0000950144-09-003224 Sample Contracts

SHAREHOLDERS RIGHTS AGREEMENT
Shareholders Rights Agreement • April 15th, 2009 • FreeSeas Inc. • Deep sea foreign transportation of freight • Marshall Islands
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Dated June 2008 SUPPLEMENTAL AGREEMENT relating to a Reducing Revolving Credit Facility of up to (originally) US$87,000,000 to FREESEAS INC. provided by CREDIT SUISSE
Supplemental Agreement • April 15th, 2009 • FreeSeas Inc. • Deep sea foreign transportation of freight • London
MEMORANDUM OF AGREEMENT
Memorandum of Agreement • April 15th, 2009 • FreeSeas Inc. • Deep sea foreign transportation of freight • London

Norwegian Shipbroker’s Association’s Memorandum of Agreement for sale and purchase of ship, Adopted by The Baltic and International Maritime Council (BIMCO) in 1956

Dated: 17th March. 2009 ADVENTURE NINE S.A. FREE BULKERS S.A. FREESEAS INC. - and - FBB - FIRST BUSINESS BANK S.A. FIRST SUPPLEMENTAL AGREEMENT in relation to the Loan Agreement dated 31st March, 2008 for an amount of up to US$26,250,000
First Supplemental Agreement • April 15th, 2009 • FreeSeas Inc. • Deep sea foreign transportation of freight

AND IS SUPPLEMENTAL to the loan agreement dated 31st March, 2008 (the “Principal Agreement”) made between the Borrower as borrower and the Bank as lender, on the terms and conditions of which the Bank agreed to make available to the Borrower a loan of up to Dollars twenty six million two hundred and fifty thousand ($26,250,000) (the “Loan”), for the purposes set forth therein (the Principal Agreement as hereby amended and/or supplemented and as the same may hereinafter be amended and/or supplemented called the “Loan Agreement”).

AMENDED AND RESTATED SERVICES AGREEMENT
Services Agreement • April 15th, 2009 • FreeSeas Inc. • Deep sea foreign transportation of freight • England
SUPPLEMENTAL AGREEMENT Date: 23 March 2009
Supplemental Agreement • April 15th, 2009 • FreeSeas Inc. • Deep sea foreign transportation of freight
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