<table><tr><th>Date</th><th>Invoice #</th></tr><tr><td>4/23/2015</td><td>6812</td></tr></table>

| Category            | Description               | Rate      | Amount   |
| ------------------- | ------------------------- | --------- | -------- |
|  | Subbase and Island Rigging and Hydraulics reviewed projects | | |
|  | Vessel hauled out three years ago | | |
|  | LSJ Barge needs major overhaul | | |
|  | Subbase is not interested in patching anything together | | |
| Drydock Hauling  | 1 Drydock hauling fees  | 1,500.00  | 1,500.00 |
| Laydays  | 12 Laydays: Approx 12 | 350.00  | 4,200.00 |
| Electricity Fee  | 1 Electricity Fee: Hook Up | 75.00 | 75.00 |
| Electricity Fee  | 12 Electricity Fee: per day | 60.00 | 720.00 |
| Pressure wash  | 1 5000 psi pressure wash | 327.00 | 327.00 |

Key Entities:
*   Bill To: LSJ, LLC
*   Project: Big N/LSJ Barge
*   P.O. No.: Ann/Boscoe
*   Terms: Upon Completion
*   Note: Subbase Drydock Inc. reserves the right to not release parts/projects/vessels until payment is received.

<table><tr><th>Date</th><th>Invoice #</th></tr><tr><td>4/23/2015</td><td>6812</td></tr></table>

<table><tr><th colspan="4">Bill To: Customer</th><th>Phone</th><th></th><th></th><th></th></tr><tr><td rowspan="2" colspan="4">LSJ,LLC Customer</td><td>Fax</td><td></td><td></td><td></td></tr><tr><td colspan="4">Customer E-mail</td><td></td></tr><tr><td colspan="2">P.O. No.</td><td>Project</td><td></td><td>Terms</td><td rowspan="2" colspan="3">We accept cash,
chec s. major cred't cards. travelers
checks and wired funds. More info
Completion available regarding wired monies.</td></tr><tr><td colspan="2">Ann/Boscoe</td><td>Big N/LSJ Barge</td><td></td><td>Upon</td></tr><tr><td>Qty/Hrs</td><td colspan="5">Description</td><td>Rate</td><td>Amount</td></tr><tr><td></td><td colspan="5">I  I &amp; 2 ) Rudders: Subbase personnel examined the rudder room and we were able see major
corrosion on the transom. The hull plating has holes where sea water is seeping into the
vessel. The steering components need to be removed and cleaned, the rudders need to be
removed and serviced. The lower Pintle and gudgeons need service as well as the rudder
stuffing box. I would reserve 10k to 20k for this project. I have included pictures of this
compartment. </td><td>20,000.00 </td><td>20,000.00 </td></tr><tr><td>I </td><td>3-A) Install two cylinders
room, with stainless steel
engine room components
We have been informed
replacement ofpump.</td><td>with stainless steel
ends on all hoses.
to see what can me
that the present pump
Labor and Materials</td><td>shafts; including
We will re-evaluate
reused vs. replaced.
is in good
will be 535-45,000.</td><td>all hoses back to
the valving and

condition so we are not</td><td>engine
other

quoting on</td><td>45.000.00 </td><td>45.000.00 </td></tr><tr><td></td><td colspan="5">1 3-B)  The steel boxes that secure the cylinders to the hull are deteriorated and will need
replacement. Subbase recommends using stainless steel to eliminate the corrosion. Three
years ago we quoted $16,000.00 for both boxes and we will still honor this quote.</td><td>16,000.00 </td><td>16,000.00 </td></tr><tr><td></td><td colspan="5">I  4) The exhaust system is in a non-repairable condition and needs replacement from the
main engine to the hull outlet. Our quote will include all new piping, flex joints, exhaust
mixers, and new exterior aluminum outlet. When system is complete it will be wrapped
with a removable wire mesh hi-temp blanket. The new system will be much quieter than
the existing exhaust system. Labor and material $21,000.00.</td><td>24,500.00 </td><td>24,500.00 </td></tr><tr><td colspan="5">Thank you for your business.</td><td colspan="3">Total</td></tr><tr><td rowspan="2" colspan="5">Please note Subbase Drydock Inc. reserves the right to not release any
part/parts, projects or vessels for which/ on which the above detailed work
has been performed until payment in full is received.</td><td colspan="3">Payments/Credits</td></tr><tr><td colspan="3">Balance Due</td></tr></table>

<table><tr><th>Date</th><th>Invoice #</th></tr><tr><td>4/23/2015</td><td>6812</td></tr></table>

Bill To: LSJ,LLC
Customer Phone: <empty>
Customer Fax: <empty>
Customer: <empty>

Customer Phone: <empty>
Customer Fax: <empty>
Customer E-mail:
<empty>

P.O. No.: Ann/Boscoe
Project: Big N/LSJ Barge
Terms: Upon Completion
We accept cash, checks, major credit cards, travelers checks and wired funds. More info available regarding wired monies.

Qty/Hrs: 1
Description: 5) Engine mounts need to be de-scaled of rust. Bolts holding mounts need to be cleaned or renewed and alignment from coupling to shaft needs to be checked and adjusted for proper tolerances. An extensive review was completed of this drive train back in 2012 with repair recommendations made at that time. I do not know if this problem was solved so to budget for this I would reserve 5k to 7k for this project. (before exhaust system is finalized this alignment must be done).
Rate: 7,000.00
Amount: 7,000.00

Qty/Hrs: 1
Description: 6) Stuffing boxes: Subbase was informed that new stuffing boxes are on hand and will be owner supplied, after haulout removal of hose joining stuffing box to shaft log will reveal the condition of shaft log. I would reserve 5k for this project.
Rate: 5,000.00
Amount: 5,000.00

Qty/Hrs: 1
Description: Cutless bearings require removal of main shafts and propellers: After removal of coupling, shafts and props a condition report will follow if drive train is serviceable the routine maintenance for renewing cutless bearing will only need attention. Labor and material for this is (both port and starboard) $4,150.00.
Rate: 4,150.00
Amount: 4,150.00

Qty/Hrs: 1
Description: 8) Engine Cooling Grid: Pressure test system and issue report for this service. Reserve $1,200.00
Rate: 1,200.00
Amount: 1,200.00

Qty/Hrs: 1
Description: 9) Bottom paint and barrier coat: Labor and material $7,500.00.
Rate: 7,500.00
Amount: 7,500.00

Qty/Hrs: <empty>
Description: 10) Engine and marine gear - Review upon haul out --- QUOTE WILL BE ISSUED ---
Rate: 0.00
Amount: 0.00

Qty/Hrs: 1
Description: 11) Fuel tank: Cleaning and disposal
Rate: 2,800.00
Amount: 2,800.00

Qty/Hrs: <empty>
Description: Items 12 thru 18 will need more time to evaluate --- QUOTES WILL BE ISSUED ---
Rate: <empty>
Amount: 0.00

Thank you for your business.
Please note Subbase Drydock Inc. reserves the right to not release any part/parts, projects or vessels for which/ on which the above detailed work has been performed until payment in full is received.
Total
Payments/Credits
Balance Due

<table><tr><th>Date</th><th>Invoice #</th></tr><tr><td>4/23/2015</td><td>6812</td></tr></table>

Bill To: LSJ,LLC
Customer Phone: <empty>
Customer Fax: <empty>
Custo: <empty>

Customer Phone: <empty>
Customer Fax: <empty>
Customer E-mail
<empty>

P.O. No.: Ann/Boscoe
Project: Big N/LSJ Barge

Terms
Upon Completion

We accept cash,
checks, major credit cards, travelers
checks and wired funds. More info
available regarding wired monies.

Qty/Hrs: 1
Description: 19) Clean engine room: Before any repairs are started clean and degrease entire engine room, dispose of oily water. After repairs are complete clean and paint engines and any other areas that were painted. Remove engine hatch covers and assess condition. Make necessary repairs and reinstall after all. Labor and material $5,500.00
Rate: 5,500.00
Amount: 5,500.00

Qty/Hrs: 1
Description: 20) Hydraulic Tank: Due to severe corrosion of the steel hydraulic tank, Subbase reccomends replacing tank with new marine grade aluminum tank complete with all necessary fittings and sight glass to view levels. Labor and Materials.
Rate: 5,000.00
Amount: 5,000.00

Description: ***One-third due at mobilization, one-third at 50% completion and balance at completion***

Thank you for your business.
Please note Subbase Drydock Inc. reserves the right to not release any part/parts, projects or vessels for which/ on which the above detailed work has been performed until payment in full is received.
Total: $150,472.00
Payments/Credits: $-1,000.00
Balance Due: $149,472.00