Document:

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                                                                   EXHIBIT 10.26

                   AMENDMENT NO. 1 TO THE SEVERANCE AGREEMENT
           BETWEEN SEABULK INTERNATIONAL, INC. AND LARRY D. FRANCOIS,
                         DATED AS OF SEPTEMBER 15, 2004

         This Amendment to the Severance Agreement by and between Seabulk
International, Inc., a Delaware corporation (the "Company") and Larry D.
Francois ("Employee"), dated as of April 10, 2003 ("the Agreement"), is entered
into as of the 15 day of September, 2004.

         WHEREAS, the Compensation Committee and Board of Directors of the
Company authorized this amendment at its meetings on July 29, 2004;

         NOW THEREFORE, in consideration of the mutual covenants and the mutual
benefits provided in the Agreement, the receipt and sufficiency of which are
hereby acknowledged, the Company and the Employee hereby amend the Agreement as
set forth hereinbelow.

       1.     Section 3(b) of the Agreement is hereby amended and restated by
              deleting the text appearing therein in its entirety and inserting
              the following text in lieu thereof:

              3(b)Cause Executive and those of his dependents (including his
              spouse) who were covered under the Company's medical and dental
              benefit plans on the day prior to Executive's Involuntary
              Termination to continue to be covered under such plans (or to
              receive equivalent benefits) throughout the Severance Period,
              without any cost to Executive; provided, however, that (i) such
              coverage under this subsection (b) shall terminate if and to the
              extent Executive becomes eligible to receive medical and dental
              coverage from a subsequent employer (and any such eligibility
              shall be promptly reported to the Company by Executive), (ii) if
              Executive (and/or his spouse) would have been entitled to retiree
              medical and/or dental coverage under the Company's plans had he
              voluntarily retired on the date of such Involuntary Termination,
              then such retiree coverages shall be continued as provided under
              such plans, and (iii) such coverage to Executive (or the receipt
              of equivalent benefits) shall be provided under one or more
              insurance policies so that reimbursement or payment of benefits to
              Executive thereunder shall not result in taxable income to
              Executive (or, if any such reimbursement or payment of benefits is
              taxable, then the Company shall pay to Executive an amount as
              shall be required to hold Executive harmless from any additional
              tax liability resulting from the failure by the Company to so
              provide insurance policies so that reimbursement or payment of
              benefits to Executive thereunder shall not result in taxable
              income to Executive). Such coverage under the Company's medical
              and dental benefit plans ("Health Coverage") shall be in addition
              to the eighteen months of COBRA coverage. "Health Coverage" means
              that if Executive elects to continue coverage for himself or his

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              eligible dependents under Company's group health plans pursuant to
              the Consolidated Omnibus Budget Reconciliation Act of 1985, as
              amended ("COBRA"), during the Severance Period, then throughout
              the Severance Period Company shall promptly reimburse Executive on
              a monthly basis for the difference between the amount Executive
              pays to effect and continue such coverage and the employee
              contribution amount that active senior executive employees pay for
              the same or similar coverage under Company's group health plans.
              Further, if after the Severance Period Executive continues his
              COBRA coverage and Executive's COBRA coverage terminates at any
              time during the eighteen-month period commencing on the day
              immediately following the last day of the Severance Period (the
              "Extended Coverage Period"), then Company shall provide Executive
              (and his eligible dependents) with health benefits substantially
              similar to those provided under its group health plans for active
              employees for the remainder of the Extended Coverage Period at a
              cost to Executive that is no greater than the cost of COBRA
              coverage; provided, however, that such health benefits shall be
              provided to Executive under one or more insurance policies so that
              reimbursement or payment of benefits to Executive thereunder shall
              not result in taxable income to Executive (or, if any such
              reimbursement or payment of benefits is taxable, then Company
              shall pay to Executive an amount as shall be required to hold
              Executive harmless from any additional tax liability resulting
              from the failure by Company to so provide insurance policies so
              that reimbursement or payment of benefits to Executive thereunder
              shall not result in taxable income to Executive). Notwithstanding
              the preceding provisions of this paragraph, Company's obligation
              to reimburse Executive during the Severance Period and to provide
              health benefits to Executive during the Extended Coverage Period
              shall immediately end if and to the extent Executive becomes
              eligible to receive health plan coverage from a subsequent
              employer (with Executive being obligated hereunder to promptly
              report such eligibility to Company).

       2.     Section 4(b) of the Agreement is hereby amended and restated by
              deleting the text appearing therein in its entirety and inserting
              the following text in lieu thereof:

              4(b) Cause Executive and those of his dependents (including his
              spouse) who were covered under the Company's medical and dental
              benefit plans on the day prior to Executive's Involuntary
              Termination to continue to be covered under such plans (or to
              receive equivalent benefits) throughout the Severance Period,
              without any cost to Executive; provided, however, that (i) such
              coverage shall under this subsection (b) terminate if and to the
              extent Executive becomes eligible to receive medical and dental
              coverage from a subsequent employer (and any such eligibility
              shall be promptly reported to the Company by Executive), (ii) if
              Executive (and/or his spouse) would have been entitled to retiree
              medical and/or dental coverage under the Company's plans had he

                                       2
<PAGE>

              voluntarily retired on the date of such Involuntary Termination,
              then such retiree coverages shall be continued as provided under
              such plans, and (iii) such coverage to Executive (or the receipt
              of equivalent benefits) shall be provided under one or more
              insurance policies so that reimbursement or payment of benefits to
              Executive thereunder shall not result in taxable income to
              Executive (or, if any such reimbursement or payment of benefits is
              taxable, then the Company shall pay to Executive an amount as
              shall be required to hold Executive harmless from any additional
              tax liability resulting from the failure by the Company to so
              provide insurance policies so that reimbursement or payment of
              benefits to Executive thereunder shall not result in taxable
              income to Executive). Such coverage under the Company's medical
              and dental benefit plans ("Health Coverage") shall be in addition
              to the eighteen months of COBRA coverage. "Health Coverage" means
              that if Executive elects to continue coverage for himself or his
              eligible dependents under Company's group health plans pursuant to
              the Consolidated Omnibus Budget Reconciliation Act of 1985, as
              amended ("COBRA"), during the Severance Period, then throughout
              the Severance Period Company shall promptly reimburse Executive on
              a monthly basis for the difference between the amount Executive
              pays to effect and continue such coverage and the employee
              contribution amount that active senior executive employees pay for
              the same or similar coverage under Company's group health plans.
              Further, if after the Severance Period Executive continues his
              COBRA coverage and Executive's COBRA coverage terminates at any
              time during the eighteen-month period commencing on the day
              immediately following the last day of the Severance Period (the
              "Extended Coverage Period"), then Company shall provide Executive
              (and his eligible dependents) with health benefits substantially
              similar to those provided under its group health plans for active
              employees for the remainder of the Extended Coverage Period at a
              cost to Executive that is no greater than the cost of COBRA
              coverage; provided, however, that such health benefits shall be
              provided to Executive under one or more insurance policies so that
              reimbursement or payment of benefits to Executive thereunder shall
              not result in taxable income to Executive (or, if any such
              reimbursement or payment of benefits is taxable, then Company
              shall pay to Executive an amount as shall be required to hold
              Executive harmless from any additional tax liability resulting
              from the failure by Company to so provide insurance policies so
              that reimbursement or payment of benefits to Executive thereunder
              shall not result in taxable income to Executive). Notwithstanding
              the preceding provisions of this paragraph, Company's obligation
              to reimburse Executive during the Severance Period and to provide
              health benefits to Executive during the Extended Coverage Period
              shall immediately end if and to the extent Executive becomes
              eligible to receive health plan coverage from a subsequent
              employer (with Executive being obligated hereunder to promptly
              report such eligibility to Company).

       3.     Section 4(d) of the Agreement is hereby amended by substituting
              "thirty-six" in lieu of "twelve" on line 2 of the subsection.

       4.     As so amended, the Agreement remains in full force and effect.

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<PAGE>

         IN WITNESS WHEREOF, each of the parties hereto has caused this
Amendment No. 1 to be duly executed and delivered as of the day and year first
above written.

                                    SEABULK INTERNATIONAL, INC.

/s/ Larry D. Francois               /s/ Alan R. Twaits
------------------------            ------------------------------
Employee                            By:  Alan R. Twaits
                                         Senior Vice President

                                       4<PAGE>
                                                                   EXHIBIT 10.27

                   AMENDMENT NO. 1 TO THE SEVERANCE AGREEMENT
             BETWEEN SEABULK INTERNATIONAL, INC. AND ALAN R. TWAITS,
                         DATED AS OF SEPTEMBER 15, 2004

         This Amendment to the Severance Agreement by and between Seabulk
International, Inc., a Delaware corporation (the "Company") and Alan R. Twaits
("Employee"), dated as of April 10, 2003 ("the Agreement"), is entered into as
of the 15 day of September, 2004.

         WHEREAS, the Compensation Committee and Board of Directors of the
Company authorized this amendment at its meetings on July 29, 2004;

         NOW THEREFORE, in consideration of the mutual covenants and the mutual
benefits provided in the Agreement, the receipt and sufficiency of which are
hereby acknowledged, the Company and the Employee hereby amend the Agreement as
set forth hereinbelow.

       1.     Section 3(b) of the Agreement is hereby amended and restated by
              deleting the text appearing therein in its entirety and inserting
              the following text in lieu thereof:

              3(b)Cause Executive and those of his dependents (including his
              spouse) who were covered under the Company's medical and dental
              benefit plans on the day prior to Executive's Involuntary
              Termination to continue to be covered under such plans (or to
              receive equivalent benefits) throughout the Severance Period,
              without any cost to Executive; provided, however, that (i) such
              coverage under this subsection (b) shall terminate if and to the
              extent Executive becomes eligible to receive medical and dental
              coverage from a subsequent employer (and any such eligibility
              shall be promptly reported to the Company by Executive), (ii) if
              Executive (and/or his spouse) would have been entitled to retiree
              medical and/or dental coverage under the Company's plans had he
              voluntarily retired on the date of such Involuntary Termination,
              then such retiree coverages shall be continued as provided under
              such plans, and (iii) such coverage to Executive (or the receipt
              of equivalent benefits) shall be provided under one or more
              insurance policies so that reimbursement or payment of benefits to
              Executive thereunder shall not result in taxable income to
              Executive (or, if any such reimbursement or payment of benefits is
              taxable, then the Company shall pay to Executive an amount as
              shall be required to hold Executive harmless from any additional
              tax liability resulting from the failure by the Company to so
              provide insurance policies so that reimbursement or payment of
              benefits to Executive thereunder shall not result in taxable
              income to Executive). Such coverage under the Company's medical
              and dental benefit plans ("Health Coverage") shall be in addition
              to the eighteen months of COBRA coverage. "Health Coverage" means
              that if Executive elects to continue coverage for himself or his
              eligible dependents under Company's group health plans pursuant to

<PAGE>

              the Consolidated Omnibus Budget Reconciliation Act of 1985, as
              amended ("COBRA"), during the Severance Period, then throughout
              the Severance Period Company shall promptly reimburse Executive on
              a monthly basis for the difference between the amount Executive
              pays to effect and continue such coverage and the employee
              contribution amount that active senior executive employees pay for
              the same or similar coverage under Company's group health plans.
              Further, if after the Severance Period Executive continues his
              COBRA coverage and Executive's COBRA coverage terminates at any
              time during the eighteen-month period commencing on the day
              immediately following the last day of the Severance Period (the
              "Extended Coverage Period"), then Company shall provide Executive
              (and his eligible dependents) with health benefits substantially
              similar to those provided under its group health plans for active
              employees for the remainder of the Extended Coverage Period at a
              cost to Executive that is no greater than the cost of COBRA
              coverage; provided, however, that such health benefits shall be
              provided to Executive under one or more insurance policies so that
              reimbursement or payment of benefits to Executive thereunder shall
              not result in taxable income to Executive (or, if any such
              reimbursement or payment of benefits is taxable, then Company
              shall pay to Executive an amount as shall be required to hold
              Executive harmless from any additional tax liability resulting
              from the failure by Company to so provide insurance policies so
              that reimbursement or payment of benefits to Executive thereunder
              shall not result in taxable income to Executive). Notwithstanding
              the preceding provisions of this paragraph, Company's obligation
              to reimburse Executive during the Severance Period and to provide
              health benefits to Executive during the Extended Coverage Period
              shall immediately end if and to the extent Executive becomes
              eligible to receive health plan coverage from a subsequent
              employer (with Executive being obligated hereunder to promptly
              report such eligibility to Company).

       2.     Section 4(b) of the Agreement is hereby amended and restated by
              deleting the text appearing therein in its entirety and inserting
              the following text in lieu thereof:

              4(b) Cause Executive and those of his dependents (including his
              spouse) who were covered under the Company's medical and dental
              benefit plans on the day prior to Executive's Involuntary
              Termination to continue to be covered under such plans (or to
              receive equivalent benefits) throughout the Severance Period,
              without any cost to Executive; provided, however, that (i) such
              coverage shall under this subsection (b) terminate if and to the
              extent Executive becomes eligible to receive medical and dental
              coverage from a subsequent employer (and any such eligibility
              shall be promptly reported to the Company by Executive), (ii) if

                                       2
<PAGE>

              Executive (and/or his spouse) would have been entitled to retiree
              medical and/or dental coverage under the Company's plans had he
              voluntarily retired on the date of such Involuntary Termination,
              then such retiree coverages shall be continued as provided under
              such plans, and (iii) such coverage to Executive (or the receipt
              of equivalent benefits) shall be provided under one or more
              insurance policies so that reimbursement or payment of benefits to
              Executive thereunder shall not result in taxable income to
              Executive (or, if any such reimbursement or payment of benefits is
              taxable, then the Company shall pay to Executive an amount as
              shall be required to hold Executive harmless from any additional
              tax liability resulting from the failure by the Company to so
              provide insurance policies so that reimbursement or payment of
              benefits to Executive thereunder shall not result in taxable
              income to Executive). Such coverage under the Company's medical
              and dental benefit plans ("Health Coverage") shall be in addition
              to the eighteen months of COBRA coverage. "Health Coverage" means
              that if Executive elects to continue coverage for himself or his
              eligible dependents under Company's group health plans pursuant to
              the Consolidated Omnibus Budget Reconciliation Act of 1985, as
              amended ("COBRA"), during the Severance Period, then throughout
              the Severance Period Company shall promptly reimburse Executive on
              a monthly basis for the difference between the amount Executive
              pays to effect and continue such coverage and the employee
              contribution amount that active senior executive employees pay for
              the same or similar coverage under Company's group health plans.
              Further, if after the Severance Period Executive continues his
              COBRA coverage and Executive's COBRA coverage terminates at any
              time during the eighteen-month period commencing on the day
              immediately following the last day of the Severance Period (the
              "Extended Coverage Period"), then Company shall provide Executive
              (and his eligible dependents) with health benefits substantially
              similar to those provided under its group health plans for active
              employees for the remainder of the Extended Coverage Period at a
              cost to Executive that is no greater than the cost of COBRA
              coverage; provided, however, that such health benefits shall be
              provided to Executive under one or more insurance policies so that
              reimbursement or payment of benefits to Executive thereunder shall
              not result in taxable income to Executive (or, if any such
              reimbursement or payment of benefits is taxable, then Company
              shall pay to Executive an amount as shall be required to hold
              Executive harmless from any additional tax liability resulting
              from the failure by Company to so provide insurance policies so
              that reimbursement or payment of benefits to Executive thereunder
              shall not result in taxable income to Executive). Notwithstanding
              the preceding provisions of this paragraph, Company's obligation
              to reimburse Executive during the Severance Period and to provide
              health benefits to Executive during the Extended Coverage Period
              shall immediately end if and to the extent Executive becomes
              eligible to receive health plan coverage from a subsequent
              employer (with Executive being obligated hereunder to promptly
              report such eligibility to Company).

       3.     Section 4(d) of the Agreement is hereby amended by substituting
              "thirty-six" in lieu of "twelve" on line 2 of the subsection.

       4.     As so amended, the Agreement remains in full force and effect.

                                       3
<PAGE>

         IN WITNESS WHEREOF, each of the parties hereto has caused this
Amendment No. 1 to be duly executed and delivered as of the day and year first
above written.

                                            SEABULK INTERNATIONAL, INC.

/s/ ALAN R. TWAITS                          /s/ GERHARD E. KURZ
---------------------------                 -----------------------------------
Employee                                    By: Gerhard E. Kurz, President and
                                                Chief Executive Officer

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