0001047469-10-001944 Sample Contracts

SUBSCRIPTION AGREEMENT
Subscription Agreement • March 9th, 2010 • Genco Shipping & Trading LTD • Deep sea foreign transportation of freight • New York

THIS SUBSCRIPTION AGREEMENT (this “Agreement”), dated as of March 3, 2010, is entered into by and between Baltic Trading Limited, a corporation incorporated under the laws of the Republic of the Marshall Islands (the “Corporation”) and Genco Investments LLC, a limited liability company formed under the laws of the Republic of the Marshall Islands (“Purchaser”).

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SHAREHOLDERS RIGHTS AGREEMENT
Shareholder Agreements • March 9th, 2010 • Genco Shipping & Trading LTD • Deep sea foreign transportation of freight • New York

This Shareholders Rights Agreement (this “Agreement”) is made and entered into as of March 5, 2010, by and between Baltic Trading Limited, a Marshall Islands corporation (the “Company”), and Mellon Investor Services LLC (operating with the service name BNY Mellon Shareowner Services), a New Jersey limited liability company, as Rights Agent (the “Rights Agent”).

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