FORM OF REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • November 19th, 2010 • Ridgebury Tankers LTD • Deep sea foreign transportation of freight • New York
This REGISTRATION RIGHTS AGREEMENT is dated as of , 2010 and is by and between RIDGEBURY TANKERS LTD, a Marshall Islands corporation (the “Company”), and ROBERT P. BURKE and KEVIN M. BAVOLAR (each a “Stockholder” and together the “Stockholders”).
ContractMemorandum of Agreement • August 10th, 2010 • Ridgebury Tankers LTD • Deep sea foreign transportation of freight • New York
MEMORANDUM OF AGREEMENT Dated: August 5, 2010 Jiaolong Spirit L.L.C. of Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960 (whose performance shall be fully guaranteed by Teekay Corporation) hereinafter called the Sellers, have agreed to sell, and Ridgebury Tankers Ltd. of Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960 (or its wholly owned subsidiary nominee whose performance shall be fully guaranteed by Ridgebury Tankers Ltd.) hereinafter called the Buyers, have agreed to buy Name: Jiaolong Spirit Classification Society/Class: Lloyds Register Built: 2009 By: Bohai Shipbuilding Heavy Industries Co., Ltd Flag: Bahamas Place of Registration: Nassau Call Sign: C6WZ9 Grt/Nrt: 85030/52098 Register Number: 9000268 / IMO No: 9379208 hereinafter called the Vessel, on the following terms and conditions: Definitions “Banking days” are days on which banks are open both in the country of the currency stipulated for the P
FULL COMMERCIAL MANAGEMENT AGREEMENTCommercial Management Agreement • November 19th, 2010 • Ridgebury Tankers LTD • Deep sea foreign transportation of freight
This Agreement is made as of October 21, 2010 between Ridgebury Tankers Ltd of the Marshall Islands (“Owner”) and Heidmar Inc. of the Marshall Islands, (“Manager”)
Ship Management AgreementShip Management Agreement • October 5th, 2010 • Ridgebury Tankers LTD • Deep sea foreign transportation of freight
It is mutually agreed between the party mentioned in Box 2 and the party mentioned in Box 3 that this Agreement consisting of PART I and PART II as well as Annexes “A” (Details of Vessel), “B” (Crew Management Agreement), “C” (Budget) and “D” (Associated Vessels) attached hereto, shall be performed subject to the conditions contained herein. In the event of a conflict of conditions, the provisions of PART I and Annexes “A”, “B”, “C” and “D” shall prevail over those of PART II to the extent of such conflict but no further.
