Common use of Ownership of LLC Shares Clause in Contracts

Ownership of LLC Shares. LIMITED LIABILITY COMPANY AGREEMENT This Limited Liability Company Agreement (the "Agreement") of ORIOLE SHIPPING LLC (the "Company"), is made and entered into effective as of the 14th day of June, 2006, by Eagle Bulk Shipping Inc., a corporation organized under the laws of the Republic of the Marshall Islands (the "Member").

Ownership of LLC Shares. LIMITED LIABILITY COMPANY AGREEMENT This Limited Liability Company Agreement (the "Agreement") of ORIOLE KITTIWAKE SHIPPING LLC (the "Company"), is made and entered into effective as of the 14th day of June, 2006, by Eagle Bulk Shipping Inc., a corporation organized under the laws of the Republic of the Marshall Islands (the "Member").

Ownership of LLC Shares. LIMITED LIABILITY COMPANY AGREEMENT This Limited Liability Company Agreement (the "Agreement") of ORIOLE JAEGER SHIPPING LLC (the "Company"), is made and entered into effective as effectxxx xx of the 14th day of June, 2006, by Eagle Bulk Shipping Inc., a corporation organized under the laws of the Republic of the Marshall Islands (the "Member").

Ownership of LLC Shares. LIMITED LIABILITY COMPANY AGREEMENT This Limited Liability Company Agreement (the "Agreement") of ORIOLE ROBIN SHIPPING LLC (the "Company"), is made and entered into effective as effectixx xx of the 14th day of June, 2006, by Eagle Bulk Shipping Inc., a corporation organized under the laws of the Republic of the Marshall Islands (the "Member").

Ownership of LLC Shares. LIMITED LIABILITY COMPANY AGREEMENT This Limited Liability Company Agreement (the "Agreement") of ORIOLE KESTREL SHIPPING LLC (the "Company"), is made and entered into effective as of the 14th day of June, 2006, by Eagle Bulk Shipping Inc., a corporation organized under the laws of the Republic of the Marshall Islands (the "Member").