Extract to table

(i) certificates of authority, corporate resolutions, and good standing certifications; (j) apostilled and authenticated corporate documentation as may be required by the Court or the parties; and (k) any and all other documents, instruments, certificates, and writings reasonably necessary or advisable to effectuate the settlement and the transactions contemplated by these Resolutions; and it is further RESOLVED, that either Authorized Signatory shall have full authority to act alone and independently, without the joinder or consent of the other, and the signature of either Authorized Signatory alone shall be sufficient to bind the Company and Aegean Fortuna Shipholding Ltd

with respect to all matters authorized herein; joint signature of both Authorized Signatories shall not be required for any document or instrument executed pursuant to these Resolutions; Resolution 3 — Settlement Parameters and Conditions RESOLVED, that any settlement of the Action executed pursuant to these Resolutions shall be subject to and shall incorporate the following parameters and conditions: (a) Maximum Settlement Amount

(inclusive of any insurance contributions from Oceanus P&I or other insurers) shall not exceed Eight Million Five Hundred Thousand Dollars ($8,500,000)

The Company's own corporate contribution toward the settlement payment (net of any insurance contributions received or committed from Oceanus Mutual Protection & Indemnity Club or any other insurer) shall not exceed Six Million Dollars ($6,000,000)

The settlement shall contain an express provision stating that neither the Company nor Aegean Fortuna Shipholding Ltd

as such Authorized Signatory may, in his sole and absolute discretion, deem necessary, appropriate, desirable, or advisable to carry out fully the purposes, intent, and spirit of the foregoing Resolutions, including, without limitation, all actions required in connection with the implementation of the settlement from the date hereof through and including the final payment of all settlement amounts, the filing of the stipulation of discontinuance with the Court, the return or destruction of discovery materials, and the completion of all insurance and lender notification obligations, and the execution and delivery by any Authorized Signatory of any such document or instrument shall be conclusive evidence of his authority to act and of the Company's approval thereof