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|                                  |                                   |
|---------------------------------------|----------------------------------------|
| Global Trade Services                 | Global Trade Services                  |
| Standby Letter of Credit Department   | Commercial Letter of Credit Department |
| 1900 5th Avenue North, 22nd Floor     | 10461 NW 117th Avenue, 2nd Floor       |
| Birmingham, AL 35203                  | Miami, FL 33178                        |
| Tel: (868) 828-6928                   | Tel: (877) 418-0365                    |
| Fax: (205) 264-6027 or (205) 264-6019 | Fax:(786) 845-4952                     |

| Date: | 05/24/2010 |   | LC Number: | 53816 |
|-------|------------|--------|------------|-------|

|                                 |   |                                                          |
|--------------------------------------|--------|---------------------------------------------------------------|
| Existing Applicant Name and Address: |   | Existing Beneficiary Name and Address: (no post office boxes) |
|                                 |   |                                                          |
| OCEAN BIO-CHEM, INC                  |   | TRUSTEE-REGIONS BANK                                          |
| 4041 SE47TH AVE.                     |   | ATTN: CORPORATE TRUST                                         |
| FORT LAUDERDALE, FL 33314            |   | 1901 6TH AVE, N,28TH FLOOR                                    |
|                                 |   | BIRMINGHAM, AL 35203                                          |

| o Increase amount by | $ |   | o Decrease amount by | $ |
|---------------------------|---|--------|---------------------------|---|

| To new aggregate amount (before any drawings): |       |
|------------------------------------------------|------------|
|                                           |       |
| Amend expiration date to be:                   | 07/31/2011 |
|                                           |       |
| Amend latest shipping date to be:              |       |
|                                           |       |
| Amend other terms and conditions:              |       |

| OCEAN BIO-CHEM INC.                                        |   |                           |
|------------------------------------------------------------|--------|--------------------------------|
| Account Party  / Application Name                     |   |  Guarantor Name           |
|                                                       |   |                           |
|                                                            |   |                                |
| Authorized Account Party / Applicant Signature   |   | Authorized Guarantor Signature |
|                                                       |   |                           |
| MICHAEL S. JENKINS                                         |   |                                |
| Relationship Manager Name                                  |   | Relationship Manager Name      |

| Rev. 4.28.09 | Commercial & Standby Amendment Application Form | Page 1of 1 |
|--------------|-----------------------------------------------------|------------|

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|                                  |                                   |
|---------------------------------------|----------------------------------------|
| Global Trade Services                 | Global Trade Services                  |
| Standby Letter of Credit Department   | Commercial Letter of Credit Department |
| 1900 5th Avenue North, 22nd Floor     | 10451 NW 117th Avenue, 2nd Floor       |
| Birmingham, AL 35203                  | Miami, FL 33178                        |
| Tel: (866) 828-6928                   | Tel: (877) 419-0365                    |
| Fax: (205) 264-6027 or (205) 264-6019 | Fax: (786) 845-4952                    |

| Date: | 05/24/2010 |   | LC Number: | 53817 |
|-------|------------|--------|------------|-------|

|                                 |   |                                                          |
|--------------------------------------|--------|---------------------------------------------------------------|
| Existing Applicant Name and Address: |   | Existing Beneficiary Name and Address: (no post office boxes) |
|                                 |   |                                                          |
| OCEAN BIO-CHEM, INC                  |   | TRUSTEE- REGIONS BANK                                         |
| 4041 SE 47TH AVE.                    |   | ATTN: CORPORATE TRUST                                         |
| FORT LAUDERDALE, FL 33314            |   | 1901 6TH AVE. N, 28TH FLOOR                                   |
|                                 |   | BIRMINGHAM, AL 35203                                          |

| o Increase amount by | $ |   | o Decrease amount by | $ |
|----------------------|---|--------|----------------------|---|

| To new aggregate amount (before any drawings): |       |
|------------------------------------------------|------------|
|                                           |       |
| Amend expiration date to be:                   | 07/31/2011 |
|                                           |       |
| Amend latest shipping date to be:              |       |
|                                           |       |
| Amend other terms and conditions:              |       |

| OCEAN BIO-CHEM INC.                                        |   |                           |
|------------------------------------------------------------|--------|--------------------------------|
| Account Party  / Application Name                     |   |  Guarantor Name           |
|                                                       |   |                           |
|                                                            |   |                           |
| Authorized Account Party / Applicant Signature   |   | Authorized Guarantor Signature |
|                                                       |   |                           |
| MICHAEL S. JENKINS                                         |   |                                |
| Relationship Manager Name                                  |   | Relationship Manager Signature |

| Rev. 4.28.09 | Commercial & Standby Amendment Application Form | Page 1 of 1 |
|--------------|-----------------------------------------------------|-------------|

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