Genco Shipping & Trading Limited Director Restricted Stock Grant AgreementDirector Restricted Stock Grant Agreement • August 8th, 2008 • Genco Shipping & Trading LTD • Deep sea foreign transportation of freight • New York
WHEREAS, the Company has adopted and maintains the Genco Shipping & Trading Limited 2005 Equity Incentive Plan (the “Plan”) to provide certain key persons, on whose initiative and efforts the successful conduct of the business of the Company depends, with incentives to: (a) enter into and remain in the service of the Company, (b) acquire a proprietary interest in the success of the Company, (c) maximize their performance and (d) enhance the long-term performance of the Company;
SALEFORM 1993Memorandum of Agreement • August 8th, 2008 • Genco Shipping & Trading LTD • Deep sea foreign transportation of freight • London
GENCO ____________ LLC, a Marshall Islands limited liability company fully guaranteed by Genco Shipping and Trading Limited hereinafter called the Buyers, have agreed to buy
AMENDMENT AND SUPPLEMENT NO. 3 TO SENIOR SECURED CREDIT AGREEMENTSenior Secured Credit Agreement • August 8th, 2008 • Genco Shipping & Trading LTD • Deep sea foreign transportation of freight • New York
THIS AMENDMENT AND SUPPLEMENT NO. 3 TO SENIOR SECURED CREDIT AGREEMENT (this “Amendment”) is made as of June 18, 2008, by and among (1) GENCO SHIPPING & TRADING LIMITED, a corporation organized and existing under the laws of the Republic of Marshall Islands (the “Borrower”), (2) the banks and financial institutions acceptable to the Borrower and Mandated Lead Arranger (as defined below) as are signatories hereto, as lenders (the “Lenders”), and (3) DnB NOR BANK ASA, acting through its New York branch (“DnB”) as Administrative Agent (in such capacity, the “Administrative Agent”), mandated lead arranger (in such capacity, the “Mandated Lead Arranger”), as bookrunner (in such capacity, the “Bookrunner”), as security trustee and as collateral agent under the Security Documents (in such capacity, the “Collateral Agent”) and amends and is supplemental to the Senior Secured Credit Agreement dated as of July 20, 2007, as amended by that certain Amendment and Supplement No. 1 to the Senior Secu
SALEFORM 1993Memorandum of Agreement • August 8th, 2008 • Genco Shipping & Trading LTD • Deep sea foreign transportation of freight • London
____________ Navigation Ltd, Trust Company Complex, Ajeitake Road, Ajeltake Island Majuro, The Republic of the Marshall Islands hereinafter called the Sellers, have agreed to sell, and Genco ______ Ltd, Marshall Islands, the performance of which to be guaranteed by Genco Shipping and Trading Limited hereinafter called the Buyers, have agreed to buy
