FIRST AMENDED AND RESTATED BACKSTOP CONVERSION COMMITMENT AGREEMENT AMONG GLOBAL GEOPHYSICAL SERVICES, INC., CERTAIN SUBSIDIARIES OF GLOBAL GEOPHYSICAL SERVICES, INC. AND THE INVESTORS PARTY HERETO Dated as of October 16, 2014Backstop Conversion Commitment Agreement • October 16th, 2014 • Global Geophysical Services Inc • Oil & gas field exploration services • New York
THIS FIRST AMENDED AND RESTATED BACKSTOP CONVERSION COMMITMENT AGREEMENT (this “Agreement”), dated as of October 16, 2014, is made by and among Global Geophysical Services, Inc. (as a debtor in possession and a reorganized debtor, as applicable, the “Company”) and certain Subsidiaries of the Company (each such Subsidiary and the Company, as a debtor in possession and a reorganized debtor, as applicable, a “Debtor” and collectively, the “Debtors”), on the one hand, and the Investors set forth on Schedule 1 hereto (each referred to herein individually as an “Investor” and collectively as the “Investors”), on the other hand, and amends, restates and supersedes in its entirety that certain Backstop Conversion Commitment Agreement dated as of September 23, 2014 and executed by the same parties (the “Original Agreement”). The Company, each other Debtor and each Investor is referred to herein as a “Party” and collectively, the “Parties.” Capitalized terms used herein have the meanings ascribe
