<SEC-DOCUMENT>0001193125-19-076677.txt : 20190315
<SEC-HEADER>0001193125-19-076677.hdr.sgml : 20190315
<ACCEPTANCE-DATETIME>20190315160932
ACCESSION NUMBER:		0001193125-19-076677
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20190315
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20190315
DATE AS OF CHANGE:		20190315

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Quest Resource Holding Corp
		CENTRAL INDEX KEY:			0001442236
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359]
		IRS NUMBER:				510665952
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36451
		FILM NUMBER:		19685127

	BUSINESS ADDRESS:	
		STREET 1:		3481 PLANO PARKWAY
		CITY:			THE COLONY
		STATE:			TX
		ZIP:			75056
		BUSINESS PHONE:		972-464-0004

	MAIL ADDRESS:	
		STREET 1:		3481 PLANO PARKWAY
		CITY:			THE COLONY
		STATE:			TX
		ZIP:			75056

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Infinity Resources Holdings Corp.
		DATE OF NAME CHANGE:	20121030

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	YouChange Holdings Corp
		DATE OF NAME CHANGE:	20100824

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BlueStar Financial Group, Inc.
		DATE OF NAME CHANGE:	20080806
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d723512d8k.htm
<DESCRIPTION>FORM 8-K
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<TITLE>Form 8-K</TITLE>
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, D.C. 20549 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM <FONT
STYLE="white-space:nowrap">8-K</FONT> </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>CURRENT
REPORT </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Pursuant to Section&nbsp;13 or 15(d) </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>of the Securities Exchange Act of 1934 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Date of Report (Date of earliest event reported): March&nbsp;15, 2019 </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>QUEST RESOURCE HOLDING CORPORATION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact Name of Registrant as Specified in Charter) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top" ALIGN="center"><B>Nevada</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B><FONT STYLE="white-space:nowrap">001-36451</FONT></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B><FONT STYLE="white-space:nowrap">51-0665952</FONT></B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(State or Other Jurisdiction</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>of Incorporation)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Commission</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>File Number)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(IRS Employer</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Identification No.)</B></P></TD></TR>
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<TD VALIGN="top" COLSPAN="3" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>3481 Plano Parkway</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>The Colony, Texas</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>75056</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" COLSPAN="3" ALIGN="center"><B>(Address of Principal Executive Offices)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>(Zip Code)</B></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Registrant&#146;s telephone number, including area code: (972)
<FONT STYLE="white-space:nowrap">464-0004</FONT> </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Check the appropriate box below
if the Form <FONT STYLE="white-space:nowrap">8-K</FONT> filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Soliciting material pursuant to Rule <FONT STYLE="white-space:nowrap">14a-12</FONT> under the Exchange Act (17
CFR <FONT STYLE="white-space:nowrap">240.14a-12)</FONT> </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><FONT STYLE="white-space:nowrap">Pre-commencement</FONT> communications pursuant to Rule <FONT
STYLE="white-space:nowrap">14d-2(b)</FONT> under the Exchange Act (17 CFR <FONT STYLE="white-space:nowrap">240.14d-2(b))</FONT> </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><FONT STYLE="white-space:nowrap">Pre-commencement</FONT> communications pursuant to Rule <FONT
STYLE="white-space:nowrap">13e-4(c)</FONT> under the Exchange Act (17 CFR <FONT STYLE="white-space:nowrap">240.13e-4(c))</FONT> </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this
chapter) or Rule <FONT STYLE="white-space:nowrap">12b-2</FONT> of the Securities Exchange Act of 1934 <FONT STYLE="white-space:nowrap">(&#167;240.12b-2</FONT> of this chapter). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">Emerging growth company&nbsp;&nbsp;&#9744; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">If an
emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section&nbsp;13(a) of the Exchange
Act.&nbsp;&nbsp;&#9744; </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>
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<TD WIDTH="10%" VALIGN="top" ALIGN="left"><B>Item&nbsp;8.01.</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Other Events. </B></P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Affiliates of our Chairman of the Board of Directors (&#147;Board&#148;), and largest beneficial stockholder, Mitchell A. Saltz
(&#147;Seller&#148;) have entered into a Put and Call Stock Purchase Agreement (&#147;Purchase Agreement&#148;) dated March&nbsp;15, 2019, with Hampstead Park Capital Management, LLC (&#147;Buyer&#148;) of which Dan Friedberg is the Chief Executive
Officer. The Purchase Agreement provides for the sale by Seller of 1,750,000 shares of common stock in our company to Buyer at a purchase price of $2.00 per share. We are not a party to the Purchase Agreement, but the Purchase Agreement, if
consummated, would result in a number of changes to our Board. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The consummation of the Purchase Agreement is subject to a number of
conditions, including the sale by Seller of 1,950,000 shares of common stock in our company in a public offering through Roth Capital Partners, in which it is also contemplated that Jeffrey D. Forte, a founder and director of our company, will sell
up to 500,000 shares of common stock in our company, and Brian Dick, a founder and major stockholder of our company as well as our former Chief Executive Officer, will sell up to 1,846,915 shares of common stock in our company. The consummation of
the Purchase Agreement is also subject to the institution of various changes relating to our Board as described below; the execution of <FONT STYLE="white-space:nowrap">Non-Competition</FONT> Agreements by each of Messrs. Saltz, Forte, and Dick; the
successful completion of the public offering, including the sale of 1,950,000 shares by Seller and 1,500,000 shares held by Messrs. Forte and Dick, unless Seller or such other stockholders determine to sell a lesser number of shares; the execution
of a Voting Agreement by Messrs. Saltz, Forte, and Dick as described below; and various other provisions typical in agreements of this type. As a result of the various conditions to the consummation of the Purchase Agreement, the potential for the
waiver of conditions, and the number of parties involved, the Purchase Agreement and related documentation and matters contemplated thereby are all subject to change and may not be consummated as currently anticipated or at all. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If the Purchase Agreement is consummated, it is anticipated that Messrs. Saltz and Forte will resign from our Board; that two designees of
Buyer, including Dan Friedberg, will be appointed to our Board; that Mr.&nbsp;Friedberg will replace Mr.&nbsp;Saltz as Chairman of our Board; that Mr.&nbsp;Friedberg will become Chairman of the Nominations and Corporate Governance Committee of our
Board; and that the size of our Board will be reduced from nine to eight prior to or shortly after our next annual meeting of stockholders. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Messrs. Saltz, Forte, and Dick also will enter into a three-year Voting Agreement under which they will agree to vote or cause to be voted
remaining shares of common stock in our company owned by them (1)&nbsp;in favor of directors nominated and recommended by our Board, including two designees of Buyer, provided that a majority of our Board must be &#147;independent&#148; within the
meaning of the rules of Nasdaq; (2)&nbsp;against any stockholder nomination or proposal not approved or recommended by our Board; (3)&nbsp;in accordance with the recommendations of our Board on all other proposals as our Board sets forth in the
proxy statements of our company, unless multiple proxy advisory firms recommend a vote against such recommendation; and (4)&nbsp;in their own discretion in certain &#147;Extraordinary Matters&#148; (as defined in the Voting Agreement), including
various change in control, spin off, recapitalizations, reorganization, and sale of asset transactions. In addition, Messrs. Saltz, Forte, and Dick will be required to vote all their shares for up to a maximum of three additional directors proposed
by Buyer in addition to the two then serving Buyer designees and, if necessary, the removal of up to a maximum of three directors who are not designees of Buyer so that Buyer will have a maximum of five designees if the following Board conditions
are not satisfied: (i)&nbsp;Messrs. Saltz and Forte are not serving on our Board or any committees thereof; (ii)&nbsp;Dan Friedberg and a second person designated by Buyer, the Second Designee, shall be elected or appointed as members of our Board,
commencing as of the Effective Date of the Purchase Agreement; (iii)&nbsp;if Dan Friedberg or the Second Designee do not serve for any reason during the term of the Voting Agreement, Buyer will have the right to designate a replacement director(s)
to the Board and such replacement director(s) shall be promptly appointed to the Board, provided any such replacement director shall be &#147;independent&#148; for Nasdaq purposes and qualified to serve; (iv)&nbsp;Dan Friedberg shall serve as
Chairman of the Board, provided he is willing and able to serve in such capacity; and (v)&nbsp;Dan Friedberg shall serve as Chairman of the Nominations and Corporate Governance Committee of the Board, provided he is willing and able to serve in such
capacity. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The <FONT STYLE="white-space:nowrap">Non-Competition</FONT> Agreement restricts for a period of up to three years in the case
of Messrs. Saltz and Forte and up to two years in the case of Mr.&nbsp;Dick from directly or indirectly (a)&nbsp;engaging or becoming financially interested in any business that sells or provides, or attempts to sell or provide, products or services
sold or provided directly or indirectly by us, (b)&nbsp;having relationships with companies that we have designated as competitors or potential competitors of our company, (c)&nbsp;directly or indirectly soliciting for employment any person employed
by us during the term of the <FONT STYLE="white-space:nowrap">Non-Competition</FONT> Agreement, or (d)&nbsp;disclosing any confidential information about us. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Finally, it is anticipated that the Second Amended and Restated Bylaws of our company will
be further amended (i)&nbsp;to permit two or more directors to call special meetings of stockholders, (ii)&nbsp;to permit stockholders to fill director vacancies resulting from the removal of directors by stockholders, (iii)&nbsp;to require the
unanimous consent of the Board to increase the size of the Board above eight members, and (iv)&nbsp;to require the unanimous consent of the Board to amend the foregoing bylaw amendments. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The foregoing description of the terms of the Purchase Agreement does not purport to be complete and is subject to, and qualified in its
entirety by, the full text of the Purchase Agreement, a copy of which is attached hereto as Exhibit 99.1 </P> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="10%" VALIGN="top" ALIGN="left"><B>Item&nbsp;9.01.</B></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><B>Financial Statements and Exhibits. </B></P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>Financial Statements of Business Acquired</I>. </P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>Pro Forma Financial Information</I>. </P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>Shell Company Transactions</I>. </P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">Not applicable. </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left"><I>Exhibits.</I> </P></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman; " ALIGN="center">Exhibit<BR>Number</P></TD>
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<TD VALIGN="top" NOWRAP>99.1</TD>
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<TD VALIGN="top"><A HREF="d723512dex991.htm">Put and Call Purchase Agreement, dated as of March&nbsp;15, 2019 between Hampstead Park Capital Management, LLC, Southwest Green Investments, L.L.C. and Stockbridge Enterprises, L.P. </A></TD></TR>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SIGNATURES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top">Date: March&nbsp;15, 2019</TD>
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<TD VALIGN="bottom" COLSPAN="3"><B>QUEST RESOURCE HOLDING CORPORATION</B></TD></TR>
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<TD VALIGN="bottom">By:</TD>
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<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman"><I>/s/ S. Ray Hatch</I></P></TD></TR>
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<TD VALIGN="bottom">S. Ray Hatch</TD></TR>
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<TD VALIGN="bottom">President and Chief Executive Officer</TD></TR>
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<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 99.1 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">EXECUTION VERSION </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>PUT AND CALL
STOCK PURCHASE AGREEMENT </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>AGREEMENT</B> dated as of the 15<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> day of March 2019
by and among <B>HAMPSTEAD PARK CAPITAL MANAGEMENT, LLC</B> and its assigns in accordance with Section&nbsp;7(d) hereof (&#147;<U>Buyer</U>&#148;) and <B>SOUTHWEST GREEN INVESTMENTS, L.L.C.</B> and <B>STOCKBRIDGE ENTERPRISES, L.P.</B> (together
&#147;<U>Seller</U>&#148;). </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>AGREEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>NOW, THEREFORE</B>, in consideration of the mutual obligations set forth in this Agreement, the parties hereto agree as follows: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp;<B>Purchase and Sale of the Shares</B>. Subject to the satisfaction or waiver of the conditions set forth in
Sections 4 and 5 of this Agreement, upon three (3)&nbsp;business days&#146; written notice by Buyer to Seller or Seller to Buyer, as the case may be, given at any time within ten (10)&nbsp;days following a Successful Offering (as defined below),
Seller shall sell and Buyer shall purchase 1,750,000 shares of Common Stock (the &#147;<U>Shares</U>&#148;) of Quest Resource Holding Corporation (the &#147;<U>Company</U>&#148;) for a purchase price (the &#147;<U>Purchase Price</U>&#148;) payable
by wire transfer of immediately available funds equal to $2.00 per Share. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp;<B>Representations and Warranties of
Seller</B>. Seller jointly and severally represents and warrants to Buyer as follows: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;<B>Good Standing</B>.
Seller is a limited liability company or limited partnership, respectively, duly organized, validly existing, and in good standing under the laws of the state of Nevada. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;<B>Title to the Shares</B>. Seller is the direct lawful owner, beneficially and of record, of the Shares, and
Seller holds legal and equitable title to the Shares free and clear of any and all liens, claims, charges, pledges, encumbrances, security interests, voting agreements, equities, options, and restrictions (collectively,
&#147;<U>Encumbrances</U>&#148;) other than those imposed by applicable securities laws. At the Closing (as hereinafter defined), Buyer will acquire good, valid, and marketable title to the Shares, free and clear of all Encumbrances. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(c)&nbsp;&nbsp;&nbsp;&nbsp;<B>Authority and Consent</B>. Seller has all requisite power, legal capacity, and authority to enter into and
perform Seller&#146;s obligations under this Agreement, and no approval or consent of, or filing or registration with, any court, governmental or regulatory agency or authority or other third party is necessary or required to consummate the
transactions contemplated hereby, other than required filings with the Securities and Exchange Commission (&#147;<U>SEC</U>&#148;). All action on the part of Seller necessary for the execution and delivery of this Agreement, and the performance and
consummation of the transactions contemplated hereby, has been taken. Upon execution and delivery by Seller, this Agreement will constitute a valid and binding obligation of Seller enforceable against Seller in accordance with its terms. </P>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(d)&nbsp;&nbsp;&nbsp;&nbsp;<B>No Violation or Breach</B>. The execution and delivery of this
Agreement and the consummation of the transactions contemplated hereby (i)&nbsp;will be in compliance with all applicable agreements to which Seller is a party and that govern the rights and obligations of the Shares, and (ii)&nbsp;will not violate
or result in the breach by Seller of, or constitute a default under, or conflict with, or cause any acceleration of any obligation with respect to any provision or restriction of any material loan, mortgage, lien, agreement, contract, instrument,
order, judgment, award, decree, or any other restriction of any kind or character to which any material assets or properties of Seller is subject or by which Seller is bound. The performance by Seller of its obligations hereunder will be effective
to transfer good title to Buyer of all economic and voting interests in the Shares, free and clear of any liens, claims, pledges, security interests, or other encumbrances. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(e)&nbsp;&nbsp;&nbsp;&nbsp;<B>Reliance on Advisors</B>. Seller, in determining to sell the Shares, (i)&nbsp;understands that Seller may
recognize taxable gain or loss as a result of the sale of the Shares, (ii)&nbsp;has been encouraged to and has had the opportunity to rely upon the advice of Seller&#146;s legal and tax counsel, accountants, and other advisors with respect to the
sale of the Shares, (iii)&nbsp;has relied solely upon the advice of Seller&#146;s legal and tax counsel, accountants, or other financial advisors with respect to the financial, tax, and other considerations relating to the sale of the Shares, and
(iv)&nbsp;understands and acknowledges that any future sale of shares of the Company&#146;s capital stock could be at a premium or discount to the Purchase Price set forth herein, and such sale could occur at any time or not at all. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(f)&nbsp;&nbsp;&nbsp;&nbsp;<B>No Litigation</B>. There is no litigation or governmental or administrative proceeding or investigation pending
with respect to the Shares or, to the actual knowledge of Seller after reasonable inquiry or investigation, threatened against Seller with respect to the Shares, nor, to the knowledge of Seller, has there occurred any event or does there exist any
condition on the basis of which any such claim may be asserted. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(g)&nbsp;&nbsp;&nbsp;&nbsp;<B>No General Solicitation or Advertising</B>.
At no time has Seller presented Buyer or any other party with or solicited Buyer or any other party through any article, notice, or other communication published in any newspaper or other leaflet, public promotional meeting, television, radio or
other broadcast or transmittal advertisement, or any other form of general solicitation or advertising. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(h)&nbsp;&nbsp;&nbsp;&nbsp;<B>Absence of Representations and Warranties</B>. Seller confirms that neither the Company nor anyone purportedly
acting on behalf of the Company has made any representations, warranties, agreements, or statements, express or implied, respecting the Shares or the business, affairs, financial condition, plans, or prospects of the Company nor has Seller relied on
any representations, warranties, agreements, or statements in the belief that they were made on behalf of any of the foregoing nor has Seller relied on the absence of any such representations, warranties, agreements, or statements in reaching
Seller&#146;s decision to sell the Shares. THE COMPANY HAS NOT MADE ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AT LAW OR IN EQUITY, IN RESPECT OF THE SHARES OR THE BUSINESS, AFFAIRS, FINANCIAL CONDITION, PLANS, PROSPECTS, ASSETS,
LIABILITIES, OR OPERATIONS OF THE COMPANY, AND SELLER EXPRESSLY DISCLAIMS ANY SUCH REPRESENTATIONS OR WARRANTIES. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B>(i)</B>&nbsp;&nbsp;&nbsp;&nbsp;<B>Full Disclosure</B>. To the actual knowledge of Seller
after reasonable inquiry or investigation, no Form <FONT STYLE="white-space:nowrap">10-K,</FONT> Form <FONT STYLE="white-space:nowrap">10-Q,</FONT> Form <FONT STYLE="white-space:nowrap">8-K</FONT> or Registration Statement <FONT
STYLE="white-space:nowrap">No.&nbsp;333-227800</FONT> and any prospectus supplement thereto (the &#147;<U>Registration Statement</U>&#148;) filed by the Company with the SEC contains any untrue statement of a material fact or omits to state a
material fact necessary in order to make the statements therein not misleading unless corrected in a later filing prior to the date hereof. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(j)&nbsp;&nbsp;&nbsp;&nbsp;<B>Brokers</B>. Other than Roth Capital Partners with respect to sales under the Registration Statement, no broker,
finder, or investment banker is entitled to any brokerage, finder&#146;s, or other fee or commission in connection with the transactions contemplated by this Agreement based upon arrangements made by or on behalf of Seller. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(k)&nbsp;&nbsp;&nbsp;&nbsp;<B>No Company Representations</B>. Except as set forth in Section&nbsp;2(i), Seller is not making any
representations or warranties to Buyer in relation to or on behalf of the Company. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">3.&nbsp;&nbsp;&nbsp;&nbsp;<B>Representations and
Warranties of Buyer</B>. Buyer hereby represents and warrants to Seller as follows: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;<B>Good Standing</B>.
Buyer is a limited liability company duly organized, validly existing, and in good standing under the laws of the state of Delaware. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;<B>Authority and Consent</B>. Buyer has the right, power, legal capacity, and authority to enter into and perform
Buyer&#146;s obligations under this Agreement, and no approval or consent of any governmental or regulatory authority or other person is necessary in connection herewith. All action on the part of Buyer necessary for the execution and delivery of
this Agreement, and the performance and consummation of the transactions contemplated hereby, has been taken. Upon execution and delivery by Buyer, this Agreement will constitute a valid and binding obligation of Buyer enforceable against buyer in
accordance with its terms. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"><B></B>(c)<B>&nbsp;&nbsp;&nbsp;&nbsp;No Violation or Breach</B>. The execution and delivery of this Agreement
and the consummation of the transactions contemplated hereby will not violate or result in the breach by Buyer of, or constitute a default under, or conflict with, or cause any acceleration of any obligation with respect to any provision or
restriction of any material loan, mortgage, lien, agreement, contract, instrument, order, judgment, award, decree, or any other restriction of any kind or character to which any material assets or properties of Buyer is subject or by which Buyer is
bound. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(d)&nbsp;&nbsp;&nbsp;&nbsp;<B>Status of Seller</B>. Buyer understands and acknowledges that
(i)&nbsp;Seller is affiliated with and controlled by the Chairman of the Board and the largest beneficial stockholder of the Company, (ii)&nbsp;Seller may possess material <FONT STYLE="white-space:nowrap">non-public</FONT> information
(&#147;<U>Seller Excluded Information</U>&#148;) regarding the Shares and the Company that may not have been provided to Buyer; (iii)&nbsp;Seller Excluded Information may be indicative of a value of the Shares that is substantially less than the
Purchase Price or otherwise adverse to Buyer&#146;s interest, and, therefore, such Seller Excluded Information might be material to Buyer&#146;s decision to purchase the Shares; (iv)&nbsp;there is a potential disadvantage to which Buyer is subject
on account of a possible disparity of information as between Buyer and Seller; and (v)&nbsp;Buyer has determined to purchase the Shares based on Buyer&#146;s own investigation of the Company and the advice of Buyer&#146;s advisors recognizing the
unequal knowledge position of Buyer and Seller. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(e)&nbsp;&nbsp;&nbsp;&nbsp;<B>Purchase Entirely for Own Account</B>. Buyer is acquiring
the Shares for its own account only and not with a view to, or for resale in connection with, any &#147;distribution&#148; of the Shares within the meaning of the Securities Act of 1933, as amended (the &#147;<U>Securities Act</U>&#148;), and Buyer
has no contract, undertaking, or arrangement to sell or transfer the Shares to another person. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(f)&nbsp;&nbsp;&nbsp;&nbsp;<B>Reliance on
Advisors</B>. Buyer, in determining to purchase the Shares, (i)&nbsp;has been encouraged to and has had the opportunity to rely upon the advice of Buyer&#146;s legal and tax counsel, accountants, and other advisors with respect to the purchase of
the Shares, (ii)&nbsp;has relied solely upon the advice of Buyer&#146;s legal and tax counsel, accountants, or other financial advisors with respect to the financial, tax, and other considerations relating to the purchase of the Shares, and
(iii)&nbsp;understands and acknowledges that any future sale of shares of the Company&#146;s capital stock could be at a premium or discount to the Purchase Price set forth herein, and such sale could occur at any time or not at all. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(g)&nbsp;&nbsp;&nbsp;&nbsp;<B>Absence of Representations and Warranties</B>. Except as set forth in Section&nbsp;2(i), Buyer confirms that
neither the Company nor anyone purportedly acting on behalf of the Company has made any representations, warranties, agreements, or statements, express or implied, respecting the Shares or the business, affairs, financial condition, plans, or
prospects of the Company nor has Buyer relied on any representations, warranties, agreements, or statements in the belief that they were made on behalf of any of the foregoing nor has Buyer relied on the absence of any such representations,
warranties, agreements, or statements in reaching Buyer&#146;s decision to purchase the Shares. THE COMPANY HAS NOT MADE ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AT LAW OR IN EQUITY, IN RESPECT OF THE SHARES OR THE BUSINESS, AFFAIRS,
FINANCIAL CONDITION, PLANS, PROSPECTS, ASSETS, LIABILITIES, OR OPERATIONS OF THE COMPANY, AND BUYER EXPRESSLY DISCLAIMS ANY SUCH REPRESENTATIONS OR WARRANTIES. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(h)&nbsp;&nbsp;&nbsp;&nbsp;<B>No Company Representations</B>. Buyer is not making any representations or warranties to Seller in relation to
or on behalf of the Company. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">4 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(i)&nbsp;&nbsp;&nbsp;&nbsp;<B>Shares to be Restricted</B>. Buyer understands that the Shares
are &#147;restricted securities&#148; within the meaning of Rule 144 under the Securities Act. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(j)&nbsp;&nbsp;&nbsp;&nbsp;<B>No
Registration</B>. Buyer acknowledges that the Shares have not been registered under the Securities Act or the securities laws of any state, and the Shares cannot be resold unless the shares are registered for resale or an exemption from registration
is available. Buyer acknowledges that the Company has no obligation to register or qualify the Shares for resale, and the Company does not intend to register any such Shares either under the Securities Act or any state securities laws. Buyer further
acknowledges that if an exemption from registration or qualification is available, it may be conditioned on various requirements, including the time and manner of sale, the holding period for the Shares, and requirements relating to the Company that
are outside of such Buyer&#146;s control, and which the Company is under no obligation and may not be able to satisfy. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(k)&nbsp;&nbsp;&nbsp;&nbsp;<B>Legends</B>. Buyer acknowledges that the certificate or certificates evidencing the Shares will bear a
restrictive legend (i)&nbsp;stating that the Shares may not be sold, transferred, hypothecated, or otherwise distributed in the absence of an effective registration under the Securities Act and any applicable state securities laws or the receipt of
an opinion of counsel that is satisfactory to the Company that such registration is not required, and (ii)&nbsp;as required by the securities laws of any state to the extent such laws are applicable to the shares represented by the certificate so
legended. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(l)&nbsp;&nbsp;&nbsp;&nbsp;<B>No General Solicitation or Advertising</B>. The offer to sell the Shares was communicated
directly to Buyer by Seller or Seller&#146;s agent. At no time was Buyer presented with or solicited by or through any article, notice or other communication published in any newspaper or other leaflet, public promotional meeting, television, radio
or other broadcast or transmittal advertisement or any other form of general solicitation or advertising. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(m)&nbsp;&nbsp;&nbsp;&nbsp;<B>Accredited Investor</B>. Buyer is an Accredited Investor as defined in Rule&nbsp;501(a) of Regulation D
promulgated under the Securities Act. Buyer (i)&nbsp;can bear the economic risk of the purchase of the Shares, including the complete loss of Buyer&#146;s investment, and (ii)&nbsp;has sufficient knowledge and experience in business and financial
matters as to be capable of evaluating the merits and risks of Buyer&#146;s purchase of the Shares. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(n)&nbsp;&nbsp;&nbsp;&nbsp;<B>Brokers</B>. Other than Roth Capital Partners with respect to sales under the Registration Statement, no broker,
finder, or investment banker is entitled to any brokerage, finder&#146;s or other fee or commission in connection with the transaction contemplated by this Agreement based upon arrangements made by or on behalf of Buyer. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">4.&nbsp;&nbsp;&nbsp;&nbsp;<B>Conditions Precedent to Buyer&#146;s Performance</B>. The obligations of Buyer under this Agreement are subject
to the satisfaction or waiver, at or before the Closing, of all the conditions set out below in this <U>Section</U><U></U><U>&nbsp;4</U>. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">5 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;<B>Accuracy of Seller&#146;s Representations and Warranties</B>.
All representations and warranties by Seller in this Agreement, or in any written statement that shall be delivered to Buyer by Seller pursuant to this Agreement, shall be true on and as of the Closing Date (as hereinafter defined) as though such
representations and warranties were made on and as of that date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;<B>Performance by Seller</B>. Seller shall
have performed, satisfied, and complied with all covenants, agreements, and conditions required by this Agreement to be performed or complied with by Seller on or before the Closing Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(c)&nbsp;&nbsp;&nbsp;&nbsp;<B>Completion of Successful Offering</B>. There shall have been sold under the Registration Statement a minimum of
1,950,000 shares of the Company&#146;s Common Stock held by Seller or one or more of its Affiliates (as defined below) and 1,500,000 shares held by other stockholders unless Seller or such other stockholders determine to sell a lower number of
shares (the &#147;<U>Successful Offering</U>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(d)&nbsp;&nbsp;&nbsp;&nbsp;<B>No Material Adverse Change</B>. There shall not have
occurred a material adverse change in the condition of the Company, and the Company shall have conducted its business in the ordinary course, in each case between the date of this Agreement and the Closing Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(e)&nbsp;&nbsp;&nbsp;&nbsp;<B><FONT STYLE="white-space:nowrap">Non-Competition</FONT> Agreement</B>. On or prior to Closing, each of the
Voting Stockholders (as defined below) shall have entered into a <FONT STYLE="white-space:nowrap">non-competition</FONT> agreement <FONT STYLE="white-space:nowrap">(&#147;Non-Competition</FONT> Agreement&#148;) with the Company in substantially the
same form furnished to Buyer prior to the date hereof. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(f)&nbsp;&nbsp;&nbsp;&nbsp;<B>Voting Agreement</B>. Mitchell A. Saltz, Jeffrey D.
Forte, and Brian S. Dick and each of their respective Affiliates (collectively, the &#147;<U>Voting Stockholders</U>&#148;) shall have entered into a voting agreement (the &#147;<U>Voting Agreement</U>&#148;) in substantially the same form furnished
to Buyer prior to the date hereof, agreeing to vote all shares of the Company&#146;s Common Stock beneficially owned by them at each meeting of the stockholders of the Company or any action taken by written consent during the period commencing on
the Closing Date and ending three (3)&nbsp;years thereafter: (i)&nbsp;in favor of the directors nominated and recommended by the Company&#146;s Board of Directors (the &#147;<U>Board</U>&#148;), including two (2)&nbsp;designees of Buyer, provided
that a majority of the Board must be &#147;independent&#148; within the meaning of the rules of Nasdaq, (ii)&nbsp;against any stockholder nomination or proposal not approved or recommended by the Board and (iii)&nbsp;in accordance with the
recommendations by the Board on all other proposals of the Board set forth in the Company&#146;s proxy statements; <I>provided, </I>that (x)&nbsp;if both Institutional Shareholders Services Inc. and Glass Lewis&nbsp;&amp; Co., LLC recommend a vote
in opposition to the Board&#146;s recommendation (other than with respect to the election of directors or an Extraordinary Matter (as defined below)), or (y)&nbsp;a proposal relates to an Extraordinary Matter, the Voting Stockholders shall be free
to vote their shares freely so long as no Voting Stockholder publicly discloses such vote; and <I>provided, further </I>that if any of the Board Conditions (as defined below) </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">6 </P>

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are not satisfied at any time during the term of the Voting Agreement, the Voting Stockholders shall vote all shares of the Company&#146;s Common Stock beneficially owned by them at each meeting
of the stockholders of the Company or any action taken by written consent: (1)&nbsp;for up to a maximum of three (3)&nbsp;additional directors proposed by Buyer in addition to the two (2)&nbsp;then serving as Buyer&#146;s designees and (2)&nbsp;if
proposed by Buyer, the removal of up to a maximum of three (3)&nbsp;directors who are not designees of Buyer, so that Buyer will have a maximum of five (5)&nbsp;designees on the Board. For purposes of this Agreement, &#147;<U>Extraordinary
Matter</U>&#148; shall be defined as any merger, <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">stock-for-stock</FONT></FONT> transaction, or other event resulting in the Company&#146;s stockholders retaining less than 50% of the
equity interests and voting power of the surviving entity&#146;s then outstanding equity securities; any recapitalization or restructuring; any <FONT STYLE="white-space:nowrap">spin-off</FONT> or sale or transfer of all or substantially all of the
Company&#146;s assets in one or a series of transactions; or any other business combination of the Company that requires a stockholder vote. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(g)&nbsp;&nbsp;&nbsp;&nbsp;<B>Company Report</B>. On or prior to Closing, the Company shall file a Current Report on Form <FONT
STYLE="white-space:nowrap">8-K</FONT> in substantially the same form previewed with Buyer prior to the date hereof, announcing that, in view of the substantial ownership position of Buyer, the strategic alignment between the Company and Buyer, and
the substantial reduction in the Share ownership by Seller and others: (i)&nbsp;Mitchell A. Saltz and Jeffrey D. Forte shall resign from the Board, effective as of the Closing; (ii)&nbsp;Dan Friedberg (&#147;<U>DF</U>&#148;) and a second person
designated by the Buyer (the &#147;<U>Second Designee</U>&#148;) shall be elected or appointed as members of the Board, effective as of the Closing; (iii)&nbsp;DF will be appointed as the Chairman of the Board and Chairman of the Nominations and
Corporate Governance Committee of the Board, effective as of the Closing; (iv)&nbsp;the Board anticipates reducing the size of the Board to eight (8)&nbsp;members by or immediately following the 2019 annual meeting of stockholders of the Company;
and (v)&nbsp;the Board shall amended its Second Amended and Restated Bylaws, effective as of the Closing, to: (1)&nbsp;permit two or more directors to call special meetings of stockholders, (2)&nbsp;permit stockholders to fill director vacancies
resulting from the removal of directors by stockholders, (3)&nbsp;require the unanimous consent of the Board to increase the size of the Board above eight (8)&nbsp;members, and (4)&nbsp;require the unanimous consent of the Board to amend the
foregoing bylaw amendments. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">5.&nbsp;&nbsp;&nbsp;&nbsp;<B>Conditions Precedent to Seller&#146;s Performance</B>. The obligations of Seller
under this Agreement are subject to the satisfaction or waiver, at or before the Closing, of all the following conditions. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;<B>Accuracy of Buyer&#146;s Representations and Warranties</B>. All representations and warranties of Buyer
contained in this Agreement or in any written statement delivered by Buyer pursuant to this Agreement shall be true on and as of the Closing Date as though such representations and warranties were made on and as of that date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;<B>Performance by Buyer</B>. Buyer shall have performed, satisfied, and complied with all covenants, agreements,
and conditions required by this Agreement to be performed or complied with by Buyer on or before the Closing Date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">7 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(c)&nbsp;&nbsp;&nbsp;&nbsp;<B>Completion of Successful Offering</B>. There shall have
occurred a Successful Offering. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">6.&nbsp;&nbsp;&nbsp;&nbsp;<B>Closing</B>. The closing of the transactions contemplated by this Agreement
(the &#147;<U>Closing</U>&#148;) shall take place via the electronic exchange of documents as specified in paragraph&nbsp;1 above, or at such other time, place, and manner as the parties may agree to in writing. The date of the Closing is herein
called the &#147;<U>Closing Date.</U>&#148; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;<B>Obligations of Seller</B>. At the Closing, Seller shall deliver
to the Company&#146;s transfer agent a certificate or certificates evidencing sufficient shares of the Company&#146;s Common Stock to permit the Company to transfer to Buyer a certificate evidencing the Shares, such certificate from Seller to be
validly endorsed by Seller in blank or with a duly executed stock power attached. Seller shall instruct the Company&#146;s transfer agent to issue a certificate for the Shares in the name of Buyer and to deliver such certificates to Buyer. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;<B>Obligations of Buyer</B>. At the Closing, Buyer shall deliver to Seller the Purchase Price by wire transfer to
an account designated by Seller. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(c)&nbsp;&nbsp;&nbsp;&nbsp;<B>Transfer of Rights</B>. From and after the Closing, Seller&#146;s rights
as a stockholder in the Company with respect to the Shares, including, without limitation, the right to vote or receive cash or stock dividends or any distribution with respect to such Shares, will cease and Buyer shall be deemed to be the record
and beneficial owner of the Shares. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">7.&nbsp;&nbsp;&nbsp;&nbsp;<B>Miscellaneous</B>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;<B>Board Matters</B>. During the term of the Voting Agreement, the following conditions shall be satisfied at all
times: (i)&nbsp;Mitchell A. Saltz and Jeffrey D. Forte shall not be members of the Board or any committees thereof; (ii)&nbsp;Dan Friedberg (&#147;<U>DF</U>&#148;) and a second person designated by the Buyer (the &#147;<U>Second Designee</U>&#148;)
shall be elected or appointed as members of the Board, commencing as of the Closing; (iii)&nbsp;if DF or the Second Designee do not serve for any reason during the term of the Voting Agreement, Buyer shall have the right to designate a replacement
director(s) to the Board and such replacement director(s) shall be promptly appointed to the Board, provided any such replacement director shall be &#147;independent&#148; for Nasdaq purposes and qualified to serve; (iv)&nbsp;DF shall serve as
Chairman of the Board, provided he is willing and able to serve in such capacity; and (v)&nbsp;DF shall serve as Chairman of the Company&#146;s Nominations and Corporate Governance Committee, provided he is willing and able to serve in such capacity
(collectively, the &#147;<U>Board Conditions</U>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;<B>Further Assurances</B>. Each of the parties hereto
shall execute and deliver any and all such other instruments, documents, and agreements and take all such actions as either party may reasonably request from time to time in order to effectuate the purposes of this Agreement. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">8 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(c)&nbsp;&nbsp;&nbsp;&nbsp;<B>Controlling Law</B>. This Agreement shall be governed by and
construed in accordance with the laws of the state of Nevada without application of the conflict of laws principles thereof. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(d)&nbsp;&nbsp;&nbsp;&nbsp;<B>Binding Nature of Agreement; No Assignment</B>. This Agreement shall be binding upon and inure to the benefit of
the parties hereto and its respective successors and assigns, except that no party may assign or transfer its rights or obligations under this Agreement without the prior consent of the other party hereto. Notwithstanding the foregoing, Buyer shall
have the option, exercisable by giving written notice to Seller prior to the Closing, of assigning its rights under this Agreement to one or more affiliates of Buyer formed for the sole purpose of acquiring the Shares; provided, that Buyer shall not
be released in any way from, and shall remain responsible for, its obligations under this Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(e)&nbsp;&nbsp;&nbsp;&nbsp;<B>Entire
Agreement</B>. Except for the <FONT STYLE="white-space:nowrap">Non-Competition</FONT> Agreements and Voting Agreements, this Agreement contains the entire understanding between the parties hereto with respect to the purchase and sale of the Shares,
and supersedes all prior and contemporaneous agreements and understandings, inducements, or conditions, express or implied, oral or written, between the parties hereto, with respect to the purchase and sale of the Shares. Except as otherwise
expressly provided herein, this Agreement may not be modified or amended other than by an agreement executed in writing by the parties hereto. In the event that any provision of this Agreement becomes or is declared by a court of competent
jurisdiction to be illegal, unenforceable, or void, this Agreement shall continue in full force and effect without said provision. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(f)&nbsp;&nbsp;&nbsp;&nbsp;<B>Indemnification by Seller. </B>Seller shall jointly and severally indemnify, defend and hold harmless Buyer from
and against any and all damages, claims, losses, expenses, costs, obligations and liabilities (including, without limitation, reasonable attorneys&#146; fees and expenses and court costs) suffered by Buyer and resulting from or arising in connection
with any false or incorrect representation or warranty made by Seller herein, or the breach by Seller of any of its covenants or agreements hereunder. The obligations of Seller under this clause (e)&nbsp;shall survive any termination of this
Agreement. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">9 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(g)&nbsp;&nbsp;&nbsp;&nbsp;<B>Notices</B>. All notices, requests, demands, and other
communications required or permitted under this Agreement shall be in writing and shall be deemed to have been duly given, made, and received when delivered against receipt, when sent by email or facsimile, or five (5)&nbsp;days after deposit in the
United States mails, first class postage prepaid, addressed as set forth below: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">If to Buyer: </P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; font-size:10pt; font-family:Times New Roman">Hampstead Park Capital Management </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:10pt; font-family:Times New Roman">20 Ballwood Road </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:10pt; font-family:Times New Roman">Old
Greenwich, CT 06870 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:10pt; font-family:Times New Roman">Attention: Dan Friedberg </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:10pt; font-family:Times New Roman">Email:&nbsp;&nbsp;friedberg@hampsteadparkcapital.com </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left">(ii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">If to Seller: </P></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; font-size:10pt; font-family:Times New Roman">7377 E. Doubletree Ranch Road, Suite 200 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:10pt; font-family:Times New Roman">Scottsdale, Arizona 85250 </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:10pt; font-family:Times New Roman">Attention: Mitchell Saltz </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:10pt; font-family:Times New Roman">Email:&nbsp;&nbsp;<U>mas917@gmail.com</U> </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:Times New Roman">With a copy in either case as follows: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; font-size:10pt; font-family:Times New Roman">Quest Resource Holding Corporation </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:10pt; font-family:Times New Roman">3481 Plano Parkway </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:10pt; font-family:Times New Roman">The Colony,
Texas 75056 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:10pt; font-family:Times New Roman">Attention: Laurie L. Latham </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:10pt; font-family:Times New Roman">Email: <U>lauriel@questrmg.com</U> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Any party may alter the address to which communications or copies are to be sent by giving notice of such change of address in conformity with
the provisions of this paragraph for the giving of notice. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(h)&nbsp;&nbsp;&nbsp;&nbsp;<B>Survival of Representations and Warranties</B>.
All representations and warranties made or undertaken by each party in this Agreement shall survive the Closing Date for a period of twenty-four (24)&nbsp;months. The covenants and agreements of the parties hereto contained herein shall survive in
accordance with their respective terms, and this Section&nbsp;7(h) shall not limit any covenant or agreement of the parties that contemplates performance after the Closing. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(i)&nbsp;&nbsp;&nbsp;&nbsp;<B>Counterparts</B>. This Agreement may be executed in any number of counterparts, which shall, collectively,
constitute one agreement, and may be executed by facsimile or email pdf transmission of an executed counterpart of or signature page to this Agreement and any facsimile, email pdf, or photocopy of an executed counterpart of or signature page to this
Agreement shall be given the same effect as the original. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>[Remainder of Page Intentionally Left Blank] </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">10 </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>IN WITNESS WHEREOF</B>, Seller and Buyer have executed and delivered this Agreement as of
the day and year first above written. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


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<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="87%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" COLSPAN="3"><B>BUYER:</B></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" COLSPAN="3"><B>HAMPSTEAD PARK CAPITAL MANAGEMENT, LLC</B></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">By:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Daniel Friedberg</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">Daniel Friedberg</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">Chief Executive Officer</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"><B>SELLER:</B></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" COLSPAN="3"><B>SOUTHWEST GREEN INVESTMENTS, L.L.C.</B></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">By:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Mitchell A. Saltz</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">Mitchell A. Saltz</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">Manager</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" COLSPAN="3"><B>STOCKBRIDGE ENTERPRISES, L.P.</B></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">By:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">Stockbridge Management Group, L.L.C.</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Its:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">General Partner</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">By:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Mitchell A. Saltz</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Name:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">Mitchell A. Saltz</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title:</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-bottom:1pt; margin-top:0pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">Manager</P></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><I>[Signature Page to Put and Call Stock Purchase Agreement] </I></P>
</DIV></Center>

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