Document:

Exhibit 10.6

 

EXECUTION COPY

 

SEPARATION AGREEMENT AND MUTUAL RELEASE

 

This Separation Agreement
and Mutual Release (the “Agreement”), is made as of July 28, 2020, by and between KLX Energy Services
Holdings, Inc., a Delaware corporation (the “Company”) and Heather Floyd (“Employee”),
for the purpose of memorializing the terms and conditions of the Employee’s departure from the Company’s employment.

 

Now, therefore, in
consideration of the mutual promises, agreements and covenants contained herein, and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows:

 

1.            Termination;
Employment Agreement; Restricted Stock; Severance. Employee’s employment with the Company and its subsidiaries will terminate,
effective July 28, 2020 (the “Separation Date”). Upon such termination, Employee and the Company
shall each have those respective surviving rights, obligations and liabilities described in that certain Employment Agreement,
dated as of October 9, 2018, by and between Employee and the Company (the “Employment Agreement”),
except as modified herein. Effective as of the Separation Date, Employee hereby resigns all of Employee’s positions with
the Company and its affiliates listed on Exhibit A attached hereto, and will execute such additional instruments and
other documents as the Company reasonably requests from time to time to evidence the forgoing. Promptly following the Separation
Date, Employee shall be paid Employee’s earned and unpaid base salary through the Separation Date, accrued and unused vacation
and paid time off through the Separation Date in accordance with Company policy, and any other vested, accrued and unpaid benefits
to which Employee is legally entitled pursuant to the terms of any Company benefit plan or policy then in effect. In further consideration
for Employee’s execution and non-revocation of this Agreement, Employee’s continued compliance with Employee’s
post-termination obligations described herein and any that may be in the Employment Agreement, and the other promises contained
herein, as well as in reliance of the promises and requirements of Company, Employee will receive severance benefits consisting
of the following:

 

(a)            A
lump-sum payment equal to $1,152,852.27, payable on the Company’s next regularly scheduled payroll date following the Effective
Date (as defined below), but in all events within twenty-five (25) days following the Effective Date, which the parties agree is
equal to the “Termination Amount” (as defined in the Employment Agreement);

 

(b)            Employee
was previously granted restricted shares of common stock of the Company (the “Restricted Shares”), subject
to the terms and conditions of one or more restricted stock award agreements, by and between Employee and the Company (collectively,
the “Restricted Stock Agreement”) and the KLX Energy Services Holdings, Inc. Long-Term Incentive
Plan (the “Plan”). As of the Separation Date, 52,137 of such Restricted Shares remain unvested. In consideration
for Employee’s execution and non-revocation of this Agreement, notwithstanding anything to the contrary in the Restricted
Stock Agreement or Plan, on the Effective Date, such 52,137 Restricted Shares (the “Accelerated Shares”)
will become fully vested and no longer be subject to cancellation pursuant to Section 4 of the Restricted Stock Agreement
or the transfer restrictions set forth in Section 5 of the Restricted Stock Agreement;

 

     

     

    

 

(c)            Twelve
months of Company-paid customary and market outplacement services for a period of twelve (12) months, or until Employee obtains
substantially comparable employment, whichever is shorter, to commence on the Effective Date; and

 

(d)            Such
health and welfare benefit continuation, in accordance with the terms and conditions as described in Section 4(g) of
the Employment Agreement.

 

2.            Non-Released
Claims.

 

(a)            Employee
Non-Released Claims. It is explicitly agreed, understood and intended that the general release of claims provided for in this
Agreement shall not include or constitute a waiver of the Company’s, its agents’, representatives or designees’,
obligations to Employee (i) that arise out of or from Employee’s severance payment or other benefits as described above
or the treatment of Employee’s Restricted Shares as provided above, (ii) that are specified in the Employment Agreement
as surviving the termination of Employee’s employment, (iii) that arise out of or from respondeat superior principles,
(iv) for claims for indemnification and defense under any organizational documents, agreement, insurance policy, or at law
or in equity concerning either the Company, its subsidiaries, affiliates, directors, officers or employees, (v) concerning
any deferred compensation plan, 401(k) plan, equity plan or retirement plan, (vi) that arise out of or from Employee’s
engagement by the Company as a consultant after the Separation Date, including in connection with that certain Independent Contractor
Services Agreement, by and between the KLX Energy Services LLC and Employee, dated July 28, 2020, (vii) any claims
that arise after the Effective Date, (viii) any claims to enforce this Agreement and (ix) any claims not waivable under
applicable law (collectively, the “Employee Non-Released Company Claims”).

 

(b)            Company
Non-Released Claims. It is explicitly agreed, understood and intended that the general release of claims provided for in this
Agreement shall not include or constitute a waiver of (i) the Employee’s obligations to the Company concerning the Company’s
confidential information and proprietary rights that survive Employee’s termination of employment, including those specified
in that certain Proprietary Rights Agreement, dated as of August 14, 2019, by and between Employee and the Company (the “Proprietary
Rights Agreement”) (ii) any claim of the Company for fraud based on willful and intentional acts or omissions
of Employee, other than those taken in good faith and in a manner that Employee believed to be in or not opposed to the interests
of the Company, proximately causing a financial restatement by the Company, (iii)  any claims arising in connection with Employee’s
engagement by the Company as a consultant after the Separation Date, including in connection with that certain Independent Contractor
Services Agreement, by and between the KLX Energy Services LLC and Employee, dated July 28, 2020, (iv) any claims
that arise after the Effective Date, (v) any claims to enforce this Agreement and (vi) any claims not waivable by the
Company under applicable law (collectively, the “Company Non-Released Employee Claims”).

 

     

     

    

 

3.            General
Release in Favor of the Company. Employee, for herself and for her heirs, executors, administrators, trustees, legal representatives
and assigns (collectively, the “Releasers”), hereby forever releases and discharges the Company, its
Board of Directors, and any of its past, present, or future parent corporations, subsidiaries, divisions, affiliates, officers,
directors, agents, trustees, administrators, attorneys, employees, employee benefit and/or pension plans or funds (including qualified
and non-qualified plans or funds), successors and/or assigns, and any of its or their past, present or future parent corporations,
subsidiaries, divisions, affiliates, officers, directors, agents, trustees, administrators, attorneys, employees, employee benefit
and/or pension plans or funds (including qualified and non-qualified plans or funds), successors and/or assigns (whether acting
as agents for the Company or in their individual capacities) (collectively, the “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 unknown, by reason of any act, omission,
transaction or occurrence which Releasers ever had, now have or hereafter can, shall or may have against Releasees up to and including
the date of the execution of this Agreement, except for the Employee Non-Released Company Claims. Without limiting the generality
of the foregoing, Releasers hereby release and discharge Releasees from:

 

(a)            any
and all claims for backpay, frontpay, minimum wages, overtime compensation, bonus payments, benefits, reimbursement for expenses,
or compensation of any kind (or the value thereof), and/or for liquidated damages or punitive damages (under any applicable statute
or at common law);

 

(b)            any
and all claims relating to Employee’s employment by the Company, the terms and conditions of such employment, employee benefits
related to Employee’s employment, the termination of Employee’s employment, and/or any of the events relating directly
or indirectly to or surrounding such termination;

 

(c)            any
and all claims of discrimination, harassment, whistle blowing or retaliation in employment (whether based on federal, state or
local law, statutory or decisional), including without limitation, all claims under the Age Discrimination in Employment Act of
1967, as amended, Title VII of the Civil Rights Act of 1964, as amended, the Americans with Disabilities Act, the Civil Rights
Act of 1991, the Civil Rights Act of 1866, 42 USC §§ 1981-86, as amended, the Equal Pay Act, the Fair Labor Standards
Act, the Family and Medical Leave Act, the Employee Retirement Income Security Act, the Florida Civil Rights Act of 1992, the Florida
Whistle-Blower Law (Fla. Stat. § 448.101 et seq.), the Florida Equal Pay Act, and waivable rights under the Florida Constitution;

 

(d)            any
and all claims under any contract, whether express or implied;

 

(e)            any
and all claims for unintentional or intentional torts, for emotional distress and for pain and suffering;

 

     

     

    

 

(f)            any
and all claims for violation of any statutory or administrative rules, regulations or codes;

 

(g)           except
as otherwise set forth herein, any and all claims for attorneys’ fees, costs, disbursements, wages, bonuses, benefits, vacation
and/or the like; 

 

which Releasers 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, except for the Employee Non-Released Company Claims.

 

4.            General
Release in Favor of Employee. The Releasees, and each of them, hereby release Releasers, and each of them, from all claims
or causes of action whatsoever, known or unknown, including any and all claims of the common law of the State of Florida, including
but not limited to breach of contract (whether written or oral), promissory estoppel, defamation, unjust enrichment, or claims
for attorneys’ fees and costs, and all claims which were alleged or could have been alleged against the Employee which arose
from the beginning of the world to the date of this Agreement, except for the Company Non-Released Employee Claims.

 

5.            Non-Disparagement.
The parties agree that they will not (a) disparage or encourage or induce others to disparage the other party (including,
without limitation, the Releasees and the Releasers), or (b) engage in any conduct or induce any other person to engage in
any conduct (including, without limitation, making any negative or derogatory statements or writings) that is any way injurious
to the reputation and interests of any party, Releasee or Releaser.

 

6.            Covenants
not to Sue.

 

(a)            Employee
Covenant not to Sue. Employee represents and warrants that to date, she has not filed any lawsuit, action, complaint or charge
of any kind with any federal, state, or county court or administrative or public agency against the Company or any other Releasee.
Without in any way limiting the generality of the foregoing, Employee hereby covenants not to sue or to assert, prosecute, or maintain,
directly or indirectly, in any form, any claim or cause of action against any person or entity being released pursuant to this
Agreement with respect to any matter, cause, omission, act, or thing whatsoever, occurring in whole or in part on or at any time
prior to the date of this Agreement, except for the Employee Non-Released Company Claims. Employee agrees that she will not seek
or accept any award or settlement from any source or proceeding with respect to any claim or right waived in this Agreement.

 

(b)            Company
Covenant not to Sue. The Company represents and warrants that to date, it has not filed any lawsuit, action, complaint or charge
of any kind with any federal, state, or county court or administrative or public agency against Employee or any other Releaser.
Without in any way limiting the generality of the foregoing, the Company hereby covenants not to sue or to assert, prosecute, or
maintain, directly or indirectly, in any form, any claim or cause of action against any person or entity being released pursuant
to this Agreement with respect to any matter, cause, omission, act, or thing whatsoever, occurring in whole or in part on or at
any time prior to the date of this Agreement, except for the Company Non-Released Employee Claims. The Company agrees that it will
not seek or accept any award or settlement from any source or proceeding with respect to any claim or right waived in this Agreement.

 

     

     

    

 

7.            No
Admission. The making of this Agreement is not intended, and shall not be construed, as an admission that the Company or any
of the Releasees has violated any federal, state or local law (statutory or decisional), ordinance or regulation, breached any
contract, or committed any wrongdoing whatsoever.

 

8.            Effectiveness.
This Agreement shall not become effective until the eighth day following Employee’s signing of this Agreement (“Effective
Date”) and Employee may at any time prior to the Effective Date revoke this Agreement by giving notice in writing
of such revocation to:

 

KLX Energy Services Holdings, Inc.

1300 Corporate Center
Way

Wellington, FL 33414

Attn: General Counsel

 

or
via email with acknowledgement of receipt to: maxb@qesinc.com (attn: General Counsel, 1300 Corporate Center Way,
Wellington, FL 33414). In the event that Employee revokes this Agreement prior to the eighth day after her execution thereof,
this Agreement, and the promises contained herein, shall automatically be deemed null and void.

 

9.            Employee
Acknowledgement. Employee acknowledges that she has been advised in writing to consult with an attorney before signing this
Agreement, and that Employee has been afforded the opportunity to consider the terms of this Agreement for forty-five (45) days
prior to its execution. Employee acknowledges that, in the event that Employee and the Company do not execute this Agreement on
or prior to the forty-sixth (46th) day after the date of this Agreement, this Agreement shall become null and void.
Employee further acknowledges that she has read this Agreement in its entirety, that she fully understands all of its terms and
their significance, that she has signed it voluntarily and of Employee’s own free will, and that Employee intends to abide
by its provisions without exception.

 

10.            Severability.
If any provision of this Agreement is held by a court of competent jurisdiction to be illegal, void or unenforceable, such provision
shall have no effect, however, the remaining provisions shall be enforced to the maximum extent possible.

 

11.            Entire
Agreement. This Agreement, the Restricted Stock Agreement, the Proprietary Rights Agreement and the Employment Agreement, taken
together, constitute the complete understanding between the parties and supersedes all such prior agreements between the parties
and may not be changed orally. Employee acknowledges that neither the Company nor any representative of the Company has made any
representation or promises to Employee other than as set forth herein or therein. No other promises or agreements shall be binding
unless in writing and signed by the parties.

 

     

     

    

 

12.          General
Provisions.

 

(a)            Governing
Law; Jurisdiction; Venue. Notwithstanding any other agreement to the contrary, this Agreement shall be enforced, governed and
interpreted by the laws of the State of Florida without regard to Florida’s conflict of laws principles. Any controversy
or claim arising out of or relating to this Agreement, or the breach thereof, shall be settled in a court of competent jurisdiction
in the State of Florida in Palm Beach County. Each party consents to the jurisdiction of such Florida court in any such civil action
or legal proceeding and waives any objection to the laying of venue in such Florida court.

 

(b)            Prevailing
Party. In the event of any litigation, dispute or contest arising from a breach of this Agreement, the prevailing party shall
be entitled to recover from the non-prevailing party all reasonable costs incurred in connection with such litigation, dispute
or contest, including without limitation, reasonable attorneys’ fees, disbursement and costs, and experts’ fees and
costs.

 

(c)            Counterparts.
This Agreement may be executed in several counterparts, each of which shall be deemed as an original, but all of which together
shall constitute one and the same instrument.

 

(d)            Binding
Effect. This Agreement is binding upon, and shall inure to the benefit of, the parties, the Releasers and the Releasees and
their respective heirs, executors, administrators, successors and assigns.

 

(e)            Interpretation.
Should any provision of this Agreement require interpretation or construction, it is agreed by the parties that the entity interpreting
or construing this Agreement shall not apply a presumption that the provisions hereof shall be more strictly construed against
one party who prepared the Agreement, it being agreed that all parties have participated in the preparation of all provisions of
this Agreement.

 

(f)            Defense
of Trade Secrets Act. Notwithstanding anything to the contrary in this Agreement or otherwise, Employee understands and acknowledges
that the Company has informed Employee that an individual shall not be held criminally or civilly liable under any federal or state
trade secret law for (i) the disclosure of a trade secret that is made in confidence to a federal, state, or local government
official or to an attorney solely for the purpose of reporting or investigating a suspected violation of law or (ii) the disclosure
of a trade secret that is made in a complaint or other document filed in a lawsuit or other proceeding if such filing is made under
seal. Additionally, notwithstanding anything to the contrary in this Agreement or otherwise, Employee understands and acknowledges
that the Company has informed Employee that an individual who files a lawsuit for retaliation by an employer for reporting a suspected
violation of law may disclose the trade secret to the attorney of the individual and use the trade secret information in the court
proceeding if the individual files any document containing the trade secret under seal and does not disclose the trade secret,
except pursuant to a court order.

 

     

     

    

 

(g)            Whistleblowing.
Nothing in this Agreement or any other agreement between Employee and the Company shall be interpreted to limit or interfere with
Employee’s right to report good faith suspected violations of law to applicable government agencies, including the Equal
Employment Opportunity Commission, National Labor Relation Board, the Occupational Safety and Health Administration, the Securities
and Exchange Commission or any other applicable federal, state or local governmental agency, in accordance with the provisions
of any “whistleblower” or similar provisions of local, state or federal law. Employee may report such suspected violations
of law, even if such action would require Employee to share the Company’s proprietary information or trade secrets with the
government agency, provided that any such information is protected to the maximum extent permissible and any such information constituting
trade secrets is filed only under seal in connection with any court proceeding. Lastly, nothing in this Agreement or any other
agreement between Employee and the Company will be interpreted to prohibit Employee from collecting any financial incentives in
connection with making such reports or require Employee to notify or obtain approval by the Company prior to making such reports
to a government agency.

 

(h)            No
Mitigation. In no event shall Employee be obligated to seek other employment or take any other action by way of mitigation
of the amounts payable to Employee under any of the provisions of this Agreement, nor shall the amount of any payment hereunder
be reduced by any compensation earned by Employee as a result of subsequent employment.

 

(i)            Older
Workers Benefit Protection Act. Employee acknowledges that Employee has been provided with Schedule I attached hereto summarizing
(i) any class, unit or group of individuals terminated under the same group termination program within the meaning of 29 U.S.C. §
626(f)(1), (ii) any eligibility factors or time limits applicable to such group termination program, and (iii) the job
title and ages of all employees terminated under the same termination program as well as the job title and ages of all employees
in the same job classification or organizational unit who have not been selected.

 

[Signature Page Follows]

 

     

     

    

 

IN WITNESS WHEREOF, the parties hereto
have executed and delivered this Separation Agreement and Mutual Release as of the date first written above.

 

	 	 	KLX ENERGY SERVICES HOLDINGS, INC. 
	 	 	 
	 	 	By:	 
	/s/ Heather Floyd	 	 
	Heather Floyd	 	PRINT NAME:
	 	 	TITLE:
	 	 	 
	STATE OF FLORIDA	)	 
	 	) ss.	 
	COUNTY OF Palm Beach	)	 

 

I HEREBY CERTIFY, that
on this day, before me, an officer duly authorized in the State and County aforesaid to take acknowledgments, personally appeared
to me known to be the person described in and who executed the foregoing instrument, and acknowledged to and before me that he/she
executed the same. This individual is personally known to me or has produced a as identification and did take an oath.

 

SWORN TO AND SUBSCRIBED before me this day
of , 20 .

 

	 	/s/ Ann. F. Trebby
	 	Notary Public

My Commission Expires:

 

     

     

    

 

IN WITNESS WHEREOF, the parties hereto
have executed and delivered this Separation Agreement and Mutual Release as of the date first written above.

 

	 	 	KLX ENERGY SERVICES HOLDINGS, INC. 
	 	 	 
	 	 	By:	/s/ Thomas P. McCaffrey
	 	 	PRINT NAME: Thomas P. McCaffrey
	 	 	TITLE: President, Chief Executive Officer and Chief Financial Officer
	 	 	 
	STATE OF FLORIDA	)	 
	 	) ss.	 
	COUNTY OF 	)	 

 

I HEREBY CERTIFY, that
on this day, before me, an officer duly authorized in the State and County aforesaid to take acknowledgments, personally appeared
to me known to be the person described in and who executed the foregoing instrument, and acknowledged to and before me that he/she
executed the same. This individual is personally known to me or has produced a as identification and did take an oath.

 

SWORN TO AND SUBSCRIBED before me this day
of , 20 .

 

	 	 
	 	Notary Public

My Commission Expires:Exhibit 10.7

 

INDEPENDENT
CONTRACTOR SERVICES AGREEMENT

 

This
Independent Contractor Services Agreement (this “Agreement”) is made and entered into as of July 28, 2020,
to become effective as of the “Effective Date” (as defined below), by and between KLX Energy Services LLC,
with its principal place of business located at 1300 Corporate Center Way, Wellington, FL 33414 (“KLX”) and
Heather Floyd, an individual, with an address of [*****] (“Consultant”).

 

RECITALS

 

WHEREAS,
on May 3, 2020, KLX Energy Services Holdings, Inc., a Delaware corporation and parent company of KLX (“Parent”),
Krypton Intermediate, LLC, Krypton Merger Sub, Inc. (“Merger Sub”) and Quintana Energy Services Inc. (the
“Company”) entered into that certain Agreement and Plan of Merger, pursuant to which Merger Sub will merge
with and into the Company, with the Company surviving as an indirect wholly owned subsidiary of Parent (the “Merger”).

 

WHEREAS,
on October 9, 2018, Parent and Consultant entered into that certain Employment Agreement (the “Employment Agreement”),
pursuant to which, Parent employed Consultant on a full-time basis.

 

WHEREAS,
pursuant to the Employment Agreement, in connection with the consummation of the Merger, Consultant’s employment with Parent
will terminate.

 

WHEREAS,
KLX has determined that it is in the best interests of KLX that Consultant provide certain transition services to KLX, to commence
immediately following the consummation of the Merger (the “Effective Date”) pursuant to, and in accordance
with, the terms and conditions of this Agreement.

 

NOW
THEREFORE, for good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the parties hereto,
each intending to be legally bound, do hereby agree that the following terms govern this Agreement for all Services provided to
KLX by Consultant:

 

		1.	Services;
                                         Fees. Consultant shall provide, on a non-exclusive basis, the “Services”
                                         in consideration for the “Fees”, each as defined in the attached Attachment
                                         A, Statement of Services (“SOS”). Consultant shall perform the Services
                                         as an independent contractor. KLX shall set deadlines and goals for the performance of
                                         the Services and may limit Consultant’s access to KLX’s property to certain
                                         hours, but Consultant shall maintain discretion as an independent contractor to perform
                                         the Services within those deadlines, goals and limitations.

 

		2.	Taxes
                                         and Benefits. KLX shall have no obligation or liability to Consultant for the payment
                                         of any fringe benefits, medical expense reimbursements, health insurance, disability
                                         insurance, life insurance, pension, profit sharing or other retirement plan, contribution,
                                         or expense, social security, taxes, vacation pay, sick pay, workers’ compensation
                                         insurance, general or professional liability insurance, or other similar items in connection
                                         with the Services, all of which costs and expenses shall be borne solely by Consultant.
                                         Without limiting the generality of the foregoing, the parties hereby acknowledge and
                                         agree that KLX shall have no responsibility to withhold any taxes for payments made to
                                         Consultant. The parties hereto acknowledge and agree that the foregoing shall not affect
                                         or be applicable to any payments or benefits provided by KLX or Parent to Consultant
                                         pursuant to the Employment Agreement.

 

Consulting
Services Agreement           Revised August 2008

Copyright
© 2002 by Consultant Global Resources, Inc.  All rights reserved.

 

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		3.	Indemnity.
                                         Consultant shall be responsible for and shall pay all taxes on all amounts paid to Consultant
                                         by KLX in connection with the Services. As an inducement for KLX to enter into this Agreement,
                                         Consultant hereby agrees to indemnify, defend and hold harmless KLX, its affiliates and
                                         its and their respective stockholders, officers, directors, attorneys, agents and employees
                                         from and against any claim, liability, loss, cost, expense or damage (including, without
                                         limitation, reasonable attorneys’ fees) arising from, related to or in connection
                                         with any determination by any governmental agency, or any insurance company that KLX
                                         is required to withhold or pay payroll taxes or to provide workers’ compensation
                                         insurance coverage for Consultant in respect of Consultant’s provision of the Services
                                         hereunder. Furthermore, Consultant hereby agrees to indemnify, defend and hold harmless
                                         KLX, its affiliates and its and their respective stockholders, officers, directors, attorneys,
                                         agents and employees from and against any claim, liability, loss, cost, expense, or damage
                                         (including, without limitation, reasonable attorneys’ fees) directly arising from
                                         Consultant’s or Consultant’s agents’ grossly negligent or willful acts
                                         or omissions in connection with Consultant’s provision of the Services under this
                                         Agreement. KLX hereby agrees to indemnify, defend and hold harmless Consultant, Consultant's
                                         affiliates and Consultant's respective stockholders, officers, directors, attorneys,
                                         agents and employees from and against any claim, liability, loss, cost, expense, or damage
                                         (including, without limitation, reasonable attorneys’ fees) arising from, related
                                         to or in connection with KLX's or Parent's, or their respective agents’ negligent
                                         or willful acts or omissions in connection with the provision of the Services under this
                                         Agreement or KLX's or Parent's, or their respective agents’ breach of this Agreement.

 

		4.	Payment.
                                         KLX shall pay for the Services at the rate set forth in the SOS and for any other expenses
                                         that are pre-approved in writing by KLX and authorized in the SOS. Payment will be due
                                         within the time period set forth in the SOS.

 

		5.	Intentionally
                                         Omitted.

 

		6.	Termination.
                                         This Agreement shall automatically terminate upon the expiration of the term set forth
                                         in the SOS, unless extended by KLX and Consultant by mutual written agreement. Either
                                         party may terminate this Agreement and the engagement of Consultant for any reason at
                                         any time upon written notice to the other party. After the date of any such termination,
                                         Consultant shall provide a final invoice to KLX for any unpaid pre-approved expenses
                                         actually incurred by Consultant in connection with the Services performed hereunder,
                                         up to and including the date of termination. Those provisions which, by their nature
                                         or terms, are intended to survive, including, but not limited to, those duties and covenants
                                         set forth in Sections 3, 7 and 9, shall so survive termination.

 

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		7.	Confidential
                                         Information. The parties understand that during the course of performance under this
                                         Agreement, Consultant may have access to certain confidential and proprietary information
                                         and materials of KLX. “Confidential Information,” for the purposes of this
                                         Agreement, shall include any confidential, proprietary or nonpublic information or information
                                         that, within the industry or scope of use, is reasonably regarded as confidential or
                                         proprietary.

 

		(a)	Protection
                                         of Confidential Information. Consultant shall protect the Confidential Information
                                         by using the same degree of care, but no less than a reasonable degree of care, to prevent
                                         the unauthorized use, dissemination or publication of the Confidential Information as
                                         Consultant uses to protect Consultant’s own Confidential Information of a like
                                         nature. Consultant shall not disclose the Confidential Information to any third party
                                         without KLX’s consent. Consultant shall not use the Confidential Information for
                                         any purpose other than the provision of the Services to KLX pursuant to this Agreement.

 

		(b)	Exceptions.
                                         This Agreement imposes no obligation upon Consultant with respect to the Confidential
                                         Information which (a) was lawfully known to Consultant before receipt as evidenced
                                         by appropriate documentation, provided that the source of such information was not bound
                                         by a confidentiality agreement with or other contractual, legal or fiduciary obligation
                                         of confidentiality to KLX or any other person with respect to such information; (b) is
                                         or becomes a matter of public knowledge through no fault of Consultant; (c) is rightfully
                                         received by Consultant from a third party without restriction on disclosure, provided
                                         that the source of such information was not bound by a confidentiality agreement with
                                         or other contractual, legal or fiduciary obligation of confidentiality to KLX or any
                                         other person with respect to such Information; (d) is independently developed by
                                         Consultant without use of the Confidential Information; (e) is disclosed as required
                                         by operation of law but only to the extent required, and provided that KLX shall have
                                         been given timely notice of such requirement prior to any such disclosure and that Consultant
                                         shall cooperate with KLX to limit the scope and effect of such disclosure; or (f) is
                                         disclosed by Consultant with KLX’s prior written approval.

 

		(c)	Return
                                         or Destruction. All Confidential Information furnished, received, learned of or viewed
                                         pursuant to this Agreement or in connection with the Services, including any and all
                                         materials that Consultant may have created that reveal or are based in any way on any
                                         Confidential Information, and all copies of the foregoing, in whatever form, shall be
                                         promptly returned to KLX or destroyed upon the earlier of the termination of the Services
                                         or KLX’s request.

 

		(d)	Ownership;
                                         Rights. Consultant understands and agrees that KLX shall own all right, title and
                                         interest in and to all intellectual property rights of any kind throughout the world
                                         relating to any and all works of authorship, design, know-how, ideas and information
                                         made or conceived or reduced to practice, in whole or in part, by Consultant as part
                                         of Consultant’s performance of the Services (collectively, “Inventions”)
                                         and Consultant shall provide all Inventions to KLX. Consultant further agrees and understands
                                         that all Inventions shall be works made for hire under applicable copyright law. Consultant
                                         hereby makes all assignments necessary to accomplish the foregoing. Consultant shall
                                         further assist KLX to further evidence, record and perfect such assignments, and to perfect,
                                         obtain, maintain, enforce, and defend any rights assigned. Consultant hereby irrevocably
                                         designates and appoints KLX as its agent and attorney-in-fact to act for and on Consultant’s
                                         behalf to execute and file any document and to do all other lawfully permitted acts to
                                         further the foregoing with the same legal force and effect as if executed by Consultant.

 

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		(e)	No
                                         Rights Granted. All Confidential Information disclosed under this Agreement shall
                                         remain the sole and exclusive property of KLX. Consultant acknowledges and agrees that
                                         the disclosure of such Confidential Information shall not constitute the transfer or
                                         grant of any rights or interests in or to, or the grant of any license in, any such Confidential
                                         Information (or in or to any patent, copyright, trademark, service mark or other intellectual
                                         property right with respect thereto).

 

		(f)	Securities
                                         Laws. Consultant acknowledges that the Confidential Information of KLX may include
                                         material nonpublic information concerning KLX and its affiliated companies, and that
                                         Consultant is aware that the United States and other applicable securities laws restrict
                                         the purchase and sale of securities by persons who possess certain nonpublic information
                                         relating to the issuer of such securities. Consultant agrees that while any such material
                                         nonpublic information concerning KLX remains nonpublic, Consultant shall not engage in
                                         any transactions in any securities of KLX in a manner that would constitute a violation
                                         of applicable securities laws.

 

		(g)	Injunctive
                                         Relief. Consultant acknowledges and agrees that a breach of Consultant’s obligations
                                         under this Agreement would cause KLX immediate and irreparable harm, the exact amount
                                         of which may be difficult to ascertain and for which there will be no adequate remedy
                                         at law. Therefore, Consultant agrees that KLX shall have the right to apply to a court
                                         of competent jurisdiction for the purpose of seeking specific performance and/or an order
                                         restraining and/or enjoining such further breach of this Agreement, and for such other
                                         and further relief as KLX may deem appropriate, without posting a bond or other security.
                                         KLX’s rights under this Section 7(g) shall be in addition to any other
                                         remedies available to it at law or in equity.

 

		(h)	Defense
                                         of Trade Secrets Act. Notwithstanding anything to the contrary in this Agreement
                                         or otherwise, Consultant understands and acknowledges that KLX has informed Consultant
                                         that an individual shall not be held criminally or civilly liable under any federal or
                                         state trade secret law for (i) the disclosure of a trade secret that is made in
                                         confidence to a federal, state, or local government official or to an attorney solely
                                         for the purpose of reporting or investigating a suspected violation of law or (ii) the
                                         disclosure of a trade secret that is made in a complaint or other document filed in a
                                         lawsuit or other proceeding if such filing is made under seal. Additionally, notwithstanding
                                         anything to the contrary in this Agreement or otherwise, Consultant understands and acknowledges
                                         that KLX has informed Consultant that an individual who files a lawsuit for retaliation
                                         by an employer for reporting a suspected violation of law may disclose the trade secret
                                         to the attorney of the individual and use the trade secret information in the court proceeding
                                         if the individual files any document containing the trade secret under seal and does
                                         not disclose the trade secret, except pursuant to a court order.

 

    	 	4

     

    

 

		(i)	Whistleblowing.
Nothing in this Agreement or any other agreement between Consultant and KLX shall be interpreted to limit or interfere with Consultant’s
right to report good faith suspected violations of law to applicable government agencies, including the Equal Employment Opportunity
Commission, National Labor Relation Board, the Occupational Safety and Health Administration, the Securities and Exchange Commission
or any other applicable federal, state or local governmental agency, in accordance with the provisions of any “whistleblower”
or similar provisions of local, state or federal law. Consultant may report such suspected violations of law, even if such action
would require Consultant to share KLX’s proprietary information or trade secrets with the government agency, provided that
any such information is protected to the maximum extent permissible and any such information constituting trade secrets is filed
only under seal in connection with any court proceeding. Lastly, nothing in this Agreement or any other agreement between Consultant
and KLX will be interpreted to prohibit Consultant from collecting any financial incentives in connection with making such reports
or require Consultant to notify or obtain approval by KLX prior to making such reports to a government agency.

 

		8.	Independent
                                         Contractor. This Agreement does not create any agency or employment relationship
                                         between Consultant and KLX. Except as provided in Section 7(d) of this Agreement,
                                         neither party grants the other any right to bind it except as otherwise expressly agreed
                                         in writing. Each party shall be fully liable for all workers’ compensation premiums
                                         and liability insurance, withholding taxes or charges with respect to its respective
                                         employees, if any.

 

		9.	Limitation
                                         of Liability. Except with respect to the parties’ respective indemnification
                                         obligations set forth in Section 3 above, neither party’s liability arising
                                         out of this Agreement shall exceed the Fees paid and owing to Consultant for the Services
                                         hereunder. In no event shall either party be liable for punitive damages, loss of profit,
                                         loss of goodwill or other special, indirect or consequential damages suffered by the
                                         other party under this Agreement whether in contract or tort, even if advised of the
                                         possibility of such damages.

 

		10.	Force
                                         Majeure. Neither party shall be liable for any delay in performance or inability
                                         to perform due to Force Majeure. “Force Majeure” includes any acts or omissions
                                         of any government or governmental body, acts of God, acts or omissions of the other party,
                                         fires, strikes or other labor disputes, major equipment or telecommunications equipment
                                         failures, or any other act, omission or occurrence beyond a party’s reasonable
                                         control, irrespective of whether similar to the above enumerated acts, omissions or occurrences.

 

		11.	Compliance
                                         with Laws. Consultant shall comply with all applicable laws and regulations in providing
                                         the Services. Consultant shall obtain all requisite authorizations, licenses, permissions
                                         and Consultant represents and warrants to KLX that Consultant has any and all permits,
                                         licenses, authorizations and approvals required to provide the Services. Consultant shall
                                         continue to maintain all such permits, licenses, authorizations and approvals during
                                         the engagement by KLX under this Agreement.

 

    	 	5

     

    

 

		12.	Entire
                                         Agreement, Governing Law and Effectiveness. This Agreement, including the SOS, constitutes
                                         the entire agreement between Consultant and KLX. No other understanding which modifies
                                         these terms shall be binding unless made in writing and signed by both Consultant and
                                         KLX. The validity, interpretation and performance of this Agreement shall be governed
                                         by the laws of the State of Florida, without giving effect to conflicts-of-law principles
                                         thereof. It is expressly agreed that any terms and conditions on Consultant invoices
                                         and/or other forms shall be superseded by the terms and conditions of this Agreement.
                                         The parties hereto acknowledge and agree that this Agreement shall become effective on
                                         the Effective Date and, in the event that the Merger is not consummated for any reason,
                                         this Agreement shall be null and void and of no force or effect.

 

		13.	Severability.
                                         The provisions of this Agreement are severable. If any provision is found to be unenforceable
                                         in whole or in part, it shall be construed or limited in such a way as to make it enforceable,
                                         consistent with the manifest intentions of the parties. If such construction or limitation
                                         is not possible, the unenforceable provision shall be stricken, and the remaining provisions
                                         of this Agreement shall remain valid and enforceable.

 

		14.	Headings.
                                         The headings in this Agreement are for convenience of reference only and shall not alter,
                                         limit or otherwise affect the meaning hereof.

 

		15.	Notices.
                                         All notices and other communications hereunder shall be in writing and shall be deemed
                                         given when delivered personally or sent via email with acknowledgment of receipt or sent
                                         by reputable overnight delivery service, or three (3) days after being mailed by
                                         registered or certified mail (postage prepaid, return receipt requested) to the parties
                                         at the following addresses (or at such other address for a party as shall be specified
                                         by like notice):

 

If
to KLX:

KLX
Energy Services LLC

1415 Louisiana St., Suite 2900

Houston,
Texas 77002

Attention:
General Counsel

Email:
mbouthillette@qesinc.com

 

If
to Consultant:

Heather
Floyd

7749
Maywood Crest Drive

West
Palm Beach, Florida 33412

 

    	 	6

     

    

 

		16.	Waiver.
                                         KLX’s failure to insist upon strict compliance with any provision hereof or any
                                         other provision of this Agreement or the failure to assert any right that KLX may have
                                         hereunder, shall not be deemed to be a waiver of such provision or right or any other
                                         provision or right of this Agreement. Similarly, the waiver by KLX of a breach of or
                                         non-compliance with any provision of this Agreement by Consultant shall not operate or
                                         be construed as a waiver of any other or subsequent breach or non-compliance.

 

		17.	Counterparts;
                                         Signatures. This Agreement may be executed in two or more counterparts, each of which
                                         shall be an original and all of which together shall constitute one and the same instrument.
                                         Facsimile or electronically transmitted signatures shall be deemed to be originals.

 

[Signature
page follows.]

 

    	 	7

     

    

 

In witness whereof, the parties hereto have
caused this Agreement to be duly executed and effective as of the Effective Date written above.

 

	Heather
    Floyd	 	KLX
    Energy Services LLC
	 	 	 
	By:
    	/s/
    Heather Floyd	 	By:	 
	 	 	 	 	 
	Name:	Heather
    Floyd	 	Name:	 
	 	 	 	 	 
	Title:
    	Vice
    President, Finance and Corporate Controller	 	Title: 	 
	 	 	 	 	 
	Date:
    	7/13/20	 	Date:	 

 

     

     

    

 

In witness whereof, the parties hereto have
caused this Agreement to be duly executed and effective as of the Effective Date written above.

 

	Heather
    Floyd	 	KLX
    Energy Services LLC
	 	 	 
	By: 		 	By:	/s/ Jay Survant
	 	 	 	 	 
	Name:		 	Name:	Jay Survant
	 	 	 	 	 
	Title: 		 	Title: 	Vice President
– Human Resources
	 	 	 	 	 
	Date: 		 	Date:	7/27/20

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