Document:

Supplemental Letter, dated February 9, 2012, to the HSH Nordbank Senior Loan

 Exhibit 4.20 
 SUPPLEMENTAL LETTER 
  

	To:	DryShips Inc. 

 Trust
Company Complex 
 Ajeltake Road 
 Ajeltake Island 
 Majuro 

The Marshall Islands MH 96960 
  

	From:	HSH Nordbank AG 

Gerhart-Hauptmann-Platz 50 
 D-20095 Hamburg 
 Germany 
 Dear Sirs 
 9 February 2012 

 

	1	Background. 

  

	(A)	By a loan agreement dated 31 March 2006 (as supplemented, amended and restated from time to time, the “Senior Loan Agreement”) and made between
(i) DryShips Inc. as borrower (the “Borrower”), (ii) the banks and financial institutions listed in Part A of Schedule 1 thereto as lenders (the “Senior Leaders”), (iii) the banks and financial
institutions listed in Part B of Schedule 1 thereto as swap banks (together, the “Swap Banks” and each a “Swap Bank”) (iv) ourselves as agent, lead arranger, lead bookrunner and security trustee,
(v) ourselves and Bank of Scotland plc (“BOS”) as joint underwriters and (vi) BOS as joint bookrunner, it was agreed that the Senior Lenders would make available to the Borrower a term loan and short-term credit facilities
of (originally) up to US$518,750,000 (the “Senior Loan”) in aggregate. 

  

	(B)	By two ISDA master agreements (each on the 1992 ISDA Master Agreement (Multicurrency-crossborder) form) and each dated 31 March 2006 (the “Master
Agreement”) made between the Borrower and a Swap Bank, the Borrower has entered into or will enter into certain Designated Transactions (as such term is defined in the said Loan Agreement) pursuant to separate Confirmations (as such term is
defined in the said Loan Agreement). 

  

	(C)	By a letter (the “First Letter”) dated 19 May 2011 we: 

 

	 	(i)	notified the Borrower there was a shortfall (the “Shortfall”) at that time in the security cover required to be maintained pursuant to clause 15.1 of
the Senior Agreement; and 

  

	 	(ii)	called on the Borrower, pursuant to clause 15.1 of the Senior Loan Agreement within 14 days of the date of the First Letter, either: 

 

	 	(a)	to provide, or ensure that a third party provides, additional security which, in the opinion of the Majority Lenders (as defined in the Senior Loan Agreement), has a
net realisable value at least equal to the shortfall and which, if it consists of or includes a Security Interest (as defined in the Senior Loan Agreement), covers such asset or assets and is documented in such terms as we may, with authorisation
from the Majority Lenders (as defined in the Senior Loan Agreement), approve or require; or 

	 	(b)	prepay in accordance with clause 8 of the Senior Loan Agreement such part (at least) of the Senior Loan as will eliminate the shortfall. 

 

	(D)	Following the Borrower’s non-compliance with the terms of the First Letter and clause 15.1 of the Senior Loan Agreement, by a letter dated 7 June 2011 we
reserved the rights of the Creditor Parties under the Senior Loan Agreement and all other Finance Documents (as defined in the Senior Loan Agreement). 

  

	(E)	The Borrower has requested and the Lenders agreed to receive certain additional security to rectify the Shortfall. 

 

	(F)	This Agreement sets out the terms and conditions on which the Lenders agree to: 

 

	 	(i)	receive certain additional security to rectify the Shortfall; and 

  

	 	(ii)	the consequential amendments to the Loan Agreement and the other Finance Documents in connection with those matters. 

 

	2	Agreement and amendments to the Senior Loan Agreement. Subject to the satisfaction of the conditions of this Letter and with effect from the date of this Letter,
the Senior Loan Agreement shall be amended as follows: 

  

	(a)	by adding the following new definitions in clause 1.2 thereof: 

 ““Additional Security Period” has the meaning given in Clause 15.10; 
 “Approved Stock Exchange” means NASDAQ or any other stock exchange acceptable to the Agent (acting on the instructions of the Majority Lenders); 

“Ocean Rig” means Ocean Rig UDW Inc. a corporation incorporated in The Marshall Islands whose registered office is at
Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, the Marshall Islands; 
 “Required Shares” has
the meaning given in Clause 15.10; 
 “Shares Pledge” means, in respect of the Required Shares, a pledge and
security agreement in respect of such shares executed by the Borrower in favour of the Security Trustee pursuant to Clause 15.10 in such form as the Lenders may approve or require; and 

“Shortfall” means, during the Additional Security Period, any shortfall in the security cover required to be maintained
pursuant to Clause 15.1;”; 
  

	(b)	by adding to the definition of “Finance Documents” in clause 1.1 thereof a new sub-paragraph (w) as follows: 

“(w) the Shares Pledge;” 
 and by re-designating the existing sub-paragraph (w) in the definition of “Finance Documents” in clause 1.1 thereof as a new sub-paragraph (x); 

 

	(c)	by adding therein the following new clauses 11.27 and 15.10: 

 “11.27 Listing of Ocean Rig. The Borrower shall procure that at least 23.9 per cent, of the share capital of Ocean Rig is listed and continues to be listed in an Approved Stock
Exchange.”; 

  
 2 

	 	15.10	Additional security during the Additional Security Period. The Borrower undertakes with the Lenders: 

 

	 	(a)	to execute and deliver, and to cause Ocean Rig to execute and deliver, on the first date of the Additional Security Period the Shares Pledge and the Control Agreement
referred to therein in respect of the Required Shares; and 

  

	 	(b)	deliver to the Agent such other documents equivalent to those referred to in paragraphs 3, 4 and 5 of Schedule 5, Part A as the Agent may require in connection with the
execution of the Shares Pledge; and 

  

	 	(c)	to ensure that any additional security given pursuant to this Clause 15.10 shall remain in full force and effect until the last date of the Additional Security Period.

 In this Clause 15.10: 
 “Additional Security Period” means the period commencing on 9 February 2012 and ending on 31 March 2012; 

“Required Shares” ” means 10,000,000 issued and outstanding shares of common stock in Ocean Rig (including all
other or additional stock or other securities or property paid or distributed in respect of the Required Shares by way of stock-split, spin-off, split-up, reclassification, combination of shares or similar arrangements) currently in the legal and
beneficial ownership of the Borrower to be pledged in favour of the Security Trustee pursuant to this Clause 15.10 in order to rectify the Shortfall; and 
  

	(e)	by construing all references therein to “this Agreement” where the context admits as being references to “this Agreement” as the same is amended and
supplemented by this Letter. 

  

	3	Amendments to Finance Documents. With effect on and from the date of this letter each of the Finance Documents (other than the Senior Loan Agreement) shall be,
and shall be deemed by this Agreement to have been, amended as follows: 

  

	(a)	the definition of, and references throughout each of the Finance Documents to, the Senior Loan Agreement and any of the other Finance Documents shall be construed as if
the same referred to the Senior Loan Agreement and those Finance Documents as amended and supplemented by this Letter; and 

  

	(b)	by construing references throughout each of the Finance Documents to “this Agreement”, “this Deed”, “hereunder and other like expressions as if
the same referred to such Finance Documents as amended and supplemented by this Letter. 

  

	4	Senior Loan Agreement and Finance Documents. The Borrower hereby agrees with the Lenders that the provisions of the Senior Loan Agreement and the Finance
Documents shall be and are hereby re-affirmed and remain in full force and effect. 

  

	5	Representations and Warranties. The Borrower hereby represents and warrants to the Lenders that: 

 

	(b)	this Letter comprises the legal, valid and binding obligations of the Borrower enforceable in accordance with its terms. 

  
 3 

	6	Conditions. Our agreement contained in paragraph 2 of this Letter shall be expressly subject to the condition that we shall have received in form and substance
as may be approved or required by us on or before the signature hereof: 

  

	(a)	copies of resolutions passed at a meeting of the board of directors of the Borrower evidencing approval of this Letter and authorising appropriate officers or attorneys
to execute the same; 

  

	(b)	the original of any power of attorney issued in favour of any person executing this Letter and the Shares Pledge on behalf of the Borrower; and

  

	(c)	a duly executed original of the Shares Pledge (and any underlying documents, including without limitation, a duly executed original of the Control Agreement referred to
in the Shares Pledge); and 

  

	(d)	copies of all governmental and other consents, licences, approvals and authorisations as may be necessary to authorise the performance by the Borrower of its
obligations under this Letter and the execution, validity and enforceability of this Letter. 

  

	7	Notices. Clause 28 (Notices) of the Senior Loan Agreement shall extend and apply to this Letter as if the same were (mutatis mutandis) herein expressly set
forth. 

  

	8	Governing Law. This Letter shall be governed by and construed in accordance with English law and Clause 30 (Law and Jurisdiction) of the Senior Loan Agreement
shall extend and apply to this Letter as if the same were (mutatis mutandis) herein expressly set forth. 

 Please confirm your
acceptance to the foregoing terms and conditions by signing the acceptance at the foot of this letter. 
  

	
	Yours faithfully
	
	 /s/ VASSILIKI GEORGOPOULOS

	 VASSILIKI GEORGOPOULOS
 for and
on behalf of

	HSH NORDBANK AG
	(as Agent for and on behalf of all Creditor Parties)
	
	Accepted and agreed
	
	 /s/ DIMITRIS GLYNOS

	 DIMITRIS GLYNOS
 for and on
behalf of

	DRYSHIPS INC.
	
	Dated: 9 February 2012

  
 4 

 DRYSHIPS INC. 
 Dated: 9 February 2012 
 COUNTERSIGNED this 9th day of February 2012 for and on behalf of the below companies each
of which, by its execution hereof, confirms and acknowledges that it has read and understood the terms and conditions of this supplemental letter, that it agrees in all respects to the same and that the Finance Documents to which it is a party shall
remain in full force and effect and shall continue to stand as security for the obligations of the Borrower under the Senior Loan Agreement. 
  

					
	 /s/ ADRIANO CEFAI
	 		 	 /s/ ADRIANO CEFAI

	ADRIANO CEFAI	 		 	ADRIANO CEFAI
	for and on behalf of	 		 	for and on behalf of
	WEALTH MANAGEMENT INC.	 		 	SAMSARA SHIPPING COMPANY LIMITED
			
	 /s/ ADRIANO CEFAI
	 		 	 /s/ ADRIANO CEFAI

	ADRIANO CEFAI	 		 	ADRIANO CEFAI
	for and on behalf of	 		 	for and on behalf of
	MALVINA SHIPPING COMPANY LIMITED	 		 	ARLETA NAVIGATION COMPANY LIMITED
			
	 /s/ ADRIANO CEFAI
	 		 	 /s/ ADRIANO CEFAI

	ADRIANO CEFAI	 		 	ADRIANO CEFAI
	for and on behalf of	 		 	for and on behalf of
	BORSARI SHIPPING COMPANY LIMITED	 		 	ONIL SHIPPING COMPANY LIMITED
			
	 /s/ ADRIANO CEFAI
	 		 	 /s/ ADRIANO CEFAI

	ADRIANO CEFAI	 		 	ADRIANO CEFAI
	for and on behalf of	 		 	for and on behalf of
	FABIANA NAVIGATION COMPANY LIMITED	 		 	CELINE SHIPPING COMPANY LIMITED
			
	 /s/ ADRIANO CEFAI
	 		 	 /s/ ADRIANO CEFAI

	ADRIANO CEFAI	 		 	ADRIANO CEFAI
	for and on behalf of	 		 	for and on behalf of
	KARMEN SHIPPING COMPANY LIMITED	 		 	THELMA SHIPPING COMPANY LIMITED

  
 5 

					
	 /s/ ADRIANO CEFAI
	 		 	 /s/ ADRIANO CEFAI

	ADRIANO CEFAI	 		 	ADRIANO CEFAI
	for and on behalf of	 		 	for and on behalf of
	ARGO OWNING COMPANY LIMITED	 		 	KRONOS OWNING COMPANY LIMITED
			
	 /s/ ADRIANO CEFAI
	 		 	 /s/ ADRIANO CEFAI

	ADRIANO CEFAI	 		 	ADRIANO CEFAI
	for and on behalf of	 		 	for and on behalf of
	TETHYS OWNING COMPANY LIMITED	 		 	SELENE OWNING COMPANY LIMITED
			
	 /s/ ADRIANO CEFAI
	 		 	 /s/ ADRIANO CEFAI

	ADRIANO CEFAI	 		 	ADRIANO CEFAI
	for and on behalf of	 		 	for and on behalf of
	DIONE OWNING COMPANY LIMITED	 		 	URANUS OWNING COMPANY LIMITED
			
	 /s/ ADRIANO CEFAI
	 		 	 /s/ ADRIANO CEFAI

	ADRIANO CEFAI	 		 	ADRIANO CEFAI
	for and on behalf of	 		 	for and on behalf of
	TEMPO MARINE CO.	 		 	STAR RECORD OWNING COMPANY LIMITED
			
	 /s/ ADRIANO CEFAI
	 		 	 /s/ ADRIANO CEFAI

	ADRIANO CEFAI	 		 	ADRIANO CEFAI
	for and on behalf of	 		 	for and on behalf of
	REA OWNING COMPANY LIMITED	 		 	PHOEBE OWNING COMPANY LIMITED

  
 6Supplemental Letter, dated February 9, 2012, to the HSH Nordbank Junior Loan

 Exhibit 4.21 
 SUPPLEMENTAL LETTER 
  

	To:	Dryships Inc. 

 Trust Company
Complex 
 Ajeltake Road 
 Ajeltake Island 
 Majuro 

The Marshall Islands MH 96960 
  

	From:	HSH Nordbank AG 

Gerhart-Hauptmann-Platz 50 
 D-20095 Hamburg 
 Germany 
 Dear Sirs 
 9 February 2012 

 

	1	Background. 

  

	(A)	By a loan agreement dated 31 March 2006 (as supplemented, amended and restated from time to time, the “Junior Loan Agreement”) and made between
(i) Dryships Inc. as borrower (the “Borrower”), (ii) the banks and financial institutions listed therein as lenders (the “Junior Lenders”), (iii) the banks and financial institutions listed therein as
swap banks (the “Swap Bank” and each a “Swap Bank”), (iv) ourselves as agent, lead arranger, lead bookrunner and security trustee and (V) Bank of Scotland plc as joint bookrunner, it was agreed that the
Junior Lenders would make available to the Borrower a term loan and short-term credit facilities of (originally) up to US$110,000,000 (the “Junior Loan”) in aggregate. 

 

	(B)	By two ISDA master agreements (each on the 1992 ISDA Master Agreement (Multicurrency-crossborder) form) and each dated 31 March 2006 (the “Master
Agreement”) made between the Borrower and a Swap Bank, the Borrower has entered into or will enter into certain Designated Transactions pursuant to separate Confirmations (as each such term is defined in the Junior Loan Agreement).

  

	(C)	By a letter (the “First Letter”) dated 19 May 2011 we: 

 

	 	(i)	notified the Borrower there was a shortfall (the “Shortfall”) at that time in the security cover required to be maintained pursuant to clause 15.1 of
the Junior Agreement; and 

  

	 	(ii)	called on the Borrower, pursuant to clause 15.1 of the Junior Loan Agreement within 14 days of the date of the First Letter, either: 

 

	 	(a)	to provide, or ensure that a third party provides, additional security which, in the opinion of the Majority Lenders (as defined in the Junior Loan Agreement), has a
net realisable value at least equal to the shortfall and which, if it consists of or includes a Security Interest (as defined in the Junior Loan Agreement), covers such asset or assets and is documented in such terms as we may, with authorisation
from the Majority Lenders (as defined in the Junior Loan Agreement), approve or require; or 

	 	(b)	prepay in accordance with clause 8 of the Junior Loan Agreement such part (at least) of the Junior Loan as will eliminate the shortfall. 

 

	(D)	Following the Borrower’s non-compliance with the terms of the First Letter and clause 15.1 of the Junior Loan Agreement, by a letter dated 7 June 2011 we
reserved the rights of the Creditor Parties under the Junior Loan Agreement and all other Finance Documents (as defined in the Junior Loan Agreement). 

  

	(E)	The Borrower has requested and the Lenders agreed to receive certain additional security to rectify the Shortfall. 

 

	(F)	This Agreement sets out the terms and conditions on which the Lenders agree to: 

 

	 	(i)	receive certain additional security to rectify the Shortfall; and 

  

	 	(ii)	the consequential amendments to the Loan Agreement and the other Finance Documents in connection with those matters. 

 

	2	Agreement and amendments to the Junior Loan Agreement. Subject to the satisfaction of the conditions of this Letter and with effect from the date of this
Letter, the Junior Loan Agreement shall be amended as follows: 

  

	(a)	by adding the following new definitions in clause 1.2 thereof: 

 ““Additional Security Period” has the meaning given in Clause 15.10; 
 “Approved Stock Exchange” means NASDAQ or any other stock exchange acceptable to the Agent (acting on the instructions of the Majority Lenders); 

“Ocean Rig” means Ocean Rig UDW Inc. a corporation incorporated in The Marshall Islands whose registered office is at
Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, the Marshall Islands; 
 “Required Shares” has
the meaning given in Clause 15.10; 
 “Shares Pledge” means, in respect of the Required Shares, a pledge and
security agreement in respect of such shares executed by the Borrower in favour of the Security Trustee pursuant to Clause 15.10 in such form as the Lenders may approve or require; and 

“Shortfall” means, during the Additional Security Period, any shortfall in the security cover required to be maintained
pursuant to Clause 15.1;”; 
  

	(b)	by adding to the definition of “Finance Documents” in clause 1.1 thereof a new sub-paragraph (w) as follows: 

“(w) the Shares Pledge;” 
 and by re-designating the existing sub-paragraph (w) in the definition of “Finance Documents” in clause 1.1 thereof as a new sub-paragraph (x); 

 

	(c)	by adding therein the following new clauses 11.27 and 15.10: 

 “11.27 Listing of Ocean Rig. The Borrower shall procure that at least 23.9 per cent, of the share capital of Ocean Rig is listed and continues to be listed in an Approved Stock
Exchange.”; 

  
 2 

	 	15.10	Additional security during the Additional Security Period. The Borrower undertakes with the Lenders: 

 

	 	(a)	to execute and deliver, and to cause Ocean Rig to execute and deliver, on the first date of the Additional Security Period the Shares Fledge and the Control Agreement
referred to therein in respect of the Required Shares; and 

  

	 	(b)	deliver to the Agent such other documents equivalent to those referred to in paragraphs 3, 4 and 5 of Schedule 5, Part A as the Agent may require in connection with the
execution of the Shares Pledge; and 

  

	 	(c)	to ensure that any additional security given pursuant to this Clause 15.10 shall remain in full force and effect until the last date of the Additional Security Period.

 In this Clause 15.10: 
 “Additional Security Period” means the period commencing on 9 February 2012 and ending on 31 March 2012; 

“Required Shares” means 10,000,000 issued and outstanding shares of common stock in Ocean Rig (including all other or
additional stock or other securities or property paid or distributed in respect of the Required Shares by way of stock-split, spin-off, split-up, reclassification, combination of shares or similar arrangements) currently in the legal and beneficial
ownership of the Borrower to be pledged in favour of the Security Trustee pursuant to this Clause 15.10 in order to rectify the Shortfall; and 
  

	(e)	by construing all references therein to “this Agreement” where the context admits as being references to “this Agreement” as the same is amended and
supplemented by this Letter. 

  

	3	Amendments to Finance Documents. With effect on and from the date of this letter each of the Finance Documents (other than the Junior Loan Agreement) shall be,
and shall be deemed by this Agreement to have been, amended as follows: 

  

	(a)	the definition of, and references throughout each of the Finance Documents to, the Junior Loan Agreement and any of the other Finance Documents shall be construed as if
the same referred to the Junior Loan Agreement and those Finance Documents as amended and supplemented by this Letter, and 

  

	(b)	by construing references throughout each of the Finance Documents to “this Agreement”, “this Deed”, “hereunder and other like expressions as if
the same referred to such Finance Documents as amended and supplemented by this Letter. 

  

	4	Junior Loan Agreement and Finance Documents. The Borrower hereby agrees with the Lenders that the provisions of the Junior Loan Agreement and the Finance
Documents shall be and are hereby re-affirmed and remain in full force and effect. 

  

	5	Representations and Warranties. The Borrower hereby represents and warrants to the Lenders that: 

 

	(a)	the representations and warranties contained in the Junior Loan Agreement are true and correct on the date of this Letter as if all references therein to “this
Agreement” were references to the Junior Loan Agreement as supplemented by this Letter; and 

  
 3 

	(b)	this Letter comprises the legal, valid and binding obligations of the Borrower enforceable in accordance with its terms. 

 

	6	Conditions. Our agreement contained in paragraph 2 of this Letter shall be expressly subject to the condition that we shall have received in form and substance
as may be approved or required by us on or before the signature hereof: 

  

	(a)	copies of resolutions passed at a meeting of the board of directors of the Borrower evidencing approval of this Letter and authorising appropriate officers or attorneys
to execute the same; 

  

	(b)	the original of any power of attorney issued in favour of any person executing this Letter and the Shares Pledge on behalf of the Borrower; and

  

	(c)	a duly executed original of the Shares Pledge (and any underlying documents, including without limitation, a duly executed original of the Control Agreement referred to
in the Shares Pledge); and 

  

	(d)	copies of all governmental and other consents, licences, approvals and authorisations as may be necessary to authorise the performance by the Borrower of its
obligations under this Letter and the execution, validity and enforceability of this Letter. 

  

	7	Notices. Clause 28 (Notices) of the Junior Loan Agreement shall extend and apply to this Letter as if the same were (mutatis mutandis) herein expressly set
forth. 

  

	8	Governing Law. This Letter shall be governed by and construed in accordance with English law and Clause 30 (Law and Jurisdiction) of the Junior Loan Agreement
shall extend and apply to this Letter as if the same were (mutatis mutandis) herein expressly set forth. 

 Please confirm your
acceptance to the foregoing terms and conditions by signing the acceptance at the foot of this letter. 
  

	
	Yours faithfully
	
	 /s/ VASSILIKI GEORGOPOULOS

	 VASSILIKI GEORGOPOULOS
 for and
on behalf of
 HSH NORDBANK AG

(as Agent for and on behalf of all Creditor Parties)

	
	Accepted and agreed
	
	 /s/ DIMITRIS GLYNOS

	 DIMITRIS GLYNOS
 for and on
behalf of

  
 4 

 DRYSHIPS INC. 
 Dated        9 February 2012 
 COUNTERSIGNED
this day 9 of February 2012 for and on behalf of the below companies each of which, by its execution hereof, confirms and acknowledges that it has read and understood the terms and conditions of this supplemental letter, that it agrees in all
respects to the same and that the Finance Documents to which it is a party shall remain in full force and effect and shall continue to stand as security for the obligations of the Borrower under the Junior Loan Agreement. 

 

					
	 /s/ ADRIANO CEFAI
	 		 	 /s/ ADRIANO CEFAI

	 ADRIANO CEFAI
 for and on
behalf of
 WEALTH MANAGEMENT INC.
	 		 	 ADRIANO CEFAI
 for and on
behalf of
 SAMSARA SHIPPING COMPANY LIMITED

			
	 /s/ ADRIANO CEFAI
	 		 	 /s/ ADRIANO CEFAI

	 ADRIANO CEFAI
 for and on
behalf of
 MALVINA SHIPPING COMPANY LIMITED
	 		 	 ADRIANO CEFAI
 for and on
behalf of
 ARLETA NAVIGATION COMPANY LIMITED

			
	 /s/ ADRIANO CEFAI
	 		 	 /s/ ADRIANO CEFAI

	 ADRIANO CEFAI
 for and on
behalf of
 BORSARI SHIPPING COMPANY LIMITED
	 		 	 ADRIANO CEFAI
 for and on
behalf of
 ONIL SHIPPING COMPANY LIMITED

			
	 /s/ ADRIANO CEFAI
	 		 	 /s/ ADRIANO CEFAI

	 ADRIANO CEFAI
 for and on
behalf of
 FABIANA NAVIGATION COMPANY LIMITED
	 		 	 ADRIANO CEFAI
 for and on
behalf of
 CELINE SHIPPING COMPANY LIMITED

			
	 /s/ ADRIANO CEFAI
	 		 	 /s/ ADRIANO CEFAI

	 ADRIANO CEFAI
 for and on
behalf of
 KARMEN SHIPPING COMPANY LIMITED
	 		 	 ADRIANO CEFAI
 for and on
behalf of
 THELMA SHIPPING COMPANY LIMITED

  
 5 

					
	 /s/ ADRIANO CEFAI
	 		 	 /s/ ADRIANO CEFAI

	 ADRIANO CEFAI
 for and on
behalf of
 ARGO OWNING COMPANY LIMITED
	 		 	 ADRIANO CEFAI
 for and on
behalf of
 KRONOS OWNING COMPANY LIMITED

			
	 /s/ ADRIANO CEFAI
	 		 	 /s/ ADRIANO CEFAI

	 ADRIANO CEFAI
 for and on
behalf of
 TETHYS OWNING COMPANY LIMITED
	 		 	 ADRIANO CEFAI
 for and on
behalf of
 SELENE OWNING COMPANY LIMITED

			
	 /s/ ADRIANO CEFAI
	 		 	 /s/ ADRIANO CEFAI

	 ADRIANO CEFAI
 for and on
behalf of
 DIONE OWNING COMPANY LIMITED
	 		 	 ADRIANO CEFAI
 for and on
behalf of
 URANUS OWNING COMPANY LIMITED

			
	 /s/ ADRIANO CEFAI
	 		 	 /s/ ADRIANO CEFAI

	 ADRIANO CEFAI
 for and on
behalf of
 TEMPO MARINE CO.
	 		 	 ADRIANO CEFAI
 for and on
behalf of
 STAR RECORD OWNING COMPANY LIMITED

			
	 /s/ ADRIANO CEFAI
	 		 	 /s/ ADRIANO CEFAI

	 ADRIANO CEFAI
 for and on
behalf of
 REA OWNING COMPANY LIMITED
	 		 	 ADRIANO CEFAI
 for and on
behalf of
 PHOEBE OWNING COMPANY LIMITED

  
 6

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