ADDITIONS, DELETIONS AND AMENDMENTS TO EXHIBIT. 1 The following additions, deletions and amendments are hereby made to Exhibit 1 hereto: (a) Concerning Subsection 2(a) of Exhibit 1: Subsection 2(a) of Exhibit 1 hereto is amended by adding the following sentence at the end thereof: "Wherever reference is made in this Exhibit 1 to Title XI Reserve Fund and Financial Agreement to the Title XI Reserve Fund special joint depository account, such reference shall be changed to a separate depository account held by the Title XI Reserve Fund Depository-Bailee, as bailee, in the name of "Trailer Bridge, Inc. entirely as collateral for the United States of America, represented by the Secretary of Transportation, acting by and through the Maritime Administrator (the "Secretary") and held by the Depository- Bailee solely and exclusively as bailee for the Secretary." (b) Concerning Subsection 2(b)(2)(D) of Exhibit 1: Subsection 2(b)(2)(D) of Exhibit 1 hereto is deleted in its entirety and the following substituted in lieu thereof:
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Sources: Title Xi Reserve Fund and Financial Agreement (Trailer Bridge Inc), Title Xi Reserve Fund and Financial Agreement (Trailer Bridge Inc)