Common Contracts
1 similar Execution Version Exchange Agreement contracts
ContractExecution Version Exchange Agreement • May 5th, 2020 • New York
EX-10.1 10 d7732522_ex10-1.htm Exhibit 10.1 Execution Version EXCHANGE AGREEMENT This EXCHANGE AGREEMENT (this "Agreement") is entered into as of September 22, 2017, by and among Castor Maritime Inc., a Marshall Islands corporation (the "Company"), Spetses Shipping Co., a Marshall Islands corporation ("Spetses") and the shareholders of Spetses Shipping Co. listed on Schedules A.1-A.3 hereto (the "Shareholders"). The foregoing shall be referred to individually as a "Party" and collectively as the "Parties." WHEREAS, the Shareholders own, beneficially and of record, one hundred percent (100%) of the issued and outstanding capital stock (the "Shares") of Spetses, which owns a 76,000 dwt drybulk carrier, namely the Magic P (the "Vessel"); WHEREAS, the Shareholders desire to sell to the Company, and the Company wishes to purchase, or cause its nominee to purchase the Shares, all upon the terms and subject to the conditions herein contained; NOW, THEREFORE, in consideration of the mutual cov
