Common Contracts
3 similar Employment Agreement contracts by Matrix Geophysical, Inc.
EMPLOYMENT AGREEMENTEmployment Agreement • July 25th, 2007 • Matrix Geophysical, Inc. • Oil & gas field exploration services • Texas
WHEREAS, pursuant to an AGREEMENT AND PLAN OF MERGER (the “Merger Agreement”), dated as of October 31, 2006, by and among SEITEL HOLDINGS, LLC, a Delaware limited liability company (“Parent”); the Parent is expected to be converted to a Delaware corporation concurrently with the completion of the Merger, SEITEL ACQUISITION CORP., a Delaware corporation and a wholly-owned subsidiary of Parent (“Merger Sub”), and SEITEL, INC., a Delaware corporation, the Merger Sub will be merged with and into the Company as of the Effective Time (as defined in the Merger Agreement) with the Company remaining as the surviving corporation, whereby generally shares of the common stock, par value $.01 per share, of the Company (the “Common Stock”) will, upon the terms and subject to the conditions set forth in the Merger Agreement, be converted into the right to receive cash; and
EMPLOYMENT AGREEMENTEmployment Agreement • July 25th, 2007 • Matrix Geophysical, Inc. • Oil & gas field exploration services • Texas
WHEREAS, pursuant to an AGREEMENT AND PLAN OF MERGER (the “Merger Agreement”), dated as of October 31, 2006, by and among SEITEL HOLDINGS, LLC, a Delaware limited liability company (“Parent”); the Parent is expected to be converted to a Delaware corporation concurrently with the completion of the Merger, SEITEL ACQUISITION CORP., a Delaware corporation and a wholly-owned subsidiary of Parent (“Merger Sub”), and SEITEL, INC., a Delaware corporation, the Merger Sub will be merged with and into the Company as of the Effective Time (as defined in the Merger Agreement) with the Company remaining as the surviving corporation, whereby generally shares of the common stock, par value $.01 per share, of the Company (the “Common Stock”) will, upon the terms and subject to the conditions set forth in the Merger Agreement, be converted into the right to receive cash; and
EMPLOYMENT AGREEMENTEmployment Agreement • July 25th, 2007 • Matrix Geophysical, Inc. • Oil & gas field exploration services • Texas
WHEREAS, pursuant to an AGREEMENT AND PLAN OF MERGER (the “Merger Agreement”), dated as of October 31, 2006, by and among SEITEL HOLDINGS, LLC, a Delaware limited liability company (“Parent”); the Parent is expected to be converted to a Delaware corporation concurrently with the completion of the Merger, SEITEL ACQUISITION CORP., a Delaware corporation and a wholly-owned subsidiary of Parent (“Merger Sub”), and SEITEL, INC., a Delaware corporation, the Merger Sub will be merged with and into the Company as of the Effective Time (as defined in the Merger Agreement) with the Company remaining as the surviving corporation, whereby generally shares of the common stock, par value $.01 per share, of the Company (the “Common Stock”) will, upon the terms and subject to the conditions set forth in the Merger Agreement, be converted into the right to receive cash; and
