Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 27, 2020, SAExploration Holdings, Inc. (the "Company") entered into an amendment (the "Amendment") to the employment agreement (as amended, the "Employment Agreement") of Michael Faust, the Company's President and Chief Executive Officer. Pursuant to the Amendment, among other things, the term of Mr. Faust's employment is extended to end on March 31, 2020. The foregoing description of the Amendment is qualified in its entirety by reference to the full text of the Amendment, a copy of which is filed herewith as Exhibit 10.2.

Item 9.01. Financial Statements and Exhibits.

(d)Exhibits



  10.1       Executive Employment Agreement, dated August 19, 2019, between
             Michael Faust and SAExploration Holdings, Inc. (incorporated
             by reference from Exhibit 10.1 to SAExploration Holdings,
             Inc.'s Current Report on Form 8-K filed with the SEC on August
             22, 2019)
  10.2  *    First Amendment to Executive Employment Agreement, dated
             February 27, 2020, between Michael Faust and SAExploration
             Holdings, Inc.




  • Filed herewith














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