0001275477-14-000030 Sample Contracts

MANAGEMENT AGREEMENT by and between Orchid Island Capital, Inc. and Bimini Advisors, LLC Dated as of February 20, 2013
Management Agreement • April 3rd, 2014 • Orchid Island Capital, Inc. • Real estate investment trusts • Maryland

MANAGEMENT AGREEMENT, dated as of February 20, 2013, by and between Orchid Island Capital, Inc., a Maryland corporation (the “Company”), and Bimini Advisors, LLC., a Maryland limited liability company (the “Manager”).

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First Amendment to Management Agreement
Management Agreement • April 3rd, 2014 • Orchid Island Capital, Inc. • Real estate investment trusts

This First Amendment to Management Agreement (the “Amendment”) is entered into effective as of April 1, 2014 (the “Effective Date”), by and between Orchid Island Capital, Inc., a Maryland corporation (the “Company”), and Bimini Advisors, LLC, a Maryland limited liability company (“Manager”).

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