0000919574-15-002773 Sample Contracts

PEGASUS SHIPHOLDING S.A. SEACROWN MARITIME LTD.
Loan Agreement • March 10th, 2015 • Dynagas LNG Partners LP • Water transportation
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Contract
Ship Management Agreement • March 10th, 2015 • Dynagas LNG Partners LP • Water transportation • London
SHARE PURCHASE AGREEMENT Dated September 22nd, 2014 among DYNAGAS HOLDING LTD., LNG HOLDING LIMITED and
Share Purchase Agreement • March 10th, 2015 • Dynagas LNG Partners LP • Water transportation • New York
Contract
Supplemental Indenture • March 10th, 2015 • Dynagas LNG Partners LP • Water transportation • New York

This FIRST SUPPLEMENTAL INDENTURE (this "First Supplemental Indenture"), dated as of September 15, 2014, among Dynagas LNG Partners LP, a limited partnership duly organized and existing under the laws of the Republic of The Marshall Islands (the "Partnership"), Dynagas Finance Inc., a corporation duly organized under the laws of the Republic of the Marshall Islands (the "Co-Issuer" and, together with the Partnership, the "Issuers" and each individually as "Issuer"), and Deutsche Bank Trust Company Americas, as trustee (the "Trustee").

ADMINISTRATIVE SERVICES AGREEMENT
Administrative Services Agreement • March 10th, 2015 • Dynagas LNG Partners LP • Water transportation • London

THIS AGREEMENT made effective the 30thday of December 2014 (the "Agreement"), by and between DYNAGAS LNG PARTNERS LP, a limited partnership duly organized and existing under the laws of the Republic of the Marshall Islands (the "Partnership"), and DYNAGAS LTD., a corporation organized and existing under the laws of Liberia ("Dynagas"), each a "Party" and collectively, the "Parties".

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