0000950123-11-055128 Sample Contracts

DIANA CONTAINERSHIPS INC. [__________] Shares of Common Stock UNDERWRITING AGREEMENT

Underwriting Agreement • May 31st, 2011 • Diana Containerships Inc. • Deep sea foreign transportation of freight • New York

• Contract Type
  Underwriting Agreement
• Filed
  May 31st, 2011
• Company
  Diana Containerships Inc.
• Industry
  Deep sea foreign transportation of freight
• Jurisdiction
  New York

As Representatives of the several Underwriters Listed on Exhibit A hereto c/o Wells Fargo Securities, LLC 375 Park Avenue New York, New York 10152

FORM OF SHARE PURCHASE AGREEMENT

Form of Share Purchase Agreement • May 31st, 2011 • Diana Containerships Inc. • Deep sea foreign transportation of freight • New York

• Contract Type
  Form of Share Purchase Agreement
• Filed
  May 31st, 2011
• Company
  Diana Containerships Inc.
• Industry
  Deep sea foreign transportation of freight
• Jurisdiction
  New York

SHARE PURCHASE AGREEMENT (the “Agreement”), dated as of [ ], 2011, by and between Diana Containerships Inc., a Marshall Islands Corporation (the “Company”), and Diana Shipping Inc., a Marshall Islands Corporation, (the “Buyer”).