Counterparts. This Ninth Amendment may be executed in multiple
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.
[Remainder of page intentionally left blank.]
IN WITNESS WHEREOF, the parties hereto have caused this Ninth Amendment to be
duly executed as of the day and year first above written.
BORROWERS:
HORIZON OFFSHORE CONTRACTORS, INC.
By:
/s/ David W. Sharp
David W. Sharp
Executive Vice President
HORIZEN, L.L.C.
By:
/s/ David W. Sharp
David W. Sharp
Executive Vice President
HORIZON SUBSEA SERVICES, INC.
By:
/s/ David W. Sharp
David W. Sharp
Executive Vice President
HORIZON VESSELS, INC.
By:
/s/ David W. Sharp
David W. Sharp
Executive Vice President
AGENT:
SOUTHWEST BANK OF TEXAS, N.A., as Agent
By:
/s/ Brian Duncan
Brian Duncan
Vice President
[Signatures continued on next page]
LENDERS:
SOUTHWEST BANK OF TEXAS, N.A.
By:
/s/ Brian Duncan
Brian Duncan
Vice President
DRESDNER BANK LATEINAMERIKA AG
By:
/s/ Don Knowlton
Don Knowlton
BANK OF SCOTLAND
By:
/s/ Amena Nabi
Amena Nabi
Assistant Vice President
HIBERNIA NATIONAL BANK
By:
/s/ Tammy Boyd
Tammy Boyd
Senior Vice President
Acknowledged and Agreed to this 11th day of February, 2005.
GUARANTORS:
HORIZON OFFSHORE, INC.
PROGRESSIVE PIPELINE CONTRACTORS, INC.
AFFILIATED MARINE CONTRACTORS, INC.
TEXAS OFFSHORE CONTRACTORS CORP.
FLEET PIPELINE SERVICES, INC.
GULF OFFSHORE CONSTRUCTION, INC.
BAYOU MARINE CONTRACTORS, INC.
HORIZON OFFSHORE, S. DE R.L. DE C.V.
HORIZON OFFSHORE CONTRACTORS, LTD.
HORIZON GROUP L.D.C.
HORIZON OFFSHORE NIGERIA LTD.
TIBURON INGENERIA Y CONSTRUCCION, S. DE R.L. DE C.V.
HORIZON VESSELS INTERNATIONAL LTD.
PT HORIZON INDONESIA
HORIZON OFFSHORE INTERNATIONAL LTD.
HORIZON MARINE CONSTRUCTION LTD.
HORIZON OFFSHORE PTE. LTD.
HORIZON OFFSHORE CONTRACTORS (MAURITIUS) LTD.
HORIZON MARINE CONSTRUCTION (MAURITIUS) LTD.
HORIZON C-BAY COSTA AFUERA, S. DE R.L. DE C.V.
HOC OFFSHORE, S. DE R.L. DE C.V.
PT ARMANDI PRANAUPAYA
HORIZON MARINE CONTRACTORS (MALAYSIA) SDN BHD
HORIZON OFFSHORE SERVICES, LTD.
MARINE LEASING (LABUAN) PTE LTD.
By:
/s/ David W. Sharp
David W. Sharp
Executive Vice President
ECH OFFSHORE, S. DE R.L. DE C.V.
By:
/s/ David W. Sharp
David W. Sharp
Secretary
By:
/s/ Robert M. Cheves
Robert M. Cheves
Attorney-In-Fact