TBS INTERNATIONAL LIMITED FORM OF RESTRICTED SHARE AWARD AGREEMENTRestricted Share Award Agreement • January 26th, 2007 • TBS International LTD • Deep sea foreign transportation of freight • Delaware
RESTRICTED SHARE AWARD AGREEMENT (this “Agreement”) dated as of ___________, _____ (the “Issue Date”) between TBS INTERNATIONAL LIMITED (the “Company”), and [PARTICIPANT] (the “Participant”). Except as otherwise defined herein, capitalized terms used herein shall have the meanings set forth in the Plan (as defined below).
TBS INTERNATIONAL LIMITED FORM OF BONUS SHARE AWARD AGREEMENTBonus Share Award Agreement • January 26th, 2007 • TBS International LTD • Deep sea foreign transportation of freight • Delaware
BONUS SHARE AWARD AGREEMENT (this “Agreement”) dated as of ___________, _____ (the “Issue Date”) between TBS INTERNATIONAL LIMITED (the “Company”), and [PARTICIPANT] (the “Participant”). Except as otherwise defined herein, capitalized terms used herein shall have the meanings set forth in the Plan (as defined below).
AMENDMENT NO. 1 TO CREDIT AGREEMENTCredit Agreement • January 26th, 2007 • TBS International LTD • Deep sea foreign transportation of freight • New York
of January 23, 2007, is by and among (i) ALBEMARLE MARITIME CORP., ARDEN MARITIME CORP., ASIA-AMERICA OCEAN CARRIERS LTD., BIRNAM MARITIME CORP., BRISTOL MARITIME CORP., CHESTER SHIPPING CORP., DARBY NAVIGATION CORP., DOVER MARITIME CORP., FRANKFORT MARITIME CORP., GLENWOOD MARITIME CORP., HANSEN SHIPPING CORP., HENLEY MARITIME CORP., HUDSON MARITIME CORP., KENSINGTON SHIPPING CORP., NEWKIRK NAVIGATION CORP., OLDCASTLE SHIPPING CORP., RECTOR SHIPPING CORP., REMSEN NAVIGATION CORP., SHEFFIELD MARITIME CORP., SHERMAN MARITIME CORP., STERLING SHIPPING CORP., STRATFORD SHIPPING CORP., VERNON MARITIME CORP. and WINDSOR MARITIME CORP., each a corporation organized under the laws of the Republic of the Marshall Islands (collectively, the “Borrowers” and, each individually, a “Borrower”), (ii) EXETER SHIPPING CORP., a corporation organized under the laws of the Republic of the Marshall Islands (the “New Borrower”), (iii) TBS INTERNATIONAL LIMITED, a corporation formed under the laws of Bermuda
