Dated 8 February 2013 PARAGON SHIPPING INC. as Borrower -and- READING NAVIGATION CO. DONNA MARINE CO. and PROTEA INTERNATIONAL INC. as Owners -and- THE BANKS AND FINANCIAL INSTITUTIONS listed in the Schedule as Lenders -and- COMMERZBANK AG as Agent,...Amending and Restating Agreement • April 3rd, 2013 • Paragon Shipping Inc. • Deep sea foreign transportation of freight
As soon as reasonably practicable after a Transfer Certificate is delivered to the Agent, it shall (unless it has reason to believe that the Transfer Certificate may be defective):
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • April 3rd, 2013 • Paragon Shipping Inc. • Deep sea foreign transportation of freight • New York
This REGISTRATION RIGHTS AGREEMENT (this "Agreement"), is entered into as of December 24, 2012, by and between Innovation Holdings, S.A., a Marshall Islands corporation (the "Investor"), and Paragon Shipping Inc., a Marshall Islands corporation (the "Company" and together with the Investor, the "Parties" and each a "Party").
Date 26 April 2012 PARAGON SHIPPING INC. as Borrower - and - THE BANKS AND FINANCIAL INSTITUTIONS listed in Schedule 1 as Lenders and BANK OF SCOTLAND PLC. as Agent, Mandated Lead Arranger, Underwriter and Security Trustee and BANK OF SCOTLAND PLC as...Supplemental Agreement • April 3rd, 2013 • Paragon Shipping Inc. • Deep sea foreign transportation of freight
COUNTERSIGNED this day 26th of April 2012 for and on behalf of the following Security Parties each of which, by its execution hereof, confirms and acknowledges that it has read and understood the terms and conditions of this supplemental letter, that it agrees in all respects to the same and that the Finance Documents to which it is a party shall remain in full force and effect and shall continue to stand as security for the obligations of the Borrower under the Loan Agreement
ADDENDUM No. 1 to the Executive Services Agreement dated 27/01/2011 (the "Agreement") Between PARAGON SHIPPING INC. of Marshall Islands (the "Company") And ALLSEAS MARINE S.A. of Liberia ("Allseas")Executive Services Agreement • April 3rd, 2013 • Paragon Shipping Inc. • Deep sea foreign transportation of freight
Notwithstanding the relevant provisions of the Executive Services Agreement, it is this, 5th day of February 2013, mutually agreed between the Company and Allseas that the clause 5 (a) of the Agreement shall be amended to read as follows:
SUPPLEMENTAL LETTERLoan Agreement • April 3rd, 2013 • Paragon Shipping Inc. • Deep sea foreign transportation of freight
Loan agreement (the "Loan Agreement") dated 31 July 2008 (as amended and supplemented by three supplemental agreements dated, respectively, 3 April 2009, 16 April 2010 and 1 September 2011 and a supplemental letter dated 17 July 2012) made between (i) yourselves, Paragon Shipping Inc. as borrower (the "Borrower"), (ii) the banks and financial institutions listed therein as lenders (together, the "Lenders") and (iii) HSH Nordbank AG as agent, security trustee and swap bank.
SHARE PURCHASE AGREEMENT by and between INNOVATION HOLDINGS S.A. and PARAGON SHIPPING INC. dated as of December 24, 2012Share Purchase Agreement • April 3rd, 2013 • Paragon Shipping Inc. • Deep sea foreign transportation of freight • New York
This SHARE PURCHASE AGREEMENT (this "Agreement") is entered into as of December 24, 2012, by and between Innovation Holdings S.A., a Marshall Islands corporation (the "Investor"), and Paragon Shipping Inc., a Marshall Islands corporation (the "Company").
SUPPLEMENTAL LETTERLoan Agreement • April 3rd, 2013 • Paragon Shipping Inc. • Deep sea foreign transportation of freight
Loan agreement (the "Loan Agreement") dated 31 July 2008 (as amended and supplemented by three supplemental agreements dated 3 April 2009, 16 April 2010 and 1 September 2011, respectively) made between (i) yourselves, Paragon Shipping Inc. as borrower (the "Borrower"), (ii) the banks and financial institutions listed therein as lenders (together, the "Lenders") and (iii) HSH Nordbank AG as agent, security trustee and swap bank.
ADDENDUM No. 2 to the Executive Services Agreement dated 27/01/2011 and all addenda thereto (the "Agreement") Between PARAGON SHIPPING INC. of Marshall Islands (the "Company") And ALLSEAS MARINE S.A. of Liberia ("Allseas")Executive Services Agreement • April 3rd, 2013 • Paragon Shipping Inc. • Deep sea foreign transportation of freight
Notwithstanding the relevant provisions of the Executive Services Agreement and all addenda thereto, it is this, 6th day of March 2013, mutually agreed between the Company and Alls as that the clause 6 of the Agreement paragraph c with title: Payment Upon Termination is amended to read as follows:
EXECUTIVE SERVICES AGREEMENTExecutive Services Agreement • April 3rd, 2013 • Paragon Shipping Inc. • Deep sea foreign transportation of freight
PARAGON SHIPPING INC., a Marshall Islands corporation having its registered office at Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH 96960 {the "Company"),
Date March 11, 2013 FIRST SUPPLEMENTAL AGREEMENT Relating to a unsecured term loan facility of up to $30,000,000 to BOX SHIPS INC. as Borrower - provided by – PARAGON SHIPPING INC. as LenderFirst Supplemental Agreement • April 3rd, 2013 • Paragon Shipping Inc. • Deep sea foreign transportation of freight
Words and expressions defined in the Original Agreement shall unless the context otherwise requires or unless otherwise defined herein, have the same meaning when used in this Agreement.
Dated 29 January 2013 PARAGON SHIPPING INC. as Borrower and THE BANKS AND FINANCIAL INSTITUTIONS LISTED IN SCHEDULE 1 as Lenders and THE BANKS AND FINANCIAL INSTITUTIONS LISTED IN SCHEDULE 2 as Lead Arrangers and Swap Banks and NORDEA BANK FINLAND...Supplemental Agreement • April 3rd, 2013 • Paragon Shipping Inc. • Deep sea foreign transportation of freight
Index Clause Page 1 Interpretation 2 2 Agreement of the Creditor Parties 2 3 Conditions Precedent 3 4 Representations and Warranties 4 5 Amendment and Supplement of Loan Agreement, Master Agreements and Other Finance Documents 4 6 Further Assurances 9 7 Fees and Expenses 10 8 Communications 10 9 Supplemental 10 10 Law and Jurisdiction 10 Schedule 1 lenders 11 Schedule 2 Lead Arrangers and Swap Banks 12 Schedule 3 Existing Ships 13 Schedule 4 Existing Mortgages 14 Schedule 5 Credit Facilities 15 Execution Pages 16 Appendix Form of Mortgage Addendum 20
FIRST SUPPLEMENTAL AMENDMENT TO PURCHASE AGREEMENTPurchase Agreement • April 3rd, 2013 • Paragon Shipping Inc. • Deep sea foreign transportation of freight • New York
This First Supplemental Agreement (the "Supplemental Agreement"), effective from December 1, 2012, to that certain Purchase Agreement, dated as of November 10, 2009 (the "Agreement"), by and among Paragon Shipping Inc., a Marshall Islands corporation (the "Company" or "Paragon"), Allseas Marine S.A., a Liberian corporation ("Allseas") and Loretto Finance Inc., a Marshall Islands corporation ("Loretto"), is entered to by and among the Company, Allseas and Loretto.
