Gulfmark Offshore Inc Watch

from 8-K 279 pages Dated as of November 14, 2017 (1) Gulfmark Rederi as as Original Borrower (2) Gulfmark Offshore, Inc. as Parent and an Original Guarantor (3) the Subsidiary Guarantors Listed in Part 1 Schedule 1 as Original Guarantors (4) Dnb Markets Inc. as Mandated Lead Arranger and Bookrunner (5) the Financial Institutions Listed in Part 2 of Schedule 1 as Original Lenders (6) Dnb Bank Asa, New York Branch Acting as Agent (7) Dnb Bank Asa, New York Branch Acting as Security Trustee (8) Dnb Bank Asa, New York Branch as Issuing Bank (9) Dnb Capital LLC as Swingline Lender $125,000,000 Multicurrency Credit Facility Agreement Contents

from 8-K 12 pages To: Gulfmark Americas, Inc. (The “Borrower”) Gulfmark Management, Inc. (The “Pledgor” And, Together With Borrower, “You”) 842 West Sam Houston Parkway North, Suite 400 Houston, Texas 77024 United States Attention: Chief Financial Officer From: The Royal Bank of Scotland PLC (In Its Capacity as Agent for the Lenders) Syndicated Loans Agency Corporate & Institutional Banking, 250 Bishopsgate London, Ec2m 4aa United Kingdom Dear Sirs, Multicurrency Facility Agreement Dated 26 September 2014 (As Amended, Supplemented and/or Restated From Time to Time and as Last Amended on 31 March 2016) (The “Facility Agreement”, Capitalised Terms Used but Not Defined Herein as Therein Defined). 1. Introduction

from 8-K 9 pages First Amendment to Senior Secured Super-Priority Debtor in Possession Credit Agreement

from 8-K 11 pages To: Gulfmark Americas, Inc. (The “Borrower”) Gulfmark Management, Inc. (The “Pledgor” And, Together With Borrower, “You”) 842 West Sam Houston Parkway North, Suite 400 Houston, Texas 77024 United States Attention: Chief Financial Officer From: The Royal Bank of Scotland PLC (In Its Capacity as Agent for the Lenders) Syndicated Loans Agency Corporate & Institutional Banking, 250 Bishopsgate London, Ec2m 4aa United Kingdom Dear Sirs, Multicurrency Facility Agreement Dated 26 September 2014 (As Amended, Supplemented and/or Restated From Time to Time and as Last Amended on 31 March 2016) (The “Facility Agreement”, Capitalised Terms Used but Not Defined Herein as Therein Defined). 1. Introduction

from 8-K 9 pages To: Gulfmark Americas, Inc. (The “Borrower”) Gulfmark Management, Inc. (The “Pledgor” And, Together With Borrower, “You”) 842 West Sam Houston Parkway North, Suite 400 Houston, Texas 77024 United States Attention: Chief Financial Officer From: The Royal Bank of Scotland PLC (In Its Capacity as Agent for the Lenders) Syndicated Loans Agency Corporate & Institutional Banking, 250 Bishopsgate London, Ec2m 4aa United Kingdom Dear Sirs, Multicurrency Facility Agreement Dated 26 September 2014 (As Amended, Supplemented and/or Restated From Time to Time and as Last Amended on 31 March 2016) (The “Facility Agreement”, Capitalised Terms Used but Not Defined Herein as Therein Defined). 1. Introduction

from 8-K 105 pages Second Amendment and Restatement Agreement Dated 18 May 2017 Between Gulfmark Rederi as as Borrower and the Other Loan Parties Party Hereto Provided by the Banks and Financial Institutions Listed in Schedule 1 as Lenders With Dnb Bank Asa as Arranger and Dnb Bank Asa as Agent Relating to a Senior Secured Revolving Credit Facility Agreement Originally Dated 27 December 2012, as Amended and Restated as of 23 October 2014 and as Further Amended and Restated as of 18 May 2017

from 8-K 171 pages $35,000,000 Senior Secured Super-Priority Debtor in Possession Credit Agreement Dated as of May 18, 2017 Among Gulfmark Offshore, Inc., a Debtor and Debtor-In-Possession, as the Borrower, Gulfmark Rederi As, as Lender and Dnb Bank Asa, as Issuing Bank

from 8-K 5 pages Dear Sirs, Gulfmark Rederi as – Nok 600,000,000 Secured Revolving Credit Facility Agreement Dated 27 December 2012 (As Later Amended and Restated, the "Agreement") 1. Introduction 1.1 Reference Is Made to the Agreement. Terms Used in This Support Letter Extension (The "Extension Letter") Shall, Unless Defined Herein, Have the Same Meaning Ascribed to Such Terms in the Agreement. 1.2 Reference Is Also Made to the Interim Utilisation Letter Dated 17 March 2017 (The "Interim Utilisation Letter"), Under Which We Agreed to Let You Draw Down Usd 10,000,000 Subject to Certain Terms as Set Out Therein

from 8-K 5 pages Dear Sirs, Gulfmark Rederi as – Nok 600,000,000 Secured Revolving Credit Facility Agreement Dated 27 December 2012 (As Later Amended and Restated, the "Agreement") 1. Introduction 1.1 Reference Is Made to the Agreement. Terms Used in This Support Letter Extension (The "Extension Letter") Shall, Unless Defined Herein, Have the Same Meaning Ascribed to Such Terms in the Agreement. 1.2 Reference Is Also Made to the Interim Utilisation Letter Dated 17 March 2017 (The "Interim Utilisation Letter"), Under Which We Agreed to Let You Draw Down Usd 10,000,000 Subject to Certain Terms as Set Out Therein

from 10-K 6 pages To: Gulfmark Americas, Inc. (The “Borrower”) 842 West Sam Houston Parkway North, Suite 400 Houston, Texas 77024 United States Attention: Chief Financial Officer Gulfmark Offshore, Inc. (The “Parent” And, Together With the Borrower, “You”) 842 West Sam Houston Parkway North, Suite 400 Houston, Texas 77024 United States Attention: Chief Financial Officer From: The Royal Bank of Scotland PLC (In Its Capacity as Agent for the Lenders) Syndicated Loans Agency Corporate & Institutional Banking, 250 Bishopsgate London, Ec2m 4aa United Kingdom Dear Sirs, Multicurrency Facility Agreement Dated 26 September 2014 (As Amended, Supplemented and/or Restated From Time to Time and as Last Amended on 31 March 2016) (The “Facility Agreement”, Capitalised Terms Used but Not Defined Herein as Therein Defined) 1. Introduction 1.1 Reference Is Made to the Facility Agreement and the Letter Agreement, Dated 8 March 2017, Between You and the Agent (The “Interim Funding Letter”). This Letter Is Referred to as the “Support Letter”. 1.2 You Have Requested, and the Agent (Acting on the Instructions of the Majority Lenders) Has Agreed to Forbear From Exercising Any Remedies in Respect of the Enumerated Defaults (As Defined Below) During the Support Period (As Defined Below) on the Terms of This Support Letter. 2. Support Period

from 10-Q 8 pages Addendum No 5 to a Nok 600,000,000 Multi-Currency Revolving Credit Facility Agreement Originally Dated 27 December 2012, and as Amended by an Amendment and Restatement Agreement Dated 23 October 2014

from 10-Q 10 pages Addendum No 4 to a Nok 600,000,000 Multi-Currency Revolving Credit Facility Agreement Originally Dated 27 December 2012, and as Amended by an Amendment and Restatement Agreement Dated 23 October 2014

from 8-K 14 pages Addendum No 3 to a Nok 600,000,000 Multi-Currency Revolving Credit Facility Agreement Originally Dated 27 December 2012, and as Amended by an Amendment and Restatement Agreement Dated 23 October 2014

from 8-K 12 pages Addendum No 2 to a Nok 600,000,000 Multi-Currency Revolving Credit Facility Agreement Originally Dated 27 December 2012, and as Amended by an Amendment and Restatement Agreement Dated 23 October 2014

from 8-K 4 pages Addendum to a Nok 600,000,000 Multi-Currency Revolving Credit Facility Agreement Originally Dated 27 December 2012, and as Amended by an Amendment and Restatement Agreement Dated 23 October 2014

from 8-K 70 pages This Secured Revolving Credit Facility Agreement Is Originally Dated 27 December 2012 as Amended and Restated by an Amendment and Restatement Agreement Dated 23 October 2014 and Made Between: (1) Gulfmark Rederi as of Strandgata 5, 4307 Sandnes, Norway, Organisation No. 979 212 658, as Borrower (The “Borrower”); (2) the Banks and Financial Institutions Listed in Schedule 1, as Original Lenders (Together, the “Lenders”); (3) Dnb Bank Asa of Lars Hillesgt 30, N-5020 Bergen, Norway, Organisation Number 984 851 006, as Mandated Lead Arranger (The “Arranger”); and (4) Dnb Bank Asa of Lars Hillesgt 30, N-5020 Bergen, Norway, Organisation Number 984 851 006, as Bookrunner, Facility and Syndication Agent (The “Agent”)

from 8-K 13 pages Amendment and Restatement Agreement Dated 23 October 2014 Between Gulfmark Rederi as as Borrower Provided by the Financial Institutions Listed in Schedule 1 as Lenders With Dnb Bank Asa as Arranger and Dnb Bank Asa as Agent Relating to a Nok 600,000,000 Senior Secured Revolving Credit Facility Agreement Originally Dated 27 December 2012 Table of Content

from 8-K 9 pages Addendum No 1 to the Multi-Currency Revolving Credit Facility Agreement Dated 27 December 2012

from 10-K 85 pages Dated 1st June 2006 Gulfmark Rederi as (As Borrower) - And - Dnb Nor Bank Asa and Others (As Banks) -And - Dnb Nor Bank Asa (As Mandated Lead Arranger) -And - Dnb Nor Bank Asa (As Agent and Security Trustee) US$30,000,000 Secured Reducing Revolving Loan Facility Agreement Stephenson Harwood One, St. Paul’s Churchyard London Ec4m 8sh Tel: 020 7329 4422 Fax: 020 7329 7100 Ref: 1313 Contents

from 10-K 75 pages Dated 1st June 2006 Gulf Shore N.S. Limited (As Borrower) - And - Dnb Nor Bank Asa and Others (As Banks) -And - Dnb Nor Bank Asa (As Mandated Lead Arranger) -And - Dnb Nor Bank Asa (As Agent and Security Trustee) US$60,000,000 Secured Reducing Revolving Loan Facility Agreement Stephenson Harwood One, St. Paul’s Churchyard London Ec4m 8sh Tel: 020 7329 4422 Fax: 020 7329 7100 Ref: 1313 Contents