TRICO MARINE SERVICES INC
<DOCUMENT>
<TYPE>EX-10
<SEQUENCE>4
<FILENAME>trico10kexhibit1011.htm
<TEXT>

<HTML>



<body>

<b>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">&nbsp;</p>
<font SIZE="4">
<p ALIGN="CENTER">SUPPLEMENTAL AGREEMENT</p>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">to a loan agreement</p>
<p ALIGN="CENTER">in the equivalent amount of NOK&nbsp;125,000,000.- of</p>
<p ALIGN="CENTER">18 April 2000</p>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">BETWEEN</p>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">Trico Shipping AS</p>
<p ALIGN="CENTER">(as borrower)</p>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">AND</p>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">DEN NORSKE BANK ASA</p>
<p ALIGN="CENTER">Nedship Bank N.V.</p>
<p ALIGN="CENTER">acting through its Norwegian branch</p>
<p ALIGN="CENTER">Nedship Bank (Nordic)</p>
<p ALIGN="CENTER">(as banks)</p>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">and</p>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">DEN NORSKE BANK ASA</p>
<p ALIGN="CENTER">(as Agent)</p>
</font>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>Wikborg, Rein &amp; Co</p>
<p>Olav Kyrresgt. 11</p>
<p>P.O.Box 1233 Sentrum</p>
<p>5811 Bergen</p>
<p>Norway</p>
<p>Telefax 47 55 21 52 03</p>
<p>Telephone 47 55 21 52 00</p>
</b>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">&nbsp;</p>
<b><font SIZE="4">
<p ALIGN="CENTER">SUPPLEMENTAL AGREEMENT</p>
</font></b>
<p ALIGN="CENTER">&nbsp;</p>
<p>THIS SUPPLEMENTAL AGREEMENT IS MADE THE 19TH DAY OF JUNE 2000 BETWEEN</p>
<p>&nbsp;</p>
<blockquote>
	<blockquote>
		<b>
		<p>1) TRICO SHIPPING AS</p>
		</b>
		<p>(organisation no 976 854 020)</p>
		<p>P.O.Box 85</p>
		<p>6090 Fosnavag</p>
		<p>Telephone No. +</p>
		<p>Telefax No. +</p>
		<p>(hereinafter called the &quot;Borrower&quot;)</p>
		<b>
		<p>2) DEN NORSKE BANK ASA</p>
		</b>
		<p>P.O.Box 7100</p>
		<p>5020 Bergen</p>
		<p>Norway</p>
		<p>Telephone No. +4755 21 10 00</p>
		<p>Telefax No. +4755 21 19 24 and</p>
		<b>
		<p>NEDSHIP BANK N.V.</p>
		<p>acting through its Norwegian branch</p>
		<p>Nedship Bank (Nordic)</p>
		</b>
		<p>P.O.Box 701 Sentrum</p>
		<p>5807 Bergen</p>
		<p>Norway</p>
		<p>Telephone No. +47 55 30 94 00</p>
		<p>Telefax No. +47 55 30 94 50</p>
		<p>(hereinafter called the &quot;Banks&quot;), and</p>
		<b>
		<p>3) DEN NORSKE BANK ASA</p>
		</b>
		<p>P.O.Box 7100</p>
		<p>5020 Bergen</p>
		<p>Norway</p>
		<p>Telephone No. +4755 21 10 00</p>
		<p>Telefax No. +4755 21 19 24</p>
		<p>(as &quot;Agent&quot;)</p>
		<p>&nbsp;</p>
		<b>
		<p>&nbsp;</p>
		</blockquote>
	</blockquote>
	<p>WHEREAS</p>
	<blockquote>
		<blockquote>
		</b>
		<p>A. The Banks have entered into a loan agreement with the Borrower in
		the equivalent amount of NOK&nbsp;125,000,000.- dated the 18 April 2000
		(hereinafter called the &quot;Loan Agreement&quot;).</p>
		<p>&nbsp;</p>
		<p>&nbsp;</p>
		<p>B. The Borrower has the 2 May 2000 prepaid in full the amount drawn
		under the Loan Agreement being USD&nbsp;14,673,765.97 and in connection
		with the said prepayment the Borrower has requested the Banks to be
		allowed to draw the Loan again. The Banks have accepted the Borrower's
		request on the condition that this Agreement is entered into between the
		Borrower, the Banks and the Agent.</p>
		<p>C. This Agreement shall be construed as being in all respects
		supplemental to the Loan Agreement.</p>
		<p>&nbsp;</p>
		<b>
		<p>&nbsp;</p>
		</blockquote>
	</blockquote>
	<p>NOW IT IS HEREBY AGREED AS FOLLOWS</p>
	<p>&nbsp;</p>
	<blockquote>
		<blockquote>
			<p>1. Definitions</p>
		</blockquote>
	</blockquote>
	<p>1.01.</p>
</b>
<p>In this agreement unless the context otherwise requires, terms defined in the
Loan Agreement shall bear the same meaning when used herein. In addition the
Loan Agreement means the Loan Agreement as supplemental and amended by this
Agreement.</p>
<p>&nbsp;</p>
<blockquote>
	<blockquote>
		<b>
		<p>2. Conditions</p>
		</blockquote>
	</blockquote>
	<p>2.01.</p>
</b>
<p>The obligation of the Bank to accept the Borrower's requests set forth in
Recital B above shall be subject to the condition that the Bank has received the
following documents in a form satisfactory to the Bank and its legal advisors.</p>
<blockquote>
	<blockquote>
		<p>a. a Company Certificate in respect of the Borrower, and</p>
		<p>b. a Company Certificate in respect of the Guarantor, and</p>
		<p>c. confirmation from the Guarantor that the Guarantee remains in full
		force and effect, and</p>
		<p>d. evidence that the Borrower has paid all costs (including breakage
		costs) in connection with the prepayment of the Loan, and</p>
		<p>e. such legal opinions as the Bank may require in respect of UK and
		Norwegian law.</p>
		<b>
		</blockquote>
	</blockquote>
	<p>2.02.</p>
</b>
<p>In consideration of the Banks' agreement to the Borrower's request set
forth in Recital B the Borrower shall pay to the Banks (i) a commitment fee of
0,50% per annum calculated from 2 May 2000 until the &quot;new&quot; Drawdown
Date, payable on the &quot;new&quot; Drawdown Date&quot; and (ii) on demand all
cost, expenses and disbursement (including, but not limited to legal fees and
printing, publication and travelling expenses) incurred by the Banks in the
negotiation, preparation and completion of this Agreement and the maintenance,
protection and enforcement of any of its rights hereunder.</p>
<b>
<p>&nbsp;</p>
<p>&nbsp;</p>
<blockquote>
	<blockquote>
		<p>3. Amendments to the Loan Agreement</p>
	</blockquote>
</blockquote>
<p>3.01.</p>
</b>
<p>With effect on and from 2 May 2000 the Loan Agreement shall be amended in the
following respects:</p>
<blockquote>
	<blockquote>
		<p>A. In Clause 2 (&quot;Definitions&quot;) in the definition of
		&quot;Commitment Period&quot; the date &quot;30 April 2000&quot; to be
		deleted and substituted by &quot;31 July 2000&quot;.</p>
		<p>&nbsp;</p>
		<p>B. The provision of Clause 8.03 shall not be applied for the
		prepayment made by the Borrower the 2 May 2000.</p>
		<p>&nbsp;</p>
	</blockquote>
</blockquote>
<b>
<p>3.02.</p>
</b>
<p>All references in the Security Documents to &quot;the Loan Agreement&quot;
shall be interpreted as references to the Loan Agreement as amended hereby.</p>
<b>
<p>&nbsp;</p>
<p>3.03.</p>
</b>
<p>By construing references herein to &quot;this Loan Agreement&quot;,
&quot;this Agreement&quot;, &quot;herein&quot;, &quot;hereunder&quot; in like
terms as if the same referred to the Loan Agreement as amended hereby.</p>
<b>
<p>&nbsp;</p>
<p>3.04.</p>
</b>
<p>Subject only to the modifications set out in this Agreement, the Loan
Agreement shall remain in full force and effect and binding upon the Bank and
the Borrower.</p>
<b>
<p>&nbsp;</p>
<p>&nbsp;</p>
<blockquote>
	<blockquote>
		<p>4. Applicable law</p>
	</blockquote>
</blockquote>
</b>
<p>This Agreement shall be governed by and construed in accordance with
Norwegian law.</p>
<p>The parties accept Bergen Town Court as venue.</p>
<p>&nbsp;</p>
<p>IN WITNESS WHEREOF the parties hereto have caused this Agreement to be duly
executed the day and the year above written.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>For and on behalf of For and on behalf of</p>
<b>
<p>TRICO SHIPPING AS p.p. DEN NORSKE BANK ASA</p>
</b>
<p>_____________________.
_____________________.</p>
<p>For and on behalf of</p>
<b>
<p>NEDSHIP BANK N.V</b>. <b>acting through its Norwegian branch Nedship Bank
(Nordic)</p>
</b>
<p>&nbsp;</p>
<p>___________________.</p>
<p>For and on behalf of</p>
<b>
<p>p.p. <a NAME="B_HILSEN"></a>DEN NORSKE BANK ASA</p>
</b>
<p>___________________.</p>
<p>(as Agent)</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>As guarantor for the Borrower's obligations under the Loan Agreement, we
hereby confirm that we have no objections to the prepayment and subsequent
redraw of the Loan and to this Agreement, and we further confirm that the
Guarantee remains in full force and effect.</p>
<p ALIGN="CENTER">For and on behalf of</p>
<b>
<p ALIGN="CENTER">TRICO SUPPLY ASA</p>
</b>
<p ALIGN="CENTER">&nbsp;</p>
<p ALIGN="CENTER">____________________.</p>

</body>

</HTML>
</TEXT>
</DOCUMENT>
