<table><tr><th>From:</th><th>Richard Kahn &lt;richardkahn12@gmail.com&gt;</th></tr><tr><td>Sent:
To:</td><td>Wednesday, May 6, 2015 6:23 PM
jeffrey E.</td></tr><tr><td>Cc:</td><td>ann rodriquez; Daphne Wallace</td></tr><tr><td>Subject:</td><td>Subbase Drydock</td></tr></table>

after a few back and forth conversations with Gene from =ubbase Drydock i was able to negotiate the following:

260,000 final price (Gene will not come =ack to us for any additional change orders) this =rice represents a 5.11% discount from 2nd quote of =74,002

Gene requested for that price we send an additional 150,000 =200,000 will be paid to date at that point) and =alance of 60,000 will be due on completion which he estimates to be 8-9 =eeks or approximately June 30th

Note: Subbase bid does not include any =ngine work on bid as they are not equipped to work on Engines Refurbished Engines (2) were purchased in 2010 for a total =ost of 54,000 Bosco believes that engines =ill need some work but do not need to be replaced

Please advise if ok to =roceed at 260,000 and send wire today of 150,000 Thank you

PS - we should talk =bout future of barge operations (operator and maintenance) as Anna, =aphne and myself all have concerns about Bosco

Richard Kahn
HBRK Associates Inc.
575 =exington Avenue 4th Floor
New York, NY 10022
tel 212-971-1306
fax 646-350-0954
cell 917-414-7584

On May 4, 2015, at 6:29 PM, jeffrey E. <jeevacation@gmail.com> wrote:

rich, get it all done. negotiate an overall =rice and discount. . do your best , we have little choice.

On Mon, May 4, 2015 at 6:15 PM, Ann Rodriquez =span dir="ltr" class=""><annrodriquez@yahoo.com <mailto:annrodriquez@yahoo.com» =rote:

For us to discuss tomorrow morning or =fternoon.

Ann R.

Begin forwarded =essage:

From: Debra <debra@subbasedrydock.com>
Date: May 4, 2015 at 4:17:52 PM AST
To: annrodriguez@yahoo.com <mailto:annrodriguez@yahoo.com> , "genekralusvi@yahoo.com" <genekralusvi@yahoo.com>
Subject: Invoice 6812 from Subbase =rydock

Good Afternoon =nna,

Geno has updated the invoice to reflect the additional =ork. I have attached it here. Please let me know if you =eed any additional info.

Thanks!

Debra Lowry
Subbase Drydock
340-776-2078 <tel:340-776-2078>

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