Baltic Trading Limited Restricted Stock Grant AgreementRestricted Stock Grant Agreement • March 2nd, 2015 • Baltic Trading LTD • Deep sea foreign transportation of freight • New York
THIS AGREEMENT, made as of December 18, 2014, between BALTIC TRADING LIMITED (the “Company”) and Peter C. Georgiopoulos (the “Participant”).
Baltic Trading Limited Director Restricted Stock Grant AgreementRestricted Stock Grant Agreement • March 2nd, 2015 • Baltic Trading LTD • Deep sea foreign transportation of freight • New York
WHEREAS, the Company has adopted and maintains the Baltic Trading Limited 2010 Equity Incentive Plan (the “Plan”) to provide certain key persons, on whose initiative and efforts the successful conduct of the business of the Company depends, with incentives to: (a) enter into and remain in the service of the Company, (b) acquire a proprietary interest in the success of the Company, (c) maximize their performance and (d) enhance the long-term performance of the Company;
UP TO US$148,000,000 SENIOR SECURED CREDIT AGREEMENT among BALTIC TRADING LIMITED as Borrower, VARIOUS LENDERS and NORDEA BANK FINLAND PLC, NEW YORK BRANCH, as Administrative Agent and as Security AgentCredit Agreement • March 2nd, 2015 • Baltic Trading LTD • Deep sea foreign transportation of freight • London
CREDIT AGREEMENT, dated as of December 31, 2014, among BALTIC TRADING LIMITED, a company incorporated under the laws of the Republic of the Marshall Islands (the “Borrower”), the Lenders party hereto from time to time, NORDEA BANK FINLAND PLC, NEW YORK BRANCH (“Nordea”) and SKANDINAVISKA ENSKILDA BANKEN AB (PUBL), as Mandated Lead Arrangers (the “Lead Arrangers”), NORDEA BANK FINLAND PLC, NEW YORK BRANCH, as Administrative Agent (in such capacity, the “Administrative Agent”) and as Security Agent under the Security Documents (in such capacity, the “Security Agent”), and NORDEA BANK FINLAND PLC, NEW YORK BRANCH, as bookrunner (the “Bookrunner”). All capitalized terms used herein and defined in Section 1.01 are used herein as therein defined.
Baltic Trading Limited Restricted Stock Grant AgreementRestricted Stock Grant Agreement • March 2nd, 2015 • Baltic Trading LTD • Deep sea foreign transportation of freight • New York
WHEREAS, the Company has adopted and maintains the Baltic Trading Limited 2010 Equity Incentive Plan (the “Plan”) to provide certain key persons, on whose initiative and efforts the successful conduct of the business of the Company depends, with incentives to: (a) enter into and remain in the service of the Company, (b) acquire a proprietary interest in the success of the Company, (c) maximize their performance and (d) enhance the long-term performance of the Company;
PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • March 2nd, 2015 • Baltic Trading LTD • Deep sea foreign transportation of freight • New York
THIS PLEDGE AND SECURITY AGREEMENT (as amended, modified, restated and/or supplemented from time to time, this “Agreement”), dated as of January 7, 2015, made by each of the undersigned pledgors (each a “Pledgor” and, together with any other entity that becomes a pledgor hereunder pursuant to Section 25 hereof, the “Pledgors”) to NORDEA BANK FINLAND PLC, acting through its New York branch (“Nordea”), as Security Agent (in such capacity, together with any successor Security Agent, the “Pledgee”), for the benefit of the Secured Creditors (as defined below) and Nordea, as Deposit Account Bank (in such capacity, the “Deposit Account Bank”).
