EX-2.10 8 d295758dex210.htm EX-2.10 EX-2.10

EXECUTION VERSION

Dated June 24, 2014

CGG AND THE GUARANTORS NAMED HEREIN

6.875% SENIOR NOTES DUE 2022

SUPPLEMENTAL INDENTURE

THE BANK OF NEW YORK MELLON

TRUSTEE

 

 

LOGO

Ref: L-223941

Linklaters LLP


This SUPPLEMENTAL INDENTURE, dated as of June 24, 2014, is among CGG S.A., a société anonyme incorporated in France and registered at the Paris commercial register under number 969 202 241 (the “Company”), CGG Canada Services Ltd., a Canadian (Alberta) corporation, Sercel Canada Ltd., a Canadian (New Brunswick) corporation, and Sercel Australia Pty Ltd. an Australian (New South Wales) corporation (together, the “Additional Guarantors”) and The Bank of New York Mellon, as Trustee (the “Trustee”).

RECITALS

WHEREAS, the Company and the Trustee entered into an Indenture, dated as of May 1, 2014 (the “Indenture”), pursuant to which the Company has originally issued $500,000,000 in principal amount of 6.875% Senior Notes due 2022 (the “Notes”); and

WHEREAS, Section 9.01(f) of the Indenture provides that the Company and the Trustee may amend or supplement the Indenture in order to execute and deliver a guarantee (a “Subsidiary Guarantee”) to comply with Section 10.02 thereof without the consent of the Holders of the Notes; and

WHEREAS, all acts and things prescribed by the Indenture, by law and by the charter and the bylaws (or comparable constituent documents) of the Company, of each Additional Guarantor and of the Trustee necessary to make this Supplemental Indenture a valid instrument legally binding on the Company, each Additional Guarantor and the Trustee, in accordance with its terms, have been duly done and performed.

NOW, THEREFORE, to comply with the provisions of the Indenture and in consideration of the above premises, the Company, each Additional Guarantor and the Trustee covenant and agree for the equal and proportionate benefit of the respective Holders of the Notes as follows:

ARTICLE 1

SECTION 1.01. This Supplemental Indenture is supplemental to the Indenture and does and shall be deemed to form a part of, and shall be construed in connection with and as part of, the Indenture for any and all purposes.

SECTION 1.02. This Supplemental Indenture shall become effective immediately upon its execution and delivery by each of the Company, each Additional Guarantor and the Trustee.

ARTICLE 2

From this date, in accordance with Section 10.02 of the Indenture and by executing this Supplemental Indenture and the accompanying notation of Subsidiary Guarantee (a copy of which is attached hereto), each Additional Guarantor whose signature appears below is subject to the provisions of the Indenture to the extent provided for in Article 10 thereunder.

ARTICLE 3

SECTION 3.01. Except as specifically modified herein, the Indenture and the Notes are in all respects ratified and confirmed (mutatis mutandis) and shall remain in full force and effect in accordance with their terms with all capitalized terms used herein without definition having the same respective meanings ascribed to them as in the Indenture.

SECTION 3.02. Except as otherwise expressly provided herein, no duties, responsibilities or liabilities are assumed, or shall be construed to be assumed, by the Trustee by reason of this Supplemental Indenture. This Supplemental Indenture is executed and accepted by the Trustee subject to all the terms and conditions set forth in the Indenture with the same force and effect as if those terms and conditions were repeated at length herein and made applicable to the Trustee with respect hereto.

 

1


The Company and each Additional Guarantor each represent and warrant to the Trustee that the Supplemental Indenture has been duly and validly executed and delivered by it and constitutes its legal, valid and binding obligations, enforceable against it in accordance with its terms.

The Trustee shall not be responsible or accountable in any way whatsoever for or with respect to the validity, execution (by any party other than the Trustee) or sufficiency of this Supplemental Indenture and makes no representation with respect thereto.

SECTION 3.03. THE LAW OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE AND ENFORCE THIS SUPPLEMENTAL INDENTURE.

SECTION 3.04. The parties may sign any number of copies of this Supplemental Indenture. Each signed copy shall be an original, but all of such executed copies together shall represent the same agreement.

[Signature page follows]

 

2


IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed, all as of the date first written above.

 

CGG S.A.
By:  

/s/ Stephane-Paul Frydman

  Name:   Stephane-Paul Frydman
  Title:   Corporate Officer & Chief Financial Officer

Supplemental Indenture 6.875% Senior Notes due 2022 Signature Page


CGG CANADA SERVICES LTD.
By:  

/s/ Yves Goulard

  Name: Yves Goulard
  Title:   Authorized Signatory

Supplemental Indenture 6.875% Senior Notes due 2022 Signature Page


SERCEL CANADA LTD.
By:  

/s/ Yves Goulard

  Name:   Yves Goulard
  Title:   Authorized Signatory

Supplemental Indenture 6.875% Senior Notes due 2022 Signature Page


Signed Sealed and Delivered for SERCEL

AUSTRALIA PTY LTD by its attorney under

power of attorney in the presence of:

 

/s/ Beatrice Place-Faget

   

/s/ Yves Goulard

Witness Signature     Attorney Signature

Beatrice Place-Faget

   

Yves Goulard

Print Name     Print Name

Supplemental Indenture 6.875% Senior Notes due 2022 Signature Page


THE BANK OF NEW YORK MELLON,

as Trustee

By:  

/s/ Catherine F. Donohue

  Name: Catherine F. Donohue
  Title:   Vice President

Supplemental Indenture 6.875% Senior Notes due 2022 Signature Page