SEC Contract Filing

Filing Date: 2018-03-19

Document Content:
<DOCUMENT>
<TYPE>EX-10.20
<SEQUENCE>5
<FILENAME>wttr-20171231ex1020821b3.htm
<DESCRIPTION>EX-10.20
<TEXT>
<!--HTML document created with Merrill Bridge 7.3.329.0-->
<!--Created on: 3/19/2018 3:38:09 PM-->
<html>
	<head>
 <title>
 wttr_Ex10_20
 </title>
	</head>
	<body><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;"></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;">
 <p style="margin:0pt 0pt 12pt;text-align:right;font-family:Times New Roman,Times,serif;font-weight:bold;font-size: 12pt;">
 <font style="display:inline;">Exhibit&nbsp;10.20</font>
 </p>
 <p style="margin:0pt 0pt 12pt;text-align:center;font-family:Times New Roman,Times,serif;font-weight:bold;font-size: 12pt;">
 <font style="display:inline;">SELECT ENERGY SERVICES, INC.<br />2016 EQUITY INCENTIVE PLAN<br />STOCK OPTION AGREEMENT</font>
 </p>
 <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
 <tr>
 <td valign="top" style="width:242.40pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
 <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
 <font style="display:inline;font-size:1pt;">&nbsp;</font></p>
 </td>
 <td valign="top" style="width:242.40pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
 <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;">
 <font style="display:inline;font-size:1pt;">&nbsp;</font></p>
 </td>
 </tr>
 <tr>
 <td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:242.40pt;padding:0pt;">
 <p style="margin:3pt 0pt 3pt 7.2pt;font-family:Times New Roman,Times,serif;font-size: 12pt;">
 <font style="display:inline;">Grant Date:</font></p>
 </td>
 <td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:242.40pt;padding:0pt;">
 <p style="margin:3pt 0pt 3pt 7.2pt;font-family:Times New Roman,Times,serif;font-size: 12pt;">
 <font style="display:inline;">[&#x25CF;], 2018 (the &#x201C;</font><font style="display:inline;font-weight:bold;font-style:italic;">Grant Date</font><font style="display:inline;">&#x201D;)</font></p>
 </td>
 </tr>
 <tr>
 <td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:242.40pt;padding:0pt;">
 <p style="margin:3pt 0pt 3pt 7.2pt;font-family:Times New Roman,Times,serif;font-size: 12pt;">
 <font style="display:inline;">Name of Participant:</font></p>
 </td>
 <td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:242.40pt;padding:0pt;">
 <p style="margin:3pt 0pt 3pt 7.2pt;font-family:Times New Roman,Times,serif;font-size: 12pt;">
 <font style="display:inline;">John Schmitz (the &#x201C;</font><font style="display:inline;font-weight:bold;font-style:italic;">Participant</font><font style="display:inline;">&#x201D;)</font></p>
 </td>
 </tr>
 <tr>
 <td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:242.40pt;padding:0pt;">
 <p style="margin:3pt 0pt 3pt 7.2pt;font-family:Times New Roman,Times,serif;font-size: 12pt;">
 <font style="display:inline;">Number of Shares of Stock subject to Option:</font></p>
 </td>
 <td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:242.40pt;padding:0pt;">
 <p style="margin:3pt 0pt 3pt 7.2pt;font-family:Times New Roman,Times,serif;font-size: 12pt;">
 <font style="display:inline;">[&#x25CF;] (the &#x201C;</font><font style="display:inline;font-weight:bold;font-style:italic;">Shares</font><font style="display:inline;">&#x201D;)</font></p>
 </td>
 </tr>
 <tr>
 <td valign="top" style="border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:242.40pt;padding:0pt;">
 <p style="margin:3pt 0pt 3pt 7.2pt;font-family:Times New Roman,Times,serif;font-size: 12pt;">
 <font style="display:inline;">Per Share Exercise Price:</font></p>
 </td>
 <td valign="top" style="border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:242.40pt;padding:0pt;">
 <p style="margin:3pt 0pt 3pt 7.2pt;font-family:Times New Roman,Times,serif;font-size: 12pt;">
 <font style="display:inline;">[&#x25CF;] (the &#x201C;</font><font style="display:inline;font-weight:bold;font-style:italic;">Exercise Price Per Share</font><font style="display:inline;">&#x201D;)</font></p>
 </td>
 </tr>
 </table></div>
 <p style="margin:12pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 12pt;">
 <font style="display:inline;">This </font><font style="display:inline;font-weight:bold;">STOCK OPTION AGREEMENT</font><font style="display:inline;"> (this &#x201C;</font><font style="display:inline;font-weight:bold;font-style:italic;">Agreement</font><font style="display:inline;">&#x201D;), dated as of the Grant Date specified above, is entered into by and between Select Energy Services, Inc., a Delaware corporation (the &#x201C;</font><font style="display:inline;font-weight:bold;font-style:italic;">Company</font><font style="display:inline;">&#x201D;), and the Participant, pursuant to which the Company grants the Participant an option