AMENDMENT TO THE EQUIPMENT LEASE AGREEMENTEquipment Lease Agreement |
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EXHIBIT
10.14
AMENDMENT
TO THE EQUIPMENT LEASE AGREEMENT
This Amendment, hereinafter referred to as
“Amendment” is made and entered into effective as of this the 17th
day of December 2003, to that certain Equipment Lease Agreement and,
together herein referred to as “Agreement”, which was made and
entered into on or about the 9 April, 2003, between Mitcham Industries, Inc., a
Texas Corporation “MITCHAM”, and Sercel, Inc. with its principal
place of business at Houston, Texas, U.S.A. (Sercel).
Sercel and
MITCHAM have entered into the Agreement of which the term is 31
December 2003;
Sercel and
MITCHAM are now willing to renew their relationship under the following terms
and conditions:
W I
T N E S S E T H :
NOW,
THEREFORE, in consideration of the premises and the mutual promises and
undertakings set forth below and intending to be legally bound hereby, the
parties agree as follows:
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1. |
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Both parties
mutually agree to extend the Agreement for an additional year from January 1st
to December 31, 2004. Any further renewal may only be agreed upon
between the Parties through written agreement signed by both Parties. |
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2. |
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Except, as
specifically mentioned herein, all other Terms and Conditions of the
Agreement shall remain in full force and effect. |
