TBS INTERNATIONAL LIMITED FORM OF SHARE UNIT AWARD AGREEMENTShare Unit Award Agreement • November 9th, 2007 • TBS International LTD • Deep sea foreign transportation of freight • Delaware
Contract Type FiledNovember 9th, 2007 Company Industry JurisdictionSHARE UNIT AWARD AGREEMENT (this “Agreement”) dated as of ___________, _______ (the “Grant 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).