SEC Filings

8-K
HORNBECK OFFSHORE SERVICES INC /LA filed this Form 8-K on 08/07/2003
Entire Document
 
<PAGE>
                                Table of Contents
                                  (continued)


<Table>
<Caption>
                                                                                                               Page
                                                                                                               ----
<S>               <C>                                                                                          <C>
ARTICLE 3         REPRESENTATIONS AND WARRANTIES OF BUYER........................................................26
         3.1      Organization and Good Standing.................................................................26
         3.2      Authority of Buyer.............................................................................26
         3.3      No Conflicts...................................................................................27
         3.4      Consents and Approvals.........................................................................27
         3.5      Brokers/Advisors...............................................................................27

ARTICLE 4         ACTIONS BY SELLER, MANAGER AND STOCKHOLDER PENDING CLOSING.....................................28
         4.1      Conduct of Business............................................................................28
         4.2      Continued Administration.......................................................................28
         4.3      Records........................................................................................28
         4.4      Maintenance of Insurance.......................................................................28
         4.5      Reports........................................................................................28
         4.6      Additional Disclosure..........................................................................28
         4.7      Taxes..........................................................................................29
         4.8      Required Financial Statements..................................................................29

ARTICLE 5         COVENANTS OF SELLER, MANAGER AND STOCKHOLDER...................................................30
         5.1      Approvals......................................................................................30
         5.2      Compliance with Legal Requirements.............................................................30
         5.3      Books and Records..............................................................................30
         5.4      Investigation by Buyer.........................................................................30
         5.5      Certain Acts or Omissions......................................................................30
         5.6      Confidentiality................................................................................31
         5.7      Contracts; Liabilities.........................................................................31
         5.8      Employee Matters...............................................................................31
         5.9      Enforcement of Rights and Benefits.............................................................32
         5.10     OSV Business Inquiries.........................................................................32
         5.11     Repairs........................................................................................33
         5.12     No Purchase or Construction....................................................................33
         5.13     Vessel Options.................................................................................33
         5.14     Ownership of Vessels...........................................................................34

ARTICLE 6         COVENANTS OF BUYER.............................................................................34
         6.1      Approvals......................................................................................34
         6.2      Compliance with Legal Requirements.............................................................34
         6.3      Certain Acts or Omissions......................................................................34
         6.4      Access to Records..............................................................................35
         6.5      Vessel Markings................................................................................35

ARTICLE 7         CONDITIONS TO OBLIGATIONS OF BUYER.............................................................35
         7.1      Predicate Transaction and Purchase Agreement Transactions......................................35
         7.2      Representations and Warranties.................................................................35
</Table>




                                       ii