Document:

Registration Rights Agreement

 Exhibit 10.16 
 REGISTRATION RIGHTS AGREEMENT 
 THIS REGISTRATION RIGHTS AGREEMENT (this
“Agreement”), dated December 14, 2012, is made by and among Empeiria Acquisition Corp., a Delaware corporation (the “Company”), and the undersigned parties listed as Holders on the signature pages
hereto (each, a “Holder” and collectively, the “Holders”). 
 RECITALS

 WHEREAS, the Company, Integrated Drilling Equipment Company Holdings Inc. (“IDE”) and the other
parties thereto have entered into that certain Agreement and Plan of Merger (the “Merger Agreement”), dated as of October 19, 2012, pursuant to which IDE will be merged with and into IDE Acquisition Co., LLC, a Delaware
limited liability company (‘Merger Sub”), with Merger Sub surviving the merger as a wholly-owned subsidiary of the Company; 
 WHEREAS, in connection with the transactions contemplated by the Merger Agreement, each Holder will receive shares of common stock of the Company, par value $0.0001 (the “Common
Stock”) as consideration (the “Share Consideration”). In addition, each Holder may receive additional contingent consideration (the “Contingent Consideration” and, together with the Share
Consideration, the “Merger Shares”) if the Common Stock achieve certain stock price targets; and 

WHEREAS, the Company and the Holders desire to enter into this Agreement, pursuant to which the Company shall grant the Holders certain
registration rights with respect to certain securities of the Company, as set forth in this Agreement. 
 NOW, THEREFORE, in
consideration of the representations, covenants and agreements contained herein, and certain 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: 
 ARTICLE I 
 DEFINITIONS 
 The terms defined in this Article I shall, for all purposes
of this Agreement, have the respective meanings set forth below: 
 “Adverse Disclosure” shall mean any
public disclosure of material non-public information, which disclosure, in the good faith judgment of the Chief Executive Officer or principal financial officer of the Company, after consultation with counsel to the Company, (a) would be
required to be made in any Registration Statement or Prospectus in order for the applicable Registration Statement or Prospectus not to contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements
contained therein (in the case of any Prospectus and any preliminary Prospectus, in the light of the circumstances under which they were made) not misleading, (b) would not be required to be made at such time if the Registration Statement were
not being filed, and (c) the Company has a bona fide business purpose for not making such information public. 

“Agreement” shall have the meaning given in the Preamble. 

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

“Closing Date” shall mean the date on which the transactions contemplated by the Merger Agreement actually close.

 “Commission” shall mean the Securities and Exchange Commission.

 “Common Stock” shall have the meaning given in the Recitals hereto. 

“Company” shall have the meaning given in the Preamble. 

“Contingent Consideration” shall have the meaning given in the Preamble. 

“Demand Registration” shall have the meaning given in Section 2.1(a). 

“Demanding Holder” shall have the meaning given in Section 2.1(a). 

“Exchange Act” shall mean the Securities Exchange Act of 1934. 

“Form S-1” shall have the meaning given in Section 2.1(a). 

“Form S-3” shall have the meaning given in Section 2.2(d). 

“Holders” shall have the meaning given in the Preamble. 

“IDE” shall have the meaning given in the Preamble. 

“Lock-up Period” shall mean the period beginning on the date hereof and ending on the first anniversary hereof.

 “Maximum Number of Securities” shall have the meaning given in Section 2.1(d).

 “Merger Agreement” shall have the meaning given in the Preamble. 

“Merger Shares” shall have the meaning given in the Preamble. 

“Misstatement” shall mean an untrue statement of a material fact or an omission to state a material fact required
to be stated in a Registration Statement, preliminary Prospectus or Prospectus, or any amendment thereto or supplement thereof, or necessary to make the statements in a Registration Statement or Prospectus not misleading. 

“Piggy-back Registration” shall have the meaning given in Section 2.2. 

“Prospectus” shall mean the prospectus included in any Registration Statement, as supplemented by any and all
prospectus supplements and as amended by any and all post-effective amendments and including all material incorporated by reference in such prospectus. 
 “Registrable Security” shall mean (a) the Merger Shares, (b) any outstanding shares of Common Stock or any other equity security (including the Common Stock issued or
issuable upon the exercise of any other equity security) held by a Holder as of the date of this Agreement, and (c) any other equity security of the Company issued or issuable with respect to any such shares of Common Stock by way of a stock
dividend or stock split or in connection with a combination of stock, acquisition, recapitalization, consolidation, reorganization, stock exchange, stock reconstruction and amalgamation or contractual control arrangement with, purchasing all or
substantially all of the assets of, or engagement in any other similar transaction; provided, however, that, as to any particular security, such security shall not be a Registrable Security if the security is subject to the Lock-Up
Agreement and 60 or more days remain in the Lock-Up Period with respect to such security, and such security shall cease to be Registrable 

  
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Securities when: (i) a Registration Statement with respect to the sale of such security shall have become effective under the Securities Act; (ii) such security shall have been
otherwise transferred, new certificates for such security not bearing a legend restricting further transfer shall have been delivered by the Company and subsequent public distribution of such security shall not require registration under the
Securities Act; (iii) such security shall have ceased to be outstanding; (iv) such security shall have been sold to, or through, a broker, dealer or underwriter in a public distribution or other public securities transaction or
(v) when such security has been sold to the public pursuant to Rule 144 promulgated under the Securities Act. 

“Registration” shall mean a registration effected by preparing and filing a Registration Statement or similar
document in compliance with the requirements of the Securities Act, and the applicable rules and regulations promulgated thereunder, and such Registration Statement becoming effective. 

“Registration Expenses” shall mean the out-of-pocket expenses of a Registration, including, without limitation,
the following: (a) all registration and filing fees (including fees with respect to filings required to be made with the Financial Industry Regulatory Authority and any securities exchange on which the Common Stock are then listed);
(b) fees and expenses of compliance with securities or blue sky laws (including reasonable fees and disbursements of counsel for the Underwriters in connection with blue sky qualifications of Registrable Securities); (c) printing,
messenger, telephone and delivery expenses; (d) reasonable fees and disbursements of counsel for the Company; (e) reasonable fees and disbursements of all independent registered public accountants of the Company incurred specifically in
connection with such Registration; and (f) reasonable fees and expenses of one legal counsel selected by the majority-in-interest of the Demanding Holders initiating a Demand Registration to be registered for offer and sale in the applicable
Registration. 
 “Registration Statement” shall mean any registration statement that covers the
Registrable Securities pursuant to the provisions of this Agreement, including the Prospectus included in such registration statement, amendments (including post-effective amendments) and supplements to such registration statement, and all exhibits
to and all material incorporated by reference in such registration statement. 
 “Requesting Holder”
shall have the meaning given in subsection 2.1(a). 
 “Securities Act” shall mean the Securities
Act of 1933. 
 “Share Consideration” shall have the meaning given in the Preamble. 

“Underwriter” shall mean a securities dealer who purchases any Registrable Securities as principal in an
Underwritten Offering and not as part of such dealer’s market-making activities. 
 “Underwritten
Registration” or “Underwritten Offering” shall mean a Registration in which securities of the Company are sold to an Underwriter in a firm commitment underwriting for distribution to the public. 

ARTICLE II 

REGISTRATIONS 

2.1 Demand Registration. 
 (a) Request for Registration. Subject to the provisions of Section 2.1(d) and Section 2.4 hereof, at any time and from time to time on or after the Closing Date, the Holders
of at least 25% of the 

  
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then outstanding number of Registrable Securities (the “Demanding Holders”) may make a written demand for Registration of at least 15% of the then outstanding number of
Registrable Securities, which written demand shall describe the amount and type of securities to be included in such Registration and the intended method(s) of distribution thereof (such written demand a “Demand
Registration”). The Company shall, within ten days of the Company’s receipt of the Demand Registration, notify, in writing, all other Holders of Registrable Securities of such demand, and each Holder of Registrable Securities who
thereafter wishes to include all or a portion of such Holder’s Registrable Securities in a Registration pursuant to a Demand Registration (each such Holder that includes all or a portion of such Holder’s Registrable Securities in such
Registration, a “Requesting Holder”) shall so notify the Company, in writing, within five days after the receipt by the Holder of the notice from the Company. Upon receipt by the Company of any such written notification from
a Requesting Holder to the Company, such Requesting Holder shall be entitled to have its Registrable Securities included in a Registration pursuant to a Demand Registration and the Company shall file, as soon thereafter as practicable, but not more
than 60 days immediately after the Company’s receipt of the Demand Registration, a Registration Statement and use its reasonable best efforts to effect the Registration of all Registrable Securities requested by the Demanding Holders and
Requesting Holders pursuant such the Demand Registration. Under no circumstances shall the Company be obligated to effect more than an aggregate of two Registrations pursuant to a Demand Registration under this Section 2.1(a) with
respect to any or all Registrable Securities; provided, however, that a Registration shall not be counted for such purposes unless a Form S-1 or any similar long-form registration statement that may be available at such time
(“Form S-1”) has become effective and all of the Registrable Securities requested by the Requesting Holders to be registered on behalf of the Requesting Holders in such Form S-1 Registration have been sold, in accordance with
Section 3.1 of this Agreement. 
 (b) Effective Registration. Notwithstanding the provisions of
Section 2.1(a) above or any other part of this Agreement, a Registration pursuant to a Demand Registration shall not count as a Registration unless and until the Registration Statement filed with the Commission with respect to a
Registration pursuant to a Demand Registration has been declared effective by the Commission; provided, that if, after such Registration Statement has been declared effective, an offering of Registrable Securities in a Registration pursuant
to a Demand Registration is subsequently interfered with by any stop order or injunction of the Commission, federal or state court or any other governmental agency the Registration Statement with respect to such Registration shall be deemed not to
have been declared effective, unless and until, such stop order or injunction is removed, rescinded or otherwise terminated. 

(c) Underwritten Offering. Subject to the provisions of Section 2.1(d) and Section 2.4 hereof, if a
majority-in-interest of the Demanding Holders so advise the Company as part of their Demand Registration that the offering of the Registrable Securities pursuant to such Demand Registration shall be in the form of an Underwritten Offering, then the
right of such Demanding Holder or Requesting Holder (if any) to include its Registrable Securities in such Registration shall be conditioned upon such Holder’s participation in such Underwritten Offering and the inclusion of such Holder’s
Registrable Securities in such Underwritten Offering to the extent provided herein. All such Holders proposing to distribute their Registrable Securities through an Underwritten Offering under this Section 2.1(c) shall enter into an
underwriting agreement in customary form with the Underwriter(s) selected for such Underwritten Offering by the majority-in-interest of the Demanding Holders initiating the Demand Registration. 

(d) Reduction of Underwritten Offering. If the managing Underwriter or Underwriters in an Underwritten Registration pursuant to a
Demand Registration, in good faith, advises the Company, the Demanding Holders and the Requesting Holders (if any) in writing that the dollar amount or number of Registrable Securities that the Demanding Holders and the Requesting Holders (if any)
desire to sell, taken together with all other shares of Common Stock or other equity securities that the Company desires to sell and the shares of Common Stock, if any, as to which a Registration has been requested pursuant to separate written
contractual piggy-back registration rights held by any other stockholders who desire to sell, exceeds the maximum dollar amount or maximum number of equity securities that can be sold in the 

  
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Underwritten Offering without adversely affecting the proposed offering price, the timing, the distribution method, or the probability of success of such offering (such maximum dollar amount or
maximum number of such securities, as applicable, the “Maximum Number of Securities”), then the Company shall include in such Underwritten Offering, as follows: (i) first, the Registrable Securities of the Demanding
Holders and the Requesting Holders (if any) (pro rata based on the respective number of Registrable Securities that each Demanding Holder and Requesting Holder (if any) has requested be included in such Underwritten Registration and the aggregate
number of Registrable Securities that the Demanding Holders and Requesting Holders have collectively requested be included in such Underwritten Registration (such proportion is referred to herein as “Pro Rata”)) that can be
sold without exceeding the Maximum Number of Securities; (ii) second, to the extent that the Maximum Number of Securities has not been reached under the foregoing clause (i), the shares of Common Stock or other equity securities that the
Company desires to sell, which can be sold without exceeding the Maximum Number of Securities, Pro Rata, that can be sold without exceeding the Maximum Number of Securities; and (iii) third, to the extent that the Maximum Number of Securities
has not been reached under the foregoing clauses (i) and (ii), the shares of Common Stock or other equity securities of other persons or entities that the Company is obligated to register in a Registration pursuant to separate written
contractual arrangements with such persons and that can be sold without exceeding the Maximum Number of Securities. 
 (e)
Demand Registration Withdrawal. A majority-in-interest of the Demanding Holders initiating a Demand Registration or a majority-in-interest of the Requesting Holders (if any), pursuant to a Registration under subsection 2.1(a) shall
have the right to withdraw from a Registration pursuant to such Demand Registration for any or no reason whatsoever upon written notification to the Company and the Underwriter or Underwriters (if any) of their intention to withdraw from such
Registration prior to the effectiveness of the Registration Statement filed with the Commission with respect to the Registration of their Registrable Securities pursuant to such Demand Registration. Notwithstanding anything to the contrary in this
Agreement, the Company shall be responsible for the Registration Expenses incurred by any Holder in connection with any Registration pursuant to a Demand Registration prior to its withdrawal under this Section 2.1(e). 

2.2 Piggy-back Registration. 
 (a) Piggy-back Rights. If, at any time on or after the Closing Date, the Company proposes to file a Registration Statement under the Securities Act with respect to an offering of equity securities,
or securities or other obligations exercisable or exchangeable for, or convertible into equity securities, for its own account or for the account of stockholders of the Company (or by the Company and by the stockholders of the Company including,
without limitation, pursuant to Section 2.1 hereof), other than a Registration Statement (i) filed in connection with any employee stock option or other benefit plan, (ii) for an exchange offer or offering of securities solely
to the Company’s existing stockholders, (iii) for an offering of debt that is convertible into equity securities of the Company, or (iv) for a dividend reinvestment plan, then the Company shall give written notice of such proposed
filing to all of the Holders of Registrable Securities as soon as practicable but not less than ten days before the anticipated filing date of such Registration Statement, which notice shall (A) describe the amount and type of securities to be
included in such offering, the intended method(s) of distribution, and the name of the proposed managing Underwriter or Underwriters, if any, in such offering, and (B) offer to all of the Holders of Registrable Securities the opportunity to
register the sale of such number of Registrable Securities as such Holders may request in writing within five days after receipt of such written notice (such Registration a “Piggy-back Registration”). The Company shall, in
good faith, cause such Registrable Securities to be included in such Piggy-back Registration and shall use reasonable best efforts to cause the managing Underwriter or Underwriters of a proposed Underwritten Offering to permit the Registrable
Securities requested by the Holders pursuant to this Section 2.2(a) to be included in a Piggy-

  
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back Registration on the same terms and conditions as any similar securities of the Company included in such Registration and to permit the sale or other disposition of such Registrable
Securities in accordance with the intended method(s) of distribution thereof. All such Holders proposing to distribute their Registrable Securities through an Underwritten Offering under this Section 2.2(a) shall enter into an
underwriting agreement in customary form with the Underwriter(s) selected for such Underwritten Offering by the Company. 
 (b)
Reduction of Piggy-back Registration. If the managing Underwriter or Underwriters in an Underwritten Registration that is to be a Piggy-back Registration, in good faith, advises the Company and the Holders of Registrable Securities
participating in the Piggy-back Registration in writing that the dollar amount or number of the shares of Common Stock that the Company desires to sell, taken together with (i) the shares of Common Stock, if any, as to which Registration has
been demanded pursuant to separate written contractual arrangements with persons or entities other than the Holders of Registrable Securities hereunder, (ii) the Registrable Securities as to which registration has been requested pursuant
Section 2.2 hereof, and (iii) the shares of Common Stock, if any, as to which Registration has been requested pursuant to separate written contractual piggy-back registration rights of other stockholders of the Company, exceeds the
Maximum Number of Securities, then: 
 (c) If the Registration is undertaken for the Company’s account, the Company shall
include in any such Registration (i) first, the shares of Common Stock or other equity securities that the Company desires to sell, which can be sold without exceeding the Maximum Number of Securities; (ii) second, to the extent that the
Maximum Number of Securities has not been reached under the foregoing clause (i), the shares of Common Stock, if any, as to which Registration has been requested pursuant to written contractual piggy-back registration rights of other stockholders of
the Company, which can be sold without exceeding the Maximum Number of Securities; and (iii) third, to the extent that the Maximum Number of Securities has not been reached under the foregoing clauses (i) and (ii), the Registrable
Securities of Holders exercising their rights to register their Registrable Securities pursuant to Section 2.2(a) hereof as to which registration has been requested pursuant to the applicable written contractual piggy-back registration
rights of such security holders, Pro Rata, which can be sold without exceeding the Maximum Number of Securities; 
 (d) If the
Registration is pursuant to a request by persons or entities other than the Holders of Registrable Securities, then the Company shall include in any such Registration (i) first, the shares of Common Stock or other equity securities, if any, of
such requesting persons or entities, which can be sold without exceeding the Maximum Number of Securities; (ii) second, to the extent that the Maximum Number of Securities has not been reached under the foregoing clause (i), the shares of
Common Stock or other equity securities for the account of other persons or entities that the Company is obligated to register pursuant to separate written contractual arrangements with such persons or entities, which can be sold without exceeding
the Maximum Number of Securities; (iii) third, to the extent that the Maximum Number of Securities has not been reached under the foregoing clauses (i) and (ii), the Registrable Securities of Holders exercising their rights to register
their Registrable Securities pursuant to Section 2.2(a), Pro Rata, based on the number of Registrable Securities that each Holder has requested be included in such Underwritten Registration and the aggregate number of Registrable
Securities that the Holders have requested to be included in such Underwritten Registration, which can be sold without exceeding the Maximum Number of Securities; and (iv) fourth, to the extent that the Maximum Number of Securities has not been
reached under the foregoing clauses (i), (ii) and (iii), the shares of Common Stock or other equity securities that the Company desires to sell which can be sold without exceeding the Maximum Number of Securities. 

(e) Piggy-back Registration Withdrawal. Any Holder of Registrable Securities shall have the right to withdraw from a Piggy-back
Registration for any or no reason whatsoever upon written notification to the Company and the Underwriter or Underwriters (if any) of his, her or its intention to 

  
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withdraw from such Piggy-back Registration prior to the effectiveness of the Registration Statement filed with the Commission with respect to such Piggy-back Registration. The Company (whether on
its own good faith determination or as the result of a request for withdrawal by persons pursuant to separate written contractual obligations) may withdraw a Registration Statement filed with the Commission in connection with a Piggy-back
Registration at any time prior to the effectiveness of such Registration Statement. Notwithstanding anything to the contrary in this Agreement, the Company shall be responsible for the Registration Expenses incurred by any Holder in connection with
the Piggy-back Registration prior to such Holder’s withdrawal under this Section 2.2(c). 
 (f) Unlimited
Piggy-back Registration Rights. For purposes of clarity, any Registration effected pursuant to Section 2.2 hereof shall not be counted as a Registration pursuant to a Demand Registration effected under Section 2.1 hereof.

 2.3 Registrations on Form S-3. The Holders of Registrable Securities may at any time, and from time to time, request
in writing that the Company, pursuant to Rule 415 under the Securities Act (or any successor rule promulgated thereafter by the Commission), register the resale of any or all of their Registrable Securities on Form S-3 or any similar short-form
Registration Statement that may be available at such time (“Form S-3”); provided, however, that the Company shall not be obligated to effect such request through an Underwritten Offering. Within five days of the
Company’s receipt of a written request from a Holder or Holders of Registrable Securities for a Registration on Form S-3, the Company shall promptly give written notice of the proposed Registration on Form S-3 to all other Holders of
Registrable Securities, and each Holder of Registrable Securities who thereafter wishes to include all or a portion of such Holder’s Registrable Securities in such Registration on Form S-3 shall so notify the Company, in writing, within ten
days after the receipt by the Holder of the notice from the Company. As soon as practicable thereafter, but not more than 30 days after the Company’s initial receipt of such written request for a Registration on Form S-3, the Company shall
register all or such portion of such Holder’s Registrable Securities as are specified in such written request, together with all or such portion of Registrable Securities of any other Holder or Holders joining in such request as are specified
in the written notification given by such Holder or Holders; provided, however, that the Company shall not be obligated to effect any such Registration pursuant to Section 2.3 hereof if (i) a Form S-3 is not available
for such registration; or (ii) the Holders of Registrable Securities, together with the Holders of any other equity securities of the Company entitled to inclusion in such Registration, propose to sell the Registrable Securities and such other
equity securities (if any) at any aggregate price to the public of less than $10,000,000. 
 2.4 Restrictions on Registration
Rights. The Company may defer Registration so long as any of the following circumstances exist: (i) if the Company receives a Demand Registration pursuant to Section 2.1(a) during the period starting on the date that is 60 days prior
to the Company’s good faith estimate of the date of the filing of, and ending on the date that is 120 days after the effective date of, a Company initiated Registration and, after receipt of such Demand Registration, the Company continues to
actively employ, in good faith, reasonable best efforts to cause the applicable Registration Statement to become effective; (ii) the Holders have requested an Underwritten Registration and the Company and the Holders are unable to obtain the
commitment of underwriters to firmly underwrite the offer; or (iii) in the good faith judgment of the Board such Registration would be seriously detrimental to the Company and the Board concludes as a result that it is essential to defer the
filing of such Registration Statement at such time. Notwithstanding anything to the contrary contained in this Agreement, no Registration shall be effected or permitted and no Registration Statement shall become effective, with respect to any
Registrable Securities held by any Holder, until after the expiration of the Lock-up Period. 

  
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 ARTICLE III 
 COMPANY PROCEDURES 
 3.1 General Procedures. If at any time on or after the
Closing Date the Company is required to effect the Registration of Registrable Securities, the Company shall use its reasonable best efforts to effect such Registration to permit the sale of such Registrable Securities in accordance with the
intended plan of distribution thereof, and pursuant thereto the Company shall: 
 (a) prepare and file with the Commission as
soon as reasonably practicable a Registration Statement with respect to such Registrable Securities and use its reasonable best efforts to cause such Registration Statement to become effective and remain effective until all Registrable Securities
covered by such Registration Statement have been sold; 
 (b) prepare and file with the Commission such amendments and
post-effective amendments to the Registration Statement, and such supplements to the Prospectus, as may be requested by the Holders or any Underwriter of Registrable Securities or as may be required by the rules, regulations or instructions
applicable to the registration form used by the Company or by the Securities Act or rules and regulations thereunder to keep the Registration Statement effective until all Registrable Securities covered by such Registration Statement are sold in
accordance with the intended plan of distribution set forth in such Registration Statement or supplement to the Prospectus; 

(c) prior to filing a Registration Statement or prospectus, or any amendment or supplement thereto, furnish without charge to the Holders
of Registrable Securities included in such Registration copies of such Registration Statement as proposed to be filed, each amendment and supplement to such Registration Statement (in each case including all exhibits thereto and documents
incorporated by reference therein), the Prospectus included in such Registration Statement (including each preliminary Prospectus), and such other documents as the Underwriters and the Holders of Registrable Securities included in such Registration
may reasonably request in order to facilitate the disposition of the Registrable Securities owned by such Holders; 
 (d) prior
to any public offering of Registrable Securities, use its reasonable best efforts to (i) register or qualify the Registrable Securities covered by the Registration Statement under such securities or “blue sky” laws of
such jurisdictions in the United States as the Holders of Registrable Securities included in such Registration Statement (in light of their intended plan of distribution) may request and (ii) take such action necessary to cause such Registrable
Securities covered by the Registration Statement to be registered with or approved by such other governmental authorities as may be necessary by virtue of the business and operations of the Company and do any and all other acts and things that may
be necessary or advisable to enable the Holders of Registrable Securities included in such Registration Statement to consummate the disposition of such Registrable Securities in such jurisdictions; provided, however, that the Company shall
not be required to qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify or take any action to which it would be subject to general service of process or taxation in any such jurisdiction where it
is not then otherwise so subject; 
 (e) cause all such Registrable Securities to be listed on each securities exchange or
automated quotation system on which similar securities issued by the Company are then listed; 
 (f) provide a transfer agent
and registrar for all such Registrable Securities no later than the effective date of such Registration Statement; 
 (g) advise
each seller of such Registrable Securities, promptly after it shall receive notice or obtain knowledge thereof, of the issuance of any stop order by the Commission suspending the effectiveness of such Registration Statement or the initiation or
threatening of any proceeding for such purpose and promptly use its reasonable best efforts to prevent the issuance of any stop order or to obtain its withdrawal if such stop order should be issued; 

  
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 (h) notify the Holders at any time when a Prospectus relating to such Registration Statement
is required to be delivered under the Securities Act, of the happening of any event as a result of which the Prospectus included in such Registration Statement, as then in effect, includes a Misstatement, and then to correct such Misstatement as set
forth in Section 3.4 hereof; 
 (i) obtain a “cold comfort” letter from the Company’s
independent registered public accountants in the event of an Underwritten Registration, in customary form and covering such matters of the type customarily covered by “cold comfort” letters as the managing Underwriter may
reasonably request, and reasonably satisfactory to a majority-in-interest of the participating Holders; 
 (j) if the
Registration involves the Registration of Registrable Securities involving gross proceeds in excess of $50,000,000, use its reasonable best efforts to make available senior executives of the Company to participate in customary “road
show” presentations that may be reasonably requested by the Underwriter in any Underwritten Offering; and 
 (k)
otherwise, in good faith, cooperate reasonably with, and take such customary actions as may reasonably be requested by the Holders, in connection with such Registration. 
 3.2 Registration Expenses. The Registration Expenses of all Registrations shall be borne by the Company. It is acknowledged by the Holders that the Holders shall bear all incremental selling
expenses relating to the sale of Registrable Securities, such as Underwriters’ commissions and discounts, brokerage fees, Underwriter marketing costs and, other than as set forth in the definition of “Registration
Expenses,” all reasonable fees and expenses of any legal counsel representing the Holders. 
 3.3 Requirements
for Participation in Underwritten Offerings. No person may participate in any Underwritten Offering for equity securities of the Company pursuant to a Registration initiated by the Company hereunder unless such person (a) agrees to sell
such person’s securities on the basis provided in any underwriting arrangements approved by the Company and (b) completes and executes all customary questionnaires, powers of attorney, indemnities, lock-up agreements, underwriting
agreements and other customary documents as may be reasonably required under the terms of such underwriting arrangements. 
 3.4
Suspension of Sales; Adverse Disclosure. Upon receipt of written notice from the Company that a Registration Statement or Prospectus contains a Misstatement, each of the Holders shall forthwith discontinue disposition of Registrable
Securities until it has received copies of a supplemented or amended Prospectus correcting the Misstatement (it being understood that the Company hereby covenants to prepare and file such supplement or amendment as soon as practicable after the time
of such notice), or until it is advised in writing by the Company that the use of the Prospectus may be resumed. If the filing, initial effectiveness or continued use of a Registration Statement in respect of any Registration at any time would
require the Company to make an Adverse Disclosure or would require the inclusion in such Registration Statement of financial statements that are unavailable to the Company for reasons beyond the Company’s control, the Company may, upon giving
prompt written notice of such action to the Holders, delay the filing or initial effectiveness of, or suspend use of, such Registration Statement for a reasonable period of time (as determined by the Company). In the event the Company exercises its
rights under the preceding sentence, the Holders agree to suspend, immediately upon their receipt of the notice referred to above, their use of the Prospectus relating to any Registration in connection with any sale or offer to sell Registrable
Securities. The Company shall immediately notify the Holders of the expiration of any period during which it exercised its rights under this Section 3.4. 

  
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 3.5 Reporting Obligations. As long as any Holder shall own Registrable Securities,
the Company, at all times while it shall be reporting under the Exchange Act, covenants to file timely (or obtain extensions in respect thereof and file within the applicable grace period) all reports required to be filed by the Company after the
date hereof pursuant to Sections 13(a) or 15(d) of the Exchange Act and to promptly furnish the Holders with true and complete copies of all such filings. The Company further covenants that it shall take such further action as any Holder may
reasonably request, all to the extent required from time to time to enable such Holder to sell shares of Common Stock held by such Holder without registration under the Securities Act within the limitation of the exemptions provided by Rule 144
promulgated under the Securities Act, including providing any officers’ certificates or legal opinions that are consistent with market practice. Upon the request of any Holder, the Company shall deliver to such Holder a written certification of
a duly authorized officer as to whether it has complied with such requirements. 
 ARTICLE IV 

INDEMNIFICATION AND CONTRIBUTION 
 4.1 Indemnification. 
 (a) The Company shall indemnify, to the extent
permitted by law, each Holder of Registrable Securities, each such Holder’s officers and directors and each person who controls each such Holder (within the meaning of the Securities Act) against all losses, claims, damages, liabilities and
expenses (including reasonable attorneys’ fees) (collectively, “Losses”) caused by any untrue or alleged untrue statement of material fact contained in any Registration Statement, Prospectus or preliminary Prospectus or
any amendment thereof or supplement thereto or any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein not misleading, except insofar as any such statement or omission is caused
by or contained in (i) any information furnished to the Company by such Holder for use therein or (ii) any information furnished by such Holder pursuant to Section 4.1(b). 

(b) In connection with any Registration Statement in which a Holder of Registrable Securities is participating, such Holder shall furnish
to the Company in writing such information and affidavits as the Company reasonably requests for use in connection with any such Registration Statement or Prospectus and, to the extent permitted by law, shall indemnify the Company and its
Affiliates, their respective directors, officers and agents and each person who controls the Company (within the meaning of the Securities Act) against any Losses resulting from any untrue statement of material fact contained in the Registration
Statement, Prospectus or preliminary Prospectus or any amendment thereof or supplement thereto or any omission of a material fact required to be stated therein or necessary to make the statements therein not misleading that was contained in any
information or affidavit so furnished by such Holder for use therein; provided, however, that the obligation to indemnify shall be several, not joint and several, among the Holders of Registrable Securities, and the liability of each
such Holder of Registrable Securities shall be in proportion to and limited to the net proceeds received by such Holder from the sale of Registrable Securities pursuant to such Registration Statement. 

(c) Any person entitled to indemnification herein shall (i) give prompt written notice to the indemnifying party of any claim with
respect to which it seeks indemnification (provided that the failure to give prompt notice shall not impair any person’s right to indemnification hereunder to the extent such failure has not materially prejudiced the indemnifying party) and
(ii) unless in such indemnified party’s reasonable judgment a conflict of interest between such indemnified and indemnifying parties may exist with respect to such claim, permit such indemnifying party to assume the defense of such claim
with counsel reasonably satisfactory to the indemnified party. If such defense is assumed, the indemnifying party shall not be subject to any liability for any settlement made by the indemnified party without its consent (but such consent shall not
be unreasonably withheld, subject to the last sentence of this Section 4.1(c)). 

  
 10 

 
An indemnifying party who is not entitled to, or elects not to, assume the defense of a claim shall not be obligated to pay the fees and expenses of more than one counsel for all parties
indemnified by such indemnifying party with respect to such claim, unless in the reasonable judgment of any indemnified party a conflict of interest may exist between such indemnified party and any other of such indemnified parties with respect to
such claim. Notwithstanding anything to the contrary contained herein, no indemnifying party shall, without the consent of the indemnified party, consent to the entry of any judgment or enter into any settlement (w) that is not settled in all
respects by the payment of money (and such money is so paid by the indemnifying party pursuant to the terms of such settlement), (x) that does not include as an unconditional term thereof the giving by the claimant or plaintiff to such
indemnified party of a release from all liability in respect to such claim or litigation, (y) imposes an injunction on any indemnified party, or (z) includes the finding of any criminal violation by any indemnified party. 

(d) The indemnification provided for under this Agreement shall remain in full force and effect regardless of any investigation made by
or on behalf of, or knowledge of, the indemnified party or any officer, director or controlling person of such indemnified party and shall survive the transfer of securities and termination of this Agreement. The Company and each Holder of
Registrable Securities participating in an offering also agrees to make such provisions as are reasonably requested by any indemnified party for contribution to such party in the event the Company’s or such Holder’s indemnification is
unavailable for any reason. 
 ARTICLE V 
 MISCELLANEOUS 
 5.1 Notices. Any notice or communication under this
Agreement must be in writing and given by (a) deposit in the United States mail, addressed to the party to be notified, postage prepaid and registered or certified with return receipt requested, (b) delivery in person or by courier service
providing evidence of delivery, or (c) transmission by hand delivery, electronic mail or facsimile. Each notice or communication that is mailed, delivered, or transmitted in the manner described above shall be deemed sufficiently given, served,
sent, and received, in the case of mailed notices, on the third business day following the date on which it is mailed and, in the case of notices delivered by courier service, hand delivery, electronic mail or facsimile, at such time as it is
delivered to the addressee (with the delivery receipt of the intended recipient or the affidavit of messenger) or at such time as delivery is refused by the addressee upon presentation. Any notice or communication under this Agreement addressed to
the Company should be sent to 142 W 57th St., 12th Fl., New York, NY 10019, or by facsimile at: (646) 390-1004, and any notice or communication addressed to a Holder should be sent to the address or facsimile number listed below the
Holder’s signature on the signature page. Any party may change its address for notice at any time and from time to time by written notice to the other parties hereto, and such change of address shall become effective 30 days after delivery of
such notice as provided in this Section 5.1. 
 5.2 Assignment; No Third Party Beneficiaries. This Agreement
and the rights, duties and obligations of the Company hereunder may not be assigned or delegated by the Company in whole or in part. This Agreement, and any and all rights, duties and obligations hereunder, shall not be assigned, transferred,
delegated or sublicensed by any Holder without the prior written consent of the Company and any attempt by any Holder without such permission to assign, transfer, delegate or sublicense any rights, duties or obligations that arise under this
Agreement shall be void. This Agreement shall not confer any rights or benefits on any persons that are not parties hereto. 

5.3 Counterparts. This Agreement may be executed in multiple counterparts (including facsimile or PDF counterparts), each of which
shall be deemed an original, and all of which together shall constitute the same instrument, but only one of which need be produced. 

  
 11 

 5.4 Governing Law. NOTWITHSTANDING THE PLACE WHERE THIS AGREEMENT MAY BE EXECUTED BY
ANY OF THE PARTIES HERETO, THE PARTIES EXPRESSLY AGREE THAT THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED UNDER THE LAWS OF THE STATE OF DELAWARE, WITHOUT REGARD TO THE CONFLICT OF LAW PROVISIONS OF SUCH JURISDICTION. 

5.5 Amendments and Modifications. Upon the written consent of the Company and the Holders of a majority of the Registrable
Securities at the time in question, compliance with any of the provisions, covenants and conditions set forth in this Agreement may be waived, or any of such provisions, covenants or conditions may be amended or modified; provided,
however, that notwithstanding the foregoing, any amendment hereto or waiver hereof that adversely affects one Holder, solely in its capacity as a holder of the shares of capital stock of the Company, in a manner that is materially different
from the other Holders (in such capacity) shall require the consent of the Holder so affected. No course of dealing between any Holder or the Company and any other party hereto or any failure or delay on the part of a Holder or the Company in
exercising any rights or remedies under this Agreement shall operate as a waiver of any rights or remedies of any Holder or the Company. No single or partial exercise of any rights or remedies under this Agreement by a party shall operate as a
waiver or preclude the exercise of any other rights or remedies hereunder or thereunder by such party. 
 5.6
Termination. This Agreement shall terminate and the registration rights granted hereunder shall expire on the date that is the earlier of five years after the date hereof and the first date upon which no Registrable Securities exist;
provided, that such termination and expiration shall not affect registration rights exercised prior to such date. 

[SIGNATURE PAGES FOLLOW] 

  
 12 

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

			
	 COMPANY:

EMPEIRIA ACQUISITION CORP.

		
	By:	 	/s/ Alan B. Menkes
		 	Alan B. Menkes, Chief Executive Officer

  

			
	HOLDERS:
		
	By:	 	/s/ Stephen D. Cope
		 	Name: Stephen D. Cope
		 	Address:

  

			
		 	Facsimile:
		
	By:	 	/s/ Ronald Moreau
		 	Name: Ronald Moreau
		 	Address: 

  

			
		 	Facsimile:
		
	By:	 	/s/ Eric Storm
		 	Name: Eric Storm
		 	Address: 

  

			
		 	Facsimile:
		
	By:	 	/s/ Richard Dodson
		 	Name: Richard Dodson
		 	Address:

  

			
		 	Facsimile:
		
	By:	 	/s/ Jeff Sweet
		 	Name: Jeff Sweet
		 	Address: 

  

			
		 	Facsimile:
		
	By:	 	/s/ Kelly P. Cope
		 	Name: Kelly P. Cope
		 	Address:
		
		 	Facsimile:

 
			
		
	By:	 	/s/ Stephen K. Cope
		 	Name: Stephen K. Cope
		 	Address:

  

			
		 	Facsimile:
		
	By:	 	/s/ Vicky L. Cope
		 	Name: Vicki L. Cope
		 	Address:

  

			
		 	Facsimile:
		
	By:	 	/s/ Lauren A. Little
		 	Name: Lauren A. Little
		 	Address:

  

			
		 	Facsimile:
		
	By:	 	/s/ Bruce Burnham
		 	Name: Bruce Burnham
		 	Address: 

  

			
		 	Facsimile:
		
	By:	 	/s/ Greg Kimbrough
		 	Name: Greg Kimbrough
		 	Address:

  

			
		 	Facsimile: 
	
	SDC Management Services, LLC
		
	By:	 	/s/ Stephen D. Cope
		 	Name: Stephen D. Cope
		 	Title: Authorized Officer
		 	Address:
		
		 	Facsimile:

  
 14Voting Agreement

 Exhibit 10.17 
 VOTING AGREEMENT 
 THIS VOTING AGREEMENT (this
“Agreement”) is entered into on December 14, 2012, by and among Empeiria Acquisition Corporation, a Delaware corporation (the “Company”), Empeiria Investors LLC, a Delaware limited liability company (the
“Sponsor”), Stephen D. Cope (“Cope”), the undersigned parties listed under Holder on the signature page hereto (the “IDE Holders”) and the other parties that execute this Agreement or joinders
hereto from time to time. 
 RECITALS 
 WHEREAS, the Sponsor holds shares of common stock, par value $0.0001 per share, of the Company (the “Common Stock”); 

WHEREAS, the IDE Holders held shares of common stock of Integrated Drilling Equipment Holdings Company, Inc., a Delaware corporation
(“IDE”); 
 WHEREAS, the Company, IDE Acquisition Co., LLC, a Delaware limited liability company and
wholly-owned subsidiary of the Company (“Merger Sub”), IDE and Cope are parties to that certain Agreement and Plan of Merger dated October 19, 2012 (the “Merger Agreement”), pursuant to which IDE was merged
with and into Merger Sub (the “Merger”), with Merger Sub surviving the Merger; 
 WHEREAS, in connection with
the Merger, Cope and the IDE Holders acquired the Common Stock set forth on Schedule 1; 
 WHEREAS, the parties hereto desire to
enter into this Agreement for the purpose, among others, of (a) assuring continuity in the management of the Company and (b) protecting the Company’s business interests; 

WHEREAS, each IDE Holder acknowledges that it has agreed to enter into this Agreement in order to induce the Company to enter into, and
as a condition to the consummation of the transactions contemplated by, the Merger Agreement; and 
 WHEREAS, the Company
acknowledges that it is relying on each IDE Holder’s entry into this Agreement in agreeing to enter into the Merger Agreement and to consummate the transactions contemplated thereby. 

NOW, THEREFORE, in consideration of the representations, covenants and agreements contained herein, and certain 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 

 ARTICLE 1 
 DEFINITIONS 
 As used in this Agreement, the following additional terms,
not defined elsewhere, have the meanings herein specified: 
 “Agreement” has the meaning set forth in the
preamble hereto. 
 “Board of Directors” means the Board of Directors of the Company. 

“Common Stock” has the meaning set forth in the recitals hereto. 

“Company” has the meaning set forth in the preamble hereto. 

“Cope” has the meaning set forth in the preamble hereto. 

“Electronic Delivery” has the meaning set forth in Section 5.16. 

“IDE Holders” has the meaning set forth in the preamble hereto. 

“IDE Individuals” means Cope, Richard Dodson and Eric Storm. 

“IDE Parties’ Nominees” has the meaning set forth in Section 2.1. 

“IDE Party” means (a) each IDE Holder and (b) each direct or indirect transferee of the Common Stock held by
any IDE Individual as of the date hereof, other than any such transferee receiving such Common Stock following a transfer of such Common Stock in a Public Sale. 
 “Merger” has the meaning set forth in the Recitals. 

“Merger Agreement” has the meaning set forth in the Recitals. 

“Merger Sub” has the meaning set forth in the Recitals. 

“Person” means an individual, a partnership, a corporation, a limited liability company, an unlimited liability company,
an association, a joint stock company, a trust, a joint venture, an unincorporated organization, any other entity, a governmental entity or any department, agency or political subdivision thereof. 

“Public Sale” means any sale of Common Stock pursuant to an underwritten registered public offering under the Securities
Act or any sale pursuant to Rule 144 promulgated under the Securities Act. 
 “Rig Parts” means oil and gas rig
parts, components or systems including, without limitation, (a) complete drilling rig packages and (b) any other component parts designed, engineered, manufactured, produced or fabricated by IDE or any of its subsidiaries prior to the date
hereof. 

  
 2 

 “Restricted Period” means the period beginning on the date hereof and
ending on the fifth anniversary hereof. 
 “Securities Act” means the Securities Act of 1933, as amended.

 “Sponsor” has the meaning set forth in the preamble hereto. 

“Sponsor Individuals” means each of Barry Brigman, Michael Dion, Joseph Fong, Alan Menkes, James Mills and Keith Oster.

 “Sponsor Parties’ Nominees” has the meaning set forth in Section 2.1. 

“Sponsor Party” means (a) the Sponsor, (b) each Sponsor Individual that is a transferee of the Common Stock
held by Sponsor as of the date and (c) each direct and indirect transferee of a Sponsor Individual with respect to Common Stock held by the Sponsor as of the date hereof, other than, with respect to clauses (b) and (c), any such transferee
receiving such Common Stock following a transfer of such Common Stock in a Public Sale. 
 ARTICLE 2 

VOTING MATTERS 

2.01 Board Composition. The IDE Parties shall have the right to nominate a total of two directors for election to the Board of
Directors, one in each of Class I and Class II (the “IDE Holders’ Nominees”). The Sponsor Parties shall have the right to nominate a total of two directors for election to the Board of Directors, each of which shall be in Class
I (the “Sponsor’s Nominees”). The IDE Holders’ Nominees and the Sponsor’s Nominees shall each nominate an independent director to serve on the Board of Directors in Class II (each, an “Independent
Nominee”). Each Independent Nominee shall satisfy the independence tests set forth in Rule 303A of the NYSE Listed Company Manual. The IDE Parties’ initial Class I nominee shall be Stephen Cope and the IDE Parties’ initial Class
II nominee shall be Richard Dodson. The Sponsor Parties’ initial nominees shall be Alan Menkes and James Mills. The IDE Parties, on the one hand, and the Sponsor Parties, on the other hand, shall provide notice of their respective nominees at
least 10 business days prior to any meeting of the Company’s stockholders at which the Board of Directors (or any portion thereof) is to be elected. 
 2.02 Agreement to Vote. The IDE Parties and the Sponsor Parties agree to vote all of their respective Common Shares in any election of directors for such nominees designated pursuant to this
Article 2 or for removal of any director designated to be replaced by a party nominating a director hereunder. Neither any IDE Party nor any Sponsor Party shall vote or consent to remove any director nominated and elected pursuant to this
Article 2 unless the party or parties entitled from time to time to nominate such director shall consent to, approve and recommend such removal. 

  
 3 

 ARTICLE 3 
 NONCOMPETITION 
 3.01 Noncompetition. Cope agrees that, during the
Restricted Period, he will not conduct, engage or participate in any manner in (i) the sale, manufacture, assembly, production, design, repair or refurbishment of oil and gas rig parts or (ii) any other business conducted or carried on by
the Company during the twelve month period prior to the date hereof in any capacity. For purposes of this paragraph, oil and gas rig parts shall include, but not be limited to: complete drilling rig packages and any other component part designed,
engineered, manufactured, produced or fabricated by the Company prior to the termination date and will include, but not be limited to, mast, substructures, drawworks, SCR drive systems, VFD drive systems, mud tanks, fuel/water tanks,
walking/skidding systems, drilling controls and software and hydraulic power packs and systems. Standalone, third party manufactured products that are purchased as buy-out items by the Company, such as top drive drilling systems, engine/ generator
package systems, automated cat walks, mud conditioning equipment, solids control and similar type equipment shall not be included as oil and gas rig parts for purposes of this paragraph unless they compete with similar products and services offered
by the Company during the 12 month period prior to the date hereof. 
 3.02 Nonsolicitation. During the Restricted
Period, Cope shall not, directly or indirectly, (a) cause, induce or encourage any customer of the Company or any Company Subsidiary or any other Person who has a material business relationship with the Company or any Company Subsidiary to
terminate or modify any such relationship or (b) solicit any customer of the Company or any Company Subsidiary for sales of products or services within the Restricted Territory that compete with the Restricted Business. 

3.03 Acknowledgement. Cope acknowledges that a violation of the foregoing provisions of this Article 3 would cause
irreparable harm to the Company and its subsidiaries, and that the Company’s remedy at law for any such violation would be inadequate. In recognition of the foregoing, in addition to any other relief afforded by law or this Agreement, including
damages sustained by a breach of this Agreement, and without the necessity or proof of actual damages or the posting of a bond, the Company will have the right to enforce this Article 3 by specific equitable remedies, which will include
temporary and permanent injunctions, it being the understanding of the parties hereto that damages, the forfeitures described above and injunctions will all be proper modes of relief and are not to be considered as alternative remedies. 

3.04 Reformation. If a court at any time determines that any restriction or limitation in this Article 3 is unreasonable or
unenforceable, it will be deemed amended so as to provide the maximum protection to the Company and be deemed reasonable and enforceable by the court. 
 ARTICLE 4 
 TERMINATION OF AGREEMENT 

4.01 Termination. This Agreement shall automatically terminate upon the earlier of (a) the affirmative vote of (i) the
Sponsor Parties holding at least fifty-one percent (51%) of the shares of Common Stock subject to this Agreement plus (ii) the affirmative vote of IDE Parties holding at least fifty-one percent (51%) of the shares of Common Stock
subject to this Agreement and (b) the date upon which the Sponsor, the Sponsor Individuals and the IDE Individuals, taken together, hold less than 25% of the Common Stock. 

  
 4 

 ARTICLE 5 
 MISCELLANEOUS PROVISIONS 
 5.01 Amendments. Other than as provided in
Section 4.1, this Agreement may be amended, modified or revoked in whole or in part only by a writing signed by (a) the Sponsor Parties holding at least fifty-one percent (51%) of the shares of Common Stock subject to this
Agreement, (b) the affirmative vote of IDE Parties holding at least fifty-one percent (51%) of the shares of Common Stock subject to this Agreement and (c) the Company. 

5.02 Spousal Consent. If a particular IDE Holder or Sponsor Holder is an individual, such Person’s spouse as of the date of
entry into this Agreement or joinder hereof, if any, has executed a Spousal Consent and Proxy in the form attached hereto as Exhibit A. 
 5.03 Prevailing Party. In the event of a dispute between any of the parties with respect to obligations under this Agreement, the prevailing party in any action or proceeding in any court or
arbitration in connection therewith will be entitled to recover from such other party its costs and expenses, including, without limitation, reasonable legal fees and associated court costs. 

5.04 Notices. All notices, demands and other communications to be given or delivered under or by reason of the provisions of this
Agreement will be in writing and will be deemed to have been given (a) when personally delivered, (b) when transmitted via telecopy (or other facsimile device) to the number set forth under the recipient’s name on the signature pages
hereto (with written confirmation of receipt), (c) the day following the day (except if not a business day then the next business day) on which the same has been delivered prepaid to a reputable national overnight air courier service or
(d) the third business day following the day on which the same is sent by certified or registered mail, postage prepaid. Notices, demands and communications, in each case to the respective parties, will be sent to the applicable address set
forth under the recipient’s name on the signature pages hereto, unless another address has been previously specified in writing. 
 5.05 Assignment. This Agreement and all of the provisions hereof will be binding upon and inure to the benefit of the parties and their respective successors and permitted assigns, except that
neither this Agreement nor any of the rights, interests or obligations hereunder may be assigned or delegated by any party without the prior written consent of the other parties. Each Sponsor Party and each IDE Holder Party will cause their
respective transferees of Common Stock held as of the date hereof (other than transferees pursuant to a Public Sale) to, prior to consummating any such transfer, execute a written joinder hereto, including an agreement to be bound by Article
2 and this Section 5.05. 
 5.06 Severability. Whenever possible, each provision of this Agreement will
be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement is held to be prohibited by or invalid under applicable law, such provision will be ineffective only to the extent of such
prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement, and the parties will amend or otherwise modify this Agreement to replace any prohibited or invalid provision with an
effective and valid provision that gives effect to the intent of the parties to the maximum extent permitted by applicable law. 

  
 5 

 5.07 No Strict Construction. The language used in this Agreement will be deemed to be
the language chosen by the parties to express their mutual intent, and no rule of strict construction will be applied against any Person. 
 5.08 Waiver. No waiver of any provision hereunder or any breach or default thereof will extend to or affect in any way any other provision or prior or subsequent breach or default. 

5.09 Inducement; Reliance. Each party hereto acknowledges that (a) it has agreed to enter into this Agreement, the other
agreements contemplated to the Merger Agreement and, with respect to the Company and Cope, the Merger Agreement in order to induce each other party to enter into, and as a condition to, the Merger Agreement and the other agreements contemplated
thereby, and the transactions contemplated thereby, and (b) it is relying on the other parties’ entries into this Agreement, the other agreements contemplated by the Merger Agreement, and, where applicable the Merger Agreement, in agreeing
to enter into this Agreement and such other agreements 
 5.10 Counterparts. This Agreement may be executed in multiple
counterparts (including by means of telecopied signature pages or electronic transmission in portable document format (pdf)), any one of which need not contain the signatures of more than one party, but all such counterparts taken together will
constitute one and the same instrument. 
 5.11 Unified Position. The IDE Parties, on the one hand, and the Sponsor
Parties, on the other hand, must adopt a single, unified position between themselves in taking any action under this Agreement or otherwise with respect to any matter arising under this Agreement. 

5.12 Governing Law. All matters (including any and all claims) arising out of or relating to the interpretation, construction,
validity or enforcement of this Agreement and the transactions contemplated hereby will be governed by and construed in accordance with the domestic laws of the State of New York without giving effect to any choice or conflict of law provision or
rule (whether of the State of New York or any other jurisdiction) that would cause the application of laws of any jurisdiction other than the State of New York. 
 5.13 Consent to Jurisdiction and Service of Process. The parties to this Agreement submit to the exclusive jurisdiction of the state courts located in the Borough of Manhattan, New York, New York
or the courts of the United States located in the Borough of Manhattan, New York, New York in respect of the interpretation and enforcement of the provisions of this Agreement and any related agreement, certificate or other document delivered in
connection herewith and by this Agreement waive, and agree not to assert, any defense in any action for the interpretation or enforcement of this Agreement and any related agreement, certificate or other document delivered in connection herewith,
that they are not subject thereto or that such action may not be brought or is not maintainable in such courts or that this Agreement may not be enforced in or by such courts or that their property is exempt or immune from execution, that the action
is brought in an inconvenient forum, or that the venue of the action is improper. Service of process with respect thereto may be made upon any party by mailing a copy thereof by registered or certified mail, postage prepaid, to such party at its
address as described in Section 5.04. Each of the parties hereto agrees that a judgment in any dispute may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. 

  
 6 

 5.14 Waiver of Jury Trial. Each party hereby acknowledges and agrees that any
controversy which may arise under this Agreement is likely to involve complicated and difficult issues, and therefore each such party hereby irrevocably and unconditionally waives any right such party may have to a trial by jury in respect of any
litigation directly or indirectly arising out of or relating to this Agreement or the transactions contemplated by this Agreement. Each party certifies and acknowledges that (a) no representative, agent or attorney of any other party has
represented, expressly or otherwise, that such other party would not, in the event of litigation, seek to enforce the foregoing waiver, (b) each such party understands and has considered the implications of this waiver, (c) each such party
makes this waiver voluntarily, and (d) each such party has been induced to enter into this agreement by, among other things, the mutual waivers and certifications in this Section 5.14. 

5.15 No Third Party Beneficiaries. No Person other than the parties hereto will have any rights, remedies, obligations or benefits
under any provision of this Agreement. 
 5.16 Electronic Delivery. This Agreement and any signed agreement or instrument
entered into in connection with this Agreement, and any amendments hereto or thereto, to the extent delivered by means of a facsimile machine or electronic mail (any such delivery, an “Electronic Delivery”), will be treated in all
manner and respects as an original agreement or instrument and will be considered to have the same binding legal effect as if it were the original signed version thereof delivered in person. At the request of any party hereto or to any such
agreement or instrument, each other party hereto or thereto will re execute original forms thereof and deliver them to all other parties. No party hereto or to any such agreement or instrument will raise the use of Electronic Delivery to deliver a
signature or the fact that any signature or agreement or instrument was transmitted or communicated through the use of Electronic Delivery as a defense to the formation of a contract, and each such party forever waives any such defense, except to
the extent such defense related to lack of authenticity. 
 *        
*         * 

  
 7 

 IN WITNESS WHEREOF, the parties have caused this Voting Agreement to be executed, by
their duly authorized officers or agents where applicable, as of the same day and year first above written. 
  

			
	EMPEIRIA ACQUISITION CORP.
		
	By:	 	/s/ Alan B. Menkes
		 	Name: Alan B. Menkes
		 	Title: Authorized Officer
	
	EMPEIRIA INVESTORS LLC
		
	By:	 	/s/ Alan B. Menkes
		 	Name: Alan B. Menkes
		 	Title: Authorized Agent
	
	    /s/ Stephen D. Cope
		 	Stephen D. Cope
	
	IDE HOLDERS:
	
	    /s/ Stephen D. Cope
	Name: Stephen D. Cope
	
	    /s/ Ronald Moreau
	Name: Ronald Moreau
	
	    /s/ Eric Storm
	Name: Eric Storm
	
	    /s/ Richard Dodson
	Name: Richard Dodson
	
	    /s/ Jeff Sweet
	Name: Jeff Sweet

 
	
	
	    /s/ Stephen K. Cope
	Name: Stephen K. Cope
	
	    /s/ Vicki L. Cope
	Name: Vicki L. Cope
	
	    /s/ Lauren A. Little
	Name: Lauren A. Little
	
	     /s/ Kelly Cope

	Kelly Cope
	
	    /s/ Bruce Burnham
	Name: Bruce Burnham
	
	    /s/ Greg Kimbrough
	Name: Greg Kimbrough

 
			
	
	SDC Management Services, LLC
		
	By:	 	/s/ Stephen D. Cope
	Name: Stephen D. Cope
	Title: Authorized Officer

 EXHIBIT A 
 FORM OF SPOUSAL CONSENT AND PROXY 
 The undersigned, being the
spouse of                     , party as a Holder to that certain Voting Agreement (the “Agreement”), dated December 14,
2012, by and among Empeiria Acquisition Corporation, Empeiria Investors LLC, Stephen Cope and the Holders (as defined therein), hereby executes this Spousal Consent and Proxy for the purpose of consenting to the foregoing Agreement and binding any
community property interest or marital property interest that he or she may have in any of the Common Stock. By execution hereof, the undersigned represents and warrants that he or she has read the foregoing Agreement and consents to its terms.

 Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Agreement.

 Date: December 14, 2012 

 

			
	 	 
	Name:	 	 

 Schedule 1 

IDE Holders’ Common Stock 
  

			
	 Name
	  	
Number of Shares Held

	 Stephen D. Cope
	  	5,065
	 Ronald Moreau
	  	1,375
	 Eric Storm
	  	863
	 Richard Dodson
	  	500
	 Jeff Sweet
	  	412
	 Kelly P. Cope
	  	155
	 Stephen K. Cope
	  	155
	 Vicki L. Cope
	  	155
	 Lauren A. Little
	  	155
	 SDC Management Services, LLC
	  	65
	 Bruce Burnham
	  	50
	 Greg Kimbrough
	  	50

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