Genco Shipping & Trading Limited Restricted Stock Unit Grant AgreementRestricted Stock Unit Grant Agreement • August 8th, 2023 • Genco Shipping & Trading LTD • Deep sea foreign transportation of freight • New York
WHEREAS, the Company has adopted and maintains the Genco Shipping & Trading Limited Amended and Restated 2015 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;
Genco Shipping & Trading Limited Executive Officer Restricted Stock Unit Grant AgreementRestricted Stock Unit Grant Agreement • August 8th, 2023 • Genco Shipping & Trading LTD • Deep sea foreign transportation of freight • New York
THIS AGREEMENT, made as of April 14, 2023, between GENCO SHIPPING & TRADING LIMITED (the “Company”) and John C. Wobensmith (the “Participant”).
Genco Shipping & Trading Limited Performance PRSU Grant AgreementPerformance Prsu Grant Agreement • August 8th, 2023 • Genco Shipping & Trading LTD • Deep sea foreign transportation of freight • New York
WHEREAS, the Company has adopted and maintains the Genco Shipping & Trading Limited Amended and Restated 2015 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;
SECOND AMENDMENT TO CREDIT AGREEMENTCredit Agreement • August 8th, 2023 • Genco Shipping & Trading LTD • Deep sea foreign transportation of freight
THIS SECOND AMENDMENT TO CREDIT AGREEMENT, dated as of May 30, 2023 (this “Second Amendment”) made by NORDEA BANK ABP, NEW YORK BRANCH (“Nordea”), as administrative agent (together with its successors and assigns, the “Administrative Agent”), with respect to that certain Credit Agreement, dated as of August 3, 2021, by and among GENCO SHIPPING & TRADING LIMITED, as borrower (the “Borrower”), the Guarantors from time to time party thereto, the Lenders from time to time party thereto, the Administrative Agent, Nordea, as collateral agent and each other party party thereto (as amended by that certain First Amendment to Credit Agreement dated as of November 8, 2022, and as further amended, restated, amended and restated, supplemented or otherwise modified and in effect prior to the date hereof, the “Existing Agreement”). Capitalized terms used and not defined herein or in the Existing Agreement shall have the meanings assigned to such terms in Exhibit A attached hereto.
