0000919574-14-002411 Sample Contracts

Contract
Administrative Services Agreement • March 26th, 2014 • Diana Containerships Inc. • Deep sea foreign transportation of freight • New York
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Contract
Non-Competition Agreement • March 26th, 2014 • Diana Containerships Inc. • Deep sea foreign transportation of freight • England
Date May 20, 2013 DIANA SHIPPING INC. as Lender - and- ELUK SHIPPING COMPANY INC. as Borrower - and- DIANA CONTAINERSHIPS INC. as Guarantor
Loan Agreement • March 26th, 2014 • Diana Containerships Inc. • Deep sea foreign transportation of freight • New York

The Lender has agreed to make available to the Borrowers an unsecured term loan facility of up to Fifty million United States Dollars (US$50,000,000) in up to five (5) advances for general corporate purposes and working capital requirements.

DIANA ENTERPRISES INC.
Agreement • March 26th, 2014 • Diana Containerships Inc. • Deep sea foreign transportation of freight

THIS AGREEMENT dated this 4th day of March 2014 by and between Unitized Ocean Transport Limited, (the "Company") and Diana Enterprises Inc. (the "Broker").

DIANA ENTERPRISES INC.
Agreement • March 26th, 2014 • Diana Containerships Inc. • Deep sea foreign transportation of freight

THIS AGREEMENT dated this 1st day of March 2013 by and between Unitized Ocean Transport Limited, (the "Company") and Diana Enterprises Inc. (the "Broker").

MANAGEMENT AGREEMENT
Management Agreement • March 26th, 2014 • Diana Containerships Inc. • Deep sea foreign transportation of freight

THIS AGREEMENT is made this day of 201 BETWEEN (ShipCo), whose registered office is at (hereinafter called the "Owners"), of the one part and UNITIZED OCEAN TRANSPORT LIMITED, whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960, acting through its office at Pendelis 18, 175 64 Palaio Faliro, Greece (hereinafter called the "Managers"), of the other part,

Date 6 December 2013 DIANA CONTAINERSHIPS INC. as Borrower -and- LIKIEP SHIPPING COMPANY INC. ORANGINA INC. as Original Guarantors -and- MEJIT SHIPPING COMPANY INC. MICRONESIA SHIPPING COMPANY INC. RONGERIK SHIPPING COMPANY INC. UTIRIK SHIPPING...
Supplemental Agreement • March 26th, 2014 • Diana Containerships Inc. • Deep sea foreign transportation of freight

Clause Page 1 INTERPRETATION 2 2 AGREEMENT OF THE FINANCE PARTIES 2 3 CONDITIONS 3 4 REPRESENTATIONS AND WARRANTIES 3 5 AMENDMENTS TO FACILITY AGREEMENT AND OTHER FINANCE DOCUMENTS 3 6 FURTHER ASSURANCES 5 7 FEES AND EXPENSES 5 8 COMMUNICATIONS 5 9 SUPPLEMENTAL 6 10 LAW AND JURISDICTION 6 SCHEDULE 1 LENDERS 7 SCHEDULE 2 HEDGE COUNTERPARTIES 8

Date 22, July 2013 DIANA CONTAINERSHIPS INC. as Borrower -and- LIKIEP SHIPPING COMPANY INC. ORANGINA INC. as Original Guarantors -and- MEJIT SHIPPING COMPANY INC. MICRONESIA SHIPPING COMPANY INC. RONGERIK SHIPPING COMPANY INC. UTIRIK SHIPPING COMPANY...
Loan Agreement • March 26th, 2014 • Diana Containerships Inc. • Deep sea foreign transportation of freight • New York

Clause Page 1 INTERPRETATION 2 2 AGREEMENT OF THE FINANCE PARTIES 2 3 CONDITIONS PRECEDENT 2 4 REPRESENTATIONS AND WARRANTIES 3 5 AMENDMENTS TO FACILITY AGREEMENT AND OTHER FINANCE DOCUMENTS 3 6 FURTHER ASSURANCES 6 7 FEES AND EXPENSES 6 8 COMMUNICATIONS 6 9 SUPPLEMENTAL 7 10 LAW AND JURISDICTION 7

Date 11 September 2013 DIANA CONTAINERSHIPS INC. as Borrower -and- LIKIEP SHIPPING COMPANY INC. ORANGINA INC. as Original Guarantors -and- MEAT SHIPPING COMPANY INC. MICRONESIA SHIPPING COMPANY INC. RONGERIK SHIPPING COMPANY INC. UTIRIK SHIPPING...
Supplemental Agreement • March 26th, 2014 • Diana Containerships Inc. • Deep sea foreign transportation of freight

Clause INDEX Page 1 INTERPRETATION 2 2 AGREEMENT OF THE FINANCE PARTIES 2 3 CONDITIONS 3 4 REPRESENTATIONS AND WARRANTIES 4 5 AMENDMENTS TO FACILITY AGREEMENT AND OTHER FINANCE DOCUMENTS 4 6 FURTHER ASSURANCES 5 7 FEES AND EXPENSES 6 8 COMMUNICATIONS 6 9 SUPPLEMENTAL 6 10 LAW AND JURISDICTION 6

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