TERMINATION AND SETTLEMENT AGREEMENTTermination and Settlement Agreement • October 5th, 2021 • Odyssey Marine Exploration Inc • Water transportation • Florida
THIS TERMINATION AND SETTLEMENT AGREEMENT (this “Agreement”) is made and entered into effective as of October 4, 2021 (the “Effective Date”), by and among ODYSSEY MARINE EXPLORATION, INC., a Nevada corporation (“Odyssey”), ALDAMA MINING COMPANY, S. DE R.L. DE C.V., a Mexican company (“Aldama”), ODYSSEY MARINE ENTERPRISES, LTD., a Bahamian company (“Enterprises”), OCEANICA MARINE OPERATIONS, S.R.L., a Panamanian company (“OMO”), and ODYSSEY MARINE SERVICES, INC., a Nevada corporation (“OMS”), on the one hand; and MONACO FINANCIAL, LLC, a California limited liability company (“Monaco”), MAGELLAN LIMITED, a Guernsey company (“Magellan”), and SMOM LIMITED, a Jersey company (“SMOM”), on the other hand. As used in this Agreement (a) Odyssey, Aldama, Enterprises, OMO, and OMS are collectively referred to as the “Odyssey Parties,” and (b) Monaco, Magellan, and SMOM are collectively referred to as the “Monaco Parties.”
