EX-10.1
from 8-K
3 pages
In Connection With and Effective Immediately Following the Consummation of the Transactions (The “Merger”) Contemplated by That Certain Agreement and Plan of Merger, Dated as of May 3, 2020, by and Among KLX Energy Services Holdings, Inc. (The “Company”), a Delaware Corporation, Krypton Intermediate, LLC, a Delaware Limited Liability Company and an Indirect Wholly Owned Subsidiary of the Company, Krypton Merger Sub, Inc., a Delaware Corporation and an Indirect Wholly Owned Subsidiary of the Company and Quintana Energy Services Inc., a Delaware Corporation, You Have Resigned From Your Position as a Class III Director on the Board of Directors (The “Board”) of the Company, and the Board Has Re-Appointed You to the Board as a Class II Director. the Board Has Additionally Approved Your Appointment as Non-Executive Chairman (“Chairman”) of the Board for the Period Commencing Immediately Following the Consummation of the Merger and Ending on the Final Date of Your Current Board Term as a Class II Director Or, if Earlier, the Date of Your Resignation or Removal From the Board (Such Period, the “Term”). During the Term, You Shall Render Such Services as Are Customarily Associated With the Position of Chairman and Such Other Services as the Company May, From Time to Time, Reasonably Require of You Consistent With Such Position
12/34/56