EXHIBIT H
AMENDMENT TO AGREEMENT
THIS AMENDMENT (the "Amendment") is made as of June 2, 2004, by and
between Stelchi Holding Ltd., a Liberian corporation ("Stelchi"), and OMI
Corporation, a company organized under the laws of the Republic of the ▇▇▇▇▇▇▇▇
Islands ("OMI"), to that certain Agreement dated as of May 16, 2004 by and
between Stelchi and OMI (the "Agreement").
WHEREAS, among other matters, the Agreement provides certain review and
approval rights with respect to public announcements by either Stelchi or OMI
regarding the subject matter of the Agreement; and
WHEREAS, the parties wish to amend those provisions as set forth
herein.
NOW, THEREFORE, in consideration of the foregoing and the other
covenants and agreements contained in the Agreement, the parties agree as
follows:
1. AMENDMENT TO SECTION 6.2. Stelchi and OMI hereby agree that Section 6.2 of
the Agreement shall be deleted in its entirety and shall have no further force
and effect.
2. COUNTERPARTS; FACSIMILE. This Amendment may be executed in one or more
counterparts, each of which will be deemed an original, but all of which
together will constitute one and the same instrument. This Amendment may be
executed and delivered by facsimile transmission, and a facsimile of this
Amendment or of a signature of a party will be effective as an original.
IN WITNESS WHEREOF, this Amendment to the Agreement is executed and
delivered by the parties as of the date first above written.
STELCHI HOLDING LTD. OMI CORPORATION
By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇
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Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇
Title: Director Title: President and Chief
Operating Officer
