0000950136-08-000051 Sample Contracts

ACQUISITION AGREEMENT
Acquisition Agreement • January 9th, 2008 • Navios Maritime Holdings Inc. • Deep sea foreign transportation of freight • New York

This Acquisition Agreement (the “Agreement”), entered into as of the 31st day of December, 2007, is made by and among Navios South American Logistics Inc., a Marshall Islands corporation (the “Company”), Claudio Pablo Lopez (“CPL”), Carlos Augusto Lopez (“CAL”), Horacio Enrique Lopez (“HEL”) and Horacio Alfredo Lopez (“HAL,” and together with CPL, CAL and HEL, collectively, the “Individual Sellers,” and individually, an “Individual Seller”), Navios Corporation, a Marshall Islands corporation (“Navios”) and Jandick S.A., a Uruguayan corporation (“Corporate Seller” and together with the Individual Sellers, the “Sellers”). The Company, the Sellers and Navios are collectively referred to as the “Parties” and individually as a “Party.”

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