Dated 1 December 2010 BANKSY SHIPPING COMPANY LIMITED HONGBO SHIPPING COMPANY LIMITED as Borrowers - and - TOP SHIPS INC. as Guarantor - and - DVB BANK AMERICA N.V. as Agent and as Security Trustee AMENDMENT AND RESTATEMENT AGREEMENTAmendment and Restatement Agreement • April 12th, 2011 • Top Ships Inc. • Deep sea foreign transportation of freight
CLAUSE PAGE 1 INTERPRETATION 1 2 AGREEMENT OF THE CREDITOR PARTIES 2 3 REPRESENTATIONS AND WARRANTIES 2 4 CONDITIONS 3 5 AMENDMENT AND RESTATEMENT OF LOAN AGREEMENT, THE GUARANTEE AND THE OTHER FINANCE DOCUMENTS 4 6 FURTHER ASSURANCES 4 7 EXPENSES 5 8 NOTICES 5 9 MISCELLANEOUS 5 10 LAW AND JURISDICTION 5 EXECUTION PAGE 7 SCHEDULE 1 FORM OF AMENDED AND RESTATED LOAN AGREEMENT 8 SCHEDULE 2 FORM OF AMENDED AND RESTATED GUARANTEE 9
ContractLoan Agreement • April 12th, 2011 • Top Ships Inc. • Deep sea foreign transportation of freight
Date: 15th February, 2011 Parties I. "The Borrower" : Top Ships Inc., of the Republic of the Marshall Islands, Trust Company Complex, Ajeltake Road, Ajeltake Islands, Majuro, Marshall Islands MH96960, duly represented by Mr. Alexandros Tsirikos, CFO. II. "The Lender" : Laurasia Trading Ltd. of the Republic of the Marshall Islands, of Trust Company Complex, Ajeltake Road, Ajeltake Islands, Majuro, Marshall Islands MH96960, duly represented by Mr. Dimosthenis Eleftheriadis, President / Director.
ContractSecond Supplemental Agreement • April 12th, 2011 • Top Ships Inc. • Deep sea foreign transportation of freight
Approved by the International Ship Managers’ Association (ISMA)Ship Management Agreement • April 12th, 2011 • Top Ships Inc. • Deep sea foreign transportation of freight
THIS SUPPLEMENTAL AGREEMENT is dated the 15th February, 2011 and made BETWEEN: WHEREASLoan Agreement • April 12th, 2011 • Top Ships Inc. • Deep sea foreign transportation of freight
Words and expressions defined in the Loan Agreement shall, unless the context otherwise requires or unless otherwise defined or amended herein, have the same meanings when used in this Agreement.
Date: 16th day of August, 2010 Parties: InterpretationLoan Agreement • April 12th, 2011 • Top Ships Inc. • Deep sea foreign transportation of freight
Date: 6th day of August, 2010 Parties InterpretationLoan Agreement • April 12th, 2011 • Top Ships Inc. • Deep sea foreign transportation of freight
