0000950136-08-003281 Sample Contracts

WARRANT AGREEMENT
Warrant Agreement • June 27th, 2008 • First Class Navigation CORP • Blank checks • New York

This Warrant Agreement made as of [__], 2008, between First Class Navigation Corporation, a Marshall Islands corporation with offices at 22 Ethnikis Antistaseos Street, 152 32 Halandri, Athens, Greece (the “Company”), and Continental Stock Transfer & Trust Company, a New York corporation, with offices at 17 Battery Place, New York, New York 10004 (the “Warrant Agent”).

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