Document:

Service Agreement

 Exhibit 10.5 
 SERVICE AGREEMENT 
 This Service Agreement (the “Agreement”) is on the 11th day of
August, 2009 (the “Effective Date”), by and between Chisholm Management, Inc. and Protechnics II, Inc., jointly and severally (the “Chisholm Companies”), and Flotek Industries, Inc., a Delaware corporation (the
“Company”). 
 WHEREAS, it has been proposed that the Chisholm Companies provide services to the Company; 
 NOW, THEREFORE, in consideration of the foregoing and the covenants, representations and agreements set forth below, the Company and the Chisholm
Companies hereby agree as follows: 
 1. Retention. The Company hereby retains the Chisholm Companies, and the Chisholm Companies
hereby agree to render services to the Company, upon the terms and conditions contained in this Agreement. 
 2. Term of the
Agreement. The term of this Agreement (the “Term”) shall commence on the Effective Date and shall continue until terminated in accordance with Section 6. 
 3. Services to be Provided by the Chisholm Companies. 
 3.1. Scope, Responsibilities and Duties. 
 (a) The Chisholm Companies agree that they will each employ John Chisholm throughout the term of this Agreement, and that they will each
make John Chisholm available to the Company to provide services (the “Services”) to the Company so that the Company may have the benefit of the experience and knowledge possessed by John Chisholm in assisting the Company with respect to
its business and operations as reasonably requested by the Board of Directors of the Company. 
 (b) The Services shall be
performed at times and places selected by mutual agreement of the Company and the Chisholm Companies within normal business hours. The Chisholm Companies shall comply with all applicable laws and regulations in the performance of the Services,
including but not limited to applicable securities laws. 
 (c) The Chisholm Companies shall make such periodic reports to the
Company relating to the Services as the Board of Directors of the Company may, from time to time, reasonably request. 
 3.2.
Non-exclusivity. Subject to the provisions of Sections 7 and 8 below, the Chisholm Companies by reason of the obligations ascribed to it hereunder shall not be limited in any manner in accepting other employment and performing services for
others, provided he fully performs his obligations hereunder. 

 4. Compensation. As compensation for the Services to be provided by the Chisholm Companies to the
Company, the Company shall pay to the Chisholm Companies, and the Chisholm Companies agrees to accept, a monthly fee of $24,000 payable to Protechnics II, Inc., and a monthly fee of $8,000 payable to Chisholm Management, Inc., payable on a weekly
basis. In consideration for the services rendered by the Chisholm Companies prior to the date of this Agreement, such compensation shall be payable beginning on August 1, 2009. The Chisholm Companies shall not be entitled to any other
compensation for the Services to be provided hereunder, except as provided herein. The Company shall not be responsible for withholding from the compensation payable to the Chisholm Companies any amounts for federal, state or local income taxes,
social security or state disability or unemployment insurance. 
 5. Expenses. Upon receipt of itemized vouchers, expense account
reports and supporting documents submitted to the Company in accordance with the Company’s procedures then in effect and as approved by the Board of Directors of the Company, the Company shall reimburse the Chisholm Companies for all reasonable
and necessary business expenses (including travel and entertainment expenses) incurred ordinarily and necessarily by the Chisholm Companies in connection with the performance of the Chisholm Companies’ duties hereunder. Notwithstanding the
foregoing, however, the Chisholm Companies shall not receive any reimbursement for automobile or cellular telephone expenses. 
 6.
Termination. The Company or the Chisholm Companies may terminate this Agreement for reason at any time upon thirty days advance notice. This agreement shall terminate immediately upon the election by the Company of a new Chief Executive
Officer. It is understood that termination of this Agreement shall not relieve a party hereto from any liability which, at the time of such termination, has already accrued to the other party. The following provisions and all subsections therein
shall survive any expiration or termination of this Agreement: Sections 5, 6, 7, 8, 9.2, 10, 11, 12, 13, 14, 15, and 16. Except as otherwise expressly provided in this Section 6, all other rights and obligations of the parties shall terminate
upon termination of this Agreement. 
 7. Confidential Information. 
 7.1. Acknowledgment of Proprietary Interest. As between the parties, the Chisholm Companies agrees that all Confidential
Information is a valuable, special and unique asset of the Company’s business (and may constitute “trade secrets” under the Uniform Trade Secrets Act and Texas state law), access to and knowledge of which are essential to the
performance of the Chisholm Companies’ duties hereunder. The Chisholm Companies acknowledges the proprietary interest of the Company in all Confidential Information. The Chisholm Companies agree that all Confidential Information learned by The
Chisholm Companies in connection with the provision of Services or otherwise, whether developed by the Chisholm Companies alone or in conjunction with others or otherwise, is and shall remain the exclusive property of the Company. The Chisholm
Companies acknowledge and agree that his disclosure or use of any Confidential Information in violation of this Section 7 will result in irreparable injury and damage to the Company. 

  

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 7.2. Confidential Information Defined. “Confidential Information” means
all confidential and proprietary information of the Company, written, oral or computerized, as it may exist from time to time, including without limitation (i) information derived from reports, investigations, experiments, research and work in
progress, (ii) methods of operation, (iii) market data, (iv) technology, proprietary computer programs and code (in object code and source code format), (v) drawings, designs, plans and proposals, (vi) marketing and sales
programs, (vii) client and supplier lists and any other information about the Company’s relationships with others, (viii) historical financial information and financial projections, (ix) network and system architecture,
(x) all other formulae, patterns, devices or compilations, concepts, ideas, materials and information prepared or performed for or by the Company, and (xi) all information related to the business plan, business, products, purchases or
sales of the Company or any of its suppliers and customers, other than information that is publicly available. 
 7.3.
Covenant Not To Divulge Confidential Information. The Company is entitled to prevent the disclosure of Confidential Information. As a portion of the consideration for the hiring of the Chisholm Companies and for the compensation being paid to
the Chisholm Companies by the Company, the Chisholm Companies shall, at all times during the Term and thereafter, hold in strict confidence and shall not disclose or allow to be disclosed to any person, firm or corporation, other than to persons
engaged by the Company to further the business of the Company, and not to use except in the pursuit of the business of the Company, the Confidential Information, without the prior written consent of the Company. This Section 7 shall survive and
continue in full force and effect in accordance with its terms after, and will not be deemed to be terminated by, any termination of this Agreement. 
 7.4. Return of Materials at Termination. In the event of any termination of this Agreement for any reason, the Chisholm Companies shall promptly deliver to the Company all property of the Company, including
without limitation all documents, data and other information containing, derived from or otherwise pertaining to Confidential Information, or, with the permission of the Company, destroy such materials. The Chisholm Companies shall not take or
retain any property of the Company, including without limitation any documents, data or other information, or any reproduction or excerpt thereof, containing, derived from or pertaining to any Confidential Information. The obligation of
confidentiality set forth in this Section 7 shall continue notwithstanding the Chisholm Companies’ delivery of such documents, data and information to the Company. 
  

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 8. Relationship of the Parties. 
 8.1. The Chisholm Companies enter into this Agreement as, and shall continue to be, an independent contractor. The parties agree that no
employment relationship, partnership, joint venture or other association shall be deemed created by this Agreement. Under no circumstances shall either the Chisholm Companies or john Chisholm look to the Company as the employer of any of them, or as
a partner, agent, or principal. The Chisholm Companies shall not be entitled to any benefits accorded to the Company’s employees including, without limitation, workers’ compensation, disability insurance, vacation or sick pay. 

8.2. The Chisholm Companies shall have the entire responsibility to discharge any and all of his obligations under federal, state or
local laws, regulations or orders now or hereafter in effect, relating to taxes, unemployment compensation or insurance, social security, workers’ compensation, disability pensions and tax withholdings (the “Tax Obligations”). The
Chisholm Companies hereby agree to indemnify and hold the Company harmless for any and all claims, losses, costs, fees, liabilities, damages or injuries suffered by the Company arising out of the Chisholm Companies’ or John Chisholm’s
failure to properly discharge the Tax Obligations. 
 9. Arbitration. 
 9.1. Any dispute regarding any aspect of this Agreement or any act which would violate any provision in this Agreement (hereafter referred
to as “arbitrable dispute”) shall be resolved by an experienced arbitrator licensed to practice law in the State of Texas and selected in accordance with the rules of the American Arbitration Association, as the exclusive remedy for such
dispute. Judgment on any award rendered by such arbitrator may be entered in any court having proper jurisdiction. 
 9.2.
Should The Chisholm Companies or the Company institute any legal action or administrative proceeding regarding any dispute or matter covered by this Section by any method other than said arbitration, the responding party shall be entitled to recover
from the other party all damages, costs, expenses and attorneys’ fees incurred as a result of such action. 
 10. Severability and
Governing Law. 
 10.1. Should any of the provisions in this Agreement be declared or be determined to be illegal or
invalid, all remaining parts, terms or provisions shall be valid, and the illegal or invalid part, term or provision shall be deemed not to be a part of this Agreement. 
  

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 10.2. This Agreement is made and entered into in the State of Texas and shall in all
respects be interpreted, enforced and governed under the laws of Texas without regard to the principles of conflicts of law. 
 11. Proper
Construction. 
 11.1. The language of all parts of this Agreement shall in all cases be construed as a whole according to its
fair meaning, and not strictly for or against any of the parties. 
 11.2. As used in this Agreement, the term “or”
shall be deemed to include the term “and/or” and the singular or plural number shall be deemed to include the other whenever the context so indicates or requires. 
 11.3. The paragraph headings used in this Agreement are intended solely for convenience of reference and shall not in any manner amplify,
limit, modify or otherwise be used in the interpretation of any of the provisions hereof. 
 12. Entire Agreement. This Agreement is
the entire agreement between the Chisholm Companies and the Company and fully supersedes any and all prior agreements or understandings between the parties pertaining to its subject matter, including without limitation the Employment Agreement.

 13. Notices. All notices, requests, demands and other communications called for or contemplated under this Agreement shall be in
writing and shall be deemed to have been duly given when personally delivered, on the date of transmission if sent by facsimile, on the third day after mailing if mailed to the party to whom notice is to be given, by first class mail, postage
prepaid, and properly addressed as follows: 
  

			
	 If to the Company:
	 	2930 West Sam Houston North
		 	Houston, Texas 77043
		 	
	 If to The Chisholm Companies:
	 	440 Louisiana
		 	Suite 1818
		 	Houston, Texas 77002

 14. Amendments. This Agreement may not be amended, supplemented, canceled, or discharged
except by written instrument executed by the parties hereto. 
 15. Waivers. All waivers hereunder shall be in writing. No waiver by any party hereto
of any breach or anticipated breach of any provision of this Agreement by any other party shall be deemed a waiver of any other contemporaneous, preceding, or succeeding breach or anticipated breach, whether or not similar, on the part of the same
or any other party. 
 [Remainder of Page Intentionally Left Blank] 
  

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

			
	FLOTEK INDUSTRIES, INC.
		
	By:	 	/s/ Jesse E. Neyman
	Name:	 	Jesse E. Neyman
	Title:	 	 Chief Financial Officer

  

			
	 CHISHOLM MANAGEMENT, INC.

		
	By:	 	/s/ John W. Chisholm
	Name:	 	John W. Chisholm
	Title:	 	 Managing Director

  

			
	 PROTECHNICS II, INC.

		
	By:	 	/s/ John W. Chisholm
	Name:	 	John W. Chisholm
	Title:	 	 President

  

 6Letter Agreement

 Exhibit 10.6 
 News America Incorporated 
 1211 Avenue of the Americas 
 New York, NY 10036 
 June 26, 2009

 Peter Chernin 
 2327 La Mesa Drive 
 Santa Monica, CA 90402 
 Dear Peter: 
 As you know, the term of your employment under your Amended and Restated Employment Agreement with News America Incorporated (the
“Company”), dated as of August 1, 2004, as amended (the “Employment Agreement”), will expire on June 30, 2009 (the “Separation Date”), and you will terminate employment with the Company,
News Corporation (“News Corp.”) and their respective affiliates on the Separation Date. This letter agreement (the “Letter Agreement”) is intended to clarify and memorialize the timing and amounts of certain
pension, deferred compensation and other benefit payments to be provided to you pursuant to the Employment Agreement in connection with your termination of employment and the commencement of the Production Arrangements (as defined below).
Capitalized terms used herein without definition have the meanings assigned to such terms under the Employment Agreement. 
 1. Production
Arrangements. You and the Company hereby agree to certain production arrangements with respect to film and television production as set forth in Section 19 of the Employment Agreement. The specific terms and conditions of the film and
television production arrangements are in the process of and will continue to be negotiated and agreed between you and the Company (or one or more of your and the Company’s affiliates) from time to time and will be set forth as separate
schedules to this Letter Agreement. The term of the production arrangements described in this Paragraph 1 (the “Production Arrangements”) shall terminate at the earlier of (i) July 1, 2015 or (ii) the date you become
a full-time employee of another company (other than a company controlled by you which provides the services contemplated under the Production Arrangements) that is engaged in, and derives more than 10% of its revenue from film or television
production. 
 2. Separation from Service; Code Section 409A. You and the Company agree that your termination of employment on
the Separation Date shall constitute and be treated as a “separation from service” within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”). Additionally, based on the
Company’s policies for determining its “specified employees” in accordance with Section 409A of the Code, you will be a “specified employee” as of the Separation Date. Therefore, payments to you of deferred compensation
amounts subject to Section 409A of the Code which are triggered based upon your separation from service with the Company will be delayed until December 31, 2009 (i.e., 6 months following the Separation Date), in accordance with
Section 409A of the Code and pursuant to the 

  

 
applicable terms of the deferred compensation plans and Section 21 of the Employment Agreement, as more fully set forth below. As set forth in
Section 21 of the Employment Agreement, you have agreed to notify the Company if you believe that any provision of the Employment Agreement (or of any award of compensation, including equity compensation, or benefits) would cause you to incur
any additional tax under Code Section 409A and, if the Company concurs with such belief after good faith review or the Company independently makes such determination, then the Company shall, after consulting with you, use reasonable best
efforts to reform such provision to comply with Code Section 409A through good faith modifications to the minimum extent reasonably appropriate to conform with Code Section 409A. 
 3. Accrued Compensation and Vacation. Within 10 days following the Separation Date, the Company shall pay to you in cash all of your accrued
salary and vacation pay earned through the Separation Date. Additionally, the Company shall pay to you your annual Bonus earned with respect to the fiscal year ending June 30, 2009 in a single lump sum cash payment within 90 days following the
Separation Date or, if sooner, within 10 days after News Corp.’s earnings for such fiscal year are announced. 
 4. Tax Qualified
Pension Plan, SERP and ISERA Benefits. Your accrued benefits under the Fox Pension Plan and the News America Incorporated Employees’ Pension and Retirement Plan (collectively, the “Tax Qualified Plans”) shall be paid to you
in accordance with the terms of such Tax Qualified Plans and your distribution elections thereunder. Your accrued benefits under the News America Incorporated Supplemental Executive Retirement Plan (the “SERP”) shall be paid to you
in the form of an annuity, as designated by you pursuant to the terms of the SERP, with the annuity payments commencing 6 months following the Separation Date (i.e., on December 31, 2009), as required pursuant to Section 4.8 of the SERP.
Pursuant to Section 4.8 of the SERP a delayed annuity “catchup” payment with interest thereon accruing from the Separation Date at a rate equal to the 10-year Treasury rate in effect on the Separation Date (the “SERP Interest
Rate”) shall be paid to you on December 31, 2009. Your accrued benefits under your Individual Supplemental Executive Retirement Agreement with News Corp. (the “ISERA”) shall be paid to you in a single lump on
December 31, 2009, together with interest thereon accruing from the Separation Date at the SERP Interest Rate. Current estimates of your accrued benefits under the Tax Qualified Plans, the SERP and the ISERA have been separately provided to
you. 
 5. Special Pension and Savings Account Payouts. Your pension account benefit pursuant to Section 5(b) of the Employment
Agreement (the “Old Deferred Compensation”) was fully earned and vested prior to December 31, 2004 and, as such, is a “grandfathered” benefit not subject to Section 409A of the Code. Therefore, pursuant to
Section 5(b) of the Employment Agreement, your Old Deferred Compensation account balance will be paid to you in a single lump sum cash payment on the Separation Date. Your Savings Account benefit pursuant to Section 5(c) of the Employment
Agreement (the “New Deferred Compensation”) shall continue to accrue investment earnings and losses through December 31, 2009 pursuant to the terms of the Trust and such amounts shall be paid to you in a single lump sum cash
payment on December 31, 2009. Current estimates of your Old Deferred Compensation and New Deferred Compensation account balances have been separately provided to you. Notwithstanding the foregoing, to the extent that your deferred compensation
account balances reflect any illiquid 

  

 
notional investments as of the payment dates set forth above, the Company may either (i) pay that portion of your deferral account balance by
transferring the actual underlying illiquid investment to you on such payment date or (ii) in the case of your notional investment in LibertyView Credit Opportunities II LP (“LibertyView”), if the LibertyView investment is not
transferable to you on such payment date, the Company may pay you $450,000 on such payment date in respect of the LibertyView investment. If the Company pays you $450,000 in respect of the LibertyView investment (as described in clause (ii) of
the preceding sentence), then (x) the Company shall use commercially reasonable efforts to liquidate the LibertyView investment as soon as practicable following such payment date and (y) to the extent that the proceeds received by the
Company upon its liquidation of the LibertyView investment are less than $450,000, you shall be obligated to promptly repay to the Company an amount equal to the excess of $450,000 over the amount received by the Company upon its liquidation of the
LibertyView investment plus accrued interest at the Federal Funds [Effective] Rate, as listed in The Wall Street Journal, from such payment date. From and after the date hereof, you agree that you will not direct any new notional investments
with respect to your Old Deferred Compensation or New Deferred Compensation deferral accounts, except for new notional investments in money-market funds, mutual funds or other publicly-traded securities (including fixed income investments).

 6. Outstanding Equity Awards. All of your outstanding News Corp. stock options and stock appreciation rights
(“SARs”) have fully vested prior to the date hereof. Pursuant to Section 7(a)(i)(F) of the Employment Agreement, your outstanding News Corp. stock options and SARs shall remain exercisable following the Separation Date for the
full term of such awards. Additionally, pursuant to Section 19 of the Employment Agreement, your outstanding News Corp. restricted stock units (“RSUs”) shall continue to vest and the underlying shares of News Corp. common stock
shall be delivered to you on the scheduled share delivery dates as set forth in the corresponding RSU award agreements, in each case, for the duration of the term of the Production Arrangements. A listing of your current outstanding News Corp. stock
options, stock appreciation rights and RSUs has been separately provided to you. 
 7. Payment in Lieu of Continued Pension Benefit
Accruals. The Company has determined that, in light of your termination of employment as of the Separation Date, it is unable to permit you to continue earning future benefit accruals under the terms of the Company’s Tax Qualified Plans,
SERP, ISERA and 401(k) plan following the Separation Date (despite your entitlement to such continued benefits during the term of the Production Arrangements). Accordingly, the Company and you have agreed that on each July 31 that occurs during
the term of the Production Arrangements and on the first July 31 that occurs after the expiration of the term of the Production Arrangements, the Company will pay you (in lieu of your continued accrual of benefits under such plans) a cash
amount, if any, equal to the incremental additional benefit accrual that you would have earned during the preceding calendar year if you had continued to participate in the Company’s Tax Qualified Plans, SERP, ISERA and 401(k) plan during the
portion of such preceding calendar year for which your were providing services under the Production Arrangements calculated by determining the present value of the accrued benefit that you would have earned under the plans (excluding the 401(k)
plan) if you had continued accruing service credit under the plans during the term of the Production Arrangements, offset by the amounts actually paid with respect to such plans increased by the plans’ interest rate factor of 7%. The amounts to
be paid pursuant to the preceding sentence shall be determined using the actuarial assumptions and methodologies separately provided to you, in the case of the benefit accruals under the Tax Qualified Plans, SERP and ISERA, and shall be an annual
payment of $10,000 in the case of the forgone future benefit accruals under the 401(k) plan. 
  

 8. Continued Health and Welfare Benefits. During the term of the Production Arrangements, you will
remain eligible to participate in and receive benefits under all of the Company’s health, welfare, life insurance, disability insurance, fringe benefits, perquisites and other similar arrangements (but not including the pension and retirement
arrangements described in Paragraph 7 above), as described under Section 5(a) of the Employment Agreement. Additionally (but without duplication of benefits), you and your surviving spouse will remain eligible to receive the lifetime retiree
health, welfare and life insurance benefits described under Sections 7(a)(F) and 7(a)(H) of the Employment Agreement and the SERP and Welfare Benefit Letter referenced in Section 13 of the Employment Agreement. A listing of your current life
insurance benefits has been separately provided to you. 
 9. Continued Other Benefits. During the term of the Production
Arrangements, you will remain eligible to receive the travel, use of corporate jet and automobile, use of screening room and other business expense reimbursements, in each case, as described under Sections 6(a)-(d) of the Employment Agreement.
The benefits described in the preceding sentence shall be in addition to (and shall not be covered by) the overhead costs to be incurred by the Company and its affiliates pursuant to the Production Arrangements. 
 10. Code Section 409A Six Month Delay on Certain Benefits. To avoid potential uncertainty regarding the extent to which the benefits
described under Paragraphs 8 and 9 hereof could be deemed to constitute deferred compensation subject to Section 409A of the Code, you and the Company agree that the fair market value of the benefits (other than health benefits) you receive
under Paragraph 8 and 9 hereof during the period commencing on July 1, 2009 through December 30, 2009 (as determined by the Company in good faith) shall be charged to you on a monthly basis (or, to the extent that you would otherwise be
entitled to reimbursement of expenses during such period, such reimbursement shall be delayed during such period). On December 31, 2009 the Company shall reimburse you for all such costs incurred by you and shall pay to you any other delayed
reimbursements in a single lump sum, in each case, together with interest thereon at a rate equal to the applicable Federal rate for short-term instruments as in effect on the Separation Date (as provided under Section 21 of the Employment
Agreement). 
 11. Legal Fee Reimbursement. The Company will promptly reimburse you (or pay directly) for all reasonable legal fees
incurred by you in connection with the negotiation of this Letter Agreement. 
 12. Litigation Cooperation. You agree that you will
cooperate with the Company by making yourself reasonably available to testify on behalf of the Company, its parent, subsidiaries, affiliates or divisions in any action, suit, or proceeding, investigation, inspection or regulatory inquiry whether
civil, criminal, or administrative, and to assist the Company in any such action, suit, proceeding, investigation, inspection or regulatory inquiry by providing information and meeting and consulting with the Company, its representatives or counsel
as reasonably requested. The Company shall reimburse you for expenses reasonably incurred by you in connection with your cooperation or assistance. 
  

 13. Resignation from Office(s): In connection with the termination of employment, you hereby
resign, effective as of the Separation Date, from all offices, titles or directorships held by you with News Corp. or any of its subsidiaries or affiliates. 
 14. Governing Law. This Letter Agreement shall be governed by and interpreted in accordance with the laws of the State of California, without giving effect to the choice-of-law provisions thereof. 

15. No Mitigation. Section 14 of the Employment Agreement (regarding no mitigation or offset) shall continue to apply to all compensation
amounts and benefits owed to you pursuant to the Employment Agreement or this Letter Agreement. 
 16. Counterparts. This Letter
Agreement may be executed by either of the parties hereto in counterparts, each of which shall be deemed to be an original, but all such counterparts shall together constitute one and the same instrument. 
 17. Employment Agreement. Except as expressly set forth above, the Employment Agreement shall remain in full force and effect. 
  

					
	Very truly yours,
	
	NEWS AMERICA INCORPORATED
		
	By: 	 	/s/ Janet Nova
		 	Name: 	 	Janet Nova
		 	Title:	 	SVP

  

	
	ACCEPTED AND AGREED:
	
	/s/ Peter Chernin
	Peter Chernin

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