0000922423-09-000226 Sample Contracts

Genco Shipping & Trading Limited Executive Officer Restricted Stock Grant Agreement
Executive Officer Restricted Stock Grant Agreement • March 2nd, 2009 • Genco Shipping & Trading LTD • Deep sea foreign transportation of freight • New York

THIS AGREEMENT, made as of December 24, 2008, between GENCO SHIPPING & TRADING LIMITED (the “Company”) and John C. Wobensmith (the “Participant”).

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Genco Shipping & Trading Limited Restricted Stock Grant Agreement
Restricted Stock Grant Agreement • March 2nd, 2009 • Genco Shipping & Trading LTD • Deep sea foreign transportation of freight • New York

THIS AGREEMENT, made as of December 24, 2008, between GENCO SHIPPING & TRADING LIMITED (the “Company”) and Peter C. Georgiopoulos (the “Participant”).

AMENDMENT AND SUPPLEMENT NO. 4 TO SENIOR SECURED CREDIT AGREEMENT
Senior Secured Credit Agreement • March 2nd, 2009 • Genco Shipping & Trading LTD • Deep sea foreign transportation of freight • New York

THIS AMENDMENT AND SUPPLEMENT NO. 4 TO SENIOR SECURED CREDIT AGREEMENT (this “Amendment”) is made as of January 26, 2009, 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 Arrangers (as defined below) as are signatories hereto, as lenders (the “Lenders”), (3) DNB NOR BANK ASA, acting through its New York branch (“DnB NOR”) as Administrative Agent (in such capacity, the “Administrative Agent”), mandated lead arranger, bookrunner (in such capacity, the “Bookrunner”), security trustee and collateral agent under the Security Documents (in such capacity, the “Collateral Agent”), and (4) BANK OF SCOTLAND PLC, as mandated lead arranger (together with DnB NOR, in such capacity, the “Mandated Lead Arrangers”) and amends and is supplemental to the Senior Secured Credit Agreement dated as of July 20, 2007,

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