Item 5.03 - Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On September 17, 2009, the Board of Directors (the "Board") of Tidewater Inc. (the "Company") approved and adopted an amendment and restatement of the Company's Bylaws to clarify the entitlement of directors, officers and employees of the Company to corporate indemnification (the "Amendment"). The Amendment was effective upon adoption by the Board.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

The following are filed as exhibits to this report:

Exhibit No. Description

10.1 Bylaws of Tidewater Inc., as amended through September 17, 2009.

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