RECITALS:Asset Purchase Agreement • April 30th, 1999 • Seitel Inc • Oil & gas field exploration services • Texas
Borrower: Paul A. Frame Lender: Bank One, Texas, NA 2912 Mid Lane Houston Commercial Houston, TX 77027 910 Travis Houston, TX 77002Guaranty Agreement • April 30th, 1999 • Seitel Inc • Oil & gas field exploration services • Texas
LIMITED GUARANTY. For good and valuable consideration, SEITEL, INC. ("Guarantor") absolutely and unconditionally guarantees and promises to pay to Bank One, Texas, N.A. ("Lender") or its order, in legal tender of the United States of America, the Indebtedness (as that term is defined below) to PAUL A. FRAME ("Borrower") to Lender on the terms and conditions set forth in this Guaranty.
