Extract to table

Any expansion or modification of the scope of services described herein must be agreed in writing by both Calderwood & Harkness and Thalassa prior to the commencement of any such additional services

For purposes of day-to-day communications and coordination, the primary points of contact at Calderwood & Harkness shall be: • Ian Blackwood — for partner-level strategic matters, escalation of negotiation points, and overall engagement oversight

The hourly rates set forth above are subject to adjustment on an annual basis, typically effective January 1 of each calendar year, in accordance with the Firm's standard rate review process; provided, however, that no adjustment to hourly rates shall take effect during the term of this engagement without not less than thirty (30) days' prior written notice to Thalassa

2 Fee Cap Notwithstanding the foregoing hourly rate structure, the Firm's aggregate professional fees for the negotiation and documentation of the Facility through the closing date shall not exceed Six Hundred Fifty Thousand Dollars ($650,000) (the "Fee Cap")

For the avoidance of doubt, the Fee Cap shall apply regardless of whether the Facility closes

Upon execution of this engagement letter, Thalassa shall pay to Calderwood & Harkness a retainer in the amount of Seventy-Five Thousand Dollars ($75,000) (the "Retainer")