ASSIGNMENT AND AMENDMENT AGREEMENTAssignment and Amendment Agreement • September 26th, 2013 • Freeseas Inc. • Deep sea foreign transportation of freight
This ASSIGNMENT AND AMENDMENT AGREEMENT (the “Agreement”), dated as of September 25, 2013, is by and among FreeSeas Inc., a company incorporated under the laws of the Marshall Islands (the “Company”), Adventure Two S.A., a company incorporated under the laws of the Marshall Islands (“Adventure Two”), Adventure Three S.A., a company incorporated under the laws of the Marshall Islands (“Adventure Three”), Adventure Seven S.A., a company incorporated under the laws of the Marshall Islands (“Adventure Seven”), Adventure Eleven S.A., a company incorporated under the laws of Liberia (“Adventure Eleven” and together with Adventure Two, Adventure Three and Adventure Seven, collectively the “Borrowers” and each is also referred to herein individually as a “Borrower”), and solely for purposes of Sections 1 and 3 through 7, Hanover Holdings I, LLC (“Hanover”), Deutsche Bank Nederland N.V., a public company with limited liability (naamloze vennootschap), incorporated under the laws of the Netherla
