AGREEMENT AND PLAN OF MERGER by and among GENCO SHIPPING & TRADING LIMITED, POSEIDON MERGER SUB LIMITED and BALTIC TRADING LIMITED, Dated as of April 7, 2015Agreement and Plan of Merger • April 8th, 2015 • Baltic Trading LTD • Deep sea foreign transportation of freight • New York
THIS AGREEMENT AND PLAN OF MERGER, dated as of April 7, 2015 (this "Agreement"), is made 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"). Parent, Merger Sub and the Company are each referred to herein as a "Party" and collectively as the "Parties."
VOTING AND SUPPORT AGREEMENTVoting and Support Agreement • April 8th, 2015 • Baltic Trading LTD • Deep sea foreign transportation of freight • New York
This Voting and Support Agreement (this “Agreement”) is made and entered into as of April 7, 2015, by and among Baltic Trading Limited, a corporation incorporated under the laws of the Republic of the Marshall Islands (the “Company”), Genco Shipping & Trading Limited, a corporation incorporated under the laws of the Republic of the Marshall Islands (“Parent”), and each entity listed on Schedule A hereto (each, a “Shareholder”).
First Supplemental Agreement to Secured Loan Facility Agreement dated 3 December 2013Baltic Trading LTD • April 8th, 2015 • Deep sea foreign transportation of freight
Supplemental to a secured loan agreement dated 3 December 2013 (the "Loan Agreement") made between the Borrowers, the Lenders, the Agent and the Security Agent on the terms and subject to the conditions of which each of the Lenders agreed to advance to the Borrowers its respective Commitment of an aggregate amount not exceeding forty four million Dollars ($44,000,000).
