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0001047469-06-012333 Sample Contracts

DANAOS CORPORATION - and - DANAOS SHIPPING COMPANY LIMITED AMENDED AND RESTATED MANAGEMENT AGREEMENT
Management Agreement • October 3rd, 2006 • Danaos Corp • Deep sea foreign transportation of freight • England

Standard Contracts

LOAN AGREEMENT
Loan Agreement • October 3rd, 2006 • Danaos Corp • Deep sea foreign transportation of freight

Purpose : Bridge loan to partly finance the payment of the pre-delivery installments to Sungdong Shipbuilding & Marine Engineering Co., Ltd. (the “Builder”) for the construction of Hull Nos. S4001, S4002, S4003, S4004 and S4005 (collectively the “Vessels”), currently being constructed by the Builder. The loan amount will be an amount of up to USD 75 MM (United States Dollar Seventy-Five Million only)

LOAN AGREEMENT
Loan Agreement • October 3rd, 2006 • Danaos Corp • Deep sea foreign transportation of freight

Purpose: Bridge loan to partly finance the payment of the pre-delivery installments to Samsung Heavy Industries Co. Ltd. (the "Builder") for the construction of Hull Nos. 1670, 1671, 1672 and 1673 (collectively the "Vessels"), currently being constructed by the Builder.