets over and delivers to Compressco Dutch BV, its successors and its assigns,
for its and their own use forever, all of CFSI’s right, title and interest in and to (a) all of the
Cansub Shares, (b) all of the Mexico Sub 1 Interests and (c) all of the Mexico Sub 2 Interests, and
Compressco Dutch BV hereby accepts all of CFSI’s right, title and interest in and to such ownership
interests.

     Section 2.7 Contribution and Transfer of Ownership Interests in Compressco Dutch BV by
CFSI to Compressco Dutch Co-op and Compressco Holdings. (a) CFSI hereby agrees to contribute
and transfer the full legal and beneficial title to 17,820 shares in the issued share capital of
Compressco Dutch BV (being 99.0% of the total issued share capital) to Compressco Dutch Co-op, its
successors and its assigns, for its and their own use forever, and Compressco Dutch Co-op hereby
agrees to accept the full legal and beneficial title to such shares, each by executing a Dutch
notarial deed of transfer of shares, as a result of which the membership account of CFSI shall be
credited with the value of the 17,820 contributed shares in accordance with article 14 paragraph 2
of the articles of association of Compressco Dutch Co-op, and (b) CFSI hereby agrees to contribute
and transfer the full legal and beneficial title to 180 shares in the issued share capital of
Compressco Dutch BV (being 1.0% of the total issued share capital) to Compressco Holdings, its
successors and its assigns, for its and their own use forever, and Compressco Holdings hereby
agrees to accept the full legal and beneficial title to such shares, each by executing a Dutch
notarial deed of transfer of shares. Compressco Dutch BV undertakes to acknowledge the transfers of
the shares by co-signing the Dutch notarial deeds of transfer and hereby agrees to enter the
transfers of the shares in its shareholders’ register forthwith.

10

 

     Section 2.8 Contribution of 1.0% of Ownership Interests in Compressco Dutch BV by
Compressco Holdings to Compressco Dutch Co-op. Compressco Holdings hereby agrees to contribute
and transfer the full legal and beneficial title to 180 shares in the issued share capital of
Compressco Dutch BV (being 1.0% of the total issued share capital) to Compressco Dutch Co-op, its
successors and its assigns, for its and their own use forever, and Compressco Dutch Co-op hereby
agrees to accept the full legal and beneficial title to such shares, each by executing a Dutch
notarial deed of transfer of shares, as a result of which the membership account of Compressco
Holdings shall be credited with the value of the 180 contributed shares in accordance with article
14 paragraph 2 of the articles of association of Compressco Dutch Co-op. Compressco Dutch BV
undertakes to acknowledge the transfer of the shares by co-signing the Dutch notarial deed of
transfer and hereby agrees to enter the transfer of the shares in its shareholders’ register
forthwith.

     Section 2.9 Contribution of the Domestic Services Contracts, U.S. Leasehold Interests,
U.S. Service Equipment, Leaseco Loan, Leaseco Interests, Ownership Interests in Dutch Co-op,
Compressco Holdings Interest, Cansub Loan, Argentina Sub 1 Interests and Argentina Sub 2 Interests
by CFSI to OPCO. CFSI hereby grants, distributes, conveys, assigns, transfers, sets over and
delivers to OPCO, its successors and assigns, for its and their own use forever, all of CFSI’s
right, title and interest in and to (a) the Domestic Services Contracts, (b) the U.S. Leasehold
Interests, (c) the U.S. Service Equipment, (d) the Leaseco Loan, (e) all of the Leaseco Interests,
(f) the CFSI Dutch Co-op Interest, (g) all of the Compressco Holdings Interests, (h) the Cansub
Loan; (i) all of the Argentina Sub 1 Interests and (j) all of the Argentina Sub 2 Interests, and
OPCO hereby accepts all of CFSI’s right, title and interest in and to each of the items set forth
in clauses (a) through (j) above, assumes all of CFSI’s duties and obligations under each of the
items set forth in clauses (a), (b), (d) and (h) above, and agrees to pay, perform and discharge,
as and when due, all of CFSI’s obligations under each of the agreements governing the items set
forth in clauses (a), (b), (d) and (h) accruing on and after the date of this Agreement.

     Section 2.10 Contribution of the GP Contribution by CFSI to the General Partner. CFSI
hereby grants, contributes, conveys, assigns, transfers, sets over and delivers to the General
Partner, its successors and its assigns, for its and their own use forever, all of CFSI’s right,
title and interest in and to the GP Contribution, and the General Partner hereby accepts all of
CFSI’s right, title and interest in and to the GP Contribution, assumes all of CFSI’s duties and
obligations under the liabilities of the MLP Sub Business and the Other Assets & Liabilities, and
agrees to pay, perform and discharge, as and when due, all of the obligations of CFSI under the
agreements governing the liabilities of the MLP Sub Business and the Other Assets & Liabilities
accruing on and after the date of this Agreement, in exchange for the assumption by the General
Partner of the Intercompany Liability, and the General Partner hereby accepts the Intercompany
Liability, assumes all of CFSI’s duties and obligations under the Intercompany Liability, and
agrees to pay, perform and discharge, as and when due, all of CFSI’s obligations under the
Intercompany Liability accruing on and after the date of this Agreement.

     Section 2.11 Redemption of the Initial Partner Interests in the Partnership and the Return
of Initial Capital Contributions. The Partnership (a) hereby redeems the Initial LP Interest
and the Initial GP Interest in the Partnership held by the General Partner and (b) hereby refunds
and distributes to the General Partner the initial capital contributions made by CFSI and

11

 

the General Partner to the Partnership along with any interest or other profit that resulted
from the investment or other use of such initial capital contributions.

     Section 2.12 Contribution of the GP Contribution by the General Partner to the
Partnership. The General Partner hereby grants, contributes, conveys, assigns, transfers, sets
over and delivers to the Partnership, its successors and its assigns, for its and their own use
forever, all of the General Partner’s right, title and interest in and to the GP Contribution, and
the Partnership hereby accepts all of the General Partner’s right, title and interest in and to the
GP Contribution, assumes all of the General Partner’s duties and obligations under the liabilities
of the MLP Sub Business and the Other Assets & Liabilities, and agrees to pay, perform and
discharge, as and when due, all of the obligations of the General Partner under the agreements
governing the liabilities of the MLP Sub Business and the Other Assets & Liabilities accruing on
and after the date of this Agreement, in exchange for (a) the assumption of the Intercompany
Liability by the Partnership, and the Partnership hereby accepts the Intercompany Liability,
assumes all of the General Partner’s duties and obligations under the Intercompany Liability, and
agrees to pay, perform and discharge, as and when due, all of the obligations of the General
Partner under the Intercompany Liability accruing on and after the date of this Agreement, and (b)
(i) a 2.0% general partner interest in the Partnership (ii) the Incentive Distribution Rights,
(iii) 5,303,546 Common Units, (iv) 5,521,094 Subordinated Units, and (v) the right to receive
proceeds from the Over-Allotment Option and/or additional Common Units (to the extent the
Over-Allotment Option is not exercised), and the General Partner hereby accepts each of the items
set forth in clauses (i) through (v) above.

     Section 2.13 Cancellation of TII Equipment Rental Contracts by TII, CP Mexico and PE
Mexico. (a) Each of TII and CP Mexico hereby acknowledge the cancellation and termination of
that Equipment Rental Contract, dated November 1, 2008, by and between TII and CP Mexico, pursuant
to which TII leased compressor units and related equipment to CP Mexico, and (b) each of TII and PE
Mexico hereby acknowledge the cancellation and termination of that Equipment Rental Contract, dated
November 1, 2008, by and between TII and PE Mexico, pursuant to which TII leased compressor units
and related equipment to PE Mexico.

     Section 2.14 Contribution of the TII Contribution by TII to the Partnership. TII
hereby grants, contributes, conveys, assigns, transfers, sets over and delivers to the Partnership,
its successors and its assigns, for its and their own use forever, all of TII’s right, title and
interest in and to the TII Contribution, and the Partnership hereby accepts all of TII’s right,
title and interest in and to the TII Contribution, in exchange for (a) 723,211 Common Units, and
(b) 752,876 Subordinated Units, and TII hereby accepts such Common Units and Subordinated Units.

     Section 2.15 Contribution of the TII Contribution and the Other Assets & Liabilities by
the Partnership to OPCO. The Partnership hereby grants, contributes, conveys, assigns,
transfers, sets over and delivers to OPCO, its successors and its assigns, for its and their own
use forever, all right, title and interest in and to the TII Contribution, a Joint Intellectual
Property Interest and the Other Assets & Liabilities, and OPCO hereby accepts all of the
Partnership’s right, title and interest in and to the TII Contribution, such Joint Intellectual
Property Interest, and the Other Assets & Liabilities, assumes all of the Partnership’s duties and

12

 

obligations under the liabilities of the Other Assets & Liabilities, and agrees to pay,
perform and discharge, as and when due, all of the obligations of the Partnership under the
liabilities of the Other Assets & Liabilities accruing on and after the date of this Agreement.

     Section 2.16 Contribution of Ownership Interests in Providence by OPCO to Compressco
Holdings and Compressco Dutch Co-op. (a) OPCO hereby grants, contributes, conveys, assigns,
transfers, sets over and delivers to Compressco Holdings, its successors and its assigns, for its
and their own use forever, all of OPCO’s right, title and interest in and to 1.0% of the Providence
Interest, and Compressco Holdings hereby accepts all of OPCO’s right, title and interest in and to
such 1.0% of the Providence Interest, and (b) OPCO hereby grants, contributes, conveys, assigns,
transfers, sets over and delivers to Compressco Dutch Co-op, its successors and its assigns, for
its and their own use forever, all of OPCO’s right, title and interest in and to 99.0% of the
Providence Interest, and Compressco Dutch Co-op hereby accepts all of OPCO’s right, title and
interest in and to such 99.0% of the Providence Interest, as a result of which the membership
account of OPCO shall be credited with the total value of the above-mentioned contribution of 99.0%
of the Providence Interest, in accordance with article 14 paragraph 2 of the articles of
association of Compressco Dutch Co-op.

     Section 2.17 Contribution of Ownership Interests in Providence by Compressco Holdings to
Compressco Dutch Co-op. Compressco Holdings hereby grants, contributes, conveys, assigns,
transfers, sets over and delivers to Compressco Dutch Co-op, its successors and its assigns, for
its and their own use forever, all of Compressco Holdings’ right, title and interest in and to 1.0%
of the Providence Interest, and Compressco Dutch Co-op hereby accepts all of Compressco Holdings’
right, title and interest in and to such 1.0% of the Providence Interest, as a result of which the
membership account of Compressco Holdings shall be credited with the total value of the
above-mentioned contribution of 1.0% of the Providence Interest, in accordance with article 14
paragraph 2 of the articles of association of Compressco Dutch Co-op.

     Section 2.18 Contribution of the TII Equipment by OPCO to Leaseco. OPCO hereby
grants, contributes, conveys, assigns, transfers, sets over and delivers to Leaseco, its successors
and its assigns, for its and their own use forever, all right, title and interest in and to the TII
Equipment, and Leaseco hereby accepts all of OPCO’s right, title and interest in and to the TII
Equipment.

     Section 2.19 Sale of PE Mexico Interest by OPCO to Compressco Dutch BV. OPCO hereby
grants, contributes, conveys, assigns, transfers, sets over and delivers to Compressco Dutch BV,
its successors and its assigns, for its and their own use forever, all of OPCO’s right, title and
interest in and to the PE Mexico Interest, and Compressco Dutch BV hereby accepts all of OPCO’s
right, title and interest in and to the PE Mexico Interest, in exchange for $526.

     Section 2.20 Contribution of Ownership Interests in Providence by Compressco Dutch Co-op
to Compressco Dutch BV. Compressco Dutch Co-op hereby grants, contributes, conveys, assigns,
transfers, sets over and delivers to Compressco Dutch BV, its successors and its assigns, for its
and their own use forever, all of Compressco Dutch Co-op’s right, title and interest in and to the
Providence Interest, and Compressco Dutch BV hereby accepts all of Compressco Dutch Co-op’s right,
title and interest in and to such ownership interests.

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     Section 2.21 Underwriters’ Cash Contribution. The Parties hereby acknowledge that the
Underwriters have, pursuant to the Underwriting Agreement, made a capital contribution to the
Partnership of $53.4 million in cash (or, a net capital contribution to the Partnership of
$49,848,900 after the Spread and the Structuring Fee payable to Raymond James & Associates, Inc.
and J.P. Morgan Securities, Inc), in exchange for the issuance by the Partnership to the
Underwriters of 2,670,000 Common Units.

     Section 2.22 Payment of Transaction Expenses by the Partnership and Contribution of Net
Proceeds by the Partnership to OPCO. The Parties hereby acknowledge (a) the payment by the
Partnership, in connection with the transactions contemplated hereby, of estimated transaction
expenses in the amount of approximately $7.3 million (exclusive of the Spread and the Structuring
Fee), (b) the payment of $32.2 million to TETRA Financial Services to retire the Intercompany
Liability, (c) the payment of $375,000 of financing fees and related transactions costs incurred in
connection with the placement of a new revolving credit facility of the Partnership, and (d) the
contribution by the Partnership to OPCO of $9.93 million of the net proceeds received from the IPO
for use in growing the Partnership’s wellhead compression-based and other related production
enhancement services business.

     Section 2.23 Contribution of the MLP Sub Business by the Partnership to MLP Sub. The
Partnership hereby grants, contributes, conveys, assigns, transfers, sets over and delivers to MLP
Sub, its successors and its assigns, for its and their own use forever, all right, title and
interest in and to the MLP Sub Business and a Joint Intellectual Property Interest, and MLP Sub
hereby accepts such MLP Sub Business and such Joint Intellectual Property Interest, assumes all of
the Partnership’s duties and obligations under the liabilities of the MLP Sub Business, and agrees
to pay, perform and discharge, as and when due, all of the obligations of the Partnership under the
liabilities of the MLP Sub Business accruing on and after the date of this Agreement.

     Section 2.24 Lease Agreement by and between Leaseco and Compressco Dutch BV. Leaseco
and Compressco Dutch BV hereby acknowledge the effectiveness of the Lease Agreement, pursuant to
which Leaseco shall lease to Compressco Dutch BV the TII Equipment.

     Section 2.25 Sublease Agreement by and among Compressco Dutch BV, CP Mexico and PE
Mexico. Compressco Dutch BV, CP Mexico and PE Mexico hereby acknowledge the effectiveness of
the Sublease Agreement, pursuant to which Compressco Dutch BV shall sublease to CP Mexico and PE
Mexico the TII Equipment.

ARTICLE III

ADDITIONAL TRANSACTIONS

     Section 3.1 Sale and Purchase of Additional Common Units. If the Over-Allotment
Option is exercised in whole or in part, the Underwriters shall contribute additional cash to the
Partnership (the “Proceeds”), in exchange for up to an additional 400,500 Common Units on the basis
of the IPO price per Common Unit set forth in the Registration Statement, net of the Spread and the
Structuring Fee.

14

 

     Section 3.2 Exercise of the Over-Allotment Option. The Parties hereby acknowledge
that, if the Underwriters elect to exercise the Over-Allotment Option, the Partnership shall
distribute that portion of the Proceeds to the General Partner that is equal in value to the amount
by which the value of the GP Contribution exceeded the value of the Common Units and Subordinated
Units received by the General Partner in exchange for the GP Contribution. If the Underwriters do
not exercise or partially exercise the Over-Allotment Option, the Partnership shall distribute to
the General Partner the Common Units that are not purchased by the Underwriters pursuant to the
Over-Allotment Option.

ARTICLE IV

FURTHER ASSURANCES

     From time to time after the Closing Date, and without any further consideration, the Parties
hereby agree to execute, acknowledge and deliver all such additional deeds, assignments, bills of
sale, conveyances, instruments, notices, releases, acquittances and other documents, and to do all
such other acts and things, all in accordance with applicable law, as may be necessary or
appropriate (a) more fully to assure that the applicable Parties own all of the properties, rights,
titles, interests, estates, remedies, powers and privileges granted by this Agreement, or which are
intended to be so granted, (b) more fully and effectively to vest in the applicable Parties and
their respective successors and assigns beneficial and record title to the interests contributed
and assigned by this Agreement or intended to be so and (c) more fully and effectively to carry out
the purposes and intent of this Agreement.

ARTICLE V

CLOSING DATE

     Notwithstanding anything contained in this Agreement to the contrary, none of the provisions
of ARTICLE II and ARTICLE III of this Agreement shall be operative or have any effect until the
Closing Date, at which time all the provisions of ARTICLE II of this Agreement shall be effective
and operative in accordance with ARTICLE VI, without further action by any Party hereto.

ARTICLE VI

MISCELLANEOUS

     Section 6.1 Order of Completion of Transactions. The transactions provided for in
Article II and Article III of this Agreement shall be completed on the Closing Date in the
following order: first, the transactions provided for in Article II shall be completed on the
Closing Date in the order set forth therein; and second, following the completion of the
transactions provided for in Article II, the transactions provided for in Article III, if they
occur, shall be completed.

     Section 6.2 Headings; References; Interpretation. All Article and Section headings in
this Agreement are for convenience only and shall not be deemed to control or affect the meaning or
construction of any of the provisions hereof. The words “hereof,” “herein” and “hereunder” and
words of similar import, when used in this Agreement, shall refer to this Agreement as a whole,
including, without limitation, all Schedules and Exhibits attached hereto,

15

 

and not to any particular provision of this Agreement. All references herein to Articles,
Sections, Schedules and Exhibits shall, unless the context requires a different construction, be
deemed to be references to the Articles and Sections of this Agreement and the Schedules and
Exhibits attached hereto, and all such Schedules and Exhibits attached hereto are hereby
incorporated herein and made a part hereof for all purposes. All personal pronouns used in this
Agreement, whether used in the masculine, feminine or neuter gender, shall include all other
genders, and the singular shall include the plural and vice versa. The use herein of the word
“including” following any general statement, term or matter shall not be construed to limit such
statement, term or matter to the specific items or matters set forth immediately following such
word or to similar items or matters, whether or not non-limiting language (such as “without
limitation”, “but not limited to”, or words of similar import) is used with reference thereto, but
rather shall be deemed to refer to all other items or matters that could reasonably fall within the
broadest possible scope of such general statement, term or matter.

     Section 6.3 Successors and Assigns. This Agreement shall be binding upon and inure to
the benefit of the Parties and their respective successors and assigns.

     Section 6.4 No Third-Party Rights. The provisions of this Agreement are intended to
bind the Parties as to each other and are not intended to and do not create rights in any other
person or confer upon any other person any benefits, rights or remedies, and no person is or is
intended to be a third party beneficiary of any of the provisions of this Agreement.

     Section 6.5 Counterparts. This Agreement may be executed in any number of counterparts
with the same effect as if all signatories had signed the same document. All counterparts shall be
construed together and shall constitute one and the same instrument.

     Section 6.6 Choice of Law. This Agreement shall be subject to and governed by the laws
of the State of Delaware. Each Party hereby submits to the jurisdiction of the state and federal
courts in the State of Delaware.

     Section 6.7 Severability. If any of the provisions of this Agreement are held by any
court of competent jurisdiction to contravene, or to be invalid under, the laws of any political
body having jurisdiction over the subject matter hereof, such contravention or invalidity shall not
invalidate the entire Agreement. Instead, this Agreement shall be construed as if it did not
contain the particular provisions or provisions held to be invalid and an equitable adjustment
shall be made and necessary provision added so as to give effect to the intention of the Parties as
expressed in this Agreement at the time of execution of this Agreement.

     Section 6.8 Amendment or Modification. This Agreement may be amended or modified from
time to time only by the written agreement of all the Parties. Each such instrument shall be
reduced to writing and shall be designated on its face as an amendment to this Agreement.

     Section 6.9 Integration. This Agreement and the instruments referenced herein
supersede all previous understandings or agreements among the Parties, whether oral or written,
with respect to the subject matter of this Agreement and such instruments. This Agreement and such
instruments contain the entire understanding of the Parties with respect to the subject matter

16

 

hereof and thereof. No understanding, representation, promise or agreement, whether oral or
written, is intended to be or shall be included in or form part of this Agreement unless it is
contained in a written amendment hereto executed by the Parties after the date of this Agreement.

     Section 6.10 Deed; Bill of Sale; Assignment and Assumption Agreement. To the extent
required and permitted by applicable law, this Agreement shall also constitute a “deed,” “bill of
sale” or “assignment and assumption agreement” of the assets, interests and obligations granted,
contributed, conveyed, assigned, transferred, set over and delivered herein.

(Remainder of page intentionally left blank. Signature pages follow.)

17 

 

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

	 	 	 	 	 
	 	COMPRESSCO, INC.

 	 
	 	By:  	/s/
Ronald J. Foster	 
	 	 	Name:  	Ronald J. Foster 	 
	 	 	Title:  	President 	 
	 
	 	COMPRESSCO FIELD SERVICES, INC.

 	 
	 	By:  	/s/
Ronald J. Foster	 
	 	 	Name:  	Ronald J. Foster 	 
	 	 	Title:  	President 	 
	 
	 	COMPRESSCO CANADA, INC.

 	 
	 	By:  	/s/
Ronald J. Foster	 
	 	 	Name:  	Ronald J. Foster 	 
	 	 	Title:  	President 	 
	 
	 	COMPRESSCO DE MEXICO, S. DE R.L. DE C.V.

 	 
	 	By:  	/s/
Philip N. Longorio	 
	 	 	Name:  	Philip N. Longorio 	 
	 	 	Title:  	President 	 
	 
	 	COMPRESSCO PARTNERS GP INC.

 	 
	 	By:  	/s/
Ronald J. Foster	 
	 	 	Name:  	Ronald J. Foster 	 
	 	 	Title:  	President 	 
	 

CONTRIBUTION, CONVEYANCE AND ASSUMPTION AGREEMENT

 

 

	 	 	 	 	 
	 	COMPRESSCO PARTNERS, L.P.

 	 
	 	By:  	Compressco Partners GP Inc., 	 
	 	 	its general partner 	 
	 	 	 	 
	 
	 	 	 
	 	By:  	/s/ Ronald J. Foster	 
	 	 	Name:  	Ronald J. Foster 	 
	 	 	Title:  	President 	 
	 
	 	COMPRESSCO PARTNERS OPERATING, LLC

 	 
	 	By:  	Compressco Field Services, Inc., 	 
	 	 	its sole member 	 
	 	 	 	 
	 
	 	 	 
	 	By:  	/s/ Ronald J. Foster 	 
	 	 	Name:  	Ronald J. Foster 	 
	 	 	Title:  	President 	 
	 
	 	COMPRESSCO NETHERLANDS B.V.

 	 
	 	By:  	Intertrust (Netherlands) B.V.
 	 
	 	 	 	 
	 	 	 	 
	 
	 	 	 
	 	By:  	/s/
A. Konijn	 
	 	 	Name:  	
A. Konijn	 
	 	 	Title:  	Managing Director	 
	 
	 	COMPRESSCO HOLDINGS, LLC

 	 
	 	By:  	Compressco Field Services, Inc.,
 its sole member
 	 
	 	 	 	 
	 	 	 	 
	 
	 	 	 
	 	By:  	/s/ Ronald J. Foster
 	 
	 	 	Name:  	Ronald J. Foster 	 
	 	 	Title:  	President 	 
	 

CONTRIBUTION, CONVEYANCE AND ASSUMPTION AGREEMENT

 

 

	 	 	 	 	 
	 	COMPRESSCO NETHERLANDS 
COÖPERATIEF U.A.

 	 
	 	By:  	Intertrust (Netherlands) B.V.
 	 
	 	 	 	 
	 	 	 
	 	By:  	/s/
A.Konijn
 	 
	 	 	Name:  	A.Konijn	 
	 	 	Title:  	Managing Director	 
	 
	 	COMPRESSCO PARTNERS SUB, INC.

 	 
	 	By:  	/s/ Ronald J. Foster	 
	 	 	Name:  	Ronald J. Foster 	 
	 	 	Title:  	President 	 
	 
	 	TETRA INTERNATIONAL INCORPORATED

 	 
	 	By:  	/s/ Stuart M. Brightman	 
	 	 	Name:  	Stuart M. Brightman 	 
	 	 	Title:  	President 	 
	 
	 	PRODUCTION ENHANCEMENT MEXICO,
S.
 DE R.L. DE C.V.

 	 
	 	By:  	/s/ Bass C. Wallace	 
	 	 	Name:  	Bass C. Wallace 	 
	 	 	Title:  	Secretary 	 
	 
	 	TETRA TECHNOLOGIES INC.

 	 
	 	By:  	/s/
Stuart M. Brightman	 
	 	 	Name:  	Stuart M. Brightman 	 
	 	 	Title:  	President and Chief Executive Officer 	 
	 

CONTRIBUTION, CONVEYANCE AND ASSUMPTION AGREEMENT

 

 

SCHEDULE 1

U.S. SERVICE COMPRESSOR UNITS

1-1

 

 

SCHEDULE 2

CANSUB EQUIPMENT

2-1

 

 

SCHEDULE 3

INDONESIAN EQUIPMENT and INDONESIAN CONTRACTS

3-1

 

 

SCHEDULE 4

DOMESTIC SERVICES CONTRACTS

4-1

 

 

SCHEDULE 5

U.S. LEASEHOLD INTERESTS

5-1

 

 

SCHEDULE 6

U.S. SERVICE EQUIPMENT

6-1

 

 

SCHEDULE 7

MLP SUB BUSINESS

7-1

 

 

SCHEDULE 8

OTHER ASSETS & LIABILITIES

8-1

 

 

SCHEDULE 9

TII EQUIPMENT

9-1

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