Standard Contracts
Genco Shipping Letterhead]Employment Agreement • September 21st, 2007 • Genco Shipping & Trading LTD • Deep sea foreign transportation of freight
The purpose of this letter is to set forth the agreement (this "Agreement") with respect to the terms of your continued employment by Genco Shipping & Trading Limited. (“Genco” or the “Company”). As used in this Agreement, the term “Genco Group” means and includes the Company and each of its subsidiaries and controlled affiliates and joint ventures from time to time. It is agreed as follows:
AMENDMENT AND SUPPLEMENT NO. 1 TO SENIOR SECURED CREDIT AGREEMENTSenior Secured Credit Agreement • September 21st, 2007 • Genco Shipping & Trading LTD • Deep sea foreign transportation of freight • New York
THIS AMENDMENT AND SUPPLEMENT NO. 1 TO SENIOR SECURED CREDIT AGREEMENT (this “Amendment”) is made as of September 21, 2007, by and among (1) GENCO SHIPPING & TRADING LIMITED, a corporation organized and existing under the laws of the Republic of Marshall Islands (the “Borrower”), (2) the banks and financial institutions acceptable to the Borrower and Mandated Lead Arranger (as defined below) as are signatories hereto, as lenders (the “Lenders”), and (3) DnB NOR BANK ASA, acting through its New York branch (“DnB”) as Administrative Agent (in such capacity, the “Administrative Agent”), mandated lead arranger (in such capacity, the “Mandated Lead Arranger”), as bookrunner (in such capacity, the “Bookrunner”), as security trustee and as collateral agent under the Security Documents (in such capacity, the “Collateral Agent”) and amends and is supplemental to the Senior Secured Credit Agreement dated as of July 20, 2007 (the “Original Agreement”), made by and among the parties. All capitaliz
