PURCHASE AGREEMENTPurchase Agreement • August 6th, 2009 • Ion Geophysical Corp • Oil & gas field exploration services • Delaware
THIS PURCHASE AGREEMENT (“Agreement”) is made as of the 1st day of June 2009, by and between ION Geophysical Corporation (the “Company”), a corporation organized under the laws of the State of Delaware, with its principal offices at 2105 CityWest Blvd., Suite 400, Houston, Texas 77042-2839, and the purchaser whose name and address is set forth on the signature page hereof (the “Purchaser”).
MASTER LOAN AND SECURITY AGREEMENT Dated as of June 29, 2009 among ICON ION, LLC, as Lender, and ARAM RENTALS CORPORATION, as Borrower and ION GEOPHYSICAL CORPORATION, as GuarantorMaster Loan and Security Agreement • August 6th, 2009 • Ion Geophysical Corp • Oil & gas field exploration services
THIS MASTER LOAN AND SECURITY AGREEMENT is made as of June 29, 2009 by and among ARAM RENTALS CORPORATION (“Borrower”) with its principal office located at 7236 — 10th Street NE, Calgary Alberta, T2E 8X3, ION GEOPHYSICAL CORPORATION, a Delaware corporation (the “Guarantor”), with its principal office located at 2105 CityWest Blvd., Suite 400, Houston, Texas 77042, and ICON ION, LLC, (the “Lender”) with its principal office located at 100 Fifth Avenue, 4th Floor, New York, New York 10011.
FIFTH AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • August 6th, 2009 • Ion Geophysical Corp • Oil & gas field exploration services • New York
when delivered (regardless of whether this Agreement or the Revolving Loan Commitments are in effect when such inaccuracy is discovered), and such inaccuracy, if corrected, would have led to the application of a higher Applicable Margin for any period (an “Applicable Period”) than the Applicable Margin applied for such Applicable Period, and only in such case, then the Domestic Borrower shall immediately (i) deliver to the Administrative Agent corrected financial statements for such Applicable Period, (ii) determine the Applicable Margin for such Applicable Period based upon the corrected financial statements, and (iii) immediately pay to the Administrative Agent the accrued additional interest owing as a result of such increased Applicable Margin for such Applicable Period, which payment shall be promptly applied by the Administrative Agent in accordance with Section 2.16(a). This provision is in addition to the rights of the Administrative Agent and the Lenders with respect to Sectio
