GUARANTY Dated as of April 30, 2010Guaranty • March 18th, 2011 • Global Geophysical Services Inc • Oil & gas field exploration services • New York
FOR VALUE RECEIVED, the sufficiency of which is hereby acknowledged, and in consideration of credit and/or financial accommodation heretofore or hereafter from time to time made or granted to Global Geophysical Services, Inc. (the “Borrower”) by the Beneficiaries (as defined below), each of the undersigned Guarantors (each a “Guarantor” and, collectively, the “Guarantors”) hereby furnishes its guaranty (this “Guaranty”) of the Obligations (as hereinafter defined) to the Beneficiaries and to Bank of America, N.A. as administrative agent for the Lenders (the “Administrative Agent”) as follows:
NOTEGlobal Geophysical Services Inc • March 18th, 2011 • Oil & gas field exploration services
FOR VALUE RECEIVED, the undersigned (the “Borrower”), hereby promises to pay to Citibank, N.A., or registered assigns (the “Lender”), in accordance with the provisions of the Agreement (as hereinafter defined), the principal amount of each Revolving Credit Loan from time to time made by the Lender to the Borrower under that certain Credit Agreement, dated as of April 30, 2010 (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the “Agreement;” the terms defined therein being used herein as therein defined), among the Borrower, the Lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent, L/C Issuer and Swing Line Lender.
SUPPLEMENT NO. 1 TO THE SECURITY AGREEMENTThe Security Agreement • March 18th, 2011 • Global Geophysical Services Inc • Oil & gas field exploration services
This SUPPLEMENT NO. 1 dated as of September 8, 2010 (this “Supplement”), is delivered in connection with (a) the Security Agreement dated as of April 30, 2010 (as amended, amended and restated, supplemented, extended, or otherwise modified from time to time, the “Security Agreement”), among Global Geophysical Services, Inc., a Delaware corporation (the “Borrower”), certain subsidiaries of the Borrower (such subsidiaries together with the Borrower, the “Debtors”) and Bank of America, N.A. (“Bank of America”), as administrative agent (in such capacity, the “Administrative Agent”) for the benefit of the holders of the Secured Obligations (as defined therein) and (b) the Guaranty dated as of April 30, 2010 (as amended, amended and restated, supplemented, extended, or otherwise modified from time to time, the “Guaranty”) made by the Debtors other than the Borrower (the “Guarantors”) for the benefit of the Administrative Agent and the Lenders.
SUPPLEMENT NO. 2 TO THE SECURITY AGREEMENTSecurity Agreement • March 18th, 2011 • Global Geophysical Services Inc • Oil & gas field exploration services
This SUPPLEMENT NO. 2 dated as of November 12, 2010 (this “Supplement”), is delivered in connection with (a) the Security Agreement dated as of April 30, 2010 (as amended, amended and restated, supplemented, extended, or otherwise modified from time to time, the “Security Agreement”), among Global Geophysical Services, Inc., a Delaware corporation (the “Borrower”), certain subsidiaries of the Borrower (such subsidiaries together with the Borrower, the “Debtors”) and Bank of America, N.A. (“Bank of America”), as administrative agent (in such capacity, the “Administrative Agent”) for the benefit of the holders of the Secured Obligations (as defined therein) and (b) the Guaranty dated as of April 30, 2010 (as amended, amended and restated, supplemented, extended, or otherwise modified from time to time, the “Guaranty”) made by the Debtors other than the Borrower (the “Guarantors”) for the benefit of the Administrative Agent and the Lenders.
SECURITY AGREEMENT Dated as of April 30, 2010 among GLOBAL GEOPHYSICAL SERVICES, INC. and the other Debtors parties hereto in favor of BANK OF AMERICA, N.A., as Administrative AgentSecurity Agreement • March 18th, 2011 • Global Geophysical Services Inc • Oil & gas field exploration services • New York
This SECURITY AGREEMENT dated as of April 30, 2010 (this “Agreement”), is among GLOBAL GEOPHYSICAL SERVICES, INC., a Delaware corporation (the “Borrower”), the undersigned subsidiaries of the Borrower (the Borrower and such undersigned subsidiaries collectively being the “Debtors”), and BANK OF AMERICA, N.A., in its capacity as administrative agent (in such capacity, the “Administrative Agent”) for the benefit of the holders of the Secured Obligations (as defined below).
FIRST SUPPLEMENTAL INDENTUREFirst Supplemental Indenture • March 18th, 2011 • Global Geophysical Services Inc • Oil & gas field exploration services • New York
FIRST SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of September 10, 2010, among Global MicroSeismic, Inc., a Texas corporation (the “Guaranteeing Subsidiary”), a subsidiary of Global Geophysical Services, Inc. (or its permitted successor), a Delaware corporation (the “Company”), the Company, the other Guarantors (as defined in the Indenture referred to below) and The Bank of New York Mellon Trust Company, N.A., as trustee under the Indenture referred to below (the “Trustee”).
SECOND SUPPLEMENTAL INDENTURESecond Supplemental Indenture • March 18th, 2011 • Global Geophysical Services Inc • Oil & gas field exploration services • New York
SECOND SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of November 10, 2010, among Paisano Lease Co., Inc., a Texas corporation, Global Eurasia, LLC, a Delaware limited liability company (the “Guaranteeing Subsidiaries”), both new subsidiaries of Global Geophysical Services, Inc. (or its permitted successor), a Delaware corporation (the “Company”), the Company, the other Guarantors (as defined in the Indenture referred to below) and The Bank of New York Mellon Trust Company, N.A., as trustee under the Indenture referred to below (the “Trustee”).
SUPPLEMENT NO. 3 TO THE SECURITY AGREEMENTSecurity Agreement • March 18th, 2011 • Global Geophysical Services Inc • Oil & gas field exploration services
This SUPPLEMENT NO. 3 dated as of December 7, 2010 (this “Supplement”), is delivered in connection with (a) the Security Agreement dated as of April 30, 2010 (as amended, amended and restated, supplemented, extended, or otherwise modified from time to time, the “Security Agreement”), among Global Geophysical Services, Inc., a Delaware corporation (the “Borrower”), certain subsidiaries of the Borrower (such subsidiaries together with the Borrower, the “Debtors”) and Bank of America, N.A. (“Bank of America”), as administrative agent (in such capacity, the “Administrative Agent”) for the benefit of the holders of the Secured Obligations (as defined therein) and (b) the Guaranty dated as of April 30, 2010 (as amended, amended and restated, supplemented, extended, or otherwise modified from time to time, the “Guaranty”) made by the Debtors other than the Borrower (the “Guarantors”) for the benefit of the Administrative Agent and the Lenders.
THIRD SUPPLEMENTAL INDENTUREThird Supplemental Indenture • March 18th, 2011 • Global Geophysical Services Inc • Oil & gas field exploration services • New York
THIRD SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of December 9, 2010, among Autoseis Development Company, a Texas corporation (the “Guaranteeing Subsidiary”), a wholly-owned subsidiary of AutoSeis, Inc., a Texas corporation, a wholly-owned subsidiary of Global Geophysical Services, Inc. respectively (or its permitted successor), a Delaware corporation (the “Company”), the Company, the other Guarantors (as defined in the Indenture referred to below) and The Bank of New York Mellon Trust Company, N.A., as trustee under the Indenture referred to below (the “Trustee”).
