0000919574-18-000691 Sample Contracts

MEMORANDUM OF AGREEMENT
Loan Agreement • January 30th, 2018 • Hemen Holding LTD • Water transportation • London

Ikaros Shipowning Inc. of Marshall Islands (Name of sellers), hereinafter called the "Sellers", have agreed to sell, and Golden Monterrey Inc. of Liberia (Name of buyers), hereinafter called the "Buyers", have agreed to buy:

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JOINT FILING AGREEMENT
Joint Filing Agreement • January 30th, 2018 • Hemen Holding LTD • Water transportation

The undersigned agree that this Schedule 13D/A, dated January 30, 2018, relating to the Common Shares, par value $0.05 per share of Golden Ocean Group Limited shall be filed on behalf of the undersigned.

Heads of Agreement
Heads of Agreement • January 30th, 2018 • Hemen Holding LTD • Water transportation

This Heads of Agreement (the "Agreement") is entered into on 16 October 2017 and sets out the terms of which Golden Ocean Group Limited's ("GOGL") nominated affiliates (the "Buyers") shall acquire the two 2016 Daehan-built capsize vessels Sea Behike (IMO no. 9722417) and Sea Monterrey (IMO no. 9722429), both registered under the Marshall Island flag (the "Vessels", each a "Vessel"), from Dedalos Shipowning Inc. and Ikaros Shipowning Inc. respectively (the "Sellers"), both being affiliated entities of Hemen Holding Limited ("Hemen").

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