0001193125-04-053205 Sample Contracts

AMENDMENT NO. 4 TO EMPLOYMENT AGREEMENT
Employment Agreement • March 30th, 2004 • Conrad Industries Inc • Ship & boat building & repairing

This Amendment No. 4 to Employment Agreement (this “Fourth Amendment”), by and among Conrad Industries, Inc., a Delaware corporation, Conrad Shipyard, L.L.C., a Louisiana limited liability company (together, the “Company”), and John P. Conrad, Jr. (“Executive”) is hereby entered into effective as of March 1, 2004.

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AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT
Employment Agreement • March 30th, 2004 • Conrad Industries Inc • Ship & boat building & repairing

This Amendment No. 2 to Employment Agreement (this “Second Amendment”), by and between Conrad Industries, Inc., a Delaware corporation (the “Company”), and Lewis J. Derbes, Jr. (“Executive”) is hereby entered into effective as of March 1, 2004.

FIFTH AMENDMENT TO THIRD AMENDED AND RESTATED LOAN AGREEMENT
Loan Agreement • March 30th, 2004 • Conrad Industries Inc • Ship & boat building & repairing

This Fifth Amendment to Third Amended and Restated Loan Agreement (the “Fifth Amendment”) is dated February 13, 2004 and is made by and among Whitney National Bank (“Lender”), Conrad Shipyard, L.L.C. (“Borrower”), Orange Shipbuilding Company, Inc. (“Orange”) and Conrad Industries, Inc. (“Conrad”).

AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT
Employment Agreement • March 30th, 2004 • Conrad Industries Inc • Ship & boat building & repairing

This Amendment No. 2 to Employment Agreement (this “Second Amendment”), by and between Conrad Industries, Inc., a Delaware corporation (the “Company”), and Kenneth G. Myers, Jr. (“Executive”) is hereby entered into effective as of March 1, 2004.

SIXTH AMENDMENT TO THIRD AMENDED AND RESTATED LOAN AGREEMENT
Loan Agreement • March 30th, 2004 • Conrad Industries Inc • Ship & boat building & repairing

This Sixth Amendment to Third Amended and Restated Loan Agreement (the “Sixth Amendment”) is dated March 26, 2004 and is made by and among Whitney National Bank (“Lender”), Conrad Shipyard, L.L.C. (“Borrower”), Orange Shipbuilding Company, Inc. (“Orange”) and Conrad Industries, Inc. (“Conrad”).

AMENDMENT NO. 4 TO EMPLOYMENT AGREEMENT
Employment Agreement • March 30th, 2004 • Conrad Industries Inc • Ship & boat building & repairing

This Amendment No. 4 to Employment Agreement (this “Fourth Amendment”), by and among Conrad Industries, Inc., a Delaware corporation, Conrad Shipyard, L.L.C., a Louisiana limited liability company (together, the “Company”), and J. Parker Conrad (“Executive”) is hereby entered into effective as of March 1, 2004.

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