SEC Contract Filing

Filing Date: 2017-03-01

Document Content:
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<TYPE>EX-10.15
<SEQUENCE>2
<FILENAME>crr-ex1015_1193.htm
<DESCRIPTION>EX-10.15
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<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&#160;<font style="margin-left:36pt;"></font><font style="font-weight:bold;font-size:10pt;">Exhibit 10.15</font></p>
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:9pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Master Purchase Agreement</p>
<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:6.84%;"><font style="margin-left:36pt;"></font><font style="font-size:9pt;">Agreement No. 9610018283</font></p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;color:#000000;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><font style="Background-color:#FFFFFF;">Confidential portions of this exhibit have been omitted and filed separately with the Securities and Exchange Commission under a confidential treatment request.&nbsp;&nbsp;The redacted terms have been marked in this exhibit at the appropriate place with &#8220;XXX&#8221;</font><font style="Background-color:#FFFFFF;font-weight:normal;">.</font></p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;text-transform:uppercase;font-size:11pt;font-family:Times New Roman;font-style:normal;font-variant: normal;">MASTER PURCHASE AGREEMENT FOR GOODS AND SERVICES</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">THIS MASTER PURCHASE AGREEMENT FOR GOODS AND SERVICES (&#8220;Agreement&#8221;) is made between&#160;<font style="color:#000000;">Halliburton Energy Services, Inc., </font>a Delaware corporation with a principal place of business at <font style="color:#000000;">3000 N. Sam Houston Pkwy E Houston, TX 77302, USA </font>(&#8220;Halliburton&#8221;) and <font style="color:#000000;">CARBO CERAMICS INC</font>,&#160;a Delaware<font style="font-style:italic;color:#000000;"> </font>corporation, with a principal place of business at 575 North Dairy Ashford, Suite 300, Houston, Texas 77079<font style="color:#000000;"> </font>(&#8220;Seller&#8221;). The term &#8220;Party&#8221; shall mean either Seller or Halliburton and the term &#8220;Parties&#8221; shall mean both Seller and Halliburton.</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:11pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">For and in consideration of the payment of money and delivery of Goods or Services and other good and valuable consideration in hand paid, the receipt and sufficiency of which are hereby mutually acknowledged by the Parties, </p>
<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:11pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">The PARTIES hereby agree as follows:</p>
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
<p style="text-align:center;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Article I<font style="margin-left:18pt;"></font><font style="text-transform:uppercase;font-size:11pt;">SCOPE OF AGREEMENT</font></p>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><font style="font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">1.1</font></p></td>
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<p style="text-align:justify;margin-bottom:0pt;margin-top:0pt;font-weight:bold;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:12pt;"><font style="font-size:11pt;">Initial Term of Agreement.&#160; </font><font style="font-size:11pt;font-weight:normal;">This Agreement is effective on the date of the last signature by the authorized representative(s) of the Parties (&#8220;Effective Date&#8221;) and shall continue in effect for four (4) years thereafter (&#8220;Initial Term&#8221;), unless earlier terminated in accordance with the provisions of this Agreement.&#160; The term of each Purchase Order issued under this Agreement is stated therein.&#160; The Parties hereby agree that after the Initial Term, this Agreement may be renewed for up to one additional four (4) year term (a &#8220;Renew