0001193125-06-053689 Sample Contracts

REVOLVING CREDIT AGREEMENT
Revolving Credit Agreement • March 14th, 2006 • Odyssey Marine Exploration Inc • Water transportation • Florida

THIS REVOLVING CREDIT AGREEMENT, made this 21st day of April, 2005, by and between ODYSSEY MARINE EXPLORATION, INC., a Nevada corporation, whose address is 5215 West Laurel Street, Tampa, Florida 33607 (“Borrower”), and MERCANTILE BANK, whose address is 2307 West Kennedy Boulevard, Tampa, FL 33609 (“Lender”).

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SECURITY AGREEMENT
Security Agreement • March 14th, 2006 • Odyssey Marine Exploration Inc • Water transportation • Florida

THIS SECURITY AGREEMENT (this “Agreement”) is entered into this 21 day of April, 2005 by and between ODYSSEY MARINE EXPLORATION, INC., a Nevada corporation (“Debtor”), and MERCANTILE BANK (“Secured Party”).

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