SECOND 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 31, 2014Backstop Conversion Commitment Agreement • November 4th, 2014 • Global Geophysical Services Inc • Oil & gas field exploration services • New York
THIS SECOND AMENDED AND RESTATED BACKSTOP CONVERSION COMMITMENT AGREEMENT (this “Agreement”), dated as of October 31, 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”) and, following execution and delivery of a signature counterpart hereto following its formation in accordance with Section 11.13, Global Geophysical Services, LLC (“GGS Holdings”), 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 First Amended and Restated Backstop Conversion Commitment Agreement dated as of October 16, 2014 and executed by the same p
