Nautilus Marine Acquisition Corp.Employment Agreement • February 4th, 2013 • Nautilus Marine Acquisition Corp • Deep sea foreign transportation of freight
Contract Type FiledFebruary 4th, 2013 Company IndustryThe undersigned, Nautilus Marine Acquisition Corp. (the ‘Company’), a Marshall Islands corporation which will establish a Law 89 branch in Greece as a wholly-owned subsidiary (the ‘Law 89 Subsidiary’) representing the Company in Greece, is entering into this employment agreement with you effective as of the date of closing (the ‘Effective Date’) of the Company’s Offer-To-Purchase (the ‘Transaction’) and will assign this contract to such Law 89 Subsidiary as of the Effective Date. As of the Effective Date, the Company will begin to employ you in the capacity of Co-Chief Executive Officer of NAUTILUS Group and your desire to be so employed by the NAUTILUS Group, upon the terms and conditions set forth in this letter agreement In this Agreement, the term “the Nautilus Group” means and includes the Company and each of its controlled subsidiaries as the Board of directors of the Company (the “Board of Directors”) or such subsidiary shall so designate.
Nautilus Marine Acquisition Corp.Employment Agreement • February 4th, 2013 • Nautilus Marine Acquisition Corp • Deep sea foreign transportation of freight
Contract Type FiledFebruary 4th, 2013 Company IndustryThe undersigned, Nautilus Marine Acquisition Corp. (the ‘Company’), a Marshall Islands corporation which will establish a Law 89 branch in Greece as a wholly-owned subsidiary (the ‘Law 89 Subsidiary’) representing the Company in Greece, is entering into this employment agreement with you effective as of the date of closing (the ‘Effective Date’) of the Company’s Offer-To-Purchase (the ‘Transaction’ and will assign this contract to such Law 89 Subsidiary as of the Effective Date. As of the Effective Date, the Company will begin to employ you in the capacity of Co-Chief Executive Officer and CFO of NAUTILUS Group and your desire to be so employed by the NAUTILUS Group, upon the terms and conditions set forth in this letter agreement. In this Agreement, the term “the Nautilus Group” means and includes the Company and each of its controlled subsidiaries as the Board of directors of the Company (the “Board of Directors”) or such subsidiary shall so designate.