0001140361-10-034848 Sample Contracts

DEUTSCHE BANK AG FILIALE DEUTSCHLANDGESCHÄFT GUARANTEE AND INDEMNITY STEPHENSON HARWOOD One, St Paul's Churchyard London EC4M 8SH Tel: +44 (0)20 7329 4422 Fax: +44 (0)20 7329 7100 Ref: 1255/1527/01-49-00779
Guarantee and Indemnity • August 24th, 2010 • Genco Shipping & Trading LTD • Deep sea foreign transportation of freight

Page 1 Definitions and Interpretation 2 2 Representations and Warranties 4 3 Guarantee and Indemnity; limitation of liability; contribution 5 4 Preservation of Guarantor's Liability 6 5 Preservation of Finance Parties' Rights 8 6 Undertakings 10 7 Subrogation and Subordination 26 8 Payments 29 9 Currency 30 10 Set-Off 31 11 Application of Moneys 31 12 Partial Invalidity 32 13 Further Assurance 32 14 Miscellaneous 33 15 Notices 33 16 Law and Jurisdiction 33

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