ADDENDUM NO. 1 to a CONSULTANCY AGREEMENT with effect as of 1st January 2013 (the “Agreement”) between OCEAN RIG MANAGEMENT INC. of Marshall Islands (the “Company”) and (the “Consultant”)Consultancy Agreement • March 11th, 2016 • Ocean Rig UDW Inc. • Drilling oil & gas wells
WHEREAS pursuant to the terms of the Agreement, the Company engaged the Consultant to act as Consultant for the Company and/or Ocean Rig UDW Inc. of Marshall Islands (“UDW”) and/or any affiliates, subsidiaries or holding companies thereof (the “Affiliates”) as directed by the Company, to provide the services set forth in clause 3 of the Agreement.
TERMINATION, RELEASE AND SHARE TRANSFER AGREEMENTTermination, Release and Share Transfer Agreement • March 11th, 2016 • Ocean Rig UDW Inc. • Drilling oil & gas wells • New York
This TERMINATION, RELEASE AND SHARE TRANSFER AGREEMENT (this “Agreement”), dated as of August 13, 2015 is entered into among (i) DRYSHIPS INC. (the “Borrower”), (ii) ALLEY FINANCE CO. (the “Lender”), and (iii) for purposes of Section 3 hereof only, OCEAN RIG UDW INC. (“Ocean Rig”). Capitalized terms used but not defined herein shall have the meanings specified in the Loan Agreement (defined below).
