PLACEMENT AGENT AGREEMENTPlacement Agent Agreement • May 1st, 2014 • Freeseas Inc. • Deep sea foreign transportation of freight • New York
FORM OF WARRANT FREESEAS INC. Warrant To Purchase Common StockFreeseas Inc. • May 1st, 2014 • Deep sea foreign transportation of freight • New York
FreeSeas Inc., a Marshall Islands corporation (the “Company”), hereby certifies that, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, [HOLDERS], the registered holder hereof or its permitted assigns (the “Holder”), is entitled, subject to the terms set forth below, to purchase from the Company, at the Exercise Price (as defined below) then in effect, upon exercise of this Warrant to Purchase Common Stock (including any Warrants to Purchase Common Stock issued in exchange, transfer or replacement hereof, the “Warrant”), at any time or times on or after the Issuance Date but not after 11:59 p.m., New York time, on the Expiration Date (as defined below), [___________] (subject to adjustment as provided herein) fully paid and non-assessable shares of Common Stock (as defined below) (the “Warrant Shares”). Except as otherwise defined herein, capitalized terms in this Warrant shall have the meanings set forth in Section 17. This Warrant is o
