1,820,000 Shares of Common Stock Warrants to Purchase 1,820,000 Shares of Common Stock ION GEOPHYSICAL CORPORATION UNDERWRITING AGREEMENTUnderwriting Agreement • February 16th, 2018 • Ion Geophysical Corp • Oil & gas field exploration services
ION Geophysical Corporation, a Delaware corporation (the “Company”), proposes, subject to the terms and conditions contained herein, to sell to you and the other underwriters named on Schedule I to this Agreement (the “Underwriters”), for whom you are acting as Representative (the “Representative”), an aggregate of (i) 1,820,000 shares (the “Shares”) of the Company’s common stock, $0.01 par value per share (the “Common Stock”) and (ii) warrants to purchase 1,820,000 shares of Common Stock (the “Warrants”). The respective amounts of the Securities to be purchased by each of the several Underwriters are set forth opposite their names on Schedule I hereto. The aggregate number of shares of Common Stock issuable upon exercise of the Warrants is hereinafter referred to as the “Warrant Shares.” The Shares, the Warrants and the Warrant Shares are collectively called the “Securities.”
