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0000950136-05-003622 Sample Contracts

TBS INTERNATIONAL LIMITED (a Bermuda company) ______ Class A Common Shares FORM OF UNDERWRITING AGREEMENT Dated: June __ , 2005
Underwriting Agreement • June 21st, 2005 • TBS International LTD • Deep sea foreign transportation of freight • New York

Standard Contracts

AMONG
Revolving Credit Agreement • June 21st, 2005 • TBS International LTD • Deep sea foreign transportation of freight • New York