AMENDMENT NO. 1 TO AGREEMENT AND PLAN OF MERGERAgreement and Plan of Merger • June 10th, 2015 • Genco Shipping & Trading LTD • Deep sea foreign transportation of freight
This Amendment No. 1 to Agreement and Plan of Merger, dated as of June 10, 2015 (this “Amendment”), by and among Genco Shipping & Trading Limited, a corporation organized under the Laws of the Republic of the Marshall Islands (“Parent”), Poseidon Merger Sub Limited, a corporation organized under the Laws of the Republic of the Marshall Islands and a wholly owned Subsidiary of Parent (“Merger Sub”), and Baltic Trading Limited, a corporation organized under the Laws of the Republic of the Marshall Islands (the “Company”), amends the Agreement and Plan of Merger, dated as of April 7, 2015 (the “Merger Agreement”), by and among Parent, Merger Sub and the Company. Parent, Merger Sub and the Company are each referred to herein as a “Party” and collectively as the “Parties.” Capitalized terms used but not otherwise defined in this Amendment shall have the meanings assigned to them in the Merger Agreement.
