Document:

EX-10.17

 Exhibit 10.17 

SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT OF THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN SEPARATELY
SUBMITTED TO THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH THREE ASTERISKS (***). 

RAILCAR USAGE AGREEMENT 

THIS RAILCAR USAGE AGREEMENT (“Agreement”) is made as of this 15th day of September, 2014, by and between Smart Sand, Inc.,
having an address of 1010 Stony Hill Rd, Ste 175, Yardley, PA 19067 (“Smart Sand”); and US Well Services LLC., having an address of 770 South Post Oak Lane, Ste 405, Houston, TX 77056 (“Borrower”). 

BACKGROUND 
 A. Smart Sand
has agreed to sell to Borrower frac sand pursuant to a Master Product Purchase Agreement, dated May 8, 2014 (the “PPA”) (all capitalized terms contained herein that are not defined shall have the meanings ascribed to such terms
in the PPA), which frac sand shall be shipped from Smart Sand’s facility via railcar. 
 B. The parties hereby desire to set forth the
terms and conditions of Borrowers usage of Smart Sand’s railcars. 
 NOW, THEREFORE, for good and valuable consideration, the receipt
and sufficiency of which is hereby acknowledged, the parties, intending to be legally bound, hereby agree as follows: 
 1. Railcar
Usage. Smart Sand and Borrower hereby agree as follows: 
 A. Borrower may, upon receiving the prior written consent of Smart Sand, use
Smart Sand’s railcars solely for the purpose of shipping frac sand pursuant to the PPA from Smart Sand’s Oakdale, Wisconsin facility (the “Facility”). Borrower shall pay to Smart Sand a monthly fee of *** for each railcar
set forth on Schedule A attached hereto, which schedule may be unilaterally amended from time to time by Smart Sand upon the delivery to Smart Sand of additional railcars, up to a maximum of *** railcars, provided, however, that
if Smart Sand exercises the Option under the PPA, such maximum shall be automatically increased to *** railcars. If either party reasonably believes that additional railcars are required in excess of the maximum amounts set forth in the preceding
sentence, the parties will negotiate in good faith to mutually agree upon a new maximum number of railcars, and the failure to agree on such new maximum number will not relieve Borrower of its obligations to purchase all amounts required to be
purchased pursuant to the PPA. Once delivery has been completed, all borrowed railcars must be promptly returned to the Facility. 
 B.
Borrower will preserve in good condition Smart Sand’s railcars and will not alter the structure of such railcars. The railcars shall be used exclusively within the continental United States and/or between Canada and the continental United
States. All cross border fees/duty/taxes associated with usage of the railcars to and from Canada shall be borne by the Borrower. The Borrower shall return the borrowed cars empty and clean. 

C. During the time while the railcars are borrowed, Borrower assumes the entire responsibility for the railcars and shall be responsible and
liable to Smart Sand for any and all damage to or destruction of same, except for damage caused by normal wear and tear. Smart Sand shall not be liable for loss of or damage to the product or any part thereof that may be handled or stored in the
borrowed railcars. Borrower assumes responsibility for, and indemnifies and holds Smart Sand harmless from, any such loss or damage or claim therefore, except where such loss or damage is caused solely by Smart Sand’s negligence. Borrower
indemnifies and holds Smart Sand harmless from any liability resulting from injuries to persons or damage to property arising out of or in connection with the use of borrowed railcars except when caused solely by Smart Sand’s negligence. 

2. Term. The term of this Agreement shall continue until the termination or expiration of the PPA. All borrowed railcars will be
returned to the Facility, or another facility or location designated by Smart Sand, and all outstanding fees must be paid within *** of termination. 

3. Relationship of Parties. Smart Sand and Borrower acknowledge and agree that their relationship is that of contracting parties and
independent contractors only, and neither is the partner, employee, joint venturer or agent of the other. 
 4. Governing Law;
Interpretation. This Agreement shall be interpreted and construed in accordance with the laws of Delaware and without regard to customary principles of interpretation and construction of legal instruments which construe ambiguities against the
party causing an instrument to be drafted. For purposes of this Agreement, the neuter shall include the masculine and feminine, the masculine shall include the feminine, the feminine shall include the masculine, the singular shall include the
plural, and the plural shall include the singular, as the context may require. 

 5. Counterparts. This Agreement may be executed in one or more counterparts, all of which
together shall constitute one and the same instrument. 
 6. Amendment. Other than Schedule A attached hereto, which may be
unilaterally amended by Smart Sand in accordance with in Section 1.A., this Agreement may only be amended by a written document executed by Smart Sand and Borrower. 

[signature page follows] 

 IN WITNESS WHEREOF, the parties to this Agreement have executed this Agreement on the day and
year first above written. 
  

			
	SMART SAND, INC.
		
	By:	 	 /s/ John Young

	Name:	 	 John Young

	Title:	 	 Vice President of Sales

	
	US WELL SERVICES LLC
		
	By:	 	 /s/ Brian Stewart

	Name:	 	 Brian Stewart

	Title:	 	 CEO

 Schedule A 

Railcars 

Rail Car# 
 ***EX-10.18

 Exhibit 10.18 

SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT OF THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN SEPARATELY
SUBMITTED TO THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH THREE ASTERISKS (***). 

FIRST AMENDMENT TO RAILCAR USAGE AGREEMENT 

This FIRST AMENDMENT TO RAILCAR USAGE
AGREEMENT (the “Amendment”) is effective as of November 6, 2015 by and between Smart Sand, Inc., a Delaware corporation (“Smart Sand”), and US Well Services LLC,
a Delaware limited liability company (“Borrower”). 
 RECITALS 

WHEREAS, Smart Sand and Borrower have entered into a Railcar Usage Agreement, dated as of September 15, 2014 (the
“Agreement”); 
 WHEREAS, Smart Sand and Borrower desire to amend the Agreement to modify certain
terms set forth therein; and 
 WHEREAS, pursuant to Section 6 of the Agreement, subject to limited exceptions, the
Agreement may not be changed or amended except by a writing executed by both parties. 
 NOW, THEREFORE, in
consideration of the foregoing recitals and the mutual promises set forth herein, sufficiency of which is acknowledged by the undersigned, Borrower and Smart Sand hereby agree as follows: 

1. AMENDMENT TO THE AGREEMENT. The Agreement shall be amended as follows:

 1.1 Section 1.A. shall be deleted in its entirety and replaced with the following: 

“1. Railcar Usage. Smart Sand and Borrower hereby agree as follows: 

A. Borrower may, upon receiving the prior written consent of Smart Sand, use Smart Sand’s railcars solely for the purpose
of shipping frac sand pursuant to the PPA from Smart Sand’s Oakdale, Wisconsin facility (the “Facility”). Borrower shall pay to Smart Sand, within *** of being invoiced, a monthly fee of *** for each railcar set forth on
Schedule A attached hereto, which schedule may be unilaterally amended from time to time by Smart Sand upon the delivery to Smart Sand of additional railcars, up to a maximum of *** railcars (the “Railcar Maximum”),
provided, however, that during the period commencing on November 6, 2015 (which shall be deemed to be November 1, 2015 solely for purposes of calculating the monthly fee for November) and ending at 11:59 p.m. on
April 30, 2016, Borrower shall pay to Smart Sand, within *** of being invoiced, an aggregate monthly fee of ***, representing a *** fee for each railcar and a total number of railcars equal to ***. Smart Sand currently holds in storage *** of
the aforementioned *** railcars, and shall use commercially reasonable efforts to make such railcars available to Borrower within *** after receiving a written request from Borrower to release such railcars from storage. If either party reasonably
believes that additional railcars are required in excess of the Railcar Maximum, the parties will negotiate in good faith to mutually agree upon a new maximum number of railcars, and the failure to agree on such new maximum number will not relieve
Borrower of its obligations to purchase all amounts required to be purchased pursuant to the PPA. Once delivery has been completed, all borrowed railcars must be promptly returned to the Facility.” 

1.2 Schedule A shall be deleted in its entirety and replaced with the Schedule A attached hereto. 

 2. GENERAL PROVISIONS. 

2.1 Defined Terms. Capitalized terms used and not defined herein shall have those definitions as set forth in the Agreement. 

2.2 Amounts Payable. The parties agree that the outstanding amounts due and payable under Section 1.A of the Agreement for
or with respect to period prior to the date hereof are reflected on Invoice Nos. 2015USW0261 and 2015USW0268 and that such amounts shall be paid in accordance with the terms of such invoices. 

2.3 Successors and Assigns. The terms and conditions of this Amendment shall inure to the benefit of and be binding upon the
respective successors and assigns of the parties. Nothing in this Amendment, express or implied, is intended to confer upon any party other than the parties hereto or their respective successors and assigns any rights, remedies, obligations,
or liabilities under or by reason of this Amendment, except as expressly provided in this Amendment. 
 2.4 Counterparts;
Facsimile. This Amendment may be executed and delivered by facsimile or pdf signature and in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 

2.5 Severability. The invalidity or unenforceability of any provision hereof shall in no way affect the validity or
enforceability of any other provision. 
 2.6 No Other Changes. Except as expressly amended by this Amendment, all of the
terms of the Agreement shall remain in full force and effect. 
 2.7 Entire Agreement. This Amendment, the Agreement and the
agreements and documents referred to herein, together with all the Exhibits hereto and thereto, constitute the entire agreement and understanding of the parties with respect to the subject matter of this Amendment, and supersede any and all prior
understandings and agreements, whether oral or written, between or among the parties hereto with respect to the specific subject matter hereof. 

[REMAINDER OF THIS PAGE INTENTIONALLY LEFT
BLANK] 

  
 2 

 In Witness Whereof, the parties hereto have executed this FIRST
AMENDMENT TO RAILCAR USAGE AGREEMENT as of the date first written above. 
  

			
	SMART SAND, INC.
		
	By:	 	 /s/ John Young

	Name:	 	John Young
	Title:	 	Vice President of Sales
	
	US WELL SERVICES LLC
		
	By:	 	 /s/ Brian Stewart

	Name:	 	Brian Stewart
	Title:	 	CEO

  
 [SIGNATURE
PAGE TO FIRST AMENDMENT TO RAILCAR USAGE AGREEMENT] 

 Schedule A 

Railcars 

Railcar ID 
 ***

	
	 Count

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