0000919574-18-000907 Sample Contracts

FORM OF REGISTRATION RIGHTS AGREEMENT
Form of Registration Rights Agreement • February 7th, 2018 • Gas Ships LTD • Deep sea foreign transportation of freight • New York

This Registration Rights Agreement (as amended from time to time, this "Agreement"), dated as of , 2018, is made by and between Gas Ships Limited, a Marshall Islands corporation (the "Company"), DryShips Inc., a Marshall Islands corporation ("Dryships"), SPII Holdings Inc. ("SPII Holdings"), a Marshall Islands corporation, Sierra Investments Inc., a Marshall Islands corporation ("Sierra") and Mountain Investments Inc., a Marshall Islands corporation ("Mountain") (together the "Parties"). DryShips, SPII Holdings, Sierra and Mountain shall be referred to together as the "Holders" and individually a "Holder".

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