CGI Finance, Inc.

1407 Fleet Street, 2nd floor

Baltimore, Maryland 21231

July 2nd, 2012

VIA FEDERAL EXPRESS

MARINEMAX, Inc.

18167 US Highway 19 North

Suite 300

Clearwater, FL 33764

Attention: Mike McLamb

 

  Re: Notice of Extension of CGI Finance, Inc. Floor Plan Loan Agreement dated
October 7, 2010 (this “Extension”)

Dear Mr. McLamb:

We refer to that certain Floor Plan Loan Agreement dated October 7, 2010 by and
among MARINEMAX, INC., a Delaware corporation, MARINEMAX EAST, INC., a Delaware
corporation, MARINEMAX SERVICES, INC., a Delaware corporation, MARINEMAX
NORTHEAST, LLC, a Delaware limited liability company, BOATING GEAR CENTER, LLC,
a Delaware limited liability company, US LIQUIDATORS, LLC, a Delaware limited
liability company, and NEWCOAST FINANCIAL SERVICES, LLC, a Delaware limited
liability company (each a “Borrower” and collectively the “Borrowers”), and CGI
FINANCE, INC., a Delaware corporation (together with its successors and assigns,
“Lender”) (the “Agreement”). Capitalized terms used but not defined in this
Extension shall have the meanings assigned to them in the Agreement.

In accordance with Section 2.04(b) of the Agreement Lender is pleased to hereby
notify Borrowers of the extension of the Termination Date of the Floor Plan
Credit. Hereafter the Termination Date of the Floor Plan Credit extended to
Borrowers under the Agreement shall be August 31, 2013, unless that date is
further extended by Lender in its sole and absolute discretion in accordance
with Section 2.04(b) of the Agreement.

This Extension is the second occasion of a grant by Lender of a request by
Borrowers for an extension of the Termination Date of the Floor Plan Credit.

By countersignature below, Borrowers (1) acknowledge the receipt and sufficiency
of this Extension, (2) affirm and restate the representations and warranties
specified at Article 5 of the Agreement, and (3) acknowledge that, except as
expressly modified and superseded by this Extension, the terms and provisions of
the Agreement and the other Credit Documents are

--------------------------------------------------------------------------------

MarineMax, Inc.

Extension of CGI Finance, Inc. Floor Plan Loan Agreement dated October 7, 2010

July 2, 2012

Page 2

 

ratified and confirmed and shall continue in full force and effect. Borrowers
and Lender agree that the Agreement and the other Credit Documents, as hereby
extended, shall continue to be legal, valid, binding and enforceable in
accordance with their respective terms.

 

Sincerely, LOGO [g342127ex10_26bpg002a.jpg] Geoffrey D. Kreller COO and
Compliance Officer

Acknowledged and agreed, this 5th day of July 2012:

MarineMax, Inc.

MarineMax East, Inc.

MarineMax Services, Inc.

MarineMax Northeast LLC

Boating Gear Center, LLC

US Liquidators, LLC

Newcoast Financial Services, LLC

 

By:  

LOGO [g342127ex10_26bpg002b.jpg]

Print Name: Michael H. McLamb        Its: EVP        Being duly authorized