WARRANT AGREEMENTWarrant Agreement • July 30th, 2007 • Paragon Shipping Inc. • Deep sea foreign transportation of freight • New York
AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT Dated as of November 21, 2006 Amended and restated as of June 19, 2007 by and among PARAGON SHIPPING INC., INNOVATION HOLDINGS S.A. and CANTOR FITZGERALD & CO. CRT CAPITAL GROUP LLC OPPENHEIMER & CO. INC.Registration Rights Agreement • July 30th, 2007 • Paragon Shipping Inc. • Deep sea foreign transportation of freight • New York
This Amended and Restated Registration Rights Agreement (this "Agreement") first made and entered into as of November 21, 2006 and amended and restated as of June 19, 2007, by and among Paragon Shipping Inc., a Marshall Islands corporation (the "Company"), Innovation Holdings S.A. ("Innovation Holdings"), Cantor Fitzgerald & Co., CRT Capital Group LLC and Oppenheimer & Co. Inc. (each, an "Initial Purchaser" and, together, the "Initial Purchasers"), which have agreed, pursuant to the Purchase Agreement (defined below), to purchase 7,562,000 units ("Units"), each consisting of one share of Class A Common Stock, par value $0.001 per share (the "Class A Common Stock"), of the Company and one-fifth of one warrant ("Warrants") exercisable to purchase Class A Common Stock (such shares of Class A Common Stock issuable upon exercise of the Warrants, "Warrant Shares") and expiring five years from the date of issuance pursuant to a warrant agreement, dated as of the date hereof, between the Compa
