0000950136-08-001500 Sample Contracts

Contract
Thirteenth Supplemental Indenture • March 26th, 2008 • Navios Maritime Holdings Inc. • Deep sea foreign transportation of freight • New York

THIRTEENTH SUPPLEMENTAL INDENTURE (this “Thirteenth Supplemental Indenture”), dated as of March 11, 2008, is entered into by and among Navios Maritime Holdings Inc. (or its permitted successor), a Marshall Islands corporation (the “Company”), Orbiter Shipping Corp., a Marshall Islands corporation (the “Guaranteeing Subsidiary”) and 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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