Common use of The Borrower Clause in Contracts

The Borrower. SIGNED by ) Xx. Xxxxxxxxxx Xxxxxxxxxxx ) for and on behalf of ) COSTAMARE INC., ) as Xxxxxxxx ) /s/ Xxxxxxxxxx Xxxxxxxxxxx in the presence of: ) Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law THE CREDITORS SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of ) COMMERZBANK AKTIENGESELLSCHAFT, ) (as legal successor of ) Deutsche Schiffsbank Aktiengesellschaft), ) as joint Arranger, Security Agent, Swap Bank, ) Agent and Xxxxxx ) /s/ Xxxxxxxxxx Xxxxxxxxxxx in the presence of: ) Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law SIGNED by ) Xxx. Xxxxxxxxx Xxxxxxxxxx and Xx. Xxxxxxxx Xxxxxxxx ) /s/ Xxxxxxxxx Xxxxxxxxxx for and on behalf of ) Attorney-in-fact UniCredit Bank AG ) (formerly Bayerische Hypo-Und ) Vereinsbank Aktiengesellschaft), ) as joint Arranger, ) Account Bank, Swap Bank and Lender ) /s/ Pericles Lycoudis in the presence of: ) Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of ) Credit Suisse AG, ) (formerly Credit Suisse), as Lender ) /s/ Xxxxxxxxxxx X. Xxxxxxx in the presence of: ) Authorised Officer Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of )

The Borrower. SIGNED by ) Xx. Xxxxxxxxxxxx Xxxxxxxxxx Xxxxxxxxxxx ) for and on behalf of ) COSTAMARE INC., ) as Xxxxxxxx ) /s/ Xxxxxxxxxxxx Xxxxxxxxxx Xxxxxxxxxxx in the presence of: ) Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law THE CREDITORS SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of ) COMMERZBANK AKTIENGESELLSCHAFT, AKTIENGESELLSCHAFT ) (as legal successor of ) Deutsche Schiffsbank Aktiengesellschaft), ) as joint Arranger, Security Agent, Swap Bank, ) Agent and Xxxxxx ) /s/ Xxxxxxxxxx Xxxxxxxxxxx X. Xxxxxxx in the presence of: ) Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law SIGNED by ) Xxx. Xxxxxxxxx Xxxxxxxxxx and Xx. Xxxxxxxx Xxxxxxxx ) /s/ Xxxxxxxxx Xxxxxxxxxx for and on behalf of ) Attorney-in-fact UniCredit Unicredit Bank AG ) (formerly Bayerische Hypo-Und ) Vereinsbank Aktiengesellschaft), ) as joint Arranger, ) Account Bank, Swap Bank and Lender ) /s/ Pericles Lycoudis in the presence of: ) /s/ Pericles Lycoudis Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of ) Credit Suisse AG, ) (formerly Credit Suisse), as Lender ) /s/ Xxxxxxxxxxx X. Xxxxxxx in the presence of: ) /s/ Xxxxxxxxxxx X. Xxxxxxx Authorised Officer Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of )

The Borrower. SIGNED by ) Xx. Xxxxxxxxxx Xxxxxxxxxxx Xxxxxxx Xxxxxxx ) for and on behalf of ) COSTAMARE GRAND VENETICO INC.. of Xxxxxxxx Islands, ) as Xxxxxxxx ) /s/ Xxxxxxxxxx Xxxxxxxxxxx in the presence of: ) ) /s/ Xxxxxxx Xxxxxxx Attorney-in-fact Witness: /s/ Xxxxx Xxxxxxxxxx Name: Xxxxx Xxxxxxxxxx Address: 00 Xxxx Xxxxxxx xxx Xxxxxx Xxxxxx, Xxxxxxx, Xxxxxx Occupation: Attorney-at-Law THE CORPORATE GUARANTOR SIGNED by ) Xx. Xxxxx Xxxxxxxxxx ) for and on behalf of ) NewLead Holdings Ltd., of Bermuda, in the presence of: ) ) /s/ Xxxxx Xxxxxxxxxx Attorney-in-fact Witness: /s/ Xxxxxxx Xxxxxxx Name: Xxxxxxx Xxxxxxx Address: 00 Xxxx Xxxxxxx xxx Xxxxxx Xxxxxx, Xxxxxxx, Xxxxxx Occupation: Attorney-at-Law THE APPROVED MANAGER SIGNED by ) Xx. Xxxxxxx Xxxxxxx ) for and on behalf of ) NEWLEAD BULKERS S.A. of Liberia, in the presence of: ) ) /s/ Xxxxxxx Xxxxxxx Attorney-in-fact Witness: /s/ Xxxxx Xxxxxxxxxx Name: Xxxxx Xxxxxxxxxx Address: 00 Xxxx Xxxxxxx xxx Xxxxxx Xxxxxx, Xxxxxxx, Xxxxxx Occupation: Attorney-at-Law THE BANK SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of ) COMMERZBANK AKTIENGESELLSCHAFT in the presence of: ) ) /s/ Xxxxxxxxxxx X. Xxxxxxx Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx, Xxxxxxx, Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law THE CREDITORS SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of ) COMMERZBANK AKTIENGESELLSCHAFT, ) (as legal successor of ) Deutsche Schiffsbank Aktiengesellschaft), ) as joint Arranger, Security Agent, Swap Bank, ) Agent and Xxxxxx ) /s/ Xxxxxxxxxx Xxxxxxxxxxx in the presence of: ) Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law SIGNED by ) Xxx. Xxxxxxxxx Xxxxxxxxxx and Xx. Xxxxxxxx Xxxxxxxx ) /s/ Xxxxxxxxx Xxxxxxxxxx for and on behalf of ) Attorney-in-fact UniCredit Bank AG ) (formerly Bayerische Hypo-Und ) Vereinsbank Aktiengesellschaft), ) as joint Arranger, ) Account Bank, Swap Bank and Lender ) /s/ Pericles Lycoudis in the presence of: ) Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of ) Credit Suisse AG, ) (formerly Credit Suisse), as Lender ) /s/ Xxxxxxxxxxx X. Xxxxxxx in the presence of: ) Authorised Officer Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of )Law

The Borrower. SIGNED by ) Xx. Xxxxxxxxxx Xxxxxxxxxxx Mr. Xxxxxx Xxxxxxx ) for and on behalf of the Borrower ) COSTAMARE STEALTHGAS INC., ) as Xxxxxxxx . ) /s/ Xxxxxxxxxx Xxxxxxxxxxx Xxxxxx Xxxxxxx of Xxxxxxxx Islands, in the presence of: ) Attorney-in-fact Fact Witness: /s/ Xxxxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxxxx Xxxxxxxxx Address: c/o Stealth Maritime Corp. S.A., 000 Xxxxxxxxx Xxxxxx, 000 00 Xxxxxx, Xxxxxx Occupation: Attorney-at-law THE BANK SIGNED by ) Mrs. Xxxxxxxxx Margelou and ) /s/ Xxxxxxxxx Margelou Mr. Cryssoula Voulgari ) Attorney-in-Fact for and on behalf of ) EMPORIKI BANK OF GREECE S.A. ) in the presence of: ) /s/ Cryssoula Voulgari Attorney-in-Fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx X. Xxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx X. Xxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 PiraeusXxxxxxx, Greece Xxxxxx Occupation: Attorney-at-Law THE CREDITORS SIGNED by law 66 SCHEDULE 1 FORM OF DRAWDOWN NOTICE (referred to in Clause 2.2) Xx. To: EMPORIKI BANK OF GREECE S.A. 000 Xxxxxxxxxxx X. Sioufas ) for and on behalf of ) COMMERZBANK AKTIENGESELLSCHAFTXxxxxx, ) (as legal successor of ) Deutsche Schiffsbank Aktiengesellschaft), ) as joint Arranger, Security Agent, Swap Bank, ) Agent and Xxxxxx ) /s/ Xxxxxxxxxx Xxxxxxxxxxx in the presence of: ) Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 XX 185.35 Piraeus, Greece Occupation(the “Bank”) [•], 2008 Re: Attorney-at-Law SIGNED by US$29,437,000 Loan Agreement (the “Loan Agreement”) Xxx. Xxxxxxxxx Xxxxxxxxxx and Xx. Xxxxxxxx Xxxxxxxx dated [•] August, 2008 made between (1) /s/ Xxxxxxxxx Xxxxxxxxxx for and on behalf of ) Attorney-in-fact UniCredit Bank AG ) (formerly Bayerische Hypo-Und ) Vereinsbank Aktiengesellschaft), ) as joint Arranger, ) Account the Bank, Swap Bank as lender, (2) Stealthgas Inc., of Xxxxxxxx Islands, as borrower, (the “Borrower”). We refer to the Loan Agreement and Lender ) /s/ Pericles Lycoudis hereby give you notice that we wish to draw the Commitment in the presence of: amount of $[•] (Dollars [•]) Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeuson [•], Greece Occupation: Attorney-at-Law SIGNED by 2008. We select a first Interest Period in respect of the Loan of [•] months/ terminating on [•], 2008. The funds should be credited to [•] [name and number of account] [•]) Xxwith [•], New York, USA. Xxxxxxxxxxx X. Sioufas ) for and on behalf of ) Credit Suisse AG, ) (formerly Credit Suisse), as Lender ) /s/ Xxxxxxxxxxx X. Xxxxxxx in the presence of: ) Authorised Officer Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of )We confirm that:

The Borrower. SIGNED by ) Xx. Xxxxxxxxxx Xxxxxxxxxxx Xxxxxxx Xxxxxxx ) for and on behalf of ) COSTAMARE INC.Grand Markela Inc., ) as /s/ Xxxxxxx Xxxxxxx of Liberia, in the presence of: ) Attorney-in-Fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxx. Xxxxxxx, Xxxxxx Occupation: Attorney-at-law THE CORPORATE GUARANTOR/PLEDGOR SIGNED by ) Xx. Xxxxxxxxxx-Xxxxx Kallifidas ) for and on behalf of ) NewLead Holdings Ltd., ) /s/ Xxxxxxxxxx-Xxxxx Xxxxxxxxxx Xxxxxxxxxxx of Bermuda, in the presence of: ) Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxx. Xxxxxxx, Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law law THE CREDITORS APPROVED MANAGER SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas Xxxxxxxxxx-Xxxxx Kallifidas ) for and on behalf of ) COMMERZBANK AKTIENGESELLSCHAFTNewleads Bulkers S.A., ) (as legal successor /s/ Xxxxxxxxxx-Xxxxx Xxxxxxxxxx of ) Deutsche Schiffsbank Aktiengesellschaft)Liberia, ) as joint Arranger, Security Agent, Swap Bank, ) Agent and Xxxxxx ) /s/ Xxxxxxxxxx Xxxxxxxxxxx in the presence of: ) Attorney-in-fact Fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxx. Xxxxxxx, Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law law THE BANK SIGNED by ) Mrs. Xxxxxxxxx Margelou ) /s/ Xxxxxxxxx Margelou and Xxx. Xxxxxxxxx Xxxxxxxxxx and Xx. Xxxxxxxx Xxxxxxxx ) /s/ Xxxxxxxxx Xxxxxxxxxx Attorney-in-Fact for and on behalf of ) Attorney-in-fact UniCredit Bank AG EMPORIKI BANK OF GREECE S.A. ) (formerly Bayerische Hypo-Und ) Vereinsbank Aktiengesellschaft), ) as joint Arranger, ) Account Bank, Swap Bank and Lender ) /s/ Pericles Lycoudis in the presence of: ) /s/ Xxxxxxxxx Xxxxxxxx Attorney-in-fact Fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxx. Xxxxxxx, Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of ) Credit Suisse AG, ) (formerly Credit Suisse), as Lender ) /s/ Xxxxxxxxxxx X. Xxxxxxx in the presence of: ) Authorised Officer Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of )law

The Borrower. SIGNED by ) Xx. Xxxxxxxxxx Xxxxxxxxxxx Xxxxxxx Xxxxxxx ) for and on behalf of ) COSTAMARE INC.Grand Markela Inc., ) as /s/ Xxxxxxx Xxxxxxx of Liberia, in the presence of: ) Attorney-in-Fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxx. Xxxxxxx, Xxxxxx Occupation: Attorney-at-law THE EXISTING CORPORATE GUARANTOR SIGNED by ) Xx. Xxxxxxx Xxxxxxx ) for and on behalf of ) Grand union Inc., ) /s/ Xxxxxxx Xxxxxxx of the Xxxxxxxx Islands, in the presence of: ) Attorney-in-Fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxx. Xxxxxxx, Xxxxxx Occupation: Attorney-at-law THE NEW CORPORATE GUARANTOR SIGNED by ) Xx. Xxxxxxxxxx-Xxxxx Kallifidas ) for and on behalf of ) NewLead Holdings Ltd., ) /s/ Xxxxxxxxxx-Xxxxx Xxxxxxxxxx of Bermuda, in the presence of: ) Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxx. Xxxxxxx, Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law law THE CREDITORS APPROVED MANAGER SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas Xxxxxxxx Xxxxxxxxx ) for and on behalf of ) COMMERZBANK AKTIENGESELLSCHAFTNewleads Bulkers S.A., ) (as legal successor /s/ Xxxxxxxx Xxxxxxxxx of ) Deutsche Schiffsbank Aktiengesellschaft)Liberia, ) as joint Arranger, Security Agent, Swap Bank, ) Agent and Xxxxxx ) /s/ Xxxxxxxxxx Xxxxxxxxxxx in the presence of: ) Attorney-in-fact Fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxx. Xxxxxxx, Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law law THE BANK SIGNED by ) Mrs. Xxxxxxxxx Margelou ) /s/ Xxxxxxxxx Margelou and Xxx. Xxxxxxxxx Xxxxxxxxxx and Xx. Xxxxxxxx Xxxxxxxx Xxxxx ) /s/ Xxxxxxxxx Xxxxxxxxxx Attorney-in-Fact for and on behalf of ) Attorney-in-fact UniCredit Bank AG EMPORIKI BANK OF GREECE S.A. ) (formerly Bayerische Hypo-Und ) Vereinsbank Aktiengesellschaft), ) as joint Arranger, ) Account Bank, Swap Bank and Lender ) /s/ Pericles Lycoudis in the presence of: ) /s/ Xxxxxxxxx Xxxxx Attorney-in-fact Fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxx. Xxxxxxx, Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of ) Credit Suisse AG, ) (formerly Credit Suisse), as Lender ) /s/ Xxxxxxxxxxx X. Xxxxxxx in the presence of: ) Authorised Officer Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of )law

The Borrower. SIGNED by ) Xx. Xxxxxxxxxxxx Xxxxxxxxxx Xxxxxxxxxxx ) for and on behalf of ) COSTAMARE INC., . ) as Xxxxxxxx Borrower ) /s/ Xxxxxxxxxx Xxxxxxxxxxx in the presence of: ) Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx 13 Defteras Xxxxxxxxxx Xxxxxx 185 35 Piraeus000 00 Xxxxxxx, Greece Xxxxxx Occupation: Attorney-at-Law THE CREDITORS SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of ) COMMERZBANK AKTIENGESELLSCHAFT, ) (as legal successor of ) Deutsche Schiffsbank Aktiengesellschaft), ) as joint Arranger, Security Agent, Swap Bank, ) Agent and Xxxxxx Lender ) /s/ Xxxxxxxxxx Xxxxxxxxxxx in the presence of: ) Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx 13 Defteras Xxxxxxxxxx Xxxxxx 185 35 Piraeus000 00 Xxxxxxx, Greece Xxxxxx Occupation: Attorney-at-Law SIGNED by ) Xxx. Xxxxxxxxx Xxxxxxxxxx Mrs. Anastasia Kerpinioti and Xx. Xxxxxxxx Xxxxxxxx ) /s/ Xxxxxxxxx Xxxxxxxxxx for and on behalf of ) Attorney-in-fact UniCredit Unicredit Bank AG Ag ) (formerly Bayerische Hypo-Und ) Vereinsbank Aktiengesellschaft), ) as joint Arranger, ) Account Bank, Swap Bank and Lender ) /s/ Pericles Lycoudis in the presence of: ) Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx 13 Defteras Xxxxxxxxxx Xxxxxx 185 35 Piraeus000 00 Xxxxxxx, Greece Xxxxxx Occupation: Attorney-at-Law SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of ) Credit Suisse AG, ) (formerly Credit SuisseCREDIT SUISSE), as Lender ) /s/ Xxxxxxxxxxx X. Xxxxxxx in the presence of: ) Authorised Officer Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Address:13 Defteras Xxxxxxxxxx Xxxxxx 185 35 Piraeus000 00 Xxxxxxx, Greece Xxxxxx Occupation: Attorney-at-Law SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas Xxxxxx Arcadis and Xxxxxxxxx Xxxxxxxxxxxxxxx ) for and on behalf of )) Authorised Officer

The Borrower. SIGNED by ) Xx. Xxxxxxxxxx Xxxxxxxxxxx Mr. Xxxxxx Xxxxxxx ) for and on behalf of the Borrower ) COSTAMARE STEALTHGAS INC., ) as Xxxxxxxx . ) /s/ Xxxxxxxxxx Xxxxxxxxxxx Xxxxxx Xxxxxxx of Xxxxxxxx Islands, in the presence of: ) Attorney-in-fact Fact Witness: /s/ Sophia Damigou Name: Sophia Damigou Address: c/o Stealth Maritime Corp. S.A., 000 Xxxxxxxxx Xxxxxx, 000 00 Xxxxxx, Xxxxxx Occupation: Attorney-at-law THE BANK SIGNED by ) Xx. Xxxxxxx Xxxxxxxx ) /s/ Xxxxxxx Xxxxxxxx Mrs. Xxxxxxxxx-Xxxxxxx Ydreou ) Attorney-in-Fact for and on behalf of ) EFG EUROBANK ERGASIAS S.A. ) in the presence of: ) /s/ Xxxxxxxxx-Xxxxxxx Ydreou Attorney-in-Fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx X. Xxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx X. Xxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 PiraeusXxxxxxx, Greece Xxxxxx Occupation: Attorney-at-Law THE CREDITORS SIGNED by law SCHEDULE 1 FORM OF DRAWDOWN NOTICE (referred to in Clause 2.2) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of ) COMMERZBANK AKTIENGESELLSCHAFTTo: EFG EUROBANK ERGASIAS S.A. 00 Xxxx Xxxxxxx, ) (as legal successor of ) Deutsche Schiffsbank Aktiengesellschaft), ) as joint Arranger, Security Agent, Swap Bank, ) Agent and Xxxxxx ) /s/ Xxxxxxxxxx Xxxxxxxxxxx in the presence of: ) Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 XX 185.38 Piraeus, Greece Occupation(the “Bank”) [•], 2009 Re: Attorney-at-Law SIGNED by US$37,500,000 Loan Agreement (the “Loan Agreement”) Xxx. Xxxxxxxxx Xxxxxxxxxx and Xx. Xxxxxxxx Xxxxxxxx dated [•] February, 2009 made between (1) /s/ Xxxxxxxxx Xxxxxxxxxx for and on behalf of ) Attorney-in-fact UniCredit Bank AG ) (formerly Bayerische Hypo-Und ) Vereinsbank Aktiengesellschaft), ) as joint Arranger, ) Account the Bank, Swap Bank as lender, (2) Stealthgas Inc., of Xxxxxxxx Islands, as borrower, (the “Borrower”). We refer to the Loan Agreement and Lender ) /s/ Pericles Lycoudis hereby give you notice that we wish to draw the Commitment in the presence of: amount of $[•] (Dollars [•]) Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeuson [•], Greece Occupation: Attorney-at-Law SIGNED by 2009. We select a first Interest Period in respect of the Loan of [•] months/ terminating on [•], 2009. The funds should be credited to [•] [name and number of account] [•]) Xxwith [•], New York, USA. Xxxxxxxxxxx X. Sioufas ) for and on behalf of ) Credit Suisse AG, ) (formerly Credit Suisse), as Lender ) /s/ Xxxxxxxxxxx X. Xxxxxxx in the presence of: ) Authorised Officer Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of )We confirm that:

The Borrower. SIGNED by ) Xx. Xxxxxxxxxx Xxxxxxxxxxx Xxxxxxxxxx-Xxxxx Kallifidas ) for and on behalf of ) COSTAMARE INC.Grand Xxxxxxxxx Inc., ) as Xxxxxxxx ) /s/ Xxxxxxxxxx Xxxxxxxxxxx of Liberia, in the presence of: ) /s/ Xxxxxxxxxx-Xxxxx Xxxxxxxxxx Attorney-in-Fact Witness: Name: /s/ Xxxxxxxxxx Xxxxxxxxx Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxx. Xxxxxxx, Xxxxxx Occupation: Attorney-at-law THE CORPORATE GUARANTOR SIGNED by ) Xx. Xxxxxxxxxx-Xxxxx Kallifidas ) for and on behalf of ) NewLead Holdings Ltd., ) of Bermuda, in the presence of: ) /s/ Xxxxxxxxxx-Xxxxx Xxxxxxxxxx Attorney-in-fact Witness: Name: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxx. Xxxxxxx, Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law law THE CREDITORS APPROVED MANAGER SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas Xxxxxxxxxx-Xxxxx Kallifidas ) for and on behalf of ) COMMERZBANK AKTIENGESELLSCHAFTNewlead Bulkers S.A., ) (as legal successor of ) Deutsche Schiffsbank Aktiengesellschaft)Liberia, ) as joint Arranger, Security Agent, Swap Bank, ) Agent and Xxxxxx ) /s/ Xxxxxxxxxx Xxxxxxxxxxx in the presence of: ) /s/ Xxxxxxxxxx-Xxxxx Xxxxxxxxxx Attorney-in-fact Fact Witness: Name: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxx. Xxxxxxx, Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law law THE BANK SIGNED by ) Xxx. Mrs. Xxxxxxxxx Xxxxxxxxxx Ydreou ) and Xx. Xxxxxxxx Xxxxxxxx Mr. Athanassios Doudoulas ) /s/ Xxxxxxxxx Xxxxxxxxxx for and on behalf of ) Attorney-in-fact UniCredit Bank AG EFG EUROBANK ERGASIAS S.A. ) (formerly Bayerische Hypo-Und ) Vereinsbank Aktiengesellschaft), ) as joint Arranger, ) Account Bank, Swap Bank and Lender ) /s/ Pericles Lycoudis in the presence of: ) /s/ Xxxxxxxxx Ydreou Attorney-in-fact Fact /s/ Athanassios Doudoulas Attorney-in-Fact Witness: Name: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxx. Xxxxxxx, Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of ) Credit Suisse AG, ) (formerly Credit Suisse), as Lender ) /s/ Xxxxxxxxxxx X. Xxxxxxx in the presence of: ) Authorised Officer Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of )law

The Borrower. SIGNED by ) Xx. Xxxxxxxxxxxx Xxxxxxxxxx Xxxxxxxxxxx ) for and on behalf of ) COSTAMARE INC., ) as Xxxxxxxx ) /s/ Xxxxxxxxxxxx Xxxxxxxxxx Xxxxxxxxxxx in the presence of: ) Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law THE CREDITORS SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of ) COMMERZBANK AKTIENGESELLSCHAFT, ) (as legal successor of ) Deutsche Schiffsbank Aktiengesellschaft), ) as joint Arranger, Security Agent, Swap Bank, ) Agent and Xxxxxx ) /s/ Xxxxxxxxxx Xxxxxxxxxxx X. Xxxxxxx in the presence of: ) Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law SIGNED by ) Xxx. Xxxxxxxxx Xxxxxxxxxx and Xx. Xxxxxxxx Xxxxxxxx ) /s/ Xxxxxxxxx Xxxxxxxxxx for and on behalf of ) Attorney-in-fact UniCredit Unicredit Bank AG Ag ) (formerly Bayerische HypoBAYERISCHE HYPO-Und UND ) Vereinsbank Aktiengesellschaft), ) as joint Arranger, ) Account Bank, Swap Bank and Lender ) /s/ Pericles Lycoudis in the presence of: ) Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of ) Credit Suisse AG, ) (formerly Credit SuisseCREDIT SUISSE), as Lender ) /s/ Xxxxxxxxxxx X. Xxxxxxx in the presence of: ) Authorised Officer Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law SIGNED by ) Xx. Xxxxxxx Xxxxxxxxxxx and ) Xxxxxxxx Xxxxxxxxx ) /s/ X. Xxxxxxxxxxx for and on behalf of ) Authorised Officer BNP PARIBAS S.A., ) (as successor of FORTIS BANK S.A./N.V.), ) as Lender ) in the presence of: ) Attorney-in-fact ) /s/ Xxxxxxxx Xxxxxxxxx Authorised Officer Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address:00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law SIGNED by ) Xx. Xxxxxxxxxxx X. Sioufas ) for and on behalf of )) HSH NORDBANK AG, ) as Lender and Swap Bank ) /s/ Xxxxxxxxxxx X. Xxxxxxx in the presence of: ) Attorney-in-fact Witness: /s/ Xxxxxxxxxx Xxxxxxxxx Name: Xxxxxxxxxx Xxxxxxxxx Address: 00 Xxxxxxxx Xxxxxxxxxx Xxxxxx 185 35 Piraeus, Greece Occupation: Attorney-at-Law