0001193125-12-346506 Sample Contracts

SECURITY AGREEMENT
Security Agreement • August 9th, 2012 • Dawson Geophysical Co • Oil & gas field exploration services • Texas

THIS SECURITY AGREEMENT (the “Security Agreement”) is made and entered into this 11th day of May 2012, by and between DAWSON GEOPHYSICAL COMPANY, a Texas Corporation, whose address is 508 West Wall Street, Suite 800, Midland, Texas 79701 (the “Debtor”), and WESTERN NATIONAL BANK, a national banking association, whose address is 508 West Wall Street Suite 1100, Midland, Texas 79701 (the “Secured Party”).

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WESTERN NATIONAL BANK
Dawson Geophysical Co • August 9th, 2012 • Oil & gas field exploration services • Texas
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