STANDBY EQUITY DISTRIBUTION AGREEMENTStandby Equity Distribution Agreement • July 24th, 2009 • Oceanfreight Inc. • Deep sea foreign transportation of freight • New York
Contract Type FiledJuly 24th, 2009 Company Industry JurisdictionTHIS AGREEMENT dated as of the 24th day of July 2009 (this "Agreement") is made by and between YA GLOBAL MASTER SPV LTD., a Cayman Islands exempt limited partnership (the "Investor"), and OCEANFREIGHT INC., a corporation organized and existing under the laws of the Marshall Islands (the "Company").