Document:

Long Term Incentive Award Agreement

 EXHIBIT 10.13 
 LONG TERM INCENTIVE AWARD AGREEMENT 
 THIS LONG TERM
INCENTIVE AWARD AGREEMENT (the “Award Agreement”), entered into as of June 30, 2008 by and between Phillip Lancaster (“Executive”) and Great While Energy Services LLC (the
“Company”): 
 WITNESSETH: 

WHEREAS, the GWES Corporation and Executive previously entered into a long term incentive award dated August 9, 2007
(the “2007 Award”) pursuant to which Executive was granted shares of restricted stock in GWES Corporation subject to the terms and conditions of the 2007 Award; and 

WHEREAS, Executive is a key executive of the Company, and the Company desires to make a long term incentive award to the
Executive in accordance with the terms of this Award Agreement; and 
 WHEREAS, in consideration of the award to
be granted by this Award Agreement, the Executive will relinquish all right, title and interest, whether vested or unvested, in the 2007 Award. 
 NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth and for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Executive and the
Company hereby agree as follows: 
 Section 1. Grant of Award. The Company hereby grants to
Executive a long term incentive award (the “Award”) of up to Two Million Dollars ($2,000,000), under and subject to the terms and conditions of this Award Agreement. 

Section 2. Vesting and Payment of Award. 
 (a) Vesting. The Award will become vested in four equal annual increments beginning June 30, 2008, and continuing on June 30 of each subsequent year through and including 2011 (each, a
“Vesting Date” and collectively, the “Vesting Dates”) as set forth below, subject to the Executive’s continuous employment with the Company or an affiliate of the Company on each Vesting Date.

  

							
	 Vesting Year
	  	Award Amount	 	  	 Vesting Dates

			
	 7/1/2007 – 6/30/2008
	  	$	500,000	  	  	June 30, 2008
	 7/1/2008 – 6/30/2009
	  	$	500,000	  	  	June 30, 2009
	 7/1/2009 – 6/30/2010
	  	$	500,000	  	  	June 30, 2010
	 7/1/2010 – 6/30/2011
	  	$	500,000	  	  	June 30, 2011

 (b) Payment of Award in Cash. Except as otherwise provided in this Award Agreement,
payment of each vested portion of the Award will be made to the Executive in cash within 60 days after the applicable Vesting Date. 
 (c) Payment of Award in Equity After Initial Public Offering. Notwithstanding the terms of Section 2(b), but subject to the requirements of Section 2(a), in the event the Company, GWES
Holdings LLC, a Delaware limited liability company and the sole member of the Company, or any successor (by merger, assignment, consolidation or otherwise) (“Pubco”) initiates an initial public offering of its equity
securities (“Equity Securities”) in any jurisdiction (a “Pubco IPO”), all outstanding Award amounts, including any vested Award amounts that are not yet required to be paid, will become payable in the
form of Equity Securities rather than in cash. The number of Equity Securities to be issued to the Executive of each such date shall be determined by dividing the portion of the Award that becomes vested on such date by the price per share of Equity
Securities paid by the public in the Pubco IPO. The number of Equity Securities attributable to each Vesting Date will be computed shortly after the Pubco IPO as provided in the preceding sentence, and will not vary from one Vesting Date to another.
For purposes of this Section 2(c), Pubco shall be deemed to have “initiated” the Pubco IPO if it files a registration statement with the U.S. Securities and Exchange Commission, if the Pubco IPO is to occur in the United States, or
takes other comparable steps in any applicable foreign jurisdiction, if the Pubco IPO is to occur in a non-U.S. jurisdiction. Payments of Equity Securities under this Section 2(c) will be made within 60 days after the applicable Vesting Date,
or if later, upon the closing of the Pubco IPO, provided that if a Pubco IPO shall have been initiated before the
60th day following a Vesting Date but not completed by
March 1 of the year following such Vesting Date, the applicable vested and outstanding Award amount shall be paid to Executive in cash by March 15th of such year. 
 (d) Equity Securities. If and when Equity Securities become vested and payable to the Executive in accordance with this Award Agreement, Pubco shall deliver to Executive one or more certificates
representing such Equity Securities 
 (e) Forfeiture on Termination of Employment. Except as provided in
Section 2(f) below, if Executive’s employment with the Company terminates for any reason, the unvested portion of such Award shall be forfeited and neither Executive nor any other person shall have any interest therein in any manner.

 (f) Accelerated Vesting on Termination by Death, Disability or By the Company Without Cause. In the event
Executive’s employment is terminated (i) as a result of the Executive’s death or disability; or (ii) by the Company without Cause before June 30, 2011, Executive shall become vested in and entitled to receive a pro rata
portion of the Award that would otherwise have become vested on the Vesting Date next following such termination of employment, based upon the number of days that the Executive was employed by the Company during the period beginning on the preceding
July 1 and ending on the termination date. The remaining unvested portion of the Award shall be forfeited and neither Executive nor any other person shall have any interest therein in any manner. 

(g) Definition of Cause. “Cause” for termination by the Company means (i) the indictment or conviction of
Executive of any felony or of a misdemeanor involving an act of fraud or 

  
 2 

 
dishonesty or of a crime of moral turpitude, (ii) the commission of any act of fraud or dishonesty in the performance of his duties for or on behalf of the Company, (iii) any failure by
Executive to comply with lawful directives of the Company after five (5) business days written notice to Executive, (iv) any breach by Executive of his obligations under Section 8 of this Award Agreement, or (v) after ten
(10) business days written notice and opportunity to cure, any uncured material breach by Executive of any other term or provision of this Award Agreement, or his obligations as an employee of the Company including without limitation the
inability or failure of Executive to devote his full business time and attention to his duties as an officer and employee of the Company. 
 Section 3. Release of Rights Relating to 2007 Award. In consideration of the rights granted under this Award Agreement, the Executive releases and discharges all rights of the Executive
under the 2007 Award, including without limitation all shares of stock, interests or other rights of any kind granted thereunder, whether vested or unvested. Executive represents and warrants to the Company that he has not assigned, transferred,
pledged or hypothecated to any third party any rights of any kind arising under or relating to the 2007 Award. 

Section 4. Nontransferability of Award. The unvested portion of the Award and any vested portion of
the award that consists of Equity Securities that are not freely tradable may not be assigned, transferred, pledged or hypothecated in any way, shall not be assignable by operation of law and shall not be subject to execution, attachment, or similar
process. Any attempted assignment, transfer, pledge, hypothecation or other disposition of such Equity Securities or unvested portion of the Award shall be null and void and without effect. 

Section 5. Employment. So long as Executive shall continue to be an employee of the Company or an
affiliate of the Company, the Award shall not be affected by any change of duties or position. Nothing in this Award Agreement shall confer upon Executive any right to continue in the employ of the Company or interfere in any way with the right of
the Company to terminate Executive’s employment at any time with or without cause or with or without notice, 
 Section 6. Securities Law Restrictions. The Equity Securities shall only be issued upon compliance with the Securities Act of 1933, as amended (the “Act”), and
any other applicable securities laws and regulations of the United States and any other applicable jurisdictions, or pursuant to an exemption therefrom. If deemed necessary by the Company to comply with the Act or any applicable laws or regulations
relating to the issuance, sale or holding of securities, Executive, at the time of vesting and as a condition imposed by the Company, shall represent, warrant and agree that the shares of Equity Securities subject to the Award are being acquired for
investment and not with any present intention to distribute or resell the same in violation of applicable securities laws or regulations or provide such other representation and warranty as the Company may request, and Executive shall, upon the
request of the Company, execute and deliver to the Company an agreement to such effect. Executive acknowledges that any Equity Securities issued under this Award Agreement will not have been registered with the U.S. Securities and Exchange
Commission or with any state or foreign government or regulatory body and that any certificate representing Equity Securities issued under this Award Agreement will bear a restrictive securities legend. Executive agrees to enter into a lockup
agreement with any underwriters in connection with a Pubco IPO on terms substantially similar to any lockup agreement entered into by the Company or its senior officers and directors. 

  
 3 

 Section 7. Withholding of Taxes. The Company may make
such provision as it may deem appropriate for the withholding of any applicable foreign, federal, state or local taxes that it determines it may be obligated to withhold or pay in connection with the (i) vesting of the Award, (ii) payment
of cash, or (iii) the delivery or disposition of Equity Securities acquired upon vesting of the Award, 

Section 8. Confidential Information, Non-Solicitation and Non-Disparagement Covenants. 

(a) Confidential Information. Executive acknowledges that, in and as a result of his employment by the Company, Executive will
have access to, use or be privy to confidential information of a special and unique nature and value, including, without limitation, the Company’s and its affiliated entities’ trade secrets, bid prices, contractual terms (prospective or
otherwise), marketing plans, financial information, results and forecasts, systems, business decisions, plans, procedures, strategies and policies, legal matters, manuals, guides, personnel, confidential reports and communications, lists and contact
information of customers, and intellectual property (collectively, the “Confidential Information”). Executive acknowledges and agrees that all non-public information and materials received from, acquired by or on behalf of
the Company or any other party or prepared, designed or created for the benefit of the Company shall be deemed to be and shall be included in the definition of Confidential Information. Executive acknowledges and agrees the Confidential Information
is and shall remain the sole and exclusive property of the Company. Executive shall not, except with the prior written consent of the Company, as applicable, or except if Executive is acting as an employee of the Company solely for the benefit of
the Company in connection with the Company’s business and in accordance with the Company’s business practices and employee policies, at any time during or following the term of his employment with the Company, directly or indirectly, use,
divulge, reveal, report, publish, transfer or disclose, for any purposes whatsoever, any Confidential Information, unless required to do so by applicable Court order or legal process and, in such an event, Executive shall (i) provide prompt
written notice to the Company of Executive’s receipt of any subpoena, Court order or similar legal process so that the Company may take whatever steps the Company deems appropriate to protect the Company’s interests, and
(ii) cooperate with such steps by the Company at the sole expense of the Company. 
 (b) Non-Recruitment of Other
Company Employees. Except as provided for in Section 8(g), during the term of Executive’s employment and for a period of two (2) years thereafter, whether termination be by the Company or by Executive, with or without Cause,
Executive will not directly or indirectly (i) recruit, solicit, encourage or induce any employee of the Company or its affiliated entities to terminate such employment, (ii) otherwise disrupt any such employee’s relationship with the
Company or its affiliated entities, or (iii) whether individually or as owner, agent, employee, consultant or otherwise, hire, employ or offer employment to any person who is or was employed by the Company or an Affiliate thereof, whether or
not such engagement is solicited by Executive. 

  
 4 

 (c) Non-Solicitation of Customers, Suppliers or Other Persons. Except as provided for
in Section 8(g), during the term of Executive’s employment and for a period of two (2) years thereafter, whether such termination is by Company or by Employee, with or without Cause, Executive shall not: 

(i) solicit, induce or attempt to induce any current customer of the Company or its affiliated entities,
or past customer who was a customer during the 12-month period prior to Executive’s termination, to cease doing business in whole or in part with our through the Company or its affiliated entities or otherwise disrupt any previously established
relationship existing between such customer and the Company or its affiliated entities; or 

(ii) solicit, induce or attempt to induce any supplier, lessor, licensor, or other person who has a
business relationship with the Company or its affiliated entities, or who on the date Executive’s employment hereunder is terminated is engaged in discussions or negotiations to enter into a business relationship with the Company or its
affiliated entities, to discontinue or reduce the extent of such relationship with the Company or its affiliated entities; or 
 (iii) seek to persuade any employee of the Company or its affiliated entities or any person who was an employee of the Company or its affiliated entities during the twelve (12) month period prior to
the Executive’s termination, to discontinue his or her status or employment with the Company or its Affiliate or to become employed in a business or activities likely to be competitive with the Company or its Affiliate. 

(d) Non-Disparagement. Executive shall not, directly or indirectly, disparage, denigrate or make negative comments about the
Company (including, but not limited to, the entities and individuals collectively related to the Company to include, but not be limited to, Holdings, Pubco, and Wexford Capital LLC), their employees or directors during or after the term of this
Award Agreement. 
 (e) Injunctive Relief. Executive acknowledges and understands that the provisions of this
Section 8 are of a special and unique nature, the loss of which cannot be adequately compensated for in damages by an action at law, and that the breach or threatened breach of the provisions of this Section 8 would cause the Company
irreparable harm. In the event of a breach or threatened breach by Executive of this Section 8, the Company shall be entitled to an injunction restraining him from such breach without the necessity of proving actual damage. Nothing contained in
this Award Agreement shall be construed as prohibiting the Company from pursuing, or limiting the Company’s ability to pursue, any other remedies available for any breach or threatened breach of this Award Agreement by Executive. The provision
of this Award Agreement relating to arbitration of disputes shall not be applicable to the Company to the extent it seeks an injunction in any court to restrain Executive from violating this Section 8. 

(f) Reformation. In the event that the provisions of this Section 8 should ever be deemed to exceed the time, scope or
geographic limitations permitted by applicable law, then such provision shall be deemed reformed to the maximum time, scope or geographic limitations permitted by applicable law. A court or arbitrator hearing any such dispute is empowered and
authorized by the parties to reform this Award Agreement to the maximum time, scope or geographic limitations permitted by applicable law. 

  
 5 

 (g) Michael Fernandez Exception. Notwithstanding anything to the contrary in this
Agreement, the non-recruitment, non-solicitation and non-hiring obligations of Executive, as set forth in subsections 8(b) and 8(c) of this Agreement, shall not apply to Michael Fernandez. Executive shall have the right to recruit, solicit and/or
hire Michael Fernandez anytime after his employment with the Company terminates. 
 Section 9.
Notices. All notices or other communications relating to this Award Agreement as it relates to Executive shall be in writing and shall be delivered personally or mailed (U.S. Mail) (a) by the Company to Executive at the then current
address as maintained by the Company or such other address as Executive may advise the Company in writing and (b) the Executive to the Company, attn. President and attn. General Counsel at the then current address of the Company with a copy of
Wexford Capital LLC, 411 West Putnam Avenue, Greenwich, CT 06830, attn. General Counsel. 
 Section 10.
Amendment and Modification. This Award Agreement may be amended, modified or supplemented only by a written agreement, signed by the parties hereto that specifically refers to this Award Agreement and specifically states that it is
intended to amend, modify or supplement this Award Agreement. 
 Section 11. Successors and
Assigns. The Company may assign any of its rights under this Award Agreement. Executive may not assign any of his rights or obligations under this Award Agreement. This Award Agreement shall be binding upon and inure to the benefit of the
successors and assigns of the Company. Subject to the restrictions on transfer set forth herein, this Award Agreement shall be binding upon Executive and Executive’s heirs, executors, administrators and legal representatives. 

Section 12. Governing Law, Venue, Jurisdiction. Except as provided in Section 13 regarding the
Federal Arbitration Act, all issues and questions concerning the construction, validity, enforcement and interpretation of this Award Agreement shall be governed by, and construed in accordance with, the laws of the State of Oklahoma, without giving
effect to any choice of law or conflict of law rules or provisions (whether of the State of Oklahoma or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Oklahoma. 

Section 13. Consent to Jurisdiction / Jury Trial Waiver. Each of the parties irrevocably and
unconditionally (a) consents to the exclusive jurisdiction of any federal or state court of Oklahoma sitting in Oklahoma City, OK and agrees that all actions or proceedings arising out of or relating to this Agreement or the transactions
contemplated hereby (an “Action”) shall be litigated exclusively in such courts; (b) waives any objection which it may now or hereafter have to the venue of any such proceeding in such courts and any claim that an Action
bought in such courts has been brought in an inconvenient forum; (c) waives any right to a trial by jury in any Action; and (d) agrees that the prevailing party in any Action shall be entitled to recover its reasonable fees and expenses in
connection therewith, including legal fees. 

  
 6 

 Section 14. Pre-Litigation Dispute Resolution through
Mediation. To the extent that a dispute among the parties arises out of the terms of this Award Agreement or the parties’ rights and obligations under this Award Agreement, then parties shall negotiate in good faith to resolve such
dispute for no less than fifteen (15) days. If the parties are unable to resolve such dispute within the fifteen (15) day time period, then the parties shall submit such dispute to non-binding mediation. Costs of the mediation service
and/or mediator shall be split equally among the parties. Notwithstanding any other provision of this Section, no party shall have any obligation to engage in mediation in the event: (a) the Company commences litigation to seek injunctive
relief; (b) the relief requested in any litigation is a request for emergency or expedited equitable relief; (c) the other party fails to respond to, refuses to participate in or fails to participate in the mediation process. 

Section 15. Severability. Each section, subsection and lesser section of this Award Agreement
constitutes a separate and distinct undertaking, covenant or provision hereof. In the event that any provision of this Award Agreement shall be determined to be invalid, unenforceable, in violation of any regulatory obligation, or create a material
significant obstacle to an initial public offering, such provision shall be deemed limited by construction in scope and effect to the minimum extent necessary to render the same valid and enforceable, and, in the event such a limiting construction
is impossible, such invalid or unenforceable provision shall be deemed severed from this Award Agreement, but every other provision of this Award Agreement shall remain in full force and effect. In the event that any portion of the Award
consideration provided to Executive is deemed severed from this Award Agreement pursuant to this Section 16, then the Company shall ensure that Executive is provided with reasonably equivalent substituted consideration, 

Section 16. Waiver. No failure on the part of either party to this Award Agreement to exercise, and no
delay in exercising, any right, power or remedy created hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any right, power or remedy by any such party preclude any other or further exercise thereof or the
exercise of any other right, power or remedy. No waiver by any party hereto to any breach of, or default in, any term or condition of this Award Agreement shall constitute a waiver of or assent to any succeeding breach of or default in the same or
any other term or condition hereof. The terms and provisions of this Award Agreement, whether individually or in their entirety, may only be waived in a writing signed by the party against whom or which the enforcement of such waiver is sought and
explicitly providing that such writing is intended to waive a term or provision under this Award Agreement. 

Section 17. Counterparts. This Award Agreement may be executed in two or more counterparts, by
facsimile or other electronic signature, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 
 Section 18. Headings. The section headings contained in this Award Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Award
Agreement. 
 Section 19. Entire Agreement. This Award Agreement embodies the entire
agreement and understanding of the parties hereto in respect of the subject matter contained herein. This Award Agreement supersedes all prior agreements and understandings between the parties with respect to such subject matter. 

[SIGNATURE PAGE TO FOLLOW] 

  
 7 

 IN WITNESS WHEREOF, the parties have executed this Award Agreement as of the
day and year first above written. 
  

									
	GREAT WHITE ENERGY SERVICES LLC	 		 		 	PHILLIP LANCASTER
					
	By:	 	 /s/ ARTHUR AMRON
	 		 		 	 /s/ PHILLIP LANCASTER

	Name:	 	 Arthur Amron
	 		 		 	
	Title	 	 Vice President, Assistant Secretary
	 		 		 	

  
 8Employee Retention Agreement

 EXHIBIT 10.14 
 GREAT WHITE ENERGY SERVICES LLC 
 EMPLOYEE RETENTION AGREEMENT

 CONFIDENTIAL 
 This Employee Retention Agreement (“Agreement”) is made and entered into between Great White Energy Services LLC, a Delaware limited liability company (“Great White”), and Phillip G.
Lancaster (“Employee”) effective as of August 16, 2010 (the “Effective Date”). 
 1. Employee is
currently employed by Great White as its Chief Executive Officer. Great White wishes to encourage Employee to remain with Great White through November 16, 2010, (the “Search Period”) and for a subsequent period ending
November 16, 2011 (the “Continuation Period”). 
 2. Unless Employee’s employment is earlier terminated for
Cause, by voluntary departure or by reason of death or permanent disability, the following shall apply: (a) Employee’s base salary and benefits during the Search Period shall remain as it is on the Effective Date, (b) Starting at the
end of the Search Period until the end of the Continuation Period, Employee’s base salary shall be One Hundred and Twenty Thousand Dollars ($120,000.00) and Employee shall continue to receive benefits as they are on the Effective Date, and
(c) at the end of the Continuation Period, Great White will, no later than thirty (30) days thereafter, pay Employee Five Hundred Thousand Dollars ($500,000.00) (a “Completion Event Payment”) subject to the limitation in
Section 7 and the condition in Section 11(G) of this Agreement. 
 3. If prior to the expiration of the Continuation
Period (1) Great White enters into an agreement with a third party buyer to convey all or substantially all of the assets, accounts or ownership of Great White to such third party, or (2) a reorganization or consolidation of Great White or
its assets is undertaken as part of an initial public offering (either of (1) or (2) hereinafter referred to as a “Control Event”), Great White wishes to encourage Employee to remain with Great White through the consummation of
any such conveyance, reorganization or consolidation pursuant to the Control Event (a “Control Event Closing”) and for ninety (90) days thereafter (a “Qualifying Date”) in no event shall the Qualifying Date occur after
November 16, 2011. Should a Control Event Closing occur, in consideration for Employee’s continuous employment by Great White through the Qualifying Date, Great White will pay Employee Five Hundred Thousand Dollars ($500,000.00) (a
“Control Event Payment”). Such payment shall be made within thirty (30) days following a Qualifying Date, subject to the limitation in Section 7 and the condition in Section 11(G) of this Agreement. 

4. If prior to the end of the Continuation Period Great White terminates Employee’s employment without Cause and other than by
reason of death or permanent disability, Employee will be entitled to (a) a severance payment of five hundred thousand dollars ($500,000.00) payable within sixty (60) days following the effective date of such termination (a “Severance
Event Payment”), subject to the limitation in Section 7 and the condition in Section 11(G) of this Agreement; and (b) the remaining amount of unpaid base salary owed to Employee for the Continuation Period. 

 P. Lancaster Retention Agmt. 

 

 5. If Employee’s employment is terminated after the Effective Date by reason of
death or permanent disability, Employee and/or Employee’s Beneficiary as described below will be entitled to (a) the Severance Event Payment (subject to the limitation in Section 7 below) payable within thirty (30) days following
the effective date of such termination; and (b) the remaining amount of unpaid base salary owed to Employee for the Continuation Period. Any payment which becomes payable after the death of Employee shall be paid first to Employee’s
Primary Beneficiary and if such Primary Beneficiary does not survive Employee to Employee’s Contingent Beneficiary. As used in this Agreement, Employee’s Primary Beneficiary and Contingent Beneficiary shall mean the persons designated as
such by Employee pursuant to a Designation of Beneficiary Form provided by Great White and executed by Employee pursuant to procedure established by Great White. At any time prior to Employee’s death, Employee may change the Designation of
Beneficiary or, contingent Beneficiary by filing a properly executed Beneficiary Designation Form with Great White which meets the requirements hereof. For purposes of this Agreement, Employee shall be deemed to be permanently disabled only if the
Employee is eligible for long-term disability benefits under the Great White Basic Life with Accidental Death & Dismemberment Policy. 
 6. In the event Great White terminates Employee’s employment for Cause neither Employee nor any Beneficiary of Employee will be entitled to any payment not yet payable under this Agreement.

 7. For the purposes of this Section 7 and Sections 10 and 11(A) below, a Completion Event Payment, Control Event Payment
and Severance Event Payment are together referred to as an “Event Payment.” Notwithstanding anything to the contrary in this Agreement, under no circumstances shall Employee (together with any Beneficiary of Employee, if applicable) ever
be entitled to more than one Event Payment under this Agreement (in other words, the total amount payable by Great White for all Event Payments combined is limited to Five Hundred Thousand Dollars ($500,000.00)). 

8. Any payments due under Sections 2(c), 3, 4 or 5 above shall paid to Employee (or any Beneficiary of Employee, if applicable) as a lump
sum, less appropriate deductions and/or withholdings, pursuant to the Company’s customary human resource and employee payroll practices. 
 9. This Agreement is not a contract of employment. No provision of this Agreement shall be construed to affect the employment-at-will relationship between Great White and Employee. The employment
relationship may be terminated at any time by either Great White or Employee, whether for Cause, without Cause or otherwise. 

10. Solely for the purpose of establishing Employee’s rights to an Event Payment, “Cause” as a basis for termination of
Employee’s employment shall mean (a) Employee’s conviction of any criminal violation involving dishonesty, fraud or moral turpitude; (b) Employee’s failure to comply with reasonable directives of the Company that result in
material injury to Great White; or (c) Employee’s material breach of any term or provision of this Agreement. 

  
 2 

 P. Lancaster Retention Agmt. 

 

 11. Miscellaneous Provisions. 

 

	 	(A)	 Employee and Great White expressly agree that any Event Payment made pursuant to this Agreement is in addition to any other benefits or compensation
to which Employee may be entitled by reason of employment with Great White as provided for in this Agreement. 

  

	 	(B)	 This Agreement shall be governed by and construed in accordance with the laws of the State of Oklahoma. The parties agree that all actions or
proceedings arising in connection with this Agreement shall be tried and litigated only in state and federal courts located within the County of Oklahoma, State of Oklahoma. 

 

	 	(C)	 Great White may withhold from any amounts payable under this Agreement all federal, state, city or other taxes as required by law, government
regulation or ruling and payment may be made pursuant to the direct deposit arrangement between Employee and Great White in effect as of the payment date. 

 

	 	(D)	 This Agreement may not be amended or modified except by a writing signed by both Great White and Employee which specifically states that it is
intended to amend or modify this Agreement. A waiver, modification or amendment by a party shall only be effective if (a) it is in writing and signed by the parties, (b) it specifically refers to this Agreement and (c) it specifically
states that the party, as the case may be, is waiving, modifying or amending its rights hereunder. Any such amendment, modification or waiver shall be effective only in the specific instance and for the specific purpose for which it was given.

  

	 	(E)	 This Agreement constitutes the entire agreement and understanding of Great White and Employee in respect of the subject matter hereof and supersedes
all prior understandings, agreements or representations by or among Great White and Employee, written or oral, to the extent they relate in any way to the subject matter hereof, with the exception that any bonus to which Employee is or becomes
entitled to under his agreements with Great White dated August 9, 2007, including without limitation the bonus earned from June 1, 2009 through June 30, 2010 with a balance as of the Effective date in the amount of $320,000 to be
delivered to Employee in payments of $30,000 for the next ten months and a final payment of $20,000 on the eleventh month, shall be payable in accordance with such agreements notwithstanding anything in this Agreement to the contrary.

  

	 	(F)	 The existence, terms, and conditions of this Agreement are and shall be deemed to be confidential and shall not be disclosed by Employee to any
other person or entity except as may be required by law and except that Employee may disclose the terms of the Agreement with his spouse, attorney and accountant (as to whom Employee shall relay the instant confidentiality requirement and for whom
Employee shall be responsible for any disclosure by them). Employee further agrees not to solicit or initiate any demand by others not party to this Agreement for any disclosure of the existence, terms, and conditions of this Agreement.

  
 3 

 P. Lancaster Retention Agmt. 

 

	 	(G)	 In exchange for and as a condition to receiving any Event Payment under this Agreement, upon termination of employment for any reason, with or
without Cause, Employee shall execute a Release Agreement in the form of Exhibit “A” attached. 

IN WITNESS WHEREOF, the parties have executed this on the 16th day of August, 2010. 
  

	
	EMPLOYEE
	
	 /s/ PHILLIP G. LANCASTER

	Phillip G. Lancaster
	
	GREAT WHITE ENERGY SERVICES LLC
	
	 /s/ MIKE LIDDELL

	By: Mike Liddell

  
 4 

 Exhibit “A” 

to Employee Retention Agreement dated August     , 2010 

AGREEMENT AND GENERAL RELEASE 
 On this      day of                     ,
201     Great White Energy Services LLC (the “Company”) and Phillip G. Lancaster (“Employee”), enter into this AGREEMENT AND GENERAL RELEASE (“Agreement”) in
connection with the termination of the Employee’s employment with the Company. The Company and Employee agree to the terms and conditions set forth below. Employee acknowledges that he was provided with a copy of this Agreement on
                    , 201    , that he has had twenty-one (21) days from his receipt of this Agreement to
consider it, and that he has been advised that if he wishes to enter into this Agreement, he may accept this Agreement by signing it and returning it to Randy Holder, the Company’s General Counsel, prior to the expiration of such twenty-one
(21) day period. Employee further acknowledges that he has been advised that following his execution of this Agreement, he has the right to revoke this Agreement for a period of seven (7) days by providing written notice to Randy Holder.
In the event that Employee executes this Agreement within the twenty-one (21) day acceptance period and does not revoke the Agreement within the seven (7) day revocation period, the effective date of this Agreement shall be the eighth
(8th) day after Employee signs the Agreement (the “Effective Date”). 
 1. Employee’s employment with
the Company was terminated effective as of                     , 201     (the “Termination Date”).

 2. Provided that Employee has accepted and not revoked his acceptance of this Agreement or is not in material breach of this
Agreement as described in paragraph 5(f) below (a) the Company will pay the Company’s portion of the cost of continued medical coverage (if any) for Employee on the current terms of such coverage through the end of the month that includes
the Termination Date, and (b) Employee shall have the right to continue medical and dental insurance benefits at the sole expense of Employee under COBRA. 
 3. Employee hereby agrees and acknowledges that the payment of the consideration provided for in paragraph 2 and any Event Payment under the Employee Retention Agreement between Employee and Company dated
August     , 2010 is in full satisfaction and discharge of any and all of the Company’s liabilities and obligations to Employee, including, without limitation, any agreements, written or oral, between Employee and the
Company. 
 4. In exchange for the consideration described in this Agreement, Employee for himself and for his heirs, executors,
administrators, trustees, legal representatives and assigns (collectively, “Releasors”), hereby forever releases and discharges the Company, its Clients (as defined below), its past or present parent companies, shareholders,
subsidiaries, affiliates, successors and assigns and any of its or their past or present directors, officers, members, attorneys, agents, trustees, administrators, employees, or assigns (whether acting as agents for the Company or in their
individual capacities) (collectively, “Releasees”) from any and all claims, demands, causes of action, and liabilities of any kind whatsoever (upon any legal or equitable theory, whether contractual, common law, statutory, federal,
state, local, or otherwise), whether known or 

  
 1 

 
unknown, by reason of any act, omission, transaction or occurrence which Releasors ever had, now have or hereafter can, shall or may have against Releasees for, upon or by reason of any act,
omission, transaction or occurrence up to and including the Effective Date. “Clients” shall mean the clients and accounts managed or served by the Company, and “Client” shall mean any such client or account. 

Without limiting the generality of the foregoing, Releasors hereby release and discharge Releasees from: 

(i) any and all claims relating to Employee’s employment by the Company, the terms and conditions of such
employment, and the employee benefits related to his employment and/or his separation from such employment; 

(ii) any and all claims of employment discrimination and/or retaliation under any federal, state or local statute or
ordinance, to the fullest extent provided by law, any and all claims under the Age Discrimination in Employment Act, Title VII of the Civil Rights Act, the Americans with Disabilities Act, the Employee Retirement Income Security Act; 

(iii) any public policy, contract, tort, or common law obligation; and 

(iv) any and all claims for attorney’s fees, costs, disbursements and the like which Releasors ever had, now have or
hereafter can, shall or may have against Releasees for, upon or by reason of any act, omission, transaction or occurrence up to and including the date of the execution of this Agreement. 

5.(a) Employee agrees that, except as otherwise required by law, he will not, at any time hereafter, commence, maintain, prosecute,
participate in as a party, or permit to be filed by any other person on his behalf, any action or proceeding of any kind, judicial or administrative (on his own behalf and/or on behalf of any other person and/or on behalf of or as a member of any
alleged class of person) in any court or agency against the Company, its Clients or any of its past or present parent companies, shareholders, subsidiaries, divisions, affiliates, employee benefit plans, successors and assigns (collectively,
“Related Entities”) and any of its or their past or present directors, officers, agents, trustees, administrators, attorneys, employees or assigns (collectively, “Related Persons”) with respect to any act, omission,
transaction or occurrence up to and including the date of the execution of this Agreement. Employee further represents that he has not commenced, maintained, prosecuted, or participated in any of the above-described events. 

Employee further confirms Employee has no known workplace injuries or occupational diseases. Employee further confirms Employee has
received or been paid for all leave (paid or unpaid), compensation, wages, bonuses, commissions, and/or benefits to which Employee may be entitled and that no other leave (paid or unpaid), compensation, wages, bonuses, commissions and/or benefits
are due to Employee, except as provided in this Agreement. Employee specifically confirms that Employee has been paid all monies owed and granted any leave requested under the Family and Medical Leave Act. 

Employee further affirms that Employee has not been retaliated against for reporting any allegations of wrongdoing by the Company or its
officers. 

  
 2 

 (b) The existence, terms, and conditions of this Agreement are and shall be
deemed to be confidential and shall not be disclosed by Employee to any other person or entity except as may be required by law and except that Employee may disclose the terms of the Agreement with his spouse, attorney and accountant (as to whom
Employee shall relay the instant confidentiality requirement and for whom Employee shall be responsible for any disclosure by them). Employee further agrees not to solicit or initiate any demand by others not party to this Agreement for any
disclosure of the existence, terms, and conditions of this Agreement. 
 (c) Employee agrees that he will not
engage in any conduct that is injurious to the reputation and interest of the Company or any of its Related Persons or Related Entities, including. 
 (d) Employee represents and warrants that at the Termination Date he provided the Company with all Company and Client property in his possession, including, without limitation, keys and corporate credit
cards, computer passwords of which he has knowledge, records to which he has access, any information belonging to the Company in any tangible form (any documents, memoranda and/or files, faxes, and any means of data storage such as computer disks,
CD ROMS, etc.), and/or equipment, identification cards, books, notes, etc. The determination as to whether Employee has so provided such Company property rests solely with the Company. 

(e) Employee agrees and acknowledges that he remains bound under the terms of any agreement with the Company or its
affiliates relating to non-competition and the use or disclosure of confidential information. 
 (f) 

6. Employee agrees to cooperate with the Company and its counsel in connection with any investigation, administrative proceeding or
litigation relating to any matter in which he was involved or of which he has have knowledge as a result of his employment by the Company. Such cooperation shall include, without limitation, meeting with the Company or its counsel and appearing as a
witness at any deposition, hearing, trial or other proceeding in any such action as and to the extent requested by the Company, provided he is compensated for his time spent preparing and attending such proceedings, in a fair and reasonable amount.

 7. The making of this Agreement is not intended, and shall not be construed, as an admission that the Company or its Related
Entities or Related Persons have violated any federal, state or local law (statutory or decisional), ordinance or regulation, breached any contract or committed any wrong whatsoever. 

8. Employee acknowledges that: (a) he has carefully read this Agreement in its entirety; (b) he has had an opportunity to
consider fully the terms of this Agreement; (c) he has been advised by the Company in writing to consult with an attorney of his own choosing in connection with this Agreement; (d) he fully understands the significance of all of the terms
and conditions of this Agreement; (e) he has discussed it with his independent legal counsel, or has had a reasonable opportunity to do so; (f) he has had answered to his satisfaction any questions he has asked with regard to the meaning
and significance of any of the provisions of this Agreement; (g) he is 

  
 3 

 
signing this Agreement voluntarily and of his own free will and assents to all the terms and condition contained herein; (h) Employee agrees that any modifications, material or otherwise,
made to this Agreement do not restart or affect in any manner the original consideration period; (i) as of the date of execution of this Agreement he is forty (40) years of age or older; and (j) Employee confirms Employee has
been given at least twenty-one calendar days to consider this Agreement and been informed that Employee should consult with an attorney prior to execution of this Agreement. 
 9.(a) This Agreement represents the complete understanding between the parties and supersedes any and all prior agreements and/or understandings between the parties, whether written or oral, except as
specified herein. 
 (b) Notwithstanding the previous paragraph, Employee acknowledges that he continues to be bound, to the
extent applicable, by the provisions and provisions of any agreement referenced in paragraph 5(e) hereof. 
 10. This Agreement
shall be construed and enforced in accordance with the substantive laws of the State of Oklahoma. Except for Claims (as defined below) that are governed by arbitration, Employee and the Company (a) consent to the exclusive jurisdiction of the
state and federal courts located in the State of Oklahoma for the resolution of any dispute regarding or arising out of this Agreement, (b) agree not to commence any action or proceeding related hereto except in such court, and
(c) irrevocably waive any objection to the venue of such action or proceeding in any such court and irrevocably waive any Claim that such action has been brought in an inconvenient forum. 

11. If, at any time after the date of the execution of this Agreement, any provision of this Agreement shall be held to be illegal, void
or unenforceable by a court of competent jurisdiction, such provision shall be of no force and effect. However, the illegality or unenforceability of such provision shall have no effect upon, and shall not impair the enforceability of, any other
provision of this Agreement; provided that, upon a finding by a court of competent jurisdiction that the General Release executed by Employee is illegal and/or unenforceable, this Agreement will be voidable at the discretion of the Company.

 12. This Agreement is binding upon, and shall inure to the benefit of, the parties and their respective heirs, executors,
administrators, successors and assigns. 
 13. The parties agree that this Agreement may only be used as evidence in a
subsequent proceeding in which any of the parties allege a breach of this Agreement or seeks to assert a right under this Agreement. The parties further agree that this Agreement shall not be filed with a court or used for any other purpose.

 14. Employee agrees to arbitrate any and all disputes, claims, or controversies (“Claims”) against the
Company any and all related or affiliated entities, and all current and former owners, partners, officers, directors, employees, agents, successors and assigns including those arising out of or relating to Employee’s Employment, the cessation
of Employment or any other dispute, including any Claim that could have been presented to or could have been brought before any court. Because this dispute-resolution provision is intended to resolve all Claims between the

  
 4 

 
Company and Employee (other than as identified in subsection 14(F) below), the Company reciprocally and in consideration hereof shall initiate or participate in arbitration regarding any matter
covered by this Agreement or any dispute with Employee (unless otherwise stated in a superseding written agreement that explicitly limits the obligation to arbitrate). Employee and the Company also agree: 

A. To waive the right to a jury trial, even for Claims that are not subject to arbitration under this Agreement; 

B. That the decision or award of the arbitrator shall be final and binding upon the parties. The arbitrator shall have the power to award
any type of legal or equitable relief available in a court of competent jurisdiction including attorneys’ fees, to the extent such damages are available under law. Because any arbitral award may be entered as a judgment or order in any court of
competent jurisdiction, any relief or recovery to which Employee may be entitled upon any Claim (including those arising out of employment, cessation of employment, or any Claim of unlawful discrimination) shall be limited to that awarded by the
arbitrator; 
 C. That the arbitration shall be conducted in Oklahoma County, Oklahoma by a single arbitrator in accordance with
the National Rules for the Resolution of Employment Disputes of the American Arbitration Association; 
 D. That any Claim for
arbitration will be timely only if brought within the time in which an administrative charge or complaint would have been filed if the Claim was one which could be filed with an administrative agency. If the arbitration Claim raises an issue which
could not have been filed with an administrative agency, then the Claim must be filed within the time set by the appropriate statute of limitation; 
 E. That this Agreement includes Claims under the Age Discrimination in Employment Act, Title VII of the Civil Rights Act of 1964; the Fair Labor Standards Act; the Americans with Disabilities Act of 1990;
Section 1981 through 1988 of Title 42 of the United States Code; the Oklahoma Fair Employment Practices Act; the Family Medical Leave Act; the Civil Rights Act of 1866; the Civil Rights Act of 1991; the Older Worker Benefit Protection Act; the
Pregnancy Discrimination Act of 1978; the Equal Pay Act; the Veterans Re-Employment Rights Act; the Worker Adjustment and Retraining Act of 1988; the Occupational Health and Safety Act; the Rehabilitation Act of 1973; the Oklahoma Worker’s
Compensation Act or any other law or cause of action; and, any other federal, state, or local law, ordinance or regulation, or based on any public policy, contract, tort, or common law or any Claim for costs, fees, or other expenses or relief,
including attorney’s fees. It also includes Claims for theft or misuse of trade secrets, breach of non-competes, and unfair competition; however, at Employee’s or the Company’s option, Claims for immediate injunctive relief (as
opposed to Claims for monetary damages or permanent injunctive relief) under such causes of action may be brought in court as well as or instead of in arbitration. Employee cannot be a class representative or a member of a class with respect to any
dispute he/she may have against the Company because his or her personal Claim is subject to arbitration. All Claims and defenses which could be raised before a government administrative agency or court must be raised in arbitration and the
arbitrator shall apply the law accordingly; 

  
 5 

 F. That the only Claims not covered by the provision here of with respect to arbitration are
Claims: (i) for workers’ compensation benefits; (ii) for unemployment compensation benefits; (iii) for immediate injunctive relief for improper use or disclosure of confidential information, breach of non-competes, or unfair
competition, which Claims may, at Employee’s or the Company’s election, be brought in court and/or in arbitration; (iv) based upon any stock option plan, employee benefits and/or welfare plan that contains an appeal procedure or other
procedure for the resolution of disputes under the plan; (v) for violation of the National Labor Relations Act; (vi) brought by federal, state, or local governmental officials in criminal court against Employee or the Company; and,
(vii) already filed with a court or government agency before execution of this Agreement. 
 Having elected to execute this
Agreement, to fulfill the promises set forth herein, and to receive thereby the consideration set forth in paragraph 2 above, Employee freely and knowingly, and after due consideration, enters into this Agreement intending to waive, settle and
release all claims Employee has or might have against the Company, the Company’s past or present parent companies, shareholders, subsidiaries, affiliates, successors and assigns and any of its or their past or present directors, officers,
members, attorneys, agents, trustees, administrators, employees, or assigns. 
 IN WITNESS WHEREOF, the parties
hereto knowingly and voluntarily executed this Agreement as of the date(s) set forth below: 
 GREAT WHITE ENERGY SERVICES LLC 

 

									
	By:	 	  
	 		 		 	  

	Name:	 		 		 	Date:
	Title:	 		 		 	
	Date:	 		 		 	

  

			
	STATE OF OKLAHOMA)	 	
		 	) ss.:
	COUNTY OF OKLAHOMA)	 	

 On this day before me personally came Phillip G. Lancaster, known to me to be the
person described in and who executed the foregoing Agreement and General Release, and who duly acknowledged to me that he executed the same. 
  

	
	  

	Notary Public

  
 6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00189-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00189-of-00352.parquet"}]]