Vaquero Partners LLC
0000 Xxxx Xxxx Xxxx.
Xxxxx 0000
Xxxxxxx, Xxxxx 00000
As of December 28, 2003
Seitel Data Ltd.
00000 X. Xxxxxxxx Xxxxxx Xxxxx
#000, Xxxx. X
Xxxxxxx, Xxxxx 00000
Re: Library Card Purchase Agreement dated September 26, 2003
Gentlemen:
Pursuant to the Agreement referenced above, we are to make payments to you
of $80,000 on or before December 29, 2003 and $180,000 on or before February 26,
2004. Such obligation is evidenced by our promissory note to you also dated
September 26, 2003 (the "Note").
We hereby request that the Agreement and the Note be amended as follows:
"Payment of all amounts outstanding shall be made as follows: (i) $10,000
on or before Xxxxx 0, 0000, (xx) $10,000 on or before May 5, 2004, (iii)
and the balance of $240,000 on or before June 30, 2004."
All other terms of the Agreement and Note shall remain in full force and
effect.
Please acknowledge your consent and approval to this amendment by signing
a copy of this letter and by returning it to me at your earliest convenience.
Very truly yours,
VAQUERO PARTNERS LLC
By: /s/ Xxxx Xxxxxx
-----------------------
Xxxx Xxxxxx, Manager
ACCEPTED AND AGREED:
SEITEL DATA, LTD.
By: /s/ Xxxxx X. Xxxxxxxxx
----------------------------
Name: Xxxxx X. Xxxxxxxxx
Title: Executive VP
