Sep.30.2014 06:25 PM SOUTH VALLEY PEST CONTROL 8053432707 PAGE Page 1 of 8 IN THE CIRCUIT COURT FOR THE THIRTEENTH JUDICIAL CIRCUIT IN AND FOR HILLSBOROUGH COUNTY, FLORIDA, CIVIL DIVISION SEAFARER EXPLORATION CORP., Plaintiff, CASE NO.: 14-CA-8902 DIV: B DARRELL VOLENTINE, an individual, ‘The Plaintiff, SEAFARER EXPLORATION, CORP. and Defendant, DARRELL VOLENTINE, hereby stipulate and agree to the entry of a final judgment in this matter to include the entry of a permanent injunction. The Parties hercby agree to the entry of the final judgment in this matter, and the imposition of the permanent injunction against Darrell Volentine under the following terms to be set forth in the Final Judgment and Permanent Injunction to be submitted to the Court 1, Seafarer Exploration, Corp. and Darrell Volentine, hereby agree that Darrell Volentine is aware of all allegations in complaint, the emergency motion for entry of an immediate injunction and the amendment to the emergency motion for injunction filed in this, matter. 2. Defendant Volentine hereby agrees to liability in this matter as to all counts contained in the Complaint, and pleadings, and does hereby stipulate to such damages set forth. omic DL, — see extn om SE uvSep. 30.2014 06:25 PM SOUTH VALLEY PEST CONTROL 8053432707 PAGE. 2/ Page 2 of 6 3. Defendant Volentine hereby agrees that the actual damages due to Seafarer Exploration Corp, are hereby stipulated and agreed to be ten million three hundred sixty thousand dollars ($10,360,000.00) under such stipulated final judgment to be entered in this matter 4, That such damage award of $10,360,000.00 shall remain enforceable for a petiod of seven and one half years which is (90) months from the entry of such final judgment However, the Plaintiff Seafarer Exploration, Corp. and all successors and assigns hereby agree that no collection of such judgment shall proceed or be executed against unless the personal assets, including both real property and/or personal property of any kinds, shall exceed a fair ‘market value of two million four hundred thousand dollars (§2,400,000,00) during any six month period during such 90 months after entry of such final judgment, If such 90 months passes, then such judgment shall no longer be collectible in any manner against Volentine or his estate if then deceased, Darrell Volentine hereby agrees that he does not have the assets or holdings to currently satisfy such judgment. 5. Seafarer Exploration hereby agrees that such judgment shall not be pursued for such initial $2,400,000.00, unless such assets exceed such amount. If such assets exceed such amount, then Seafarer Exploration maintains the right to pursue such amount of judgment over such amount as against Darrell Volentine, or his estate if then deceased. 6. __Inaddition to such judgment, Darrell Volentine, hereby agrees that he will be bound by the Final Judgment to include a permanent life time injunction to include a ban on the following activities or to do the following actions. eee eeSep.30.2014 06:25 PM SOUTH VALLEY PEST CONTROL 8053432707 PAGE. 3/ Pago 3 of 6 4) That VOLENTINE does hereby agree to immediately cease any and all postings on the intemet under whatever alias he may use, or username as to any matter which has to do cither directly or in any manner with either SEAFARER, its employees, agents, representatives, attorneys, contractors, or any other related person including service providers, vendors, investors or anyone identifiable with the Company. b) VOLENTINE must also be temoved as a “moderator” from such boards as he may now exist on from whatever internet sites that exist wherein Seafarer Exploration Corp, its stock or activities are a main subject of discussion. ©) That such injunction extends to all forms of communication, including the internet Postings, intemet message boards, written communication. of any kind in any form to any third party of any kind, Volentine agrees that the Pinel Order to the posted Web Site, InvestorsHub, concerning the postings involving Volentine under the alias or username of BUCCANEERI961 or any other user name or alias, and does by entry of this stipulation request that all such postings to such site be removed and/or deleted that were posted on or after August 1, 2014 on such internet site which is be completely deleted, and he be banned from such postings on the Seafarer Exploration Corp. stock board (SFRX) board on such web site, or any other web site as defined above. It should be noted this will not infringe on Volentine’s abilities to post on InvestorsHub on other stack message boards, since he posts on 16 other Darel Voon fates Expo Coe. ae 8 aside fromSep.30.2014 06:26 PM SOUTH VALLEY PEST CONTROL 8053432707 PAGE, Page 4 of 6 SBAFARER, and may continue to do so as long as there is nothing posted which is constrained by this stipulation or the Final Order. 7. Volentine hereby agrees that his internet postings did materially harm the Company, its shareholders, directors, officers and management to such extent of the damages agreed to in this stipulation. 8. That Volentine chose to proceed pro se in such matter, unrepresented by counsel, and that he had adequate opportunity to retain counsel for such matter and knowingly and voluntarily waived such representation. 9. Volentine agrees that the discussions with Seafarer and their counsel, Craig A. Hufiman occurred on September 29, 2014, and were done at the request of the Court after a hearing on such matter, Therefore Volentine agrees that such discussions occurred with no undue influence or threats of any kind, and mutually agreement was reached in such matter as to the entry of such Stipulated Final Order and Injunction, 10, Both Parties agree that such no press releases or statements shall be released of such stipulation or the entry of the final order shall be made to any outside party, excopt as required by law in any formal filings with the Securities and Exchange Commission for Seafarer Exploration, Both Parties acknowledge that such stipulation and final order shall be of public record and accessible by outside parties as a manner of right 11, That both Volentine and Seafarer Exploration, Corp. hereby agree that the Final al a aySep.30.2014 06:26 PM SOUTH VALLEY PEST CONTROL 8053432707 PAGE. Page 5 of 6 Order of Judgment and Injunetion entered in this cause shall remain enforceable for execution or for violation of such with jurisdiction in this Court during the term as set forth in such stipulation and Final Order. WHEREFORE, the Parties hereby agree (o the entry of the Final Judgment and Permanent Injunction in this matter with such terms of the Final Order of Judgment and Permanent Injunction as set forth herein, Agreedtothis___day of September 2014 For Darrell Volentine, Indjvidually, Swom to this 30 day orcoephentlx , 2014, under penalty of perjury. STATE OF CALIFORNIA Count OF SAMA PLL LA BEFORE ME, the undersigned authority, personally appeared, Desa Bon who were identified via identification EN antier 3-(_,or are personally known to me, who after first béing duly sworn, depose and say Za the foregoing facts set forth in this affidavit are true and correct as herein above stated. SWORN TO AND SUBSCRIBED before me this _day of eft coy 2014, ORT : Ter tue 2057S reo re NOTARY PUBLIC Notary Seat atomncgossoetates My Commission expires: (0/ | 217 Ending October 22017 Agreed to this“)0_ day of September, 2014 For Seafarer Exploration, Corp. 5/Sep. 30.2014 06:26 PM SOUTH VALLEY PEST CONTROL 8053432707 PAGE. 6/ ot L f BXecutive Officer Signature: By Kyle K ici cnt oxtnin on