Document:

Guaranty Agreement

 Exhibit 10.6 

Case No. FF-G-017B 

GUARANTY AGREEMENT 

RECITALS: THIS GUARANTY AGREEMENT, is made and entered into by Omega Protein Corporation, 2105 CityWest Blvd., Suite 500, Houston, Texas 77042,
(hereinafter, the “Guarantor”), and the UNITED STATES OF AMERICA, acting by and through the Secretary of Commerce, National Oceanic and Atmospheric Administration, National Marine Fisheries Service, Financial Services Division
(hereinafter, the “Government”). 
 DEFINITIONS: All terms contained herein are defined in the Acknowledgment of Definitions executed
by all parties to this transaction. 
 WHEREAS, the Government has made, entered into, and delivered that certain Approval in Principle Letter
dated December 1, 2005, which Approval Letter has been accepted by Omega Protein, Inc., (hereinafter, the “Borrower”) and the Guarantor, and which Approval Letter contemplates the Government providing financing to the Borrower
in the amount of $16,442,000.00, in separate tranches. The first tranche was evidenced by the issuance of a Promissory Note to the United States of America, dated March 7, 2007, by the Borrower, in the principal amount of
$6,349,000.00. 
 WHEREAS, the Government has made, entered into, and delivered that certain Approval in Principle Letter dated
November 5, 2009, which Approval Letter has been accepted by the Borrower and Guarantor, and which Approval Letter contemplates the Government providing financing to the Borrower for the second tranche in the amount of $10,000,000.00
(hereinafter, the “Loan”). The second tranche will be evidenced the issuance of a Promissory Note to the United States of America, by the Borrower, in the principal amount of $10,000,000.00, (hereinafter, the “Note”), and
the Borrower has agreed to execute and deliver a certain Preferred Ship Mortgage, a Deed of Trust, Security Agreement, UCC Financing Statements, (collectively, the “Loan Documents”) to the Government for the purpose of securing the payment
of the principal of and interest on the Note and all other sums due the Government of whatsoever nature, in connection with the Loan and in accordance with its terms and the terms contained in the Loan Documents. 

WHEREAS, the Guarantor understands that the Government is unwilling to enter into the aforementioned transaction, unless this Guaranty Agreement is
executed by the Guarantor, therefore, in order to induce the Government to enter into the aforementioned transaction with the Borrower, the Guarantor has agreed to execute and deliver to the Government an absolute and unconditional guaranty,
(hereinafter, the 
  

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“Guaranty”) of the above-referenced Note, thereby guaranteeing that all sums stated in the Note and all other sums of any nature owed to the Government by the Borrower, shall be
promptly paid in full when due. 
 WHEREAS, Omega Protein Corporation further represents to the Government that it is a corporation in good
standing in the State of Nevada and that it will not allow or permit said status to change, except with the express, written consent of the Government. 

NOW THEREFORE, in consideration of the premises and other good and valuable consideration, the receipt whereof is hereby acknowledged, the parties agree
as follows: 
 1. The Guarantor unconditionally guarantees that all sums stated in, arising under the Note, including any and all amendments
thereto, to be payable to the Government, shall be promptly paid in full when due, in accordance with the provisions governing such payment. This Guaranty Agreement is unconditional and absolute and if for any reason such sums, or any part thereof,
shall not be paid promptly when due, the Guarantor will immediately pay the same to the Government pursuant to the provisions governing such payment, regardless of any defenses or rights of set-off or counterclaims which the Borrower, Guarantor or
any other party may have or assert, and regardless of whether the Government shall have taken any steps to enforce any rights against the Borrower, the Guarantor or any other person to collect such sums, or any part thereof, and regardless of any
other condition or contingency. The Guarantor also expressly agrees to pay the Government all the costs and expenses of collecting such sums, or any part thereof, or of enforcing this Guaranty Agreement, expressly including, but not limited to,
attorney’s fees. It is expressly understood by the Guarantor that collection expenses may accrue rapidly and result in significant expenses for which the Guarantor agrees to be liable. It is further agreed to and understood by the Guarantor
that “costs and expenses” of collection are deemed to include any and all costs, including but not limited to, accelerated interest charges, attorney fees, and all other costs and expenses, which the Government may incur to collect sums
due under the Note or hereunder or to protect and preserve collateral pledged in relation to the obligation, regardless of whether said collateral was pledged by the Guarantor. The Guarantor agrees to be liable for and pay for said costs and
expenses (including all interest charges thereon) which will continue to accrue until such time as the Guarantor fully satisfies and discharges the obligation arising under this Guaranty Agreement. 

2. The Guarantor unconditionally guarantees that the Borrower will promptly and punctually pay all other sums payable under the Note and the Loan
Documents, including any amendments or substitutions therefor, 
  

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and will duly perform and observe each and every agreement, covenant, term and condition in such Note and Loan Documents, or amendments thereto, to be performed or observed by the Borrower, and
upon the Borrower’s failure to do so, the Guarantor will promptly pay such sums and duly perform and observe each such agreement, covenant, term and condition, or cause the same promptly to be performed and observed. 

3. The obligations, covenants, agreements and duties of the Guarantor under this Guaranty shall in no way be affected or impaired by reason of the
happening from time to time of any of the following with respect to the Note or the Loan Documents, including amendments or substitutions therefor, or any other document executed in connection therewith, although without notice to or the further
consent of the Guarantor: 
 a. the waiver by the Government, or its successors or assigns, of the performance or observance by
the Borrower, the Guarantor or any other party of any of the agreements, covenants, terms or conditions contained in the Note and the Loan Documents, or any other document executed in connection therewith; 

b. the extension, in whole or in part, of the time for payment by the Borrower, the Guarantor or any other party to the obligation of any
sums owing or payable under the Note, the Loan Documents or this Guaranty Agreement or of the time for performance by the Borrower, the Guarantor or any other party to the obligation of any other obligations under or arising out of or on account of
the Note, the Loan Documents any other document executed in connection therewith; 
 c. the modification or amendment (whether
material or otherwise) of any of the obligations of the Borrower, the Guarantor or any other party to the obligation as set forth in the Note, the Loan Documents or any other documents executed in connection therewith; 

d. the doing or the omission of any of the acts referred to in the Note, the Loan Documents or any other document executed in connection
therewith; 
 e. any failure, omission, or delay of the Government to enforce, assert, or exercise any right, power or remedy
conferred on the Government in the Note, the Loan Documents or any other document or agreement executed in connection therewith, or any action on the part of the Borrower or the Government granting indulgence or extension in any form whatsoever; and

 f. the voluntary or involuntary liquidation, dissolution, sale of all or substantially all of the assets, marshalling of
assets and 
  

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liabilities, receivership, insolvency, bankruptcy, assignment for the benefit of creditors, reorganization, arrangement, composition, or readjustment of, or other similar proceeding affecting the
Borrower or any of its assets or any other party to the obligation; and 
 g. the release of the Borrower, the Guarantor or any
other party from the performance or observance of any of the agreements, covenants, terms or conditions contained in the Note, the Loan Documents or any other document executed in connection therewith, by the operation of law; and 

h. any Order of Judgment entered by a Bankruptcy Court which diminishes, discharges or declares any of the obligations or amounts owed
under the Note and Loan Documents to be paid or satisfied. The undersigned hereby waive any defense based upon any Bankruptcy Court order or judgment with respect to any action based upon this Guaranty Agreement, which is brought against the
undersigned in Federal District Court, or any other court of competent jurisdiction; and 
 i. the assumption and/or refinancing
of the underlying indebtedness by a third party. 
 4. Notice of acceptance of this Guaranty Agreement and notice of any obligations or
liabilities contracted or incurred by the Borrower or any other party to the obligation are hereby waived by the Guarantor. 
 5. This Guaranty
Agreement may not be assumed, transferred, modified or amended except by a written agreement executed by the Guarantor with the consent in writing of the Government. 

6. This Guaranty Agreement may be assigned to any holder of the Note. 

7. All agreements, covenants, terms and conditions in this Guaranty Agreement shall inure to the benefit of the Government and its successors and
assigns, and, without limitation of the generality of the foregoing, shall in particular inure to the benefit of any holder of the Note. 
 8.
The signature of the Guarantor hereto is, in addition to and not in limitation of the foregoing, intended as and to have the effect of an endorsement of the Note by the Guarantor, who hereby waives presentment, demand of payment, protest and notice
of nonpayment of dishonor, and of protest of the Note and any and all other notices and demands whatsoever. 
 9. The terms of this Guaranty
Agreement shall apply to the Note and all other loan documents and shall bind the Guarantor to the same 
  

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extent as though the Guarantor executed and delivered a separate instrument of guaranty with respect to each of such instruments and annexed the same thereto. 

10. This Guaranty Agreement shall be binding upon the Guarantor and the Guarantor’s heirs, executors, administrators, successors, assigns and all
other legal representatives. 
 11. Community Property Rights: Each and every term and provision of this Agreement shall, to the extent
necessary or required to subject community property rights, if any, in the collateral, to the terms hereof and herein contained be read and interpreted to apply to the Guarantor. 

12. The Guarantor acknowledges and represents to the Government that it is a principal party of interest with respect to the past, present and future
operation of the Borrower’s business and that the past, present and future financial success of the Borrower’s business has, does and will directly, materially and substantially benefit the Guarantor. Accordingly, the Guarantor
acknowledges and consents to any and all regulations and/or Financial Services Division requirements which require, permit or authorize the Government to request that the Guarantor execute and deliver a guaranty of sums due under the Note.

 13. All provisions of this Guaranty Agreement shall be construed, given effect, and enforced according to the laws of the United States. With
respect to any claim or proceeding relating to this Guaranty Agreement, the Guarantor hereby consents to and subjects itself to the jurisdiction of the federal court of competent jurisdiction of the State of Louisiana, and agrees that the venue of
any action or proceeding relating to this Guaranty Agreement shall lie exclusively in the federal court situated in the State of Louisiana, unless the Government has instituted proceedings where the collateral may be found and in such case, the
Guarantor consents to and subjects itself to the jurisdiction of the federal court which maintains jurisdiction over the collateral. 
 14.
Prior written consent must be granted by the Government, consent of which will not be unnecessarily withheld, before the Guarantor shall split-up, spin-off, merge, consolidate, transfer or allow transfer of its shares and/or assets as to effect a
change in its controlling interest, management, and financial conditions. 
 15. If the Guarantor is a corporation, the Guaranty Agreement shall
be binding upon its parent corporation and its subsidiaries. 
  

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 16. Severability: The unenforceability or invalidity of any provision(s) of this Guaranty Agreement shall
not render any other provision(s) herein unenforceable or invalid. 
 IN WITNESS WHEREOF, the undersigned has executed and delivered this
Guaranty Agreement. 
  

			
	 UNITED STATES OF AMERICA

Acting by and through the Secretary of Commerce National Oceanic and Atmospheric Administration National Marine Fisheries Service Financial Services
Division

		
	By:	 	  

	Title:	 	Chief, Financial Services Branch, Southeast Region
	Date:	 	

  

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		 		 		 		 	GUARANTOR:
					
		 		 		 		 	Omega Protein Corporation
				
	Attest:	 		 	By:	 	 /s/ Robert Stockton

					
	By:	 	 /s/ John Held
	 		 		 	
	Date:	 	 May 25, 2010
	 		 	Title:	 	Executive Vice President and Chief Financial Officer
		 		 		 	Date:	 	 May 25, 2010

 

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 ACKNOWLEDGMENT 

 

							
	 STATE OF FLORIDA
	  	)	  		  	
		  	)	  	ss	  	
	COUNTY OF PINELLAS	  	)	  		  	

 On this the      day of
            , 2010, before me personally came Shawn Barry, Chief, Financial Services Branch, National Marine Fisheries Service, Southeast Region, to me known and known to me to be the duly
authorized representative of the Secretary of Commerce of the United States of America, acknowledged that he executed the foregoing instrument as such representative of the Secretary of Commerce pursuant to the authority vested in him by the laws of
the United States. 
  

	
	  

	 Notary Public

  

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 ACKNOWLEDGMENT 

 

							
	 STATE OF TEXAS
	  	)	  		  	
		  	)	  	ss	  	
	 COUNTY OF HARRIS
	  	)	  		  	

 On the
25th day of May, 2010, before me personally appeared
Robert W. Stockton, to me known or produced satisfactory identification, who being duly sworn, did depose and say that he is the Executive Vice President and Chief Financial Officer of Omega Protein Corporation, and that he
signed his name to said Guaranty Agreement by like order, and that the same is the free and voluntary act and deed of said corporation and of himself as such Executive Vice President and Chief Financial Officer for the uses and purposes
therein expressed. 
  

	
	 /s/ Michelle Morton Reese

	Notary Public
	
	

  

 9Certification and Indemnification Agreement

 Exhibit 10.7 

Case No. FF-G-017B 

CERTIFICATION AND INDEMNIFICATION AGREEMENT 

REGARDING ENVIRONMENTAL MATTERS 

THIS INDEMNITY AGREEMENT is entered into this 25th day of May, 2010, between Omega Protein, Inc., 2105 City West Blvd., Suite 500,
Houston, Texas 77042, (hereinafter, the “Borrower”), Omega Protein Corporation, 2105 CityWest Blvd., Suite 500, Houston, Texas 77042, (hereinafter, the “Guarantor”) and the United States of America, acting by and through the
Secretary of Commerce, National Oceanic and Atmospheric Administration, National Marine Fisheries Service, Office of Financial Services, Southeast Region, 263
13th Avenue South, St. Petersburg, Florida 33701,
(hereinafter, the “Government”); and 
 RECITALS: 
  

	1.	The Borrower is the owner of certain real property, (hereinafter, the “Premises”), located in the Commonwealth of Virginia, which is more particularly
described in Exhibit A, attached hereto and incorporated herein by this reference, and defined below. 

  

	2.	Pursuant to that certain Approval Letter dated November 5, 2009, the Government agreed to lend $10,000,000.00 to the Borrower, (hereinafter, the “Loan”).
The Government will lend to the Borrower $10,000,000.00, in consideration for which the Borrower has executed and delivered to the Government a certain Promissory Note payable to the government (hereinafter, the “Note”), which Note is
secured by, among other things, certain mortgages/deeds, respecting the Property (hereinafter, the “Mortgage”). This mortgage is more particularly described in Exhibit B, attached hereto and incorporated herein by this reference.

  

	3.	As a condition to providing the Loan, the Government requires the Borrower and Guarantor to provide certain indemnities concerning Hazardous Materials or Contamination
(both as hereinafter defined) affecting the Premises. 

 DEFINITIONS: 

All terms contained herein are defined in the Acknowledgement of Definitions executed by all parties to this transaction. 

 

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 IN CONSIDERATION OF the issuance of certain Loans pursuant to the provisions of Title XI of the Merchant
Marine Act, 1936, as amended, found at 46 USC §1271 et seq., and 50 CFR 253, as amended by Public Law 104-297 on October 11, 1996, known as the Fisheries Finance Program (FFP), Borrower hereby represents, warrants, covenants, acknowledges
and agrees in favor of the Government, on a continuing basis, as follows: 
 BORROWER’S REPRESENTATIONS AND WARRANTIES: 

The Borrower hereby represents and warrants, to the best of its knowledge, in favor of the Government, as follows: 

1. The Premises, and its existing and prior uses, comply, and have at all times complied with, and neither the Borrower or any other
individual or entity is in violation of, nor has violated, in connection with the ownership, use, maintenance or operation of the Premises or the conduct of the business related thereto (including manufacturing, importing, processing, using,
distribution, discharging, storing, treating and disposing of any substance) any applicable federal, state, county or local statute, law, regulation, rule, ordinance, code, license and permit of any and all governmental authorities relating to
environmental matters, including, but not limited to, the Clean Air Act, the Federal Water Pollution Control Act of 1972, the Comprehensive Environmental Response, Compensation and Liability Act of 1980, the Solid Waste Disposal Act, the Resource
Conservation and Recovery Act and the Toxic Substances Control Act, and any amendments or extensions of the foregoing statutes, and all other applicable environmental requirements. 

2. The Borrower and/or any other individual or entity have operated the Premises and have at all times received, handled, used, stored,
treated, shipped and disposed of all hazardous materials, substances, petroleum products and waste in strict compliance with all applicable environmental, health or safety statutes, ordinances, orders, rules, regulations or requirements, and have
removed in compliance with all applicable environmental requirements from and off the Premises all hazardous materials, substances, petroleum products and waste. 

3. There are no statutes, orders, rules, regulations or agreements relating to environmental matters requiring any work, repairs,
feasibility studies, remedial investigations, clean up costs, construction or capital expenditures, or any other response costs with respect to the Premises, nor have the Borrower or any other individual or entity received any notice of any of the
same. 
 4. No hazardous or toxic materials, substances, pollutants, contaminants or wastes have been released, spilled, leaked,
poured, dumped, deposited, discharged or disposed of into the air, land or water at, on or from the Premises, nor have the Premises been used at any time by any person or entity as a landfill or a waste disposal site. 

5. No notices of any violation of any of the matters referred to in the preceding sections, above, relating to the Premises or its use
have been received by the Borrower and the Guarantor and/or any other individual or entity, and there are no writs, injunctions, decrees, rulings, orders or judgments outstanding, no law suits, claims, proceedings, investigations, remedial
investigations, feasibility studies, clean up costs or other response costs pending or threatened, relating to the ownership, use, maintenance or operations of the Premises, nor is there any basis for such law suits, claims, proceedings or
investigations being instituted or filed. 
 6. The Borrower and/or any other individual or entity will operate the Premises and
shall at all times receive, handle, use, store, treat, ship and dispose of all hazardous 
  

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materials, substances, petroleum products and waste in strict compliance with all applicable environmental, health or safety statutes, ordinances, orders, rules, regulations or requirements, and
will remove in compliance with all applicable environmental requirements from and off the Premises all hazardous materials, substances, petroleum products and waste. 

7. The Borrower further covenants that it will promptly notify the Government of any fact or event which affects, alters or limits the
representations and warranties made in the preceding sections, above, and that it will provide the Government upon demand with information or access to information relating to the Borrower’s compliance with this Agreement. The Borrower further
warrants that it has fully disclosed all actions, law suits, notices, citations or any other incident or condition that has ever existed on the Premises. 

The foregoing representations and warranties shall survive the execution of this Agreement and any closing occurring under any of the Loan Documents
(defined hereafter) and shall be of continuing effect except any contamination that occurs after the Government has acquired possession or title to the Premises. 

INDEMNITY: 
 To the maximum extent permitted by
law, the Borrower and the Guarantor hereby agree to defend and indemnify the Government against and hold it harmless from any and all losses, claims, liabilities, judgments, damages (including exemplary, actual, compensatory and punitive),
penalties, expenditures, costs and legal or other expenses which the Government may suffer or incur as a direct or indirect consequence of any of the following: 
  

	1.	The execution or performance of this Agreement or other loan documents, instruments or agreements now or hereafter existing between the Borrower and the Guarantor and
the Government (together, the “Loan Documents”); 

  

	2.	The exercise, enforcement, release, defense or forbearance by the Government of any of its rights, remedies, liens, interest or discretion under this Agreement or any
of the other Loan Documents, against the Borrower and the Guarantor or any other person or entity, or in or to any property now or hereafter constituting collateral for or on account of any loans or obligations of the Borrower and the Guarantor;

  

	3.	The fact that any representation, warranty, acknowledgment or other statement of fact made by the Borrower and the Guarantor or any of the undersigned was untrue or
incomplete at any time; 

  

	4.	The existence, for whatever reasons, of any contamination, except any contamination that occurs after the Government has acquired possession or title to the Premises,
including, without limitation, the presence of any hazardous or toxic waste, substance or material existing on, above, or under any of the Premises; or the fact that the Borrower and the Guarantor or any other individual or entity is or was
responsible for the improper or unlawful production, handling, storage, transportation or disposition of any hazardous or toxic waste, substance or material; 

  

 3 

	5.	Any investigation, feasibility studies, monitoring, clean up, removal, restoration, remedial response or remedial work undertaken on or with respect to any of the
Premises at any time hereafter, voluntarily or involuntarily, by the Government, except as to any investigation, feasibility studies, monitoring, clean up, removal, restoration, remedial response or remedial work undertaken on or with respect to any
of the Premises which occurs in connection with contamination that occurs after the government has acquired possession or title to the Premises; 

  

	6.	The imposition or attachment of any statutory lien, except as to any liens arising after the Government has acquired possession or title to the Premises, including any
arising under any environmental or land use matters. 

 The Government’s equitable and implied rights of indemnity against
the Borrower and the Guarantor shall not be limited or impaired in any way by reason of the explicit indemnities set forth in this Agreement. The Government’s rights of indemnity shall not be directly or indirectly limited, prejudiced, impaired
or eliminated in any way: 
  

	 	i.	by any finding or allegation that the Government is directly or indirectly responsible under any theory of any kind for any act or omission of the Borrower and the
Guarantor or any other individual or entity; or 

  

	 	ii.	by any finding or allegation that the Government is or was an “owner” or “operator” of the Premises; or 

 

	 	iii.	by the kind, character or nature of any act or omission of the Government; except that the Borrower and the Guarantor shall not be obligated to pay any judgment which
any court of competent jurisdiction may render against the Government upon an express finding that the Government personally and directly committed an intentional tort against the Plaintiff. 

COVENANTS: 
 The Borrower shall, with respect to
the Premises: 
  

	1.	Comply with, and require all tenants and subtenants, if any, to comply with, all Environmental Laws and obtain, comply with, and maintain, and require that all such
tenants and subtenants obtain, comply with, and maintain, any and all licenses, approvals, registrations or permits required by Environmental Laws. 

  

	2.	Conduct and complete all investigations, studies, sampling and testing, all remedial, removal and other actions required under Environmental Laws and promptly comply
with all lawful orders and directives of all Governmental Authorities respecting Environmental Laws, except as to investigation, studies, sampling and testing, all remedial, removal and other actions required under Environmental Laws and lawful
orders and directives of Governmental Authorities in connection with contamination which occurs after the Government has acquired possession or title to the Premises. 

 

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	3.	Defend, indemnify and hold harmless the Government, from and against any claims, demands, penalties, fines, clean-up expenses, liabilities, settlements, damages, costs
and expenses of whatever kind or nature known or unknown, contingent or otherwise, arising out of, or in any way relating to the violation or noncompliance by the Borrower or any predecessor or successor of or with any Environmental Laws applicable
to the Premises, or any orders, requirements or demands of Governmental Authorities related thereto, including, without limitation, reasonable attorney’s and consultant’s fees, investigation and laboratory fees, removal, remedial, and
response costs, court costs and litigation expenses, except against any claims, demands, penalties, fines, clean-up expenses, liabilities, settlements, damages, costs and expenses of whatever kind or nature known or unknown, contingent or otherwise,
arising out of, or in any way relating to the violation or noncompliance by the Government with any Environmental Laws applicable to the Property, or any orders, requirements or demands of Governmental Authorities related thereto, including, without
limitation, reasonable attorney’s and consultant’s fees, investigation and laboratory fees, removal, remedial response costs, court costs and litigation expenses which arise in connection with contamination occurring after the Government
has acquired possession or title to the Premises. 

 UNCONDITIONAL OBLIGATIONS: 

The Borrower and the Guarantor hereby agree that their obligations, covenants and agreements under this Agreement shall be irrevocable, absolute and
unconditional, and shall not be affected or impaired, notwithstanding, among other things, any of the following, any defense on account of which is hereby expressly waived by the Borrower and the Guarantor: 

 

	1.	The waiver, compromise, settlement, termination or other release of the performance or observance by the Borrower and the Guarantor, of any or all of the agreements,
covenants, terms or conditions in favor of the Government contained herein or in any of the Loan Documents; 

  

	2.	The granting of one or more extensions of time renewals or other indulgence(s) to the Borrower, or by the Government heretofore, now or hereafter acquiring, releasing
or in any way modifying any guaranty from any other person or persons or any security in whatever form for any or all of the Borrower’s obligations to the Government, whether or not notice thereof shall have been or be given to the Borrower;

  

	3.	Any failure, omission, delay or lack on the part of the Government to enforce, assert or exercise any right, power, remedy or claim conferred on the Government herein
or in any of the Loan Documents or by applicable law, or the inability of the Government to enforce any provision of this Agreement or any of the Loan Documents for any reason, or any other act or omission on the part of the Government, including
without limitation any failure to obtain, perfect or realize upon any security, rights, endorsements or guaranties which the Government may now or hereafter hold or be offered with respect to any of the Borrower’s obligations to the Government;

  

 5 

	4.	Any change in ownership of any corporation which has executed this agreement, and/or any change in ownership of any property securing this agreement.

  

	5.	The voluntary or involuntary liquidation, dissolution, sale of all or substantially all of the assets, marshalling of assets and liabilities, receivership, insolvency,
bankruptcy, assignment for the benefit of creditors, reorganization or other similar proceeding affecting the Borrower, or any of its assets; 

  

	6.	Any fraudulent, illegal, improper or invalid acts heretofore or hereafter undertaken by the Borrower, or because of any failure of the Government to discover any such
acts or irregularities; 

  

	7.	The invalidity or unenforceability of any of the Borrower’s obligations to the Government; 

 

	8.	The modification or amendment (whether material or otherwise) of any term or condition of any of the Loan Documents heretofore or hereafter undertaken;

 The Borrower and the Guarantor acknowledge and agree that the Government shall have absolutely no responsibility to monitor the
Borrower’s compliance with applicable laws, including without limitation environmental laws and regulations, or to insure such compliance. 

ADDITIONAL PROVISIONS: 
  

	1.	RELATIONSHIP OF THE PARTIES: The Government is not (and shall not be construed as) a partner, joint venturer, alter ego, manager, controlling person or other business
associate or participant of any kind of the Borrower, nor an “owner” or “operator” for the Premises, nor a “facility” (as such terms are defined by applicable state and federal statutes) and the Government does not
intend to assume any such status; and the Government is not and shall not be deemed responsible for (or a participant in) any acts, omissions or decisions of the Borrower. 

 

	2.	NOTICES AND REQUESTS: Any and all notices, elections, demands, or requests permitted or required to be made under this Agreement shall be in writing, signed by the
party giving such notice, election, demand or request, and shall be delivered personally or sent by registered, certified, or Express United States mail, postage prepaid, or Federal Express or any similar service requiring a receipt, to the other
party at the following address: 

 Omega Protein, Inc. 

2105 CityWest Blvd 

Suite 500 

Houston, TX 77042 
  

 6 

 U.S. Department of Commerce 

National Oceanic and Atmospheric Administration 

National Marine Fisheries Service 

Financial Services Branch, Southeast Region 

263
13th Avenue South 

St. Petersburg, FL 33701 
  

	3.	GOVERNING LAW: Except to the extent that Federal Law controls, this Agreement shall be construed in all respects in accordance with and governed by the laws of the
State in which the Premises are located. 

  

	4.	AMENDMENTS: No provision of this Agreement may be changed, waived, discharged or terminated orally, by telephone or by any other means except by an instrument in
writing signed by the Government. 

  

	5.	SEVERABILITY: Wherever possible, each provision of this Agreement shall be interpreted in such a manner as to be effective and valid under applicable law, but if any
provision of this Agreement shall be prohibited by, unenforceable or invalid under applicable law, such provision shall be ineffective to the extent of such prohibition, unenforceability or invalidity, without invalidating the remainder of such
provision or the remaining provisions of this Agreement. 

  

	6.	CONSTRUCTION: The singular form of any word used herein shall include the plural, and vice versa. The use herein of a word of any gender shall include each of the
masculine, feminine, and neuter genders. The headings or titles of the several sections and paragraphs of this Agreement shall be solely for convenience of reference and shall not affect the meaning, construction or effect of the provisions hereof.

  

	7.	BINDING EFFECT: Except as herein provided, this Agreement shall be binding upon the Borrower and the Guarantor, their successors and permitted assigns, and shall inure
to the benefit of the Government, and its successor and assigns. Notwithstanding the foregoing, the Borrower, without the prior written consent of the Government in each instance, may not assign, transfer or set over to another, in whole or in part,
all or any part of its benefits, rights, duties and obligations hereunder, including, but not limited to, performance of and compliance with the conditions hereof. Any reference to the Borrower shall include the Borrower’s successors and
assigns. 

  

	8.	SURVIVAL: The obligations set forth herein shall survive the payment of any and all obligations of the Borrower to the Government and shall not terminate until this
Agreement has been expressly canceled and terminated by the Government in writing. 

  

 7 

 IN WITNESS WHEREOF, the parties hereto have caused this agreement to be duly executed and delivered to the
Government on the 9th day of March, 2010. 
  

									
	ATTEST:	 	BORROWER: Omega Protein, Inc.
					
	By:	 	 /s/ John Held
	 		 	By:	 	 /s/ Robert Stockton

					
	Title:	 	 Vice President
	 		 	Title:	 	 Vice President and Treasurer

					
	Date:	 	 May 25, 2010
	 		 	Date:	 	 May 25, 2010

		
	ATTEST:	 	GUARANTOR: Omega Protein Corporation
					
	By:	 	 /s/ John Held
	 		 	By:	 	 /s/ Robert Stockton

					
	Title:	 	 Executive Vice President
	 		 	Title:	 	 Executive Vice President and Chief Financial Officer

					
	Date:	 	 May 25, 2010
	 		 	Date:	 	 May 25, 2010

 

 8

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00174-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00174-of-00352.parquet"}]]