AMENDMENT NO. 5 TO THE MANAGEMENT AGREEMENTThe Management Agreement • September 26th, 2020
Contract Type FiledSeptember 26th, 2020This AMENDMENT NO. 5 TO THE MANAGEMENT AGREEMENT (the “Amendment”), dated as of February 10, 2015, is made by and between Navios Maritime Partners L.P., a Marshall Islands limited partnership (“NMLP”) and Navios ShipManagement Inc., a Marshall Islands corporation (“NSM”, and together with NMLP, the “Parties”) and amends the Management Agreement (the “Management Agreement”) entered into among the Parties on November 16, 2007 and the Amendments to the Management Agreement entered into among the Parties on October 27, 2009, October 21, 2011, October 30, 2013 and August 29, 2014 (together, with the Management Agreement, the “Agreement”). Capitalized terms used and not otherwise defined in this Amendment shall have the meanings given them in the Agreement.