Document:

Exhibit 10.13

 

NONDISCLOSURE AGREEMENT

 

This Nondisclosure
Agreement is made and entered into effective this ____ day of June, 2013 by and between SAExploration Holdings, Inc. (formerly
known as Trio Merger Corp.), (collectively “Company” or “Employer”) and _______________ (“Executive”),
in exchange for the consideration set forth herein, as well as Executive’s employment and/or continuation of employment.

 

		1.	Definitions.

 

Confidential Information.
“Confidential Information,” as used in this Nondisclosure Agreement, includes any information relating to the Company’s
core business of providing effective acquisition of seismic data, including seismic data acquisition, 2D & 3D design, field
processing, data processing and logistical services (the “Business”), as well as any technical, economic, financial,
marketing, customer/potential customer or other information which is not common knowledge outside the Company and which provides
the Company with a business advantage and/or would provide a business advantage to the Company’s competitors. Some examples
of the Company’s Confidential Information include, but are not limited to, specialized training received by Executive, research
and development materials, methods and results, scientific studies and analysis; product and pricing knowledge; methods of manufacturing;
customer and supplier lists and information; contracts and licenses; personnel information, including the performance, skills,
abilities and payment of employees; purchasing, accounting, business systems and computer programs; long range planning; financial
information, plans and results; trade secrets, business policies, methods of operation, implementation strategies, promotional
information and techniques, marketing presentations, programs and strategies, price lists, files or other information, pricing
strategies, computer files, samples, customer originals, or any other confidential information concerning the business and affairs
of the Company. The Company’s Confidential Information also includes all Confidential Information which was received from
or concerns third parties such as the Company’s customers or prospective customers, suppliers and its parent, affiliate
or subsidiary companies. Confidential Information, as defined in this Nondisclosure Agreement, includes any such information that
Executive may originate, learn, have access to or obtain, whether in tangible form or memorized. Additionally, Executive recognizes
that the Confidential Information is dynamic and ever-changing and that, with each day of employment, Employer has agreed to provide
Executive with access to Confidential Information in a greater quantity and/or expanded nature than any such Confidential Information
that may have already been provided to Executive. 

 

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Customer. “Customer,”
as used in this Nondisclosure Agreement, means: (i) any entity to which the Company sold and/or provided, or proposed, formally
or informally, to sell and/or provide products and services at any time during Executive’s employment tenure performing services
for the Company in the twelve (12) month period immediately preceding Executive’s Termination Date and with whom Executive
had business dealings or learned Confidential Information about during Executive’s employment tenure; (ii) employees or former
employees of such an entity, with whom Executive had contact as a result of performing his duties for the Company in the twelve
(12) month period immediately preceding Executive’s Termination Date; and (iii) any entity that would not, by itself, satisfy
the definition of “Customer” under this Nondisclosure Agreement, but that employs an individual who satisfies the “Customer”
definition in section (ii) of this Paragraph.

 

Termination Date.
“Termination Date,” as used in this Agreement, means Executive’s last day of active employment with Employer.

 

Employer’s
Promises. Employer makes the following promises to Executive:

 

Contemporaneously with
the execution of this Agreement and prior to Executive’s Termination Date, Employer agrees to provide Executive with Confidential
Information, in a greater quantity and/or expanded nature than any such Confidential Information which may have already been provided
to Executive; and

 

Contemporaneously with
the execution of this Agreement and prior to Executive’s Termination Date, Employer agrees to provide Executive with the
opportunity to develop goodwill and establish rapport with Employer’s Customers for the benefit of Employer in a greater
quantity and/or expanded nature than any such opportunities that may have already been provided to Executive.

 

Executive’s
Promises. Employer and Executive recognize that Executive’s use or disclosure of Employer’s Confidential Information,
on behalf of a competitor of Employer or otherwise, would be injurious to Employer. To the extent that Executive has signed any
previous employment, non-competition or confidentiality agreements with Employer, Executive agrees that the restrictions included
in this Agreement are narrower than those included in any such previous agreements and, therefore, constitute an additional benefit
to Executive. Therefore, in exchange for Employer’s promises listed above and all other consideration provided pursuant to
this Agreement, to which these promises are ancillary, Executive promises as follows:

 

Obligations During
Employment. During Executive’s employment with Employer:

 

Executive will perform
his/her assigned duties faithfully and efficiently;

 

Executive will use
on his/her job all the information which is generally known and used by persons of his/her training and experience, and all information
which is common knowledge in Employer’s industry, but Executive shall not use or disclose any confidential information belonging
to any former employer and/or company that Executive is legally or ethically bound not to use and/or disclose;

 

Executive will not
use, copy, remove, disclose or disseminate to any person or entity, Employer’s Confidential Information, except as required
in the course of performing Executive’s duties with Employer, for the benefit of Employer;

 

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Executive gives up
the right to pursue any other substantial business activity while employed with Employer which would conflict with or materially
interfere with the performance of his duties to Employer; and

 

Post-Employment Obligations.
After Executive’s separation from employment with Employer:

 

Executive will immediately
(within twenty-four (24) hours) return to Employer all materials created, received or utilized in any way in conjunction with Executive’s
work performed with Employer including, but not limited to, materials that in any way incorporate, reflect or constitute Employer’s
Confidential Information including, but not limited to, documents, cards, notes, handouts, training materials, notebooks, diskettes,
compact discs, computer software, hard drives, data, reference materials, sketches, drawings, memoranda, documentation, correspondence,
client company lists, leads and records;

 

Executive will not
use or disclose, directly or indirectly, Employer’s Confidential Information; and

 

Executive will not,
directly or indirectly, make any false, disparaging, negative, unflattering or accusatory remarks or references, whether in written
or oral form, regarding Employer, its officers, directors or employees, in any dealings with third parties, including Employer’s
Customers, vendors, suppliers, contractors and employees (it being understood that nothing herein shall be deemed to prohibit Executive
from giving truthful testimony in any court proceeding or governmental investigation or otherwise complying with law).

 

Assignment of Invention.

 

During Executive’s
employment with Employer, Executive shall promptly and fully inform and disclose to Employer and does hereby assign to Employer
all Executive’s right, title and interest in and to any and all ideas, inventions, engineering plans, original works of authorship,
developments, concepts, improvements, designs, trademarks, trade secrets, computer programs and discoveries, whether or not patentable
or registrable under copyright or similar laws, which Executive may solely or jointly conceive or develop or reduce to practice
or cause to be conceived or developed or reduced to practice (collectively, the “Inventions”), during Executive’s
employment with Employer (whether during business hours or otherwise whether outside the premises of Employer or otherwise) and
which directly or indirectly are related to the business or Confidential Information of Employer.

 

Executive recognizes
that all Inventions, conceived or made by Executive, either alone or jointly with others within the twenty-four months after termination
of employment with Employer (voluntary or otherwise), are likely to have been conceived in significant part either while employed
by Employer or as a result of knowledge Executive had of the Confidential Information. Accordingly, Executive agrees that such
Inventions shall be presumed to have been conceived during Executive’s employment.

 

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Executive acknowledges
that all original works of authorship which are made by Executive (solely or jointly with others) within the scope of such employment
with Employer or related to the business of Employer and which are protectable by copyright are “works made for hire,”
pursuant to the United States Copyright Act (17 U.S.C., Section 101) and are consequently owned by and hereby assigned to Employer.

 

Executive agrees that
he will (A) execute and deliver to Employer such applications, assignments, patent applications, copyright registrations and other
documents as Employer may request in order to apply for and obtain patents or other registrations with respect to any Invention
in the United States and foreign jurisdictions, (B) sign all other papers necessary to carry out the obligations in clause (A);
(C) give testimony and render any other assistance in support of Employer’s rights to any Invention; and (D) keep and maintain
current written records of all of those Inventions during Executive’s employment with Employer.

 

Injunction.
Executive acknowledges that Employer has agreed to provide Executive with Confidential Information during Executive’s employment
with Employer. Executive further acknowledges that, if Executive was to leave the employ of Employer for any reason and use or
disclose, directly or indirectly, Employer’s Confidential Information (whether in tangible form or memorized), that such
use and/or disclosure would cause Employer irreparable harm and injury for which no adequate remedy at law exists. Therefore, in
the event of the breach or threatened breach of the provisions of this Agreement by Executive, Employer shall be entitled to obtain
injunctive relief to enjoin such breach or threatened breach, in addition to all other remedies and alternatives which may be available
at law or in equity. Executive acknowledges that the remedies contained in the Agreement for violation of this Agreement are not
the exclusive remedies which Employer may pursue.

 

Governing Law/Venue.
This Agreement shall be exclusively governed by and be construed and enforced in accordance with the laws of the Province of Alberta
without regard to conflict of law principles. Venue for any disputes arising from or related to this Agreement shall lie solely,
and is convenient, in Calgary, Alberta.

 

Entire Agreement.
This instrument contains the entire Agreement of the Parties and supersedes any existing or prior agreement. Any modification,
alternation or amendment to this Agreement must be in writing and executed by the Chairman or his designee.

 

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I HAVE READ THE TERMS LISTED ABOVE AND
ACKNOWLEDGE MY UNDERSTANDING OF AND AGREEMENT WITH THOSE TERMS, AS EVIDENCED BY MY SIGNATURE BELOW.

 

	 	EMPLOYER:
	 	 	 
	 	SAExploration Holdings, Inc. (formerly known as Trio Merger Corp.)
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 

 

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	 	EXECUTIVE:
	 	 	 
	 	By:	 
	 	Name: 	 

 

    	Nondisclosure Agreement
Page 6Exhibit 10.14

 

LOCK-UP AGREEMENT

 

__________, 20__

 

Trio Merger Corp.

777 Third Avenue, 37th Floor

New York, New York 10017

 

Ladies and Gentlemen:

 

In connection with
the Agreement and Plan of Reorganization (the “Merger Agreement”), dated as of December 10, 2012, by and among Trio
Merger Corp. (“Trio”), Trio Merger Sub, Inc., SAExploration Holdings, Inc. and CLCH, LLC, to induce the parties to
consummate the transactions contemplated by the Merger Agreement, the undersigned agrees not to, either directly or indirectly,
during the “Restricted Period” (as hereinafter defined):

 

		(1)	sell or offer or contract to sell or offer, grant any option or warrant for the sale of, assign,
transfer, pledge, hypothecate, or otherwise encumber or dispose of (all being referred to as a “Transfer”) any legal
or beneficial interest in any shares of Parent Common Stock (as defined in the Merger Agreement), issued or to be issued to the
undersigned or to any other person or entity of which the undersigned is an affiliate in connection with the transactions contemplated
by the Merger Agreement, including without limitation the EBITDA Shares (as defined in the Merger Agreement) (the “Restricted
Securities”),

 

		(2)	enter into any swap or any other agreement or any transaction that transfers, in whole or in part,
directly or indirectly, the economic consequence of ownership of any of the Restricted Securities, whether such swap transaction
is to be settled by delivery of any Restricted Securities or other securities of any person, in cash or otherwise, or

 

		(3)	publicly disclose the intention to make any offer, sale, pledge or disposition, or to enter into
any transaction, swap, hedge or other arrangement relating to any of the Restricted Securities.

 

As used herein, “Restricted Period”
means the period commencing on the Closing Date (as defined in the Merger Agreement) and ending on the day preceding the day that
is twelve months after the Closing Date.

 

Notwithstanding the
foregoing limitations, this Lock-Up Agreement will not prevent any Transfer of any or all of the Restricted Securities, either
during the undersigned’s lifetime or on the undersigned’s death, (i) in a transaction that does not involve a public
offering (as such term is used in the Federal securities laws) and is not made through a securities exchange or an over-the-counter
securities market, or (ii) by gift, will or intestate succession, or by judicial decree, to the undersigned’s “family
members” (as defined below) or to trusts, family limited partnerships and similar entities primarily for the benefit of the
undersigned or the undersigned’s “family members”; provided, however, that in each and any such event it shall
be a condition to the Transfer that the transferee execute an agreement stating that the transferee is receiving and holding the
Restricted Securities subject to the provisions of this Lock-Up Agreement. For purposes of this sub-paragraph, “family member”
shall mean spouse, lineal descendants, stepchildren, father, mother, brother or sister of the transferor or of the transferor’s
spouse.

 

    	 

    	 

    

 

Also notwithstanding
the foregoing limitations, in the event the undersigned is an entity rather than an individual, this Lock-Up Agreement will not
prevent any Transfer of any or all of the Restricted Securities to the shareholders, members or partners of such entity; provided,
however, that in each and any such event it shall be a condition to the Transfer that the transferee execute an agreement stating
that the transferee is receiving and holding the Restricted Securities subject to the provisions of this Lock-Up Agreement.

 

Any of the Restricted
Securities subject to this Lock-Up Agreement may be released in whole or part from the terms hereof only upon the approval of the
Committee (as defined in the Merger Agreement).

 

The undersigned hereby
authorizes Trio’s transfer agent to apply to any certificates representing Restricted Securities issued to the undersigned
the appropriate legend to reflect the existence and general terms of this Lock-up Agreement.

 

This Lock-up Agreement
will be legally binding on the undersigned and on the undersigned’s successors and permitted assigns, and is executed as
an instrument governed by the law of Delaware.

 

[Signature page follows]

 

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SIGNATURE PAGE TO THE LOCK-UP AGREEMENT

 

	 	 
	Signature	 
	 	 
	Name:	 	 

 

	Address:

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