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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">As filed with the Securities and Exchange Commission on August&nbsp;20, 2007
</DIV>


<DIV align="right" style="font-size: 10pt; margin-top: 12pt">Registration No.&nbsp;333-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</DIV>


<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM S-8</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>REGISTRATION STATEMENT<BR>
UNDER<BR>
THE SECURITIES ACT OF 1933</B>
</DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>EXTERRAN HOLDINGS, INC.</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Exact name of Registrant as specified in its charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
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<TR valign="bottom">
    <TD align="center" valign="top"><B>Delaware</B><BR>
(State or other jurisdiction of <BR>
incorporation or organization)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>74-3204509</B><BR>
(I.R.S. Employer<BR>
Identification No.)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>4444 Brittmoore<BR>
Houston, Texas 77041</B><BR>
(Address, Including Zip Code, and Telephone Number, Including Area Code of Registrant&#146;s Principal Executive Offices)
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 18pt"><B>Exterran Holdings, Inc. 2007 Stock Incentive Plan<BR>
Exterran Holdings, Inc. Employee Stock Purchase Plan<BR>
Exterran Holdings, Inc. Directors&#146; Stock and Deferral Plan</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Full title of the plan)</DIV>



<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Donald C. Wayne<BR>
Vice President, General Counsel and Secretary<BR>
Exterran Holdings, Inc.<BR>
4444 Brittmoore<BR>
Houston, Texas 77041<BR>
(713)&nbsp;335-7000</B><BR>
(Name, address and telephone number, including area code, of agent for service)
</DIV>



<DIV align="center">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>



<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>CALCULATION OF REGISTRATION FEE</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="54%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD><!-- VRule -->
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD><!-- VRule -->
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD><!-- VRule -->
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD><!-- VRule -->
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>
</TR><TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="23" style="border-bottom: 3px double #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Proposed</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Proposed</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Maximum</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Maximum</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Offering</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Aggregate</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Amount of</B></TD>
    <TD>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="center"><B>Title of Securities</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Amount to be</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Price</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Offering</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Registration</B></TD>
    <TD>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="center"><B>to be Registered</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Registered (1)</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Per Share(2)</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Price(2)</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Fee</B></TD>
    <TD>&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>

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<TR valign="bottom">
    <TD width="1%" style="border-top: 1px solid #000000">&nbsp;</TD>
                    <TD style="border-top: 1px solid #000000"><DIV style="margin-left:15px; text-indent:-15px">Common Stock, par value $0.01 per share</DIV></TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="center" colspan="2" style="border-top: 1px solid #000000">5,500,000</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="center" colspan="2" style="border-top: 1px solid #000000">$71.19</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="center" colspan="2" style="border-top: 1px solid #000000">$391,545,000</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="center" colspan="2" style="border-top: 1px solid #000000">$12,021</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD width="1%" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="23" style="border-top: 3px double #000000">&nbsp;</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 8pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>This Registration Statement (the &#147;Registration Statement&#148;) registers the issuance of an
aggregate of 5,500,000 shares of the common stock of Exterran Holdings, Inc., par value $0.01
per share, which amount includes (a)&nbsp;4,750,000 shares issuable pursuant to the Exterran
Holdings, Inc. 2007 Stock Incentive Plan, (b)&nbsp;650,000 shares issuable pursuant to the Exterran
Holdings, Inc. Employee Stock Purchase Plan and (c)&nbsp;100,000 shares issuable pursuant to the
Exterran Holdings, Inc. Directors&#146; Stock and Deferral Plan (collectively, the &#147;Plans&#148;).
Pursuant to Rule&nbsp;416 of the Securities Act of 1933, this Registration Statement shall also
cover such indeterminate number of additional shares as may become issuable under the Plans as
a result of the antidilution provisions thereof.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 8pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(2)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Estimated solely for the purposes of determining the amount of the registration fee, in
accordance with Rule 457(c) and 457(h) under the Securities Act of 1933, on the basis of the
high and low prices of Universal Compression Holdings, Inc.&#146;s common stock on the New York
Stock Exchange on August&nbsp;16, 2007. The price of Universal Compression Holdings, Inc.&#146;s
common stock has been used for these purposes because shares of Universal Compression
Holdings, Inc. common stock are being converted into shares of Exterran Holdings, Inc. common
stock on a one-for-one basis pursuant to the Agreement and Plan of Merger, dated as of
February&nbsp;5, 2007, as amended on June&nbsp;25, 2007, among Exterran Holdings, Inc., Hanover
Compressor Company, Universal Compression Holdings, Inc., Hector Sub, Inc. and Ulysses Sub,
Inc.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>





<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<P><HR noshade><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<!-- TOC -->
<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

<P><CENTER>
<TABLE border="0" width="90%" cellpadding="0" cellspacing="0">
<TR>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="76%"></TD>
</TR>
<TR><TD colspan="9"><A HREF="#000">PART I</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001">INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</A></TD></TR>
<TR><TD colspan="9"><A HREF="#002">PART II</A></TD></TR>
<TR><TD colspan="9"><A HREF="#003">INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#004">Item&nbsp;3. Incorporation of Documents by Reference.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#005">Item&nbsp;4. Description of Securities.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#006">Item&nbsp;5. Interests of Named Experts and Counsel.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#007">Item&nbsp;6. Indemnification of Directors and Officers.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#008">Item&nbsp;7. Exemption from Registration Claimed.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#009">Item&nbsp;8. Exhibits.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#010">Item&nbsp;9. Undertakings.</A></TD></TR>
<TR><TD colspan="9"><A HREF="#011">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="#012">INDEX TO EXHIBITS</A></TD></TR>
<TR><TD colspan="9"><A HREF="h49309exv4w3.htm">2007 Stock Incentive Plan</A></TD></TR>
<TR><TD colspan="9"><A HREF="h49309exv4w4.htm">Employee Stock Purchase Plan</A></TD></TR>
<TR><TD colspan="9"><A HREF="h49309exv4w5.htm">Directors' Stock and Deferral Plan</A></TD></TR>
<TR><TD colspan="9"><A HREF="h49309exv5w1.htm">Opinion of Baker Botts L.L.P.</A></TD></TR>
<TR><TD colspan="9"><A HREF="h49309exv23w1.htm">Consent of PricewaterhouseCoopers LLP</A></TD></TR>
<TR><TD colspan="9"><A HREF="h49309exv23w2.htm">Consent of Deloitte & Touche LLP</A></TD></TR>
<TR><TD colspan="9"><A HREF="h49309exv23w3.htm">Consent of Ernst & Young LLP</A></TD></TR>
<TR><TD colspan="9"><A HREF="h49309exv24w1.htm">Powers of Attorney</A></TD></TR>
</TABLE>
</CENTER>
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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>






<!-- link1 "PART I" -->
<DIV align="left"><A NAME="000"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART I</B>
</DIV>

<!-- link1 "INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS" -->
<DIV align="left"><A NAME="001"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The document(s) containing information required in Part&nbsp;I of this Registration Statement will
be provided to each participant in the Plans, as specified by Rule&nbsp;428(b)(1) promulgated by the
Securities and Exchange Commission (the &#147;Commission&#148;) under the Securities Act. Such document(s)
are not being filed with the Commission but constitute (together with the documents incorporated by
reference in this Registration Statement pursuant to Item&nbsp;3 of Part&nbsp;II hereof) a prospectus that
meets the requirements of Section 10(a) of the Securities Act.
</DIV>
<!-- link1 "PART II" -->
<DIV align="left"><A NAME="002"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART II</B>
</DIV>

<!-- link1 "INFORMATION REQUIRED IN THE REGISTRATION STATEMENT" -->
<DIV align="left"><A NAME="003"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>
</DIV>

<!-- link2 "Item&nbsp;3. Incorporation of Documents by Reference." -->
<DIV align="left"><A NAME="004"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;3. Incorporation of Documents by Reference.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents filed with the Commission by Exterran Holdings, Inc. (&#147;Exterran&#148;),
Hanover Compressor Company (&#147;Hanover&#148;) and Universal Compression Holdings, Inc. (&#147;Universal&#148;)
pursuant to the Securities Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;), are hereby
incorporated in this Registration Statement by reference and shall be deemed to be a part hereof:
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="40%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="50%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">

<TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Exterran
Filings (File No. 001-33666)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Period</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top">Current Report on Form&nbsp;8-K
</TD>
    <TD>&nbsp;</TD>

<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Filed August&nbsp;20, 2007 (the description
of our common stock is contained
in this filing, which is also the
filing pursuant to which our
common stock is deemed registered
under Section&nbsp;12(b) of the
Exchange Act)</DIV></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="40%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="50%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Hanover Filings (File No. 001-13071)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Period</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top">Annual Report on Form&nbsp;10-K/A (Amendment No.&nbsp;1),
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">filed April&nbsp;30, 2007
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Fiscal Year ended December&nbsp;31, 2006</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">Annual Report on Form&nbsp;10-K, filed February&nbsp;28, 2007
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Fiscal Year ended December&nbsp;31, 2006</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">Quarterly Report on Form&nbsp;10-Q, filed May&nbsp;2, 2007
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Quarter ended March&nbsp;31, 2007</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">Quarterly Report on Form&nbsp;10-Q, filed August&nbsp;1, 2007
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Quarter ended June&nbsp;30, 2007</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">Current Reports on Form&nbsp;8-K
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Filed January&nbsp;8, 2007, February&nbsp;5,
2007 (other than Item&nbsp;2.02
thereof), March&nbsp;2, 2007, March&nbsp;21,
2007, March&nbsp;28, 2007, May&nbsp;14,
2007; June&nbsp;4, 2007; June&nbsp;25, 2007;
July&nbsp;5, 2007; July&nbsp;19, 2007 and
August&nbsp;6, 2007</DIV></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="40%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="50%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Universal Filings (File No. 001-15843)</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Period</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top">Annual Report on Form&nbsp;10-K/A (Amendment No.&nbsp;1),
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">filed April&nbsp;30, 2007
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Fiscal Year ended December&nbsp;31, 2006</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">Annual Report on Form&nbsp;10-K, filed March&nbsp;1, 2007
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Fiscal Year ended December&nbsp;31, 2006</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">Quarterly Report on Form&nbsp;10-Q, filed May&nbsp;9, 2007
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Quarter ended March&nbsp;31, 2007</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">Quarterly Report on Form&nbsp;10-Q, filed August&nbsp;1, 2007
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Quarter ended June&nbsp;30, 2007</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">Current Reports on Form&nbsp;8-K
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Filed February&nbsp;5, 2007 (other than
Item&nbsp;2.02 thereof); February&nbsp;27,
2007; March&nbsp;28, 2007; April&nbsp;18,
2007; May&nbsp;11, 2007; May&nbsp;30, 2007
(other than Item&nbsp;7.01 thereof,
including Exhibit&nbsp;99.1); June&nbsp;18,
2007; June&nbsp;25, 2007; July&nbsp;5, 2007;
July&nbsp;6, 2007; July&nbsp;11, 2007 (other
than Item&nbsp;7.01 thereof, including
Exhibit&nbsp;99.1); July&nbsp;19, 2007 and
August&nbsp;3, 2007.</DIV></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->II-2<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents filed with the Commission by the Registrant pursuant to sections 13(a), 13(c),
14 or 15(d) of the Exchange Act subsequent to the date hereof and prior to the filing of a
post-effective amendment to this Registration Statement indicating that all securities offered
hereby have been sold, or deregistering all securities then remaining unsold, shall be deemed to be
incorporated by reference herein and to be a part hereof from the date of filing of such documents.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any statement contained or incorporated by reference herein shall be deemed to be modified or
superseded for purposes of this Registration Statement to the extent that a statement contained
herein or in any subsequently filed document that also is or is deemed to be incorporated by
reference herein modifies or supersedes such statement. Any statement so modified or superseded
shall not be deemed to constitute a part of this Registration Statement, except as so modified or
superseded.
</DIV>
<!-- link2 "Item&nbsp;4. Description of Securities." -->
<DIV align="left"><A NAME="005"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;4. Description of Securities.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</DIV>
<!-- link2 "Item&nbsp;5. Interests of Named Experts and Counsel." -->
<DIV align="left"><A NAME="006"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;5. Interests of Named Experts and Counsel.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</DIV>
<!-- link2 "Item&nbsp;6. Indemnification of Directors and Officers." -->
<DIV align="left"><A NAME="007"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;6. Indemnification of Directors and Officers.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;<B><I>Delaware General Corporation Law</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;102(b)(7) of the DGCL permits a corporation to provide in its certificate of
incorporation that a director of the corporation shall not be personally liable to the corporation
or its shareholders for monetary damages for breach of fiduciary duty as a director, except for
liability for any of the following:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any breach of the director&#146;s duty of loyalty to the corporation or its
stockholders,</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>acts or omissions not in good faith or which involve intentional misconduct or a
knowing violation of law,</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>under Section&nbsp;174 of the DGCL, or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any transaction from which the director derived an improper personal benefit.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under Section&nbsp;145 of the DGCL, a corporation may indemnify any individual made a party or
threatened to be made a party to any type of proceeding, other than an action by or in the right of
the corporation, because he or she is or was an officer, director, employee or agent of the
corporation or was serving at the request of the corporation as an officer, director, employee or
agent of another corporation or entity against expenses, judgments, fines and amounts paid in
settlement actually and reasonably incurred in connection with such proceeding: (1)&nbsp;if he or she
acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the
best interests of the corporation; or (2)&nbsp;in the case of a criminal proceeding, he or she had no
reasonable cause to believe that his or her conduct was unlawful. A corporation may indemnify any
individual made a party or threatened to be made a party to any threatened, pending or completed
action or suit brought by or in the right of the corporation because he or she was an officer,
director, employee or agent of the corporation, or is or was serving at the request of the
corporation as a director, officer, employee or agent of another corporation or other entity,
against expenses actually and reasonably incurred in connection with such action or suit if he or
she acted in good faith and in a manner he or she reasonably believed to be in or not opposed to
the best interests of the corporation, provided that such indemnification will be denied if the
individual is found liable to the corporation unless, in such a case, the court determines the
person is nonetheless entitled to indemnification for such expenses. A corporation must indemnify a
present or former director or officer who successfully defends himself or herself in a proceeding
to which he or she was a party because he or she was a director or officer of the corporation
against expenses actually and reasonably incurred by him or her. Expenses incurred by a director or
officer in defending civil or criminal proceedings may be paid by the corporation in advance of the
final disposition of such proceedings upon receipt of an undertaking by or on behalf of such
director or officer to repay such amount if it shall ultimately be determined that he or she is not
entitled to be indemnified by the corporation. The Delaware
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->II-3<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">law regarding indemnification and
expense advancement is not exclusive of any other rights which may be granted by Exterran&#146;s
certificate of incorporation or by-laws, a vote of shareholders or disinterested directors,
agreement or otherwise.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under the DGCL, termination of any proceeding by conviction or upon a plea of nolo contendere
or its equivalent shall not, of itself, create a presumption that such person is prohibited from
being indemnified.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;<B><I>Exterran Holdings, Inc.&#146;s Restated Certificate of Incorporation</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exterran is a Delaware corporation. Exterran&#146;s restated certificate of incorporation provides
that a director of Exterran will not be personally liable to Exterran or its stockholders for
breach of his or her fiduciary duty as a director, except for liability in the circumstances
specified in Section&nbsp;102(b)(7) of the DGCL. In addition, Holding&#146;s restated certificate of
incorporation requires Exterran to indemnify and advance expenses to any director or officer of
Exterran as provided in Holding&#146;s amended and restated bylaws.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;<B><I>Exterran Holdings, Inc.&#146;s Amended and Restated Bylaws</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The amended and restated bylaws of Exterran provide that Exterran will indemnify to the
fullest extent permitted by Delaware law, including the DGCL as described above, any person who was
or is a party or is threatened to be made a party to any threatened, pending or completed legal
proceeding (whether or not an action by or in right of Exterran), by reason of the fact that he or
she is or was a director or officer of Exterran, or, while serving as a director or officer of
Exterran, is or was serving at the request of Exterran as a director, officer, employee or agent of
another entity, or by reason of any action alleged to have been taken or omitted in such capacity
against all expense, liability and loss (including attorneys&#146; fees) reasonably incurred or
suffered. However, except with respect to certain proceedings to enforce rights to indemnification
as described below, Exterran will indemnify any such officer or director in connection with a
proceeding initiated by that officer or director only if the proceeding was authorized by the
Exterran board of directors.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This right to indemnification also includes the right to be paid in advance expenses
(including attorneys&#146; fees) incurred in defending any such proceeding to the fullest extent
permitted by Delaware law. However, if the DGCL requires an advancement of expenses incurred by an
officer or director in his or her capacity as such (and not in any other capacity in which service
was or is rendered), Exterran will advance expenses only upon delivery to Exterran of an
undertaking by or on behalf of the officer or director, to repay all amounts advanced if it is
ultimately determined by final judicial decision from which there is no further right to appeal
that the officer or director is not entitled to be indemnified for expenses incurred.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In any suit brought by an officer or director to enforce a right to indemnification or in any
suit brought by Exterran to recover an advancement of expenses pursuant to the terms of an
undertaking, as described in the paragraph above, if the officer or director is successful, in
whole or in part, he or she is entitled to be paid the expense of prosecuting or defending the
suit.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The amended and restated bylaws of Exterran further provide that Exterran may indemnify any
person who was or is a party or is threatened to be made a party to any threatened, pending or
completed proceeding, whether civil, criminal, administrative or investigative (whether or not an
action by or in right of Exterran) by reason of the fact that the person is or was an employee
(other than an officer) or agent of Exterran, or, while serving as an employee (other than an
officer) or agent of Exterran, is or was serving at the request of Exterran as a director, officer,
employee or agent of another entity, to the extent (i)&nbsp;permitted by Delaware law, and (ii)
authorized in the sole discretion of the Chief Executive Officer of Exterran and at least one other
of the following officers of Exterran: the President, the Chief Financial Officer, or the General
Counsel. Exterran may, to the extent permitted by Delaware law and authorized as described in (ii)
of the preceding sentence, pay expenses (including attorneys&#146; fees) reasonably incurred by any
employee or agent of Exterran in defending any proceeding in advance of the final disposition, upon
terms and conditions that the officer authorizing such expense advancement may determine in their
sole discretion.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The rights and authority relating to indemnification conferred by the Exterran bylaws are not
exclusive of any other right that any person seeking indemnification or advancement of expenses
from Exterran may have or acquire.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->II-4<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;<B><I>Merger Agreement</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each of the parties to the Agreement and Plan of Merger, dated as of February&nbsp;5, 2007, as
amended on June&nbsp;25, 2007 (as so amended, the &#147;merger agreement&#148;), among Exterran, Hanover,
Universal, Hector Sub, Inc. and Ulysses Sub, Inc. has agreed that, for six years after the
consummation of the mergers, Exterran will indemnify and hold harmless and advance expenses to, to
the greatest extent permitted by law as of the date of the merger agreement, the individuals who at
or prior to the consummation of the mergers were officers and directors of Hanover, Universal or
their respective subsidiaries with respect to all acts or omissions by them in their capacities as
such or taken at the request of Hanover, Universal or any of
their respective subsidiaries at any time prior to the consummation of the mergers. Exterran
has also agreed to honor all indemnification agreements, expense advancement and exculpation
provisions with the individuals identified in the preceding sentence (including under Hanover&#146;s or
Universal&#146;s certificate of incorporation or bylaws) in effect as of February&nbsp;5, 2007, the date of
the execution of the merger agreement, in accordance with the terms of those agreements or
provisions.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The merger agreement also provides that for a period of six years after the consummation of
the mergers, Exterran will cause to be maintained officers&#146; and directors&#146; liability insurance
covering all officers and directors of Hanover and Universal who are, or at any time prior to the
consummation of the mergers were, covered by Hanover&#146;s or Universal&#146;s existing officers&#146; and
directors&#146; liability insurance policies on terms substantially no less advantageous than the
existing policies, provided that Exterran will not be required to pay annual premiums in excess of
200% of the last annual premium paid by Hanover or Universal, as applicable, prior to February&nbsp;5,
2007, the date of the execution of the merger agreement, but in such case will purchase as much
coverage as reasonably practicable for that amount.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The indemnification rights described above will be in addition to any other rights available
under the certificate of incorporation or bylaws of Hanover or Universal or any of its
subsidiaries, under applicable law or otherwise.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;<B><I>Indemnification Agreements</I></B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exterran
expects to enter into indemnification agreements with each of its directors and the
following executive officers:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Stephen A. Snider;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Brian A. Matusek;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>J. Michael Anderson;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Steven W. Muck;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Dan Newman;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>D. Bradley Childers;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Donald C. Wayne;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Daniel K. Schlanger; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Kenneth R. Bickett.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
agreement will provide indemnification and the advancement of expenses (including expenses
incurred by a witness in a proceeding) to the fullest extent permitted by applicable law, including
the DGCL. Notwithstanding the foregoing, the following will generally
be excluded from coverage under
the indemnification agreements:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>claims covered by any insurance or other indemnity provisions;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>liability under Section 16(b) of the Securities Act; and</TD>
</TR>

</TABLE>
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->II-5<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>proceedings initiated by the putative indemnitee without prior approval of the
board of directors of Exterran (other than proceedings brought to enforce an
indemnitee&#146;s rights under his or her indemnification agreement).</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exterran
will also provide insurance pursuant to which directors and officers
will be indemnified or
insured against liability or loss asserted against them in their capacities as directors or
officers or arising out of that status.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;See &#147;Item&nbsp;9. Undertakings&#148; for a description of the Commission&#146;s position regarding
indemnification.
</DIV>
<!-- link2 "Item&nbsp;7. Exemption from Registration Claimed." -->
<DIV align="left"><A NAME="008"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;7. Exemption from Registration Claimed.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable.
</DIV>
<!-- link2 "Item&nbsp;8. Exhibits." -->
<DIV align="left"><A NAME="009"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;8. Exhibits.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents are filed as a part of this Registration Statement or incorporated by
reference herein:
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="10%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="85%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="center">Exhibit</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Number</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Document Description</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">

<TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">*4.1
-
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Restated Certificate of
Incorporation of Exterran Holdings, Inc. (incorporated by reference
to Exhibit 3.1 of Exterran Holdings, Inc.&#146;s Current Report on
Form 8-K filed August 20, 2007).</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">

<TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">*4.2 -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amended and Restated Bylaws of Exterran Holdings, Inc. (incorporated by reference
to Exhibit 3.2 of Exterran Holdings, Inc.&#146;s Current Report on
Form 8-K filed August 20, 2007).</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;&nbsp;4.3 -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Exterran Holdings, Inc. 2007 Stock Incentive Plan.</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;&nbsp;4.4 -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Exterran Holdings, Inc. Employee Stock Purchase Plan.</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;&nbsp;4.5 -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Exterran Holdings, Inc. Directors&#146; Stock and Deferral Plan.</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;&nbsp;5.1 -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of Baker Botts L.L.P.</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1 -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of PricewaterhouseCoopers LLP, independent registered
public accounting firm of Hanover Compressor Company.</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2 -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Deloitte &#038; Touche LLP, independent registered public
accounting firm of Universal Compression Holdings, Inc.</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.3 -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Ernst &#038; Young LLP.</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>


<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">24.1 -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Powers of Attorney.</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">*</TD>
    <TD>&nbsp;</TD>
    <TD>Incorporated herein by reference as indicated.</TD>
</TR>

</TABLE>


<!-- link2 "Item&nbsp;9. Undertakings." -->
<DIV align="left"><A NAME="010"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;9. Undertakings.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The undersigned Registrant hereby undertakes:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) To file, during any period in which offers or sales are being made, a
post-effective amendment to this registration statement:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To include any prospectus required by section 10(a)(3) of the Securities
Act;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To reflect in the prospectus any facts or events arising after the
effective date of the registration statement (or the most recent post-effective
amendment thereof) which, individually or in the aggregate, represent a fundamental
change in the information set forth in the registration statement. Notwithstanding
the foregoing, any increase or decrease in volume of securities offered (if the total
dollar value of securities offered would not exceed that which was registered) and
any deviation from the low or
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->II-6<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">high end of the estimated maximum offering range may be
reflected in the form of a prospectus filed with the Commission pursuant to Rule
424(b) if, in the aggregate, the changes in volume and price represent no more than a
20% change in the maximum aggregate offering price set forth in the &#147;Calculation of
Registration Fee&#148; table in the effective registration statement;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 4%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To include any material information with respect to the plan of
distribution not previously disclosed in the registration statement or any material
change to such information in the registration statement;
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><I>provided, however</I>, that the undertakings set forth in paragraphs (i)&nbsp;and (ii)&nbsp;above do not apply if
the information required to be included in a post-effective amendment by those paragraphs is
contained in periodic reports filed with or furnished to the Commission by the Registrant pursuant
to Section&nbsp;13 or Section 15(d) of the Exchange Act that are incorporated by reference in the
registration statement.
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) That, for the purpose of determining any liability under the Securities Act, each
such post-effective amendment shall be deemed to be a new registration statement relating to
the securities offered therein, and the offering of such securities at that time shall be
deemed to be the initial bona fide offering thereof.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) To remove from registration by means of a post-effective amendment any of the
securities being registered which remain unsold at the termination of the offering.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The Registrant hereby undertakes that, for purposes of determining any liability under the
Securities Act, each filing of the Registrant&#146;s annual report pursuant to Section 13(a) or Section
15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan&#146;s annual
report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in this
registration statement shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Insofar as indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the Registrant pursuant to the
provisions described under Item&nbsp;6 above, or otherwise, the Registrant has been advised that in the
opinion of the Commission such indemnification is against public policy as expressed in the
Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the Registrant of expenses incurred or paid by
a director, officer or controlling person of the Registrant in the successful defense of any
action, suit or proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the Registrant will, unless in the opinion of its
counsel the matter has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public policy as expressed
in the Securities Act and will be governed by the final adjudication of such issue.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->II-7<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<!-- link1 "SIGNATURES" -->
<DIV align="left"><A NAME="011"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it
has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and
has duly caused this Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Houston, the State of Texas, on August&nbsp;20, 2007.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><B>EXTERRAN HOLDINGS, INC.</B><BR>
(Registrant)<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ J. Michael Anderson
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">J. Michael Anderson&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left"><I>Senior Vice President and Chief Financial Officer</I>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has
been signed by the following persons in the capacities indicated on August&nbsp;20, 2007.
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="40%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="40%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="6%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Signature</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Title</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" valign="top"><B>*</B>
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
Gordon T. Hall</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">
Chairman</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" valign="top"><B>*</B>
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
Stephen A. Snider</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">
Director, President and Chief Executive Officer<BR>
(Principal Executive Officer)</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" valign="top">/s/ J. Michael Anderson
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
J. Michael Anderson</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">
Senior Vice President and Chief Financial Officer<BR>
(Principal Financial Officer)</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" valign="top"><B>*</B>
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
Kenneth R. Bickett</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">
Vice President and Corporate Controller<BR>
(Principal Accounting Officer)</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" valign="top"><B>*</B>
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
Janet F. Clark</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">
Director</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" valign="top"><B>*</B>
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
Ernie L. Danner</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">
Director</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" valign="top"><B>*</B>
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
Uriel E. Dutton</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">
Director</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->II-8<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="40%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="40%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="6%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Signature</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Title</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" valign="top"><B>*</B>
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
J.W.G. &#147;Will&#148; Honeybourne</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">
Director</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" valign="top"><B>*</B>
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
John E. Jackson</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">
Director</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" valign="top"><B>*</B>
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
Peter H. Kamin</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">
Director</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" valign="top"><B>*</B>
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
William C. Pate</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">
Director</TD>
</TR>
<TR valign="bottom" style="padding-top: 1em">
    <TD align="center" valign="top"><B>*</B>
<DIV style="font-size: 1pt; border-bottom: 1px solid #000000">&nbsp;</DIV>
Stephen M. Pazuk</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">
Director</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="34%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="59%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>*</B>By:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ J. Michael Anderson
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">J. Michael Anderson</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Attorney-in-fact</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->II-9<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<!-- link1 "INDEX TO EXHIBITS" -->
<DIV align="left"><A NAME="012"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>INDEX TO EXHIBITS</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="10%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="85%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="center">Exhibit</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Number</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Document Description</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">

<TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">*4.1 -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Restated Certificate of
Incorporation of Exterran Holdings, Inc.  (incorporated by reference
to Exhibit 3.1 of Exterran Holdings, Inc.&#146;s Current Report on
Form 8-K filed August 20, 2007).</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">

<TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">*4.2 -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Amended and Restated Bylaws of Exterran Holdings, Inc. (incorporated by reference
to Exhibit 3.2 of Exterran Holdings, Inc.&#146;s Current Report on
Form 8-K filed August 20, 2007).</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;&nbsp;4.3 -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Exterran Holdings, Inc. 2007 Stock Incentive Plan.</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;&nbsp;4.4 -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Exterran Holdings, Inc. Employee Stock Purchase Plan.</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;&nbsp;4.5 -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Exterran Holdings, Inc. Directors&#146; Stock and Deferral Plan.</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;&nbsp;5.1 -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of Baker Botts L.L.P.</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1 -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of PricewaterhouseCoopers LLP, independent registered
public accounting firm of Hanover Compressor Company.</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2 -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Deloitte &#038; Touche LLP, independent registered public
accounting firm of Universal Compression Holdings, Inc.</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.3 -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Ernst &#038; Young LLP.</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">24.1 -
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Powers of Attorney.</TD>
</TR>
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    <TD>&nbsp;</TD>
    <TD>Incorporated herein by reference as indicated.</TD>
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sv8
Table of Contents
As filed with the Securities and Exchange Commission on August 20, 2007
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
EXTERRAN HOLDINGS, INC.
(Exact name of Registrant as specified in its charter)
Delaware
(State or other jurisdiction of
incorporation or organization)
74-3204509
(I.R.S. Employer
Identification No.)
4444 Brittmoore
Houston, Texas 77041
(Address, Including Zip Code, and Telephone Number, Including Area Code of Registrant's Principal Executive Offices)
Exterran Holdings, Inc. 2007 Stock Incentive Plan
Exterran Holdings, Inc. Employee Stock Purchase Plan
Exterran Holdings, Inc. Directors' Stock and Deferral Plan
(Full title of the plan)
Donald C. Wayne
Vice President, General Counsel and Secretary
Exterran Holdings, Inc.
4444 Brittmoore
Houston, Texas 77041
(713) 335-7000
(Name, address and telephone number, including area code, of agent for service)
CALCULATION OF REGISTRATION FEE
Proposed
Proposed
Maximum
Maximum
Offering
Aggregate
Amount of
Title of Securities
Amount to be
Price
Offering
Registration
to be Registered
Registered (1)
Per Share(2)
Price(2)
Fee
Common Stock, par value $0.01 per share
5,500,000
$71.19
$391,545,000
$12,021
(1)
This Registration Statement (the "Registration Statement") registers the issuance of an
aggregate of 5,500,000 shares of the common stock of Exterran Holdings, Inc., par value $0.01
per share, which amount includes (a) 4,750,000 shares issuable pursuant to the Exterran
Holdings, Inc. 2007 Stock Incentive Plan, (b) 650,000 shares issuable pursuant to the Exterran
Holdings, Inc. Employee Stock Purchase Plan and (c) 100,000 shares issuable pursuant to the
Exterran Holdings, Inc. Directors' Stock and Deferral Plan (collectively, the "Plans").
Pursuant to Rule 416 of the Securities Act of 1933, this Registration Statement shall also
cover such indeterminate number of additional shares as may become issuable under the Plans as
a result of the antidilution provisions thereof.
(2)
Estimated solely for the purposes of determining the amount of the registration fee, in
accordance with Rule 457(c) and 457(h) under the Securities Act of 1933, on the basis of the
high and low prices of Universal Compression Holdings, Inc.'s common stock on the New York
Stock Exchange on August 16, 2007. The price of Universal Compression Holdings, Inc.'s
common stock has been used for these purposes because shares of Universal Compression
Holdings, Inc. common stock are being converted into shares of Exterran Holdings, Inc. common
stock on a one-for-one basis pursuant to the Agreement and Plan of Merger, dated as of
February 5, 2007, as amended on June 25, 2007, among Exterran Holdings, Inc., Hanover
Compressor Company, Universal Compression Holdings, Inc., Hector Sub, Inc. and Ulysses Sub,
Inc.
TABLE OF CONTENTS
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
Item 4. Description of Securities.
Item 5. Interests of Named Experts and Counsel.
Item 6. Indemnification of Directors and Officers.
Item 7. Exemption from Registration Claimed.
Item 8. Exhibits.
Item 9. Undertakings.
SIGNATURES
INDEX TO EXHIBITS
2007 Stock Incentive Plan
Employee Stock Purchase Plan
Directors' Stock and Deferral Plan
Opinion of Baker Botts L.L.P.
Consent of PricewaterhouseCoopers LLP
Consent of Deloitte & Touche LLP
Consent of Ernst & Young LLP
Powers of Attorney
Table of Contents
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The document(s) containing information required in Part I of this Registration Statement will
be provided to each participant in the Plans, as specified by Rule 428(b)(1) promulgated by the
Securities and Exchange Commission (the "Commission") under the Securities Act. Such document(s)
are not being filed with the Commission but constitute (together with the documents incorporated by
reference in this Registration Statement pursuant to Item 3 of Part II hereof) a prospectus that
meets the requirements of Section 10(a) of the Securities Act.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The following documents filed with the Commission by Exterran Holdings, Inc. ("Exterran"),
Hanover Compressor Company ("Hanover") and Universal Compression Holdings, Inc. ("Universal")
pursuant to the Securities Exchange Act of 1934, as amended (the "Exchange Act"), are hereby
incorporated in this Registration Statement by reference and shall be deemed to be a part hereof:
Exterran
Filings (File No. 001-33666)
Period
Current Report on Form 8-K
Filed August 20, 2007 (the description
of our common stock is contained
in this filing, which is also the
filing pursuant to which our
common stock is deemed registered
under Section 12(b) of the
Exchange Act)
Hanover Filings (File No. 001-13071)
Period
Annual Report on Form 10-K/A (Amendment No. 1),
filed April 30, 2007
Fiscal Year ended December 31, 2006
Annual Report on Form 10-K, filed February 28, 2007
Fiscal Year ended December 31, 2006
Quarterly Report on Form 10-Q, filed May 2, 2007
Quarter ended March 31, 2007
Quarterly Report on Form 10-Q, filed August 1, 2007
Quarter ended June 30, 2007
Current Reports on Form 8-K
Filed January 8, 2007, February 5,
2007 (other than Item 2.02
thereof), March 2, 2007, March 21,
2007, March 28, 2007, May 14,
2007; June 4, 2007; June 25, 2007;
July 5, 2007; July 19, 2007 and
August 6, 2007
Universal Filings (File No. 001-15843)
Period
Annual Report on Form 10-K/A (Amendment No. 1),
filed April 30, 2007
Fiscal Year ended December 31, 2006
Annual Report on Form 10-K, filed March 1, 2007
Fiscal Year ended December 31, 2006
Quarterly Report on Form 10-Q, filed May 9, 2007
Quarter ended March 31, 2007
Quarterly Report on Form 10-Q, filed August 1, 2007
Quarter ended June 30, 2007
Current Reports on Form 8-K
Filed February 5, 2007 (other than
Item 2.02 thereof); February 27,
2007; March 28, 2007; April 18,
2007; May 11, 2007; May 30, 2007
(other than Item 7.01 thereof,
including Exhibit 99.1); June 18,
2007; June 25, 2007; July 5, 2007;
July 6, 2007; July 11, 2007 (other
than Item 7.01 thereof, including
Exhibit 99.1); July 19, 2007 and
August 3, 2007.
II-2
Table of Contents
All documents filed with the Commission by the Registrant pursuant to sections 13(a), 13(c),
14 or 15(d) of the Exchange Act subsequent to the date hereof and prior to the filing of a
post-effective amendment to this Registration Statement indicating that all securities offered
hereby have been sold, or deregistering all securities then remaining unsold, shall be deemed to be
incorporated by reference herein and to be a part hereof from the date of filing of such documents.
Any statement contained or incorporated by reference herein shall be deemed to be modified or
superseded for purposes of this Registration Statement to the extent that a statement contained
herein or in any subsequently filed document that also is or is deemed to be incorporated by
reference herein modifies or supersedes such statement. Any statement so modified or superseded
shall not be deemed to constitute a part of this Registration Statement, except as so modified or
superseded.
Item 4. Description of Securities.
Not applicable.
Item 5. Interests of Named Experts and Counsel.
Not applicable.
Item 6. Indemnification of Directors and Officers.
Delaware General Corporation Law
Section 102(b)(7) of the DGCL permits a corporation to provide in its certificate of
incorporation that a director of the corporation shall not be personally liable to the corporation
or its shareholders for monetary damages for breach of fiduciary duty as a director, except for
liability for any of the following:
•
any breach of the director's duty of loyalty to the corporation or its
stockholders,
•
acts or omissions not in good faith or which involve intentional misconduct or a
knowing violation of law,
•
under Section 174 of the DGCL, or
•
any transaction from which the director derived an improper personal benefit.
Under Section 145 of the DGCL, a corporation may indemnify any individual made a party or
threatened to be made a party to any type of proceeding, other than an action by or in the right of
the corporation, because he or she is or was an officer, director, employee or agent of the
corporation or was serving at the request of the corporation as an officer, director, employee or
agent of another corporation or entity against expenses, judgments, fines and amounts paid in
settlement actually and reasonably incurred in connection with such proceeding: (1) if he or she
acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the
best interests of the corporation; or (2) in the case of a criminal proceeding, he or she had no
reasonable cause to believe that his or her conduct was unlawful. A corporation may indemnify any
individual made a party or threatened to be made a party to any threatened, pending or completed
action or suit brought by or in the right of the corporation because he or she was an officer,
director, employee or agent of the corporation, or is or was serving at the request of the
corporation as a director, officer, employee or agent of another corporation or other entity,
against expenses actually and reasonably incurred in connection with such action or suit if he or
she acted in good faith and in a manner he or she reasonably believed to be in or not opposed to
the best interests of the corporation, provided that such indemnification will be denied if the
individual is found liable to the corporation unless, in such a case, the court determines the
person is nonetheless entitled to indemnification for such expenses. A corporation must indemnify a
present or former director or officer who successfully defends himself or herself in a proceeding
to which he or she was a party because he or she was a director or officer of the corporation
against expenses actually and reasonably incurred by him or her. Expenses incurred by a director or
officer in defending civil or criminal proceedings may be paid by the corporation in advance of the
final disposition of such proceedings upon receipt of an undertaking by or on behalf of such
director or officer to repay such amount if it shall ultimately be determined that he or she is not
entitled to be indemnified by the corporation. The Delaware
II-3
Table of Contents
law regarding indemnification and
expense advancement is not exclusive of any other rights which may be granted by Exterran's
certificate of incorporation or by-laws, a vote of shareholders or disinterested directors,
agreement or otherwise.
Under the DGCL, termination of any proceeding by conviction or upon a plea of nolo contendere
or its equivalent shall not, of itself, create a presumption that such person is prohibited from
being indemnified.
Exterran Holdings, Inc.'s Restated Certificate of Incorporation
Exterran is a Delaware corporation. Exterran's restated certificate of incorporation provides
that a director of Exterran will not be personally liable to Exterran or its stockholders for
breach of his or her fiduciary duty as a director, except for liability in the circumstances
specified in Section 102(b)(7) of the DGCL. In addition, Holding's restated certificate of
incorporation requires Exterran to indemnify and advance expenses to any director or officer of
Exterran as provided in Holding's amended and restated bylaws.
Exterran Holdings, Inc.'s Amended and Restated Bylaws
The amended and restated bylaws of Exterran provide that Exterran will indemnify to the
fullest extent permitted by Delaware law, including the DGCL as described above, any person who was
or is a party or is threatened to be made a party to any threatened, pending or completed legal
proceeding (whether or not an action by or in right of Exterran), by reason of the fact that he or
she is or was a director or officer of Exterran, or, while serving as a director or officer of
Exterran, is or was serving at the request of Exterran as a director, officer, employee or agent of
another entity, or by reason of any action alleged to have been taken or omitted in such capacity
against all expense, liability and loss (including attorneys' fees) reasonably incurred or
suffered. However, except with respect to certain proceedings to enforce rights to indemnification
as described below, Exterran will indemnify any such officer or director in connection with a
proceeding initiated by that officer or director only if the proceeding was authorized by the
Exterran board of directors.
This right to indemnification also includes the right to be paid in advance expenses
(including attorneys' fees) incurred in defending any such proceeding to the fullest extent
permitted by Delaware law. However, if the DGCL requires an advancement of expenses incurred by an
officer or director in his or her capacity as such (and not in any other capacity in which service
was or is rendered), Exterran will advance expenses only upon delivery to Exterran of an
undertaking by or on behalf of the officer or director, to repay all amounts advanced if it is
ultimately determined by final judicial decision from which there is no further right to appeal
that the officer or director is not entitled to be indemnified for expenses incurred.
In any suit brought by an officer or director to enforce a right to indemnification or in any
suit brought by Exterran to recover an advancement of expenses pursuant to the terms of an
undertaking, as described in the paragraph above, if the officer or director is successful, in
whole or in part, he or she is entitled to be paid the expense of prosecuting or defending the
suit.
The amended and restated bylaws of Exterran further provide that Exterran may indemnify any
person who was or is a party or is threatened to be made a party to any threatened, pending or
completed proceeding, whether civil, criminal, administrative or investigative (whether or not an
action by or in right of Exterran) by reason of the fact that the person is or was an employee
(other than an officer) or agent of Exterran, or, while serving as an employee (other than an
officer) or agent of Exterran, is or was serving at the request of Exterran as a director, officer,
employee or agent of another entity, to the extent (i) permitted by Delaware law, and (ii)
authorized in the sole discretion of the Chief Executive Officer of Exterran and at least one other
of the following officers of Exterran: the President, the Chief Financial Officer, or the General
Counsel. Exterran may, to the extent permitted by Delaware law and authorized as described in (ii)
of the preceding sentence, pay expenses (including attorneys' fees) reasonably incurred by any
employee or agent of Exterran in defending any proceeding in advance of the final disposition, upon
terms and conditions that the officer authorizing such expense advancement may determine in their
sole discretion.
The rights and authority relating to indemnification conferred by the Exterran bylaws are not
exclusive of any other right that any person seeking indemnification or advancement of expenses
from Exterran may have or acquire.
II-4
Table of Contents
Merger Agreement
Each of the parties to the Agreement and Plan of Merger, dated as of February 5, 2007, as
amended on June 25, 2007 (as so amended, the "merger agreement"), among Exterran, Hanover,
Universal, Hector Sub, Inc. and Ulysses Sub, Inc. has agreed that, for six years after the
consummation of the mergers, Exterran will indemnify and hold harmless and advance expenses to, to
the greatest extent permitted by law as of the date of the merger agreement, the individuals who at
or prior to the consummation of the mergers were officers and directors of Hanover, Universal or
their respective subsidiaries with respect to all acts or omissions by them in their capacities as
such or taken at the request of Hanover, Universal or any of
their respective subsidiaries at any time prior to the consummation of the mergers. Exterran
has also agreed to honor all indemnification agreements, expense advancement and exculpation
provisions with the individuals identified in the preceding sentence (including under Hanover's or
Universal's certificate of incorporation or bylaws) in effect as of February 5, 2007, the date of
the execution of the merger agreement, in accordance with the terms of those agreements or
provisions.
The merger agreement also provides that for a period of six years after the consummation of
the mergers, Exterran will cause to be maintained officers' and directors' liability insurance
covering all officers and directors of Hanover and Universal who are, or at any time prior to the
consummation of the mergers were, covered by Hanover's or Universal's existing officers' and
directors' liability insurance policies on terms substantially no less advantageous than the
existing policies, provided that Exterran will not be required to pay annual premiums in excess of
200% of the last annual premium paid by Hanover or Universal, as applicable, prior to February 5,
2007, the date of the execution of the merger agreement, but in such case will purchase as much
coverage as reasonably practicable for that amount.
The indemnification rights described above will be in addition to any other rights available
under the certificate of incorporation or bylaws of Hanover or Universal or any of its
subsidiaries, under applicable law or otherwise.
Indemnification Agreements
Exterran
expects to enter into indemnification agreements with each of its directors and the
following executive officers:
•
Stephen A. Snider;
•
Brian A. Matusek;
•
J. Michael Anderson;
•
Steven W. Muck;
•
Dan Newman;
•
D. Bradley Childers;
•
Donald C. Wayne;
•
Daniel K. Schlanger; and
•
Kenneth R. Bickett.
Each
agreement will provide indemnification and the advancement of expenses (including expenses
incurred by a witness in a proceeding) to the fullest extent permitted by applicable law, including
the DGCL. Notwithstanding the foregoing, the following will generally
be excluded from coverage under
the indemnification agreements:
•
claims covered by any insurance or other indemnity provisions;
•
liability under Section 16(b) of the Securities Act; and
II-5
Table of Contents
•
proceedings initiated by the putative indemnitee without prior approval of the
board of directors of Exterran (other than proceedings brought to enforce an
indemnitee's rights under his or her indemnification agreement).
Exterran
will also provide insurance pursuant to which directors and officers
will be indemnified or
insured against liability or loss asserted against them in their capacities as directors or
officers or arising out of that status.
See "Item 9. Undertakings" for a description of the Commission's position regarding
indemnification.
Item 7. Exemption from Registration Claimed.
Not Applicable.
Item 8. Exhibits.
The following documents are filed as a part of this Registration Statement or incorporated by
reference herein:
Exhibit
Number
Document Description
*4.1
-
Restated Certificate of
Incorporation of Exterran Holdings, Inc. (incorporated by reference
to Exhibit 3.1 of Exterran Holdings, Inc.'s Current Report on
Form 8-K filed August 20, 2007).
*4.2 -
Amended and Restated Bylaws of Exterran Holdings, Inc. (incorporated by reference
to Exhibit 3.2 of Exterran Holdings, Inc.'s Current Report on
Form 8-K filed August 20, 2007).
4.3 -
Exterran Holdings, Inc. 2007 Stock Incentive Plan.
4.4 -
Exterran Holdings, Inc. Employee Stock Purchase Plan.
4.5 -
Exterran Holdings, Inc. Directors' Stock and Deferral Plan.
5.1 -
Opinion of Baker Botts L.L.P.
23.1 -
Consent of PricewaterhouseCoopers LLP, independent registered
public accounting firm of Hanover Compressor Company.
23.2 -
Consent of Deloitte & Touche LLP, independent registered public
accounting firm of Universal Compression Holdings, Inc.
23.3 -
Consent of Ernst & Young LLP.
24.1 -
Powers of Attorney.
*
Incorporated herein by reference as indicated.
Item 9. Undertakings.
(a) The undersigned Registrant hereby undertakes:
(1) To file, during any period in which offers or sales are being made, a
post-effective amendment to this registration statement:
(i) To include any prospectus required by section 10(a)(3) of the Securities
Act;
(ii) To reflect in the prospectus any facts or events arising after the
effective date of the registration statement (or the most recent post-effective
amendment thereof) which, individually or in the aggregate, represent a fundamental
change in the information set forth in the registration statement. Notwithstanding
the foregoing, any increase or decrease in volume of securities offered (if the total
dollar value of securities offered would not exceed that which was registered) and
any deviation from the low or
II-6
Table of Contents
high end of the estimated maximum offering range may be
reflected in the form of a prospectus filed with the Commission pursuant to Rule
424(b) if, in the aggregate, the changes in volume and price represent no more than a
20% change in the maximum aggregate offering price set forth in the "Calculation of
Registration Fee" table in the effective registration statement;
(iii) To include any material information with respect to the plan of
distribution not previously disclosed in the registration statement or any material
change to such information in the registration statement;
provided, however
, that the undertakings set forth in paragraphs (i) and (ii) above do not apply if
the information required to be included in a post-effective amendment by those paragraphs is
contained in periodic reports filed with or furnished to the Commission by the Registrant pursuant
to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in the
registration statement.
(2) That, for the purpose of determining any liability under the Securities Act, each
such post-effective amendment shall be deemed to be a new registration statement relating to
the securities offered therein, and the offering of such securities at that time shall be
deemed to be the initial bona fide offering thereof.
(3) To remove from registration by means of a post-effective amendment any of the
securities being registered which remain unsold at the termination of the offering.
(b) The Registrant hereby undertakes that, for purposes of determining any liability under the
Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or Section
15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual
report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in this
registration statement shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
(c) Insofar as indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the Registrant pursuant to the
provisions described under Item 6 above, or otherwise, the Registrant has been advised that in the
opinion of the Commission such indemnification is against public policy as expressed in the
Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the Registrant of expenses incurred or paid by
a director, officer or controlling person of the Registrant in the successful defense of any
action, suit or proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the Registrant will, unless in the opinion of its
counsel the matter has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public policy as expressed
in the Securities Act and will be governed by the final adjudication of such issue.
II-7
Table of Contents
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it
has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and
has duly caused this Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Houston, the State of Texas, on August 20, 2007.
EXTERRAN HOLDINGS, INC.
(Registrant)
By:
/s/ J. Michael Anderson
J. Michael Anderson
Senior Vice President and Chief Financial Officer
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has
been signed by the following persons in the capacities indicated on August 20, 2007.
Signature
Title
*
Gordon T. Hall
Chairman
*
Stephen A. Snider
Director, President and Chief Executive Officer
(Principal Executive Officer)
/s/ J. Michael Anderson
J. Michael Anderson
Senior Vice President and Chief Financial Officer
(Principal Financial Officer)
*
Kenneth R. Bickett
Vice President and Corporate Controller
(Principal Accounting Officer)
*
Janet F. Clark
Director
*
Ernie L. Danner
Director
*
Uriel E. Dutton
Director
II-8
Table of Contents
Signature
Title
*
J.W.G. "Will" Honeybourne
Director
*
John E. Jackson
Director
*
Peter H. Kamin
Director
*
William C. Pate
Director
*
Stephen M. Pazuk
Director
*
By:
/s/ J. Michael Anderson
J. Michael Anderson
Attorney-in-fact
II-9
Table of Contents
INDEX TO EXHIBITS
Exhibit
Number
Document Description
*4.1 -
Restated Certificate of
Incorporation of Exterran Holdings, Inc.  (incorporated by reference
to Exhibit 3.1 of Exterran Holdings, Inc.'s Current Report on
Form 8-K filed August 20, 2007).
*4.2 -
Amended and Restated Bylaws of Exterran Holdings, Inc. (incorporated by reference
to Exhibit 3.2 of Exterran Holdings, Inc.'s Current Report on
Form 8-K filed August 20, 2007).
4.3 -
Exterran Holdings, Inc. 2007 Stock Incentive Plan.
4.4 -
Exterran Holdings, Inc. Employee Stock Purchase Plan.
4.5 -
Exterran Holdings, Inc. Directors' Stock and Deferral Plan.
5.1 -
Opinion of Baker Botts L.L.P.
23.1 -
Consent of PricewaterhouseCoopers LLP, independent registered
public accounting firm of Hanover Compressor Company.
23.2 -
Consent of Deloitte & Touche LLP, independent registered public
accounting firm of Universal Compression Holdings, Inc.
23.3 -
Consent of Ernst & Young LLP.
24.1 -
Powers of Attorney.
*
Incorporated herein by reference as indicated.