WAIVER NO. 4

Exhibit 10.2(d)

EXECUTION COPY

WAIVER NO. 4

     THIS WAIVER NO. 4 is being executed and delivered as of May 31, 2006, by and among Chicago Bridge and Iron Company N.V., a corporation organized under the laws of the Kingdom of the Netherlands (the “Company”), certain Subsidiaries party thereto as Borrowers (the “Subsidiary Borrowers”), JPMorgan Chase Bank, N.A. (successor by merger to Bank One, NA) as Administrative Agent (the “Administrative Agent”) under the hereinafter identified and defined Credit Agreement and the lenders party to said Credit Agreement. All capitalized terms used herein without definition shall have the same meanings as set forth in the Credit Agreement.

W I T N E S S E T H:

     WHEREAS, the Company, the Subsidiary Borrowers, the Lenders and the Administrative Agent are currently party to that certain Amended and Restated Credit Agreement dated as of May 12, 2005 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”);

     WHEREAS, the Borrowers have requested the Lenders and the Administrative Agent to waive certain provisions of the Credit Agreement in certain respects;

     WHEREAS, the Lenders and the Agent have agreed to waive certain provisions of the Credit Agreement on the terms and conditions set forth in Section 1 hereof.

     NOW, THEREFORE, in consideration of the foregoing premises, the terms and conditions stated herein and other valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the Borrowers and the Lenders, such parties hereby agree as follows:

CH1 3520229v.4

     1. Waiver. The Borrowers have informed the Lenders that Defaults or Unmatured Defaults have occurred and are continuing, or are about to occur, under Sections 7.1(A)(i)(a), 7.1(A)(ii), 7.1(A)(iii), 7.1(A)(iv), 8.1(B) and 8.1(C) of the Credit Agreement as a result of the Company’s failure to timely (a) file with the Commission its financial results and related documents for the third and fourth quarters of its 2005 fiscal year, for its 2005 fiscal year and for the first quarter of its 2006 fiscal year and (b) deliver to the Administrative Agent and the Lenders the financial reports (including without limitation the plan and forecast) and related documents required under the Credit Agreement for or during such periods (collectively, the “Specified Defaults”). In accordance with the provisions of Section 9.2(i) of the Credit Agreement, the Borrowers have requested that, subject to the terms hereof, the Required Lenders waive the Specified Defaults and waive the application of the default rate of interest provided under Section 2.10 of the Credit Agreement. The Required Lenders hereby agree to such limited waiver and furthermore agree that, solely during the period commencing on November 14, 2005 and ending at the end of the Waiver Period (as defined below) and notwithstanding anything contained in Sections 2.1(A), 2.2(A), 3.2, 3.4, 3.5(A) and other applicable Sections of the Credit Agreement to the contrary, (x) Section 5.3(B) of the Credit Agreement shall not be deemed to

apply to the representations and warranties contained in Sections 6.4 and 6.10 of the Credit Agreement insofar as such Sections relate to the Company’s internally prepared financial statements (and related statements, reports, certificates and documents) for its four fiscal quarter period ending December 31, 2005, which have been delivered to the Lenders in connection with the prior Waivers and the draft September 30, 2005 Form 10-Q and the draft December 31, 2005 Form 10-K which are being delivered to the Lenders in connection with this Waiver (collectively, the “Unaudited Statements”) and the financial information (and related statements, reports, certificates and documents) which the Company has delivered to the Lenders on or prior to December 31, 2005 and which the Company is currently in the process of investigating as disclosed to the Lenders, (y) the last sentence of Section 5.3 of the Credit Agreement shall not be applicable and (z) the Company and the Administrative Agent may agree to such modifications to the forms (as set forth in the applicable Exhibits to the Credit Agreement) of Borrowing/Election Notice, request for the issuance of a Letter of Credit and compliance certificate as are reasonably deemed appropriate by the Company and the Administrative Agent to give effect to the foregoing clauses (x) and (y); provided that this waiver shall (i) only remain in effect during the period (the “Waiver Period”) commencing on the date hereof and expiring on the earlier of (a) the occurrence of any Default or Unmatured Default other than one of the Specified Defaults and (b) the Waiver Expiration Date and (ii) be subject to the receipt by the Administrative Agent of evidence satisfactory to it that the requisite number of noteholders party to the Note Purchase Agreement have duly executed and delivered an agreement to substantially the same effect as this waiver agreement such that no default, event of default or unmatured default would exist under the Note Purchase Agreement during the Waiver Period. As used herein, “Waiver Expiration Date” means (a) September 30, 2006 with respect to the “plan and forecast” described in Section 7.1(A)(iv) of the Credit Agreement and (b) June 16, 2006 with respect to all other financial statements and reports required under the Credit Agreement. Furthermore, the parties hereto agree that from and after the date hereof until the earlier of the end of the Waiver Period and the date of delivery to the Administrative Agent and the Lenders of the financial statements which are the subject of the Specified Defaults, for purposes of calculating the Applicable Floating Rate Margin, Applicable Eurodollar Margin, Applicable L/C Fee Percentage and Applicable Commitment Fee Percentage under Section 2.14(D)(ii), the Leverage Ratio shall be determined based upon the Unaudited Statements.

     Pursuant to the provisions of Section 9.3 of the Credit Agreement, (a) no delay or omission of the Lenders or the Administrative Agent to exercise any right under the Loan Documents shall impair such right or be construed to be a waiver of any Default or Unmatured Default or an acquiescence therein, and the making of a Loan or the issuance of a Letter of Credit notwithstanding the existence of a Default or the inability of the Company or any other Borrower to satisfy the conditions precedent to such Loan or issuance of such Letter of Credit shall not constitute any waiver or acquiescence and (b) any single or partial exercise of any such right shall not preclude other or further exercise thereof or the exercise of any other right, and no waiver, amendment or other variation of the terms, conditions or provisions of the Loan Documents whatsoever shall be valid unless in writing signed by the requisite number of Lenders required pursuant to Section 9.2, and then only to the extent in such writing specifically set forth. All remedies contained in the Loan Documents or by law as a result of the Specified Defaults are hereby reserved on behalf of the Administrative Agent and the Lenders following the Waiver Period.

     2. Conditions of Effectiveness. This Waiver shall be deemed to have become effective as of the date hereof, but such effectiveness shall be subject to the following conditions: (a) the Administrative Agent shall have received (i) executed counterparts of this Waiver duly executed and delivered by the Company, the Subsidiary Borrowers and the Required Lenders and executed counterparts of the Reaffirmation attached hereto duly executed and delivered by the Subsidiary Guarantors and (ii) the Unaudited Statements and (b) the Company shall have paid to the Administrative Agent, for the benefit of each Lender which has delivered to the Administrative Agent or the Administrative Agent’s counsel its executed signature page hereto by such time as is required by the Administrative Agent, an amendment fee for each such consenting Lender.

     3. Representation and Warranties. Each Borrower hereby represents and warrants that, other than in connection with the Specified Defaults, (i) all of the representations and warranties contained in Article VI of the Credit Agreement are true and correct and (ii) no Default or Unmatured Default is in effect.

     5. No Implicit Waiver. Except as expressly set forth herein in connection with the Specified Defaults, (i) the execution, delivery and effectiveness of this Waiver shall neither operate as a waiver of any rights, power or remedy of the Administrative Agent or the Lenders under the Credit Agreement or any other documents executed in connection with the Credit Agreement, nor constitute a waiver of any provision of the Credit Agreement nor any other document executed in connection therewith and (ii) the Credit Agreement shall remain in full force and effect in accordance with their original terms.

     6. GOVERNING LAW. THE ADMINISTRATIVE AGENT ACCEPTS THIS WAIVER NO. 4, ON BEHALF OF ITSELF AND THE LENDERS, AT CHICAGO, ILLINOIS BY ACKNOWLEDGING AND AGREEING TO IT THERE. ANY DISPUTE BETWEEN ANY BORROWER AND THE ADMINISTRATIVE AGENT OR ANY LENDER ARISING OUT OF, CONNECTED WITH, RELATED TO, OR INCIDENTAL TO THE RELATIONSHIP ESTABLISHED BETWEEN THEM IN CONNECTION WITH, THIS WAIVER, THE CREDIT AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS, AND WHETHER ARISING IN CONTRACT, TORT, EQUITY, OR OTHERWISE, SHALL BE RESOLVED IN ACCORDANCE WITH THE INTERNAL LAWS (INCLUDING §735 ILCS 105/5-1 ET SEQ. BUT OTHERWISE WITHOUT REGARD TO THE CONFLICTS OF LAWS PROVISIONS) OF THE STATE OF ILLINOIS.

[Signature Pages Follow]

     IN WITNESS WHEREOF, this Waiver No. 4 has been duly executed as of the day and year first above written.

	CHICAGO BRIDGE & IRON COMPANY N.V., as the Company
	By:	/s/ Xxxxxx X. Xxxxxxxx
		Name:	Xxxxxx X. Xxxxxxxx
		Title:	Authorized Signer

Signature Page to Waiver No. 4 to
Chicago Bridge & Iron Company N.V. et al
Amended and Restated Credit Agreement dated as of May 12, 2005

	CB&I CONSTRUCTORS, INC., as a Subsidiary Borrower
	By:	/s/ Xxxxxxx Xxxxx
		Name:	Xxxxxxx Xxxxx
		Title:	Vice President and Treasurer
	CBI SERVICES, INC., as a Subsidiary Borrower
	By:	/s/ Xxxxxxxx X. Xxxxxx
		Name:	Xxxxxxxx X. Xxxxxx
		Title:	Treasurer
	CHICAGO BRIDGE & IRON COMPANY (DELAWARE), as a Subsidiary Borrower
	By:	/s/ Xxxxxxx Xxxxx
		Name:	Xxxxxxx Xxxxx
		Title:	Vice President and Treasurer
	CB&I TYLER COMPANY, as a Subsidiary Borrower
	By:	/s/ Xxxxxxx Xxxxx
		Name:	Xxxxxxx Xxxxx
		Title:	Treasurer
	CHICAGO BRIDGE & IRON COMPANY B.V., as a Subsidiary Borrower
	By:	/s/ Xxxxxx X. Xxxxxxxx
		Name:	Xxxxxx X. Xxxxxxxx
		Title:	Managing Director

Signature Page to Waiver No. 4 to
Chicago Bridge & Iron Company N.V. et al
Amended and Restated Credit Agreement dated as of May 12, 2005

	JPMORGAN CHASE BANK, N.A. (successor by merger to Bank One, NA), as Administrative Agent and as a Lender
	By:	/s/ H. Xxxxx Xxxxx
		Name:	H. Xxxxx Xxxxx
		Title:	Vice President
	BANK OF AMERICA, N.A., as Syndication Agent and as a Lender
	By:	/s/ Xxxxxxx Xxxxxx
		Name:	Xxxxxxx Xxxxxx
		Title:	Vice President
	BANK OF MONTREAL, as a Documentation Agent and as a Lender
	By:	/s/ Xxxxx Xxxxxx
		Name:	Xxxxx Xxxxxx
		Title:	Director
	XXXXX FARGO BANK, N.A., as a Documentation Agent and as a Lender
	By:	/s/ Xxxx X. Xxxxxxxx
		Name:	Xxxx X. Xxxxxxxx
		Title:	Vice President

Signature Page to Waiver No. 4 to
Chicago Bridge & Iron Company N.V. et al
Amended and Restated Credit Agreement dated as of May 12, 2005

	BNP PARIBAS, as a Documentation Agent and as a Lender
	By:	/s/ Pierre-Xxxxxxxx Xxxxxx
		Name:	Pierre-Xxxxxxxx Xxxxxx
		Title:	Managing Director
	By:	/s/ Xxxxx Xxxxxx
		Name:	Xxxxx Xxxxxx
		Title:	Managing Director
	THE ROYAL BANK OF SCOTLAND plc , as a Documentation Agent and as a Lender
	By:	/s/ Xxxx XxXxxxxx
		Name:	Xxxx XxXxxxxx
		Title:	Managing Director
	FORTIS CAPITAL CORP., as a Lender
	By:	/s/ Xxxxx Xxxxxxx
		Name:	Xxxxx Xxxxxxx
		Title:	Managing Director
	By:	/s/ Xxxxxx Xxxxxxxxxxx
		Name:	Xxxxxx Xxxxxxxxxxx
		Title:	Vice President

Signature Page to Waiver No. 4 to
Chicago Bridge & Iron Company N.V. et al
Amended and Restated Credit Agreement dated as of May 12, 2005

	CREDIT SUISSE, Cayman Islands Branch (formerly known as CREDIT SUISSE FIRST BOSTON, acting through its Cayman Islands Branch), as a Lender
	By:	/s/ Xxxxxx Xxxxxxxx
		Name:	Xxxxxx Xxxxxxxx
		Title:	Vice President
	By:	/s/ Xxxxx Xxxxx
		Name:	Xxxxx Xxxxx
		Title:	Associate
	BARCLAYS BANK plc, as a Lender
	By:
		Name:
		Title:
	CALYON NEW YORK BRANCH, as a Lender
	By:	/s/ Xxxxxxxx Cord'homme
		Name:	Xxxxxxxx Cord'homme
		Title:	Director
	By:	/s/ Xxxxxxx Xxxxxx
		Name:	Xxxxxxx Xxxxxx
		Title:	Vice President
	UBS LOAN FINANCE LLC, as a Lender
	By:	/s/ Xxxxxxx X. Xxxxxx
		Name:	Xxxxxxx X. Xxxxxx
		Title:	Director
	By:	/s/ Xxxx X. Xxxx
		Name:	Xxxx X. Xxxx
		Title:	Associate Director

Signature Page to Waiver No. 4 to
Chicago Bridge & Iron Company N.V. et al
Amended and Restated Credit Agreement dated as of May 12, 2005

	PNC BANK, NATIONAL ASSOCIATION, as a Lender
	By:	/s/ X.X. Xxxxx
		Name:	X.X. Xxxxx
		Title:	Managing Director
	REGIONS BANK, as a Lender
	By:	/s/ Xxxxx X. Page
		Name:	Xxxxx X. Page
		Title:	Senior Vice President
	ALLIED IRISH BANK, PLC, as a Lender
	By:	/s/ Xxxxxx Xxxx
		Name:	Xxxxxx Xxxx
		Title:	Vice President
	By:	/s/ Xxxxxxx X. Xxxxx
		Name:	Xxxxxxx X. Xxxxx
		Title:	Vice President
	THE NORTHERN TRUST COMPANY, as a Lender
	By:	/s/ Xxxx X. Xxxxxx
		Name:	Xxxx X. Xxxxxx
		Title:	Vice President

Signature Page to Waiver No. 4 to
Chicago Bridge & Iron Company N.V. et al
Amended and Restated Credit Agreement dated as of May 12, 2005

	STANDARD CHARTERED BANK, as a Lender
	By:	/s/ Xxxxxx Xxxxxxx
		Name:	Xxxxxx Xxxxxxx
		Title:	Vice President
	By:	/s/ Xxxxxx X. Xxxxxxxxxx
		Name:	Xxxxxx X. Xxxxxxxxxx
		Title:	AVP/Credit Documentation Credit Risk Control Standard Chartered Bank N.Y.
	ABU DHABI INTERNATIONAL BANK INC, as a Lender
	By:	/s/ Xxxxx X. Xxxxx
		Name:	Xxxxx X. Xxxxx
		Title:	Vice President
	By:	/s/ Xxxx X. Xxxxx
		Name:	Xxxx X. Xxxxx
		Title:	Executive Vice President
	AMEGY BANK NATIONAL ASSOCIATION, as a Lender
	By:	/s/ Xxxx X. Xxxxxxx
		Name:	Xxxx X. Xxxxxxx
		Title:	Senior Vice President
	BANK OF NEW YORK, as a Lender
	By:	/s/ Xxxxx Xxxxxxx
		Name:	Xxxxx Xxxxxxx
		Title:	Vice President

Signature Page to Waiver No. 4 to
Chicago Bridge & Iron Company N.V. et al
Amended and Restated Credit Agreement dated as of May 12, 2005

	CAPITAL ONE, N.A., as a Lender
	By:	/s/ Xxxxx Xxxxxxx
		Name:	Xxxxx Xxxxxxx
		Title:	Senior Vice President
	WOODFOREST NATIONAL BANK, as a Lender
	By:	/s/ Xxx X. Xxxxxx
		Name:	Xxx X. Xxxxxx
		Title:	President

Signature Page to Waiver No. 4 to
Chicago Bridge & Iron Company N.V. et al
Amended and Restated Credit Agreement dated as of May 12, 2005

REAFFIRMATION

     Each of the undersigned hereby acknowledges receipt of a copy of the foregoing Waiver No. 4 in connection with that certain Amended and Restated Credit Agreement dated as of May 12, 2005 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”) by and among Chicago Bridge and Iron Company N.V. (the “Company”), certain Subsidiaries of the Company party thereto as Borrowers (the “Subsidiary Borrowers”), JPMorgan Chase Bank, N.A. (successor by merger to Bank One, NA) as Administrative Agent (the “Administrative Agent”) under the Credit Agreement and the lenders party to said Credit Agreement, which Waiver No. 4 is dated as of May 31, 2006 (the “Waiver”). Capitalized terms used in this Reaffirmation and not defined herein shall have the meanings given to them in the Credit Agreement. Without in any way establishing a course of dealing by the Administrative Agent or any Lender, each of the undersigned consents to the Waiver and reaffirms the terms and conditions of the Guaranty and any other Loan Document executed by it and acknowledges and agrees that such agreement and each and every such Loan Document executed by the undersigned in connection with the Credit Agreement remains in full force and effect and is hereby reaffirmed, ratified and confirmed. All references to the Credit Agreement contained in the above-referenced documents shall be a reference to the Credit Agreement as so modified by the Waiver and as the same may from time to time hereafter be amended, modified or restated.

[signature pages follow]

CHICAGO BRIDGE & IRON COMPANY N.V.

By: /s/ Xxxxxx X. Xxxxxxxx 

Name: Xxxxxx X. Xxxxxxxx
Title: Authorized Signer

CHICAGO BRIDGE & IRON COMPANY
a Delaware corporation

By: /s/ Xxxxxxx Xxxxx 

Name: Xxxxxxx Xxxxx
Title: Vice President and Treasurer

CHICAGO BRIDGE & IRON COMPANY (DELAWARE)

By: /s/ Xxxxxxx Xxxxx 

Name: Xxxxxxx Xxxxx
Title: Vice President and Treasurer

CB&I TYLER COMPANY

By: /s/ Xxxxxxx Xxxxx 

Name: Xxxxxxx Xxxxx
Title: Treasurer

CB&I CONSTRUCTORS, INC.

By: /s/ Xxxxxxx Xxxxx 

Name: Xxxxxxx Xxxxx
Title: Vice President and Treasurer

CBI SERVICES, INC.

By: /s/ Xxxxxxxx X. Xxxxxx 

Name: Xxxxxxxx X. Xxxxxx
Title: Treasurer

CHICAGO BRIDGE & IRON COMPANY
an Illinois corporation

By: /s/ Xxxxxxx Xxxxx 

Name: Xxxxxxx Xxxxx
Title: Vice President and Treasurer

XXXXXX CBI, LIMITED

By: /s/ Xxxxx X. House 

Name: Xxxxx X. House
Title: Treasurer

CBI VENEZOLANA, S.A.

By: /s/ Xxxxxxx Xxxxx 

Name: Xxxxxxx Xxxxx
Title: Treasurer

CBI EASTERN ANSTALT

By: /s/ Xxxx X. Xxxxx 

Name: Xxxx X. Xxxxx
Title: Director

CBI CONSTRUCTORS PTY, LTD.

By: /s/ Xxxx Xxxxx 

Name: Xxxx Xxxxx
Title: Director

XXXXXXX FINANCE COMPANY B.V.

By: /s/ Xxxxx X. Xxxxxx 

Name: Xxxxx X. Xxxxxxx
Title: Managing Director

CB&I (EUROPE) B.V.

By: /s/ Xxxx X. Xxxxx 

Name: Xxxx X. Xxxxx
Title: Director

ARABIAN GULF MATERIAL SUPPLY COMPANY, LTD.

By: /s/ Xxxxxx Xxxx Xxxxxx 

Name: Xxxxxx Xxxx Xxxxxx
Title: Director

ASIA PACIFIC SUPPLY CO.

By: /s/ Xxxxxxx X. Xxxxx 

Name: Xxxxxxx X. Xxxxx
Title: Treasurer

CBI COMPANY LTD.

By: /s/ Xxxxxxx Xxxxx 

Name: Xxxxxxx Xxxxx
Title: Treasurer

CBI CONSTRUCCIONES S.A.

By: /s/ Xxxx Xxxxxx Xxxxxxx 

Name: Xxxx Xxxxxx Xxxxxxx
Title: Director

CBI CONSTRUCTORS LIMITED

By: /s/ Xxxxx X. Xxxxxxx 

Name: Xxxxx X. Xxxxxxx
Title: Director

CBI HOLDINGS (U.K.) LIMITED

By: /s/ Xxxxxxx X. Xxxxx 

Name: Xxxxxxx X. Xxxxx
Title: Director

CBI OVERSEAS, LLC

By: /s/ Xxxxx Xxx 

Name: Xxxxx Xxx
Title: Group Vice President

CENTRAL TRADING COMPANY, LTD.

By: /s/ Xxxxxxx Xxxxx 

Name: Xxxxxxx Xxxxx
Title: Vice President and Treasurer

CHICAGO BRIDGE & IRON (ANTILLES) N.V.

By: /s/ Xxxxxx X. Xxxxxxxx 

Name: Xxxxxx X. Xxxxxxxx
Title: Managing Director

CHICAGO BRIDGE & IRON COMPANY B.V.

By: /s/ Xxxxxx X. Xxxxxxxx 

Name: Xxxxxx X. Xxxxxxxx
Title: Managing Director

CMP HOLDINGS B.V.

By: /s/ Xxxx X. Xxxxx 

Name: Xxxx X. Xxxxx
Title: Director

PACIFIC RIM MATERIAL SUPPLY COMPANY, LTD.

By: /s/ Xxxxxx Xxxx Xxxxxx 

Name: Xxxxxx Xxxx Xxxxxx
Title: Director

XXXX-XXXXX INTERNATIONAL, L.L.C.

By: /s/ Xxxx X. Xxxxxxxx 

Name: Xxxx X. Xxxxxxxx
Title: President

XXXX-XXXXX ENGINEERS, LTD.
By and through its General Partner,
Xxxx-Xxxxx Management, L.L.C.

By: /s/ Xxxx X. Xxxxxxxx 

Name: Xxxx X. Xxxxxxxx
Title: President

XXXX-XXXXX HOLDINGS, L.L.C.

By: /s/ Xxxx X. Xxxxxxxx 

Name: Xxxx X. Xxxxxxxx
Title: President

XXXX-XXXXX MANAGEMENT, L.L.C.

By: /s/ Xxxx X. Xxxxxxxx 

Name: Xxxx X. Xxxxxxxx
Title: President

HBI HOLDINGS, L.L.C.

By: /s/ Xxxx X. Xxxxxxxx 

Name: Xxxx X. Xxxxxxxx
Title: President

CONSTRUCTORS INTERNATIONAL, L.L.C.

By: /s/ Xxxx X. Xxxxxxxx 

Name: Xxxx X. Xxxxxxxx
Title: President

MATRIX ENGINEERING, LTD.

By: /s/ Xxxxx X. Xxxxx 

Name: Xxxxx X. Xxxxx
Title: President

XXXX-XXXXX INTERNATIONAL MANAGEMENT, L.L.C.

By: /s/ Xxxxx X. Xxxxx 

Name: Xxxxx X. Xxxxx
Title: President

A&B BUILDERS, LTD.

By: /s/ Xxxxx X. Xxxxxx 

Name: Xxxxx X. Xxxxxx
Title: President

MATRIX MANAGEMENT SERVICES, L.L.C.

By: /s/ Xxxxxx X. Xxxxxx 

Name: Xxxxxx X. Xxxxxx
Title: Vice President — Finance, Treasurer and CFO

SOUTHERN TROPIC MATERIAL SUPPLY COMPANY, LTD.

By: /s/ Xxxx X. Xxxxx 

Name: Xxxx X. Xxxxx
Title: Treasurer

CB&I (NIGERIA) LIMITED

By: /s/ Xxxxx X. Xxxx 

Name: Xxxxx X. Xxxx
Title: Director

CHICAGO BRIDGE & IRON (ESPANA) S.A.

By: /s/ Xxxx X. Xxxxx 

Name: Xxxx X. Xxxxx
Title: Director

CBI (PHILLIPINES), INC.

By: /s/ Xxxx X. Xxxxx 

Name: Xxxx X. Xxxxx
Title: Treasurer

CB&I XXXX XXXXX LIMITED

By: /s/ Xxxxx X. Xxxxx 

Name: Xxxxx X. Xxxxx
Title: Director

XXXXX CONSTRUCTION GROUP, INC.

By: /s/ Xxxxxxxx X. Xxxxxx 

Name: Xxxxxxxx X. Xxxxxx
Title: Treasurer

CBI HUNGARY HOLDING LIMITED LIABILITY COMPANY

By: /s/ Xxxxxxx Xxxxxxx 

Name: Xxxxxxx Xxxxxxx
Title: Director

CBI LUXEMBOURG S.A.R.L.

By: /s/ Xxxxxxx X. Xxxxx 

Name: Xxxxxxx X. Xxxxx
Title: Managing Director

CB&I FINANCE COMPANY LIMITED

By: /s/ Xxxx X. Xxxxx 

Name: Xxxx X. Xxxxx
Title: Managing Director

CBI AMERICAS, LTD.

By: /s/ Xxxxxxx Xxxxx 

Name: Xxxxxxx Xxxxx
Title: Treasurer

CSA TRADING COMPANY, LTD.

By: /s/ Xxxxxxx Xxxxx 

Name: Xxxxxxx Xxxxx
Title: Treasurer

CB&I WOODLANDS L.L.C.

By: /s/ Xxxxxxx Xxxxx 

Name: Xxxxxxx Xxxxx
Title: Treasurer

WOODLANDS INTERNATIONAL INSURANCE COMPANY LIMITED

By: /s/ Xxxxxx Xxxxxxx 

Name: Xxxxxx Xxxxxxx
Title: Director

OCEANIC CONTRACTORS, INC.

By: /s/ Xxxxxxx Xxxxx 

Name: Xxxxxxx Xxxxx
Title: Treasurer