0000950129-05-008662 Sample Contracts

PHANTOM STOCK AGREEMENT
Phantom Stock Agreement • August 25th, 2005 • Quintana Maritime LTD • Deep sea foreign transportation of freight • Marshall Islands

THIS PHANTOM STOCK AGREEMENT (this “Agreement”) is made as of ___, 200___ (“Grant Date”), between QUINTANA MARITIME LIMITED, a Marshall Islands company (the “Company”), and ___(“Employee”). The parties agree as follows:

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RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • August 25th, 2005 • Quintana Maritime LTD • Deep sea foreign transportation of freight • Marshall Islands

THIS RESTRICTED STOCK AGREEMENT (this “Agreement”) is made as of ___, 200___, between QUINTANA MARITIME LIMITED, a Marshall Islands company (the “Company”), and ___(the “Employee”). The parties agree as follows:

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