0000950123-08-017291 Sample Contracts

Contract
Supplemental Indenture • December 10th, 2008 • Navios Maritime Holdings Inc. • Deep sea foreign transportation of freight • New York

TWENTY-FIRST SUPPLEMENTAL INDENTURE (this “Twenty-first Supplemental Indenture”), dated as of November 10, 2008, is entered into by and among Navios Maritime Holdings Inc. (or its permitted successor), a Marshall Islands corporation (the “Company”), Quena Shipmanagement Inc., Astra Maritime Corporation and Primavera Shipping Corporation, each a Marshall Islands corporation (each a “Guaranteeing Subsidiary” and collectively, the “Guaranteeing Subsidiaries”) and each an indirect subsidiary of the Company, the other Guarantors (as defined in the Indenture referred to herein) and Wells Fargo Bank, N.A. (or its permitted successor) as trustee under the Indenture referred to below (the “Trustee”).

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