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MIND > SEC Filings for MIND > Form 8-K on 13-Nov-2012All Recent SEC Filings

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Form 8-K for MITCHAM INDUSTRIES INC


13-Nov-2012

Entry into a Material Definitive Agreement


Item 1.01 Entry into a Material Definitive Agreement.

The Company has entered into new Equipment Purchase Agreements with Sercel, Inc. and Sercel S.A. relating to the Unite cable-free recording system and the DSU3 three-component digital recording system. Under the terms of the agreements the Company is the exclusive authorized third party lessor for the DSU3 product through December 31, 2013 and for the Unite product through September 30, 2014. The Company has agreed to purchase certain quantities of each of the products during the term of the agreements.


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