Agreement to Locate Artifacts by and between Aqua Survey, Inc. and Seafarer Exploration Corp. dated January 17, 2013. Filed with this Form 10-K

Term .The term ("Term') of this Agreement shall commence on the Effective Date and be in full force and effect until April 24, 2013 (the "Termination Date") unless terminated according to Paragraph 9.

Services. Aqua Survey agrees to use it's hest efforts to locate non-ferrous artifacts utilizing its electromagnetic survey technology on behalf of Seafarer (the "Services"). Aqua Survey agrees to provide all equipment and accessories necessary for the performance of the Services. Aqua Survey acknowledges and agrees their status during the performance of this Agreement shall be that of an independent contractor. Aqua Survey represents and warrants to Seafarer that he possesses the skill. experience, diver certifications, licenses (if required by applicable law) of the venues where Aqua Survey will be performing the Services, and equipment necessary to perform the Services contemplated by this Agreement. Aqua Survey agrees to perform the Services with reasonable care and diligence and in compliance with applicable local, state and federal laws, rules, and regulations. Aqua Survey agrees to indemnify and forever hold harmless Seafarer against any expense, costs or payments of any kind. Seafarer has all appropriate permits to do the survey work and agrees to provide a copy of such permit to Aqua Survey. Seafarer, at its earliest convenience, will dig and identify Aqua Survey's targets.

Recovery Fee. Seafarer will pay Aqua Survey a fee of 400,000 shares of its restricted common stock, divided per the following: Two hundred thousand shares upon execution of this agreement and two hundred thousand shares upon confirmation of any non-ferrous artifacts. In order for Aqua Survey to be eligible to receive the Fee all of the following conditions must be met:

Authority. Aqua Survey shall not have any right, power, or authority to create any obligation, express or implied, or make any representations on behalf of Seafarer except as Aqua Survey may he expressly authorized by Seafarer in advance in a writing by Seafarer and then only to the extent of such authorization.

Independent Contractor. At all times during the Term of this Agreement Aqua Survey is acting as an independent contractor and is not an officer, employee, partner, or authorized agent of Seafarer. As an independent contractor Aqua Survey will retain sole and exclusive control of the manner in which these Services are to be performed. As an independent contractor no taxes will be withheld from Aqua Survey's Fee by Seafarer. Aqua Survey will be solely responsible for any and all state, local and/or federal tax obligations. Aqua Survey agrees to hold Seafarer harmless for any expenses, liabilities or obligations of any type concerning taxes or insurance. This Agreement does not create an employer-employee relationship, partnership, joint venture, agency or other such relationship between Seafarer and Aqua Survey.

No Waiver. A waiver by either party of any breach of this Agreement by the other party shall not be construed as a waiver of any such subsequent breach by such party of the same or any other provisions of this Agreement. The failure of a Party to insist upon strict adherence to any term of this Agreement on one or more occasions will not be considered a waiver or deprive that Party of the right thereafter to insist upon adherence to that term of any other term of this Agreement.

Headings. The headings used in this Agreement are for reference purposes only and shall not be deemed a substantive part of this Agreement.

Governing Law. This Agreement shall be construed under and governed by the laws of the State of Florida. Both parties agree that the sole venue for litigation of any dispute arising under this agreement will be in Hillsborough County, Tampa, Florida.

Entire Agreement. This Agreement constitutes the entire agreement between the parties pertaining to the subject matter hereof and supersedes and cancels any prior communications, representations, understandings, and agreements, whether verbal or in writing, between the parties. No modifications of or changes to this Agreement shall be binding, nor can any of its provisions be waived, unless agreed to in writing by the parties.