EXHIBIT 10.5 June 26, 2000Promissory Note • August 14th, 2000 • Seitel Inc • Oil & gas field exploration services
On the date hereof, the Company has entered into an Employment Agreement Amendment No. 2 (the "Employment Agreement Amendment") with you pursuant to which we have agreed to change the payment terms of that certain promissory note (the "Note") dated October 2, 1998 in the original amount of $773,437.50 made by you payable to the order of Seitel, Inc. (the "Company") as set forth herein. Also pursuant to the Employment Agreement Amendment, we have agreed to release the existing security for the Note (75,000 shares of common stock of the Company) and to take in exchange for such security a contractual right of setoff as described in Section 8 of the Employment Agreement Amendment. As of the date hereof, the balance due on the Note was $665,778 (including interest accrued to such date). This letter will serve as the formal amendment of the payment terms of the Note and the release of such pledged stock as security for the Note.
EXHIBIT 10.4 SEITEL, INC. EMPLOYMENT AGREEMENT AMENDMENT NO. 2 THIS EMPLOYMENT AGREEMENT AMENDMENT NO. 2 (this "Agreement") is between Seitel, Inc. (the "Company"), a Delaware corporation with its principal place of business in Houston, Texas, and...Employment Agreement • August 14th, 2000 • Seitel Inc • Oil & gas field exploration services • Texas
EXHIBIT 10.1 AMENDED AND RESTATED EMPLOYMENT AGREEMENT THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT is made effective as of the 1st day of April, 2000, by and between Seitel, Inc., a Delaware corporation (hereinafter called the "Company"), and...Employment Agreement • August 14th, 2000 • Seitel Inc • Oil & gas field exploration services • Texas
EXHIBIT 10.3 SEITEL, INC. EMPLOYMENT AGREEMENT AMENDMENT NO. 2 THIS EMPLOYMENT AGREEMENT AMENDMENT NO. 2 (this "Agreement") is between Seitel, Inc. (the "Company"), a Delaware corporation with its principal place of business in Houston, Texas, and...Employment Agreement • August 14th, 2000 • Seitel Inc • Oil & gas field exploration services • Texas
EXHIBIT 10.2 SEITEL, INC. EMPLOYMENT AGREEMENT AMENDMENT NO. 2 THIS EMPLOYMENT AGREEMENT AMENDMENT NO. 2 (this "Agreement") is between Seitel, Inc. (the "Company"), a Delaware corporation with its principal place of business in Houston, Texas, and...Employment Agreement • August 14th, 2000 • Seitel Inc • Oil & gas field exploration services • Texas
