Document:

Form of Award Notice Time-Vested Non-Qualified Stock Option

 Exhibit 10.55 
 EXTERRAN HOLDINGS, INC. 
 FORM OF AWARD NOTICE 

TIME-VESTED NON-QUALIFIED STOCK OPTION 
 Exterran Holdings, Inc. (the “Company”) has granted to you (the “Participant”) a Non-Qualified Stock Option to purchase shares of Common Stock of the Company under the
Exterran Holdings, Inc. 2011 Employment Inducement Long-Term Equity Plan (as may be amended from time to time, the “Plan”), pursuant to this Award Notice (the “Award Notice”). All capitalized terms not explicitly
defined in this Award Notice but defined in the Plan shall have the same meanings ascribed to them in the Plan. 
 The material terms of your
Award are as follows: 
 1. Award. You have been granted a Non-Qualified Stock Option (the
“Award” or “Option”) to purchase shares of Common Stock of the Company in the number and at the per share exercise price (the “Exercise Price”) provided above as the “Grant Price,” subject
to the terms and conditions contained herein and in the Plan. This Award is intended to constitute an “employment inducement award” under NYSE Listed Company Manual Section 303A.08, and this Award Notice and the terms and conditions
of this Award shall be interpreted in accordance and consistent with such NYSE rules. 
 2. Grant Date. The
“Grant Date” of this Award is the “issue date” provided above. 
 3. Vesting. Your
Award is subject to the vesting schedule provided above (the “Vesting Schedule”). A portion of your Award will automatically vest and become exercisable on each of the dates indicated in the Vesting Schedule above (each a
“Vesting Date”). Notwithstanding the foregoing, except as set forth in Sections 5 and 6 below, you must be in continuous service as an Employee and/or Director, as applicable, at all times from the Grant Date up to and including the
applicable Vesting Date for that portion of the Award to vest. 
 4. Term. The Award will continue in effect until
the date that is seven (7) years from the Grant Date (the “Expiry Date”), subject to earlier termination in accordance with Section 5 of this Award Notice or the Plan. If not exercised prior to the Expiry Date, the Award
will be forfeited and canceled without payment of consideration therefor. 
 5. Termination of Service. Your Award
will either vest or be forfeited upon your Termination of Service, as set forth below, depending on the reason for termination. No portion of the Award that is unvested as of the date of your Termination of Service shall thereafter become vested.

 (a) Termination as a Result of Death, Disability, or Retirement. Upon a Termination of Service due to your death,
Disability or Retirement, the unvested portion of your Award will immediately vest in full and become exercisable, and you (or your legal representative) will be entitled to exercise the vested portion of your Award at any time prior to the Expiry
Date or the expiration of two (2) years after the date of your termination, whichever is the shorter period. 
 (b)
Termination for Cause. Following a Termination of Service for Cause, the outstanding unexercised portion of your Award (whether vested or unvested) will be automatically canceled and forfeited on the date of your termination. 

(c) All Other Terminations. Upon a Termination of Service for any other reason, you will be entitled to exercise the vested portion
of your Award at any time prior to the Expiry Date or the expiration of three (3) months after the date of your termination, whichever is the shorter period. The unvested portion of your Award will be automatically canceled and forfeited on the
date of your termination. 
 6. Corporate Change. In the event a Corporate Change occurs, notwithstanding
anything to the contrary in this Award Notice or the Plan, this Section 6 will govern the vesting of your Award on and after the date the Corporate Change is consummated. 

 If a Corporate Change is consummated prior to the final Vesting Date of your Award, then: 

(a) the portion of your Award that would have vested on the Vesting Date immediately following the date the Corporate Change is
consummated will automatically vest and become exercisable as of the date the Corporate Change is consummated; and 
 (b) the
remaining unvested portion of your Award, if any, will continue to be subject to the original Vesting Schedule and Vesting Dates; 

provided, however, that if you incur a Termination of Service on or after the date a Corporate Change is consummated (i) by the Company
without Cause, (ii) by you for Good Reason (as defined below) or (iii) as a result of your death or Disability, then the unvested portion of your Award as of such termination date will automatically vest in full and become exercisable and
all restrictions applicable to your Award will lapse as of the date of your Termination of Service. If your service is terminated by the Company with Cause or by you without Good Reason on or after the date the Corporate Change is consummated, then
the unvested portion of your Award will be automatically canceled and forfeited on the date of your termination without payment of consideration therefor. 
 For purposes of this Award Notice, “Good Reason” shall mean “Good Reason” as defined in your change of control agreement with the Company, if such an agreement exists and
contains a definition of Good Reason or, if no such agreement exists or such agreement does not contain a definition of Good Reason, then “Good Reason” means the occurrence of any of the following without your express written consent:

  

	 	(i)	a permanent change in your duties or responsibilities which are materially inconsistent with either the type of your duties and responsibilities then in effect or with
your title, but excluding any such change that is in conjunction with and consistent with a promotion; 

  

	 	(ii)	a reduction in your base salary; 

  

	 	(iii)	a reduction in your annual target short-term incentive percentage of base salary as in effect immediately prior to the Corporate Change; 

 

	 	(iv)	a material reduction in your employee benefits (without regard to bonus compensation, if any) if such reduction results in your receiving benefits which are, in the
aggregate, materially less than the benefits received by other comparable employees of the Company generally; 

  

	 	(v)	your being required to be based at any other office or location of employment more than fifty (50) miles from your primary office or location of employment
immediately prior to a Corporate Change; or 

  

	 	(vi)	the willful failure by the Company to pay any compensation to you when due. 

 provided, however, that Good Reason does not exist with respect to a matter unless you give the Company a notice of termination due to such matter within eighteen (18) months following the
date of the Corporate Change. If you fail to give a notice of termination timely, you shall be deemed to have waived all rights you may have under this Award Notice with respect to such matter. The Company will have thirty (30) days from the
date of your notice of termination to cure the matter. If the Company cures the matter, your notice of termination shall be deemed rescinded. If the matter constitutes Good Reason and the Company fails to cure the matter timely, your service shall
be deemed to have been terminated by the Company for Good Reason at the end of the thirty (30)-day cure period. 

  
 2 

 7. Exercise of Award. The exercise of your Option must be accompanied by full
payment of the Exercise Price for the shares of Common Stock being acquired by: (i) cash, (ii) a check acceptable to the Company, (iii) the delivery of a number of already-owned shares of Common Stock having a Fair Market Value equal
to such Exercise Price (provided you have owned such shares of Common Stock for more than six (6) months), (iv) a “cashless broker exercise” of the Option through any procedures established or approved by the Committee with
respect thereto, or (v) any combination of the foregoing approved by the Committee. No shares of Common Stock will be issued until the Exercise Price has been paid. 
 8. Stockholder Rights. You will have no rights as a stockholder with respect to any shares of Common Stock issuable upon exercise of the Option unless and until you become the holder of
record of such shares of Common Stock. 
 9. Non–Transferability. You cannot sell, transfer, pledge, exchange
or otherwise dispose of your Option except in accordance with Paragraph XIV(i) of the Plan. 
 10. No Right to Continued
Service. Nothing in this Award Notice guarantees your continued service with the Company or its Affiliates or interferes in any way with the right of the Company or its Affiliates to terminate your service with the Company or its Affiliates
at any time, with or without notice and with or without cause. 
 11. Data Privacy. You consent to the collection,
use, processing and transfer of your personal data as described in this Section 11. You understand that the Company and/or its Affiliates hold certain personal information about you (including your name, address and telephone number, date of
birth, social security number, social insurance number, etc.) for the purpose of administering the Plan (“Data”). You also understand that the Company and/or its Affiliates will transfer this Data among themselves as necessary for
the purpose of implementing, administering and managing your participation in the Plan, and that the Company and/or its Affiliates may also transfer this Data to any third parties assisting the Company in the implementation, administration and
management of the Plan. You authorize each of them to receive, possess, use, retain and transfer the Data, in electronic or other form, for these purposes. You also understand that you may, at any time, review the Data, require any necessary changes
to the Data or withdraw your consent in writing by contacting the Company. You further understand that withdrawing your consent may affect your ability to participate in the Plan. 

12. Withholding. Your Award is subject to applicable income, employment and/or social insurance or social security
withholding obligations, and the Company and its Affiliates may, in their sole discretion, withhold a sufficient number of shares of Common Stock that are otherwise issuable to you under this Award in order to satisfy any such withholding
obligations. If necessary, the Company also reserves the right to withhold from your regular earnings an amount sufficient to meet the withholding obligations. 
 13. Plan Governs. This Award Notice is subject to the terms and conditions of the Plan, a copy of which will be provided to you upon request as indicated in Section 18. All the terms
and conditions of the Plan, as may be amended from time to time, and any rules, guidelines and procedures which may from time to time be established pursuant to the Plan, are hereby incorporated into this Award Notice. In the event of a discrepancy
between this Award Notice and the Plan, the Plan shall govern. 
 14. Modifications. Subject to Paragraph XIII of
the Plan, the Company may make any change to this Award Notice that is not adverse to your rights under this Award Notice or the Plan. 
 15. Non-Solicitation/Confidentiality Agreement. The greatest assets of the Company and its Affiliates (collectively, “Exterran” as used in this Section 15) are
its employees, directors, customers, and confidential information. In recognition of the increased risk of unfairly losing any of these assets, Exterran has adopted this Non-Solicitation/Confidentiality Agreement as set forth in this
Section 15, the terms of which you accept and agree to by accepting the Award. 

  
 3 

 (a) In order to assist you with your employment-related duties, Exterran has provided and
shall continue to provide you with access to confidential and proprietary operational information and other confidential information which is either information not known by actual or potential competitors and third parties or is proprietary
information of Exterran (“Confidential Information”). Such Confidential Information shall include, without limitation, information regarding Exterran’s customers and suppliers, employees, business operations, product lines,
services, pricing and pricing formulae, machines and inventions, research, knowhow, manufacturing and fabrication techniques, engineering and product design specifications, financial information, business plans and strategies, information derived
from reports and computer systems, work in progress, marketing and sales programs and strategies, cost data, methods of doing business, ideas, materials or information prepared or performed for, by or on behalf of Exterran. You agree, during your
employment and at all times thereafter, not to use, divulge, or furnish or to make accessible to any third party, company, or other entity or individual, without Exterran’s written consent, any Confidential Information of Exterran, except as
required by your job-related duties to Exterran. 
 (b) You agree that whenever your employment with Exterran ends for any
reason, (i) you shall return to Exterran all documents containing or referring to Exterran’s Confidential Information as may be in your possession and/or control, with no request being required; and (ii) you shall return all Exterran
computer and computer-related equipment and software, and all Exterran property, files, records, documents, drawings, specifications, lists, equipments and other similar items relating to Exterran’s business coming into your possession and/or
control during your employment, with no request being required. 
 (c) In connection with your acceptance of the Award under the
Plan, and in exchange for the consideration provided hereunder, and in consideration of Exterran disclosing and providing access to Confidential Information, you agree that you will not, during your employment with, or service to Exterran, and for
one (1) year thereafter, directly or indirectly, for any reason, for your own account or on behalf of or together with any other person, entity or organization (i) call on or otherwise solicit any natural person who is employed by Exterran
in any capacity with the purpose or intent of attracting that person from the employ of Exterran, or (ii) divert or attempt to divert from Exterran any business relating to the provision of natural gas compression equipment and related services
or oil and natural gas production and processing equipment and related services without, in either case, the prior written consent of Exterran. 
 (d) You agree that (i) the terms of this Section 15 are reasonable and constitute an otherwise enforceable agreement to which the terms and provisions of this Section 15 are ancillary or a
part of; (ii) the consideration provided by Exterran under this Section 15 is not illusory; (iii) the restrictions of this Section 15 are necessary and reasonable for the protection of the legitimate business interests and
goodwill of Exterran; and (iv) the consideration given by Exterran under this Section 15, including without limitation, the provision by Exterran of Confidential Information to you, gives rise to Exterran’s interests in the covenants
set forth in this Section 15. 
 (e) You and Exterran agree that it was both parties’ intention to enter into a valid
and enforceable agreement. You agree that if any covenant contained in this Section 15 is found by a court of competent jurisdiction to contain limitations as to time, geographic area, or scope of activity that are not reasonable and impose a
greater restraint than is necessary to protect the goodwill or other business interests of Exterran, then the court shall reform the covenant to the extent necessary to cause the limitations contained in the covenant as to time, geographic area, and
scope of activity to be restrained to be reasonable and to impose a restraint that is not greater than necessary to protect the goodwill and other business interests of Exterran. 

  
 4 

 (f) In the event that Exterran determines that you have breached or attempted or threatened
to breach any term of this Section 15, in addition to any other remedies at law or in equity Exterran may have available to it, it is agreed that Exterran shall be entitled, upon application to any court of proper jurisdiction, to a temporary
restraining order or preliminary injunction (without necessity of (i) proving irreparable harm, (ii) establishing that monetary damages are inadequate, or (iii) posting any bond with respect thereto) against you prohibiting such
breach or attempted or threatened breach by proving only the existence of such breach or attempted or threatened breach. You agree that the period during which the covenants contained in this Section 15 are in effect shall be computed by
excluding from such computation any time during which you are in violation of any provision of this Section 15. 
 (g) You
hereby acknowledge that the Award being granted to you under the Plan is an extraordinary item of compensation and is not part of, or in lieu of, your ordinary wages for services you may render to Exterran. 

(h) You understand that this agreement is independent of and does not affect the enforceability of any other restrictive covenants by
which you have agreed to be bound in any other agreement with Exterran. 
 (i) Notwithstanding any other provision of this Award,
the provisions of this Section 15 shall be governed, construed and enforced in accordance with the laws of the State of Texas, without giving effect to the conflict of law principles thereof. Any action or proceeding seeking to enforce any
provision of this Section 15 shall be brought only in the courts of the State of Texas or, if it has or can acquire jurisdiction, in the United States District Court for the Southern District of Texas, and the parties consent to the
jurisdiction of such courts in any such action or proceeding and waive any objection to venue laid therein. 
 16.
Conformity to Securities Laws. You acknowledge that the Plan and this Award Notice are intended to conform to the extent necessary with all applicable federal and state securities laws and regulations. Notwithstanding anything herein to the
contrary, the Plan shall be administered, and the Award is granted and may be exercised, only in such a manner as to conform to such laws, rules and regulations. To the extent permitted by applicable law, the Plan and this Award Agreement shall be
deemed amended to the extent necessary to conform to such laws, rules and regulations. 
 17. Governing Law.
Subject to Section 15(i), this Award Notice shall be governed, construed and enforced in accordance with the laws of the State of Delaware, without giving effect to the conflict of law principles thereof. 

18. Additional Information. If you require additional information concerning your Award, contact the Company’s
Stock Plan Administrator at 281.836.7000 or at mystock@exterran.com. 
 19. Participant Acceptance. If you
do not accept the Award or the terms of the Award, you must notify the Company in writing at the address provided above within thirty (30) days of delivery of this Award Notice. Otherwise, the Company will deem the Award and the terms of the
Award accepted by you. 
  

			
	EXTERRAN HOLDINGS, INC.
		
	By:	 	  

		 	  D. Bradley Childers
		
		 	  President and Chief Executive Officer

  
 5 

  

			
	Agreed and Accepted,
	this          day of December, 2011:

  

			
	By:	 	  

  

			
	Name:	 	  

  
 6Change of Control Agreement

 Exhibit 10.59 
 CHANGE OF CONTROL AGREEMENT 
 THIS CHANGE OF CONTROL AGREEMENT (the
“Agreement”), is made and entered into effective as of December 12, 2011 (the “Effective Date”), by and between Exterran Holdings, Inc., a Delaware corporation (the
“Company”), and D. Bradley Childers (“Executive”). 
 WHEREAS, Executive
is employed as the President of the Company; and 
 WHEREAS, the Company and Executive desire to enter into an agreement
regarding their respective rights and obligations in connection with a Change of Control during the Term of this Agreement; 

THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and
Executive agree as follows: 
 1. Term. This Agreement shall begin on the Effective Date and shall
continue until the second (2nd) anniversary of the
Effective Date (the “Initial Term”); provided, however, that thereafter, the term of this Agreement shall automatically be extended for successive one (1) year periods (each, a “Renewal
Term”) (such Initial Term, plus any Renewal Terms, plus, in the event of Executive’s Qualifying Termination of Employment (as defined below) for Good Reason, any additional time period necessitated by the Company’s right to
cure as set forth in the definition of Good Reason, the “Term”), unless at least ninety (90) days prior to the expiration of the Initial Term or any Renewal Term the Board shall give written notice to Executive that the
Term of this Agreement shall cease to be so extended. However, if a Change of Control shall occur during the Term, the Term shall automatically continue in effect for a period of eighteen (18) months plus, in the event of Executive’s
Qualifying Termination of Employment for Good Reason, any additional time period necessitated by the Company’s right to cure as set forth in the definition of Good Reason, commencing on the date of such Change of Control. This Agreement shall
automatically terminate upon Executive’s termination of employment, except as provided in the definition of Protected Period. Termination of this Agreement shall not alter or impair any rights of Executive arising under this Agreement on or
prior to such termination. 
 2. Qualifying Termination of Employment. If Executive incurs a Qualifying Termination of
Employment during the Term, Executive shall be entitled to the benefits provided in Section 3 hereof. If Executive’s employment terminates for any reason other than for a Qualifying Termination of Employment, then Executive shall not be
entitled to any benefits under this Agreement. 
 3. Benefits Upon a Qualifying Termination of Employment. 

(a) Lump Sum. Following a Qualifying Termination of Employment, the Company shall pay to
Executive, not later than the sixtieth (60th) day
following the Date of Termination, an amount, in a lump sum payment, equal to the sum of: 
 (i) The sum of
(A) Executive’s earned but unpaid Base Salary through the Date of Termination, (B) Executive’s Target Short-Term Incentive for the Termination Year (prorated to the Date of Termination), (C) any earned but

  
  

			
	EXTERRAN HOLDINGS, INC.	 	PAGE 1 OF 10
	CHANGE OF CONTROL AGREEMENT	 	

 
unpaid Short-Term Incentive for the prior year (and, if the prior year’s Short-Term Incentive has not yet been calculated as of the Date of Termination, such amount shall be payable when
calculated, but in no event later than March 15th of
the year following the Termination Year), (D) any portion of Executive’s vacation pay accrued, but not used, for the Termination Year, and (E) any unreimbursed business expenses as of the Date of Termination; plus 

(ii) An amount equal to three (3) times Executive’s Base Salary plus three (3) times Executive’s
Target Short-Term Incentive; plus 
 (iii) An amount equal to the total of the employer matching contributions
that would have been credited to Executive’s account under the 401(k) Plan and any other deferred compensation plan of the Company (or any of its affiliated companies) had Executive made the required amount of elective deferrals or
contributions to receive such maximum employer matching contributions under the 401(k) Plan and any other deferred compensation plan (and regardless of whether Executive actually made any such elective deferrals or contributions) during the twelve
(12)-month period immediately preceding the month of Executive’s Date of Termination, multiplied by two (2); plus 
 (iv) Amounts previously deferred by Executive, if any, or earned but not paid, if any, under any Company incentive and nonqualified deferred compensation plans or programs as of the Date of Termination.

 (b) Continuing Medical Coverage. If Executive incurs a Qualifying Termination of Employment, for a
period of two (2) years following Executive’s Date of Termination, or such longer period as may be provided by the terms of the appropriate medical and/or welfare benefit plan, program, practice or policy, subject to Executive’s valid
election of COBRA continuation coverage, the Company shall provide benefits to Executive and/or Executive’s eligible dependents equal to those that would have been provided to them in accordance with the plans, programs, practices and policies
if Executive’s employment had not been terminated; provided, however, that with respect to any of such plans, programs, practices or policies requiring an employee contribution, Executive shall continue to pay the monthly employee
contribution for same; provided, further, that if Executive becomes employed by another employer and is eligible to receive medical or other welfare benefits under another employer-provided plan, the medical and other welfare benefits
described herein shall be secondary to those provided under such other plan during such applicable period of eligibility. Notwithstanding the previous sentence, with regard to such COBRA continuation coverage, if the Company determines in its sole
discretion that it cannot provide the foregoing benefit without potentially violating applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a
taxable monthly payment in an amount equal to the monthly COBRA premium that Executive would be required to pay to continue Executive’s and Executive’s covered dependents’ group insurance coverage as in effect on the Date of
Termination (which amount shall be based on the premiums for the first month of COBRA coverage). 

  
  

			
	EXTERRAN HOLDINGS, INC.	 	PAGE 2 OF 10
	CHANGE OF CONTROL AGREEMENT	 	

 (c) Awards. Upon a Qualifying Termination of Employment, all stock
options, restricted stock, restricted stock units, or other awards based in common stock of the Company, and all common units, unit appreciation rights, unit options and other awards based in common units representing limited partner interests of
the Partnership, and all cash-based incentive awards held by Executive and not previously vested shall be 100% vested as of Executive’s Date of Termination (except with respect to awards denominated in or relating to common units of the
Partnership that, by their terms, continue to vest following a termination of employment without cause or for good reason); provided, however, that with respect to an award that is subject to Code Section 409A, such acceleration of
vesting under this Section 3(c) shall not cause an impermissible acceleration of payment or change in form of payment of such award under Code Section 409A. Notwithstanding the terms of any Company (or affiliate) plan or agreement between
the Company (or affiliate) and Executive to the contrary, the accelerated vesting of all equity awards required pursuant to the terms of this Section 3(c) shall govern. 

(d) Interest. If any payment due under the terms of this Agreement is not timely made by the Company, its
successors or assigns, interest shall accrue on such payment at the highest maximum legal rate permissible under applicable law from the date such payment first became due through the date it is paid (with such interest paid in a single lump sum on
the date on which the Company or its successor or assign, as applicable, makes the late payment). 
 (e)
Release. Notwithstanding anything in this Agreement to the contrary, no payment shall be made or benefits provided pursuant to this Agreement unless Executive signs and returns to the Company within fifty (50) days following the date of
a Qualifying Termination of Employment, and does not revoke within seven (7) days thereafter, a complete release and waiver in a form provided by the Company, in exchange for the severance payments described in Section 3(a) above, among
other items, of all claims for liability and damages in any way related to Executive’s employment with the Company and its affiliates against the Company, its affiliates, their directors, officers, employees and agents, and their employee
benefit plans and the fiduciaries and agents of such plans. 
 (f) Severance Offset. Any cash severance
payments payable under Section 3(a) shall be offset or reduced by the amount of any cash severance amounts payable to Executive under any other individual agreement the Company or an affiliate may have entered into with Executive or any
severance plan or program maintained by the Company or any affiliate for employees in general, but only to the extent such severance amounts are payable in the same form and in the same calendar year in which such cash severance payments under this
Agreement are to be made. 
 (g) Code Section 409A Matters. 

(i) This Agreement is intended to comply with, and shall be interpreted consistent with the applicable requirements of,
Code Section 409A and accompanying Department of Treasury regulations and other interpretive 

  
  

			
	EXTERRAN HOLDINGS, INC.	 	PAGE 3 OF 10
	CHANGE OF CONTROL AGREEMENT	 	

 
guidance promulgated thereunder (collectively, “Code Section 409A”) and any ambiguous provisions will be construed in a manner that is compliant with or exempt from
the application of Code Section 409A. Executive shall have no right to specify the calendar year during which any payment hereunder shall be made. 
 (ii) All reimbursements and in-kind benefits provided pursuant to this Agreement shall be made in accordance with Treasury Regulation Section 1.409A-3(i)(1)(iv) such that any reimbursements or
in-kind benefits will be deemed payable at a specified time or on a fixed schedule relative to a permissible payment event. Specifically, (A) the amounts reimbursed and in-kind benefits under this Agreement, other than with respect to medical
benefits provided under Section 3(b), during Executive’s taxable year may not affect the amounts reimbursed or in-kind benefits provided in any other taxable year, (B) the reimbursement of an eligible expense shall be made on or
before the last day of Executive’s taxable year following the taxable year in which the expense was incurred, and (C) the right to reimbursement or an in-kind benefit is not subject to liquidation or exchange for another benefit.

 (iii) If Executive is a “specified employee” within the meaning of Code
Section 409A as of the Date of Termination, distributions or benefits that are subject to Code Section 409A shall be made under this Agreement on the later of (A) the date that such distribution or benefit is otherwise to be provided
under this Agreement and (B) the earlier of (x) the first (1st) business day that occurs following the expiration of the six (6) month period beginning on Executive’s Date of Termination or (y) the date of Executive’s death. The severance
payments under Section 3(a) are deferred compensation subject to the foregoing provision. In addition, in the event of a payment delayed under this Section 3(g)(iii), the Company agrees to pay to Executive, as of the date it makes the
delayed payment, simple interest on such delayed amount at the applicable federal rate provided for in Code Section 7872(f)(2)(A), based on the number of days the payment was delayed. If Executive disagrees with the Company’s determination
that Code Section 409A requires such six (6)-month delay with respect to a payment or benefit, such payment or benefit can be made prior to such delayed payment date if Executive agrees in writing (in the form approved by the Company) that
should the IRS subsequently assert that some or all of the payments or benefits made pursuant to this Agreement do not comply with the requirements of Code Section 409A, then (i) Executive agrees that he is solely responsible for all
taxes, excise taxes, penalties and interest resulting from such determination, and that he will not seek contribution, reimbursement or any other recovery from the Company or any of its affiliates, officers, employees or directors for any taxes,
excise taxes, interest or penalties paid or due or any costs he incurs in challenging such position of the IRS, and (ii) Executive will reimburse, and hold the Company, its affiliates, officers, employees or directors harmless for, any costs,
including attorneys fees and costs of court, penalties or fees, that it may incur in connection with a later determination that the payments made pursuant to this Agreement are covered by Code Section 409A and were not properly reported as
such. 

  
  

			
	EXTERRAN HOLDINGS, INC.	 	PAGE 4 OF 10
	CHANGE OF CONTROL AGREEMENT	 	

 4. Restrictions and Obligations of Executive. 

(a) Consideration for Restrictions and Covenants. The Company and Executive agree that the principal consideration
for the Company’s agreement to make the payments provided in this Agreement to Executive is Executive’s compliance with the undertakings set forth in this Section 4. Notwithstanding any other provision of this Agreement to the
contrary, Executive agrees to comply with the provisions of this Section 4 only if Executive actually receives any such payments from the Company pursuant to this Agreement. 

(b) Confidentiality. Executive acknowledges that the Company will provide Executive with Confidential Information
and has previously provided Executive with Confidential Information. In return for consideration provided under this Agreement, Executive agrees that Executive will not, while employed by the Company or any affiliate and thereafter for a period of
two (2) years, disclose or make available to any other person or entity, or use for Executive’s own personal gain, any Confidential Information, except for such disclosures as required in the performance of Executive’s duties with the
Company or as may otherwise be required by law or legal process (in which case Executive shall notify the Company of such legal or judicial proceeding as soon as practicable following his receipt of notice of such a proceeding, and permit the
Company to seek to protect its interests and information). 
 (c) Non-Solicitation or Hire. During the
term of Executive’s employment with the Company or any affiliate thereof and for a two (2)-year period following the termination of Executive’s employment for any reason, Executive shall not, directly or indirectly (i) employ or seek
to employ any person who is at the date of termination, or was at any time within the six (6)-month period preceding the date of termination, an officer, general manager or director or equivalent or more senior level employee of the Company or any
of its subsidiaries or otherwise solicit, encourage, cause or induce any such employee of the Company or any of its subsidiaries to terminate such employee’s employment with the Company or such subsidiary for the employment of another company
(including for this purpose the contracting with any person who was an independent contractor (excluding consultant) of the Company during such period) or (ii) take any action that would interfere with the relationship of the Company or its
subsidiaries with their suppliers or customers without, in either case, the prior written consent of the Company’s Board of Directors, or engage in any other action or business that would have a material adverse effect on the Company.

 (d) Non-Competition. During the term of Executive’s employment with the Company, or any affiliate
thereof and for a two (2)-year period following the termination of Executive’s employment for any reason, Executive shall not, directly or indirectly: 
 (i) engage in any managerial, administrative, advisory, consulting, operational or sales activities in a Restricted Business anywhere in the Restricted Area, including, without limitation, as a director
or partner of such Restricted Business, or 

  
  

			
	EXTERRAN HOLDINGS, INC.	 	PAGE 5 OF 10
	CHANGE OF CONTROL AGREEMENT	 	

 (ii) organize, establish, operate, own, manage, control or have a direct or
indirect investment or ownership interest in a Restricted Business or in any corporation, partnership (limited or general), limited liability company, enterprise or other business entity that engages in a Restricted Business anywhere in the
Restricted Area. 
 Nothing contained in this Section 4 shall prohibit or otherwise restrict Executive from acquiring or
owning, directly or indirectly, for passive investment purposes not intended to circumvent this Agreement, securities of any entity engaged, directly or indirectly, in a Restricted Business if either (i) such entity is a public entity and
Executive (A) is not a controlling Person of, or a member of a group that controls, such entity and (B) owns, directly or indirectly, no more than three percent (3%) of any class of equity securities of such entity or (ii) such
entity is not a public entity and Executive (A) is not a controlling Person of, or a member of a group that controls, such entity and (B) does not own, directly or indirectly, more than one percent (1%) of any class of equity
securities of such entity. 
 (e) Injunctive Relief. Executive acknowledges that monetary damages for any
breach of Sections 4(b), (c), and (d) above will not be an adequate remedy and that irreparable injury will result to the Company, its business and property, in the event of such a breach. For that reason, Executive agrees that in the event of
a breach of Sections 4(b), (c), and (d) above, in addition to recovering legal damages, the Company is entitled to proceed in equity for specific performance or to enjoin Executive from violating such provisions. 

5. Miscellaneous Provisions. 
 (a) Definitions Incorporated by Reference. Reference is made to Annex I hereto for definitions of certain capitalized terms used in this Agreement, and such definitions are incorporated
herein by such reference with the same effect as if set forth herein. 
 (b) No Other Mitigation or Offset;
Legal Fees. The provisions of this Agreement are not intended to, nor shall they be construed to, require that Executive mitigate the amount of any payment or benefit provided for in this Agreement by seeking or accepting other
employment. Except as provided in Section 3(b), the amount of any payment or benefit provided for in this Agreement shall not be reduced by any compensation earned or health benefits received by Executive as the result of employment outside of
the Company. Without limitation of the foregoing, except as provided in Section 3(f), the Company’s obligations to Executive under this Agreement shall not be affected by any set off, counterclaim, recoupment, defense or other claim, right
or action that the Company may have against Executive. 
 (c) Cooperation. If Executive becomes
entitled to severance benefits under Section 3 of this Agreement, Executive agrees, for a one (1)-year period following the Date of Termination, to provide reasonable cooperation to the Company in response to reasonable requests made by the
Company for information or assistance, including but not limited to, participating upon reasonable notice in conferences and meetings, 

  
  

			
	EXTERRAN HOLDINGS, INC.	 	PAGE 6 OF 10
	CHANGE OF CONTROL AGREEMENT	 	

 
providing documents or information, aiding in the analysis of documents, or complying with any other reasonable requests by the Company, including execution of any agreements that are reasonably
necessary, provided that such cooperation relates to matters concerning Executive’s duties with the Company and the requests do not, in the good faith opinion of Executive, materially interfere with Executive’s other activities.

 (d) Successors; Binding Agreement. 

(i) Except in the case of a merger involving the Company with respect to which under applicable law the surviving
corporation of such merger will be obligated under this Agreement in the same manner and to the same extent as the Company would have been required if no such merger had taken place, the Company will require any successor, by purchase or otherwise,
to all or substantially all of the business and/or assets of the Company, to execute an agreement whereby such successor expressly assumes and agrees to perform this Agreement in the same manner and to the same extent as the Company would have been
required if no such succession had taken place and expressly agrees that Executive may enforce this Agreement against such successor. Failure of the Company to obtain any such required agreement and to deliver such agreement to Executive prior to
the effectiveness of any such succession shall be a breach of this Agreement and shall entitle Executive to payment from the Company in the same amount and on the same terms as Executive would be entitled hereunder if Executive’s employment had
terminated for Good Reason and such termination constituted a Qualifying Termination of Employment, except that for purposes of implementing the foregoing, the date on which any such succession becomes effective shall be deemed the Date of
Termination. As used in this Agreement, “Company” shall mean the Company as hereinbefore defined and any successor to its business and/or assets that executes and delivers the agreement provided for in this
Section 5(d)(i) or which otherwise becomes bound by all the terms and provisions of this Agreement by operation of law. 
 (ii) This Agreement shall inure to the benefit of and be enforceable by Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and
legatees. If Executive should die while any amounts would still be payable to Executive hereunder if Executive had continued to live, all such amounts shall be paid in accordance with the terms of this Agreement to Executive’s beneficiary as
filed with the Company pursuant to this Agreement or, if there is no such designated beneficiary, to Executive’s estate. 

  
  

			
	EXTERRAN HOLDINGS, INC.	 	PAGE 7 OF 10
	CHANGE OF CONTROL AGREEMENT	 	

 (e) Notice. All notices, consents, waivers, and other communications
required under this Agreement must be in writing and will be deemed to have been duly given when (i) delivered by hand (with written confirmation of receipt), (ii) sent by facsimile (with confirmation of receipt), provided that a copy is
mailed by certified mail, return receipt requested, or (iii) when received by the addressee, if sent by a nationally recognized overnight delivery service, in each case to the appropriate addresses and facsimile numbers set forth below (or to
such other addresses and facsimile numbers as a party may designate by notice to the other parties): 
 If to the Company:

 Exterran Holdings, Inc. 
 16666 Northchase Drive 
 Houston, Texas 77060 

Attn: Chairman of the Board of Directors 
 Facsimile No.: 713-836-7953 
 If to Executive: 

 

			
	  
	  	
	  
	  	

 (f) Miscellaneous. No provisions of this Agreement may be modified, waived or
discharged unless such waiver, modification or discharge is agreed to in a writing signed by Executive and by the Chairman of the Board or an authorized officer of the Company. No waiver by either party hereto at any time of any breach by the other
party hereto of, or compliance with, any condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time.

 (g) Choice of Law; Validity. The interpretation, construction and performance of this Agreement shall
be governed by and construed and enforced in accordance with the laws of the State of Texas without regard to conflicts of laws principles. The invalidity or unenforceability of any provisions of this Agreement shall not affect the validity or
enforceability of any other provision of this Agreement, each of which shall remain in full force and effect. 

(h) Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed to be
an original but all of which together shall constitute one and the same instrument. 
 (i) Descriptive
Headings. Descriptive headings are for convenience only and shall not control or affect the meaning or construction of any provision of this Agreement. 
 (j) Corporate Approval. This Agreement has been approved by the Board, and has been duly executed and delivered by Executive and on behalf of the Company by its duly authorized representative.

 (k) Disputes. The parties agree to resolve any claim or controversy arising out of or relating to this
Agreement by binding arbitration under the Federal Arbitration Act before one arbitrator in the City of Houston, State of Texas, administered by the American Arbitration Association under its Commercial Arbitration Rules, and judgment on the award
rendered by the arbitrator may be entered in any court having jurisdiction 

  
  

			
	EXTERRAN HOLDINGS, INC.	 	PAGE 8 OF 10
	CHANGE OF CONTROL AGREEMENT	 	

 
thereof. The Company shall reimburse Executive, not later than December 31st of the calendar year incurred (or, if later, the last day of the month following the month incurred), for all
legal fees and expenses incurred by Executive in connection with any dispute arising under this Agreement on or after the Effective Date, including, without limitation, the fees and expenses of the arbitrator, unless the arbitrator finds Executive
brought such claim in bad faith, in which event each party shall pay its own costs and expenses and Executive shall repay the Company any fees and expenses previously paid on Executive’s behalf by the Company. 

The parties stipulate that the provisions hereof shall be a complete defense to any suit, action, or proceeding instituted
in any federal, state, or local court or before any administrative tribunal with respect to any controversy or dispute arising during the period of this Agreement and which is arbitrable as herein set forth. The arbitration provisions hereof shall,
with respect to such controversy or dispute, survive the termination of this Agreement. This Section 5(k) shall be administered in accordance with the disputed payment provisions of Treasury Regulation Section 1.409A-3(g). 

(l) Withholding of Taxes. The Company may withhold from any amounts payable under this Agreement all taxes it is
required to withhold pursuant to any applicable law or regulation. 
 (m) No Employment Agreement. Nothing
in this Agreement shall give Executive any rights to (or impose any obligations for) continued employment by the Company or any of its affiliates or any successors, nor shall it give the Company any rights (or impose any obligations) with respect to
continued performance of duties by Executive for the Company or any of its affiliates or successors. 
 (n)
Entire Agreement. This Agreement constitutes the entire agreement of Executive and the Company with respect to the subject matter hereof, and hereby expressly terminates, rescinds and replaces in full any prior and contemporaneous promises,
representations, understandings, arrangements and agreements between the parties relating to the subject matter hereof, whether written or oral. However, the Severance Benefit Agreement between the Company and the Executive dated as of the date
hereof (the “Severance Agreement”) shall remain in full force and effect through the Date of Termination (and if there is a Qualifying Termination of Employment under the Severance Agreement that does not constitute a
Qualifying Termination for purposes of this Agreement, then the Severance Agreement shall apply in lieu of this Agreement (and this Agreement shall be of no further force and effect)). Nothing in this Agreement shall affect Executive’s rights
under such compensation and benefit plans and programs of the Company in which Executive may participate, except as may be explicitly provided in this Agreement. 
 [Signature page follows.] 

  
  

			
	EXTERRAN HOLDINGS, INC.	 	PAGE 9 OF 10
	CHANGE OF CONTROL AGREEMENT	 	

 IN WITNESS WHEREOF, the parties have executed this Agreement in multiple
counterparts, all of which shall constitute one agreement, effective as of the Effective Date. 
  

			
	EXTERRAN HOLDINGS, INC.
		
	By:	 	 /s/ Gordon T. Hall

		 	Name: Gordon T. Hall
		 	Title: Chairman of the Board
	
	EXECUTIVE
	
	 /s/ D. Bradley Childers

	D. Bradley Childers

  
  

			
	EXTERRAN HOLDINGS, INC.	 	PAGE 10 OF 10
	CHANGE OF CONTROL AGREEMENT	 	

 ANNEX I 
 TO 
 CHANGE OF CONTROL AGREEMENT 

Definitions: 
  

	1.	401(k) Plan. “401(k) Plan” shall mean the Company’s 401(k) Retirement and Savings Plan or any successor plan and any other Code
Section 401(a) qualified plan that includes a cash or deferral arrangement under Code Section 401(k). 

  

	2.	Base Salary. “Base Salary” shall mean an Executive’s annual rate of base salary (without regard to bonus compensation) as in effect
immediately prior to the Change of Control or as the same may be increased from time to time thereafter. 

  

	3.	Board. “Board” shall mean the Board of Directors of the Company. 

 

	4.	Cause. “Cause” shall mean a termination of Executive’s employment due to (a) the commission by Executive of an act of fraud,
embezzlement or willful breach of a fiduciary duty to the Company or an affiliate (including the unauthorized disclosure of confidential or proprietary material information of the Company or an affiliate), (b) a conviction of Executive of (or a
plea of nolo contendere to) a felony or a crime involving fraud, dishonesty or moral turpitude, (c) willful failure of Executive to follow the written directions of the Board; (d) willful misconduct by Executive as an employee of
the Company or an affiliate; (e) the willful failure of Executive to render services to the Company or an affiliate in accordance with Executive’s employment arrangement, which failure amounts to a material neglect of Executive’s
duties to the Company or an affiliate; or (f) Executive’s substantial dependence, as determined in the sole discretion of the Board, on any drug, immediate precursor or other substance listed on Schedule IV of the Federal
Comprehensive Drug Abuse Prevention and Control Act of 1970, as amended. 

  

	5.	Change of Control. A “Change of Control” of the Company shall mean: 

 

	 	(a)	The acquisition by any Person of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of forty percent (40%) or more of
either (A) the then outstanding shares of common stock of the Company (the “Outstanding Company Common Stock”) or (B) the combined voting power of the then outstanding voting securities of the Company entitled to
vote generally in the election of directors (the “Outstanding Company Voting Securities”); provided, however, that for purposes of this subsection (a), any acquisition by any Person pursuant to a transaction which
complies with clause (A) of subsection (c) of this definition shall not constitute a Change of Control; or 

  

	 	(b)	 Individuals who, as of the date hereof, constitute the Board (the “Incumbent Board”) cease for any reason to constitute at
least a majority of the Board; provided, however, that any individual becoming a director subsequent to the date 

  
 A-1

	 	
hereof whose election, or nomination for election by the Company’s stockholders, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be
considered for purposes of this definition as though such individual was a member of the Incumbent Board, but excluding, for these purposes, any such individual whose initial assumption of office occurs as a result of an actual or threatened
election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board; or 

 

	 	(c)	The consummation of a reorganization, merger or consolidation involving the Company or any of its subsidiaries, or the sale, lease or other disposition of all or
substantially all of the assets of the Company and its subsidiaries, taken as a whole (other than to an entity wholly owned, directly or indirectly, by the Company) (each, a “Corporate Transaction”), in each case, unless,
following such Corporate Transaction, (A) all or substantially all of the individuals and entities who were the beneficial owners of the Outstanding Company Common Stock and Outstanding Company Voting Securities immediately prior to such
Corporate Transaction beneficially own, directly or indirectly, more than sixty percent (60%) of, respectively, the then outstanding shares of common stock and the combined voting power of the then outstanding voting securities entitled to vote
generally in the election of directors, as the case may be, of the Resulting Corporation in substantially the same proportions as their ownership, immediately prior to such Corporate Transaction, of the Outstanding Company Common Stock and the
Outstanding Company Voting Securities, as the case may be, and (B) at least a majority of the members of the board of directors of the Resulting Corporation were members of the Incumbent Board at the time of the execution of the initial
agreement, or of the action of the Board, providing for such Corporate Transaction. The term “Resulting Corporation” means (1) the Company or its successor, or (2) if as a result of a Corporate Transaction the
Company or its successor becomes a subsidiary of another entity, then such entity or the parent of such entity, as applicable, or (3) in the event of a Corporate Transaction involving the sale, lease or other disposition of all or substantially
all of the assets of the Company and its subsidiaries, taken as a whole, then the transferee of such assets or the parent of such transferee, as applicable, in such Corporate Transaction. Notwithstanding the foregoing, neither the sale, lease or
other disposition of assets by the Company or its subsidiaries to the Partnership or its subsidiaries or their successors nor the sale, lease or other disposition of any interest in the Partnership, its general partner or its subsidiaries or their
successors shall, in and of itself, constitute a Change of Control for purposes of this Agreement. 

  

	6.	Code. “Code” shall mean the Internal Revenue Code of 1986, as amended. 

 

	7.	 Confidential Information. “Confidential Information” shall mean any and all information, data and knowledge that has
been created, discovered, developed or otherwise become known to the Company or any of its affiliates or ventures or in which property rights have been assigned or otherwise conveyed to the Company or any of its

  
 A-2

	 	
affiliates or ventures, which information, data or knowledge has commercial value in the business in which the Company is engaged, except such information, data or knowledge as is or becomes
known to the public without violation of the terms of this Agreement. 

  

	8.	Date of Termination. “Date of Termination” shall mean (a) if Executive terminates his employment for Good Reason, that date on which
Executive’s employment is deemed terminated as provided in the definition of Good Reason, (b) with respect to a termination of employment prior to a Change of Control that is deemed to be during the Protected Period, the date of such
termination, or (c) if Executive’s employment is terminated for any other reason on or after a Change of Control, the date of such termination, provided, in the case of each of clauses (a), (b) and (c) above, that such
termination is also a “separation from service” within the meaning of Code Section 409A. 

  

	9.	Disability. A “Disability” shall mean Executive becoming entitled to long-term disability benefits under the Company’s long-term
disability plan. 

  

	10.	Exchange Act. “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended. 

 

	11.	Good Reason. “Good Reason” shall mean the occurrence of any of the following without Executive’s express written consent:

  

	 	(a)	a permanent change in Executive’s duties or responsibilities which are materially inconsistent with either the type of duties and responsibilities of Executive
then in effect or with Executive’s title, but excluding any such change that is in conjunction with and consistent with a promotion of Executive; 

  

	 	(b)	a reduction in Executive’s Base Salary; 

  

	 	(c)	a reduction in Executive’s annual Target Short-Term Incentive percentage of Base Salary as in effect immediately prior to the Change of Control;

  

	 	(d)	a material reduction in Executive’s employee benefits (without regard to bonus compensation, if any) if such reduction results in Executive receiving benefits
which are, in the aggregate, materially less than the benefits received by other comparable employees of the Company generally; 

  

	 	(e)	Executive’s being required to be based at any other office or location of employment more than fifty (50) miles from Executive’s primary office or
location of employment immediately prior to a Change of Control; or 

  

	 	(f)	the willful failure by the Company to pay any compensation to Executive when due. 

  
 A-3

 However, Good Reason shall not exist with respect to a matter unless Executive gives the
Company a Notice of Termination within eighteen (18) months following the date of occurrence of the Change of Control. If Executive fails to give such Notice of Termination timely, Executive shall be deemed to have waived all rights Executive
may have under this Agreement with respect to such matter. The Company shall have thirty (30) business days from the date of receipt of such Notice of Termination to cure the matter. If the Company cures the matter, such Notice of Termination
shall be deemed rescinded. If the Company fails to cure the matter timely, Executive shall be deemed to have terminated at the end of such thirty (30)-day period. 
  

	12.	IRS. “IRS” shall mean the Internal Revenue Service. 

 

	13.	Notice of Termination. “Notice of Termination” shall mean a written notice that sets forth in reasonable detail the facts and
circumstances for termination of Executive’s employment. 

  

	14.	Partnership. “Partnership” shall mean Exterran Partners, L.P. (formerly named Universal Compression Partners, L.P.).

  

	15.	Person. “Person” shall mean any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Exchange
Act). 

  

	16.	Protected Period. The “Protected Period” shall mean the period of time beginning with the Change of Control and ending on the eighteen
(18)-month anniversary of such Change of Control or Executive’s death, if earlier; provided, however, (a) if Executive’s employment with the Company is terminated during the Term and within six (6) months prior to the date
on which a Change of Control occurs (e.g., not during the Protected Period), and (b) it is reasonably demonstrated by Executive that such termination was at the request of a third party who has taken steps reasonably calculated to effect the
Change of Control, or otherwise arose in connection with or anticipation of the Change of Control, then for all purposes of this Agreement the Change of Control shall be deemed to have occurred on the date immediately prior to the date of
Executive’s termination and Executive shall be deemed terminated by the Company during the Protected Period other than for Cause. 

  

	17.	Qualifying Termination of Employment. A “Qualifying Termination of Employment” shall mean a termination of Executive’s employment
during the Protected Period either (a) by the Company other than for Cause or (b) by Executive for a Good Reason. A termination of employment due to the Executive’s death or Disability during the Protected Period shall not constitute
a Qualifying Termination of Employment. 

  

	18.	Restricted Area. “Restricted Area” shall mean any state in the United States, or any country in which the Company or its subsidiaries
engage in any Restricted Business at any time during the term of Executive’s employment with the Company. 

  
 A-4

	19.	Restricted Business. “Restricted Business” shall mean the business of designing, manufacturing, servicing, operating, marketing,
assembling, renting or leasing of air or gas compressors or devices using comparable technologies or other business in which the Company or its subsidiaries may be engaged during the term of Executive’s employment with the Company. To the
extent that any entity is primarily engaged in a business other than a Restricted Business, the term “Restricted Business” shall mean the operations, division, segment or subsidiary of such entity that is engaged in any
Restricted Business. 

  

	20.	Short-Term Incentive. “Short-Term Incentive” shall mean, with respect to any fiscal year of the Company, the specific annual incentive
award (if any) approved for Executive by the Board or a designated committee of the Board with respect to such year. 

  

	21.	Target Short-Term Incentive. “Target Short-Term Incentive” shall mean the target annual short-term incentive opportunity for Executive
expressed as a percentage of salary, as set forth in the annual management incentive plan covering such Executive. 

  

	22.	Termination Year. “Termination Year” shall mean the calendar year during which Executive’s Date of Termination occurs.

  
 A-5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00199-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00199-of-00352.parquet"}]]