AMENDMENT AGREEMENT
This amendment agreement dated as of December 31, 2010 (the
"Fourth Amendment Agreement") is between Omagine, Inc.
(formerly Alfa International Holdings Corp.), a Delaware
corporation (the "Company") and Xxx Xxxxxx, an individual
("Hamdan").
This Fourth Amendment Agreement is an amendment to that
certain consulting agreement dated March 19, 2007 to which
the Company and Hamdan are Parties (the "March Agreement")
as amended by that certain "Amendment Agreement" dated
December 31, 2007, that certain "Second Amendment Agreement"
dated December 31, 2008 and that certain "Third Amendment
Agreement" dated December 31, 2009 is made pursuant to
Section 12 thereof. All capitalized terms in this Fourth
Amendment Agreement shall, unless otherwise indicated
herein, have the meanings assigned to them in the March
Agreement (a copy of which is attached hereto as Exhibit A.)
The Parties hereby agree as follows:
1. The words in Section 2(ii) of the March Agreement,
the Amended Agreement, the Second Amendment
Agreement and the Third Amendment Agreement are
hereby deleted in their entirety and replaced by
the following words: "December 31, 2011, or"
2. All other terms and conditions of the March
Agreement remain in full force and effect.
IN WITNESS WHEREOF, the Parties have executed this Fourth
Amendment Agreement as of December 31, 2010.
Xxx Xxxxxx Omagine, Inc.
a Delaware corporation
By: /s/ Xxx Xxxxxx By: /s/ Xxxxx X. Xxxxxx
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Xxx Xxxxxx Xxxxx X. Xxxxxx
President
