SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
the Securities Exchange Act of 1934
777 Main Street, Suite 2900
Fort Worth, Texas 76102
Senior Vice President, General Counsel,
Chief Compliance Officer and Secretary
777 Main Street, Suite 2900
Fort Worth, Texas 76102
|
DATE & TIME
|
| | March 3, 2022 at 9:00 a.m. Eastern Time | |
|
PLACE
|
| | The special meeting of stockholders of FTSI will be exclusively online via live webcast (the “special meeting”) and can be accessed by visiting https://www.virtualshareholdermeeting.com/FTSI2022SM (the “virtual meeting website”), where you will be able to attend the special meeting and vote during the special meeting. You may submit your questions in advance of the meeting at www.proxyvote.com after logging in with your control number. There will not be a physical meeting location. | |
|
ITEMS OF BUSINESS
|
| | Consider and vote on: | |
| | | |
•
A proposal to approve and adopt the Agreement and Plan of Merger, dated as of October 21, 2021, by and among FTS International, Inc. (“FTSI”), ProFrac Holdings, LLC (“Parent”) and ProFrac Acquisitions, Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“Merger Sub”), as may be amended from time to time (the “Merger Agreement”), a copy of which is included as Annex A to the proxy statement of which this notice forms a part, and pursuant to which Merger Sub will be merged with and into FTSI, with FTSI surviving the Merger as a wholly owned subsidiary of Parent (the “Merger”);
|
|
| | | |
•
A proposal to approve, on a non-binding, advisory basis, certain compensation that will or may be paid by FTSI to its named executive officers that is based on or otherwise relates to the Merger discussed under the section entitled “The Merger (Proposal 1) — Interests of FTSI’s Directors and Executive Officers in the Merger” beginning on page 54 of this proxy statement; and
|
|
| | | |
•
A proposal to approve an adjournment of the special meeting, including if necessary to solicit additional proxies in favor of the proposal to approve and adopt the Merger Agreement, if there are not sufficient votes at the time of such adjournment to approve and adopt the Merger Agreement.
|
|
|
RECORD DATE
|
| | Stockholders of record at the close of business on January 21, 2022 are entitled to notice of and may vote at the special meeting. | |
| | | | At least one day before the special meeting, a complete list of the stockholders entitled to vote at the meeting, arranged in alphabetical order and showing the address of and the number of shares registered in the name of each stockholder, will be prepared by the Secretary at FTS International, Inc., 777 Main Street, Suite 2900, Fort Worth, Texas 76102, or the transfer agent in charge of the stock ledger of FTSI. Such list will be open for examination by any FTSI stockholder at such address at the time of the meeting. | |
|
VOTING BY PROXY
|
| | The FTSI board of directors is soliciting your proxy to assure that a quorum is present and that your shares are represented and voted at the special meeting. For information on submitting your proxy over | |
| | | | the internet, by telephone or by returning your proxy by mail (no extra postage is needed for the provided envelope if mailed in the United States), please see the attached proxy statement and enclosed proxy card. If you later decide to vote at the special meeting via the virtual meeting website, your proxy prior to the special meeting will be revoked. | |
|
RECOMMENDATIONS
|
| | The FTSI board of directors recommends that you vote: | |
| | | |
•
“FOR” the proposal to approve and adopt the Merger Agreement;
|
|
| | | |
•
“FOR” the proposal to approve, on a non-binding, advisory basis, certain compensation that will or may be paid by FTSI to its named executive officers that is based on or otherwise relates to the Merger; and
|
|
| | | |
•
“FOR” the proposal to adjourn the special meeting, including if necessary to solicit additional proxies in favor of the proposal to approve and adopt the Merger Agreement, if there are not sufficient votes at the time of such adjournment to approve and adopt the Merger Agreement.
|
|
|
APPRAISAL RIGHTS
|
| | Under the Delaware General Corporation Law (the “DGCL”), any record holder of FTSI common stock who does not vote in favor of the Merger, and who exercises its appraisal rights and fully complies with all of the provisions of Section 262 of the DGCL (but not otherwise), will be entitled to seek appraisal for, and obtain payment in cash for the judicially determined fair value of, all (but not less than all) of its shares of FTSI common stock if the Merger is completed. | |
1407 Broadway, 27th Floor
New York, NY 10018
Toll-Free: (800) 322-2885
E-mail: [email protected]
FTS International, Inc.
Senior Vice President, General Counsel,
Chief Compliance Officer and Secretary
Fort Worth, Texas 76102
PROXY STATEMENT
| | |
Page
|
| |||
| | | | 1 | | | |
| | | | 2 | | | |
| | | | 2 | | | |
| | | | 2 | | | |
| | | | 3 | | | |
| | | | 4 | | | |
| | | | 4 | | | |
| | | | 4 | | | |
| | | | 4 | | | |
| | | | 5 | | | |
| | | | 5 | | | |
| | | | 5 | | | |
| | | | 5 | | | |
| | | | 6 | | | |
| | | | 6 | | | |
| | | | 7 | | | |
| | | | 8 | | | |
| | | | 9 | | | |
| | | | 10 | | | |
| | | | 12 | | | |
| | | | 13 | | | |
| | | | 13 | | | |
| | | | 13 | | | |
| | | | 13 | | | |
| | | | 15 | | | |
| | | | 15 | | | |
| | | | 15 | | | |
| | | | 16 | | | |
| | | | 17 | | |
| | |
Page
|
| |||
| | | | 26 | | | |
| | | | 28 | | | |
| | | | 28 | | | |
| | | | 28 | | | |
| | | | 29 | | | |
| | | | 30 | | | |
| | | | 30 | | | |
| | | | 30 | | | |
| | | | 31 | | | |
| | | | 31 | | | |
| | | | 32 | | | |
| | | | 32 | | | |
| | | | 32 | | | |
| | | | 33 | | | |
| | | | 33 | | | |
| | | | 33 | | | |
| | | | 34 | | | |
| | | | 34 | | | |
| | | | 34 | | | |
| | | | 35 | | | |
| | | | 35 | | | |
| | | | 36 | | | |
| | | | 36 | | | |
| | | | 36 | | | |
| | | | 37 | | | |
| | | | 44 | | | |
| | | | 47 | | | |
| | | | 47 | | | |
| | | | 52 | | | |
| | | | 54 | | | |
| | | | 59 | | | |
| | | | 59 | | | |
| | | | 59 | | | |
| | | | 60 | | | |
| | | | 60 | | | |
| | | | 60 | | | |
| | | | 60 | | | |
| | | | 60 | | | |
| | | | 62 | | | |
| | | | 62 | | | |
| | | | 62 | | | |
| | | | 62 | | | |
| | | | 63 | | |
| | |
Page
|
| |||
| | | | 63 | | | |
| | | | 64 | | | |
| | | | 64 | | | |
| | | | 65 | | | |
| | | | 66 | | | |
| | | | 67 | | | |
| | | | 70 | | | |
| | | | 70 | | | |
| | | | 71 | | | |
| | | | 72 | | | |
| | | | 74 | | | |
| | | | 76 | | | |
| | | | 76 | | | |
| | | | 77 | | | |
| | | | 78 | | | |
| | | | 78 | | | |
| | | | 80 | | | |
| | | | 80 | | | |
| | | | 80 | | | |
| | | | 82 | | | |
| | | | 83 | | | |
| | | | 84 | | | |
| | | | 85 | | | |
| | | | 85 | | | |
| | | | 85 | | | |
| | | | 85 | | | |
| | | | 87 | | | |
| | | | 87 | | | |
| | | | 88 | | | |
| | | | 92 | | | |
| | | | 93 | | | |
| | | | 94 | | | |
| | | | 99 | | | |
| | | | 102 | | | |
| | | | 103 | | | |
| | | | 104 | | |
| | | | | A-1 | | | |
| | | | | B-1 | | | |
| | | | | C-1 | | |
1407 Broadway, 27th Floor
New York, NY 10018
Toll-Free: (800) 322-2885
E-mail: [email protected]
Announcement Date
|
| |
Target
|
| |
Acquirer
|
| |
EV/Forward EBITDA
|
|
08/2021 | | |
Alamo Pressure Pumping, LLC
|
| | NexTier Oilfield Solutions Inc. | | |
3.4x(1)
|
|
09/2020 | | | Schlumberger N.V. (Onestim) | | | Liberty Oilfield Services Inc. | | |
4.1x
|
|
06/2019 | | | C&J Energy Services Inc. | | | Keane Group, Inc. | | |
2.9x
|
|
11/2018 | | | Pioneer Natural Resources Company (pressure pumping assets) | | | ProPetro Holding Corp. | | |
2.9x
|
|
| | |
2022E
|
| |
2023E
|
| |
2024E
|
| |
2025E
|
| ||||||||||||
Case 1 | | | | | | | | | | | | | | | | | | | | | | | | | |
Revenue
|
| | | | 543.1 | | | | | | 630.0 | | | | | | 679.7 | | | | | | 740.6 | | |
Adjusted EBITDA(1)
|
| | | | 121.6 | | | | | | 160.9 | | | | | | 172.2 | | | | | | 193.2 | | |
Depreciation and Amortization
|
| | | | 52.3 | | | | | | 69.3 | | | | | | 94.7 | | | | | | 126.3 | | |
Adjusted EBIT
|
| | | | 69.3 | | | | | | 91.6 | | | | | | 77.5 | | | | | | 66.8 | | |
Changes in Working Capital
|
| | | | (23.6) | | | | | | (6.0) | | | | | | (4.7) | | | | | | (5.9) | | |
Other
|
| | | | 3.0 | | | | | | (6.6) | | | | | | (9.9) | | | | | | (16.3) | | |
| | |
2022E
|
| |
2023E
|
| |
2024E
|
| |
2025E
|
| ||||||||||||
Total Working Capital Requirements
|
| | | | (20.6) | | | | | | (12.6) | | | | | | (14.6) | | | | | | (22.2) | | |
Growth Capital Expenditures
|
| | | | (55.1) | | | | | | (51.5) | | | | | | (64.0) | | | | | | (60.0) | | |
Maintenance Capital Expenditures
|
| | | | (34.9) | | | | | | (38.1) | | | | | | (42.0) | | | | | | (46.4) | | |
Acquisitions / Other Capital Expenditures
|
| | | | (2.1) | | | | | | (2.1) | | | | | | (2.1) | | | | | | (2.1) | | |
Reactivation Capital Expenditures
|
| | |
|
—
|
| | | |
|
—
|
| | | |
|
—
|
| | | |
|
—
|
| |
Total Capital Expenditures
|
| | | | (92.1) | | | | | | (91.7) | | | | | | (108.1) | | | | | | (108.5) | | |
Case 2 | | | | | | | | | | | | | | | | | | | | | | | | | |
Revenue
|
| | | | 489.5 | | | | | | 529.0 | | | | | | 549.6 | | | | | | 563.2 | | |
Adjusted EBITDA(1)
|
| | | | 82.9 | | | | | | 112.2 | | | | | | 122.5 | | | | | | 125.5 | | |
Depreciation and Amortization
|
| | | | 52.1 | | | | | | 67.9 | | | | | | 91.3 | | | | | | 120.0 | | |
Adjusted EBIT
|
| | | | 30.8 | | | | | | 44.3 | | | | | | 31.2 | | | | | | 5.4 | | |
Changes in Working Capital
|
| | | | (11.2) | | | | | | (3.8) | | | | | | (1.5) | | | | | | (0.6) | | |
Other
|
| | | | 2.0 | | | | | | 0.2 | | | | | | 0.3 | | | | | | 0.4 | | |
Total Working Capital Requirements
|
| | | | (9.2) | | | | | | (3.6) | | | | | | (1.2) | | | | | | (0.2) | | |
Growth Capital Expenditures
|
| | | | (55.1) | | | | | | (51.5) | | | | | | (64.0) | | | | | | (60.0) | | |
Maintenance Capital Expenditures
|
| | | | (33.3) | | | | | | (33.4) | | | | | | (34.8) | | | | | | (36.5) | | |
Acquisitions / Other Capital Expenditures
|
| | | | (2.1) | | | | | | (2.1) | | | | | | (2.1) | | | | | | (2.1) | | |
Reactivation Capital Expenditures
|
| | |
|
—
|
| | | |
|
—
|
| | | |
|
—
|
| | | |
|
—
|
| |
Total Capital Expenditures
|
| | | | (90.5) | | | | | | (87.0) | | | | | | (101.0) | | | | | | (98.6) | | |
|
| | |
Cash
($)(1) |
| |
Equity
($)(2) |
| |
Perquisites/Benefits
($)(3) |
| |
Total
($) |
| ||||||||||||
Michael J. Doss, President and Chief Executive Officer
|
| | | $ | 4,250,000 | | | | | $ | 4,639,822 | | | | | $ | 24,329 | | | | | $ | 8,914,151 | | |
Buddy Petersen, Chief Operating Officer
|
| | | $ | 2,700,000 | | | | | $ | 3,314,147 | | | | | $ | 29,984 | | | | | $ | 6,044,131 | | |
Lance Turner, Chief Financial Officer
|
| | | $ | 1,147,500 | | | | | $ | 1,988,488 | | | | | $ | 27,379 | | | | | $ | 3,163,367 | | |
Named Executive Officers
|
| |
Value of
Unvested Company Stock Options ($) |
| |
Value of
Company RSUs ($) |
| |
Value of
Company PRSUs ($)(a) |
| |
Total
($) |
| ||||||||||||
Michael J. Doss, President and Chief Executive Officer
|
| | | $ | 879,757 | | | | | $ | 3,760,065 | | | | | | — | | | | | $ | 4,639,822 | | |
Buddy Petersen, Chief Operating Officer
|
| | | $ | 628,380 | | | | | $ | 2,685,767 | | | | | | — | | | | | $ | 3,314,147 | | |
Lance Turner, Chief Financial Officer
|
| | | $ | 377,040 | | | | | $ | 1,611,448 | | | | | | — | | | | | $ | 1,988,488 | | |
Named Executive Officers
|
| |
COBRA Premium
Payment(a) ($) |
| |
Outplacement
Services ($) |
| |
Total
($) |
| |||||||||
Michael J. Doss, President and Chief Executive Officer
|
| | | $ | 4,329 | | | | | $ | 20,000 | | | | | $ | 24,329 | | |
Buddy Petersen, Chief Operating Officer
|
| | | $ | 9,984 | | | | | $ | 20,000 | | | | | $ | 29,984 | | |
Lance Turner, Chief Financial Officer
|
| | | $ | 7,379 | | | | | $ | 20,000 | | | | | $ | 27,379 | | |
| | |
High
|
| |
Low
|
| |
Dividends
|
| |||||||||
Fiscal Year 2021 | | | | | | | | | | | | | | | | | | | |
Fourth Quarter
|
| | | $ | 28.85 | | | | | $ | 24.48 | | | | | | | | |
Third Quarter
|
| | | $ | 29.18 | | | | | $ | 18.07 | | | | | | — | | |
Second Quarter
|
| | | $ | 30.09 | | | | | $ | 20.61 | | | | | | — | | |
First Quarter
|
| | | $ | 26.32 | | | | | $ | 15.73 | | | | | | — | | |
Fiscal Year 2020 | | | | | | | | | | | | | | | | | | | |
Fourth Quarter(1)
|
| | | $ | 20.00 | | | | | $ | 3.02 | | | | | | — | | |
Third Quarter
|
| | | $ | 7.75 | | | | | $ | 1.01 | | | | | | — | | |
Second Quarter
|
| | | $ | 18.63 | | | | | $ | 3.40 | | | | | | — | | |
First Quarter
|
| | | $ | 33.00 | | | | | $ | 3.80 | | | | | | — | | |
Fiscal Year 2019 | | | | | | | | | | | | | | | | | | | |
Fourth Quarter
|
| | | $ | 46.00 | | | | | $ | 17.74 | | | | | | — | | |
Third Quarter
|
| | | $ | 118.80 | | | | | $ | 44.60 | | | | | | — | | |
Second Quarter
|
| | | $ | 247.40 | | | | | $ | 102.80 | | | | | | — | | |
First Quarter
|
| | | $ | 224.00 | | | | | $ | 138.20 | | | | | | — | | |
777 Main Street, Suite 2900
Fort Worth, Texas 76102
Attention: Senior Vice President, General Counsel, Chief Compliance Officer and Secretary
COMPENSATION ARRANGEMENTS (PROPOSAL 2)
Name of Beneficial Owner
|
| |
Number of Shares
|
| |
Percentage
|
| ||||||
5% Stockholders | | | | | | | | | | | | | |
THRC Management, LLC(1)
|
| | | | 2,750,000 | | | | | | 19.9% | | |
Glendon Capital Management LP(2)
|
| | | | 1,775,523 | | | | | | 12.8% | | |
CHK Energy Holdings, Inc.(3)
|
| | | | 1,351,514 | | | | | | 9.8% | | |
Amundi(4)
|
| | | | 1,143,764 | | | | | | 8.3% | | |
Ares Management LLC(5)
|
| | | | 1,043,045 | | | | | | 7.5% | | |
Temasek Holdings (Private) Limited(6)
|
| | | | 992,496 | | | | | | 7.2% | | |
Nomura Corporate Research and Asset Management Inc.(7)
|
| | | | 810,288 | | | | | | 5.9% | | |
GLG Partners LP(8)
|
| | | | 708,021 | | | | | | 5.1% | | |
Glazer Capital, LLC(9)
|
| | | | 696,004 | | | | | | 5.0% | | |
Executive Officers and Directors(15)
|
| | | | | | | | | | | | |
Michael J. Doss(10)
|
| | | | 116,636 | | | | | | * | | |
Buddy Petersen(11)
|
| | | | 83,221 | | | | | | * | | |
Lance Turner(12)
|
| | | | 51,067 | | | | | | * | | |
Jared Vitemb(13)
|
| | | | 3,677 | | | | | | * | | |
Karen Thornton(14)
|
| | | | 38,285 | | | | | | * | | |
Eugene Davis
|
| | | | 5,977 | | | | | | * | | |
Derek Gipson
|
| | | | 4,782 | | | | | | * | | |
Robert Kelly Owen
|
| | | | 4,782 | | | | | | * | | |
Christopher Sayer
|
| | | | — | | | | | | * | | |
All directors and executive officers as a group (9 persons)
|
| | | | 308,427 | | | | | | 2.2% | | |
International, Inc.
Senior Vice President, General Counsel,
Chief Compliance Officer and Secretary
| | |
PAGE
|
| |||
| | | | A-1 | | | |
| | | | A-1 | | | |
| | | | A-10 | | | |
| | | | A-11 | | | |
| | | | A-11 | | | |
| | | | A-11 | | | |
| | | | A-12 | | | |
| | | | A-13 | | | |
| | | | A-13 | | | |
| | | | A-14 | | | |
| | | | A-14 | | | |
| | | | A-14 | | | |
| | | | A-14 | | | |
| | | | A-14 | | | |
| | | | A-15 | | | |
| | | | A-15 | | | |
| | | | A-15 | | | |
| | | | A-15 | | | |
| | | | A-15 | | | |
| | | | A-16 | | | |
| | | | A-16 | | | |
| | | | A-16 | | | |
| | | | A-17 | | | |
| | | | A-18 | | | |
| | | | A-19 | | | |
| | | | A-19 | | | |
| | | | A-19 | | | |
| | | | A-19 | | | |
| | | | A-19 | | | |
| | | | A-20 | | | |
| | | | A-20 | | | |
| | | | A-20 | | | |
| | | | A-21 | | | |
| | | | A-22 | | | |
| | | | A-23 | | | |
| | | | A-24 | | | |
| | | | A-24 | | | |
| | | | A-25 | | | |
| | | | A-25 | | | |
| | | | A-26 | | | |
| | | | A-26 | | |
| | |
PAGE
|
| |||
| | | | A-26 | | | |
| | | | A-27 | | | |
| | | | A-27 | | | |
| | | | A-27 | | | |
| | | | A-27 | | | |
| | | | A-28 | | | |
| | | | A-28 | | | |
| | | | A-28 | | | |
| | | | A-28 | | | |
| | | | A-29 | | | |
| | | | A-29 | | | |
| | | | A-29 | | | |
| | | | A-29 | | | |
| | | | A-29 | | | |
| | | | A-29 | | | |
| | | | A-32 | | | |
| | | | A-32 | | | |
| | | | A-36 | | | |
| | | | A-36 | | | |
| | | | A-38 | | | |
| | | | A-38 | | | |
| | | | A-38 | | | |
| | | | A-38 | | | |
| | | | A-39 | | | |
| | | | A-41 | | | |
| | | | A-41 | | | |
| | | | A-41 | | | |
| | | | A-43 | | | |
| | | | A-43 | | | |
| | | | A-43 | | | |
| | | | A-43 | | | |
| | | | A-43 | | | |
| | | | A-43 | | | |
| | | | A-44 | | | |
| | | | A-44 | | | |
| | | | A-44 | | | |
| | | | A-44 | | | |
| | | | A-44 | | | |
| | | | A-45 | | | |
| | | | A-45 | | | |
| | | | A-45 | | | |
| | | | A-46 | | |
| | |
PAGE
|
| |||
| | | | A-46 | | | |
| | | | A-46 | | | |
| | | | A-48 | | | |
| | | | A-48 | | | |
| | | | A-48 | | | |
| | | | A-49 | | | |
| | | | A-49 | | | |
| | | | A-49 | | | |
| | | | A-50 | | | |
| | | | A-51 | | | |
| | | | A-51 | | | |
| | | | A-51 | | | |
| | | | A-52 | | | |
| | | | A-52 | | | |
| | | | A-52 | | | |
| | | | A-53 | | | |
| | | | A-53 | | | |
| | | | A-53 | | |
Definitions
Term
|
| |
Section
|
|
Acceptable Confidentiality Agreement | | | 6.03(c)(i) | |
Adverse Recommendation Change | | | 6.03(b) | |
Agreement | | | Preamble | |
Aggregate Merger Consideration | | | 2.03 | |
Antitrust Division | | | 8.01(b) | |
Applicable Date | | | 4.07(a) | |
Board of Directors | | | 4.02(b) | |
Certificates | | | 2.03(a)(i) | |
Class A Common Stock | | | Recitals | |
Class B Common Stock | | | Recitals | |
Closing | | | 2.01(b) | |
Company | | | Preamble | |
Company 401(k) Plan | | | 7.03(c) | |
Company Board Recommendation | | | 4.02(b) | |
Company Charter | | | 4.01 | |
Company Disclosure Documents | | | 4.09(a) | |
Company Financial Advisor | | | 4.25 | |
Company Meeting | | | 4.03 | |
Company PRSUs | | | 2.05(c) | |
Company RSUs | | | 2.05(b) | |
Company SEC Documents | | | 4.07(a) | |
Company Securities | | | 4.05(c) | |
Company Stock Awards | | | 2.05(d) | |
Continuation Period | | | 7.03(a) | |
Company Stock Options | | | 2.05(a) | |
Company Subsidiary Securities | | | 4.06(b) | |
Consideration Fund | | | 2.03(a) | |
D&O Insurance | | | 7.02(d) | |
End Date | | | 10.01(b)(i) | |
Effective Time | | | 2.01(c) | |
| | 11.01 | | |
Electronic Delivery | | | 11.11 | |
Equity Financing | | | Recitals | |
Equity Financing Letter | | | Recitals | |
Equity Financing Source | | | Recitals | |
Term
|
| |
Section
|
|
Existing PO | | | 4.22(b) | |
Finance Lease | | |
4.22(a)(xii)
|
|
Go-Shop Period | | | 6.03(a)(i) | |
Go-Shop Period End Date | | | 6.03(a)(i) | |
Indemnified Person | | | 7.02(a) | |
Intervening Event | | | 6.03(c)(ii) | |
IRS | | | 4.18(c) | |
Lease | | | 4.15(b) | |
Majority of the Minority Approval | | | 9.03(d) | |
Material Contract | | | 4.22(b) | |
Merger | | | 2.01(a) | |
Merger Consideration | | | 2.02(a) | |
Merger Sub | | | Preamble | |
Non-Party Affiliates | | | 11.09 | |
Opinion | | | 4.25 | |
Parent | | | Preamble | |
Parent 401(k) Plan | | | 7.03(d) | |
Paying Agent | | | 2.03(a) | |
Preferred Shares | | | 4.05(a) | |
Principal Customer | | | 4.21 | |
Principal Supplier | | | 4.21 | |
Proxy Statement | | | 4.03 | |
Representatives | | | 6.02 | |
Requisite Company Vote | | | 4.02(a) | |
Sanctions | | | 4.12(b) | |
Shares | | | Recitals | |
Solvent | | | 5.07 | |
Stockholder Approval | | | 9.01(d) | |
Superior Proposal | | | 6.03(g) | |
Surviving Corporation | | | 2.01(a) | |
Uncertificated Shares | | | 2.03(a)(ii) | |
Underwriter | | | 6.05(a) | |
Voting and Support Agreement | | | Recitals | |
The Merger
The Surviving Corporation
Representations and Warranties of the Company
Representations and Warranties of Parent and Merger Sub
Covenants of the Company
Covenants of Parent
Covenants of Parent and the Company
Conditions to the Merger
Termination
Miscellaneous
333 Shops Boulevard, Suite 301
Willow Park, TX 76087
Attention: Robert J. Willette
E-mail: [email protected]
1001 Fannin Street, Suite 2500
Houston, TX 77002
Attention: Michael S. Telle
E-mail: [email protected]
777 Main Street, Suite 2900
Fort Worth, Texas 76102
Attention: Jared Vitemb
Email: [email protected]
450 Lexington Avenue
New York, NY 10017
the next page is the signature page.]
|
|
| |
|
|
FTS International, Inc.
777 Main Street, Suite 2900
Fort Worth, TX 76102
Title: Chief Executive Officer