FACILITY AGREEMENT for ADVENTURE TWO S.A. ADVENTURE THREE S.A. ADVENTURE SEVEN S.A. ADVENTURE ELEVEN S.A. AS BORROWERS AND CO-DEBTORS and FREESEAS INC. AS PARENT AND GUARANTOR with NEW HBU II N.V. AS LENDER AND OTHERS USD 27,000,000 ROLLOVER LOAN...Agreement • October 22nd, 2009 • FreeSeas Inc. • Deep sea foreign transportation of freight
THIS AGREEMENT (the “Agreement”) is dated 9 April 2008 as amended and/or supplemented on 12 August 2008 and as amended and restated pursuant to the Amendment and Restatement Agreement and made between:
AMENDMENT AND RESTATEMENT AGREEMENT dated 1 SEPTEMBER 2009 ADVENTURE TWO S.A. ADVENTURE THREE S.A. ADVENTURE SEVEN S.A. ADVENTURE ELEVEN S.A. AS BORROWERS AND CO-DEBTORS and FREESEAS INC. AS PARENT AND GUARANTOR with NEW HBU II N.V. as Lender RELATING...Agreement • October 22nd, 2009 • FreeSeas Inc. • Deep sea foreign transportation of freight
ContractNote • October 22nd, 2009 • FreeSeas Inc. • Deep sea foreign transportation of freight • London
[NOTE: This is the form of agreement entered into by Free Bulkers S.A. and each of Adventure Five S.A. Through Adventure Twelve S.A.]
ADDENDUM No. 1 DATED SEPTEMBER 17, 2009 TO THE AMENDED AND RESTATED SERVICES AGREEMENT DATED OCTOBER 1, 2008 BETWEEN “FREESEAS INC.” OF MARSHALL ISLANDS (“THE COMPANY”) AND “FREE BULKERS S.A.” OF MARSHALL ISLANDS (“THE MANAGER”)Services Agreement • October 22nd, 2009 • FreeSeas Inc. • Deep sea foreign transportation of freight
In connection with the above mentioned Services Agreement following has been mutually agreed between the Company and Manager.
ADDENDUM No ____ DATED SEPTEMBER 17, 2009 TO THE BIMCO MANAGEMENT AGREEMENT DATED _________, 20___ FOR M.V. “FREE ______” BETWEEN ANDFreeSeas Inc. • October 22nd, 2009 • Deep sea foreign transportation of freight
1/. The management fee as per Box 15 of the Management Agreement has been agreed at $16,500 per month, pro rata and is to be effective as of October 1, 2009.
MEMORANDUM OF AGREEMENT Dated: August 5th 2009FreeSeas Inc. • October 22nd, 2009 • Deep sea foreign transportation of freight • London
Salvatore LaMonica as Chapter 7 Trustee of the estate of Yucatan Marine Ltd. hereinafter called the Sellers, have agreed to sell, and Adventure Twelve S.A. of Monrovia, Liberia hereinafter called the Buyers, have agreed to buy Name: Yucatan Classification Society/Class: NK
