James C. Christodoulou 200 West 60th Street #10B New York, New York 10019 Dear James: The undersigned General Maritime Ship Holdings Ltd., a Marshall Islands corporation (to be renamed General Maritime Corporation upon completion of its initial public...General Maritime Ship Holdings LTD • June 6th, 2001 • Deep sea foreign transportation of freight
Exhibit 10.55 GENERAL MARITIME CORPORATION INCENTIVE STOCK OPTION GRANT CERTIFICATE THIS AGREEMENT, made as of this ___ day of June 2001, between GENERAL MARITIME CORPORATION (the "Company") and John C. Georgipoulos (the "Participant"). WHEREAS, the...General Maritime Ship Holdings LTD • June 6th, 2001 • Deep sea foreign transportation of freight • New York
RECITALSIndemnification Agreement • June 6th, 2001 • General Maritime Ship Holdings LTD • Deep sea foreign transportation of freight • New York
John P. Tavlarios 26 East 88th Street #2F New York, New York 10028 Dear John: The undersigned General Maritime Ship Holdings Ltd., a Marshall Islands corporation (to be renamed General Maritime Corporation upon completion of its initial public...General Maritime Ship Holdings LTD • June 6th, 2001 • Deep sea foreign transportation of freight
Exhibit 10.56 GENERAL MARITIME CORPORATION INCENTIVE STOCK OPTION GRANT CERTIFICATE THIS AGREEMENT, made as of this ___ day of June 2001, between GENERAL MARITIME CORPORATION (the "Company") and ___________________ (the "Participant"). WHEREAS, the...General Maritime Ship Holdings LTD • June 6th, 2001 • Deep sea foreign transportation of freight • New York
Exhibit 10.54 GENERAL MARITIME CORPORATION INCENTIVE STOCK OPTION GRANT CERTIFICATE THIS AGREEMENT, made as of this ___ day of June 2001, between GENERAL MARITIME CORPORATION (the "Company") and James C. Christodoulou (the "Participant"). WHEREAS, the...General Maritime Ship Holdings LTD • June 6th, 2001 • Deep sea foreign transportation of freight • New York
Exhibit 10.51 GENERAL MARITIME CORPORATION OUTSIDE DIRECTOR STOCK OPTION GRANT CERTIFICATE THIS AGREEMENT, made as of this ____ day of June 2001, between GENERAL MARITIME CORPORATION (the "Company") and __________________ (the "Participant"). WHEREAS,...Agreement • June 6th, 2001 • General Maritime Ship Holdings LTD • Deep sea foreign transportation of freight • New York
RELEASEGeneral Maritime Ship Holdings LTD • June 6th, 2001 • Deep sea foreign transportation of freight
The undersigned ("Seller") acknowledges that, in accordance with the Plan of Recapitalization attached as Annex A to the [Contribution Agreement] (the "Contribution Agreement"), General Maritime Ship Holdings Ltd. (to be renamed "General Maritime Corporation") ("Purchaser") has agreed to indemnify Stephen A. Kaplan, Mark F. Polzin and Peter Georgiopoulos and certain of their affiliates (each of them, an "Indemnitee") from and against all liability incurred by an Indemnitee arising out of an Indemnitee being named to serve on the IPO pricing committee or arising out of an Indemnitee serving on such IPO pricing committee.
May __, 2001 OCM Principal Opportunities Fund, L.P. c/o Oaktree Capital Management, LLC 333 South Grand Avenue, 28TH Floor Los Angeles, CA 90071 Re: MANAGEMENT RIGHTS ----------------- Ladies and Gentlemen: This letter will confirm the agreement...General Maritime Ship Holdings LTD • June 6th, 2001 • Deep sea foreign transportation of freight
