Amendment No. 1 to Asset Purchase Agreement between Vision Technologies Kinetics, Inc. and Friede Goldman Halter, Inc. et al.

Summary

This amendment updates the Asset Purchase Agreement between Vision Technologies Kinetics, Inc. (the buyer) and Friede Goldman Halter, Inc. and its affiliates (the sellers), who are debtors-in-possession in bankruptcy. The amendment clarifies which assets and real property are included or excluded from the sale, updates certain definitions, and incorporates a new property survey. All other terms of the original agreement remain in effect. The amendment is effective as of July 23, 2002.

EX-10.17 7 dex1017.txt AM. NO. 1 TO PURCHASE AGREEMENT EXHIBIT 10.17 AMENDMENT NO. 1 TO ASSET PURCHASE AGREEMENT This AMENDMENT NO. 1 TO ASSET PURCHASE AGREEMENT (this "Amendment") is made and entered into as of this 23rd day of July, 2002, by and between Vision Technologies Kinetics, Inc., a Delaware corporation, or its nominee as designated under Section 10.13 (the "Buyer"), on the one hand, and Friede Goldman Halter, Inc., a Mississippi corporation, Halter Marine, Inc., a Nevada corporation, Halter Marine, Inc., a Louisiana corporation, Halter Gulf Repair, Inc., a Delaware corporation, Halter Marine Services, Inc., a Mississippi corporation, Halter Marine Gulfport, Inc., a Nevada corporation, Gulf Coast Fabrication, Inc., a Mississippi corporation, and Halter Marine Pascagoula, Inc., a Delaware corporation, Debtors-in-Possession (collectively the "Seller") under jointly administered Case No. 01-52173 in the United States Bankruptcy Court in the Southern District of Mississippi filed on April 19, 2001. (All capitalized terms used but not defined herein shall have the same definitions for such terms as set forth in the Purchase Agreement referred to below.) WHEREAS, Buyer and Seller entered into that certain Asset Purchase Agreement, made and entered into as of July 23, 2002, as amended (the "Purchase Agreement"), pursuant to which Seller agreed to sell, and Buyer agreed to buy, substantially all of the assets used in connection with the Business; WHEREAS, Seller has caused a survey to be prepared by Grant Houston Gilleon, P.L.S of Wink Incorporated in connection with the matters concerning the transfer of Real Property; WHEREAS, Buyer and Seller hereby desire to amend the Purchase Agreement to clarify certain matters therein regarding the transfer of Real Property; NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 1. Amendments. (a) The definition of "Current Assets" immediately following Section 2.2.4 of the Purchase Agreement is hereby amended by inserting the following at the end thereof immediately before the period: "nor any accounts receivable, work-in-process and other current assets of the Business relating to any Other Contract other than those Other Contracts listed on Exhibit "A-3a" (b) Those items listed on Annex "A" to this Amendment shall not be included as "Property" transferred by Seller to Buyer under the Purchase Agreement and shall be "Excluded Assets," as such term is defined and used in the Purchase Agreement. (c) Exhibit "A-4.6" to the Purchase Agreement is hereby amended by adding the following as new paragraphs at the end of such exhibit: ."AND ALSO, that parcel of property depicted as Parcel "B" (being approximately 7.718 acres more or less and a part of Lot 49 Port Bienville Subdivision, on file as Book 5, Pages 2-4 Hancock County, Mississippi) on the plat of survey dated May 9-15, 2002, prepared by Grant Houston Gilleon, P.L.S. 2590 of Wink, Incorporated, said survey being incorporated herein by reference. LESS AND EXCEPT, that parcel of property depicted as Parcel "A" (being approximately 7.292 acres more or less and a part of Lot 36 and all of Lot 37, Port Bienville Subdivision, on file as Book 5, Pages 2-4, Hancock County, Mississippi) on the plat of survey dated May 9-15, 2002, prepared by Grant Houston Gilleon, P.L.S. 2590 of Wink, Incorporated, said survey being incorporated herein by reference." 2. Continuation of Purchase Agreement. Except as modified by this Amendment, the Purchase Agreement shall continue in full force and effect. 3. Counterparts. This Amendment may be signed in counterparts and may be executed by the exchange of facsimile signature pages. IN WITNESS WHEREOF, the parties hereto have executed this Amendment No. 1 to Asset Purchase Agreement as of the day and year first above written. VISION TECHNOLOGIES KINECTICS, INC. By: /s/ Alan Bragassam ----------------------------------------------- Name: Alan Bragassam Title: Authorized Officir FRIEDE GOLDMAN HALTER, INC. By: /s/ Richard T. McCreary ----------------------------------------------- Name: Richard T. McCreary Title: Senior Vice President-Administration HALTER MARINE, INC., a Nevada corporation By: /s/ Richard T. McCreary ----------------------------------------------- Name: Richard T. McCreary Title: Executive Vice President HALTER MARINE, INC., a Louisiana corporation By: /s/ Richard T. McCreary ----------------------------------------------- Name: Richard T. McCreary Title: Executive Vice President HALTER MARINE SERVICES, INC. By: /s/ Richard T. McCreary ----------------------------------------------- Name: Richard T. McCreary Title: Executive Vice President HALTER MARINE GULFPORT, INC. By: /s/ Richard T. McCreary ----------------------------------------------- Name: Richard T. McCreary Title: Executive Vice President HALTER MARINE PASCAGOULA, INC. By: /s/ Richard T. McCreary ----------------------------------------------- Name: Richard T. McCreary Title: Executive Vice President GULF COAST FABRICATION, INC. By: /s/ Richard T. McCreary ----------------------------------------------- Name: Richard T. McCreary Title: Executive Vice President HALTER GULF REPAIR, INC. By: /s/ Richard T. McCreary ----------------------------------------------- Name: Richard T. McCreary Title: Executive Vice President Annex A EXHIBIT "A-2" Excluded Other Leases
Lease Description Index No. ----------------- --------- 1. MCI WorldCom On Net Voice Agreement, dated as of September 10, 1999, by and between Friede 413 Goldman Halter, Inc. ("FGHI") and MCI WorldCom (Stated term: 2 years). 2. Manta Lease Agreement, dated as of July 15, 1999 by and between HMI(NV) and Oliver-Allen 290 Corporation [(Obligations of HMI(NV) assumed by Friede Goldman Halter, Inc. pursuant to Assumption Agreement, dated as of November 10, 1999.)] 3. Equipment Schedule No. 02, with HMI(NV) as lessee, dated as of November 1, 1999, to Master 297 Lease Agreement, dated as of July 15, 1999 by and between HMI(NV) and Oliver-Allen Corporation. 4. Equipment Schedule No. 03, with HMI(NV) as lessee, dated as of August 1, 1999, to Master 298 Lease Agreement, dated as of July 15, 1999 by and between HMI(NV) and Oliver-Allen Corporation. 5. Lease by and between FGHI and Pitney Bowes, dated as of February 22, 1999 (postage meter 936 system). 6. Other waste pickup, maintenance and welding gas supply agreements. 7. Equipment Schedule No. 0l, with HMI(NV) as lessee, dated as of July 29, 1999, to Master Lease 192 Agreement dated as of July 28, 1999, by and between HMI(NV) and Keycorp Leasing. 8. Equipment Schedule No. 02, with HMI(NV) as lessee, dated as of July 29, 1999, to Master Lease 193 Agreement dated as of July 28, 1999, by and between HMI(NV) and Keycorp Leasing.
Lease Description Index No. ----------------- -------- 9. Equipment Schedule No. 03, with HMI(NV) as lessee, dated as of July 29, 1999, to Master Lease 194 Agreement dated as of July 28, 1999, by and between HMI(NV) and Keycorp Leasing. 10. Equipment Schedule No. 04, with HMI(NV) as lessee, dated as of July 29, 1999, to Master Lease 195 Agreement dated as of July 28, 1999, by and between HMI(NV) and Keycorp Leasing. 11. Equipment Schedule No. 05, with HMI(NY) as lessee, dated as of July 29, 1999, to Master Lease 196 Agreement dated as of July 28, 1999, by and between HMI(NV) and Keycorp Leasing. 12. Crawler Crane Operator's Agreement, dated as of July 10, 1992, by and between HMI(NV) and 983 Harrison County Development Commission.
EXHIBIT "A-3" Other Contracts (to be excluded)
S/No. Contract Description Index No. - ----- -------------------- --------- 3. Consulting Agreement, dated as of October 16, 2000, by and between HMI(NV) and Eric Del 177 Pino. 4. Consulting Agreement, dated as of January 1, 2001, by and between HMI(NV) and R.W. 157 Triplett, Jr. 5. Non-competition Agreement, dated as of May 26, 2000, by and between FGHI and John Dane 1,240 III (sale of assets of Halter Yachts, Inc.) 7. Support Services Agreement, dated as of March 2, 2001, by and between HMI(LA) and A.L.M. 901 LIAM. 8. Letter Agreement regarding Venezuela LCU Contract Assignment, dated as of January 8, 902 2002, by and between Halter Marine, Inc. and the Venezuelan Navy. 9. Manufacturer's Foreign Sales Consultant Agreement, by and between HMI(LA) and D.V. 903 Martenstyn Ltd. 10. Manufacturer's Foreign Representative Agreement, dated as of October 6, 1997, by and 905 between FGHI and FM Intenacional, C.A. 11. Manufacturer's Foreign Representative Agreement, dated as of September 10, 1994, by and between HMI(NV) and FM Internacional C.A., C.C.C. Tamoraco, Nivel C-2 Este Mezzania 2, 905 Of F B 7-C, Chuao-Caraca 1060, Venezuela 12. Team/Bidding Agreement, dated as of April 25, 1996, by and between Halter Marine, Inc. 909 (LA) ("HMI(LA)") and Apollonio & Poole Naval Architecture & Marine Engineering, Inc.
S/No. Contract Description Index No. - ----- -------------------- --------- 13. Team/Bidding Agreement, dated as of December 8, 1995, by and between HMI(LA) and 910 Apollonio & Poole, Naval Architecture & Marine Engineering, Inc. 14. License Agreement, dated as of November 1995, by and between A.S.D. Marine Services Pty. 911 Ltd. and HMI(1W) 15. License Agreement, dated as of April 15, 1996 by and between HMI(LA) and A.S.D. Marine 912 Services Pty. Ltd. 16. Teaming/Bidding Agreement, dated as of June 26, 1997, by and between HMI(NV) and ATOS 913 International, L.L.C. 17. Subcontract or Agreement, dated as of January 30, 1996, by and between Halter Marine, 914 Inc. and Band Lavis & Associates, Inc. 18. Large Fast Ferry Technical Development Project Proprietary Information Exchange 914 Agreement, dated as of January 30, 1996, by and between Halter Marine, Inc. and Band Lavis and Associates, Inc. 19. Teaming/Bidding Agreement, dated as of September 18, 1995, by and between HMI(LA) and 915 Batchelor's Mechanical Contractors, Inc. 20. Teaming/Bidding Agreement, dated as of November 13, 1997, by and between HMI(LA) and 915 Batchelor's Mechanical Contractors, Inc. 21. Assignment Agreement, dated as of April 20, 1995, by and among Tampa Shipyards 941 Incorporated, FMI Acquisition, Inc., Florida Marine Industries, Inc. and HMI(LA). 22. Teaming/Bidding Agreement, dated as of February 10, 1995 by and between HMI(LA) and C.R. 918 Cushing & Co., Inc. 23. Joint Development Agreement, dated as of October 23, 1997 by and between Halter Marine, 917 Inc. and Caribbean Cargo Inc.
S/No. Contract Description Index No. - ----- -------------------- --------- 24. Agreement, dated as of February 14, 1995, by and between HMI(LA) and Cenargo 919 International Ltd. 26. Memorandum of Understanding for Ship Construction, dated as of November 20, 2001, by and 920 between Halter Marine, Inc. and D'Arcinoff Group, Inc. 27. Memorandum of Agreement for Ship Construction, dated as of November 7, 2001, by and 920 between Halter Marine, Inc. and D'Arcinoff Group, Inc. 28. Memorandum of Agreement for Ship Construction, dated as of October 30, 2001, by and 920 between Halter Marine, Inc. and D'Arcinoff Group, Inc. 29. Teaming/Bidding Agreement, dated as of February 3, 1995, by and between HMI(LA) and 922 Gentry Transatlantic, Inc. 30. Teaming/Bidding Agreement, dated as of February 23, 2001, by and between HMI(LA) and 923 Kvaerner Masa Marine. 32. Subcontractor Agreement, dated as of October 24, 1994, by and between Halter Marine, 939 Inc. and Pacific Marine Leasing, Inc. 34. Teaming/Bidding Agreement, dated as of November 18, 1994, by and between HMI(LA) and 927 Polar Energy, Inc. 35. Memorandum of Understanding, dated as of August 24, 1999, by and between HMI(NV) and 929 Servicios Industriales de la Marina. 36. Teaming/Bidding Agreement, dated as of September 20, 1993, by and between Halter Marine, 940 Inc. and United States Flagships, Inc. 38. Executive Severance Agreement, dated as of October 1, 1996, by and between FGHI and Anil 146 Raj.
S/No. Contract Description Index No. - ----- -------------------- --------- 40. Executive Severance Agreement, dated as of July 28, 1998, by and between FGHI and 150 Richard T. McCreary. 41. Executive Severance Agreement, dated as of October 1, 1996, by and between FGHI and 151 Sidney C. Mizell. 48. Teaming/Bidding Agreement, dated as of May 1, 1995, by and between HMI(NV) and Alufast 1,507 International Pty, Ltd. (Puerto Rican Catamaran Passenger Ferries). 67. Teaming/Bidding Agreement, dated as of November 19, 1996, by and between HMI(NV) and 1,530 Engineering Equipment Company (23 Meter Coast Patrol Boat). 68. Full and Final Settlement Agreement and Mutual Release, dated as of April 16, 2001, by 1,531 and between Halter Marine, Inc. and EXE Technologies, Inc. (T-ADC(X) Project). 74. Subcontract Agreement, dated as of September 22, 1999, by and between HMI(LA) and Gibbs 1,538 & Cox, Inc. (T-ADC(X) Project). 127 Agreement for Naval Architectural and Marine Engineering Services, dated as of April 7, 1 ###-###-####, by and between FGHI and Blue Sea Corporation (SWATH). 128 Consulting Agreement, dated as of January 15, 2002, by and between Halter Marine, Inc. 1,249 and Lance Lemcool (ARPA Program Management). 138 Teaming/Bidding Agreement, dated as of March 17, 1994, by and between HMI(LA) and IHI 1,628 Marine Technology (Container Bulk Carrier). 142 Teaming/Bidding Agreement, dated as of August 21, 1991, by and between HMI(LA) and 1,645 Wartsila Marine, Inc. (US Navy Strategic Sealift Ship).
S/No. Contract Description Index No. - ----- -------------------- --------- 143 Teaming/Bidding Agreement, dated as of February 14, 1995, by and between HMI(LA) and 1,646 Westfoil International (Submerged Hydrofoil Craft). 145 Teaming/Bidding Agreement, dated as of June 13, 1994, by and between McDonnell Douglas 1,637 Corporation and HMI(NV) (Offshore Patrol Vessel). 147 Coproduction Agreement, dated as of November 24, 1998, by and between Halter Marine, 1,647 Inc. and Anderson Marine Pvt. Ltd. 148 TeamingBidding Agreement, dated as of May 11, 1995, by and between HMI(LA) and NQEA 1,650 Australia Pty LTD (Catamaran Passenger Ferry). 150 Finder's Fee Agreement, dated as of February 8, 2002, by and between Halter Marine, Inc. 1,664 and Ellicott International (Coreinsac). 152 Consulting Agreement, dated as of January 15, 2002, by and between Halter Marine, Inc. 1,834 and Lance Lemcool. 159 Support Services Agreement, dated as of March 24, 1999, as amended, by and between 904 Halter Marine, Inc. (NV) ("HMI(NV)") and Sigma International for Trading. 160 Support Services Agreement, dated as of January 27, 1999, as amended, by and between 904 HMI(NV) and Sigma International for Trading. 161 Manufacturer's Foreign Sales Consultant Agreement, dated as of January 1, 1999, as 904 amended, by and between HMI(NV) and Sigma International for Trading. 162 Manufacturer's Foreign Sales Consultant Agreement, dated as of January 1, 1999, as 904 amended, by and between FGHI and Sigma International for Trading Co.
S/No. Contract Description Index No. - ----- -------------------- --------- 163 Teaming/Bidding Agreement, dated as of June 4, 1999, by and between HMI(LA) and Lockheed 924 Martin Advanced Technology Laboratories. 165 TeaminglBidding Agreement, dated as of October 26, 1999, by and between HMI(LA) and 926 Lockheed Martin Corporation. 184 Teaming/Bidding Agreement, dated as of May 2, 1994, by and between HMI(NV) and Vosper 1,644 International Limited (Off Shore Missile Vessel). 185 Contractor's Certification and Agreement, dated as of February 2, 2001, by and between 921 Halter Marine, Inc. and Defense Security Cooperation Agency. 189 Teaming/Bidding Agreement, dated as of November 7, 1994, by and between HMI(NV) and 1,643/1/641 Vosper International Limited (as amended by Amendment No. 1 thereto, dated as of May 5, 1995) (Off-Shore Patrol Craft). 190 Teaming/Bidding Agreement, dated as of December 2, 1996, by and between FGHI and Vosper 1,639 International Limited (Offshore Patrol Vessel). 191 Teaming Agreement, dated as of September 22, 1999 (as amended by Amendment No. 1, dated 1,241 as of October 1, 2001), by and between HMI(LA) and Lockheed Martin Overseas Corporation, Ocean Radar & Sensor Systems. 199 Contract Assignment, dated as of January 8, 2002, by and between Halter Marine, Inc. and 1,626 Consorcio Pentamat, C.A. (LCU). 200 Cooperative Agreement, dated as of February 17, 1997, by and between Halter Marine, Inc. 1,839 and The Department of the Navy. 201 Advanced Research Project Agency, by and between the Department of Maritime -- Administration and Halter Marine, Inc.
Excluded Personal Property Items Excluded from Exhibit "B" From Exhibit "B", Personal Property (Computer Equipment): Exclude all leased items of computer equipment. Exhibit B-2 Leased Personal Property (from GE) "Excluded Leased Personal Property"
Plant Mfg/Model Asset Cat. Detail Leased Status - ----------- ----------------------------------- ------------ ---------------------------------- ----------- ---------- 41 (1053) Caterpillar Model TIT83 R S/N 3RN01488, 4,963 Hours o Telescopic Boom Rough Terrain Forklift. Leased GE Capital. HMI Vessel Lease, equip. at FGO 41 (1054) Caterpillar Model TH63 R S/N 5WM02101 o Telescopic Boom Rough Terrain Forklift. Leased GE Capital. HMI Vessel Lease, equip at FGO 41 (3047) Caterpillar Model TH83 R S/N 3RN01720, 8,000 b. o Telescopic Boom Rough Terrain Capacity, 41' Max. Lift Height, Forklift, Leased GE Capital. HMI 4WD, 4WS, Cab, Forks and Bucket, Vessel lease, equip. at FGO 3,109 hours 41 (4001) Manitowoc Model 888 EPIC R S/N ###-###-#### o 250 Ton Conventional Crawler Crane Leased GE Capital, HMI Vessel Lease, equip. at FGO 41 (4003) Caterpillar Model TH63 R S/N 5WMO2002 o Telescopic Boom Rough Terrain Forklift Leased GE Capital, HMI Vessel Lease, equip. at FGO
81-Moss Point Marine O-Operational Equipment 84-Halter Lockport F-Facility Equipment by "Lot" 86-Halter Moss Point R-Rollingstock 88-Halter Gulfport 258-Halter Port Bienville W-Welding Equipment 292-Halter Pascagoula
Plant Mfg/Model Asset Cat. Detail Leased Status - ----------- ----------------------------------- ------------ ---------------------------------- ----------- ---------- 41 (4064) Caterpillar Model TH83 R S/N 3RN01350 o Telescopic Boom Rough Terrain Forklift, Leased GE Capital. HMI Vessel Lease, equip. at FGO 41 (4069) CATERPILAR TH63 FORKLIFT R 5WM02283 o TELESCOPIC Leased GE Capital. HMI Vessel Lease, equip. at FGO 41 (4082) Manitowoc Model 888 EPIC R S/N ###-###-#### (1998) o 250 Ton Conventional Crawler Crane Leased GE Capital. HMI Vessel Lease, equip. at FGO 41 (4084) Manitowoc Model 888 EPIC R S/N ###-###-#### (1998) o 250 Ton Conventional Crawler Crane Leased GE Capital. HMI Vessel Lease, equip. at FGO 41 (6252) CATERPILAR TH63 TELESCOPIC R 5WM01852 o FORKLIFT. Leased GE Capital. HMI Vessel Lease, equip. at FGO 41 (6306) CATERPILAR 416c R 4ZN00791 o LOADER/BACKHOE. Leased GE Capital. HMI Vessel Lease, equip. at FGO 41 (6371) CATERPILAR TH83 TELESCOPIC R 3RN1682 o FORKLIFT. Leased GE Capital. HMI Vessel Lease, equip. at FGO
81-Moss Point Marine O-Operational Equipment 84-Halter Lockport F-Facility Equipment by "Lot" 86-Halter Moss Point R-Rollingstock 88-Halter Gulfport 258-Halter Port Bienville W-Welding Equipment 292-Halter Pascagoula
Plant Mfg/Model Asset Cat. Detail Leased Status - ----------- ----------------------------------- ------------ ---------------------------------- ----------- ---------- 44 (0093) GEHL 883 Forklift, Leased R JN027984 o GE Capital 44 (2970) American Model 9310 225 R S/N GS19078 (1978) o Ton Conventional Crawler Crane Leased GE Capital, equip. located at FGH Central 44 (2976) American Model 9310 225 R S/N 8103A02655 (1981) o Ton Conventional Crawler Crane. Leased GE Capital, equip. located at FGH Central 44 (2976) American Model 9310 225 R S/N 8103A02655 (1981) o Ton Conventional Crawler Crane Leased GE Capital, equip. located at FGH Central 44 MANITOWOC. Leased GE Capital R #22 BOOM SECTION 10' for 888 44 MANITOWOC. Leased GE Capital R #22 BOOM SECTION 20' for 888 51 (0093) Gehl 883 Forklift FGO R o Lease w/GE Capital. Equipment at FGH Central 51 (2938) GROVE MX82C MANLIFT, HMI R o lease w/ GE Capital, equipment at FGO. 51 (3046) TAYLOR TE300S FORKLIFT. R o HMI lease w/GE Capital. Equipment at FGO.
81-Moss Point Marine O-Operational Equipment 84-Halter Lockport F-Facility Equipment by "Lot" 86-Halter Moss Point R-Rollingstock 88-Halter Gulfport 258-Halter Port Bienville W-Welding Equipment 292-Halter Pascagoula
Plant Mfg/Model Asset Cat. Detail Leased Status - ----------- ----------------------------------- ------------ ---------------------------------- ----------- ---------- 81 (3025) Grove Model RT58C 18 Ton R S/N 74334 o Rough Terrain Hydraulic Crane. Leased GE Capital. 81 (3042) Taylor Model TEB-300L R S/N S-C4-22627 (1994), Diesel, o 30,000 Lb. Forklift, Leased GE Single "Big Wheel" Pneumatic Capital Tires. Enclosed Cab, 7' Forks. 81 (6044) Manitowoc 4100W SII Leased R 41875 o GE Capital 84 (2990) Caterpillar Model TH83 R S/N 3RND1333(1998) o Telescopic Boom Rough Terrain Forklift, Leased GE Capital 84 (3024) Manitowoc Model 888 Epic R S/N ###-###-#### (1998) o 220 Ton Conventional Crawler Crane, Leased GE Capital 86 (2933) Grove Model RT58D 20 Ton R S/N 81704 (1995), Diesel with o Hydraulic Crane, Leased GE Capital Load Indicator, 80' Boom, 4 Part Block 86 (3009) Caterpillar Model TH63 R S/N 5WM01919, 40' Boom o Telescoping Forklift Truck, Leased GE Capital 86 (3023) Manitowoc Model 888 225 R S/N ###-###-#### (1998), With 160' o Ton Crawler Crane. Leased GE Boom, 40' lb. Section Headache Capital. Ball & Heavy Load Block
81-Moss Point Marine O-Operational Equipment 84-Halter Lockport F-Facility Equipment by "Lot" 86-Halter Moss Point R-Rollingstock 88-Halter Gulfport 258-Halter Port Bienville W-Welding Equipment 292-Halter Pascagoula
Plant Mfg/Model Asset Cat. Detail Leased Status - ----------- ----------------------------------- ------------ ---------------------------------- ----------- ---------- 86 (3033) Taylor Model TE300M 30,000 R S/N SH624835 o lb. Diesel Yard Forklift Truck, Leased GE Capital 86 (3037) Manitowoc 888 Leased GE R ###-###-#### o Capital 88 (3011) Caterpillar Model TH63 R S/N 5WM01853, 4,721 Hours o Diesel 6,000 Lb. Capacity Telescoping Boom Forklift Truck, Leased GE Capital 88 (3029) Manitowoc Epic 888 250 Ton R S/N ###-###-#### (1998) Move to o Conventional Crawler Crane, Gulfport 1/17/01 Leased GE Capital 88 (3039) Taylor THD-300S Forklift R S-T3-27721 o Leased GE 88 (3040) Taylor THD-300S Forklift R S-T3-27720 o Leased GE 88 (3041) American Model 9310 225 R S/N 9511A010014, 149' Total o Ton Capacity Track Type Crawler Boom, Headache Ball Heavy Duty Crane, Leased GE Capital Block, Brake Controlled Drum 258 (3017) Caterpillar Model TH83 R S/N 3RN01355 o Telescopic Boom Rough Terrain Forklift, Leased GE Capital 258 (3045) Taylor TEB-300L Forklift, R S-C4-23740 o Leased GE
81-Moss Point Marine O-Operational Equipment 84-Halter Lockport F-Facility Equipment by "Lot" 86-Halter Moss Point R-Rollingstock 88-Halter Gulfport 258-Halter Port Bienville W-Welding Equipment 292-Halter Pascagoula
Plant Mfg/Model Asset Cat. Detail Leased Status - ----------- ----------------------------------- ------------ ---------------------------------- ----------- ---------- 258 (3065) Grove Model RT58D 18 Ton R S/N 81566 o Rough Terrain Hydraulic Crane, leased GE Capital 258 (4062) Manitowoc Model 888 Epic R S/N ###-###-#### (1998) o 250 Ton Conventional Crawler Crane, Leased GE Capital 292 (2934) Clark Model C500Y-S300, R S/N Y2235HH-0005-8511 (1993). o 30,000 Lb. Forklift, Leased GE Diesel, 216' Lift, Dual Solid Capital Cushion Tires, Side Shift, Power Fork Positioning, 8' Forks, Open Cab 292 (2943) Grove RT58D Cherry Picker, R 82890 o Leased GE Capital 292 (2944) Link Belt Model HSP-8050, R S/N 5314-0537 (1984), Cummins o 50 Ton Rough Terrain Hydraulic Diesel. 80' to 85' Boom, 4WD, Crane, Leased GE Capital 4WS, Auxiliary Winch, Anti Two-Block, Micro Guard 425 Load Monitor 292 (4085) Manitowoc Model 4100-W R S/N 413136 (1990) o Vicon Series 2, 200 Ton Conventional Crawler Crane, Leased GE Capital 051 (3012) CATERPILAR TH63 TELESCOPIC R o FORKLIFT HMI Lease w/GE Capital
81-Moss Point Marine O-Operational Equipment 84-Halter Lockport F-Facility Equipment by "Lot" 86-Halter Moss Point R-Rollingstock 88-Halter Gulfport 258-Halter Port Bienville W-Welding Equipment 292-Halter Pascagoula
Plant Mfg/Model Asset Cat. Detail Leased Status - ----------- ----------------------------------- ------------ ---------------------------------- ----------- ---------- 052 (3098) CAT TH63 TELESCOPIC F/L R o HMI lease w/GE Capital
81-Moss Point Marine O-Operational Equipment 84-Halter Lockport F-Facility Equipment by "Lot" 86-Halter Moss Point R-Rollingstock 88-Halter Gulfport 258-Halter Port Bienville W-Welding Equipment 292-Halter Pascagoula