Document:

EX-10.1

 Exhibit 10.1 

SECOND AMENDMENT TO 

LIMITED WAIVER TO CREDIT AGREEMENT 

THIS SECOND AMENDMENT TO LIMITED WAIVER TO CREDIT AGREEMENT dated as of September 13, 2017 (this “Second Amendment to Limited
Waiver”), is entered into among GLOBAL EAGLE ENTERTAINMENT INC., a Delaware corporation (the “Company”), the Guarantors identified on the signature pages hereto, the Lenders party hereto, and CITIBANK, N.A., as
administrative agent (in such capacity, the “Administrative Agent”). Capitalized terms used herein and not otherwise defined shall have the meanings ascribed thereto in the Limited Waiver described below. 

RECITALS 
 WHEREAS,
reference is made to the First Amendment and Limited Waiver to Credit Agreement, dated as of May 4, 2017 (as amended by the Amendment to First Amendment and Limited Waiver to Credit Agreement and Second Amendment to Credit Agreement, dated as
of June 29, 2017, and as otherwise amended from time to time, the “Limited Waiver”), among the Company, the Guarantors party thereto from time to time, the Administrative Agent and the Lenders party thereto; 

WHEREAS, the Loan Parties have requested that the Lenders amend certain provisions of the Limited Waiver; and 

WHEREAS, the Lenders signatory hereto, constituting the Required Lenders, are willing to agree to such amendments in accordance with
and subject to the terms and conditions set forth herein. 
 NOW, THEREFORE, in consideration of the agreements hereinafter set
forth, and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto agree as follows: 

AGREEMENT 
 1.
Amendment of Limited Waiver. Section 1(a) of the Limited Waiver is hereby amended and restated in its entirety as follows: 

“(a) Annual Financial Statements. Notwithstanding anything else to the contrary in any Loan Document, the
Administrative Agent and the Lenders party hereto hereby waive (with retroactive effect to March 31, 2017) any Default or Event of Default that has arisen or that may arise under the Credit Agreement or any other Loan Document from the failure
to deliver, by March 31, 2017, the Company’s audited annual financials for the fiscal year ended December 31, 2016, together with the related report and opinion and other items required by Section 6.01(a) of the Credit Agreement
and the Compliance Certificate relating thereto required by Section 6.02(a) of the Credit Agreement (collectively, the “Annual Financial Statement Deliverables”). The waiver in this Section 1(a) shall
remain in effect at all times from and after March 31, 2017, so long as the Annual Financial Statement Deliverables are delivered in accordance with the Credit Agreement by no later than September 30, 2017; and failure to so deliver all or
any of the Annual Financial Statement Deliverables on or prior to September 30, 2017, shall constitute an immediate Event of Default.” 

2. Reserved. 
 3.
Consent Fee. The Company agrees to pay, or cause to be paid, to the Administrative Agent, for the account of each Lender who consents to this Second Amendment to Limited Waiver by executing 

 and delivering to the Administrative Agent (or its counsel) a signature page hereto by 5:00 p.m., New York City
time, on September 13, 2017 (each such Lender, a “Consenting Lender” and, collectively, the “Consenting Lenders”), a consent fee equal to 25 basis points on the aggregate principal amount of the Revolving
Credit Commitments and Term Loans of such Consenting Lender as of the Effective Date (as defined below) (collectively, the “Consent Fees”); it being understood that (x) all Consent Fees payable to Consenting Lenders shall be
payable in full only if consents from the Required Lenders are received on the Effective Date and (y) the Company in its sole discretion may pay Consent Fees for the account of Lenders who consent to this Second Amendment to Limited Waiver
after the above specified deadline. Failure to so pay, or cause to be paid, to the Administrative Agent, for the account of each Consenting Lender, the Consent Fees on or prior to 5:00 p.m., New York City time, on September 15, 2017, shall
constitute an immediate Event of Default. 
 4. Effectiveness; Conditions Precedent. This Second Amendment to Limited Waiver shall be
effective, as of the date first above written, on the first date (the “Effective Date”) on which each of the following conditions is satisfied: 

(a) The Administrative Agent (or its counsel) shall have received from the Company, the Guarantors and the Required Lenders
either a counterpart of this Second Amendment to Limited Waiver signed on behalf of such party or evidence satisfactory to the Administrative Agent (or its counsel), which may include a facsimile transmission or other electronic transmission
(including email as .pdf or .tif attachment), that such party has signed a counterpart hereof. 
 (b) The representations and
warranties set forth in Section 6 of this Second Amendment to Limited Waiver shall be true and correct as of the date hereof. 

5. Reaffirmation. 

(a) Validity of Obligations. The Company and each other Loan Party acknowledges and agrees that, both before and after
giving effect to this Second Amendment to Limited Waiver, the Company and each other Loan Party is indebted to the Lenders for the Obligations, without defense, counterclaim or offset of any kind and the Company and each other Loan Party hereby
ratifies and reaffirms the validity, enforceability and binding nature of such Obligations. 
 (b) Validity of
Guarantees. Each Guarantor hereby confirms and agrees that, its guarantee under the Credit Agreement is, and shall continue to be, in full force and effect, and shall apply to all Obligations and such guarantee is hereby ratified and confirmed
in all respects. 
 (c) Validity of Liens and Loan Documents. The Company and each other Loan Party hereby agrees and
confirms that the Credit Agreement and each other Loan Document constitutes a legal, valid and binding obligation of the Company and each other Loan Party, in each case, to the extent party to such Loan Document, enforceable against the Company and
each other Loan Party in accordance with its terms. The Company and each other Loan Party hereby ratifies and reaffirms the validity and enforceability (without defense, counterclaim or offset of any kind) of the Liens and security interests granted
to the Administrative Agent for the benefit of the Secured Parties to secure any of the Obligations by the Company or any other Loan Party pursuant to the Loan Documents to which any of the Company or any other Loan Party is a party and hereby
confirms and agrees that notwithstanding the effectiveness of this Second Amendment to Limited Waiver, and except as expressly amended by this Second Amendment to Limited Waiver, each such Loan Document is, and shall continue to be, in full force
and effect and each is hereby ratified and confirmed in all respects, except that, on and after the effectiveness of this Second Amendment to Limited Waiver, each reference in the Loan Documents to the “Credit Agreement”, 

  
 2 

 
“thereunder”, “thereof” (and each reference in the Credit Agreement to this “Agreement”, “hereunder” or “hereof”) or words of like import shall
mean and be a reference to the Credit Agreement as amended by this Second Amendment to Limited Waiver. This Second Amendment to Limited Waiver shall constitute a “Loan Document” for purposes of the Credit Agreement. 

6. Representations and Warranties. Each Loan Party represents and warrants as follows: 

(a) Power; Authorization; Enforceable Obligations. The Company and each other Loan Party has the requisite power and
authority, and the legal right, to enter into this Second Amendment to Limited Waiver. The Company and each other Loan Party has taken all necessary corporate or other organizational action to authorize the execution, delivery and performance of
this Second Amendment to Limited Waiver. This Second Amendment to Limited Waiver constitutes a legal, valid and binding obligation of the Company and each other Loan Party signatory hereto, enforceable against the Company and each other Loan Party
in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by general equitable principles
(whether enforcement is sought by proceedings in equity or at law). 
 (b) Accuracy of Representations and Warranties.
Immediately after giving effect to this Second Amendment to Limited Waiver on the Effective Date, the representations and warranties of the Company and each other Loan Party set forth in the Loan Documents (including, for the avoidance of doubt, in
the Credit Agreement) are true and correct in all material respects on and as of the Effective Date to the same extent as though made on and as of the Effective Date, except to the extent such representations and warranties specifically relate to an
earlier date, in which case such representations and warranties were true and correct in all material respects on and as of such earlier date; provided that any representation and warranty that is qualified as to “materiality,”
“Material Adverse Effect” or similar language is true and correct (after giving effect to any qualification therein) in all respects on such respective dates. 

(c) No Default or Event of Default. As of the Effective Date, immediately after giving effect to this Second Amendment
to Limited Waiver, no Default or Event of Default exists. 
 7. Expenses. The Company agrees to pay all reasonable and documented out-of-pocket costs and expenses of the Administrative Agent in connection with the preparation, execution and delivery of this Second Amendment to Limited Waiver, including
without limitation the reasonable and documented fees and expenses of the Administrative Agent’s legal counsel, in each case, in the manner set forth in Section 10.04 of the Credit Agreement. 

8. Further Assurances. The Loan Parties agree to promptly take such action, upon the reasonable request of the Administrative Agent, as
is necessary to carry out the intent of this Second Amendment to Limited Waiver. 
 9. Counterparts. This Second Amendment to Limited
Waiver is a Loan Document. This Second Amendment to Limited Waiver may be executed by the parties hereto in any number of separate counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument.
Delivery of an executed counterpart of a signature page to this Second Amendment to Limited Waiver by fax, email or other electronic transmission (including in .pdf or .tif format) shall be effective as delivery of a manually executed counterpart of
this Second Amendment to Limited Waiver. 

  
 3 

 10. GOVERNING LAW. THIS SECOND AMENDMENT TO LIMITED WAIVER AND ANY CLAIMS, CONTROVERSY,
DISPUTE OR CAUSE OF ACTION (WHETHER IN CONTRACT OR TORT OR OTHERWISE) BASED UPON OR ARISING OUT OF THIS SECOND AMENDMENT TO LIMITED WAIVER SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK 

11. Effect of Agreement. Except as expressly set forth herein, this Second Amendment to Limited Waiver shall not by implication or
otherwise limit, impair, constitute a waiver of, or otherwise affect the rights and remedies of the Administrative Agent or the Lenders under the Credit Agreement or any other Loan Document, and shall not alter, modify, amend or in any way affect
any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other Loan Document, all of which are ratified and affirmed in all respects and shall continue in full force and effect. Nothing herein shall
be deemed to entitle any Loan Party to any other consent to, or any other waiver, amendment, modification or other change of, any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other Loan
Document in similar or different circumstances. 
 12. Successors and Assigns. This Second Amendment to Limited Waiver shall be
binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. 
 13. Consent to Jurisdiction;
Waiver of Jury Trial. The jurisdiction and waiver of jury trial provisions set forth in Sections 10.15 and 10.16 of the Credit Agreement are hereby incorporated by reference, mutatis mutandis. 

[remainder of page intentionally left blank] 

  
 4 

 IN WITNESS WHEREOF, the parties hereto have caused this Second Amendment to Limited Waiver to be
duly executed as of the date first above written. 
  

			
	GLOBAL EAGLE ENTERTAINMENT INC., as Borrower
		
	By:	 	 /s/ Paul Rainey

	Name:	 	Paul Rainey
	Title:	 	Chief Financial Officer
	
	AIRLINE MEDIA PRODUCTIONS, INC.
		
	By:	 	 /s/ Paul Rainey

	Name:	 	Paul Rainey
	Title:	 	Chief Financial Officer
	
	ENTERTAINMENT IN MOTION, INC.
		
	By:	 	 /s/ Paul Rainey

	Name:	 	Paul Rainey
	Title:	 	Chief Financial Officer
	
	GLOBAL EAGLE ENTERTAINMENT OPERATIONS SOLUTIONS, INC.
		
	By:	 	 /s/ Paul Rainey

	Name:	 	Paul Rainey
	Title:	 	Chief Financial Officer
	
	EMC INTERMEDIATE, LLC
		
	By:	 	 /s/ Paul Rainey

	Name:	 	Paul Rainey
	Title:	 	Chief Financial Officer

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	INFLIGHT PRODUCTIONS USA INC.
		
	By:	 	 /s/ Paul
Rainey                            

	Name:	 	Paul Rainey
	Title:	 	Chief Financial Officer
	
	POST MODERN EDIT, INC.
		
	By:	 	 /s/ Paul Rainey

	Name:	 	Paul Rainey
	Title:	 	Chief Financial Officer
	
	THE LAB AERO, INC.
		
	By:	 	 /s/ Paul Rainey

	Name:	 	Paul Rainey
	Title:	 	Chief Financial Officer
	
	ROW 44, INC.
		
	By:	 	 /s/ Paul Rainey

	Name:	 	Paul Rainey
	Title:	 	Chief Financial Officer
	
	N44HQ, LLC
	By: Row 44, Inc., its Sole Member
		
	By:	 	 /s/ Paul Rainey

	Name:	 	Paul Rainey
	Title:	 	Chief Financial Officer
	
	EMERGING MARKETS COMMUNICATIONS, LLC
		
	By:	 	 /s/ Paul Rainey

	Name:	 	Paul Rainey
	Title:	 	Chief Financial Officer

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	EMC ACQUISITION, LLC
		
	By:	 	 /s/ Paul
Rainey                                    

	Name:	 	Paul Rainey
	Title:	 	Chief Financial Officer
	
	SCISCO PARENT, INC.
		
	By:	 	 /s/ Paul Rainey

	Name:	 	Paul Rainey
	Title:	 	Chief Financial Officer
	
	SEAMOBILE INC.
		
	By:	 	 /s/ Paul Rainey

	Name:	 	Paul Rainey
	Title:	 	Chief Financial Officer
	
	MARITEL HOLDINGS, INC.
		
	By:	 	 /s/ Paul Rainey

	Name:	 	Paul Rainey
	Title:	 	Chief Financial Officer
	
	MARITIME TELECOMMUNICATIONS NETWORK, INC.
		
	By:	 	 /s/ Paul Rainey

	Name:	 	Paul Rainey
	Title:	 	Chief Financial Officer
	
	MTN GOVERNMENT SERVICES, INC.
		
	By:	 	 /s/ Paul Rainey

	Name:	 	Paul Rainey
	Title:	 	Chief Financial Officer

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	MTN LICENSE CORP.
		
	By:	 	 /s/ Paul Rainey

	Name:	 	Paul Rainey
	Title:	 	Chief Financial Officer
	
	EMC-JV HOLDCO LLC
		
	By:	 	 /s/ Paul Rainey

	Name:	 	Paul Rainey
	Title:	 	Chief Financial Officer

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	CITIBANK,N.A., as Administrative Agent, L/C Issuer, Swing Line Lender and Lender
		
	By:	 	 /s/ Sigrid M. Nubla

	Name:	 	Sigrid M. Nubla
	Title:	 	SVP

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	MARATHON CLO IX LTD., as a Lender
	By: MARATHON ASSET MANAGEMENT, L.P.as Portfolio Manager
		
	By:	 	 /s/ Louis Hanover

	Name:	 	Louis Hanover
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Marathon CLO VI, Ltd., as a Lender
		
	By:	 	 /s/ Louis Hanover

	Name:	 	Louis Hanover
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	MARATHON CLO VII LTD., as a Lender
		
	By:	 	 /s/ Louis Hanover

	Name:	 	Louis Hanover
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Marathon CLO VIII Ltd., as a Lender
		
	By:	 	 /s/ Louis Hanover

	Name:	 	Louis Hanover
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Bank of America, N.A., as Lender
		
	By:	 	 /s/ Ryan Pennetti

	Name:	 	Ryan Pennetti
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Bower 1 LLC , as a Lender
	By: Citibank, N.A.,
		
	By:	 	 /s/ Mitesh Bhakta

	Name:	 	Mitesh Bhakta
	Title:	 	Associate Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Vector Trading (Cayman), LP, as Lender
		
	By:	 	 /s/ James Murray

	Name:	 	James Murray
	Title:	 	Authorized Person

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	VC4 Debt Investments (US) LLC, as Lender
		
	By:	 	 /s/ James Murray

	Name:	 	James Murray
	Title:	 	Authorized Person

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	CITIZENS BANK, N.A., as Lender
		
	By:	 	 /s/ Ryan Goodband

	Name:	 	Ryan Goodband
	Title:	 	Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	BNPP IP CLO 2014-I, Ltd., as Lender
		
	By:	 	 /s/ Vanessa Ritter

	Name:	 	Vanessa Ritter
	Title:	 	Portfolio Manager

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	BNPP IP CLO 2014-II, Ltd., as Lender
		
	By:	 	 /s/ Vanessa Ritter

	Name:	 	Vanessa Ritter
	Title:	 	Portfolio Manager

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Empyrean Investments, LLC, as Lender
		
	By:	 	 /s/ C. Martin Meekins

	Name:	 	C. Martin Meekins
	Title:	 	Authorized Person

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	BlackRock Credit Alpha Master Fund L.P.
	By: BlackRock Financial Management Inc., in its capacity as investment advisor, as lender
		
	By:	 	 /s/ Gina Forziati

	Name:	 	Gina Forziati
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	BlackRock Multi-Strategy Master Fund Limited
	By: BlackRock Institutional Trust Company, N.A.,
Its Investment Manager, as lender
		
	By:	 	 /s/ Gina Forziati

	Name:	 	Gina Forziati
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	CA 534 Offshore Fund, Ltd
	By: BlackRock Financial Management, Inc., in its capacity as investment advisor, as lender
		
	By:	 	 /s/ Gina Forziati

	Name:	 	Gina Forziati
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	The Obsidian Master Fund
	By: BlackRock Financial Management, Inc., its Investment Advisor, as lender
		
	By:	 	 /s/ Gina Forziati

	Name:	 	Gina Forziati
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Mercer Multi-Asset Growth Fund, as Lender
		
	By:	 	 /s/ Alex Guang Yu

	Name:	 	Alex Guang Yu
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Nebraska Investment Council, as Lender
		
	By:	 	 /s/ Alex Guang Yu

	Name:	 	Alex Guang Yu
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Kansas Public Employees Retirement System, as Lender
		
	By:	 	 /s/ Alex Guang Yu

	Name:	 	Alex Guang Yu
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Franklin US Floating Rate Plus Master Fund, as Lender
		
	By:	 	 /s/ Alex Guang Yu

	Name:	 	Alex Guang Yu
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Franklin Templeton Series II Funds - Franklin Floating Rate II Fund, as Lender
		
	By:	 	 /s/ Madeline Lam

	Name:	 	Madeline Lam
	Title:	 	Asst. Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Franklin Floating Rate Master Trust - Franklin Floating Rate Master Series, as Lender
		
	By:	 	 /s/ Madeline Lam

	Name:	 	Madeline Lam
	Title:	 	Asst. Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Franklin Investors Securities Trust - Franklin Floating Rate Daily Access Fund, as Lender
		
	By:	 	 /s/ Madeline Lam

	Name:	 	Madeline Lam
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Franklin Floating Rate Master Trust - Franklin Lower Tier Floating Rate Fund, as Lender
		
	By:	 	 /s/ Alex Guang Yu

	Name:	 	Alex Guang Yu
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Franklin Floating Rate Master Trust - Franklin Middle Tier Floating Rate Fund, as Lender
		
	By:	 	 /s/ Alex Guang Yu

	Name:	 	Alex Guang Yu
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	 NPB Manager Fund SPC - Segregated Portfolio 102,

as Lender

		
	By:	 	 /s/ Qazi Manirul Alam

	Name:	 	Qazi Manirul Alam
	Title:	 	CEO/CIO of Investment Subadvisor

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	 SDP Flagship Master Fund L.P.,
 as
Lender

		
	By:	 	 /s/ Qazi Manirul Alam

	Name:	 	Qazi Manirul Alam
	Title:	 	CEO/CIO of Investment Subadvisor

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	 NPB Manager Fund, SPC - Segregated Portfolio 103,

as Lender

		
	By:	 	 /s/ Qazi Manirul Alam

	Name:	 	Qazi Manirul Alam
	Title:	 	CEO/CIO of Investment Subadvisor

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	FRANKLIN CUSTODIAN FUNDS - FRANKLIN INCOME FUND, as Lender
		
	By:	 	 /s/ Richard Hsu

	Name:	 	Richard Hsu
	Title:	 	Vice President, Franklin Advisers

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	SIC JV SPV FUNDING I LLC
	a Delaware limited liability company
		
	By:	 	SIERRA SENIOR LOAN STRATEGY JV I LLC, a Delaware limited liability company, its Designated Manager
		
	By:	 	 /s/ Christopher M. Mathieu

	Name:	 	Christopher M. Mathieu
	Title:	 	Authorized Person

  
 [Signature Page to Second
Amendment to Limited Waiver to Global Eagle Entertainment Credit Agreement] 

 
			
	MCC JV SPV FUNDING I LLC
	a Delaware limited liability company
		
	By:	 	MCC SENIOR LOAN STRATEGY JV I LLC, a Delaware limited liability company, its Designated Manager
		
	By:	 	 /s/ Richard T. Allorto, Jr.

	Name:	 	Richard T. Allorto, Jr.
	Title:	 	Authorized Person

  
 [Signature Page to Second
Amendment to Limited Waiver to Global Eagle Entertainment Credit Agreement] 

 
			
	MEDLEY CREDIT STRATEGIES (KOC) LLC
	a Delaware limited liability company
		
	By:	 	Medley SMA Advisors LLC, a Delaware limited liability company, its Designated Manager
		
	By:	 	 /s/ Richard T. Allorto, Jr.

	Name:	 	Richard T. Allorto, Jr.
	Title:	 	Chief Financial Office

  
 [Signature Page to Second
Amendment to Limited Waiver to Global Eagle Entertainment Credit Agreement] 

 
			
	Ocean Trails CLO IV, as Lender
		
	By:	 	Five Arrows Managers North America LLC as Asset Manager
		
	By:	 	 /s/ Ryan White

	Name:	 	Ryan White
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Ocean Trails CLO V, as Lender
		
	By:	 	Five Arrows Managers North America LLC as Asset Manager
		
	By:	 	 /s/ Ryan White

	Name:	 	Ryan White
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Ocean Trails CLO VI, as Lender
		
	By:	 	Five Arrows Managers North America LLC as Asset Manager
		
	By:	 	 /s/ Ryan White

	Name:	 	Ryan White
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	AXA IM Paris SA, for and on behalf of
	 ALLEGRO CLO I, Ltd
 as
Lender

		
	By:	 	 /s/ Matthieu Martin

	Name:	 	Matthieu Martin
	Title:	 	Senior Trader

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	AXA IM Paris SA, for and on behalf of
	 ALLEGRO CLO II, Ltd
 as
Lender

		
	By:	 	 /s/ Matthieu Martin

	Name:	 	Matthieu Martin
	Title:	 	Senior Trader

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	AXA IM Paris SA, for and on behalf of
	 ALLEGRO CLO III, Ltd
 as
Lender

		
	By:	 	 /s/ Matthieu Martin

	Name:	 	Matthieu Martin
	Title:	 	Senior Trader

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	AXA IM Paris SA, for and on behalf of
	 ALLEGRO CLO IV, Ltd
 as
Lender

		
	By:	 	 /s/ Matthieu Martin

	Name:	 	Matthieu Martin
	Title:	 	Senior Trader

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	AXA IM Paris SA, for and on behalf of
	 AXA UK Leveraged Loans Fund
 as
Lender

		
	By:	 	 /s/ Matthieu Martin

	Name:	 	Matthieu Martin
	Title:	 	Senior Trader

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	AXA IM Paris SA, for and on behalf of
	FCP Columbus Diversified Leveraged Loans Fund as Lender
		
	By:	 	 /s/ Matthieu Martin

	Name:	 	Matthieu Martin
	Title:	 	Senior Trader

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	AXA IM Paris SA, for and on behalf of
	 FCP Columbus Global Debt Fund
 as
Lender

		
	By:	 	 /s/ Matthieu Martin

	Name:	 	Matthieu Martin
	Title:	 	Senior Trader

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	AXA IM Paris SA, for and on behalf of
	 AXA Germany Leveraged Loans Fund
 as
Lender

		
	By:	 	 /s/ Matthieu Martin

	Name:	 	Matthieu Martin
	Title:	 	Senior Trader

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	AXA IM Paris SA, for and on behalf of
	 Matignon Loans Fund
 as
Lender

		
	By:	 	 /s/ Matthieu Martin

	Name:	 	Matthieu Martin
	Title:	 	Senior Trader

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	AXA IM Paris SA, for and on behalf of
	 Matignon Loans Iard Fund
 as
Lender

		
	By:	 	 /s/ Matthieu Martin

	Name:	 	Matthieu Martin
	Title:	 	Senior Trader

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	JMP CREDIT ADVISORS CLO III LTD.
	By:	 	JMP Credit Advisors LLC, As
Attorney-in-Fact
		
	By:	 	 /s/ Shawn S. O’Leary

	Name:	 	Shawn S. O’Leary
	Title:	 	Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	JMP CREDIT ADVISORS CLO IV LTD.
	By:	 	JMP Credit Advisors LLC, As
Attorney-in-Fact
		
	By:	 	 /s/ Shawn S. O’Leary

	Name:	 	Shawn S. O’Leary
	Title:	 	Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Kingsland VI, as a Lender
	By:	 	Kingsland Capital Management, LLC as Manager
		
	By:	 	 /s/ Katherine Kim

	Name:	 	Katherine Kim
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Kingsland VII, as a Lender
	By:	 	Kingsland Capital Management, LLC as Manager
		
	By:	 	 /s/ Katherine Kim

	Name:	 	Katherine Kim
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	AMMC CLO 15, LIMITED, as a Lender
	BY:	 	American Money Management Corp., as Collateral Manager
		
	By:	 	 /s/ David P. Meyer

	Name:	 	David P. Meyer
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	AMMC CLO 16, LIMITED, as a Lender
	By:	 	American Money Management Corp., as Collateral Manager
		
	By:	 	 /s/ David. P. Meyer

	Name:	 	David P. Meyer
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	AMMC CLO 17, LIMITED, as a Lender
	By:	 	American Money Management Corp., as Collateral Manager
		
	By:	 	 /s/ David P. Meyer

	Name:	 	David P. Meyer
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	AMMC CLO 18, LIMITED, as a Lender
	By:	 	American Money Management Corp., as Collateral Manager
		
	By:	 	 /s/ David Meyer

	Name:	 	David Meyer
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	AMMC CLO 19, LIMITED, as a Lender
	By:	 	American Money Management Corp., as Collateral Manager
		
	By:	 	 /s/ David Meyer

	Name:	 	David Meyer
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	AMMC CLO 20, LIMITED, as a Lender
	By:	 	American Money Management Corp., as Collateral Manager
		
	By:	 	 /s/ David Meyer

	Name:	 	David Meyer
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	AMMC CLO XIII, LIMITED, as a Lender
	By:	 	American Money Management Corp., as Collateral Manager
		
	By:	 	 /s/ David P. Meyer

	Name:	 	David P. Meyer
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	AMMC CLO XIV, LIMITED, as a Lender
		
	By:	 	 /s/ David P. Meyer

	Name:	 	David P. Meyer
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Carlyle Global Market Strategies CLO 2012-3, Ltd., as a Lender
		
	By:	 	 /s/ Linda Pace

	Name:	 	Linda Pace
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Carlyle Global Market Strategies CLO 2012-4, Ltd., as a Lender
		
	By:	 	 /s/ Linda Pace

	Name:	 	Linda Pace
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Carlyle Global Market Strategies CLO 2013-1, Ltd., as a Lender
		
	By:	 	 /s/ Linda Pace

	Name:	 	Linda Pace
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Carlyle Global Market Strategies CLO 2013-4, Ltd., as a Lender

 
			
		
	By:	 	 /s/ Linda Pace

	Name:	 	Linda Pace
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Carlyle Global Market Strategies CLO 2014-1, Ltd., as a Lender
		
	By:	 	 /s/ Linda Pace

	Name:	 	Linda Pace
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Carlyle Global Market Strategies CLO 2014-2, Ltd., as a Lender
		
	By:	 	 /s/ Linda Pace

	Name:	 	Linda Pace
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Carlyle Global Market Strategies CLO 2014-3, Ltd., as a Lender
		
	By:	 	 /s/ Linda Pace

	Name:	 	Linda Pace
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Carlyle Global Market Strategies CLO 2014-4, Ltd., as a Lender
		
	By:	 	 /s/ Linda Pace

	Name:	 	Linda Pace
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Carlyle Global Market Strategies CLO 2014-5, Ltd., as a Lender
		
	By:	 	 /s/ Linda Pace

	Name:	 	Linda Pace
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Carlyle Global Market Strategies CLO 2015-1, Ltd., as a Lender
		
	By:	 	 /s/ Linda Pace

	Name:	 	Linda Pace
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Carlyle Global Market Strategies CLO 2015-2, Ltd., as a Lender
		
	By:	 	 /s/ Linda Pace

	Name:	 	Linda Pace
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Carlyle Global Market Strategies CLO 2015-3, Ltd., as a Lender
		
	By:	 	 /s/ Linda Pace

	Name:	 	Linda Pace
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Carlyle Global Market Strategies CLO 2015-4, Ltd., as a Lender
		
	By:	 	 /s/ Linda Pace

	Name:	 	Linda Pace
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Carlyle Global Market Strategies CLO 2015-5, Ltd., as a Lender
		
	By:	 	 /s/ Linda Pace

	Name:	 	Linda Pace
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Carlyle Global Market Strategies CLO 2016-1, Ltd., as a Lender
		
	By:	 	 /s/ Linda Pace

	Name:	 	Linda Pace
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Carlyle Global Market Strategies CLO 2016-2 Ltd., as a Lender
		
	By:	 	 /s/ Linda Pace

	Name:	 	Linda Pace
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Carlyle Global Market Strategies CLO 2016-3, Ltd., as a Lender
		
	By:	 	 /s/ Linda Pace

	Name:	 	Linda Pace
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Carlyle US CLO 2016-4, Ltd., as a Lender
		
	By:	 	 /s/ Linda Pace

	Name:	 	Linda Pace
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Carlyle US CLO 2017-1, Ltd., as a Lender
		
	By:	 	 /s/ Linda Pace

	Name:	 	Linda Pace
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Carlyle US CLO 2017-2, Ltd., as a Lender
		
	By:	 	 /s/ Linda Pace

	Name:	 	Linda Pace
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Carlyle US CLO 2017-3 Ltd., as a Lender
		
	By:	 	 /s/ Linda Pace

	Name:	 	Linda Pace
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	TRALEE CLO II, LTD , as a Lender
	By:	 	Par-Four Investment Management, LLC As Collateral Manager
		
	By:	 	 /s/ Dennis Gorczyca

	Name:	 	Dennis Gorczyca
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	TRALEE CLO III, LTD., as a Lender
	By:	 	Par-Four Investment Management, LLC As Collateral Manager
		
	By:	 	 /s/ Dennis Gorczyca

	Name:	 	Dennis Gorczyca
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	 MACQUARIE CAPITAL FUNDING LLC,
 as
Lender

		
	By:	 	 /s/ Mini Shih

	Name:	 	Mini Shih
	Title:	 	Authorized Signatory
		
	By:	 	 /s/ Ayesha Farooqi

	Name:	 	Ayesha Farooqi
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	VENTURE XII CLO, Limited, as a Lender
	BY:	 	its investment advisor MJX Venture Management LLC
		
	By:	 	 /s/ Michael Regan

	Name:	 	Michael Regan
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	VENTURE XIII CLO, Limited, as a Lender
	BY:	 	its Investment Advisor MJX Asset Management LLC
		
	By:	 	 /s/ Michael Regan

	Name:	 	Michael Regan
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	VENTURE XIV CLO, Limited, as a Lender
	By:	 	its investment advisor MJX Asset Management LLC
		
	By:	 	 /s/ Michael Regan

	Name:	 	Michael Regan
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	VENTURE XV CLO, Limited, as a Lender
	By:	 	its investment advisor MJX Asset Management LLC
		
	By:	 	 /s/ Michael Regan

	Name:	 	Michael Regan
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	VENTURE XVI CLO, Limited, as a Lender
	By:	 	its investment advisor MJX Asset Management LLC
		
	By:	 	 /s/ Michael Regan

	Name:	 	Michael Regan
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Venture XVIII CLO, Limited, as a Lender
	By:	 	its investment advisor MJX Asset Management LLC
		
	By:	 	 /s/ Michael Regan

	Name:	 	Michael Regan
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Venture XXI CLO, Limited, as a Lender
	By:	 	its investment advisor MJX Asset Management LLC
		
	By:	 	 /s/ Michael Regan

	Name:	 	Michael Regan
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Venture XXIII CLO, Limited, as a Lender
	By:	 	its investment advisor MJX Asset Management LLC
		
	By:	 	 /s/ Michael Regan

	Name:	 	Michael Regan
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	American Beacon Sound Point Floating Rate Income Fund, a series of American Beacon Funds, as a Lender
	By:	 	Sound Point Capital Management, LP as
Sub-Advisor
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Cavello Bay Reinsurance Limited, as a Lender
	By:	 	Sound Point Capital Management, LP as Manager
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Commonwealth of Pennsylvania, Treasury Department , as a Lender
	BY:	 	Sound Point Capital Management, LP as Investment Advisor
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Commonwealth of Pennsylvania, Treasury Department - Tuition Account Program , as a Lender
	BY:	 	Sound Point Capital Management, LP as Investment Advisor
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Kaiser Foundation Hospitals, as a Lender
	By:	 	Sound Point Capital Management, LP as Manager
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Kaiser Permanente Group Trust, as a Lender
	By:	 	Sound Point Capital Management, LP as Manager
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Privilege Underwriters Reciprocal Exchange, as a Lender
	By:	 	Sound Point Capital Management, LP as Manager
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	PURE Insurance Company, as a Lender
	By:	 	Sound Point Capital Management, LP as Manager
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Sound Point CLO III, Ltd, as a Lender
	BY:	 	Sound Point Capital Management, LP as Collateral Manager
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Sound Point CLO IV, Ltd, as a Lender
	BY:	 	Sound Point Capital Management, LP as Collateral Manager
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Sound Point CLO IX, Ltd., as a Lender
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Sound Point CLO V, Ltd., as a Lender
	BY:	 	Sound Point Capital Management, LP as Collateral Manager
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Sound Point CLO VI, Ltd., as a Lender
	BY:	 	Sound Point Capital Management, LP as Collateral Manager
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Sound Point CLO VII, Ltd., as a Lender
	BY:	 	Sound Point Capital Management, LP as Collateral Manager
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Sound Point CLO VIII, Ltd., as a Lender
	BY:	 	Sound Point Capital Management, LP as Collateral Manager
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Sound Point CLO X, Ltd., as a Lender
	By:	 	Sound Point Capital Management, LP as Collateral Manager
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Sound Point CLO XI, Ltd., as a Lender
	By:	 	Sound Point Capital Management, LP as Collateral Manager
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Sound Point CLO XII, Ltd., as a Lender
	By:	 	Sound Point Capital Management, LP as Collateral Manager
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Sound Point CLO XIV, Ltd., as a Lender
	By:	 	Sound Point Capital Management, LP as Collateral Manager
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Sound Point CLO XV, Ltd, as a Lender
	By:	 	Sound Point Capital Management, LP as Collateral Manager
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Sound Point Senior Floating Rate Master Fund, L.P., as a Lender
	BY:	 	Sound Point Capital Management, LP as Investment Advisor
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Teamsters Pension Trust Fund of Philadelphia & Vicinity, as a Lender
	BY:	 	Sound Point Capital Management, LP as Investment Advisor
		
	By:	 	 /s/ Andrew Wright

	Name:	 	Andrew Wright
	Title:	 	Authorized Signatory

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Venture XVII CLO Limited, as a Lender
	BY:	 	its investment advisor, MJX Asset Management, LLC
		
	By:	 	 /s/ Michael Regan

	Name:	 	Michael Regan
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Venture XXII CLO, Limited, as a Lender
	By:	 	its investment advisor
	MJX Venture Management LLC
		
	By:	 	 /s/ Michael Regan

	Name:	 	Michael Regan
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Venture XXVI CLO, Limited, as a Lender
	By:	 	its investment advisor
	MJX Venture Management LLC
		
	By:	 	 /s/ Michael Regan

	Name:	 	Michael Regan
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Arch Street CLO, Ltd., as a Lender
		
	By:	 	 /s/ Scott D’Orsi

	Name:	 	Scott D’Orsi
	Title:	 	Portfolio Manager

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Staniford Street CLO, Ltd., as a Lender
		
	By:	 	 /s/ Scott D’Orsi

	Name:	 	Scott D’Orsi
	Title:	 	Portfolio Manager

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	AGF Floating Rate Income Fund, as Lender
	By:	 	Eaton Vance Management as Investment Advisor
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Eaton Vance CLO 2013- 1 LTD, as Lender
	By:	 	Eaton Vance Management as Portfolio Manager
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Eaton Vance CLO 2014-1 Ltd, as Lender
	By:	 	Eaton Vance Management Portfolio Manager
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Eaton Vance CLO 2015-1 Ltd, as Lender
	By:	 	Eaton Vance Management Portfolio Manager
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	DaVinci Reinsurance Ltd., as Lender
	By:	 	Eaton Vance Management as Investment Advisor
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Eaton Vance Floating-Rate Income Plus Fund, as Lender
	By:	 	Eaton Vance Management as Investment Advisor
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Eaton Vance Senior Floating-Rate Trust, as Lender
	By:	 	Eaton Vance Management as Investment Advisor
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Eaton Vance Floating-Rate Income Trust, as Lender
	By:	 	Eaton Vance Management as Investment Advisor
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Eaton Vance International (Cayman Islands)
Floating-Rate Income Portfolio, as Lender
	By:	 	Eaton Vance Management as Investment Advisor
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Eaton Vance Senior Income Trust, as Lender
	By:	 	Eaton Vance Management as Investment Advisor
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Eaton Vance Short Duration Diversified Income Fund, as Lender
	By:	 	Eaton Vance Management as Investment Advisor
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Eaton Vance Institutional Senior Loan Fund, as Lender
	By:	 	Eaton Vance Management as Investment Advisor
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Eaton Vance Limited Duration Income Fund, as Lender
	By:	 	Eaton Vance Management as Investment Advisor
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Eaton Vance Floating Rate Portfolio, as Lender
	By:	 	Boston Management and Research as Investment Advisor
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Eaton Vance US Loan Fund 2016 a Series Trust of Global Cayman Investment Trust, as Lender
	By:	 	Eaton Vance Management as Investment Advisor
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Brighthouse Funds Trust I - Brighthouse/Eaton Vance Floating Rate Portfolio, as Lender
	By:	 	Eaton Vance Management, as Investment Sub-Advisor
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Florida Power & Light Company, as Lender
	By:	 	Eaton Vance Management as Investment Advisor
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Pacific Select Fund - Floating Rate Loan Portfolio, as Lender
	By:	 	Eaton Vance Management as Investment
Sub-Advisor
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Eaton Vance Bank Loan Fund Series II
	a Series Trust of Multi Manager Global Investment Trust, as Lender
	By:	 	Eaton Vance Management as Investment Advisor
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Eaton Vance Loan Fund Series III
	a Series Trust of Multi Manager Global Investment Trust, as Lender
	By:	 	Eaton Vance Management, as Investment Advisor
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Renaissance Investment Holdings Ltd., as Lender
	By:	 	Eaton Vance Management as Investment Advisor
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Columbia Funds Variable Series Trust II-Variable Portfolio-Eaton Vance Floating Rate Income Fund, as Lender
	By:	 	Eaton Vance Management as Investment
Sub-Advisor
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Senior Debt Portfolio, as Lender
	By:	 	Boston Management and Research as Investment Advisor
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Eaton Vance VT Floating-Rate Income Fund, as Lender
	By:	 	Eaton Vance Management as Investment Advisor
		
	By:	 	 /s/ Michael B. Botthof

	Name:	 	Michael B. Botthof
	Title:	 	Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	MONROE CAPITAL MML CLO 2016-1, LTD.
		
	By:	 	Monroe Capital Management LLC, as Collateral Manager Attorney-in Fact, as Lender
		
	By:	 	 /s/ Jeff Williams

	Name:	 	Jeff Williams
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	MONROE CAPITAL CLO 2014-1, LTD.
		
	By:	 	MONROE CAPITAL MANAGEMENT LLC, as Asset Manager and attorney-in Fact, as Lender
		
	By:	 	 /s/ Jeff Williams

	Name:	 	Jeff Williams
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	ALJ Global Loan Fund 2016 A SERIES TRUST OF MULTIMANAGER GLOBAL INVESTMENT TRUST, as a Lender
		
	By:	 	 /s/ Thomas Frangione

	Name:	 	Thomas Frangione
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	BNY Mellon Global High Yield Bond Fund, as a Lender
	by Alcentra NY, LLC the investment manager
		
	By:	 	 /s/ Thomas Frangione

	Name:	 	Thomas Frangione
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Collective Trust High Yield Fund, as a Lender
	By:	 	Alcentra NY, LLC, as investment manager
		
	By:	 	 /s/ Thomas Frangione

	Name:	 	Thomas Frangione
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Dreyfus/Laurel Fund Trust-Dreyfus High Yield Fund, as a Lender
	By:	 	Alcentra NY, LLC, as investment advisor
		
	By:	 	 /s/ Thomas Frangione

	Name:	 	Thomas Frangione
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Global-Loan SV S.a.r.l., as a Lender
	Executed by Alcentra Limited as Portfolio Manager, and Alcentra NY, LLC as Sub-Manager, for and on behalf of Global-Loan SV Sarl
		
	By:	 	 /s/ Thomas Frangione

	Name:	 	Thomas Frangione
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Multi-Credit SV S.a.r.l., as a Lender
		
	By:	 	 /s/ Thomas Frangione

	Name:	 	Thomas Frangione
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Shackleton 2013-III CLO, Ltd., as a Lender
	BY:	 	Alcentra NY, LLC, as investment advisor
		
	By:	 	 /s/ Thomas Frangione

	Name:	 	Thomas Frangione
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Shackleton 2013-IV CLO, LTD, as a Lender
	BY:	 	Alcentra NY, LLC, as its Collateral Manager
		
	By:	 	 /s/ Thomas Frangione

	Name:	 	Thomas Frangione
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Shackleton 2014-V CLO, Ltd., as a Lender
		
	By:	 	 /s/ Thomas Frangione

	Name:	 	Thomas Frangione
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Shackleton 2014-VI CLO, Ltd., as a Lender
	BY:	 	Alcentra NY, LLC, as its Collateral Manager
		
	By:	 	 /s/ Thomas Frangione

	Name:	 	Thomas Frangione
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Shackleton 2015-VII CLO, Ltd., as a Lender
	BY:	 	Alcentra NY, LLC, as its Collateral Manager
		
	By:	 	 /s/ Thomas Frangione

	Name:	 	Thomas Frangione
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Shackleton 2015-VIII CLO, Ltd., as a Lender
		
	By:	 	 /s/ Thomas Frangione

	Name:	 	Thomas Frangione
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Shackleton 2016-IX CLO, Ltd, as a Lender
	by:	 	Alcentra NY, LLC, as its Collateral Manager
		
	By:	 	 /s/ Thomas Frangione

	Name:	 	Thomas Frangione
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Shackleton 2017-X CLO, Ltd, as a Lender by Alcentra NY, LLC, as its Collateral Manager
		
	By:	 	 /s/ Thomas Frangione

	Name:	 	Thomas Frangione
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	The Dreyfus/Laurel Funds, Inc. - Dreyfus Floating Rate Income Fund, as a Lender
	By:	 	Alcentra NY, LLC, as its investment advisor
		
	By:	 	 /s/ Thomas Frangione

	Name:	 	Thomas Frangione
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	US Loan SV S.a.r.l., as a Lender
		
	By:	 	 /s/ Thomas Frangione

	Name:	 	Thomas Frangione
	Title:	 	Senior Vice President

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	Venture 28A CLO Limited, as a Lender
	By:	 	its investment advisor
	MJX Venture Management II LLC
		
	By:	 	 /s/ Michael Regan

	Name:	 	Michael Regan
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	VENTURE XIX CLO, Limited, as a Lender
	By:	 	its investment advisor
	MJX Asset Management LLC
		
	By:	 	 /s/ Michael Regan

	Name:	 	Michael Regan
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	VENTURE XX CLO, Limited, as a Lender
	By:	 	its investment advisor
	MJX Asset Management LLC
		
	By:	 	 /s/ Michael Regan

	Name:	 	Michael Regan
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	VENTURE XXIV CLO, Limited, as a Lender
	By:	 	its investment advisor
	MJX Asset Management LLC
		
	By:	 	 /s/ Michael Regan

	Name:	 	Michael Regan
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	VENTURE XXIX CLO, Limited, as a Lender
	By:	 	its investment advisor
	MJX Asset Management II LLC
		
	By:	 	 /s/ Michael Regan

	Name:	 	Michael Regan
	Title:	 	Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	CBAM Funding 2016-1 LLC, as Lender
		
	By:	 	/s/ John H. Garrett
		 	Name: John H. Garrett
		 	Title: Managing Director

  
 [Signature Page to Second
Amendment to Limited Waiver to GEE Credit Agreement] 

 
			
	BARCLAYS BANK PLC, as Lender
		
	By:	 	/s/ May Huang
		 	 Name: May Huang
 Title: Assistant Vice
President

 [Signature Page to Second Amendment to Limited Waiver to GEE Credit Agreement]EX-10.1

 Exhibit 10.1 

AMENDMENT NO. 2 
 TO

 TERM LOAN AND SECURITY AGREEMENT 

This AMENDMENT NO. 2 TO TERM LOAN AND SECURITY AGREEMENT (this “Second Amendment”), dated effective as of September 8,
2017, is entered into among SAExploration Holdings, Inc., a Delaware corporation (“Borrower”), the Guarantors party hereto, the Lenders party hereto, and Delaware Trust Company, as Administrative Agent and Collateral Agent (in such
capacities, the “Agent”), and amends the Term Loan and Security Agreement dated as of June 29, 2016 (as amended by Amendment No. 1, dated as of October 24, 2016, the “Term Loan Agreement”), entered
into among the Borrower, Guarantors, Lenders party thereto, and Agent. Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to them in the Term Loan Agreement. 

W I T N E S S E T H: 
 WHEREAS,
the Borrower has requested that the Lenders agree to amend the Term Loan Agreement in certain respects, including to extend the Maturity Date with respect to all Term Loans other than the Residual Loans (as defined herein); 

WHEREAS, each Lender party hereto (which collectively constitute all of the Lenders) desires to amend the Agreement to effect the changes and
other provisions described below, in each case, on the terms and conditions described herein; and 
 WHEREAS, Section 15.1 of the
Agreement provides that the Term Loan Agreement may be amended, modified and waived from time to time in accordance with the terms thereof. 

NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration (the receipt and sufficiency of which is hereby
acknowledged), the parties hereto hereby agree as follows: 
  

	 	1.	Amendments. 

 (a) Section 1.1 of the Term Loan Agreement is hereby amended by
adding the following defined terms in correct alphabetical order: 
 “Applicable Premium” means, with respect to any Advance
(other than Residual Loans) on the Applicable Premium Date: 
  

	 	(x)	the present value at such Applicable Premium Date of (i) the principal amount of such Advance being paid or repaid on said date plus (ii) all required interest payments due on such Advance being paid or
repaid through the Maturity Date (but without giving effect to the Springing Maturity Date), but excluding accrued but unpaid interest to such Applicable Premium Date, computed using a discount rate equal to the Treasury Rate as of such Applicable
Premium Date plus 15 basis points; over 

	 	(y)	the principal amount of such Advance being paid or repaid on said date. 

 “Applicable
Premium Date” has the meaning specified in Section 2.5(f). 
 “Call Premium” means on any Call Premium
Date, a fee in an amount equal to (i) 0% for the six month period beginning on the Second Amendment Effective Date to, but not including, February 8, 2018, (ii) 1% for the succeeding six month period beginning on February 8,
2018, to, but not including, August 8, 2018, and (iii) 2% for the period beginning on August 8, 2018, and thereafter to, but not including, the Maturity Date, in each case, multiplied by the principal amount of the Advances subject to
repayment or redemption on the Call Premium Date. 
 “Call Premium Date” has the meaning specified in
Section 2.4(b). 
 “Exit Fee” has the meaning assigned to such term in the Second Amendment. 

“Deferred Put Amount” has the meaning assigned to such term in the Second Amendment. 

“Initial Put Amount” has the meaning assigned to such term in the Second Amendment. 

“Residual Loans” shall mean the Advances identified on Schedule 1 attached to the Second Amendment. 

“Second Amendment” means Amendment No. 2 to the Term Loan and Security Agreement, dated as of the Second Amendment
Effective Date, among the Borrower, the Guarantors party thereto, the Lenders party thereto, and the Agent. 
 “Second Amendment
Effective Date” means September 8, 2017, subject to the satisfaction of the conditions to effectiveness set forth in paragraph 2 of the Second Amendment. 

“Springing Maturity Date” has the meaning assigned to such term in Section 2.5(a). 

“Treasury Rate” means, as of any Applicable Premium Date, the yield to maturity as of such Applicable Premium Date of United
States Treasury securities with a constant maturity (as compiled and published in the most recent Federal Reserve Statistical Release H.15(519) that has become publicly available at least two Business Days prior to the Applicable Premium Date (or,
if such Statistical Release is no longer published, any publicly available source of similar market data)) most nearly equal to the period from the Applicable Premium Date to the Maturity Date; provided, however, that if the then
remaining term of the Advance to the Maturity Date is not equal to the constant maturity of a United States Treasury security for which a weekly average yield is given, the Treasury Rate shall be obtained by linear interpolation (calculated to the
nearest one-twelfth of a year) from the weekly average yields of United States Treasury securities for which such yields are given, and provided, further, that if the period from the Applicable Premium Date to the Maturity Date is less than one
year, the weekly average yield on actually traded United States Treasury securities adjusted to a constant maturity of one year shall be used. 

(b) Section 1.1 of the Term Loan Agreement is hereby amended by adding after the reference to “ten percent (10%) per
year” in the definition of “Interest Rate” the words “until the Second Amendment Effective Date, ten and one-half percent (10.5%) per year 

  
 2 

 
for the six month period beginning on the Second Amendment Effective Date to, but not including, February 8, 2018, eleven and one-half percent (11.5%) per year for the succeeding six
month period beginning on February 8, 2018, to, but not including, August 8, 2018, and twelve and one-half percent (12.5%) per year for the period beginning on August 8, 2018 and thereafter; provided that the Residual
Loans shall continue to accrue interest at a rate of ten percent (10%) per year on and after the Second Amendment Effective Date until such Residual Loans have been paid in full.” 

(c) Section 2.4(b) of the Term Loan Agreement shall be amended by (x) adding the words, “other than as provided in the next
sentence, in Section 2.5(e) and in Section 2.12 hereof” before the period at the end of the first sentence thereof and (y) inserting the following after the first sentence thereof: “The Borrower may also prepay the principal
amount of the Advances within five (5) Business Days of receipt of any Net Issuance Proceeds from any sale or issuance of equity securities by any Loan Party, with any such prepayment being accompanied with the Call Premium, together with any
interest accrued on the principal amount being prepaid (such prepayment date, together with any prepayment date under the second sentence of Section 2.5(e), the “Call Premium Date”).” 

(d) Section 2.4(d)(i) of the Term Loan Agreement shall be amended by adding the words, “including the Exit Fee, the Deferred Put
Amount, the Initial Put Amount, the Call Premium and/or the Applicable Premium, as applicable,” after the word “fees” in clause THIRD thereof. 

(e) Section 2.5(a) of the Term Loan Agreement shall be amended by (x) replacing the word “Advances” in the first sentence
thereof with “Residual Loans,” (y) replacing “(the “Maturity Date”) with “(the “Residual Loans Maturity Date”) in the first sentence thereof and (z) adding the following sentence at the
end thereof: “Subject to Section 2.9, the principal amount of the Advances (other than the Residual Loans), together with all interest and fees due thereon, shall be paid in full in cash on January 2, 2020 (the
“Maturity Date”), except that if any New Senior Notes or Existing Notes remain outstanding as of 5:00 pm (New York time) on December 28, 2018, then, unless otherwise consented to by the Required Lenders, the Maturity Date shall
become January 2, 2019 (the “Springing Maturity Date”).” 
 (f) Section 2.5(c) of the Term Loan Agreement
shall be amended by inserting the words, “together with, in the case of Advances (other than Residual Loans), the Applicable Premium” after the word “Advances” in clause (B) thereof. 

(g) Section 2.5(e) of the Term Loan Agreement is hereby amended and restated as follows: 

“Alaska Tax Credits. Subject to the Intercreditor Agreement and Section 2.5(g)(ii), within five
(5) Business Days after receipt by any Loan Party or any Subsidiary of any Loan Party of any payment or monetization with respect to the Alaska Tax Credits in excess of $15,000,000 (for periods prior to the Second Amendment Effective
Date) and no less than one hundred percent (100%) of all such receipts (for periods on or after the Second Amendment Effective Date), Borrower shall deliver, or cause to be delivered, to the Agent an amount equal to such payment or
monetization for application to the Advances in accordance with Section 2.5(g). Any prepayment due on or after the Second Amendment Effective Date under this Section 2.5(e) shall be accompanied with the Call Premium, together with
any interest accrued on the principal amount being prepaid.” 

  
 3 

 (h) “Section 2.5(f) shall be replaced in its entirety with the following: 

“In the event that any acceleration of the Advances (other than the Residual Loans) occurs (and is not rescinded) or the Advances (other
than the Residual Loans) are otherwise paid in full or become due and payable prior to maturity, including as a result of a mandatory or optional prepayment (other than a prepayment under the second sentence of Section 2.4(b) or
Section 2.5(e)), the Springing Maturity Date, an Event of Default (including, without limitation, an Event of Default specified in Section 9.4 or Section 9.5 hereof) or the occurrence of the Termination Date (any such
date, an “Applicable Premium Date”), the Applicable Premium shall be immediately due and payable (subject to rescission, in the event that the underlying acceleration is rescinded) on the principal amount so prepaid, accelerated or
that has become or is declared to be due and payable, and such Applicable Premium shall constitute part of the Obligations; provided that in no event shall the Applicable Premium become due hereunder if the Residual Loans are voluntarily
repaid in full prior to the Residual Loans Maturity Date. On any Applicable Premium Date, the Applicable Premium shall be payable, along with the principal of, and any accrued and unpaid interest on, the Advances payable on such Applicable Premium
Date. 
 (i) Section 2.5(g)(i) of the Term Loan Agreement is hereby amended by replacing the words “Section 2.5(c) or
Section 2.5(e)” with “Section 2.5(c), (e) or (f).” 
 (j) Section 2.12 of the Term Loan
Agreement is hereby amended by inserting the following after the first sentence thereof: “The Borrower shall also pay to the Lenders entitled thereto (i) the Initial Put Amount and the Deferred Put Amount, if any, on the terms set forth in
paragraph 7 of the Second Amendment, (ii) the Exit Fee on the terms set forth in paragraph 3 of the Second Amendment and (iii) as applicable, the Call Premium or Applicable Premium in accordance with Section 2.5 hereof.” 

(k) Section 10.1(a)(i) of the Term Loan Agreement is hereby amended by inserting after the word “Obligations” in both places
in which it appears the following: “including any fees and premiums provided for under Section 2.5 and Section 2.12 hereof.” 

2. Conditions to Effectiveness of Amendment. This Second Amendment shall become effective (the “Second Amendment Effective
Date”) as of the date first set forth above upon receipt by the Agent of the following: 
 (a) counterparts of this Second
Amendment duly executed and delivered by the Borrower, the Guarantors, the Agent and all of the Lenders; 
 (b) payment of (i) all
reasonable actual costs, out-of-pocket fees and expenses of the Agent and the Lenders invoiced and owing in connection with this Second Amendment or pursuant to the terms of the Term Loan Agreement (including, without limitation, attorneys’
fees), (ii) the Amendment Fee (as defined below), (iii) the Initial Put Amount (as defined below) and (iv) an amendment fee in the amount of $2,500, payable to the Agent for its own account; 

  
 4 

 (c) the Master Assignment Agreement (as defined below) duly executed and delivered by the
Lenders party thereto as assignees or assignors thereunder, as applicable, together with payment to the Agent for its own account of a master assignment fee in the amount set forth in the Agent’s fee letter, dated as of June 29, 2016 (on
the same basis as the fee paid in connection with the master assignment and assumption agreement described in Section 14.2(c) of the Term Loan Agreement); and 

(d) such other documents, instruments and agreements reasonably deemed necessary or desirable by the Agent or the Required Lenders with
respect to the matters contemplated hereby, including an opinion of counsel to the Loan Parties in form and substance reasonably acceptable to the Agent and the Required Lenders. 

3. Payment of Expenses. The Borrower agrees to reimburse the Agent and the Lenders party hereto for all of their out-of-pocket costs
and reasonable expenses (including attorneys’ fees) incurred in connection with this Second Amendment. In addition, on the Second Amendment Effective Date, the Borrower shall pay to the Lenders party hereto an amendment fee in cash in the
aggregate amount of $300,000 (the “Amendment Fee”), with such Amendment Fee being allocated among the Lenders party hereto on a pro rata basis based upon the outstanding Advances (but excluding the Residual Loans) of such Lenders as
of the Second Amendment Effective Date and after giving effect to the assignments contemplated by the Master Assignment Agreement. The Borrower shall also pay an exit fee (the “Exit Fee”) to the Lenders in an aggregate amount equal
to $300,000 on the earlier of the date the Advances have been paid in full and the Termination Date, with such Exit Fee being allocated among the Lenders on a pro rata basis based upon the outstanding Advances (but excluding any Residual Loans) due
to them immediately prior to such payment date. 
 4. Consent. Notwithstanding anything in the Loan Documents to the contrary, each
Lender party hereto hereby acknowledges, consents and agrees (x) that the Borrower may repay the Residual Loans in full in cash on or prior to the Residual Loans Maturity Date, without having to make a pro rata payment on account of the other
Advances then outstanding, (y) to the amendment of Section 2.5(a) of the Term Loan Agreement as provided herein and (z) to the payment of the various fees, the Applicable Premium and Call Premium, in each case, as applicable and as
contemplated by the Second Amendment. 
 5. Representations and Warranties; Survival. Each Loan Party represents and warrants to the
Agent and each Lender that as of the Second Amendment Effective Date and after giving effect to this Second Amendment: (a) each Loan Party party hereto has the power and authority to execute this Second Amendment and to perform its obligations
under this Second Amendment and the Loan Documents as amended hereby, (b) each Loan Party has taken all necessary steps to authorize the execution, delivery and performance of this Second Amendment and the Loan Documents, as amended hereby,
(c) this Second Amendment and the Loan Documents as amended by the Second Amendment constitutes the legal, valid and binding obligation of each Loan Party party thereto, enforceable in accordance with its terms, subject to applicable
bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law, (d) no Default or
Event of Default shall have occurred and be 

  
 5 

 
continuing and (e) all representations and warranties contained in the Loan Documents and in this Second Amendment are true and correct in all material respects with the same effect as
though made on and as of the date hereof (except to the extent such representations and warranties relate to a specified prior date, then as of such prior date). In addition, each such representation and warranty shall survive the execution and
delivery of this Second Amendment, and no investigation by the Agent or any Lender shall affect the representations and warranties or the right of the Agent or any Lender to rely upon them. 

6. Reference to and Effect on the Agreement. On and after the Second Amendment Effective Date, each reference in the Agreement to
“this Agreement,” “hereunder,” “hereof” or words of like import referring to the Agreement, and each reference in each of the Loan Documents to “the Agreement,” “thereunder,” “thereof” or
words of like import referring to the Agreement, shall mean and be a reference to the Term Loan Agreement, as amended by this Second Amendment. The Term Loan Agreement and each of the other Loan Documents, except as specifically amended by this
Second Amendment, are and shall continue to be in full force and effect and are hereby in all respects ratified and confirmed. This Second Amendment shall constitute a Loan Document. Without limiting the generality of the foregoing, the Borrower and
the Guarantors hereby acknowledge and confirm that all obligations, liabilities and indebtedness of the Loan Parties under the Loan Documents constitute “Obligations” under and as defined in the Term Loan Agreement and are secured by and
entitled to the benefits of the Term Loan Agreement and the other Loan Documents and the Loan Parties hereby ratify and confirm the grant of the liens and security interests in the Collateral in favor of the Agent, for the benefit of itself and the
Lenders, pursuant to the Term Loan Agreement and the other Loan Documents, as security for the Obligations. The execution, delivery and effectiveness of this Second Amendment shall not, except as expressly provided herein, operate as a waiver of any
right, power or remedy of any Lender or Agent under any of the Loan Documents, nor constitute a waiver of any provision of any of the Loan Documents. 

7. Put Option. Subject to the Second Amendment Effective Date, the Borrower has heretofore requested that certain Lenders party hereto
(the “Assignees”) purchase and assume a portion of the Advances (the “Assigned Loans”) of certain other Lenders party hereto (the “Assignors”) as further described in, and in accordance with the
terms of, a Master Assignment and Assumption Agreement in substantially the form attached hereto as Exhibit A (the “Master Assignment Agreement”), and, for the avoidance of doubt, the extension of the Maturity Date contemplated by
this Second Amendment shall be effective as to the Assigned Loans upon the effectiveness of such assignments. On the Second Amendment Effective Date, but subject to the effectiveness of the assignments contemplated by the Master Assignment
Agreement, each Assignee shall be entitled to a put premium equal to three percent (3%) percent of the principal amount of the Advances of the Assignors assigned to it under the Master Assignment Agreement (the “Put Premium”).
The Put Premium shall be payable in two equal installments, the first of which is due and payable on the Second Amendment Effective Date (the “Initial Put Amount”), with the balance (the “Deferred Put Amount”)
payable on the earlier of the date the Advances have been paid in full and the Termination Date. Upon the Second Amendment Effective Date and after giving effect to the assignments contemplated by the Master Assignment Agreement, the Lenders shall
hold Advances in the amounts set forth on Annex III thereto. 

  
 6 

 8. Confirmation of Compliance with Section 15.1 of the Agreement. The Borrower and
the Lenders party hereto hereby confirm that all of the actions required to be taken by the Lenders and Borrower pursuant to Section 15.1 of the Agreement have been taken in accordance with the provisions of such Section. 

9. Execution in Counterparts. This Second Amendment may be executed in any number of counterparts and by different parties hereto in
separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute but one and the same agreement. Delivery of an executed counterpart of a signature page to this Second Amendment
by telecopier or electronic mail shall be effective as delivery of a manually executed counterpart of this Second Amendment. 
 10.
Miscellaneous. The Agent shall be authorized to treat the Residual Loans and the Advances (other than the Residual Loans) as two separate loan facilities under the Loan Documents for administrative purposes, including for purposes of
distributing payments and notices with respect to Residual Loans and Advances (other than Residual Loans). 
 11. Direction. Each of
the Lenders party hereto (which collectively constitute all of the Lenders) hereby (i) authorizes and directs the Agent to execute and deliver this Second Amendment, and (ii) acknowledges and agrees that (x) the foregoing directed
action constitutes a direction from all of the Lenders under Section 17 of the Agreement, (y) Sections 11.3, 17.3, 17.5, and 19.9 of the Agreement and all other rights, protections, privileges, immunities, exculpations, and indemnities
afforded to the Agent under the Loan Documents shall apply to any and all actions taken or not taken by the Agent in accordance with such direction, and (z) the Agent may conclusively rely upon (and shall be fully protected in relying upon) the
Register in determining such Lender’s ownership of the Advances and unused Commitments on and as of the date hereof. Each undersigned Lender hereby severally represents and warrants to the Agent that, on and as of the date hereof, it is duly
authorized to enter into this Second Amendment. 
 12. Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 [Signature Pages Follow] 

  
 7 

 IN WITNESS WHEREOF, each of the parties hereto has caused a counterpart of this Second Amendment
to be duly executed and delivered as of the date first written above. 
  

			
	BORROWER:
	
	SAEXPLORATION HOLDINGS, INC.
		
	By:	 	/s/ Brent Whiteley
		 	Name: Brent Whiteley
		 	Title: CFO, General Counsel & Secretary

  

			
	OTHER LOAN PARTIES:
	
	SAEXPLORATION, INC.
		
	By:	 	/s/ Brent Whiteley
		 	Name: Brent Whiteley
		 	Title: CFO, General Counsel & Secretary

  

			
	SAEXPLORATION SUB, INC.
		
	By:	 	/s/ Brent Whiteley
		 	Name: Brent Whiteley
		 	Title: CFO, General Counsel & Secretary

  

			
	NES, LLC
		
	By:	 	/s/ Brent Whiteley
		 	Name: Brent Whiteley
		 	Title: CFO, General Counsel & Secretary

 [Signature Page to Second Amendment] 

			
	SAEXPLORATION SEISMIC SERVICES (US), LLC
		
	By:	 	/s/ Brent Whiteley
		 	Name: Brent Whiteley
		 	Title: CFO, General Counsel & Secretary

 [Signature Page to Second Amendment] 

			
	THE ADMINISTRATIVE AND COLLATERAL AGENT:
	
	DELAWARE TRUST COMPANY
		
	By:	 	/s/ Thomas Musarra
		 	Name: Thomas Musarra
		 	Title: Vice President

 [Signature Page to Second Amendment] 

			
	THE LENDERS:
	
	WBOX 2015-7 LTD.
		
	By:	 	/s/ Mark Strefling
		 	Name: Mark Strefling
		 	Title: CEO

 [Signature Page to Second Amendment] 

			
	BLUEMOUNTAIN CREDIT ALTERNATIVES MASTER FUND L.P.
	
	By: BlueMountain Capital Management, LLC, its Investment Manager
		
	By:	 	/s/ David M. O’Mara
		 	Name: David M. O’Mara
		 	Title: Deputy General Counsel

  

			
	BLUEMOUNTAIN MONTENVERS MASTER FUND SCA SICAV-SIF.
	
	By: BlueMountain Capital Management, LLC, its Investment Manager
		
	By:	 	/s/ David M. O’Mara
		 	Name: David M. O’Mara
		 	Title: Deputy General Counsel

  

			
	BLUEMOUNTAIN KICKING HORSE FUND L.P.
	
	By: BlueMountain Capital Management, LLC, its Investment Manager
		
	By:	 	/s/ David M. O’Mara
		 	Name: David M. O’Mara
		 	Title: Deputy General Counsel

  

			
	BLUEMOUNTAIN GUADALUPE PEAK FUND L.P.
	
	By: BlueMountain Capital Management, LLC, its Investment Manager
		
	By:	 	/s/ David M. O’Mara
		 	Name: David M. O’Mara
		 	Title: Deputy General Counsel

  

			
	BLUEMOUNTAIN SUMMIT TRADING L.P.
		
	By:	 	/s/ David M. O’Mara
		 	Name: David M. O’Mara
		 	Title: Deputy General Counsel

 [Signature Page to Second Amendment] 

					
	MORGAN STANLEY INSTITUTIONAL FUND TRUST HIGH YIELD PORTFOLIO
		
	By:	 	MORGAN STANLEY INVESTMENT MANAGEMENT INC., as its Investment Advisor
			
		 	By:	 	/s/ Kim W. Cross
		 		 	Name: Kim W. Cross
		 		 	Title: Managing Director

  

					
	MORGAN STANLEY GLOBAL FIXED INCOME OPPORTUNITIES FUND
		
	By:	 	MORGAN STANLEY INVESTMENT MANAGEMENT INC., as its Investment Advisor
			
		 	By:	 	/s/ Kim W. Cross
		 		 	Name: Kim W. Cross
		 		 	Title: Managing Director

  

					
	SUNSUPER SUPERANNUATION FUND
		
	By:	 	MORGAN STANLEY INVESTMENT MANAGEMENT INC., as its Investment Advisor
			
		 	By:	 	/s/ Kim W. Cross
		 		 	Name: Kim W. Cross
		 		 	Title: Managing Director

 [Signature Page to Second Amendment] 

			
	ARISTIDES FUND LP
		
	By:	 	/s/ Christopher M. Brown
		 	Name: Christopher M. Brown
		 	Title: Managing Member of the General Partner

  

			
	ARISTIDES FUND QP, LP
		
	By:	 	/s/ Christopher M. Brown
		 	Name: Christopher M. Brown
		 	Title: Managing Member of the General Partner

 [Signature Page to Second Amendment] 

			
	TEGEAN MASTER FUND, LTD.
		
	By:	 	/s/ Joseph N. Levy
		 	Name: Joseph N. Levy
		 	Title: Chief Financial Officer

 [Signature Page to Second Amendment] 

			
	AMZAK CAPITAL MANAGEMENT, LLC
		
	By:	 	/s/ Samuel Barker
		 	Name: Samuel Barker
		 	Title: Senior Fixed Income Analyst

 [Signature Page to Second Amendment] 

			
	MR. JOHN PECORA
		
	By:	 	/s/ John Pecora

 [Signature Page to Second Amendment] 

			
	SPECULATIVE SEISMIC INVESTMENTS LLC
		
	By:	 	/s/ Jeff Hastings
		 	Name: Jeff Hastings
		 	Title: Managing Member

 [Signature Page to Second Amendment] 

 SCHEDULE 1 

 

					
	 Name of Lender
	  	Principal Amount
of Residual Loans	 
	 Aristedes Fund LP
	  	$	407,091.07	 
	 Aristedes Fund QP LP
	  	 	87,551.79	 
	 Morgan Stanley Global Fixed Income Opportunity Fund
	  	 	166,667.00	 
	 Morgan Stanley Institutional Fund Trust High Yield
	  	 	250,000.00	 
	 Sunsuper Superannuation Fund
	  	 	83,333.00	 
	 TOTAL
	  	$	994,642.86

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