<SEC-DOCUMENT>0001193125-13-310282.txt : 20130730
<SEC-HEADER>0001193125-13-310282.hdr.sgml : 20130730
<ACCEPTANCE-DATETIME>20130730163234
ACCESSION NUMBER:		0001193125-13-310282
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		7
CONFORMED PERIOD OF REPORT:	20130724
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20130730
DATE AS OF CHANGE:		20130730

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ODYSSEY MARINE EXPLORATION INC
		CENTRAL INDEX KEY:			0000798528
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER TRANSPORTATION [4400]
		IRS NUMBER:				841018684
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31895
		FILM NUMBER:		13996298

	BUSINESS ADDRESS:	
		STREET 1:		5215 WEST LAUREL STREET
		CITY:			TAMPA
		STATE:			FL
		ZIP:			33607
		BUSINESS PHONE:		(813) 876-1776

	MAIL ADDRESS:	
		STREET 1:		5215 WEST LAUREL STREET
		CITY:			TAMPA
		STATE:			FL
		ZIP:			33607

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNIVERSAL CAPITAL CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d575217d8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 8-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P>
<P STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P STYLE="margin-top:4px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="5"><B>UNITED STATES </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="5"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="3"><B>WASHINGTON, D.C. 20549 </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center>
<P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="5"><B>FORM 8-K
</B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>CURRENT REPORT </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="3"><B>Pursuant to Section&nbsp;13 or 15(d) </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>of the Securities Exchange Act of
1934 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>Date of Report (Date of earliest event reported): July&nbsp;24, 2013 </B></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="6"><B>O<SMALL>DYSSEY</SMALL> M<SMALL>ARINE</SMALL> E<SMALL>XPLORATION</SMALL>, I<SMALL>NC</SMALL>. </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(Exact name of registrant as specified in its charter) </B></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>


<TR>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Nevada</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>001-31895</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>84-1018684</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(State or Other Jurisdiction</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="1"><B>of Incorporation)</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(Commission</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="1"><B>File Number)</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(IRS Employer</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="1"><B>Identification No.)</B></FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>5215 West Laurel Street </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>Tampa, Florida 33607 </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(Address of Principal Executive Offices and Zip
Code) </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Registrant&#146;s telephone number, including area code: (813)&nbsp;876-1776 </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Not Applicable </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="1"><B>(Former Name or Former Address, if Changed Since Last Report) </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center>
<P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Check the
appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): </FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </FONT></TD></TR></TABLE>
<P STYLE="font-size:10px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="line-height:0px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P>
<P STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Item&nbsp;1.01. </B><B><I>Entry Into a Material Definitive Agreement</I></B><B> . </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The disclosure set forth below under Item&nbsp;2.03 (Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet
Arrangement of a Registrant) is hereby incorporated by reference into this Item&nbsp;1.01. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Item&nbsp;2.03. </B><B><I>Creation of a Direct
Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant. </I></B><B> </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">On July&nbsp;24,
2013, Odyssey Marine Exploration, Inc. entered into a loan agreement with Fifth Third Bank that provides a credit facility of $10.0 million. The facility will mature on July&nbsp;24, 2014. The term loan bears interest at a floating rate equal to the
one month LIBOR rate plus 500 basis points. Odyssey may make prepayments in whole or in part without premium or penalty. An origination fee of $50,000 was payable at closing. A restricted cash deposit of $500,000 was made to cover interest payments
for the loan. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The term loan is secured by approximately $15.0 million worth of silver recovered from either the SS
<I>Gairsoppa</I> or the SS <I>Mantola</I> shipwreck projects. The Company is required to comply with a number of customary covenants. The proceeds of the credit facility will be used to fund the project recovery costs. The Company took a $10 million
draw against the facility on July&nbsp;24, 2013. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Item&nbsp;5.02</B><B><I>. Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</I></B><B> </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">On July&nbsp;25,
2013 The Board of Directors appointed Mr.&nbsp;Mark&nbsp;B. Justh, age 48, to its Board of Directors. The appointment increases the size the board to seven directors, including five independent directors. Mr.&nbsp;Justh previously served for twelve
years at JP Morgan. There he was a managing director and head of Pan Asian Equities Distribution in Hong Kong. During his tenure at JP Morgan he was also responsible for Cash Equities Distribution in the Americas. Prior to JP Morgan, Mr.&nbsp;Justh
was a partner at a startup fund in the media space, HPJ Media Ventures/DeNovo Capital. Earlier in his career, he was a vice president at Goldman Sachs International in International Equities. Mr.&nbsp;Justh holds a B.A. in economics from Princeton
University, an M.S. degree in real estate finance from New York University, and an MBA from INSEAD (Fontainebleau, France). He was also honorably discharged from the U.S. Army Reserve as a first lieutenant in the Medical Service Corps. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Item&nbsp;8.01. </B><B><I>Other Events </I></B><B> </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The company issued a press release on July&nbsp;22, 2013 announcing the recovery of silver cargo from the <I>Gairsoppa</I>. The company issued a press release on July&nbsp;29, 2013 announcing the
appointment of Mark B. Justh to the Board of Directors. A copy of the press releases are attached as Exhibit 99.1 and Exhibit 99.2, respectively, and incorporated herein by reference. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>Item&nbsp;9.01. </B><B><I>Financial Statements and Exhibits. </I></B><B> </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a) <I>Financial Statements of Businesses Acquired.</I> </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Not applicable. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(b) <I>Pro Forma Financial Information.</I> </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Not applicable. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(c) <I>Shell Company Transactions.</I> </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Not applicable. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(c) <I>Exhibits.</I> </FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="94%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="94%"></TD></TR>


<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT STYLE="font-family:Times New Roman" SIZE="2">10.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Loan Agreement dated July&nbsp;24, 2013, with Fifth Third Bank</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT STYLE="font-family:Times New Roman" SIZE="2">10.2</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Non-Revolving Line of Credit Promissory Note dated July 24, 2013 with Fifth third Bank</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT STYLE="font-family:Times New Roman" SIZE="2">99.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Press Release dated July 22, 2013 announces recovery of 1.8 million ounces of silver from shipwreck</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT STYLE="font-family:Times New Roman" SIZE="2">99.2</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Press Release dated July&nbsp;29, 2013 announces Mark B. Justh appointment to Board of Directors.</FONT></TD></TR>
</TABLE></DIV>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>SIGNATURES </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
</FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="41%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="40%"></TD></TR>


<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>O<SMALL>DYSSEY</SMALL> M<SMALL>ARINE</SMALL> E<SMALL>XPLORATION</SMALL>, I<SMALL>NC</SMALL> .</B></FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Dated: July&nbsp;30, 2013</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">/<SMALL>S</SMALL>/&nbsp;&nbsp;&nbsp;&nbsp;M<SMALL>ICHAEL</SMALL> J.
H<SMALL>OLMES</SMALL></FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Michael J. Holmes</B></FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Chief Financial Officer</B></FONT></TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>d575217dex101.htm
<DESCRIPTION>LOAN AGREEMENT
<TEXT>
<HTML><HEAD>
<TITLE>Loan Agreement</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Exhibit 10.1 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B><U>LOAN AGREEMENT </U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">This LOAN AGREEMENT (the &#147;Agreement&#148;)
dated as of July&nbsp;24, 2013, is made between <B>FIFTH THIRD BANK</B>, an Ohio banking corporation (the &#147;Lender&#148;), whose address is: 201 E. Kennedy Boulevard, Suite 1800, Tampa, Florida 33602, and <B>ODYSSEY MARINE EXPLORATION, INC.</B>,
a Nevada corporation authorized to do business in the State of Florida (the &#147;Borrower&#148;), whose address is: 5215 West Laurel Street, Tampa, Florida 33607. </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B><U>BACKGROUND </U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">A. Borrower has applied to Lender for a term loan not
to exceed TEN MILLION DOLLARS ($10,000,000.00), (the &#147;Loan&#148;) to be evidenced by a commercial term promissory note (the &#147;Note&#148;) and secured by a collateral assignment of contract rights and proceeds under contracts with the
Department for Transport Marine and Aviation Insurance War Risk, United Kingdom of Great Britain, for salvage of silver from the wrecks of the SS Mantola and the SS Gairsoppa. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">B. Lender is willing to make the Loan described above based on the terms and conditions set forth in this Loan Agreement. </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B><U>OPERATIVE TERMS </U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>1. BACKGROUND AND DEFINED TERMS. </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">1.1. <U>Background</U>. The Background set forth above is true and correct and is incorporated by this reference. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">1.2. <U>Defined Terms</U>. As used in this Agreement, the following terms shall have the following meanings: </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Cargo Report&#148; shall have the meaning ascribed in Section&nbsp;2.6 (b). </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Collateral Assignment of Contract Rights and Proceeds&#148; shall have the meaning ascribed in <U>Section&nbsp;3.1</U> below.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Default&#148; shall have the meaning ascribed in <U>Section&nbsp;8.1</U> below. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Department&#148; shall mean the Department for Transport Marine and Aviation Insurance War Risk, United Kingdom of Great Britain.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;JBR Salvage Insurance Policy&#148; means that certain All Risks of Physical Loss or Damage Insurance Policy issued by
Lloyd&#146;s Underwriter Syndicate No.&nbsp;2987 BRT, Policy No. MA 1302002, which insures the value of property recovered by the Borrower under the UK Salvage Contracts after delivery to and in possession of the JBR refinery. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Loan&#148; means the loan advanced by Lender to Borrower in the maximum principal
amount of $10,000,000.00 as evidenced by the Note. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Loan Documents&#148; means this Agreement, the Note, the Collateral
Assignment of Contract Rights and Proceeds, and any other document executed or delivered by Borrower as evidence of, security for, or otherwise in connection with, the Loan. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">&#147;Maturity Date&#148; means July&nbsp;24, 2014. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Note&#148; means that
certain Non-Revolving Line of Credit Promissory Note dated the date of this Agreement, made by Borrower to the order of Lender, in the original principal amount of $10,000,000.00. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Obligations&#148; means any and all indebtedness and other obligations under the Note, all obligations under this Loan Agreement
and any other Loan Documents between Borrower and Lender, or its affiliates, whenever executed. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Origination Fee&#148;
shall have the meaning ascribed in <U>Section&nbsp;2.5</U> below. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Project Costs&#148; shall mean all costs expended by
the Borrower as required under the terms of the UK Salvage Contracts. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Permitted Liens&#148; shall have the meaning
ascribed in <U>Section&nbsp;4.8</U> below. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;UK Salvage Contracts&#148; shall mean the contracts with the Department for
Transport Marine and Aviation Insurance War Risk, United Kingdom of Great Britain, for salvage of silver from the wrecks of the SS Mantola and the SS Gairsoppa. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>2. LOAN AMOUNT AND TERMS. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B>2.1. <U>Loan</U>. Subject to the terms,
provisions and conditions, and relying upon the representations and warranties of Borrower provided herein, Lender agrees to advance the Loan to Borrower in accordance with the terms of the Note and this Agreement. Borrower agrees to accept the Loan
and to use the proceeds thereof only for the Project Costs required under the UK Salvage Contracts. <B> </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">2.2.
<U>Conditions to Extension of Loan</U>. Lender&#146;s obligation and agreement to make the Loan is conditioned upon, and is made subject to, the following terms and conditions: </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a) <U>Execution and Delivery of Loan Documents</U>. Lender shall make the Loan available to Borrower upon the execution of this
Agreement, and the execution and delivery by Borrower of the Note, the Collateral Assignment of Contract Rights and Proceeds and other Loan Documents. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">2 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(b) <U>Primary Banking Relationship</U>. Borrower agrees to establish its primary banking
relationship with Lender and move to and maintain with Lender all accounts as may be necessary as part thereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(c)
<U>Required Financial Statement Deliverables</U>. Borrower shall deliver or cause to be delivered to Lender the financial statements and SEC 10-Q filings for Borrower as provided in Section&nbsp;7.1 below. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(d) <U>Insurance Policy</U>. Borrower shall deliver or cause to be delivered to Lender a copy of the JBR Salvage Insurance Policy, which
shall specifically insure the silver and proceeds under the UK Salvage Contracts, naming Lender as an additional insured, in form and substance satisfactory to Lender. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">2.3. <U>Term</U>. The Loan will be for a term due and payable in full on the Maturity Date. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">2.4. <U>Repayment Terms</U>. The Loan will accrue interest and will be repayable in accordance with the terms of the Note. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">2.5. <U>Loan Fee and Closing Costs</U>. Borrower agrees to pay Lender a non-refundable loan origination fee in the amount of $50,000.00 (the &#147;Origination Fee&#148;) upon closing of the Loan. Borrower
and Lender recognize and agree that the Origination Fee (i)&nbsp;is not a charge for the use of money, but rather a purchase of the right to secure a loan of money on the part of Borrower; and (ii)&nbsp;is a material inducement for Lender to make
the Loan and for having Lender ready, willing and able to fund the Loan in accordance with the terms of this Agreement. Borrower&#146;s payment of the Origination Fee to Lender is and shall be in addition to all other payments (including without
limitation principal and interest) now or hereafter payable to Lender pursuant to the terms and conditions of the Note or the other Loan Documents. At closing Borrower shall pay all Loan costs and fees as set forth on a Loan Settlement Statement.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">2.6. <U>Loan Disbursements</U>. The Loan proceeds shall be reserved by Lender and disbursed to Borrower under the following
procedures: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a) <U>Interest Reserve Account</U>. At closing, the sum of $500,000.00 of the Loan proceeds shall be disbursed
by Lender to an Interest Reserve Account with Lender (the &#147;Interest Reserve&#148;). All accrued interest payments payable under the terms of the Note shall automatically be debited from the Interest Reserve Account. The Interest Reserve Account
is hereby pledged as additional security for the Loan. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(b) <U>Loan Advance</U>. Under the terms of the Odyssey Cargo
Insurance Policy, as the silver is salvaged from the wrecks, Borrower is obligated to deliver cargo reports to the Odyssey Cargo Insurer detailing the inventory (serial bar codes, </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">3 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
identification marks, measurements, weight, number of pieces/ingots, etc.), and the estimated value of the cargo (the &#147;Cargo Reports&#148;). Borrower has delivered to the Odyssey Cargo
Insurer, the Cargo Report of current silver inventory, attached hereto as <B><U>Exhibit &#147;A&#148;</U></B> (the &#147;Silver Inventory&#148;), and hereby confirms that all Silver Inventory listed in the Cargo Report has been delivered for
processing and has a value of not less than $25,000,000, and therefor meets the Lender&#146;s requirements for releasing the proceeds of the Loan. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>3. COLLATERAL. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">3.1. <U>Collateral Assignment of Contract Rights and
Proceeds</U>. Borrower&#146;s obligations to repay the Loan to Lender and under this Agreement are secured, <I>inter alia</I>, by a first priority collateral assignment of all of Borrower&#146;s rights and proceeds from the UK Salvage Contracts,
under which Borrower is to receive 80% of the net sale proceeds from the refined silver recovered from the SS Mantola and the SS Gairsoppa ship wrecks after sale on the London Commodity Exchange (net of salvage costs) and any reimbursement of
Project Costs expended by Borrower (the &#147;Salvage Proceeds&#148;). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">3.2. <U>Assignment and Security Agreement and Pledge
of Depository Account</U>. Borrower shall establish a depository account (the &#147;Salvage Proceeds Account&#148;) with Lender for the deposit of all Salvage Proceeds from the sale of silver and any reimbursement to the Borrower for Project Costs
under the terms of the UK Salvage Contracts that are payable to Borrower, and shall instruct the Department to wire payment of all such proceeds directly into the Salvage Proceeds Account and to provide Lender with advance notice of each wire into
the Salvage Proceeds Account. The Salvage Proceeds Account shall be pledged by Borrower as additional collateral for the Loan. All UK Salvage Contracts proceeds which are deposited into the Salvage Proceeds Account shall be applied by Lender for
principal re-payment of the Loan and the Borrower hereby authorizes Lender to make such payments. The funds in the Deposit Account shall not be available to the Borrower for any other purpose until the Loan and any outstanding commodity derivatives
and/or hedges contract liabilities are fully repaid. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>4. REPRESENTATIONS AND WARRANTIES. </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">When Borrower signs this Agreement, and until Lender is repaid in full, Borrower makes the following representations and warranties:
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">4.1. <U>Formation and Good Standing</U>. Borrower is duly formed and existing under the laws of the state or other
jurisdiction where organized. In each state in which Borrower does business, Borrower is in good standing and possesses all permits and licenses required and necessary to enable it to conduct the business in which it is now engaged. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">4 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">4.2. <U>Authorization</U>. This Agreement, and any instrument or agreement required
hereunder, are within Borrower&#146;s powers, have been duly authorized, and do not conflict with any of Borrower&#146;s organizational documents. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">4.3. <U>Enforceable Agreement</U>. This Agreement is a legal, valid and binding agreement of Borrower, enforceable against Borrower in accordance with its terms, and any instrument or agreement required
hereunder, when executed and delivered, will be similarly legal, valid, binding and enforceable. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">4.4. <U>No Conflicts</U>.
The execution, delivery and performance by Borrower of this Agreement and other Loan Documents to which it is a party do not (i)&nbsp;contravene, or constitute (with or without the giving of notice or lapse of time or both) a violation of any
provision of applicable law, a violation of the organizational documents of Borrower, or a default under any agreement, judgment, injunction, order, decree or other instrument binding upon or affecting Borrower, (ii)&nbsp;result in the creation or
imposition of any lien (other than the lien(s) created by the Loan Documents) on any of Borrower&#146;s assets, or (iii)&nbsp;give cause for the acceleration of any obligations of Borrower to any other creditor. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">4.5. <U>Financial Information</U>. All financial and other information that has been or will be supplied to Lender is true, correct and
complete in all material respects and is sufficient to give Lender accurate knowledge of Borrower&#146;s financial condition, including all material contingent liabilities. Since the date of the most recent financial statement provided to Lender,
there has been no material adverse change in the business condition (financial or otherwise), operations, properties or prospects of Borrower. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">4.6. <U>Discharge of Liens and Taxes</U>. Borrower has duly filed, paid and/or discharged all taxes or other claims that may become a lien on any of its property or assets, except to the extent that such
items are being appropriately contested in good faith and an adequate reserve for the payment thereof is being maintained. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">4.7. <U>Lawsuits</U>. There is no lawsuit, tax claim or other dispute pending or threatened against Borrower which, if lost, would impair
Borrower&#146;s financial condition or ability to repay the Loan, except as have been disclosed in writing to Lender. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">4.8.
<U>Asset Ownership</U>. Borrower has good and marketable title to all of the properties and assets reflected on the balance sheets and financial statements supplied Lender by Borrower, and all such properties and assets are free and clear of
mortgages, security deeds, pledges, liens, charges, and all other encumbrances, except as otherwise disclosed to Lender by Borrower in writing and approved by Lender (&#147;Permitted Liens&#148;). To Borrower&#146;s knowledge, no default has
occurred under any Permitted Liens and no claims or interests adverse to Borrower&#146;s present rights in its properties and assets have arisen. Borrower has duly filed, paid and/or discharged all taxes or other claims which may become a lien on
any of its property or assets, excepting to the extent that such items are being appropriately contested in good faith and an adequate reserve for the payment thereof is being maintained. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">5 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">4.9. <U>Other Obligations</U>. Borrower is not in default on any obligation for borrowed
money, any purchase money obligation or any other material lease, commitment, contract, instrument or obligation, except as have been disclosed in writing to Lender. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">4.10. <U>Tax Matters</U>. Borrower has no knowledge of any pending assessments or adjustments of its income tax for any year and all taxes due have been paid, except as have been disclosed in writing to
Lender. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">4.11. <U>No Event of Default</U>. There is no event which is, or with notice or lapse of time or both would be, a
Default under this Agreement and/or the Note. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">4.12. <U>Sufficiency of Capital</U>. Borrower is not, and after consummation of
this Agreement and after giving effect to all indebtedness incurred and liens created by Borrower in connection with the Note and any other Loan Documents, will not be, insolvent within the meaning of 11 U.S.C. &#167; 101, as in effect from time to
time. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">4.13. <U>Compliance with Laws</U>. Borrower is in compliance in all material respects with all federal, state and local
laws, rules and regulations applicable to its properties, operations, business, and finances, including, without limitation, all applicable federal, state and local laws and regulations intended to protect the environment; and the Employee
Retirement Income Security Act of 1974, as amended, if applicable. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">4.14. <U>OFAC</U>. None of Borrower, or any subsidiary or
affiliate of Borrower or any Guarantor is a Sanctioned Person or has any of its assets in a Sanctioned Country or does business in or with, or derives any of its operating income from investments in or transactions with, Sanctioned Persons or
Sanctioned Countries in violation of economic sanctions administered by OFAC. The proceeds from the Loan will not be used to fund any operations in, finance any investments or activities in, or make any payments to, a Sanctioned Person or a
Sanctioned Country. &#147;OFAC&#148; means the U.S. Department of the Treasury&#146;s Office of Foreign Assets Control. &#147;Sanctioned Country&#148; means a country subject to a sanctions program identified on the list maintained by OFAC and
available at http://www.treas.gov/offices/enforcement/ofac/programs/index.shtml, or as otherwise published from time to time. &#147;Sanctioned Person&#148; means (i)&nbsp;a person named on the list of Specially Designated Nationals or Blocked
Persons maintained by OFAC available at http://www.treas.gov/offices/enforcement/ofac/sdn/index.shtml, or as otherwise published from time to time, or (ii)&nbsp;(A)&nbsp;an agency of the government of a Sanctioned Country, (B)&nbsp;an organization
controlled by a Sanctioned Country, or (C)&nbsp;a person resident in a Sanctioned Country to the extent subject to a sanctions program administered by OFAC. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">4.15. <U>Location of Borrower</U>. The place of business of Borrower is located at the address listed on the first page of this Agreement. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">6 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">4.16. <U>Representations Regarding the UK Salvage Contracts</U>. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a) The UK Salvage Contracts are in full force and effect, and Borrower has not received any notice of any default under the UK Salvage
Contract. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(b) There is no other assignment of any of its rights under or its interest in the UK Salvage Contracts to any
other person. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(c) Borrower has done no act nor omitted to do any act which might prevent Lender from, or limit Lender in,
acting under any of the provisions in the UK Salvage Contracts. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(c) Borrower is not prohibited under any agreement with any
other person or any judgment or decree from the execution and delivery of this Assignment of the UK Salvage Contracts. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(d) No
action has been brought or threatened which would in any way interfere with the right of Borrower to execute the Collateral Assignment of Contract Rights and Proceeds, and perform all of Borrower&#146;s obligations thereunder. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(e) Borrower has obtained all necessary approvals by any governmental agency or foreign authority required to fulfill the terms of this
Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">4.17 <U>Loan Subordinations</U>. Any related party notes payable by Borrower, to owners of Borrower, or to other
related parties, now existing or hereafter made are and shall be subordinated to the lien of the Loan granted herein. Borrower confirms that all related party debts are fully disclosed on the financial statements provided to Lender and in the event
Lender so requires, such related parties shall enter into subordination agreements to evidence the requirements of this Section. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">4.18 <U>Continuing Effectiveness</U>. The effectiveness of this Agreement shall be subject to the continuing accuracy of all representations and warranties of the Borrower contained herein. Each advance
made to the Borrower pursuant to the Agreement shall constitute an automatic warranty and representation by Borrower to Lender that there does not exist a Default (as herein defined) or any event or condition which, with notice, lapse of time and/or
the making of such advance, would constitute a Default, and a reaffirmation as of the date of said request of all the representations and warranties of Borrower contained in the Agreement. Borrower covenants, warrants and represents to Lender that
all representations and warranties contained in this Agreement shall be true in all material respects at the time of execution of the Loan Documents and shall survive the execution, delivery and acceptance thereof by the parties thereto and the
closing of the transactions described therein or related thereto. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">7 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>5. AFFIRMATIVE COVENANTS. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Borrower covenants and agrees, so long as credit is available under this Agreement and until Lender is repaid in full, that Borrower will: </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">5.1. <U>Business Continuity</U>. Conduct its business in substantially the same manner as such business is now and has heretofore been
carried on and conducted. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">5.2. <U>Existence</U>. Comply fully with all applicable statutes, laws and regulations, and
maintain the existence of itself. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">5.3. <U>Maintenance of Assets</U>. Maintain, preserve and keep its property and assets in
good repair, working order and condition, making all needed replacements, additions, improvements and renewals thereto, to the extent allowed by this Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">5.4. <U>Access to Books and Records</U>. Allow Lender, or its agents, during normal business hours, at Borrower&#146;s primary place of business to have access to the books, financial records and such
other financial documents of Borrower, as Lender shall reasonably require, and allow Lender to make copies thereof at Lender&#146;s expense which copies will be kept confidential by Lender. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">5.5. <U>Notices to Lender</U>. Promptly notify Lender in writing of: </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a) Any substantial dispute between any governmental authority and Borrower. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(b) Any Default under this Agreement, or any event which, with notice or lapse of time or both, would constitute an event of Default.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(c) Any material adverse change in Borrower&#146;s business condition (financial or otherwise), operations, properties or
prospects, or ability to repay the credit. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(d) Any change in Borrower&#146;s name, legal structure, place of business, or
chief executive office if Borrower has more than one place of business. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(e) Any actual contingent liabilities of Borrower,
and any such contingent liabilities which are reasonably foreseeable. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">5.6. <U>Insurance</U>. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a) <U>General Business Insurance</U>. To maintain insurance satisfactory to Lender as to amount, nature and carrier covering property
damage (including loss of use and occupancy) to any of Borrower&#146;s properties, business interruption insurance, public liability insurance including coverage for contractual liability, product liability and workers&#146; compensation, and any
other insurance which is usual for Borrower&#146;s business. The insurance must be issued by an insurance company acceptable to Lender and must name Lender as an additional insured party. Each policy shall provide for at least thirty (30)&nbsp;days
prior notice to Lender of any cancellation thereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(b) <U>Insurance Covering Collateral</U>. To maintain in good standing
the JBR Salvage Insurance Policy, as applicable, covering the collateral for this Loan for the </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">8 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
full replacement cost of the collateral. The insurance must be issued by an insurance companies acceptable to Lender and must include a lender&#146;s loss payable endorsement in favor of Lender
in a form acceptable to Lender and shall provide for at least thirty (30)&nbsp;days prior notice to Lender of any cancellation thereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">(c) <U>Evidence of Insurance</U>. Upon the request of Lender, to deliver to Lender a copy of each insurance policy, or, if permitted by Lender, a certificate of insurance listing all insurance in force.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">5.7. <U>Compliance with Laws</U>. To comply with the laws, regulations, and orders of any government body with authority over
Borrower&#146;s business. Lender shall have no obligation to make any advance to Borrower except in compliance with all applicable laws and regulations and Borrower shall fully cooperate with Lender in complying with all such applicable laws and
regulations. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">5.8. <U>Audits</U>. To allow Lender and its agents to inspect Borrower&#146;s properties and examine, audit, and
make copies of books and records at any reasonable time. If any of Borrower&#146;s properties, books or records are in the possession of a third party, Borrower authorizes that third party to permit Lender or its agents to have access to perform
inspections or audits and to respond to Lender&#146;s requests for information concerning such properties, books and records. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">5.9. <U>Perfection of Liens</U>. To help Lender perfect and protect its security interests and liens, and reimburse it for related costs
it incurs to protect its security interests and liens. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">5.10. <U>Cooperation</U>. To take any action reasonably requested by
Lender to carry out the intent of this Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">5.11. <U>Primary Banking Relationship</U>. Establish and maintain its
primary banking relationship with Lender and to move to Lender and maintain with Lender all accounts as may be necessary as part thereof. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">5.12. <U>Legal Claims to Salvaged Silver or Proceeds, and Safeguards</U>. Upon request by Lender, Borrower shall provide necessary documentation indicating that there are no potential sovereign/legal
claims to the silver or the proceeds therefrom that is being salvaged under the UK Salvage Contracts, and provide information to Lender regarding security procedures Borrower will implement to safeguard the silver. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">9 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>6. NEGATIVE COVENANTS. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Borrower covenants and agrees, so long as credit is available under this Agreement and until Lender is repaid in full, that Borrower <U>will not</U>: </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">6.1. <U>Change of Management</U>. Make any substantial change in the present executive or management personnel of Borrower without the
prior written approval of Lender. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">6.2. <U>Change of Ownership</U>. Cause, permit, or suffer any change in capital ownership
in the direct or indirect capital ownership of Borrower. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">6.3. <U>Additional Negative Covenants</U>. Without Lender&#146;s
written consent: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a) Enter into any consolidation, merger, or other combination with any other entity. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(b) Acquire or purchase a business or its assets. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">(c) Engage in any business activities substantially different from Borrower&#146;s present business. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">(d) Liquidate or dissolve Borrower&#146;s business. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">6.4. <U>No Consumer
Purpose</U>. Use this loan for personal, family, or household purposes. Lender may provide Borrower with certain disclosures intended for loans made for personal, family, or household purposes. The fact that Lender elects to make such disclosures
shall not be deemed a determination by Lender that the loan will be used for such purposes. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>7. FINANCIAL AND REPORTING COVENANTS.
</B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">7.1 <B><U>Financial Statements and Reports.</U></B> Borrower shall maintain systems of accounting established and
administered in accordance with Generally Accepted Accounting Principles. The Borrower will furnish to the Lender: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a) Within
120 days after the end of each fiscal year, the Borrower shall deliver to Lender audited financial statements and, upon filing with the SEC, a copy of its Annual Report on Form 10-K for such fiscal year. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(b) Within 60 days of the end of each of the first three quarters in each fiscal year, Borrower shall deliver to Lender a copy of its
Quarterly Report on Form 10-Q for such quarter. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(c) Concurrently with the statements furnished pursuant to paragraph
(a)&nbsp;of this <U>Section&nbsp;7.1</U>, a certificate of an authorized officer of the Borrower certifying that to the best of his knowledge, no Default has occurred hereunder, nor any event which with notice or lapse of time, or both, would
constitute such a Default, has occurred or, if such a Default or event has occurred, specifying the nature and extent thereof. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(d) Promptly, from time to time, such other information regarding the operation, business, affairs and financial condition of Borrower as
Lender may reasonably request. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">10 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">For the purposes of this <U>Section&nbsp;7.1</U>, Lender agrees that any report or other
document filed by Borrower with the SEC through the EDGAR system shall be deemed to have been concurrently delivered or provided to Lender. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>8. DEFAULT AND REMEDIES. </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">8.1. <U>Default</U>. The occurrence of any of the following shall constitute a &#147;Default&#148; under this Agreement: </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a) <U>Failure to Pay</U>. Borrower fails to make a payment including any interest, principal or fees under this Agreement or the Note
when due. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(b) <U>Default under Related Documents</U>. Any non-monetary default occurs (after the expiration of any applicable
notice and cure period) under this Agreement or the Loan Documents. The non-monetary defaults include, but are not limited to, the Borrower&#146;s failure to satisfy any covenant under this Agreement or the Loan Documents, any breach of
Borrower&#146;s representations or warranties under this Agreement or the Loan Documents or the occurrence of any change of control for the Borrower. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">(c) <U>False Information</U>. Borrower has given Lender any materially false or misleading information or representations. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">(d) <U>Bankruptcy</U>. Borrower files a bankruptcy petition, a bankruptcy petition is filed against Borrower, or Borrower makes a general assignment for the benefit of creditors. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(e) <U>Receivers</U>. A receiver or similar official is appointed for a substantial portion of Borrower&#146;s business, or the business
is terminated, or, if any Borrower is anything other than a natural person, such Borrower is liquidated or dissolved. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(f)
<U>Security Interest and Priority</U>. Lender fails to have an enforceable first lien security interest under the Collateral Assignment of Contract Rights and Proceeds given as security for this Agreement. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(g) <U>Lawsuits</U>. Any lawsuit or lawsuits are filed on behalf of one or more trade creditors against Borrower in an aggregate amount
of $100,000.00 or more in excess of any insurance coverage. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(h) <U>Judgments</U>. Any judgments or arbitration awards are
entered against Borrower, or Borrower enters into any settlement agreements with respect to any litigation or arbitration, in an aggregate amount of $100,000.00 or more in excess of any insurance coverage. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">11 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(i) <U>Material Adverse Change</U>. A material adverse change occurs, or is reasonably
likely to occur, in Borrower&#146;s business condition (financial or otherwise), operations, properties or prospects, or ability to repay the credit. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">(j) <U>Other Breach Under Agreement</U>. A default occurs under any other term or condition of this Agreement not specifically referred to in this <U>Section&nbsp;8.1</U>. This includes any failure or
anticipated failure by Borrower (or any other party named in the Covenants section) to comply with any financial covenants set forth in this Agreement, whether such failure is evidenced by financial statements delivered to Lender or is otherwise
known to Borrower or Lender. Any default, other than for nonpayment, may be cured within thirty (30)&nbsp;days after written notice thereof is mailed to Borrower by Lender. Borrower&#146;s right to cure shall be applicable only to curable Defaults
and shall not apply, without limitation, to Defaults based upon false information or bankruptcy. Lender shall not exercise its remedies to collect the Obligations, except as Lender reasonably deems necessary to protect its interests in collateral
securing the Obligations during a cure period. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">8.2. <U>Remedies</U>. In the event of the occurrence of a Default as described
above, and failure by Borrower to correct such Default within the applicable cure period, if any, then Lender may at any time thereafter, at its option, take any or all of the following actions, at the same or different times: </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a) Declare the balance of the Obligations be due and payable, both as to principal and interest, without presentment, demand, protest,
or other notice of any kind, all of which are hereby expressly waived by Borrower; and/or </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(b) Require Borrower to pledge such
collateral or additional collateral to Lender from Borrower&#146;s assets and properties, the acceptability and sufficiency of such collateral to be determined solely by Lender; and/or </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(c) Take immediate possession of any or all collateral including the personal property which may be granted to Lender as security for the
obligations of Borrower under this Agreement or pursuant to the Mortgage; and/or </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(d) Exercise such other rights and remedies
as Lender may be provided in the Loan Documents. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">8.3. <U>Waiver</U>. No failure or delay on the part of Lender in exercising
any right, power, or privilege granted pursuant to this Agreement shall operate as a waiver, nor shall a single or partial exercise thereof preclude any other or further exercise or the exercise of any other right, power or privilege. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">8.4. <U>No Reliance by Third Parties</U>. The rights of the Lender to declare a default of the Borrower under this Agreement or the Loan
Documents is a right exclusive to the Lender and shall under no circumstances inure to any third parties. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">12 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>9. CROSS-DEFAULT AND CROSS-COLLATERALIZATION</B>. Any Event of Default under the terms of the Loan shall
constitute and hereby is declared to be an immediate and absolute default under the terms of all loans between Lender and Borrower. Should an event of default occur under the terms of any of said loans, which event is subject to notice and cure
periods, if any, failure to cure such event of default within such curative period shall constitute an immediate default under this Loan and all such other loans owed by Borrower to Lender, Each of the foregoing loans between Lender and Borrower
shall also be cross-collateralized, whether such loans are now existing or hereafter entered into between Lender and Borrower at any time.<B> </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>10. OTHER PROVISIONS. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">10.1. <U>Florida Law</U>. This Agreement is
governed by Florida state law. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">10.2. <U>Successors and Assigns</U>. This Agreement is binding on Borrower&#146;s and
Lender&#146;s successors and assignees. Borrower agrees that it may not assign this Agreement without Lender&#146;s prior written consent. Lender may sell participations in or assign the Loan, and may exchange information about Borrower (including,
without limitation, any information regarding any hazardous substances) with actual or potential participants or assignees. If participation is sold or the loan is assigned, the purchaser will have the right of set-off against Borrower. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">10.3. <U>Severability; Waivers</U>. If any part of this Agreement is not enforceable, the rest of the Agreement may be enforced. Lender
retains all rights, even if it makes a loan after default. If Lender waives a default, it may enforce a later default. Any consent or waiver under this Agreement must be in writing. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">10.4. <U>Attorneys&#146; Fees</U>. Borrower shall reimburse Lender for any reasonable costs and attorneys&#146; fees incurred by Lender
in connection with the enforcement or preservation of any rights or remedies under this Agreement and any other documents executed in connection with this Agreement including but not limited to the Note, and in connection with any amendment, waiver,
&#147;workout&#148; or restructuring under this Agreement. In the event of a lawsuit or arbitration proceeding, the prevailing party is entitled to recover costs and reasonable attorneys&#146; fees incurred in connection with the lawsuit or
arbitration proceeding, as determined by the court or arbitrator. In the event that any case is commenced by or against Borrower under Bankruptcy Code (Title 11, United States Code) or any similar or successor statute, Lender is entitled to recover
costs and reasonable attorneys&#146; fees incurred by Lender related to the preservation, protection, or enforcement of any rights of Lender in such a case. As used in this paragraph, &#147;attorneys&#146; fees&#148; includes the allocated costs of
Lender&#146;s in-house counsel. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">13 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">10.5. <U>One Agreement</U>. This Agreement, the Note and any related security or other
agreements required by this Agreement, collectively represent the sum of the understandings and agreements between Lender and Borrower concerning this credit. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">10.6. <U>Stamps and Fees</U>. Borrower shall pay all federal or state stamps or taxes, or other fees and charges, if any, payable or determined to be payable by reason of the execution, delivery or
issuance of this Agreement, the Note, the other Loan Documents, or any security granted to Lender, or the making of any advance from time to time, whether they be payable upon execution or recurring from time to time, Borrower agrees to indemnify
and hold harmless Lender against any and all liability in respect therefor. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">10.7. <U>Limitation of Interest and Other
Charges</U>.&nbsp;Notwithstanding any other provision contained in this Agreement, Lender does not intend to charge and Borrower shall not be required to pay any amount of interest or other fees or charges that is in excess of the maximum permitted
by applicable law.&nbsp;Any payment in excess of such maximum shall be refunded to Borrower or credited against principal, at the option of Lender.&nbsp;It is the express intent hereof that Borrower not pay and Lender not receive, directly or
indirectly, interest in excess of that which may be lawfully paid under applicable law including the usury laws in force in the State of Florida. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">10.8. <U>Notices</U>. Unless otherwise provided in this Agreement or in another agreement between Lender and Borrower, all notices required under this Agreement shall be personally delivered or sent by
first class mail, postage prepaid, or by overnight courier, to the addresses on the first page of this Agreement, or sent by facsimile to the fax numbers listed on the signature page, or to such other addresses as Lender and Borrower may specify
from time to time in writing. Notices and other communications shall be effective (i)&nbsp;if mailed, upon the earlier of receipt or five (5)&nbsp;days after deposit in the U.S. mail, first class, postage prepaid, (ii)&nbsp;if telecopied, when
transmitted, or (iii)&nbsp;if hand-delivered, by courier or otherwise (including telegram, lettergram or mailgram), when delivered. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">10.9. <U>Headings</U>. Article and paragraph headings are for reference only and shall not affect the interpretation or meaning of any provisions of this Agreement. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">10.10. <U>Counterparts</U>. This Agreement may be executed in as many counterparts as necessary or convenient, and by the different
parties on separate counterparts each of which, when so executed, shall be deemed an original but all such counterparts shall constitute but one and the same agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">14 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>[CONTINUED ON FOLLOWING PAGE] </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">15 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>[LOAN AGREEMENT CONTINUED] </I></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">This Agreement is executed as of the date stated at the top of the first page. </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="46%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="45%"></TD></TR>


<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">WITNESSES:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2">BORROWER:</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">ODYSSEY MARINE EXPLORATION, INC.,</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">a Nevada corporation</FONT></P></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Signature of Witness</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Jay D. Nudi, as its Treasurer</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Print or type name of Witness</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="text-indent:2.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">(CORPORATE SEAL)</FONT></P></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Signature of Witness</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Print or type name of Witness</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">STATE OF FLORIDA </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">COUNTY OF HILLSBOROUGH </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The
foregoing instrument was acknowledged before me this &nbsp;&nbsp;&nbsp;&nbsp; day of July, 2013, by Jay D. Nudi, as Treasurer of ODYSSEY MARINE EXPLORATION, INC., a Nevada corporation, on behalf of the corporation. </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="45%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="46%"></TD></TR>


<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Personally known</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Florida Driver&#146;s License</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Notary Public</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Other Identification Produced</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Print or type name of Notary</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">(SEAL)</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>[CONTINUED ON FOLLOWING PAGE] </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">16 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>[LOAN AGREEMENT CONTINUED] </I></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="46%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="45%"></TD></TR>


<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;LENDER&#148;</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">FIFTH THIRD BANK,</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">an Ohio banking corporation</FONT></P></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Signature of Witness</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Daniel Riley, as its Vice President</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Print or type name of Witness</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="text-indent:2.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">(CORPORATE SEAL)</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Signature of Witness</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Print or type name of Witness</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">STATE OF FLORIDA </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">COUNTY OF HILLSBOROUGH </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The
foregoing instrument was acknowledged before me this &nbsp;&nbsp;&nbsp;&nbsp; day of July, 2013, by Daniel Riley, as Vice President of FIFTH THIRD BANK, an Ohio banking corporation, on behalf of the corporation. </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="45%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="46%"></TD></TR>


<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Personally known</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Florida Driver&#146;s License</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Notary Public</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Other Identification Produced</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Print or type name of Notary</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">(SEAL)</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>ATTACHMENTS</U>: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Exhibit &#147;A&#148; - Cargo Report/Silver Inventory </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">17 </FONT></P>


</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>d575217dex102.htm
<DESCRIPTION>NON-REVOLVING LINE OF CREDIT PROMISSORY NOTE
<TEXT>
<HTML><HEAD>
<TITLE>Non-Revolving Line of Credit Promissory Note</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Exhibit 10.2 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>NON-REVOLVING LINE OF CREDIT PROMISSORY NOTE </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>


<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>$10,000,000.00</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Dated: July&nbsp;24, 2013</B></FONT></TD></TR>
</TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="line-height:1px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000">&nbsp;</P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Borrower&#146;s Promise to Pay </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">For value received, the undersigned, <B>ODYSSEY MARINE EXPLORATION, INC.</B>, a Nevada corporation authorized to do business in the State of Florida (the &#147;Borrower&#148;), promises to pay to the
order of <B>FIFTH THIRD BANK</B>, an Ohio banking corporation (the &#147;Lender&#148;), the principal sum of TEN MILLION DOLLARS ($10,000,000.00), together with interest on the principal balance remaining unpaid from time to time at the rates set
forth below. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>1. <U>Term</U>.</B> The term of this Note is from the date of this Note through July&nbsp;24, 2014 (the &#147;Maturity
Date&#148;). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>2. <U>Interest</U>.</B> The Interest Rate shall be a variable rate at 500 basis points (5.00%)&nbsp;above the One-Month
&#147;LIBOR-Index Rate&#148;, and shall be adjusted every month on each Interest Rate Determination Date with all such interest rate terms defined as set forth in <B>&#147;ADDENDUM A&#148;</B> attached hereto and made a part hereof. Interest will be
calculated on the basis of a 360-day year for actual number of days lapsed during the calculation period. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>3. <U>Payments</U>.
</B>Principal and interest shall be due and payable as follows: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a) Payments of accrued interest only, shall be payable
monthly commencing August&nbsp;24, 2013, and continuing on the same day of each month thereafter on the principal outstanding from time to time until the loan Maturity Date, at which time the outstanding indebtedness, whether principal, accrued
interest or otherwise, shall be due and payable in full. If any payment on this Note becomes due and payable on a Saturday, Sunday or legal holiday under the laws of the State of Florida, the maturity thereof shall be extended to the next succeeding
business day and interest thereon shall be payable at contract rate of interest during such extension. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(b) All outstanding
principal shall be due and payable in full on or before July&nbsp;24, 2014. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">All payments shall be made at: 201 E. Kennedy
Boulevard, Suite 1800, Tampa, Florida 33602, or at such other place as may be designated in writing by the Lender. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>4. <U>Borrower&#146;s
Right to Prepay</U>. </B>This Note may be prepaid at any time without penalty.<B> </B></FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>5. <U>Interest Limitation</U>.</B> Interest payable under this Note or any other payment which would be
considered as interest or other charge for the use or loan of money shall never exceed the highest contract rate allowed by law applicable to this loan to be charged by Lender. If the interest or other charges collected or to be collected in
connection with this loan exceed the permitted limits, then: (A)&nbsp;any such interest or loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (B)&nbsp;any sums already collected from Borrower which
exceeded permitted limits will be refunded. The Lender may choose to make this refund by reducing the principal owed under this Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial
prepayment. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>6. <U>Borrower&#146;s Failure To Pay As Required</U>. </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>(A) <U>Late Charge for Overdue Payments</U>.</B> If the Lender has not received the full amount of any monthly payment by the end of
ten (10)&nbsp;calendar days after it is due, Borrower will pay a late charge to the Lender equal to 5% of the overdue payment of principal and/ or interest. The payment or collection of any such late charge shall not constitute a waiver of any other
right or remedy available to the Lender. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>(B) <U>Default</U>.</B> If Borrower fails to pay the full amount of each monthly
payment by the end of the ten (10)&nbsp;calendar days after it is due, Borrower will be in default, and upon such default by Borrower, Lender may declare the entire principal and interest then remaining unpaid to be immediately due and payable
without further notice or demand, and the entire unpaid principal balance shall bear interest at the &#147;Default Interest Rate&#148;. The &#147;Default Interest Rate&#148; shall be five percent (5%)&nbsp;per annum above the contract interest rate
set forth above, but not exceeding 18%&nbsp;per annum. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>(C) <U>Acceleration</U>.</B> If Borrower is in default after
expiration of any applicable cure periods, the Lender may require Borrower to pay immediately the full amount of principal which has not been paid and all the interest that Borrower owes on that amount without further notice. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>(D) <U>No Waiver By Lender</U>.</B> Even if, at a time when Borrower is in default, the Lender does not require Borrower to pay
immediately in full as described above, the Lender will still have the right to do so if Borrower is in default at a later time. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>(E) <U>Payment of Lender&#146;s Costs and Expenses</U>.</B> If the Lender has required Borrower to pay immediately in full as described above, the Lender will have the right to be paid back by Borrower
for all of its costs and expenses in enforcing this Note to the extent not prohibited by applicable law. Those expenses include, for example, reasonable attorneys&#146; fees whether suit be brought or not, and including such fees and costs in any
appellate, bankruptcy or post judgment proceedings. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>7. <U>Attorneys&#146; Fees</U>. </B>All parties liable for the payment of this Note
agree to pay the Lender reasonable attorneys&#146; fees and costs, whether or not an action is brought, for the </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">2 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
services of counsel employed after maturity or default to collect this Note or any principal or interest due hereunder, or to protect the security, if any, or enforce the performance of any other
agreement contained in this Note or in any instrument of security executed in connection with this loan, including costs and attorneys&#146; fees on any garnishment action, or for any appeal, or in any proceedings under the federal Bankruptcy Code
or in any post-judgment proceedings. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>8. <U>Allocation of Payments</U>.</B> Payments shall be applied by Lender first to any late fees or
other expenses of Lender hereunder, then to accrued interest and finally to principal. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>9. <U>Giving of Notice</U>.</B> Unless applicable
law requires a different method, any notice that must be given to Borrower under this Note will be given by mailing it by first class mail or by delivering it to Borrower at 5215 West Laurel Street, Tampa, Florida 33607, or at a different address if
Borrower gives the Lender prior written notice of a different address. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Any notice that must be given to the Lender under this
Note will be given by mailing it by first class mail to the Lender at the address stated in Section&nbsp;3 above or at a different address if Borrower is given a notice of that different address. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>10. <U>Set Off</U>.</B> The Borrower shall have no right of set off against the Lender under this Note or under any instruments securing this Note or
executed in connection with the loan evidenced hereby. The Lender, however, shall have the right, immediately and without further action by it, to set off against this Note all money owed by the Lender in any capacity to Borrower, whether or not
due. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>11. <U>Obligations of Persons Under This Note</U>.</B> If more than one person signs this Note, each person is fully obligated to
keep all of the promises made in this Note, including the promise to pay the full amount owed. Any person who is a guarantor, surety, or endorser of this Note is obligated to do these things. Any person who takes over these obligations, including
the obligations of a guarantor, surety, or endorser of this Note, is also obligated to keep all of the promises made in this Note. The Lender may enforce its rights under this Note against each person individually or against all obligators together.
This means that any one of them may be required to pay all of the amounts owed under this Note. This means that any one of them may be required to pay all of the amounts owed under this Note. Notwithstanding the above, the &#147;person&#148;
executing this Note as an officer of the Borrower, is not personally liable on this Note obligation. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>12. <U>Waivers and Consents</U>.</B>
Borrower and any other person who has obligations under this Note waive diligence presentment, protest and demand and also notice of dishonor and non-payment of this Note. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">3 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>13. <U>This Note Secured by Security Instruments</U>.</B> In addition to the protections given to the
Lender under this Note, a Loan Agreement and Collateral Assignment protects the Lender from possible losses which might result if Borrower does not keep the promises made in this Note. That Loan Agreement and Collateral Assignment describes how and
under what conditions Borrower may be required to make immediate payment in full or in part of the amounts owed under this Note. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>14.
<U>Litigation</U>.</B> Any litigation between the parties brought in connection with this Note or concerning the subject matter hereof prior to closing of the Loan shall only be brought in Hillsborough County, Florida. In any such litigation, the
prevailing party shall be entitled to an award of its reasonable attorneys&#146; fees and costs. The Borrower and any guarantors further knowingly, voluntarily and intentionally, waive any right to trial by jury in respect of any litigation arising
out of, under, or in connection with this Note, or the loan. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>15. <U>Business Purpose Loan</U>.</B> The Borrower acknowledges that the
proceeds of the loan are to be used for business or commercial purposes only, and not for personal, family or household purposes. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>16.
<U>Cross-Default and Cross-Collateralization of Rate Management Agreements and Rate Management Obligations</U>.</B> &#147;Rate Management Agreement&#148; means any agreement, device or arrangement providing for payments which are related to
fluctuations of interest rates, exchange rates, forward rates, or equity prices, including, but not limited to, dollar-denominated or cross-currency interest rate exchange agreements, forward currency exchange agreements, interest rate cap or collar
protection agreements, forward rate currency or interest rate options, puts and warrants, and any agreement pertaining to equity derivative transactions (e.g., equity or equity index swaps, options, caps, floors, collars and forwards), including
without limitation any ISDA Master Agreement between Borrower and Lender or any affiliate of Fifth Third Bancorp, and any schedules, confirmations and documents and other confirming evidence between the parties confirming transactions thereunder,
all whether now existing or hereafter arising, and in each case as amended, modified or supplemented from time to time. &#147;Rate Management Obligations&#148; means any and all obligations of Borrower to Lender or any affiliate of Fifth Third
Bancorp, whether absolute, contingent or otherwise and howsoever and whensoever (whether now or hereafter) created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefore), under or
in connection with (i)&nbsp;any and all Rate Management Agreements, and (ii)&nbsp;any and all cancellations, buy-backs, reversals, terminations or assignments of any Rate Management Agreement. If Borrower enters into a Rate Management Agreement,
Borrower promises to promptly pay all Rate Management Obligations, and perform all of the covenants and obligations under the Rate Management Agreements.&nbsp;Any default under the Rate Management Agreements or failure to pay the Rate Management
Obligations when due shall be a default under this Note.&nbsp;The payment and performance of this Note, the Rate Management Agreements and Rate Management Obligations are all secured by the Mortgage and other security agreements. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">4 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>17. <U>WAIVER OF JURY TRIAL</U>.</B> BORROWER AND LENDER HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY
WAIVE THE RIGHT EITHER MAY HAVE TO A TRIAL BY JURY IN RESPECT TO ANY LITIGATION BASED HEREON, OR ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS NOTE AND ANY AGREEMENT CONTEMPLATED TO BE EXECUTED IN CONJUNCTION HEREWITH, OR ANY COURSE OF CONDUCT,
COURSE OF DEALING, STATEMENTS (WHETHER VERBAL OR WRITTEN) OR ACTIONS OF ANY PARTY. THIS PROVISION IS A MATERIAL INDUCEMENT FOR THE LENDER TO MAKE THIS LOAN AND EXTENSIONS OF CREDIT TO BORROWER. </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR>
<TD VALIGN="top" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;BORROWER&#148;</FONT></TD></TR>
<TR>
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">ODYSSEY MARINE EXPLORATION, INC.,</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">a Nevada corporation</FONT></P></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Jay D. Nudi, as its Treasurer</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="text-indent:2.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">(CORPORATE SEAL)</FONT></P></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">STATE OF FLORIDA </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">COUNTY OF HILLSBOROUGH </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The foregoing instrument was acknowledged before me this
&nbsp;&nbsp;&nbsp;&nbsp; day of July, 2013, by Jay D. Nudi, as Treasurer of ODYSSEY MARINE EXPLORATION, INC., a Nevada corporation, on behalf of the corporation. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="46%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="45%"></TD></TR>


<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Personally known</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Florida Driver&#146;s License</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Notary Public</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Other Identification Produced</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Print or type name of Notary</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">(SEAL)</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>ATTACHMENT</U>: </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Addendum A to Note: LIBOR Index Rate </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">5 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Addendum A to Note </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>LIBOR Index Rate </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>SECTION 1 </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Definitions.</B> As used in this Addendum, the following terms shall have the meanings set forth below: </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Bank&#148; shall mean Fifth Third Bank and its successors and assigns. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">&#147;Borrower&#148; shall collectively and individually refer to the maker of the attached promissory note (&#147;Note&#148;). The terms of this Addendum are hereby incorporated into the Note and in the
event of any conflict between the terms of the Note and the terms of this Addendum, the terms of this Addendum shall control. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Business
Day&#148; shall mean, with respect to Interest Periods applicable to the LIBOR Rate, a day on which Bank is open for business and on which dealings in U.S. dollar deposits are carried on in the London Inter-Bank Market. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Interest Period&#148; shall mean a period of one (1)&nbsp;month, provided that (i)&nbsp;the initial Interest Period may be less than one month,
depending on the initial funding date and (ii)&nbsp;no Interest Period shall extend beyond the maturity date of the Note. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Interest Rate
Determination Date&#148; shall mean the date the Note is initially funded and the Twenty-Fourth (24th)&nbsp;Calendar Day (or next Business Day thereafter) of each calendar month thereafter. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">&#147;LIBOR Rate&#148; shall mean that rate per annum effective on any Interest Rate Determination Date which is equal to the quotient of: </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(i) the rate per annum equal to the offered rate for deposits in U.S. dollars for a one (1)&nbsp;month period, which rate appears on that
page of Bloomberg reporting service, or such similar service as determined by Bank, that displays British Bankers&#146; Association interest settlement rates for deposits in U.S. Dollars, as of 11:00 A.M. (London, England time) two (2)&nbsp;Business
Days prior to the Interest Rate Determination Date; <U>provided</U>, that if no such offered rate appears on such page, the rate used for such Interest Period will be the per annum rate of interest determined by Bank to be the rate at which U.S.
dollar deposits for the Interest Period, are offered to Bank in the London Inter-Bank Market as of 11:00 A.M. (London, England time), on the day which is two (2)&nbsp;Business Days prior to the Interest Rate Determination Date, divided by;
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">(ii) a percentage equal to 1.00 <I>minus </I>the maximum reserve percentages (including any emergency, supplemental, special
or other marginal reserves) expressed as a decimal (rounded upward to the next 1/100th of 1%) in effect on any day to which Bank is subject with respect to any LIBOR loan pursuant to regulations issued by the Board of Governors of the Federal
Reserve System with respect to eurocurrency funding (currently referred to as &#147;eurocurrency liabilities&#148; under Regulation D). This percentage will be adjusted automatically on and as of the effective date of any change in any reserve
percentage. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">6 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Prime Rate&#148; shall mean the publicly announced prime lending rate of Bank from time to time in
effect, which rate may not be the lowest or best lending rate made available by Bank or, if the Note is governed by Subtitle 10 of Title 12 of the Commercial Law Article of the Annotated Code of Maryland, &#147;Prime Rate&#148; shall mean the Wall
Street Journal Prime Rate, which is the Prime Rate published in the &#147;Money Rates&#148; section of the <I>Wall Street Journal </I>from time to time. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>SECTION 2 </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Interest.</B> The Borrower shall pay interest upon the unpaid principal
balance of the Note at the LIBOR Rate plus the margin provided in the Note (which principal balance shall not include the Letter of Credit Obligations until such Letter of Credit Obligations are drawn upon and honored by Bank, and remain
unreimbursed by Borrower). Interest shall be due and payable as provided in the Note and shall be calculated on the basis of a 360 day year and the actual number of days elapsed. The interest rate shall remain fixed during each month based upon the
interest rate established pursuant to this Addendum on the applicable Interest Rate Determination Date. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>SECTION 3 </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Additional Costs.</B> In the event that any applicable law or regulation or the interpretation or administration thereof by any
governmental&nbsp;authority charged with the interpretation or administration thereof (whether or not having the force of law) (i)&nbsp;shall change the basis of taxation of payments to Bank of any amounts payable by the Borrower hereunder (other
than taxes imposed on the overall net income of Bank) or (ii)&nbsp;shall impose, modify or deem applicable any reserve, special deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by Bank, or
(iii)&nbsp;shall impose any other condition with respect to the Note, and the result of any of the foregoing is to increase the cost to Bank of making or maintaining the Note or to reduce any amount receivable by Bank hereunder, and Bank determines
that such increased costs or reduction in amount receivable was attributable to the LIBOR Rate basis used to establish the interest rate hereunder, then the Borrower shall from time to time, upon demand by Bank, pay to Bank additional amounts
sufficient to compensate Bank for such increased costs (the &#147;Additional Costs&#148;&#148;). A detailed statement as to the amount of such Additional Costs, prepared in good faith and submitted to the Borrower by Bank, shall be conclusive and
binding in the absence of manifest error. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>SECTION 4 </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>Unavailability Of Dollar Deposits.</B> If Bank determines in its sole discretion at any time (the &#147;Determination Date&#148;) that it can no longer make, fund or maintain LIBOR based loans for any
reason, including without limitation illegality, or the LIBOR Rate cannot be ascertained or does not accurately reflect Bank&#146;s cost of funds, or Bank would be subject to Additional Costs that cannot be recovered from the Borrower, then Bank
will notify the Borrower and thereafter will have no obligation to make, fund or maintain LIBOR based loans. Upon such Determination Date the Note will be converted to a variable rate loan based upon the Prime Rate. Thereafter the interest rate on
the Note shall adjust simultaneously with any fluctuation in the Prime Rate. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR>
<TD VALIGN="top" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2">ODYSSEY MARINE EXPLORATION, INC., a Nevada corporation</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Jay D. Nudi, as its Treasurer</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">(CORPORATE SEAL)</FONT></TD></TR>
</TABLE></DIV>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">7 </FONT></P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>4
<FILENAME>d575217dex991.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML><HEAD>
<TITLE>Press Release</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Exhibit 99.1 </B></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>


<TR>
<TD VALIGN="top">


<IMG SRC="g575217ex991_pg001.jpg" ALT="LOGO">
</TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="middle" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">PRESS RELEASE</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">US MEDIA CONTACT: Liz Shows</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Odyssey Marine Exploration, Inc</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">(813) 876-1776 x 2335</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>lshows@odysseymarine.com</U></FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">UK MEDIA CONTACT: Rebecca Blackwood</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">+44 (0)</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">+44 (0) 207 936 1296 or</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">+44 (0) 207 404 5959</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">odyssey@brunswickgroup.com</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Additional media materials including photos/video</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">available at <U>www.odysseymarine.com/news-media.html</U></FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">INVESTOR RELATIONS CONTACT:</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Ron Both</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Liolios Group, Inc.</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">(949)574-3860</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>OMEX@liolios.com</U></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Odyssey Recovers 1.8 Million Ounces of Silver from Shipwreck Three Miles Deep </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><I>Latest Recovery from SS Gairsoppa Sets World Record for </I></B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><I>Deepest, Largest Precious Metal Recovery </I></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>Tampa, FL &#150; July&nbsp;22, 2013</B> &#150; Odyssey Marine Exploration (NasdaqCM: OMEX), pioneers in the field of deep-ocean exploration has recovered over 61 tons of silver bullion this month from
a depth of nearly three miles. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">This recovery of bullion from the SS <I>Gairsoppa</I>, a 412-foot steel-hulled British cargo ship that sank in
February 1941, consists of 1,574 silver ingots weighing about 1,100 ounces each or almost 1.8&nbsp;million troy ounces in total, sets a new record for the deepest and largest precious metal recovery from a shipwreck. The silver has been transported
to a secure facility in the United Kingdom. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Including the silver recovered in 2012, Odyssey has now recovered 2,792 silver ingots from SS
<I>Gairsoppa</I> or more than 99% of the insured silver reported to be aboard the <I>Gairsoppa </I>when she sank. Under the terms of Odyssey&#146;s contract with the UK Department for Transport, which follows standard commercial practices, Odyssey
will retain 80% of the net salved value of the cargo. The contract was awarded to Odyssey following a competitive tender process. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Sources,
including Lloyd&#146;s record of War Losses, indicate additional uninsured government-owned silver may have been aboard the SS <I>Gairsoppa</I> when she sank, but to date no uninsured silver has been located. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;This was an extremely complex recovery which was complicated by the sheer size and structure of the SS <I>Gairsoppa</I> as well as its depth nearly
three miles below the surface of the North Atlantic,&#148; commented Greg Stemm, Odyssey&#146;s chief executive officer. &#147;To add to the complications, the remaining insured silver was stored in a small compartment that was very difficult to
access, </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">-more-
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>www.odysseymarine.com </U></FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;The recovery of more than 99% of the insured silver cargo under these adverse conditions is a
testament to the skill and ingenuity of the offshore team led by Senior Project Managers, Andrew Craig and Ernie Tapanes. The expertise demonstrated in implementing this challenging project continues to be applied as we undertake other modern
shipwreck projects, deep-ocean mineral exploration and our best-in-class deep-ocean archaeological work on historic shipwrecks.&#148; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mark
Gordon, Odyssey&#146;s president and chief operating officer added, &#147;The ability of our team to deliver on our planned objectives underscores our experience and the tremendous determination of our team. We have accomplished a world-record
recovery at a depth never achieved before. We&#146;re continuing to apply our unique expertise to pioneer deep-ocean projects that result in the discovery and recovery of lost cultural heritage, valuable cargoes and important and needed natural
resources.&#148; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The recovery operations were conducted from the 291-foot <I>Seabed Worker</I> mobilized with 5,000 meter depth-rated
remotely operated vehicles (ROVs) and heavy launch and recovery systems. Additional specialized deep-ocean equipment was mobilized by Odyssey on the ship for the project. The <I>Seabed Worker</I> has returned to sea to continue Odyssey&#146;s 2013
North Atlantic Expedition, which includes the SS <I>Mantola</I>, a 450 foot British-flagged steamer lost in 1917 and found in 2011 by Odyssey, as well as the <I>Gairsoppa</I>. The <I>Mantola</I> reportedly carried approximately 600,000 troy ounces
of silver insured under the UK War Risk insurance program. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Further information </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Odyssey discovered the SS <I>Gairsoppa</I> in 2011. During the summer of 2012, Odyssey recovered 1,218 silver ingots from the <I>Gairsoppa</I> weighing
nearly 48 tons. In late May, Odyssey commenced the 2013 North Atlantic recovery operations utilizing the chartered 291-foot <I>Seabed Worker</I> which resulted in this latest recovery of 1,574 silver ingots weighing over 61 tons. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Additional information about the <I>Gairsoppa</I> project, including pictures of the operation, can be found on the company&#146;s website at
<U>www.odysseymarine.com</U>. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Silver, including the first silver ingot recovered from the <I>Gairsoppa</I> is currently on display at
Odyssey&#146;s <B><I>SHIPWRECK!</I></B> exhibit currently located at Discovery Times Square in New York City. Television programming recorded during the 2012 <I>Gairsoppa</I> expedition was broadcast on Discovery Channel in February 2013 in the US
and is scheduled to be broadcast in August 2013 on Channel 5 in the United Kingdom. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>About Swire Seabed </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B>Swire Seabed AS represents experience and ultra-modern equipment for deep waters in the subsea industry. The Company provides high quality services
within inspection, maintenance&nbsp;&amp; repair, construction support and subsea decommissioning. In addition, Seabed has expertise, experience and special equipment for deep sea wreck salvage. Seabed operates worldwide with the three vessels:
Seabed Worker, Seabed Prince and Seabed Supporter. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Seabed Worker is an 88-meter multi-purpose support vessel. As a standard spread, the
vessel has accommodation for 66 people, Class 2 DP System, 650 m2 deck area, Voith Schneider propulsion with active roll stabilization, active heave compensated 100 Te offshore crane, two Schilling HD 5000m (moonpol) ROVs. For the <I>Gairsoppa</I>
and <I>Mantola</I> operations, the Seabed Worker was also fitted with specialized equipment. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>www.odysseymarine.com </U></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">-2- </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>About Odyssey Marine Exploration, Inc. </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Odyssey Marine Exploration, Inc. (Nasdaq:OMEX) is engaged in deep-ocean exploration using innovative methods and state-of-the-art technology for historic shipwreck projects, modern commodity shipwreck
projects and mineral exploration. Odyssey offers various ways to share in the excitement of deep-ocean exploration by making shipwreck treasures and artifacts available to the general public, students, and collectors through its webstore, exhibits,
books, television, merchandise, educational programs and virtual museum located at www.OdysseysVirtualMuseum.com. The company also maintains a Facebook page at <U>http://www.facebook.com/OdysseyMarine</U> and a Twitter feed @OdysseyMarine.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">For additional details on Odyssey Marine Exploration, please visit <U>www.odysseymarine.com</U>. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Forward Looking Information </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Odyssey Marine
Exploration believes the information set forth in this Press Release may include &#147;forward-looking statements&#148; within the meaning of the Private Securities Litigation Reform Act of 1995, Section&nbsp;27A of the Securities Act of 1933 and
Section&nbsp;21E of the Securities Act of 1934. Certain factors that could cause results to differ materially from those projected in the forward-looking statements are set forth in &#147;Risk Factors&#148; in Part I, Item&nbsp;1A of the
Company&#146;s Annual Report on Form 10-K for the year ended December&nbsp;31, 2012, which has been filed with the Securities and Exchange Commission. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">### </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>www.odysseymarine.com </U></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">-more- </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">-3- </FONT></P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>5
<FILENAME>d575217dex992.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML><HEAD>
<TITLE>Press Release</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Exhibit 99.2 </B></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="51%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="47%"></TD></TR>


<TR>
<TD VALIGN="top">


<IMG SRC="g575217ex992_pg001.jpg" ALT="LOGO">
</TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="middle" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">PRESS RELEASE</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">US MEDIA CONTACT: Liz Shows</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Odyssey Marine Exploration, Inc</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">(813) 876-1776 x 2335</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>lshows@shipwreck.net</U></FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">INVESTOR RELATIONS CONTACT:</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Ron Both</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Liolios Group, Inc.</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">(949)574-3860</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>OMEX@liolios.com</U></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Odyssey Marine Exploration Appoints Mark B. Justh to Board of Directors </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Tampa, FL &#150; July&nbsp;29, 2013</B> &#150; Odyssey Marine Exploration (NasdaqCM: OMEX), pioneers in the field of deep-ocean shipwreck and offshore
mineral exploration, has appointed Mark B. Justh to its board of directors. The appointment adds a seat to the board, bringing the total number of directors to seven, including five independent directors. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Justh previously served for 12 years at JP Morgan. There he was a managing director and head of Pan Asian Equities Distribution in Hong Kong. During his
tenure at JP Morgan he was also responsible for Cash Equities Distribution in the Americas. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Prior to JP Morgan, he was a partner at a startup
fund in the media space, HPJ Media Ventures/DeNovo Capital. Earlier in his career, he was a vice president at Goldman Sachs International in International Equities. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Justh holds a B.A. in economics from Princeton University, an M.S. degree in real estate finance from New York University, and an MBA from INSEAD (Fontainebleau, France). He was also honorably discharged
from the U.S. Army Reserve as a first lieutenant in the Medical Service Corps. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;With more than 20 years of financial experience and as a
long-time shareholder of Odyssey, Mark brings a tremendous depth of knowledge and experience to our board as we continue to refine and implement our strategic plans,&#148; said Greg Stemm, Odyssey&#146;s chief executive officer. &#147;His
independent voice strengthens our corporate governance, as we continue to focus on building shareholder value.&#148; </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">www.shipwreck.net </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>About Odyssey Marine Exploration, Inc.</B> </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Odyssey Marine Exploration, Inc. (Nasdaq:OMEX) is engaged in deep-ocean exploration using innovative methods and state-of-the-art technology for historic shipwreck projects, modern commodity shipwreck
projects and mineral exploration. Odyssey offers various ways to share in the excitement of deep-ocean exploration by making shipwreck treasures and artifacts available to the general public, students, and collectors through its webstore, exhibits,
books, television, merchandise, educational programs and virtual museum located at www.OdysseysVirtualMuseum.com. The company also maintains a Facebook page at <U>http://www.facebook.com/OdysseyMarine</U> and a Twitter feed @OdysseyMarine.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">For additional details on Odyssey Marine Exploration, please visit <U>www.odysseymarine.com</U>. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Forward Looking Information</B> </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Odyssey
Marine Exploration believes the information set forth in this Press Release may include &#147;forward-looking statements&#148; within the meaning of the Private Securities Litigation Reform Act of 1995, Section&nbsp;27A of the Securities Act of 1933
and Section&nbsp;21E of the Securities Act of 1934. Certain factors that could cause results to differ materially from those projected in the forward-looking statements are set forth in &#147;Risk Factors&#148; in Part I, Item&nbsp;1A of the
Company&#146;s Annual Report on Form 10-K for the year ended December&nbsp;31, 2012, which has been filed with the Securities and Exchange Commission. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">### </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">www.shipwreck.net </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">-more- </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">-2-
</FONT></P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>g575217ex991_pg001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g575217ex991_pg001.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D
M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$"
M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#_\``$0@`0P$8`P$1``(1`0,1`?_$`)@```("`@,!`0$`````
M``````D*"`L`!P$%!@0"`P$!`````````````````````!````8!`04&`@,*
M"@4("P```0(#!`4&!P@`$1(3"2$4%187"C$802(942,D)B=7E]=8&F%Q@3(T
M)9;6-T?P1K<X.9'!0D,U5G>',Y15U39VMF>G>%D1`0``````````````````
M``#_V@`,`P$``A$#$0`_`'^-@!*\ZU6*M1.N^8Z:&@E:#R]FV(QCFRPWS4$Y
M=$E,"X=M5#I,H6L1B1(M4KO*KQ/)[Z'CI<K)RTCF::ZB9'2[@ITD@K<M>/5A
MZPV2<OY,Q;JPU3YWI%OH=TL50N6'ZA-N<.52IST%(*QLC"$J6/TZVQ<MVJS8
M017<=Z472X5`64`P'$!ZP.KC515I5K.UK4IGV!FF1P5:2D5F+(+)\W4`P&`Z
M+E"P$53'B`![!^/;L!PM$7NF^J7I.F86-R5DEKJ_Q0U<-$Y6C9Z3*_MHQ:1"
MHKI5S+T8W0NT;*&1*'*6DSS35,X;S-C]H"%B_P!+CJ]Z2>J]BU[<<!SSFNY(
MJ+5B?*^!;FNQ;9*QRX>@1-)^HU;*F;V>EO'0BDSG&'&T6,`)J@W<@=N0(,^Z
M`UE:F-#73LIV9-*>5YC#N2I#4[CFCO;5"1E>E7CBJ3-(RA*R<.9O98B;CBH.
MY"!:*&."(*`*(`!@`1`0K^OWC_K7?MXY!^C_`%)P_P!F[_R[V#/WC_K7?MXY
M!^(?ZDX?^C_R[^G8-S8P]U#UJ,;NDE'^I:M918IB431&3\-8NE&JX!V"560K
M5:JEBX3_`$\#X@_<$.W>#!N@WWI-4L<Q"TGJ&Z>DL?H/EVK%SG33X>5G*Q&*
M*\1#R-IQ-87<A9V46F(%,LO$RLJX*&_@8F^&P1,ZXW4QZJVCO4!5\UZ/.HK9
MLB]/C6!%/\EZ6\@4Z&Q);:M#J,3-$L@8B/8CT)VX&2H<V](9N@[4[ZG&.T$E
M][ENZ`@`^_>/NM=^WED+^Q6(/U=[`RK[8WKR:K-46LF[:2==N>'V7%LO4!>=
MP%-V>'IL"\A\A8]*[EY^G,5:U"UU-V2X4I=X]`BQ%S@O"E*EPBJ8#`2WW3/5
MURYT[L(8+P[I4R4KC?4UG2W.[8[M$6PA)>8I^&:(04)1PFRL$9+1K=>[VZ0:
M,FRJB!A.V8/RD$IB@8`1]_>/NM=^WED+Z?\`4G#_`.KK8)FZ"NL1UM]9^H^K
M8HD^HY<L:XIA6$KDK4-F:=J.&F-:PII^HB:4KD_)4_(.<>D:-BQ4/N:QR:@A
MWZ9>LVA/OC@@"!!^HY[Q#,,C+R&)>F?5F-,Q_`(FKY-3.:H)K;<J7\T>11AY
MIK%#D44:I3F<D5,K@BDNTDGSCCXSM6)]Z)06FR!UG^J[DV84G;7U`]4_?U%%
M%.76<LV2B127,'B,1M!45S7(5JB`_P`TB:!2%^@`V#9V$NOOU?<!RL?(U#75
MFFRM6"Y%CU_+4LQS%7WY"B',;OF&26%D4%)<`X3&2426W=I3E'<(`^'[=_KX
MZ@.K!:LE8/SWI[KD+<L/8\97J?SUBYZYBL>R:3^<:0,17;%1IUU)R$#;9]55
MPX:F8OG+5PBP="*+<$R\8;WZTGN*]//2N55PO1Z\TU"ZP'\6A($Q>SFR1U,Q
M:SD4"KQ4OF*PLN>_CW<BU5*Y9P3-,9)VV$JJJC)!5%=0$%M2WN1NL#J6F9!V
M^U867#%<="<C2C:>&#'%$#&MS',8$$IB)3<7N0X0'=QO9AR?L^(?#8(AUKJ^
M]4NHRB,S!]0;5TF^;F*9,TCG7($ZU^J8#`"D=/3<G'+E$0[0.D8!#L$!#LV`
MWFA+W<W4IPW:JK4=2$15-:M!>R,9"N&,I"1M`S4HF^?-6:2=8NU)BFT-*2Y^
M:)4TY6&?'<JF*45D]_&`&7]TOU3]?6A[(^B%GI4S7<]-[/+>$[K<<ATMM"T&
M=?%L;6=K"+9C,N9^O65(LE7DI!9HIW14J!C@80X@W#L"IW[Q_P!:[]O+(7]B
M</\`W=_YNM@S]X^ZUW[>60O[$X?_`%=;!G[Q]UKOV\LA?V)P_P#J[V#L'?N*
M^MZQ;1SMYKER<U;2[51[%KN<?XF0;R+-)VYCUG;!=3'!4GC=%^S60,=,3%*L
MD<@B!BF``Z_]X^ZUW[>60O[$X?\`U=[`\'[67J[9>ZBF$<YX=U5Y%4R-J6P1
M:V-K:6Z38P<1,W3#M^YJ48NM'U^,B(U9Q1[9'.F3A9)`@%:OV!3[SB)C`-+W
M.77AU6:7-9--TD:$\Z2>('.':*WG\^SU<AJ;.N9V^Y&1CYNM4]TI9X2Q$;(U
M"E)M7A@1(B8R\R8B@B*(``+4_O'W6N_;RR%_8G#_`.KO8&'O;E:RNM-U0-8@
MS67M:&3)/2)IU08W#-P'IN,HYE?)V2(]2H>(&LM&T)F[16LC]JH^DA;K$52B
M&"Q>)-1P@80(Q[K_`*OEGT=81K>B#3U:EZ[GK4W5Y26R5;H*259V3&6!3N5H
M15&'=LU4W439,JR3=Y'HNBF*JVC&3T2<*BR"I`4L]N'U/]+'2VU:Y,RGJCJ5
M^?U_*6*4<5P=]H44PLCC&Y5[3%V6;D9BLK.&,M*14L,(T344CE%7;<J0[FSC
MC^H!Z^L]BWHL=9V&2U-:/^H7I3Q)K<BJXW;N6>5[BEA6NYZA(Q@<D75LAIY'
M851[6KY%(IE:1L\HFHD"12,WH&;@W<-`06ME8E:79IZHSGAWC-:EY&#E?!YJ
M%LD3XA%NU63L8RPUR0EJ_.QYED1%%XR<N&CA,0.DH<A@,(>>V"5.BW6-F[09
MJ/QOJ=T_V9W7+_CR9;NE&Q'3E*%N=8670\QT"X,FZA"3%0MD>D+=XV/OW?46
M3$BZ22A`?2]RCJWQSKL]OCI5U7XK.*=3S-J3PM8PAU7:#Q_5+$ECO-T9<*5+
M+(<*:DK3K4P>1RY@*4%#MN,H`4P;!7";!R`"([@`1'[@!O'8.-@S_3^/8"@Z
M#,S(9(@[!TVLV6EJQT\ZI[5"$QW8+,JLZB]-NK`"KQ&(,XUX3B8*]7YZ7D"5
MJ\D0Y2;^KR2JZG$XCVAB`/K*.,KSA?(]ZQ)DZN2-0R+C2VV"C7>K2R(H2,!:
M*Q)N(B:C'1-XE,=J^:G*!RB)%"@!BB)1`1#UVG'/%ZTOY[P]J)QF]%A?,+9'
MJ62:PL)S%06DJI,-94L<^`O:K%RZ*!VKM/X*MECD$!`PAL$]NM1U$`ZG>OC)
M.IF$3FXW&9X*FT/#]9GR<F1K-#JL"V%5DY;E6512=25QD):06X-Q3*/!$`W;
MM@%``;_X-W;L!J]9.%+;TWM#FF[3?/MEJYJ"U\U"(U=ZET!(=I-US!+&6=1.
MF#`S\P&!=!LXEHZ7N-E8J%3$\N,2DL03Q:9M@"GL!5NFOT:M;7576R"YTM5N
MD$J>+5XEA=K]DJXI4^IQ<W.MW3R)K[8[=A-STM,.V3-182-6*J2"8%%91/C3
MX@V1K2]O_P!4W0E6)+(.7].;ZUXLA6QGLYE#"DTPRO4H!D0X)JO[&A7A\U5F
M-1$0%1W(QC5J0!WF4`-@<0Z$-`9=)7V_>HGJ-6Z#35R7F.D7;4DS8O4R$.\J
MM2BY"F:=*JY,8J9QCK%..%)4IMX\2-@#=\`WA7(94RA?,UY'O&6\HV:5N>1L
MCVF;N=VM<VZ.[E)ZR6%\M(RD@Y5/\.:Y6'@3+N323`I"`4A2E`/YXOQG><T9
M'HF(\8UU];LC9,MM?HM%JT;R0?6&UVF4;0T%$-CN5F[9)5](O$TP.J<B1.+B
M.8I0$0!BR]^TDZR-+I'G"/QSA;(,BG'#(.Z!1<U03B[MCE)QJ1Q4;,QK%8D9
M%/=P\#.4<$.;L(8_8(A\7M_>EGE_)?66QSC#4GAZZXW0T?G6U&9AI&2JE)0$
MD@O0Y%FWQK%/(R90;%=,[%DA[&JI*%!5N\8-7!TC*$#?L!.?>_;_`)AM!F_X
M^C&8/HW?Z\U?M_B'=L"-FP3'T?\`3]UA:^IRZ5K2#A"?S=.XZAXJ>NL;`3%1
MAE8&(FWJ\=%/5U+;8J^@X(\>-5"%*@=50.`1,4"]NP3O_=QNMA^P-DC^VN&O
MUE;`>G(?M^-0EQ]OCCMSD/"<MC77QHIO6H'),30G+BO2ECON";-;EK/;:*HY
MJLC-LY60+&MO'H%$'*BI'3=PU3(4[\VP(PB.\1'[HB.P%8Z+O4/5Z9&O[$FI
M67&;=XM*WGJ!F^OP*?>I"Q8MN#`R$DDU8F513>/Z_/-H^8:IB8O&YCB%W@!A
MV""^I?/%VU0:@<SZA\BOUY&ZYHR5;\C6%==4ZH(N[/-.Y)&,;<8F,E'0S-9)
MFU2`>%%L@1,H`4H!L'A\98YN^8,B4?%.-*[(VW(61[5`TBDUB)1Y\C/VBS2;
M:'A(IHGO`O,>2#LA.(PE(0!$QA`H"(!=&](_ITTCI@Z(L6::*X#"2NR+,+GF
M^ZM&Z::MZS'96S5:W2O/`.<M#0ZB*<5$E.(F3BF"`&WG$XF"K9]PCGB9U!=8
MC6]8Y5XJY8T/++K"-:;J;P2C:_A=BSQZ1HV3[`32<2L&[=G`-W$LY.8=XF$1
M!Q;VX_2MT::INBA5VVJ_`F-LT(9GSUE_)J3R;02\XU(\6X88NB"P5TKCYC<*
M:\-&4D'(H-WK85$G13*IF*<.()KR_M(NB^\66=(8MS1`-Q!4_=X[/UW.T;E,
M'8!5)Q>6<@1#=]43JF^/UN+8!-ZWO9M8/L%=DI_IS:FI2"O[&/<.&>&<_P`]
M!6^MVURU;+'%C#Y$JL;$SM0>NE@*4AGD;*MN(0!0Z!-Z@`B=J5TQ9YT?Y@M.
M!=26,;-B7*U/53+,56SLRHJJLW/&:/G(20;J.(JQUJ72(*C*28+N&3M,.))4
MP`.X-#[`=&FYUEK?[=O/.GV5D%7C3#/4]T^7NKMESBJ,3"9@P=G%K),&P&-]
MX8GL./EW0$*`%%=TJ;XF'8`7;`Q-[5J.CY7K5Z;&,I'L9-DK2\_BJSD6;=\U
M4$F$;P<ACMW2:J)C)G`#%$0WE,`"&X=@L1^I[T5M&?4>P9>*E/X?QY0\[>7Y
MIQB7/=.J<+5[U4;P#(RL$:<EX1FQ<VRG/))%)*2C'YET56QCF2Y+@$ETPIK;
M+7I6HV*>JLXW[I-UJ:E:],-!$1%K*PK]>-D&PB(%$11=MCE^`?#8.H166;K)
M.&ZJB"Z"A%D5DCF35162,!TU4E""!B*)G*`E$!`0$-^P.9^X2Z?K_/.C/1AU
MO\302KI_F;3GI[1UKLHUJ4X(V^P8]JL?5,T."HAQF3D9@XUZ9<&_ZTL8H(<2
MK@^P)D;!FP,I^V6Z4Y^H7K98Y6RC73R.EK2;(U_(60P?M#GA<@9&3=B^QIB<
MQE""V?M7T@Q-*S*`\9!BF!FZH%[ZD(A./WI^$+C7==^G'/*\>\''>3M-3+'L
M+,@B<8MO;\6WNXR5AKY5BAR4GB<+?8QT!!$!4(L/"`\!MP)D[!,S2!U"-9N@
MBPS-ETBZ@K]A5U9C1QK5%UYXR?U6V#$F5-&FM%-L#&7JLZJR*X5(BJX:'61(
ML<J9R@<V\&0=+'O*M?6/9=A&:L,488U0T!4R3:?6B(7T=R.HP4^]/%&<K722
M-!<*'0.;>@O7RIJB`%XTP$1V!FC45K(TY=:GH,:X&>@I94;+7L"I^/:>W,-'
M061,72=`D(G(*%&>4^'55C1:3,-1W2$(ZC%%X]\!.!`W-3503"J+'M$1_AV#
MMZ]89VISD19JQ,RM=LE?DV$U`6""D'<3-P<S%NDGL9+1$HP50>QTE'O$2*H+
MHG(JDH0#%,`AL#"6GSW3O6-P0E'1TMGJLY^K[!1#?$9[QW7;6]=-TN`ID7-Q
MKR52O3A11(FX55I-4XF'B'B-V[`VYTGO=0Z5=;65JMB355BFOZ3M35Y0BZ+4
M\C-I!"<Q/DA^O)*JP])2N4FR:6G'[F2EG@FCXZ65=QBCI42%?]X4(FH`C/>_
M?[P^@SZ/R,9@'</Q[;S6/IV!&S8"0=.?JJ:L^EI:LF7/2?*T2)G,LUV!J]O5
MO-*9W1NM%5R2=RL:6/0=N6H,%RNWJG&<!-QE$`$.P!V`K_[WGUD?^^>G[]!,
M)_[UV"RGZ=&;KWJ9T$:.]0>4EXIYD;-6G+$F3+RXAHQ.)AW%GN5+BIJ;4CHE
M)15*/8J/7I^6B4QBID$``=@K0O<[=)X>GOK,<YKQ16RQ^EC5I+3EUI2,8S%*
M'QME'FA(9%Q:!4DRMH]@=T[\8A$@X$_#79VR11!@H8`66V#-@?2]GQTH1GIN
M:ZI6:JUOB*TXGL>Z3(Z6;$.F_L?)=062LOMT%@'C;P:#A:OQ*V[<+Q21.&X[
M9(^P6$H!N#=L%++UP<9V'&75\Z@-2EV;KQ*6U/9`N\:D9L<%GT3E24+D:MK-
MTBEXEB/(BV-Q3X0'CW]F\=@9;Q[[3KJBXEK]>D=*_4PA,40UYK=<LEJK[.U9
M[PE*QE@FJ\R4EXR2C\:N+'$6!6'4<*-"O#J(*K)I@/*3$>$`DM5/:.:P<BD`
M^JSK!Y1L!#$1XXFIQF4,@)E.7>*A`F<D99B04)N$`(88\HE^(@/PV#T2'LL:
MM'202<'U/,Z1+E!P9=@Z0P]'$DF@\SF(F"0:9=8J&<)B`"*A"I<1@W@!?@`1
M[ZEWMMNK)9].$#3Z?K`IW47K>$%',IC*LY?I+.EZHZO7B-'2DG3\=Y:L4Q:G
MUGK\B<H'-7I.QH,A631%HB"Q2@8$.;G2[;CJUV"BWVLSU,NE3EGL#:*G:(E]
M!6.NS<:N=L_B9J&DT&TA&R#-<@E4253*<HAVAL!8L78QE(OH6:NLR+HJ$A[C
MU&](6,XM8Q#E3<R&/<(:DK3,%3,8`(;NR.1F8&$-X@)P`=@#OL#&7M2_^-KI
MH_\`DO4#_L/O.P6H>J?4_AK1M@7(^H[/=PBZ5C3&E>>S<M(R3I)!Q*/$D%!B
M:O`-3CSIBT6:0`C..9(%.NY<JE*4H]H@%&-E&Z+Y(R3D'(CML5D[OUYMMV=,
MR;A(U7M<^_G56Q#`&XQ4%'XE#^+8/![!=>Z%M,]8M?2*TI:6L]5=A:JE;=#N
M),<9/ITNVXF[V-L^)X9"=B'!#[SM7K(L@8A%B;E6[E(JB9BG(40"FSU-XUAL
M,:D-0.'JX[?/Z]BC-V5\:P+^3%(TF]AJ+>YVL1;J2,W(F@9^X8Q:9UA(4I!4
M$=P`&[8-';!<Y]!;2]B?2STJ=($'BR&[BKEK#]%S_D>;<@0\O;<EY>J<):K'
M,2C@@!S2,4G2$8Q)\&\:P;I=HE$Q@W]U--$>DG7QI;L6#M8BT77Z"ZFH)Y4L
ME+ST14[#B_)<@]3K5,LU.LTV(1S.P/I6<)&D9K@JWEBO19J)*@L!=@KR]8WM
M">IA@VPS3O37Z?ZO<:IJN'$(]K-EA,<9-38<]<&S>P46_P`I%1(R96X)\0Q<
MO(IJ&,(@!`#<``(U,]/C6WHU(Q<ZI-+N:,(1<F^&,C+'>*1*L:A)R(%4.#"-
MN3=)U5G[Q0B)S$22>'.<I#&*`@41`(<CL!\O;1:HKEIKZN^F6)A)5RC2M1,X
M\T\Y-KW>SI1=B@\@1[I"LG?MA-W9=Q7KZVBWZ!S%$Y>2HF40*L?>#*755]I]
M0]3N2<G:@^EWEK%5.L[FVSJ.4],]DED4\>0^3"JM9"PQ=(ME92F%,9RJOB`.
M%ZU*LA;-3N"F07:-CIH%!4S-GM^>L-@095:X:%LOV.*B`747G,3(P.8XU9NW
M*)U';<N,YJSR0MN`!$!.W((_<V`/<A'/HE\\C)1F[CI..=N6$A'/VRS)\P?,
MUCMG;-ZS<%3<-7;5PD9-1-0I3D.42F`!#=L'S)*J(J$52.HFHD8JB2B1S)J)
MJ$,!R*)G*(&(<AB@("':`AOV!BGK6ZG+EK`T2]$#.F1I):9R!):5LYT*YS3H
M3'>3D]B/,S7&*L^_5,4HN)*P,:L@^<J]O&X<G$1$=^P+I;!+C2=H/U=:Z9JX
M5W23@RW9RG,?Q,9.7*-J*D(FX@(J9>+L(MZ\\:EHHADGKQLH0@)B<V\@B(`'
M;L$W?W>WK/?_`,_,T_\`K%%_OAL%KCTM\8W["O3@T-8BRI6)"E9)QKI:PK2;
MU4946QI*MVJN4.%BYN%?F9KNF@NHY^V.D<4U#DXB]AA#8-)];W2_BG5;TN]8
M5+RO$F?-Z#AB_9QHLNTY9)>IY)P_49RZU*?B'!P'DJ'<1RC%V7X.(YZY0'<"
MHB`4LPCO$1[`W_<^&P;&P[3V.0\MXNQ])NG3&-O>1:33)%ZR!(7K-A:+-%PC
MQTS!<ID1=MV[TQT^,!+Q@&\-VP7KV$,+XXTZ8@QM@K$-;9U+&6)J=!T6DUYD
M0A4XZ!@&*3%KSU"D(+N0=\L5W3DX<UTY4464$3G,(AM/8$4O=.=/"'IFIK2Q
MU=2TJRW'"M0O^&Z7KEK]*8M7M@;4^D7:'<U&\-D7CQFW_&.M\ZK+KKJ(MF[I
M*+*<X`N8Q0*U$>[-Z*K^MMIMYG#*D!)K-N>I39;3YE56QL50`0!BY<P5?FJ@
M9SN#XHRJJ/;_`.D^.P0.U">]4T44XCQCIQTSY[S?)D14!I*7I_5L,5-1;<<"
M'YJ;C(-G51`X%$2FC4#&(/Q*;LV`'F;/>:=2Z\R*@8:QAIKP3`@93N[?RI8\
MGV0I!,`I`ZG;78FD*X4(7>!C)PZ`&[-Q2[NT-5XK]X#U=*38FLC?I'3]FJ`!
MX*KVM6S#\?5>:T.8!,S83.-I*HO6)B!V$55*Z$`_G`<>W8)?YCUK])[W&"-:
MQUG#%DST]NJ!8S1-)P?G*#BI#)V*<KW60.G'57&V2)JG0C*R2,)89A9)FV7F
M8@KJ%*H4S>2.0#M%PDMULNG]&],[VT^EK2T+B,E+Y#ZNL8W/,]BACKK1ECS#
M=,>YDD[D\CG+E%JX=Q$0;DQ,<JHDD=2.CD#&(0PB4`0-V#=VGC4AG#2?E.#S
M=ITR18L2Y8K36:8P-YJJC1*:C&=AB7<%-MVYGK1ZVY<E$/EFZ@&3-O34$`W#
MV[![K4GK@U>ZQ)%C*:HM1^8<Z+12HKP[/(=YFYR#A%Q(=,R\'6U7):]#+G34
M,4QVK5(PE'<([M@BOL!<.BATW;EU-M>&*L--(.07PU3IJ)R3J.M:;=08JLXF
MKDDB\DHMT][$D9K(#IN2$C$@$RIEW9E@(*+=<Q`N?V;-K'M&S!BW1:,F3=!H
MS:-TRI-VK5LD5%NW02(`$2111(!2E````#<&P48NOK_?JUI#V=NK/49V_3_B
M_;_N;!$K8+OSI3_\,KI^;^T?DVTXAO\`XL3578%6O>E:YQJ6)=//3_I\NJA.
MY1FRZ@LNH,URD,C1*2\?06,X9]RS\PR%AO(/I$"#NX%:\B?MXBB`+^=/WW3'
M4DT0UB$QC<I2LZM\/UUFC&P-:SFM+*7RMQC8B"+:-@,M1"Y+.JP:MD>6BE,)
MS*;=/<1$$R%`FP>BZM7N<<Z]4G34XTJ!ILQM@3&-ALE7LUY=M;C,9.N%@=4V
M71GH!A$S,C7JA'U>.)+M45G`I,EW:X)`F"Y$CJIJ`L3L!>^B-$LZOKIK.JVW
MLUSX?T$T3(6LG+,H"1P:MV&)JP^/CJN=ZX#HIR^0LQ2M>@6"0[U%7#_>0IN`
MVX->:=^L%U`-*NIG*>JK">>;#7,A9OR!9<C9@KTH"=EQKDN<M4V\G90MQH4T
M#F$D>!P^43:NDR(2#%$>!LX1#8&2:Y[W?4XRHH1MIT.X.G\D$8&03N,1DZ]U
MNGGD`3`J3YUC]>%L,HJCS`XE$$K"CQ;]Q#IAL";F?LVW;4EFW+6?\DFB#Y`S
M3D6W9/N9X"+;PD)YDNDV]GI<L1$MMZ4='$>/C`BD!CB4@!O,8V\PAJ0A#*&`
MA`,8YA`"$*43&.8P@4I2@':)C".X`^G8&+^MEIEM>D+1-T/,'7R/7B+U':3<
MU7ZYP[H#$>0MCR]E]EE%Y!/DA.;D2%?0M:3!PF&[A6:FWAOW[`N;L!/.F9U:
MM4G2?N&4KOI>C<42$SEZLU^J6LN5*C,6QDG&5J4>2\<>(1A[55563LSI\H"I
MCJ+%.3<'"`AOV`P7[Y)U;_\`NUH__0W>/UP;`ZE[>+J1ZANJ+HHNFH/4JRQT
MPO<#GNW8T8(XQK4I5J^-<@ZG1IIF=>/EK'9W*LD+VQ.`.J#@I!(!``@"`B($
M2ZD__#OUV_\`Z>ZDO]CUPV"C=V#>NEW_`'F=.O\`XZXC_P#K^O[!?![!FP>0
MOU!I>4Z7:<<Y&J\'=J'>(&3J]PJ-ECF\M`62NS+51E*1$M'.R*-W;)XU6,0Y
M3`/QWAN$`'8*V7K#>T]U!Z?[39\W=.6!F]0>GZ1<R,T[P<S7!_F_$38ZAG1X
MN!9.UB.<M5)H!Q(S.T,I8$DRE36;.1*9V<$[[/5;-29V2J]QKT[4[+#N3LY>
MNV:'D8"=BGB0B51K)1$JV:2#%RF8-QB*)E,4?B&P=`&P2WTF:$M7.N6]-,>Z
M5,#9!S'.+.4$'[^NPJR-0K9%5$R"]M]YDQ8T^IL$N8`F5D'K<HAV%XAW`(66
M70D]N+C?IG*16I347*5W,>M-[#JMXMS$I+.L;X#:3+0J4M$X_-((H+V*Y.&Z
MAVSNQ+(("5`ZC=DDDD=99R'P>[VQOD3*72[HE9QC0+OD>QDU=8MDU(&@U.?N
M,RE&M<>9A1<R*\778^1>HQZ"KI,AUS$!(JBA"B;B.4!"L]^2W6+^R?J6_01E
M/^ZFP9\ENL7]D_4M^@C*?]U-@]-5>GUKON\HA"U+1=JKL$HY4*B@SC-/V57"
MAU3B`$3,(54$TS&W_2(=FP'&T+^T]ZFNIVQ1,AGZJ1NC#$:BZ*LO9\JKQTWD
METQXBF6;UC$E>EUIH)0Q!W!XVO"(D'MXSB42"%CMTYNFMI?Z8&!F6"M--559
MI/5FTOD7(UA,V?Y$RO;4FW=SV6ZSB+=N5;D$.<C%@W(C'QJ!S$;I%$ZAE`G]
ML%*-KGT@ZLIO6QK"F8;2]J)EHF6U2Z@9.+E(W".3'L=)1K_+%L=,7[!ZVJZC
M9VR>-52J)*IF,11,P&*(@(#L$6/DMUB_LGZEOT$93_NIL%SGTO(F6@.F[H-@
MI^)E8"<AM(>GJ,F(2<CGL/,Q$FRQ96&SZ-E8J10;/XV09.4C)JH+)D52.42G
M*`@(;`F'[A'V_75.U9:SLMZU\,FI&I^DW)"!C*IC6L3[&F9+QC1ZE#-(B%J:
M-=NKR,@K*@@9)9THO&R2CEV\=K*BT3$^[8$R<S:+]7&G:3=P^==,V=\2OF*I
MD7`7W%5UKC3C*?@XF\G(0Z4:\1.;^:HBL<A@W"`B`@.P:!85N?E'B<=&P<S(
M2"RI$4F#&*?NWJJJAN$B2;9N@HL=4YNP"@41$>P-@,-H;Z`O4]UW6"%)1].5
MNQ/C-^Z0+*9JSY$2N+:#%1QU"`XD(U"P,4+5=#IHF$2(PL>^$QMP',F4W&`.
MG9E]L=/XSZ2%HT*:&\N49KGC+-]HN1]4>7\LQ<W!FU'HXY)*3%9Q;'/H!2?-
MC.AP-M69O8QH9O(I"JS$[DXK.%7``C1J<Z(G52TD.Y`,O:+<R+0+!P=(;OC.
M`]8:,NB!^%-V%EQBK:6;!%<!WE*][JL`?SB%W"``,>5JEE@G:L?-UZ=AWZ*@
MHK,92&DH]XBN`[A15;.VR*R:@#V"42@/\&P;_P`":*M7&J2PLJMIWTW9GS#,
M/W!6R9:1CRRRT8V.(CO4E9\D>2`A6J0!O47>.D$4R@(F,``([`]%T//:G6'#
M>1*/JVZEJ-:=VVD2,;:\8:589_&VJ(AK3'+(OX:T9GL4>L]KLVYA':9%VT!'
M'=LA<$34=NE2E.T$-1^\[P=FO+N?]#[O%.'\J9.:0N'LL-IEWCW'ENNC2*<N
M[M7%6C>1<UN'DT63ARDB8Q$U#%.8I=X!NV!++Y+=8O[)^I;]!&4_[J;!GR6Z
MQ?V3]2WZ",I_W4V#/DMUB_LGZEOT$93_`+J;!98>T#QKD;%?3/R57,GT"\8X
ML*VK#(,DC!7ZI6"FS"\:XQ_BU)"1;QMCCXUXXCUU4%"%7(04S'3.4!XB&``/
M3U$HJ3G-`6MV%A(V1F9B7TE:B(R*B(A@[E):4D7V)+:V91\9&,$7#Z0D'CE4
MJ:*"*9U55#`4A1,(!L%+-\ENL7]D_4M^@C*?]U-@W9IJT=:N(W4;@"1D=+.H
MYA'L,V8J>OGSO!N3T&K-FUO<"NZ=N5U:L1)%NW0(8YSF$"E*41'LV"[TV#-@
M^5Z=XFR=J1Z"#I^1JN=BU=.3LVSEV5(YFR#AVFV>*-4%E@*4ZA451(41,!#;
MMPAJ0)[/6X/R:8RW]F\/5NP[P_\`Q-V[!'W-.FJK:D&YFNH#15I$S0F*14B*
M90<Q=W=HD+N*4&C^PX-?OF8ID#<4R2A#`'P'8(I5GI#Z'J=,IS]>Z5'3[;2J
M"O.1</(V*F$4U0.)RG(RFL)OV("4P[P^];@[-W\`$,JD7DJA0C2LT7!>#J96
MF!0(PK]3O[VN0C(O"4O"TB8C#C-@V+PE`-Q"%[`#8/1^/9Z_-IC+Z/\`-NP?
MR_Y3;^S8,\>SU^;3&7Z6[!_!_P#:8.W8.?'L]?FTQE^ENP?JFV#CQ[/7YM,9
M?I;L&[_9-OV#GQ[/7YM,9?1_FW8/Y0_PE^C8,\>SU^;3&7T]GJW8?^3_``EW
M=H;!P$]GH?\`+3&0#]P<MV#X?R8F'Z=@Y\>SU^;3&7T?YMV#^7_*7XAL&>/9
MZW?X:8R^'P]6[#\?N?X2_1L''C^>M^[TTQE\-_\`BW8/Y/\`*81[=@Y\>SU^
M;3&7\F6[#_SXE#8./'L];NW&F,O@`[ARW8?U2[NS8/PK,9T<)F17Q?BY9)0H
M@HDME>>43,`]G"<AL2&*8!`>W>&[8.@8QN3(MX9_&X,PA'/SB)CO6&0'S1V<
MWUNTSE##B2YA'>/:(_2.P>C\>SUNW^FF,OXARW8>S=O^/Y)=VP<>/9Z[/R:8
MS[?NY;L'Q[>SLQ,.P<^/9Z_-IC+=N'X9;L'\@?X3!\=@Z"38Y0FU"+S.$,)R
MZR8\1%93(4@_53,&\0,51UAU8Q1`1'M`>S?L';M93.#-%-LSQ7BMHV3#<F@V
MRK.((IA]PB2.)"D*'\0;!]'CV>OS:8R_2W8/^?$P?'8,\>SU^;3&7T_YMV'L
M^YOW8E'X[!P$_GD?AC7&7Q[1]6[!V?Q[L3#L&>/9Z_-IC/?_`.+=@W;]X]G^
M$V_X;!SX]GK\VN,OI^.6[#_)\,2C\=@SQ[/7YM,9_I;L'ZIM@SQ[/79^33&7
MZ6[!V?\`+B8-@SQ[/7YM,9?3_FW8?Y/\I?IV#Z6,WFY1XT3D,>8Z:,#N42/G
M+7*,Z]=-FAE"@X7;,U,8,DW:Z:0B)$S+)`<0`!.7?O`-M%^`=N_L^.P<[!$?
M7Z_?Q.A36A,Q+^0BI:&THZA9B)E8AZ[C)6+E(G$UMD8V2C))@LW>Q\@P>MB+
M(KI'(HDJ0IBB`AOV!(7$.KCJ/-NG_!](]2SY-E<\Y[P)6M;./M<+R:L<@\J?
M3PO&'W>HG*,J^N"\ZI:O5"F9!BUZ"Q4,[`PC+IE351,DV`X-[]%RQV*X=*+0
M):K;8)VU6FQ:9\<S,_9;/,2-@L$Y,2,7WI]*3$U+N7DE)/GCE4QU%5E3G,(]
MH[`L+K(ZJ.5(CJ42746QM:=0DSI'T0YZKFE&1Q#4</9NE<"9HP!'M;K4M6NI
M&4RQ!5]UA%6S4+*5J+'UQ!Z[,Y.G"E4XT_J$,#P\58ZUD"B1UMJLJQLM0NM2
M9V*N3D6OWB,GZW9(9*3B)6.<HB45V,I&/4U4CE$!,F<!#8*URIS^>8[IW8HS
M3(4'6Y!91U":@+O@O"G49D.J3DZH8$Q[E=WGBX57'L_E+#S*Q3YL>4.JMH,8
MM1648D82!X\PBNF9PD(A9!XTK]RA<.T.K90LK:^9`BL;5>OY"N#)N9DSN5P8
MU=C'6NR-&I"HF:-K!,IKN4R`4@D(J`;@'L`!$>W/M=KO729P1;KQ:K3=K3-9
M#U.!*6BYV*:M-BDB0^I?+%=BB/9N?>R$DY2C(2';,VY3*B5%NW(F4`*4`V`.
M-IS!U%\"]6+JVZR]-,S>-2&`](>4=/=2U$Z#W$Y8)=U;\'9%P)`W&QY%T_L7
M;R3C*[DS&DM$+28,&3-$9-NLN!Q5*)T3@4OV^NHN'U88\ZAN>Z=<KI=,6Y`Z
ME.>IO#3B\/K$K(0.*)6L8YG*E5F$+8WCM>I1<,276`L8CRV[94Z@$+N'>("T
MZD;;,&2>N/FS%E<JMPS12*]HAP?=V^*C]3?(?3KI];L,A<9J&=W:.FZPC+1U
MQFGS-(C-:/[JB/+,"YU!%,`$&:^GAAO%N$M.</7,93$](.;!(,[OD^(L>HFP
M:HY&DY;L=.J1KE1B9;LUCM,M+1]:.T01;)BZ!(4>%=-,A%PWA.C8$\.KJTRO
M>^M+0,35&O6S*]0^S>3R-(X@3ZC%^Z=E.)8F&HF4JZ61?/U63E&EJL[&/D"Q
MX1`,^8Y:N!<&4`K(`V`]72^P9C?"FGX#U(\_'7[(:]>NF<*1/ZL;)K(/CC)B
ME3B(M]2XS+UHLED?OX>*8,$00Y9V[=P`BX(@F*I@V!>GKBY8R[H=UBV"\:&\
M\Y7&S:A],%S0U[X;AX"]9SK6D_3V_M-<K[G7G3*N2RHPN++U&&>.6[5B0&S>
M57:&<@F`<]0X-%:&J1A>@Z4,&P^GW(D[F'$[['E8L%5R_:+K,Y#LV5FLY$-'
MILB6&W3SU](R<S:S&[TX*84DVRAQ0311(F5(@)]16'=3VIS6IU>V-(TVZK]5
MK'&FM:_T+'\_0NJO=-&E1PT5]6VDK&U6/QX-A%C,,T)%]XB#ANV,@B0X(@D(
M!PB#7G3-Q%JCPOH*T]8CUL9"4RMJ3JM'?Q64K>O875N=O5G<_..X*&D+BX%-
MY:Y2M5)XQC7,D<3'=K-3*<Q7>"IP'1[?C414E.FG4'V9,]P3V\CG/50E+/<I
M9;92%N)&P^H#(,/`(23JXV)>;191M<BVR#1-4P$39I)@0.#<(A,WK'ZA<Z:<
MNF#JHS_I35,YRU4L>PDE4;/#1C>U*52N6&WU>$N.3XF+Y3UE,J4#'TS(SS?B
M(LWWLBJ'*=,H@(``U?8OTMZ-=`;;J"Z.>JUJ5O&LA&'H=NQ'D^;U@V?.*>L7
M(]EDX1-7&EFTXR-BF:C88V]>(+I'AF$,W6@=P&5[&B@"#4N49RTSFC'(EEM,
M6XJ%VE],5LGK%"LW+IL[J]J?8K?R,M&-'B"J3UNY@YA51)-4ARJD,D!@,!@`
M=@KY,7+ZEUM%_3LF:[6]:&#=36M2ZT^GX%ZDF0.I_DB0TZ%R2ROKIVZ=9%PK
MXW;8^NEL]8B7,7&5^69M@F'!1%(Q^!0A@L=KA>8##^*['D?*UICXFL8SHLI<
M<BW)X0K",8PU1@5Y>TV%=$HB#9JDU8++\LO$(!]4-_9L"4'3[ZF^7:?U+\?:
MG]0]@U`QV`.K%:;SC17'>4,3YMH>&M)-F-;R!HE;4"\7^)C,6VI7,>-(U$)Q
MQ`+&3.]DE'2PG*AQB#4'4%T;8JU58P-/Y'L>:JW)X4IV4[-2G6&<VY(PH\-*
MRM6066-8'^-I^OO[&T05KC<Z#5VJHU3/Q&%,PCO`!=>W+TP5!]H>TH:\[/D;
M43D+4/EK#&0:_=Y3*&HC+F2Z8^:R.6'[59W&X_NUIFZK`2B3:@1Z:;IBV;K%
M3!4HF,"I]X;XU-6BUM.O5TQZ6RM5I94VPZ3]:DW8*@RL4TSJ4],UQM525Z5G
M*VV?)PDQ)0999P#59R@JHWYPB02B(;@_'7HS]E;"&GS3;`T[,MJTQ8CSUK'P
MY@K5-JKH_"TM6`<"70)P]BLT19%&KI&A.9R38M(WQ\Y2A&`XW@8IC@.P#HU!
MTK$W35SQT];#TW];&<LEY?U':L,48CR!I4N&J>UZKZIJ6P1=%ED<H90EJS:[
M/;EJ;(8\A]TDE:(XS%HW,L(;N$=P`5OW`=PMM`Z.NN2Y4.TV2EVZ`QS5'D#:
MZA.RE:LL*[-E:@-C.XF=A'3&4CUS-ESIF.BJ03)G,4=Y3"`@N=J@U?:T=(VG
M[`?3'UJ6S(MER7,ZB-$MFT6:WZ.[M,,PU0:?O6>B(7S&F3YN)D$9*OY5Q_3I
M<T=,(O73@9R..!G!E#'1=R`/?A_I]&P9L$<-87<?E3U(^)^DOA_H;E#OOKYY
MB]#.[>39CF^L?E+\9_2[A_[?[A^%^%\[E_6V`;&+O+GRFXZY/V9W@7V5EUX?
M(GJKZ;>&;ZOS_(7?_P`HOV>._P#I_%_7&[N7*[-@F-H*\'^SVT_^&?+/X+Z&
M-.[_`"H>>?E5[IW!]Q^C?F[\?_3+^=W3O7X;R=_#_P!#8(,88\K_`&%]Q[I]
ME]Y8]$]0/'Y`]8/LO>[>=+]WGS-XU^5[TSYG%YQY?X7XKXAR/J<&P3IT&^"_
M9\X`\*^7'P7T+8\CY6_/WRL]W\->\WT7\Y_C_P"E/%Q>'=X_"NY[N7]7E[`(
M"(\D_8+9#Y/V+OE?SG,\_=\P7V4O.^8F+W^:>_?E@\>Y_#WONWWCSOP[OO/,
MV`]>$_#/E?QCW+R+X1Z)5;N_D3S;Z9=P\E,^#R;X_P#COY&Y/]`[U_67<>#C
M^^[!#?HW^`?(I1?+7R4^&>>LM;OL]_4OY6>?ZASW.\E>K/XW>8-^[S%Q?@WC
M_?.5V;]@^C1QX%\[W4R\-^2[Q7U%PCXU\O'J-\R?.]-W/=_G5\V?B;YSY>_R
MMX!]X\"W\[Z^[8-8=&OR]Z?:J?`/LZ/][3(WB?V;WJAZ>^(=SB.;ZR>I?9Z\
M_P#MGPC^K.3W?E[`%_K>^GOSSROF/]W'\4]+L=\S[4+YH/FBY7=Y3D\_TK_$
M_P!/^#_LCE??M_/YOU]@+WT%/+/R<7CRK]FOW'YAKEWG[*[U<^6KOWD/&/'X
MOZR?C%ZJ]WY?B?=/ZO\`#_#^#[]S]@-ML"A/7E\@_-_3/,O[OEXEZ'5?=]J]
M\R_K_P!W\UW;E>4/27\5/2WBXNZ;_P`*\2[[S.S@V`A7M_?*ORZ9N\J_96=W
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MOI)`=W\-\1]*^1Y.9\GN/C/];^GW+W<KO7X3X;NYOU]^P)[Z#O*/VF%:\._=
M1_,GJ5,>(_*7ZX?-9P=^?[_1KS1^2CU5W_TKPOZ_.YN[LV!P;/\`W3T+S)W_
M`,G=R]*\@=[]1_&O3SNWE.5Y_G_RY^,'DSE[_%.X_A?<N;ROK\.P+SY/\C_8
M88$YWV+GE;S[3N3YY^8C[,+G^I%K_P`&>X?EC\R<WC\%Y_X-XWWG_J^7L!<=
M?O@?V<V=/%/EA\"]%&?-^;+U#^5#NO!"\CUC\G_E&]-=_#SN3^&</!SNSF;!
M$KJ@>6/LX<%^.?9J^"><=.'(^=;U>^43?Y<7[KZ3>G7Y0?-O+_\`@KO/9W;?
MWCZ^[8"RWGNOHG;N/RGW'TML''YL\8\B]T\HO.+S-R/QA\I<G^F\O\-[GQ\/
MWW8(A]*'P?[/_3KX#\I'A/@5K[I\B/GGY2]WJ%;>;Z-^I/XZ>#<[B[[WWM\5
M[UR_O7!L&O,Z^7OM6-$W?/DJ\P>C.=?"O4?U0^>7D>&O>=\MO@/Y,_3#AX_-
MOC/X1R^'E=O*V"7>L?=\K><>+Y;^'T^E^+YP>/Y9>'A3W^MW*^^^1=W]*X/K
M<7#NV!;3H3^4OFENWEC]W`X_*,[XE]EOZU_,WWGF=O<_5[[QZ8;]_?/"?P3=
MP[NS=L!V>JOX1]G]J-\>^4KPKRY6.]_/5YX^4S=Y^J?+]9O3?\<_`>=P]S[E
M];Q7NO'][X]@B+U2O+'RQ:*?&OLR_"O7?!7</GI]7O2_F^4W?=/E>]/_`,<_
H63E;_+'B7WGN?%WG[YNV`XA?YH;M^[<'\[?Q?#Z=_;O_`(]@YV#_V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>g575217ex992_pg001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g575217ex992_pg001.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D
M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$"
M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#_\``$0@`1`$8`P$1``(1`0,1`?_$`*$```("`@,!`0$`````
M``````D*"`L`!P0%!@$"`P$!`````````````````````!````8!`00'!`,*
M!@L+#0```0(#!`4&!P@`$1()(1,4%187&#%!(@HC)!E187$S)2;6)U@:,D-4
ME$:7\)$T-F9VMC=7=SF!H5)BLG-$-;<HF+'!X4*5M=661V>'.'@1`0``````
M``````````````#_V@`,`P$``A$#$0`_`'^-@'%JIYH^E?2MJ!T^Z2;'97MY
MU2:E<B4:AX^P?C\K26M46PNT^TAPR#D)91RBPHM%AVJJSPZ[L_:WB#906C=<
M"*&3!#'FQ_,C\YO'.JG/>ER/F*-HW##61[#1%83%])B;':)6,B7:@05F5OV3
M&%E?/6-O@%6TFS<QS.*26:.TSE(7>&P!N2Y^/.,1=E?$YA6H@5R+=>4BM@B%
MV8GW[P`\>O"*,%$=X_BS)"G][8"CZ/?F_N99@N5BXW4BTQWK"H!#I)2B=HK\
M7C#)R;7KRF54AKQCR+801G141$`[Q@G_`![@`3%Z3;`_ARR>;SHYYJN.GEKT
MZ7!U&Y`J[!@ZR9@J\E91&5<>'>@"17;V(0>.FEAJR[S>DWF8Q5RQ4-PD4,BN
M(H%#N.<+JIRKHDY;.J;5-A$]<3RGB&J529J![;#FGZZ#R8R52JJ\[SB"/&!G
MR?=,^XX"]<3<KPFZ=VX0KTOWPOG`_P`HTP?U)/OTY]NP9^^%\X'^4:7_`.I)
M[^G.P;'Q[\YKS1:U(IJWO&FD[)43U@&78JX^O-1?F3XMXIMY.!R1U"'P;P`Q
MVJHAT#T].\#BZ)_G.]*>59B*I^M/!5QTQ24@LFU')=&E%\OXL;***I)$<S\<
MA$0V0:XT$5!,)FS&:*F`?&8`#BV#@\]/G6<R70;:\+Z@]%&1-,V:N7UJBJK-
MWB'*2&/6^0&T)?8I@![)1Y.XP5Q;,9`\HP3++QIU4T5C$,\:F)QQZHB``1^<
M*YP._P#NG3![P_S)/?TYV`OO(Y^9\U::PM?^.]+6MI3"[>A9OA;#4L>3E$HK
MNE2$3F!NW).5!I(/5;#-(OH^U-HQW$I("F0QI!XU$#A\13`R-SV.9D^Y6N@:
MX9VHQZVYSM<+/6\7X%@[2V&2B7UWGG!Y&6F)*&2=-'$E%52E1,D_4("A$S.$
MT$CF+UP;P0[_`'PKG`AT"YTP='_V2>^[\%YV#9>&?FJ^>+J!RQCK"&)833=;
M\F95N,!1:16X[!SX[F6L5CD$(V/0$P7<Q&S0BJ_6.'"G"DV;D.JH8J9#&`#K
M:^_FO<=:(*_$:=<-M*=KIUA4:"CJUG3,T`9:B:6(C*C!@@E;TZB2'7D9R]MF
M-@Z](K2.<-V:"28$-)J+E5(4%<\K_-6\Z/)4RM)P6HFGX<8&<'5;5W%N%\8D
MBFB)A,)6Q75^KU]GG*9`-_"7>*G'=_"V#F8E^:VYS^,Y-N]L&?:-FB/3<$6=
M0.5,+8X%@\3*H)CMC/L>PM`G6R9R#P[T':9@Z/;NV!P7DI?,UP',\S/!:4,M
M:;9_%.H2=@+)8H:RXS?.+IAV:C*E$JS,XZF@EA;6?'/`V0$J':3RC19=1-$7
M1%5$B'`PW,OYL&D7E78H;9$U(VQZXM%F2D4\88:I:326RADZ2CD@,NG!1"[I
MHUBX%FNHF1Y+R"S:/:B<I.L.L=-%0$)]5_SC_,7RO.R;+3)2<1Z5Z("KM*),
M:`1S!DM5H98X-5I>S71`M13=]FX1,1I`(@F?>`'.&X=@'Y%?,Y\[N+DTI(^M
M>1E2)*BH,9+8:P`O&*@)P/U:R+?%K5<R0`&[<"H#N]_OV`NNCKYTC532)>+A
M-;.`L=YTI@K%3E+MB`BF*\G,6@E$%'Q8)X[E\?V5RB;<(-B)09%`Z.N)[=@.
M=SW^>+J&T9:/-`.JS0^R@(6$U@GFK*I'9\QDZ>6-O2G="JMQJ23RM!8(]2NS
M(HSXF<$ZY<!`2@4PE^(05K_?"^<#_*-,']23W].?=L&?OA?.!_E.F#^I)[^G
M.P9^^%\X'^4Z8/ZDGOZ<[!^Q^<'YP92%.+G2^`&W\._"+X!'</".[\^-P[A#
MW;!^/WPOG`_RG3!_4D]_3G8&L_EL>>=ESFIH:AL1:JO+]IJ!Q2I!Y"IZM`KJ
MU3B;/B.;!"ORI30R\Q+B>4IEN31[0N4X`HC,MR\("F)C!YOYDSGQ9CY6UDT^
MX+TE+8Z>YUOT7-9/R6?(%;4N$=5\7I+KUJG-$HIO,Q`MI2WV9G(JE5.<120B
M1#AW+E,`*X?OA?.!_E.F#^I)[^G.P$]Y0W/JYW'-%UMXRTVP3C3I%8^3<$O6
M=[Q&X,=B:BX;KC]EXJD$7"MT5:H3T\9RE$Q`*%,4TD^1,8HID4$`:9YW7-'@
M>5/HEM&:V2$;.9NO;\V--/%.DCIF;2N1I6.=.1LLNS$X+.ZI0(Q%23?D+N!P
M=-!H)TS.B'`*TKE!Z[,4XZYP^*M=O,7R7>+"Q):<C7B[94>Q$C>)D^3K=39^
MNURS6)A%@M+!`0TC-%4$&#9<6*+=)-!L"1``@./\Y/05R[^>[C2&U&:']7NE
M-SK1IM<!C59)EE>DLFN;*FR$7#+&F4HH\BE9ZW/Q9ES%A91ZQ!9BHJ+1V0&I
MRJ-0K=LUX1RQISR;;,-YOHL[C?)M(D1C+/4;$@FC(1S@4R+MUDEFZCAA)QD@
MT5(NT>M%EV;QNH15%51,Q3"&J]@D+I8U39PT8YUH.H[3O>)*A94QQ*DD8.89
MF%5D_:*!U,M6K'%J&!K/52Q1YSM9!@N`I.$%!`=Q@*8`LL^8#K_Q[S,?E?-3
M^J^A-4X1U:\84B`R/207%RMC[*M9S?BQC=JBHH81659-WYBNXY93<=U%.VJY
MBE%02@%6./\`9_8'1L&;!FP?0$0]@B&\-P[AW;P^Y^#8"8:&M6\?7*K>]#.H
MVP/'NB/5$ZCXVX-I,YY!MIWS`59!MCC5ACQLH8RD18L;RYD_$#=J)"V&K*OF
M*Q3J"U.B$+,^8.R)IKS-DK`^6(@L)D/%=ME:A9V**HN6*KN/5^K2T,^ZM-.5
MKD_'J(OXQZF'5/6#E%=,1(H41#QM#N]GQG=Z?D:DRKF!N5!M%?NE2G&9A([A
M[+5Y9I-P<HV.`E$J[&38I*E'[I=@/]\PAS@6/-5N^D1:ANUF6.L5Z;ZC.6RK
MI@];,XG4CE!@RE<T1Q4'!2E>(U)2)CXAHYWG*=-NJ<AMRQMX+J^W_P!.P&/Q
M7CVZ:#N7J.O%V5[4LXZWIV]Z;-'LHF=S&V&FX/K<::/U4YZKRX%(JSE;8289
MX_A7:8IK(L9.;<)&*;LJH`'$1^Y[-_0'W-@E-I*T2ZJ==>1G&)])N%;=FF\,
M(@UAF8ZM)L&T?7(`KMNP[ZL]BFWL57*[&G>NDTDU'CM$%53`1/B/\.P;PU2\
MI#F2:+H1Q:]2.C[,6/Z4T$_;;ZA!M[G08XJ8"(J2UUH;VS5J&3,`?"+QRAQ>
M[?L#?WR<NE&#P]@K5]S/\JH$C85:)F<2T*8=-TQ/'XWQ@R2R'FJS,S*!U@M)
M&6:QK(IRF+])#."#[1V!-#F-ZZ,I<Q;5YEW5'E*5?.%[I8GK2AUM=8XQV/,6
MQ3QTC0J%"-A542:,H.%,05Q)N[4_4<.E.)5<YA"#R"*SI9)N@FHLX74(B@BD
M0ZJJRRA@(DDDFF4ZBBJAQ`"E`!$1'<&P&+'Y?;G(CC>-RHEH*S$YK$I%DFFS
M!HK3W-X+&JMNUHK.<;(V<^0&KA5`0$&RD:5WO$"BD!NC8--<NCE_9*U8\R/3
M]HENM'MU,EY[*4<EF6MVJO3-;LE/QO3@/;<H*S</+-&,G#.TJ;$.DD07(GO=
M+(E]IPW@Y#\[/$1=?TS<O2!A&#6+A83*66(>'BV*16[.-BXR@TQE'L&B!``B
M+5FT0(F0@;@*4H`&P5V>P;2Q)@[,V?+*O3,&XGR-F.X-8EU/.:KB^E6.]V-O
M!LEFS9Y,+0M8CI.13BVKAZB11<4P2(=4@"("8-X2.^S+YC?[!6L;_P`->8?T
M/V!@G3GR+,W:E.19GNTV'3UDS%>M+2_J<O\`E?$]9R#CNQT:[Y8PZYQ3C+S!
MQTQBK+%1TK+MGQH9>1@A22/Q3<<=JD(=L6'8%&50$JARF*)#%,)3$$!*8IB]
M!BF*.X0,`AT@/3OV`G')UUSO.7=S$-.6I->2<1]"B[>A2,T)($.NF_PO?CIU
M[(`K-$RF4>*0,:Y+,-4P`1%]&H"'2`;!TO-NUIR6OSF%ZG=2II=:6J-HR)*U
MS$PF%4J#/#5'6/5\9H-$%DFZC4C^LQJ+]<@D*87;Q8QOB,.P#C0257621124
M7664(DBBDF955950P$3232(`F444.(`4H`(B([!;J_+>\J9+EKZ'HBR9(KR#
M'5-J>;063<T*NV9$IFE0:K`SC'N'5%3"=5'P5%2*CB32^'\N/W9!$Y$41`%'
MOG+M2,SD?F.8UTZI/%0J6FO!-><%CBK*=0%ZS$Z5N%ADC(<0I@NO4V=?1`V[
M?PH[OPAN+Y6?E%Z4N85IQUTV[5[B-KD6JO;GB_$^-9L',A`V:D3D!!S]ON,Y
M1+?%*-9.%F#)VB&(OU9SH.$B@DX243'@$"Y6KY*7E]24JY>5/4SJWJD>LY,L
MWBW,CBBQ@Q2,8Y@;)/EL<QSI4B?$`%.IQ'W%^(3"._8($ZN?DI+?$5)W9-%N
MKD<BVV-;KJ$QMJ(K;6K&G4D`*9LQALCU%1ZP8/Q2`4TTWD0BT.?=Q.$";Q`$
MG=1VF;/>D7+%CP=J2Q9;<092JRA`E*I;HXS-PJT7$_8IF&>IF6C+#79,B8G:
M2+!=RQ=$#B25.'3L&BM@/_RSM1,XUY4'/'TG/9)16KV'`.#M0%;BECCU,?9:
MGJ)Q90K@\9IAO`JLY$6>(*N/1O"-2W[]P;```=@(%RHJ;4<A\S#0=1+]5X"[
M4FW:K,)5ZUU"U1+*>K5E@)6^0S.3A9V%DD7#"4BI%HJ9)=!8ATU4S"4P"`[!
M:/:T/ET.5?JZQE9:G%Z8\::<<AO(YP%-S!I\J<5C>>J<\5LL2,D)"N5M.+J=
MQATW)B"Z82#10%TN($U4%>%8@5)>I'`]VTO9^S-ITR.FU)><(Y,N.,+0=B8Y
MV#J6ITX\A5Y&-.H4JBD9)@T!PV,8`,9!4HB`#T;!I/8&XN8AH7F-:_)%T!<X
M/&<8M-99PW@R"T\:PF[)N9Q+6K'^%;%-X=I&8Y4[=,RLA-4M"KLV4NX4XU3Q
M#YNJH8J4<?8%'1#<(A]P=VP?=XC[1$=WLZ=@)%RH.7C>^9QK8Q3IAJG;HVJR
MCP;;F:ZLT!5)C_#E:<-7%SL)E#E%NE*O$%4XV**I\"TL^;)F^$QA`&F_G,=-
MS'#N.>5ZUQ14&]4T_P"):CE_`]8@X5J9&!J3AE'XM?U*%$2`)".9&MUQT9(R
M@BJY[$N<1,8#B((A"&X1#[@[NCV;!/7E_P#,KU;\LO*$YE?25?V-0F[=!-ZS
M>(.PUF&M]1ND"S>#(,8Z?A)A!0=[%\)E$'+19J\0$YP(J!3G`P-2:<_G6<N%
M7:UC6?HQQCDBER352*M$Y@^<EZC-K1SE$6KU12B9!<W2M60KENH8JK,\E&H*
M@82\92CNV!FW!NI30ES!N4QJRH'*S\'UR%<Z>-1=91T^5ZKL\<W'&&0<H5"]
M2AHBPXUC3_D4]MM<VX5;O&`N8E\LJIV5PH"9RD"G\615;JJH+I*(+H*'1616
M(9-5%5,PD4253.!3IJ)G*(&*(`("&X=@Y49)/8>18RT8Z78R48\;2$<^:*F1
M=,7[)=-RS>-5B"!TG+9PD4Y#`.\I@`=@:YTV_.(<SS#T9"U[,E:P7J?AXIBQ
MCUIBZ5>4HN0I%%DBFAVAW:<?RL7!KR;DB8&5<+0JYU%!$Y@$1'>#+O+7^8OY
M6G,`U&8[FLSX7K^DC74O6W^+:%D'(K>L3D-8XRV.H<[W'=1S\VCX23;DGY6-
M0[-%SK..357*"3515942*!#GYX`=^GW01_KCS-T>_HI=0#W='1L%=#L!-N5-
MS/,E\I[4=.:D\58XHV3[).XML6*W%>R`ZL#.#1BK%.UF><2:2E;?Q[\[]NYJ
MZ1"%,<4N!0V\-X%$`8D_?<-:G['6EW_VUEC]*=@>-Y46LFY\P7E]Z=-8&0*C
M6*)<,SP]UDIBJ4Y>5<UJ(/5\H7:C-"1BTTX=2AB.X^K(KJ`JH<2K*G`!X0#8
M*ZCYH_E-AH+U?GU'XBK)8W2]JYF)BRQ#6+;`G$8SS4'Y4R!CX$T$B-XR)L!E
M3SL*E\).I7=MD2@FP'8%;]@S?O\`;T[`UE\JQRH!UN:NO5?EVM=OTUZ0IV(G
MVS:49I+0N2L^)@G+T6GF3=)*(2,524P3GY9,`,`&)'H*%%-X;8+44`W!N_"(
M_A$=X_[X[!4X_-PTV:K/.;RC/2;91&.R+AC`MMKBYDS%3=Q<=1&M#=*)G'X5
M!2G*6\3-N]G#N'[X2%Y</**^8*H&F;$VJGEM:BH?'^.]4=/89#<T*OYN5H\B
M@@23DH^%?7*D7JOC0))X[C6"3AN\;+.EC-')4S\(;R[`4ZH\IOYK_,X'0S+S
M46V%8=RFH+I./U`WAQ.E.H81,DFQP]0(Z,`H@8=W#)D`G0`;@]@=BX^6PYWQ
M)4)5ISQ+JJ\!5)X$@OE#5(U=@]X"F54`B5J=$^C5W@4W'O.4`,)2B/"`:6YA
M')*Y\V0M+SW&F9[AIDYHK*@INY[%V0)1_8HC6=BIR!FBTI&8]OEJC*<XNM;G
M6K,0>P$U+32;M42';HE<IH*%!$.Z4FX8XM=@HM_J\_2;K4Y9W!6BHVJ(?P-D
MKLRP5%%Y%S4-*(-9".?ME2B4Z:J93@/NV`HO+CHDK*:6.<5D=%-3N2CZ!ZS6
MI)<`'JBR>0-7>G%6&;G'A'Z59O3WARAO#>5(VP"3'VC^'8"2\G+_`&K?+L__
M`+$P%_VBP6P78DG)1T-'/Y>8?,HN)BF;J2E)22=-V,=&QS%!1T]D)!ZZ42;,
MV3-LD91550Q2)IE$QA``$=@I)^;5GFBZG>95K8SOC)\A*X\R)J#O<A2)MJ&Y
MK8:O%O\`P_#65KTCO:V-C$D?)B/2)'`".P#MV"W0^6OQ&PE^1#IIH.3JU&SU
M/RQ`Y\">JTTV!Q&V*AWS*^18MS&RS0X;G#">A%5`,4>A1NL`^\-@K,N:GI1J
M.A[F%ZKM*]`EI";HN(<HN8JFOI;IE4JM/PT1;X")D5N(W;7T#%V%)BJY'A%T
M=N*O"7CX0`?FP6H?RC6B7%F"^6U"ZKHM(LSF+6',V25N5B=M$2+U^EXSN]JH
ME0Q_#*;C*EBD7<,\EG1]X"Y>/P`X"5LCP@=_F"Z%<#\Q?2WD#2]J$8N"TVU)
MMY>'M<2HS:V;'%UA"K+5O(%4?/45VK69@EE3E,54ID'3-9=LL!D5E"B%9)KF
M^5LYH^DVTS2V+<5J:P,1IO'9Z]D'!)4Y&UJ1292*M_%>)';HMTA9CJU!!5-@
MG+,@,0W`Z.&[8`+Y2T^9YP:])'9KPKEC$#]1R9HDTR?CJWT-=9T0ICF01):(
M>+%94"%$=Q=X[@W^SIV#4([RB(=(#T@/_G#\&P%FY(>M:^Z%^95IBR;59Z3C
MZA=<F5'#V9*^U<&+&V[%>2[#&5>P,99F=0C9X>"5?HR[$Q^E"08(J`/0("#8
MO.T^5%MV9LL7W59RTG--2F[Y,2EKRAI;LDLSJ30UPD^LE9>=P_9GIBUZ/\3/
MES.%X&54CVK==8QVKH$3D:I`F#FWE?\`,4TY.GK?-.BK4G1V\>*@.IMSB:W3
M-4(5(#"=1*XUN-F:JY0X2B(*)/#D,4-X"(=.P065050.HDL0R2J1S)JI*%,1
M1-0AA(=-0AP*8AR'`0$!`!`0W#L'Q-0Z9R'*<Y#)F*8AB&$IBF*/$4Q3`("4
MQ3!O`0W"`^S8&=>9KK0O>M[D1\J*[93E7ECR7B'4%J+T]7&TR+I5Y)VD^.*/
MCU6JS\NZ<**N7DR^HDY%E>.%3"HY>)*JF$1.([`L-L&R,8X<RWFV?6J>&<79
M#RW:FT8XFG-8QE2[)>["WAFBS=NZEEH6KQLI(IQC9=VD11<4P2(=4@&,`F+O
M#?7V>6OS]A[5]_X:\R_H9L%L?\N[0KSC'DUZ)J+DJEVS'EV@*QE)*=IUXKLO
M4[5"JO,\Y4DF:<M7YYFPEHU1W'/$7"95D2"=%4AP`2F`1"5/,_T6XMU]Z'L]
MZ<,L(@C&3]-DK)4K.BU1=2E"R)3V3F<IEUA@5#>#J)E&P$73*8@NV"[AL8P$
M7/L%(0H'"<Q>CX1$O1[-Y>@1#\(AL&)AQ*$+T?&8"!OZ0`3_``@.[_BB._8+
MO_ED:,\5Z"=$.`M.&)FI31%;I$1/VBQJMTV\G?,B6R/:S5VO,R"8;Q>SLPY-
MU29C'[(R30;$'JT";!/;8$MOG%.7'8LZ:=L8Z]L80CJ:M>EEM)TS,D='-5';
MYS@RUR*4BQMXI-T%%C-<:6\RBCH0^%)A,N'!^%-L<P`3/0QSMN2U1='^G7&]
M:UTX=I\5B3"F,\:#7<A]_8]MC!Q2*5#03LCZN62$CGBSE5PQ.=15J5PW55,;
MJU#[!YC/OS5W)OPFDZ1KN<+MJ`FVZ2IB0V#<76B4377(`<*!;+>F]#J)BG$W
M\--\H7=O$-^[=L`-L\?.]O.U*,],.A=N5D3B!&Q9ZR@LHZ6Z3\(JTS'T2FBV
MW!NW@$ZK[^G8(KU/YV?7$SL(N;SI)TKV.JF<(F[FK#O*]0GDVQ=W7IIV22NE
MR9"X4$-Y3FC!*7V"0?;L&S]2FMWD9?,)UT&>>$I#EC\P5&$1C,=:@,@M8B1Q
M?:)1HW`L14,EY-KS=C&VJDIJFZ@BUB:P#^-3,`LG1B@=LL&W8WE*77E?_+5<
MTR1SDC6%-0VH!Q1I*RN*C.1MIKS/%V/LYT2!Q6WA+%&`9"3C;(B^D+$FH!@,
M+:8;D53362.0H($CL&V<$9JOFG#,^+L^8N?,HO)&';U6LC462DHQI,Q["TU*
M4;S$*Z>1+\IV<DV0?-2&,BJ`IJ`&XP"&P$MUB\^CFFZYZ1+8NSKJ@GD\66!G
MW?9,<8SKU6Q55K.P,<IU8^TDI,3$RUFBW!BAUC1\[<-%-VXR8@`!L`>C"(C]
M[W!]P/N`'L#8-^:6]-N4M7VH+$^FK"\"XL62,P7*(I]?:(H++-H\)!P'>=CF
M5$2',RKE6B2+R,DY-N(V8ME5##N*.P7@FE[`-2TKZ<\':;Z(`C4L'XMI6,H5
MP9,J2TBA4H%E$+3+LA1,`/IMVV4=K[A'>LL8??L%17\Q;_MJM?@[O_JE5^G_
M`/$^/O\`R[M@"EL%PA\LE_L1M$WWHG+_`+-_OSWE`>G[^P1_^:RUU#I'Y8MF
MQ759U6(RQK$GT\*5GL2QT9-GCYL1">S#.H'35253:C6$T80YRCQ%4GDQ#V;P
M!2#EK?-CZW-&-8KF(]15<8:SL-UMLTBX)[<[(_K><JO#,T@;MHMAE#LDZA:H
MUD@4I4DYR/>/`*4$RO")E*0`F#S5/FO\):ZM$^6-*.+]%MHBYG,\"G6IBX9J
MLE1F8B@-A<-GBEBIT-7VC]U*7!BLV#NYVJO'@R6X5^%02]4()'".\1'IZ1'V
M^W8)P<M;"S_4!KVTEXP;'3;1DIG"AV"Y2ZXB5C6<;4290O>3K=*K[A(TB*GC
M^M24@Z6/N(FBV,(CT;`3BY_,0:X\=<SO5'K>TUY4>M*/F+*#M-OAF\).;-B:
MW8?I!3U'%$-9J<J\:`QEXZC1S41D8M9A(HNEEQ(N!55"'!B/%7SO6*E:2AYW
MZ&,A,LC-FQB+DQ3DZN2='EWA4?A62-;HJ)GJ\U77#=U0A)F1(._K%!#<()(<
MP?5RGKMUCYYU8I8LJN&$LSVY&PH8YIYBK14`W8PL7`MU'3\C..)+V.80B2O9
M=\#9N#Z3<+K@DF!^$`AF`;QW=`?A^]L#`^KG`MMPA\OSRPIBX,'$8[S_`*N=
M5N=H1B[(9-P2GS5,QO3*H^%(Q0$J$_%TD))N;I!1J\2.'0;8%]]@*3RDN:%<
M^4OJ6GM2E$Q15\P3,_B>R8I6K%ML$Q7(QNQL=@JM@5F$GT*V=N3NVRM533*D
M<@IF*L8>@Q2CL#(G[[]J1_82PA_6M?/_`(#L#-O(.YR&0^<1C;4/?,@85IF%
MG&%;S2JC&Q].M$Y9D9U&U0$O,N'CY2;8LCLU6:D:4A`3X@.!QW[A`-X'#RE_
MFRR+_B);O\GY#8*$9;\:K_SA_P#E#L'U#\>C_P`ZG_RPV"^YQ?\`YL\=_P"(
MM1_]P1^P>ZV#J9Z"AK/"3%;L45'3U?L$7(0<[!S#-"0B)F%EFBS"4B92/=)K
M-7T=(L5SHKHJ$,FJF<2F`0$0V"MBYW?RL.9<"VZWZDN6]2YK,.GF9=/;!8-/
M5=3>3>6<++.%#.7S6DQ(`O)9(QPB<YC-4VPK3<:D`)*HN4DQ=;`F9*Q,K!23
MZ&FX]_#R\6[782<3*M',?)1K]JJ9)TR?L'B2+MF[;+%$JB:A"G(8!`0`=@ZW
M8/152HVJ]V*'J%'K4_<K;87B<=`U>JP\C8;%-R"V_J6$3"1#9Y)2+Q7</"DB
MD<X[N@-@>XY$_P`J_=36VDZNN9W44JS!UI^PL^-=(4TFV>3EAE69RNHN=S\R
M,1PSB*^U<D(NE5Q,=X\4(!9($$2J,W(,N?,>)(-^2-KS0132001QUCQ%%%),
MJ:22:>;,7D12333`I$R$*`%*````&X/9L%.3L&;!V$9$RDRZ38Q$<_E'JH@"
M;2-9N7SI0PCN`I&[5)98YA'H#<4=@*?HVY(_,VUQ6&(CL/Z5,CP52DER$=9:
MR]!2N*<40S,0*=:2<6JW,&)IM%!,V_J(="2>J?Q:)Q`0V"R9Y)?(-P3RD:N]
MOTO+,,U:O;Q!%AKOF96,%I"5&#<&0<OZ'B&+>$[="UMT[03,^D'&Z2ES(IBH
M"")2-2`P!L%-G\Q;_MJM?G^M*K_]D^/M@"GL%P?\LB8H\D;1,`#O$(K,(#^$
M,^90WA_N;]@`M\UGRR^:9K/U#X^S?@W#I\[:8\08M:U&G4_%4NG.9/K=BF7S
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M`UV?M4O'UZKPDM99^6<$:1<%7XU[,S$DZ4'<FU81D<@Y>NW!Q]A$R&,/N#8&
MT.3G\K+J?U57JGYDUX4FSZ:=+D))Q\V[H%L;KUW..:FK4S=^G78ZJ.DRR^/*
MC+E^B?2DH5H_,W,(,6YS'!R@!5?G5:M6Z+I6Y<U)IT'&5BI5#(^4*Q5ZW"M$
M8^'@:]`X\I,7#P\4Q;E(@TCHR/;)(HID`"D3(``&X-@KP=@S8,V"QE^2`_\`
MUVUY?ZZ<1?Y#6;8'6,H_YLLB_P"(EN_R?D-@H1E?QJN[I#K#](>_XAV#ZA^.
M1W]`=:GTC[OC#8+[K%_1C3'8>W=1:ETA[/\`J"/]FP>YV#-@TZM?\D)K+)IX
M'N#A--94B2Y+CBTA%TR',5-<A%;DFJ0BQ``P`8H&`!W"`#L$&-3.A/2=K&<J
MR6I?EDX_RU8%B"12X3Q,,L+X8G#P@F%_K]RB;J4@`'0`/P*7W;`.YK\N7REF
MDT$T'*TLK@P+BOW6ZU*3R\+T[AZH8XV>^K%#X=W"(^_8"=::M)&G;1T@*>F#
MEP4;"CM1N9JYGJ.WP>PMKYN<O"="3NB]L<6V53.7H,#EZKQ>_?L$N0R%DH!'
M=@"XA]_QGBKI'>/^&OOW;!Q7UTOLFU68R6G6SR+)P4"N&;ZUXD=M5RE,"A2K
M-W%R415`#D`0`0$`$`'8/-?7/V23?S["'Z4;!GUS]DDW\^PA^E&P<IH_FH]8
MKEAI5>,G!-PD79RV%6RQ!*.\O"JC:R'*(#TAN'8/3#D+)7^@&XC[?Z9XJ_37
MW[!GF'DO_0#<O=_33%7W_P##7W;!GF'DO_0#<O\`YTQ5^FNP>9>OIF2=+/I'
M2J\?O7!N-P\>RV%G3I<X%*0#K.%[4HLJ;A*``)A$=P;M@XOUS]DDW\^PA^E&
MP>D87*]Q35)C&:=+-&LD.,$6;"U8D9M4>L.90_5-V]R323XU#"8>$`WB(C[=
M@YGF%DK_`$`W'W_TSQ5_;_OU]^P>#O<>3*4=W1DW1VUR+$\(D[KO:N"K?'<`
M[]Y196"RR+82CQ#T</O'8(X(:*=(S:5[[;\IW3HC+;P$'Z>(])15RF`2B!BF
M!7<0Y1*`@(``ANZ.G8)6UN9L=-AVU?J&EV4JD"R+P,X.MSF&8.(:$``#A;1L
M7;6K)`NX`#<0@!T;!WWF%DKV>0-QW?XYXJW![/\`#7[^P<=U>,@OFRS-[IXM
M3QFY(9)PU=6W$SALND?^&FL@M<SI*IF#VE$!`?N;!%:WZ3M-&0'B\C>>5U@R
MW23I45W,C8L:Z59>2<+"/$*KA^]=K.UCF,.\1,<=X[!L3&.*L>836.XPUH#H
MV)G"A`35=8U@-.5&<JD```"K.*S,1:ZH;O\`A".P;M\PLE>WR!N.\?;^>>*M
M_NZ1_/78.IE;);ITB))O3/.3)&YC'0)*V+#T@5`YP`ISHE=V]8J9CE``$2[A
M$`V#I?KG[))OY]A#H]G^%'W]@SZ[^R2/X.W80Z/O_P!\_O'8,^N?LDF]W_3L
M(>_V_P!*/=L'=15EM\$15.$TSSD,FN8JBY(JQ8>CR+*$`2D.J5I;T04.4IA`
M!-O$`$=@[4V0<DG*8A]/]P.0P"4Q37+%)BF*(;A`Q1NNX2B`^P=@\A]<_9)-
M_/L(>_V_TH]VP?M,KLZB9#Z3.J(91,IU3O<)&(D4QP*94Q4[,=0Q4BCQ"!0$
MP@'0`CT;!)!,`*0A2E*0I2@`$*``4@!T`4H%^$`+[.CHV#][!^3%`P"4=^X0
M$!W")1W"`@.XQ1`Q1Z?:'2&P(8:-N<]KQP+BG...LZN\C:E\MZW;KE:O\IJT
M2RKFPJ/LQUC4+.Z5++A2UR+5B@2'CL<2O=%R$ZH@08D7`"KUCA$A08'^7NRE
MJ,RMH%FG^JO,-CSIFFD:I-26)K+D.RR0RCB2)BZ^'IK="-<&;-#%A41BSF;%
M%,IN%03"&\P[`+SGL<VK+V"]6]6QII:U%UK&0:"ZG2=2.I3&;R;E8^1U7S%S
MOM*7B])\'W8Q?-E'[###"5L<D*YD0*C(MDB'ZTX\(-7:?\XX\U,81Q5J!Q/,
MI3^.,Q42N9!J$FF)!.K#V6-1D$6SQ,AC]EE(Y14S9X@8>-NZ142.`&((`"1.
M<];>;J/?^;)DG,FHOG-PN+]->MS+6&,5W'1_,80=Z:L51'4UTF/*?DF1R@V6
ML$4^2M]F0055$IH]*.=LR&5!0X[P;TY;+K5:^T,:9WVMZ4@YO5$_QE%OLK2T
M`XKSMG(OWSIZZ@'3MY4?S4>3JM258#)+1@BQ5?BL9$3$$!$(@\HO,F6LMY'Y
MM$7E+)-QR%'88YH^=<+8J:6R96E4*)BVJU3'TK`4NOIJE(#6)C'EB="7?Q*&
M`Y0.<P$+N`<',1U4\S3$/.4DT]&4Q,9CP]IOT&8_U/9NT2NY0466:Z*^S#<,
M?9&6Q>B$>Z.UR_%01VLA&[C\3@\>"::3@YA:N`E'RCN8<QYA6N[F,7[%>8;U
M>]+T;C'1!/8=QY:7#ILTQ!;+MC>WK9GJJE<<D$T%;&MV@A;RR(*N$".FQNSJ
M&1.!CAHSG19HU7PO,BT!Z><`W+6X>E9;P5J.M5\Q+H;R)B3'>4[C*X_6A'5?
MG6TQFY(U!;M*]VY0[WKCIKK-`%-+>?A`0+1RT,.Y(H.)9+(65LG:X+)<,M':
MN'N*-=.0\<Y"R-A5.E3UQK[>+C7F+:Y`5!LE<&JB<DX.U4?HN""V%-P<I-X@
M2;8%IN>/E_5#5-7W+!PKIYN6L-O#YY-JV1R-B[11?<94#,>2&^-<<U.X5Q:#
MF<QHGQVR&H.1</7:CTZ9E(P'*:?$L9+<!`>5WAK+%6I-FS!F/(W,%<6S(1W-
M5-@W7OE#%F1K3B]G0K79632P0!\05J%IJ![^S>).U%VSJ1(LS*U+UH&3,78!
M[<]755J/Y9F0M/.N/3UF2:R-XB>7G%=PY==OG[/)U#-C1MCR>F/.#&E>K$;*
MS\!)X639IRMF4(4L8=@5-0YFZPG%R!1N51&SR^BC#.2;9JSL.M.V9KK+3*MB
MSB^FW3ZGR4E:C*OUZUC&`71:^#Z/2E5C1*#%9%.1!1F<7P%<\::8`"U<YQU8
M6?G%:Y<`UB]\VJUX?Q-B?3!;:3C7EPV;"[0M$F\AX_1>6B0NZ.9R%1;Q-C?M
M!48IL#G-VH')CE`G#N`WG)O3UXIZ0%2<P4V0!RCYQY2-C!/,:U$7SBEIY[X;
M^5:>:W.-2EJ"^1P:`Y[69N!3BCU76;C>P-;<GG,67LN6'FC-\KY*NV1VN)>:
M#J)PUC%.WS"DNG2<8TV/ISFNTJO@9-,&T1$JS*XD`W&J/6`!SF`I=P$+UG9N
MLNFW2)J;U"TJJ#?+=A+!65,HUJG%*Y5)8YZBTV9L$;$N","G>G:N'T<4JY4?
MI12`P%$#;A`%UH?&6L*<Y:Y>:^XYVN<6N;5]/2VJLC-@IAI#09$O4:LK=?(M
M[A9:EKMUX1@[+X7<N3R03G>1!-P=H^K"#!VA+/-KU5Z*M+FHN^57P/<LY8&Q
MMDBU5AN5VU0B9RW52.E),(LKKA?-XMRY<F79`H(JD:JI[S&,'$((G0>N_6`.
MDRWY:L6I[G-HZ@KUJ?R[ITTNY#I\]IU)H3F,O-,C3%9PKCZ[6+)38)E@P5/'
M`WG#R(H(*E17!%41+T!8#X$+EYO@C#9=0J\"KG='%=!+FEU6>H+6CY2)58OS
M`7A1;D3:%B#6@KH412*5'J]W``$W;`GO6N>Q+EYO$1F&3U0UY]R]<F:@KIH'
M@M/#.<E7#FF%KL968BCZX)5`T<,.G3,EYA:R46@J5P0&T)].HF8YR'V!L355
MIMG=3-,K50@-1^H+3$ZKUQ;VM:[Z;K5!U"[S;9"$FX8]5DI&Q5JUQBM;=GER
MNED19G.9=HB8IB<.\0!MR%*/J'U!8])J]SKK[UF9?F<;:E-4N'4L/WN_U-]A
MBT5NB3%BQE6)*RUJ/H\9,O;#'-71)(JO>((!)(D4*B4I0*`32YC&9LMXZU]<
MF3'5"R1;J;1<Y:D<ZUG+]5KTJ>/B,BUZIX.=7&OP]H;D(87S"-L,<18I`,4#
M`<Y#<13B&P>UYT^K[+NB?0E9\L8/EJU3\AV7*&&L,QV6+K%DFJ5@]CEZ_P`/
M397,-JB7`&8OHREL'YU$R.?JO:U415*H0#)'`7.N:M:M>4A@>@:Y\;\T[4GJ
MRLS7*F&*S=-.NIM_C.ZXQU8Q64;K#5R7JF"ZU4ZC`RV-;>>.G5)6(&#>NR(L
M61^L%4A1.8#A\S'(5TQ7RY=<.4\=V2:I&0,>Z3L[WJF6J!<E9SU7M-7QI8IV
M#EXUR8BR:,C%R3)-0@F*8O&3I`0WAL"BF2.;QKQTK<JJYX'UJY*MU0U79>TQ
M8OU'<O#77273M)IJ#J]VE<:729QE8)Y)B*,'GG'4!:';)ZW<H(I2$<4H#\8M
MG$@#W%:X_#D!UBR[A3N2*XW#I91RZ7/V%#B6<N%1,JX<*F^(YS")CF$1'I'8
M.[V#^*_XE7\;^*4_$;^M_@C^+X?BZS_@[NG?[.G8`MZ./LA_+W2AZ?O#7<7J
M:U,^CKS/\=^,/4;W9D+U(>5_FG^<W;>J\0]KW_4NV\79_I^S[!)KEF>BKR"N
M7H.[\\G_`%!9J\6^(?,+O+SQ\5&\XNN\S/SBZSQ;UG6\'U/M'6=3T;]@\YI/
M]`77Z]O(GC[V]2.2_6[YA>-?$7G9X-AO&'>WF?\`E3PUX$[)W;W?^0.[_P"X
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M^.O`OC[M=G[H[/V_]6?B#O3OCMO<'Q]L[3VGZ7BV",O.+^QC\[-/?VFGF7YS
M^`[SY">6?JD[_P#!O>S'QYW=Z;?K7%VKL_:^U?2=GX?XOBV#;?)U^R__`.\1
M]FWYU=3UF*_./SB]476=?U5_\!>'_4[^5.KZGO;M/=/T&_JNO^+JM@-KL`&.
M<O\`9">,M,'VG_F3XS[/E;TU^7/J:[[X^S5;S1[F]./Y5[P[I[O[3VCX^P\7
M#]%UVP=IR?/LIO%>=OLWO/'OSP]0/-CS@]6?4]T]XVOP?W%ZG_XWM7>'7]S_
M`/J]7VC^)V"1L[Z`_M18[QWXD]?'IGMOE_YD>9W@'T[]IB/,'RB\4_J2W]LX
M>_NY?RQP]I[9]!UNP='RA_L]/(>_?9F^-_3EYNVWM/?/G%Y=>8W:C>-_*7S6
M^H=Q]Z?W=X=_)';/9]+Q[![7"'H7^THUE^5'BCUU^6F&?59V[S,[D\`]TM/)
M;J^_OU<_]2\78NY_I^J[1UO3Q[`2L?8/!NW[_=]W?[]WW]@38S/^[*^H#45Y
MA^IWSN\[\B^H7P#]HYV;SK[]7\>=]^57YH=]=X_PNS_!V?J^K^AZO8&A-(OD
M'Z1,'>0'>_IP\I(#RT\?^*N^?+7NG\E^*O,K\\.T=U?W3WU]=W<7:/BXM@6E
MD_W4'U`N>V^7O4^9YN\>H]4'H+\W.]D]_;^R?]S[O#O/AXM_Y&XM_'T;]@;B
M8=S^'&'A[LGA_N9KW)X:[/V#N7L).[>X>[?JO8^P\'9>S_1\'#U?1NV``4)]
MB-]DCJ!XNW?9F>;=Q\W_`!CYS]N\V/,R`\7>&_$?ZT^^?-'L_!W)\7;NO[-T
M=;L!<6GD[Z,/C\T_('T\.>N[Z\T/.#RC\!J]?VSO+]<?C+PAQ;NL_.#K]W_2
M=VP#CRK]CE]C-5O,GP_]E7Y7XF\,[O'_`'CX*\85_P`M^R=T_K@\2^+>R=9P
M_EGKNM[3_'[`7W$'AKREQIX*\4^#_`=3\*>./$OC+PUW&Q[D\4>,OSN[_P"Z
M^K[5WI^4.NXNT?2\>P0LY7WH=].]G^S\[V\CO/C,G?\`WQYA]J\Y?$I?-C@\
MS/SBX/$W%Q=7]2Z[CZGHW[!FL/T4^J'E\>I/Q+ZA/-Z]^B3N+S&[-YE^#VGC
M_O'P;^;79?`^_M/B#ZGV#K^#^,V"56H_T_\`D-E7U5>6GIW\%S'G'YP]R^6O
M@GJ/RKXN\0_DGN_AX>'K?BZ[@ZOZ3@V!;W0S^[+>J+%?IK[G\Y^^5?2[YZ^J
MORS[WWFZKTP^I7]4G?'7<'=W<GU_K.K[#\7#L##>LSR$])6I+U2]J]-7DKDC
MS\[%XBZ_RA\+R?F'N\(_G/U7A?M76]@^M=7Q=7\6[8!=:WOL9?LLM/7K1[L^
MS\\/8-]._B;S-\:=U^%VGE'X.[F_7)WAX(X.OZOZSW7UG;?H>MV`X%7[#X9K
JW=G>'=O<<3W=WKVKO3L'8$.Q]Y=N^N]X=GX>NZ[Z7K-_'\6_8.]V#__9
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
