Common use of FORM OF RESIGNATION LETTERS Clause in Contracts

FORM OF RESIGNATION LETTERS. To: The Board of Directors CAVENDISH SHIPPING LIMITED (the “Company”) Address: 000, Xxxxxxx Xxxxxx Xxxxxx, Strait Street, Valletta VLT 1436, Malta Date: Dear Sirs, I, [—], do hereby tender my resignation as a director of the Company with effect from the [—], 2013. [—] Director SCHEDULE 4 – STATUTORY FORM F Form F No. of Company MERCHANT SHIPPING (Shipping Organisations – Private Companies) Regulations Notice of transfer or transmission of shares Pursuant to Regulation 36(3) Name of Company Delivered by To the Registrar of Companies:

FORM OF RESIGNATION LETTERS. To: The Board of Directors CAVENDISH BEDFORD SHIPPING LIMITED (the “Company”) Address: 000, Xxxxxxx Xxxxxx Xxxxxx, Strait Street, Valletta VLT 1436, Malta Date: Dear Sirs, I, [—], do hereby tender my resignation as a director of the Company with effect from the [—], 2013. [—— ] Director SCHEDULE 4 – — STATUTORY FORM F Form F No. of Company MERCHANT SHIPPING (Shipping Organisations – —Private Companies) Regulations Notice of transfer or transmission of shares Pursuant to Regulation 36(3) Name of Company Delivered by To the Registrar of Companies:

FORM OF RESIGNATION LETTERS. To: The Board of Directors CAVENDISH SLOANE SHIPPING LIMITED (the “Company”) Address: 000, Xxxxxxx Xxxxxx Xxxxxx, Strait Street, Valletta VLT 1436, Malta Date: Dear Sirs, I1, [—], do hereby tender my resignation as a director of the Company with effect from the [—], 2013. [—] Director SCHEDULE 4 – STATUTORY FORM F Form F No. of Company MERCHANT SHIPPING (Shipping Organisations – Private Companies) Regulations Notice of transfer or transmission of shares Pursuant to Regulation 36(3) Name of Company Delivered by To the Registrar of Companies:

FORM OF RESIGNATION LETTERS. To: The Board of Directors CAVENDISH BELGRAVE SHIPPING LIMITED (the “Company”) Address: 000, Xxxxxxx Xxxxxx Xxxxxx, Strait Street, Valletta VLT 1436, Malta Date: Dear Sirs, I, [—], do hereby tender my resignation as a director of the Company with effect from the [—], 2013. [—] Director SCHEDULE 4 – STATUTORY FORM F Form F No. of Company MERCHANT SHIPPING (Shipping Organisations – Private Companies) Regulations Notice of transfer or transmission of shares Pursuant to Regulation 36(3) Name of Company Delivered by To the Registrar of Companies: