SCHEDULE III — RESTATED AGREEMENT 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...Agreement • June 16th, 2010 • 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 on 1 September 2009 and as further amended and restated pursuant to the Amendment and Restatement Agreement and made between:
Dated: 16th December, 2009 ADVENTURE NINE S.A. (as owner) and FBB-FIRST BUSINESS BANK S.A. (as mortgagee) DEED OF COVENANT supplemental to a First Priority Statutory Bahamian Ship Mortgage over M/V “FREE IMPALA”FreeSeas Inc. • June 16th, 2010 • Deep sea foreign transportation of freight
Owner has agreed to execute the said Statutory Mortgage and this Deed in favour of the Mortgagee in consideration of the foregoing.
AMENDMENT AND RESTATEMENT AGREEMENT dated 1 DECEMBER 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...And Restatement Agreement • June 16th, 2010 • FreeSeas Inc. • Deep sea foreign transportation of freight
Dated 27 November 2009 SUPPLEMENTAL AGREEMENT relating to a Reducing Revolving Credit Facility of up to US$91,000,000 to FREESEAS INC. provided by CREDIT SUISSE AG (formerly known as CREDIT SUISSE)Supplemental Agreement • June 16th, 2010 • FreeSeas Inc. • Deep sea foreign transportation of freight
FIRST PREFERRED SHIP MORTGAGE ON THE M/V “FREE NEPTUNE”Adventure Twelve • June 16th, 2010 • FreeSeas Inc. • Deep sea foreign transportation of freight
Dated: 15th December, 2009 FBB — FIRST BUSINESS BANK S.A. as lender - and - ADVENTURE NINE S.A. & ADVENTURE TWELVE S.A. as borrowers LOAN AGREEMENT For a secured floating interest rate Loan Facility of up to US$27,750,000 Theo V. Sioufas & Co. Law...Loan Agreement • June 16th, 2010 • FreeSeas Inc. • Deep sea foreign transportation of freight
