0001193125-14-208368 Sample Contracts

EMPLOYEE INCENTIVE STOCK OPTION AWARD AGREEMENT
Employee Incentive Stock Option Award Agreement • May 21st, 2014 • Geospace Technologies Corp • Measuring & controlling devices, nec • Texas

Geospace Technologies Corporation (the “Company”), pursuant to the Geospace Technologies Corporation 2014 Long-Term Incentive Plan (the “Plan”), hereby awards to you, the above-named Grantee, effective as of the Grant Date set forth above, a Incentive stock option (the “Option”) to purchase shares (the “Shares”) of the Company’s Common Stock, $0.01 par value per share (the “Common Stock”) for the exercise price set forth above for each Share subject to the Option, subject to adjustment as provided in the Plan. The Option is exercisable in installments in accordance with the Vesting Schedule set forth above (provided that you do not incur a Termination of Employment prior to the applicable anniversary of the Grant Date) with the exercise price payable at the time of exercise. To the extent not exercised, installments shall be cumulative and may be exercised in whole or in part until the Option terminates. The Option may not be exercised after the Expiration Date.

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EMPLOYEE NONQUALIFIED STOCK OPTION AWARD AGREEMENT
Employee Nonqualified Stock Option Award Agreement • May 21st, 2014 • Geospace Technologies Corp • Measuring & controlling devices, nec • Texas

Geospace Technologies Corporation (the “Company”), pursuant to the Geospace Technologies Corporation 2014 Long-Term Incentive Plan (the “Plan”), hereby awards to you, the above-named Grantee, effective as of the Grant Date set forth above, a nonqualified stock option (the “Option”) to purchase shares (the “Shares”) of the Company’s Common Stock, $0.01 par value per share (the “Common Stock”) for the exercise price set forth above for each Share subject to the Option, subject to adjustment as provided in the Plan. The Option is exercisable in installments in accordance with the Vesting Schedule set forth above (provided that you do not incur a Termination of Employment prior to the applicable anniversary of the Grant Date) with the exercise price payable at the time of exercise. To the extent not exercised, installments shall be cumulative and may be exercised in whole or in part until the Option terminates. The Option may not be exercised after the Expiration Date.

CONSULTANT NONQUALIFIED STOCK OPTION AWARD AGREEMENT
Consultant Nonqualified Stock Option Award Agreement • May 21st, 2014 • Geospace Technologies Corp • Measuring & controlling devices, nec • Texas

Geospace Technologies Corporation (the “Company”), pursuant to the Geospace Technologies Corporation 2014 Long-Term Incentive Plan (the “Plan”), hereby awards to you, the above-named Grantee, effective as of the Grant Date set forth above, a nonqualified stock option (the “Option”) to purchase shares (the “Shares”) of the Company’s Common Stock, $0.01 par value per share (the “Common Stock”) for the exercise price set forth above for each Share subject to the Option, subject to adjustment as provided in the Plan. The Option is exercisable in installments in accordance with the Vesting Schedule set forth above (provided that you do not incur a termination of service with the Company and all of its Affiliates (a “Termination of Service”) prior to the applicable anniversary of the Grant Date) with the exercise price payable at the time of exercise. To the extent not exercised, installments shall be cumulative and may be exercised in whole or in part until the Option terminates. The Option

DIRECTOR NONQUALIFIED STOCK OPTION AWARD AGREEMENT
Nonqualified Stock Option Award Agreement • May 21st, 2014 • Geospace Technologies Corp • Measuring & controlling devices, nec • Texas

The Board of Directors (the “Board”) of Geospace Technologies Corporation (the “Company”), pursuant to the Geospace Technologies Corporation 2014 Long-Term Incentive Plan (the “Plan”), hereby awards to you, the above-named Grantee, effective as of the Grant Date set forth above, a nonqualified stock option (the “Option”) to purchase shares (the “Shares”) of the Company’s Common Stock, $0.01 par value per share (the “Common Stock”) for the exercise price set forth above for each Share subject to the Option, subject to adjustment as provided in the Plan. The Option is exercisable in installments in accordance with the Vesting Schedule set forth above (provided that your service on the Board has not terminated prior to the applicable anniversary of the Grant Date) with the exercise price payable at the time of exercise. To the extent not exercised, installments shall be cumulative and may be exercised in whole or in part until the Option terminates. The Option may not be exercised after t

DIRECTOR RESTRICTED STOCK AWARD AGREEMENT AWARD OF RESTRICTED STOCK
Restricted Stock Award Agreement • May 21st, 2014 • Geospace Technologies Corp • Measuring & controlling devices, nec • Texas

The Board of Directors (the “Board”) of Geospace Technologies Corporation (the “Company”), pursuant to the Geospace Technologies Corporation 2014 Long-Term Incentive Plan (the “Plan”), hereby awards to you, , effective as of , 20 (the “Grant Date”), shares (the “Shares”) of the Company’s Common Stock, $0.01 par value per share (the “Common Stock”), set forth above as Restricted Stock on the following terms and conditions:

CONSULTANT RESTRICTED STOCK AWARD AGREEMENT AWARD OF RESTRICTED STOCK
Consultant Restricted Stock Award Agreement • May 21st, 2014 • Geospace Technologies Corp • Measuring & controlling devices, nec • Texas

Geospace Technologies Corporation (the “Company”), pursuant to the Geospace Technologies Corporation 2014 Long-Term Incentive Plan (the “Plan”), hereby awards to you, , effective as of , 20 (the “Grant Date”), shares (the “Shares”) of the Company’s Common Stock, $0.01 par value per share (the “Common Stock”), set forth above as Restricted Stock on the following terms and conditions:

EMPLOYEE RESTRICTED STOCK AWARD AGREEMENT AWARD OF RESTRICTED STOCK
Employee Restricted Stock Award Agreement • May 21st, 2014 • Geospace Technologies Corp • Measuring & controlling devices, nec • Texas

Geospace Technologies Corporation (the “Company”), pursuant to the Geospace Technologies Corporation 2014 Long-Term Incentive Plan (the “Plan”), hereby awards to you, , effective as of , 20 (the “Grant Date”), shares (the “Shares”) of the Company’s Common Stock, $0.01 par value per share (the “Common Stock”), set forth above as Restricted Stock on the following terms and conditions:

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