0000750813-03-000033 Sample Contracts

THIRD AMENDMENT TO THIRD STANDSTILL AGREEMENT
Third Standstill Agreement • May 16th, 2003 • Seitel Inc • Oil & gas field exploration services • New York

This THIRD AMENDMENT TO THIRD STANDSTILL AND AMENDMENT AGREEMENT (this "Amendment"), dated as of May 15, 2003, is among SEITEL, INC. (the "Company"), a Delaware corporation, each of its subsidiaries (whether direct or indirect and whether or not wholly-owned, collectively, the "Subsidiaries"), and each of the Noteholders listed on the signature pages hereto. Capitalized terms have the respective meanings ascribed thereto in the Third Standstill Agreement (as defined below).