0001047469-09-002054 Sample Contracts

AMENDED AND RESTATED CHANGE OF CONTROL PROTECTION AGREEMENT
Change of Control Protection Agreement • March 2nd, 2009 • Overseas Shipholding Group Inc • Deep sea foreign transportation of freight • Delaware

This Amended and Restated Change of Control Protection Agreement (this “Agreement”) is made and entered into as of December 31, 2008, (the “Effective Date”) by and between Overseas Shipholding Group, Inc., a corporation incorporated under the laws of Delaware with its principal office at 666 Third Avenue, New York, New York 10017 (the “Company”) and Lois Zabrocky (the “Executive”).

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EXERCISE OF OPTION TO EXTEND AND AMENDMENT NO. 1 TO CHARTER PARTY DATED OCTOBER 6, 2005 (THE “CHARTERPARTY”) BETWEEN ANN TANKER CORPORATION (THE “OWNERS”) AND DHT ANN VLCC CORP. (THE “CHARTERERS”) FOR THE VESSEL OVERSEAS ANN
Charter Party Amendment • March 2nd, 2009 • Overseas Shipholding Group Inc • Deep sea foreign transportation of freight

Pursuant to clause 99 of the Charterparty, the Charterers hereby declare, as of November 26, 2008, the exercise of the first 12 months of the option period which shall commence on April 17, 2012 at 0001 hours GMT and end on April 16, 2013 at 2400 hours GMT (the “Option Period”).

EXERCISE OF OPTION TO EXTEND AND AMENDMENT NO. 1 TO CHARTER PARTY DATED OCTOBER 6, 2005 (THE “CHARTERPARTY”) BETWEEN REGAL UNITY TANKER CORPORATION (THE “OWNERS”) AND DHT REGAL UNITY VLCC CORP. (THE “CHARTERERS”) FOR THE VESSEL OVERSEAS REGAL
Charter Party • March 2nd, 2009 • Overseas Shipholding Group Inc • Deep sea foreign transportation of freight

Pursuant to clause 99 of the Charterparty, the Charterers hereby declare, as of November 26, 2008, the exercise of the first 12 months of the option period which shall commence on April 17, 2011 at 0001 hours GMT and end on April16, 2012 at 2400 hours GMT (the “Option Period”).

EXERCISE OF OPTION TO EXTEND AND AMENDMENT NO. 1 TO CHARTER PARTY DATED OCTOBER 6, 2005 (THE “CHARTERPARTY”) BETWEEN CHRIS TANKER CORPORATION (THE “OWNERS”) AND DHT CHRIS VLCC CORP. (THE “CHARTERERS”) FOR THE VESSEL OVERSEAS CHRIS
Charter Party • March 2nd, 2009 • Overseas Shipholding Group Inc • Deep sea foreign transportation of freight

Pursuant to clause 99 of the Charterparty, the Charterers hereby declare, as of November 26, 2008, the exercise of the first 12 months of the option period which shall commence on October 17, 2011 at 0001 hours GMT and end on October16, 2012 at 2400 hours GMT (the “Option Period”).

EXERCISE OF OPTION TO EXTEND AND AMENDMENT NO. 1 TO CHARTER PARTY DATED OCTOBER 6, 2005 (THE “CHARTERPARTY”) BETWEEN CATHY TANKER CORPORATION (THE “OWNERS”) AND DHT CATHY AFRAMAX CORP. (THE “CHARTERERS”) FOR THE VESSEL OVERSEAS CATHY
Charter Party • March 2nd, 2009 • Overseas Shipholding Group Inc • Deep sea foreign transportation of freight

Pursuant to clause 99 of the Charterparty, the Charterers hereby declare, as of November 26, 2008, the exercise of the first 12 months of the option period which shall commence on January 17, 2012 at 0001 hours GMT and end on January16, 2013 at 2400 hours GMT (the “Option Period”).

EXERCISE OF OPTION TO EXTEND AND AMENDMENT NO. 1 TO CHARTER PARTY DATED OCTOBER 6, 2005 (THE “CHARTERPARTY”) BETWEEN SOPHIE TANKER CORPORATION (THE “OWNERS”) AND DHT SOPHIE AFRAMAX CORP. (THE “CHARTERERS”) FOR THE VESSEL OVERSEAS SOPHIE
Charter Party • March 2nd, 2009 • Overseas Shipholding Group Inc • Deep sea foreign transportation of freight

Pursuant to clause 99 of the Charterparty, the Charterers hereby declare, as of November 26, 2008, the exercise of the first 12 months of the option period which shall commence on July17, 2011 at 0001 hours GMT and end on July 16, 2012 at 2400 hours GMT (the “Option Period”).

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