Brief: Superior Drilling Products - Co's Unit Entered Into A First Amendment To Vendor Agreement With Baker Hughes Oilfield Operations

Superior Drilling Products

08/05/2020 22:51

May 8 (Reuters) - Superior Drilling Products Inc  SDPI.A :
    * SUPERIOR DRILLING PRODUCTS INC - ON MAY 7, CO'S UNIT
ENTERED
INTO A FIRST AMENDMENT TO VENDOR AGREEMENT WITH BAKER HUGHES
OILFIELD OPERATIONS LLC
    * SUPERIOR DRILLING PRODUCTS INC - FIRST AMENDMENT TO VENDOR
AGREEMENT AMENDING THEIR EXISTING VENDOR AGREEMENT DATED APRIL
1, 2018
    * SUPERIOR DRILLING PRODUCTS INC - UNDER  AMENDMENT, COMPANY
MAY
ENGAGE IN OTHER ACTIVITY NOT RELATED TO OR IN COMPETITION WITH
BUSINESS OF BAKER HUGHES
    * SUPERIOR DRILLING PRODUCTS INC - ALSO UNDER THIS
AMENDMENT,
CHARGES FOR REPAIR RATES COMPANY PROVIDES TO BAKER HUGHES ARE
REDUCED BY 10%
    * SUPERIOR DRILLING PRODUCTS INC - UNDER AMENDMENT,
EXCLUSIVITY
RESTRICTIONS FOR DRILL BIT REPAIR WAS LIFTED BY BAKER HUGHES

Source text for Eikon: https://bit.ly/2Wh767E
Further company coverage:  SDPI.A 

 ((Briefs@thomsonreuters.com;))