0001104659-05-043920 Sample Contracts

FORM OF INDEMNIFICATION AGREEMENT
Indemnification Agreement • September 13th, 2005 • K-Sea Transportation Partners Lp • Water transportation • Delaware

THIS INDEMNIFICATION AGREEMENT (this “Agreement”) is made as of by and among K-Sea General Partner GP, LLC, a Delaware limited liability company (the “Company”), K-Sea General Partner, L.P., a Delaware limited partnership (the “General Partner”), K-Sea Transportation Partners L.P., a Delaware limited partnership (the “Partnership”), and (“Indemnitee”).

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LOAN AGREEMENT
Loan Agreement • September 13th, 2005 • K-Sea Transportation Partners Lp • Water transportation • Delaware

This LOAN AGREEMENT (this “Agreement”), is made as of June 28, 2005, by and between K-SEA OPERATING PARTNERSHIP L.P., a Delaware limited partnership (the “Borrower”), and CITIZENS ASSET FINANCE, a d/b/a of CITIZENS LEASING CORPORATION, a Rhode Island corporation, (the “Lender”).

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