THIRD AMENDMENT TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • April 5th, 2012 • Odyssey Marine Exploration Inc • Water transportation • Florida
This Third Amendment to Loan and Security Agreement (the “Third Amendment”) is executed on this __30_ day of March, 2012, between FIFTH THIRD BANK, an Ohio banking corporation, having a mailing address of 201 East Kennedy Boulevard, Suite 1800, Tampa, Florida 33602 (the “Bank”) and ODYSSEY MARINE EXPLORATION, INC., a Nevada corporation authorized to do business in Florida, having its principal place of business at 5215 West Laurel Street, Tampa, Florida 33607 (the “Borrower”), and amends and modifies that certain Revolving Credit Loan and Security Agreement dated February 8, 2008, as previously amended by First Amendment dated April 23, 2010, and Second Amendment dated May 4, 2011 (collectively the “Loan Agreement”), as follows:
