SCHEDULE III — RESTATED AGREEMENT FACILITY AGREEMENT for ADVENTURE TWO S.A. ADVENTURE THREE S.A. ADVENTURE SEVEN S.A. ADVENTURE ELEVEN S.A. AS BORROWERS AND CO-DEBTORS and FREESEAS INC. AS PARENT AND GUARANTOR with NEW HBU II N.V. AS LENDER AND OTHERS...Facility Agreement • June 16th, 2010 • FreeSeas Inc. • Deep sea foreign transportation of freight
THIS AGREEMENT (the “Agreement”) is dated 9 April 2008 as amended and/or supplemented on 12 August 2008 and as amended and restated on 1 September 2009 and as further amended and restated pursuant to the Amendment and Restatement Agreement and made between:
Dated: 16th December, 2009 ADVENTURE NINE S.A. (as owner) and FBB-FIRST BUSINESS BANK S.A. (as mortgagee) DEED OF COVENANT supplemental to a First Priority Statutory Bahamian Ship Mortgage over M/V “FREE IMPALA”Deed of Covenant • June 16th, 2010 • FreeSeas Inc. • Deep sea foreign transportation of freight
Owner has agreed to execute the said Statutory Mortgage and this Deed in favour of the Mortgagee in consideration of the foregoing.
Dated: 15th December, 2009 FBB — FIRST BUSINESS BANK S.A. as lender - and - ADVENTURE NINE S.A. & ADVENTURE TWELVE S.A. as borrowers LOAN AGREEMENT For a secured floating interest rate Loan Facility of up to US$27,750,000 Theo V. Sioufas & Co. Law...Loan Agreement • June 16th, 2010 • FreeSeas Inc. • Deep sea foreign transportation of freight
AMENDMENT AND RESTATEMENT AGREEMENT dated 1 DECEMBER 2009 ADVENTURE TWO S.A. ADVENTURE THREE S.A. ADVENTURE SEVEN S.A. ADVENTURE ELEVEN S.A. AS BORROWERS AND CO-DEBTORS and FREESEAS INC. AS PARENT AND GUARANTOR with NEW HBU II N.V. as Lender RELATING...Amendment and Restatement Agreement • June 16th, 2010 • FreeSeas Inc. • Deep sea foreign transportation of freight
Dated 27 November 2009 SUPPLEMENTAL AGREEMENT relating to a Reducing Revolving Credit Facility of up to US$91,000,000 to FREESEAS INC. provided by CREDIT SUISSE AG (formerly known as CREDIT SUISSE)Supplemental Agreement • June 16th, 2010 • FreeSeas Inc. • Deep sea foreign transportation of freight
FIRST PREFERRED SHIP MORTGAGE ON THE M/V “FREE NEPTUNE”First Preferred Ship Mortgage • June 16th, 2010 • FreeSeas Inc. • Deep sea foreign transportation of freight
