0001140361-14-010611 Sample Contracts

Baltic Trading Limited Director Restricted Stock Grant Agreement
Director Restricted Stock Grant Agreement • March 3rd, 2014 • Baltic Trading LTD • Deep sea foreign transportation of freight • New York

WHEREAS, the Company has adopted and maintains the Baltic Trading Limited 2010 Equity Incentive Plan (the “Plan”) to provide certain key persons, on whose initiative and efforts the successful conduct of the business of the Company depends, with incentives to: (a) enter into and remain in the service of the Company, (b) acquire a proprietary interest in the success of the Company, (c) maximize their performance and (d) enhance the long-term performance of the Company;

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SHIPBUILDING CONTRACT NO. 13YF-NB-53 FOR CONSTRUCTION OF ONE 64,000 DWT BULK CARRIER (HULL NO.BC64K-BT04) BETWEEN Baltic Trading Limited or its guaranteed nominee as BUYER and Yangfan Group Co,. Ltd. as SELLER DATE: 13th November, 2013
Shipbuilding Contract • March 3rd, 2014 • Baltic Trading LTD • Deep sea foreign transportation of freight • England

This CONTRACT, entered into this 13th November, 2013 by and between Baltic Trading Limited or its guaranteed nominee organized and existing under the laws of Marshal Islands, having its principal office at 299 Park Avenue 12th floor New York, NY USA 10171 (hereinafter called the “BUYER”) on one part; and Yangfan Group Co., Ltd. a corporation organized and existing under the Laws of the People’s Republic of China, having its registered office at 169 Lujiazhi Road, Shenjiamen, Putuo, Zhoushan City, Zhejiang province People’s Republic of China (hereinafter called the “SELLER”) on the other part.

Baltic Trading Limited Restricted Stock Grant Agreement
Restricted Stock Grant Agreement • March 3rd, 2014 • Baltic Trading LTD • Deep sea foreign transportation of freight • New York

THIS AGREEMENT, made as of December 19, 2013, between BALTIC TRADING LIMITED (the “Company”) and Peter C. Georgiopoulos (the “Participant”).

Baltic Trading Limited Executive Officer Restricted Stock Grant Agreement (2013 Year-End Grant)
Officer Restricted Stock Grant Agreement • March 3rd, 2014 • Baltic Trading LTD • Deep sea foreign transportation of freight • New York

WHEREAS, the Company has adopted and maintains the Baltic Trading Limited 2010 Equity Incentive Plan (the “Plan”) to provide certain key persons, on whose initiative and efforts the successful conduct of the business of the Company depends, with incentives to: (a) enter into and remain in the service of the Company, (b) acquire a proprietary interest in the success of the Company, (c) maximize their performance and (d) enhance the long-term performance of the Company;

SIDE LETTER FOR CONSTRUCTION OF 64090DWT BULK CARRIERS
Baltic Trading LTD • March 3rd, 2014 • Deep sea foreign transportation of freight • London

Baltic Trading Limited, a corporation organized and existing under the laws of Marshal Islands with its registered office at 299 Park Avenue 12th floor New York, NY USA 10171,

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